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SVV

Active
Private limited companyfounded 20242 yrs active't Walletje 59, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 1009.348.346
Summary

The computed 12-month bankruptcy probability of SVV is 3.1% (moderate). The 2024 annual accounts show equity of €245,805 and a net result of €240,805. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability95
Solvency46
Growth-
Track record67
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.27; short-term debt: 78.8% and cash: 17.5% of total assets), and 78.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
56 d early
2024
25 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 14 May 2024, SVV was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, abbreviated schema

Equity
€245,805
Total assets
€1.2m
Net result
€240,805
Working capital
€245,070

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Equity and liabilities €1.2m
Equity €245,805
Debt €913,615
Debt finances 78.8% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€317,757
Cash flow
€241,947
Current ratio
1.27
Debt to equity
3.72
ROE
98.0%
ROA
20.8%
Interest coverage
490.81
Debt ≤ 1 year
€913,615
Income taxes
€75,163
Staff costs
€334,810

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% 1.0%
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% 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 7,976 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 · 34 lines
Balance sheet Code2024
Assets
Total assets20/58€1.2m
Formation expenses20€735
Current assets29/58€1.2m
Amounts receivable within one year40/41€948,916
Trade receivables40€473,143
Other amounts receivable41€475,773
Cash at bank and in hand54/58€202,776
Deferred charges and accrued income490/1€6,994
Equity and liabilities
Total equity and liabilities10/49€1.2m
Equity10/15€245,805
Contributions10/11€5,000
Reserves13€240,805
Distributable reserves133€240,805
Amounts payable17/49€913,615
Amounts payable within one year42/48€913,615
Trade debts44€790,243
Suppliers440/4€790,243
Taxes, remuneration and social security45€123,372
Taxes450/3€70,980
Remuneration and social security454/9€52,392
Income statement Code2024
Remuneration, social security and pensions62€334,810
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,142
Other operating charges640/8€488
Gross operating margin9900€653,055
Operating profit (loss)9901€316,615
Financial charges65/66B€647
Recurring financial charges65€647
Profit (loss) for the period before taxes9903€315,967
Income taxes67/77€75,163
Profit (loss) for the period9904€240,805
Profit (loss) for the period to be appropriated9905€240,805
Appropriation of the result
Profit (loss) to be appropriated9906€240,805
Transfer to equity691/2€240,805
To other reserves6921€240,805

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€334,810
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,142
Other operating charges640/8€488
Gross operating margin9900€653,055
Operating profit (loss)9901€316,615
Financial charges65/66B€647
Recurring financial charges65€647
Profit (loss) for the period before taxes9903€315,967
Income taxes67/77€75,163
Profit (loss) for the period9904€240,805
Profit (loss) for the period to be appropriated9905€240,805
Line2024
Assets
Total assets20/58€1.2m
Formation expenses20€735
Current assets29/58€1.2m
Amounts receivable within one year40/41€948,916
Trade receivables40€473,143
Other amounts receivable41€475,773
Cash at bank and in hand54/58€202,776
Deferred charges and accrued income490/1€6,994
Equity and liabilities
Total equity and liabilities10/49€1.2m
Equity10/15€245,805
Contributions10/11€5,000
Reserves13€240,805
Distributable reserves133€240,805
Amounts payable17/49€913,615
Amounts payable within one year42/48€913,615
Trade debts44€790,243
Suppliers440/4€790,243
Taxes, remuneration and social security45€123,372
Taxes450/3€70,980
Remuneration and social security454/9€52,392
Line2024
Profit (loss) for the period9904€240,805
+ Depreciation and write-downs630€1,142
Operating cash flow (approximation)€241,947

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
05-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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
Registered office, Knokke-Heist · 2 establishment units since 2024
seat establishment All 2 establishment units on the map
Ground area
12.9 ha
Building footprint
5.6 ha
Volume, LiDAR
414,575 m³
3 parcels, Flanders · tallest building 18.3 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
2 establishment units
MR.GEORGES Overijse
Brusselsesteenweg 399, 3090 OverijseManufacture of food products
since 20242.359.444.826
MR.GEORGES Waasland
Kapelstraat 100, 9100 Sint-NiklaasManufacture of food products
since 20242.359.445.123
3 parcels
Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46445D1155/00R000 Flanders 10.8 ha 1 · 5.0 ha 18.2 m · 2 fl.
23062M0731/00P000 Flanders 1.8 ha 1 · 5,042 m² 14.8 m · 2 fl.
31039F0138/00C002 Flanders 3,262 m² 1 · 942 m² 7.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

2 sites
Overijse2.359.444.826
1 permission
Toelating · Vleeswinkel · since 25-06-2024
Sint-Niklaas2.359.445.123
1 permission
Toelating · Vleeswinkel · since 25-06-2024

Similar companies · same sector, comparable size

Of 445 companies in sector 10850 we hold annual accounts for 173. 105 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
10850Manufacture of food products
47110Non-specialised retail sale with food, beverages or tobacco predominating
46190Agents in non-specialised wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:1009348346
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.