S.D.M.
ActiveS.D.M. has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €145k and a net result of €37k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 24% of 1292 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability57▲+1
Solvency39=
Growth66▲+17
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 1.72 in 2023; short-term debt: 26.9% and cash: 20.7% of total assets), but 85.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1292 sector peers (2024).
NBB · sector comparisonPosition among 1292 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-08-2025, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
5 d late
2023
22 d early
2022
31 d early
2021
25 d late
2020
16 d late
2019
35 d late
← before the deadline
after the deadline →
Name match with a sanctions list
1 entryMURAD EN SONS DIAMONDSalias M.S.D.
A name match is not a finding that this company itself is on the list; check the entry at the source.
Financials · fiscal year 2024, full schema
Turnover
€534k▲ 2.7%
2018 · €520k
2018: €520k
2018 → 2019
EBIT margin
6.0%▲ 2.2pp
2018 · 3.8%
2018: 3.8%
2018 → 2019
Net result
€37k▲ 423%
2023 · €7k
2018: €14k
2019: €20k
2020: €11k
2021: €75k
2022: €19k
2023: €7k
2018 → 2024
Working capital
€159k▼ 6.3%
2023 · €170k
2018: €179k
2019: €190k
2020: €267k
2021: €149k
2022: €81k
2023: €170k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€86k-€141k▲ 64.2%€134k▼ 4.8%€127k▼ 4.9%€145k▲ 13.6%
Operating result€22k-€118k▲ 444%€30k▼ 74.3%€29k▼ 5.5%€88k▲ 207%
Net result€11k-€75k▲ 611%€19k▼ 75.4%€7k▼ 61.8%€37k▲ 423%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 207% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.03M
Fixed assets
€594k▲ 14.5%
Current assets
€436k▲ 7.4%
Equity and liabilities €1.03M
Equity
€145k▲ 13.6%
Debt
€885k▲ 11.0%
The debt ratio falls from 86.2% to 85.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€134k▲
2023 · €81k
Cash flow
€83k▲
2023 · €60k
Solvency
14.1%▲
2023 · 13.8%
Current ratio
1.57▼
2023 · 1.72
Quick ratio
1.05▼
2023 · 1.06
Debt / equity
6.11▼
2023 · 6.25
ROE
25.5%▲
2023 · 5.5%
ROA
3.6%▲
2023 · 0.8%
Interest coverage
4.03▼
2023 · 4.38
Debt
€885k▲
2023 · €797k
Debt ≤ 1 year
€277k▲
2023 · €236k
Debt > 1 year
€604k▲
2023 · €394k
Income taxes
€19k▲
2023 · €5k
Staff costs
€229k▼
2023 · €273k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€925k€1.03M▲
Fixed assets21/28€519k€594k▲
Tangible fixed assets22/27€518k€467k▼
Land and buildings22€458k€439k▼
Plant, machinery and equipment23€37k€23k▼
Furniture and vehicles24€22k€5k▼
Financial fixed assets28€1k€127k▲
Current assets29/58€406k€436k▲
Amounts receivable after more than one year29€33k-
Trade receivables290€33k-
Stocks and contracts in progress3€156k€145k▼
Stocks30/36€156k€145k▼
Amounts receivable within one year40/41€121k€74k▼
Trade receivables40€76k€6k▼
Other amounts receivable41€44k€68k▲
Cash at bank and in hand54/58-€214k
Deferred charges and accrued income490/1€95k€3k▼
Equity and liabilities
Total equity and liabilities10/49€925k€1.03M▲
Equity10/15€127k€145k▲
Contributions10/11€19k€19k=
Reserves13€133k€150k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€131k€149k▲
Profit (loss) carried forward14€-24k€-24k=
Amounts payable17/49€797k€885k▲
Amounts payable after more than one year17€394k€604k▲
Financial debts170/4€394k€604k▲
Amounts payable within one year42/48€236k€277k▲
Current portion of amounts payable after more than one year42€32k€77k▲
Trade debts44€135k€119k▼
Suppliers440/4€135k€119k▼
Taxes, remuneration and social security45€12k€62k▲
Taxes450/3€6k€54k▲
Remuneration and social security454/9€5k€8k▲
Other amounts payable47/48€58k€20k▼
Accrued charges and deferred income492/3€167k€4k▼
Income statement
Code20232024
Non-recurring operating income76A€6k-
Remuneration, social security and pensions62€273k€229k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€46k▼
Other operating charges640/8€3k€5k▲
Non-recurring operating charges66A-€500
Gross operating margin9900€357k€368k▲
Operating profit (loss)9901€29k€88k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€19k€33k▲
Recurring financial charges65€19k€33k▲
Profit (loss) for the period before taxes9903€12k€56k▲
Income taxes67/77€5k€19k▲
Profit (loss) for the period9904€7k€37k▲
Profit (loss) for the period to be appropriated9905€7k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€13k▲
Profit (loss) brought forward from the previous period14P€-24k€-24k=
Transfer from equity791/2€14k€20k▲
Transfer to equity691/2€7k€37k▲
To other reserves6921€7k€37k▲
Profit to be distributed694/7€14k€20k▲
Return on contributions (dividend)694€14k€20k▲
Social balance
Average headcount (FTE)90875.04.3▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 5 days late
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €7k ▼61.8%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Highest result since 2018net €75k ▲611%
Operating result €118k, net result €75k, both a record.
31-12
Financial
Equity above €100kEq €141k ▲64.2%
4 profitable years in a row build equity to €141k.
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 35 days late
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
04-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Les Bons Villers · 2 establishment units since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Ernest Solvay(MEL) 86211 Les Bons VillersGround area
1,913 m²
Building footprint
650 m²
Volume, LiDAR
4,209 m³
2 parcels, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
S.D.M.
since 20062.150.828.906
Avenue Stassart(MEL) 16, 6211 Les Bons Villers
since 20232.374.121.322
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52046B0452/00M003 | Wallonia | 1,633 m² | 1 · 523 m² | 8.4 m · 2 fl. |
| 52046B0447/00S000 | Wallonia | 280 m² | 1 · 127 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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 categoriesS.D.M. SRL39226
Legal Entity Identifier
254900YVJMY0X22WBZ95
Similar companies · same sector, comparable size
MATE GROUP CONSTRUCT
BE 0765.296.940
Brussel · Eq €145k
VANDENBUSSCHE J. & ZOON
BE 0474.545.180
Halle · Eq €145k
ADY ART
BE 0841.183.406
Drogenbos · Eq €145k
Bouwwerken Droogmans
BE 0737.850.789
Diepenbeek · Eq €145k
BOUWWERKEN KELCHTERMANS KRISTOF
BE 0677.907.660
Peer · Eq €145k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,038. 12,685 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-12-2005
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
42212Civil engineering
43120Site preparation
43992Specialised construction activities
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.