Equity
€92,656 ▲ 43.9%
SVF CONSTRUCT paid out €84,000 in dividends. That is 75% of the 2024 profit.
SVF CONSTRUCT
Overview
Information for creditors
Enterprise Court of Brussels · Official Gazette of 10-03-2026Appeal or third-party opposition 25-03-2026Filing the claim in RegSol 02-04-2026First verification report 08-04-2026Late claim until 03-03-2027
- Charlotte Pierstrusteecp@keylegal.be
Steps, deadlines and articles of law
The procedure
- Supervising judge
- Stephan Janssens
- Official Gazette
- 10-03-2026search the document for 2026/109917
Deadlines
- Provisional date payments stopped
- 3 March 2026A later judgment can still change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition
- passed on 25 March 2026art. XX.108, Code of Economic Law
- Filing the claim in RegSol
- passed on 2 April 2026art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 8 April 2026art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- 3 March 2027A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law
Trustee
- Charlotte PiersGroenkraaglaan 3, 1170 Brussel 17cp@keylegal.be
Steps for a creditor
- Stop delivering on credit unless the trustee agrees.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- The ordinary term has passed. File a late claim in RegSol (regsol.be) until 3 March 2027, yourself with eID or itsme, or through your lawyer. It shares only in what has not yet been paid out, and you bear the costs.
- Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
- Follow the file in RegSol. The verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything. Once a deadline has passed, it is too late for that step.
If this company owes you money, you are not paid automatically. You file your claim yourself, within the deadline the judgment sets.
Follow
Follow this bankruptcy and you are notified the next morning if it is closed or reversed.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
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Lifetime
3 annual accounts with figures on one time axispeak €174,397 (2024)
€174,397▲ 74.7%
peak €112,272 (2024)
€112,272▲ 261%
peak €92,656 (2024)
€92,656▲ 43.9%
€140,266▲ 196%
Board1 name since 2021
1 directorSTAN Vasile Florin
Documentsfilings and deeds
06-10-202567 days late
2024micro format
Gross margin from €99,828 to €174,397Result from €31,092 to €112,272Dividend €84,000Equity from €64,384 to €92,656Debts from €47,420 to €140,266Investments €53,631
Key points
from the 2024 annual accounts, the last ones filedResult
€112,272 ▲ 261%
The result rose in 2024 from €31,092 to €112,272.
Investments
€59,087 5.4 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.29 was 2.16 in 2023
Short-term debts rose from €47,420 to €140,266.
Filings
3 annual accounts 3 late
The 2024 accounts came latest: 67 days after the end of the period.
At the same address
26 companies
Ben Bahafa, Khalid (sole trader) came to this address 1 day after the ruling.
No score
Recent changes
23 companies at this address later
MK MULTISERVICES, OMBRO, NEXACLEAN, NSL CONSTRUCT, SAPORIDITALIA, MR MECANIQUE and 17 more · since 2026
Address struck
effective 28-06-2026 · KBO administration
Bankruptcy published
Enterprise Court of Brussels · judgment of 03-03-2026 · Bankruptcy
Listed in the Peppol Directory
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 03-03-2026
- Legal form
- Private limited company
- Activity
- Other building finishing workNACE 43350and 1 other
- Establishment unit
- 2.319.666.3141020 Brussels, since 09-07-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 05-09-2025
Annual accounts 2024
- €174,397▲ 74.7%
- ≈ €590,000estimated
- €112,272▲ 261%
- €92,656▲ 43.9%
- €232,922▲ 108%
- Employeeson 31-12-2024
- 1=
- Filing
- Filed on 06-10-2025
Insights on SVF CONSTRUCT
On 3 March 2026 the court declared SVF CONSTRUCT bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2024
micro format, filed on 06-10-2025, 67 days late€174,397
▲ 74.7%
€151,225
▲ 262%
€112,272
▲ 261%
€40,693
▼ 26.1%
39.8%
▼ 17.8 percentage points
1.29
▼ 0.87
Turnover 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 31-12-2024What the company ownsHow it is paid for
in 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.
SVF CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
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.
Board & ownership
Curator
the curator has managed the company since 03-03-2026Last board
1 director, since incorporationDirector (not named in the articles)
since 09-07-2021
term without a fixed end
listed in the 2024 annual accounts, filed on 06-10-2025
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 13-07-2021
Mandates through the years
1 name, the dashed line is todaySTAN Vasile Florin
Director (not named in the articles)
Director (not named in the articles)
BoardBankruptcy 03-03-2026
Mandates as a list
- STAN Vasile Florin
- Director (not named in the articles), from 09-07-2021, until the bankruptcy of 03-03-2026
Control
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €927 in 2024
- Source
- deed of 13-07-2021
Articles of association
deed of 13-07-2021 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft koper(s) naar evenredigheid aantal bij meerdere kopers, geen beroep op rechter tegen weigering”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of June at 18:00
Shareholders
At incorporation
deed of 13-07-2021 ↗
- STAN Vasile Florin 100 shares (100%) · in cash
Network & group
No group
SVF CONSTRUCT has no parent and no holdings in its annual accounts. STAN Vasile Florin is the only director. SVF CONSTRUCT shares no director with another company.
At the same address
291 other companies| BROTHER TRADERS
registered office since 24-11-2021 · founded in 2021 |
turnover €14.9m (2025) 0777.666.618 |
| CCS Europe NV/SA
registered office since 27-08-2004 · founded in 2004 |
8.7 FTE (2025) 0866.940.270 |
| OMBRO
establishment since 02-10-2026 · founded in 2018 |
16 FTE (2025) 0690.581.602 |
| STEFANO IMMOBILIER
registered office since 03-12-2015 · founded in 2015 |
total assets €1.2m (2025) 0643.826.513 |
| SEERAT
registered office since 26-02-2021 · founded in 2021 |
turnover €1.0m (2025) 0764.399.590 |
| BELGIUM INVEST & CONSULTING
registered office since 03-02-2020 · founded in 2019 · accounts filed late |
total assets €930,792 (2025) 0735.583.662 |
| COSTA ISOLATION
registered office since 21-12-2018 · founded in 2018 |
total assets €829,130 (2025) 0716.760.615 |
| MCV CONSTRUCT
registered office since 05-05-2023 · founded in 2023 |
total assets €728,331 (2025) 0801.485.660 |
| TOMALEX
registered office since 04-01-2019 · founded in 2019 |
turnover €700,022 (2025) 0717.654.005 |
| SCC BOUW
establishment since 29-12-2022 · founded in 2022 |
total assets €681,379 (2025) 0795.524.615 |
Timeline
Timeline
10 events since 2021Filings
Financial
Establishments
Insolvency
Address
202220242026
2026
23 companies at this address later MK MULTISERVICES, OMBRO, NEXACLEAN, NSL CONSTRUCT, SAPORIDITALIA, MR MECANIQUE and 17 more · since 2026
Address struck effective 28-06-2026
Bankruptcy published Enterprise Court of Brussels · judgment of 03-03-2026
2024
Highest result from 2022 to 2024 net €112,272 ▲261% The operating result of €151,225 and the net result of €112,272 are both a record.
Annual accounts 2023 filed PDFmicro format · 27 days late
2023
Annual accounts 2022 filed PDFmicro format · 31 days late
2021
IncorporationFounding capital of €1,000, 100 shares · Founder: STAN Vasile Florin (comparant) · Appointment: STAN Vasile Florin (director) · published on 13-07-20214 points ▸
- Registered office clause, Bergensesteenweg, 421-Bus 13, 1600 Sint-Pieters-Leeuw
- Director appointment, STAN Vasile Florin (director (not named in the articles))
- Founder, STAN Vasile Florin (comparant)
- Founding capital, €1,000, 100 shares
- The deed holds 4 more points.
First establishment Pannenhuisstraat 158, Brussels
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
SVF CONSTRUCT was incorporated on 9 July 2021 as a private limited company by one natural person, with a starting capital of €1,000.12 Since 2021, STAN Vasile Florin has served as director.3 Total assets rose from €64,946 in 2022 to €232,922 in 2024 and headcount from 0.7 to 1 full-time equivalents.4 On 3 March 2026 the company was declared bankrupt.5
Company details
Identity
- Enterprise number
- 0770.967.777
- VAT number
- BE 0770.967.777
- Peppol ID
- 0208:0770967777
- Other Peppol ID
- 9925:BE0770967777
- Legal form
- Private limited company
- Status
- In bankruptcy, since 03-03-2026
- Founded
- 09-07-2021
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of June at 18:00deed of 13-07-2021 (in Dutch)
- Peppol
- Listed since 05-09-2025The listing only disappears when the Peppol service provider removes it.
- Name
- SVF CONSTRUCT in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 13-07-2021 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 13-07-2021 (in Dutch)
Activities
NACEBEL 202543350
Other building finishing work main activity
Codes under NACEBEL 2008
43390
Specialised construction activities main activity
43999
Specialised construction activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Aannemer van bouwwerken; Schildersbedrijf zowel wat betref voorbereidende werkzaamheden tot complete endecoratieve afwerking; Algemene…”deed of 13-07-2021 (in Dutch)
12 activities
- Aannemer van bouwwerken
- Schildersbedrijf zowel wat betref voorbereidende werkzaamheden tot complete endecoratieve afwerking
- Algemene metselwerken
- Ruwbouw residentiele woningen alsook van commerciele gebouwen
- Algemene electriciteitswerken alsook de groot - en detailhandel ervan
- Import en export van alle electrische en electronische apparaten
- Alle werkzaamheden in verband met afwerking
- Alle isolatiewerkzaamheden
- Alle schoonmaakwerkzaamheden : industriële reiniging, interieurreiniging van alle soorten gebouwen : kantoren, fabrieken, en werkplaatsen
- Aanleg en onderhouden van tuinen, parken en groene zones
- Het reinigen van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden
- Andere reinigingsactiviteiten, overige reiniging van gebouwen, en industriële reiniging
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Pannenhuisstraat 158 1020 Brussels | 09-07-2021 | 2.319.666.314 |
Buildings and parcels at the addresses
- Ground area
- 8,601 m²
- Buildings
- 1,611 m²
- Volume, LiDAR
- 12,867 m³
- Tallest building
- 15.8 m
Buildings to scale, each on its own parcel
Parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23582E0505/00E000 | Flanders | 8,312 m² | 1 · 1,330 m² | 9.5 m · 3 |
| 21815D0025/00E005 | Brussels | 290 m² | 1 · 281 m² | 15.8 m · 4 |
Contact
E-mail
vas.flo1985@gmail.com establishment in Brussel
Phone
+32 492 48 06 75 establishment in Brussel