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SEVAN JANSSENS TRADING

Active
Private limited companyfounded 2020active for 6 yearsAlbert I laan 56, 8630 Veurne, BelgiumKBO/BCE: BE 0756.473.603
Summary

SEVAN JANSSENS TRADING has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,288 and a net result of -€15,204. Equity is growing by about 58% per year across the filed financial years. Its solvency ranks better than 28% of 13,626 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Wholesale of cars and light vans (up to 3.5 tonnes)
NACE 46711
1 site
Size
€304,656total assets 2025
Equity
€36,288
Loss
-€15,204
Turnover not published (micro format)
Financial health
65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
2025 accounts filed 8 days late3 deeds in the Belgian Official Gazette
Why 65raises riskFounded in 2020Equity €36,288 (11.9% of total assets)Loss of €15,204, the second in a row (financial year 2025)lowers riskSize: total assets €304,656Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 20% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Weak
Solvency 37-16
equity 11.9% of total assets
Liquidity 25-24
short-term debt 61.4% · cash 6.0%
Profitability 13=
return on assets -5.0%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,868 companies, NACE 46, micro)
Last 24 months 11-2024: 6.0% 12-2024: 7.0%▲ +1.0 percentage point vs 11-2024 01-2025: 9.1%▲ +2.1 percentage points vs 12-2024 02-2025: 9.1%● unchanged vs 01-2025 03-2025: 9.5%▲ +0.4 percentage points vs 02-2025highest value 04-2025: 8.9%▼ -0.6 percentage points vs 03-2025 05-2025: 8.9%● unchanged vs 04-2025 06-2025: 2.8%▼ -6.1 percentage points vs 05-2025 07-2025: 2.8%● unchanged vs 06-2025 08-2025: 2.8%● unchanged vs 07-2025 09-2025: 1.9%▼ -0.9 percentage points vs 08-2025 10-2025: 1.8%▼ -0.1 percentage points vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.7%▼ -0.1 percentage points vs 01-2026 03-2026: 1.8%▲ +0.1 percentage points vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 2.3%▲ +0.5 percentage points vs 04-2026 06-2026: 1.0%▼ -1.3 percentage points vs 05-2026lowest value 07-2026: 1.0%● unchanged vs 06-2026lowest value 08-2026: 1.0%● unchanged vs 07-2026lowest value 09-2026: 1.0%● unchanged vs 08-2026lowest value 10-2026: 1.0%● unchanged vs 09-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.53, compared with 4.22 in 2024, above the usual 1.5; short-term debt: 61.4% and cash: 6% of total assets), but 88.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 25% on solvency, 23% on liquidity, 18% on profitability and 15% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €304,656
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Equity €36,288 (11.9% of total assets)
NBB · annual accounts
raises risk · Loss of €15,204, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
21222425
2021 to 2025 · latest year -€15,204
raises risk · 2025 accounts filed 8 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 08-05-2026, 8 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
8 days late
2024
16 days late
2022
34 days early
2021
60 days late
← 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 13 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end24-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€15,204
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

2025 annual accounts filed late (8 days) Filed on 8 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00106031.

Equity
€36,288▼ 29.5%
2024 · €51,492
Total assets
€304,656▲ 67.9%
2024 · €181,487
Net result
-€15,204▼ 79.5%
2024 · -€8,471
Working capital
€99,967▼ 20.0%
2024 · €124,950
Trend over the years

2021 to 2025, 4 financial years

The operating result stays negative: a loss of €10,952 in 2025 against €6,549 in 2024; the loss grows and 2025 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€10,952 2025 Net result-€15,204 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2021202220242025
Operating result-€3,033-€235-€6,549--€10,952▼ 67.2%
Net result-€3,043below the sector's middle half-€5within the sector's middle half-€8,471below the sector's middle half--€15,204below the sector's middle half▼ 79.5%
Equity-€43below the sector's middle half--€38below the sector's middle half▲ 11.6%€51,492within the sector's middle half-€36,288within the sector's middle half▼ 29.5%
Total assets€1,295below the sector's middle half-€457below the sector's middle half▼ 64.7%€181,487within the sector's middle half-€304,656within the sector's middle half▲ 67.9%
Debt€1,338-€495▼ 63.0%€129,996-€268,369▲ 106%
Working capital-€43within the sector's middle half--€38within the sector's middle half▲ 11.6%€124,950above the sector's middle half-€99,967within the sector's middle half▼ 20.0%
Solvency28.4%within the sector's middle half-11.9%within the sector's middle half▼ 16.5pp
Current ratio4.22above the sector's middle half-1.53within the sector's middle half▼ 2.68
Return on assets (ROA)-4.7%below the sector's middle half--5.0%below the sector's middle half▼ 0.3pp
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €304,656
Fixed assets €17,697 ▼ 0.1%
Current assets €286,959 ▲ 75.2%
Equity and liabilities €304,656
Equity €36,288 ▼ 29.5%
Debt €268,369 ▲ 106%
Debt's share of the balance-sheet total rises from 71.6% to 88.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€9,949▼
2024 · -€6,203
Cash flow
-€14,201▼
2024 · -€8,124
Quick ratio
0.79▲
2024 · 0.57
Debt to equity
7.40▲
2024 · 2.52
ROE
-41.9%▼
2024 · -16.5%
Interest coverage
-2.33▲
2024 · -3.06
Debt ≤ 1 year
€186,992▲
2024 · €38,825
Debt > 1 year
€81,377▼
2024 · €91,171
Staff costs
€0▼
2024 · €284
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,548 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 91.3% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a small loss
4.3% went bankrupt
3.9% stopped otherwise
91.3% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
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 74.5% 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 1,548 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€181,487€304,656▲
Fixed assets21/28€17,712€17,697▼
Tangible fixed assets22/27€17,712€17,697▼
Plant, machinery and equipment23€3,322€4,044▲
Furniture and vehicles24€14,390€13,653▼
Current assets29/58€163,775€286,959▲
Stocks and contracts in progress3€141,765€139,433▼
Stocks30/36€141,765€139,433▼
Amounts receivable within one year40/41€197€122,913▲
Trade receivables40€197€122,913▲
Cash at bank and in hand54/58€9,313€18,387▲
Deferred charges and accrued income490/1€12,500€6,227▼
Equity and liabilities
Total equity and liabilities10/49€181,487€304,656▲
Equity10/15€51,492€36,288▼
Contributions10/11€63,000€63,000=
Profit (loss) carried forward14-€11,508-€26,712▼
Amounts payable17/49€129,996€268,369▲
Amounts payable after more than one year17€91,171€81,377▼
Financial debts170/4€91,171€81,377▼
Amounts payable within one year42/48€38,825€186,992▲
Current portion of amounts payable after more than one year42€22,433€23,319▲
Trade debts44€14,741€126,308▲
Suppliers440/4€14,741€126,308▲
Taxes, remuneration and social security45€1,652€37,366▲
Taxes450/3€1,652€37,366▲
Income statement Code20242025
Remuneration, social security and pensions62€284€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€347€1,003▲
Other operating charges640/8€953€789▼
Gross operating margin9900-€4,966-€9,159▼
Operating profit (loss)9901-€6,549-€10,952▼
Financial income75/76B€105€14▼
Recurring financial income75€105€14▼
Financial charges65/66B€2,026€4,266▲
Recurring financial charges65€2,026€4,266▲
Profit (loss) for the period before taxes9903-€8,471-€15,204▼
Profit (loss) for the period9904-€8,471-€15,204▼
Profit (loss) for the period to be appropriated9905-€8,471-€15,204▼
Appropriation of the result
Profit (loss) to be appropriated9906-€11,508-€26,712▼
Profit (loss) brought forward from the previous period14P-€3,038-€11,508▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220242025Change
Non-recurring operating income76A-€1,159---
Goods, raw materials, services and sundry goods60/61€2,316€466---
Remuneration, social security and pensions62--€284€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€347€1,003▲ 189%
Other operating charges640/8€717€458€953€789▼ 17.2%
Gross operating margin9900-€2,316€693-€4,966-€9,159▼ 84.4%
Operating profit (loss)9901-€3,033€235-€6,549-€10,952▼ 67.2%
Financial income75/76B--€105€14▼ 86.7%
Recurring financial income75--€105€14▼ 86.7%
Financial charges65/66B€10€230€2,026€4,266▲ 111%
Recurring financial charges65€10€230€2,026€4,266▲ 111%
Profit (loss) for the period before taxes9903-€3,043€5-€8,471-€15,204▼ 79.5%
Profit (loss) for the period9904-€3,043€5-€8,471-€15,204▼ 79.5%
Profit (loss) for the period to be appropriated9905-€3,043€5-€8,471-€15,204▼ 79.5%
Line2021202220242025Change
Assets
Total assets20/58€1,295€457€181,487€304,656▲ 67.9%
Fixed assets21/28--€17,712€17,697▼ 0.1%
Tangible fixed assets22/27--€17,712€17,697▼ 0.1%
Plant, machinery and equipment23--€3,322€4,044▲ 21.7%
Furniture and vehicles24--€14,390€13,653▼ 5.1%
Current assets29/58€1,295€457€163,775€286,959▲ 75.2%
Stocks and contracts in progress3--€141,765€139,433▼ 1.6%
Stocks30/36--€141,765€139,433▼ 1.6%
Amounts receivable within one year40/41-€165€197€122,913▲ 624×
Trade receivables40--€197€122,913▲ 624×
Other amounts receivable41-€165---
Cash at bank and in hand54/58€1,295€180€9,313€18,387▲ 97.4%
Deferred charges and accrued income490/1-€112€12,500€6,227▼ 50.2%
Equity and liabilities
Total equity and liabilities10/49€1,295€457€181,487€304,656▲ 67.9%
Equity10/15-€43-€38€51,492€36,288▼ 29.5%
Contributions10/11€3,000€3,000€63,000€63,000=
Profit (loss) carried forward14-€3,043-€3,038-€11,508-€26,712▼ 132%
Amounts payable17/49€1,338€495€129,996€268,369▲ 106%
Amounts payable after more than one year17--€91,171€81,377▼ 10.7%
Financial debts170/4--€91,171€81,377▼ 10.7%
Amounts payable within one year42/48€1,338€495€38,825€186,992▲ 382%
Current portion of amounts payable after more than one year42--€22,433€23,319▲ 4.0%
Trade debts44€216€495€14,741€126,308▲ 757%
Suppliers440/4€216€495€14,741€126,308▲ 757%
Taxes, remuneration and social security45€2-€1,652€37,366▲ 23×
Taxes450/3€2-€1,652€37,366▲ 23×
Other amounts payable47/48€1,120----
Line2021202220242025Change
Profit (loss) for the period9904-€3,043€5-€8,471-€15,204▼ 79.5%
+ Depreciation and write-downs630--€347€1,003▲ 189%
Operating cash flow (approximation)-€3,043€5-€8,124-€14,201▼ 74.8%
Investment in fixed assets (approximation)----€988-
Change in cash--€1,115-€9,074-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
30-09-2025 micro format 08-05-2026 2026-00106031
30-09-2024 micro format 16-05-2025 2025-00095762
31-12-2022 micro format 27-06-2023 2023-00160927
31-12-2021 micro format 29-09-2022 2022-20439347

Similar companies · same sector, comparable size

Of the 2,065 active companies whose main activity is wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711), figures are known for 1,115. 691 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

SEVAN JANSSENS TRADING was incorporated on 12 October 2020 as a private limited company.1 Total assets rose from €1,295 in 2021 to €304,656 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2021 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 30-04-2027
2026
08-05
NBB filing Annual accounts filed
financial year 2025 · micro format · 8 days late
2025
30-09
Financial Weakest financial yearnet -€15,204
Net result drops to -€15,204, the lowest in the series.
16-05
NBB filing Annual accounts filed
financial year 2024 · micro format · 16 days late
2024
30-09
Financial Liquidity more than quadruplescurrent ratio 4.22
Current ratio from 0.92 to 4.22.
2023
27-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial Back to profitnet €5
Net result €5 after one loss-making year.
29-09
NBB filing Annual accounts filed
financial year 2021 · micro format · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 3 deeds read
About the unread acts

We know of 3 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded12-10-2020
Financial year end30-09
Activities, NACEBEL 2025
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46712Wholesale trade
47812Retail trade
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
46713Wholesale trade
47120Other non-specialised retail sale
E-invoicing
Reachable via Peppol
Peppol ID 0208:0756473603
Registered 21-10-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 24 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Veurne · 1 establishment unit since 2020
registered office establishment The establishment unit on the map
Ground area
6,073 m²
Building footprint
1,216 m²
Building volume
8,775 m³
Parcel 38024A0134/00H000, Flanders · tallest building 8.1 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Sevan Janssens Trading
Albert I laan 56, 8630 VeurneWholesale of cars and light vans (up to 3.5 tonnes)
since 2020unit no. 2.308.550.213
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
38024A0134/00H000 Flanders 6,073 m² 1 · 1,216 m² 8.1 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.