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SVL Technical Supporting

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Private limited companyfounded 2022active for 4 yearsDoorslaardorp 58, 9160 Lokeren, BelgiumKBO/BCE: BE 0782.709.331

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 3 November 2026.

Annual accounts 2024 filed on 15-07-2025 PDF all 3 filings

Turnover
≈ €160,000
Estimated: probably between €75,000 and €390,000
Total assets
€44,881▲ 32.2%
2023 · €33,944
Net result
€9,679
2023 · -€2,653
Working capital
€6,397▲ 10.5%
2023 · €5,791
Multi-year overview
2022 to 2024, 3 financial years
Operating result
€12,744
2024
20222024
Net result
€9,679
2024
middle half of the sector
20222024
Equity
€22,177
▲ 77.4% 2024
middle half of the sector
20222024
Total assets
€44,881
▲ 32.2% 2024
lowest quarter of the sector
20222024
Debt
€22,704
▲ 5.9% 2024
20222024
Working capital
€6,397
▲ 10.5% 2024
middle half of the sector
20222024
Solvency
49.4%
▲ 12.6pp 2024
middle half of the sector
20222024
Current ratio
1.28
▼ 0.05 2024
middle half of the sector
20222024
Return on assets (ROA)
21.6%
▲ 29.4pp 2024
middle half of the sector
20222024
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line202220232024
Operating result€16,237--€1,761€12,744
Net result€12,151within the sector's middle half--€2,653below the sector's middle half€9,679within the sector's middle half
Equity€15,151below the sector's middle half-€12,498below the sector's middle half▼ 17.5%€22,177within the sector's middle half▲ 77.4%
Total assets€38,612below the sector's middle half-€33,944below the sector's middle half▼ 12.1%€44,881below the sector's middle half▲ 32.2%
Debt€23,460-€21,446▼ 8.6%€22,704▲ 5.9%
Working capital€12,338within the sector's middle half-€5,791within the sector's middle half▼ 53.1%€6,397within the sector's middle half▲ 10.5%
Solvency39.2%within the sector's middle half-36.8%within the sector's middle half▼ 2.4pp49.4%within the sector's middle half▲ 12.6pp
Current ratio1.98within the sector's middle half-1.34within the sector's middle half▼ 0.641.28within the sector's middle half▼ 0.05
Return on assets (ROA)31.5%above the sector's middle half--7.8%below the sector's middle half▼ 39.3pp21.6%within the sector's middle half▲ 29.4pp
above within below The sector band is the middle half of the companies in Repair, maintenance and installation of machinery and equipment (NACE 33). 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 operating result for 2024 is a profit of €12,744, after a loss of €1,761 in 2023.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €44,881
Fixed assets €15,931 ▲ 44.6%
Current assets €28,951 ▲ 26.3%
Equity and liabilities €44,881
Equity €22,177 ▲ 77.4%
Debt €22,704 ▲ 5.9%
Debt's share of the balance-sheet total falls from 63.2% to 50.6%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€20,849▲
2023 · €5,218
Cash flow
€17,785▲
2023 · €4,325
Debt to equity
1.02▼
2023 · 1.72
ROE
43.6%▲
2023 · -21.2%
Interest coverage
24.65▲
2023 · 5.53
Debt ≤ 1 year
€22,554▲
2023 · €17,135
Debt > 1 year
€0▼
2023 · €4,211
Income taxes
€2,218▲
2023 · €0
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item202220232024
Tangible fixed assets€19,000€4,334€13,018
Intangible fixed assets€2,756--
Depreciation and write-downs of the year€8,093€6,979€8,106

Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2023 · 1 entry · €89 awarded · €89 paid
Schemes
1 entry · €89 · €89 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€33,944€44,881▲
Fixed assets21/28€11,018€15,931▲
Tangible fixed assets22/27€11,018€15,931▲
Plant, machinery and equipment23€4,152€14,997▲
Leasing and similar rights25€6,867€934▼
Current assets29/58€22,926€28,951▲
Stocks and contracts in progress3€3,798€0▼
Contracts in progress37€3,798€0▼
Amounts receivable within one year40/41€3,752€20,477▲
Trade receivables40€3,752€18,010▲
Other amounts receivable41-€2,467
Cash at bank and in hand54/58€13,835€6,962▼
Deferred charges and accrued income490/1€1,540€1,512▼
Equity and liabilities
Total equity and liabilities10/49€33,944€44,881▲
Equity10/15€12,498€22,177▲
Contributions10/11€3,000€3,000=
Reserves13€12,151€19,177▲
Distributable reserves133€12,151€19,177▲
Profit (loss) carried forward14-€2,653€0▲
Amounts payable17/49€21,446€22,704▲
Amounts payable after more than one year17€4,211€0▼
Financial debts170/4€4,211€0▼
Amounts payable within one year42/48€17,135€22,554▲
Current portion of amounts payable after more than one year42€4,808€4,211▼
Trade debts44€4,329€12,223▲
Suppliers440/4€4,329€12,223▲
Taxes, remuneration and social security45€5,317€2,951▼
Taxes450/3€5,317€2,951▼
Other amounts payable47/48€2,681€3,169▲
Accrued charges and deferred income492/3€100€150▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,979€8,106▲
Other operating charges640/8€789€667▼
Gross operating margin9900€6,007€21,516▲
Operating profit (loss)9901-€1,761€12,744▲
Financial income75/76B€50€0▼
Recurring financial income75€50€0▼
Financial charges65/66B€943€846▼
Recurring financial charges65€943€846▼
Profit (loss) for the period before taxes9903-€2,653€11,898▲
Income taxes67/77€0€2,218▲
Profit (loss) for the period9904-€2,653€9,679▲
Profit (loss) for the period to be appropriated9905-€2,653€9,679▲
Appropriation of the result
Profit (loss) to be appropriated9906-€2,653€7,026▲
Profit (loss) brought forward from the previous period14P--€2,653
Transfer to equity691/2€0€7,026▲
To other reserves6921€0€7,026▲

The notes to these accounts have 6 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 15-07-2025.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,093€6,979€8,106▲ 16.2%
Other operating charges640/8€1,044€789€667▼ 15.5%
Gross operating margin9900€25,374€6,007€21,516▲ 258%
Operating profit (loss)9901€16,237-€1,761€12,744-
Financial income75/76B€0€50€0▼ 100%
Recurring financial income75€0€50€0▼ 100%
Financial charges65/66B€888€943€846▼ 10.3%
Recurring financial charges65€888€943€846▼ 10.3%
Profit (loss) for the period before taxes9903€15,349-€2,653€11,898-
Income taxes67/77€3,197€0€2,218-
Profit (loss) for the period9904€12,151-€2,653€9,679-
Profit (loss) for the period to be appropriated9905€12,151-€2,653€9,679-
Line202220232024Change
Assets
Total assets20/58€38,612€33,944€44,881▲ 32.2%
Fixed assets21/28€13,663€11,018€15,931▲ 44.6%
Tangible fixed assets22/27€13,663€11,018€15,931▲ 44.6%
Plant, machinery and equipment23€863€4,152€14,997▲ 261%
Leasing and similar rights25€12,800€6,867€934▼ 86.4%
Current assets29/58€24,949€22,926€28,951▲ 26.3%
Stocks and contracts in progress3-€3,798€0▼ 100%
Contracts in progress37-€3,798€0▼ 100%
Amounts receivable within one year40/41€11,763€3,752€20,477▲ 446%
Trade receivables40€11,763€3,752€18,010▲ 380%
Other amounts receivable41--€2,467-
Cash at bank and in hand54/58€13,153€13,835€6,962▼ 49.7%
Deferred charges and accrued income490/1€33€1,540€1,512▼ 1.9%
Equity and liabilities
Total equity and liabilities10/49€38,612€33,944€44,881▲ 32.2%
Equity10/15€15,151€12,498€22,177▲ 77.4%
Contributions10/11€3,000€3,000€3,000=
Reserves13€12,151€12,151€19,177▲ 57.8%
Distributable reserves133€12,151€12,151€19,177▲ 57.8%
Profit (loss) carried forward14--€2,653€0-
Amounts payable17/49€23,460€21,446€22,704▲ 5.9%
Amounts payable after more than one year17€10,499€4,211€0▼ 100%
Financial debts170/4€10,499€4,211€0▼ 100%
Amounts payable within one year42/48€12,611€17,135€22,554▲ 31.6%
Current portion of amounts payable after more than one year42€4,555€4,808€4,211▼ 12.4%
Trade debts44€1,226€4,329€12,223▲ 182%
Suppliers440/4€1,226€4,329€12,223▲ 182%
Taxes, remuneration and social security45€6,804€5,317€2,951▼ 44.5%
Taxes450/3€6,804€5,317€2,951▼ 44.5%
Other amounts payable47/48€26€2,681€3,169▲ 18.2%
Accrued charges and deferred income492/3€350€100€150▲ 50.0%
Line202220232024Change
Profit (loss) for the period9904€12,151-€2,653€9,679-
+ Depreciation and write-downs630€8,093€6,979€8,106▲ 16.2%
Operating cash flow (approximation)€20,245€4,325€17,785▲ 311%
Investment in fixed assets (approximation)--€4,334-€13,018▼ 200%
Change in cash-€682-€6,874-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 39,278 companies had the same profile as SVL Technical Supporting has now. Two years later, 95.9% were still going and 1.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
95.9% was still going
2.3% stopped otherwise
1.8% went bankrupt

The bankruptcy probability of SVL Technical Supporting itself is higher: 2.9% within 12 months. It rests on far more data about SVL Technical Supporting than the profile alone.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 39,278 companies, not a prediction for SVL Technical Supporting. 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.

Filings with the National Bank (3)
Financial year Type Filed Reference Document
31-12-2024 micro format 15-07-2025 2025-00274600 PDF
31-12-2023 micro format 25-07-2024 2024-00281625 PDF
31-12-2022 micro format 04-07-2023 2023-00202986 PDF

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