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SVG Construct

In bankruptcy Private limited companyfounded 2020Ilgatlaan 9, 3500 HasseltKBO/BCE: BE 0744.929.415

Overview

Information for creditors

Enterprise Court of Antwerp, Hasselt division · Official Gazette of 18-02-2026
Appeal or third-party opposition 05-03-2026Filing the claim in RegSol 14-03-2026First verification report 19-03-2026Late claim until 12-02-2027
Steps, deadlines and articles of law

The procedure

Official Gazette
18-02-2026search the document for 2026/107006

Deadlines

Provisional date payments stopped
12 February 2026A later judgment can still change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition
passed on 5 March 2026art. XX.108, Code of Economic Law
Filing the claim in RegSol
passed on 14 March 2026art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 19 March 2026art. XX.104 and XX.194, Code of Economic Law
Late claim until
12 February 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

Trustees

Steps for a creditor

  1. Stop delivering on credit unless the trustee agrees.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. The ordinary term has passed. File a late claim in RegSol (regsol.be) until 12 February 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.
  4. Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
  5. 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 axis
peak €418,723 (2021)
€255,970▲ 38.9%
peak €276,550 (2021)
€57,964▼ 16.7%
peak €224,099 (2023)
€224,099▲ 34.9%
€1.0m▲ 49.0%
peak 1.5 FTE (2023)
1.5 FTE 
Board3 names since 2020
2 directorsGroep AM and 1 other
Documentsfilings and deeds
31-10-202492 days late
2023abbreviated format
Gross margin from €184,307 to €255,9701 director appointed, 1 resignation 14-08Equity from €166,135 to €224,099Debts from €684,434 to €1.0mCash from €3,807 to €67,375

Key points

from the 2023 annual accounts, the last ones filed

Debts

€1.0m 82% of the balance sheet
Financial debts 15%Suppliers 58%Taxes and wages 4%Other 22%

Of this, €812,870 falls due within a year.

Staff

2 employees on 31-12-2023
212021402022422023

In 2023, 4 people joined and 2 left.

No score

Board and ownership

GA
Director, Vanhamel Gery
  • STOCKINGER Susanna 200 sharesdeed of 12-03-2020
Board & ownership

Recent changes

Weber, Warren (sole trader) at this address Establishment
SB Media at this address
Listed in the Peppol Directory
Bankruptcy published Enterprise Court of Antwerp, Hasselt division · judgment of 12-02-2026 · Bankruptcy
All 14 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 12-02-2026
Registered office
42 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Insulation installationNACE 43230and 5 others
Joint committee
100Auxiliary committee for blue-collar workers · annual accounts 2022
Establishment unit
2.300.908.9873500 Hasselt, since 10-03-2020
Financial year end
31 December
Peppol
Reachable since 16-03-2026
Company details

Annual accounts 2023

€255,970▲ 38.9%
≈ €660,000estimated
€57,964▼ 16.7%
€224,099▲ 34.9%
€1.2m▲ 46.3%
Employeeson 31-12-2023
2=
Filing
Filed on 31-10-2024
Financials

Insights on SVG Construct

On 12 February 2026 the court declared SVG Construct bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2023

abbreviated format, filed on 31-10-2024, 92 days late
€255,970
▲ 38.9%
€119,899
▼ 6.9%
€57,964
▼ 16.7%
€382,143
▲ 178%
18.0%
▼ 1.5 percentage points
1.47
▲ 0.26

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.

Balance sheet

balance sheet total €1.2m on 31-12-2023
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

18.0%

Higher than 18% of 7,291 companies in 2023.

1.47

Higher than 39% of 7,253 companies in 2023.

4.7%

Higher than 44% of 7,273 companies in 2023.

SVG Construct Middle half of the sector 80% of the sector Abbreviated accounts in specialised construction (NACE 43)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter

Staff

€31,884

Staff costs divided by the average number of full-time equivalents.

+2 people

people who joined people who left

In 2023, 4 people joined and 2 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202320222021
Balance sheet: assets
20/58 1.2m850,570823,797
21/28 49,02449,67899,663
22/27 45,69946,35399,366
23 24,71933,49641,348
24 20,98012,85658,017
28 3,3253,325297
29/58 1.2m800,891724,134
3 17,50017,00055,450
30/36 17,50017,00055,450
40/41 1.1m780,085605,559
40 772,945569,526525,770
41 337,194210,55979,790
54/58 67,3753,80761,176
490/1 --1,950
Balance sheet: equity and liabilities
10/49 1.2m850,570823,797
10/15 224,099166,13596,550
10/11 20,00020,00020,000
11 20,00020,000-
1109/19 20,00020,000-
13 150,000--
133 150,000--
14 54,099146,13576,550
17/49 1.0m684,434727,247
17 207,06821,04732,224
170/4 29,86921,04732,224
178/9 177,199--
42/48 812,870663,387686,965
42 11,39011,17710,968
43 128,137125,000-
430/8 125,598125,000-
439 2,538--
44 593,401199,660432,489
440/4 593,401199,660432,489
45 42,52651,92322,429
450/3 40,53349,70921,300
454/9 1,9932,2151,129
47/48 37,417275,626221,079
492/3 --8,057
Income statement
9900 255,970184,307418,723
62 47,82522,25111,114
630 20,88519,03417,395
631/4 --4,00041,097
640/8 44,97318,25014,349
66A 22,387--
9901 119,899128,772334,768
75/76B 4,2407,4012,690
75 4,2407,4012,690
65/66B 38,40938,17939,608
65 38,40915,33039,608
66B -22,849-
9903 85,73197,994297,850
67/77 27,76728,40921,300
9904 57,96469,585276,550
9905 57,96469,585276,550
Appropriation of the result
9906 204,099146,135276,550
14P 146,13576,550-
691/2 150,000--
6921 150,000--
694/7 --200,000
695 --200,000
Social balance sheet
9087 1.51.90.5
Hours worked1013 2,1601,480410
Document PDFPDFPDF

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.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

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.

Financial year Type Filed Reference Document
31-12-2023 abbreviated format 31-10-2024 2024-00524747 PDF
31-12-2022 abbreviated format 07-11-2023 2023-00509481 PDF
31-12-2021 abbreviated format 25-10-2022 2022-20474543 PDF

Subsidies and aid

Flemish government 2022, 1 entry, €6,717 awarded, €6,717 paid

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202320222021
140,784147,806352,163
78,84988,620293,945
20,2314,898117,058
63,568-57,369-
382,143137,50537,169
18.0%19.5%11.7%
1.471.211.05
1.451.180.97
4.554.127.53
25.9%41.9%286.4%
4.7%8.2%33.6%
3.679.648.89

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.

Social balance sheet

Item31-12-202331-12-202231-12-2021
Employees at the balance-sheet date221
full-time2-1
part-time-2-
in full-time equivalents20.81
1.50.90.5
On a permanent contract2-1
Joined442
Left201

Source: social balance sheet in the 2021 to 2023 annual accounts

Investments

fixed assets acquired
Item202320222021
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)

Insights on SVG Construct

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.

Board & ownership

Curators

the curators have managed the company since 12-02-2026
Curator, Van Dijcklaan 15, 3500 Hasselt
Also on 151 other cases
Curator, Van Dijck- Laan 15, 3500 Hasselt
Also on 150 other cases
Curator, Van Dijcklaan 15, 3500 Hasselt
Also on 151 other cases

Last board

1 director, no change since 2024
Director, permanent representative Vanhamel Gery
appointed by deed of 02-08-2022
listed in the 2023 annual accounts, filed on 31-10-2024
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 12-03-2020
Permanent representatives 1
Vanhamel Gery
Permanent representative, for Groep AM
appointed by deed of 02-08-2022

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today
Groep AM
Director
Bomboi Catia
Director
STOCKINGER Susanna
Director (not named in the articles)
BoardEarlierend not datedBankruptcy 12-02-2026
Mandates as a list
  • Groep AM
    • Director, appointed by deed of 02-08-2022, until the bankruptcy of 12-02-2026
  • Bomboi Catia
    • Director, appointed by deed of 14-08-2023, until 19-11-2024
  • STOCKINGER Susanna
    • Director (not named in the articles), from 10-03-2020 to 10-07-2023
    • Director (not named in the articles), appointed by deed of 12-03-2020, no longer listed in the 2023 annual accounts

See the board, name and registered office on a given date →

Control

This company
SVG Construct
Equity €224,099
Profit €57,964 in 2023

Capital

Contribution
€20,000
Shares
200
Contribution per share
€100
Equity per share
€1,120 in 2023
Source
deed of 12-03-2020

Articles of association

deed of 12-03-2020 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Friday of May at 20:00

Shareholders

At incorporation deed of 12-03-2020 ↗

Network & group

No group

SVG Construct has no parent and no holdings in its annual accounts. Groep AM is the only director.

At the same address

Ilgatlaan 9, 3500 Hasselt · 41 other companies
TRUSTTEAM
establishment since 28-12-2018 · founded in 2002 · group Green Hill I
94 FTE (2025)
0477.005.418
Joyn International
registered office since 27-01-2015 · founded in 2015
total assets €2.9m (2025)
0578.946.577
Gevavi
registered office since 01-07-1996 · founded in 1996 · group MOZA-X
6.4 FTE (2025)
0458.128.822
JOYN
registered office since 25-06-2012 · founded in 2012 · negative equity (2025)
4 FTE (2025)
0846.759.718
CREDISHOP
establishment since 08-06-2020 · founded in 1992
4 FTE (2025)
0447.111.503
THE NETWORK HOLDING
registered office since 12-08-2013 · founded in 2013
total assets €832,514 (2025)
0537.445.227
Joyn4Local
registered office since 02-11-2016 · founded in 2016 · negative equity (2025)
2 FTE (2025)
0665.683.284
Centhro
registered office since 27-08-2009 · founded in 2009
4.8 FTE (2025)
0818.513.516
Joyn Urban Services
registered office since 02-03-2009 · founded in 2009 · negative equity (2025)
total assets €450,583 (2025)
0810.040.070
Aumundi
registered office since 19-09-2011 · founded in 2011
total assets €433,363 (2025)
0839.395.240
and 31 more

Connections & network

1 last director
Depth

The network lets you explore the ties of SVG Construct.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

14 events since 2020
2026
Weber, Warren (sole trader) at this address Establishment
SB Media at this address Registered office
Listed in the Peppol Directory
Bankruptcy published Enterprise Court of Antwerp, Hasselt division · judgment of 12-02-2026
2024
Resignation: Bomboi Catia (director)Permanent representative: Gery Vanhamel · General meeting of 28-10-20243 points ▸
  • General meeting, 28-10-2024
  • Director resignation, Bomboi Catia
  • Permanent representative, Gery Vanhamel

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFabbreviated format · 92 days late
2023
Equity above €200,000 equity €224,099 ▲34.9% With a profit in every financial year since 2021, equity grows to €224,099.
Annual accounts 2022 filed PDFabbreviated format · 99 days late
1 director appointed, 1 resignationResignation: Stockinger Susanna · Appointment: Bomboi Catia · Permanent representative: Gery Vanhamel · General meeting of 10-07-20234 points ▸

Open the deed in the Belgian Official Gazette

2022
Equity above €150,000 equity €166,135 ▲72.1% With a profit in every financial year since 2021, equity grows to €166,135.
Annual accounts 2021 filed PDFabbreviated format · 86 days late
Appointment: Groep AM BV (director)Permanent representative: Vanhamel Gery · General meeting of 03-11-20213 points ▸
  • General meeting, 03-11-2021
  • Director appointment, Groep AM BV
  • Permanent representative, Vanhamel Gery
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

2020
IncorporationFounding capital of €20,000, 200 shares · Founder: STOCKINGER Susanna · Appointment: STOCKINGER Susanna (director) · published on 12-03-20205 points ▸

Open the deed in the Belgian Official Gazette

First establishment Ilgatlaan 9, Hasselt

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

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

  1. 1KBO register
  2. 2Belgian Official Gazette, 12-03-2020
  3. 3Belgian Official Gazette, 02-08-2022
  4. 4National Bank, annual accounts 2021 and 2023
  5. 5Belgian Official Gazette, 18-02-2026

Company details

Identity

Enterprise number
0744.929.415
VAT number
BE 0744.929.415
Peppol ID
0208:0744929415
Other Peppol ID
9925:BE0744929415
Legal form
Private limited company
Status
In bankruptcy, since 12-02-2026
Founded
10-03-2020
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Friday of May at 20:00
deed of 12-03-2020 (in Dutch)
Peppol
Listed since 16-03-2026The listing only disappears when the Peppol service provider removes it.
Name
SVG Construct in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 12-03-2020 (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 12-03-2020 (in Dutch)

Activities

NACEBEL 2025
43230 Insulation installation main activity
Joint committees annual accounts 2022
JC 100 Auxiliary committee for blue-collar workers
Codes under NACEBEL 2008
43291 Specialised construction activities main activity
25610 Manufacture of fabricated metal products, except machinery and equipment
33200 Installation of industrial machinery and equipment
43120 Site preparation
43390 Specialised construction activities
46742 Wholesale trade
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het plaatsen van isolatie in de meest uitgebreide zin, zowel thermisch als akoestisch; Het plaatsen van coating in de meest ruime zin…”
52 activities
  1. Het plaatsen van isolatie in de meest uitgebreide zin, zowel thermisch als akoestisch
  2. Het plaatsen van coating in de meest ruime zin
  3. Polieren
  4. Het spuiten van isolatie
  5. Isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen
  6. De uitbating van groot- en kleinhandel in allerhande isolatiematerialen en aanverwante goederen
  7. De isolatie van koelkamers en pakhuizen
  8. Het ruimen van bouwterreinen
  9. Aanbrengen van chape
  10. Het bouwen van schoorstenen en industriële ovens
  11. De renovatie van woningen
  12. Dakwerken
  13. Het monteren van metalen constructies
  14. Het uitvoeren van hijs- en hefwerkzaamheden voor rekening van derden
  15. Het optrekken en afbreken van steigers en werkplatforms
  16. Het uitvoeren van voegwerken
  17. Het snoeien van bomen en heggen
  18. Het aanleggen en onderhouden van tuinen, parken en het groene gedeelte van sportvelden
  19. De installatie van verlichtings- en signaleringssystemen voor wegen en spoorwegen, in havens en luchthavens (inclusief de installaties van verkeersborden)
  20. Het plaatsen van tussenwanden van gipsplaten
  21. De montage van buiten- en binnenschrijnwerk in metaal: deuren, vensters, kozijnen, trappen, muurkasten, inbouwkeukens, winkelinrichtingen en dit alles in de meest uitgebreide zin
  22. De installatie van al dan niet verplaatsbare tussenwanden, de bekleding van wanden, plafonds
  23. Installatie van garagepoorten, luiken, zonneblinden, traliewerken, hekken enz. in diverse materialen
  24. Het schilderen van metalen constructies
  25. Gevelreiniging door middel van zandstralen, met behulp van stroom, enzovoort
  26. De reiniging van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden
  27. Industriële pijpleidingen en kanalisatie
  28. Het plaatsen van centrale verwarming, met water, stoom of gas en van bijkomende toestellen
  29. Lood- en zinkwerken
  30. Het plaatsen, herstellen en onderhouden van allerhande branders
  31. De installatie van verwarming, klimaatregeling en ventilatie in de meest ruime zin
  32. Het schoorsteenvegen en schoonmaken van vuurplaatsen, kachels, ovens, ketels van centrale verwarming, ventilatiekanalen en uitlaatsystemen
  33. De aan- en verkoop van roerende en onroerende goederen
  34. De huur en verhuur van roerende en onroerende goederen
  35. De uitbating, beheer en management van hotel, restaurant, café, privéclub en dansgelegenheid in de meest uitgebreide zin
  36. Het plaatsen van ventilatie in de meest ruime zin van het woord
  37. De aan- en verkoop, de huur en verhuur van allerhande toebehoren voor ventilatie en dit in de meest ruime zin van het woord
  38. De aan- en verkoop, de huur en verhuur van allerhande afzuigsystemen en toebehoren en dit in de meest ruime zin van het woord
  39. De aan- en verkoop, de huur en verhuur van allerhande ventilatiesystemen en dit in de meest ruime zin van het woord
  40. Het plaatsen van zonnepanelen
  41. De installatie van stores en zonneschermen
  42. Grondwerken
  43. Wegenwerken en bouw van niet metalen kunstwerken, waterbouwwerken
  44. De bouw van zwembaden
  45. Het bouwen van koelkamers en kluizen
  46. De aanleg van spoorwegen, wegen, straten en andere paden voor voertuigen en voetgangers (inclusief het plaatsen van vangrails), vliegvelden en speel- en sportterreinen en accommodaties
  47. De exploitatie van irrigatiesystemen
  48. De uitwerking van projecten op het gebied van klimaatbeheersing, koeltechniek, zuivering en voorkomen van pollutie, akoestiek
  49. Het uitbaten van een klein- en of groothandel in het bakken en braden van kippen en dit in de meest uitgebreide zin
  50. Het renoveren van gevels in de meest uitgebreide zin
  51. Het inrichten van banketen, feestelijkheden en de verhuring van feestzalen
  52. De bereiding en de handel, de import en export van alle mogelijke koude en warme gerechten, dranken, gebak en confiserie, vlees- en viswaren, ijs en rookwaren, groenten en fruit, alcoholische en niet-alcoholische dranken en alle aanverwante artikelen
deed of 12-03-2020 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Ilgatlaan 9 registered office 3500 Hasselt 10-03-2020 2.300.908.987

Buildings and parcels at the address

Ground area
1,389 m²
Buildings
471 m²
Volume, LiDAR
7,569 m³
Tallest building
18.3 m
Buildings to scale, each on its own parcel
471 m², 18.2 m 471 m², 18.2 m

Location

registered office establishment The establishment unit on the map
42 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
71328D0376/00F0001,389 m² 1 · 471 m² 18.2 m · 6