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SDS-Construct

Active
Private limited companyfounded 2017active for 8 yearsGentstraat 75, 9041 Gent, BelgiumKBO/BCE: BE 0685.944.507
Summary

SDS-Construct has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €250,464 and a net result of €120,394. Equity is growing by about 40% per year across the filed financial years. Its solvency ranks better than 59% of 34,747 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Other specialised construction activities
NACE 43990General construction of residential buildings NACE 41001
1 site
Size
≈ €860,000turnover 2025, estimated
Staff
1 FTE
Equity
€250,464
Profit
€120,394
Turnover estimated from the gross margin
Financial health
83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
2025 accounts 91 days early1 of 4 deeds summarised
Why 83raises risk1 of the last 3 lateSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €460,394Equity €250,464 (54.4% of total assets)Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 66% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 79+19
equity 54.4% of total assets
Liquidity 38+13
short-term debt 45.6% · cash 8.5%
Profitability 100+49
return on assets 26.2%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,658 companies, NACE 43, micro)
Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 0.9%▼ -0.1 percentage points vs 02-2025 04-2025: 1.0%▲ +0.1 percentage points vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025 08-2025: 1.5%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 1.4%▼ -0.1 percentage points vs 08-2025 10-2025: 1.4%● unchanged vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.2%▼ -0.2 percentage points vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 0.6%▼ -0.6 percentage points vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026lowest value
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.01, compared with 1.42 in 2024, above the usual 1.5; short-term debt: 45.6% and cash: 8.5% of total assets), and 45.6% of the assets are financed with debt and provisions.
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 59% on solvency, 27% on liquidity, 92% on profitability and 87% on growth.

The bankruptcy probability was computed on 28-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · 1 of the last 3 late
NBB · filings
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €460,394
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €250,464 (54.4% of total assets)
NBB · annual accounts
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 01-05-2026, 91 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
91 days early
2024
17 days early
2023
31 days late
2022
31 days late
2021
71 days late
2020
16 days late
2019
28 days early
← 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 2 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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 31 August (4 of the last 5 filed years within 48 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Resignation: Salek Michal (statutory manager)Appointment: Salek Michal (director) ·…
  3. Highest result from 2018 to 2025net €120,394 ▲4,730%

Financials · financial year 2025, micro format

Turnover
≈ €860,000
Estimated: probably between €550,000 and €1.5m
Total assets
€460,394▲ 6.6%
2024 · €431,912
Net result
€120,394▲ 48×
2024 · €2,492
Working capital
€211,867▲ 86.9%
2024 · €113,383
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 582 times 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€150,642 2025 Net result€120,394 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€22,908-€39,363▲ 71.8%-€5,001€53,683€48,365▼ 9.9%€81,389▲ 68.3%€259▼ 99.7%€150,642▲ 582×
Net result€13,732-€23,151▲ 68.6%-€2,522below the sector's middle half€34,962within the sector's middle half€30,582above the sector's middle half▼ 12.5%€55,473above the sector's middle half▲ 81.4%€2,492within the sector's middle half▼ 95.5%€120,394above the sector's middle half▲ 48×
Equity€20,032-€41,582▲ 108%€39,060below the sector's middle half▼ 6.1%€74,022below the sector's middle half▲ 89.5%€104,605within the sector's middle half▲ 41.3%€160,078above the sector's middle half▲ 53.0%€150,070above the sector's middle half▼ 6.3%€250,464above the sector's middle half▲ 66.9%
Total assets€116,267-€177,181▲ 52.4%€194,965below the sector's middle half▲ 10.0%€282,708below the sector's middle half▲ 45.0%€303,555above the sector's middle half▲ 7.4%€343,878above the sector's middle half▲ 13.3%€431,912above the sector's middle half▲ 25.6%€460,394above the sector's middle half▲ 6.6%
Debt€96,236-€135,599▲ 40.9%€155,905▲ 15.0%€208,685▲ 33.9%€198,950▼ 4.7%€183,801▼ 7.6%€281,842▲ 53.3%€209,931▼ 25.5%
Working capital€20,032-€6,183▼ 69.1%€7,363below the sector's middle half▲ 19.1%€52,205within the sector's middle half▲ 609%€101,511above the sector's middle half▲ 94.4%€158,041above the sector's middle half▲ 55.7%€113,383above the sector's middle half▼ 28.3%€211,867above the sector's middle half▲ 86.9%
Solvency17.2%-23.5%▲ 6.2pp20.0%below the sector's middle half▼ 3.4pp26.2%within the sector's middle half▲ 6.1pp34.5%within the sector's middle half▲ 8.3pp46.6%within the sector's middle half▲ 12.1pp34.7%within the sector's middle half▼ 11.8pp54.4%within the sector's middle half▲ 19.7pp
Current ratio1.21-1.05▼ 0.161.05below the sector's middle half▲ 0.011.27within the sector's middle half▲ 0.211.54within the sector's middle half▲ 0.271.89within the sector's middle half▲ 0.351.42within the sector's middle half▼ 0.472.01within the sector's middle half▲ 0.59
Return on assets (ROA)11.8%-13.1%▲ 1.3pp-1.3%below the sector's middle half▼ 14.4pp12.4%within the sector's middle half▲ 13.7pp10.1%within the sector's middle half▼ 2.3pp16.1%within the sector's middle half▲ 6.1pp0.6%within the sector's middle half▼ 15.6pp26.2%above the sector's middle half▲ 25.6pp
Staff (FTE)0.40.6below the sector's middle half1▲ 66.7%1=1=1=
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €460,394
Fixed assets €38,597 ▼ 18.5%
Current assets €421,797 ▲ 9.7%
Equity and liabilities €460,394
Equity €250,464 ▲ 66.9%
Debt €209,931 ▼ 25.5%
Debt's share of the balance-sheet total falls from 65.3% to 45.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€164,397▲
2024 · €9,371
Cash flow
€134,149▲
2024 · €11,604
Quick ratio
1.22▲
2024 · 0.93
Debt to equity
0.84▼
2024 · 1.88
ROE
48.1%▲
2024 · 1.7%
Interest coverage
59.33▲
2024 · 3.82
Debt ≤ 1 year
€209,931▼
2024 · €271,176
Debt > 1 year
€0▼
2024 · €10,666
Income taxes
€35,769▲
2024 · €2,230
Staff costs
€23,543▼
2024 · €23,738
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,972 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,972 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet Code20242025
Assets
Total assets20/58€431,912€460,394▲
Fixed assets21/28€47,353€38,597▼
Intangible fixed assets21-€4,860
Tangible fixed assets22/27€46,948€33,332▼
Plant, machinery and equipment23€1,399€932▼
Furniture and vehicles24€41,765€32,400▼
Leasing and similar rights25€3,784€0▼
Financial fixed assets28€405€405=
Current assets29/58€384,559€421,797▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€131,677€164,815▲
Stocks30/36€17,000€15,000▼
Contracts in progress37€114,677€149,815▲
Amounts receivable within one year40/41€224,350€217,480▼
Trade receivables40€49,920€17,569▼
Other amounts receivable41€174,430€199,912▲
Cash at bank and in hand54/58€28,225€39,289▲
Deferred charges and accrued income490/1€307€213▼
Equity and liabilities
Total equity and liabilities10/49€431,912€460,394▲
Equity10/15€150,070€250,464▲
Contributions10/11€6,300€6,300=
Reserves13€142,046€244,146▲
Non-distributable reserves130/1€1,000€1,000=
Reserves not available under the articles1311€1,000€1,000=
Distributable reserves133€141,046€243,146▲
Profit (loss) carried forward14€1,725€18▼
Amounts payable17/49€281,842€209,931▼
Amounts payable after more than one year17€10,666€0▼
Financial debts170/4€10,666€0▼
Amounts payable within one year42/48€271,176€209,931▼
Current portion of amounts payable after more than one year42€15,591€7,629▼
Financial debts43€5,000€5,000=
Credit institutions430/8€5,000€5,000=
Trade debts44€215,817€162,938▼
Suppliers440/4€215,817€162,938▼
Taxes, remuneration and social security45€34,768€14,364▼
Taxes450/3€29,267€8,468▼
Remuneration and social security454/9€5,501€5,896▲
Other amounts payable47/48-€20,000
Income statement Code20242025
Remuneration, social security and pensions62€23,738€23,543▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,112€13,756▲
Other operating charges640/8€3,132€19,552▲
Gross operating margin9900€36,241€207,493▲
Operating profit (loss)9901€259€150,642▲
Financial income75/76B€6,916€8,292▲
Recurring financial income75€6,916€8,292▲
Financial charges65/66B€2,453€2,771▲
Recurring financial charges65€2,453€2,771▲
Profit (loss) for the period before taxes9903€4,722€156,163▲
Income taxes67/77€2,230€35,769▲
Profit (loss) for the period9904€2,492€120,394▲
Profit (loss) for the period to be appropriated9905€2,492€120,394▲
Appropriation of the result
Profit (loss) to be appropriated9906€4,217€122,118▲
Profit (loss) brought forward from the previous period14P€1,725€1,725=
Transfer from equity791/2€12,500€20,000▲
Transfer to equity691/2€2,492€122,100▲
To other reserves6921€2,492€122,100▲
Profit to be distributed694/7€12,500€20,000▲
Return on contributions (dividend)694€12,500€20,000▲

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€20,070€21,448€23,719€23,738€23,543▼ 0.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€8,800€9,065€12,850€4,083€4,083€9,112€13,756▲ 51.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€4,144€0---
Other operating charges640/8---€5,974€1,571€1,901€3,132€19,552▲ 524%
Non-recurring operating charges66A----€3,634€0---
Gross operating margin9900€23,386€70,123€26,004€92,577€83,244€111,092€36,241€207,493▲ 473%
Operating profit (loss)9901€22,908€39,363-€5,001€53,683€48,365€81,389€259€150,642▲ 582×
Financial income75/76B---€3,826€4,482€4,290€6,916€8,292▲ 19.9%
Recurring financial income75€42€0€4,404€3,826€4,482€4,290€6,916€8,292▲ 19.9%
Financial charges65/66B---€1,039€2,569€1,564€2,453€2,771▲ 12.9%
Recurring financial charges65€294€317€235€1,039€2,569€1,564€2,453€2,771▲ 12.9%
Profit (loss) for the period before taxes9903€22,655€39,046-€832€56,471€50,278€84,115€4,722€156,163▲ 33×
Income taxes67/77€8,924€15,895€1,691€21,509€19,696€28,642€2,230€35,769▲ 16×
Profit (loss) for the period9904€13,732€23,151-€2,522€34,962€30,582€55,473€2,492€120,394▲ 48×
Profit (loss) for the period to be appropriated9905€13,732€23,151-€2,522€34,962€30,582€55,473€2,492€120,394▲ 48×
Line20182019202020212022202320242025Change
Assets
Total assets20/58€116,267€177,181€194,965€282,708€303,555€343,878€431,912€460,394▲ 6.6%
Fixed assets21/28-€35,400€46,582€33,938€12,321€8,239€47,353€38,597▼ 18.5%
Intangible fixed assets21-------€4,860-
Tangible fixed assets22/27-€35,200€46,382€33,533€11,916€7,834€46,948€33,332▼ 29.0%
Plant, machinery and equipment23---€66€33€0€1,399€932▼ 33.4%
Furniture and vehicles24---€17,534€0-€41,765€32,400▼ 22.4%
Leasing and similar rights25---€15,933€11,883€7,834€3,784€0▼ 100%
Financial fixed assets28-€200€200€405€405€405€405€405=
Current assets29/58€116,267€141,781€148,383€248,770€291,233€335,640€384,559€421,797▲ 9.7%
Amounts receivable after more than one year29---€57,000€30,000€15,000€0--
Other amounts receivable291---€57,000€30,000€15,000€0--
Stocks and contracts in progress3----€106,989€140,062€131,677€164,815▲ 25.2%
Stocks30/36----€25,000€15,000€17,000€15,000▼ 11.8%
Contracts in progress37----€81,989€125,062€114,677€149,815▲ 30.6%
Amounts receivable within one year40/41€94,437€116,218€76,093€134,462€140,095€137,828€224,350€217,480▼ 3.1%
Trade receivables40---€62,336€48,950€47,440€49,920€17,569▼ 64.8%
Other amounts receivable41---€72,126€91,145€90,388€174,430€199,912▲ 14.6%
Cash at bank and in hand54/58€21,831€25,563€40,659€53,545€11,356€42,199€28,225€39,289▲ 39.2%
Deferred charges and accrued income490/1---€3,764€2,793€550€307€213▼ 30.6%
Equity and liabilities
Total equity and liabilities10/49€116,267€177,181€194,965€282,708€303,555€343,878€431,912€460,394▲ 6.6%
Equity10/15€20,032€41,582€39,060€74,022€104,605€160,078€150,070€250,464▲ 66.9%
Contributions10/11€6,300€6,300€6,300€6,300€6,300€6,300€6,300€6,300=
Capital10---€6,300-----
Issued capital100---€6,300-----
Contributions outside capital11----€6,300----
Other1109/19----€6,300----
Reserves13€13,500€33,500€33,500€66,000€96,580€152,053€142,046€244,146▲ 71.9%
Non-distributable reserves130/1---€1,000€1,000€1,000€1,000€1,000=
Legal reserve130---€1,000-----
Reserves not available under the articles1311----€1,000€1,000€1,000€1,000=
Distributable reserves133---€65,000€95,580€151,053€141,046€243,146▲ 72.4%
Profit (loss) carried forward14€232€1,782-€740€1,722€1,725€1,725€1,725€18▼ 98.9%
Amounts payable17/49€96,236€135,599€155,905€208,685€198,950€183,801€281,842€209,931▼ 25.5%
Amounts payable after more than one year17--€14,885€12,120€9,227€6,202€10,666€0▼ 100%
Financial debts170/4---€12,120€9,227€6,202€10,666€0▼ 100%
Amounts payable within one year42/48€96,236€135,599€141,020€196,566€189,723€177,599€271,176€209,931▼ 22.6%
Current portion of amounts payable after more than one year42---€2,765€2,892€3,025€15,591€7,629▼ 51.1%
Financial debts43------€5,000€5,000=
Credit institutions430/8------€5,000€5,000=
Trade debts44€22,760€83,113€90,960€148,240€142,450€130,510€215,817€162,938▼ 24.5%
Suppliers440/4---€148,240€142,450€130,510€215,817€162,938▼ 24.5%
Taxes, remuneration and social security45---€41,017€44,381€44,064€34,768€14,364▼ 58.7%
Taxes450/3---€33,595€39,512€38,645€29,267€8,468▼ 71.1%
Remuneration and social security454/9---€7,422€4,868€5,419€5,501€5,896▲ 7.2%
Other amounts payable47/48---€4,544€0--€20,000-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€13,732€23,151-€2,522€34,962€30,582€55,473€2,492€120,394▲ 48×
+ Depreciation and write-downs630-€8,800€9,065€12,850€4,083€4,083€9,112€13,756▲ 51.0%
Operating cash flow (approximation)€13,732€31,951€6,543€47,812€34,665€59,556€11,604€134,149▲ 12×
Investment in fixed assets (approximation)---€20,248-€205€17,534€0-€48,226-€5,000▲ 89.6%
Change in cash-€3,733€15,096€12,886-€42,189€30,843-€13,974€11,064-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (8)
Financial year Type Filed Reference
31-12-2025 micro format 01-05-2026 2026-00099031
31-12-2024 micro format 14-07-2025 2025-00268035
31-12-2023 micro format 31-08-2024 2024-00425854
31-12-2022 micro format 31-08-2023 2023-00422907
31-12-2021 abbreviated format 10-10-2022 2022-20464000
31-12-2020 abbreviated format 16-08-2021 2021-51100471
31-12-2019 abbreviated format 03-07-2020 2020-26300030
31-12-2018 abbreviated format 28-06-2019 2019-24700254

Similar companies · same sector, comparable size

Of the 15,130 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,447. 5,602 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2026
Salek Michal
Director (not named in the articles) · since 02-02-2026
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
3 of this company's 4 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2026, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Salek Michal
  • Statutory manager, until 02-02-2026
  • Director (not named in the articles), from 02-02-2026 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 02-02-2026 Capital stated in the deed · 186 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

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History

On 14 December 2017, SDS-Construct was incorporated.1 Total assets went from €116,267 in 2018 to €460,394 in 2025 and headcount from 0.4 full-time equivalents in 2019 to 1 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
01-05
NBB filing Annual accounts filed
financial year 2025 · micro format
02-02
Gazette deed Resignation: Salek Michal (statutory manager)
Appointment: Salek Michal (director) · Amendment of the articles · Capital13 facts ▸
  • Amendment of the articles (2 times)
  • Capital
  • Director resignation, Salek Michal (statutory manager)
  • Director discharge, Salek Michal
  • Director appointment, Salek Michal (director (not named in the articles))
  • Registered office clause, “9041 Gent-Oostakker,Gentstraat 75” (deed in Dutch)
  • Power of attorney, Salek Michal
  • General meeting, 28-01-2026
  • Legal-form conversion, “besloten vennootschap” (deed in Dutch)
  • Capital conversion, “van rechtswege, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “eventuele toekomstige bijstortingen van nog niet gestort deel in verleden geplaatst vast kapitaal geboekt op niet-opgevraagde inbrengen, opheffen” (deed in Dutch)
  • Approval, “Vierde besluit, bijzonder verslag bestuursorgaan” (deed in Dutch)
  • +1 further fact in this act
2025
31-12
Financial Highest result from 2018 to 2025net €120,394 ▲4,730%
Operating result €150,642, net result €120,394, both a record.
31-12
Financial Equity above €200,000equity €250,464 ▲66.9%
5 profitable years in a row build equity to €250,464.
14-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 31 days late
2023
31-12
Financial Equity above €150,000equity €160,078 ▲53%
3 profitable years in a row build equity to €160,078.
31-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 31 days late
2022
31-12
Financial Equity above €100,000equity €104,605 ▲41.3%
2 profitable years in a row build equity to €104,605.
10-10
NBB filing Annual accounts filed
financial year 2021 · abbreviated format · 71 days late
2021
31-12
Financial Back to profitnet €34,962
Net result €34,962 after one loss-making year.
16-08
NBB filing Annual accounts filed
financial year 2020 · abbreviated format · 16 days late
Show earlier events
2020
31-12
Financial Weakest financial yearnet -€2,522
Net result drops to -€2,522, the lowest in the series; recovery starts the following year.
03-07
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
2019
28-06
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded14-12-2017
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID 0208:0685944507
Also 9925:BE0685944507
Registered 25-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0685.944.507

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2018
registered office establishment The establishment unit on the map
Ground area
932 m²
Building footprint
185 m²
Building volume
1,573 m³
Parcel 44051D0769/00T000, Flanders · tallest building 9.3 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
SDS-Construct
Gentstraat 75, 9041 GentGeneral construction of residential buildings
since 2018unit no. 2.274.996.923
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44051D0769/00T000 Flanders 931 m² 1 · 185 m² 9.3 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“1.Hetverlenenvandiensten,bijstandenadviezenvantechnischeofcommerciëleaardinbinnen-enbuitenland,inhetalgemeen…” (deed in Dutch)
12 activities (deed in Dutch)
  1. 1.Hetverlenenvandiensten,bijstandenadviezenvantechnischeofcommerciëleaardinbinnen-enbuitenland,inhetalgemeen.
  2. 2.Inverbandmetonroerendegoederen:verwerven,kopen,verkopen,ruilen,huren,verhuren,bouwen,verbouwen,onderhouden,renoveren,decoreren,beheren,inpandgevenenontvangenvanzowelbestaandealsnieuwegebouwenofgebouwendienogniewszijnvoordeBTW-administratie.
  3. 3.Hetuitvoerenv ooreigenrekeningofvoorrekeningvanderdenen/ofindeelnemingmetderden,zowelinBelgiëalsinhetbuitenland,alleverrichtingenenhandelingendierechtstreeksofonrechtstreeksbetrekkinghebbenopalgemenebouwwerkzaamheden,zowelvoorwoningbouw,handel,landbouwofindustriëlebouw,zodanigdateenvolledigafgewerktgebouwkanafgeleverdworden.
  4. 4.Hetaanleggenvanvoetpaden,groenaanleg,nutsvoorzieningen.
  5. 5.Hetuitvoerenvanallepleisterwerkenenschilderwerken.
  6. 6.Hetleggenvantegelvloerenenmozaïk,uitvoerenvanverfwerkzaamhedenbinnenenbuiten,hetplaatsenvanallewand-envloerbekleding.
  7. 7.Hetverrichtenvanslopingswerken,voegwerkenendakwerkenenaanverwanteschrijn-,lood-enzinkwerken.
  8. 8.Hetplaatsenvanchapes,hetbouwenvanstellingen,alsmedehetreinigeneninvoegenvangevels.
  9. 9.Goederenvervoeroverdeweg,o.a.vervoervanboomstammen,vee,auto’s,afval,vervoermetkoelwagens,zwaarinternationaalvervoer,vervoervanbulkgoederen,inclusiefvervoerintankwagens,enz.
  10. 10.Verhuisactiviteiten:verhuizingvanhetmeubilairvanparticulieren,kantoren,werkplaatsenoffabrieken.
  11. 11.Overigeposterijenenkoeriers:verzamelen,vervoerenenafleverenvanbrieven,pakketpostenpakjesdooranderebedrijvendandennationaleposterijen.Erkangebruikwordengemaaktvandiversetakkenvanvervoer.
  12. 12.Groot-enkleinhandelinallerleiproductenviahetinternet(e-commerce)ofanderesoortgelijkekanalen.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
One provision in the deed
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
One provision in the deed

deed of 02-02-2026

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)
“Alle handelingen nodig of nuttig voor verwezenlijking van het voorwerp, behalve deze die de wet of de statuten aan de algemene vergadering…” (deed in Dutch)

deed of 02-02-2026

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Saturday of May at 11:00

deed of 02-02-2026

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Alleen of gezamenlijk, dagelijks bestuurder(s)” (deed in Dutch)
Other provision: “Toegang tot de algemene vergadering” (deed in Dutch)
Other provision: “Bestemming van de winst-reserves-interimdividend, algemene vergadering” (deed in Dutch)
Liquidation distribution: “Na aanzuivering van schulden,lasten en kosten of consignatie, netto actief onder alle aandeelhouders naar verhouding van aantal aandelen” (deed in Dutch)
Other provision: “Alle mededelingen,aanmaningen,dagvaardingen en betekeningen geldig, Woonstkeuze” (deed in Dutch)
Other provision: “Elk betwisting omtrent zaken van de vennootschap en uitvoering van statuten, Gerechtelijke bevoegdheid” (deed in Dutch)
Other provision: “Gemeen recht, bepalingen WVV waarvan niet geldig zou zijn afgeweken” (deed in Dutch)

deed of 02-02-2026