SDD Projects
Annual accounts 2025
micro format, filed on 18-07-2026, 13 days before the deadline€292,939
▲ 22.4%
€287,823
▲ 22.7%
€261,778
▲ 36.9%
€585,231
▼ 16.9%
49.6%
▼ 12.3 percentage points
3.00
▼ 5.66
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €420,000. Estimated: probably between €350,000 and €730,000.
Balance sheet
balance sheet total €912,474 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
49.6%
Higher than 45% of 39,364 companies in 2025.
3.00
Higher than 63% of 38,048 companies in 2025.
28.7%
Higher than 70% of 38,520 companies in 2025.
SDD Projects
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
912,474 | 833,006 | 529,534 | 467,744 | 415,355 | 132,225 | 123,280 | 104,424 | 91,399 | 66,240 | |
21/28 |
34,453 | 36,432 | 30,513 | 8,308 | 4,209 | 5,293 | 3,620 | 5,288 | 925 | - | |
22/27 |
33,703 | 35,682 | 29,763 | 7,558 | 4,209 | 5,293 | 3,620 | 5,288 | 925 | - | |
22 |
2,515 | 2,939 | 3,364 | 3,788 | 1,613 | 1,882 | 267 | 356 | - | - | |
23 |
526 | 1,316 | 251 | 677 | 544 | - | - | 462 | 925 | - | |
24 |
30,662 | 31,427 | 26,149 | 3,094 | 2,052 | 3,411 | 3,352 | 4,470 | - | - | |
28 |
750 | 750 | 750 | 750 | - | - | - | - | - | - | |
29/58 |
878,021 | 796,574 | 499,021 | 459,436 | 411,146 | 126,932 | 119,660 | 99,136 | 90,474 | 66,240 | |
40/41 |
532,813 | 527,419 | 289,238 | 302,560 | 267,847 | 15,754 | 14,874 | 18,138 | 13,921 | 14,454 | |
40 |
28,792 | 27,419 | 39,238 | 52,560 | 17,847 | 12,335 | 12,357 | 13,831 | 12,821 | 12,742 | |
41 |
504,021 | 500,000 | 250,000 | 250,000 | 250,000 | 3,419 | 2,517 | 4,307 | 1,101 | 1,712 | |
50/53 |
290,910 | 160,325 | 90,782 | 91,228 | 91,555 | 104,162 | 92,000 | - | - | - | |
54/58 |
54,055 | 108,830 | 119,001 | 65,648 | 51,744 | 5,529 | 9,920 | 80,232 | 75,787 | 51,784 | |
490/1 |
243 | - | - | - | - | 1,487 | 2,866 | 766 | 766 | 1 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
912,474 | 833,006 | 529,534 | 467,744 | 415,355 | 132,225 | 123,280 | 104,424 | 91,399 | 66,240 | |
10/15 |
452,202 | 515,559 | 325,170 | 231,428 | 124,241 | 92,455 | 90,135 | 89,952 | 80,700 | 59,043 | |
10/11 |
25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | |
100 |
- | - | - | - | - | - | 25,000 | 25,000 | 25,000 | 25,000 | |
13 |
427,202 | 490,559 | 300,170 | 206,428 | 99,241 | 67,455 | 65,135 | 64,952 | 55,700 | 34,043 | |
130/1 |
- | - | - | 2,500 | 2,500 | 2,500 | - | - | - | - | |
130 |
- | - | - | - | - | - | 2,500 | 2,500 | 2,500 | 2,500 | |
1311 |
- | - | - | 2,500 | 2,500 | 2,500 | - | - | - | - | |
133 |
427,202 | 490,559 | 300,170 | 203,928 | 96,741 | 64,955 | 62,635 | 62,452 | 53,200 | 31,543 | |
17/49 |
460,271 | 317,447 | 204,364 | 236,316 | 291,114 | 39,770 | 33,145 | 14,472 | 10,698 | 7,197 | |
17 |
167,481 | 225,452 | 127,198 | 158,376 | 189,309 | - | - | - | - | - | |
170/4 |
167,481 | 225,452 | 127,198 | 158,376 | 189,309 | - | - | - | - | - | |
42/48 |
292,790 | 91,995 | 77,166 | 77,940 | 101,805 | 39,770 | 33,145 | 14,472 | 10,279 | 7,016 | |
42 |
57,527 | 54,548 | 31,178 | 30,934 | 30,691 | - | - | - | - | - | |
44 |
4,357 | 1,376 | 4,250 | 6,010 | 1,467 | 1,436 | 949 | 1,107 | - | - | |
440/4 |
4,357 | 1,376 | 4,250 | 6,010 | 1,467 | 1,436 | 949 | 1,107 | - | - | |
45 |
30,835 | 34,245 | 25,064 | 36,694 | 34,544 | 6,478 | 4,600 | 6,383 | 6,309 | 6,987 | |
450/3 |
30,835 | 34,245 | 25,064 | 36,694 | 34,544 | 6,478 | 4,600 | 6,383 | 6,309 | 6,987 | |
47/48 |
200,073 | 1,826 | 16,673 | 4,303 | 35,103 | 31,856 | 27,596 | 6,982 | 3,969 | 29 | |
492/3 |
- | - | - | - | - | - | - | - | 420 | 181 | |
| Income statement | |||||||||||
9900 |
292,939 | 239,373 | 126,922 | 114,524 | 47,584 | 10,365 | 5,716 | 17,708 | 58,659 | 58,071 | |
630 |
3,987 | 3,729 | 2,614 | 2,365 | 1,892 | 1,334 | 1,669 | 1,669 | 462 | - | |
640/8 |
1,129 | 1,073 | 870 | 1,189 | 1,124 | 2,686 | 977 | 1,032 | 22,548 | 1,123 | |
9901 |
287,823 | 234,571 | 123,439 | 110,971 | 44,568 | 6,345 | 3,070 | 15,008 | 35,648 | 56,948 | |
75/76B |
78,086 | 30,040 | 26,289 | 34,271 | 519 | 185 | 42 | - | 3 | - | |
75 |
78,086 | 30,040 | 26,289 | 34,271 | 519 | 185 | 42 | - | 3 | - | |
65/66B |
20,653 | 13,128 | 8,643 | 3,504 | 1,196 | 831 | 792 | 962 | 1,092 | 1,316 | |
65 |
20,653 | 13,128 | 8,643 | 3,504 | 1,196 | 831 | 792 | 962 | 1,092 | 1,316 | |
9903 |
345,257 | 251,483 | 141,085 | 141,737 | 43,892 | 5,699 | 2,320 | 14,045 | 34,560 | 55,632 | |
67/77 |
83,479 | 60,261 | 32,342 | 33,751 | 11,306 | 3,378 | 2,138 | 4,793 | 12,902 | 21,589 | |
9904 |
261,778 | 191,222 | 108,742 | 107,987 | 32,586 | 2,321 | 182 | 9,252 | 21,658 | 34,043 | |
9905 |
261,778 | 191,222 | 108,742 | 107,987 | 32,586 | 2,321 | 182 | 9,252 | 21,658 | 34,043 | |
| Appropriation of the result | |||||||||||
9906 |
261,778 | 191,222 | 108,742 | 107,987 | 32,586 | 2,321 | 182 | 9,252 | 21,658 | 34,043 | |
791/2 |
65,135 | - | - | - | - | - | - | - | - | - | |
691/2 |
1,778 | 190,389 | 93,742 | 107,187 | 31,786 | 2,321 | 182 | 9,252 | 21,658 | 34,043 | |
6920 |
- | - | - | - | - | - | - | - | - | 2,500 | |
6921 |
1,778 | 190,389 | 93,742 | 107,187 | 31,786 | 2,321 | 182 | 9,252 | 21,658 | 31,543 | |
694/7 |
325,135 | 833 | 15,000 | 800 | 800 | - | - | - | - | - | |
694 |
325,135 | 833 | 15,000 | 800 | 800 | - | - | - | - | - | |
| Document | |||||||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 18-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 18-07-2026 | 2026-00308684 | |
| 31-12-2024 | micro format | 17-08-2025 | 2025-00386892 | |
| 31-12-2023 | micro format | 08-08-2024 | 2024-00335852 | |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00181743 | |
| 31-12-2021 | micro format | 11-08-2022 | 2022-20283286 | |
| 31-12-2020 | micro format | 23-08-2021 | 2021-51500256 | |
| 31-12-2019 | micro format | 14-08-2020 | 2020-41200541 | |
| 31-12-2018 | micro format | 15-07-2019 | 2019-32700007 | |
| 31-12-2017 | micro format | 29-08-2018 | 2018-52600543 | |
| 31-12-2016 | abbreviated format | 31-07-2017 | 2017-39800554 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 291,810 | 238,299 | 126,053 | 113,336 | 46,460 | 7,679 | 4,739 | 16,676 | 36,110 | - | ||
| 265,765 | 194,950 | 111,356 | 110,352 | 34,478 | 3,654 | 1,851 | 10,921 | 22,120 | - | ||
| 2,007 | 9,648 | 24,819 | 6,464 | 808 | 3,007 | 0 | 6,033 | 1,387 | - | ||
| -54,775 | -10,171 | 53,352 | 13,904 | 46,214 | -4,391 | -70,311 | 4,445 | 24,002 | - | ||
| 585,231 | 704,578 | 421,855 | 381,495 | 309,341 | 87,162 | 86,515 | 84,664 | 80,195 | 59,224 | ||
| 49.6% | 61.9% | 61.4% | 49.5% | 29.9% | 69.9% | 73.1% | 86.1% | 88.3% | 89.1% | ||
| 3.00 | 8.66 | 6.47 | 5.89 | 4.04 | 3.19 | 3.61 | 6.85 | 8.80 | 9.44 | ||
| 1.02 | 0.62 | 0.63 | 1.02 | 2.34 | 0.43 | 0.37 | 0.16 | 0.13 | 0.12 | ||
| 57.9% | 37.1% | 33.4% | 46.7% | 26.2% | 2.5% | 0.2% | 10.3% | 26.8% | 57.7% | ||
| 28.7% | 23.0% | 20.5% | 23.1% | 7.8% | 1.8% | 0.1% | 8.9% | 23.7% | 51.4% | ||
| 14.13 | 18.15 | 14.58 | 32.34 | 38.85 | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,007 | €9,648 | €24,819 | €5,714 | €808 |
| Financial fixed assets | - | - | - | €750 | - |
| €3,987 | €3,729 | €2,614 | €2,365 | €1,892 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on SDD Projects
The operating result for 2025 is 23% higher than in 2024 and the highest since 2016. It is the sixth rise in a row, after the fall in 2019.
Debt's share of the balance-sheet total rises from 38.1% to 50.4%. Equity is lower and debt is higher.