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SDS.co

Active
Private limited companyfounded 201511 years activeLindelaan 33, 9280 Lebbeke, BelgiumKBO/BCE: BE 0588.993.896
Summary

SDS.co has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112,593 and a net result of €29,064. Equity is growing by ~28.8% per year across the filed fiscal years. Its solvency ranks better than 23% of 33,994 sector peers (NACE 43, fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€524,009total assets 2025
Staff
3.2 FTE
Equity
€112,593
Profit
€29,064
Turnover not published (abridged schema)
Financial health
66 Healthy Checked score 2025
Bankruptcy probability, 12 months
1.0%
Structure
Accounts 158 days early0 of 3 deeds read
Why 66- 2 of the last 3 late- Sector Specialised construction activities (NACE 43)- Liquidity: current ratio 1.55, cash €9,103, halved+ Size: total assets €524,009Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 47% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 46-6
equity 21.5% of total assets
Liquidity 46+1
short-term debt 20.2% · cash 1.7%
Profitability 76+3
return on assets 5.5%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,513 companies)
Last 24 months 11-2024: 3.0% 12-2024: 4.0%▲ +1.0 percentage point vs 11-2024 01-2025: 5.7%▲ +1.7 percentage points vs 12-2024 02-2025: 5.7%● unchanged vs 01-2025 03-2025: 5.9%▲ +0.2 percentage points vs 02-2025highest value 04-2025: 5.4%▼ -0.5 percentage points vs 03-2025 05-2025: 5.4%● unchanged vs 04-2025 06-2025: 5.3%▼ -0.1 percentage points vs 05-2025 07-2025: 2.8%▼ -2.5 percentage points vs 06-2025 08-2025: 3.4%▲ +0.6 percentage points vs 07-2025 09-2025: 4.0%▲ +0.6 percentage points vs 08-2025 10-2025: 1.1%▼ -2.9 percentage points vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.2%▲ +0.1 percentage points vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.1%▼ -0.1 percentage points vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.0%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: 1.0%● unchanged vs 05-2026lowest value 07-2026: 1.0%● unchanged vs 06-2026lowest value 08-2026: 1.0%● unchanged vs 07-2026lowest value 09-2026: 1.0%● unchanged vs 08-2026lowest value 10-2026: 1.0%● unchanged vs 09-2026lowest value
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.19 in 2024; short-term debt: 20.2% and cash: 1.7% of total assets), but 78.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 23% on solvency, 36% on liquidity, 50% on profitability and 77% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · 2 of the last 3 late
NBB · filings
raises risk · Sector Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €524,009
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.55, cash €9,103, halved
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 33994 sector peers (2025).
NBB · sector comparison
Position among 33994 sector peers
Solvency
better than 23%
← weakest strongest →
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 23-02-2026, 158 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
158 days early
2024
61 days late
2023
306 days late
2022
32 days late
2021
31 days late
2020
31 days late
2019
31 days late
← 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 48 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% 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 1 September (4 of the last 5 filed years within 190 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Highest result since 2018net €29,064 ▲180%
  3. Equity above €100,000Eq €112,593 ▲34.8%

Key points

  • Among the largest 9% on gross marginsector median €39,022 · 33,954 companies €218,708 View
  • Total assets 20256 fiscal years filed €524,009 View
  • Active since 2015founded 29-01-2015 11 years View

By topic

Financials

Fiscal year
2025
Total assets
€524,009
Profit
€29,064
Solvency
21.5%
Total assets▲ 72.2%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 30-09-2025Annual accounts filed
  2. 02-06-2025Annual accounts filed
  3. 01-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
29-01-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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