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SVTech

Active
Private limited companyfounded 2023active for 2 yearsRue des Bergeries(Wal) 7, 5650 Walcourt, BelgiumKBO/BCE: BE 1002.689.295
Summary

The computed 12-month bankruptcy probability of SVTech is 3.1% (moderate). The 2024 annual accounts show equity of €67,800 and a net result of €63,800. Its solvency ranks better than 42% of 35,972 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.

Financials · financial year 2024, micro format

2024 annual accounts filed late (28 days) Filed on 28 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00423001.

Turnover
≈ €320,000
Estimated: probably between €210,000 and €520,000
Total assets
€170,897
Net result
€63,800
Working capital
€20,180

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

Balance-sheet composition
Assets €170,897
Fixed assets €54,655
Current assets €116,242
Equity and liabilities €170,897
Equity €67,800
Debt €103,096
Debt finances 60.3% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€86,277
Cash flow
€64,191
Current ratio
1.21
Debt to equity
1.52
ROE
94.1%
ROA
37.3%
Interest coverage
over 100
Debt ≤ 1 year
€96,062
Income taxes
€22,078

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

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

For this company itself Checked computes a higher bankruptcy probability: 3.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 36 lines
Balance sheet Code2024
Assets
Total assets20/58€170,897
Fixed assets21/28€54,655
Tangible fixed assets22/27€53,455
Plant, machinery and equipment23€822
Furniture and vehicles24€52,633
Financial fixed assets28€1,200
Current assets29/58€116,242
Amounts receivable within one year40/41€54,639
Trade receivables40€44,436
Other amounts receivable41€10,203
Cash at bank and in hand54/58€36,603
Deferred charges and accrued income490/1€25,000
Equity and liabilities
Total equity and liabilities10/49€170,897
Equity10/15€67,800
Contributions10/11€4,000
Profit (loss) carried forward14€63,800
Amounts payable17/49€103,096
Amounts payable within one year42/48€96,062
Trade debts44€72,710
Suppliers440/4€72,710
Taxes, remuneration and social security45€22,475
Taxes450/3€22,078
Remuneration and social security454/9€397
Other amounts payable47/48€876
Accrued charges and deferred income492/3€7,035
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€391
Other operating charges640/8€803
Gross operating margin9900€87,079
Operating profit (loss)9901€85,886
Financial charges65/66B€8
Recurring financial charges65€8
Profit (loss) for the period before taxes9903€85,878
Income taxes67/77€22,078
Profit (loss) for the period9904€63,800
Profit (loss) for the period to be appropriated9905€63,800
Appropriation of the result
Profit (loss) to be appropriated9906€63,800

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€391
Other operating charges640/8€803
Gross operating margin9900€87,079
Operating profit (loss)9901€85,886
Financial charges65/66B€8
Recurring financial charges65€8
Profit (loss) for the period before taxes9903€85,878
Income taxes67/77€22,078
Profit (loss) for the period9904€63,800
Profit (loss) for the period to be appropriated9905€63,800
Line2024
Assets
Total assets20/58€170,897
Fixed assets21/28€54,655
Tangible fixed assets22/27€53,455
Plant, machinery and equipment23€822
Furniture and vehicles24€52,633
Financial fixed assets28€1,200
Current assets29/58€116,242
Amounts receivable within one year40/41€54,639
Trade receivables40€44,436
Other amounts receivable41€10,203
Cash at bank and in hand54/58€36,603
Deferred charges and accrued income490/1€25,000
Equity and liabilities
Total equity and liabilities10/49€170,897
Equity10/15€67,800
Contributions10/11€4,000
Profit (loss) carried forward14€63,800
Amounts payable17/49€103,096
Amounts payable within one year42/48€96,062
Trade debts44€72,710
Suppliers440/4€72,710
Taxes, remuneration and social security45€22,475
Taxes450/3€22,078
Remuneration and social security454/9€397
Other amounts payable47/48€876
Accrued charges and deferred income492/3€7,035
Line2024
Profit (loss) for the period9904€63,800
+ Depreciation and write-downs630€391
Operating cash flow (approximation)€64,191

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 28-08-2025 2025-00423001

Similar companies · same sector, comparable size

Of the 22,639 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,550. 8,917 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.