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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SD INSURANCE from Kortemark, company number BE0737336293, closed financial year 2025 with a result of € 177,232 after tax. For that financial year SD INSURANCE recorded a gross margin of € 699,803 and equity of € 254,376. Compared with financial year 2024, the result moved from € 164,380 to € 177,232. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ 254,376
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 177,232
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 233,109
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 165,000 paid out
93 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
4.5
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 390,630
▼ 7% vs 2024
€ 86,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 95,903
▲ 157% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 312,029
▼ 18% vs 2024
€ 70,940 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 13,013
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,965
▼ 2% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 641,708 | € 716,207 | € 704,338 | € 699,803 | ▼ 1% |
| Profit after taxes | € 183,169 | € 203,314 | € 164,380 | € 177,232 | ▲ 8% |
| Equity | € 154,450 | € 227,764 | € 242,145 | € 254,376 | ▲ 5% |
| Total debts | € 946,722 | € 830,876 | € 599,063 | € 531,007 | ▼ 11% |
| Cash | € 318,570 | € 334,442 | € 302,465 | € 233,109 | ▼ 23% |
| Retained profit | € 144,450 | € 217,764 | € 232,145 | € 244,376 | ▲ 5% |
| Dividend | € 130,000 | € 130,000 | € 150,000 | € 165,000 | ▲ 10% |
| Bank debt | € 525,131 | € 453,558 | € 381,449 | € 312,029 | ▼ 18% |
| Balance sheet total | € 1,101,173 | € 1,058,640 | € 841,208 | € 785,384 | ▼ 7% |
| Employees (FTE) | 4.6 | 5 | 5 | 4.5 | ▼ 0.5 |
Key figures of SD INSURANCE, 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 SD INSURANCE?
What happened at SD INSURANCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 177,232 (▲ 8% vs 2024). Source: NBB ↗
- Segico CommV became a director. NBB
- LTWEE CommV became a director. NBB
- New establishment in Kortemark. KBO
- New establishment in Torhout. KBO
- New establishment in Lichtervelde. KBO
- GEERT SEYNAEVE bv became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 183,169 profit in 2022 to € 177,232 profit in 2025.
Paid € 76,372 in corporate taxes since 2022.
Best year ever: 2023, with € 203,314 profit.
On average € 155,500 of value added per employee in 2025.
A new publication or filing at SD INSURANCE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of GEERT SEYNAEVE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SD INSURANCEBehind SD INSURANCE are Segico CommV, LTWEE CommV and GEERT SEYNAEVE bv. The shares are held by GEERT SEYNAEVE.
Directors
According to the 2025 annual accounts
Director · represented by Gilles Seynaeve
since 2025
Director · represented by Luc Denoo
since 2020
Director · represented by Geert Seynaeve
since 2019
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lichterveldestraat 2
8610 Kortemark
Burg 47
8820 Torhout
Active since 2 January 2020
Leysafortstraat 18 box A
8810 Lichtervelde
Active since 2 January 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Certifications & Partners
Website info
Features
Details
- Company number
- 0737.336.293
- VAT number
- BE 0737.336.293
- Registered office
- Lichterveldestraat 2, 8610 Kortemark
- Names & denominations
- SD INSURANCE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 October 2019
- Peppol
- Not registered
- Contact
- sdinsurance.be 051 56 99 00
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars