BVH ENGINEERING
ActiveBVH ENGINEERING has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €190k and a net result of €9k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 31% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
87
/ 100
Excellent▲ +11 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability24▲+23
Solvency70▲+8
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 1.75 against 1.52 in 2023), but 65.8% of the assets are financed with debt.
Credit advice for your own amount and term
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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
30 d early
2022
30 d late
2021
20 d early
2020
11 d early
2019
11 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€190k▲ 5.0%
2023 · €181k
2018: €71k
2019: €106k
2020: €151k
2021: €175k
2022: €180k
2023: €181k
2018 → 2024
Total assets
€554k▼ 1.6%
2023 · €563k
2018: €84k
2019: €110k
2020: €702k
2021: €608k
2022: €581k
2023: €563k
2018 → 2024
Net result
€9k▲ 1,869%
2023 · €458
2018: €35k
2019: €35k
2020: €45k
2021: €24k
2022: €5k
2023: €458
2018 → 2024
Working capital
€53k▲ 51.1%
2023 · €35k
2018: €64k
2019: €98k
2020: €11k
2021: €31k
2022: €38k
2023: €35k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€151k-€175k▲ 16.1%€180k▲ 2.8%€181k▲ 0.3%€190k▲ 5.0%
Operating result€47k-€30k▼ 37.3%€10k▼ 66.7%€5k▼ 49.5%€16k▲ 218%
Net result€45k-€24k▼ 46.2%€5k▼ 79.5%€458▼ 90.8%€9k▲ 1,869%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 218% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €554k
Fixed assets
€430k▼ 6.5%
Current assets
€124k▲ 20.3%
Equity and liabilities €554k
Equity
€190k▲ 5.0%
Debt
€364k▼ 4.7%
The debt ratio falls from 67.9% to 65.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€49k▲
2023 · €37k
Cash flow
€42k▲
2023 · €32k
Solvency
34.2%▲
2023 · 32.1%
Current ratio
1.75▲
2023 · 1.52
Quick ratio
1.59▲
2023 · 1.30
Debt / equity
1.92▼
2023 · 2.12
ROE
4.8%▲
2023 · 0.3%
ROA
1.6%▲
2023 · 0.1%
Interest coverage
11.87▲
2023 · 8.21
Debt
€364k▼
2023 · €382k
Debt ≤ 1 year
€71k▲
2023 · €68k
Debt > 1 year
€293k▼
2023 · €314k
Income taxes
€3k▲
2023 · €260
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€563k€554k▼
Fixed assets21/28€460k€430k▼
Tangible fixed assets22/27€460k€430k▼
Land and buildings22€418k€402k▼
Plant, machinery and equipment23€24k€17k▼
Furniture and vehicles24€18k€11k▼
Current assets29/58€103k€124k▲
Stocks and contracts in progress3€15k€11k▼
Stocks30/36€15k€11k▼
Amounts receivable within one year40/41€42k€50k▲
Trade receivables40€37k€48k▲
Other amounts receivable41€5k€2k▼
Cash at bank and in hand54/58€27k€48k▲
Deferred charges and accrued income490/1€20k€15k▼
Equity and liabilities
Total equity and liabilities10/49€563k€554k▼
Equity10/15€181k€190k▲
Contributions10/11€25k€25k=
Reserves13€156k€165k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€5k€5k=
Distributable reserves133€151k€160k▲
Amounts payable17/49€382k€364k▼
Amounts payable after more than one year17€314k€293k▼
Financial debts170/4€314k€293k▼
Amounts payable within one year42/48€68k€71k▲
Current portion of amounts payable after more than one year42€21k€21k▲
Trade debts44€16k€18k▲
Suppliers440/4€16k€18k▲
Taxes, remuneration and social security45€6k€6k▲
Taxes450/3€3k€6k▲
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€25k€26k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€33k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€41k€53k▲
Operating profit (loss)9901€5k€16k▲
Financial income75/76B€182€133▼
Recurring financial income75€182€133▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€719€12k▲
Income taxes67/77€260€3k▲
Profit (loss) for the period9904€458€9k▲
Profit (loss) for the period to be appropriated9905€458€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€458€9k▲
Transfer to equity691/2€458€9k▲
To other reserves6921€458€9k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €458 ▼90.8%
Net result drops to €458, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €45k ▲28.9%
Operating result €47k, net result €45k, both a record.
31-12
Financial
Equity above €150kEq €151k ▲42.8%
3 profitable years in a row build equity to €151k.
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity quadruplescurrent ratio 21.09
Current ratio from 5.90 to 21.09; short-term debt falls from €13k to €5k.
31-12
Financial
Equity above €100kEq €106k ▲49.8%
2 profitable years in a row build equity to €106k.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Heuvelland · 1 establishment unit since 2016
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.
Lettingstraat(Dran) 148951 HeuvellandGround area
702 m²
Building footprint
120 m²
Volume, LiDAR
663 m³
Parcel 33006A0405/00M000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BVH ENGINEERING
since 20162.255.388.570
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33006A0405/00M000 | Flanders | 702 m² | 1 · 120 m² | 8.1 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 225 EUR awarded · 225 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 177 EUR | 177 EUR |
| 2022 | 1 | 48 EUR | 48 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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PROSPERTISE
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BROSOLS
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Of 11,505 companies in sector 71121 we hold annual accounts for 6,525. 5,118 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-07-2016
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
43221Plumbing work
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
71209Other technical testing and analysis
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.