What does SV Concept do?

SV Concept is a heating and ventilation installer in Morlanwelz. Private Limited, started on 7 July 2011, 1 establishment.

What is the address of SV Concept?

The registered office of SV Concept is located at Rue Belle-Hôtesse(MLZ) 11 box 2, 7140 Morlanwelz.

Is SV Concept still active?

Yes. According to the CBE (31 October 2026) SV Concept is active, legal situation “Normale toestand”, started on 7 July 2011.

Is SV Concept registered on Peppol?

Yes, SV Concept is registered on the Peppol network with ID 0208:0837677449.

What is the enterprise number of SV Concept?

The enterprise number of SV Concept is BE0837677449.

When was SV Concept founded?

SV Concept was founded on 7 July 2011.

Who are the directors of SV Concept?

According to the 2024 annual accounts, the directors of SV Concept are: VONGPHACK PHILAVANH.

Is SV Concept a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 July 2011; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did SV Concept make in 2024?

SV Concept posted a profit after taxes of € 40,726 in financial year 2024.

What is the revenue of SV Concept?

As a small company, SV Concept is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 264,218.

How much does an employee at SV Concept earn?

The average wage cost per full-time employee at SV Concept was € 36,900 in 2021: staff costs of € 129,012 for 3.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

SV Concept (Private Limited) - Morlanwelz - BE0837677449

Dossier SV Concept, printed on 31 October 2026 from databakkes.be/en/0837677449/sv-concept. 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 4 fiscal years.
Late annual account NBB

Fiscal year 2024 was filed 207 days after the legal deadline.

Financials

Financial year 2024

SV Concept from Morlanwelz, company number BE0837677449, closed financial year 2024 with a result of € 40,726 after tax. For that financial year SV Concept recorded a gross margin of € 264,218 and equity of € -43,200. Compared with financial year 2023, the result moved from € -153,676 to € 40,726. Profitable, and profit is growing. 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 February 23, 2026.

What it is worth Caution

€ -43,200

▲ € 40,726 vs 2023

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

Profit Growing

€ 40,726

▲ still € 153,676 loss in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 21,638

▼ 64% vs 2023

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € -59,400.

People and assets in 2024

Wage cost

€ 198,587

▼ 19% vs 2023

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 1,795

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

€ 150,000

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 8,291

▼ 95% vs 2023

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

Taxes and wages

€ 10,973

▼ 71% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Revenue	€ 553,438 Revenue 2021: € 553,438 First fiscal year in the series	€ 633,487 Revenue 2022: € 633,487 ▲ 14% vs 2021 (€ 553,438) Favourable step	€ 880,922 Revenue 2023: € 880,922 ▲ 39% vs 2022 (€ 633,487) Favourable step	-
Gross margin	€ 174,845 Gross margin 2021: € 174,845 First fiscal year in the series	€ 211,601 Gross margin 2022: € 211,601 ▲ 21% vs 2021 (€ 174,845) Favourable step	€ 103,767 Gross margin 2023: € 103,767 ▼ 51% vs 2022 (€ 211,601) Unfavourable step	€ 264,218 Gross margin 2024: € 264,218 ▲ 155% vs 2023 (€ 103,767) Favourable step	▲ 155%
Profit after taxes	€ 40,555 Profit after taxes 2021: € 40,555 First fiscal year in the series	€ 2,198 Profit after taxes 2022: € 2,198 ▼ 95% vs 2021 (€ 40,555) Unfavourable step	€ -153,676 Profit after taxes 2023: € -153,676 ▼ € 155,874 vs 2022 (€ 2,198) Unfavourable step	€ 40,726 Profit after taxes 2024: € 40,726 ▲ € 194,402 vs 2023 (€ -153,676) Favourable step	▲ € 194,402
Equity	€ 67,552 Equity 2021: € 67,552 First fiscal year in the series	€ 69,750 Equity 2022: € 69,750 ▲ 3% vs 2021 (€ 67,552) Favourable step	€ -83,926 Equity 2023: € -83,926 ▼ € 153,676 vs 2022 (€ 69,750) Unfavourable step	€ -43,200 Equity 2024: € -43,200 ▲ € 40,726 vs 2023 (€ -83,926) Favourable step	▲ € 40,726
Total debts	€ 88,326 Total debts 2021: € 88,326 First fiscal year in the series	€ 66,089 Total debts 2022: € 66,089 ▼ 25% vs 2021 (€ 88,326) Favourable step	€ 219,986 Total debts 2023: € 219,986 ▲ 233% vs 2022 (€ 66,089) Unfavourable step	€ 215,612 Total debts 2024: € 215,612 ▼ 2% vs 2023 (€ 219,986) Favourable step	▼ 2%
Cash	€ 36,583 Cash 2021: € 36,583 First fiscal year in the series	€ 12,799 Cash 2022: € 12,799 ▼ 65% vs 2021 (€ 36,583) Unfavourable step	€ 59,853 Cash 2023: € 59,853 ▲ € 47,054 vs 2022 (€ 12,799) Favourable step	€ 21,638 Cash 2024: € 21,638 ▼ 64% vs 2023 (€ 59,853) Unfavourable step	▼ 64%
Retained profit	€ 51,352 Retained profit 2021: € 51,352 First fiscal year in the series	€ 53,550 Retained profit 2022: € 53,550 ▲ 4% vs 2021 (€ 51,352) Favourable step	€ -100,126 Retained profit 2023: € -100,126 ▼ € 153,676 vs 2022 (€ 53,550) Unfavourable step	€ -59,400 Retained profit 2024: € -59,400 ▲ € 40,726 vs 2023 (€ -100,126) Favourable step	▲ € 40,726
Bank debt	€ 9,044 Bank debt 2021: € 9,044 First fiscal year in the series	€ 7,235 Bank debt 2022: € 7,235 ▼ 20% vs 2021 (€ 9,044) Favourable step	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 7,235) Favourable step	€ 150,000 Bank debt 2024: € 150,000 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 155,878 Balance sheet total 2021: € 155,878 First fiscal year in the series	€ 135,839 Balance sheet total 2022: € 135,839 ▼ 13% vs 2021 (€ 155,878) Unchanged	€ 136,060 Balance sheet total 2023: € 136,060 Unchanged (€ 135,839) Unchanged	€ 172,412 Balance sheet total 2024: € 172,412 ▲ 27% vs 2023 (€ 136,060) Unchanged	▲ 27%
Employees (FTE)	3.5 Employees (FTE) 2021: 3.5 First fiscal year in the series	-	-	-

Key figures of SV Concept, fiscal years 2021 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 Concept?

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

Feb 23, 2026 New annual accounts for financial year 2024: profit of € 40,726. filed late Source: NBB ↗
Nov 1, 2016 New establishment in Morlanwelz. KBO
Jul 7, 2011 Start of the company according to the CBE. KBO

In short

From € 40,555 profit in 2021 to € 40,726 profit in 2024.

Paid € 16,561 in corporate taxes since 2021.

Best year ever: 2024, with € 40,726 profit.

On average € 50,000 of value added per employee in 2021.

Original PDFs at the National Bank ↗

Management

VONGPHACK PHILAVANH

SV Concept

Behind SV Concept is VONGPHACK PHILAVANH.

Directors

According to the 2024 annual accounts

VONGPHACK PHILAVANH

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Belle-Hôtesse(MLZ) 11 box 2

7140 Morlanwelz

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

Details

Company number

0837.677.449

VAT number

BE 0837.677.449

Registered office

Rue Belle-Hôtesse(MLZ) 11 bus 2, 7140 Morlanwelz

Names & denominations

SV Concept

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

7 July 2011

Peppol

Active · Active since 31 Aug 2023

Activities · NACE

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Algemene elektrotechnische installatiewerken

Elektrotechnische installatiewerken van nijverheidsinrichtingen

View on CBE Public ↗ Annual accounts (NBB) ↗

SV Concept

Warning lights

Financials

What happened to SV Concept?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions