SDP MUSIC
ActiveSummary
SDP MUSIC has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53k and a net result of €20k. Equity is growing by ~49.9% per year across the filed fiscal years. Its solvency ranks better than 92% of 1991 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+9
Solvency100▲+21
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 11.96 against 1.67 in 2024; short-term debt: 6.8% and cash: 60.3% of total assets), and 6.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
93.2%
Return on assets
34.7%
Age of the figures
9 mo
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 27-07-2026, 4 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
4 d early
2024
2 d early
2023
4 d early
2022
1 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€76k
EBIT margin
14.3%
Net result
€20k▲ 81.0%
2024 · €11k
2022: €11k
2023: €7k
2024: €11k
2022 → 2025
Working capital
€43k▲ 129%
2024 · €19k
2022: €3k
2023: €11k
2024: €19k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€76k
Equity€15k-€22k▲ 45.4%€33k▲ 48.8%€53k▲ 59.3%
Operating result€16k-€11k▼ 33.1%€17k▲ 59.3%€25k▲ 46.5%
Net result€11k-€7k▼ 38.7%€11k▲ 56.3%€20k▲ 81.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 47% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57k
Fixed assets
€10k ▼ 29.4%
Current assets
€47k ▲ 0.1%
Equity and liabilities €57k
Equity
€53k ▲ 59.3%
Debt
€4k ▼ 86.0%
Debt's share of the balance-sheet total falls from 45.6% to 6.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30k▲
2024 · €23k
Cash flow
€24k▲
2024 · €16k
Current ratio
11.96▲
2024 · 1.67
Debt to equity
0.07▼
2024 · 0.84
ROE
37.2%▲
2024 · 32.8%
ROA
34.7%▲
2024 · 17.8%
Interest coverage
123.86▲
2024 · 11.91
Debt ≤ 1 year
€4k▼
2024 · €28k
Income taxes
€5k▲
2024 · €5k
Staff costs
€603
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€61k€57k▼
Fixed assets21/28€15k€10k▼
Tangible fixed assets22/27€15k€10k▼
Plant, machinery and equipment23€7k€8k▲
Furniture and vehicles24€8k€3k▼
Current assets29/58€46k€47k▲
Amounts receivable within one year40/41€15k€7k▼
Trade receivables40€15k€5k▼
Other amounts receivable41€185€2k▲
Cash at bank and in hand54/58€27k€34k▲
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€61k€57k▼
Equity10/15€33k€53k▲
Contributions10/11€4k€4k=
Reserves13€29k€49k▲
Distributable reserves133€29k€49k▲
Amounts payable17/49€28k€4k▼
Amounts payable within one year42/48€28k€4k▼
Trade debts44€9k€77▼
Suppliers440/4€9k€77▼
Taxes, remuneration and social security45€11k€2k▼
Taxes450/3€8k€404▼
Remuneration and social security454/9€3k€2k▼
Other amounts payable47/48€8k€2k▼
Income statement
Code20242025
Non-recurring operating income76A-€511
Remuneration, social security and pensions62-€603
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€598€852▲
Gross operating margin9900€23k€31k▲
Operating profit (loss)9901€17k€25k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€2k€242▼
Recurring financial charges65€2k€242▼
Profit (loss) for the period before taxes9903€15k€25k▲
Income taxes67/77€5k€5k▲
Profit (loss) for the period9904€11k€20k▲
Profit (loss) for the period to be appropriated9905€11k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€20k▲
Transfer to equity691/2€11k€20k▲
To other reserves6921€11k€20k▲
The notes to these accounts (16 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €20k ▲81%
Operating result €25k, net result €20k, both a record.
31-12
Financial
Liquidity times 7current ratio 11.96
Current ratio from 1.67 to 11.96; short-term debt falls from €28k to €4k.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €7k ▼38.7%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Grobbendonk · 1 establishment unit since 2022
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.
Eikenlei 262280 GrobbendonkGround area
1,387 m²
Building footprint
261 m²
Volume, LiDAR
1,435 m³
Parcel 13010B0127/00H000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SDP MUSIC
since 20222.326.111.765
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13010B0127/00H000 | Flanders | 1,387 m² | 1 · 261 m² | 8.4 m · 2 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.
Similar companies · same sector, comparable size
HOOK
BE 0502.932.627
Gent · Eq €52,578
Maarten De Ceulaer
BE 0788.949.401
Anderlecht · Eq €53,502
SKITEN Family
BE 0719.305.379
La Bruyère · Eq €52,338
LaserShowRental
BE 0786.586.658
Oudsbergen · Eq €52,250
FikaFabrik
BE 1001.416.320
Puurs-Sint-Amands · Eq €52,163
Of 8,302 companies in sector 90201 we hold annual accounts for 602. 485 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2022
Fiscal year end31-12
Abbreviation NL
SDP
Activities, NACEBEL 2025
90201Performing arts by independent artists
43320Joinery installation
47551Retail sale of household furniture
59201Sound recording
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.