Equity
€205,150 ▲ 124%
Equity rose in 2025 from €91,538 to €205,150.
S.D.L.
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1991peak €158,183 (2024)
€144,900▼ 8.4%
lowest -€54,906 (2019)
€13,613▼ 79.8%
peak €205,150 (2025)
€205,150▲ 124%
€261,845▲ 184%
peak 3.1 FTE (2018)
-not published
Board8 names since 2021
5 directorsWAIMNBERG DEBORAH and 4 others
Owners
50%STUDIO GROUP
Documentsfilings and deeds
09-07-202622 days before the deadline
2025abbreviated format
Result from €67,280 to €13,613Registered office moved from Charleroi to Braine-l'Alleud 29-123 directors appointed, 3 resignations 22-12Equity from €91,538 to €205,150Debts from €92,193 to €261,8451 establishment registered
Key points
from the 2025 annual accountsInvestments
€206,000 7.8 × depreciation
Green is investment, beige is depreciation.
Board
3 joined · 4 left
Board changed. Latest change 01-02-2026 · 4 in office.
Checked score
86
Excellent
Financially stronger than 74% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,276 companies (NACE 47, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025lowest value
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.5%▲ +0.3 percentage points vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.6%▲ +0.1 percentage points vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.7%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.4%▼ -0.3 percentage points vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Sector: Retail trade (NACE 47)
1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 1.69, cash €182,946
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 59% of them on solvency, 89% on liquidity, 56% on profitability and 94% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as S.D.L. has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of S.D.L. itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for S.D.L.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.69 (1.4 in 2024), above the usual 1.5. Short-term debt is 29.6% and cash 39.2% of total assets. However, 56.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 days early
2024
28 days late
2023
40 days late
2022
16 days late
2021
29 days late
2020
31 days early
2019
26 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 12 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
WD
WAIMNBERG DEBORAH
Director, since 17-11-2021
- STUDIO GROUP 50%score 93equity €9.0m (2025) · 2025 annual accounts of STUDIO GROUP
Recent changes
New establishment in Rixensart
Neuhaus Genval, Rue des Ateliers 29
1 director appointed, 1 resignation
Resignation: Luc THEWISSEN · Appointment: SRL WHAT'S UP ON LINE · Permanent representative: Luc THEWISSEN · Gazette deed
New establishment in Braine-l'Alleud
Neuhaus Braine-l'Alleud, Avenue Léon Jourez 68
Registered office moved from Charleroi to Braine-l'Alleud
New registered office: Avenue Léon Jourez 68 1420 Braine-l'Alleud · Previous registered office: Chaussée de Charleroi 442 à 6061 Charleroi · General meeting of 15-12-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| S.D.L. Braine-l'Alleud | €466,995 | €144,900 | 43.9% | - |
| REJOTEX Zwevegem | €465,525 | €163,413 | 75.3% | - |
| SYNONYME Sint-Truiden | €427,930 | €126,291 | 92.3% | - |
| JEU DE DAMES ET COUTY Wavre | €317,141 | €159,439 | 38.8% | - |
| NICOLAI MODE Sint-Truiden | €471,120 | €147,131 | 50.0% | - |
| BOETIEK SALUT Lanaken | €565,961 | €159,305 | 88.3% | 0.6 |
| CARROUCHE BIS Antwerp | €456,601 | €193,900 | 81.0% | 3.2 |
These companies have the same main activity as S.D.L.: retail sale of household textiles and bedding (NACE 47512). They are comparable in size and age: total assets between €317,000 and €566,000, founded between 1987 and 1992.
Official details
Source: KBO- Status
- Active since 09-10-1990Normal situation
- Activity
- Retail sale of household textiles and beddingNACE 47512and 1 other
- Joint committee
- 201Independent retail · annual accounts 2025
- Establishment units
- 2.050.055.8046000 Charleroi, since 25-10-1990
- 2.382.231.8091420 Braine-l'Alleud, since 05-12-2025and 2 others
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Annual accounts 2025
- ≈ €820,000estimated
- €466,995▲ 154%
- Employeeson 31-12-2025
- 2▲ 100%
- Filing
- Filed on 09-07-2026, 22 days before the end of the filing period
Insights on S.D.L.
S.D.L. files the abbreviated format. That format states no turnover. The gross margin rose from €6,690 in 2006 to €144,900 in 2025.
The balance sheet grew most in 2025 through fixed assets.
In December 2025, three directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about S.D.L.
- What is the company number of S.D.L.?
- The company number of S.D.L. is 0441.680.986. The VAT number is the same number with BE in front: BE 0441.680.986.
- Where is S.D.L. based?
- The registered office is at Avenue Léon Jourez 68, 1420 Braine-l'Alleud.Company details
- What does S.D.L. do?
- According to the KBO register, the main activity is retail sale of household textiles and bedding (NACE 47512).
- What is the legal form of S.D.L.?
- S.D.L. is a public limited company (NV).
- When was S.D.L. founded?
- S.D.L. was founded on 09-10-1990.
- Is S.D.L. still active?
- Yes, S.D.L. is an active enterprise in the KBO register.
- How many employees does S.D.L. have?
- S.D.L. had an average of 1.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does S.D.L. fall under?
- In its 2025 annual accounts, S.D.L. states joint committee 201 (Independent retail).
- What is the turnover of S.D.L.?
- The turnover in financial year 2025 is ≈ €820,000. This figure is estimated from the gross margin of €144,900 and 34 comparable companies (NACE 475). It probably lies between €630,000 and €1.2m. In financial year 2024 turnover was €407,980.
- Is S.D.L. profitable?
- In financial year 2025, S.D.L. made a profit of €13,613.
- Where can I find the annual accounts of S.D.L.?
- S.D.L. filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of S.D.L. due?
- S.D.L. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.