H+ BV
ActiveH+ BV has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.15M and a net result of €721k. Equity is growing by ~25% per year across the filed fiscal years. Its solvency ranks better than 24% of 7924 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-30
Solvency33▲+6
Growth52=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €350k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.26 in 2024), and 81.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
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
18.7%
Return on assets
2.6%
Age of the figures
11 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 7924 sector peers (2025).
NBB · sector comparisonPosition among 7924 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
3 d early
2024
1 d early
2023
on the day
2014
64 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5.15M▲ 16.3%
2024 · €4.43M
2023: €2.93M
2024: €4.43M
2023 → 2025
Total assets
€27.59M▼ 1.6%
2024 · €28.04M
2023: €29.45M
2024: €28.04M
2023 → 2025
Net result
€721k▼ 51.8%
2024 · €1.50M
2023: €2.92M
2024: €1.50M
2023 → 2025
Working capital
€2.25M▲ 60.7%
2024 · €1.40M
2023: €661k
2024: €1.40M
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€2.93M-€4.43M▲ 51.0%€5.15M▲ 16.3%
Operating result€3.44M-€2.15M▼ 37.7%€1.85M▼ 13.9%
Net result€2.92M-€1.50M▼ 48.8%€721k▼ 51.8%
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 two years in a row; 2025 is 14% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27.59M
Fixed assets
€19.89M▼ 6.1%
Current assets
€7.70M▲ 12.2%
Equity and liabilities €27.59M
Equity
€5.15M▲ 16.3%
Debt
€22.44M▼ 4.9%
The debt ratio falls from 84.2% to 81.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€3.33M▼
2024 · €3.41M
Cash flow
€2.20M▼
2024 · €2.76M
Solvency
18.7%▲
2024 · 15.8%
Current ratio
1.41▲
2024 · 1.26
Quick ratio
1.41▲
2024 · 1.26
Debt / equity
4.35▼
2024 · 5.33
ROE
14.0%▼
2024 · 33.8%
ROA
2.6%▼
2024 · 5.3%
Interest coverage
3.77▼
2024 · 6.24
Debt
€22.44M▼
2024 · €23.61M
Debt ≤ 1 year
€5.45M▼
2024 · €5.47M
Debt > 1 year
€16.95M▼
2024 · €18.10M
Income taxes
€244k▲
2024 · €104k
Staff costs
€632k▲
2024 · €544k
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€28.04M€27.59M▼
Fixed assets21/28€21.17M€19.89M▼
Tangible fixed assets22/27€21.17M€19.89M▼
Plant, machinery and equipment23€232k€5.32M▲
Furniture and vehicles24€79k€68k▼
Leasing and similar rights25€11.64M€10.97M▼
Other tangible fixed assets26€3.72M€3.53M▼
Assets under construction and advance payments27€5.50M€0▼
Current assets29/58€6.87M€7.70M▲
Amounts receivable within one year40/41€6.86M€7.57M▲
Trade receivables40€6.51M€7.51M▲
Other amounts receivable41€350k€64k▼
Cash at bank and in hand54/58€5k€128k▲
Deferred charges and accrued income490/1€948€943▼
Equity and liabilities
Total equity and liabilities10/49€28.04M€27.59M▼
Equity10/15€4.43M€5.15M▲
Contributions10/11€51k€51k=
Reserves13€100€100=
Distributable reserves133€100€100=
Profit (loss) carried forward14€4.38M€5.10M▲
Amounts payable17/49€23.61M€22.44M▼
Amounts payable after more than one year17€18.10M€16.95M▼
Financial debts170/4€18.10M€16.95M▼
Amounts payable within one year42/48€5.47M€5.45M▼
Current portion of amounts payable after more than one year42€1.13M€1.15M▲
Trade debts44€2.93M€2.80M▼
Suppliers440/4€2.93M€2.80M▼
Taxes, remuneration and social security45€191k€352k▲
Taxes450/3€107k€247k▲
Remuneration and social security454/9€84k€104k▲
Other amounts payable47/48€1.22M€1.15M▼
Accrued charges and deferred income492/3€43k€38k▼
Income statement
Code20242025
Remuneration, social security and pensions62€544k€632k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.26M€1.48M▲
Other operating charges640/8€1k€531▼
Non-recurring operating charges66A€649€0▼
Gross operating margin9900€3.95M€3.96M▲
Operating profit (loss)9901€2.15M€1.85M▼
Financial income75/76B€1€936▲
Recurring financial income75€1€936▲
Financial charges65/66B€546k€883k▲
Recurring financial charges65€546k€883k▲
Profit (loss) for the period before taxes9903€1.60M€966k▼
Income taxes67/77€104k€244k▲
Profit (loss) for the period9904€1.50M€721k▼
Profit (loss) for the period to be appropriated9905€1.50M€721k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4.38M€5.10M▲
Profit (loss) brought forward from the previous period14P€2.88M€4.38M▲
Social balance
Average headcount (FTE)90878.810.5▲
The notes to these accounts (19 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
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €721k ▼51.8%
Net result drops to €721k, the lowest in the series.
30-09
Financial
Equity above €5MEq €5.15M ▲16.3%
3 profitable years in a row build equity to €5.15M.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Temse · 1 establishment unit since 2022
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.
Haagdam 2A en 2A +9140 TemseGround area
5.0 ha
Building footprint
1.3 ha
Volume, LiDAR
39 m³
2 parcels, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Haagdam 2A, 9140 Temse
since 20222.334.908.081
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025A0849/00F000 | Flanders | 4.5 ha | 1 · 1.3 ha | - |
| 46025A0852/00_000 | Flanders | 4,788 m² | 1 · 5 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteTemse2.334.908.081
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Of 595 companies in sector 10111 we hold annual accounts for 327. 94 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2011
Fiscal year end30-09
Activities, NACEBEL
10110Manufacture of food products
10111Manufacture of food products
46232Wholesale trade
10130Manufacture of food products
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.