SVA GROUP
ActiveSVA GROUP has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €46k and a net result of €66k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 26% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency50▼-14
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.64 in 2023; short-term debt: 72.7% and cash: 90.2% of total assets), and 75% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
Sector 43
higher
← 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
25%
Return on assets
35.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
42 d early
2022
32 d early
2021
27 d early
2020
44 d early
2019
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€101k
EBIT margin
1.5%
Net result
€66k▲ 113%
2023 · €31k
2018: €534
2019: €-841
2020: €12k
2021: €14k
2022: €12k
2023: €31k
2018 → 2024
Working capital
€49k▲ 67.7%
2023 · €29k
2018: €19k
2019: €19k
2020: €20k
2021: €20k
2022: €18k
2023: €29k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€20k-€21k▲ 1.0%€19k▼ 9.7%€30k▲ 60.1%€46k▲ 55.0%
Operating result€15k-€18k▲ 23.6%€16k▼ 13.1%€43k▲ 170%€91k▲ 112%
Net result€12k-€14k▲ 18.7%€12k▼ 12.7%€31k▲ 162%€66k▲ 113%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 112% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €186k
Fixed assets
€1k▲ 181%
Current assets
€185k▲ 144%
Equity and liabilities €186k
Equity
€46k▲ 55.0%
Debt
€139k▲ 202%
The debt ratio rises from 60.7% to 75.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€91k▲
2023 · €43k
Cash flow
€67k▲
2023 · €32k
Solvency
25.0%▼
2023 · 39.3%
Current ratio
1.37▼
2023 · 1.64
Quick ratio
1.37▼
2023 · 1.64
Debt / equity
3.01▲
2023 · 1.54
ROE
143.2%▲
2023 · 104.3%
ROA
35.8%▼
2023 · 41.0%
Interest coverage
151.12▲
2023 · 68.17
Debt
€139k▲
2023 · €46k
Debt ≤ 1 year
€135k▲
2023 · €46k
Income taxes
€24k▲
2023 · €11k
Staff costs
€201k▲
2023 · €110k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€76k€186k▲
Fixed assets21/28€450€1k▲
Tangible fixed assets22/27€450€1k▲
Plant, machinery and equipment23€450€163▼
Furniture and vehicles24-€1k
Current assets29/58€76k€185k▲
Amounts receivable within one year40/41€12k€15k▲
Trade receivables40€6k-
Other amounts receivable41€6k€15k▲
Cash at bank and in hand54/58€63k€168k▲
Deferred charges and accrued income490/1€622€2k▲
Equity and liabilities
Total equity and liabilities10/49€76k€186k▲
Equity10/15€30k€46k▲
Contributions10/11€19k€19k=
Reserves13€100€100=
Non-distributable reserves130/1€100€100=
Reserves not available under the articles1311€100€100=
Profit (loss) carried forward14€11k€28k▲
Amounts payable17/49€46k€139k▲
Amounts payable within one year42/48€46k€135k▲
Financial debts43€13k€30k▲
Credit institutions430/8€13k€30k▲
Trade debts44€1k€40k▲
Suppliers440/4€1k€40k▲
Taxes, remuneration and social security45€12k€14k▲
Remuneration and social security454/9€12k€14k▲
Other amounts payable47/48€21k€51k▲
Accrued charges and deferred income492/3-€4k
Income statement
Code20232024
Remuneration, social security and pensions62€110k€201k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€287€401▲
Other operating charges640/8€447€522▲
Gross operating margin9900€153k€293k▲
Operating profit (loss)9901€43k€91k▲
Financial income75/76B-€140
Recurring financial income75-€140
Financial charges65/66B€631€603▼
Recurring financial charges65€631€603▼
Profit (loss) for the period before taxes9903€42k€90k▲
Income taxes67/77€11k€24k▲
Profit (loss) for the period9904€31k€66k▲
Profit (loss) for the period to be appropriated9905€31k€66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€78k▲
Profit (loss) brought forward from the previous period14P-€11k
Profit to be distributed694/7€20k€50k▲
Return on contributions (dividend)694€20k€50k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €66k ▲113%
Operating result €91k, net result €66k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-841 ▼257%
Net result drops to €-841, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 4.08
Current ratio from 1.52 to 4.08; short-term debt falls from €36k to €6k.
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 9 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Asse · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zuiderlaan 141731 AsseGround area
346 m²
Building footprint
275 m²
Volume, LiDAR
2,430 m³
Parcel 23095C0073/00X040, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SVA GROUP
since 20152.245.959.774
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23095C0073/00X040 | Flanders | 346 m² | 1 · 275 m² | 10.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Recognised contractor
4 categoriesSVA GROUP BV42348
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,044 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-09-2015
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
43211General electrical installation work
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.