Equity
BVHX has made a profit in every financial year since 2023.
BVHX has made a profit in every financial year since 2023.
The result rose in 2025 from €30,265 to €245,631.
The micro format states no turnover.
Short-term debts rose from €39,542 to €61,190.
The 2023 accounts came 132 days late. The other two were filed on time.
Higher net result than 95% of companies in head offices and management consultancy. Sector median €26,448 · 41,229 companies.
In July 2024, 39,274 companies had the same profile as BVHX has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,274 companies, not a prediction for BVHX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| BVHX Knokke-Heist | €434,690 | €356,278 | 66.2% | - |
| Hg Izegem | €451,562 | €307,291 | 58.5% | - |
| GOBOS Hooglede | €406,098 | €284,654 | 81.1% | - |
| Monty Inc Sint-Gillis (bij-Brussel) | €512,023 | €373,550 | 80.3% | - |
| WVS Diest | €417,121 | €320,966 | 80.4% | - |
| KBC Sustainability Services Leuven | €476,718 | €401,934 | 65.1% | 6 |
| ENSEO BELGIUM Tournai | €353,183 | €345,463 | 26.2% | - |
These companies have the same main activity as BVHX: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €353,000 and €512,000, founded between 2022 and 2023.
BVHX files the micro format. That format states no turnover. The gross margin rose from €15,253 in 2023 to €356,278 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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