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Survitec Service & Distribution

Active
Public limited companyfounded 1996active for 30 yearsVosseschijnstraat 44, 2030 Antwerpen, BelgiumKBO/BCE: BE 0458.769.616
Summary

Survitec Service & Distribution has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€4.0m) and a net result of €339,716, of which €678,518 non-recurring income. Equity has been shrinking by about 53% per year since 2018. Its solvency ranks better than 5% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Official details

Source: KBO
Status
Active since 11-09-1996 Normal situation
Activity
Non-specialised wholesale trade NACE 46900and 1 other
Joint committees
111 Paritair Comité voor de metaal-, machine- en elektrische bouw
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 2021
Establishment units
2.246.646.395 8400 Oostende, since 19-05-2015
2.246.646.494 2030 Antwerpen, since 19-05-2015
Financial year end
31 December
Peppol
Reachable since 16-11-2022

Board and ownership

Board
Auditor
Pwc Bedrijfsrevisoren
Shareholders
  • Survitec Group Limitedannual accounts 2025
  • Survitec Acquisition Company Limitedannual accounts 2025
  • Survitec Service & Distributionannual accounts 2025

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts 2025
Gross margin
€1.7m
▲ 50.8%
Turnover
≈ €7.3m
estimated
Profit
€339,716
Equity
-€4.0m
▲ 7.9%
Total assets
€866,269
▲ 17.5%
Employees on 31-12-2025
18
▼ 18.2%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 52 days after the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€4.0mLast filed accounts filed 52 days late; 3 of the last 3 accounts latelowers riskLiquidity: current ratio 0.18, cash €248,100Founded in 1996Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 49% of small companies in wholesale trade (NACE 46)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -456.0% of total assets
Liquidity 36+36
short-term debt 534.7% · cash 28.6%
Profitability 94+94
return on assets 39.2%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,372 companies, NACE 46, small)
Last 24 months 12-2024: 5.5% 01-2025: 8.5%▲ +3.0 percentage points vs 12-2024 02-2025: 8.9%▲ +0.4 percentage points vs 01-2025 03-2025: 8.5%▼ -0.4 percentage points vs 02-2025 04-2025: 8.5%● unchanged vs 03-2025 05-2025: 8.5%● unchanged vs 04-2025 06-2025: 8.1%▼ -0.4 percentage points vs 05-2025 07-2025: 8.2%▲ +0.1 percentage points vs 06-2025 08-2025: 7.5%▼ -0.7 percentage points vs 07-2025 09-2025: 7.1%▼ -0.4 percentage points vs 08-2025 10-2025: 6.4%▼ -0.7 percentage points vs 09-2025 11-2025: 6.4%● unchanged vs 10-2025 12-2025: 10.8%▲ +4.4 percentage points vs 11-2025highest value 01-2026: 10.8%● unchanged vs 12-2025highest value 02-2026: 10.8%● unchanged vs 01-2026highest value 03-2026: 10.4%▼ -0.4 percentage points vs 02-2026 04-2026: 10.3%▼ -0.1 percentage points vs 03-2026 05-2026: 9.8%▼ -0.5 percentage points vs 04-2026 06-2026: 9.4%▼ -0.4 percentage points vs 05-2026 07-2026: 9.3%▼ -0.1 percentage points vs 06-2026 08-2026: 8.9%▼ -0.4 percentage points vs 07-2026 09-2026: 8.4%▼ -0.5 percentage points vs 08-2026 10-2026: 1.0%▼ -7.4 percentage points vs 09-2026lowest value 11-2026: 1.0%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.18 (0.18 in 2024), below 1. Short-term debt is 534.7% and cash 28.6% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 1% of them on solvency, 38% on liquidity, 95% on profitability and 62% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Negative equity -€4.0m
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.18, cash €248,100
NBB · annual accounts
lowers risk · Founded in 1996
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 52 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 6172 sector peers (2025).
NBB · sector comparison
Position among 6172 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · 2025 accounts filed 52 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
52 days late
2024
109 days late
2023
124 days late
2022
126 days late
2021
142 days late
2020
26 days early
2019
237 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 109 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€4.0m View
  • Caution: Lower solvency than 95% of companies in wholesale tradesector median 45.2% · 6,172 companies -456.0% View
  • Positive: Back in profit in 2025after a loss of €1.9m in 2024 €339,716 View

Recent changes

  1. · Gazette deed Capital & shares
  2. · Gazette deed 1 director appointed, 1 director resigningResignation: Petra Wehmeier (director) · Appointment: Eric Herman (director) · Permanent representatives: Tom Scheyvaerts and Filip Drieghe
  3. · Gazette deed Reappointment: PwC Bedrijfsrevisoren (statutory auditor)Permanent representative: Filip Drieghe
All 19 events

Comparable companies

These companies have the same main activity as Survitec Service & Distribution: non-specialised wholesale trade (NACE 46900). They are comparable in size and age: total assets between €646,000 and €3.1m, founded between 1993 and 2002.

CompanyTotal assetsGross margin
Survitec Service & Distribution Antwerpen€0.9m€1.7m
Burando Barging & Rail Belgium Antwerpen€1.4m€2.3m
Best Matic Mechelen€1.8m€1.1m
GIJSENS Diest€1.2m€1.0m
CASH CONVERTERS GOSSELIES Charleroi€0.6m€0.6m
KNAPP BENELUX Gent€2.5m€2.2m
CORBEO Zele€3.1m€1.4m
Full comparison

Key facts about Survitec Service & Distribution

What is the company number of Survitec Service & Distribution?
The company number of Survitec Service & Distribution is 0458.769.616. The VAT number is the same number with BE in front: BE 0458.769.616.
Where is Survitec Service & Distribution based?
The registered office is at Vosseschijnstraat 44, 2030 Antwerpen.Company details
What does Survitec Service & Distribution do?
According to the KBO register, the main activity is non-specialised wholesale trade (NACE 46900).
What is the legal form of Survitec Service & Distribution?
The legal form of Survitec Service & Distribution is Public limited company (NV).
When was Survitec Service & Distribution founded?
Survitec Service & Distribution was founded on 11-09-1996.
Is Survitec Service & Distribution still active?
Yes, Survitec Service & Distribution is an active enterprise in the KBO register.
How many employees does Survitec Service & Distribution have?
Survitec Service & Distribution had an average of 16.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Survitec Service & Distribution fall under?
In its 2021 annual accounts, Survitec Service & Distribution states joint committees 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw) and 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
What is the turnover of Survitec Service & Distribution?
The turnover in financial year 2025 is ≈ €7.3m. This figure is estimated from the gross margin of €1.7m and 98 comparable companies (NACE 46). It probably lies between €4.4m and €12.0m. In financial year 2024 turnover was €3.6m.
Is Survitec Service & Distribution profitable?
In financial year 2025, Survitec Service & Distribution made a profit of €339,716.
Where can I find the annual accounts of Survitec Service & Distribution?
Survitec Service & Distribution filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Survitec Service & Distribution due?
Survitec Service & Distribution must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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