SSVH & Co

Active

Private limited companyfounded 20224 yrs activeGladiolenlaan 15, 1770 Liedekerke, BelgiumKBO/BCE: BE 0781.891.858

The computed 12-month bankruptcy probability of SSVH & Co is 2.6% (moderate). The 2024 annual accounts show equity of €69k and a net result of €28k. Equity is growing by ~53.6% per year across the filed fiscal years. Its solvency ranks better than 49% of 36373 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

70 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability92▲+1

Solvency71▲+2

Growth78▲+26

Track record94

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €4.5k at 30 days acceptable

Liquidity ample (current ratio 2.3 against 2.59 in 2023; short-term debt: 24.3% and cash: 25.6% of total assets), but 53.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

46.1%

Return on assets

18.4%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-06-2025, 57 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

57 d early

2023

50 d early

2022

45 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€69k▲ 66.6%

2023 · €42k

2022: €25k 2023: €42k

2022 → 2024

Total assets

€151k▲ 59.5%

2023 · €95k

2022: €65k 2023: €95k

2022 → 2024

Net result

€28k▲ 63.7%

2023 · €17k

2022: €23k 2023: €17k

2022 → 2024

Working capital

€48k▲ 95.3%

2023 · €24k

2022: €4k 2023: €24k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€25k-€42k▲ 68.6%€69k▲ 66.6%

Operating result€30k-€24k▼ 19.1%€38k▲ 55.8%

Net result€23k-€17k▼ 25.4%€28k▲ 63.7%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 56% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €151k

44.1%

55.9%

Fixed assets €66k▲ 21.4%

Current assets €84k▲ 112%

Equity and liabilities €151k

46.1%

53.9%

Equity €69k▲ 66.6%

Debt €81k▲ 53.9%

The debt ratio falls from 55.9% to 53.9%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€56k▲

2023 · €39k

Cash flow

€46k▲

2023 · €31k

Solvency

46.1%▲

2023 · 44.1%

Current ratio

2.30▼

2023 · 2.59

Quick ratio

2.30▼

2023 · 2.59

Debt / equity

1.17▼

2023 · 1.27

ROE

40.0%▼

2023 · 40.7%

ROA

18.4%▲

2023 · 17.9%

Interest coverage

20.20▲

2023 · 18.43

Debt

€81k▲

2023 · €53k

Debt ≤ 1 year

€37k▲

2023 · €15k

Debt > 1 year

€45k▲

2023 · €37k

Income taxes

€7k▲

2023 · €5k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€95k€151k▲

Fixed assets21/28€55k€66k▲

Tangible fixed assets22/27€55k€66k▲

Plant, machinery and equipment23€4k€4k▲

Furniture and vehicles24€25k€43k▲

Leasing and similar rights25€26k€19k▼

Current assets29/58€40k€84k▲

Amounts receivable within one year40/41€25k€46k▲

Trade receivables40€25k€44k▲

Other amounts receivable41€65€2k▲

Cash at bank and in hand54/58€15k€39k▲

Equity and liabilities

Total equity and liabilities10/49€95k€151k▲

Equity10/15€42k€69k▲

Contributions10/11€2k€2k=

Reserves13€40k€67k▲

Distributable reserves133€40k€67k▲

Amounts payable17/49€53k€81k▲

Amounts payable after more than one year17€37k€45k▲

Financial debts170/4€37k€45k▲

Amounts payable within one year42/48€15k€37k▲

Current portion of amounts payable after more than one year42€10k€15k▲

Trade debts44€678€18k▲

Suppliers440/4€678€18k▲

Taxes, remuneration and social security45€2k€2k▲

Taxes450/3€2k€2k▲

Other amounts payable47/48€3k€1k▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€19k▲

Other operating charges640/8€702€1k▲

Gross operating margin9900€39k€58k▲

Operating profit (loss)9901€24k€38k▲

Financial income75/76B€82€32▼

Recurring financial income75€82€32▼

Financial charges65/66B€2k€3k▲

Recurring financial charges65€2k€3k▲

Profit (loss) for the period before taxes9903€22k€35k▲

Income taxes67/77€5k€7k▲

Profit (loss) for the period9904€17k€28k▲

Profit (loss) for the period to be appropriated9905€17k€28k▲

Appropriation of the result

Profit (loss) to be appropriated9906€17k€28k▲

Transfer to equity691/2€17k€28k▲

To other reserves6921€17k€28k▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 3Filings 3

2025

04-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2022net €28k ▲63.7%

Operating result €38k, net result €28k, both a record.

11-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €17k ▼25.4%

Net result drops to €17k, the lowest in the series; recovery starts the following year.

31-12

Financial Liquidity doublescurrent ratio 2.59

Current ratio from 1.23 to 2.59; short-term debt falls from €19k to €15k.

16-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Liedekerke · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Gladiolenlaan 151770 Liedekerke

Ground area

227 m²

Building footprint

81 m²

Volume, LiDAR

737 m³

Parcel 23762E0001/03S004, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

Gladiolenlaan 15, 1770 Liedekerke

Wallpapering and laying of floor and wall coverings in other materials

since 20222.327.815.106

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23762E0001/03S004	Flanders	227 m²	1 · 81 m²	11.6 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Sint-Jans-Molenbeek · Eq €69k

Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,757 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded11-02-2022

Fiscal year end31-12

Activities, NACEBEL

43211General electrical installation work

43212Electrical installation work in industrial facilities

43221Plumbing work

43222Installation of electric heating, air conditioning, cooling and ventilation

43350Other building finishing work

81300Landscape service activities

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.