Equity
€20,669 from €53,329 in 2021
Equity fell by 61% in 4 years.
HVH Services
Lifetime
8 annual accounts with figures on one time axispeak €116,977 (2019)
€352▼ 99.2%
lowest -€26,209 (2018)
-€10,607▼ €34,647
peak €53,329 (2021)
€20,669▼ 33.9%
€32,584▼ 1.1%
peak 1.1 FTE (2018)
-not published
Board2 names since 2018
1 directorVAN HAUWERMEIREN Bram
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Gross margin from €44,696 to €352Loss of €10,607Equity from €31,275 to €20,669Cash from €4,684 to €392
Key points
from the 2025 annual accountsFilings
8 annual accounts 3 late
The 2023 accounts came latest: 56 days after the end of the period.
Position in the sector
-€10,607
Lower net result than 90% of companies in computer programming and consultancy. Sector median €28,568 · 21,223 companies.
Checked score
66
Healthy
Financially stronger than 18% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025lowest value
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▲ +0.1 percentage points vs 07-2025
09-2025: 0.5%▲ +0.1 percentage points vs 08-2025
10-2025: 0.3%▼ -0.2 percentage points vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.2 percentage points vs 07-2026
09-2026: 0.8%▲ +0.3 percentage points vs 08-2026highest value
10-2026: 0.8%● unchanged vs 09-2026highest value
11-2026: 0.8%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 30 days late; 2 of the last 3 accounts late
Liquidity: current ratio 1.05, cash €392, halved
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €53,253
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 35% of them on solvency, 12% on liquidity, 5% on profitability and 19% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,591 companies had the same profile as HVH Services has now. Each dot stands for 9 companies, two years later.
87.4%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HVH Services itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,591 companies, not a prediction for HVH Services. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.05 (1.29 in 2024), below the usual 1.5. Short-term debt is 41.5% and cash 0.7% of total assets. 61.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filingsDeviation from the deadline
2025
30 days late
2024
33 days late
2023
56 days late
2022
5 days early
2021
27 days early
2020
23 days early
2019
22 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 6 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VAN HAUWERMEIREN Hedwig Gabriel Nestor 50 sharesdeed of 23-04-2018
- VERMEIR Anne 50 sharesdeed of 23-04-2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0694908790
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments
Resignations: VAN HAUWERMEIREN Hedwig Gabriel Nestor (director) and VAN HAUWERMEIREN Bram (director) · Appointment: VAN HAUWERMEIREN Bram (director) · “Verkoop van en service op hardware; Verkoop van en service op externe programma’s met toegevoegde waarde…” (deed in Dutch) · General meeting of 14-12-2023 · Gazette deed
Incorporation
Founding capital of €18,600, 100 shares, €6,200 paid up · Founders: VAN HAUWERMEIREN Hedwig Gabriel Nestor and VERMEIR Anne · Appointments: VAN HAUWERMEIREN Hedwig Gabriel Nestor (manager) and Bram VAN HAUWERMEIREN (manager) · published on 23-04-2018 · Gazette deed
First establishment
Eegene 101, Dendermonde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HVH Services Dendermonde | €53,253 | €352 | 38.8% | - |
| SFINX PRODUCTIONS Wortegem-Petegem | €63,567 | -€5,684 | -206.2% | - |
| Coupon Solutions Zottegem | €66,396 | -€2,671 | 88.6% | - |
| Simple Complexity Aalter | €56,243 | -€98,035 | -31.4% | - |
| Zinnings Meise | €50,903 | -€12,413 | 96.3% | - |
| Edudigital Vosselaar | €50,733 | -€1,965 | 99.9% | - |
| Bluefeet Brussels | €53,441 | -€16,610 | -25.4% | - |
These companies have the same main activity as HVH Services: computer programming (NACE 62100). They are comparable in size and age: total assets between €50,700 and €66,400, founded between 2016 and 2018.
Official details
Source: KBO- Status
- Active since 19-04-2018Normal situation
- Activity
- Computer programmingNACE 62100and 4 others
- Establishment unit
- 2.275.222.7939200 Dendermonde, since 19-04-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 02-01-2026
Insights on HVH Services
HVH Services files the micro format. That format states no turnover. The gross margin fell from €26,878 in 2018 to €352 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HVH Services
- What is the company number of HVH Services?
- The company number of HVH Services is 0694.908.790. The VAT number is the same number with BE in front: BE 0694.908.790.
- Where is HVH Services based?
- The registered office is at Eegene 101, 9200 Dendermonde.Company details
- What does HVH Services do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of HVH Services?
- HVH Services is a private limited company (BV).
- When was HVH Services founded?
- HVH Services was founded on 19-04-2018.
- Is HVH Services still active?
- Yes, HVH Services is an active enterprise in the KBO register.
- How many employees does HVH Services have?
- HVH Services had an average of 1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of HVH Services?
- The turnover in financial year 2025 is ≈ €1,900. This figure is estimated from the gross margin of €352 and 53 comparable companies (NACE 62100). It probably lies between €1,000 and €3,700. It is a rough estimate.
- Is HVH Services profitable?
- In financial year 2025, HVH Services made a loss of €10,607.
- Where can I find the annual accounts of HVH Services?
- HVH Services filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HVH Services due?
- HVH Services must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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