SURVEX
ActiveSummary
The computed 12-month bankruptcy probability of SURVEX is 3.3% (moderate). For SURVEX, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €132,821 and a net result of €10,510. Its solvency ranks better than 75% of 33676 sector peers (fiscal year 2023). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability75▼-25
Solvency93▼-3
Growth52
Track record94
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2023Solvency, return and age of the figures
Solvency
68%
Return on assets
5.4%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 07-10-2024, 68 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.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
68 d late
2022
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 50 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€132,821▲ 8.6%
2022 · €122,312
Total assets
€195,398▲ 13.9%
2022 · €171,608
Net result
€10,510▼ 91.3%
2022 · €120,312
Working capital
€129,519▲ 11.5%
2022 · €116,113
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023
Operating result€155,296-€14,476▼ 90.7%
Net result€120,312above the sector's middle half-€10,510within the sector's middle half▼ 91.3%
Equity€122,312within the sector's middle half-€132,821above the sector's middle half▲ 8.6%
Total assets€171,608within the sector's middle half-€195,398within the sector's middle half▲ 13.9%
Debt€49,296-€62,576▲ 26.9%
Working capital€116,113above the sector's middle half-€129,519above the sector's middle half▲ 11.5%
Solvency71.3%above the sector's middle half-68.0%above the sector's middle half▼ 3.3pp
Current ratio3.36above the sector's middle half-3.07within the sector's middle half▼ 0.29
Return on assets (ROA)70.1%above the sector's middle half-5.4%within the sector's middle half▼ 64.7pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 91% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €195,398
Fixed assets
€3,302 ▼ 46.7%
Current assets
€192,095 ▲ 16.1%
Equity and liabilities €195,398
Equity
€132,821 ▲ 8.6%
Debt
€62,576 ▲ 26.9%
Debt's share of the balance-sheet total rises from 28.7% to 32.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16,399▼
2022 · €155,710
Cash flow
€12,432▼
2022 · €120,725
Debt to equity
0.47▲
2022 · 0.40
ROE
7.9%▼
2022 · 98.4%
Interest coverage
46.85▼
2022 · 980.29
Debt ≤ 1 year
€62,576▲
2022 · €49,296
Income taxes
€3,893▼
2022 · €34,828
Staff costs
€2,855
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €2,855 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €414 | €1,923 | ▲ 365% |
| Other operating charges640/8 | €886 | €300 | ▼ 66.2% |
| Gross operating margin9900 | €156,596 | €19,554 | ▼ 87.5% |
| Operating profit (loss)9901 | €155,296 | €14,476 | ▼ 90.7% |
| Financial income75/76B | €2 | €277 | ▲ 13,327% |
| Recurring financial income75 | €2 | €277 | ▲ 13,327% |
| Financial charges65/66B | €159 | €350 | ▲ 120% |
| Recurring financial charges65 | €159 | €350 | ▲ 120% |
| Profit (loss) for the period before taxes9903 | €155,139 | €14,403 | ▼ 90.7% |
| Income taxes67/77 | €34,828 | €3,893 | ▼ 88.8% |
| Profit (loss) for the period9904 | €120,312 | €10,510 | ▼ 91.3% |
| Profit (loss) for the period to be appropriated9905 | €120,312 | €10,510 | ▼ 91.3% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €171,608 | €195,398 | ▲ 13.9% |
| Fixed assets21/28 | €6,199 | €3,302 | ▼ 46.7% |
| Tangible fixed assets22/27 | €3,419 | €3,302 | ▼ 3.4% |
| Furniture and vehicles24 | €3,419 | €3,302 | ▼ 3.4% |
| Financial fixed assets28 | €2,780 | - | - |
| Current assets29/58 | €165,409 | €192,095 | ▲ 16.1% |
| Stocks and contracts in progress3 | €40,091 | - | - |
| Stocks30/36 | €40,091 | - | - |
| Amounts receivable within one year40/41 | €73,305 | €165,293 | ▲ 125% |
| Trade receivables40 | €7,609 | €70,938 | ▲ 832% |
| Other amounts receivable41 | €65,696 | €94,355 | ▲ 43.6% |
| Cash at bank and in hand54/58 | €52,013 | €26,802 | ▼ 48.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €171,608 | €195,398 | ▲ 13.9% |
| Equity10/15 | €122,312 | €132,821 | ▲ 8.6% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Reserves13 | €120,000 | €130,000 | ▲ 8.3% |
| Distributable reserves133 | €120,000 | €130,000 | ▲ 8.3% |
| Profit (loss) carried forward14 | €312 | €821 | ▲ 164% |
| Amounts payable17/49 | €49,296 | €62,576 | ▲ 26.9% |
| Amounts payable within one year42/48 | €49,296 | €62,576 | ▲ 26.9% |
| Trade debts44 | €6,669 | €8,016 | ▲ 20.2% |
| Suppliers440/4 | €6,669 | €8,016 | ▲ 20.2% |
| Taxes, remuneration and social security45 | €42,628 | €54,560 | ▲ 28.0% |
| Taxes450/3 | €42,628 | €54,560 | ▲ 28.0% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €120,312 | €10,510 | ▼ 91.3% |
| + Depreciation and write-downs630 | €414 | €1,923 | ▲ 365% |
| Operating cash flow (approximation) | €120,725 | €12,432 | ▼ 89.7% |
| Investment in fixed assets (approximation) | - | €974 | - |
| Change in cash | - | -€25,211 | - |
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
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Waregem · 1 establishment unit since 2022
Ground area
102 m²
Building footprint
110 m²
Volume, LiDAR
287 m³
Parcel 34452B0504/00B005, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Survex
since 20222.329.128.168
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B0504/00B005 | Flanders | 102 m² | 1 · 110 m² | 6.1 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWaregem2.329.128.168
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Of 22,827 companies in sector 43211 we hold annual accounts for 10,333. 8,698 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
Founded01-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
33140Repair and maintenance of electrical equipment
33200Installation of industrial machinery and equipment
47527Retail trade
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
82300Organisation of conventions and trade shows
E-invoicing
Reachable via Peppol
Peppol ID
0208:0782769412
Also
9925:BE0782769412
Registered
05-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.