Turnover
≈ €55,000 estimated
The micro format states no turnover.
SDR PIPING INDUSTRIES
Lifetime
3 annual accounts with figures on one time axispeak €29,856 (2024)
€13,215▼ 55.7%
peak €16,780 (2024)
€1,156▼ 93.1%
peak €23,023 (2025)
€23,023▲ 5.3%
€78,900▼ 8.3%
Board3 names since 2022
2 directorsDe Roeve Thimothy and 1 other
Documentsfilings and deeds
02-04-2026120 days before the deadline
2025micro format
Gross margin from €29,856 to €13,215Result from €16,780 to €1,156Investments €23,059
Key points
from the 2025 annual accountsDebts
€78,900 77% of the balance sheet
Investments
€16,209 3.3 × depreciation
Green is investment, beige is depreciation. Machinery stands 84.9% higher than in 2024.
Checked score
89
Excellent
Financially stronger than 44% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%highest value
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.3%▼ -0.1 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.2%▼ -0.1 percentage points vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.3%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%▼ -0.1 percentage points vs 04-2026lowest value
06-2026: 0.2%● unchanged vs 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026lowest value
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
lowers risk
Sector: Real estate activities (NACE 68)
Liquidity: current ratio 0.91, cash €20,742
Figures for financial year 2025 (filed on 02-04-2026)
Size: total assets €101,922
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 68, micro). It does better than 42% of them on solvency, 26% on liquidity, 47% on profitability and 59% 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, 2,542 companies had the same profile as SDR PIPING INDUSTRIES has now. Each dot stands for 7 companies, two years later.
95.0%
were still trading
1.2%
stopped another way
3.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SDR PIPING INDUSTRIES itself is lower: 0.2% within 12 months. It rests on far more data about SDR PIPING INDUSTRIES than the profile alone.
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 2,542 companies, not a prediction for SDR PIPING INDUSTRIES. 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 €2,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.91 (1.11 in 2024), below 1. Short-term debt is 77.4% and cash 20.4% of total assets. 77.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers 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 02-04-2026, 120 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
120 days early
2024
175 days early
2023
21 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 105 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 2 April (3 of the last 3 accounts filed within 100 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
DR
De Roeve Thimothy
Director, since 10-01-2022
- SAVEYN Mike Monique Willy founderdeed of 12-01-2022
- DE ROEVE Timothy Basiel Rita founderdeed of 12-01-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0779922065
Incorporation
Founders: SAVEYN Mike Monique Willy and DE ROEVE Timothy Basiel Rita · 50 shares · Appointments: SAVEYN Mike Monique Willy (director) and DE ROEVE Timothy Basiel Rita (director) · published on 12-01-2022 · Gazette deed
First establishment
Kwadeweg 12, Evergem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SDR PIPING INDUSTRIES Evergem | €101,922 | €13,215 | 22.6% | - |
| Algemene Bouwwerken Slim Laakdal | €106,695 | €14,328 | 50.7% | - |
| ALL-IN RENOVATIES Antwerp | €125,096 | €13,510 | 85.7% | - |
| Edilta Keerbergen | €91,912 | €19,181 | 59.5% | - |
| DE MOFFARTS Beringen | €99,924 | €14,704 | 55.3% | - |
| VOLTIMMO Courcelles | €114,350 | €8,131 | -14.4% | - |
| VdB Montage Lanaken | €119,665 | €20,933 | 51.8% | - |
These companies have the same main activity as SDR PIPING INDUSTRIES: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €91,900 and €125,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 10-01-2022Normal situation
- Activity
- Development of residential building projectsNACE 68121and 2 others
- Establishment unit
- 2.326.500.8549940 Evergem, since 10-01-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2023
Annual accounts 2025
- €101,922▼ 5.6%
- Filing
- Filed on 02-04-2026, 120 days before the end of the filing period
Insights on SDR PIPING INDUSTRIES
SDR PIPING INDUSTRIES files the micro format. That format states no turnover. The gross margin fell from €14,162 in 2023 to €13,215 in 2025.
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 SDR PIPING INDUSTRIES
- What is the company number of SDR PIPING INDUSTRIES?
- The company number of SDR PIPING INDUSTRIES is 0779.922.065. The VAT number is the same number with BE in front: BE 0779.922.065.
- Where is SDR PIPING INDUSTRIES based?
- The registered office is at Kwadeweg 12, 9940 Evergem.Company details
- What does SDR PIPING INDUSTRIES do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of SDR PIPING INDUSTRIES?
- SDR PIPING INDUSTRIES is a private limited company (BV).
- When was SDR PIPING INDUSTRIES founded?
- SDR PIPING INDUSTRIES was founded on 10-01-2022.
- Is SDR PIPING INDUSTRIES still active?
- Yes, SDR PIPING INDUSTRIES is an active enterprise in the KBO register.
- What is the turnover of SDR PIPING INDUSTRIES?
- The turnover in financial year 2025 is ≈ €55,000. This figure is estimated from the gross margin of €13,215 and 48 comparable companies (NACE 68121). It probably lies between €27,000 and €170,000. It is a rough estimate.Financials
- Is SDR PIPING INDUSTRIES profitable?
- In financial year 2025, SDR PIPING INDUSTRIES made a profit of €1,156.
- Where can I find the annual accounts of SDR PIPING INDUSTRIES?
- SDR PIPING INDUSTRIES filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SDR PIPING INDUSTRIES due?
- SDR PIPING INDUSTRIES 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 trust this company with building work.Contractor check 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 See which support similar companies received that this one did not.Subsidies
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