SVF CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for SVF CONSTRUCT according to publications in the Belgian State Gazette; curator: CHARLOTTE PIERS.
Summary
The 2024 annual accounts show equity of €93k and a net result of €112k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
67 d late
2023
27 d late
2022
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€93k▲ 43.9%
2023 · €64k
2022: €33k
2023: €64k
2022 → 2024
Total assets
€233k▲ 108%
2023 · €112k
2022: €65k
2023: €112k
2022 → 2024
Net result
€112k▲ 261%
2023 · €31k
2022: €32k
2023: €31k
2022 → 2024
Working capital
€41k▼ 26.1%
2023 · €55k
2022: €29k
2023: €55k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€33k-€64k▲ 93.4%€93k▲ 43.9%
Operating result€43k-€42k▼ 3.2%€151k▲ 262%
Net result€32k-€31k▼ 3.7%€112k▲ 261%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 262% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €233k
Fixed assets
€52k ▲ 458%
Current assets
€181k ▲ 76.6%
Equity and liabilities €233k
Equity
€93k ▲ 43.9%
Debt
€140k ▲ 196%
Debt's share of the balance-sheet total rises from 42.4% to 60.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€162k▲
2023 · €45k
Cash flow
€123k▲
2023 · €34k
Current ratio
1.29▼
2023 · 2.16
Debt to equity
1.51▲
2023 · 0.74
ROE
121.2%▲
2023 · 48.3%
ROA
48.2%▲
2023 · 27.8%
Interest coverage
637.67▲
2023 · 203.02
Debt ≤ 1 year
€140k▲
2023 · €47k
Income taxes
€39k▲
2023 · €10k
Staff costs
€7k▼
2023 · €45k
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 · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€112k€233k▲
Fixed assets21/28€9k€52k▲
Tangible fixed assets22/27€9k€52k▲
Plant, machinery and equipment23-€11k
Furniture and vehicles24€9k€41k▲
Current assets29/58€102k€181k▲
Amounts receivable within one year40/41€101k€174k▲
Trade receivables40€36k€57k▲
Other amounts receivable41€65k€117k▲
Cash at bank and in hand54/58€114€5k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€112k€233k▲
Equity10/15€64k€93k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€63k€92k▲
Amounts payable17/49€47k€140k▲
Amounts payable within one year42/48€47k€140k▲
Trade debts44€16k€878▼
Suppliers440/4€16k€878▼
Taxes, remuneration and social security45€32k€55k▲
Taxes450/3€23k€50k▲
Remuneration and social security454/9€9k€5k▼
Other amounts payable47/48-€84k
Income statement
Code20232024
Remuneration, social security and pensions62€45k€7k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€11k▲
Other operating charges640/8€9k€5k▼
Gross operating margin9900€100k€174k▲
Operating profit (loss)9901€42k€151k▲
Financial income75/76B€4€1▼
Recurring financial income75€4€1▼
Financial charges65/66B€221€254▲
Recurring financial charges65€221€254▲
Profit (loss) for the period before taxes9903€42k€151k▲
Income taxes67/77€10k€39k▲
Profit (loss) for the period9904€31k€112k▲
Profit (loss) for the period to be appropriated9905€31k€112k▲
Appropriation of the result
Profit (loss) to be appropriated9906€63k€176k▲
Profit (loss) brought forward from the previous period14P€32k€63k▲
Profit to be distributed694/7-€84k
Return on contributions (dividend)694-€84k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
10-03
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · SVF CONSTRUCT BV BERGEN- SESTEENWEG 421/13, 1600 SINT-PIETERS-LEEUW · event 03-03-2026
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 67 days late
2024
31-12
Financial
Highest result since 2022net €112k ▲261%
Operating result €151k, net result €112k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Weakest financial yearnet €31k ▼3.7%
Net result drops to €31k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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
1 establishment unit since 2021
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.
Ground area
8,601 m²
Building footprint
1,611 m²
Volume, LiDAR
2,733 m³
2 parcels, Brussels, Flanders · tallest building 15.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SVF CONSTRUCT
since 20212.319.666.314
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0505/00E000 | Flanders | 8,312 m² | 1 · 1,330 m² | - |
| 21815D0025/00E005 | Brussels | 290 m² | 1 · 281 m² | 15.8 m · 4 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLOTTE PIERS GROENKRAAGLAAN 3,
1170 BRUSSEL 17 |
03-03-2026 → present |
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Of 7,293 companies in sector 43350 we hold annual accounts for 2,363. 1,989 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43331Floor and wall tiling
43350Other building finishing work
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:vas.flo1985@gmail.com
Phone:0492480675