Summary
SV-HOLD is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €133k and a net result of €-77k. Equity is growing by ~51.7% per year across the filed fiscal years. Its solvency ranks better than 15% of 8048 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
5 d early
2022
45 d early
2021
31 d early
2020
65 d early
2019
35 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
Equity
€133k▼ 36.7%
2024 · €211k
2019: €14klowest in 7 years
2020: €18k▲ +33.7% vs 2019
2021: €60k▲ +233% vs 2020
2022: €143k▲ +136% vs 2021
2023: €216k▲ +51.4% vs 2022highest in 7 years
2024: €211k▼ -2.5% vs 2023
2025: €133k▼ -36.7% vs 2024
2019 → 2025
Net result
€-77k▼ 1,313%
2024 · €-5k
2019: €7k
2020: €5k▼ -38.0% vs 2019
2021: €42k▲ +823% vs 2020
2022: €82k▲ +94.9% vs 2021highest in 7 years
2023: €73k▼ -10.8% vs 2022
2024: €-5k▼ -107% vs 2023
2025: €-77k▼ -1313% vs 2024lowest in 7 years
2019 → 2025
Total assets
€1.70M▲ 10.5%
2024 · €1.54M
2019: €1.26M
2020: €1.25M▼ -0.6% vs 2019
2021: €1.23M▼ -1.4% vs 2020lowest in 7 years
2022: €1.27M▲ +3.3% vs 2021
2023: €1.53M▲ +20.1% vs 2022
2024: €1.54M▲ +0.4% vs 2023
2025: €1.70M▲ +10.5% vs 2024highest in 7 years
2019 → 2025
Solvency
7.9%▼ 5.9pp
2024 · 13.7%
2019: 1.1%lowest in 7 years
2020: 1.5%▲ +34.5% vs 2019
2021: 4.9%▲ +237% vs 2020
2022: 11.2%▲ +129% vs 2021
2023: 14.1%▲ +26.1% vs 2022highest in 7 years
2024: 13.7%▼ -2.9% vs 2023
2025: 7.9%▼ -42.8% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€60k-€143k▲ 136%€216k▲ 51.4%€211k▼ 2.5%€133k▼ 36.7%
2021: €60klowest in 5 years
2022: €143k▲ +136% vs 2021
2023: €216k▲ +51.4% vs 2022highest in 5 years
2024: €211k▼ -2.5% vs 2023
2025: €133k▼ -36.7% vs 2024
Operating result€31k-€71k▲ 127%€53k▼ 26.2%€-47k€-66k▼ 41.8%
2021: €31k
2022: €71k▲ +127% vs 2021highest in 5 years
2023: €53k▼ -26.2% vs 2022
2024: €-47k▼ -188% vs 2023
2025: €-66k▼ -41.8% vs 2024lowest in 5 years
Net result€42k-€82k▲ 94.9%€73k▼ 10.8%€-5k€-77k▼ 1,313%
2021: €42k
2022: €82k▲ +94.9% vs 2021highest in 5 years
2023: €73k▼ -10.8% vs 2022
2024: €-5k▼ -107% vs 2023
2025: €-77k▼ -1313% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €66k in 2025 against €47k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.70M
Fixed assets
€1.20M ▲ 2.3%
Current assets
€502k ▲ 36.8%
Equity and liabilities €1.70M
Equity
€133k ▼ 36.7%
Debt
€1.56M ▲ 18.0%
Debt's share of the balance-sheet total rises from 86.3% to 92.1%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-58.1%▼
2024 · -2.6%
ROA
-4.6%▼
2024 · -0.4%
Debt ≤ 1 year
€1.52M▲
2024 · €1.29M
Debt > 1 year
€33k▲
2024 · €27k
Income taxes
€154▼
2024 · €165
Staff costs
€44k▲
2024 · €24k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.54M€1.70M▲
Fixed assets21/28€1.17M€1.20M▲
Tangible fixed assets22/27€29k€56k▲
Furniture and vehicles24€29k€56k▲
Financial fixed assets28€1.14M€1.14M=
Current assets29/58€367k€502k▲
Stocks and contracts in progress3€211k€211k=
Stocks30/36€211k€211k=
Amounts receivable within one year40/41€138k€263k▲
Trade receivables40€38k€154k▲
Other amounts receivable41€100k€109k▲
Cash at bank and in hand54/58€18k€28k▲
Equity and liabilities
Total equity and liabilities10/49€1.54M€1.70M▲
Equity10/15€211k€133k▼
Contributions10/11€6k€6k=
Reserves13€205k€127k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€203k€125k▼
Amounts payable17/49€1.33M€1.56M▲
Amounts payable after more than one year17€27k€33k▲
Financial debts170/4€27k€33k▲
Amounts payable within one year42/48€1.29M€1.52M▲
Current portion of amounts payable after more than one year42€40k€39k▼
Trade debts44€3k€120k▲
Suppliers440/4€3k€120k▲
Taxes, remuneration and social security45€29k€29k▲
Taxes450/3€16k€16k▲
Remuneration and social security454/9€13k€13k▲
Other amounts payable47/48€1.21M€1.33M▲
Accrued charges and deferred income492/3€12k€12k=
Income statement
Code20242025
Remuneration, social security and pensions62€24k€44k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€8k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€123k€0▼
Other operating charges640/8€367€2k▲
Non-recurring operating charges66A-€12k
Gross operating margin9900€113k€-1k▼
Operating profit (loss)9901€-47k€-66k▼
Financial income75/76B€60k€759▼
Recurring financial income75€60k€759▼
Financial charges65/66B€19k€12k▼
Recurring financial charges65€19k€12k▼
Profit (loss) for the period before taxes9903€-5k€-77k▼
Income taxes67/77€165€154▼
Profit (loss) for the period9904€-5k€-77k▼
Profit (loss) for the period to be appropriated9905€-5k€-77k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-77k▼
Transfer from equity791/2€5k€77k▲
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €45k | €44k | €42k | €24k | €44k | ▲ 83.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €8k | €12k | €12k | €8k | ▼ 37.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €123k | €0 | ▼ 100% |
| Other operating charges640/8 | €314 | €1k | €1k | €367 | €2k | ▲ 311% |
| Non-recurring operating charges66A | - | - | - | - | €12k | - |
| Gross operating margin9900 | €87k | €124k | €108k | €113k | €-1k | ▼ 101% |
| Operating profit (loss)9901 | €31k | €71k | €53k | €-47k | €-66k | ▼ 41.8% |
| Financial income75/76B | €21k | €30k | €40k | €60k | €759 | ▼ 98.7% |
| Recurring financial income75 | €20k | €30k | €40k | €60k | €759 | ▼ 98.7% |
| Non-recurring financial income76B | €993 | - | - | - | - | - |
| Financial charges65/66B | €3k | €5k | €10k | €19k | €12k | ▼ 36.2% |
| Recurring financial charges65 | €3k | €5k | €10k | €19k | €12k | ▼ 36.2% |
| Profit (loss) for the period before taxes9903 | €49k | €97k | €83k | €-5k | €-77k | ▼ 1,355% |
| Income taxes67/77 | €7k | €14k | €10k | €165 | €154 | ▼ 6.9% |
| Profit (loss) for the period9904 | €42k | €82k | €73k | €-5k | €-77k | ▼ 1,313% |
| Transfer from tax-exempt reserves789 | €2k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €45k | €82k | €73k | €-5k | €-77k | ▼ 1,313% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.23M | €1.27M | €1.53M | €1.54M | €1.70M | ▲ 10.5% |
| Fixed assets21/28 | €1.16M | €1.19M | €1.18M | €1.17M | €1.20M | ▲ 2.3% |
| Tangible fixed assets22/27 | €23k | €51k | €39k | €29k | €56k | ▲ 91.2% |
| Furniture and vehicles24 | €23k | €51k | €39k | €29k | €56k | ▲ 91.2% |
| Financial fixed assets28 | €1.14M | €1.14M | €1.14M | €1.14M | €1.14M | = |
| Current assets29/58 | €71k | €84k | €351k | €367k | €502k | ▲ 36.8% |
| Stocks and contracts in progress3 | - | - | €273k | €211k | €211k | = |
| Stocks30/36 | - | - | €273k | €211k | €211k | = |
| Amounts receivable within one year40/41 | €42k | €65k | €61k | €138k | €263k | ▲ 90.8% |
| Trade receivables40 | €15k | €15k | €21k | €38k | €154k | ▲ 307% |
| Other amounts receivable41 | €27k | €50k | €40k | €100k | €109k | ▲ 8.8% |
| Cash at bank and in hand54/58 | €29k | €18k | €17k | €18k | €28k | ▲ 53.1% |
| Deferred charges and accrued income490/1 | - | €162 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.23M | €1.27M | €1.53M | €1.54M | €1.70M | ▲ 10.5% |
| Equity10/15 | €60k | €143k | €216k | €211k | €133k | ▼ 36.7% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €54k | €137k | €210k | €205k | €127k | ▼ 37.8% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €52k | €135k | €208k | €203k | €125k | ▼ 38.2% |
| Amounts payable17/49 | €1.17M | €1.13M | €1.31M | €1.33M | €1.56M | ▲ 18.0% |
| Amounts payable after more than one year17 | €165k | €116k | €67k | €27k | €33k | ▲ 24.0% |
| Financial debts170/4 | €165k | €116k | €67k | €27k | €33k | ▲ 24.0% |
| Amounts payable within one year42/48 | €1.01M | €1.01M | €1.24M | €1.29M | €1.52M | ▲ 18.1% |
| Current portion of amounts payable after more than one year42 | €48k | €49k | €49k | €40k | €39k | ▼ 4.1% |
| Trade debts44 | €986 | €8k | €229 | €3k | €120k | ▲ 3,749% |
| Suppliers440/4 | €986 | €8k | €229 | €3k | €120k | ▲ 3,749% |
| Taxes, remuneration and social security45 | €23k | €23k | €34k | €29k | €29k | ▲ 1.5% |
| Taxes450/3 | €16k | €15k | €20k | €16k | €16k | ▲ 0.3% |
| Remuneration and social security454/9 | €7k | €8k | €13k | €13k | €13k | ▲ 2.9% |
| Other amounts payable47/48 | €934k | €934k | €1.16M | €1.21M | €1.33M | ▲ 9.7% |
| Accrued charges and deferred income492/3 | €3k | €2k | €8k | €12k | €12k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42k | €82k | €73k | €-5k | €-77k | ▼ 1,313% |
| + Depreciation and write-downs630 | €11k | €8k | €12k | €12k | €8k | ▼ 37.5% |
| Operating cash flow (approximation) | €53k | €90k | €85k | €7k | €-70k | ▼ 1,153% |
| Investment in fixed assets (approximation) | - | €-35k | €0 | €-3k | €-34k | ▼ 1,266% |
| Change in cash | - | €-10k | €-1k | €2k | €10k | ▲ 545% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-77k
Net result drops to €-77k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €216k ▲51.4%
5 profitable years in a row build equity to €216k.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €82k ▲94.9%
Operating result €71k, net result €82k, both a record.
31-12
Financial
Equity above €100kEq €143k ▲136%
4 profitable years in a row build equity to €143k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 35 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Wervik · 1 establishment unit since 2019
Ground area
1,906 m²
Building footprint
237 m²
Volume, LiDAR
1,093 m³
Parcel 33029D0613/00P002, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SV-HOLD
since 20192.286.094.515
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33029D0613/00P002 | Flanders | 1,906 m² | 1 · 237 m² | 8.5 m · 2 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
Legal Entity Identifier
6488LDM678B8U9A94G83
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,768. 13,004 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 (pre-2019)
Founded19-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.