BVO
ActiveBVO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.01M and a net result of €469k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 43% of 10310 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-10
Solvency56▲+5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.34 in 2024; short-term debt: 66.8% and cash: 5.7% of total assets), and 68.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.1%
Return on assets
14.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
74 d early
2024
27 d early
2023
64 d early
2022
25 d early
2021
19 d early
2020
26 d early
2019
15 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.01M▲ 7.3%
2024 · €942k
2018: €333k
2019: €382k
2020: €506k
2021: €644k
2022: €887k
2023: €895k
2024: €942k
2018 → 2025
Total assets
€3.25M▼ 9.0%
2024 · €3.57M
2018: €2.60M
2019: €2.82M
2020: €3.48M
2021: €3.36M
2022: €3.23M
2023: €3.58M
2024: €3.57M
2018 → 2025
Net result
€469k▼ 41.1%
2024 · €797k
2018: €648k
2019: €699k
2020: €1.12M
2021: €1.24M
2022: €1.14M
2023: €808k
2024: €797k
2018 → 2025
Working capital
€1.03M▲ 14.5%
2024 · €902k
2018: €306k
2019: €304k
2020: €456k
2021: €622k
2022: €871k
2023: €883k
2024: €902k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€644k-€887k▲ 37.7%€895k▲ 0.9%€942k▲ 5.2%€1.01M▲ 7.3%
Operating result€1.69M-€1.47M▼ 13.4%€1.10M▼ 25.2%€892k▼ 18.6%€700k▼ 21.5%
Net result€1.24M-€1.14M▼ 7.6%€808k▼ 29.3%€797k▼ 1.4%€469k▼ 41.1%
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 four years in a row; 2025 is 22% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.25M
Fixed assets
€46k▼ 8.1%
Current assets
€3.20M▼ 9.0%
Equity and liabilities €3.25M
Equity
€1.01M▲ 7.3%
Debt
€2.24M▼ 14.9%
The debt ratio falls from 73.6% to 68.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€713k▼
2024 · €906k
Cash flow
€482k▼
2024 · €811k
Solvency
31.1%▲
2024 · 26.4%
Current ratio
1.48▲
2024 · 1.34
Quick ratio
0.59▲
2024 · 0.54
Debt / equity
2.21▼
2024 · 2.79
ROE
46.4%▼
2024 · 84.6%
ROA
14.4%▼
2024 · 22.3%
Interest coverage
10.90▼
2024 · 11.19
Debt
€2.24M▼
2024 · €2.63M
Debt ≤ 1 year
€2.17M▼
2024 · €2.62M
Income taxes
€177k▲
2024 · €15k
Staff costs
€892k▲
2024 · €883k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.57M€3.25M▼
Fixed assets21/28€50k€46k▼
Tangible fixed assets22/27€50k€46k▼
Plant, machinery and equipment23€50k€43k▼
Furniture and vehicles24-€3k
Current assets29/58€3.52M€3.20M▼
Stocks and contracts in progress3€2.11M€1.93M▼
Stocks30/36€2.11M€1.93M▼
Amounts receivable within one year40/41€1.16M€1.09M▼
Trade receivables40€99k€103k▲
Other amounts receivable41€1.06M€985k▼
Cash at bank and in hand54/58€246k€184k▼
Deferred charges and accrued income490/1€995€735▼
Equity and liabilities
Total equity and liabilities10/49€3.57M€3.25M▼
Equity10/15€942k€1.01M▲
Contributions10/11€75k€75k=
Reserves13€8k€8k=
Distributable reserves133€8k€8k=
Profit (loss) carried forward14€859k€929k▲
Amounts payable17/49€2.63M€2.24M▼
Amounts payable within one year42/48€2.62M€2.17M▼
Financial debts43€1.13M€1.07M▼
Credit institutions430/8€1.13M€1.07M▼
Trade debts44€432k€346k▼
Suppliers440/4€432k€346k▼
Advances received on contracts in progress46€15k€31k▲
Taxes, remuneration and social security45€188k€181k▼
Taxes450/3€49k€44k▼
Remuneration and social security454/9€139k€137k▼
Other amounts payable47/48€847k€544k▼
Accrued charges and deferred income492/3€10k€67k▲
Income statement
Code20242025
Non-recurring operating income76A-€6k
Remuneration, social security and pensions62€883k€892k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k-
Other operating charges640/8€122k€66k▼
Non-recurring operating charges66A-€17k
Gross operating margin9900€1.91M€1.69M▼
Operating profit (loss)9901€892k€700k▼
Financial income75/76B€322€11k▲
Recurring financial income75€322€11k▲
Financial charges65/66B€81k€65k▼
Recurring financial charges65€81k€65k▼
Profit (loss) for the period before taxes9903€812k€646k▼
Income taxes67/77€15k€177k▲
Profit (loss) for the period9904€797k€469k▼
Profit (loss) for the period to be appropriated9905€797k€469k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.61M€1.33M▼
Profit (loss) brought forward from the previous period14P€813k€859k▲
Profit to be distributed694/7€750k€400k▼
Return on contributions (dividend)694€450k€400k▼
Directors or managers695€300k-
Social balance
Average headcount (FTE)908719.319.6▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €469k ▼41.1%
Net result drops to €469k, the lowest in the series.
31-12
Financial
Equity above €1MEq €1.01M ▲7.3%
8 profitable years in a row build equity to €1.01M.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €1.24M ▲10.1%
Operating result €1.69M, net result €1.24M, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500kEq €506k ▲32.6%
3 profitable years in a row build equity to €506k.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Herent · 1 establishment unit since 2001
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.
Brusselsesteenweg 63020 HerentGround area
1.3 ha
Building footprint
4,381 m²
Volume, LiDAR
26,938 m³
Parcel 24423I0062/00P000, Flanders · tallest building 12.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HUBO
since 20012.093.156.367
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24423I0062/00P000 | Flanders | 1.3 ha | 1 · 4,381 m² | 12.0 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHerent2.093.156.367
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Of 1,720 companies in sector 47521 we hold annual accounts for 1,288. 937 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-2001
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.