Equity
-€809,957
Debts exceed assets in financial year 2025.
H.V.D.
Lifetime
18 annual accounts with figures on one time axis, 28 filings since 1998peak €8.7m (2013)
-not published
lowest -€897,101 (2014)
€73,863▲ 22.8%
peak €291,203 (2012)
-€809,957▲ €73,863
€3.2m▲ 71.9%
peak 4.2 FTE (2008)
0 FTE
Board3 names since 2020
2 directors and 1 other
Owners3 names in the annual accounts
consolidates
Documentsfilings and deeds
03-07-202628 days before the deadline
2025abbreviated format
Gross margin from €103,058 to €153,918Debts from €1.9m to €3.2m
Key points
from the 2025 annual accountsTurnover
≈ €790,000 estimated
The accounts state no turnover.
Debts
€3.2m 133% of the balance sheet
Financial debts 43%Suppliers 1%Taxes and wages 1%Other 55%
Of this, €2.0m falls due within a year.
Filings
28 annual accounts since 1998
The last five annual accounts were filed 17 to 60 days before the end of the period.
Board
1 joined
New director. Latest change 25-03-2026 · 2 in office.
Position in the sector
-€809,957
Less equity than 95% of companies in wholesale trade. Sector median €493,293 · 10,732 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 519 companies had the same profile as H.V.D. has now. Each dot stands for 2 companies, two years later.
91.7%
were still trading
3.9%
stopped another way
2.9%
went bankrupt
Another 1.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 519 companies, not a prediction for H.V.D.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director,
- 99.99%equity €81,086 (2025) · 2024 annual accounts of
- consolidatesannual accounts 2025
Recent changes
1 director appointed, 1 resignation
Resignation: · Permanent representative: · Appointment: · General meeting of 22-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0459969446
Registered office moved from Court-Saint-Etienne to Sint-Genesius-Rode
New registered office: Avenue Lequime 29 à 1640 Rhode-Saint-Genèse · Previous registered office: Rue Bois Milord 5-1490 Court-Saint-Etienne · Board meeting of 07-08-2023 · Gazette deed
1 director resigning
Change of role: , from director to sole director · Resignation: · Permanent representative: · General meeting of 21-01-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| H.V.D. Sint-Genesius-Rode | €2.4m | €153,918 | -33.4% | 0 |
| JOYSTICK AUDIO Ghent | €1.6m | €338,561 | 64.9% | 0 |
| BKF Next Izegem | €3.7m | €290,950 | 81.5% | 1 |
| Claro Kuurne | €1.1m | €126,854 | 44.5% | 0 |
| DECLERCK Ichtegem | €0.8m | €215,310 | 60.6% | 1 |
| NOIR ET BLANC Sint-Gillis (bij-Brussel) | €0.9m | €239,601 | 51.3% | 1 |
| ADEK Waregem | €3.3m | €196,276 | 18.2% | 1.4 |
These companies have the same main activity as H.V.D.: wholesale of electrical household appliances and audio-video equipment (NACE 46431). They are comparable in size and age: total assets between €787,000 and €3.7m, founded between 1983 and 2002.
Official details
Source: KBO- Status
- Active since 05-02-1997Normal situation
- Activity
- Wholesale of electrical household appliances and audio-video equipmentNACE 46431and 3 others
- Establishment unit
- 2.239.867.5801640 Sint-Genesius-Rode, since 22-12-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 27-05-2026
Annual accounts 2025
- €2.4m▲ 143%
- Filing
- Filed on 03-07-2026, 28 days before the end of the filing period
Insights on H.V.D.
H.V.D. has existed since 1997. In 2010 turnover rose from €2.0m to €6.4m.
Solvency rose in 2025 from -88.7% to -33.4% because of the retained profit.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about H.V.D.
- What is the company number of H.V.D.?
- The company number of H.V.D. is 0459.969.446. The VAT number is the same number with BE in front: BE 0459.969.446.
- Where is H.V.D. based?
- The registered office is at Lequimelaan 29, 1640 Sint-Genesius-Rode.Company details
- What does H.V.D. do?
- According to the KBO register, the main activity is wholesale of electrical household appliances and audio-video equipment (NACE 46431).
- What is the legal form of H.V.D.?
- H.V.D. is a public limited company (NV).
- When was H.V.D. founded?
- H.V.D. was founded on 05-02-1997.
- Is H.V.D. still active?
- Yes, H.V.D. is an active enterprise in the KBO register.
- What is the turnover of H.V.D.?
- The turnover in financial year 2025 is ≈ €790,000. This figure is estimated from the gross margin of €153,918 and 102 comparable companies (NACE 46). It probably lies between €370,000 and €1.4m.Financials
- Is H.V.D. profitable?
- In financial year 2025, H.V.D. made a profit of €73,863.
- Where can I find the annual accounts of H.V.D.?
- H.V.D. filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of H.V.D. due?
- H.V.D. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.