SDCE
ActiveFrom the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of SDCE is 3.1% (moderate). The 2025 annual accounts show equity of €26,914 and a net result of €24,914. Its solvency ranks better than 85% of 22,726 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
KBO- Status
- Active since 20-06-2024 Normal situation
- Registered office
- 145 active companies are registered at this address 14 started in the 12 months before. Source: KBO register, as of 1 November 2026.
- Activity
- Retail sale of motor vehicle parts and accessories NACE 47820and 2 others
- Establishment unit
- 2.360.695.532 8720 Dentergem, since 20-06-2024
- Financial year end
- 30 June
- Peppol
- Reachable since 29-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.1%
- Gross margin
- €36,743
- Turnover
- ≈ €260,000
- estimated
- Profit
- €24,914
- Equity
- €26,914
- Total assets
- €35,647
Score breakdownraises riskFounded in 2024Size: total assets €35,647Liquidity: current ratio 1.89, cash €85Sector: Retail trade (NACE 47)Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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, micro). It does better than 92% of them on solvency, 39% on liquidity and 96% on profitability.
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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Signals
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 29-01-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 30-06-2025 |
|---|---|
| Tangible fixed assets | €19,650 |
| Intangible fixed assets | €2,645 |
| Depreciation and write-downs of the year | €3,184 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as SDCE: retail sale of motor vehicle parts and accessories (NACE 47820). They are comparable in size and age: total assets between €29,100 and €63,400, founded between 2023 and 2024.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| SDCE Gent | 2024 | €35,647 | €26,914 | €36,743 | - | €24,914 | 2025 |
| SOS DEPANNAGE AUBANGE-MESSANCY Aubange | 2024 | €42,814 | €25,559 | €29,799 | €81,464 | €21,559 | 2025 |
| PNEUS LIEGE Liège | 2023 | €29,052 | -€8,088 | €23,296 | €108,024 | €14,348 | 2025 |
| TRUST SOLUTIONS Sint-Pieters-Leeuw | 2024 | €48,741 | €9,025 | €67,713 | - | €8,025 | 2025 |
| AL-HAADI AUTOMOTIVE Brussel | 2023 | €37,894 | €26,741 | €20,161 | €74,519 | €16,741 | 2025 |
| GS PNEUS Ans | 2024 | €63,427 | €16,012 | €28,342 | - | €7,142 | 2025 |
| FB AUTO Flémalle | 2023 | €54,675 | €39,721 | €16,184 | - | €9,470 | 2025 |
They were chosen from the 666 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 39,278 companies had the same profile as SDCE has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
The bankruptcy probability of SDCE itself is higher: 3.1% within 12 months. It rests on far more data about SDCE than the profile alone.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for SDCE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,184 |
| Other operating charges640/8 | €249 |
| Gross operating margin9900 | €36,743 |
| Operating profit (loss)9901 | €33,310 |
| Financial income75/76B | €525 |
| Recurring financial income75 | €525 |
| Financial charges65/66B | €240 |
| Recurring financial charges65 | €240 |
| Profit (loss) for the period before taxes9903 | €33,595 |
| Income taxes67/77 | €8,681 |
| Profit (loss) for the period9904 | €24,914 |
| Profit (loss) for the period to be appropriated9905 | €24,914 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €35,647 | |
| Fixed assets21/28 | €19,111 | |
| Tangible fixed assets22/27 | €19,111 | |
| Furniture and vehicles24 | €19,111 | |
| Current assets29/58 | €16,536 | |
| Amounts receivable within one year40/41 | €16,029 | |
| Trade receivables40 | €4,387 | |
| Other amounts receivable41 | €11,642 | |
| Cash at bank and in hand54/58 | €85 | |
| Deferred charges and accrued income490/1 | €422 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €35,647 | |
| Equity10/15 | €26,914 | |
| Contributions10/11 | €2,000 | |
| Profit (loss) carried forward14 | €24,914 | |
| Amounts payable17/49 | €8,733 | |
| Amounts payable within one year42/48 | €8,733 | |
| Trade debts44 | €52 | |
| Suppliers440/4 | €52 | |
| Taxes, remuneration and social security45 | €8,681 | |
| Taxes450/3 | €8,681 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €24,914 |
| + Depreciation and write-downs630 | €3,184 |
| Operating cash flow (approximation) | €28,098 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 29-01-2026 | 2026-00018411 | NBB |
Board & ownership
Directors
Owners and capital
Shareholders
- TEODOR Sorin 100 shares (100%) · €2,000 in cash
Capital transactions
- 24-06-2024 Incorporation · €2,000 · 100 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, bestuur”
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Authentieke akte op verzoek bestuursorgaan vóór einde elk boekjaar met uittredingen uitsluitingen en statutenwijziging, 7”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Te allen tijde, algemene vergadering”
Articles of association, deed of 24-06-2024 (in Dutch)
Network & group
SDCE shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of SDCE. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-06
Gazette deed
IncorporationAppointment: TEODOR Sorin (director) · Board rule · Pre-incorporation commitments12 points ▸
- Board rule, 1
- Director appointment, TEODOR Sorin (director)
- Pre-incorporation commitments, “takeover, alle gestelde verbintenissen genomen door de oprichter in haar naam binnen de door het Wetboek voorziene termijnen” (deed in Dutch)
- Other provision, “uitvoering van het voorwerp, vennootschap kan verplicht zijn de nodige voorafgaande toelatingen of vergunningen te bekomen of bepaalde voorwaarden te vervullen…” (deed in Dutch)
- Other provision, “attest van burgerlijke stand, met uitdrukkelijk akkoord van de comparant” (deed in Dutch)
- Other provision, “digitaal afschrift van deze akte, https://www.notaris.be/notariele-akten/mijn-akten” (deed in Dutch)
- Incorporation, “SDCE” (deed in Dutch)
- Founder, TEODOR Sorin
- Founding capital, “euro 2.000” (deed in Dutch)
- Other provision, “financieel plan, voorlegging aan notaris” (deed in Dutch)
- Declaration, “aansprakelijkheid oprichter bij faillissement binnen drie jaar na oprichting bij kennelijk ontoereikend aanvangsvermogen” (deed in Dutch)
- Other provision, “naleving voorwaarden oprichtingsakte en vaststelling statuten en overgangsbepalingen, vaststelling door notaris” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44808H0052/00R006 | Flanders | 214 m² | 1 · 202 m² | 11.8 m · 3 |
| 37016B0142/00L000 | Flanders | 139 m² | 1 · 82 m² | 9.4 m · 2 |