Checked.be
Active
BE 0429.201.541Private limited company (pre-2019)
SDV
Deinzestraat 64 ·9700 Oudenaarde, Belgium· 40 yrs active
Conclusion
The KBO register records legal situation 050 for SDV (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show negative equity (€-42k) and a net result of €-19k.
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €-42k |
| Net result | €-19k |
| Active | 40 yrs |
| Locations | 1 |
Financial profile
38
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
100
Solvency
33
Growth
58
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
0 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
0
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
No credit
open bankruptcy
Score history
20
2018
17
2019
17
2020
28
2021
7
2022
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.07 (< 1.0)
-10
Quick ratio
Quick ratio 0.07 (< 0.6)
-5
Equity
Negative equity
-25
Profitability
ROE 46% (≥ 10%)
+10
Interest coverage
Interest coverage 0.5× (< 1.5×)
-10
Profit trend
Net profit down YoY
-3
Bankruptcy
Open bankruptcy in the KBO legal situation
-60
Computed by Checked from the NBB filing for FY 2022 and the legal situation the KBO register itself records. Indicative, not credit advice.
Financial overview
Annual accounts filed on 19-06-2023 with the NBB · fiscal year 2022 · micro schema
€11k
-29.5%
18-22
€-19k
-343.7%
18-22
€-8k
-
18-22
€193k
+1.8%
18-22
€-42k
-84.8%
18-22
€-217k
-195.3%
18-22
€235k
+10.8%
18-22
€233k
+212.1%
18-22
€127k
-12.9%
18-22
0.07
+412.4%
18-22
0.07
+412.4%
18-22
-21.9%
-81.5%
18-22
-5.56
+40.1%
18-22
45.9%
+140.1%
18-22
-10.1%
-335.8%
18-22
0.49
-72.5%
18-22
Figures by fiscal year and ratios
Change versus the prior fiscal year, coloured by direction (green = favourable).
| Fiscal year | 2022 Δ | 2021 Δ | 2020 Δ | 2019 Δ | 2018 Δ |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | -29.5% | -7.5% | +7.1% | +9.4% | - |
| Net profit | -343.7% | +88.3% | -12.7% | -25.4% | - |
| Cash flow | - | - | -21.5% | -71.9% | - |
| Staff costs | - | - | - | - | - |
| Income taxes | - | - | - | - | - |
| Dividends | - | - | - | - | - |
| Total assets | +1.8% | -6.0% | -4.7% | -6.2% | - |
| Equity | -84.8% | -23.6% | -29.4% | -87.8% | - |
| Debt | +10.8% | -3.5% | -2.6% | -3.1% | - |
| of which ≤ 1y | +212.1% | +9.6% | +16.2% | +19.4% | - |
| of which > 1y | - | -12.9% | -10.9% | -9.4% | - |
| Working capital | -195.3% | -11.4% | -13.3% | -24.4% | - |
| Employees (FTE) | - | - | - | - | - |
Ratios (computed)
| 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|
| Current ratio | 0.07 | 0.01 | 0.03 | 0.00 | 0.04 |
| Quick ratio | 0.07 | 0.01 | 0.03 | 0.00 | 0.04 |
| Working capital ratio | -112.6% | -38.8% | -32.8% | -27.5% | -20.8% |
| Solvency | -21.9% | -12.1% | -9.2% | -6.8% | -3.4% |
| Debt / equity | -5.56 | -9.28 | -7.85 | -11.40 | -23.62 |
| Long-term debt ratio | - | -5.53 | -7.85 | -11.40 | -23.62 |
| Interest coverage | 0.49 | 1.78 | - | - | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -10.1% | -2.3% | -18.5% | -15.6% | -11.7% |
| ROE | 45.9% | 19.1% | 201.2% | 230.9% | 346.0% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2022
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €193k | €190k | €202k | €212k | €226k |
| Fixed assets | 21/28 | €178k | €189k | €200k | €212k | €224k |
| Tangible fixed assets | 22/27 | €178k | €189k | €200k | €212k | €224k |
| Current assets | 29/58 | €15k | €960 | €2k | €213 | €2k |
| Amounts receivable within one year | 40/41 | €15k | - | - | - | - |
| Cash & bank | 54/58 | - | €960 | €1k | €213 | €2k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €193k | €190k | €202k | €212k | €226k |
| Equity | 10/15 | €-42k | €-23k | €-19k | €-14k | €-8k |
| Contributions / capital | 10/11 | €19k | €19k | - | €19k | €19k |
| Reserves | 13 | €128 | €128 | €128 | €128 | €128 |
| Accumulated profits (losses) | 14 | €-61k | €-42k | €-37k | €-33k | €-26k |
| Amounts payable | 17/49 | €235k | €212k | €220k | €226k | €233k |
| Amounts payable after one year | 17 | - | €127k | €145k | €163k | €180k |
| Amounts payable within one year | 42/48 | €233k | €75k | €68k | €59k | €49k |
| Trade debts payable within one year | 44 | €14k | €14k | €9k | €6k | €3k |
| Income statement | ||||||
| Gross operating margin | 9900 | €14k | €18k | €18k | €17k | €16k |
| Operating result | 9901 | €-21 | €4k | €5k | €4k | €145 |
| Financial income | 75 | €3k | - | - | - | - |
| Financial charges | 65 | €22k | €9k | €9k | €10k | €11k |
| Result before taxes | 9903 | €-19k | €-4k | €-4k | €-7k | €-11k |
| Net result for the period | 9904 | €-19k | €-4k | €-4k | €-7k | €-11k |
| Result to be appropriated | 9905 | €-19k | €-4k | €-4k | €-7k | €-11k |
Legal Structure
| NACE primary | - |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 01-08-1986 |
| Status | Active |
| Postal code | 9700 |
Establishment units
SPIERS
since 19862.035.335.162
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45508A0373/00T000 | Flanders | 206 m² | 1 · 188 m² | - |
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.
Updates
2024
27-05
State Gazette act
Registered-office change
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 110 days late
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
21-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
Address history · 1
27-05-2024
Registered-office move
All acts · 1
updated 2 years ago
2024
27-05-2024 Registered office moved to Oudenaarde
- Deinzestraat 64 bus 1, 9700 Oudenaarde
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Deinzestraat 64 bus 1, 9700 Oudenaarde",
"city": "Oudenaarde",
"region": "vlaams_gewest",
"street": "Deinzestraat",
"country": "BE",
"postcode": "9700",
"box_number": "1",
"street_number": "64",
"locality_suffix": null
},
"old_address": null,
"effective_date": "2024-04-30",
"evidence_quote": "Uit de notulen van de bijzondere algemene vergadering dd. 30 april 2024 blijkt, met ingang van 30 april 2024 de verplaatsing van de maatschappelijke zetel naar Deinzestraat 64 bus 1, 9700 Oudenaarde.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Oudenaarde",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-05-27",
"filing_date": "2024-05-15",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2024-04-30",
"unanimous": null
},
"subject_company": {
"kbo": "0429.201.541",
"name_full": "vokit SDV",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "De Vos Thierry",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}Credit advice
No credit: a bankruptcy procedure is open.
Company registry (CBE)
Names & trade names
| Legal nameNL | SDV |