SV SECURITY
ActiveSummary
SV SECURITY has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €55k and a net result of €963. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 94% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability41▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 10.68 against 11.21 in 2023; short-term debt: 9.4% and cash: 44.1% of total assets), and 9.4% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
90.6%
Return on assets
1.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
21 d late
2023
26 d late
2022
3 d early
2021
6 d early
2020
26 d late
2019
52 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€55k▲ 1.8%
2023 · €54k
Total assets
€60k▲ 2.3%
2023 · €59k
Net result
€963▲ 101%
2023 · €479
Working capital
€55k▲ 1.8%
2023 · €54k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€-86€4k€5k▲ 30.8%€1k▼ 72.0%€1k▼ 0.9%
Net result€-225€3k€4k▲ 25.0%€479▼ 87.3%€963▲ 101%
Equity€47k▼ 0.5%€50k▲ 6.5%€53k▲ 7.6%€54k▲ 0.9%€55k▲ 1.8%
Total assets€71k▼ 11.1%€67k▼ 5.4%€66k▼ 1.1%€59k▼ 10.9%€60k▲ 2.3%
Debt€24k▼ 26.2%€17k▼ 28.1%€13k▼ 26.0%€5k▼ 59.3%€6k▲ 7.4%
Working capital€45k▲ 1.3%€49k▲ 8.1%€53k▲ 8.7%€54k▲ 0.9%€55k▲ 1.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 1% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €60k
Equity
€55k ▲ 1.8%
Debt
€6k ▲ 7.4%
Debt's share of the balance-sheet total rises from 8.9% to 9.4%. Equity and debt are higher.
Key figures and ratios
Current ratio
10.68▼
2023 · 11.21
Quick ratio
8.36▼
2023 · 9.58
Debt to equity
0.10▲
2023 · 0.10
ROE
1.8%▲
2023 · 0.9%
ROA
1.6%▲
2023 · 0.8%
Debt ≤ 1 year
€6k▲
2023 · €5k
Income taxes
€497▼
2023 · €595
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €786 | €649 | €490 | - | - | - |
| Other operating charges640/8 | - | €348 | €348 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €1k | €5k | €6k | €2k | €2k | ▼ 0.5% |
| Operating profit (loss)9901 | €-86 | €4k | €5k | €1k | €1k | ▼ 0.9% |
| Financial income75/76B | - | - | €158 | €0 | €206 | ▲ 2,055,900% |
| Recurring financial income75 | - | - | €158 | €0 | €206 | ▲ 2,055,900% |
| Financial charges65/66B | - | €38 | €39 | €271 | €78 | ▼ 71.0% |
| Recurring financial charges65 | €30 | €38 | €39 | €271 | €78 | ▼ 71.0% |
| Profit (loss) for the period before taxes9903 | €-116 | €4k | €5k | €1k | €1k | ▲ 35.9% |
| Income taxes67/77 | €109 | €607 | €1k | €595 | €497 | ▼ 16.5% |
| Profit (loss) for the period9904 | €-225 | €3k | €4k | €479 | €963 | ▲ 101% |
| Profit (loss) for the period to be appropriated9905 | €-225 | €3k | €4k | €479 | €963 | ▲ 101% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €71k | €67k | €66k | €59k | €60k | ▲ 2.3% |
| Fixed assets21/28 | €1k | €490 | - | - | - | - |
| Tangible fixed assets22/27 | €1k | €490 | - | - | - | - |
| Furniture and vehicles24 | - | €490 | - | - | - | - |
| Current assets29/58 | €70k | €67k | €66k | €59k | €60k | ▲ 2.3% |
| Stocks and contracts in progress3 | €8k | €7k | €11k | €9k | €13k | ▲ 52.7% |
| Stocks30/36 | - | €7k | €11k | €9k | €13k | ▲ 52.7% |
| Amounts receivable within one year40/41 | €27k | €35k | €39k | €14k | €21k | ▲ 50.8% |
| Trade receivables40 | - | €20k | €25k | €4k | €12k | ▲ 206% |
| Other amounts receivable41 | - | €16k | €14k | €10k | €8k | ▼ 14.6% |
| Cash at bank and in hand54/58 | €35k | €24k | €16k | €37k | €27k | ▼ 27.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €71k | €67k | €66k | €59k | €60k | ▲ 2.3% |
| Equity10/15 | €47k | €50k | €53k | €54k | €55k | ▲ 1.8% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | - | - | - |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Profit (loss) carried forward14 | €26k | €29k | €33k | €35k | €36k | ▲ 2.7% |
| Amounts payable17/49 | €24k | €17k | €13k | €5k | €6k | ▲ 7.4% |
| Amounts payable within one year42/48 | €24k | €17k | €13k | €5k | €6k | ▲ 7.4% |
| Trade debts44 | €1k | €147 | - | €368 | €4k | ▲ 995% |
| Suppliers440/4 | - | €147 | - | €368 | €4k | ▲ 995% |
| Taxes, remuneration and social security45 | - | €852 | €1k | €1k | €1k | = |
| Taxes450/3 | - | €852 | €1k | €1k | €1k | = |
| Other amounts payable47/48 | - | €16k | €12k | €3k | €168 | ▼ 95.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-225 | €3k | €4k | €479 | €963 | ▲ 101% |
| + Depreciation and write-downs630 | €786 | €649 | €490 | - | - | - |
| Operating cash flow (approximation) | €561 | €4k | €4k | €479 | €963 | ▲ 101% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - |
| Change in cash | - | €-11k | €-7k | €20k | €-10k | ▼ 150% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 11.21
Current ratio from 5.12 to 11.21; short-term debt falls from €13k to €5k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet €-225
Net result drops to €-225, the lowest in the series; recovery starts the following year.
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 52 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Dilbeek · 1 establishment unit since 2016
Ground area
411 m²
Building footprint
127 m²
Volume, LiDAR
1,062 m³
Parcel 23016D0186/00R000, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Baron R. de Vironlaan 39, 1700 Dilbeek
since 20162.250.158.092
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23016D0186/00R000 | Flanders | 411 m² | 1 · 127 m² | 11.6 m · 3 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.
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Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 8,626 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
Founded29-01-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
46643Wholesale of electrical equipment, including installation materials
Contact
E-mail
valsamis.s@skynet.be
Phone
0486/076650
Scores and ratios are computed by Checked and are not a credit decision.