NORMAL SITUATION

SDNSQUARE

Financial year 2023 · closed on 31/12/2023
Net result
41,6 k €
-81.7% YoY
Gross margin
382,4 k €
-17.6% YoY
Equity
-175,4 k €
+19.2% YoY
Workforce
1,9 ETP
-42.4% YoY

Company — Normal situation.

What does SDNSQUARE do?

SDNSQUARE is a company registered in Belgium. It employs on average 1,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0823.590.871
Legal form
Public limited company
Contributed capital
236 704,00 €
Latest accounts
31/12/2023
Average workforce
1,9 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20232022202120202019201820172016201520142013201220112010
Income statement
Gross margin382,4 k €464,2 k €299,8 k €432,3 k €558,2 k €221,9 k €143,5 k €-191,4 k €-412 k €-390,8 k €-366 k €81,1 k €113,1 k €-5,6 k €
EBITDA48,2 k €-472,6 k €-159,3 k €18,8 k €150 k €-140 k €-342,9 k €-574,1 k €-810,8 k €-924 k €-863,5 k €-416,1 k €321,9 €-5,9 k €
Operating result47,6 k €-473,2 k €-370 k €-108,1 k €55,6 k €-159,6 k €-369,9 k €-603,1 k €-830,1 k €-934,1 k €-873,7 k €-422,3 k €-3 k €-5,9 k €
Net result41,6 k €227,1 k €-426,8 k €-121,4 k €21,6 k €-180,4 k €-372,7 k €-605,1 k €-862,6 k €-952,3 k €-931,7 k €-436,7 k €-6,8 k €-5,9 k €
Balance sheet
Equity-175,4 k €-217 k €-444,1 k €-17,3 k €104 k €-617,5 k €-437,1 k €-264,4 k €340,8 k €-422,6 k €529,6 k €-430,9 k €5,8 k €12,7 k €
Total assets652,5 k €342,3 k €1,2 M €858,5 k €1,8 M €341,9 k €199,5 k €241,4 k €457,7 k €73,4 k €1 M €137,4 k €342,3 k €15 k €
Cash217,5 k €113,6 k €126,2 k €90,8 k €374 k €132,3 k €102,5 k €120,2 k €324,2 k €12,3 k €980,8 k €71,7 k €242,3 k €13,9 k €
Debts769,1 k €426,5 k €1,4 M €794 k €1,6 M €919,2 k €621,5 k €477,6 k €56,9 k €485,1 k €492,2 k €546 k €327,2 k €430,2 €
Other
Workforce1,9 ETP3,3 ETP4,5 ETP4,0 ETP4,0 ETP4,0 ETP4,0 ETP4,0 ETP4,0 ETP5,7 ETP5,3 ETP5,0 ETP2,7 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 37 ended

Active mandates

Frank Eischet

Director

Active
Manuela Kolb

Director

Active

Ended mandates

Frank Eischet

Managing director · since 06 septembre 2022

Ended
Manuela Kolb

Director · since 06 septembre 2022

Ended
Gregory Shaun

Managing director · since 08 juin 2021 · until 12 mai 2028

Ended
DE CLOET INVESTMENT SERVICES

Director · since 08 octobre 2020 · until 08 octobre 2026 · 0415.756.549

Represented by LIEVEN VERMAELE

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/05/202409/06/202313/06/202204/06/202127/07/202007/06/2019
General meeting10/05/202412/05/202313/05/202231/05/202102/07/202010/05/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202310/05/202416/05/2024DutchPDF
Abridged model31/12/202212/05/202309/06/2023DutchPDF
Abridged model31/12/202113/05/202213/06/2022DutchPDF
Abridged model31/12/202031/05/202104/06/2021DutchPDF
Abridged model31/12/201902/07/202027/07/2020DutchPDF
Abridged model31/12/201810/05/201907/06/2019DutchPDF
Abridged model31/12/201711/05/201828/06/2018DutchPDF
Abridged model31/12/201612/05/201706/07/2017DutchPDF
Abridged model31/12/201513/05/201630/06/2016DutchPDF
Abridged model31/12/201408/05/201518/05/2015DutchPDF
Abridged model31/12/201309/05/201427/06/2014DutchPDF
Abridged model31/12/201210/05/201302/07/2013DutchPDF
Abridged model31/12/201111/05/201225/06/2012DutchPDF
Abridged model31/12/201013/05/201109/06/2011DutchPDF
Estimate

Indicative valuation

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 31/12/2023 · 2 active · 37 ended

Active mandates

Frank Eischet

Director

Active
Manuela Kolb

Director

Active

Ended mandates

Frank Eischet

Managing director · since 06 septembre 2022

Ended
Manuela Kolb

Director · since 06 septembre 2022

Ended
Gregory Shaun

Managing director · since 08 juin 2021 · until 12 mai 2028

Ended
DE CLOET INVESTMENT SERVICES

Director · since 08 octobre 2020 · until 08 octobre 2026 · 0415.756.549

Represented by LIEVEN VERMAELE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution29/01/2024
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring24/11/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring17/11/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates21/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/10/2021
    ONTSLAGEN - BENOEMINGEN
    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. 2023
    Annual accounts 202341,6 k €
  2. 2022
    Annual accounts 2022227,1 k €
  3. 2021
    Annual accounts 2021-426,8 k €
  4. 2020
    Annual accounts 2020-121,4 k €
  5. 2019
    Annual accounts 201921,6 k €
  6. 2018
    Annual accounts 2018-180,4 k €
  7. 2017
    Annual accounts 2017-372,7 k €
  8. 2016
    Annual accounts 2016-605,1 k €
  9. 2015
    Annual accounts 2015-862,6 k €
  10. 2014
    Annual accounts 2014-952,3 k €
  11. 2013
    Annual accounts 2013-931,7 k €
  12. 2012
    Annual accounts 2012-436,7 k €
  13. 2011
    Annual accounts 2011-6,8 k €
  14. 2010
    Annual accounts 2010-5,9 k €