SVF CONSTRUCT
Annual accounts 2024
micro format, filed on 06-10-2025, 67 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €590,000. Estimated: probably between €400,000 and €870,000.
Balance sheet
balance sheet total €232,922 on 31-12-2024in euro
in euro
Position in the sector
39.8%
Higher than 42% of 35,956 companies in 2024.
1.29
Higher than 33% of 35,354 companies in 2024.
48.2%
Higher than 95% of 35,538 companies in 2024.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
€6,812
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
232,922 | 111,804 | 64,946 | |
21/28 |
51,963 | 9,317 | 4,651 | |
22/27 |
51,963 | 9,317 | 4,651 | |
23 |
11,082 | - | - | |
24 |
40,881 | 9,317 | 4,651 | |
29/58 |
180,960 | 102,487 | 60,295 | |
40/41 |
173,537 | 101,172 | 59,536 | |
40 |
56,615 | 36,107 | 41,420 | |
41 |
116,922 | 65,065 | 18,116 | |
54/58 |
5,464 | 114 | - | |
490/1 |
1,959 | 1,202 | 759 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
232,922 | 111,804 | 64,946 | |
10/15 |
92,656 | 64,384 | 33,292 | |
10/11 |
1,000 | 1,000 | 1,000 | |
14 |
91,656 | 63,384 | 32,292 | |
17/49 |
140,266 | 47,420 | 31,654 | |
42/48 |
140,266 | 47,420 | 31,654 | |
43 |
- | - | 193 | |
430/8 |
- | - | 193 | |
44 |
878 | 15,540 | 11,042 | |
440/4 |
878 | 15,540 | 11,042 | |
45 |
55,388 | 31,880 | 20,419 | |
450/3 |
49,915 | 22,864 | 11,814 | |
454/9 |
5,473 | 9,015 | 8,605 | |
47/48 |
84,000 | - | - | |
| Income statement | ||||
9900 |
174,397 | 99,828 | 86,524 | |
62 |
6,812 | 45,497 | 36,026 | |
630 |
10,985 | 3,137 | 908 | |
640/8 |
5,374 | 9,457 | 6,480 | |
9901 |
151,225 | 41,737 | 43,110 | |
75/76B |
1 | 4 | 8 | |
75 |
1 | 4 | 8 | |
65/66B |
254 | 221 | 83 | |
65 |
254 | 221 | 83 | |
9903 |
150,972 | 41,520 | 43,035 | |
67/77 |
38,700 | 10,428 | 10,743 | |
9904 |
112,272 | 31,092 | 32,292 | |
9905 |
112,272 | 31,092 | 32,292 | |
| Appropriation of the result | ||||
9906 |
175,656 | 63,384 | 32,292 | |
14P |
63,384 | 32,292 | - | |
694/7 |
84,000 | - | - | |
694 |
84,000 | - | - | |
| Social balance sheet | ||||
9087 |
1 | 1 | 0.7 | |
Hours worked1013 |
106 | 1,780 | 1,609 | |
| Document | ||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 06-10-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank2024 annual accounts filed 67 days after the deadline. Filed on 6 October 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00540493.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| 162,210 | 44,874 | 44,019 | ||
| 123,257 | 34,230 | 33,200 | ||
| 59,087 | 20,087 | 11,259 | ||
| 5,350 | - | - | ||
| 40,693 | 55,068 | 28,641 | ||
| 39.8% | 57.6% | 51.3% | ||
| 1.29 | 2.16 | 1.90 | ||
| 1.51 | 0.74 | 0.95 | ||
| 121.2% | 48.3% | 97.0% | ||
| 48.2% | 27.8% | 49.7% | ||
| over 100 | over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2024 | 31-12-2023 | 31-12-2022 |
|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 |
| in full-time equivalents | 1 | 1 | 1 |
| 1 | 1 | 0.7 | |
| On a permanent contract | 1 | 1 | 1 |
Source: social balance sheet in the 2022 to 2024 annual accounts
Investments
fixed assets acquired| Item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Tangible fixed assets | €59,087 | €20,087 | €11,259 |
| €10,985 | €3,137 | €908 |
Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)
Insights on SVF CONSTRUCT
The operating result for 2024 is over 3.6 times that of 2023 and the highest since 2022. It is a recovery after the fall in 2023.
Debt's share of the balance-sheet total rises from 42.4% to 60.2%. Equity and debt are higher.