SILVA CONSTRUCT
ActiveSILVA CONSTRUCT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €125k and a net result of €6k. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 28% of 9981 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability48▼-29
Solvency46=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 2.26 against 1.93 in 2023; short-term debt: 24.7% and cash: 3.7% of total assets), but 78.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
21.4%
Return on assets
1%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
91 d late
2022
141 d late
2021
114 d late
2020
60 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€125k▲ 4.9%
2023 · €119k
2018: €63k
2019: €65k
2020: €72k
2021: €82k
2022: €81k
2023: €119k
2018 → 2024
Total assets
€587k▲ 4.1%
2023 · €564k
2018: €156k
2019: €244k
2020: €538k
2021: €614k
2022: €590k
2023: €564k
2018 → 2024
Net result
€6k▼ 84.6%
2023 · €38k
2018: €19k
2019: €2k
2020: €7k
2021: €11k
2022: €-890
2023: €38k
2018 → 2024
Working capital
€183k▲ 29.3%
2023 · €141k
2018: €77k
2019: €87k
2020: €-59k
2021: €118k
2022: €108k
2023: €141k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€72k-€82k▲ 14.7%€81k▼ 1.1%€119k▲ 46.6%€125k▲ 4.9%
Operating result€16k-€22k▲ 40.6%€9k▼ 59.1%€66k▲ 621%€23k▼ 64.5%
Net result€7k-€11k▲ 45.9%€-890€38k€6k▼ 84.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 64% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €587k
Fixed assets
€259k▼ 4.0%
Current assets
€328k▲ 11.5%
Equity and liabilities €587k
Equity
€125k▲ 4.9%
Debt
€461k▲ 3.9%
The debt ratio falls from 78.8% to 78.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€46k▼
2023 · €84k
Cash flow
€28k▼
2023 · €56k
Solvency
21.4%▲
2023 · 21.2%
Current ratio
2.26▲
2023 · 1.93
Quick ratio
1.07▲
2023 · 0.80
Debt / equity
3.68▼
2023 · 3.72
ROE
4.7%▼
2023 · 31.8%
ROA
1.0%▼
2023 · 6.7%
Interest coverage
3.33▼
2023 · 6.96
Debt
€461k▲
2023 · €444k
Debt ≤ 1 year
€145k▼
2023 · €153k
Debt > 1 year
€316k▲
2023 · €292k
Income taxes
€4k▼
2023 · €16k
Staff costs
€371▲
2023 · €267
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€564k€587k▲
Fixed assets21/28€270k€259k▼
Tangible fixed assets22/27€269k€258k▼
Land and buildings22€266k€250k▼
Plant, machinery and equipment23€716€306▼
Furniture and vehicles24€2k€8k▲
Financial fixed assets28€363€363=
Current assets29/58€294k€328k▲
Stocks and contracts in progress3€171k€173k▲
Stocks30/36€171k€173k▲
Amounts receivable within one year40/41€64k€131k▲
Trade receivables40€44k€126k▲
Other amounts receivable41€20k€5k▼
Cash at bank and in hand54/58€54k€22k▼
Deferred charges and accrued income490/1€5k€2k▼
Equity and liabilities
Total equity and liabilities10/49€564k€587k▲
Equity10/15€119k€125k▲
Contributions10/11€14k€14k=
Outside capital11-€14k
Other1109/19-€14k
Profit (loss) carried forward14€105k€111k▲
Amounts payable17/49€444k€461k▲
Amounts payable after more than one year17€292k€316k▲
Financial debts170/4€292k€316k▲
Amounts payable within one year42/48€153k€145k▼
Current portion of amounts payable after more than one year42€24k€22k▼
Trade debts44€56k€26k▼
Suppliers440/4€56k€26k▼
Advances received on contracts in progress46€5k-
Taxes, remuneration and social security45€20k€30k▲
Taxes450/3€20k€30k▲
Other amounts payable47/48€48k€66k▲
Income statement
Code20232024
Remuneration, social security and pensions62€267€371▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€22k▲
Other operating charges640/8€7k€10k▲
Gross operating margin9900€91k€56k▼
Operating profit (loss)9901€66k€23k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€12k€14k▲
Recurring financial charges65€12k€14k▲
Profit (loss) for the period before taxes9903€54k€10k▼
Income taxes67/77€16k€4k▼
Profit (loss) for the period9904€38k€6k▼
Profit (loss) for the period to be appropriated9905€38k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€105k€111k▲
Profit (loss) brought forward from the previous period14P€67k€105k▲
Transfer from equity791/2€2k-
Transfer to equity691/2€2k-
To contributions691€2k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
31-12
Financial
Equity above €100kEq €119k ▲46.6%
Equity rises from €81k to €119k.
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 141 days late
2022
31-12
Financial
Weakest financial yearnet €-890 ▼108%
Net result drops to €-890, the lowest in the series; recovery starts the following year.
22-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 114 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 1.61
Current ratio from 0.74 to 1.61; short-term debt falls from €231k to €194k.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
02-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 124 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Dour · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Grande 777370 DourGround area
266 m²
Building footprint
50 m²
Volume, LiDAR
422 m³
2 parcels, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SILVA CONSTRUCT
since 20122.366.220.968
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53020D0177/00H000 | Wallonia | 157 m² | 1 · 28 m² | 8.7 m · 3 fl. |
| 53020B1006/00A000 | Wallonia | 109 m² | 1 · 23 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 12,914 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-07-2012
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0470863640