Financials
- Fiscal year
- 2025
- Total assets
- €85,659
- Profit
- €45,713
- Solvency
- 56.9%
BG HVAC
ActiveSummary
BG HVAC has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48,713 and a net result of €45,713. Its solvency ranks better than 61% of 33943 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Plumbing work
NACE 43221
1 site
Size
€85,659total assets 2025
- Equity
- €48,713
- Profit
- €45,713
Turnover not published (abridged schema)
Structure
Accounts on time0 of 1 deed read
Why 88- Founded in 2024- Size: total assets €85,659+ Liquidity: current ratio 2.69, cash €43,935+ Equity €48,713 (56.9% of total assets)Show the evidence
Checked score
Score 2025
88
/ 100
Excellent
Probability in this band: under 0.55%
Better than 80% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength
Strong
Solvency
82
equity 56.9% of total assets
Liquidity
88
short-term debt 28.8% · cash 51.3%
Profitability
100
return on assets 53.4%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2025: 1.9%
01-2026: 1.9%● 0.0% vs 12-2025
02-2026: 2.0%▲ +4.7% vs 01-2026
03-2026: 2.3%▲ +16.6% vs 02-2026
04-2026: 2.4%▲ +5.6% vs 03-2026
05-2026: 2.7%▲ +11.5% vs 04-2026
06-2026: 2.7%● 0.0% vs 05-2026
07-2026: 3.0%▲ +10.3% vs 06-2026highest value
08-2026: 0.4%▼ -87.1% vs 07-2026
09-2026: 0.4%▼ -1.6% vs 08-2026lowest value
10-2026: 0.4%● 0.0% vs 09-2026lowest value
- Liquidity: current ratio 2.69, cash €43,935 lowers the probability
- Founded in 2024 raises the probability for this profile
- Size: total assets €85,659 raises the probability for this profile
- Equity €48,713 (56.9% of total assets) lowers the probability
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 2.69; short-term debt: 28.8% and cash: 51.3% of total assets), and 43.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 62%, liquidity 86%, profitability 93%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 31-07-2026, 0 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2026
- 31-07-2026Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Plumbing workNACE 43221
- Founded
- 21-11-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
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