SVB
ActiveSummary
SVB has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €190k and a net result of €26k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 47% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-2
Solvency70▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 2.16 in 2024; short-term debt: 34.3% and cash: 3.8% of total assets), but 55.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.8%
Return on assets
6.2%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
2 d early
2023
on the day
2022
on the day
2021
41 d early
2020
3 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€190k▲ 16.0%
2024 · €163k
2019: €63klowest in 7 years
2020: €86k▲ +37.9% vs 2019
2021: €105k▲ +21.1% vs 2020
2022: €126k▲ +20.8% vs 2021
2023: €139k▲ +10.3% vs 2022
2024: €163k▲ +17.2% vs 2023
2025: €190k▲ +16.0% vs 2024highest in 7 years
2019 → 2025
Total assets
€423k▲ 25.4%
2024 · €337k
2019: €176k
2020: €237k▲ +34.3% vs 2019
2021: €252k▲ +6.3% vs 2020
2022: €167k▼ -33.6% vs 2021lowest in 7 years
2023: €242k▲ +44.9% vs 2022
2024: €337k▲ +39.3% vs 2023
2025: €423k▲ +25.4% vs 2024highest in 7 years
2019 → 2025
Net result
€26k▲ 9.1%
2024 · €24k
2019: €38khighest in 7 years
2020: €24k▼ -37.0% vs 2019
2021: €18k▼ -23.2% vs 2020
2022: €22k▲ +19.2% vs 2021
2023: €13k▼ -40.0% vs 2022lowest in 7 years
2024: €24k▲ +84.0% vs 2023
2025: €26k▲ +9.1% vs 2024
2019 → 2025
Working capital
€136k▲ 19.9%
2024 · €114k
2019: €54klowest in 7 years
2020: €75k▲ +37.3% vs 2019
2021: €86k▲ +15.3% vs 2020
2022: €110k▲ +27.6% vs 2021
2023: €95k▼ -13.7% vs 2022
2024: €114k▲ +19.9% vs 2023
2025: €136k▲ +19.9% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€105k-€126k▲ 20.8%€139k▲ 10.3%€163k▲ 17.2%€190k▲ 16.0%
2021: €105klowest in 5 years
2022: €126k▲ +20.8% vs 2021
2023: €139k▲ +10.3% vs 2022
2024: €163k▲ +17.2% vs 2023
2025: €190k▲ +16.0% vs 2024highest in 5 years
Operating result€26k-€21k▼ 21.4%€23k▲ 12.2%€38k▲ 61.3%€42k▲ 12.3%
2021: €26k
2022: €21k▼ -21.4% vs 2021lowest in 5 years
2023: €23k▲ +12.2% vs 2022
2024: €38k▲ +61.3% vs 2023
2025: €42k▲ +12.3% vs 2024highest in 5 years
Net result€18k-€22k▲ 19.2%€13k▼ 40.0%€24k▲ 84.0%€26k▲ 9.1%
2021: €18k
2022: €22k▲ +19.2% vs 2021
2023: €13k▼ -40.0% vs 2022lowest in 5 years
2024: €24k▲ +84.0% vs 2023
2025: €26k▲ +9.1% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €423k
Fixed assets
€141k ▲ 13.1%
Current assets
€282k ▲ 32.7%
Equity and liabilities €423k
Equity
€190k ▲ 16.0%
Debt
€233k ▲ 34.3%
Debt's share of the balance-sheet total rises from 51.5% to 55.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€62k▲
2024 · €49k
Cash flow
€46k▲
2024 · €35k
Current ratio
1.94▼
2024 · 2.16
Quick ratio
1.65▼
2024 · 1.87
Debt to equity
1.23▲
2024 · 1.06
ROE
13.8%▼
2024 · 14.7%
ROA
6.2%▼
2024 · 7.1%
Interest coverage
9.70▲
2024 · 9.30
Debt ≤ 1 year
€145k▲
2024 · €98k
Debt > 1 year
€88k▲
2024 · €75k
Income taxes
€10k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€337k€423k▲
Fixed assets21/28€125k€141k▲
Tangible fixed assets22/27€125k€141k▲
Land and buildings22€100k€93k▼
Plant, machinery and equipment23€10k€8k▼
Furniture and vehicles24€16k€40k▲
Current assets29/58€212k€282k▲
Amounts receivable after more than one year29€12k€12k=
Other amounts receivable291€12k€12k=
Stocks and contracts in progress3€28k€42k▲
Stocks30/36€28k€42k▲
Amounts receivable within one year40/41€152k€207k▲
Trade receivables40€127k€183k▲
Other amounts receivable41€25k€24k▼
Cash at bank and in hand54/58€20k€16k▼
Deferred charges and accrued income490/1€415€5k▲
Equity and liabilities
Total equity and liabilities10/49€337k€423k▲
Equity10/15€163k€190k▲
Contributions10/11€6k€6k=
Reserves13€157k€183k▲
Tax-exempt reserves132€15k€15k=
Distributable reserves133€142k€168k▲
Amounts payable17/49€174k€233k▲
Amounts payable after more than one year17€75k€88k▲
Financial debts170/4€75k€88k▲
Amounts payable within one year42/48€98k€145k▲
Current portion of amounts payable after more than one year42€17k€20k▲
Trade debts44€69k€125k▲
Suppliers440/4€69k€125k▲
Other amounts payable47/48€13k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€20k▲
Other operating charges640/8€2k€7k▲
Gross operating margin9900€51k€68k▲
Operating profit (loss)9901€38k€42k▲
Financial income75/76B€464€54▼
Recurring financial income75€464€54▼
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€33k€36k▲
Income taxes67/77€9k€10k▲
Profit (loss) for the period9904€24k€26k▲
Profit (loss) for the period to be appropriated9905€24k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€26k▲
Transfer to equity691/2€24k€26k▲
To other reserves6921€24k€26k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €10k | €13k | €11k | €20k | ▲ 74.8% |
| Other operating charges640/8 | - | €18k | €2k | €2k | €7k | ▲ 257% |
| Gross operating margin9900 | €43k | €48k | €38k | €51k | €68k | ▲ 35.2% |
| Operating profit (loss)9901 | €26k | €21k | €23k | €38k | €42k | ▲ 12.3% |
| Financial income75/76B | - | €11k | €284 | €464 | €54 | ▼ 88.2% |
| Recurring financial income75 | €323 | €373 | €284 | €464 | €54 | ▼ 88.2% |
| Non-recurring financial income76B | - | €11k | - | - | - | - |
| Financial charges65/66B | - | €2k | €5k | €5k | €6k | ▲ 21.3% |
| Recurring financial charges65 | €2k | €2k | €5k | €5k | €6k | ▲ 21.3% |
| Profit (loss) for the period before taxes9903 | €24k | €30k | €18k | €33k | €36k | ▲ 9.4% |
| Income taxes67/77 | €6k | €8k | €5k | €9k | €10k | ▲ 10.4% |
| Profit (loss) for the period9904 | €18k | €22k | €13k | €24k | €26k | ▲ 9.1% |
| Profit (loss) for the period to be appropriated9905 | €18k | €22k | €13k | €24k | €26k | ▲ 9.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €252k | €167k | €242k | €337k | €423k | ▲ 25.4% |
| Fixed assets21/28 | €31k | €25k | €116k | €125k | €141k | ▲ 13.1% |
| Tangible fixed assets22/27 | €29k | €23k | €116k | €125k | €141k | ▲ 13.1% |
| Land and buildings22 | - | €6k | €106k | €100k | €93k | ▼ 6.5% |
| Plant, machinery and equipment23 | - | €11k | €8k | €10k | €8k | ▼ 20.9% |
| Furniture and vehicles24 | - | €6k | €2k | €16k | €40k | ▲ 158% |
| Financial fixed assets28 | €2k | €2k | - | - | - | - |
| Current assets29/58 | €221k | €142k | €126k | €212k | €282k | ▲ 32.7% |
| Amounts receivable after more than one year29 | - | €12k | €12k | €12k | €12k | = |
| Other amounts receivable291 | - | €12k | €12k | €12k | €12k | = |
| Stocks and contracts in progress3 | €24k | €25k | €32k | €28k | €42k | ▲ 47.7% |
| Stocks30/36 | - | €25k | €24k | €28k | €42k | ▲ 47.7% |
| Contracts in progress37 | - | - | €8k | - | - | - |
| Amounts receivable within one year40/41 | €161k | €100k | €75k | €152k | €207k | ▲ 36.1% |
| Trade receivables40 | - | €91k | €56k | €127k | €183k | ▲ 43.8% |
| Other amounts receivable41 | - | €9k | €19k | €25k | €24k | ▼ 3.4% |
| Cash at bank and in hand54/58 | €16k | €1k | €7k | €20k | €16k | ▼ 17.5% |
| Deferred charges and accrued income490/1 | - | €4k | €76 | €415 | €5k | ▲ 1,110% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €252k | €167k | €242k | €337k | €423k | ▲ 25.4% |
| Equity10/15 | €105k | €126k | €139k | €163k | €190k | ▲ 16.0% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €99k | €120k | €133k | €157k | €183k | ▲ 16.6% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Tax-exempt reserves132 | - | €15k | €15k | €15k | €15k | = |
| Distributable reserves133 | - | €103k | €116k | €142k | €168k | ▲ 18.4% |
| Amounts payable17/49 | €147k | €41k | €103k | €174k | €233k | ▲ 34.3% |
| Amounts payable after more than one year17 | €12k | €8k | €72k | €75k | €88k | ▲ 17.0% |
| Financial debts170/4 | - | €8k | €72k | €75k | €88k | ▲ 17.0% |
| Amounts payable within one year42/48 | €135k | €32k | €31k | €98k | €145k | ▲ 47.6% |
| Current portion of amounts payable after more than one year42 | - | €7k | €12k | €17k | €20k | ▲ 17.2% |
| Trade debts44 | €115k | €24k | €11k | €69k | €125k | ▲ 82.5% |
| Suppliers440/4 | - | €24k | €11k | €69k | €125k | ▲ 82.5% |
| Advances received on contracts in progress46 | - | - | €3k | - | - | - |
| Taxes, remuneration and social security45 | - | €338 | - | - | - | - |
| Taxes450/3 | - | €338 | - | - | - | - |
| Other amounts payable47/48 | - | €983 | €4k | €13k | - | - |
| Accrued charges and deferred income492/3 | - | €350 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €22k | €13k | €24k | €26k | ▲ 9.1% |
| + Depreciation and write-downs630 | €15k | €10k | €13k | €11k | €20k | ▲ 74.8% |
| Operating cash flow (approximation) | €34k | €31k | €26k | €35k | €46k | ▲ 30.0% |
| Investment in fixed assets (approximation) | - | €-4k | €-104k | €-20k | €-36k | ▼ 79.0% |
| Change in cash | - | €-15k | €6k | €13k | €-3k | ▼ 127% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Equity above €150kEq €163k ▲17.2%
6 profitable years in a row build equity to €163k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €13k ▼40%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Liquidity triplescurrent ratio 4.40
Current ratio from 1.64 to 4.40; short-term debt falls from €135k to €32k.
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Equity above €100kEq €105k ▲21.1%
3 profitable years in a row build equity to €105k.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Olen · 1 establishment unit since 2006
Ground area
1,005 m²
Building footprint
352 m²
Volume, LiDAR
1,531 m³
2 parcels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SVB
since 20062.159.495.558
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029G0372/00A002 | Flanders | 520 m² | 1 · 247 m² | 5.3 m · 1 fl. |
| 13029G0374/00B002 | Flanders | 485 m² | 1 · 105 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,340 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-11-2006
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
28250Manufacture of machinery and equipment not elsewhere classified
42110Construction of roads and motorways
43230Insulation installation
81300Landscape service activities
Scores and ratios are computed by Checked and are not a credit decision.