SVN
Open bankruptcyA bankruptcy procedure is open for SVN according to publications in the Belgian State Gazette.
No longer registered with the KBO; last annual accounts for fiscal year 2015.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 30-09-2015. Since then, 10 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
30-09-2016 close30-04-2017 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2015 was due by 30-04-2016 and was filed on 04-01-2016, 117 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Financials · fiscal year 2015, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€0
2014 · €0
2012: €136k
2014: €0
2012 → 2015
EBIT margin
11.5%
Net result
€18k=
2014 · €18k
2012: €19k
2013: €1k
2014: €18k
2012 → 2015
Working capital
€55k▲ 29.6%
2014 · €42k
2012: €19k
2013: €21k
2014: €42k
2012 → 2015
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2012201320142015Trend
Turnover€136k-€0€0
Equity€25k-€26k▲ 4.6%€44k▲ 70.6%€55k▲ 24.9%
Operating result€16k-€-832€36k€36k=
Net result€19k-€1k▼ 93.8%€18k▲ 1,493%€18k=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays at €36k in 2015, level with 2014.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €74k
Fixed assets
€2k▼ 57.8%
Current assets
€72k▲ 20.8%
Equity and liabilities €73k
Equity
€55k▲ 24.9%
Debt
€18k=
The debt ratio falls from 28.6% to 24.3%. Equity is higher.
Key figures and ratios
EBITDA
€38k▼
2014 · €39k
Cash flow
€21k▼
2014 · €22k
Solvency
76.2%▲
2014 · 71.4%
Current ratio
4.09▲
2014 · 3.38
Quick ratio
4.09▲
2014 · 3.38
ROE
33.1%▼
2014 · 41.4%
ROA
25.3%▼
2014 · 29.5%
Debt
€18k=
2014 · €18k
Debt ≤ 1 year
€18k=
2014 · €18k
Income taxes
€18k=
2014 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2015 against 2014
Balance sheet
Code20142015
Assets
Total assets20/58€62k€72k▲
Formation expenses20€702€390▼
Fixed assets21/28€5k€2k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€4k€2k▼
Financial fixed assets28€0€0=
Current assets29/58€60k€72k▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€57k€57k=
Current investments50/53€0€0=
Cash at bank and in hand54/58€3k€27k▲
Equity and liabilities
Total equity and liabilities10/49€62k€72k▲
Equity10/15€44k€55k▲
Contributions10/11€6k€6k=
Reserves13€20k€31k▲
Profit (loss) carried forward14€18k€18k=
Amounts payable17/49€18k€18k=
Amounts payable within one year42/48€18k€18k=
Trade debts44€359€242▼
Income statement
Code20142015
Turnover70€0€0=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Gross operating margin9900€40k€40k=
Operating profit (loss)9901€36k€36k=
Recurring financial income75€3k€3k=
Recurring financial charges65€2k€2k=
Profit (loss) for the period before taxes9903€36k€36k=
Income taxes67/77€18k€18k=
Profit (loss) for the period9904€18k€18k=
Profit (loss) for the period to be appropriated9905€18k€18k=
Appropriation of the result
Return on contributions (dividend)694€0€0=
Timeline · acts, filings and financial milestones
2024
30-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · SVN BV VELDHOVEN 18, 2200 HERENTALS · event 24-09-2024
2016
04-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
21-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 113 days late
2014
20-02
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
30-09
Financial
Weakest financial yearnet €1k ▼93.8%
Net result drops to €1k, the lowest in the series.
25-02
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | KRISTOF BENIJTS BOVENRIJ 76, 2200 HERENTALS- |
24-09-2024 → present |
| Curator | PHILIP SOMERS BOVENRIJ 76,
2200 HERENTALS |
24-09-2024 → present |