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SDD-Tech

Active
Private limited companyfounded 2009active for 17 yearsVliegplein 68, 9991 Maldegem, BelgiumKBO/BCE: BE 0809.659.691
Summary

SDD-Tech has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €152,248 and a net result of €46,094. Equity remains stable across the filed financial years (±0.1% per year). Its solvency ranks better than 38% of 3,170 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€152,248▲ 43.4%
2024 · €106,153
Total assets
€572,013▲ 15.4%
2024 · €495,818
Net result
€46,094▲ 158%
2024 · €17,857
Working capital
-€81,944▲ 32.1%
2024 · -€120,693
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 70% above 2024 and is the highest result in the available series.

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

Operating result€82,489 2025 Net result€46,094 2025

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

Sector: the middle half of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles: 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
Line20182019202020212022202320242025
Operating result€54,855-€25,051▼ 54.3%€10,173▼ 59.4%€16,283▲ 60.1%€33,912▲ 108%€15,009▼ 55.7%€48,612▲ 224%€82,489▲ 69.7%
Net result€27,966-€648▼ 97.7%-€12,342below the sector's middle half-€5,806below the sector's middle half▲ 53.0%€11,917within the sector's middle half-€14,562below the sector's middle half€17,857within the sector's middle half€46,094above the sector's middle half▲ 158%
Equity€108,442-€109,089▲ 0.6%€96,747within the sector's middle half▼ 11.3%€90,941within the sector's middle half▼ 6.0%€102,858within the sector's middle half▲ 13.1%€88,296within the sector's middle half▼ 14.2%€106,153within the sector's middle half▲ 20.2%€152,248above the sector's middle half▲ 43.4%
Total assets€654,668-€599,899▼ 8.4%€598,673above the sector's middle half▼ 0.2%€599,973above the sector's middle half▲ 0.2%€562,444above the sector's middle half▼ 6.3%€518,447above the sector's middle half▼ 7.8%€495,818above the sector's middle half▼ 4.4%€572,013above the sector's middle half▲ 15.4%
Debt€546,226-€490,810▼ 10.1%€501,926▲ 2.3%€509,032▲ 1.4%€459,587▼ 9.7%€430,151▼ 6.4%€389,665▼ 9.4%€419,765▲ 7.7%
Working capital-€105,022--€109,596▼ 4.4%-€129,018below the sector's middle half▼ 17.7%-€138,010below the sector's middle half▼ 7.0%-€118,805below the sector's middle half▲ 13.9%-€135,259below the sector's middle half▼ 13.8%-€120,693below the sector's middle half▲ 10.8%-€81,944below the sector's middle half▲ 32.1%
Solvency16.6%-18.2%▲ 1.6pp16.2%within the sector's middle half▼ 2.0pp15.2%within the sector's middle half▼ 1.0pp18.3%within the sector's middle half▲ 3.1pp17.0%within the sector's middle half▼ 1.3pp21.4%within the sector's middle half▲ 4.4pp26.6%within the sector's middle half▲ 5.2pp
Current ratio0.55-0.45▼ 0.090.41below the sector's middle half▼ 0.050.48below the sector's middle half▲ 0.070.50below the sector's middle half▲ 0.020.43below the sector's middle half▼ 0.070.47below the sector's middle half▲ 0.040.72below the sector's middle half▲ 0.24
Return on assets (ROA)4.3%-0.1%▼ 4.2pp-2.1%below the sector's middle half▼ 2.2pp-1.0%within the sector's middle half▲ 1.1pp2.1%within the sector's middle half▲ 3.1pp-2.8%below the sector's middle half▼ 4.9pp3.6%within the sector's middle half▲ 6.4pp8.1%within the sector's middle half▲ 4.5pp
above within below the middle half of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles: 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 €572,013
Fixed assets €364,610 ▼ 6.0%
Current assets €207,403 ▲ 92.3%
Equity and liabilities €572,013
Equity €152,248 ▲ 43.4%
Debt €419,765 ▲ 7.7%
Debt's share of the balance-sheet total falls from 78.6% to 73.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€110,023▲
2024 · €77,928
Cash flow
€73,629▲
2024 · €47,173
Quick ratio
0.63▲
2024 · 0.33
Debt to equity
2.76▼
2024 · 3.67
ROE
30.3%▲
2024 · 16.8%
Interest coverage
4.65▲
2024 · 2.74
Debt ≤ 1 year
€289,347▲
2024 · €228,567
Debt > 1 year
€129,942▼
2024 · €159,922
Income taxes
€12,776▲
2024 · €1,925
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,609 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 96.8% are still going.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
2.1% stopped otherwise
96.8% still going

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,468 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% 1.0%
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 2,609 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 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€495,818€572,013▲
Fixed assets21/28€387,944€364,610▼
Tangible fixed assets22/27€387,824€364,490▼
Land and buildings22€378,017€358,901▼
Plant, machinery and equipment23€3,801€2,382▼
Furniture and vehicles24€1,983€3,207▲
Leasing and similar rights25€4,023-
Financial fixed assets28€120€120=
Current assets29/58€107,874€207,403▲
Stocks and contracts in progress3€33,066€25,714▼
Stocks30/36€33,066€25,714▼
Amounts receivable within one year40/41€54,154€115,080▲
Trade receivables40€54,131€115,057▲
Other amounts receivable41€23€23▲
Cash at bank and in hand54/58€15,114€60,037▲
Deferred charges and accrued income490/1€5,540€6,572▲
Equity and liabilities
Total equity and liabilities10/49€495,818€572,013▲
Equity10/15€106,153€152,248▲
Contributions10/11€20,460€18,600▼
Reserves13€85,693€133,648▲
Tax-exempt reserves132€26,264€26,264=
Distributable reserves133€59,430€107,384▲
Amounts payable17/49€389,665€419,765▲
Amounts payable after more than one year17€159,922€129,942▼
Financial debts170/4€159,922€129,942▼
Amounts payable within one year42/48€228,567€289,347▲
Current portion of amounts payable after more than one year42€32,076€29,206▼
Financial debts43€147,304€170,455▲
Credit institutions430/8€147,304€170,455▲
Trade debts44€21,248€33,930▲
Suppliers440/4€21,248€33,930▲
Advances received on contracts in progress46-€32,150
Taxes, remuneration and social security45€13,266€17,608▲
Taxes450/3€13,266€17,608▲
Other amounts payable47/48€14,674€5,998▼
Accrued charges and deferred income492/3€1,175€476▼
Income statement Code20242025
Non-recurring operating income76A-€1,000
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,316€27,535▼
Other operating charges640/8€5,028€5,420▲
Gross operating margin9900€82,956€115,443▲
Operating profit (loss)9901€48,612€82,489▲
Financial income75/76B€16€22▲
Recurring financial income75€16€22▲
Financial charges65/66B€28,846€23,640▼
Recurring financial charges65€28,427€23,640▼
Non-recurring financial charges66B€419€0▼
Profit (loss) for the period before taxes9903€19,782€58,871▲
Income taxes67/77€1,925€12,776▲
Profit (loss) for the period9904€17,857€46,094▲
Profit (loss) for the period to be appropriated9905€17,857€46,094▲
Appropriation of the result
Profit (loss) to be appropriated9906€17,857€46,094▲
Transfer to equity691/2€17,857€46,094▲
To other reserves6921€17,857€46,094▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-----€5-€1,000-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39,792€39,742€34,071€35,892€33,697€31,813€29,316€27,535▼ 6.1%
Other operating charges640/8---€5,032€4,732€4,034€5,028€5,420▲ 7.8%
Non-recurring operating charges66A----€742----
Gross operating margin9900€100,605€69,753€49,593€57,207€73,083€50,855€82,956€115,443▲ 39.2%
Operating profit (loss)9901€54,855€25,051€10,173€16,283€33,912€15,009€48,612€82,489▲ 69.7%
Financial income75/76B---€670€32€128€16€22▲ 34.2%
Recurring financial income75€1,147€1€0€65€1€128€16€22▲ 34.2%
Non-recurring financial income76B---€605€32----
Financial charges65/66B---€22,643€21,304€29,567€28,846€23,640▼ 18.0%
Recurring financial charges65€22,762€23,817€22,399€22,643€21,304€27,971€28,427€23,640▼ 16.8%
Non-recurring financial charges66B-----€1,596€419€0▼ 100.0%
Profit (loss) for the period before taxes9903€33,239€1,235-€12,226-€5,689€12,640-€14,430€19,782€58,871▲ 198%
Income taxes67/77€5,273€587€116€117€724€132€1,925€12,776▲ 564%
Profit (loss) for the period9904€27,966€648-€12,342-€5,806€11,917-€14,562€17,857€46,094▲ 158%
Profit (loss) for the period to be appropriated9905€27,966€648-€12,342-€5,806€11,917-€14,562€17,857€46,094▲ 158%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€654,668€599,899€598,673€599,973€562,444€518,447€495,818€572,013▲ 15.4%
Fixed assets21/28€528,441€509,037€510,179€474,287€445,378€416,510€387,944€364,610▼ 6.0%
Intangible fixed assets21€125--------
Tangible fixed assets22/27€528,196€508,917€510,059€474,167€445,258€416,390€387,824€364,490▼ 6.0%
Land and buildings22---€436,964€416,248€397,132€378,017€358,901▼ 5.1%
Plant, machinery and equipment23---€7,072€6,104€5,220€3,801€2,382▼ 37.3%
Furniture and vehicles24---€4,733€5,436€3,291€1,983€3,207▲ 61.7%
Leasing and similar rights25---€25,398€17,470€10,746€4,023--
Financial fixed assets28€120€120€120€120€120€120€120€120=
Current assets29/58€126,227€90,862€88,494€125,686€117,067€101,937€107,874€207,403▲ 92.3%
Stocks and contracts in progress3€36,261€37,101€40,576€43,678€37,394€38,760€33,066€25,714▼ 22.2%
Stocks30/36---€43,678€37,394€38,760€33,066€25,714▼ 22.2%
Amounts receivable within one year40/41€80,505€37,061€38,246€76,647€64,119€47,879€54,154€115,080▲ 113%
Trade receivables40---€76,517€62,829€47,756€54,131€115,057▲ 113%
Other amounts receivable41---€130€1,290€123€23€23▲ 0.4%
Cash at bank and in hand54/58€5,999€12,988€6,438€2,039€12,027€10,267€15,114€60,037▲ 297%
Deferred charges and accrued income490/1---€3,322€3,527€5,031€5,540€6,572▲ 18.6%
Equity and liabilities
Total equity and liabilities10/49€654,668€599,899€598,673€599,973€562,444€518,447€495,818€572,013▲ 15.4%
Equity10/15€108,442€109,089€96,747€90,941€102,858€88,296€106,153€152,248▲ 43.4%
Contributions10/11€18,600€18,600-€20,460€20,460€20,460€20,460€18,600▼ 9.1%
Reserves13€89,824€90,484€76,282€76,282€82,398€67,836€85,693€133,648▲ 56.0%
Tax-exempt reserves132---€26,264€26,264€26,264€26,264€26,264=
Distributable reserves133---€50,018€56,134€41,573€59,430€107,384▲ 80.7%
Profit (loss) carried forward14€18€6€6-€5,801-----
Amounts payable17/49€546,226€490,810€501,926€509,032€459,587€430,151€389,665€419,765▲ 7.7%
Amounts payable after more than one year17€314,704€290,078€284,135€245,052€222,700€191,863€159,922€129,942▼ 18.7%
Financial debts170/4---€245,052€222,700€191,863€159,922€129,942▼ 18.7%
Amounts payable within one year42/48€231,249€200,459€217,512€263,696€235,871€237,196€228,567€289,347▲ 26.6%
Current portion of amounts payable after more than one year42---€39,081€37,323€34,087€32,076€29,206▼ 8.9%
Financial debts43---€164,695€129,148€156,487€147,304€170,455▲ 15.7%
Credit institutions430/8---€164,695€129,148€156,487€147,304€170,455▲ 15.7%
Trade debts44€42,371€26,726€38,385€18,115€45,165€18,288€21,248€33,930▲ 59.7%
Suppliers440/4---€18,115€45,165€18,288€21,248€33,930▲ 59.7%
Advances received on contracts in progress46---€731€844--€32,150-
Taxes, remuneration and social security45---€16,187€8,882€10,943€13,266€17,608▲ 32.7%
Taxes450/3---€16,187€8,882€10,943€13,266€17,608▲ 32.7%
Other amounts payable47/48---€24,888€14,510€17,390€14,674€5,998▼ 59.1%
Accrued charges and deferred income492/3---€284€1,015€1,093€1,175€476▼ 59.5%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€27,966€648-€12,342-€5,806€11,917-€14,562€17,857€46,094▲ 158%
+ Depreciation and write-downs630€39,792€39,742€34,071€35,892€33,697€31,813€29,316€27,535▼ 6.1%
Operating cash flow (approximation)€67,758€40,389€21,729€30,085€45,614€17,251€47,173€73,629▲ 56.1%
Investment in fixed assets (approximation)--€20,338-€35,213€0-€4,788-€2,945-€750-€4,201▼ 460%
Change in cash-€6,988-€6,550-€4,398€9,988-€1,760€4,847€44,923▲ 827%

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

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 24-06-2026 2026-00209480
31-12-2024 micro format 27-06-2025 2025-00187305
31-12-2023 micro format 26-08-2024 2024-00367495
31-12-2022 micro format 04-07-2023 2023-00206835
31-12-2021 micro format 23-06-2022 2022-20084252
31-12-2020 micro format 30-06-2021 2021-27500553
31-12-2019 micro format 25-06-2020 2020-20500298
31-12-2018 micro format 03-07-2019 2019-27700307
31-12-2017 micro format 13-06-2018 2018-18300117
31-12-2016 micro format 28-06-2017 2017-23300398

Show all 17 filings

Similar companies · same sector, comparable size

Of the 488 active companies whose main activity is repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95312), figures are known for 266. 198 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2023 · 2 entries · €4,000 awarded · €4,000 paid
Year Entries AwardedPaid
2023 1 €2,000€2,000
2022 1 €2,000€2,000
Schemes
2 entries · €4,000 · €4,000 paid · Fonds voor Innoveren en Ondernemen

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