ACTIVE

S.D. & N.

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Financial year 2025 · closed on 31/12/2025

Net result

-1,6 k €

-153.9% YoY

Gross margin

3,4 k €

-46.6% YoY

Equity

736,5 k €

-0.2% YoY

What does S.D. & N. do?

S.D. & N. is a Public limited company incorporated in 1995. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.820.231

Incorporation

16/03/1995

Legal form

Public limited company

Registered office

Kernenergiestraat 19B box D2
2610 Antwerpen · FlandreSee on map

Contributed capital

1 046 837,98 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2007
Income statement
Gross margin	3,4 k €	-46.6%	6,4 k €	+181%	-7,9 k €	+79.7%	-39 k €	-111%	344 k €	+902%	34,3 k €	-6.1%	36,6 k €	+16.5%	31,4 k €	+4.8%	30 k €	+1093%	2,5 k €	+26.8%	2 k €	+117%	-11,8 k €	-476%	3,1 k €	+189%	-3,5 k €	+51.9%	-7,4 k €	0.0%	-7,4 k €	+13.6%	-8,5 k €	-2.7%	-8,3 k €	-515%	2 k €
EBITDA	3 k €	-53.2%	6,4 k €	+158%	-11,1 k €	+74.3%	-43,2 k €	-113%	333,7 k €	+1016%	29,9 k €	+0.4%	29,8 k €	+10.1%	27 k €	+4.7%	25,8 k €	+2084%	1,2 k €	-2.8%	1,2 k €	+110%	-11,8 k €	-576%	2,5 k €	+130%	-8,4 k €	-6.8%	-7,8 k €	+0.5%	-7,9 k €	+12.0%	-8,9 k €	-8.0%	-8,3 k €	-711%	1,4 k €
Operating result	-7,3 k €	-111%	-3,5 k €	+84.1%	-21,7 k €	+59.2%	-53,2 k €	-116%	325,5 k €	+6825%	4,7 k €	+2.8%	4,6 k €	+149%	1,8 k €	-80.0%	9,2 k €	+675%	1,2 k €	-2.8%	1,2 k €	+110%	-11,8 k €	-576%	2,5 k €	+130%	-8,4 k €	-6.8%	-7,8 k €	+0.5%	-7,9 k €	+12.0%	-8,9 k €	-8.0%	-8,3 k €	-711%	1,4 k €
Net result	-1,6 k €	-154%	2,9 k €	+118%	-16,5 k €	+52.7%	-34,8 k €	-110%	332,6 k €	+7222%	4,5 k €	+5.6%	4,3 k €	+137%	1,8 k €	-79.2%	8,7 k €	+971%	815,2 €	-19.5%	1 k €	+109%	-11,7 k €	-102%	526 k €	+2597%	-21,1 k €	+91.3%	-242,7 k €	-774%	-27,8 k €	+94.2%	-480 k €	-5695%	-8,3 k €	-478%	2,2 k €
Balance sheet
Equity	736,5 k €	-0.2%	738,1 k €	+0.4%	735,2 k €	-2.2%	751,6 k €	-4.4%	786,4 k €	+45.9%	538,9 k €	+0.9%	534,3 k €	+0.8%	530 k €	+0.3%	528,2 k €	+25493%	2,1 k €	+65.3%	1,2 k €	+101%	-141,8 k €	-9.0%	-130,1 k €	+80.2%	-656,1 k €	-3.3%	-635 k €	-61.9%	-392,3 k €	-7.6%	-364,6 k €	-416%	115,4 k €	-6.7%	123,7 k €
Total assets	829,9 k €	-0.1%	830,5 k €	-0.2%	832,2 k €	-7.7%	901,4 k €	-0.1%	902,7 k €	+63.3%	552,7 k €	-2.2%	565,3 k €	-0.1%	565,8 k €	-7.6%	612,5 k €	+3660%	16,3 k €	-33.1%	24,4 k €	+7384%	325,4 €	-97.3%	12 k €	-97.6%	503,8 k €	-4.1%	525,3 k €	+3.1%	509,3 k €	-4.0%	530,3 k €	+356%	116,2 k €	-6.1%	123,7 k €
Cash	0 €	-100%	420,3 €	+5641%	7,3 €	-100.0%	56,8 k €	-0.0%	56,8 k €	+37.3%	41,4 k €	+241%	12,1 k €	+135%	5,2 k €	+145%	2,1 k €	+20041%	10,5 €	-98.7%	812,2 €	+508%	133,5 €	-98.9%	11,8 k €	-95.0%	234,7 k €	-3.0%	242 k €	+11.4%	217,3 k €	+114014%	190,4 €		–		5,4 k €
Debts	1,1 k €		–		4,7 k €	-89.8%	46 k €	+268%	12,5 k €	-9.6%	13,8 k €	-55.5%	31 k €	-13.4%	35,8 k €	-57.5%	84,2 k €	+492%	14,2 k €	-38.4%	23,1 k €	-83.7%	142,1 k €	+0.0%	142,1 k €	-87.8%	1,2 M €	-0.0%	1,2 M €	+28.7%	901,6 k €	+0.8%	894,9 k €	+119216%	750 €		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 17 ended

Active mandates

Emanuel Driessens

Managing director · since 06 août 2021

Active

Ended mandates

Emanuel Driessens

Director · since 06 octobre 2021

Ended

CIBE.E

Director · since 21 septembre 2016 · until 01 mars 2021 · 0468.437.051

Represented by Gerda VAN HOEYDONCK

Ended

MONTANA

Director · since 01 mars 2015 · until 01 mars 2021 · 0426.903.433

Represented by Stefaan SCHELFAUT

Ended

MONTANA

Director · since 25 mars 2014 · until 24 mars 2020 · 0426.903.433

Represented by Stefaan SCHELFAUT

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2019
Type of account	Micro model	Micro model	Micro model	Abridged model	Abridged model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	25/08/2026	20/06/2025	20/06/2025	18/12/2023	23/02/2023	04/06/2020
General meeting	31/05/2026	31/05/2025	31/05/2025	30/09/2023	30/12/2022	02/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	31/05/2026	25/08/2026	Dutch	PDF
Micro model	31/12/2024	31/05/2025	20/06/2025	Dutch	PDF
Micro model	31/12/2023	31/05/2025	20/06/2025	Dutch	PDF
Abridged model	31/12/2022	30/09/2023	18/12/2023	Dutch	PDF
Abridged model	31/12/2021	30/12/2022	23/02/2023	Dutch	PDF
Micro model	31/12/2019	02/06/2020	04/06/2020	Dutch	PDF
Micro model	31/12/2018	03/06/2019	07/08/2019	Dutch	PDF
Micro model	31/12/2017	04/06/2018	22/08/2018	Dutch	PDF
Micro model	31/12/2016	06/06/2017	04/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	13/07/2016	Dutch	PDF
Abridged model	31/12/2014	01/03/2015	09/07/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	05/08/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	13/08/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	14/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	09/08/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	31/07/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	26/08/2008	Dutch	PDF
Abridged model	30/06/2007	14/07/2007	27/12/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 17 ended

Active mandates

Emanuel Driessens

Managing director · since 06 août 2021

Active

Ended mandates

Emanuel Driessens

Director · since 06 octobre 2021

Ended

CIBE.E

Director · since 21 septembre 2016 · until 01 mars 2021 · 0468.437.051

Represented by Gerda VAN HOEYDONCK

Ended

MONTANA

Director · since 01 mars 2015 · until 01 mars 2021 · 0426.903.433

Represented by Stefaan SCHELFAUT

Ended

MONTANA

Director · since 25 mars 2014 · until 24 mars 2020 · 0426.903.433

Represented by Stefaan SCHELFAUT

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office27/08/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates24/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/10/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates14/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring11/10/2016
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-1,6 k €↓
2024
Annual accounts 20242,9 k €↑
2023
Annual accounts 2023-16,5 k €↑
2022
Annual accounts 2022-34,8 k €↓
2021
Annual accounts 2021332,6 k €↑
2019
Annual accounts 20194,5 k €↑
2018
Annual accounts 20184,3 k €↑
2017
Annual accounts 20171,8 k €↓
2016
Annual accounts 20168,7 k €↑
2015
Annual accounts 2015815,2 €↓
2014
Annual accounts 20141 k €↑
2013
Annual accounts 2013-11,7 k €↓
2012
Annual accounts 2012526 k €↑
2011
Annual accounts 2011-21,1 k €↑
2010
Annual accounts 2010-242,7 k €↓
2009
Annual accounts 2009-27,8 k €↑
2008
Annual accounts 2008-480 k €↓
2007
Annual accounts 2007-8,3 k €↓
2007
Annual accounts 20072,2 k €
16/03/1995
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

S.D. & N.

Overview

What does S.D. & N. do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline