SDG
ActiveSummary
For SDG, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €25,823 and a net result of €10,456. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 33673 sector peers (fiscal year 2023). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability85▲+11
Solvency57▲+9
Growth62=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2023Solvency, return and age of the figures
Solvency
32.4%
Return on assets
13.1%
Age of the figures
33 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 16-10-2024, 77 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
77 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
84 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 51 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Turnover
€127,870▲ 10.7%
2021 · €115,519
EBIT margin
6.9%▲ 33.2pp
2021 · -26.3%
Net result
€10,456▲ 20.5%
2022 · €8,678
Working capital
€24,272▲ 95.5%
2022 · €12,415
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Turnover€107,562▼ 18.8%€223,286▲ 108%€115,519▼ 48.3%€127,870▲ 10.7%
Operating result-€3,413▲ 50.9%€53,292-€30,408€8,819€10,407▲ 18.0%
Net result-€2,800▲ 55.3%€53,572above the sector's middle half-€40,788below the sector's middle half€8,678within the sector's middle half€10,456within the sector's middle half▲ 20.5%
EBIT margin-3.2%▲ 2.1pp23.9%▲ 27.0pp-26.3%▼ 50.2pp6.9%▲ 33.2pp
Equity-€6,095▼ 85.0%€47,477within the sector's middle half€6,689below the sector's middle half▼ 85.9%€15,367below the sector's middle half▲ 130%€25,823within the sector's middle half▲ 68.0%
Total assets€35,035▲ 7.8%€94,542within the sector's middle half▲ 170%€66,973below the sector's middle half▼ 29.2%€67,494below the sector's middle half▲ 0.8%€79,603within the sector's middle half▲ 17.9%
Debt€41,130▲ 14.9%€47,065▲ 14.4%€60,284▲ 28.1%€52,127▼ 13.5%€53,780▲ 3.2%
Working capital-€6,245▼ 74.1%€47,327€6,539▼ 86.2%€12,415▲ 89.9%€24,272▲ 95.5%
Solvency-17.4%▼ 7.3pp50.2%within the sector's middle half▲ 67.6pp10.0%below the sector's middle half▼ 40.2pp22.8%within the sector's middle half▲ 12.8pp32.4%within the sector's middle half▲ 9.7pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 18% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €79,603
Fixed assets
€1,551 ▼ 47.5%
Current assets
€78,052 ▲ 20.9%
Equity and liabilities €79,603
Equity
€25,823 ▲ 68.0%
Debt
€53,780 ▲ 3.2%
Debt's share of the balance-sheet total falls from 77.2% to 67.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11,808▲
2022 · €10,220
Cash flow
€11,857▲
2022 · €10,079
Current ratio
1.45▲
2022 · 1.24
Debt to equity
2.08▼
2022 · 3.39
ROE
40.5%▼
2022 · 56.5%
ROA
13.1%▲
2022 · 12.9%
Interest coverage
97.67▲
2022 · 15.67
Debt ≤ 1 year
€53,780▲
2022 · €52,127
Staff costs
€4,899▼
2022 · €5,932
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €107,562 | €223,286 | €115,519 | €127,870 | - | - |
| Non-recurring operating income76A | - | - | - | €5 | €0 | ▼ 100% |
| Goods, raw materials, services and sundry goods60/61 | - | - | €142,979 | €115,380 | - | - |
| Remuneration, social security and pensions62 | - | - | €1,447 | €5,932 | €4,899 | ▼ 17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €142 | - | - | €1,401 | €1,401 | = |
| Other operating charges640/8 | - | - | €1,577 | €1,131 | €1,649 | ▲ 45.8% |
| Non-recurring operating charges66A | - | - | - | - | €8 | - |
| Gross operating margin9900 | €4,360 | €57,114 | -€27,385 | €17,284 | €18,365 | ▲ 6.3% |
| Operating profit (loss)9901 | -€3,413 | €53,292 | -€30,408 | €8,819 | €10,407 | ▲ 18.0% |
| Financial income75/76B | - | - | €198 | €511 | €169 | ▼ 66.9% |
| Recurring financial income75 | €681 | €369 | €198 | €511 | €169 | ▼ 66.9% |
| Financial charges65/66B | - | - | €893 | €652 | €121 | ▼ 81.5% |
| Recurring financial charges65 | €68 | €89 | €893 | €652 | €121 | ▼ 81.5% |
| Profit (loss) for the period before taxes9903 | -€2,800 | €53,572 | -€31,104 | €8,678 | €10,456 | ▲ 20.5% |
| Income taxes67/77 | - | - | €9,685 | - | - | - |
| Profit (loss) for the period9904 | -€2,800 | €53,572 | -€40,788 | €8,678 | €10,456 | ▲ 20.5% |
| Profit (loss) for the period to be appropriated9905 | -€2,800 | €53,572 | -€40,788 | €8,678 | €10,456 | ▲ 20.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €35,035 | €94,542 | €66,973 | €67,494 | €79,603 | ▲ 17.9% |
| Fixed assets21/28 | €150 | €150 | €150 | €2,952 | €1,551 | ▼ 47.5% |
| Tangible fixed assets22/27 | - | - | - | €2,802 | €1,401 | ▼ 50.0% |
| Furniture and vehicles24 | - | - | - | €2,802 | €1,401 | ▼ 50.0% |
| Financial fixed assets28 | €150 | €150 | €150 | €150 | €150 | = |
| Current assets29/58 | €34,885 | €94,392 | €66,823 | €64,541 | €78,052 | ▲ 20.9% |
| Amounts receivable within one year40/41 | €26,844 | €76,194 | €54,050 | €50,524 | €64,272 | ▲ 27.2% |
| Trade receivables40 | - | - | €51,030 | €49,014 | €56,187 | ▲ 14.6% |
| Other amounts receivable41 | - | - | €3,020 | €1,510 | €8,085 | ▲ 435% |
| Cash at bank and in hand54/58 | €8,041 | €18,198 | €12,774 | €12,969 | €13,009 | ▲ 0.3% |
| Deferred charges and accrued income490/1 | - | - | - | €1,048 | €770 | ▼ 26.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €35,035 | €94,542 | €66,973 | €67,494 | €79,603 | ▲ 17.9% |
| Equity10/15 | -€6,095 | €47,477 | €6,689 | €15,367 | €25,823 | ▲ 68.0% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,465 | ▲ 0.5% |
| Capital10 | - | - | €12,400 | €12,400 | - | - |
| Issued capital100 | - | - | €18,600 | €18,600 | - | - |
| Uncalled capital101 | - | - | €6,200 | €6,200 | - | - |
| Reserves13 | €65 | €65 | €65 | €65 | €0 | ▼ 100% |
| Non-distributable reserves130/1 | - | - | €65 | €65 | €0 | ▼ 100% |
| Legal reserve130 | - | - | €65 | €65 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €0 | - |
| Profit (loss) carried forward14 | -€18,560 | €35,012 | -€5,776 | €2,902 | €13,358 | ▲ 360% |
| Amounts payable17/49 | €41,130 | €47,065 | €60,284 | €52,127 | €53,780 | ▲ 3.2% |
| Amounts payable within one year42/48 | €41,130 | €47,065 | €60,284 | €52,127 | €53,780 | ▲ 3.2% |
| Trade debts44 | €4,224 | €7,256 | €13,577 | €19,435 | €25,627 | ▲ 31.9% |
| Suppliers440/4 | - | - | €13,577 | €19,435 | €25,627 | ▲ 31.9% |
| Advances received on contracts in progress46 | - | - | €3,624 | €7,124 | €3,500 | ▼ 50.9% |
| Taxes, remuneration and social security45 | - | - | €10,107 | €784 | €1,006 | ▲ 28.4% |
| Taxes450/3 | - | - | €10,107 | €784 | €286 | ▼ 63.6% |
| Remuneration and social security454/9 | - | - | - | - | €721 | - |
| Other amounts payable47/48 | - | - | €32,976 | €24,784 | €23,646 | ▼ 4.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,800 | €53,572 | -€40,788 | €8,678 | €10,456 | ▲ 20.5% |
| + Depreciation and write-downs630 | €142 | - | - | €1,401 | €1,401 | = |
| Operating cash flow (approximation) | -€2,658 | €53,572 | -€40,788 | €10,079 | €11,857 | ▲ 17.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€4,203 | €0 | ▲ 100% |
| Change in cash | - | €10,157 | -€5,425 | €195 | €40 | ▼ 79.5% |
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
2024
16-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 77 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Back to profitnet €8,678
Net result €8,678 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet -€40,788
Net result drops to -€40,788, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €53,572
Net result €53,572 after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 2.01
Current ratio from 0.85 to 2.01.
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
05-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 5 days late
2015
14-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Sambreville · 1 establishment unit since 2009
Ground area
90 m²
Building footprint
82 m²
Volume, LiDAR
485 m³
Parcel 92129D0216/00F000, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Team Energies
since 20092.180.323.735
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92129D0216/00F000 | Wallonia | 90 m² | 1 · 82 m² | 8.2 m · 2 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.
Similar companies · same sector, comparable size
FESTRA
BE 0648.886.646
Elsene · Eq €25,830
JKDS
BE 0799.294.252
Deinze · Eq €25,806
ELEKTRO KURT VERLINDE
BE 0841.153.613
Kuurne · Eq €25,782
Effekt
BE 0795.243.909
Zottegem · Eq €25,867
E.G. CONCEPT ET MAINTENANCE ELECTRIQUE
BE 0826.852.942
Manage · Eq €25,769
Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 7,730 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
Founded27-05-2009
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0811927018
Registered
12-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.