Turnover
≈ €240,000 estimated
The micro format states no turnover.
STYVA
Overview
Lifetime
3 annual accounts with figures on one time axispeak €82,718 (2023)
€58,110▲ 133%
peak €53,180 (2023)
€14,451▲ 89×
peak €79,793 (2025)
€79,793▲ 22.1%
€139,630▲ 253%
Board2 names since 2022
2 directors and 1 other
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from €24,986 to €58,110Result from €162 to €14,451Equity from €65,342 to €79,793Debts from €39,574 to €139,630Investments €95,683Cash from €4,068 to €48,414
Key points
from the 2025 annual accountsDebts
€139,630 ▲ 253%
Debts rose by €100,056 in 2025.
Investments
€95,683 3.0 × depreciation
Green is investment, beige is depreciation.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,274 companies had the same profile as STYVA has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,274 companies, not a prediction for STYVA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director
- 98 sharesdeed of 23-11-2022
- 1 sharedeed of 23-11-2022
- 1 sharedeed of 23-11-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0793794847
Incorporation
Founders: , and · 100 shares · Appointments: (statutory director) and (statutory director) · published on 23-11-2022 · Gazette deed
First establishment
Vinkensveldstraat 9, Ichtegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| STYVA Ichtegem | €219,423 | €58,110 | 36.4% | - |
| THIBAUT SEYNAEVE Tielt | €198,306 | €69,335 | 24.3% | - |
| Deweerdt Grondwerken Oostrozebeke | €241,961 | €51,849 | 12.1% | - |
| FM CONSTRUCT Blankenberge | €181,905 | €49,447 | 67.8% | - |
| Grondwerken Elpers Haaltert | €233,897 | €56,366 | 34.7% | - |
| Terrassement Louis Modave Couvin | €216,647 | €59,624 | 14.8% | - |
| DBC TRANSPORT Zele | €234,649 | €64,910 | 22.6% | - |
These companies have the same main activity as STYVA: site preparation (NACE 43120). They are comparable in size and age: total assets between €182,000 and €242,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 21-11-2022Normal situation
- Activity
- Site preparationNACE 43120and 4 others
- Establishment unit
- 2.338.740.6708480 Ichtegem, since 21-11-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 31-03-2025
Annual accounts 2025
- €58,110▲ 133%
- €14,451▲ 89×
- €79,793▲ 22.1%
- €219,423▲ 109%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on STYVA
STYVA files the micro format. That format states no turnover. The gross margin fell from €82,718 in 2023 to €58,110 in 2025.
The balance sheet grew most in 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-06-2026, 32 days before the deadline€58,110
▲ 133%
€25,435
▲ 17×
€14,451
▲ 89×
-€1,613
▲ €1,403
36.4%
▼ 25.9 percentage points
0.98
▲ 0.10
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €240,000. Estimated: probably between €170,000 and €420,000.
Balance sheet
balance sheet total €219,423 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
36.4%
Higher than 38% of 37,177 companies in 2025.
0.98
Higher than 20% of 36,472 companies in 2025.
6.6%
Higher than 49% of 36,707 companies in 2025.
STYVA
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
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 |
219,423 | 104,916 | 124,569 | |
21/28 |
147,854 | 83,974 | 57,176 | |
22/27 |
147,854 | 83,974 | 57,176 | |
23 |
22,976 | 42,618 | 4,226 | |
24 |
124,878 | 41,356 | 52,950 | |
29/58 |
71,569 | 20,942 | 67,393 | |
40/41 |
23,155 | 16,862 | 14,123 | |
40 |
18,383 | 16,759 | 14,123 | |
41 |
4,772 | 103 | - | |
54/58 |
48,414 | 4,068 | 53,270 | |
490/1 |
- | 11 | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
219,423 | 104,916 | 124,569 | |
10/15 |
79,793 | 65,342 | 65,180 | |
10/11 |
12,000 | 12,000 | 12,000 | |
13 |
32,000 | 20,000 | 20,000 | |
133 |
32,000 | 20,000 | 20,000 | |
14 |
35,793 | 33,342 | 33,180 | |
17/49 |
139,630 | 39,574 | 59,389 | |
17 |
57,919 | 15,616 | 25,204 | |
170/4 |
57,919 | 15,616 | 25,204 | |
42/48 |
73,182 | 23,958 | 33,052 | |
42 |
19,500 | 9,541 | 9,300 | |
44 |
5,901 | - | 1,716 | |
440/4 |
5,901 | - | 1,716 | |
45 |
6,588 | 6,121 | 20,232 | |
450/3 |
6,588 | 6,121 | 20,232 | |
47/48 |
41,193 | 8,295 | 1,805 | |
492/3 |
8,529 | - | 1,133 | |
| Income statement | ||||
9900 |
58,110 | 24,986 | 82,718 | |
630 |
31,803 | 22,872 | 11,849 | |
640/8 |
871 | 574 | 536 | |
9901 |
25,435 | 1,540 | 70,332 | |
65/66B |
5,175 | 1,378 | 1,730 | |
65 |
5,175 | 1,378 | 1,730 | |
9903 |
20,260 | 162 | 68,602 | |
67/77 |
5,809 | - | 15,423 | |
9904 |
14,451 | 162 | 53,180 | |
9905 |
14,451 | 162 | 53,180 | |
| Appropriation of the result | ||||
9906 |
47,793 | 33,342 | 53,180 | |
14P |
33,342 | 33,180 | - | |
691/2 |
12,000 | - | 20,000 | |
6921 |
12,000 | - | 20,000 | |
| Document | ||||
The notes to these accounts have 8 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 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2025, 1 entry, €158 awarded
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 57,239 | 24,412 | 82,182 | ||
| 46,254 | 23,034 | 65,029 | ||
| 95,683 | 49,671 | 69,025 | ||
| 44,346 | -49,203 | - | ||
| -1,613 | -3,016 | 34,341 | ||
| 36.4% | 62.3% | 52.3% | ||
| 0.98 | 0.87 | 2.04 | ||
| 1.75 | 0.61 | 0.91 | ||
| 18.1% | 0.2% | 81.6% | ||
| 6.6% | 0.2% | 42.7% | ||
| 11.06 | 17.72 | 47.50 |
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 | €95,683 | €49,671 | €69,025 |
| €31,803 | €22,872 | €11,849 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on STYVA
The operating result for 2025 is nearly 17 times that of 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 37.7% to 63.6%. Equity and debt are higher.
Board & ownership
Board
2 directors, since incorporation- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 23-11-2022
Mandates through the years
2 names, the dashed line is todayStatutory director
Statutory director
Board
Mandates as a list
-
- Statutory director, appointed by deed of 23-11-2022, still in office
-
- Statutory director, appointed by deed of 23-11-2022, still in office
Control
Founders
, ,
This company
STYVA
Equity €79,793
Profit €14,451 in 2025
Capital
- Contribution
- €12,000
- Shares
- 100
- Contribution per share
- €120
- Equity per share
- €798 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 23-11-2022 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 19:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 23-11-2022 ↗
- 98 shares (98%) · €11,760
- 1 share (1%) · €120
- 1 share (1%) · €120
Network & group
No group
STYVA has no parent and no holdings in its annual accounts. STYVA shares no director with another company.
Timeline
Timeline
7 events since 2022Filings
Financial
Establishments
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 32 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 1 day before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0793794847
2024
Weakest financial year net €162 ▼99.7% The net result drops to €162, the lowest from 2023 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 22 days late
2022
IncorporationFounders: , and · 100 shares · Appointments: (statutory director) and (statutory director) · published on 23-11-20227 points ▸
- Founder,
- Founder,
- Founder,
- Director appointment, (statutory director)
- Director appointment, (statutory director)
- Registered office clause, Vinkensveldstraat 9, 8480 Ichtegem
- 100 shares
- The deed holds 3 more points.
First establishment Vinkensveldstraat 9, Ichtegem
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0793.794.847
- VAT number
- BE 0793.794.847
- Peppol ID
- 0208:0793794847
- Other Peppol ID
- 9925:BE0793794847
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 21-11-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 19:00deed of 23-11-2022 (in Dutch)
- Peppol
- Reachable since 31-03-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- STYVA in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 23-11-2022 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 23-11-2022 (in Dutch)
Activities
NACEBEL 202543120
Site preparation main activity
43110
Demolition
Codes under NACEBEL 2008
43120
Site preparation main activity
43110
Demolition
43999
Specialised construction activities
49410
Road freight transport
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Teelt van gewassen,veeteelt,jacht en diensten hiermee verband houdend; Ondersteunende activiteiten ivm de landbouw; Vervaardiging van asfalt…”deed of 23-11-2022 (in Dutch)
27 activities
- Teelt van gewassen,veeteelt,jacht en diensten hiermee verband houdend
- Ondersteunende activiteiten ivm de landbouw
- Vervaardiging van asfalt werken
- Het aanleggen van wegen en opritten
- Bouwwerkzaamheden
- Slopen en bouwrijp maken van terreinen
- Overige gespecialiseerde bouwactiviteiten
- Landbouwwerken
- Loonwerk
- Heiswerken
- Verhuur/Verkoop bouwmaterialen
- Verkoop landbouwmaterialen
- Strooien van zout
- Tuinbouw
- Groendienst
- Transport
- Uitzonderlijk Vervoer
- Recyclage bouwmaterialen
- Grondwerken/grondverzet
- Afbraak
- Verkoop/Vervoer/verwerking/opslag van bouw en landbouw gerelateerde zaken
- Omgevingswerken
- Rioleringswerken
- Reinigen van riolen,septische putten
- Diensten ivm gebouwen,landschapsverzorging,toelvering en dienstverlening in de veevoedingssector
- Het beheren,bezitten,leasen,kopen en verkopen,huren en onderverhuren van eigen vastgoed
- Het deelnemen in elke vorm van beleggingen,fondsen,aandelen,obligaties of enig andere vorm van vermogensbestanddeel,teneinde bij te dragen aan de maatschappelijke doelen. Dit zowel nationaal als internationaal,zowel rechtstreeks als onrechtstreeks,of via commissie of bemiddeling.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Vinkensveldstraat 9 registered office 8480 Ichtegem | 21-11-2022 | 2.338.740.670 |
Buildings and parcels at the address
- Ground area
- 2,599 m²
- Buildings
- 1,139 m²
- Volume, LiDAR
- 5,828 m³
- Tallest building
- 6.7 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 35006C1028/00A000 | 2,599 m² | 1 · 1,139 m² | 6.7 m · 2 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0793.794.847