Financials
- Financial year
- 2024
- Total assets
- €116,132
- Loss
- -€11,975
- Solvency
- 64.2%
SDZ Projects
ActiveSummary
The computed 12-month bankruptcy probability of SDZ Projects is 2.4% (moderate). The 2024 annual accounts show equity of €74,577 and a net result of -€11,975. Its solvency ranks better than 78% of 490 sector peers (NACE 42, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Construction of utility projects for electricity and telecommunications
NACE 42220
1 site
Size
€116,132total assets 2024
- Equity
- €74,577
- Loss
- -€11,975
Turnover not published (abbreviated format)
Structure
- Holdings
- 1
2024 accounts filed 18 days late2 deeds in the Belgian Official Gazette
Why 52raises riskFigures for financial year 2024 (filed 19-08-2025)Founded in 20211 financial year not filed after the legal deadline; last filed accounts filed 18 days latelowers riskLiquidity: current ratio 0.71, cash €16,389Show the evidence
Checked score
Score 2024
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 47% of its sector peers (NACE 42, micro)
Financial strength
Average
Solvency
89
equity 64.2% of total assets
Liquidity
55
short-term debt 30.0% · cash 14.1%
Profitability
6
return on assets -10.3%
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 7.0%highest value
12-2024: 6.2%▼ -0.8 percentage points vs 11-2024
01-2025: 6.2%● unchanged vs 12-2024
02-2025: 6.2%● unchanged vs 01-2025
03-2025: 6.2%● unchanged vs 02-2025
04-2025: 6.0%▼ -0.2 percentage points vs 03-2025
05-2025: 5.8%▼ -0.2 percentage points vs 04-2025
06-2025: 5.8%● unchanged vs 05-2025
07-2025: 5.8%● unchanged vs 06-2025
08-2025: 5.9%▲ +0.1 percentage points vs 07-2025
09-2025: 0.8%▼ -5.1 percentage points vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.7%▼ -0.1 percentage points vs 01-2026lowest value
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.8%▲ +0.1 percentage points vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 1.3%▲ +0.5 percentage points vs 07-2026
09-2026: 1.5%▲ +0.2 percentage points vs 08-2026
10-2026: 2.4%▲ +0.9 percentage points vs 09-2026
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.71, below 1; short-term debt: 30% and cash: 14.1% of total assets), and 35.8% 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 42, micro): better than 72% on solvency, 57% on liquidity and 11% on profitability.
The bankruptcy probability was computed on 25-10-2026 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 risk
raises risk · 2024 accounts filed 18 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2024
18 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 18 days after the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
By topic
Board & ownership
- Known shareholders
- 100%
Network & group
- Subsidiaries
- 1
1 subsidiary
Timeline
- Events
- 1
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Construction of utility projects for electricity and telecommunicationsNACE 42220
- Founded
- 07-04-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about SDZ Projects
- What is the company number of SDZ Projects?
- 0766.425.803. In Belgium the VAT number is the company number with BE in front: BE 0766.425.803.
- Where is SDZ Projects based?
- The registered office is at Heikant 90, 9240 Zele.Company details
- What does SDZ Projects do?
- According to the KBO register, the main activity is construction of utility projects for electricity and telecommunications (NACE 42220).
- What is the legal form of SDZ Projects?
- Private limited company (BV).
- When was SDZ Projects founded?
- On 07-04-2021.
- Is SDZ Projects still active?
- Yes, SDZ Projects is an active enterprise in the KBO register.
- What is the turnover of SDZ Projects?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is SDZ Projects profitable?
- In financial year 2024, SDZ Projects made a loss of €11,975.
- Where can I find the annual accounts of SDZ Projects?
- SDZ Projects filed 1 annual account with the National Bank of Belgium, for financial year 2024.
Companies related to SDZ Projects
Subsidiaries and holdings
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