SVDS
ActiveSVDS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €250k and a net result of €29k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 37% of 1221 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
94
/ 100
Excellent▲ +49 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability57▲+57
Solvency77▼-3
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 1.88 against 2.2 in 2023), but 63.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 25
Relative position
BE, all sectors
reference
Sector 25
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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
36 d early
2022
31 d early
2021
34 d early
2020
39 d early
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€250k▲ 12.9%
2023 · €222k
2018: €173k
2019: €201k
2020: €230k
2021: €254k
2022: €301k
2023: €222k
2018 → 2024
Total assets
€684k▲ 15.2%
2023 · €594k
2018: €347k
2019: €429k
2020: €483k
2021: €584k
2022: €765k
2023: €594k
2018 → 2024
Net result
€29k
2023 · €-79k
2018: €4k
2019: €28k
2020: €29k
2021: €24k
2022: €47k
2023: €-79k
2018 → 2024
Working capital
€168k▼ 25.2%
2023 · €224k
2018: €142k
2019: €175k
2020: €147k
2021: €283k
2022: €296k
2023: €224k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€230k-€254k▲ 10.4%€301k▲ 18.5%€222k▼ 26.3%€250k▲ 12.9%
Operating result€36k-€28k▼ 22.0%€73k▲ 157%€-76k€35k
Net result€29k-€24k▼ 17.6%€47k▲ 96.1%€-79k€29k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €35k after a loss of €76k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €684k
Fixed assets
€326k▲ 78.6%
Current assets
€359k▼ 12.9%
Equity and liabilities €684k
Equity
€250k▲ 12.9%
Debt
€434k▲ 16.6%
The debt ratio rises from 62.7% to 63.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€81k▲
2023 · €-47k
Cash flow
€74k▲
2023 · €-50k
Solvency
36.5%▼
2023 · 37.3%
Current ratio
1.88▼
2023 · 2.20
Quick ratio
1.71▼
2023 · 2.02
Debt / equity
1.74▲
2023 · 1.68
ROE
11.4%▲
2023 · -35.7%
ROA
4.2%▲
2023 · -13.3%
Interest coverage
9.31▲
2023 · -8.05
Debt
€434k▲
2023 · €373k
Debt ≤ 1 year
€191k▲
2023 · €188k
Debt > 1 year
€242k▲
2023 · €185k
Staff costs
€421▼
2023 · €1k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€594k€684k▲
Fixed assets21/28€182k€326k▲
Intangible fixed assets21€9k€7k▼
Tangible fixed assets22/27€173k€319k▲
Plant, machinery and equipment23€63k€47k▼
Furniture and vehicles24€7k€182k▲
Other tangible fixed assets26€104k€91k▼
Current assets29/58€412k€359k▼
Stocks and contracts in progress3€33k€32k▼
Stocks30/36€25k€32k▲
Contracts in progress37€8k-
Amounts receivable within one year40/41€72k€151k▲
Trade receivables40€72k€126k▲
Other amounts receivable41-€26k
Cash at bank and in hand54/58€217k€90k▼
Deferred charges and accrued income490/1€90k€85k▼
Equity and liabilities
Total equity and liabilities10/49€594k€684k▲
Equity10/15€222k€250k▲
Contributions10/11€66k€66k=
Reserves13€184k€184k=
Distributable reserves133€184k€184k=
Profit (loss) carried forward14€-28k€235▲
Amounts payable17/49€373k€434k▲
Amounts payable after more than one year17€185k€242k▲
Financial debts170/4€185k€242k▲
Amounts payable within one year42/48€188k€191k▲
Current portion of amounts payable after more than one year42€99k€31k▼
Financial debts43-€74k
Credit institutions430/8-€74k
Trade debts44€61k€85k▲
Suppliers440/4€61k€85k▲
Taxes, remuneration and social security45€7k-
Taxes450/3€7k-
Other amounts payable47/48€20k€570▼
Accrued charges and deferred income492/3€133€1k▲
Income statement
Code20232024
Non-recurring operating income76A€8k€5k▼
Remuneration, social security and pensions62€1k€421▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€46k▲
Other operating charges640/8€5k€5k▲
Non-recurring operating charges66A€237-
Gross operating margin9900€-40k€87k▲
Operating profit (loss)9901€-76k€35k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€6k€9k▲
Recurring financial charges65€6k€9k▲
Profit (loss) for the period before taxes9903€-80k€29k▲
Income taxes67/77€-1k-
Profit (loss) for the period9904€-79k€29k▲
Profit (loss) for the period to be appropriated9905€-79k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-78k€235▲
Profit (loss) brought forward from the previous period14P€774€-28k▼
Transfer from equity791/2€50k-
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-79k ▼269%
Net result drops to €-79k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €47k ▲96.1%
Operating result €73k, net result €47k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €201k ▲16%
2 profitable years in a row build equity to €201k.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Pelt · 1 establishment unit since 2008
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.
Haltstraat 843900 PeltGround area
2,367 m²
Building footprint
1,100 m²
Volume, LiDAR
7,027 m³
Parcel 72502E0102/00F136, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SVDS
since 20082.168.578.322
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72502E0102/00F136 | Flanders | 2,367 m² | 1 · 1,100 m² | 8.6 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
DECODA
BE 0421.985.731
Londerzeel · Eq €250k
VLADO CONSTRUCT
BE 0456.966.406
Aalter · Eq €249k
Verbeeren Metaalwerken
BE 0446.158.428
Roosdaal · Eq €249k
BRIFFEUIL
BE 0421.263.476
Braine-l'Alleud · Eq €249k
DK MONTAGE
BE 0749.454.266
Beringen · Eq €248k
Of 3,448 companies in sector 25530 we hold annual accounts for 1,645. 1,331 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-01-2008
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
23610Manufacture of other non-metallic mineral products
23630Manufacture of other non-metallic mineral products
43320Joinery installation
43341Painting of buildings
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.