BDH
ActiveBDH has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €517k and a net result of €116k. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 50% of 2041 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+9
Solvency67▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.62 against 1.61 in 2024; short-term debt: 48.2% and cash: 8% of total assets), but 57.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.4%
Return on assets
9.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
44 d early
2023
21 d early
2022
12 d early
2021
25 d late
2020
6 d late
2019
13 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€116k▲ 268%
2024 · €32k
2018: €69k
2019: €50k
2020: €4k
2021: €31k
2022: €194k
2023: €14k
2024: €32k
2018 → 2025
Working capital
€364k▼ 1.4%
2024 · €370k
2018: €124k
2019: €159k
2020: €226k
2021: €312k
2022: €495k
2023: €423k
2024: €370k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€277k-€471k▲ 70.3%€449k▼ 4.7%€451k▲ 0.4%€517k▲ 14.7%
Operating result€52k-€264k▲ 412%€24k▼ 90.8%€43k▲ 78.2%€164k▲ 280%
Net result€31k-€194k▲ 527%€14k▼ 92.8%€32k▲ 125%€116k▲ 268%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 280% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.22M
Fixed assets
€266k▲ 14.4%
Current assets
€952k▼ 2.8%
Equity and liabilities €1.22M
Equity
€517k▲ 14.7%
Debt
€701k▼ 7.9%
The debt ratio falls from 62.8% to 57.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€269k▲
2024 · €135k
Cash flow
€221k▲
2024 · €124k
Solvency
42.4%▲
2024 · 37.2%
Current ratio
1.62▲
2024 · 1.61
Quick ratio
0.97▼
2024 · 1.17
Debt / equity
1.36▼
2024 · 1.69
ROE
22.5%▲
2024 · 7.0%
ROA
9.5%▲
2024 · 2.6%
Interest coverage
16.46▲
2024 · 9.13
Debt
€701k▼
2024 · €761k
Debt ≤ 1 year
€587k▼
2024 · €609k
Debt > 1 year
€110k▼
2024 · €140k
Income taxes
€37k▲
2024 · €6k
Staff costs
€1.46M▲
2024 · €1.45M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.21M€1.22M▲
Fixed assets21/28€233k€266k▲
Intangible fixed assets21€452€2k▲
Tangible fixed assets22/27€232k€264k▲
Plant, machinery and equipment23€50k€56k▲
Furniture and vehicles24€139k€167k▲
Other tangible fixed assets26€43k€41k▼
Financial fixed assets28€410€266▼
Current assets29/58€979k€952k▼
Stocks and contracts in progress3€269k€380k▲
Stocks30/36€269k€380k▲
Amounts receivable within one year40/41€557k€455k▼
Trade receivables40€384k€278k▼
Other amounts receivable41€173k€177k▲
Cash at bank and in hand54/58€121k€97k▼
Deferred charges and accrued income490/1€33k€20k▼
Equity and liabilities
Total equity and liabilities10/49€1.21M€1.22M▲
Equity10/15€451k€517k▲
Contributions10/11€72k€72k=
Capital10€72k€72k=
Issued capital100€72k€72k=
Reserves13€7k€7k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Profit (loss) carried forward14€372k€438k▲
Amounts payable17/49€761k€701k▼
Amounts payable after more than one year17€140k€110k▼
Financial debts170/4€140k€110k▼
Amounts payable within one year42/48€609k€587k▼
Current portion of amounts payable after more than one year42€99k€90k▼
Trade debts44€301k€255k▼
Suppliers440/4€301k€255k▼
Advances received on contracts in progress46€42k-
Taxes, remuneration and social security45€52k€113k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9€50k€110k▲
Other amounts payable47/48€115k€129k▲
Accrued charges and deferred income492/3€12k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€1.45M€1.46M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€105k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-1k
Other operating charges640/8€5k€8k▲
Gross operating margin9900€1.59M€1.74M▲
Operating profit (loss)9901€43k€164k▲
Financial income75/76B€9k€6k▼
Recurring financial income75€9k€6k▼
Financial charges65/66B€15k€16k▲
Recurring financial charges65€15k€16k▲
Profit (loss) for the period before taxes9903€37k€154k▲
Income taxes67/77€6k€37k▲
Profit (loss) for the period9904€32k€116k▲
Profit (loss) for the period to be appropriated9905€32k€116k▲
Appropriation of the result
Profit (loss) to be appropriated9906€402k€488k▲
Profit (loss) brought forward from the previous period14P€370k€372k▲
Profit to be distributed694/7€30k€50k▲
Return on contributions (dividend)694€30k€50k▲
Social balance
Average headcount (FTE)908723.621.1▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €500kEq €517k ▲14.7%
8 profitable years in a row build equity to €517k.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €194k ▲527%
Operating result €264k, net result €194k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 6 days late
2020
31-12
Financial
Weakest financial yearnet €4k ▼92%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 13 days late
2019
31-12
Financial
Equity above €200kEq €242k ▲26%
2 profitable years in a row build equity to €242k.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 23 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Manhay · 1 establishment unit since 2001
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.
Rue du Châtaignier, Harre 106960 ManhayGround area
421 m²
Building footprint
48 m²
Parcel 83023A0786/00M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
BDH
since 20012.095.156.943
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83023A0786/00M000 | Wallonia | 421 m² | 1 · 48 m² | - |
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.
Recognitions · licences · registrations
Recognised contractor
7 categoriesBDH SA35710
Similar companies · same sector, comparable size
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DCVS
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VICTOR EN GINO BAUS
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 3,969 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-07-2000
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
45332
43410Roofing work
45220
46150Agents in the wholesale of furniture, household goods and hardware
51150
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.