BVB
ActiveSummary
BVB has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €467,083. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 83% of 16718 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130,000 at 30 days acceptable
Liquidity ample (current ratio 11.54 against 7.42 in 2024; short-term debt: 7.1% and cash: 20.3% of total assets), and 9.9% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
90.1%
Return on assets
29.1%
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 30-07-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 d early
2024
92 d late
2023
69 d late
2022
71 d late
2021
29 d late
2020
27 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 45 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#3 company by equity in Harelbeke, Health and social work sector#5 company by total assets in Harelbeke, Health and social work sector
Equity
€1.4m▲ 27.4%
2024 · €1.1m
Total assets
€1.6m▲ 20.4%
2024 · €1.3m
Net result
€467,083▲ 6.2%
2024 · €439,936
Working capital
€1.2m▲ 28.0%
2024 · €945,155
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€445,210▼ 2.8%€375,938▼ 15.6%€526,628▲ 40.1%€577,094▲ 9.6%€614,849▲ 6.5%
Net result€330,690▲ 5.6%€280,393▼ 15.2%€401,600▲ 43.2%€439,936▲ 9.5%€467,083▲ 6.2%
Equity€696,490=€976,883▲ 40.3%€1.4m▲ 41.1%€1.1m▼ 17.6%€1.4m▲ 27.4%
Total assets€1.4m▲ 19.3%€1.3m▼ 6.2%€1.6m▲ 25.6%€1.3m▼ 18.2%€1.6m▲ 20.4%
Debt€688,944▲ 48.3%€323,335▼ 53.1%€254,277▼ 21.4%€199,189▼ 21.7%€159,860▼ 19.7%
Working capital€513,707▲ 41.7%€906,472▲ 76.5%€1.2m▲ 30.1%€945,155▼ 19.9%€1.2m▲ 28.0%
Staff (FTE)0.1▼ 50.0%0
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€282,902 ▲ 16.3%
Current assets
€1.3m ▲ 21.3%
Equity and liabilities €1.6m
Equity
€1.4m ▲ 27.4%
Debt
€159,860 ▼ 19.7%
Debt's share of the balance-sheet total falls from 14.9% to 9.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€678,865▲
2024 · €632,905
Cash flow
€531,099▲
2024 · €495,747
Current ratio
11.54▲
2024 · 7.42
Debt to equity
0.11▼
2024 · 0.18
ROE
32.3%▼
2024 · 38.7%
ROA
29.1%▼
2024 · 32.9%
Interest coverage
62.33▲
2024 · 42.54
Debt ≤ 1 year
€114,799▼
2024 · €147,134
Debt > 1 year
€30,322▼
2024 · €44,336
Income taxes
€149,052▼
2024 · €154,661
Staff costs
€1,138▲
2024 · €390
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,776 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
2.6%
stopped otherwise
97%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,776 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €6,418 | - | €27,792 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €1,979 | €799 | €1,358 | €390 | €1,138 | ▲ 192% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €168,621 | €174,788 | €38,713 | €55,812 | €64,016 | ▲ 14.7% |
| Other operating charges640/8 | €5,274 | €5,114 | €1,294 | €560 | €392 | ▼ 30.1% |
| Gross operating margin9900 | €621,084 | €556,639 | €567,994 | €633,856 | €680,395 | ▲ 7.3% |
| Operating profit (loss)9901 | €445,210 | €375,938 | €526,628 | €577,094 | €614,849 | ▲ 6.5% |
| Financial income75/76B | €24 | €1,386 | €13,642 | €32,381 | €12,178 | ▼ 62.4% |
| Recurring financial income75 | €24 | €1,386 | €13,642 | €32,381 | €12,178 | ▼ 62.4% |
| Financial charges65/66B | €8,749 | €7,535 | €8,324 | €14,878 | €10,892 | ▼ 26.8% |
| Recurring financial charges65 | €8,749 | €7,535 | €8,324 | €14,878 | €10,892 | ▼ 26.8% |
| Profit (loss) for the period before taxes9903 | €436,486 | €369,789 | €531,946 | €594,596 | €616,135 | ▲ 3.6% |
| Income taxes67/77 | €105,796 | €89,396 | €130,346 | €154,661 | €149,052 | ▼ 3.6% |
| Profit (loss) for the period9904 | €330,690 | €280,393 | €401,600 | €439,936 | €467,083 | ▲ 6.2% |
| Profit (loss) for the period to be appropriated9905 | €330,690 | €280,393 | €401,600 | €439,936 | €467,083 | ▲ 6.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.3m | €1.6m | €1.3m | €1.6m | ▲ 20.4% |
| Fixed assets21/28 | €265,009 | €140,658 | €256,448 | €243,326 | €282,902 | ▲ 16.3% |
| Intangible fixed assets21 | €133,032 | - | - | - | - | - |
| Tangible fixed assets22/27 | €131,976 | €140,658 | €256,448 | €243,326 | €282,902 | ▲ 16.3% |
| Land and buildings22 | €95,692 | €78,325 | €101,946 | €115,357 | €151,036 | ▲ 30.9% |
| Plant, machinery and equipment23 | €11,713 | €6,030 | €3,224 | €17,561 | €20,507 | ▲ 16.8% |
| Furniture and vehicles24 | €24,571 | €56,302 | €151,278 | €110,408 | €111,359 | ▲ 0.9% |
| Current assets29/58 | €1.1m | €1.2m | €1.4m | €1.1m | €1.3m | ▲ 21.3% |
| Amounts receivable within one year40/41 | €20,169 | €36,568 | €43,513 | €7,910 | €177,468 | ▲ 2,144% |
| Trade receivables40 | €964 | €964 | €7,910 | €7,910 | €7,910 | = |
| Other amounts receivable41 | €19,204 | €35,604 | €35,604 | €0 | €169,558 | - |
| Current investments50/53 | - | - | €1.0m | €938,883 | €788,883 | ▼ 16.0% |
| Cash at bank and in hand54/58 | €1.0m | €1.1m | €244,266 | €106,737 | €325,862 | ▲ 205% |
| Deferred charges and accrued income490/1 | €60,841 | €38,850 | €49,650 | €38,759 | €32,343 | ▼ 16.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.3m | €1.6m | €1.3m | €1.6m | ▲ 20.4% |
| Equity10/15 | €696,490 | €976,883 | €1.4m | €1.1m | €1.4m | ▲ 27.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €677,890 | €677,890 | €677,890 | €677,890 | €521,980 | ▼ 23.0% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | €676,030 | €676,030 | €676,030 | €677,890 | €521,980 | ▼ 23.0% |
| Profit (loss) carried forward14 | - | €280,393 | €681,993 | €439,936 | €907,018 | ▲ 106% |
| Amounts payable17/49 | €688,944 | €323,335 | €254,277 | €199,189 | €159,860 | ▼ 19.7% |
| Amounts payable after more than one year17 | €82,225 | €70,246 | €57,635 | €44,336 | €30,322 | ▼ 31.6% |
| Financial debts170/4 | €82,225 | €70,246 | €57,635 | €44,336 | €30,322 | ▼ 31.6% |
| Amounts payable within one year42/48 | €606,718 | €253,088 | €196,643 | €147,134 | €114,799 | ▼ 22.0% |
| Current portion of amounts payable after more than one year42 | €11,368 | €11,979 | €12,612 | €13,299 | €14,013 | ▲ 5.4% |
| Financial debts43 | €10,455 | - | €42,141 | €0 | - | - |
| Credit institutions430/8 | €10,455 | - | €42,141 | €0 | - | - |
| Trade debts44 | €1,689 | €1,606 | €23,557 | €7,444 | €10,580 | ▲ 42.1% |
| Suppliers440/4 | €1,689 | €1,606 | €23,557 | €7,444 | €10,580 | ▲ 42.1% |
| Taxes, remuneration and social security45 | - | - | €5,346 | €22,340 | €760 | ▼ 96.6% |
| Taxes450/3 | - | - | €5,346 | €22,340 | €760 | ▼ 96.6% |
| Other amounts payable47/48 | €583,206 | €239,504 | €112,987 | €104,051 | €89,446 | ▼ 14.0% |
| Accrued charges and deferred income492/3 | - | - | - | €7,720 | €14,739 | ▲ 90.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €330,690 | €280,393 | €401,600 | €439,936 | €467,083 | ▲ 6.2% |
| + Depreciation and write-downs630 | €168,621 | €174,788 | €38,713 | €55,812 | €64,016 | ▲ 14.7% |
| Operating cash flow (approximation) | €499,311 | €455,181 | €440,313 | €495,747 | €531,099 | ▲ 7.1% |
| Investment in fixed assets (approximation) | - | -€50,437 | -€154,504 | -€42,690 | -€103,592 | ▼ 143% |
| Change in cash | - | €44,726 | -€839,876 | -€137,529 | €219,125 | ▲ 259% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €467,083 ▲6.2%
Operating result €614,849, net result €467,083, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 69 days late
2023
31-12
Financial
Equity above €1mEq €1.4m ▲41.1%
6 profitable years in a row build equity to €1.4m.
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 71 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 4.58
Current ratio from 1.85 to 4.58; short-term debt falls from €606,718 to €253,088.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 1.98
Current ratio from 0.93 to 1.98; short-term debt falls from €613,607 to €370,976.
31-12
Financial
Equity above €500,000Eq €696,490 ▲81.7%
3 profitable years in a row build equity to €696,490.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Equity above €200,000Eq €383,337 ▲117%
2 profitable years in a row build equity to €383,337.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Harelbeke · 1 establishment unit since 2018
Ground area
392 m²
Building footprint
224 m²
Volume, LiDAR
1,496 m³
Parcel 34013A1286/00H002, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Huisartsen Beerlandt - van Belle
since 20182.271.580.246
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34013A1286/00H002 | Flanders | 392 m² | 1 · 224 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
Legal Entity Identifier
9845008A581CF54KDE78
Similar companies · same sector, comparable size
DR. KAREL PATTYN
BE 0460.466.621
Oostkamp · Eq €1,453,265
Dr. Wim Michielsen
BE 0825.423.280
Essen · Eq €1,453,971
DOKTER ERIK KERSSCHOT
BE 0453.279.812
Sint-Martens-Latem · Eq €1,440,207
DR. TEMPELS
BE 0434.415.686
Scherpenheuvel-Zichem · Eq €1,456,614
HUISARTSEN DELANOYE
BE 0631.751.201
Zulte · Eq €1,457,492
Of 9,128 companies in sector 86210 we hold annual accounts for 6,335. 3,515 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
86210General medical practice
E-invoicing
Reachable via Peppol
Peppol ID
0208:0687599940
Also
9925:BE0687599940
Registered
30-12-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.