SVV

Active

Private limited companyfounded 20242 yrs active't Walletje 59, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 1009.348.346

Summary

The computed 12-month bankruptcy probability of SVV is 3.1% (moderate). The 2024 annual accounts show equity of €246k and a net result of €241k. Its solvency ranks better than 29% of 803 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

54 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes

Profitability95

Solvency46

Growth-

Track record67

Bankruptcy probability, 12 months

3.1% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €13k at 30 days only on tighter terms

Liquidity tight (current ratio 1.27; short-term debt: 78.8% and cash: 17.5% of total assets), and 78.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 10

Relative position

BE, all sectors

reference

Sector 10

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 · 1 filing

Deviation from the deadline

2024

25 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€246k

Total assets

€1.16M

Net result

€241k

Working capital

€245k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition

Equity and liabilities €1.16M

21.2%

78.8%

Equity €246k

Debt €914k

Debt finances 78.8% of the balance-sheet total.

Key figures and ratios

2024 value

EBITDA

€318k

Cash flow

€242k

Current ratio

1.27

Debt to equity

3.72

ROE

98.0%

ROA

20.8%

Interest coverage

490.81

Debt ≤ 1 year

€914k

Income taxes

€75k

Staff costs

€335k

Filed annual accounts As filed with the NBB · 2024 · 34 lines

Balance sheet Code2024

Assets

Total assets20/58€1.16M

Formation expenses20€735

Current assets29/58€1.16M

Amounts receivable within one year40/41€949k

Trade receivables40€473k

Other amounts receivable41€476k

Cash at bank and in hand54/58€203k

Deferred charges and accrued income490/1€7k

Equity and liabilities

Total equity and liabilities10/49€1.16M

Equity10/15€246k

Contributions10/11€5k

Reserves13€241k

Distributable reserves133€241k

Amounts payable17/49€914k

Amounts payable within one year42/48€914k

Trade debts44€790k

Suppliers440/4€790k

Taxes, remuneration and social security45€123k

Taxes450/3€71k

Remuneration and social security454/9€52k

Income statement Code2024

Remuneration, social security and pensions62€335k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k

Other operating charges640/8€488

Gross operating margin9900€653k

Operating profit (loss)9901€317k

Financial charges65/66B€647

Recurring financial charges65€647

Profit (loss) for the period before taxes9903€316k

Income taxes67/77€75k

Profit (loss) for the period9904€241k

Profit (loss) for the period to be appropriated9905€241k

Appropriation of the result

Profit (loss) to be appropriated9906€241k

Transfer to equity691/2€241k

To other reserves6921€241k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2025

25-08

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 25 days late

NBB filing

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

Registered office, Knokke-Heist · 2 establishment units since 2024

establishment All 2 establishment units on the map

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.

't Walletje 598300 Knokke-Heist

Ground area

12.9 ha

Building footprint

5.6 ha

Volume, LiDAR

414,575 m³

3 parcels, Flanders · tallest building 18.3 m, ±2 floors. Linked by address, not a title deed.

2 establishment units

MR.GEORGES Overijse

Brusselsesteenweg 399, 3090 OverijseManufacture of food products

since 20242.359.444.826

MR.GEORGES Waasland

Kapelstraat 100, 9100 Sint-NiklaasManufacture of food products

since 20242.359.445.123

3 parcels

Flanders 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
46445D1155/00R000	Flanders	10.8 ha	1 · 5.0 ha	18.2 m · 2 fl.
23062M0731/00P000	Flanders	1.8 ha	1 · 5,042 m²	14.8 m · 2 fl.
31039F0138/00C002	Flanders	3,262 m²	1 · 942 m²	7.9 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 2

3 of 3 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

2 sites

Overijse2.359.444.826

1 permission

Toelating · Vleeswinkel · since 25-06-2024

Sint-Niklaas2.359.445.123

1 permission

Toelating · Vleeswinkel · since 25-06-2024

Similar companies · same sector, comparable size

ETS LECLERCQS - BERNARD

BE 0458.927.784

Flémalle · Eq €243,339

SUSHI DELIGHT

BE 0775.764.626

Tervuren · Eq €243,072

Colors Kitchen

BE 0793.770.794

Anderlecht · Eq €255,396

Anderlecht · Eq €264,817

Of 446 companies in sector 10850 we hold annual accounts for 173. 105 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

Founded14-05-2024

Fiscal year end31-12

Activities, NACEBEL 2025

10850Manufacture of food products

47110Non-specialised retail sale with food, beverages or tobacco predominating

46190Agents in non-specialised wholesale trade

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.