BVTH
ActiveSummary
The computed 12-month bankruptcy probability of BVTH is 3.9% (moderate). The 2024 annual accounts show equity of €35k and a net result of €5k. Its solvency ranks better than 60% of 26043 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes
Profitability77
Solvency69
Growth-
Track record67
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.56; short-term debt: 41.9% and cash: 1.5% of total assets), but 56.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
43.9%
Return on assets
6.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-10-2025, 85 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2024
85 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€35k
Total assets
€80k
Net result
€5k
Working capital
€19k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €80k
Fixed assets
€28k
Current assets
€52k
Equity and liabilities €80k
Equity
€35k
Debt
€45k
Debt finances 56.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€8k
Cash flow
€7k
Current ratio
1.56
Quick ratio
0.06
Debt to equity
1.28
ROE
14.8%
ROA
6.5%
Interest coverage
64.32
Debt ≤ 1 year
€34k
Debt > 1 year
€11k
Income taxes
€1k
Filed annual accounts As filed with the NBB · 2024 · 34 lines
Balance sheet
Code2024
Assets
Total assets20/58€80k
Fixed assets21/28€28k
Intangible fixed assets21€14k
Financial fixed assets28€14k
Current assets29/58€52k
Stocks and contracts in progress3€50k
Stocks30/36€50k
Amounts receivable within one year40/41€880
Trade receivables40€880
Cash at bank and in hand54/58€1k
Equity and liabilities
Total equity and liabilities10/49€80k
Equity10/15€35k
Contributions10/11€30k
Profit (loss) carried forward14€5k
Amounts payable17/49€45k
Amounts payable after more than one year17€11k
Financial debts170/4€11k
Amounts payable within one year42/48€34k
Trade debts44€25k
Suppliers440/4€25k
Taxes, remuneration and social security45€1k
Taxes450/3€1k
Other amounts payable47/48€7k
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€2k
Gross operating margin9900€10k
Operating profit (loss)9901€7k
Financial charges65/66B€125
Recurring financial charges65€125
Profit (loss) for the period before taxes9903€6k
Income taxes67/77€1k
Profit (loss) for the period9904€5k
Profit (loss) for the period to be appropriated9905€5k
Appropriation of the result
Profit (loss) to be appropriated9906€5k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k |
| Other operating charges640/8 | €2k |
| Gross operating margin9900 | €10k |
| Operating profit (loss)9901 | €7k |
| Financial charges65/66B | €125 |
| Recurring financial charges65 | €125 |
| Profit (loss) for the period before taxes9903 | €6k |
| Income taxes67/77 | €1k |
| Profit (loss) for the period9904 | €5k |
| Profit (loss) for the period to be appropriated9905 | €5k |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €80k | |
| Fixed assets21/28 | €28k | |
| Intangible fixed assets21 | €14k | |
| Financial fixed assets28 | €14k | |
| Current assets29/58 | €52k | |
| Stocks and contracts in progress3 | €50k | |
| Stocks30/36 | €50k | |
| Amounts receivable within one year40/41 | €880 | |
| Trade receivables40 | €880 | |
| Cash at bank and in hand54/58 | €1k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €80k | |
| Equity10/15 | €35k | |
| Contributions10/11 | €30k | |
| Profit (loss) carried forward14 | €5k | |
| Amounts payable17/49 | €45k | |
| Amounts payable after more than one year17 | €11k | |
| Financial debts170/4 | €11k | |
| Amounts payable within one year42/48 | €34k | |
| Trade debts44 | €25k | |
| Suppliers440/4 | €25k | |
| Taxes, remuneration and social security45 | €1k | |
| Taxes450/3 | €1k | |
| Other amounts payable47/48 | €7k | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €5k |
| + Depreciation and write-downs630 | €2k |
| Operating cash flow (approximation) | €7k |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 85 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Etterbeek · 1 establishment unit since 2023
Ground area
220 m²
Building footprint
204 m²
Volume, LiDAR
2,659 m³
Parcel 21362B0036/00B005, Brussels · tallest building 21.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ISPAHAN
since 20232.352.405.594
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0036/00B005 | Brussels | 219 m² | 1 · 204 m² | 21.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
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 siteEtterbeek2.352.405.594
Similar companies · same sector, comparable size
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LA BIOSPHERE
BE 0479.787.833
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GDL GROUP
BE 0872.828.566
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JABBAR BUSINESS CENTER
BE 0477.517.835
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Of 10,510 companies in sector 47110 we hold annual accounts for 5,851. 4,505 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47252Retail sale of beverages, general range
47260Retail trade
56112Limited-service restaurants, excluding mobile food services
92000Gambling and betting activities
Scores and ratios are computed by Checked and are not a credit decision.