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SDCOM

Active
Private limited companyfounded 2024active for 2 yearsKanonstraat(Kor) 59, 8500 Kortrijk, BelgiumKBO/BCE: BE 1011.742.761
Summary

SDCOM has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76,377 and a net result of €55,221. Its solvency ranks better than 76% of 13,639 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Agents in the wholesale of timber and building materials
NACE 46130
1 site
Size
€105,286total assets 2025
Equity
€76,377
Profit
€55,221
Turnover not published (micro format)
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
2025 accounts filed 31 days late
Why 69raises riskFounded in 2024Size: total assets €105,286Last filed accounts filed 31 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 2.22, cash €20,840Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 85% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Strong
Solvency 98+43
equity 72.5% of total assets
Liquidity 64+20
short-term debt 27.5% · cash 19.8%
Profitability 100=
return on assets 52.4%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,883 companies, NACE 46, micro)
Last 24 months 08-2025: 1.6% 09-2025: 1.6%● unchanged vs 08-2025 10-2025: 1.6%● unchanged vs 09-2025 11-2025: 1.8%▲ +0.2 percentage points vs 10-2025 12-2025: 1.9%▲ +0.1 percentage points vs 11-2025 01-2026: 2.0%▲ +0.1 percentage points vs 12-2025 02-2026: 2.1%▲ +0.1 percentage points vs 01-2026 03-2026: 2.1%● unchanged vs 02-2026 04-2026: 2.2%▲ +0.1 percentage points vs 03-2026 05-2026: 2.2%● unchanged vs 04-2026 06-2026: 2.2%● unchanged vs 05-2026 07-2026: 2.4%▲ +0.2 percentage points vs 06-2026 08-2026: 3.2%▲ +0.8 percentage points vs 07-2026highest value 09-2026: 1.0%▼ -2.2 percentage points vs 08-2026lowest value 10-2026: 1.0%● unchanged vs 09-2026lowest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.22, compared with 1.02 in 2024, above the usual 1.5; short-term debt: 27.5% and cash: 19.8% of total assets), and 27.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 77% on solvency, 70% on liquidity, 95% on profitability and 97% on growth.

The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 2.22, cash €20,840
NBB · annual accounts
raises risk · Size: total assets €105,286
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 late
NBB · filings
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
31 days late
2024
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 30 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Liquidity more than doubledcurrent ratio 2.22
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00472483.

Equity
€76,377▲ 247%
2024 · €21,989
Total assets
€105,286▲ 41.6%
2024 · €74,349
Net result
€55,221▲ 153%
2024 · €21,822
Working capital
€35,252▲ 50×
2024 · €701
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is 153% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€71,084 2025 Net result€55,221 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€28,107-€71,084▲ 153%
Net result€21,822within the sector's middle half-€55,221above the sector's middle half▲ 153%
Equity€21,989within the sector's middle half-€76,377within the sector's middle half▲ 247%
Total assets€74,349within the sector's middle half-€105,286within the sector's middle half▲ 41.6%
Debt€52,360-€28,909▼ 44.8%
Working capital€701within the sector's middle half-€35,252within the sector's middle half▲ 50×
Solvency29.6%within the sector's middle half-72.5%above the sector's middle half▲ 43.0pp
Current ratio1.02within the sector's middle half-2.22within the sector's middle half▲ 1.20
Return on assets (ROA)29.4%above the sector's middle half-52.4%above the sector's middle half▲ 23.1pp
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €105,286
Fixed assets €41,125 ▼ 5.9%
Current assets €64,161 ▲ 110%
Equity and liabilities €105,286
Equity €76,377 ▲ 247%
Debt €28,909 ▼ 44.8%
Debt's share of the balance-sheet total falls from 70.4% to 27.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€81,207▲
2024 · €31,356
Cash flow
€65,345▲
2024 · €25,071
Debt to equity
0.38▼
2024 · 2.38
ROE
72.3%▼
2024 · 99.2%
Interest coverage
44.89▲
2024 · 40.45
Debt ≤ 1 year
€28,909▼
2024 · €29,923
Income taxes
€14,145▲
2024 · €5,510
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€74,349€105,286▲
Fixed assets21/28€43,726€41,125▼
Tangible fixed assets22/27€43,326€41,125▼
Furniture and vehicles24€43,326€41,125▼
Financial fixed assets28€400-
Current assets29/58€30,624€64,161▲
Amounts receivable within one year40/41€23,006€43,321▲
Trade receivables40€22,990€37,807▲
Other amounts receivable41€16€5,514▲
Cash at bank and in hand54/58€7,618€20,840▲
Equity and liabilities
Total equity and liabilities10/49€74,349€105,286▲
Equity10/15€21,989€76,377▲
Contributions10/11€1,000€1,000=
Reserves13€20,989€75,377▲
Distributable reserves133€20,989€75,377▲
Amounts payable17/49€52,360€28,909▼
Amounts payable after more than one year17€22,366-
Financial debts170/4€22,366-
Amounts payable within one year42/48€29,923€28,909▼
Current portion of amounts payable after more than one year42€11,854-
Trade debts44€1,773€765▼
Suppliers440/4€1,773€765▼
Taxes, remuneration and social security45€15,463€27,311▲
Taxes450/3€15,463€27,311▲
Other amounts payable47/48€833€833=
Accrued charges and deferred income492/3€71-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,249€10,123▲
Other operating charges640/8€623€717▲
Gross operating margin9900€31,979€81,925▲
Operating profit (loss)9901€28,107€71,084▲
Financial income75/76B-€91
Recurring financial income75-€91
Financial charges65/66B€775€1,809▲
Recurring financial charges65€775€1,809▲
Profit (loss) for the period before taxes9903€27,332€69,366▲
Income taxes67/77€5,510€14,145▲
Profit (loss) for the period9904€21,822€55,221▲
Profit (loss) for the period to be appropriated9905€21,822€55,221▲
Appropriation of the result
Profit (loss) to be appropriated9906€21,822€55,221▲
Transfer to equity691/2€20,989€54,388▲
To other reserves6921€20,989€54,388▲
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,249€10,123▲ 212%
Other operating charges640/8€623€717▲ 15.1%
Gross operating margin9900€31,979€81,925▲ 156%
Operating profit (loss)9901€28,107€71,084▲ 153%
Financial income75/76B-€91-
Recurring financial income75-€91-
Financial charges65/66B€775€1,809▲ 133%
Recurring financial charges65€775€1,809▲ 133%
Profit (loss) for the period before taxes9903€27,332€69,366▲ 154%
Income taxes67/77€5,510€14,145▲ 157%
Profit (loss) for the period9904€21,822€55,221▲ 153%
Profit (loss) for the period to be appropriated9905€21,822€55,221▲ 153%
Line20242025Change
Assets
Total assets20/58€74,349€105,286▲ 41.6%
Fixed assets21/28€43,726€41,125▼ 5.9%
Tangible fixed assets22/27€43,326€41,125▼ 5.1%
Furniture and vehicles24€43,326€41,125▼ 5.1%
Financial fixed assets28€400--
Current assets29/58€30,624€64,161▲ 110%
Amounts receivable within one year40/41€23,006€43,321▲ 88.3%
Trade receivables40€22,990€37,807▲ 64.4%
Other amounts receivable41€16€5,514▲ 349×
Cash at bank and in hand54/58€7,618€20,840▲ 174%
Equity and liabilities
Total equity and liabilities10/49€74,349€105,286▲ 41.6%
Equity10/15€21,989€76,377▲ 247%
Contributions10/11€1,000€1,000=
Reserves13€20,989€75,377▲ 259%
Distributable reserves133€20,989€75,377▲ 259%
Amounts payable17/49€52,360€28,909▼ 44.8%
Amounts payable after more than one year17€22,366--
Financial debts170/4€22,366--
Amounts payable within one year42/48€29,923€28,909▼ 3.4%
Current portion of amounts payable after more than one year42€11,854--
Trade debts44€1,773€765▼ 56.9%
Suppliers440/4€1,773€765▼ 56.9%
Taxes, remuneration and social security45€15,463€27,311▲ 76.6%
Taxes450/3€15,463€27,311▲ 76.6%
Other amounts payable47/48€833€833=
Accrued charges and deferred income492/3€71--
Line20242025Change
Profit (loss) for the period9904€21,822€55,221▲ 153%
+ Depreciation and write-downs630€3,249€10,123▲ 212%
Operating cash flow (approximation)€25,071€65,345▲ 161%
Investment in fixed assets (approximation)--€7,523-
Change in cash-€13,222-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00472483
31-12-2024 micro format 28-08-2025 2025-00417824

Similar companies · same sector, comparable size

Of the 1,110 active companies whose main activity is agents in the wholesale of timber and building materials (NACE 46130), figures are known for 653. 511 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
DIKOMITIS Simeon Roland
Director (not named in the articles) · since 22-07-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
DIKOMITIS Simeon Roland
  • Director (not named in the articles), from 22-07-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 22-07-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 22-07-2024 Incorporation · €1,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 18 July 2024, SDCOM was incorporated as a private limited company by one natural person, with a starting capital of €1,000.12 DIKOMITIS Simeon Roland has served as director of the company since 2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 22-07-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 31 days late
2025
31-12
Financial Liquidity more than doubledcurrent ratio 2.22
Current ratio from 1.02 to 2.22; short-term debt falls from €29,923 to €28,909.
28-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 28 days late
2024
22-07
Gazette deed Incorporation
Appointment: DIKOMITIS Simeon Roland (director) · Founder · Founding capital8 facts ▸
  • Incorporation, “SDCOM” (deed in Dutch)
  • Founder, DIKOMITIS Simeon Roland
  • Founding capital, €1,000
  • Bank account, “bijzondere bankrekening op naam van de vennootschap in oprichting, deponering aanvangsvermogen” (deed in Dutch)
  • Board rule, 1, “algemene vergadering” (deed in Dutch)
  • Director appointment, DIKOMITIS Simeon Roland (director (not named in the articles))
  • Declaration, “beroepsverbod, geen beroepsverbod uitgesproken” (deed in Dutch)
  • Pre-incorporation commitments, “takeover, alle verbintenissen en daaruit voortvloeiende verplichtingen en alle activiteiten ondernomen in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded18-07-2024
Financial year end31-12
Activities, NACEBEL 2025
46130Agents in the wholesale of timber and building materials
46190Agents in non-specialised wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011742761
Also 9925:BE1011742761
Registered 02-06-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 25 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
187 m²
Building footprint
187 m²
Building volume
1,330 m³
Parcel 34354C0014/00F004, Flanders · tallest building 13.4 m. Linked by address, not a title deed.
1 establishment unit
SDCOM
Kanonstraat(Kor) 59, 8500 KortrijkAgents in the wholesale of timber and building materials
since 2024unit no. 2.361.716.309
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
34354C0014/00F004 Flanders 187 m² 1 · 187 m² 13.4 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
SDCOM
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, 8500 Kortrijk, Kanonstraat 59” (deed in Dutch)

deed of 22-07-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Aantal, duur opdracht en bij meerdere bestuurders bevoegdheid, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder” (deed in Dutch)

deed of 22-07-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of June

deed of 22-07-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Toegezonden voorstel kan bepalen dat goedkeuring op zetel moet toekomen vóór welbepaalde datum om in aanmerking te komen voor geldige…” (deed in Dutch)
Other provision: “Deelname op afstand aan algemene vergadering, door vennootschap ter beschikking gesteld elektronisch communicatiemiddel” (deed in Dutch)
Other provision: “Oproepingen algemene vergadering, e-mail aan aandeelhouders,bestuurders,houders converteerbare obligaties op naam,inschrijvingsrechten op…” (deed in Dutch)
Other provision: “Schriftelijk besluit bijzondere algemene vergadering-datering,verklaring en goedkeuringswijze, één of meerdere goedgekeurde voorstellen” (deed in Dutch)
8 more provisions in the deed, see the deed of 22-07-2024

deed of 22-07-2024