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GEBR. HOLVOET GHV.

Active
Public limited companyfounded 1986active for 40 yearsGroenstraat 4, 8770 Ingelmunster, BelgiumKBO/BCE: BE 0428.253.713

From the official registers: KBO 40 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

GEBR. HOLVOET GHV. has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.0m and a net result of €112,744. Equity has been growing by about 4.8% per year since 2018. The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 07-01-1986 Normal situation
Activity
Manufacture of other builders' carpentry and joinery NACE 16230and 3 others
Establishment unit
2.045.733.958 8770 Ingelmunster, since 21-01-1986
Financial year end
31 March
Peppol
Reachable since 10-01-2025

Board and ownership

Board
  • BV CIGMAManaging director · permanent representative Dieter Vandewege
  • BV CORICKManaging director · permanent representative Frederick Cornillie
  • BV KALMIDRADirector · since 01-02-2026 · permanent representative Kristien Loontjens

Financial position

88 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 31-03-2026
Turnover
€13.2m
▲ 25.9%
Profit
€112,744
▲ 21.4%
Equity
€1.0m
▼ 32.7%
Total assets
€4.9m
▲ 18.2%
Staff
23.2 FTE
=
Filed on 05-10-2026, 26 days before the deadlineat the National Bank
Score breakdownraises riskEquity €1.0m (20.5% of total assets)Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)lowers riskLiquidity: current ratio 1.21, cash €1.3mFounded in 1986Show the evidence

Checked score

Score 2026
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 38% of small companies in wood and cork (NACE 16)
Financial strength · tick: 2025
Average
Solvency 46-15
equity 20.5% of total assets
Liquidity 42-20
short-term debt 74.7% · cash 25.9%
Profitability 58-1
return on assets 2.3%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (165 companies, NACE 16, small)
Last 24 months 11-2024: 0.5% 12-2024: 0.9%▲ +0.4 percentage points vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.8%▼ -0.1 percentage points vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025highest value 09-2025: 0.1%▼ -0.8 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026
Credit of up to €85,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.21 (1.45 in 2025), below the usual 1.5. Short-term debt is 74.7% and cash 25.9% of total assets. 79.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 16, small). It does better than 18% of them on solvency, 41% on liquidity, 42% on profitability and 49% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.21, cash €1.3m
NBB · annual accounts
raises risk · Equity €1.0m (20.5% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
KBO
lowers risk · Founded in 1986
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 05-10-2026, 26 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
26 days early
2025
74 days early
2024
3 days early
2023
48 days early
2022
34 days early
2021
19 days late
2019
11 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 27 September (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 8th largest employer in Ingelmunster, Manufacturing sectorin the Checked rankings No. 8 View
  • New directorslatest change 01-02-2026 · 3 in office 3 joined View
  • Positive: 8 profitable years in a rowprofit 2026: €112,744 8 years View
  • Caution: Equity fell in 2026from €1.5m to €1.0m ▼ 32.7% View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 5 years View
  • Flemish supportawarded from 2022 to 2025 €70,184 View

Comparable companies

These companies have the same main activity as GEBR. HOLVOET GHV.: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €3m and €10m, founded between 1972 and 2006.

CompanyTotal assetsTurnover
GEBR. HOLVOET GHV. Ingelmunster€4.9m€13.2m
OSTYN FACILITIES Mouscron€9.4m€10.4m
SOLID Spiere-Helkijn€10.2m€11.8m
CHALET CENTER Temse€7.7m€15.1m
SOPROFEN VLAANDEREN Lokeren€3.4m€9.3m
Smets Houtbedrijf Zulte€3.0m€5.4m
TANDEM WOOD PRODUCTS Gavere€8.0m€23.4m
Full comparison

Documents

Annual accounts at the NBB

All 40 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about GEBR. HOLVOET GHV.

What is the company number of GEBR. HOLVOET GHV.?
The company number of GEBR. HOLVOET GHV. is 0428.253.713. The VAT number is the same number with BE in front: BE 0428.253.713.
Where is GEBR. HOLVOET GHV. based?
The registered office is at Groenstraat 4, 8770 Ingelmunster.Company details
What does GEBR. HOLVOET GHV. do?
According to the KBO register, the main activity is manufacture of other builders' carpentry and joinery (NACE 16230).
What is the legal form of GEBR. HOLVOET GHV.?
The legal form of GEBR. HOLVOET GHV. is Public limited company (NV).
When was GEBR. HOLVOET GHV. founded?
GEBR. HOLVOET GHV. was founded on 07-01-1986.
Is GEBR. HOLVOET GHV. still active?
Yes, GEBR. HOLVOET GHV. is an active enterprise in the KBO register.
How many employees does GEBR. HOLVOET GHV. have?
GEBR. HOLVOET GHV. had an average of 23.2 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of GEBR. HOLVOET GHV.?
The turnover of GEBR. HOLVOET GHV. was €13.2m in financial year 2026, according to the filed annual accounts.
Is GEBR. HOLVOET GHV. profitable?
In financial year 2026, GEBR. HOLVOET GHV. made a profit of €112,744.
Where can I find the annual accounts of GEBR. HOLVOET GHV.?
GEBR. HOLVOET GHV. filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2026.Annual accounts at the National Bank
When are the next annual accounts of GEBR. HOLVOET GHV. due?
GEBR. HOLVOET GHV. must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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