SDP CONSTRUCTIES
ActiveSDP CONSTRUCTIES has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €20k. Equity is growing by ~28.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+9
Solvency68▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 1.63 in 2024; short-term debt: 47.4% and cash: 30.1% of total assets), but 57.4% of the assets are financed with debt.
Credit advice for your own amount and term
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.6%
Return on assets
14.4%
Age of the figures
12 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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
2 d early
2023
1 d early
2022
24 d early
2021
30 d early
2020
on the day
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€59k▲ 51.2%
2024 · €39k
2018: €1k
2019: €-2k
2020: €16k
2021: €26k
2022: €42k
2023: €54k
2024: €39k
2018 → 2025
Total assets
€138k▲ 50.5%
2024 · €91k
2018: €67k
2019: €64k
2020: €60k
2021: €73k
2022: €76k
2023: €120k
2024: €91k
2018 → 2025
Net result
€20k▲ 200%
2024 · €7k
2018: €-13k
2019: €-3k
2020: €18k
2021: €11k
2022: €15k
2023: €12k
2024: €7k
2018 → 2025
Working capital
€50k▲ 51.1%
2024 · €33k
2018: €-7k
2019: €-11k
2020: €10k
2021: €19k
2022: €35k
2023: €50k
2024: €33k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€42k▲ 58.6%€54k▲ 29.7%€39k▼ 28.6%€59k▲ 51.2%
Operating result€14k-€20k▲ 46.1%€16k▼ 20.3%€10k▼ 39.7%€26k▲ 161%
Net result€11k-€15k▲ 43.9%€12k▼ 19.6%€7k▼ 46.9%€20k▲ 200%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 161% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €138k
Fixed assets
€22k▲ 308%
Current assets
€116k▲ 34.4%
Equity and liabilities €138k
Equity
€59k▲ 51.2%
Debt
€79k▲ 50.1%
The debt ratio falls from 57.6% to 57.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29k▲
2024 · €12k
Cash flow
€23k▲
2024 · €9k
Solvency
42.6%▲
2024 · 42.4%
Current ratio
1.77▲
2024 · 1.63
Quick ratio
1.37▲
2024 · 1.20
Debt / equity
1.35▼
2024 · 1.36
ROE
33.9%▲
2024 · 17.1%
ROA
14.4%▲
2024 · 7.2%
Interest coverage
21.15▲
2024 · 11.65
Debt
€79k▲
2024 · €53k
Debt ≤ 1 year
€65k▲
2024 · €53k
Debt > 1 year
€14k
Income taxes
€5k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€91k€138k▲
Fixed assets21/28€5k€22k▲
Tangible fixed assets22/27€5k€22k▲
Plant, machinery and equipment23€4k€22k▲
Furniture and vehicles24€1k€230▼
Financial fixed assets28€90€90=
Current assets29/58€86k€116k▲
Stocks and contracts in progress3€23k€26k▲
Stocks30/36€7k€15k▲
Contracts in progress37€15k€11k▼
Amounts receivable within one year40/41€48k€42k▼
Trade receivables40€43k€38k▼
Other amounts receivable41€5k€4k▼
Cash at bank and in hand54/58€12k€41k▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€91k€138k▲
Equity10/15€39k€59k▲
Contributions10/11€19k€19k=
Reserves13€20k€40k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€18k€38k▲
Amounts payable17/49€53k€79k▲
Amounts payable after more than one year17-€14k
Financial debts170/4-€14k
Amounts payable within one year42/48€53k€65k▲
Current portion of amounts payable after more than one year42€3k€7k▲
Trade debts44€13k€44k▲
Suppliers440/4€13k€44k▲
Taxes, remuneration and social security45€152-
Taxes450/3€152-
Other amounts payable47/48€36k€15k▼
Income statement
Code20242025
Remuneration, social security and pensions62€8k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€23k€30k▲
Operating profit (loss)9901€10k€26k▲
Financial income75/76B€1€111▲
Recurring financial income75€1€111▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€9k€24k▲
Income taxes67/77€2k€5k▲
Profit (loss) for the period9904€7k€20k▲
Profit (loss) for the period to be appropriated9905€7k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€20k▲
Transfer from equity791/2€35k-
Transfer to equity691/2€7k€20k▲
To the legal reserve6920-€20k
To other reserves6921€7k-
Profit to be distributed694/7€35k-
Return on contributions (dividend)694€35k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €20k ▲200%
Operating result €26k, net result €20k, both a record.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €18k
Net result €18k after 2 loss-making years.
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-03
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.
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, Geraardsbergen · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hollestraat(Ide) 229506 GeraardsbergenGround area
706 m²
Building footprint
151 m²
Volume, LiDAR
631 m³
Parcel 41031B0492/00C003, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SDP CONSTRUCTIES
since 20142.236.731.512
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41031B0492/00C003 | Flanders | 706 m² | 1 · 151 m² | 6.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 1,000 EUR awarded · 1,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
Schemes
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Dual-learning approval
2 live approvalsMetselaar (vwo)
Ruwbouw duaal (so)
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Of 8,452 companies in sector 43120 we hold annual accounts for 3,231. 2,550 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-10-2014
Fiscal year end30-09
Activities, NACEBEL
43120Site preparation
43230Insulation installation
43240Other construction installation
43291Specialised construction activities
43299Specialised construction activities
43310Plastering work
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.