SGVB
Annual accounts 2025
micro format, filed on 31-07-2026, on the day of the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €94,000. Estimated: probably between €49,000 and €170,000.
Balance sheet
balance sheet total €20,830 on 31-12-2025in euro
in euro
Position in the sector
87.3%
Higher than 93% of 9,456 companies in 2025.
6.69
Higher than 91% of 9,204 companies in 2025.
12.8%
Higher than 63% of 9,276 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
20,830 | 22,468 | 16,022 | |
21/28 |
3,163 | 4,538 | - | |
22/27 |
3,163 | 4,538 | - | |
24 |
3,163 | 4,538 | - | |
29/58 |
17,667 | 17,930 | 16,022 | |
40/41 |
16,786 | 17,641 | 13,562 | |
40 |
950 | 4,550 | 4,620 | |
41 |
15,836 | 13,091 | 8,942 | |
54/58 |
504 | 20 | 2,266 | |
490/1 |
376 | 268 | 194 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
20,830 | 22,468 | 16,022 | |
10/15 |
18,189 | 15,525 | 9,745 | |
10/11 |
1,000 | 1,000 | 1,000 | |
13 |
17,189 | 14,525 | 8,745 | |
133 |
17,189 | 14,525 | 8,745 | |
17/49 |
2,641 | 6,943 | 6,276 | |
42/48 |
2,641 | 6,943 | 6,276 | |
44 |
685 | 346 | 2,546 | |
440/4 |
685 | 346 | 2,546 | |
45 |
1,956 | 6,597 | 3,731 | |
450/3 |
1,956 | 6,597 | 3,731 | |
| Income statement | ||||
9900 |
7,787 | 11,312 | 13,498 | |
62 |
- | 177 | - | |
630 |
1,375 | 962 | 951 | |
640/8 |
1,691 | 1,992 | 348 | |
9901 |
4,721 | 8,181 | 12,199 | |
75/76B |
1 | 682 | 300 | |
75 |
1 | 682 | 300 | |
65/66B |
102 | 217 | 23 | |
65 |
102 | 217 | 23 | |
9903 |
4,620 | 8,646 | 12,476 | |
67/77 |
1,956 | 2,866 | 3,731 | |
9904 |
2,664 | 5,780 | 8,745 | |
9905 |
2,664 | 5,780 | 8,745 | |
| Appropriation of the result | ||||
9906 |
2,664 | 5,780 | 8,745 | |
691/2 |
2,664 | 5,780 | 8,745 | |
6921 |
2,664 | 5,780 | 8,745 | |
| Document | ||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 6,096 | 9,143 | 13,150 | ||
| 4,039 | 6,741 | 9,696 | ||
| 0 | 5,500 | 951 | ||
| 484 | -2,246 | - | ||
| 15,026 | 10,987 | 9,745 | ||
| 87.3% | 69.1% | 60.8% | ||
| 6.69 | 2.58 | 2.55 | ||
| 0.15 | 0.45 | 0.64 | ||
| 14.6% | 37.2% | 89.7% | ||
| 12.8% | 25.7% | 54.6% | ||
| 60.06 | 42.09 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €5,500 | - |
| Intangible fixed assets | - | - | €951 |
| €1,375 | €962 | €951 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on SGVB
The operating result for 2025 is 42% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 30.9% to 12.7%. Equity is higher and debt is lower.