Debts
Of this, €812,870 falls due within a year.
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.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
Embed the SVG Construct company card in your article about this bankruptcy: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Of this, €812,870 falls due within a year.
In 2023, 4 people joined and 2 left.
Philipsen, Tammy (sole trader) came to this address 4 days after the ruling.
On 12 February 2026 the court declared SVG Construct bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €660,000. Estimated: probably between €550,000 and €840,000.
Higher than 18% of 7,291 companies in 2023.
Higher than 39% of 7,253 companies in 2023.
Higher than 44% of 7,273 companies in 2023.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter
Staff costs divided by the average number of full-time equivalents.
In 2023, 4 people joined and 2 left.
| Line | Trend | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
1.2m | 850,570 | 823,797 | |
21/28 |
49,024 | 49,678 | 99,663 | |
22/27 |
45,699 | 46,353 | 99,366 | |
23 |
24,719 | 33,496 | 41,348 | |
24 |
20,980 | 12,856 | 58,017 | |
28 |
3,325 | 3,325 | 297 | |
29/58 |
1.2m | 800,891 | 724,134 | |
3 |
17,500 | 17,000 | 55,450 | |
30/36 |
17,500 | 17,000 | 55,450 | |
40/41 |
1.1m | 780,085 | 605,559 | |
40 |
772,945 | 569,526 | 525,770 | |
41 |
337,194 | 210,559 | 79,790 | |
54/58 |
67,375 | 3,807 | 61,176 | |
490/1 |
- | - | 1,950 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
1.2m | 850,570 | 823,797 | |
10/15 |
224,099 | 166,135 | 96,550 | |
10/11 |
20,000 | 20,000 | 20,000 | |
11 |
20,000 | 20,000 | - | |
1109/19 |
20,000 | 20,000 | - | |
13 |
150,000 | - | - | |
133 |
150,000 | - | - | |
14 |
54,099 | 146,135 | 76,550 | |
17/49 |
1.0m | 684,434 | 727,247 | |
17 |
207,068 | 21,047 | 32,224 | |
170/4 |
29,869 | 21,047 | 32,224 | |
178/9 |
177,199 | - | - | |
42/48 |
812,870 | 663,387 | 686,965 | |
42 |
11,390 | 11,177 | 10,968 | |
43 |
128,137 | 125,000 | - | |
430/8 |
125,598 | 125,000 | - | |
439 |
2,538 | - | - | |
44 |
593,401 | 199,660 | 432,489 | |
440/4 |
593,401 | 199,660 | 432,489 | |
45 |
42,526 | 51,923 | 22,429 | |
450/3 |
40,533 | 49,709 | 21,300 | |
454/9 |
1,993 | 2,215 | 1,129 | |
47/48 |
37,417 | 275,626 | 221,079 | |
492/3 |
- | - | 8,057 | |
| Income statement | ||||
9900 |
255,970 | 184,307 | 418,723 | |
62 |
47,825 | 22,251 | 11,114 | |
630 |
20,885 | 19,034 | 17,395 | |
631/4 |
- | -4,000 | 41,097 | |
640/8 |
44,973 | 18,250 | 14,349 | |
66A |
22,387 | - | - | |
9901 |
119,899 | 128,772 | 334,768 | |
75/76B |
4,240 | 7,401 | 2,690 | |
75 |
4,240 | 7,401 | 2,690 | |
65/66B |
38,409 | 38,179 | 39,608 | |
65 |
38,409 | 15,330 | 39,608 | |
66B |
- | 22,849 | - | |
9903 |
85,731 | 97,994 | 297,850 | |
67/77 |
27,767 | 28,409 | 21,300 | |
9904 |
57,964 | 69,585 | 276,550 | |
9905 |
57,964 | 69,585 | 276,550 | |
| Appropriation of the result | ||||
9906 |
204,099 | 146,135 | 276,550 | |
14P |
146,135 | 76,550 | - | |
691/2 |
150,000 | - | - | |
6921 |
150,000 | - | - | |
694/7 |
- | - | 200,000 | |
695 |
- | - | 200,000 | |
| Social balance sheet | ||||
9087 |
1.5 | 1.9 | 0.5 | |
Hours worked1013 |
2,160 | 1,480 | 410 | |
| Document | ||||
The notes to these accounts have 11 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 2023 (PDF), filed on 31-10-2024.
2023 annual accounts filed 92 days after the deadline. Filed on 31 October 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00524747.
| Line | Trend | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| 140,784 | 147,806 | 352,163 | ||
| 78,849 | 88,620 | 293,945 | ||
| 20,231 | 4,898 | 117,058 | ||
| 63,568 | -57,369 | - | ||
| 382,143 | 137,505 | 37,169 | ||
| 18.0% | 19.5% | 11.7% | ||
| 1.47 | 1.21 | 1.05 | ||
| 1.45 | 1.18 | 0.97 | ||
| 4.55 | 4.12 | 7.53 | ||
| 25.9% | 41.9% | 286.4% | ||
| 4.7% | 8.2% | 33.6% | ||
| 3.67 | 9.64 | 8.89 |
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.
| Item | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 1 |
| full-time | 2 | - | 1 |
| part-time | - | 2 | - |
| in full-time equivalents | 2 | 0.8 | 1 |
| 1.5 | 0.9 | 0.5 | |
| On a permanent contract | 2 | - | 1 |
| Joined | 4 | 4 | 2 |
| Left | 2 | 0 | 1 |
Source: social balance sheet in the 2021 to 2023 annual accounts
| Item | 2023 | 2022 | 2021 |
|---|---|---|---|
| Tangible fixed assets | €20,231 | €1,870 | €115,678 |
| Intangible fixed assets | - | - | €1,083 |
| Financial fixed assets | - | €3,028 | €297 |
| €20,885 | €19,034 | €17,395 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
The operating result for 2023 is 7% lower than in 2022 and the lowest since 2021. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 80.5% to 82.0%. Equity and debt are higher.
SVG Construct has no parent and no holdings in its annual accounts. Groep AM is the only director.
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The network lets you explore the ties of SVG Construct.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
SVG Construct was incorporated on 10 March 2020 as a private limited company by one natural person, with a starting capital of €20,000.12 Groep AM is director of the company, appointed by deed of 02-08-2022.3 Total assets rose from €823,797 in 2021 to €1.2m in 2023 and headcount from 0.5 to 1.5 full-time equivalents.4 On 12 February 2026 the company was declared bankrupt.5
| Establishment | Since | Unit number |
|---|---|---|
| Ilgatlaan 9 registered office 3500 Hasselt | 10-03-2020 | 2.300.908.987 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71328D0376/00F000 | 1,389 m² | 1 · 471 m² | 18.2 m · 6 |
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