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SDV SYSTEMS

Active
Private limited company·Algemene elektrotechnische installatiewerken· 3 yrs active
Hoogstraat 84 ·9570 Lierde, Belgium
KBO/BCE: BE 0795.267.861
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Age3 yrs
Real estate1 parcel · 1,256 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of SDV SYSTEMS is 2.8% (moderate). The 2024 annual accounts show equity of €50k and a net result of €25k. Its solvency ranks better than 52% of 11087 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 30-09-2025 61 d late 2025-00519233
31-12-2023 31-07-2024 29-08-2024 29 d late 2024-00393606

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.8% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +

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

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€25k+11.0%
Working capital€4k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · micro
€0€10k€20k€30k€40kOperating result 2023: €30k€30kNet result 2023: €22k€22kOperating result 2024: €35k€35kNet result 2024: €25k€25k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 42.4% 40.9%
better than 52% of 11087 sector peers
Net result €25k €11k
better than 69% of 11069 sector peers
Equity €50k €34k
better than 62% of 11090 sector peers
Gross operating margin €58k €35k
better than 67% of 11060 sector peers
Staff costs €2k €25k
higher than 25% of 4038 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€45k
+31.3% 23-24
Net profit
€25k
+11.0% 23-24
Cash flow
€34k
+29.0% 23-24
Total assets
€117k
-4.3% 23-24
Equity
€50k
+97.8% 23-24
Working capital
€4k
- 23-24
Staff costs
€2k
+100.0% 23-24
Income taxes
€10k
+31.6% 23-24
Debt
€67k
-30.7% 23-24
Debt ≤ 1y
€67k
-30.7% 23-24
Current ratio
1.06
+24.4% 23-24
Quick ratio
0.57
-24.9% 23-24
Solvency
42.4%
+106.7% 23-24
Debt / equity
1.36
-64.9% 23-24
ROE
49.4%
-43.9% 23-24
ROA
21.0%
+16.0% 23-24
Interest coverage
59.63
-40.9% 23-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue-
EBITDA€45k
Net profit€25k
Cash flow€34k
Staff costs€2k
Income taxes€10k
Dividends-
Total assets€117k
Equity€50k
Debt€67k
of which ≤ 1y€67k
of which > 1y-
Working capital€4k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.06
Quick ratio0.57
Working capital ratio3.2%
Solvency42.4%
Debt / equity1.36
Long-term debt ratio-
Interest coverage59.63
Gross margin-
Net margin-
ROA21.0%
ROE49.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€117k
Fixed assets 21/28€46k
Intangible fixed assets 21€767
Tangible fixed assets 22/27€45k
Financial fixed assets 28€75
Current assets 29/58€71k
Stocks & contracts in progress 3€33k
Amounts receivable within one year 40/41€26k
Cash & bank 54/58€12k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€117k
Equity 10/15€50k
Contributions / capital 10/11€3k
Reserves 13€47k
Amounts payable 17/49€67k
Amounts payable within one year 42/48€67k
Trade debts payable within one year 44€23k
Income statement
Gross operating margin 9900€58k
Operating result 9901€35k
Financial income 75€6
Financial charges 65€753
Result before taxes 9903€35k
Income taxes 67/77€10k
Net result for the period 9904€25k
Result to be appropriated 9905€25k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
79 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Hoogstraat 849570 Lierde

Establishment units

1 location
SDV SYSTEMS
Hoogstraat 84, 9570 LierdeAlgemene elektrotechnische installatiewerken
since 20222.339.399.676
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,256 m²
Buildings1
Building footprint169 m²
Volume (LiDAR)878 m³
Tallest building8.3 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45050B0930/00L000 Flanders 1,256 m² 1 · 169 m² 8.3 m · 2 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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health79Profitability100Solvency66Growth78Stability94
83 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 79
Profitability 100
Solvency 66
Growth 78
Stability 94

Ask AI about this company

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 3,225 of the 22,771 companies in this sector. 2,844 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Loodgieterswerk43221Sanitaire werkzaamheden43221Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Overige bouwinstallatie43240Overige bouwinstallatie, n.e.g.43299
Primary activity highlighted.
Names & trade names
Legal nameNL SDV SYSTEMS
Registered office
Hoogstraat 84
9570 Lierde, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.