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SPV SERVICES

Active
Private limited company·Algemene bouw van residentiële gebouwen· 2 yrs active
Alsembergsesteenweg 842 ·1180 Ukkel, Belgium
KBO/BCE: BE 1003.981.276
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Age2 yrs
Real estate1 parcel · 1,616 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of SPV SERVICES is 4.5% (elevated). The 2024 annual accounts show equity of €16k and a net result of €9k. Its solvency ranks better than 53% of 498 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
4.5% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate region +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Filing behaviour

From the deposit records, complete market-wide
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 20-08-2025 20 d late 2025-00387245

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

Turnover€433k
EBIT margin3.4%
Net result€9k
Working capital€8k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 20-08-2025 with the NBB · fiscal year 2024 · volledig
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 38.6% 36.6%
better than 53% of 498 sector peers
Net result €9k €19k
better than 38% of 496 sector peers
Equity €16k €90k
better than 20% of 498 sector peers
Gross operating margin €29k €110k
better than 26% of 467 sector peers
Staff costs €4k €148k
higher than 10% of 330 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositvolledig
Revenue€433k
EBITDA€18k
Net profit€9k
Cash flow€12k
Staff costs€4k
Income taxes€3k
Dividends-
Total assets€42k
Equity€16k
Debt€26k
of which ≤ 1y€26k
of which > 1y-
Working capital€8k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.33
Quick ratio1.33
Working capital ratio20.0%
Solvency38.6%
Debt / equity1.59
Long-term debt ratio-
Interest coverage8.24
Gross margin5.9%
Net margin2.1%
ROA22.0%
ROE56.9%
EBITDA margin4.1%
Days sales outstanding22d
Days payable outstanding12d
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 Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€42k
Fixed assets 21/28€8k
Tangible fixed assets 22/27€8k
Financial fixed assets 28€243
Current assets 29/58€34k
Amounts receivable within one year 40/41€29k
Cash & bank 54/58€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€42k
Equity 10/15€16k
Contributions / capital 10/11€7k
Accumulated profits (losses) 14€9k
Amounts payable 17/49€26k
Amounts payable within one year 42/48€26k
Trade debts payable within one year 44€13k
Income statement
Turnover 70€433k
Gross operating margin 9900€29k
Operating result 9901€15k
Financial income 75€0
Financial charges 65€2k
Result before taxes 9903€12k
Income taxes 67/77€3k
Net result for the period 9904€9k
Result to be appropriated 9905€9k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
83 / 100 Excellent
050100
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 from Kantoor S.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Alsembergsesteenweg 8421180 Ukkel

Establishment units

1 location
SPV SERVICES
Alsembergsesteenweg 842, 1180 UkkelVervaardiging van metalen constructiewerken of gebinten voor de bouw
since 20232.353.787.350
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,616 m²
Buildings1
Building footprint1,089 m²
Volume (LiDAR)6,528 m³
Tallest building12.7 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21614E0126/00A002 Brussels 1,616 m² 1 · 1,089 m² 12.7 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health83Profitability52Solvency67Growth-Stability67
67 / 100

Strong profile, led by health.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 83
Profitability 52
Solvency 67
Growth -
Stability 67

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AI due-diligence brief

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 5,321 of the 29,561 companies in this sector. 4,554 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Algemene bouw van residentiële gebouwen41001Stukadoorswerk43310Stukadoorswerk43310Installatie van isolatie43230Isolatiewerkzaamheden43291Schilderen van gebouwen43341Schilderen van gebouwen43341Metselwerk43910Uitvoeren van metsel- en voegwerken43994
Primary activity highlighted.
Names & trade names
Legal nameFR SPV SERVICES
Registered office
Alsembergsesteenweg 842
1180 Ukkel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.