SV GROUP
ActiveSummary
The computed 12-month bankruptcy probability of SV GROUP is 2.3% (moderate). The 2025 annual accounts show equity of €17k and a net result of €5k. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 76% of 27965 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability92▲+44
Solvency96▲+27
Growth52=
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 3.38 against 1.75 in 2024; short-term debt: 28.7% and cash: 27.2% of total assets), and 28.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.3%
Return on assets
18.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 3 filingsDeviation from the deadline
2025
30 d late
2024
24 d late
2023
85 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€17k▲ 35.8%
2024 · €13k
2023: €12klowest in 3 years
2024: €13k▲ +9.1% vs 2023
2025: €17k▲ +35.8% vs 2024highest in 3 years
2023 → 2025
Total assets
€24k▼ 17.0%
2024 · €29k
2023: €33khighest in 3 years
2024: €29k▼ -12.0% vs 2023
2025: €24k▼ -17.0% vs 2024lowest in 3 years
2023 → 2025
Net result
€5k▲ 328%
2024 · €1k
2023: €10khighest in 3 years
2024: €1k▼ -89.5% vs 2023lowest in 3 years
2025: €5k▲ +328% vs 2024
2023 → 2025
Working capital
€17k▲ 38.0%
2024 · €12k
2023: €10klowest in 3 years
2024: €12k▲ +21.9% vs 2023
2025: €17k▲ +38.0% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€12k-€13k▲ 9.1%€17k▲ 35.8%
2023: €12klowest in 3 years
2024: €13k▲ +9.1% vs 2023
2025: €17k▲ +35.8% vs 2024highest in 3 years
Operating result€16k-€4k▼ 73.5%€9k▲ 95.9%
2023: €16khighest in 3 years
2024: €4k▼ -73.5% vs 2023lowest in 3 years
2025: €9k▲ +95.9% vs 2024
Net result€10k-€1k▼ 89.5%€5k▲ 328%
2023: €10khighest in 3 years
2024: €1k▼ -89.5% vs 2023lowest in 3 years
2025: €5k▲ +328% vs 2024
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 2025; 2025 is 96% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24k
Fixed assets
€708 ▼ 36.2%
Current assets
€23k ▼ 16.2%
Equity and liabilities €24k
Equity
€17k ▲ 35.8%
Debt
€7k ▼ 57.8%
Debt's share of the balance-sheet total falls from 56.4% to 28.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▲
2024 · €5k
Cash flow
€5k▲
2024 · €2k
Current ratio
3.38▲
2024 · 1.75
Debt to equity
0.40▼
2024 · 1.29
ROE
26.3%▲
2024 · 8.4%
ROA
18.8%▲
2024 · 3.6%
Interest coverage
6.94▲
2024 · 2.99
Debt ≤ 1 year
€7k▼
2024 · €16k
Income taxes
€3k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€29k€24k▼
Fixed assets21/28€1k€708▼
Tangible fixed assets22/27€1k€408▼
Plant, machinery and equipment23€578€76▼
Furniture and vehicles24€532€332▼
Financial fixed assets28-€300
Current assets29/58€28k€23k▼
Amounts receivable within one year40/41€12k€16k▲
Trade receivables40€11k€14k▲
Other amounts receivable41€1k€3k▲
Cash at bank and in hand54/58€15k€7k▼
Deferred charges and accrued income490/1€459€455▼
Equity and liabilities
Total equity and liabilities10/49€29k€24k▼
Equity10/15€13k€17k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€11k€16k▲
Amounts payable17/49€16k€7k▼
Amounts payable within one year42/48€16k€7k▼
Trade debts44€9k€1k▼
Suppliers440/4€9k€1k▼
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€5k€3k▼
Remuneration and social security454/9€1k€3k▲
Other amounts payable47/48€108-
Accrued charges and deferred income492/3€387-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€702€702=
Other operating charges640/8€2k€2k▲
Gross operating margin9900€7k€12k▲
Operating profit (loss)9901€4k€9k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€3k€7k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€1k€5k▲
Profit (loss) for the period to be appropriated9905€1k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€16k▲
Profit (loss) brought forward from the previous period14P€10k€11k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €702 | €702 | = |
| Other operating charges640/8 | €2k | €2k | €2k | ▲ 3.2% |
| Gross operating margin9900 | €21k | €7k | €12k | ▲ 58.2% |
| Operating profit (loss)9901 | €16k | €4k | €9k | ▲ 95.9% |
| Financial income75/76B | €3 | €1 | €0 | ▼ 96.0% |
| Recurring financial income75 | €3 | €1 | €0 | ▼ 96.0% |
| Financial charges65/66B | €2k | €2k | €1k | ▼ 21.4% |
| Recurring financial charges65 | €2k | €2k | €1k | ▼ 21.4% |
| Profit (loss) for the period before taxes9903 | €14k | €3k | €7k | ▲ 170% |
| Income taxes67/77 | €4k | €2k | €3k | ▲ 65.2% |
| Profit (loss) for the period9904 | €10k | €1k | €5k | ▲ 328% |
| Profit (loss) for the period to be appropriated9905 | €10k | €1k | €5k | ▲ 328% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €33k | €29k | €24k | ▼ 17.0% |
| Fixed assets21/28 | €2k | €1k | €708 | ▼ 36.2% |
| Tangible fixed assets22/27 | €2k | €1k | €408 | ▼ 63.3% |
| Plant, machinery and equipment23 | €1k | €578 | €76 | ▼ 86.9% |
| Furniture and vehicles24 | €732 | €532 | €332 | ▼ 37.6% |
| Financial fixed assets28 | - | - | €300 | - |
| Current assets29/58 | €31k | €28k | €23k | ▼ 16.2% |
| Amounts receivable within one year40/41 | €31k | €12k | €16k | ▲ 32.8% |
| Trade receivables40 | €29k | €11k | €14k | ▲ 22.8% |
| Other amounts receivable41 | €2k | €1k | €3k | ▲ 117% |
| Cash at bank and in hand54/58 | €62 | €15k | €7k | ▼ 56.7% |
| Deferred charges and accrued income490/1 | €733 | €459 | €455 | ▼ 0.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €33k | €29k | €24k | ▼ 17.0% |
| Equity10/15 | €12k | €13k | €17k | ▲ 35.8% |
| Contributions10/11 | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €10k | €11k | €16k | ▲ 40.6% |
| Amounts payable17/49 | €21k | €16k | €7k | ▼ 57.8% |
| Amounts payable within one year42/48 | €21k | €16k | €7k | ▼ 56.8% |
| Trade debts44 | €12k | €9k | €1k | ▼ 87.1% |
| Suppliers440/4 | €12k | €9k | €1k | ▼ 87.1% |
| Taxes, remuneration and social security45 | €9k | €7k | €6k | ▼ 14.8% |
| Taxes450/3 | €4k | €5k | €3k | ▼ 52.3% |
| Remuneration and social security454/9 | €6k | €1k | €3k | ▲ 142% |
| Other amounts payable47/48 | €279 | €108 | - | - |
| Accrued charges and deferred income492/3 | - | €387 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €1k | €5k | ▲ 328% |
| + Depreciation and write-downs630 | €2k | €702 | €702 | = |
| Operating cash flow (approximation) | €12k | €2k | €5k | ▲ 197% |
| Investment in fixed assets (approximation) | - | €0 | €-300 | - |
| Change in cash | - | €15k | €-9k | ▼ 157% |
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
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
24-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 24 days late
2024
31-12
Financial
Weakest financial yearnet €1k ▼89.5%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 85 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Gent · 1 establishment unit since 2022
Ground area
148 m²
Building footprint
122 m²
Volume, LiDAR
451 m³
2 parcels, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
SV GROUP
since 20222.334.631.434
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44816K0535/00S002 | Flanders | 83 m² | 1 · 66 m² | 11.9 m · 3 fl. |
| 44074B0038/00T000 | Flanders | 65 m² | 1 · 56 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
SEB'TECH
BE 0804.300.244
Koekelberg · Eq €17,260
PLC-Contracting
BE 0762.458.503
Kortenberg · Eq €17,236
ROBERT MATHY
BE 0799.940.390
Nandrin · Eq €17,262
Electricité Geoffrey de Haes
BE 0472.314.180
Seneffe · Eq €17,272
Applied Energy Services
BE 1025.644.643
Mechelen · Eq €17,277
Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 6,880 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
Founded25-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43110Demolition
43221Plumbing work
43230Insulation installation
43320Joinery installation
43341Painting of buildings
Scores and ratios are computed by Checked and are not a credit decision.