SGVB
ActiveSummary
The computed 12-month bankruptcy probability of SGVB is 2.2% (moderate). The 2025 annual accounts show equity of €18k and a net result of €3k. Equity is growing by ~27.2% per year across the filed fiscal years. Its solvency ranks better than 93% of 7500 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-15
Solvency100▲+6
Growth52=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 6.69 against 2.58 in 2024; short-term debt: 12.7% and cash: 2.4% of total assets), and 12.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% 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
87.3%
Return on assets
12.8%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
on the day
2024
58 d late
2023
114 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€18k▲ 17.2%
2024 · €16k
2023: €10klowest in 3 years
2024: €16k▲ +59.3% vs 2023
2025: €18k▲ +17.2% vs 2024highest in 3 years
2023 → 2025
Total assets
€21k▼ 7.3%
2024 · €22k
2023: €16klowest in 3 years
2024: €22k▲ +40.2% vs 2023highest in 3 years
2025: €21k▼ -7.3% vs 2024
2023 → 2025
Net result
€3k▼ 53.9%
2024 · €6k
2023: €9khighest in 3 years
2024: €6k▼ -33.9% vs 2023
2025: €3k▼ -53.9% vs 2024lowest in 3 years
2023 → 2025
Working capital
€15k▲ 36.8%
2024 · €11k
2023: €10klowest in 3 years
2024: €11k▲ +12.7% vs 2023
2025: €15k▲ +36.8% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€10k-€16k▲ 59.3%€18k▲ 17.2%
2023: €10klowest in 3 years
2024: €16k▲ +59.3% vs 2023
2025: €18k▲ +17.2% vs 2024highest in 3 years
Operating result€12k-€8k▼ 32.9%€5k▼ 42.3%
2023: €12khighest in 3 years
2024: €8k▼ -32.9% vs 2023
2025: €5k▼ -42.3% vs 2024lowest in 3 years
Net result€9k-€6k▼ 33.9%€3k▼ 53.9%
2023: €9khighest in 3 years
2024: €6k▼ -33.9% vs 2023
2025: €3k▼ -53.9% vs 2024lowest in 3 years
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 42% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21k
Fixed assets
€3k ▼ 30.3%
Current assets
€18k ▼ 1.5%
Equity and liabilities €21k
Equity
€18k ▲ 17.2%
Debt
€3k ▼ 62.0%
Debt's share of the balance-sheet total falls from 30.9% to 12.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6k▼
2024 · €9k
Cash flow
€4k▼
2024 · €7k
Current ratio
6.69▲
2024 · 2.58
Debt to equity
0.15▼
2024 · 0.45
ROE
14.6%▼
2024 · 37.2%
ROA
12.8%▼
2024 · 25.7%
Interest coverage
60.06▲
2024 · 42.09
Debt ≤ 1 year
€3k▼
2024 · €7k
Income taxes
€2k▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€22k€21k▼
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Furniture and vehicles24€5k€3k▼
Current assets29/58€18k€18k▼
Amounts receivable within one year40/41€18k€17k▼
Trade receivables40€5k€950▼
Other amounts receivable41€13k€16k▲
Cash at bank and in hand54/58€20€504▲
Deferred charges and accrued income490/1€268€376▲
Equity and liabilities
Total equity and liabilities10/49€22k€21k▼
Equity10/15€16k€18k▲
Contributions10/11€1k€1k=
Reserves13€15k€17k▲
Distributable reserves133€15k€17k▲
Amounts payable17/49€7k€3k▼
Amounts payable within one year42/48€7k€3k▼
Trade debts44€346€685▲
Suppliers440/4€346€685▲
Taxes, remuneration and social security45€7k€2k▼
Taxes450/3€7k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€177-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€962€1k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€11k€8k▼
Operating profit (loss)9901€8k€5k▼
Financial income75/76B€682€1▼
Recurring financial income75€682€1▼
Financial charges65/66B€217€102▼
Recurring financial charges65€217€102▼
Profit (loss) for the period before taxes9903€9k€5k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€6k€3k▼
Profit (loss) for the period to be appropriated9905€6k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€3k▼
Transfer to equity691/2€6k€3k▼
To other reserves6921€6k€3k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €177 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €951 | €962 | €1k | ▲ 43.0% |
| Other operating charges640/8 | €348 | €2k | €2k | ▼ 15.1% |
| Gross operating margin9900 | €13k | €11k | €8k | ▼ 31.2% |
| Operating profit (loss)9901 | €12k | €8k | €5k | ▼ 42.3% |
| Financial income75/76B | €300 | €682 | €1 | ▼ 99.9% |
| Recurring financial income75 | €300 | €682 | €1 | ▼ 99.9% |
| Financial charges65/66B | €23 | €217 | €102 | ▼ 53.3% |
| Recurring financial charges65 | €23 | €217 | €102 | ▼ 53.3% |
| Profit (loss) for the period before taxes9903 | €12k | €9k | €5k | ▼ 46.6% |
| Income taxes67/77 | €4k | €3k | €2k | ▼ 31.8% |
| Profit (loss) for the period9904 | €9k | €6k | €3k | ▼ 53.9% |
| Profit (loss) for the period to be appropriated9905 | €9k | €6k | €3k | ▼ 53.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €16k | €22k | €21k | ▼ 7.3% |
| Fixed assets21/28 | - | €5k | €3k | ▼ 30.3% |
| Tangible fixed assets22/27 | - | €5k | €3k | ▼ 30.3% |
| Furniture and vehicles24 | - | €5k | €3k | ▼ 30.3% |
| Current assets29/58 | €16k | €18k | €18k | ▼ 1.5% |
| Amounts receivable within one year40/41 | €14k | €18k | €17k | ▼ 4.8% |
| Trade receivables40 | €5k | €5k | €950 | ▼ 79.1% |
| Other amounts receivable41 | €9k | €13k | €16k | ▲ 21.0% |
| Cash at bank and in hand54/58 | €2k | €20 | €504 | ▲ 2,390% |
| Deferred charges and accrued income490/1 | €194 | €268 | €376 | ▲ 40.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €16k | €22k | €21k | ▼ 7.3% |
| Equity10/15 | €10k | €16k | €18k | ▲ 17.2% |
| Contributions10/11 | €1k | €1k | €1k | = |
| Reserves13 | €9k | €15k | €17k | ▲ 18.3% |
| Distributable reserves133 | €9k | €15k | €17k | ▲ 18.3% |
| Amounts payable17/49 | €6k | €7k | €3k | ▼ 62.0% |
| Amounts payable within one year42/48 | €6k | €7k | €3k | ▼ 62.0% |
| Trade debts44 | €3k | €346 | €685 | ▲ 98.0% |
| Suppliers440/4 | €3k | €346 | €685 | ▲ 98.0% |
| Taxes, remuneration and social security45 | €4k | €7k | €2k | ▼ 70.4% |
| Taxes450/3 | €4k | €7k | €2k | ▼ 70.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €6k | €3k | ▼ 53.9% |
| + Depreciation and write-downs630 | €951 | €962 | €1k | ▲ 43.0% |
| Operating cash flow (approximation) | €10k | €7k | €4k | ▼ 40.1% |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | €-2k | €484 | ▲ 122% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €3k ▼53.9%
Net result drops to €3k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 6.69
Current ratio from 2.58 to 6.69; short-term debt falls from €7k to €3k.
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
2024
22-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 114 days late
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, Wemmel · 1 establishment unit since 2023
Ground area
199 m²
Building footprint
98 m²
Volume, LiDAR
670 m³
Parcel 22662B0604/00X000, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
21
companies at this address
See who is registered here
1 establishment unit
S.G.V.B SRL
since 20232.345.059.132
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0604/00X000 | Flanders | 199 m² | 1 · 98 m² | 11.3 m · 2 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 29,779 companies in sector 41001 we hold annual accounts for 16,044. 11,294 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
Founded03-05-2023
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.