Active BE 0757.694.615Public limited company

SUD PROPERTIES

Rue de Beaufays 83 ·4140 Sprimont, Belgium· 5 yrs active

Conclusion Checked

The computed 12-month bankruptcy probability of SUD PROPERTIES is 2.0% (moderate). The 2024 annual accounts show equity of €1.68M and a net result of €1.08M. Equity is growing by ~14.1% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€1.68M
Net result	€1.08M
Active	5 yrs
Locations	1

Snowflake analysis 5 axes · computed by Checked

81 / 100

Exceptional profile, strong across almost every axis.

Health 89

Profitability 100

Solvency 43

Growth 78

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

2.0% Moderate

0%0,5%1,5%4%10%≥25%

Young company +No NACE activity registered +Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

More than 3 years active

Founded in 2020, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

89 / 100 Excellent

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview4 NBB filings

Annual accounts filed on 18-06-2025 with the NBB · fiscal year 2024 · volledig

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~14.1%/year over 4 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Revenue

€1.56M

- 21-24

EBITDA

€1.76M

+400.5% 21-24

Net profit

€1.08M

- 21-24

Cash flow

€1.33M

+2814.9% 21-24

Total assets

€11.16M

-11.2% 21-24

Equity

€1.68M

+174.9% 21-24

Working capital

€1.31M

+7264.7% 21-24

Employees (FTE)

0

- 21-24

Income taxes

€13k

- 21-24

Debt

€9.14M

-23.6% 21-24

Debt ≤ 1y

€1.03M

-69.4% 21-24

Debt > 1y

€5.51M

-6.3% 21-24

Current ratio

2.27

+126.1% 21-24

Quick ratio

2.27

+126.1% 21-24

Solvency

15.0%

+209.5% 21-24

Debt / equity

5.45

-72.2% 21-24

ROE

64.4%

- 21-24

ROA

9.7%

- 21-24

Net margin

69.3%

- 21-24

EBITDA margin

112.6%

- 21-24

Interest coverage

6.15

+598.5% 21-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	€1.56M
EBITDA	€1.76M
Net profit	€1.08M
Cash flow	€1.33M
Staff costs	-
Income taxes	€13k
Dividends	-
Total assets	€11.16M
Equity	€1.68M
Debt	€9.14M
of which ≤ 1y	€1.03M
of which > 1y	€5.51M
Working capital	€1.31M
Employees (FTE)	0.0

Ratios (computed)

	2024
Current ratio	2.27
Quick ratio	2.27
Working capital ratio	11.8%
Solvency	15.0%
Debt / equity	5.45
Long-term debt ratio	3.28
Interest coverage	6.15
Gross margin	17.9%
Net margin	69.3%
ROA	9.7%
ROE	64.4%
EBITDA margin	112.6%
Days sales outstanding	61d
Days payable outstanding	244d
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €8.82M · 79.0% Current assets €2.34M · 21.0%

Equity & liabilities

Equity €1.68M · 15.0% Provisions €348k · 3.1% Debt €9.14M · 81.9%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€11.16M
Fixed assets	21/28	€8.82M
Formation expenses	20	€2k
Tangible fixed assets	22/27	€5.58M
Financial fixed assets	28	€3.24M
Current assets	29/58	€2.34M
Amounts receivable within one year	40/41	€261k
Investments	50/53	€1.20M
Cash & bank	54/58	€705k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€11.16M
Equity	10/15	€1.68M
Contributions / capital	10/11	€194k
Reserves	13	€1.06M
Accumulated profits (losses)	14	€345k
Provisions & deferred taxes	16	€348k
Amounts payable	17/49	€9.14M
Amounts payable after one year	17	€5.51M
Amounts payable within one year	42/48	€1.03M
Trade debts payable within one year	44	€855k
Income statement
Turnover	70	€1.56M
Gross operating margin	9900	€1.84M
Operating result	9901	€1.50M
Financial income	75	€224k
Financial charges	65	€285k
Result before taxes	9903	€1.44M
Income taxes	67/77	€13k
Net result for the period	9904	€1.08M
Result to be appropriated	9905	€38k

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	-
Legal form	Public limited company(014)
Incorporation	30-10-2020
Status	Active
Postal code	4140

Establishment units 1 location

SUD PROPERTIES

Rue de Beaufays 83, 4140 SprimontVerhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

since 20202.311.172.775

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62100C1114/00A000	Wallonia	4,590 m²	1 · 1,131 m²	12.0 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

18-06-2025

NBB filing Annual accounts filed

fiscal year 2024 · volledig

18-02-2025

State Gazette act Director changes

Frederic HELSEN

2024

01-07-2024

NBB filing Annual accounts filed

fiscal year 2023 · volledig

2023

23-08-2023

NBB filing Annual accounts filed

fiscal year 2022 · volledig

2022

31-08-2022

NBB filing Annual accounts filed

fiscal year 2021 · volledig

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 1 year ago

2025

18-02-2025 3 directors appointed, 1 resigning Director changes·Frederic HELSEN

ALDEA GROUP, Commissaris
BERDEN Sébastien Philippe Charles, Commissaris
KONARU CONSULTING, Commissaris
CURALEASE, Commissaris

Notary: Frederic HELSEN · BruxellesFirm: BERQUIN NOTAIRES

Original publication ↗

Technical details

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Company registry (CBE) Crossroads Bank

Names & trade names

Legal nameFR

SUD PROPERTIES

Registered office

Rue de Beaufays 83

4140 Sprimont, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.