Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
S & D COMPANY from Lokeren, company number BE0438200369, closed financial year 2025 with a result of € -9,856 after tax. For that financial year S & D COMPANY recorded a gross margin of € -1,908 and equity of € -35,463. Compared with financial year 2024, the result moved from € -82 to € -9,856. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ -35,463
▼ € 9,856 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,856
▼ 11920 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,451
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -54,055.
Debts at end 2025
€ 11,950
▼ 93% vs 2024
Loans from banks and other lenders, long and short.
€ 276
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 43
▼ 2% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,621 | € 20,352 | € 11,317 | € -1,908 | ▼ € 13,225 |
| Profit after taxes | € -4,987 | € 5,461 | € -82 | € -9,856 | ▼ € 9,774 |
| Equity | € -30,986 | € -25,525 | € -25,607 | € -35,463 | ▼ € 9,856 |
| Total debts | € 347,904 | € 305,747 | € 295,957 | € 176,031 | ▼ 41% |
| Cash | € 16,952 | € 1,823 | € 2,739 | € 2,451 | ▼ 11% |
| Retained profit | € -49,578 | € -44,117 | € -44,199 | € -54,055 | ▼ € 9,856 |
| Bank debt | € 207,588 | € 148,924 | € 172,226 | € 11,950 | ▼ 93% |
| Balance sheet total | € 316,918 | € 280,222 | € 270,350 | € 140,568 | ▼ 48% |
Key figures of S & D COMPANY, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to S & D COMPANY?
What happened at S & D COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,856. filed late Source: NBB ↗
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,987 loss in 2022 to € 9,856 loss in 2025.
Paid € 173 in corporate taxes since 2022.
Best year ever: 2023, with € 5,461 profit.
Establishments
Establishment units
Physical locations of this company
Doorndonkeindeken 38
9160 Lokeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.200.369
- VAT number
- BE 0438.200.369
- Registered office
- Doorndonkeindeken 38, 9160 Lokeren
- Names & denominations
- S & D COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 August 1989
- Peppol
- Not registered