ACTIVE

SDM PROJECTS

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
3,6 M €
+63.8% YoY
Gross margin
5,3 M €
+26.0% YoY
Equity
6,5 M €
+120.5% YoY
Workforce
10,2 ETP
+7.4% YoY

What does SDM PROJECTS do?

SDM PROJECTS is a Public limited company incorporated in 2009. Its registered office is in Overijse. It employs on average 10,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0810.677.795
Incorporation
25/03/2009
Legal form
Public limited company
Registered office
Terhulpensesteenweg 362
3090 Overijse · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
10,2 ETP
Joint committees (6)
  • 111
  • 1110
  • 11100
  • 209
  • 2090
  • 20900
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin5,3 M €4,2 M €2,8 M €1,4 M €1,4 M €539,9 k €999,2 k €597,1 k €427,1 k €365 k €318,3 k €377,2 k €353 k €323,1 k €217,1 k €138,4 k €
EBITDA4,3 M €3,3 M €1,7 M €822,6 k €573,2 k €4,7 k €552,9 k €171,4 k €22,3 k €17,5 k €14,3 k €139,2 k €138,4 k €166,2 k €96,2 k €66,2 k €
Operating result4,3 M €3,3 M €1,6 M €809,8 k €558,8 k €-20,1 k €524,3 k €156,4 k €15,4 k €10,4 k €10,7 k €135,6 k €93,7 k €150,1 k €84,2 k €55,1 k €
Net result3,6 M €2,2 M €-383,5 k €600,6 k €409,4 k €-32,9 k €368,8 k €101,7 k €6,2 k €5,8 k €1,9 k €88,1 k €56,4 k €90,1 k €60 k €34 k €
Balance sheet
Equity6,5 M €3 M €2,8 M €3,1 M €2,3 M €1,4 M €1,2 M €494,2 k €392,5 k €386,4 k €380,6 k €378,6 k €290,5 k €234,1 k €144 k €84 k €
Total assets7,7 M €8 M €8,4 M €3,8 M €2,9 M €2,3 M €2,2 M €1,2 M €1,7 M €1,5 M €836,3 k €1,7 M €1,4 M €1,7 M €1,3 M €808 k €
Cash4,2 M €5,1 M €2,2 M €657,3 k €426,5 k €1 M €463 k €401,4 k €676,5 k €541,4 k €152,4 k €314 k €185,8 k €558,9 k €860,9 k €329,2 k €
Debts872,3 k €4,3 M €4,6 M €713 k €522,8 k €863 k €990,8 k €662,7 k €1 M €956 k €455,7 k €1,3 M €1,1 M €1,5 M €1,2 M €723,9 k €
Other
Workforce10,2 ETP9,5 ETP15,7 ETP5,4 ETP5,8 ETP6,0 ETP6,0 ETP6,0 ETP6,0 ETP5,8 ETP5,6 ETP4,6 ETP4,6 ETP3,3 ETP2,8 ETP2,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 3 ended

Active mandates

Christian Corijn

Director · since 25 mai 2023 · until 25 mai 2029

Active
Farendijs

Director · since 25 mai 2023 · until 31 décembre 2025 · 0719.556.787

Represented by Bavo DE MAN

Active
René Schepens

Director · since 25 mai 2023 · until 25 mai 2029

Active

Ended mandates

Farendijs

Director · since 25 mai 2023 · until 25 mai 2029 · 0719.556.787

Represented by Bavo DE MAN

Ended
Bavo De Man

Director

Ended
Bavo DE MAN

Mandate

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/07/202201/07/202101/07/202001/07/2019
Closing of the financial year31/12/202531/12/202431/12/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months18 months12 months12 months12 months
Filing date16/06/202609/09/202525/06/202402/12/202222/06/202210/09/2020
General meeting29/05/202630/05/202531/05/202414/11/202221/06/202225/08/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202616/06/2026DutchPDF
Abridged model31/12/202430/05/202509/09/2025DutchPDF
Abridged model31/12/202331/05/202425/06/2024DutchPDF
Abridged model30/06/202214/11/202202/12/2022DutchPDF
Abridged model30/06/202121/06/202222/06/2022DutchPDF
Abridged model30/06/202025/08/202010/09/2020DutchPDF
Abridged model30/06/201922/11/201929/11/2019DutchPDF
Abridged model30/06/201823/08/201807/09/2018DutchPDF
Abridged model30/06/201730/08/201726/09/2017DutchPDF
Abridged model30/06/201630/08/201620/09/2016DutchPDF
Abridged model30/06/201526/09/201506/10/2015DutchPDF
Abridged model30/06/201417/09/201423/09/2014DutchPDF
Abridged model30/06/201320/11/201327/11/2013DutchPDF
Abridged model30/06/201211/12/201212/12/2012DutchPDF
Abridged model30/06/201105/09/201119/09/2011DutchPDF
Abridged model30/06/201003/09/201015/09/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

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 · 3 active · 3 ended

Active mandates

Christian Corijn

Director · since 25 mai 2023 · until 25 mai 2029

Active
Farendijs

Director · since 25 mai 2023 · until 31 décembre 2025 · 0719.556.787

Represented by Bavo DE MAN

Active
René Schepens

Director · since 25 mai 2023 · until 25 mai 2029

Active

Ended mandates

Farendijs

Director · since 25 mai 2023 · until 25 mai 2029 · 0719.556.787

Represented by Bavo DE MAN

Ended
Bavo De Man

Director

Ended
Bavo DE MAN

Mandate

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring18/02/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring03/12/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Capital / shares17/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates03/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/04/2009
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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

Timeline

  1. 2025
    Annual accounts 20253,6 M €↑
  2. 2024
    Annual accounts 20242,2 M €↑
  3. 2023
    Annual accounts 2023-383,5 k €↓
  4. 2022
    Annual accounts 2022600,6 k €↑
  5. 2021
    Annual accounts 2021409,4 k €↑
  6. 2020
    Annual accounts 2020-32,9 k €↓
  7. 2019
    Annual accounts 2019368,8 k €↑
  8. 2018
    Annual accounts 2018101,7 k €↑
  9. 2017
    Annual accounts 20176,2 k €↑
  10. 2016
    Annual accounts 20165,8 k €↑
  11. 2015
    Annual accounts 20151,9 k €↓
  12. 2014
    Annual accounts 201488,1 k €↑
  13. 2013
    Annual accounts 201356,4 k €↓
  14. 2012
    Annual accounts 201290,1 k €↑
  15. 2011
    Annual accounts 201160 k €↑
  16. 2010
    Annual accounts 201034 k €
  17. 25/03/2009
    IncorporationPublic limited company