Svend Construct
ActiveSummary
Svend Construct has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109,800 and a net result of €14,553. Equity has been growing by about 32% per year since 2020. Its solvency ranks better than 69% of 11,771 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 17-05-2005 Normal situation
- Activity
- Other technical testing and analysis NACE 71209and 2 others
- Establishment unit
- 2.177.036.029 3520 Zonhoven, since 24-03-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €23,489
- ▲ 8.7%
- Turnover
- ≈ €120,000
- estimated
- Profit
- €14,553
- ▼ 5.5%
- Equity
- €109,800
- ▲ 15.3%
- Total assets
- €154,436
- ▲ 1.7%
- 2025 accounts filed 39 days after the deadline
Score breakdownraises riskLast filed accounts filed 39 days late; 2 of the last 3 accounts latelowers riskLiquidity: current ratio 11.37, cash €111,028Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Equity €109,800 (71.1% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 71, micro). It does better than 70% of them on solvency, 97% on liquidity, 49% on profitability and 63% on growth.
The bankruptcy probability was computed on 02-11-2026 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 24 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 39 days after the deadline Filed on 8 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00507512.
Annual accounts 2025 filed on 08-09-2026 at the NBB all 17 filings
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result for 2025 is 2% lower than in 2024. It is the second fall in a row.
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.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). 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 and return on assets (ROA).
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €4,012 | €28,027 |
| Depreciation and write-downs of the year | €4,128 | €3,715 | - | €54 | €2,306 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,408 | €4,128 | €3,715 | - | €54 | €2,306 | ▲ 42× |
| Other operating charges640/8 | - | - | €308 | - | €545 | €517 | ▼ 5.1% |
| Non-recurring operating charges66A | - | - | - | €6,420 | - | - | - |
| Gross operating margin9900 | €4,129 | €616 | €2,211 | €89,190 | €21,601 | €23,489 | ▲ 8.7% |
| Operating profit (loss)9901 | -€608 | -€3,512 | -€1,812 | €82,770 | €21,002 | €20,666 | ▼ 1.6% |
| Financial income75/76B | - | - | - | €0 | €35 | €141 | ▲ 304% |
| Recurring financial income75 | - | - | - | €0 | €35 | €141 | ▲ 304% |
| Financial charges65/66B | - | €4 | €407 | €1,112 | €616 | €602 | ▼ 2.3% |
| Recurring financial charges65 | €460 | €4 | €407 | €1,112 | €616 | €602 | ▼ 2.3% |
| Profit (loss) for the period before taxes9903 | -€1,068 | -€3,516 | -€2,219 | €81,658 | €20,421 | €20,206 | ▼ 1.1% |
| Income taxes67/77 | €4,013 | - | €777 | €21,869 | €5,026 | €5,653 | ▲ 12.5% |
| Profit (loss) for the period9904 | -€5,081 | -€3,516 | -€2,996 | €59,789 | €15,394 | €14,553 | ▼ 5.5% |
| Transfer from tax-exempt reserves789 | - | €15,191 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€5,081 | €11,675 | -€2,996 | €59,789 | €15,394 | €14,553 | ▼ 5.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €27,433 | €23,512 | €20,461 | €111,225 | €151,877 | €154,436 | ▲ 1.7% |
| Fixed assets21/28 | €14,263 | €10,135 | €6,419 | - | €3,958 | €29,679 | ▲ 650% |
| Tangible fixed assets22/27 | €14,263 | €10,135 | €6,419 | - | €3,958 | €29,679 | ▲ 650% |
| Land and buildings22 | - | €9,843 | €6,364 | - | - | €5,522 | - |
| Plant, machinery and equipment23 | - | - | - | - | €3,958 | €14,592 | ▲ 269% |
| Furniture and vehicles24 | - | €292 | €55 | - | - | €9,566 | - |
| Current assets29/58 | €13,170 | €13,377 | €14,042 | €111,225 | €147,919 | €124,757 | ▼ 15.7% |
| Stocks and contracts in progress3 | - | - | - | €3,572 | €5,038 | €2,887 | ▼ 42.7% |
| Stocks30/36 | - | - | - | €3,572 | €5,038 | €2,887 | ▼ 42.7% |
| Amounts receivable within one year40/41 | €8,994 | €9,484 | €9,890 | €79,650 | €56,111 | €10,246 | ▼ 81.7% |
| Trade receivables40 | - | - | €1,016 | €79,650 | €52,573 | €926 | ▼ 98.2% |
| Other amounts receivable41 | - | €9,484 | €8,874 | - | €3,537 | €9,320 | ▲ 163% |
| Cash at bank and in hand54/58 | €4,176 | €3,893 | €4,152 | €28,003 | €86,198 | €111,028 | ▲ 28.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | €573 | €596 | ▲ 4.1% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €27,433 | €23,512 | €20,461 | €111,225 | €151,877 | €154,436 | ▲ 1.7% |
| Equity10/15 | €26,575 | €23,059 | €20,063 | €79,853 | €95,247 | €109,800 | ▲ 15.3% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €25,850 | €10,659 | €7,663 | €67,453 | €82,847 | €97,400 | ▲ 17.6% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €8,799 | €5,803 | €65,593 | €80,987 | €95,540 | ▲ 18.0% |
| Profit (loss) carried forward14 | -€11,675 | - | - | - | - | - | - |
| Amounts payable17/49 | €858 | €453 | €398 | €31,372 | €56,630 | €44,636 | ▼ 21.2% |
| Amounts payable after more than one year17 | - | - | - | €347 | €6,243 | €33,665 | ▲ 439% |
| Other amounts payable178/9 | - | - | - | €347 | €6,243 | €33,665 | ▲ 439% |
| Amounts payable within one year42/48 | €858 | €453 | €398 | €31,025 | €50,387 | €10,971 | ▼ 78.2% |
| Trade debts44 | €858 | €453 | - | €1,185 | €23,492 | €4,490 | ▼ 80.9% |
| Suppliers440/4 | - | €453 | - | €1,185 | €23,492 | €4,490 | ▼ 80.9% |
| Taxes, remuneration and social security45 | - | - | €398 | €29,840 | €26,895 | €6,482 | ▼ 75.9% |
| Taxes450/3 | - | - | €398 | €29,840 | €26,895 | €6,482 | ▼ 75.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,081 | -€3,516 | -€2,996 | €59,789 | €15,394 | €14,553 | ▼ 5.5% |
| + Depreciation and write-downs630 | €4,408 | €4,128 | €3,715 | - | €54 | €2,306 | ▲ 42× |
| Operating cash flow (approximation) | -€673 | €612 | €719 | €59,789 | €15,449 | €16,859 | ▲ 9.1% |
| Investment in fixed assets (approximation) | - | €0 | €1 | - | - | -€28,027 | - |
| Change in cash | - | -€283 | €259 | €23,851 | €58,195 | €24,830 | ▼ 57.3% |
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, 31,368 companies had the same profile as Svend Construct has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Svend Construct itself: < 0.1% 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 31,368 companies, not a prediction for Svend 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 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 08-09-2026 | 2026-00507512 | |
| 31-12-2024 | micro format | 05-08-2025 | 2025-00358533 | |
| 31-12-2023 | micro format | 06-11-2024 | 2024-00529181 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00390546 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20383701 | |
| 31-12-2020 | micro format | 28-07-2021 | 2021-44900532 | |
| 31-12-2016 | micro format | 27-06-2017 | 2017-24800270 | |
| 31-12-2015 | abbreviated format | 24-08-2016 | 2016-47300223 | |
| 31-12-2014 | abbreviated format | 15-09-2015 | 2015-58900380 | |
| 31-12-2013 | abbreviated format | 24-07-2014 | 2014-34800261 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 25-09-2025 Converted to unavailable equity · €12,400
- 25-09-2025 Converted to unavailable equity · €1,860
- 25-09-2025 Converted to uncalled contributions · €6,200
- 25-09-2025 Capital reduction of €6,200
- 25-09-2025 Capital reduction of €6,200
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Dumont Sven |
|
| Bout Steven |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “De algemene vergadering die de bestuurder(s) benoemt, bepaalt hun aantal, de duur van hun opdracht en, indien er meerdere bestuurders zijn…”“Indien de bestuurder statutair werd benoemd, kan hij worden ontslagen om wettige redenen bij gewone meerderheid van de algemene vergadering…”“Vergoeding bestuurders, De algemene vergadering beslist of het mandaat van de bestuurder al dan niet ten kosteloze titel wordt uitgeoefend.”
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Besluit van de algemene vergadering, voor zover de wet geen andersluidende bepalingen bevat”
Articles of association, deed of 25-09-2025 (in Dutch)
Network & group
Svend Construct shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Svend Construct. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
25-09
Gazette deed
Company renamed from SBCE to Svend ConstructPurpose change · Legal-form conversion · Capital conversion21 points ▸
- General meeting, 09-09-2025
- Name change, Svend Construct
- Other provision, 09-09-2025
- Other provision, “De algemene vergadering ontslaat de notaris van voorlezing van de tekst van het bijzonder verslag en verzoekt om aanhechting ervan als bijlage aan de akte” (deed in Dutch)
- Purpose change
- Legal-form conversion, “statuten aanpassen aan de bepalingen van het Wetboek van Vennootschappen en Verenigingen, Besloten Vennootschap (afgekort BV)” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch), mentioned 2 times in the deed
- Capital conversion, “eigenvermogensrekening 'niet-opgevraagde inbrengen'” (deed in Dutch)
- Reserve release, “statutair onbeschikbare eigen vermogensrekening op te heffen, middelen beschikbaar te maken voor uitkering” (deed in Dutch)
- Capital decrease, €6,200, mentioned 2 times in the deed
- Amendment of the articles
- Capital
- The act holds 9 more points.
20-02
Gazette deed
Registered office moved from Bilzen to ZonhovenResignation: Bout Steven (director) · Appointment: Dumont Sven (director) · Director discharge5 points ▸
- General meeting, 15-11-2023
- Director resignation, Bout Steven (director)
- Director discharge, Bout Steven (director)
- Director appointment, Dumont Sven (director)
- Registered-office move, Breilaarschansweg 28 te 3520 Zonhoven
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Grensstraat 62, 3740 Bilzen until 15-11-2023 · act of 20-02-2024
Activities
NACEBEL 2025Codes under NACEBEL 2008
18 activities
- Het vervaardigen en plaatsen van binnen- en buitenschrijnwerk in allerlei soorten grondstoffen zoals hout, kunststof, metaal, enzovoort
- Het vervaardigen, ontwerpen en verkopen van meubels, inbouwkasten, kantoormeubelen, keukens, trappen, tuinhuizen, enzovoort
- Het plaatsen van tussenwanden in hout, metaal, gipsplaten
- Het restaureren en renoveren van meubels, deuren, vloeren, tuinhuizen uit diverse materialen
- Het ontwikkelen van residentiële als niet residentiële bouwprojecten
- Het aanbrengen van isolatiematerialen zowel thermische isolatie als geluidsisolatie
- Het aanbrengen in gebouwen van vloer- of wandbekleding onder de vorm van tegels, hout, beton, metaal, kunststof, enzovoort
- Schilderen van gebouwen
- Overige werkzaamheden in verband met de afwerking van gebouwen
- Bouw van daken
- Restaureren van bouwwerken zowel houtskeletbouw als vakwerkbouw
- Handelsbemiddeling en groot -en kleinhandel in hout, metalen deuren en bouwmaterialen
- Het organiseren van evenementen en sportactiviteiten
- Het coachen trainen van atleten
- Het professioneel uitoefenen van sportactiviteiten
- Bediening, organisatie, opleiding en coaching in de Horeca
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium, alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of anderen roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen
- Het aanleggen en het oordeelkundig uitbouwen en beheren van een onroerend vermogen, alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen
Invoicing and payment
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 0873.821.728
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71442C1182/00A000 | Flanders | 1,010 m² | 1 · 167 m² | 8.5 m · 2 |