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SDK GROUP

Active
Private limited companyfounded 20242 yrs activeOfferandestraat 104, 2060 Antwerpen, BelgiumKBO/BCE: BE 1005.620.576
Summary

The computed 12-month bankruptcy probability of SDK GROUP is 2.0% (moderate). The 2025 annual accounts show equity of €2,596 and a net result of €8,755. Its solvency ranks better than 24% of 18973 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability80▲+80
Solvency28▲+19
Growth78
Track record82
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 18973 sector peers (2025).
NBB · sector comparison
Position among 18973 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 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 · 2 filings
Deviation from the deadline
2025
53 d late
2024
83 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 68 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

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 months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 5 February 2024, SDK GROUP was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€2,596
2024 · -€6,160
Total assets
€80,286▲ 111%
2024 · €38,035
Net result
€8,755
2024 · -€11,160
Working capital
-€28,004
2024 · €3,466
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable unfavourable
Line20242025
Operating result-€10,317-€11,069
Net result-€11,160below the sector's middle half-€8,755within the sector's middle half
Equity-€6,160below the sector's middle half-€2,596below the sector's middle half
Total assets€38,035below the sector's middle half-€80,286within the sector's middle half▲ 111%
Debt€44,194-€77,690▲ 75.8%
Working capital€3,466within the sector's middle half--€28,004below the sector's middle half
Solvency-16.2%below the sector's middle half-3.2%below the sector's middle half▲ 19.4pp
Current ratio1.11within the sector's middle half-0.64below the sector's middle half▼ 0.47
Return on assets (ROA)-29.3%below the sector's middle half-10.9%within the sector's middle half▲ 40.2pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2024: -€10,317-€10,317Net result 2024: -€11,160-€11,160Operating result 2025: €11,069€11,069Net result 2025: €8,755€8,75520242025-€20,000-€10,000€0€10,000Operating result 2024: -€10,317-€10,300Net result 2024: -€11,160-€11,200Operating result 2025: €11,069€11,100Net result 2025: €8,755€8,76020242025
The operating result returns to profit in 2025: €11,069 after a loss of €10,317 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79,820
Fixed assets €30,134 ▲ 1,909%
Current assets €49,686 ▲ 39.3%
Equity and liabilities €80,286
Equity €2,596
Debt €77,690
Debt finances 96.8% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€13,092▲
2024 · -€9,946
Cash flow
€10,778▲
2024 · -€10,789
Quick ratio
0.37▼
2024 · 0.45
Debt to equity
29.93
ROE
337.3%
Interest coverage
5.66▲
2024 · -11.80
Debt ≤ 1 year
€77,690▲
2024 · €32,194
Staff costs
€35,027
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,157 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
3.0% went bankrupt
2.8% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.0% 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 497,341 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% 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 2,157 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 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€38,035€80,286▲
Formation expenses20€874€466▼
Fixed assets21/28€1,500€30,134▲
Intangible fixed assets21-€25,460
Tangible fixed assets22/27-€3,025
Plant, machinery and equipment23-€3,025
Financial fixed assets28€1,500€1,649▲
Current assets29/58€35,661€49,686▲
Stocks and contracts in progress3€21,017€21,017=
Stocks30/36€21,017€21,017=
Amounts receivable within one year40/41€2,433€5,393▲
Trade receivables40€616-
Other amounts receivable41€1,817€5,393▲
Cash at bank and in hand54/58€12,211€23,276▲
Equity and liabilities
Total equity and liabilities10/49€38,035€80,286▲
Equity10/15-€6,160€2,596▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€11,160-€2,404▲
Amounts payable17/49€44,194€77,690▲
Amounts payable within one year42/48€32,194€77,690▲
Trade debts44€26,321€42,775▲
Suppliers440/4€26,321€42,775▲
Taxes, remuneration and social security45€12€9,637▲
Taxes450/3€12€697▲
Remuneration and social security454/9-€8,940
Other amounts payable47/48€5,861€25,278▲
Accrued charges and deferred income492/3€12,000-
Income statement Code20242025
Remuneration, social security and pensions62-€35,027
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€370€2,023▲
Other operating charges640/8€460€1,107▲
Gross operating margin9900-€9,487€49,226▲
Operating profit (loss)9901-€10,317€11,069▲
Financial charges65/66B€843€2,314▲
Recurring financial charges65€843€2,314▲
Profit (loss) for the period before taxes9903-€11,160€8,755▲
Profit (loss) for the period9904-€11,160€8,755▲
Profit (loss) for the period to be appropriated9905-€11,160€8,755▲
Appropriation of the result
Profit (loss) to be appropriated9906-€11,160-€2,404▲
Profit (loss) brought forward from the previous period14P--€11,160

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62-€35,027-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€370€2,023▲ 447%
Other operating charges640/8€460€1,107▲ 141%
Gross operating margin9900-€9,487€49,226▲ 619%
Operating profit (loss)9901-€10,317€11,069▲ 207%
Financial charges65/66B€843€2,314▲ 174%
Recurring financial charges65€843€2,314▲ 174%
Profit (loss) for the period before taxes9903-€11,160€8,755▲ 178%
Profit (loss) for the period9904-€11,160€8,755▲ 178%
Profit (loss) for the period to be appropriated9905-€11,160€8,755▲ 178%
Line20242025Change
Assets
Total assets20/58€38,035€80,286▲ 111%
Formation expenses20€874€466▼ 46.7%
Fixed assets21/28€1,500€30,134▲ 1,909%
Intangible fixed assets21-€25,460-
Tangible fixed assets22/27-€3,025-
Plant, machinery and equipment23-€3,025-
Financial fixed assets28€1,500€1,649▲ 9.9%
Current assets29/58€35,661€49,686▲ 39.3%
Stocks and contracts in progress3€21,017€21,017=
Stocks30/36€21,017€21,017=
Amounts receivable within one year40/41€2,433€5,393▲ 122%
Trade receivables40€616--
Other amounts receivable41€1,817€5,393▲ 197%
Cash at bank and in hand54/58€12,211€23,276▲ 90.6%
Equity and liabilities
Total equity and liabilities10/49€38,035€80,286▲ 111%
Equity10/15-€6,160€2,596▲ 142%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€11,160-€2,404▲ 78.5%
Amounts payable17/49€44,194€77,690▲ 75.8%
Amounts payable within one year42/48€32,194€77,690▲ 141%
Trade debts44€26,321€42,775▲ 62.5%
Suppliers440/4€26,321€42,775▲ 62.5%
Taxes, remuneration and social security45€12€9,637▲ 77,620%
Taxes450/3€12€697▲ 5,522%
Remuneration and social security454/9-€8,940-
Other amounts payable47/48€5,861€25,278▲ 331%
Accrued charges and deferred income492/3€12,000--
Line20242025Change
Profit (loss) for the period9904-€11,160€8,755▲ 178%
+ Depreciation and write-downs630€370€2,023▲ 447%
Operating cash flow (approximation)-€10,789€10,778▲ 200%
Investment in fixed assets (approximation)--€30,657-
Change in cash-€11,065-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 53 days late
2025
31-12
Financial Back to profitnet €8,755
Net result €8,755 after one loss-making year.
22-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 83 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
97 m²
Building footprint
97 m²
Volume, LiDAR
851 m³
Parcel 11808H0566/00E003, Flanders · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SDK GROUP
Offerandestraat 104, 2060 AntwerpenRetail trade
since 20242.356.232.839
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11808H0566/00E003 Flanders 97 m² 1 · 97 m² 14.5 m · 4 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.

Subsidies and aid

Flemish government

2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid
Year Entries awardedpaid
2025 1 2,000 EUR2,000 EUR
Schemes
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpen2.356.232.839
1 permission
Detailhandel LM>3 maand · since 05-07-2024

Similar companies · same sector, comparable size

Of 2,340 companies in this sector we hold annual accounts for 1,246. 256 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded05-02-2024
Fiscal year end31-12
Activities, NACEBEL 2025
47621Retail sale of newspapers and periodicals
47110Non-specialised retail sale with food, beverages or tobacco predominating
47559Retail sale of other household articles
47793Retail sale of other second-hand goods, excluding clothing
E-invoicing
Reachable via Peppol
Peppol ID 0208:1005620576
Also 9925:BE1005620576
Registered 01-08-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.