SDM CONSULTING & DEVELOPMENT
ActiveSummary
SDM CONSULTING & DEVELOPMENT has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €224,597 and a net result of €105,829. Equity is growing by ~37.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability94▼-6
Solvency67▼-23
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity short (current ratio 0.9 against 1.68 in 2023; short-term debt: 57.5% and cash: 9.1% of total assets), and 57.5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
59 d early
2023
57 d early
2022
55 d early
2021
32 d early
2020
60 d early
2019
63 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 52 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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. Usually files around 6 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€224,597▼ 36.6%
2023 · €354,068
Total assets
€528,773▼ 2.7%
2023 · €543,195
Net result
€105,829▼ 69.3%
2023 · €345,204
Working capital
-€31,168
2023 · €115,693
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Line20202021202220232024
Operating result€114,921▲ 16.0%€219,475▲ 91.0%€284,303▲ 29.5%€140,404▼ 50.6%€153,567▲ 9.4%
Net result€62,721above the sector's middle half▼ 9.2%€156,736above the sector's middle half▲ 150%€206,442above the sector's middle half▲ 31.7%€345,204above the sector's middle half▲ 67.2%€105,829within the sector's middle half▼ 69.3%
Equity€61,246within the sector's middle half▲ 82.7%€61,246below the sector's middle half=€67,688below the sector's middle half▲ 10.5%€354,068within the sector's middle half▲ 423%€224,597within the sector's middle half▼ 36.6%
Total assets€374,220within the sector's middle half▼ 34.6%€469,694within the sector's middle half▲ 25.5%€509,806within the sector's middle half▲ 8.5%€543,195within the sector's middle half▲ 6.5%€528,773within the sector's middle half▼ 2.7%
Debt€312,974▼ 41.9%€408,448▲ 30.5%€442,118▲ 8.2%€189,127▼ 57.2%€304,176▲ 60.8%
Working capital-€88,231below the sector's middle half▼ 2.7%-€117,290below the sector's middle half▼ 32.9%-€143,952below the sector's middle half▼ 22.7%€115,693within the sector's middle half-€31,168within the sector's middle half
Solvency16.4%below the sector's middle half▲ 10.5pp13.0%below the sector's middle half▼ 3.3pp13.3%below the sector's middle half▲ 0.2pp65.2%within the sector's middle half▲ 51.9pp42.5%within the sector's middle half▼ 22.7pp
Current ratio0.57below the sector's middle half▲ 0.130.64within the sector's middle half▲ 0.070.63within the sector's middle half▼ 0.011.68within the sector's middle half▲ 1.050.90within the sector's middle half▼ 0.79
Return on assets (ROA)16.8%within the sector's middle half▲ 4.7pp33.4%above the sector's middle half▲ 16.6pp40.5%above the sector's middle half▲ 7.1pp63.6%above the sector's middle half▲ 23.1pp20.0%above the sector's middle half▼ 43.5pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 9% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €528,773
Fixed assets
€255,765 ▼ 1.1%
Current assets
€273,008 ▼ 4.1%
Equity and liabilities €528,773
Equity
€224,597 ▼ 36.6%
Debt
€304,176 ▲ 60.8%
Debt's share of the balance-sheet total rises from 34.8% to 57.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€156,345▲
2023 · €143,462
Cash flow
€108,607▼
2023 · €348,262
Debt to equity
1.35▲
2023 · 0.53
ROE
47.1%▼
2023 · 97.5%
Interest coverage
15.85▲
2023 · 12.16
Debt ≤ 1 year
€304,176▲
2023 · €168,959
Income taxes
€37,872▲
2023 · €33,516
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 17,811 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €670 | €777 | €2,734 | €3,058 | €2,778 | ▼ 9.2% |
| Other operating charges640/8 | - | €2,153 | €2,173 | €6,280 | €4,102 | ▼ 34.7% |
| Gross operating margin9900 | €117,359 | €222,405 | €289,210 | €149,742 | €160,447 | ▲ 7.1% |
| Operating profit (loss)9901 | €114,921 | €219,475 | €284,303 | €140,404 | €153,567 | ▲ 9.4% |
| Financial income75/76B | - | - | - | €250,116 | - | - |
| Recurring financial income75 | €3 | - | - | €116 | - | - |
| Non-recurring financial income76B | - | - | - | €250,000 | - | - |
| Financial charges65/66B | - | €6,960 | €6,361 | €11,800 | €9,866 | ▼ 16.4% |
| Recurring financial charges65 | €8,350 | €6,960 | €6,361 | €11,800 | €9,866 | ▼ 16.4% |
| Profit (loss) for the period before taxes9903 | €106,574 | €212,515 | €277,942 | €378,720 | €143,701 | ▼ 62.1% |
| Income taxes67/77 | €43,853 | €55,779 | €71,500 | €33,516 | €37,872 | ▲ 13.0% |
| Profit (loss) for the period9904 | €62,721 | €156,736 | €206,442 | €345,204 | €105,829 | ▼ 69.3% |
| Profit (loss) for the period to be appropriated9905 | €62,721 | €156,736 | €206,442 | €345,204 | €105,829 | ▼ 69.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €374,220 | €469,694 | €509,806 | €543,195 | €528,773 | ▼ 2.7% |
| Fixed assets21/28 | €257,424 | €257,754 | €261,601 | €258,543 | €255,765 | ▼ 1.1% |
| Tangible fixed assets22/27 | €2,174 | €2,504 | €6,351 | €3,293 | €515 | ▼ 84.4% |
| Furniture and vehicles24 | - | €2,504 | €6,351 | €3,293 | €515 | ▼ 84.4% |
| Financial fixed assets28 | €255,250 | €255,250 | €255,250 | €255,250 | €255,250 | = |
| Current assets29/58 | €116,796 | €211,940 | €248,205 | €284,652 | €273,008 | ▼ 4.1% |
| Amounts receivable within one year40/41 | €21,053 | €134,842 | €228,539 | €202,345 | €224,687 | ▲ 11.0% |
| Trade receivables40 | - | €134,842 | €228,539 | €10,950 | €44,692 | ▲ 308% |
| Other amounts receivable41 | - | - | - | €191,395 | €179,995 | ▼ 6.0% |
| Cash at bank and in hand54/58 | €95,743 | €77,098 | €19,666 | €82,307 | €48,321 | ▼ 41.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €374,220 | €469,694 | €509,806 | €543,195 | €528,773 | ▼ 2.7% |
| Equity10/15 | €61,246 | €61,246 | €67,688 | €354,068 | €224,597 | ▼ 36.6% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €41,246 | €41,246 | €47,688 | €334,068 | €204,597 | ▼ 38.8% |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Distributable reserves133 | - | €39,246 | €45,688 | €332,068 | €202,597 | ▼ 39.0% |
| Amounts payable17/49 | €312,974 | €408,448 | €442,118 | €189,127 | €304,176 | ▲ 60.8% |
| Amounts payable after more than one year17 | €107,947 | €79,218 | €49,961 | €20,168 | - | - |
| Financial debts170/4 | - | €79,218 | €49,961 | €20,168 | - | - |
| Amounts payable within one year42/48 | €205,027 | €329,230 | €392,157 | €168,959 | €304,176 | ▲ 80.0% |
| Current portion of amounts payable after more than one year42 | - | €37,088 | €44,307 | €44,996 | €20,168 | ▼ 55.2% |
| Trade debts44 | €1,715 | €13,682 | €911 | €30,543 | €1,741 | ▼ 94.3% |
| Suppliers440/4 | - | €13,682 | €911 | €30,543 | €1,741 | ▼ 94.3% |
| Taxes, remuneration and social security45 | - | €84,383 | €133,800 | €22,297 | €60,782 | ▲ 173% |
| Taxes450/3 | - | €84,383 | €133,800 | €22,297 | €60,782 | ▲ 173% |
| Other amounts payable47/48 | - | €194,077 | €213,139 | €71,123 | €221,485 | ▲ 211% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62,721 | €156,736 | €206,442 | €345,204 | €105,829 | ▼ 69.3% |
| + Depreciation and write-downs630 | €670 | €777 | €2,734 | €3,058 | €2,778 | ▼ 9.2% |
| Operating cash flow (approximation) | €63,391 | €157,513 | €209,176 | €348,262 | €108,607 | ▼ 68.8% |
| Investment in fixed assets (approximation) | - | -€1,107 | -€6,581 | €0 | €0 | - |
| Change in cash | - | -€18,645 | -€57,432 | €62,641 | -€33,986 | ▼ 154% |
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
2026
22-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €345,204 ▲67.2%
Net result €345,204, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 1.68
Current ratio from 0.63 to 1.68; short-term debt falls from €392,157 to €168,959.
31-12
Financial
Equity above €200,000Eq €354,068 ▲423%
6 profitable years in a row build equity to €354,068.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Brasschaat · 1 establishment unit since 2013
Ground area
317 m²
Building footprint
111 m²
Volume, LiDAR
599 m³
Parcel 11008H0314/00M003, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Claesstraat 39, 2930 Brasschaat
since 20132.221.140.147
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008H0314/00M003 | Flanders | 317 m² | 1 · 111 m² | 6.6 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
12.5%
According to the 2024 annual accounts of SDM CONSULTING & DEVELOPMENT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,635 EUR awarded · 1,635 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,635 EUR | 1,635 EUR |
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 39,387 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
Founded03-07-2013
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0536364468
Also
9925:BE0536364468
Registered
21-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.