Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SDB 2 from Tubize, company number BE0848964388, closed financial year 2025 with a result of € 109,260 after tax. For that financial year SDB 2 recorded a gross margin of € 440,485 and equity of € 155,850. Compared with financial year 2024, the result moved from € 57,266 to € 109,260. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 27, 2025.
€ 155,850
▲ 87% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 109,260
▲ 91% vs 2024
Profit after tax over the fiscal year.
€ 51,499
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -627,675.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7,833
▲ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 408,267 | € 422,020 | € 423,820 | € 440,485 | ▲ 4% |
| Profit after taxes | € 174,144 | € 113,928 | € 57,266 | € 109,260 | ▲ 91% |
| Equity | € -14,876 | € 62,476 | € 83,166 | € 155,850 | ▲ 87% |
| Total debts | € 3,801,889 | € 3,228,033 | € 3,028,063 | € 2,772,974 | ▼ 8% |
| Cash | € 52,887 | € 48,666 | € 52,621 | € 51,499 | ▼ 2% |
| Land & buildings | € 3,384,818 | € 3,198,262 | € 3,015,226 | € 2,832,190 | ▼ 6% |
| Retained profit | € -908,129 | € -794,201 | € -736,935 | € -627,675 | ▲ € 109,260 |
| Balance sheet total | € 3,787,013 | € 3,290,509 | € 3,111,229 | € 2,928,824 | ▼ 6% |
Key figures of SDB 2, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.
What happened to SDB 2?
What happened at SDB 2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vincent Rouffart stepped down as director. NBB
- Dick Alastair stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 109,260 (▲ 91% vs 2024). Source: NBB ↗
- Dick Alastair became a director. NBB
- Vincent Rouffart became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 174,144 profit in 2022 to € 109,260 profit in 2025.
Paid € 22,573 in corporate taxes since 2022.
Best year ever: 2022, with € 174,144 profit.
A new publication or filing at SDB 2? 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 shares are held by Frasers Group (European Holdings) Ltd (100%).
Directors
According to the 2025 annual accounts
since 2022 · until 2028
Dick Alastair
Director
since 2022 · until 2028
Shareholders
Frasers Group (European Holdings) Ltd
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Ernest Solvay 29
1480 Tubize
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0848.964.388
- VAT number
- BE 0848.964.388
- Registered office
- Avenue Ernest Solvay 29, 1480 Tubize
- Names & denominations
- SDB 2
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 September 2012
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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