SEVANCO
ActiveSummary
SEVANCO has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €206,524 and a net result of -€25,575. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 65% of 3158 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability11▼-64
Solvency76▼-12
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 4.78 against 4.9 in 2024; short-term debt: 20.4% and cash: 47.8% of total assets), and 49.3% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
on the day
2023
1 d early
2022
3 d early
2021
3 d early
2020
18 d early
2019
83 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€206,524▼ 27.2%
2024 · €283,822
Total assets
€407,292▼ 9.6%
2024 · €450,776
Net result
-€25,575
2024 · €23,956
Working capital
€313,524▼ 9.3%
2024 · €345,518
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, 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
Line20212022202320242025
Operating result€23,946▼ 4.3%€12,667▼ 47.1%€22,273▲ 75.8%€42,090▲ 89.0%-€19,750
Net result€13,158within the sector's middle half▼ 15.0%€7,302within the sector's middle half▼ 44.5%€12,129within the sector's middle half▲ 66.1%€23,956within the sector's middle half▲ 97.5%-€25,575below the sector's middle half
Equity€251,681above the sector's middle half▲ 4.8%€258,983above the sector's middle half▲ 2.9%€259,866above the sector's middle half▲ 0.3%€283,822above the sector's middle half▲ 9.2%€206,524within the sector's middle half▼ 27.2%
Total assets€436,039within the sector's middle half▲ 11.1%€426,472within the sector's middle half▼ 2.2%€430,471within the sector's middle half▲ 0.9%€450,776within the sector's middle half▲ 4.7%€407,292within the sector's middle half▼ 9.6%
Debt€184,358▲ 21.0%€167,489▼ 9.2%€170,605▲ 1.9%€166,953▼ 2.1%€200,768▲ 20.3%
Working capital€304,201▲ 19.8%€303,762▼ 0.1%€313,403▲ 3.2%€345,518▲ 10.2%€313,524▼ 9.3%
Solvency57.7%above the sector's middle half▼ 3.5pp60.7%above the sector's middle half▲ 3.0pp60.4%within the sector's middle half▼ 0.4pp63.0%above the sector's middle half▲ 2.6pp50.7%within the sector's middle half▼ 12.3pp
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, 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 turns negative in 2025: a loss of €19,750 after €42,090 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €407,292
Fixed assets
€10,765 ▼ 35.4%
Current assets
€396,527 ▼ 8.7%
Equity and liabilities €407,292
Equity
€206,524 ▼ 27.2%
Debt
€200,768 ▲ 20.3%
Debt's share of the balance-sheet total rises from 37.0% to 49.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€13,848▼
2024 · €48,162
Cash flow
-€19,673▼
2024 · €30,028
Current ratio
4.78▼
2024 · 4.90
Debt to equity
0.97▲
2024 · 0.59
ROE
-12.4%▼
2024 · 8.4%
ROA
-6.3%▼
2024 · 5.3%
Interest coverage
-2.11▼
2024 · 7.28
Debt ≤ 1 year
€83,003▼
2024 · €88,590
Debt > 1 year
€113,123▲
2024 · €74,227
Income taxes
€470▼
2024 · €12,086
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 12,304 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2,391 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,808 | €4,154 | €5,810 | €6,072 | €5,903 | ▼ 2.8% |
| Other operating charges640/8 | €3,444 | €6,485 | €2,806 | €2,615 | €1,547 | ▼ 40.8% |
| Gross operating margin9900 | €33,197 | €23,306 | €30,889 | €50,777 | -€12,301 | ▼ 124% |
| Operating profit (loss)9901 | €23,946 | €12,667 | €22,273 | €42,090 | -€19,750 | ▼ 147% |
| Financial income75/76B | - | - | €0 | €566 | €1,195 | ▲ 111% |
| Recurring financial income75 | - | - | €0 | €566 | €1,195 | ▲ 111% |
| Financial charges65/66B | €2,301 | €2,933 | €3,679 | €6,614 | €6,550 | ▼ 1.0% |
| Recurring financial charges65 | €2,301 | €2,933 | €3,679 | €6,614 | €6,550 | ▼ 1.0% |
| Profit (loss) for the period before taxes9903 | €21,645 | €9,734 | €18,594 | €36,043 | -€25,105 | ▼ 170% |
| Income taxes67/77 | €8,487 | €2,431 | €6,464 | €12,086 | €470 | ▼ 96.1% |
| Profit (loss) for the period9904 | €13,158 | €7,302 | €12,129 | €23,956 | -€25,575 | ▼ 207% |
| Profit (loss) for the period to be appropriated9905 | €13,158 | €7,302 | €12,129 | €23,956 | -€25,575 | ▼ 207% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €436,039 | €426,472 | €430,471 | €450,776 | €407,292 | ▼ 9.6% |
| Fixed assets21/28 | €17,493 | €23,829 | €22,374 | €16,668 | €10,765 | ▼ 35.4% |
| Tangible fixed assets22/27 | €17,478 | €23,814 | €22,359 | €16,653 | €10,750 | ▼ 35.4% |
| Land and buildings22 | €138 | €4,201 | €3,743 | €3,286 | €2,828 | ▼ 13.9% |
| Plant, machinery and equipment23 | €4,596 | €7,042 | €5,180 | €3,686 | €1,860 | ▼ 49.5% |
| Furniture and vehicles24 | - | €2,326 | €1,506 | €685 | - | - |
| Other tangible fixed assets26 | €12,743 | €10,245 | €11,930 | €8,996 | €6,062 | ▼ 32.6% |
| Financial fixed assets28 | €15 | €15 | €15 | €15 | €15 | = |
| Current assets29/58 | €418,546 | €402,644 | €408,097 | €434,108 | €396,527 | ▼ 8.7% |
| Amounts receivable after more than one year29 | €28,770 | €17,770 | €5,770 | €1,770 | - | - |
| Other amounts receivable291 | €28,770 | €17,770 | €5,770 | €1,770 | - | - |
| Amounts receivable within one year40/41 | €36,530 | €24,695 | €22,193 | €13,329 | €7,404 | ▼ 44.4% |
| Trade receivables40 | €27,422 | €9,727 | €19,624 | €10,921 | €4,618 | ▼ 57.7% |
| Other amounts receivable41 | €9,109 | €14,968 | €2,569 | €2,408 | €2,786 | ▲ 15.7% |
| Cash at bank and in hand54/58 | €108,022 | €127,365 | €159,816 | €211,972 | €194,678 | ▼ 8.2% |
| Deferred charges and accrued income490/1 | €245,224 | €232,813 | €220,317 | €207,037 | €194,444 | ▼ 6.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €436,039 | €426,472 | €430,471 | €450,776 | €407,292 | ▼ 9.6% |
| Equity10/15 | €251,681 | €258,983 | €259,866 | €283,822 | €206,524 | ▼ 27.2% |
| Contributions10/11 | €6,197 | €8,057 | €8,057 | €8,057 | €8,057 | = |
| Capital10 | €6,197 | - | - | - | - | - |
| Issued capital100 | €18,592 | - | - | - | - | - |
| Uncalled capital101 | €12,395 | - | - | - | - | - |
| Reserves13 | €245,483 | €250,926 | €251,809 | €275,766 | €198,468 | ▼ 28.0% |
| Non-distributable reserves130/1 | €1,859 | - | - | - | - | - |
| Legal reserve130 | €1,859 | - | - | - | - | - |
| Distributable reserves133 | €243,624 | €250,926 | €251,809 | €275,766 | €198,468 | ▼ 28.0% |
| Amounts payable17/49 | €184,358 | €167,489 | €170,605 | €166,953 | €200,768 | ▲ 20.3% |
| Amounts payable after more than one year17 | €68,578 | €66,682 | €73,122 | €74,227 | €113,123 | ▲ 52.4% |
| Other amounts payable178/9 | €68,578 | €66,682 | €73,122 | €74,227 | €113,123 | ▲ 52.4% |
| Amounts payable within one year42/48 | €114,345 | €98,881 | €94,694 | €88,590 | €83,003 | ▼ 6.3% |
| Current portion of amounts payable after more than one year42 | €583 | - | - | - | - | - |
| Trade debts44 | €12,216 | €6,636 | €5,263 | €5,006 | €3,489 | ▼ 30.3% |
| Suppliers440/4 | €12,216 | €6,636 | €5,263 | €5,006 | €3,489 | ▼ 30.3% |
| Taxes, remuneration and social security45 | €4,585 | €1,080 | €1,777 | €1,773 | €1,989 | ▲ 12.2% |
| Taxes450/3 | €4,585 | €1,080 | €1,777 | €1,773 | €1,989 | ▲ 12.2% |
| Other amounts payable47/48 | €96,961 | €91,165 | €87,654 | €81,812 | €77,525 | ▼ 5.2% |
| Accrued charges and deferred income492/3 | €1,435 | €1,927 | €2,789 | €4,136 | €4,642 | ▲ 12.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,158 | €7,302 | €12,129 | €23,956 | -€25,575 | ▼ 207% |
| + Depreciation and write-downs630 | €5,808 | €4,154 | €5,810 | €6,072 | €5,903 | ▼ 2.8% |
| Operating cash flow (approximation) | €18,966 | €11,456 | €17,940 | €30,028 | -€19,673 | ▼ 166% |
| Investment in fixed assets (approximation) | - | -€10,490 | -€4,356 | -€365 | €0 | ▲ 100% |
| Change in cash | - | €19,343 | €32,451 | €52,156 | -€17,293 | ▼ 133% |
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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€25,575
Net result drops to -€25,575, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €23,956 ▲97.5%
Operating result €42,090, net result €23,956, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Ardooie · 1 establishment unit since 1996
Ground area
2,608 m²
Building footprint
685 m²
Volume, LiDAR
2,852 m³
Parcel 36001A0409/00R000, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Hoogbeverenstraat 22 A, 8850 Ardooie
since 19962.028.399.959
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36001A0409/00R000 | Flanders | 2,608 m² | 1 · 685 m² | 8.1 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteArdooie2.028.399.959
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Of 903 companies in sector 01461 we hold annual accounts for 295. 256 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
Founded01-10-1985
Fiscal year end31-12
Activities, NACEBEL 2025
01461Pig breeding farms
E-invoicing
Reachable via Peppol
Peppol ID
0208:0428223920
Also
9925:BE0428223920
Registered
01-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.