Active BE 1011.742.761Private limited company

SDCOM

Kanonstraat(Kor) 59 ·8500 Kortrijk, Belgium· 2 yrs active

Sector: Agents in the wholesale of timber and building materials (46130)

Conclusion Checked

SDCOM has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76k and a net result of €55k. Its solvency ranks better than 74% of 10877 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€76k
Net result	€55k
Better than sector	74%
Active	2 yrs

Financial profile 5 of 5 axes measured · computed by Checked

92 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 100

Solvency 100

Growth 78

Stability 82

Bankruptcy probability (12 mo) Checked model v1 · free

1.4% Low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Young company

Founded in 2024, under 3 years, statistically higher risk.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2025 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€8k

estimate, not credit advice

Score history

78 2024

100 2025

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 2.22 (≥ 1.5) +10

Quick ratio Quick ratio 2.22 (≥ 1.0) +5

Leverage Debt/equity 0.38 (< 1.0) +10

Profitability ROE 72% (≥ 10%) +10

Interest coverage Interest coverage 44.9× (≥ 3×) +8

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview2 NBB filings

Annual accounts filed on 31-08-2026 with the NBB · fiscal year 2025 · micro schema

Operating resultNet result

Sector comparison

Fiscal year 2025 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	72.5%	42.6%	better than 74% of 10877 sector peers
Net result	€55k	€6k	better than 86% of 10889 sector peers
Equity	€76k	€60k	better than 55% of 10908 sector peers
Gross operating margin	€82k	€29k	better than 75% of 10866 sector peers
Total assets	€105k	€175k	better than 36% of 10887 sector peers

EBITDA

€81k

+159.0% 24-25

Net profit

€55k

+153.1% 24-25

Cash flow

€65k

+160.6% 24-25

Total assets

€105k

+41.6% 24-25

Equity

€76k

+247.3% 24-25

Working capital

€35k

+4931.0% 24-25

Income taxes

€14k

+156.7% 24-25

Dividends

€833

0.0% 24-25

Debt

€29k

-44.8% 24-25

Debt ≤ 1y

€29k

-3.4% 24-25

Debt > 1y

€22k

- 24-25

Current ratio

2.22

+116.9% 24-25

Quick ratio

2.22

+116.9% 24-25

Solvency

72.5%

+145.3% 24-25

Debt / equity

0.38

-84.1% 24-25

ROE

72.3%

-27.1% 24-25

ROA

52.4%

+78.7% 24-25

Interest coverage

44.89

+11.0% 24-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024
Deposit	micro schema	micro schema
Revenue	-	-
EBITDA	€81k	€31k
Net profit	€55k	€22k
Cash flow	€65k	€25k
Staff costs	-	-
Income taxes	€14k	€6k
Dividends	€833	€833
Total assets	€105k	€74k
Equity	€76k	€22k
Debt	€29k	€52k
of which ≤ 1y	€29k	€30k
of which > 1y	-	€22k
Working capital	€35k	€701
Employees (FTE)	-	-

Ratios (computed)

	2025	2024
Current ratio	2.22	1.02
Quick ratio	2.22	1.02
Working capital ratio	33.5%	0.9%
Solvency	72.5%	29.6%
Debt / equity	0.38	2.38
Long-term debt ratio	-	1.02
Interest coverage	44.89	40.45
Gross margin	-	-
Net margin	-	-
ROA	52.4%	29.4%
ROE	72.3%	99.2%
EBITDA margin	-	-
Days sales outstanding	-	-
Days payable outstanding	-	-
Inventory turnover	-	-
Days inventory (DSI)	-	-

Balance-sheet composition 2025

Assets

Fixed assets €41k · 39.1% Current assets €64k · 60.9%

Equity & liabilities

Equity €76k · 72.5% Debt €29k · 27.5%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€105k	€74k
Fixed assets	21/28	€41k	€44k
Tangible fixed assets	22/27	€41k	€43k
Financial fixed assets	28	-	€400
Current assets	29/58	€64k	€31k
Amounts receivable within one year	40/41	€43k	€23k
Cash & bank	54/58	€21k	€8k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€105k	€74k
Equity	10/15	€76k	€22k
Contributions / capital	10/11	€1k	€1k
Reserves	13	€75k	€21k
Amounts payable	17/49	€29k	€52k
Amounts payable after one year	17	-	€22k
Amounts payable within one year	42/48	€29k	€30k
Trade debts payable within one year	44	€765	€2k
Income statement
Gross operating margin	9900	€82k	€32k
Operating result	9901	€71k	€28k
Financial income	75	€91	-
Financial charges	65	€2k	€775
Result before taxes	9903	€69k	€27k
Income taxes	67/77	€14k	€6k
Net result for the period	9904	€55k	€22k
Result to be appropriated	9905	€55k	€22k

Legal Structure

NACE primary	Agents in the wholesale of timber and building materials(46130)
Legal form	Private limited company(610)
Incorporation	18-07-2024
Status	Active
Postal code	8500

Establishment units 1 location

SDCOM

Kanonstraat(Kor) 59, 8500 KortrijkNon-specialised wholesale trade

since 20242.361.716.309

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34354C0014/00F004	Flanders	187 m²	1 · 187 m²	13.4 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 2 events

All 3Financial 1Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 31 days late

2025

31-12

Financial Liquidity doublescurrent ratio 2.22

Current ratio from 1.02 to 2.22; short-term debt falls from €30k to €29k.

28-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 28 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Agents in the wholesale of timber and building materials46130Agents in non-specialised wholesale trade46190

Names & trade names

Legal nameNL

SDCOM

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