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SD Worx Sociaal Secretariaat VZW

Active
Non-profit associationfounded 1946active for 79 yearsBrouwersvliet 2, 2000 Antwerpen, BelgiumKBO/BCE: BE 0407.139.583
Summary

SD Worx Sociaal Secretariaat VZW has been active since 1946 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21.4m and a net result of -€5.1m. Equity is shrinking by about 6.4% per year across the filed financial years. Its solvency ranks better than 14% of 2,748 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Office administrative and support services
NACE 82100
#1 company by total assets in the province of Antwerp, Administrative and support services sector25 sites
Size
€467,379turnover 2025
Staff
102.3 FTE
Equity
€21.4m
Deficit
-€5.1m
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
12 members
Auditor: Deloitte Bedrijfsrevisoren/Réviseurs d’EntreprisesAccounts 45 days early
Why 89raises riskLiquidity: current ratio 1.01, cash €21.1m, halvedEquity €21.4m (0.6% of total assets)lowers riskLegal form: non-profit associationSize: turnover €467,379, 102.3 FTE, total assets €3.37bnShow the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 12% of its sector peers (NACE 82, medium-sized)
Financial strength · tick = 2024
Weak
Solvency 26=
equity 0.6% of total assets
Liquidity 1-1
short-term debt 99.2% · cash 0.6%
Profitability 12-1
return on assets -0.2%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (221 companies, NACE 82, medium-sized)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.01, compared with 1.01 in 2024; short-term debt: 99.2% and cash: 0.6% of total assets), and 99.4% of the assets are financed with debt.
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 82, medium-sized): better than 6% on solvency, 3% on liquidity, 7% on profitability and 30% on growth.

The bankruptcy probability was computed on 09-10-2026 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

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Liquidity: current ratio 1.01, cash €21.1m, halved
NBB · annual accounts
raises risk · Equity €21.4m (0.6% of total assets)
NBB · annual accounts
lowers risk · Size: turnover €467,379, 102.3 FTE, total assets €3.37bn
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 2748 sector peers (2025).
NBB · sector comparison
Position among 2748 sector peers
Solvency
better than 14%
← weakest strongest →
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
42 days early
2023
29 days early
2022
35 days early
2021
30 days early
2020
44 days early
2019
46 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 39 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Piet Vandendriessche, Dirk Collier and…Gazette deed
  2. Resignations & appointmentsPower of attorney
  3. Annual accounts filedfinancial year 2025 · abbreviated…

Key points

  • Caution: From profit to loss in 2025after €3.2m in 2024 -€5.1m View
  • Caution: Among the weakest 5% on net resultsector median €21,141 · 2,750 companies -€5.1m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Active since 1946founded 22-10-1946 79 years View
  • New directorlatest change 01-01-2026 · 12 in office 1 joined View

By topic

Financials

Financial year
2025
Turnover
€467,379
Loss
-€5.1m
Solvency
0.6%
Turnover▲ 1.2%
Net result
20182025
Go to Financials

Board & ownership

Board
12 members
Auditor
Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises
  • Filip DierckxChair
  • BINNEMANS Marc Godelieve AugustDirector
  • Frederik Van BladelDirector
  • Patrick De VosDirector
  • Collier Dirk Leonard AlainDirector

and 7 other directors

Go to Board & ownership

Timeline

Events
69
Since
2004
Next accounts
by 31-07-2027
  1. 01-04-2026Resignations & appointments
  2. 20-02-2026Admission: Sebastiaan Peeters (gewoon lid)
  3. 11-08-2025Resignation: Hans Maertens (director)
Go to Timeline

Company details

Sites
25
Legal form
Non-profit association
Activity
Office administrative and support servicesNACE 82100
Founded
22-10-1946
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
De Vereniging heeft tot doel in naam en voor rekening van haar aangeslotenen de wettelijke…
Go to Articles of association

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