SDB Logistics
ActiveSummary
The computed 12-month bankruptcy probability of SDB Logistics is 3.1% (moderate). For SDB Logistics, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €383,698 and a net result of €176,180. Equity is growing by ~47.4% per year across the filed fiscal years. Its solvency ranks better than 57% of 1192 sector peers (fiscal year 2023). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability92▲+11
Solvency65▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
40.2%
Return on assets
18.5%
Age of the figures
33 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 13-09-2024, 44 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
44 d late
2022
107 d late
2021
95 d late
2020
39 d late
2019
108 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 79 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€176,180▲ 217%
2022 · €55,661
Working capital
€98,376
2022 · -€30,167
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€14,530▲ 8.3%€29,371▲ 102%€89,486▲ 205%€83,569▼ 6.6%€258,913▲ 210%
Net result€10,799▲ 49.1%€24,403within the sector's middle half▲ 126%€61,431within the sector's middle half▲ 152%€55,661within the sector's middle half▼ 9.4%€176,180within the sector's middle half▲ 217%
Equity€66,022▲ 19.6%€90,425within the sector's middle half▲ 37.0%€151,856within the sector's middle half▲ 67.9%€207,518within the sector's middle half▲ 36.7%€383,698within the sector's middle half▲ 84.9%
Total assets€99,231▲ 16.1%€169,872below the sector's middle half▲ 71.2%€265,647below the sector's middle half▲ 56.4%€576,881within the sector's middle half▲ 117%€953,541within the sector's middle half▲ 65.3%
Debt€33,209▲ 9.7%€79,447▲ 139%€113,790▲ 43.2%€369,363▲ 225%€569,844▲ 54.3%
Working capital€66,022▼ 5.6%€52,937within the sector's middle half▼ 19.8%-€6,676within the sector's middle half-€30,167within the sector's middle half▼ 352%€98,376within the sector's middle half
Solvency66.5%▲ 1.9pp53.2%within the sector's middle half▼ 13.3pp57.2%within the sector's middle half▲ 3.9pp36.0%within the sector's middle half▼ 21.2pp40.2%within the sector's middle half▲ 4.3pp
Current ratio2.99▼ 3.212.75above the sector's middle half▼ 0.240.91within the sector's middle half▼ 1.840.86below the sector's middle half▼ 0.061.25within the sector's middle half▲ 0.39
Return on assets (ROA)10.9%▲ 2.4pp14.4%above the sector's middle half▲ 3.5pp23.1%above the sector's middle half▲ 8.8pp9.6%above the sector's middle half▼ 13.5pp18.5%above the sector's middle half▲ 8.8pp
Staff (FTE)3.7below the sector's middle half10.3within the sector's middle half▲ 178%13.3within the sector's middle half▲ 29.1%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 210% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €953,541
Fixed assets
€456,783 ▲ 15.0%
Current assets
€496,758 ▲ 176%
Equity and liabilities €953,541
Equity
€383,698 ▲ 84.9%
Debt
€569,844 ▲ 54.3%
Debt's share of the balance-sheet total falls from 64.0% to 59.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€386,465▲
2022 · €154,635
Cash flow
€303,732▲
2022 · €126,727
Debt to equity
1.49▼
2022 · 1.78
ROE
45.9%▲
2022 · 26.8%
Interest coverage
53.77▲
2022 · 41.31
Debt ≤ 1 year
€398,383▲
2022 · €209,854
Debt > 1 year
€171,461▲
2022 · €159,508
Income taxes
€79,777▲
2022 · €28,427
Staff costs
€461,073▲
2022 · €197,835
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €67,444 | €197,835 | €461,073 | ▲ 133% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €7,022 | €38,512 | €71,066 | €127,553 | ▲ 79.5% |
| Other operating charges640/8 | - | - | €4,561 | €14,878 | €18,110 | ▲ 21.7% |
| Gross operating margin9900 | €183,405 | €80,846 | €200,003 | €367,347 | €865,648 | ▲ 136% |
| Operating profit (loss)9901 | €14,530 | €29,371 | €89,486 | €83,569 | €258,913 | ▲ 210% |
| Financial income75/76B | - | - | €3,250 | €4,263 | €4,231 | ▼ 0.7% |
| Recurring financial income75 | - | €4,555 | €3,250 | €4,263 | €4,231 | ▼ 0.7% |
| Financial charges65/66B | - | - | €3,594 | €3,743 | €7,187 | ▲ 92.0% |
| Recurring financial charges65 | €3,731 | €3,882 | €3,594 | €3,743 | €7,187 | ▲ 92.0% |
| Profit (loss) for the period before taxes9903 | €10,799 | €30,044 | €89,142 | €84,089 | €255,956 | ▲ 204% |
| Income taxes67/77 | - | €5,641 | €27,710 | €28,427 | €79,777 | ▲ 181% |
| Profit (loss) for the period9904 | €10,799 | €24,403 | €61,431 | €55,661 | €176,180 | ▲ 217% |
| Profit (loss) for the period to be appropriated9905 | €10,799 | €24,403 | €61,431 | €55,661 | €176,180 | ▲ 217% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €99,231 | €169,872 | €265,647 | €576,881 | €953,541 | ▲ 65.3% |
| Formation expenses20 | - | €9,811 | €6,018 | - | - | - |
| Fixed assets21/28 | - | €76,850 | €189,781 | €397,194 | €456,783 | ▲ 15.0% |
| Intangible fixed assets21 | - | - | - | €2,226 | - | - |
| Tangible fixed assets22/27 | - | €76,715 | €189,646 | €371,963 | €452,478 | ▲ 21.6% |
| Furniture and vehicles24 | - | - | €147,181 | €173,575 | €230,818 | ▲ 33.0% |
| Leasing and similar rights25 | - | - | €42,465 | €198,388 | €218,666 | ▲ 10.2% |
| Other tangible fixed assets26 | - | - | - | - | €2,994 | - |
| Financial fixed assets28 | - | €135 | €135 | €23,005 | €4,305 | ▼ 81.3% |
| Current assets29/58 | €99,231 | €83,211 | €69,848 | €179,687 | €496,758 | ▲ 176% |
| Amounts receivable within one year40/41 | €92,681 | €50,948 | €51,423 | €164,808 | €440,277 | ▲ 167% |
| Trade receivables40 | - | - | €51,191 | €156,975 | €349,546 | ▲ 123% |
| Other amounts receivable41 | - | - | €232 | €7,833 | €90,731 | ▲ 1,058% |
| Cash at bank and in hand54/58 | €6,550 | €32,263 | €18,425 | €14,879 | €56,482 | ▲ 280% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €99,231 | €169,872 | €265,647 | €576,881 | €953,541 | ▲ 65.3% |
| Equity10/15 | €66,022 | €90,425 | €151,856 | €207,518 | €383,698 | ▲ 84.9% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | - | - | €18,600 | €18,600 | €18,600 | = |
| Other1109/19 | - | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €45,562 | €69,965 | €131,396 | €187,058 | €363,238 | ▲ 94.2% |
| Amounts payable17/49 | €33,209 | €79,447 | €113,790 | €369,363 | €569,844 | ▲ 54.3% |
| Amounts payable after more than one year17 | - | €49,173 | €37,267 | €159,508 | €171,461 | ▲ 7.5% |
| Financial debts170/4 | - | - | €37,267 | €159,508 | €171,461 | ▲ 7.5% |
| Amounts payable within one year42/48 | €33,209 | €30,275 | €76,524 | €209,854 | €398,383 | ▲ 89.8% |
| Current portion of amounts payable after more than one year42 | - | - | €16,532 | €43,777 | €67,289 | ▲ 53.7% |
| Trade debts44 | €1,082 | €3,561 | €20,491 | €87,735 | €74,918 | ▼ 14.6% |
| Suppliers440/4 | - | - | €20,491 | €87,735 | €74,918 | ▼ 14.6% |
| Taxes, remuneration and social security45 | - | - | €39,501 | €75,079 | €256,176 | ▲ 241% |
| Taxes450/3 | - | - | €29,320 | €46,083 | €146,929 | ▲ 219% |
| Remuneration and social security454/9 | - | - | €10,181 | €28,996 | €109,246 | ▲ 277% |
| Other amounts payable47/48 | - | - | - | €3,264 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,799 | €24,403 | €61,431 | €55,661 | €176,180 | ▲ 217% |
| + Depreciation and write-downs630 | - | €7,022 | €38,512 | €71,066 | €127,553 | ▲ 79.5% |
| Operating cash flow (approximation) | €10,799 | €31,426 | €99,944 | €126,727 | €303,732 | ▲ 140% |
| Investment in fixed assets (approximation) | - | - | -€151,443 | -€278,479 | -€187,142 | ▲ 32.8% |
| Change in cash | - | €25,714 | -€13,838 | -€3,546 | €41,603 | ▲ 1,273% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 44 days late
2023
31-12
Financial
Highest result since 2018net €176,180 ▲217%
Operating result €258,913, net result €176,180, both a record.
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 107 days late
2022
31-12
Financial
Equity above €200,000Eq €207,518 ▲36.7%
5 profitable years in a row build equity to €207,518.
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 95 days late
2021
31-12
Financial
Equity above €150,000Eq €151,856 ▲67.9%
4 profitable years in a row build equity to €151,856.
08-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 39 days late
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 108 days late
2019
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 49 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 16 days late
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Agatha-Berchem · 1 establishment unit since 2015
Ground area
3,239 m²
Building footprint
1,662 m²
Volume, LiDAR
2,141 m³
2 parcels, Brussels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
295
companies at this address
See who is registered here
1 establishment unit
GFK CARS
since 20152.253.707.106
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23047A0054/00M003 | Flanders | 2,949 m² | 1 · 1,369 m² | 3.0 m |
| 21342B0043/00F003 | Brussels | 290 m² | 1 · 293 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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Of 12,583 companies in sector 49410 we hold annual accounts for 8,204. 5,556 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0568820074
Also
9925:BE0568820074
Registered
14-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.