SVASTA
ActiveSummary
For SVASTA, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €3.4m and a net result of €1.6m. Equity is growing by ~512.6% per year across the filed fiscal years. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability91▼-4
Solvency56▲+5
Growth85=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2023Solvency, return and age of the figures
Solvency
31.1%
Return on assets
14.5%
Age of the figures
39 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
30-06-2024 close31-01-2025 deadline01-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 31-01-2024, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
on the day
2022
5 d early
2021
on the day
2020
9 d early
2019
46 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 12 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, full schema
Turnover
€8.0m▼ 42.2%
2022 · €13.8m
EBIT margin
30.2%▲ 12.0pp
2022 · 18.1%
Net result
€1.6m▲ 1.2%
2022 · €1.5m
Working capital
€2.3m▲ 124%
2022 · €1.0m
Trend over the years
In euros
In per cent
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Turnover€3.8m€13.8m▲ 260%€8.0m▼ 42.2%
Operating result-€6,029--€399▲ 93.4%€349,111€2.5m▲ 616%€2.4m▼ 3.8%
Net result-€6,064--€478▲ 92.1%€278,926€1.5m▲ 453%€1.6m▲ 1.2%
EBIT margin9.1%18.1%▲ 9.0pp30.2%▲ 12.0pp
Equity€6,436-€5,958▼ 7.4%€212,485▲ 3,466%€1.8m▲ 744%€3.4m▲ 87.1%
Total assets€6,436-€6,058▼ 5.9%€837,925▲ 13,732%€6.9m▲ 721%€10.8m▲ 56.8%
Debt€100€625,440▲ 625,340%€3.7m▲ 489%€5.1m▲ 39.3%
Working capital€5,958€44,998▲ 655%€1.0m▲ 2,195%€2.3m▲ 124%
Staff (FTE)12.940.1▲ 211%20.1▼ 49.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 4% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €10.8m
Fixed assets
€4.9m ▲ 81.5%
Current assets
€5.9m ▲ 41.1%
Equity and liabilities €10.8m
Equity
€3.4m ▲ 87.1%
Provisions
€2.3m ▲ 64.3%
Debt
€5.1m ▲ 39.3%
Debt's share of the balance-sheet total falls from 53.6% to 47.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2.4m▼
2022 · €2.5m
Cash flow
€1.6m▲
2022 · €1.5m
Current ratio
1.64▲
2022 · 1.33
Debt to equity
1.53▼
2022 · 2.06
ROE
46.5%▼
2022 · 86.1%
ROA
14.5%▼
2022 · 22.4%
Interest coverage
52.28▼
2022 · 284.09
Debt ≤ 1 year
€3.6m▲
2022 · €3.2m
Income taxes
€868,283▼
2022 · €1.0m
Staff costs
€936,813▼
2022 · €2.0m
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 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €3.8m | €13.8m | €8.0m | ▼ 42.2% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €9.1m | €4.6m | ▼ 50.2% |
| Remuneration, social security and pensions62 | - | - | - | €2.0m | €936,813 | ▼ 52.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,222 | €3,870 | €2,471 | ▼ 36.1% |
| Other operating charges640/8 | - | - | - | €187,233 | €44,195 | ▼ 76.4% |
| Non-recurring operating charges66A | - | - | - | - | €56,042 | - |
| Gross operating margin9900 | -€4,766 | -€299 | €977,151 | €4.7m | €3.4m | ▼ 26.4% |
| Operating profit (loss)9901 | -€6,029 | -€399 | €349,111 | €2.5m | €2.4m | ▼ 3.8% |
| Financial income75/76B | - | - | - | €62,639 | €71,764 | ▲ 14.6% |
| Recurring financial income75 | €0 | - | €153 | €62,639 | €71,764 | ▲ 14.6% |
| Financial charges65/66B | - | - | - | €8,807 | €46,020 | ▲ 423% |
| Recurring financial charges65 | €35 | €79 | €4,128 | €8,807 | €46,020 | ▲ 423% |
| Profit (loss) for the period before taxes9903 | -€6,064 | -€478 | €345,135 | €2.6m | €2.4m | ▼ 4.8% |
| Income taxes67/77 | - | - | €66,209 | €1.0m | €868,283 | ▼ 14.0% |
| Profit (loss) for the period9904 | -€6,064 | -€478 | €278,926 | €1.5m | €1.6m | ▲ 1.2% |
| Profit (loss) for the period to be appropriated9905 | -€6,064 | -€478 | €278,926 | €1.5m | €1.6m | ▲ 1.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6,436 | €6,058 | €837,925 | €6.9m | €10.8m | ▲ 56.8% |
| Fixed assets21/28 | - | - | €182,896 | €2.7m | €4.9m | ▲ 81.5% |
| Tangible fixed assets22/27 | - | - | €86,756 | €1.5m | €1.5m | ▼ 2.9% |
| Land and buildings22 | - | - | - | €1.4m | €1.4m | ▲ 1.8% |
| Furniture and vehicles24 | - | - | - | €122,329 | €54,199 | ▼ 55.7% |
| Financial fixed assets28 | - | - | €96,140 | €1.2m | €3.4m | ▲ 192% |
| Current assets29/58 | €6,436 | €6,058 | €655,028 | €4.2m | €5.9m | ▲ 41.1% |
| Amounts receivable within one year40/41 | €1,354 | €33 | €342,969 | €4.1m | €5.9m | ▲ 44.7% |
| Trade receivables40 | - | - | - | - | €875,276 | - |
| Other amounts receivable41 | - | - | - | €4.1m | €5.0m | ▲ 23.2% |
| Cash at bank and in hand54/58 | €5,082 | €6,025 | €299,593 | €118,398 | €25,148 | ▼ 78.8% |
| Deferred charges and accrued income490/1 | - | - | - | €4,258 | €2,154 | ▼ 49.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6,436 | €6,058 | €837,925 | €6.9m | €10.8m | ▲ 56.8% |
| Equity10/15 | €6,436 | €5,958 | €212,485 | €1.8m | €3.4m | ▲ 87.1% |
| Contributions10/11 | €12,500 | €12,500 | - | €50,000 | €50,000 | = |
| Reserves13 | - | - | €199,985 | €1.7m | €3.3m | ▲ 89.6% |
| Distributable reserves133 | - | - | - | €1.7m | €3.3m | ▲ 89.6% |
| Profit (loss) carried forward14 | -€6,064 | -€6,542 | -€6,064 | - | - | - |
| Provisions and deferred taxes16 | - | - | - | €1.4m | €2.3m | ▲ 64.3% |
| Provisions for liabilities and charges160/5 | - | - | - | €1.4m | €2.3m | ▲ 64.3% |
| Major repairs and maintenance162 | - | - | - | €1.4m | €2.3m | ▲ 64.3% |
| Amounts payable17/49 | - | €100 | €625,440 | €3.7m | €5.1m | ▲ 39.3% |
| Amounts payable within one year42/48 | - | €100 | €610,031 | €3.2m | €3.6m | ▲ 14.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €1.5m | €916,216 | ▼ 39.0% |
| Trade debts44 | - | €100 | €378,641 | €922,925 | €1.7m | ▲ 86.0% |
| Suppliers440/4 | - | - | - | €922,925 | €1.7m | ▲ 86.0% |
| Taxes, remuneration and social security45 | - | - | - | €616,086 | €113,937 | ▼ 81.5% |
| Taxes450/3 | - | - | - | €309,490 | - | - |
| Remuneration and social security454/9 | - | - | - | €306,597 | €113,937 | ▼ 62.8% |
| Other amounts payable47/48 | - | - | - | €122,392 | €859,756 | ▲ 602% |
| Accrued charges and deferred income492/3 | - | - | - | €523,310 | €1.5m | ▲ 192% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,064 | -€478 | €278,926 | €1.5m | €1.6m | ▲ 1.2% |
| + Depreciation and write-downs630 | - | - | €1,222 | €3,870 | €2,471 | ▼ 36.1% |
| Operating cash flow (approximation) | -€6,064 | -€478 | €280,148 | €1.5m | €1.6m | ▲ 1.1% |
| Investment in fixed assets (approximation) | - | - | - | -€2.5m | -€2.2m | ▲ 12.6% |
| Change in cash | - | €943 | €293,568 | -€181,195 | -€93,250 | ▲ 48.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial
Highest result since 2019net €1.6m ▲1.2%
Net result €1.6m, the highest in the series.
30-06
Financial
Equity above €2mEq €3.4m ▲87.1%
3 profitable years in a row build equity to €3.4m.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Equity above €1mEq €1.8m ▲744%
2 profitable years in a row build equity to €1.8m.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Back to profitnet €278,926
Net result €278,926 after 2 loss-making years.
30-06
Financial
Equity above €200,000Eq €212,485 ▲3,466%
Equity rises from €5,958 to €212,485.
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Spa · 3 establishment units since 2020
Ground area
7.5 ha
Building footprint
1,577 m²
Volume, LiDAR
7,299 m³
3 parcels, Wallonia · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
3 establishment units
SVASTA
since 20202.299.721.827
SVASTA
since 20202.309.032.342
SVASTA
since 20202.309.032.441
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63068C1163/00G000 | Wallonia | 5.1 ha | 1 · 465 m² | 12.4 m · 2 fl. |
| 63072G0034/00T000 | Wallonia | 2.4 ha | 1 · 724 m² | 6.8 m · 2 fl. |
| 83011B1857/00D000 | Wallonia | 497 m² | 1 · 388 m² | - |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
8 holdingsOwners 0
The accounts to 30-06-2023 list no shareholders, and no other source names one.
Holdings 8
-
10%
-
1%
-
1%
-
1%
-
1%
-
1%
-
1%
-
1%
According to the annual accounts to 30-06-2023 of SVASTA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Company details
Identification
Legal formGeneral partnership
Founded31-08-2017
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID
0208:0680597728
Also
9925:BE0680597728
Registered
24-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.