SV IMMO-CONSTRUCT
ActiveSummary
SV IMMO-CONSTRUCT has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€323) and a net result of -€16,759. Equity has been shrinking by about 14% per year since 2018. Its solvency ranks better than 13% of 5,796 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 30-07-1990 Normal situation
- Activity
- Real estate agency activities NACE 68310and 4 others
- Establishment unit
- 2.049.015.726 1300 Wavre, since 01-08-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 19-04-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.5%
- Gross margin
- €11,230
- ▼ 67.2%
- Turnover
- ≈ €39,000
- estimated
- Loss
- €16,759
- Equity
- -€323
- Total assets
- €39,443
- ▲ 39.1%
- Staff
- ≈ 0.5 FTE
- estimated
- Negative equity on 31-12-2025
- 2025 accounts filed 59 days after the deadline
Score breakdownraises riskCapped at 59: negative equityLoss of €16,759 (financial year 2025)Last filed accounts filed 59 days late; 3 of the last 3 accounts latelowers riskSize: total assets €39,443Founded in 1990Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro). It does better than 19% of them on solvency, 13% on liquidity, 4% on profitability and 5% 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 108 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, full format
2025 annual accounts filed 59 days after the deadline Filed on 28 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00548318.
Annual accounts 2025 filed on 28-09-2026 at the NBB all 33 filings
Every figure per financial year
The operating result for 2025 is a loss of €12,299, after a profit of €24,356 in 2024.
The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €7,975 | €24,927 | €6,500 | - | €963 |
| Depreciation and write-downs of the year | €513 | - | €8,595 | €8,595 | €8,371 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €12,220 | - | - | - | €15,086 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €224 | €513 | - | €8,595 | €8,595 | €8,371 | ▼ 2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €36,000 | - | - | - |
| Other operating charges640/8 | - | - | - | €2,412 | €757 | €1,478 | €1,322 | €72 | ▼ 94.6% |
| Gross operating margin9900 | €13,201 | -€2,715 | €5,284 | €26,618 | €10,410 | €22,447 | €34,273 | €11,230 | ▼ 67.2% |
| Operating profit (loss)9901 | €13,121 | -€2,795 | -€1,734 | €11,473 | €9,653 | -€23,626 | €24,356 | -€12,299 | - |
| Financial income75/76B | - | - | - | €5 | €1,450 | - | - | - | - |
| Recurring financial income75 | €306 | - | - | €5 | €1,450 | - | - | - | - |
| Financial charges65/66B | - | - | - | €574 | €228 | €616 | €1,205 | €544 | ▼ 54.9% |
| Recurring financial charges65 | €140 | €139 | €40 | €574 | €228 | €616 | €1,205 | €544 | ▼ 54.9% |
| Profit (loss) for the period before taxes9903 | €13,287 | -€2,934 | -€1,774 | €10,904 | €10,875 | -€24,242 | €23,151 | -€12,843 | - |
| Income taxes67/77 | - | - | - | €2,000 | - | -€88 | €8,726 | €3,916 | ▼ 55.1% |
| Profit (loss) for the period9904 | €13,287 | -€2,934 | -€1,774 | €8,904 | €10,875 | -€24,154 | €14,425 | -€16,759 | - |
| Profit (loss) for the period to be appropriated9905 | €13,287 | -€2,934 | -€1,774 | €8,904 | €10,875 | -€24,154 | €14,425 | -€16,759 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €56,462 | €15,824 | €36,693 | €72,316 | €96,089 | €32,195 | €28,356 | €39,443 | ▲ 39.1% |
| Fixed assets21/28 | - | - | €1,097 | €8,559 | €33,486 | €31,391 | €22,796 | €15,388 | ▼ 32.5% |
| Tangible fixed assets22/27 | - | - | €897 | €8,359 | €33,286 | €31,191 | €22,596 | €15,188 | ▼ 32.8% |
| Furniture and vehicles24 | - | - | - | €8,359 | €33,286 | €31,191 | €22,596 | €15,188 | ▼ 32.8% |
| Financial fixed assets28 | - | - | €200 | €200 | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €56,462 | €15,824 | €35,597 | €63,757 | €62,603 | €804 | €5,560 | €24,055 | ▲ 333% |
| Amounts receivable within one year40/41 | €19,070 | €10,613 | €31,139 | €42,674 | €15,720 | - | €5,519 | €23,539 | ▲ 327% |
| Trade receivables40 | - | - | - | €39,968 | €9,768 | - | €4,096 | €17,205 | ▲ 320% |
| Other amounts receivable41 | - | - | - | €2,706 | €5,952 | - | €1,423 | €6,334 | ▲ 345% |
| Cash at bank and in hand54/58 | €1,574 | €15 | €4,458 | €21,083 | €46,883 | €804 | €41 | €516 | ▲ 13× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €56,462 | €15,824 | €36,693 | €72,316 | €96,089 | €32,195 | €28,356 | €39,443 | ▲ 39.1% |
| Equity10/15 | €11,094 | €8,159 | €6,386 | €15,290 | €26,165 | €2,011 | €16,436 | -€323 | - |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | - | - | €18,592 | €18,592 | - | €18,592 | €18,592 | = |
| Issued capital100 | - | - | - | €18,592 | €18,592 | - | €18,592 | €18,592 | = |
| Profit (loss) carried forward14 | -€7,498 | -€10,433 | -€12,206 | -€3,302 | €7,573 | -€16,581 | -€2,156 | -€18,915 | ▼ 777% |
| Amounts payable17/49 | €45,368 | €7,665 | €30,308 | €57,026 | €69,924 | €30,184 | €11,920 | €39,766 | ▲ 234% |
| Amounts payable after more than one year17 | - | - | €30,000 | €33,622 | €31,256 | €13,309 | €3,194 | €11,833 | ▲ 270% |
| Financial debts170/4 | - | - | - | €33,622 | €31,256 | €13,309 | €3,194 | €11,833 | ▲ 270% |
| Amounts payable within one year42/48 | €39,235 | €4,674 | €308 | €23,404 | €38,668 | €16,875 | €8,726 | €27,933 | ▲ 220% |
| Trade debts44 | €39,235 | €4,674 | €308 | €9,619 | - | €16,875 | - | €18,835 | - |
| Suppliers440/4 | - | - | - | €9,619 | - | €16,875 | - | €18,835 | - |
| Advances received on contracts in progress46 | - | - | - | - | €29,192 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €13,785 | €9,476 | - | €8,726 | €9,098 | ▲ 4.3% |
| Taxes450/3 | - | - | - | €8,643 | €9,476 | - | €8,726 | €9,098 | ▲ 4.3% |
| Remuneration and social security454/9 | - | - | - | €5,142 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,287 | -€2,934 | -€1,774 | €8,904 | €10,875 | -€24,154 | €14,425 | -€16,759 | - |
| + Depreciation and write-downs630 | - | - | €224 | €513 | - | €8,595 | €8,595 | €8,371 | ▼ 2.6% |
| Operating cash flow (approximation) | €13,287 | -€2,934 | -€1,550 | €9,417 | €10,875 | -€15,559 | €23,020 | -€8,388 | - |
| Investment in fixed assets (approximation) | - | - | - | -€7,975 | -€24,927 | -€6,500 | €0 | -€963 | - |
| Change in cash | - | -€1,559 | €4,443 | €16,625 | €25,800 | -€46,079 | -€763 | €475 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,619 companies had the same profile as SV IMMO-CONSTRUCT has now. Two years later, 84.5% were still going and 4.5% had gone bankrupt.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SV IMMO-CONSTRUCT itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,619 companies, not a prediction for SV IMMO-CONSTRUCT. 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.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 28-09-2026 | 2026-00548318 | |
| 31-12-2024 | micro format | 08-10-2025 | 2025-00537735 | |
| 31-12-2023 | micro format | 19-10-2024 | 2024-00511990 | |
| 31-12-2022 | micro format | 29-10-2023 | 2023-00501128 | |
| 31-12-2021 | micro format | 28-10-2023 | 2023-00495596 | |
| 31-12-2020 | micro format | 02-09-2021 | 2021-66400528 | |
| 31-12-2019 | micro format | 29-06-2020 | 2020-24400455 | |
| 31-12-2018 | micro format | 24-09-2019 | 2019-65400166 | |
| 31-12-2017 | micro format | 31-07-2018 | 2018-41600056 | |
| 31-12-2016 | micro format | 25-08-2017 | 2017-49400137 |
Board & ownership
Directors
Owners and capital
Owners
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| KOHN M |
|
| Sébastien VIMEUX |
|
Network & group
SV IMMO-CONSTRUCT shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of SV IMMO-CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
30-10
Gazette deed
Resignation: Sébastien VIMEUX (director)Director discharge3 points ▸
- General meeting, 21-02-2025
- Director resignation, Sébastien VIMEUX (director)
- Director discharge, Sébastien VIMEUX (director)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
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 0441.082.754
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25112M0326/00L000 | Wallonia | 185 m² | 1 · 63 m² | 12.2 m · 4 |