Equity
-€33,270
Debts exceed assets in financial year 2025.
SV Projects
Lifetime
5 annual accounts with figures on one time axispeak €49,367 (2023)
€26,648▼ 42.3%
lowest -€43,365 (2025)
-€43,365▼ €17,304
peak €36,157 (2023)
-€33,270▼ €43,365
€233,112▲ 2.5%
Board2 names since 2021
1 director
Documentsfilings and deeds
06-07-202625 days before the deadline
2025micro format
Gross margin from €46,207 to €26,648Loss of €43,365Equity from €10,096 to -€33,270
Key points
from the 2025 annual accountsLosses
-€69,427 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Turnover
≈ €150,000 estimated
The micro format states no turnover.
Debts
€233,112 117% of the balance sheet
Financial debts 31%Suppliers 4%Taxes and wages 1%Other 64%
Of this, €161,715 falls due within a year.
Filings
5 annual accounts 2 late
The 2021 accounts came latest: 16 days after the end of the period.
Position in the sector
-€43,365
Lower net result than 95% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,007 companies had the same profile as SV Projects has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,007 companies, not a prediction for SV Projects. 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0771968857
Appointment: (director)
General meeting of 27-06-2024 · Gazette deed
Incorporation
Founding capital of €2,500, 100 shares · Founder: · Appointment: (director) · published on 06-08-2021 · Gazette deed
First establishment
Maria Gorettistraat 7, Herselt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SV Projects Herselt | €199,843 | €26,648 | -16.6% | - |
| BOUTTEN NIELS Poperinge | €185,163 | €30,894 | 27.0% | - |
| ELAND Genk | €206,381 | €32,990 | 16.1% | - |
| Kris Van Looveren Malle | €185,129 | €27,615 | 33.8% | - |
| Grondwerken Peeraer Beerse | €133,872 | €30,000 | 23.3% | - |
| Emako Boechout | €127,455 | €28,684 | 21.1% | - |
| GRONDWERKEN STIJN VUYLSTEKE Izegem | €167,451 | €33,691 | 44.2% | - |
These companies have the same main activity as SV Projects: site preparation (NACE 43120). They are comparable in size and age: total assets between €127,000 and €206,000, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 03-08-2021Normal situation
- Activity
- Site preparationNACE 43120and 2 others
- Establishment unit
- 2.320.090.8372230 Herselt, since 03-08-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Annual accounts 2025
- €199,843▼ 15.8%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on SV Projects
SV Projects files the micro format. That format states no turnover. The gross margin rose from €18,113 in 2021 to €26,648 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SV Projects
- What is the company number of SV Projects?
- The company number of SV Projects is 0771.968.857. The VAT number is the same number with BE in front: BE 0771.968.857.
- Where is SV Projects based?
- The registered office is at Maria Gorettistraat 7, 2230 Herselt.Company details
- What does SV Projects do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of SV Projects?
- SV Projects is a private limited company (BV).
- When was SV Projects founded?
- SV Projects was founded on 03-08-2021.
- Is SV Projects still active?
- Yes, SV Projects is an active enterprise in the KBO register.
- What is the turnover of SV Projects?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €26,648 and 30 comparable companies (NACE 431). It probably lies between €100,000 and €320,000.Financials
- Is SV Projects profitable?
- In financial year 2025, SV Projects made a loss of €43,365.
- Where can I find the annual accounts of SV Projects?
- SV Projects filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SV Projects due?
- SV Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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