SDD Projects
ActiveSummary
SDD Projects has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €452k and a net result of €262k. Equity is growing by ~35.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+3
Solvency75▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.0 against 8.66 in 2024; short-term debt: 32.1% and cash: 5.9% of total assets), but 50.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.6%
Return on assets
28.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-07-2026, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
13 d early
2024
17 d late
2023
8 d late
2022
31 d early
2021
11 d late
2020
23 d late
2019
14 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€452k▼ 12.3%
2024 · €516k
2018: €90klowest in 8 years
2019: €90k▲ +0.2% vs 2018
2020: €92k▲ +2.6% vs 2019
2021: €124k▲ +34.4% vs 2020
2022: €231k▲ +86.3% vs 2021
2023: €325k▲ +40.5% vs 2022
2024: €516k▲ +58.6% vs 2023highest in 8 years
2025: €452k▼ -12.3% vs 2024
2018 → 2025
Total assets
€912k▲ 9.5%
2024 · €833k
2018: €104klowest in 8 years
2019: €123k▲ +18.1% vs 2018
2020: €132k▲ +7.3% vs 2019
2021: €415k▲ +214% vs 2020
2022: €468k▲ +12.6% vs 2021
2023: €530k▲ +13.2% vs 2022
2024: €833k▲ +57.3% vs 2023
2025: €912k▲ +9.5% vs 2024highest in 8 years
2018 → 2025
Net result
€262k▲ 36.9%
2024 · €191k
2018: €9k
2019: €182▼ -98.0% vs 2018lowest in 8 years
2020: €2k▲ +1174% vs 2019
2021: €33k▲ +1304% vs 2020
2022: €108k▲ +231% vs 2021
2023: €109k▲ +0.7% vs 2022
2024: €191k▲ +75.8% vs 2023
2025: €262k▲ +36.9% vs 2024highest in 8 years
2018 → 2025
Working capital
€585k▼ 16.9%
2024 · €705k
2018: €85klowest in 8 years
2019: €87k▲ +2.2% vs 2018
2020: €87k▲ +0.7% vs 2019
2021: €309k▲ +255% vs 2020
2022: €381k▲ +23.3% vs 2021
2023: €422k▲ +10.6% vs 2022
2024: €705k▲ +67.0% vs 2023highest in 8 years
2025: €585k▼ -16.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€124k-€231k▲ 86.3%€325k▲ 40.5%€516k▲ 58.6%€452k▼ 12.3%
2021: €124klowest in 5 years
2022: €231k▲ +86.3% vs 2021
2023: €325k▲ +40.5% vs 2022
2024: €516k▲ +58.6% vs 2023highest in 5 years
2025: €452k▼ -12.3% vs 2024
Operating result€45k-€111k▲ 149%€123k▲ 11.2%€235k▲ 90.0%€288k▲ 22.7%
2021: €45klowest in 5 years
2022: €111k▲ +149% vs 2021
2023: €123k▲ +11.2% vs 2022
2024: €235k▲ +90.0% vs 2023
2025: €288k▲ +22.7% vs 2024highest in 5 years
Net result€33k-€108k▲ 231%€109k▲ 0.7%€191k▲ 75.8%€262k▲ 36.9%
2021: €33klowest in 5 years
2022: €108k▲ +231% vs 2021
2023: €109k▲ +0.7% vs 2022
2024: €191k▲ +75.8% vs 2023
2025: €262k▲ +36.9% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 23% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €912k
Fixed assets
€34k ▼ 5.4%
Current assets
€878k ▲ 10.2%
Equity and liabilities €912k
Equity
€452k ▼ 12.3%
Debt
€460k ▲ 45.0%
Debt's share of the balance-sheet total rises from 38.1% to 50.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€292k▲
2024 · €238k
Cash flow
€266k▲
2024 · €195k
Current ratio
3.00▼
2024 · 8.66
Debt to equity
1.02▲
2024 · 0.62
ROE
57.9%▲
2024 · 37.1%
ROA
28.7%▲
2024 · 23.0%
Interest coverage
14.13▼
2024 · 18.15
Debt ≤ 1 year
€293k▲
2024 · €92k
Debt > 1 year
€167k▼
2024 · €225k
Income taxes
€83k▲
2024 · €60k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€833k€912k▲
Fixed assets21/28€36k€34k▼
Tangible fixed assets22/27€36k€34k▼
Land and buildings22€3k€3k▼
Plant, machinery and equipment23€1k€526▼
Furniture and vehicles24€31k€31k▼
Financial fixed assets28€750€750=
Current assets29/58€797k€878k▲
Amounts receivable within one year40/41€527k€533k▲
Trade receivables40€27k€29k▲
Other amounts receivable41€500k€504k▲
Current investments50/53€160k€291k▲
Cash at bank and in hand54/58€109k€54k▼
Deferred charges and accrued income490/1-€243
Equity and liabilities
Total equity and liabilities10/49€833k€912k▲
Equity10/15€516k€452k▼
Contributions10/11€25k€25k=
Reserves13€491k€427k▼
Distributable reserves133€491k€427k▼
Amounts payable17/49€317k€460k▲
Amounts payable after more than one year17€225k€167k▼
Financial debts170/4€225k€167k▼
Amounts payable within one year42/48€92k€293k▲
Current portion of amounts payable after more than one year42€55k€58k▲
Trade debts44€1k€4k▲
Suppliers440/4€1k€4k▲
Taxes, remuneration and social security45€34k€31k▼
Taxes450/3€34k€31k▼
Other amounts payable47/48€2k€200k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€239k€293k▲
Operating profit (loss)9901€235k€288k▲
Financial income75/76B€30k€78k▲
Recurring financial income75€30k€78k▲
Financial charges65/66B€13k€21k▲
Recurring financial charges65€13k€21k▲
Profit (loss) for the period before taxes9903€251k€345k▲
Income taxes67/77€60k€83k▲
Profit (loss) for the period9904€191k€262k▲
Profit (loss) for the period to be appropriated9905€191k€262k▲
Appropriation of the result
Profit (loss) to be appropriated9906€191k€262k▲
Transfer from equity791/2-€65k
Transfer to equity691/2€190k€2k▼
To other reserves6921€190k€2k▼
Profit to be distributed694/7€833€325k▲
Return on contributions (dividend)694€833€325k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €3k | €4k | €4k | ▲ 6.9% |
| Other operating charges640/8 | €1k | €1k | €870 | €1k | €1k | ▲ 5.2% |
| Gross operating margin9900 | €48k | €115k | €127k | €239k | €293k | ▲ 22.4% |
| Operating profit (loss)9901 | €45k | €111k | €123k | €235k | €288k | ▲ 22.7% |
| Financial income75/76B | €519 | €34k | €26k | €30k | €78k | ▲ 160% |
| Recurring financial income75 | €519 | €34k | €26k | €30k | €78k | ▲ 160% |
| Financial charges65/66B | €1k | €4k | €9k | €13k | €21k | ▲ 57.3% |
| Recurring financial charges65 | €1k | €4k | €9k | €13k | €21k | ▲ 57.3% |
| Profit (loss) for the period before taxes9903 | €44k | €142k | €141k | €251k | €345k | ▲ 37.3% |
| Income taxes67/77 | €11k | €34k | €32k | €60k | €83k | ▲ 38.5% |
| Profit (loss) for the period9904 | €33k | €108k | €109k | €191k | €262k | ▲ 36.9% |
| Profit (loss) for the period to be appropriated9905 | €33k | €108k | €109k | €191k | €262k | ▲ 36.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €415k | €468k | €530k | €833k | €912k | ▲ 9.5% |
| Fixed assets21/28 | €4k | €8k | €31k | €36k | €34k | ▼ 5.4% |
| Tangible fixed assets22/27 | €4k | €8k | €30k | €36k | €34k | ▼ 5.5% |
| Land and buildings22 | €2k | €4k | €3k | €3k | €3k | ▼ 14.4% |
| Plant, machinery and equipment23 | €544 | €677 | €251 | €1k | €526 | ▼ 60.0% |
| Furniture and vehicles24 | €2k | €3k | €26k | €31k | €31k | ▼ 2.4% |
| Financial fixed assets28 | - | €750 | €750 | €750 | €750 | = |
| Current assets29/58 | €411k | €459k | €499k | €797k | €878k | ▲ 10.2% |
| Amounts receivable within one year40/41 | €268k | €303k | €289k | €527k | €533k | ▲ 1.0% |
| Trade receivables40 | €18k | €53k | €39k | €27k | €29k | ▲ 5.0% |
| Other amounts receivable41 | €250k | €250k | €250k | €500k | €504k | ▲ 0.8% |
| Current investments50/53 | €92k | €91k | €91k | €160k | €291k | ▲ 81.5% |
| Cash at bank and in hand54/58 | €52k | €66k | €119k | €109k | €54k | ▼ 50.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €243 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €415k | €468k | €530k | €833k | €912k | ▲ 9.5% |
| Equity10/15 | €124k | €231k | €325k | €516k | €452k | ▼ 12.3% |
| Contributions10/11 | €25k | €25k | €25k | €25k | €25k | = |
| Reserves13 | €99k | €206k | €300k | €491k | €427k | ▼ 12.9% |
| Non-distributable reserves130/1 | €3k | €3k | - | - | - | - |
| Reserves not available under the articles1311 | €3k | €3k | - | - | - | - |
| Distributable reserves133 | €97k | €204k | €300k | €491k | €427k | ▼ 12.9% |
| Amounts payable17/49 | €291k | €236k | €204k | €317k | €460k | ▲ 45.0% |
| Amounts payable after more than one year17 | €189k | €158k | €127k | €225k | €167k | ▼ 25.7% |
| Financial debts170/4 | €189k | €158k | €127k | €225k | €167k | ▼ 25.7% |
| Amounts payable within one year42/48 | €102k | €78k | €77k | €92k | €293k | ▲ 218% |
| Current portion of amounts payable after more than one year42 | €31k | €31k | €31k | €55k | €58k | ▲ 5.5% |
| Trade debts44 | €1k | €6k | €4k | €1k | €4k | ▲ 217% |
| Suppliers440/4 | €1k | €6k | €4k | €1k | €4k | ▲ 217% |
| Taxes, remuneration and social security45 | €35k | €37k | €25k | €34k | €31k | ▼ 10.0% |
| Taxes450/3 | €35k | €37k | €25k | €34k | €31k | ▼ 10.0% |
| Other amounts payable47/48 | €35k | €4k | €17k | €2k | €200k | ▲ 10,855% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33k | €108k | €109k | €191k | €262k | ▲ 36.9% |
| + Depreciation and write-downs630 | €2k | €2k | €3k | €4k | €4k | ▲ 6.9% |
| Operating cash flow (approximation) | €34k | €110k | €111k | €195k | €266k | ▲ 36.3% |
| Investment in fixed assets (approximation) | - | €-6k | €-25k | €-10k | €-2k | ▲ 79.2% |
| Change in cash | - | €14k | €53k | €-10k | €-55k | ▼ 439% |
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
Next filing, fiscal year 2026, expected by
2026
18-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €262k ▲36.9%
Operating result €288k, net result €262k, both a record.
17-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 17 days late
2024
31-12
Financial
Equity above €500kEq €516k ▲58.6%
7 profitable years in a row build equity to €516k.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €231k ▲86.3%
5 profitable years in a row build equity to €231k.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
31-12
Financial
Equity above €100kEq €124k ▲34.4%
4 profitable years in a row build equity to €124k.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
31-12
Financial
Weakest financial yearnet €182 ▼98%
Net result drops to €182, the lowest in the series; recovery starts the following year.
Show earlier events
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Schilde · 1 establishment unit since 2015
Ground area
902 m²
Building footprint
113 m²
Volume, LiDAR
2,248 m³
Parcel 11922C0102/00E003, Flanders · tallest building 25.3 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
/
since 20152.246.334.413
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11922C0102/00E003 | Flanders | 902 m² | 1 · 113 m² | 25.3 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 35,446 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
Founded09-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.