S&V
ActiveSummary
The computed 12-month bankruptcy probability of S&V is 1.6% (moderate). The 2025 annual accounts show equity of €303,473 and a net result of €57,583. Equity is growing by ~31.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 18606 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability91▼-9
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 16.79 against 12.21 in 2024; short-term debt: 5.9% and cash: 83.4% of total assets), and 5.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
94.1%
Return on assets
17.9%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
44 d early
2023
41 d early
2022
41 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 24 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 21 June (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€303,473▲ 23.4%
2024 · €245,890
Total assets
€322,337▲ 20.7%
2024 · €267,111
Net result
€57,583▼ 13.0%
2024 · €66,211
Working capital
€297,925▲ 25.2%
2024 · €237,914
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€120,938-€128,711▲ 6.4%€98,985▼ 23.1%€86,526▼ 12.6%
Net result€85,105above the sector's middle half-€90,573above the sector's middle half▲ 6.4%€66,211above the sector's middle half▼ 26.9%€57,583above the sector's middle half▼ 13.0%
Equity€95,105within the sector's middle half-€179,678above the sector's middle half▲ 88.9%€245,890above the sector's middle half▲ 36.8%€303,473above the sector's middle half▲ 23.4%
Total assets€134,713within the sector's middle half-€254,675within the sector's middle half▲ 89.0%€267,111within the sector's middle half▲ 4.9%€322,337within the sector's middle half▲ 20.7%
Debt€39,608-€74,996▲ 89.3%€21,222▼ 71.7%€18,864▼ 11.1%
Working capital€92,515above the sector's middle half-€176,754above the sector's middle half▲ 91.1%€237,914above the sector's middle half▲ 34.6%€297,925above the sector's middle half▲ 25.2%
Solvency70.6%above the sector's middle half-70.6%above the sector's middle half=92.1%above the sector's middle half▲ 21.5pp94.1%above the sector's middle half▲ 2.1pp
Current ratio3.36above the sector's middle half-3.36above the sector's middle half=12.21above the sector's middle half▲ 8.8516.79above the sector's middle half▲ 4.58
Return on assets (ROA)63.2%above the sector's middle half-35.6%above the sector's middle half▼ 27.6pp24.8%above the sector's middle half▼ 10.8pp17.9%above the sector's middle half▼ 6.9pp
Staff (FTE)0.8-0.9▲ 12.5%0.9=
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 13% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €322,337
Fixed assets
€5,548 ▼ 30.4%
Current assets
€316,789 ▲ 22.2%
Equity and liabilities €322,337
Equity
€303,473 ▲ 23.4%
Debt
€18,864 ▼ 11.1%
Debt's share of the balance-sheet total falls from 7.9% to 5.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€88,954▼
2024 · €100,295
Cash flow
€60,011▼
2024 · €67,521
Quick ratio
14.94▲
2024 · 10.76
Debt to equity
0.06▼
2024 · 0.09
ROE
19.0%▼
2024 · 26.9%
Interest coverage
56.01▲
2024 · 49.10
Debt ≤ 1 year
€18,864▼
2024 · €21,222
Income taxes
€27,379▼
2024 · €30,796
Staff costs
€36,894▲
2024 · €20,072
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €9,825 | €22,735 | €20,072 | €36,894 | ▲ 83.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €605 | €840 | €1,310 | €2,428 | ▲ 85.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €43,100 | - | - |
| Other operating charges640/8 | - | - | - | €838 | - |
| Gross operating margin9900 | €131,368 | €152,286 | €163,467 | €126,686 | ▼ 22.5% |
| Operating profit (loss)9901 | €120,938 | €128,711 | €98,985 | €86,526 | ▼ 12.6% |
| Financial income75/76B | - | - | €65 | €24 | ▼ 62.7% |
| Recurring financial income75 | - | - | €65 | €24 | ▼ 62.7% |
| Financial charges65/66B | €1,415 | €2,525 | €2,043 | €1,588 | ▼ 22.3% |
| Recurring financial charges65 | €1,415 | €2,525 | €2,043 | €1,588 | ▼ 22.3% |
| Profit (loss) for the period before taxes9903 | €119,523 | €126,186 | €97,007 | €84,962 | ▼ 12.4% |
| Income taxes67/77 | €34,418 | €35,613 | €30,796 | €27,379 | ▼ 11.1% |
| Profit (loss) for the period9904 | €85,105 | €90,573 | €66,211 | €57,583 | ▼ 13.0% |
| Profit (loss) for the period to be appropriated9905 | €85,105 | €90,573 | €66,211 | €57,583 | ▼ 13.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €134,713 | €254,675 | €267,111 | €322,337 | ▲ 20.7% |
| Fixed assets21/28 | €2,938 | €2,924 | €7,976 | €5,548 | ▼ 30.4% |
| Tangible fixed assets22/27 | €2,938 | €2,924 | €7,976 | €5,548 | ▼ 30.4% |
| Plant, machinery and equipment23 | €2,938 | €2,924 | €7,976 | €5,548 | ▼ 30.4% |
| Current assets29/58 | €131,775 | €251,750 | €259,135 | €316,789 | ▲ 22.2% |
| Stocks and contracts in progress3 | €31,336 | €60,895 | €30,777 | €35,011 | ▲ 13.8% |
| Stocks30/36 | €31,336 | €60,895 | €30,777 | €35,011 | ▲ 13.8% |
| Amounts receivable within one year40/41 | - | €1,239 | €5,704 | €8,174 | ▲ 43.3% |
| Trade receivables40 | - | - | - | €2,238 | - |
| Other amounts receivable41 | - | €1,239 | €5,704 | €5,937 | ▲ 4.1% |
| Cash at bank and in hand54/58 | €99,002 | €189,266 | €222,285 | €268,897 | ▲ 21.0% |
| Deferred charges and accrued income490/1 | €1,437 | €351 | €369 | €4,706 | ▲ 1,176% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €134,713 | €254,675 | €267,111 | €322,337 | ▲ 20.7% |
| Equity10/15 | €95,105 | €179,678 | €245,890 | €303,473 | ▲ 23.4% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €80,000 | €164,000 | €229,000 | €286,000 | ▲ 24.9% |
| Distributable reserves133 | €80,000 | €164,000 | €229,000 | €286,000 | ▲ 24.9% |
| Profit (loss) carried forward14 | €5,105 | €5,678 | €6,890 | €7,473 | ▲ 8.5% |
| Amounts payable17/49 | €39,608 | €74,996 | €21,222 | €18,864 | ▼ 11.1% |
| Amounts payable within one year42/48 | €39,260 | €74,996 | €21,222 | €18,864 | ▼ 11.1% |
| Current portion of amounts payable after more than one year42 | €5,029 | €5,094 | - | - | - |
| Trade debts44 | €4,759 | €27,452 | €4,029 | €4,171 | ▲ 3.5% |
| Suppliers440/4 | €4,759 | €27,452 | €4,029 | €4,171 | ▲ 3.5% |
| Taxes, remuneration and social security45 | €17,387 | €36,450 | €16,142 | €14,693 | ▼ 9.0% |
| Taxes450/3 | €15,294 | €34,311 | €12,186 | €12,703 | ▲ 4.2% |
| Remuneration and social security454/9 | €2,093 | €2,140 | €3,956 | €1,990 | ▼ 49.7% |
| Other amounts payable47/48 | €12,085 | €6,000 | €1,051 | - | - |
| Accrued charges and deferred income492/3 | €348 | - | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €85,105 | €90,573 | €66,211 | €57,583 | ▼ 13.0% |
| + Depreciation and write-downs630 | €605 | €840 | €1,310 | €2,428 | ▲ 85.3% |
| Operating cash flow (approximation) | €85,710 | €91,413 | €67,521 | €60,011 | ▼ 11.1% |
| Investment in fixed assets (approximation) | - | -€826 | -€6,362 | €0 | ▲ 100% |
| Change in cash | - | €90,264 | €33,020 | €46,612 | ▲ 41.2% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €57,583 ▼13%
Net result drops to €57,583, the lowest in the series.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 12.21
Current ratio from 3.36 to 12.21; short-term debt falls from €74,996 to €21,222.
31-12
Financial
Equity above €200,000Eq €245,890 ▲36.8%
3 profitable years in a row build equity to €245,890.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €90,573 ▲6.4%
Operating result €128,711, net result €90,573, both a record.
31-12
Financial
Equity above €150,000Eq €179,678 ▲88.9%
2 profitable years in a row build equity to €179,678.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Hannut · 1 establishment unit since 2021
Ground area
257 m²
Building footprint
63 m²
Volume, LiDAR
580 m³
Parcel 64034B0684/00G002, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
S&V
since 20212.337.924.385
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64034B0684/00G002 | Wallonia | 257 m² | 1 · 62 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 417 companies in sector 47260 we hold annual accounts for 264. 192 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
Founded24-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47260Retail trade
47789Other retail sale of new goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0777645436
Registered
10-12-2021
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.