D.SVN
ActiveD.SVN has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138k and a net result of €16k. Equity is growing by ~26.7% per year across the filed fiscal years. Its solvency ranks better than 69% of 10331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-1
Solvency81▲+16
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.76 against 1.96 in 2024; short-term debt: 30.5% and cash: 3.6% of total assets), and 43.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 47
Relative position
BE, all sectors
reference
Sector 47
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 2025Solvency, return and age of the figures
Solvency
56.4%
Return on assets
6.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 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 · 8 filingsDeviation from the deadline
2025
38 d late
2024
58 d early
2023
56 d late
2022
48 d early
2021
58 d late
2020
318 d late
2019
27 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€37k▼ 62.4%
2018 · €97k
2018: €97k
2018 → 2019
EBIT margin
19.1%▲ 3.3pp
2018 · 15.8%
2018: 15.8%
2018 → 2019
Net result
€16k▼ 26.5%
2024 · €21k
2018: €15k
2019: €7k
2020: €4k
2021: €8k
2022: €52k
2023: €7k
2024: €21k
2018 → 2025
Working capital
€131k▲ 15.8%
2024 · €113k
2018: €19k
2019: €23k
2020: €8k
2021: €29k
2022: €34k
2023: €92k
2024: €113k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€41k-€93k▲ 128%€100k▲ 7.6%€122k▲ 21.3%€138k▲ 12.9%
Operating result€12k-€54k▲ 362%€16k▼ 70.7%€37k▲ 134%€28k▼ 25.9%
Net result€8k-€52k▲ 538%€7k▼ 86.5%€21k▲ 203%€16k▼ 26.5%
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 2025; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €244k
Fixed assets
€39k▼ 48.3%
Current assets
€205k▼ 10.9%
Equity and liabilities €244k
Equity
€138k▲ 12.9%
Debt
€106k▼ 42.0%
The debt ratio falls from 60.1% to 43.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▼
2024 · €73k
Cash flow
€48k▼
2024 · €58k
Solvency
56.4%▲
2024 · 39.9%
Current ratio
2.76▲
2024 · 1.96
Quick ratio
2.76▲
2024 · 1.96
Debt / equity
0.77▼
2024 · 1.51
ROE
11.4%▼
2024 · 17.6%
ROA
6.5%▼
2024 · 7.0%
Interest coverage
22.68▲
2024 · 12.82
Debt
€106k▼
2024 · €183k
Debt ≤ 1 year
€74k▼
2024 · €118k
Debt > 1 year
€32k▼
2024 · €66k
Income taxes
€9k▼
2024 · €10k
Staff costs
€18k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€305k€244k▼
Fixed assets21/28€75k€39k▼
Tangible fixed assets22/27€75k€39k▼
Furniture and vehicles24€75k€39k▼
Current assets29/58€231k€205k▼
Amounts receivable within one year40/41€214k€182k▼
Trade receivables40€131k€122k▼
Other amounts receivable41€83k€60k▼
Cash at bank and in hand54/58€2k€9k▲
Deferred charges and accrued income490/1€15k€15k=
Equity and liabilities
Total equity and liabilities10/49€305k€244k▼
Equity10/15€122k€138k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€387€387=
Non-distributable reserves130/1€387€387=
Legal reserve130€387€387=
Profit (loss) carried forward14€115k€131k▲
Amounts payable17/49€183k€106k▼
Amounts payable after more than one year17€66k€32k▼
Financial debts170/4€66k€32k▼
Amounts payable within one year42/48€118k€74k▼
Current portion of amounts payable after more than one year42€36k€34k▼
Trade debts44€82k€40k▼
Suppliers440/4€82k€40k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€18k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€32k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€46k
Other operating charges640/8€2k€5k▲
Gross operating margin9900€75k€129k▲
Operating profit (loss)9901€37k€28k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€6k€3k▼
Recurring financial charges65€6k€3k▼
Profit (loss) for the period before taxes9903€31k€25k▼
Income taxes67/77€10k€9k▼
Profit (loss) for the period9904€21k€16k▼
Profit (loss) for the period to be appropriated9905€21k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€115k€131k▲
Profit (loss) brought forward from the previous period14P€94k€115k▲
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
Next filing, fiscal year 2026, expected by
2026
07-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 38 days late
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
2023
31-12
Financial
Equity above €100kEq €100k ▲7.6%
6 profitable years in a row build equity to €100k.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €52k ▲538%
Operating result €54k, net result €52k, both a record.
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 318 days late
2020
31-12
Financial
Weakest financial yearnet €4k ▼39.6%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
09-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 162 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 5.54
Current ratio from 2.32 to 5.54; short-term debt falls from €14k to €5k.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Gent · 1 establishment unit since 2017
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.
Dendermondsesteenweg 2919040 GentGround area
131 m²
Building footprint
145 m²
Volume, LiDAR
416 m³
2 parcels, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SEVEN
since 20172.269.294.610
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44432C0947/00E002 | Flanders | 68 m² | 1 · 60 m² | 12.3 m · 3 fl. |
| 44432C0962/00A003 | Flanders | 63 m² | 1 · 85 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.269.294.610
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Of 3,043 companies in sector 47221 we hold annual accounts for 1,562. 1,343 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-04-2017
Fiscal year end31-12
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
81300Landscape service activities
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:d.svn.bvba@gmail.com
Phone:+32488197292