H.V.S.
ActiveH.V.S. has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.36M and a net result of €101k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 80% of 27450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+5
Solvency100▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 3.34 against 5.69 in 2024; short-term debt: 16.1% and cash: 23.7% of total assets), and 25.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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
74.9%
Return on assets
5.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
4 d late
2023
23 d early
2022
28 d early
2021
31 d late
2020
12 d late
2019
75 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.36M▲ 2.5%
2024 · €1.33M
2018: €1.22M
2019: €1.25M
2020: €1.29M
2021: €1.32M
2022: €1.64M
2023: €1.30M
2024: €1.33M
2018 → 2025
Total assets
€1.82M▼ 0.6%
2024 · €1.83M
2018: €2.46M
2019: €2.28M
2020: €2.49M
2021: €2.43M
2022: €2.20M
2023: €2.14M
2024: €1.83M
2018 → 2025
Net result
€101k▲ 243%
2024 · €29k
2018: €414k
2019: €37k
2020: €31k
2021: €32k
2022: €319k
2023: €53k
2024: €29k
2018 → 2025
Working capital
€681k▼ 10.5%
2024 · €761k
2018: €67k
2019: €109k
2020: €160k
2021: €255k
2022: €1.06M
2023: €870k
2024: €761k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.32M-€1.64M▲ 24.2%€1.30M▼ 20.6%€1.33M▲ 2.3%€1.36M▲ 2.5%
Operating result€68k-€464k▲ 579%€81k▼ 82.5%€24k▼ 70.2%€200k▲ 726%
Net result€32k-€319k▲ 906%€53k▼ 83.3%€29k▼ 44.9%€101k▲ 243%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 726% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.82M
Fixed assets
€843k▼ 6.7%
Current assets
€973k▲ 5.3%
Equity and liabilities €1.82M
Equity
€1.36M▲ 2.5%
Provisions
€8k▼ 93.5%
Debt
€447k▲ 18.4%
The debt ratio rises from 20.7% to 24.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€258k▲
2024 · €83k
Cash flow
€158k▲
2024 · €88k
Solvency
74.9%▲
2024 · 72.7%
Current ratio
3.34▼
2024 · 5.69
Quick ratio
3.34▼
2024 · 5.69
Debt / equity
0.33▲
2024 · 0.28
ROE
7.4%▲
2024 · 2.2%
ROA
5.5%▲
2024 · 1.6%
Interest coverage
35.21▲
2024 · 11.67
Debt
€447k▲
2024 · €377k
Debt ≤ 1 year
€292k▲
2024 · €162k
Debt > 1 year
€155k▼
2024 · €205k
Income taxes
€210k▲
2024 · €-252
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€1.83M€1.82M▼
Fixed assets21/28€903k€843k▼
Tangible fixed assets22/27€901k€841k▼
Land and buildings22€447k€438k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€39k€18k▼
Other tangible fixed assets26€412k€383k▼
Financial fixed assets28€2k€2k=
Current assets29/58€923k€973k▲
Amounts receivable within one year40/41€59k€42k▼
Trade receivables40€48k€41k▼
Other amounts receivable41€11k€867▼
Current investments50/53€497k€497k=
Cash at bank and in hand54/58€364k€430k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.83M€1.82M▼
Equity10/15€1.33M€1.36M▲
Contributions10/11€563k€563k=
Reserves13€765k€798k▲
Tax-exempt reserves132€366k€24k▼
Distributable reserves133€399k€774k▲
Provisions and deferred taxes16€122k€8k▼
Deferred taxes168€122k€8k▼
Amounts payable17/49€377k€447k▲
Amounts payable after more than one year17€205k€155k▼
Financial debts170/4€205k€155k▼
Amounts payable within one year42/48€162k€292k▲
Current portion of amounts payable after more than one year42€51k€52k▲
Trade debts44€22k€2k▼
Suppliers440/4€22k€2k▼
Taxes, remuneration and social security45€17k€92k▲
Taxes450/3€6k€92k▲
Remuneration and social security454/9€12k-
Other amounts payable47/48€72k€146k▲
Accrued charges and deferred income492/3€9k-
Income statement
Code20242025
Non-recurring operating income76A-€14k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€57k▼
Other operating charges640/8€19k€9k▼
Non-recurring operating charges66A€27k-
Gross operating margin9900€129k€267k▲
Operating profit (loss)9901€24k€200k▲
Financial income75/76B€8k€4k▼
Recurring financial income75€4k€4k▼
Non-recurring financial income76B€4k-
Financial charges65/66B€7k€7k▲
Recurring financial charges65€7k€7k▲
Profit (loss) for the period before taxes9903€26k€197k▲
Transfer from deferred taxes780€4k€114k▲
Income taxes67/77€-252€210k▲
Profit (loss) for the period9904€29k€101k▲
Transfer from tax-exempt reserves789€11k€342k▲
Profit (loss) for the period to be appropriated9905€40k€443k▲
Appropriation of the result
Profit (loss) to be appropriated9906€40k€443k▲
Transfer from equity791/2-€68k
Transfer to equity691/2€40k€443k▲
To other reserves6921€40k€443k▲
Profit to be distributed694/7-€68k
Return on contributions (dividend)694-€68k
The notes to these accounts (9 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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
31-12
Financial
Weakest financial yearnet €29k ▼44.9%
Net result drops to €29k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity times 5current ratio 8.94
Current ratio from 1.92 to 8.94; short-term debt falls from €277k to €134k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
2020
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 75 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-07
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
5 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, Hoogstraten · 1 establishment unit since 1998
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.
Burgemeester J. Van Aperenstraat 532320 HoogstratenGround area
963 m²
Building footprint
183 m²
Volume, LiDAR
1,307 m³
Parcel 13014B0257/00Z002, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
H.V.S.
since 19982.088.567.178
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13014B0257/00Z002 | Flanders | 963 m² | 1 · 183 m² | 12.3 m · 3 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
8755005JIPTMIQIFKW82
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KREAPAINT
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Of 7,866 companies in sector 43341 we hold annual accounts for 2,664. 763 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-09-1998
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
45441
68110Buying and selling of own real estate
43350Other building finishing work
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
51532
52461
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.