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SVTech

Active Private limited companyfounded 2023active for 2 yearsRue des Bergeries 7, 5650 WalcourtKBO/BCE: BE 1002.689.295

Lifetime

1 annual account with figures
peak €87,079 (2024)
€87,079 
peak €63,800 (2024)
€63,800 
peak €67,800 (2024)
€67,800 
€103,096 
Board1 name since 2023
1 director
Documentsfilings and deeds
28-08-202528 days late
2024micro format
First year with figures

Key points

from the 2024 annual accounts

Turnover

≈ €340,000 estimated

The micro format states no turnover.

Position in the sector

€63,800

Higher net result than 90% of companies in specialised construction. Sector median €9,467 · 35,926 companies.

2024 accounts filed 28 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 39,274 companies had the same profile as SVTech has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 39,274 companies, not a prediction for SVTech. 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.

Credit verdict

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Signals

Board and ownership

Director
  • 100 sharesdeed of 29-11-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1002689295
Incorporation Founding capital of €4,000, 100 shares · Founder: (comparant) · Appointment: (director) · published on 29-11-2023 · Gazette deed
First establishment Rue des Bergeries 7, Walcourt
All 4 events

Comparable companies

same main activity, similar in size and age
Company
SVTech Walcourt €170,897 €87,079 39.7% -
JL-ELECTRICITE Walcourt €170,418 €73,429 78.8% -
JOINE DAMIEN La Bruyère €166,985 €101,217 1.8% -
LAFO ENERGIE Braine-le-Château €167,693 €83,756 76.9% -
Declercq Elektrotechniek Tielt €182,635 €90,253 30.0% -
Immo LO Antwerp €178,976 €90,346 25.3% -
DC Recruitment Kortrijk €170,333 €89,668 57.8% -

These companies have the same main activity as SVTech: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €167,000 and €183,000, founded between 2023 and 2024.

Official details

Source: KBO
Status
Active since 27-11-2023Normal situation
Activity
General electrical installation workNACE 43211and 5 others
Establishment unit
2.354.522.0755650 Walcourt, since 27-11-2023
Financial year end
31 December
Peppol
Reachable since 28-11-2025
Company details

Annual accounts 2024

€170,897
Filing
Filed on 28-08-2025
Financials

Insights on SVTech

The 2024 annual accounts show equity of €67,800 and a net result of €63,800. Its solvency ranks better than 42% of 35,957 sector peers (NACE 43, financial year 2024).

The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SVTech

What is the company number of SVTech?
The company number of SVTech is 1002.689.295. The VAT number is the same number with BE in front: BE 1002.689.295.
Where is SVTech based?
The registered office is at Rue des Bergeries 7, 5650 Walcourt.Company details
What does SVTech do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of SVTech?
SVTech is a private limited company (BV).
When was SVTech founded?
SVTech was founded on 27-11-2023.
Is SVTech still active?
Yes, SVTech is an active enterprise in the KBO register.
What is the turnover of SVTech?
The turnover in financial year 2024 is ≈ €340,000. This figure is estimated from the gross margin of €87,079 and 40 comparable companies (NACE 43211). It probably lies between €210,000 and €540,000.Financials
Is SVTech profitable?
In financial year 2024, SVTech made a profit of €63,800.
Where can I find the annual accounts of SVTech?
SVTech filed 1 annual account with the National Bank of Belgium, for financial year 2024.

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