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BVB Service

Active
Private limited companyfounded 2011active for 14 yearsCorbeillestraat 80, 2235 Hulshout, BelgiumKBO/BCE: BE 0841.898.632
Summary

BVB Service has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €500,600 and a net result of €91,275. Equity has been growing by about 21% per year since 2018. Its solvency ranks better than 67% of 7,409 sector peers (NACE 43, financial year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Official details

Source: KBO
Status
Active since 16-12-2011 Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 2 others
Establishment units
2.205.549.970 3150 Haacht, since 11-01-2012
2.288.176.550 2235 Hulshout, since 01-08-2018
Financial year end
31 December
Peppol
Reachable since 04-06-2025

Board and ownership

Board
  • Y&BDirector · permanent representative VAN BEDTS Ynke

Financial position

57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts 2024
Gross margin
€727,164
▼ 5.9%
Turnover
≈ €1.9m
estimated
Profit
€91,275
▼ 24.2%
Equity
€500,600
▲ 22.3%
Total assets
€874,017
▲ 7.4%
Employees on 31-12-2024
9
▼ 10.0%
  • 2025 accounts not filed, 97 days past the deadline
Score breakdownraises riskCapped at 59: a confirmed filing finding1 financial year not filed after the legal deadline; last filed accounts filed 137 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 18-12-2025)lowers riskLiquidity: current ratio 2.93, cash €332,511Founded in 2011Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 71% of micro companies in specialised construction (NACE 43)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Strong
Solvency 82+7
equity 57.3% of total assets
Liquidity 92=
short-term debt 18.3% · cash 38.0%
Profitability 82-5
return on assets 10.4%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025lowest value 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025 09-2025: 0.6%▲ +0.1 percentage points vs 08-2025 10-2025: 0.8%▲ +0.2 percentage points vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 1.3%▲ +0.5 percentage points vs 11-2025highest value 01-2026: 0.5%▼ -0.8 percentage points vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.4%▼ -0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.2 percentage points vs 07-2026 09-2026: 0.7%▲ +0.1 percentage points vs 08-2026 10-2026: 1.0%▲ +0.3 percentage points vs 09-2026 11-2026: 1.0%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 2.93 (2.4 in 2023), above the usual 1.5. Short-term debt is 18.3% and cash 38% of total assets. 42.7% of the assets are financed with debt and provisions.
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 43, micro). It does better than 62% of them on solvency, 90% on liquidity, 63% on profitability and 69% on growth.

The bankruptcy probability was computed on 04-11-2026 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 31-12-2024.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 2.93, cash €332,511
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 137 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 18-12-2025)
NBB · annual accounts
lowers risk · Founded in 2011
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 97 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline05-11-2026 today
raises risk · 2024 accounts filed 137 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-12-2025, 137 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
137 days late
2023
66 days late
2022
63 days late
2021
246 days late
2020
61 days late
2019
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 111 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 7 profitable years in a rowprofit 2024: €91,275 7 years View

Recent changes

  1. · Gazette deed 1 director appointed, 1 manager resigningResignation: VAN BEDTS Björn (manager) · Appointment: Y&B (director) · Permanent representative: VAN BEDTS Ynke
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as BVB Service: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €762,000 and €1m, founded between 2010 and 2014.

CompanyTotal assetsGross margin
BVB Service Hulshout€0.9m€0.7m
JG ZINK Lille€0.8m€0.6m
LEMAIRE ET FILS Malmedy€0.9m€0.7m
DEROLUCQ Nazareth-De Pinte€1.0m€0.7m
SUSIN SYSTEM Stoumont€1.0m€0.7m
CHAUFF' ET VOUS Sprimont€0.9m€0.7m
Josy GONRY SRL Virton€0.8m€0.7m
Full comparison

Key facts about BVB Service

What is the company number of BVB Service?
The company number of BVB Service is 0841.898.632. The VAT number is the same number with BE in front: BE 0841.898.632.
Where is BVB Service based?
The registered office is at Corbeillestraat 80, 2235 Hulshout.Company details
What does BVB Service do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of BVB Service?
The legal form of BVB Service is Private limited company (BV).
When was BVB Service founded?
BVB Service was founded on 16-12-2011.
Is BVB Service still active?
Yes, BVB Service is an active enterprise in the KBO register.
How many employees does BVB Service have?
BVB Service had an average of 8.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of BVB Service?
The turnover in financial year 2024 is ≈ €1.9m. This figure is estimated from the gross margin of €727,164 and 45 comparable companies (NACE 432). It probably lies between €1.6m and €2.4m.
Is BVB Service profitable?
In financial year 2024, BVB Service made a profit of €91,275.
Where can I find the annual accounts of BVB Service?
BVB Service filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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