VASTGOED SVENA
ActiveSummary
VASTGOED SVENA has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €131k and a net result of €34k. Equity is shrinking by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 43% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-8
Solvency48▼-2
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.29 in 2023; short-term debt: 76.8% and cash: 34.2% of total assets), and 77% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €131k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
142 d late
2022
5 d early
2021
12 d early
2020
31 d late
2019
89 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€131k▲ 34.8%
2023 · €97k
2018: €250k
2019: €268k
2020: €180k
2021: €193k
2022: €50k
2023: €97k
2018 → 2024
Total assets
€568k▲ 44.1%
2023 · €394k
2018: €607k
2019: €515k
2020: €478k
2021: €506k
2022: €315k
2023: €394k
2018 → 2024
Net result
€34k▼ 28.5%
2023 · €47k
2018: €35k
2019: €41k
2020: €18k
2021: €54k
2022: €-22k
2023: €47k
2018 → 2024
Working capital
€120k▲ 39.9%
2023 · €86k
2018: €236k
2019: €258k
2020: €166k
2021: €181k
2022: €41k
2023: €86k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€180k-€193k▲ 7.4%€50k▼ 74.2%€97k▲ 94.8%€131k▲ 34.8%
Operating result€33k-€92k▲ 183%€-5k€84k€68k▼ 19.2%
Net result€18k-€54k▲ 208%€-22k€47k€34k▼ 28.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 19% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €568k
Fixed assets
€12k ▼ 13.3%
Current assets
€556k ▲ 46.3%
Equity and liabilities €568k
Equity
€131k ▲ 34.8%
Debt
€437k ▲ 47.2%
Debt's share of the balance-sheet total rises from 75.4% to 77.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€73k▼
2023 · €88k
Cash flow
€39k▼
2023 · €52k
Current ratio
1.27▼
2023 · 1.29
Debt to equity
3.34▲
2023 · 3.06
ROE
25.8%▼
2023 · 48.7%
ROA
5.9%▼
2023 · 12.0%
Interest coverage
6.65▼
2023 · 10.97
Debt ≤ 1 year
€436k▲
2023 · €294k
Debt > 1 year
€1k▼
2023 · €3k
Income taxes
€23k▼
2023 · €29k
Staff costs
€61k▲
2023 · €60k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€394k€568k▲
Fixed assets21/28€14k€12k▼
Tangible fixed assets22/27€14k€12k▼
Furniture and vehicles24€557€371▼
Leasing and similar rights25€6k€5k▼
Other tangible fixed assets26€8k€6k▼
Financial fixed assets28€100€100=
Current assets29/58€380k€556k▲
Amounts receivable within one year40/41€283k€358k▲
Trade receivables40€127k€215k▲
Other amounts receivable41€157k€143k▼
Cash at bank and in hand54/58€93k€195k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€394k€568k▲
Equity10/15€97k€131k▲
Contributions10/11€6k€6k=
Reserves13€93k€127k▲
Distributable reserves133€93k€127k▲
Profit (loss) carried forward14€-2k€-2k=
Amounts payable17/49€297k€437k▲
Amounts payable after more than one year17€3k€1k▼
Financial debts170/4€3k€1k▼
Amounts payable within one year42/48€294k€436k▲
Current portion of amounts payable after more than one year42€3k€4k▲
Trade debts44€168k€278k▲
Suppliers440/4€168k€278k▲
Taxes, remuneration and social security45€124k€154k▲
Taxes450/3€108k€137k▲
Remuneration and social security454/9€16k€17k▲
Income statement
Code20232024
Non-recurring operating income76A€13k-
Remuneration, social security and pensions62€60k€61k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€18k€16k▼
Gross operating margin9900€167k€150k▼
Operating profit (loss)9901€84k€68k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€8k€11k▲
Recurring financial charges65€8k€11k▲
Profit (loss) for the period before taxes9903€76k€57k▼
Income taxes67/77€29k€23k▼
Profit (loss) for the period9904€47k€34k▼
Profit (loss) for the period to be appropriated9905€47k€34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€32k▼
Profit (loss) brought forward from the previous period14P€-13k€-2k▲
Transfer to equity691/2€36k€34k▼
To other reserves6921€36k€34k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Equity above €100kEq €131k ▲34.8%
2 profitable years in a row build equity to €131k.
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 142 days late
2023
31-12
Financial
Back to profitnet €47k
Net result €47k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-22k ▼140%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €54k ▲208%
Operating result €92k, net result €54k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 151 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial 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
Registered office, Geraardsbergen · 1 establishment unit since 2010
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.
Onkerzelestraat(Onk) 2729500 GeraardsbergenGround area
726 m²
Building footprint
169 m²
Volume, LiDAR
937 m³
Parcel 41050A0206/00N000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VASTGOED SVENA
since 20102.185.726.140
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41050A0206/00N000 | Flanders | 726 m² | 1 · 169 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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IMMO BOSMANS
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URBAN2B
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BIOCITY
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Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 5,248 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-03-2010
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.