SVEN DEREZ
ActiveSVEN DEREZ has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €448k and a net result of €82k. Equity is growing by ~23.5% per year across the filed fiscal years. Its solvency ranks better than 92% of 7446 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▼-7
Solvency100▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 4.08 against 2.4 in 2023; short-term debt: 15.4% and cash: 33.6% of total assets), and 15.4% of the assets are financed with debt.
Credit advice 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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
84.6%
Return on assets
15.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-08-2025, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
19 d late
2023
31 d late
2022
31 d late
2021
34 d early
2020
61 d late
2019
167 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€448k▲ 4.5%
2023 · €429k
2018: €99k
2019: €141k
2020: €228k
2021: €273k
2022: €357k
2023: €429k
2018 → 2024
Total assets
€530k▼ 8.0%
2023 · €576k
2018: €175k
2019: €262k
2020: €355k
2021: €402k
2022: €544k
2023: €576k
2018 → 2024
Net result
€82k▼ 30.8%
2023 · €119k
2018: €110k
2019: €59k
2020: €107k
2021: €115k
2022: €103k
2023: €119k
2018 → 2024
Working capital
€251k▲ 22.0%
2023 · €206k
2018: €72k
2019: €110k
2020: €189k
2021: €216k
2022: €224k
2023: €206k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€228k-€273k▲ 19.8%€357k▲ 30.4%€429k▲ 20.2%€448k▲ 4.5%
Operating result€144k-€153k▲ 6.9%€138k▼ 10.4%€143k▲ 4.0%€98k▼ 31.6%
Net result€107k-€115k▲ 6.9%€103k▼ 9.9%€119k▲ 15.4%€82k▼ 30.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 32% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €530k
Fixed assets
€197k▼ 11.6%
Current assets
€333k▼ 5.8%
Equity and liabilities €530k
Equity
€448k▲ 4.5%
Debt
€82k▼ 44.6%
The debt ratio falls from 25.6% to 15.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€143k▼
2023 · €177k
Cash flow
€127k▼
2023 · €154k
Solvency
84.6%▲
2023 · 74.4%
Current ratio
4.08▲
2023 · 2.40
Quick ratio
4.00▲
2023 · 2.39
Debt / equity
0.18▼
2023 · 0.34
ROE
18.4%▼
2023 · 27.8%
ROA
15.6%▼
2023 · 20.7%
Interest coverage
425.21▲
2023 · 190.47
Debt
€82k▼
2023 · €147k
Debt ≤ 1 year
€82k▼
2023 · €147k
Income taxes
€15k▼
2023 · €25k
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€576k€530k▼
Fixed assets21/28€223k€197k▼
Intangible fixed assets21-€2k
Tangible fixed assets22/27€223k€195k▼
Land and buildings22€70k€70k=
Plant, machinery and equipment23€109k€95k▼
Furniture and vehicles24€44k€31k▼
Current assets29/58€354k€333k▼
Stocks and contracts in progress3€1k€6k▲
Stocks30/36€1k€6k▲
Amounts receivable within one year40/41€194k€149k▼
Trade receivables40€162k€106k▼
Other amounts receivable41€32k€43k▲
Cash at bank and in hand54/58€158k€178k▲
Equity and liabilities
Total equity and liabilities10/49€576k€530k▼
Equity10/15€429k€448k▲
Contributions10/11€19k€19k=
Reserves13€310k€430k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€308k€428k▲
Profit (loss) carried forward14€100k-
Amounts payable17/49€147k€82k▼
Amounts payable within one year42/48€147k€82k▼
Trade debts44€91k€59k▼
Suppliers440/4€91k€59k▼
Taxes, remuneration and social security45€36k€2k▼
Taxes450/3€36k€2k▼
Other amounts payable47/48€20k€20k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€45k▲
Other operating charges640/8€11k€3k▼
Non-recurring operating charges66A€4k-
Gross operating margin9900€193k€146k▼
Operating profit (loss)9901€143k€98k▼
Financial income75/76B€2k€489▼
Recurring financial income75€2k€489▼
Financial charges65/66B€932€336▼
Recurring financial charges65€932€336▼
Profit (loss) for the period before taxes9903€144k€98k▼
Income taxes67/77€25k€15k▼
Profit (loss) for the period9904€119k€82k▼
Profit (loss) for the period to be appropriated9905€119k€82k▼
Appropriation of the result
Profit (loss) to be appropriated9906€120k€183k▲
Profit (loss) brought forward from the previous period14P€1k€100k▲
Transfer from equity791/2€27k€43k▲
Transfer to equity691/2-€163k
To other reserves6921-€163k
Profit to be distributed694/7€47k€63k▲
Return on contributions (dividend)694€27k€43k▲
Directors or managers695€20k€20k=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 19 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
31-12
Financial
Highest result since 2018net €119k ▲15.4%
Net result €119k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 167 days late
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 533 days late
2020
31-12
Financial
Equity above €200kEq €228k ▲61.8%
3 profitable years in a row build equity to €228k.
2019
31-12
Financial
Weakest financial yearnet €59k ▼45.8%
Net result drops to €59k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €141k ▲41.9%
2 profitable years in a row build equity to €141k.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kortrijk · 1 establishment unit since 2018
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.
Sint-Katharinastraat(Heu) 608501 KortrijkGround area
1,247 m²
Building footprint
158 m²
Parcel 34016B0251/00Z002, Flanders. Linked by address, not a title deed.
1 establishment unit
SVEN DEREZ
since 20182.272.197.779
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016B0251/00Z002 | Flanders | 1,247 m² | 1 · 158 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 549 EUR awarded · 549 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 120 EUR | 120 EUR |
| 2024 | 1 | 234 EUR | 234 EUR |
| 2023 | 1 | 195 EUR | 195 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,365 companies in sector 43110 we hold annual accounts for 632. 437 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2018
Fiscal year end31-12
Activities, NACEBEL
43110Demolition
43120Site preparation
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.