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SVD TANKING

Active
Private limited company (pre-2019)·Detailhandel in motorbrandstoffen· 30 yrs active
Open bankruptcy
KBO/BCE: BE 0456.201.886
Watch Print / PDF
Age30 yrs
Staff (FTE)1.8
Real estate1 parcel · 5,276 m²

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for SVD TANKING according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €247k and a net result of €-13k.

Based on the State Gazette, CBE and 5 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

2 events
12-09-2025
KBO administration Address struck
Date: 01-09-2025 · Galgenveldstraat 2A Die Sitzadresse Galgenveldstraat 2A 8700 Tielt · Publications in State Gazette ↗
25-10-2024
Bankruptcy Opening
Date: 21-10-2024 · Ondernemingsrechtbank Gent, afdeling Brugge · SVD TANKING BV GALGEN- VELDSTRAAT 2/A, 8700 TIELT · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
Filed after the deadline
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 02-05-2023, 2 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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 30-09. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-09-2022, that is 30-04-2023.
Deadline per financial year
Year closed Due by Filed Variance Reference
30-09-2025 30-04-2026 nothing on record not filed -
30-09-2024 30-04-2025 nothing on record not filed -
30-09-2023 30-04-2024 nothing on record not filed -
30-09-2022 30-04-2023 02-05-2023 2 d late 2023-00076191
30-09-2021 30-04-2022 23-12-2022 237 d late 2022-20545366
30-09-2020 30-04-2021 26-04-2021 4 d early 2021-11100173
30-09-2019 30-04-2020 30-04-2020 on the day 2020-10500069
30-09-2018 30-04-2019 25-04-2019 5 d early 2019-10300520
30-09-2017 30-04-2018 27-04-2018 3 d early 2018-10800382
30-09-2016 30-04-2017 28-04-2017 2 d early 2017-10300391
30-09-2015 30-04-2016 30-03-2016 31 d early 2016-07300367
30-09-2014 30-04-2015 30-03-2015 31 d early 2015-07500585

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

1 event
Address struck

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-13k
Working capital€-19k
Directors1

Annual accounts & ratios

Source: NBB · 2022
Annual accounts filed on 02-05-2023 with the NBB · fiscal year 2022 · verkort
€-100k€0€100k€200k€300kOperating result 2018: €21k€21kNet result 2018: €63k€63kOperating result 2019: €79k€79kNet result 2019: €111k€111kOperating result 2020: €21k€21kNet result 2020: €22k€22kOperating result 2021: €322k€322kNet result 2021: €230k€230kOperating result 2022: €16k€16kNet result 2022: €-13k€-13k20182019202020212022
Operating resultNet result
Sector comparison
Fiscal year 2022 · NACE 47, Retail trade · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 21.3% 23.6%
better than 47% of 904 sector peers
Net result €-13k €26k
better than 21% of 905 sector peers
Equity €247k €147k
better than 62% of 905 sector peers
Gross operating margin €78k €198k
better than 28% of 903 sector peers
Staff costs €29k €138k
higher than 11% of 695 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P47
2020: P18 · n=5362021: P37 · n=6772022: P47 · n=9042020 2022
Improving position over 2020-2022 · n=536-904
Net result P21
2020: P36 · n=5362021: P92 · n=6752022: P21 · n=9052020 2022
Weakening position over 2020-2022 · n=536-905
Equity P62
2020: P18 · n=5362021: P60 · n=6772022: P62 · n=9052020 2022
Improving position over 2020-2022 · n=536-905
Gross operating margin P28
2020: P19 · n=5362021: P73 · n=6752022: P28 · n=9032020 2022
Stable position over 2020-2022 · n=536-903
Describes the position versus peers, not a forecast.
EBITDA
€29k
-91.0% 18-22
Net profit
€-13k
- 18-22
Cash flow
€417
-99.8% 18-22
Total assets
€1.16M
-21.0% 18-22
Equity
€247k
-5.0% 18-22
Working capital
€-19k
- 18-22
Employees (FTE)
2
+800.0% 18-22
Staff costs
€29k
+670.8% 18-22
Income taxes
€0
-100.0% 18-22
Dividends
€100k
- 18-22
Debt
€840k
-26.0% 18-22
Debt ≤ 1y
€840k
-26.0% 18-22
Debt > 1y
€0
-100.0% 18-22
Current ratio
0.98
-23.4% 18-22
Quick ratio
0.79
-25.6% 18-22
Solvency
21.3%
+20.2% 18-22
Debt / equity
3.40
-22.1% 18-22
ROE
-5.3%
- 18-22
ROA
-1.1%
- 18-22
Interest coverage
0.81
-98.1% 18-22
Figures by fiscal year
Fiscal year2022
Depositverkort
Revenue-
EBITDA€29k
Net profit€-13k
Cash flow€417
Staff costs€29k
Income taxes€0
Dividends-
Total assets€1.16M
Equity€247k
Debt€840k
of which ≤ 1y€840k
of which > 1y-
Working capital€-19k
Employees (FTE)1.8
Ratios (computed)
2022
Current ratio0.98
Quick ratio0.79
Working capital ratio-1.6%
Solvency21.3%
Debt / equity3.40
Long-term debt ratio-
Interest coverage0.81
Gross margin-
Net margin-
ROA-1.1%
ROE-5.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€1.16M
Fixed assets 21/28€338k
Intangible fixed assets 21€192k
Tangible fixed assets 22/27€36k
Financial fixed assets 28€110k
Current assets 29/58€821k
Stocks & contracts in progress 3€161k
Amounts receivable within one year 40/41€415k
Cash & bank 54/58€243k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.16M
Equity 10/15€247k
Contributions / capital 10/11€6k
Reserves 13€241k
Provisions & deferred taxes 16€73k
Amounts payable 17/49€840k
Amounts payable within one year 42/48€840k
Trade debts payable within one year 44€654k
Income statement
Gross operating margin 9900€78k
Operating result 9901€16k
Financial income 75€7k
Financial charges 65€36k
Result before taxes 9903€-13k
Income taxes 67/77€0
Net result for the period 9904€-13k
Result to be appropriated 9905€-13k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2022 · computed
0 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

Not yet read from the acts

4 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator ELISA DECOSTERE
ROESELAARSESTRAAT 55 A, 8850 ARDOOIE
 21-10-2024 → present Belgian State Gazette

Legal Structure

NACE primary Detailhandel in motorbrandstoffen(47300)
Legal form Private limited company (pre-2019)(015)
Incorporation18-10-1995
StatusActive
Postal code-
First BS signal 25-10-2024
Latest BS signal 25-10-2024

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
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.

Establishment units

1 location
Establishment
Groothandel in vaste, vloeibare en gasvormige brandstoffen
since 20222.330.286.824
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area5,276 m²
Buildings1
Building footprint2,176 m²
Volume (LiDAR)14,451 m³
Tallest building12.4 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37302E0481/00H000 Flanders 5,276 m² 1 · 2,176 m² 12.4 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

2 events from the State Gazette
12-09-2025
KBO administration Address struck
Date: 01-09-2025 · Galgenveldstraat 2A Die Sitzadresse Galgenveldstraat 2A 8700 Tielt · Publications in State Gazette ↗
25-10-2024
Bankruptcy Opening
Date: 21-10-2024 · Ondernemingsrechtbank Gent, afdeling Brugge · SVD TANKING BV GALGEN- VELDSTRAAT 2/A, 8700 TIELT · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-10-25 · Bankruptcy · Opening2025-09-12 · KBO administration · Address struck
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health0Profitability0Solvency31Growth52Stability0
17 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 0
Solvency 31
Growth 52
Stability 0

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 160 of the 1,267 companies in this sector. 111 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Detailhandel in motorbrandstoffen in gespecialiseerde winkels47300Detailhandel in motorbrandstoffen47300Detailhandel in motorbrandstoffen50500
Primary activity highlighted.
Names & trade names
Legal nameNL SVD TANKING
Registration history
  1. 01-09-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.