SVANMEERBEEK
ActiveSummary
SVANMEERBEEK has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €407,708 and a net result of €38,929. Equity is growing by about 7.8% per year across the filed financial years. Its solvency ranks better than 91% of 15,537 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, micro format
Equity
€407,708▲ 10.6%
2024 · €368,779
Total assets
€444,875▼ 1.9%
2024 · €453,302
Net result
€38,929▲ 29.6%
2024 · €30,032
Working capital
-€19,137▲ 8.3%
2024 · -€20,873
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 26% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€58,935
2025
Net result€38,929
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€444,875
2025
Equity€407,708
2025
Debt€37,167
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€19,137
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)8.8%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency91.6%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.49
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€89,154-€61,601▼ 30.9%€22,697▼ 63.2%€39,575▲ 74.4%€29,527▼ 25.4%€46,953▲ 59.0%€58,935▲ 25.5%
Net result€53,435-€37,565within the sector's middle half▼ 29.7%€11,159within the sector's middle half▼ 70.3%€24,500within the sector's middle half▲ 120%€19,061within the sector's middle half▼ 22.2%€30,032within the sector's middle half▲ 57.6%€38,929within the sector's middle half▲ 29.6%
Equity€244,664-€282,229above the sector's middle half▲ 15.4%€293,388above the sector's middle half▲ 4.0%€319,686above the sector's middle half▲ 9.0%€338,747above the sector's middle half▲ 6.0%€368,779above the sector's middle half▲ 8.9%€407,708above the sector's middle half▲ 10.6%
Total assets€481,883-€462,785within the sector's middle half▼ 4.0%€452,760within the sector's middle half▼ 2.2%€446,311within the sector's middle half▼ 1.4%€453,703within the sector's middle half▲ 1.7%€453,302within the sector's middle half▼ 0.1%€444,875within the sector's middle half▼ 1.9%
Debt€237,219-€180,556▼ 23.9%€159,372▼ 11.7%€126,625▼ 20.5%€114,956▼ 9.2%€84,523▼ 26.5%€37,167▼ 56.0%
Working capital-€81,412--€53,429below the sector's middle half▲ 34.4%-€43,100below the sector's middle half▲ 19.3%-€31,969below the sector's middle half▲ 25.8%-€23,600below the sector's middle half▲ 26.2%-€20,873below the sector's middle half▲ 11.6%-€19,137below the sector's middle half▲ 8.3%
Solvency50.8%-61.0%within the sector's middle half▲ 10.2pp64.8%within the sector's middle half▲ 3.8pp71.6%within the sector's middle half▲ 6.8pp74.7%within the sector's middle half▲ 3.0pp81.4%above the sector's middle half▲ 6.7pp91.6%above the sector's middle half▲ 10.3pp
Current ratio0.14-0.13below the sector's middle half▼ 0.010.22below the sector's middle half▲ 0.090.38below the sector's middle half▲ 0.160.54below the sector's middle half▲ 0.160.57below the sector's middle half▲ 0.030.49below the sector's middle half▼ 0.08
Return on assets (ROA)11.1%-8.1%within the sector's middle half▼ 3.0pp2.5%below the sector's middle half▼ 5.7pp5.5%within the sector's middle half▲ 3.0pp4.2%below the sector's middle half▼ 1.3pp6.6%within the sector's middle half▲ 2.4pp8.8%within the sector's middle half▲ 2.1pp
above
within
below
the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €444,875
Fixed assets
€426,845 ▲ 0.3%
Current assets
€18,031 ▼ 34.8%
Equity and liabilities €444,875
Equity
€407,708 ▲ 10.6%
Debt
€37,167 ▼ 56.0%
Debt's share of the balance-sheet total falls from 18.6% to 8.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59,701▲
2024 · €47,666
Cash flow
€39,694▲
2024 · €30,745
Debt to equity
0.09▼
2024 · 0.23
ROE
9.5%▲
2024 · 8.1%
Interest coverage
over 100▲
2024 · 97.39
Debt ≤ 1 year
€37,167▼
2024 · €48,515
Income taxes
€19,891▲
2024 · €16,432
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,983 | €13,983 | €13,983 | €13,618 | €713 | €713 | €765 | ▲ 7.3% |
| Other operating charges640/8 | - | - | - | €768 | €509 | €1,895 | €1,749 | ▼ 7.7% |
| Gross operating margin9900 | €104,498 | €76,168 | €37,228 | €53,960 | €30,749 | €49,560 | €61,449 | ▲ 24.0% |
| Operating profit (loss)9901 | €89,154 | €61,601 | €22,697 | €39,575 | €29,527 | €46,953 | €58,935 | ▲ 25.5% |
| Financial income75/76B | - | - | - | - | - | €0 | €0 | ▲ 660% |
| Recurring financial income75 | €1 | €0 | €0 | - | - | €0 | €0 | ▲ 660% |
| Financial charges65/66B | - | - | - | €307 | €173 | €489 | €116 | ▼ 76.3% |
| Recurring financial charges65 | €1,410 | €777 | €537 | €307 | €173 | €489 | €116 | ▼ 76.3% |
| Profit (loss) for the period before taxes9903 | €87,745 | €60,824 | €22,160 | €39,267 | €29,354 | €46,463 | €58,820 | ▲ 26.6% |
| Income taxes67/77 | €34,311 | €23,259 | €11,001 | €14,768 | €10,293 | €16,432 | €19,891 | ▲ 21.0% |
| Profit (loss) for the period9904 | €53,435 | €37,565 | €11,159 | €24,500 | €19,061 | €30,032 | €38,929 | ▲ 29.6% |
| Profit (loss) for the period to be appropriated9905 | €53,435 | €37,565 | €18,355 | €24,500 | €19,061 | €30,032 | €38,929 | ▲ 29.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €481,883 | €462,785 | €452,760 | €446,311 | €453,703 | €453,302 | €444,875 | ▼ 1.9% |
| Fixed assets21/28 | €468,669 | €454,686 | €440,704 | €427,086 | €426,373 | €425,660 | €426,845 | ▲ 0.3% |
| Tangible fixed assets22/27 | €44,435 | €30,452 | €16,470 | €2,852 | €2,139 | €1,426 | €2,611 | ▲ 83.1% |
| Land and buildings22 | - | - | - | €2,509 | €1,881 | €1,254 | €627 | ▼ 50.0% |
| Plant, machinery and equipment23 | - | - | - | €344 | €258 | €172 | €86 | ▼ 50.0% |
| Furniture and vehicles24 | - | - | - | - | - | - | €1,898 | - |
| Financial fixed assets28 | €424,234 | €424,234 | €424,234 | €424,234 | €424,234 | €424,234 | €424,234 | = |
| Current assets29/58 | €13,214 | €8,098 | €12,056 | €19,225 | €27,330 | €27,642 | €18,031 | ▼ 34.8% |
| Amounts receivable within one year40/41 | €5,125 | €5,100 | €8,999 | €15,570 | €22,915 | €22,670 | €14,665 | ▼ 35.3% |
| Trade receivables40 | - | - | - | €4,540 | €7,410 | €22,670 | €7,000 | ▼ 69.1% |
| Other amounts receivable41 | - | - | - | €11,030 | €15,505 | - | €7,665 | - |
| Cash at bank and in hand54/58 | €5,732 | €385 | €427 | €1,841 | €2,399 | €3,044 | €1,358 | ▼ 55.4% |
| Deferred charges and accrued income490/1 | - | - | - | €1,813 | €2,016 | €1,928 | €2,009 | ▲ 4.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €481,883 | €462,785 | €452,760 | €446,311 | €453,703 | €453,302 | €444,875 | ▼ 1.9% |
| Equity10/15 | €244,664 | €282,229 | €293,388 | €319,686 | €338,747 | €368,779 | €407,708 | ▲ 10.6% |
| Contributions10/11 | €7,000 | - | - | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Reserves13 | €146,272 | €183,836 | €194,995 | €219,495 | €238,556 | €266,587 | €305,516 | ▲ 14.6% |
| Non-distributable reserves130/1 | - | - | - | €2,000 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,000 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €65 | €65 | €65 | €65 | = |
| Distributable reserves133 | - | - | - | €217,430 | €238,491 | €266,523 | €305,452 | ▲ 14.6% |
| Profit (loss) carried forward14 | €91,392 | €91,393 | €91,393 | €93,192 | €93,192 | €95,192 | €95,192 | = |
| Amounts payable17/49 | €237,219 | €180,556 | €159,372 | €126,625 | €114,956 | €84,523 | €37,167 | ▼ 56.0% |
| Amounts payable after more than one year17 | €142,594 | €119,028 | €104,216 | €75,431 | €64,026 | €31,983 | - | - |
| Financial debts170/4 | - | - | - | €75,431 | €64,026 | €31,983 | - | - |
| Amounts payable within one year42/48 | €94,625 | €61,528 | €55,156 | €51,194 | €50,930 | €48,515 | €37,167 | ▼ 23.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,961 | - | - | - | - |
| Financial debts43 | - | - | - | €8,716 | €12,431 | - | €18 | - |
| Credit institutions430/8 | - | - | - | €8,716 | €12,431 | - | €18 | - |
| Trade debts44 | €1,392 | €711 | €3,770 | €599 | €1,557 | €2,061 | €278 | ▼ 86.5% |
| Suppliers440/4 | - | - | - | €599 | €1,557 | €2,061 | €278 | ▼ 86.5% |
| Taxes, remuneration and social security45 | - | - | - | €836 | €1,859 | €11,371 | €1,789 | ▼ 84.3% |
| Taxes450/3 | - | - | - | €836 | €1,859 | €11,371 | €1,789 | ▼ 84.3% |
| Other amounts payable47/48 | - | - | - | €35,083 | €35,083 | €35,083 | €35,083 | = |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €4,025 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €53,435 | €37,565 | €11,159 | €24,500 | €19,061 | €30,032 | €38,929 | ▲ 29.6% |
| + Depreciation and write-downs630 | €13,983 | €13,983 | €13,983 | €13,618 | €713 | €713 | €765 | ▲ 7.3% |
| Operating cash flow (approximation) | €67,417 | €51,548 | €25,142 | €38,117 | €19,774 | €30,745 | €39,694 | ▲ 29.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | -€1,950 | - |
| Change in cash | - | -€5,348 | €43 | €1,414 | €558 | €645 | -€1,687 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 09-04-2026 | 2026-00075816 |
| 30-09-2024 | micro format | 28-03-2025 | 2025-00057032 |
| 30-09-2023 | micro format | 16-02-2024 | 2024-00031141 |
| 30-09-2022 | micro format | 22-03-2023 | 2023-00043367 |
| 30-09-2021 | micro format | 30-03-2022 | 2022-09200361 |
| 30-09-2020 | micro format | 16-02-2021 | 2021-05500239 |
| 30-09-2019 | micro format | 16-03-2020 | 2020-06700356 |
| 30-09-2018 | micro format | 28-03-2019 | 2019-08100283 |
| 30-09-2017 | micro format | 23-03-2018 | 2018-07600068 |
| 30-09-2016 | abbreviated format | 28-03-2017 | 2017-07800559 |
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Of the 1,017 active companies whose main activity is activities of bailiffs (NACE 69103), figures are known for 620. 460 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.