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SDB 2

Active
Public limited companyfounded 2012active for 14 yearsAvenue Ernest Solvay 29, 1480 Tubize, BelgiumKBO/BCE: BE 0848.964.388
Summary

SDB 2 has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €155,850 and a net result of €109,260. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 16% of 5,036 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 25-09-2012 Normal situation
Activity
Retail sale of other sporting goods NACE 47639
Financial year end
30 April
Peppol
Reachable since 18-12-2025

Board and ownership

Board
Shareholders
  • Frasers Group (European Holdings) Ltdannual accounts 30-04-2025
  • Frasers Group PLCannual accounts 30-04-2025

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts to 30-04-2025
Gross margin
€440,485
▲ 3.9%
Turnover
≈ €3.0m
estimated
Profit
€109,260
▲ 90.8%
Equity
€155,850
▲ 87.4%
Total assets
€2.9m
▼ 5.9%
Filed on 27-10-2025, 34 days before the deadline
Score breakdownraises riskEquity €155,850 (5.3% of total assets)Sector: Retail trade (NACE 47)No registered site in the KBOlowers riskSize: total assets €2.9mShow the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 36% of small companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 30+2
equity 5.3% of total assets
Liquidity 2=
short-term debt 93.9% · cash 1.8%
Profitability 48+9
return on assets 3.7%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,696 companies, NACE 47, small)
Last 24 months 12-2024: 0.2%lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025lowest value 05-2025: 0.2%● unchanged vs 04-2025lowest value 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.6%▲ +0.2 percentage points vs 09-2025 11-2025: 0.3%▼ -0.3 percentage points vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.8%▲ +0.4 percentage points vs 09-2026highest value 11-2026: 0.8%● unchanged vs 10-2026highest value
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.04 (0.03 in 2024), below 1. Short-term debt is 93.9% and cash 1.8% of total assets. 94.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small). It does better than 16% of them on solvency, 3% on liquidity, 31% on profitability and 94% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €2.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €155,850 (5.3% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 5036 sector peers (2025).
NBB · sector comparison
Position among 5036 sector peers
Solvency
better than 16%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €155,850
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 27-10-2025, 34 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
34 days early
2024
32 days early
2023
36 days early
2022
27 days early
2021
6 days late
2020
270 days late
2019
209 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 51 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-04-2026 is due by 30-11-2026. Nothing is late today. The company usually files around 29 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-04-2026 year end02-11-2026 today30-11-2026 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €57,266 to €109,260 ▲ 90.8% View
  • Caution: Lower solvency than 83% of companies in retail tradesector median 36.1% · 5,036 companies 5.3% View
  • Positive: 6 profitable years in a rowprofit 2025: €109,260 6 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Reappointment: RSM InterAudit (statutory auditor)
  2. · Gazette deed Amendment of the articles
  3. · Gazette deed Permanent representatives: Delphine Delahaut and Luis Laperal
All 21 events

Comparable companies

These companies have the same main activity as SDB 2: retail sale of other sporting goods (NACE 47639). They are comparable in size and age: total assets between €1.9m and €4.9m, founded between 2003 and 2012.

CompanyTotal assetsGross margin
SDB 2 Tubize€2.9m€0.4m
TECTRONIC Lichtervelde€2.3m€0.6m
IKONIC SADDLERY Chaumont-Gistoux€1.9m€0.7m
CIMENTA Merksplas€2.4m€0.5m
CANVASCAMP Gavere€4.9m€0.7m
BELGIUM CABLE PARK Saint-Ghislain€2.5m€1.0m
POLY - AL BOATS Deinze€2.5m€0.6m
Full comparison

Key facts about SDB 2

What is the company number of SDB 2?
The company number of SDB 2 is 0848.964.388. The VAT number is the same number with BE in front: BE 0848.964.388.
Where is SDB 2 based?
The registered office is at Avenue Ernest Solvay 29, 1480 Tubize.Company details
What does SDB 2 do?
According to the KBO register, the main activity is retail sale of other sporting goods (NACE 47639).
What is the legal form of SDB 2?
The legal form of SDB 2 is Public limited company (NV).
When was SDB 2 founded?
SDB 2 was founded on 25-09-2012.
Is SDB 2 still active?
Yes, SDB 2 is an active enterprise in the KBO register.
What is the turnover of SDB 2?
The turnover in financial year 2025 is ≈ €3.0m. This figure is estimated from the gross margin of €440,485 and 219 comparable companies (NACE 47). It probably lies between €1.6m and €4.7m.Financials
Is SDB 2 profitable?
In financial year 2025, SDB 2 made a profit of €109,260.
Where can I find the annual accounts of SDB 2?
SDB 2 filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SDB 2 due?
SDB 2 must file the annual accounts for financial year 2026 by 30-11-2026.Timeline

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