Checked.be
Active
BE 0746.525.955Private limited companyOpen bankruptcy
SEVERS CONSTRUCT
· 6 yrs active
Sector: Plumbing
(43221)
Conclusion
A bankruptcy procedure is open for SEVERS CONSTRUCT according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-43k) and a net result of €-58k.
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €-43k |
| Net result | €-58k |
| Better than sector | 5% |
| Active | 6 yrs |
Snowflake analysis
33
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
100
Solvency
33
Growth
32
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
50 / 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.
Components
· Open bankruptcy (+50)
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.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
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.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2024 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 26-09-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -83.8% | 40.9% | |
| Net result | €-58k | €11k | |
| Equity | €-43k | €34k | |
| Gross operating margin | €-27k | €35k | |
| Staff costs | €12k | €25k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€-41k
-
21-24
€-58k
-
21-24
€-45k
-
21-24
€51k
-53.2%
21-24
€-43k
-
21-24
€-70k
-191.0%
21-24
2
-
21-24
€12k
-34.3%
21-24
€4k
+168.6%
21-24
€94k
+0.1%
21-24
€94k
+1.1%
21-24
0.26
-65.3%
21-24
0.20
-70.9%
21-24
-83.8%
-
21-24
-2.19
-
21-24
135.8%
+1670.1%
21-24
-113.8%
-
21-24
-173.67
-
21-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-41k |
| Net profit | €-58k |
| Cash flow | €-45k |
| Staff costs | €12k |
| Income taxes | €4k |
| Dividends | - |
| Total assets | €51k |
| Equity | €-43k |
| Debt | €94k |
| of which ≤ 1y | €94k |
| of which > 1y | - |
| Working capital | €-70k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.26 |
| Quick ratio | 0.20 |
| Working capital ratio | -136.5% |
| Solvency | -83.8% |
| Debt / equity | -2.19 |
| Long-term debt ratio | - |
| Interest coverage | -173.67 |
| Gross margin | - |
| Net margin | - |
| ROA | -113.8% |
| ROE | 135.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €51k |
| Fixed assets | 21/28 | €27k |
| Tangible fixed assets | 22/27 | €27k |
| Financial fixed assets | 28 | €50 |
| Current assets | 29/58 | €24k |
| Stocks & contracts in progress | 3 | €5k |
| Amounts receivable within one year | 40/41 | €12k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €51k |
| Equity | 10/15 | €-43k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-46k |
| Amounts payable | 17/49 | €94k |
| Amounts payable within one year | 42/48 | €94k |
| Trade debts payable within one year | 44 | €49k |
| Income statement | ||
| Gross operating margin | 9900 | €-27k |
| Operating result | 9901 | €-54k |
| Financial charges | 65 | €234 |
| Result before taxes | 9903 | €-54k |
| Income taxes | 67/77 | €4k |
| Net result for the period | 9904 | €-58k |
| Result to be appropriated | 9905 | €-58k |
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | ERIC FLAMéE EILAND 27, 9520 SINT-LIEVENS-
HOUTEM |
28-04-2026 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Plumbing(43221) |
| Legal form | Private limited company(610) |
| Incorporation | 27-04-2020 |
| Status | Active |
| Postal code | - |
| First BS signal | 05-05-2026 |
| Latest BS signal | 05-05-2026 |
Company structure, linked entities
Mandates
↔
1
of these mandate-holders are active on other cases, click any red card to open that KBO.
Establishment units
SEVERS CONSTRUCT
since 20202.304.202.831
Tavernes des Arts
since 20202.313.817.214
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
2
(66.7%)
Wallonia
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051B0061/00M004 | Flanders | 1.2 ha | 1 · 2,078 m² | 20.9 m · 5 fl. |
| 44807G0728/02L013 | Flanders | 1,619 m² | 1 · 1,590 m² | 18.6 m · 1 fl. |
| 52020C0093/00H000 | Wallonia | 232 m² | 1 · 87 m² | - |
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2026
05-05-2026
Bankruptcy
Opening
2025
26-09-2025
NBB filing
Annual accounts filed
08-01-2025
NBB filing
Annual accounts filed
2022
23-11-2022
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
05-05-2026
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE)
Activities
Loodgieterswerk43221Sanitaire werkzaamheden43221Cafés en bars56301Cafés en bars56301Bouwrijp maken van terreinen43120Bouwrijp maken van terreinen43120Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Installatie van isolatie43230Isolatiewerkzaamheden43291Metselwerk43910Uitvoeren van metsel- en voegwerken43994Activiteiten van eetgelegenheden met volledige bediening56111Cafés en bars56301Cafés en bars56301
Primary activity highlighted.
Names & trade names
| Legal nameNL | SEVERS CONSTRUCT |
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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