Equity
€7.0m ▲ 6.5%
SVH Services has made a profit without a break since 2021.
SVH Services
Lifetime
18 annual accounts with figures on one time axis, 48 filings since 1977peak €20.9m (2020)
-not published
lowest -€4.2m (2020)
€429,776▲ 90.0%
peak €7.0m (2025)
€7.0m▲ 6.5%
€68,650▼ 97.8%
peak 32.1 FTE (2017)
0 FTE
Board2 names since 2017
1 directorSVH
Owners3 names in the annual accounts
99.9%SVH
Documentsfilings and deeds
28-04-20262 days before the deadline
2025abbreviated format
Gross margin from -€120,906 to €500,854Result from €226,144 to €429,776Debts from €3.1m to €68,650Cash from €873,270 to €507,896
Key points
from the 2025 annual accountsResult
€429,776 ▲ 90.0%
The result rose in 2025: mostly from a one-off income of €772,251.
Position in the sector
€7.0m
More equity than 95% of companies in fabricated metal products. Sector median €441,307 · 1,244 companies.
Checked score
96
Excellent
Financially stronger than 71% of small companies in fabricated metal products (NACE 25)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 748 companies (NACE 25, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.4%▲ +0.2 percentage points vs 12-2024
02-2025: 0.5%▲ +0.1 percentage points vs 01-2025
03-2025: 0.4%▼ -0.1 percentage points vs 02-2025
04-2025: 0.5%▲ +0.1 percentage points vs 03-2025highest value
05-2025: 0.1%▼ -0.4 percentage points vs 04-2025lowest value
06-2025: 0.1%● unchanged vs 05-2025lowest value
07-2025: 0.1%● unchanged vs 06-2025lowest value
08-2025: 0.1%● unchanged vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.1%▼ -0.1 percentage points vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Liquidity: current ratio 109.94, cash €507,896
lowers risk
Size: total assets €7.7m
Figures for financial year 2025 (filed on 30-04-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, small). It does better than 94% of them on solvency, 71% on liquidity, 63% on profitability and 58% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,579 companies had the same profile as SVH Services has now. Each dot stands for 4 companies, two years later.
96.7%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
That fits the bankruptcy probability of SVH Services itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 1,579 companies, not a prediction for SVH Services. 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
Credit of up to €650,000 on 30-day terms is acceptable
Short-term debt is 0.9% and cash 6.6% of total assets. 9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 days early
2024
2 days early
2023
43 days early
2022
on the day
2021
1 day early
2020
5 days late
2018
35 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 April (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end07-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0405226012
Registered office moved from Pittem to Kortrijk
New registered office: President Kennedypark 31a, bus 2, 8500 Kortrijk · Previous registered office: Meulebekestraat 13, 8740 Pittem · Resignation: Allied Development Industries (director) · Board meeting of 03-10-2024 · Gazette deed
Environmental permit granted
Verwijderen van vrijstaande gebouwen · Pittem
Company renamed from FERAXO to SVH Services
“De fabricatie en commercialisatie van metallieke- en eventueel kunststof- verpakkingen allerhande, onder welke…” (deed in Dutch) · General meeting of 09-12-2020 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as SVH Services: manufacture of fabricated metal products, except machinery and equipment (NACE 25999). They are comparable in size and age: total assets between €3.6m and €9.9m, founded between 1936 and 1987.
Official details
Source: KBO- Status
- Active since 17-09-1965Normal situation
- Activity
- Manufacture of fabricated metal products, except machinery and equipmentNACE 25999
- Establishment unit
- 2.000.670.7288500 Kortrijk, since 01-05-1965
- Financial year end
- 30 September
- Peppol
- Reachable since 23-01-2026
Annual accounts to 30-09-2025
- ≈ €1.2mestimated
- €7.7m▼ 25.2%
- Filing
- Filed on 28-04-2026, 2 days before the end of the filing period
Insights on SVH Services
SVH Services has existed since 1965. Turnover fell from €20.9m in 2020 to €1.4m in 2021. The previous financial year ran 21 months, this one 12.
Solvency rose in 2025 from 63.9% to 91.0% because of the retained profit and lower debts.
SVH holds all the shares.
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 SVH Services
- What is the company number of SVH Services?
- The company number of SVH Services is 0405.226.012. The VAT number is the same number with BE in front: BE 0405.226.012.
- Where is SVH Services based?
- The registered office is at President Kennedypark 31a, 8500 Kortrijk.Company details
- What does SVH Services do?
- According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25999).
- What is the legal form of SVH Services?
- SVH Services is a public limited company (NV).
- When was SVH Services founded?
- SVH Services was founded on 17-09-1965.
- Is SVH Services still active?
- Yes, SVH Services is an active enterprise in the KBO register.
- How many employees does SVH Services have?
- SVH Services had an average of 25.2 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of SVH Services?
- The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €500,854 and 2,275 comparable companies of the same size. It probably lies between €710,000 and €2.0m. It is a rough estimate. In financial year 2021 turnover was €1.4m.
- Is SVH Services profitable?
- In financial year 2025, SVH Services made a profit of €429,776.
- Where can I find the annual accounts of SVH Services?
- SVH Services filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SVH Services due?
- SVH Services must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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