BVB Service
ActiveBVB Service has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €501k and a net result of €91k. Equity is growing by ~22.2% per year across the filed fiscal years. Its solvency ranks better than 66% of 7447 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▼-5
Solvency82▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days only on tighter terms
Liquidity ample (current ratio 2.93 against 2.4 in 2023; short-term debt: 18.3% and cash: 38% of total assets), and 42.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
raises risk · Filed more than 90 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: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
137 d late
2023
66 d late
2022
63 d late
2021
246 d late
2020
61 d late
2019
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€501k▲ 22.3%
2023 · €409k
2018: €163k
2019: €177k
2020: €224k
2021: €349k
2022: €361k
2023: €409k
2018 → 2024
Total assets
€874k▲ 7.4%
2023 · €814k
2018: €432k
2019: €482k
2020: €462k
2021: €683k
2022: €702k
2023: €814k
2018 → 2024
Net result
€91k▼ 24.2%
2023 · €120k
2018: €35k
2019: €14k
2020: €62k
2021: €125k
2022: €54k
2023: €120k
2018 → 2024
Working capital
€309k▲ 27.3%
2023 · €243k
2018: €94k
2019: €101k
2020: €150k
2021: €343k
2022: €212k
2023: €243k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€224k-€349k▲ 55.7%€361k▲ 3.2%€409k▲ 13.5%€501k▲ 22.3%
Operating result€86k-€166k▲ 93.6%€75k▼ 54.6%€180k▲ 139%€154k▼ 14.5%
Net result€62k-€125k▲ 103%€54k▼ 56.7%€120k▲ 122%€91k▼ 24.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 14% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €874k
Fixed assets
€405k▲ 1.7%
Current assets
€470k▲ 12.9%
Equity and liabilities €874k
Equity
€501k▲ 22.3%
Debt
€373k▼ 7.7%
The debt ratio falls from 49.7% to 42.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€190k▼
2023 · €215k
Cash flow
€127k▼
2023 · €155k
Solvency
57.3%▲
2023 · 50.3%
Current ratio
2.93▲
2023 · 2.40
Quick ratio
2.93▲
2023 · 2.40
Debt / equity
0.75▼
2023 · 0.99
ROE
18.2%▼
2023 · 29.4%
ROA
10.4%▼
2023 · 14.8%
Interest coverage
93.05▲
2023 · 17.92
Debt
€373k▼
2023 · €404k
Debt ≤ 1 year
€160k▼
2023 · €173k
Debt > 1 year
€213k▼
2023 · €231k
Income taxes
€63k▲
2023 · €50k
Staff costs
€529k▼
2023 · €551k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€814k€874k▲
Fixed assets21/28€398k€405k▲
Tangible fixed assets22/27€398k€404k▲
Land and buildings22€334k€322k▼
Plant, machinery and equipment23€11k€7k▼
Furniture and vehicles24€53k€75k▲
Financial fixed assets28-€500
Current assets29/58€416k€470k▲
Amounts receivable within one year40/41€96k€137k▲
Trade receivables40€50k€84k▲
Other amounts receivable41€46k€53k▲
Cash at bank and in hand54/58€320k€333k▲
Equity and liabilities
Total equity and liabilities10/49€814k€874k▲
Equity10/15€409k€501k▲
Contributions10/11€6k€6k=
Reserves13€160k€219k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€111k€170k▲
Distributable reserves133€47k€47k=
Profit (loss) carried forward14€243k€275k▲
Amounts payable17/49€404k€373k▼
Amounts payable after more than one year17€231k€213k▼
Financial debts170/4€231k€213k▼
Amounts payable within one year42/48€173k€160k▼
Current portion of amounts payable after more than one year42€17k€8k▼
Trade debts44€72k€116k▲
Suppliers440/4€72k€116k▲
Taxes, remuneration and social security45€18k€15k▼
Remuneration and social security454/9€18k€15k▼
Other amounts payable47/48€65k€20k▼
Accrued charges and deferred income492/3€314-
Income statement
Code20232024
Remuneration, social security and pensions62€551k€529k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€36k▲
Other operating charges640/8€6k€8k▲
Non-recurring operating charges66A€941-
Gross operating margin9900€772k€727k▼
Operating profit (loss)9901€180k€154k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€12k€2k▼
Recurring financial charges65€12k€2k▼
Profit (loss) for the period before taxes9903€171k€154k▼
Income taxes67/77€50k€63k▲
Profit (loss) for the period9904€120k€91k▼
Transfer to tax-exempt reserves689€51k€59k▲
Profit (loss) for the period to be appropriated9905€70k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€315k€275k▼
Profit (loss) brought forward from the previous period14P€245k€243k▼
Profit to be distributed694/7€72k-
Return on contributions (dividend)694€72k-
Social balance
Average headcount (FTE)908710.08.9▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 137 days late
2024
31-12
Financial
Equity above €500kEq €501k ▲22.3%
7 profitable years in a row build equity to €501k.
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 66 days late
2023
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 63 days late
03-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 246 days late
2021
31-12
Financial
Highest result since 2018net €125k ▲103%
Net result €125k, the highest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 4.60
Current ratio from 2.08 to 4.60; short-term debt falls from €94k to €42k.
31-12
Financial
Equity above €200kEq €224k ▲26.7%
3 profitable years in a row build equity to €224k.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Weakest financial yearnet €14k ▼60.2%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 55 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Hulshout · 2 establishment units since 2012
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.
Corbeillestraat 802235 HulshoutGround area
7,709 m²
Building footprint
5,871 m²
Volume, LiDAR
3,748 m³
2 parcels, Flanders · tallest building 9.4 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
BVB Service
since 20122.205.549.970
BVB Service
since 20182.288.176.550
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13050B0068/00F003 | Flanders | 6,458 m² | 1 · 5,649 m² | 9.4 m |
| 24033D0124/00R000 | Flanders | 1,251 m² | 1 · 222 m² | 7.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 4,877 EUR awarded · 4,667 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,195 EUR | 2,063 EUR |
| 2024 | 1 | 1,208 EUR | 1,130 EUR |
| 2023 | 1 | 497 EUR | 497 EUR |
| 2022 | 1 | 977 EUR | 977 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
1 live approvalMonteur sanitaire en verwarmingsinstallaties duaal (so)
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Of 9,531 companies in sector 43222 we hold annual accounts for 5,661. 4,010 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-12-2011
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.