What does SV MOTORS do?

SV MOTORS is a market trader in Menen. Private Limited, started on 21 February 2023, 1 establishment.

What is the address of SV MOTORS?

The registered office of SV MOTORS is located at Dronckaertstraat 531, 8930 Menen.

Is SV MOTORS still active?

Yes. According to the CBE (31 October 2026) SV MOTORS is active, legal situation “Normale toestand”, started on 21 February 2023.

Is SV MOTORS registered on Peppol?

Yes, SV MOTORS is registered on the Peppol network with ID 0208:0798689585.

What is the enterprise number of SV MOTORS?

The enterprise number of SV MOTORS is BE0798689585.

When was SV MOTORS founded?

SV MOTORS was founded on 21 February 2023.

Who are the directors of SV MOTORS?

According to the 2024 annual accounts, the directors of SV MOTORS are: Simon Vanhoenacker.

Is SV MOTORS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 February 2023; 2 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did SV MOTORS make in 2024?

SV MOTORS recorded a loss after taxes of € 7,521 in financial year 2024.

What is the revenue of SV MOTORS?

As a small company, SV MOTORS is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 219.

SV MOTORS (Private Limited) - Menen - BE0798689585

Dossier SV MOTORS, printed on 31 October 2026 from databakkes.be/en/0798689585/sv-motors. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 2 of the last 2 fiscal years.
Two loss years in a row NBB

Negative result in 2023 and 2024.
Tight liquidity NBB

Cash and receivables cover 28 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

SV MOTORS from Menen, company number BE0798689585, closed financial year 2024 with a result of € -7,521 after tax. For that financial year SV MOTORS recorded a gross margin of € 219 and equity of € -18,254. Compared with financial year 2023, the result moved from € -20,733 to € -7,521. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2025.

What it is worth Caution

€ -18,254

▼ € 7,521 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -7,521

▲ 64 % less loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 34,784

▲ € 27,846 vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -28,254.

People and assets in 2024

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 9,318

▲ € 8,287 vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

€ 125,000

▲ 67% vs 2023

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 2,840

▲ 76% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Wages and social charges

€ 145

▲ 247% vs 2023

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	Change 2023 → 2024
Gross margin	€ -18,261 Gross margin 2023: € -18,261 First fiscal year in the series	€ 219 Gross margin 2024: € 219 ▲ € 18,480 vs 2023 (€ -18,261) Favourable step	▲ € 18,480
Profit after taxes	€ -20,733 Profit after taxes 2023: € -20,733 First fiscal year in the series	€ -7,521 Profit after taxes 2024: € -7,521 ▲ € 13,211 vs 2023 (€ -20,733) Favourable step	▲ € 13,211
Equity	€ -10,733 Equity 2023: € -10,733 First fiscal year in the series	€ -18,254 Equity 2024: € -18,254 ▼ € 7,521 vs 2023 (€ -10,733) Unfavourable step	▼ € 7,521
Total debts	€ 76,658 Total debts 2023: € 76,658 First fiscal year in the series	€ 127,987 Total debts 2024: € 127,987 ▲ 67% vs 2023 (€ 76,658) Unfavourable step	▲ 67%
Cash	€ 6,939 Cash 2023: € 6,939 First fiscal year in the series	€ 34,784 Cash 2024: € 34,784 ▲ € 27,846 vs 2023 (€ 6,939) Favourable step	▲ € 27,846
Retained profit	€ -20,733 Retained profit 2023: € -20,733 First fiscal year in the series	€ -28,254 Retained profit 2024: € -28,254 ▼ € 7,521 vs 2023 (€ -20,733) Unfavourable step	▼ € 7,521
Bank debt	€ 75,000 Bank debt 2023: € 75,000 First fiscal year in the series	€ 125,000 Bank debt 2024: € 125,000 ▲ 67% vs 2023 (€ 75,000) Unfavourable step	▲ 67%
Balance sheet total	€ 65,925 Balance sheet total 2023: € 65,925 First fiscal year in the series	€ 109,733 Balance sheet total 2024: € 109,733 ▲ 66% vs 2023 (€ 65,925) Unchanged	▲ 66%

Key figures of SV MOTORS, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to SV MOTORS?

What happened at SV MOTORS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 30, 2025 New annual accounts for financial year 2024: loss of € 7,521. filed late Source: NBB ↗
Feb 21, 2023 New establishment in Menen. KBO
Feb 21, 2023 Start of the company according to the CBE. KBO

In short

From € 20,733 loss in 2023 to € 7,521 loss in 2024.

Paid € 128 in corporate taxes since 2023.

Original PDFs at the National Bank ↗

Management

Simon Vanhoenacker

SV MOTORS

Behind SV MOTORS is Simon Vanhoenacker.

Directors

According to the 2024 annual accounts

Simon Vanhoenacker

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Dronckaertstraat 531

8930 Menen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Cycli Imola

€ 152,116 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0798.689.585

VAT number

BE 0798.689.585

Registered office

Dronckaertstraat 531, 8930 Menen

Names & denominations

SV MOTORS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

21 February 2023

Peppol

Active · Active since 17 Dec 2025

Activities · NACE

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)

Groothandel in fietsen

Detailhandel in andere motorvoertuigen (> 3,5 ton)

Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen

Overige zakelijke dienstverlening, neg

Verhuur en lease van vrachtwagens

Detailhandel in en onderhoud en reparatie van motorfietsen en delen en toebehoren van motorfietsen

View on CBE Public ↗ Annual accounts (NBB) ↗

SV MOTORS

Warning lights

Financials

What happened to SV MOTORS?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions