SDF CASA
ActiveSummary
SDF CASA has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €-2k. Equity is shrinking by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 32% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability36▼-29
Solvency35▼-1
Growth49=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.01 in 2024; short-term debt: 89.5% and cash: 1.1% of total assets), and 90.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9.8%
Return on assets
-0.8%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 04-11-2025, 88 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
88 d early
2024
88 d early
2023
90 d early
2022
67 d early
2021
76 d early
2020
74 d early
2019
73 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€9k=
2024 · €9k
2023: €9khighest in 3 years
2024: €9k● 0.0% vs 2023highest in 3 years
2025: €9k● 0.0% vs 2024highest in 3 years
2023 → 2025
EBIT margin
-17.4%▼ 12.3pp
2024 · -5.1%
2023: -69.8%lowest in 3 years
2024: -5.1%▲ +92.7% vs 2023highest in 3 years
2025: -17.4%▼ -239% vs 2024
2023 → 2025
Net result
€-2k▼ 206%
2024 · €-526
2019: €-3k
2020: €-1k▲ +59.4% vs 2019
2021: €-6k▼ -432% vs 2020
2022: €-18k▼ -189% vs 2021lowest in 7 years
2023: €-6k▲ +64.5% vs 2022
2024: €-526▲ +91.7% vs 2023highest in 7 years
2025: €-2k▼ -206% vs 2024
2019 → 2025
Working capital
€-180k▼ 0.9%
2024 · €-178k
2019: €-164k
2020: €-161k▲ +1.7% vs 2019highest in 7 years
2021: €-163k▼ -1.4% vs 2020
2022: €-177k▼ -8.5% vs 2021
2023: €-179k▼ -1.3% vs 2022
2024: €-178k▲ +0.4% vs 2023
2025: €-180k▼ -0.9% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€9k€9k=€9k=
2023: €9khighest in 3 years
2024: €9k● 0.0% vs 2023highest in 3 years
2025: €9k● 0.0% vs 2024highest in 3 years
Equity€46k-€28k▼ 38.5%€22k▼ 22.3%€22k▼ 2.4%€20k▼ 7.5%
2021: €46khighest in 5 years
2022: €28k▼ -38.5% vs 2021
2023: €22k▼ -22.3% vs 2022
2024: €22k▼ -2.4% vs 2023
2025: €20k▼ -7.5% vs 2024lowest in 5 years
Operating result€-6k-€-18k▼ 190%€-6k▲ 64.6%€-461▲ 92.7%€-2k▼ 239%
2021: €-6k
2022: €-18k▼ -190% vs 2021lowest in 5 years
2023: €-6k▲ +64.6% vs 2022
2024: €-461▲ +92.7% vs 2023highest in 5 years
2025: €-2k▼ -239% vs 2024
Net result€-6k-€-18k▼ 189%€-6k▲ 64.5%€-526▲ 91.7%€-2k▼ 206%
2021: €-6k
2022: €-18k▼ -189% vs 2021lowest in 5 years
2023: €-6k▲ +64.5% vs 2022
2024: €-526▲ +91.7% vs 2023highest in 5 years
2025: €-2k▼ -206% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €461 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €204k
Fixed assets
€201k =
Current assets
€2k ▲ 95.8%
Equity and liabilities €204k
Equity
€20k ▼ 7.5%
Debt
€184k ▲ 1.5%
Debt's share of the balance-sheet total rises from 89.3% to 90.2%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.01▲
2024 · 0.01
Debt to equity
9.20▲
2024 · 8.39
ROE
-8.1%▼
2024 · -2.4%
ROA
-0.8%▼
2024 · -0.3%
Debt ≤ 1 year
€182k▲
2024 · €179k
Debt > 1 year
€2k=
2024 · €2k
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 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€203k€204k▲
Fixed assets21/28€201k€201k=
Intangible fixed assets21-€0
Tangible fixed assets22/27€201k€201k=
Land and buildings22€201k€201k=
Financial fixed assets28-€0
Current assets29/58€1k€2k▲
Amounts receivable within one year40/41€3€3=
Other amounts receivable41€3€3=
Cash at bank and in hand54/58€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€203k€204k▲
Equity10/15€22k€20k▼
Contributions10/11€31k€31k=
Revaluation surpluses12€153k€153k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€-165k€-167k▼
Amounts payable17/49€181k€184k▲
Amounts payable after more than one year17€2k€2k=
Financial debts170/4€2k€2k=
Amounts payable within one year42/48€179k€182k▲
Current portion of amounts payable after more than one year42€179k€182k▲
Income statement
Code20242025
Turnover70€9k€9k=
Goods, raw materials, services and sundry goods60/61€8k€10k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k-
Other operating charges640/8€448€392▼
Gross operating margin9900€1k€-1k▼
Operating profit (loss)9901€-461€-2k▼
Financial charges65/66B€65€45▼
Recurring financial charges65€65€45▼
Profit (loss) for the period before taxes9903€-526€-2k▼
Profit (loss) for the period9904€-526€-2k▼
Profit (loss) for the period to be appropriated9905€-526€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-165k€-167k▼
Profit (loss) brought forward from the previous period14P€-165k€-165k▼
The notes to these accounts (5 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 |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €9k | €9k | €9k | = |
| Goods, raw materials, services and sundry goods60/61 | - | - | €9k | €8k | €10k | ▲ 32.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €4k | €4k | €1k | - | - |
| Other operating charges640/8 | - | €402 | €2k | €448 | €392 | ▼ 12.5% |
| Gross operating margin9900 | €-2k | €-13k | €-278 | €1k | €-1k | ▼ 190% |
| Operating profit (loss)9901 | €-6k | €-18k | €-6k | €-461 | €-2k | ▼ 239% |
| Financial charges65/66B | - | €45 | €45 | €65 | €45 | ▼ 30.8% |
| Recurring financial charges65 | €45 | €45 | €45 | €65 | €45 | ▼ 30.8% |
| Profit (loss) for the period before taxes9903 | €-6k | €-18k | €-6k | €-526 | €-2k | ▼ 206% |
| Profit (loss) for the period9904 | €-6k | €-18k | €-6k | €-526 | €-2k | ▼ 206% |
| Profit (loss) for the period to be appropriated9905 | €-6k | €-18k | €-6k | €-526 | €-2k | ▼ 206% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €213k | €208k | €205k | €203k | €204k | ▲ 0.5% |
| Fixed assets21/28 | €211k | €207k | €203k | €201k | €201k | = |
| Intangible fixed assets21 | - | - | - | - | €0 | - |
| Tangible fixed assets22/27 | €211k | €207k | €203k | €201k | €201k | = |
| Land and buildings22 | - | €207k | €203k | €201k | €201k | = |
| Financial fixed assets28 | - | - | - | - | €0 | - |
| Current assets29/58 | €2k | €2k | €2k | €1k | €2k | ▲ 95.8% |
| Amounts receivable within one year40/41 | €3 | €3 | €3 | €3 | €3 | = |
| Other amounts receivable41 | - | €3 | €3 | €3 | €3 | = |
| Cash at bank and in hand54/58 | €2k | €2k | €2k | €1k | €2k | ▲ 96.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €213k | €208k | €205k | €203k | €204k | ▲ 0.5% |
| Equity10/15 | €46k | €28k | €22k | €22k | €20k | ▼ 7.5% |
| Contributions10/11 | €31k | €31k | €31k | €31k | €31k | = |
| Capital10 | - | €31k | - | - | - | - |
| Issued capital100 | - | €31k | - | - | - | - |
| Revaluation surpluses12 | - | €153k | €153k | €153k | €153k | = |
| Reserves13 | €3k | €3k | €3k | €3k | €3k | = |
| Non-distributable reserves130/1 | - | €3k | €3k | €3k | €3k | = |
| Legal reserve130 | - | €3k | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €-141k | €-158k | €-165k | €-165k | €-167k | ▼ 1.0% |
| Amounts payable17/49 | €167k | €180k | €183k | €181k | €184k | ▲ 1.5% |
| Amounts payable after more than one year17 | €2k | €2k | €2k | €2k | €2k | = |
| Financial debts170/4 | - | €2k | €2k | €2k | €2k | = |
| Amounts payable within one year42/48 | €165k | €178k | €181k | €179k | €182k | ▲ 1.5% |
| Current portion of amounts payable after more than one year42 | - | - | €181k | €179k | €182k | ▲ 1.5% |
| Financial debts43 | - | €178k | - | - | - | - |
| Other loans439 | - | €178k | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-6k | €-18k | €-6k | €-526 | €-2k | ▼ 206% |
| + Depreciation and write-downs630 | €4k | €4k | €4k | €1k | - | - |
| Operating cash flow (approximation) | €-2k | €-14k | €-2k | €793 | €-2k | ▼ 303% |
| Investment in fixed assets (approximation) | - | €0 | €-1 | €1 | €0 | ▼ 100% |
| Change in cash | - | €-552 | €497 | €-1k | €1k | ▲ 198% |
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
2025
04-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
04-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
02-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
25-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
19-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
20-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
22-11
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 2 acts read
About the unread acts
We know of 2 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
2 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, Overijse · 1 establishment unit since 1988
Ground area
3,612 m²
Building footprint
107 m²
Volume, LiDAR
559 m³
2 parcels, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SDF CASA NV
since 19882.040.481.508
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23546L0380/00M004 | Flanders | 2,289 m² | 1 · 20 m² | 2.3 m · 1 fl. |
| 23546L0367/00E002 | Flanders | 1,323 m² | 1 · 88 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 2,219 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
Founded19-09-1988
Fiscal year end30-06
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
73300Public relations and communication consultancy
82100Office administrative and support services
82990Other business support services
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.