H & V CARPETS
ActiveH & V CARPETS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-695k) and a net result of €-8k. Equity is shrinking by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 7955 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
36
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-52
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.6 against 7.32 in 2024; short-term debt: 59.9% and cash: 20.8% of total assets), but equity is negative.
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 · 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 2025Solvency, return and age of the figures
Return on assets
-15.3%
Age of the figures
9 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-695k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 10 filingsDeviation from the deadline
2025
21 d late
2024
42 d early
2023
29 d late
2022
39 d early
2021
17 d early
2020
3 d early
2019
31 d late
← 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
€-695k▼ 1.1%
2024 · €-687k
2018: €86k
2019: €-425k
2020: €-645k
2021: €-671k
2022: €-645k
2023: €-709k
2024: €-687k
2018 → 2025
Total assets
€51k▼ 85.9%
2024 · €362k
2018: €3.51M
2019: €2.67M
2020: €2.18M
2021: €1.06M
2022: €754k
2023: €404k
2024: €362k
2018 → 2025
Net result
€-8k
2024 · €21k
2018: €236k
2019: €-511k
2020: €-221k
2021: €-26k
2022: €26k
2023: €-63k
2024: €21k
2018 → 2025
Working capital
€18k▼ 94.1%
2024 · €311k
2018: €45k
2019: €549k
2020: €323k
2021: €308k
2022: €352k
2023: €306k
2024: €311k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-671k-€-645k▲ 3.9%€-709k▼ 9.8%€-687k▲ 3.0%€-695k▼ 1.1%
Operating result€-67k-€42k€-66k€12k€9k▼ 25.3%
Net result€-26k-€26k€-63k€21k€-8k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€2k=
Current assets
€49k▼ 86.4%
Key figures and ratios
Current ratio
1.60▼
2024 · 7.32
Quick ratio
1.60▼
2024 · 7.32
Debt / equity
-1.07▲
2024 · -1.53
ROA
-15.3%▼
2024 · 5.9%
Debt
€746k▼
2024 · €1.05M
Debt ≤ 1 year
€30k▼
2024 · €49k
Debt > 1 year
€716k▼
2024 · €1.00M
Staff costs
€114k▼
2024 · €114k
A ratio outside any meaningful range has been withheld (balance sheet total €51k, equity €-695k).
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€362k€51k▼
Fixed assets21/28€2k€2k=
Financial fixed assets28€2k€2k=
Current assets29/58€360k€49k▼
Amounts receivable within one year40/41€325k€37k▼
Trade receivables40€323k€37k▼
Other amounts receivable41€1k€561▼
Cash at bank and in hand54/58€24k€11k▼
Deferred charges and accrued income490/1€11k€971▼
Equity and liabilities
Total equity and liabilities10/49€362k€51k▼
Equity10/15€-687k€-695k▼
Contributions10/11€150k€150k=
Reserves13€15k€15k=
Non-distributable reserves130/1€15k€15k=
Other1319€15k€15k=
Tax-exempt reserves132€108€108=
Profit (loss) carried forward14€-852k€-860k▼
Amounts payable17/49€1.05M€746k▼
Amounts payable after more than one year17€1.00M€716k▼
Financial debts170/4€1.00M€716k▼
Amounts payable within one year42/48€49k€30k▼
Trade debts44€36k€17k▼
Suppliers440/4€36k€17k▼
Taxes, remuneration and social security45€13k€13k▲
Remuneration and social security454/9€13k€13k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€114k€114k▼
Other operating charges640/8€820€758▼
Gross operating margin9900€127k€123k▼
Operating profit (loss)9901€12k€9k▼
Financial income75/76B€12k€0▼
Recurring financial income75€12k€0▼
Financial charges65/66B€2k€17k▲
Recurring financial charges65€2k€17k▲
Profit (loss) for the period before taxes9903€21k€-8k▼
Profit (loss) for the period9904€21k€-8k▼
Profit (loss) for the period to be appropriated9905€21k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-852k€-860k▼
Profit (loss) brought forward from the previous period14P€-874k€-852k▲
Social balance
Average headcount (FTE)90871.51.5=
The notes to these accounts (12 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 21 days late
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 4.18
Current ratio from 1.90 to 4.18; short-term debt falls from €391k to €96k.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €26k
Net result €26k after 3 loss-making years.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €-511k ▼316%
Net result drops to €-511k, the lowest in the series; recovery starts the following year.
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
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
10 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, Lendelede · 1 establishment unit since 1997
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.
Sint Jozefsstraat 58860 LendeledeGround area
246 m²
Building footprint
246 m²
Volume, LiDAR
1,684 m³
Parcel 34025C0025/00K000, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
H & V CARPETS
since 19972.045.880.052
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34025C0025/00K000 | Flanders | 246 m² | 1 · 246 m² | 11.0 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
Legal Entity Identifier
549300ND1JZZWWY4QL83
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Of 308 companies in sector 46473 we hold annual accounts for 215. 148 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-11-1989
Fiscal year end31-12
Activities, NACEBEL
13930Manufacture of textiles
46473Wholesale trade
51471
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.