BVH
InactiveInactive; last annual accounts for fiscal year 2025. Dissolved without liquidation on 29-12-2025.
Signals
1 signal. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-07-2026, 153 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
153 d late
2024
28 d late
2023
31 d late
2022
31 d late
2021
61 d late
2020
26 d early
2019
59 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€162k▲ 19.9%
2024 · €135k
2018: €24k
2019: €36k
2020: €19k
2021: €19k
2022: €22k
2023: €75k
2024: €135k
2018 → 2025
Total assets
€795k▲ 1.3%
2024 · €785k
2018: €352k
2019: €344k
2020: €160k
2021: €252k
2022: €396k
2023: €557k
2024: €785k
2018 → 2025
Net result
€27k▼ 54.9%
2024 · €60k
2018: €-14k
2019: €12k
2020: €-17k
2021: €76k
2022: €133k
2023: €154k
2024: €60k
2018 → 2025
Working capital
€61k▲ 276%
2024 · €16k
2018: €-231k
2019: €-215k
2020: €-19k
2021: €-5k
2022: €-97k
2023: €-79k
2024: €16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€22k▲ 13.7%€75k▲ 249%€135k▲ 79.2%€162k▲ 19.9%
Operating result€78k-€150k▲ 91.1%€180k▲ 20.4%€92k▼ 49.2%€41k▼ 55.3%
Net result€76k-€133k▲ 74.6%€154k▲ 15.9%€60k▼ 61.2%€27k▼ 54.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 55% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €795k
Fixed assets
€170k ▼ 9.9%
Current assets
€625k ▲ 4.8%
Equity and liabilities €795k
Equity
€162k ▲ 19.9%
Debt
€633k ▼ 2.6%
Debt's share of the balance-sheet total falls from 82.8% to 79.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▼
2024 · €136k
Cash flow
€45k▼
2024 · €105k
Current ratio
1.11▲
2024 · 1.03
Debt to equity
3.91▼
2024 · 4.82
ROE
16.6%▼
2024 · 44.2%
ROA
3.4%▼
2024 · 7.6%
Interest coverage
12.94▼
2024 · 14.31
Debt ≤ 1 year
€565k▼
2024 · €581k
Debt > 1 year
€41k=
2024 · €41k
Income taxes
€16k▼
2024 · €40k
Staff costs
€490k▼
2024 · €751k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€785k€795k▲
Fixed assets21/28€189k€170k▼
Tangible fixed assets22/27€188k€170k▼
Plant, machinery and equipment23€7k€7k▲
Furniture and vehicles24€38k€34k▼
Leasing and similar rights25€60k€49k▼
Other tangible fixed assets26€84k€80k▼
Financial fixed assets28€330€330=
Current assets29/58€597k€625k▲
Amounts receivable within one year40/41€571k€582k▲
Trade receivables40€188k€327k▲
Other amounts receivable41€382k€255k▼
Cash at bank and in hand54/58€5k€11k▲
Deferred charges and accrued income490/1€21k€33k▲
Equity and liabilities
Total equity and liabilities10/49€785k€795k▲
Equity10/15€135k€162k▲
Contributions10/11€14k€14k=
Reserves13€121k€148k▲
Distributable reserves133€121k€148k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€650k€633k▼
Amounts payable after more than one year17€41k€41k=
Financial debts170/4€41k€41k=
Amounts payable within one year42/48€581k€565k▼
Current portion of amounts payable after more than one year42€19k€10k▼
Trade debts44€327k€285k▼
Suppliers440/4€327k€285k▼
Taxes, remuneration and social security45€134k€170k▲
Taxes450/3€75k€65k▼
Remuneration and social security454/9€59k€106k▲
Other amounts payable47/48€100k€100k=
Accrued charges and deferred income492/3€29k€28k▼
Income statement
Code20242025
Remuneration, social security and pensions62€751k€490k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€19k▼
Other operating charges640/8€9k€3k▼
Non-recurring operating charges66A€7k€10k▲
Gross operating margin9900€903k€561k▼
Operating profit (loss)9901€92k€41k▼
Financial income75/76B€18k€6k▼
Recurring financial income75€18k€6k▼
Financial charges65/66B€10k€5k▼
Recurring financial charges65€10k€5k▼
Profit (loss) for the period before taxes9903€100k€43k▼
Income taxes67/77€40k€16k▼
Profit (loss) for the period9904€60k€27k▼
Profit (loss) for the period to be appropriated9905€60k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€60k€27k▼
Transfer from equity791/2€36k€0▼
Transfer to equity691/2€96k€27k▼
To other reserves6921€96k€27k▼
Profit to be distributed694/7€0-
Directors or managers695€0-
Social balance
Average headcount (FTE)90879.510.7▲
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 153 days late
28-01
State Gazette act
Restructuring · End & cessationResignations: PARTE EXPERT, CAMEL Q and 2 others · Permanent representatives: BLOCKHUYS Olivier Julien Aimé, VAN BAEL Nathasja and 2 others · Merger13 facts ▸
State Gazette act
Restructuring · End & cessation
Resignations: PARTE EXPERT, CAMEL Q and 2 others · Permanent representatives: BLOCKHUYS Olivier Julien Aimé, VAN BAEL Nathasja and 2 others · Merger13 facts ▸
- General meeting, 29-12-2025
- Merger, absorption
- Accounting effect, 01-07-2025
- Dissolution, 29-12-2025
- Director resignation, PARTE EXPERT (director)
- Permanent representative, BLOCKHUYS Olivier Julien Aimé
- Director resignation, CAMEL Q (director)
- Permanent representative, VAN BAEL Nathasja
- Director resignation, DEGROEP (director)
- Permanent representative, COUSSEMENT Bram Isaac Jacob
- Director resignation, VANHUYLENBROECK Céline (director)
- Director resignation, DEGROEP (managing director)
- +1 further facts in this act
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
30-06
Financial
Equity above €150kEq €162k ▲19.9%
5 profitable years in a row build equity to €162k.
2024
31-12
Financial
Equity above €100kEq €135k ▲79.2%
4 profitable years in a row build equity to €135k.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
31-12
Financial
Highest result since 2018net €154k ▲15.9%
Operating result €180k, net result €154k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
31-12
Financial
Back to profitnet €76k
Net result €76k after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-17k ▼238%
Net result drops to €-17k, the lowest in the series.
Show earlier events
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 12 acts read
About the unread acts
Of the 12 Belgian State Gazette acts we know for this company, 1 has been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
29-12-2025
Camel Q: Resigned as Director
29-12-2025
DEGROEP: Resigned as Director
29-12-2025
DEGROEP: Resigned as Managing director
29-12-2025
PARTE EXPERT: Resigned as Director
29-12-2025
VANHUYLENBROECK Céline: Resigned as Director
Not every act has been read: a resignation may be missing here
11 of this company's 12 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Ground area
5,230 m²
Building footprint
361 m²
Volume, LiDAR
3,867 m³
Parcel 23078A0303/00E000, Flanders · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23078A0303/00E000 | Flanders | 5,230 m² | 1 · 361 m² | 13.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:PARTE