SLD
ActiveSummary
SLD has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.52M and a net result of €423k. Equity is growing by ~23.8% per year across the filed fiscal years. Its solvency ranks better than 79% of 677 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability94▲+10
Solvency96▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 2.84 against 2.05 in 2024; short-term debt: 24.8% and cash: 18.5% of total assets), and 28.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.5%
Return on assets
19.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
53 d early
2023
139 d early
2022
45 d early
2021
17 d early
2020
43 d early
2019
42 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€423k▲ 68.4%
2024 · €251k
2018: €123k
2019: €207k▲ +67.6% vs 2018
2020: €106k▼ -48.5% vs 2019
2021: €32k▼ -69.6% vs 2020lowest in 8 years
2022: €48k▲ +48.3% vs 2021
2023: €353k▲ +635% vs 2022
2024: €251k▼ -28.8% vs 2023
2025: €423k▲ +68.4% vs 2024highest in 8 years
2018 → 2025
Working capital
€970k▲ 39.8%
2024 · €694k
2018: €200klowest in 8 years
2019: €386k▲ +93.2% vs 2018
2020: €508k▲ +31.7% vs 2019
2021: €453k▼ -10.9% vs 2020
2022: €304k▼ -32.8% vs 2021
2023: €430k▲ +41.4% vs 2022
2024: €694k▲ +61.3% vs 2023
2025: €970k▲ +39.8% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€644k-€691k▲ 7.3%€993k▲ 43.6%€1.25M▲ 25.4%€1.52M▲ 21.8%
2021: €644klowest in 5 years
2022: €691k▲ +7.3% vs 2021
2023: €993k▲ +43.6% vs 2022
2024: €1.25M▲ +25.4% vs 2023
2025: €1.52M▲ +21.8% vs 2024highest in 5 years
Operating result€61k-€79k▲ 29.6%€490k▲ 520%€365k▼ 25.5%€536k▲ 46.7%
2021: €61klowest in 5 years
2022: €79k▲ +29.6% vs 2021
2023: €490k▲ +520% vs 2022
2024: €365k▼ -25.5% vs 2023
2025: €536k▲ +46.7% vs 2024highest in 5 years
Net result€32k-€48k▲ 48.3%€353k▲ 635%€251k▼ 28.8%€423k▲ 68.4%
2021: €32klowest in 5 years
2022: €48k▲ +48.3% vs 2021
2023: €353k▲ +635% vs 2022
2024: €251k▼ -28.8% vs 2023
2025: €423k▲ +68.4% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 47% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.12M
Fixed assets
€626k ▼ 3.1%
Current assets
€1.50M ▲ 10.4%
Equity and liabilities €2.12M
Equity
€1.52M ▲ 21.8%
Provisions
€2k ▼ 7.6%
Debt
€604k ▼ 20.1%
Debt's share of the balance-sheet total falls from 37.7% to 28.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€568k▲
2024 · €398k
Cash flow
€455k▲
2024 · €284k
Current ratio
2.84▲
2024 · 2.05
Debt to equity
0.40▼
2024 · 0.61
ROE
27.9%▲
2024 · 20.2%
ROA
19.9%▲
2024 · 12.5%
Interest coverage
62.84▲
2024 · 46.01
Debt ≤ 1 year
€527k▼
2024 · €662k
Debt > 1 year
€76k▼
2024 · €93k
Income taxes
€105k▼
2024 · €108k
Staff costs
€448k▼
2024 · €475k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.00M€2.12M▲
Fixed assets21/28€646k€626k▼
Tangible fixed assets22/27€456k€432k▼
Land and buildings22€435k€410k▼
Plant, machinery and equipment23€5k€5k▼
Furniture and vehicles24€6k€6k▲
Other tangible fixed assets26€11k€11k=
Financial fixed assets28€190k€194k▲
Current assets29/58€1.36M€1.50M▲
Amounts receivable within one year40/41€838k€1.09M▲
Trade receivables40€772k€1.03M▲
Other amounts receivable41€67k€68k▲
Cash at bank and in hand54/58€500k€392k▼
Deferred charges and accrued income490/1€18k€11k▼
Equity and liabilities
Total equity and liabilities10/49€2.00M€2.12M▲
Equity10/15€1.25M€1.52M▲
Contributions10/11€8k€8k=
Reserves13€81k€295k▲
Tax-exempt reserves132€81k€295k▲
Profit (loss) carried forward14€1.15M€1.21M▲
Investment grants15€8k€8k▼
Provisions and deferred taxes16€2k€2k▼
Deferred taxes168€2k€2k▼
Amounts payable17/49€755k€604k▼
Amounts payable after more than one year17€93k€76k▼
Financial debts170/4€93k€76k▼
Amounts payable within one year42/48€662k€527k▼
Current portion of amounts payable after more than one year42€18k€18k=
Financial debts43€20k€20k▼
Credit institutions430/8€20k€20k▼
Trade debts44€362k€291k▼
Suppliers440/4€362k€291k▼
Taxes, remuneration and social security45€236k€152k▼
Taxes450/3€160k€80k▼
Remuneration and social security454/9€76k€71k▼
Other amounts payable47/48€26k€45k▲
Accrued charges and deferred income492/3-€998
Income statement
Code20242025
Remuneration, social security and pensions62€475k€448k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€32k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-3k€0▲
Other operating charges640/8€19k€17k▼
Gross operating margin9900€889k€1.03M▲
Operating profit (loss)9901€365k€536k▲
Financial income75/76B€2k€855▼
Recurring financial income75€2k€855▼
Financial charges65/66B€9k€9k▲
Recurring financial charges65€9k€9k▲
Profit (loss) for the period before taxes9903€359k€528k▲
Transfer from deferred taxes780€511€158▼
Income taxes67/77€108k€105k▼
Profit (loss) for the period9904€251k€423k▲
Transfer to tax-exempt reserves689€81k€214k▲
Profit (loss) for the period to be appropriated9905€170k€208k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.15M€1.36M▲
Profit (loss) brought forward from the previous period14P€978k€1.15M▲
Profit to be distributed694/7€0€150k▲
Return on contributions (dividend)694€0€150k▲
Social balance
Average headcount (FTE)908712.111.4▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €318k | €413k | €382k | €475k | €448k | ▼ 5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34k | €30k | €27k | €33k | €32k | ▼ 3.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2k | €-926 | €-3k | €0 | ▲ 100% |
| Other operating charges640/8 | €43k | €10k | €13k | €19k | €17k | ▼ 12.3% |
| Gross operating margin9900 | €456k | €535k | €911k | €889k | €1.03M | ▲ 16.1% |
| Operating profit (loss)9901 | €61k | €79k | €490k | €365k | €536k | ▲ 46.7% |
| Financial income75/76B | €941 | €944 | €942 | €2k | €855 | ▼ 58.8% |
| Recurring financial income75 | €941 | €944 | €942 | €2k | €855 | ▼ 58.8% |
| Financial charges65/66B | €8k | €10k | €8k | €9k | €9k | ▲ 4.3% |
| Recurring financial charges65 | €8k | €10k | €8k | €9k | €9k | ▲ 4.3% |
| Profit (loss) for the period before taxes9903 | €53k | €70k | €483k | €359k | €528k | ▲ 47.1% |
| Transfer from deferred taxes780 | €235 | €235 | €235 | €511 | €158 | ▼ 69.0% |
| Income taxes67/77 | €21k | €23k | €131k | €108k | €105k | ▼ 2.7% |
| Profit (loss) for the period9904 | €32k | €48k | €353k | €251k | €423k | ▲ 68.4% |
| Transfer to tax-exempt reserves689 | - | - | - | €81k | €214k | ▲ 166% |
| Profit (loss) for the period to be appropriated9905 | €32k | €48k | €353k | €170k | €208k | ▲ 22.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.18M | €1.39M | €1.78M | €2.00M | €2.12M | ▲ 6.0% |
| Fixed assets21/28 | €336k | €525k | €674k | €646k | €626k | ▼ 3.1% |
| Tangible fixed assets22/27 | €336k | €425k | €484k | €456k | €432k | ▼ 5.4% |
| Land and buildings22 | €314k | €308k | €460k | €435k | €410k | ▼ 5.7% |
| Plant, machinery and equipment23 | €10k | €7k | €4k | €5k | €5k | ▼ 0.4% |
| Furniture and vehicles24 | €1k | €12k | €9k | €6k | €6k | ▲ 7.5% |
| Other tangible fixed assets26 | €11k | €11k | €11k | €11k | €11k | = |
| Assets under construction and advance payments27 | - | €87k | - | - | - | - |
| Financial fixed assets28 | €180 | €100k | €190k | €190k | €194k | ▲ 2.2% |
| Current assets29/58 | €841k | €868k | €1.10M | €1.36M | €1.50M | ▲ 10.4% |
| Stocks and contracts in progress3 | €134k | €145k | - | - | - | - |
| Stocks30/36 | €134k | €145k | - | - | - | - |
| Amounts receivable within one year40/41 | €506k | €706k | €741k | €838k | €1.09M | ▲ 30.4% |
| Trade receivables40 | €468k | €641k | €698k | €772k | €1.03M | ▲ 32.9% |
| Other amounts receivable41 | €38k | €66k | €44k | €67k | €68k | ▲ 1.9% |
| Cash at bank and in hand54/58 | €201k | €8k | €355k | €500k | €392k | ▼ 21.7% |
| Deferred charges and accrued income490/1 | - | €9k | €8k | €18k | €11k | ▼ 34.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.18M | €1.39M | €1.78M | €2.00M | €2.12M | ▲ 6.0% |
| Equity10/15 | €644k | €691k | €993k | €1.25M | €1.52M | ▲ 21.8% |
| Contributions10/11 | €6k | €8k | €8k | €8k | €8k | = |
| Reserves13 | €2k | - | - | €81k | €295k | ▲ 266% |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Reserves not available under the articles1311 | €2k | - | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €81k | €295k | ▲ 266% |
| Profit (loss) carried forward14 | €627k | €675k | €978k | €1.15M | €1.21M | ▲ 5.1% |
| Investment grants15 | €9k | €8k | €7k | €8k | €8k | ▼ 7.6% |
| Provisions and deferred taxes16 | €2k | €2k | €2k | €2k | €2k | ▼ 7.6% |
| Deferred taxes168 | €2k | €2k | €2k | €2k | €2k | ▼ 7.6% |
| Amounts payable17/49 | €531k | €700k | €784k | €755k | €604k | ▼ 20.1% |
| Amounts payable after more than one year17 | €143k | €130k | €110k | €93k | €76k | ▼ 17.9% |
| Financial debts170/4 | €143k | €130k | €110k | €93k | €76k | ▼ 17.9% |
| Amounts payable within one year42/48 | €388k | €563k | €674k | €662k | €527k | ▼ 20.5% |
| Current portion of amounts payable after more than one year42 | €18k | €23k | €22k | €18k | €18k | = |
| Financial debts43 | - | - | - | €20k | €20k | ▼ 0.5% |
| Credit institutions430/8 | - | - | - | €20k | €20k | ▼ 0.5% |
| Trade debts44 | €281k | €409k | €380k | €362k | €291k | ▼ 19.5% |
| Suppliers440/4 | €281k | €409k | €380k | €362k | €291k | ▼ 19.5% |
| Taxes, remuneration and social security45 | €89k | €132k | €215k | €236k | €152k | ▼ 35.7% |
| Taxes450/3 | €44k | €52k | €155k | €160k | €80k | ▼ 49.8% |
| Remuneration and social security454/9 | €44k | €80k | €60k | €76k | €71k | ▼ 5.8% |
| Other amounts payable47/48 | - | - | €57k | €26k | €45k | ▲ 73.6% |
| Accrued charges and deferred income492/3 | - | €6k | - | - | €998 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32k | €48k | €353k | €251k | €423k | ▲ 68.4% |
| + Depreciation and write-downs630 | €34k | €30k | €27k | €33k | €32k | ▼ 3.9% |
| Operating cash flow (approximation) | €66k | €78k | €379k | €284k | €455k | ▲ 59.9% |
| Investment in fixed assets (approximation) | - | €-218k | €-175k | €-6k | €-12k | ▼ 102% |
| Change in cash | - | €-193k | €348k | €145k | €-108k | ▼ 175% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €423k ▲68.4%
Operating result €536k, net result €423k, both a record.
08-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €1MEq €1.25M ▲25.4%
7 profitable years in a row build equity to €1.25M.
14-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €32k ▼69.6%
Net result drops to €32k, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €500kEq €507k ▲75%
2 profitable years in a row build equity to €507k.
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ans · 1 establishment unit since 2014
Ground area
1,233 m²
Building footprint
224 m²
Volume, LiDAR
937 m³
2 parcels, Wallonia · tallest building 9.6 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SLD
since 20142.236.342.324
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62332B0060/00A003 | Wallonia | 1,184 m² | 1 · 224 m² | 9.6 m · 1 fl. |
| 62003A1098/00N000 | Wallonia | 49 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
3 categoriesSLD SRL39198
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LASATELIER VAN DUN
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Of 981 companies in sector 25401 we hold annual accounts for 407. 200 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-07-2014
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25401Forging of metal
25530Machining of metals
43320Joinery installation
43343Specialised construction activities
47770Retail sale of watches and jewellery
Contact
E-mail
siracusa.sld@outlook.beAns
Scores and ratios are computed by Checked and are not a credit decision.