Financials
- Fiscal year
- 2025
- Total assets
- €26,527
- Loss
- -€12,591
- Solvency
- -171.2%
SDC & R
ActiveSummary
The computed 12-month bankruptcy probability of SDC & R is 1.8% (moderate). The 2025 annual accounts show negative equity (-€45,421) and a net result of -€12,591. Equity is shrinking by ~55% per year across the filed fiscal years. Its solvency ranks better than 5% of 8593 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Site preparation
NACE 43120
1 site
Size
€26,527total assets 2025
- Equity
- -€45,421
- Loss
- -€12,591
Turnover not published (abridged schema)
Structure
Accounts filed 28 d late0 of 3 deeds read
Why 52- Negative equity -€45,421- Latest accounts 28 days late; 2 of the last 3 late+ Size: total assets €26,527+ Liquidity: current ratio 0.28, cash €19,366Show the evidence
Checked score
Score 2025
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 15% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
0=
equity -171.2% of total assets
Liquidity
50=
short-term debt 271.2% · cash 73.0%
Profitability
0=
return on assets -47.5%
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 8 months
03-2026: 2.4%
04-2026: 2.4%● 0.0% vs 03-2026
05-2026: 2.3%▼ -1.9% vs 04-2026
06-2026: 2.2%▼ -3.1% vs 05-2026
07-2026: 2.3%▲ +0.3% vs 06-2026
08-2026: 2.9%▲ +28.7% vs 07-2026highest value
09-2026: 1.8%▼ -37.2% vs 08-2026lowest value
10-2026: 1.8%● 0.0% vs 09-2026lowest value
- Size: total assets €26,527 lowers the probability for this profile
- Negative equity -€45,421 raises the probability
- Latest accounts 28 days late; 2 of the last 3 late raises the probability
- Liquidity: current ratio 0.28, cash €19,366 lowers the probability
No credit on open account
Liquidity short (current ratio 0.28 against 0.42 in 2024; short-term debt: 271.2% and cash: 73% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 3%, liquidity 43%, profitability 4%, growth against the median 11%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€45,421
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 7 filingsDeviation from the deadline
2025
28 d late
2024
43 d late
2023
98 d late
2022
60 d late
2021
30 d late
2020
31 d late
2019
9 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 40 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 12 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Annual accounts filedfiscal year 2023 · abbreviated…
Key points
By topic
Timeline
- Events
- 9
- Since
- 2020
- Next accounts
- by 31-07-2027
- 28-08-2026Annual accounts filed
- 12-09-2025Annual accounts filed
- 06-11-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Site preparationNACE 43120
- Founded
- 17-07-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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