Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
SVG Construct from Hasselt, company number BE0744929415, closed financial year 2023 with a result of € 57,964 after tax. For that financial year SVG Construct recorded a gross margin of € 255,970 and equity of € 224,099. Compared with financial year 2022, the result moved from € 69,585 to € 57,964. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2024.
€ 224,099
▲ 35% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 57,964
▼ 17% vs 2022
Profit after tax over the fiscal year.
€ 67,375
▲ € 63,568 vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 204,099.
People and assets in 2023
1.5
Average over the fiscal year, from the social balance sheet.
€ 47,825
▲ 115% vs 2022
€ 31,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 20,980
▲ 63% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 169,396
▲ 8% vs 2022
€ 11,390 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 593,401
▲ 197% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 42,526
▼ 18% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 418,723 | € 184,307 | € 255,970 | ▲ 39% |
| Profit after taxes | € 276,550 | € 69,585 | € 57,964 | ▼ 17% |
| Equity | € 96,550 | € 166,135 | € 224,099 | ▲ 35% |
| Total debts | € 727,247 | € 684,434 | € 1,019,938 | ▲ 49% |
| Cash | € 61,176 | € 3,807 | € 67,375 | ▲ € 63,568 |
| Retained profit | € 76,550 | € 146,135 | € 204,099 | ▲ 40% |
| Dividend | € 200,000 | € 0 | € 0 | |
| Bank debt | € 43,192 | € 157,224 | € 169,396 | ▲ 8% |
| Balance sheet total | € 823,797 | € 850,570 | € 1,244,038 | ▲ 46% |
| Employees (FTE) | 0.5 | - | 1.5 |
Key figures of SVG Construct, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to SVG Construct?
What happened at SVG Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SVG Construct is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 57,964 (▼ 17% vs 2022). filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 276,550 profit in 2021 to € 57,964 profit in 2023.
Paid € 77,476 in corporate taxes since 2021.
Best year ever: 2021, with € 276,550 profit.
On average € 170,600 of value added per employee in 2023.
A new publication or filing at SVG Construct? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2023 annual accounts
Director · represented by Gery Vanhamel
Establishments
Establishment units
Physical locations of this company
Ilgatlaan 9
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
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€ 1 million gross margin · 2025
HBJ - TECHNICS
€ -2,906 gross margin · 2025
BITZER BENELUX
€ 218,927 gross margin · 2024
THE NETWORK HOLDING
€ -19,303 gross margin · 2025
+24 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0744.929.415
- VAT number
- BE 0744.929.415
- Registered office
- Ilgatlaan 9, 3500 Hasselt
- Names & denominations
- SVG Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 10 March 2020
- Peppol
- Active · Active since 16 Mar 2026
- Activities · NACE
Installatie van isolatie
Isolatiewerkzaamheden
Bouwrijp maken van terreinen
Groothandel in installatiemateriaal voor loodgieterswerk en verwarming
Overige werkzaamheden in verband met de afwerking van gebouwen
Installatie van industriële machines, toestellen en werktuigen
Coating van metalen
Oppervlaktebehandeling van metalen