SVDN
ActiveSVDN has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63k and a net result of €2k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 33% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70=
Solvency57=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.45 in 2024; short-term debt: 68.5% and cash: 0% of total assets), and 68.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 17-12-2025, 47 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.
NBB · 10 filingsDeviation from the deadline
2025
47 d late
2024
39 d late
2023
94 d late
2022
24 d late
2021
94 d late
2020
30 d late
2019
15 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€63k▲ 3.8%
2024 · €61k
2019: €15k
2020: €26k
2021: €31k
2022: €55k
2023: €58k
2024: €61k
2019 → 2025
Total assets
€201k▲ 6.2%
2024 · €189k
2019: €54k
2020: €127k
2021: €101k
2022: €219k
2023: €234k
2024: €189k
2019 → 2025
Net result
€2k▼ 8.5%
2024 · €3k
2019: €5k
2020: €11k
2021: €5k
2022: €24k
2023: €4k
2024: €3k
2019 → 2025
Working capital
€45k▼ 13.8%
2024 · €52k
2019: €15k
2020: €26k
2021: €68k
2022: €67k
2023: €46k
2024: €52k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€55k▲ 76.9%€58k▲ 6.4%€61k▲ 4.3%€63k▲ 3.8%
Operating result€8k-€32k▲ 301%€6k▼ 81.6%€5k▼ 13.9%€3k▼ 40.5%
Net result€5k-€24k▲ 372%€4k▼ 85.3%€3k▼ 28.2%€2k▼ 8.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 40% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €201k
Fixed assets
€19k▼ 18.2%
Current assets
€182k▲ 9.6%
Equity and liabilities €201k
Equity
€63k▲ 3.8%
Debt
€137k▲ 7.4%
The debt ratio rises from 67.7% to 68.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7k▼
2024 · €10k
Cash flow
€6k▼
2024 · €7k
Solvency
31.5%▼
2024 · 32.3%
Current ratio
1.33▼
2024 · 1.45
Quick ratio
1.33▼
2024 · 1.45
Debt / equity
2.17▲
2024 · 2.10
ROE
3.6%▼
2024 · 4.1%
ROA
1.1%▼
2024 · 1.3%
Interest coverage
14.80▲
2024 · 13.71
Debt
€137k▲
2024 · €128k
Debt ≤ 1 year
€137k▲
2024 · €114k
Income taxes
€1k▼
2024 · €2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€189k€201k▲
Fixed assets21/28€23k€19k▼
Tangible fixed assets22/27€23k€19k▼
Furniture and vehicles24€23k€19k▼
Current assets29/58€166k€182k▲
Amounts receivable within one year40/41€166k€181k▲
Trade receivables40€37k€23k▼
Other amounts receivable41€128k€159k▲
Cash at bank and in hand54/58€117€23▼
Deferred charges and accrued income490/1€168€655▲
Equity and liabilities
Total equity and liabilities10/49€189k€201k▲
Equity10/15€61k€63k▲
Contributions10/11€6k€6k=
Capital10€6k-
Issued capital100€19k-
Uncalled capital101€12k-
Outside capital11-€6k
Other1109/19-€6k
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€53k€55k▲
Amounts payable17/49€128k€137k▲
Amounts payable after more than one year17€14k-
Financial debts170/4€14k-
Amounts payable within one year42/48€114k€137k▲
Financial debts43€2k€6k▲
Credit institutions430/8€2k€6k▲
Trade debts44€99k€3k▼
Suppliers440/4€99k€3k▼
Taxes, remuneration and social security45€13k€11k▼
Taxes450/3€13k€11k▼
Other amounts payable47/48-€116k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€11k€8k▼
Operating profit (loss)9901€5k€3k▼
Financial income75/76B€105€1k▲
Recurring financial income75€105€1k▲
Financial charges65/66B€724€483▼
Recurring financial charges65€724€483▼
Profit (loss) for the period before taxes9903€4k€4k▼
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€3k€2k▼
Profit (loss) for the period to be appropriated9905€3k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€55k▲
Profit (loss) brought forward from the previous period14P€50k€53k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
17-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 47 days late
31-03
Financial
Weakest financial yearnet €2k ▼8.5%
Net result drops to €2k, the lowest in the series.
2024
09-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 39 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 94 days late
2022
24-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
31-03
Financial
Highest result since 2019net €24k ▲372%
Operating result €32k, net result €24k, both a record.
02-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 94 days late
2021
31-03
Financial
Liquidity triplescurrent ratio 3.19
Current ratio from 1.26 to 3.19; short-term debt falls from €101k to €31k.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2019
15-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 15 days late
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
04-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Antwerpen · 1 establishment unit since 2005
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.
Frans Birontlaan 202600 AntwerpenGround area
817 m²
Building footprint
270 m²
Volume, LiDAR
2,660 m³
Parcel 11003A0237/00V002, Flanders · tallest building 25.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GEPOL
since 20052.147.049.765
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003A0237/00V002 | Flanders | 817 m² | 1 · 270 m² | 25.5 m · 2 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.
Similar companies · same sector, comparable size
Les Compagnons Renov
BE 0695.771.595
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Modubuild Belgium
BE 0728.504.444
Machelen (Brab.) · Eq €63k
Roya Zon
BE 0742.511.244
Antwerpen · Eq €63k
DELKO
BE 0631.818.606
Schoten · Eq €63k
C.S ALLFORMA
BE 0829.772.246
Ukkel · Eq €63k
Of 7,294 companies in sector 43350 we hold annual accounts for 2,361. 2,002 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-02-2005
Fiscal year end31-03
Activities, NACEBEL
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.