SVB CONSTRUCT
ActiveSummary
SVB CONSTRUCT has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,101 and a net result of €4,570, of which €4,133 non-recurring income. Equity has been growing by about 7.4% per year since 2018. Its solvency ranks better than 17% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 12-11-2007 Normal situation
- Activity
- Demolition NACE 43110and 5 others
- Establishment unit
- 2.168.771.530 1390 Grez-Doiceau, since 12-11-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 17-11-2025
Board and ownership
Board
- VANBAELEN SébastienDirector · since 18-11-2008
- GONDRY BERENICEDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
Annual accounts 2025
- Gross margin
- €24,794
- ▼ 33.5%
- Turnover
- ≈ €240,000
- estimated
- Profit
- €4,570
- ▼ 75.1%
- Equity
- €30,101
- ▲ 17.9%
- Total assets
- €218,938
- ▲ 385%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Equity €30,101 (13.7% of total assets)lowers riskFounded in 2007Size: total assets €218,938Show the evidence
Checked score
Score 2025
80
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 38% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency
39-43
equity 13.7% of total assets
Liquidity
48-14
short-term debt 22.1% · cash 4.2%
Profitability
63-37
return on assets 2.1%
Bankruptcy probability within 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025highest value
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 0.2%▼ -0.6 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025lowest value
02-2026: 0.2%● unchanged vs 01-2026lowest value
03-2026: 0.2%● unchanged vs 02-2026lowest value
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.6%▲ +0.4 percentage points vs 06-2026
08-2026: 0.6%● unchanged vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.5 (1.84 in 2024), below 1. Short-term debt is 22.1% and cash 4.2% of total assets. 86.3% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 17% of them on solvency, 39% on liquidity, 30% on profitability and 65% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 34946 sector peers (2025).
NBB · sector comparisonPosition among 34946 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 days early
2024
38 days early
2023
55 days early
2022
53 days early
2021
27 days early
2020
38 days early
2019
51 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 46 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 04-06-2026 PDF all 18 filings
Turnover
€315,588▼ 14.9%
2021 · €370,805
EBIT margin
-6.1%▼ 13.8pp
2021 · 7.7%
Net result
€4,570▼ 75.1%
2024 · €18,385
Working capital
-€24,230
2024 · €15,147
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 44% lower than in 2024.
Turnover€315,588
2022
Operating result€12,727
2025
Net result€4,570
2025
Total assets€218,938
2025
Equity€30,101
2025
Debt€187,979
2025
Working capital-€24,230
2025
EBIT margin-6.1%
2022
Return on assets (ROA)2.1%
2025
Solvency13.7%
2025
Current ratio0.50
2025
Staff (FTE)1
2022
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€281,879-€260,942▼ 7.4%€292,209▲ 12.0%€370,805▲ 26.9%€315,588▼ 14.9%
Operating result€2,731-€15,237▲ 458%€10,496▼ 31.1%€28,505▲ 172%-€19,245-€8,443▲ 56.1%€22,671€12,727▼ 43.9%
Net result€171-€10,284▲ 60×€6,946within the sector's middle half▼ 32.5%€19,879within the sector's middle half▲ 186%-€20,174below the sector's middle half-€9,203below the sector's middle half▲ 54.4%€18,385within the sector's middle half€4,570within the sector's middle half▼ 75.1%
EBIT margin1.0%-5.8%▲ 4.9pp3.6%▼ 2.2pp7.7%▲ 4.1pp-6.1%▼ 13.8pp
Equity€7,986-€18,270▲ 129%€25,216below the sector's middle half▲ 38.0%€45,095within the sector's middle half▲ 78.8%€24,921within the sector's middle half▼ 44.7%€15,717below the sector's middle half▼ 36.9%€25,531within the sector's middle half▲ 62.4%€30,101within the sector's middle half▲ 17.9%
Total assets€31,652-€29,563▼ 6.6%€65,227below the sector's middle half▲ 121%€94,638within the sector's middle half▲ 45.1%€64,170below the sector's middle half▼ 32.2%€46,714below the sector's middle half▼ 27.2%€45,098below the sector's middle half▼ 3.5%€218,938within the sector's middle half▲ 385%
Debt€23,666-€10,466▼ 55.8%€39,349▲ 276%€47,978▲ 21.9%€38,105▼ 20.6%€30,274▼ 20.6%€19,265▼ 36.4%€187,979▲ 876%
Working capital€4,324-€16,185▲ 274%€17,634within the sector's middle half▲ 8.9%€18,701within the sector's middle half▲ 6.1%€5,042within the sector's middle half▼ 73.0%-€776below the sector's middle half€15,147within the sector's middle half-€24,230below the sector's middle half
Solvency25.2%-61.8%▲ 36.6pp38.7%within the sector's middle half▼ 23.1pp47.7%within the sector's middle half▲ 9.0pp38.8%within the sector's middle half▼ 8.8pp33.6%within the sector's middle half▼ 5.2pp56.6%within the sector's middle half▲ 23.0pp13.7%below the sector's middle half▼ 42.9pp
Current ratio1.18-2.55▲ 1.371.70within the sector's middle half▼ 0.851.86within the sector's middle half▲ 0.151.23within the sector's middle half▼ 0.630.97below the sector's middle half▼ 0.261.84within the sector's middle half▲ 0.870.50below the sector's middle half▼ 1.34
Return on assets (ROA)0.5%-34.8%▲ 34.2pp10.6%within the sector's middle half▼ 24.1pp21.0%above the sector's middle half▲ 10.4pp-31.4%below the sector's middle half▼ 52.4pp-19.7%below the sector's middle half▲ 11.7pp40.8%above the sector's middle half▲ 60.5pp2.1%within the sector's middle half▼ 38.7pp
Staff (FTE)1.5-1▼ 33.3%1below the sector's middle half=1.4▲ 40.0%1▼ 28.6%
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €218,938
Fixed assets
€194,826 ▲ 16×
Current assets
€24,113 ▼ 27.3%
Equity and liabilities €218,938
Equity
€30,101 ▲ 17.9%
Provisions
€858 ▲ 184%
Debt
€187,979 ▲ 876%
Debt's share of the balance-sheet total rises from 42.7% to 85.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23,039▼
2024 · €35,776
Cash flow
€14,881▼
2024 · €31,490
Debt to equity
6.24▲
2024 · 0.75
ROE
15.2%▼
2024 · 72.0%
Interest coverage
5.01▼
2024 · 38.16
Debt ≤ 1 year
€48,343▲
2024 · €18,019
Debt > 1 year
€139,637▲
2024 · €1,246
Income taxes
€3,027▼
2024 · €3,770
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | 1 | - | 0 |
| full-time | 1 | - | 0 |
| part-time | - | - | 0 |
| in full-time equivalents | 1 | - | - |
| Average over the year, in full-time equivalents | 1.4 | 1 | - |
| On a permanent contract | 1 | - | - |
| Joined | 1 | 0 | - |
| Left | 1 | 1 | - |
Source: social balance sheet in the 2021 to 2023 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €44,220 | - | - | €1,249 | €194,370 |
| Depreciation and write-downs of the year | €12,462 | €13,641 | €13,328 | €13,105 | €10,311 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €281,879 | €260,942 | €292,209 | €370,805 | €315,588 | - | - | - | - |
| Non-recurring operating income76A | - | - | - | - | - | - | - | €4,133 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €306,976 | €321,125 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €41,013 | €1,641 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,510 | €1,119 | €6,709 | €12,462 | €13,641 | €13,328 | €13,105 | €10,311 | ▼ 21.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €2,000 | - | - | - |
| Other operating charges640/8 | - | - | - | €4,025 | €2,033 | €1,285 | €1,486 | €1,755 | ▲ 18.1% |
| Non-recurring operating charges66A | - | - | - | - | €1,245 | - | - | - | - |
| Gross operating margin9900 | €80,171 | €66,766 | €65,716 | €86,004 | -€685 | €8,171 | €37,262 | €24,794 | ▼ 33.5% |
| Operating profit (loss)9901 | €2,731 | €15,237 | €10,496 | €28,505 | -€19,245 | -€8,443 | €22,671 | €12,727 | ▼ 43.9% |
| Financial income75/76B | - | - | - | €184 | €38 | €1 | €1 | €24 | ▲ 30× |
| Recurring financial income75 | €8 | €11 | €1 | €184 | €38 | €1 | €1 | €24 | ▲ 30× |
| Financial charges65/66B | - | - | - | €1,503 | €1,182 | €965 | €937 | €4,598 | ▲ 391% |
| Recurring financial charges65 | €822 | €652 | €1,002 | €1,503 | €1,182 | €965 | €937 | €4,598 | ▲ 391% |
| Profit (loss) for the period before taxes9903 | €1,917 | €14,596 | €9,494 | €27,186 | -€20,390 | -€9,406 | €21,734 | €8,153 | ▼ 62.5% |
| Transfer from deferred taxes780 | - | - | - | €374 | €421 | €421 | €421 | €271 | ▼ 35.7% |
| Transfer to deferred taxes680 | - | - | - | €1,277 | - | - | - | €827 | - |
| Income taxes67/77 | €1,747 | €3,485 | €2,713 | €6,403 | €206 | €218 | €3,770 | €3,027 | ▼ 19.7% |
| Profit (loss) for the period9904 | €171 | €10,284 | €6,946 | €19,879 | -€20,174 | -€9,203 | €18,385 | €4,570 | ▼ 75.1% |
| Transfer from tax-exempt reserves789 | - | - | - | €1,495 | €1,683 | €1,683 | €1,683 | €1,082 | ▼ 35.7% |
| Transfer to tax-exempt reserves689 | - | - | - | €5,110 | - | - | - | €3,306 | - |
| Profit (loss) for the period to be appropriated9905 | €171 | €6,978 | €7,607 | €16,265 | -€18,491 | -€7,520 | €20,068 | €2,346 | ▼ 88.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €31,652 | €29,563 | €65,227 | €94,638 | €64,170 | €46,714 | €45,098 | €218,938 | ▲ 385% |
| Fixed assets21/28 | €3,663 | €2,943 | €22,444 | €54,068 | €37,116 | €23,788 | €11,932 | €194,826 | ▲ 16× |
| Tangible fixed assets22/27 | €2,638 | €1,918 | €21,419 | €53,043 | €36,091 | €22,763 | €10,907 | €194,801 | ▲ 18× |
| Land and buildings22 | - | - | - | - | - | - | - | €167,224 | - |
| Plant, machinery and equipment23 | - | - | - | €3,080 | €2,167 | €1,567 | €2,101 | €1,084 | ▼ 48.4% |
| Furniture and vehicles24 | - | - | - | €49,963 | €33,924 | €21,196 | €8,805 | €26,492 | ▲ 201% |
| Financial fixed assets28 | €1,025 | €1,025 | €1,025 | €1,025 | €1,025 | €1,025 | €1,025 | €25 | ▼ 97.6% |
| Current assets29/58 | €27,989 | €26,619 | €42,783 | €40,569 | €27,054 | €22,927 | €33,166 | €24,113 | ▼ 27.3% |
| Stocks and contracts in progress3 | - | - | - | - | €707 | - | - | - | - |
| Stocks30/36 | - | - | - | - | €707 | - | - | - | - |
| Amounts receivable within one year40/41 | €24,407 | €14,419 | €29,521 | €23,921 | €8,102 | €16,638 | €20,482 | €13,133 | ▼ 35.9% |
| Trade receivables40 | - | - | - | €7,876 | €4,569 | €9,760 | €4,810 | €4,154 | ▼ 13.6% |
| Other amounts receivable41 | - | - | - | €16,046 | €3,533 | €6,878 | €15,673 | €8,979 | ▼ 42.7% |
| Cash at bank and in hand54/58 | €335 | €8,971 | €10,555 | €13,009 | €16,433 | €3,924 | €11,196 | €9,285 | ▼ 17.1% |
| Deferred charges and accrued income490/1 | - | - | - | €3,639 | €1,812 | €2,365 | €1,487 | €1,695 | ▲ 14.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €31,652 | €29,563 | €65,227 | €94,638 | €64,170 | €46,714 | €45,098 | €218,938 | ▲ 385% |
| Equity10/15 | €7,986 | €18,270 | €25,216 | €45,095 | €24,921 | €15,717 | €25,531 | €30,101 | ▲ 17.9% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €946 | €5,166 | €4,505 | €18,119 | €16,436 | €14,753 | €13,069 | €15,293 | ▲ 17.0% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €6,259 | €4,576 | €2,893 | €1,209 | €3,433 | ▲ 184% |
| Distributable reserves133 | - | - | - | €10,000 | €10,000 | €11,860 | €11,860 | €11,860 | = |
| Profit (loss) carried forward14 | €840 | €6,904 | €14,511 | €20,777 | €2,285 | -€5,235 | €6,261 | €8,607 | ▲ 37.5% |
| Provisions and deferred taxes16 | - | €826 | €661 | €1,565 | €1,144 | €723 | €302 | €858 | ▲ 184% |
| Deferred taxes168 | - | - | - | €1,565 | €1,144 | €723 | €302 | €858 | ▲ 184% |
| Amounts payable17/49 | €23,666 | €10,466 | €39,349 | €47,978 | €38,105 | €30,274 | €19,265 | €187,979 | ▲ 876% |
| Amounts payable after more than one year17 | - | - | €14,183 | €25,470 | €16,094 | €6,572 | €1,246 | €139,637 | ▲ 112× |
| Financial debts170/4 | - | - | - | €25,470 | €16,094 | €6,572 | €1,246 | €139,637 | ▲ 112× |
| Amounts payable within one year42/48 | €23,666 | €10,434 | €25,150 | €21,869 | €22,011 | €23,702 | €18,019 | €48,343 | ▲ 168% |
| Current portion of amounts payable after more than one year42 | - | - | - | €9,233 | €9,377 | €9,522 | €4,934 | €13,483 | ▲ 173% |
| Trade debts44 | €8,723 | €4,686 | €6,379 | €1,858 | €382 | €12,764 | €710 | €48 | ▼ 93.3% |
| Suppliers440/4 | - | - | - | €1,858 | €382 | €12,764 | €710 | €48 | ▼ 93.3% |
| Advances received on contracts in progress46 | - | - | - | - | €3,800 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €10,744 | €8,419 | €1,383 | €6,342 | €7,962 | ▲ 25.5% |
| Taxes450/3 | - | - | - | €10,686 | €8,419 | €1,383 | €6,342 | €7,962 | ▲ 25.5% |
| Remuneration and social security454/9 | - | - | - | €57 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €33 | €33 | €33 | €6,033 | €26,849 | ▲ 345% |
| Accrued charges and deferred income492/3 | - | - | - | €639 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €171 | €10,284 | €6,946 | €19,879 | -€20,174 | -€9,203 | €18,385 | €4,570 | ▼ 75.1% |
| + Depreciation and write-downs630 | €7,510 | €1,119 | €6,709 | €12,462 | €13,641 | €13,328 | €13,105 | €10,311 | ▼ 21.3% |
| Operating cash flow (approximation) | €7,680 | €11,403 | €13,655 | €32,341 | -€6,534 | €4,125 | €31,490 | €14,881 | ▼ 52.7% |
| Investment in fixed assets (approximation) | - | -€400 | -€26,209 | -€44,087 | €3,311 | €0 | -€1,249 | -€193,205 | ▼ 15,369% |
| Change in cash | - | €8,636 | €1,584 | €2,453 | €3,424 | -€12,509 | €7,273 | -€1,912 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 4,508 companies had the same profile as SVB CONSTRUCT has now. Two years later, 1.4% had gone bankrupt and 96.9% were still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.4%
went bankrupt
1.6%
stopped otherwise
96.9%
was still going
That fits the bankruptcy probability of SVB CONSTRUCT itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 4,508 companies, not a prediction for SVB CONSTRUCT. 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.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 04-06-2026 | 2026-00147176 | |
| 31-12-2024 | micro format | 23-06-2025 | 2025-00176189 | |
| 31-12-2023 | micro format | 06-06-2024 | 2024-00115202 | |
| 31-12-2022 | micro format | 08-06-2023 | 2023-00120643 | |
| 31-12-2021 | micro format | 04-07-2022 | 2022-20151148 | |
| 31-12-2020 | full format | 23-06-2021 | 2021-23700153 | |
| 31-12-2019 | full format | 10-06-2020 | 2020-15800579 | |
| 31-12-2018 | full format | 01-07-2019 | 2019-26200053 | |
| 31-12-2017 | full format | 15-06-2018 | 2018-18900087 | |
| 31-12-2016 | full format | 09-06-2017 | 2017-16300004 |
Board & ownership
Directors
Directors
2 directors, no change since 2023
VANBAELEN Sébastien
Current
Director (not named in the articles) · since 18-11-2008 · earlier manager, until 18-12-2023 · term without a fixed end · listed in the 2024 annual accounts, filed on 23-06-2025
GONDRY BERENICE
Current
Director · listed in the 2024 annual accounts, filed on 23-06-2025
Owners and capital
Capital transactions
Capital over time
- 18-12-2023 Converted to unavailable equity
Mandate history
2 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| VANBAELEN Sébastien |
|
| GONDRY BERENICE |
|
Articles of association
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “5, droit égal répartition bénéfices et produits liquidation”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Courrier électronique,ou courrier ordinaire pour personnes sans adresse électronique,envoyé même jour que communications électroniques, 7”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “4, décision assemblée générale délibérant comme en matière modification statuts”
Articles of association, deed of 18-12-2023 (in French)
Network & group
SVB CONSTRUCT shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of SVB CONSTRUCT. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
04-06
micro format · 57 days before the deadline
2025
23-06
micro format · 38 days before the deadline
2024
31-12
Financial
Back to profitnet €18,385
The net result is €18,385, after 2 loss-making years.
06-06
micro format · 55 days before the deadline
2023
18-12
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsResignation: VANBAELEN Sébastien (manager) · Reappointment: VANBAELEN Sébastien (director) · Incorporation14 points ▸
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments
Resignation: VANBAELEN Sébastien (manager) · Reappointment: VANBAELEN Sébastien (director) · Incorporation14 points ▸
- General meeting, 11-12-2023
- Incorporation, 12-11-2007
- Other provision, “absence modification statuts depuis constitution” (deed in French)
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “rendu disponible pour distribution”, 8060 (deed in French)
- Other provision, “non-libération apports non appelés, ne devra pas être libérée” (deed in French)
- Other provision, “double test solvabilité et liquidité pour distribution, déterminer si patrimoine peut être distribué” (deed in French)
- Registered office clause, “sortir adresse exacte siège des statuts pour ne mentionner que Région” (deed in French)
- Amendment of the articles, mentioned 2 times in the deed
- Director resignation, VANBAELEN Sébastien (manager)
- Director reappointment, VANBAELEN Sébastien (director (not named in the articles))
- The act holds 2 more points.
08-06
micro format · 53 days before the deadline
2022
31-12
Financial
Weakest financial yearnet -€20,174
The net result drops to -€20,174, the lowest from 2018 to 2025. It recovers the following year.
04-07
micro format · 27 days before the deadline
2021
31-12
Financial
Highest result from 2018 to 2025net €19,879 ▲186%
The operating result of €28,505 and the net result of €19,879 are both a record.
23-06
full format · 38 days before the deadline
2020
10-06
full format · 51 days before the deadline
2019
31-12
Financial
Liquidity more than doubledcurrent ratio 2.55
The current ratio rises from 1.18 to 2.55. Short-term debt falls from €23,666 to €10,434.
Show earlier events
01-07
full format · 30 days before the deadline
2018
15-06
full format · 46 days before the deadline
2017
09-06
full format · 52 days before the deadline
2007
23-11
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
SVB CONSTRUCT in French
Enterprise number
0893.423.943
Legal form
Private limited company
Status
Active, normale toestand
Founded
12-11-2007
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 18-12-2023 (in French)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région wallonne, 2”
deed of 18-12-2023 (in French)Registered office and establishments
Registered office
Rue Joseph Maisin 2, 1390 Grez-Doiceau, Belgium
Establishment unit
SVB CONSTRUCT, Rue Joseph Maisin 2, 1390 Grez-Doiceau since 12-11-2007 · unit number 2.168.771.530
Activities
NACEBEL 202543110
Demolition main activity
41001
General construction of residential buildings
43230
Insulation installation
43310
Plastering work
43320
Joinery installation
43332
Laying of wooden floor and wall coverings
Codes under NACEBEL 2008
43110
Demolition main activity
41201
General construction of buildings
43291
Specialised construction activities
43310
Plastering work
43320
Joinery installation
43332
Laying of wooden floor and wall coverings
Codes under NACEBEL 2003
45111
main activity
45211
45320
45410
45421
45432
Invoicing and payment
VAT number
BE 0893.423.943
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0893.423.943
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
669 m²
Building footprint
73 m²
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25070C0209/00M000 | Wallonia | 669 m² | 1 · 73 m² | - |