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SDW - THUISVERPLEGING

Active
Private limited companyfounded 200917 yrs activeHeirstraat (APP) 122, 9200 Dendermonde, BelgiumKBO/BCE: BE 0809.909.616
Summary

SDW - THUISVERPLEGING has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€13,400) and a net result of €17,411. Equity is shrinking by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 2422 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
59 / 100
Fair
Negative equity caps the score. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+42
Solvency22▼-16
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.44 against 1.37 in 2024; short-term debt: 39.1% and cash: 1.5% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-3.3%
Return on assets
4.3%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 2422 sector peers (2025).
NBB · sector comparison
Position among 2422 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-09-2026, 230 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
230 d late
2024
388 d late
2023
on the day
2022
1 d early
2021
74 d late
2020
1 d late
2019
129 d 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 117 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 15 April (4 of the last 5 filed years within 156 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 19 February 2009, SDW - THUISVERPLEGING was incorporated.1 Total assets went from EUR 656,542 in 2019 to EUR 407,325 in 2025 and headcount from 3.2 to 3.5 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
€633,564
EBIT margin
16.5%
Net result
€17,411
2024 · -€36,378
Working capital
€69,304▼ 32.3%
2024 · €102,398
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover
Operating result€217,547▲ 108%€98,510▼ 54.7%-€69,551-€15,246▲ 78.1%€32,698
Net result€147,006above the sector's middle half▲ 411%€42,854within the sector's middle half▼ 70.8%-€82,932below the sector's middle half-€36,378below the sector's middle half▲ 56.1%€17,411below the sector's middle half
EBIT margin
Equity€245,645within the sector's middle half▲ 18.3%€198,499within the sector's middle half▼ 19.2%€115,567below the sector's middle half▼ 41.8%€82,189within the sector's middle half▼ 28.9%-€13,400below the sector's middle half
Total assets€789,431above the sector's middle half▲ 6.4%€681,718above the sector's middle half▼ 13.6%€845,388within the sector's middle half▲ 24.0%€621,244above the sector's middle half▼ 26.5%€407,325within the sector's middle half▼ 34.4%
Debt€543,786▲ 1.7%€483,219▼ 11.1%€729,821▲ 51.0%€539,055▼ 26.1%€420,725▼ 22.0%
Working capital€178,401within the sector's middle half▲ 17.3%€132,964within the sector's middle half▼ 25.5%€116,203within the sector's middle half▼ 12.6%€102,398within the sector's middle half▼ 11.9%€69,304within the sector's middle half▼ 32.3%
Solvency31.1%below the sector's middle half▲ 3.1pp29.1%below the sector's middle half▼ 2.0pp13.7%below the sector's middle half▼ 15.4pp13.2%below the sector's middle half▼ 0.4pp-3.3%below the sector's middle half▼ 16.5pp
Current ratio1.69within the sector's middle half▲ 0.041.49within the sector's middle half▼ 0.201.32below the sector's middle half▼ 0.171.37below the sector's middle half▲ 0.051.44within the sector's middle half▲ 0.07
Return on assets (ROA)18.6%within the sector's middle half▲ 14.7pp6.3%below the sector's middle half▼ 12.3pp-9.8%below the sector's middle half▼ 16.1pp-5.9%below the sector's middle half▲ 4.0pp4.3%below the sector's middle half▲ 10.1pp
Staff (FTE)3.15.8▲ 87.1%3.7within the sector's middle half▼ 36.2%4.9▲ 32.4%3.5within the sector's middle half▼ 28.6%
above within below the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000Operating result 2021: €217,547€217,547Net result 2021: €147,006€147,006Operating result 2022: €98,510€98,510Net result 2022: €42,854€42,854Operating result 2023: -€69,551-€69,551Net result 2023: -€82,932-€82,932Operating result 2024: -€15,246-€15,246Net result 2024: -€36,378-€36,378Operating result 2025: €32,698€32,698Net result 2025: €17,411€17,41120212022202320242025-€100,000-€50,000€0€50,000Operating result 2023: -€69,551-€69,600Net result 2023: -€82,932-€82,900Operating result 2024: -€15,246-€15,200Net result 2024: -€36,378-€36,400Operating result 2025: €32,698€32,700Net result 2025: €17,411€17,400202320242025
The operating result returns to profit in 2025: €32,698 after a loss of €15,246 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €407,325
Fixed assets €178,917 ▼ 26.2%
Current assets €228,409 ▼ 39.7%
Equity and liabilities
Equity-€13,400
Debt€420,725
Equity is negative: debt (€420,725) exceeds the balance-sheet total (€407,325).
Key figures and ratios
2025 value · change against 2024
EBITDA
€97,575▲
2024 · €54,322
Cash flow
€82,288▲
2024 · €33,190
Quick ratio
1.43▲
2024 · 1.37
Interest coverage
6.38▲
2024 · 2.43
Debt ≤ 1 year
€159,104▼
2024 · €276,450
Debt > 1 year
€261,620▼
2024 · €262,604
Staff costs
€395,832▲
2024 · €271,471
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,379 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit under 5% of the balance sheet
2.4% went bankrupt
3.2% stopped otherwise
94% still going

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

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 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% 1.0%
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% 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 1,379 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€621,244€407,325▼
Fixed assets21/28€242,395€178,917▼
Intangible fixed assets21€238€159▼
Tangible fixed assets22/27€242,157€178,758▼
Land and buildings22€85,987€32,566▼
Plant, machinery and equipment23€6,818-
Furniture and vehicles24€144,684€95,773▼
Leasing and similar rights25-€50,419
Other tangible fixed assets26€4,668-
Current assets29/58€378,849€228,409▼
Stocks and contracts in progress3€875€875=
Stocks30/36€875€875=
Amounts receivable within one year40/41€334,621€209,794▼
Trade receivables40€209,794€209,794=
Other amounts receivable41€124,828-
Cash at bank and in hand54/58€40,197€6,073▼
Deferred charges and accrued income490/1€3,156€11,667▲
Equity and liabilities
Total equity and liabilities10/49€621,244€407,325▼
Equity10/15€82,189-€13,400▼
Contributions10/11€15,400€15,400=
Outside capital11-€15,400
Other1109/19-€15,400
Reserves13€154,860€41,860▼
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Tax-exempt reserves132€10,000€10,000=
Distributable reserves133€143,000€30,000▼
Profit (loss) carried forward14-€88,071-€70,660▲
Amounts payable17/49€539,055€420,725▼
Amounts payable after more than one year17€262,604€261,620▼
Financial debts170/4€262,604€261,620▼
Amounts payable within one year42/48€276,450€159,104▼
Current portion of amounts payable after more than one year42€107,851€2,432▼
Financial debts43€254-
Credit institutions430/8€254-
Trade debts44€86,187€91,863▲
Suppliers440/4€86,187€91,863▲
Taxes, remuneration and social security45€82,158€51,367▼
Taxes450/3€32,586€8,600▼
Remuneration and social security454/9€49,571€42,767▼
Other amounts payable47/48€0€13,442▲
Income statement Code20242025
Non-recurring operating income76A€3,919-
Remuneration, social security and pensions62€271,471€395,832▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69,567€64,877▼
Other operating charges640/8€6,766€5,834▼
Non-recurring operating charges66A€0-
Gross operating margin9900€332,559€499,241▲
Operating profit (loss)9901-€15,246€32,698▲
Financial income75/76B€1,823€0▼
Recurring financial income75€1,823€0▼
Financial charges65/66B€22,346€15,288▼
Recurring financial charges65€22,346€15,288▼
Profit (loss) for the period before taxes9903-€35,769€17,411▲
Income taxes67/77€609-
Profit (loss) for the period9904-€36,378€17,411▲
Profit (loss) for the period to be appropriated9905-€36,378€17,411▲
Appropriation of the result
Profit (loss) to be appropriated9906-€88,071-€64,355▲
Profit (loss) brought forward from the previous period14P-€51,693-€81,766▼
Profit to be distributed694/7-€6,305
Other beneficiaries697-€6,305

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A€5,000€18,538€0€3,919--
Remuneration, social security and pensions62€169,398€170,989€214,489€271,471€395,832▲ 45.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63,400€50,666€57,366€69,567€64,877▼ 6.7%
Other operating charges640/8€7,641€20,159€24,852€6,766€5,834▼ 13.8%
Non-recurring operating charges66A€12,597€7,113€169,387€0--
Gross operating margin9900€470,584€347,438€396,542€332,559€499,241▲ 50.1%
Operating profit (loss)9901€217,547€98,510-€69,551-€15,246€32,698▲ 314%
Financial income75/76B€14,498€5,777€4,026€1,823€0▼ 100.0%
Recurring financial income75€14,498€5,777€4,026€1,823€0▼ 100.0%
Financial charges65/66B€20,422€11,642€16,506€22,346€15,288▼ 31.6%
Recurring financial charges65€15,290€11,392€16,506€22,346€15,288▼ 31.6%
Non-recurring financial charges66B€5,132€250€0---
Profit (loss) for the period before taxes9903€211,623€92,645-€82,031-€35,769€17,411▲ 149%
Income taxes67/77€64,617€49,791€901€609--
Profit (loss) for the period9904€147,006€42,854-€82,932-€36,378€17,411▲ 148%
Profit (loss) for the period to be appropriated9905€147,006€42,854-€82,932-€36,378€17,411▲ 148%
Line20212022202320242025Change
Assets
Total assets20/58€789,431€681,718€845,388€621,244€407,325▼ 34.4%
Fixed assets21/28€351,745€275,582€365,158€242,395€178,917▼ 26.2%
Intangible fixed assets21€7,832€475€318€238€159▼ 33.3%
Tangible fixed assets22/27€343,912€275,107€364,840€242,157€178,758▼ 26.2%
Land and buildings22€185,212€170,272€155,336€85,987€32,566▼ 62.1%
Plant, machinery and equipment23€24,436€22,007€50,136€6,818--
Furniture and vehicles24€134,264€82,828€159,368€144,684€95,773▼ 33.8%
Leasing and similar rights25----€50,419-
Other tangible fixed assets26---€4,668--
Current assets29/58€437,686€406,136€480,230€378,849€228,409▼ 39.7%
Stocks and contracts in progress3€5,394€17,403€18,792€875€875=
Stocks30/36€5,394€17,403€18,792€875€875=
Amounts receivable within one year40/41€241,041€292,127€435,463€334,621€209,794▼ 37.3%
Trade receivables40€97,138€52,908€303,434€209,794€209,794=
Other amounts receivable41€143,903€239,219€132,029€124,828--
Cash at bank and in hand54/58€189,722€89,401€25,602€40,197€6,073▼ 84.9%
Deferred charges and accrued income490/1€1,530€7,205€374€3,156€11,667▲ 270%
Equity and liabilities
Total equity and liabilities10/49€789,431€681,718€845,388€621,244€407,325▼ 34.4%
Equity10/15€245,645€198,499€115,567€82,189-€13,400▼ 116%
Contributions10/11€12,400€12,400€12,400€15,400€15,400=
Outside capital11----€15,400-
Other1109/19----€15,400-
Reserves13€154,860€154,860€154,860€154,860€41,860▼ 73.0%
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Tax-exempt reserves132€10,000€10,000€10,000€10,000€10,000=
Distributable reserves133€143,000€143,000€143,000€143,000€30,000▼ 79.0%
Profit (loss) carried forward14€78,385€31,239-€51,693-€88,071-€70,660▲ 19.8%
Amounts payable17/49€543,786€483,219€729,821€539,055€420,725▼ 22.0%
Amounts payable after more than one year17€284,458€210,046€365,794€262,604€261,620▼ 0.4%
Financial debts170/4€284,458€210,046€365,794€262,604€261,620▼ 0.4%
Amounts payable within one year42/48€259,286€273,172€364,027€276,450€159,104▼ 42.4%
Current portion of amounts payable after more than one year42€85,671€70,945€126,395€107,851€2,432▼ 97.7%
Financial debts43---€254--
Credit institutions430/8---€254--
Trade debts44€12,284€17,857€47,937€86,187€91,863▲ 6.6%
Suppliers440/4€12,284€17,857€47,937€86,187€91,863▲ 6.6%
Taxes, remuneration and social security45€52,331€114,796€32,808€82,158€51,367▼ 37.5%
Taxes450/3€35,515€106,283€14,691€32,586€8,600▼ 73.6%
Remuneration and social security454/9€16,816€8,513€18,117€49,571€42,767▼ 13.7%
Other amounts payable47/48€109,000€69,574€156,887€0€13,442-
Accrued charges and deferred income492/3€42-----
Line20212022202320242025Change
Profit (loss) for the period9904€147,006€42,854-€82,932-€36,378€17,411▲ 148%
+ Depreciation and write-downs630€63,400€50,666€57,366€69,567€64,877▼ 6.7%
Operating cash flow (approximation)€210,406€93,520-€25,566€33,190€82,288▲ 148%
Investment in fixed assets (approximation)-€25,497-€146,942€53,196-€1,398▼ 103%
Change in cash--€100,321-€63,799€14,595-€34,123▼ 334%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
18-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 230 days late
23-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 388 days late
2025
30-06
Financial Back to profitnet €17,411
Net result €17,411 after 2 loss-making years.
2024
31-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial Weakest financial yearnet -€82,932
Net result drops to -€82,932, the lowest in the series; recovery starts the following year.
30-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
15-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
2021
30-06
Financial Highest result since 2019net €147,006 ▲411%
Operating result €217,547, net result €147,006, both a record.
01-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-06
Financial Equity above €200,000Eq €207,640 ▲16.1%
2 profitable years in a row build equity to €207,640.
08-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 129 days late
2019
29-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2018
31-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Dendermonde · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
614 m²
Building footprint
146 m²
Volume, LiDAR
719 m³
Parcel 42001B0168/00P000, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SDW-PROJECTS / SDW-THUISVERPLEGING
Heirstraat (APP) 122, 9200 DendermondeJoinery installation
since 20132.231.951.390
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42001B0168/00P000 Flanders 614 m² 1 · 146 m² 10.1 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

The accounts to 30-06-2023 list no holdings, and no other source names one.

According to the annual accounts to 30-06-2023 of SDW - THUISVERPLEGING and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Subsidies and aid

Flemish government

2022 to 2024 · 2 entries · 565 EUR awarded · 216 EUR paid
Year Entries awardedpaid
2024 1 349 EUR0 EUR
2022 1 216 EUR216 EUR
Schemes
2 entries · 565 EUR · 216 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 5,986 companies in this sector we hold annual accounts for 1,813. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded19-02-2009
Fiscal year end30-06
Activities, NACEBEL 2025
86940Nursing and midwifery
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 1 October 2026 · Peppol Directory

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