Equity
€1.8m ▲ 17.7%
SDS has made a profit without a break since 2019.
SDS
Lifetime
20 annual accounts with figures on one time axis, 23 filings since 2003peak €1.1m (2025)
€1.0m▼ 4.9%
lowest -€382,931 (2018)
€276,602▼ 18.7%
peak €1.8m (2026)
€1.8m▲ 17.7%
€1.1m▲ 5.6%
peak 11.9 FTE (2008)
9.5 FTE▼ 1.0%
Board2 names since 2021
2 directorsDE SMET Griet and 1 other
Documentsfilings and deeds
28-10-20263 days before the deadline
2026abbreviated format
Equity from €1.5m to €1.8mCash from €291,834 to €159,589
Key points
from the 2026 annual accountsInvestments
€63,070 0.3 × depreciation
Green is investment, beige is depreciation.
Staff
11 employees on 31-03-2026
In 2026, 1 person joined and 2 left.
Liquidity
4.98 was 2.54 in 2025
Short-term debts fell from €401,761 to €300,767.
Filings
23 annual accounts since 2003
Five of the last ten came late. The 2024 accounts came latest: 41 days after the end of the period.
Position in the sector
€1.8m
More equity than 94% of companies in retail trade. Sector median €204,918 · 715 companies.
Checked score
92
Excellent
Financially stronger than 70% of micro companies in retail trade (NACE 47)
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: 0.6% across 40,275 companies (NACE 47, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.2%▼ -0.1 percentage points vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.3%▲ +0.1 percentage points vs 09-2025
11-2025: 0.5%▲ +0.2 percentage points vs 10-2025highest value
12-2025: 0.2%▼ -0.3 percentage points vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026lowest value
05-2026: 0.2%● unchanged vs 04-2026lowest value
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 of the last 3 accounts late
lowers risk
Founded in 2002
Profit of €276,602 (financial year 2026)
Equity €1.8m (61.6% of total assets)
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 74% of them on solvency, 63% on liquidity, 72% on profitability and 70% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-03-2026.
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, 31,368 companies had the same profile as SDS has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SDS itself: 0.2% 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 31,368 companies, not a prediction for SDS. 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 €160,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.98 (2.54 in 2025), above the usual 1.5. Short-term debt is 10.2% and cash 5.4% of total assets. 38.4% 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 31-03-2026 was due by 31-10-2026 and was filed on 28-10-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
3 days early
2025
28 days late
2024
41 days late
2023
29 days late
2022
26 days early
2021
32 days early
2020
2 days early
← 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 5 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 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 28 November (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0479163073
2 managers resigning, 2 directors reappointed
Resignations: SCHOCKAERT Danny (director, formerly manager) and DE SMET Griet (director, formerly manager) · Reappointments: SCHOCKAERT Danny (director) and DE SMET Griet (director) · Director discharge: SCHOCKAERT Danny · General meeting of 08-11-2021 · Gazette deed
Capital decrease of €189,000 to €622,000
Capital from €811,000 to €622,000 · General meeting of 05-06-2018 · Gazette deed
Amendment of the articles
General meeting of 23-11-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SDS Erpe-Mere | €3.0m | €1.0m | 61.6% | 9.5 |
| SUPERETTE A.C. Koksijde | €3.0m | €1.0m | 33.7% | 10.3 |
| RYHOVE RETAIL Ghent | €2.2m | €0.7m | 20.0% | 8.6 |
| De Echte Bakker Dendermonde | €1.6m | €1.0m | 36.2% | 10.8 |
| SUPERETTE VAN DIJCK Willebroek | €2.1m | €0.9m | 67.8% | 9.1 |
| SUSKE / Ice-Kimo Sint-Gillis (bij-Brussel) | €2.3m | €1.0m | 37.5% | 8.2 |
| 'T CHARCUTERIETJE Kuurne | €2.4m | €0.9m | 52.0% | 8.1 |
These companies have the same main activity as SDS: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €1.6m and €3m, founded between 2001 and 2004.
Official details
Source: KBO- Status
- Active since 27-12-2002Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
- Joint committees
- 119Food trade
- 201Independent retail · annual accounts 31-03-2024
- Establishment unit
- 2.114.738.1749420 Erpe-Mere, since 27-12-2002
- Financial year end
- 31 March
- Peppol
- Reachable since 06-12-2024
Annual accounts to 31-03-2026
- ≈ €6.8mestimated
- €3.0m▲ 12.7%
- Employeeson 31-03-2026
- 11▼ 8.3%
- Filing
- Filed on 28-10-2026, 3 days before the end of the filing period
Insights on SDS
SDS files the abbreviated format. That format states no turnover. The gross margin rose from €433,017 in 2006 to €1.0m in 2026.
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 SDS
- What is the company number of SDS?
- The company number of SDS is 0479.163.073. The VAT number is the same number with BE in front: BE 0479.163.073.
- Where is SDS based?
- The registered office is at Landsheerstraat 60, 9420 Erpe-Mere.Company details
- What does SDS do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of SDS?
- SDS is a private limited company (BV).
- When was SDS founded?
- SDS was founded on 27-12-2002.
- Is SDS still active?
- Yes, SDS is an active enterprise in the KBO register.
- How many employees does SDS have?
- SDS had an average of 9.5 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does SDS fall under?
- In its 31-03-2024 annual accounts, SDS states joint committees 119 (Food trade) and 201 (Independent retail).
- What is the turnover of SDS?
- The turnover in financial year 2026 is ≈ €6.8m. This figure is estimated from the gross margin of €1.0m and 30 comparable companies (NACE 471). It probably lies between €4.2m and €8.3m.
- Is SDS profitable?
- In financial year 2026, SDS made a profit of €276,602.
- Where can I find the annual accounts of SDS?
- SDS filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of SDS due?
- SDS must file the annual accounts for financial year 2027 by 31-10-2027.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 See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.