H.V.V. electro en mechanische constructies
ActiveH.V.V. electro en mechanische constructies has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-8k) and a net result of €1k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▼-2
Solvency22▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.15 against 0.09 in 2024; short-term debt: 101.4% and cash: 14.5% of total assets), and equity is negative.
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
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 · 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
Solvency
-3.4%
Return on assets
0.5%
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
71 d early
2023
23 d early
2022
59 d early
2021
62 d early
2020
12 d early
2019
11 d early
← 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
€-8k▲ 13.2%
2024 · €-10k
2018: €-67k
2019: €-73k
2020: €9k
2021: €2k
2022: €-3k
2023: €-8k
2024: €-10k
2018 → 2025
Total assets
€246k▲ 2.7%
2024 · €240k
2018: €346k
2019: €347k
2020: €316k
2021: €315k
2022: €316k
2023: €236k
2024: €240k
2018 → 2025
Net result
€1k
2024 · €-1k
2018: €-5k
2019: €-7k
2020: €82k
2021: €-7k
2022: €-5k
2023: €-5k
2024: €-1k
2018 → 2025
Working capital
€-213k▲ 6.6%
2024 · €-228k
2018: €-353k
2019: €-348k
2020: €-253k
2021: €-248k
2022: €-247k
2023: €-239k
2024: €-228k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€-3k€-8k▼ 157%€-10k▼ 13.1%€-8k▲ 13.2%
Operating result€-1k-€1k€471▼ 66.6%€4k▲ 709%€6k▲ 65.0%
Net result€-7k-€-5k▲ 34.8%€-5k▼ 7.0%€-1k▲ 78.7%€1k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 65% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €246k
Fixed assets
€210k▼ 4.0%
Current assets
€37k▲ 70.0%
Key figures and ratios
EBITDA
€15k▼
2024 · €16k
Cash flow
€10k▼
2024 · €11k
Solvency
-3.4%▲
2024 · -4.0%
Current ratio
0.15▲
2024 · 0.09
Quick ratio
0.15▲
2024 · 0.09
Debt / equity
-30.55▼
2024 · -25.98
ROA
0.5%▲
2024 · -0.5%
Interest coverage
2.99▼
2024 · 3.33
Debt
€255k▲
2024 · €250k
Debt ≤ 1 year
€250k▲
2024 · €250k
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€240k€246k▲
Fixed assets21/28€218k€210k▼
Tangible fixed assets22/27€218k€210k▼
Land and buildings22€218k€210k▼
Current assets29/58€22k€37k▲
Cash at bank and in hand54/58€21k€36k▲
Deferred charges and accrued income490/1€902€922▲
Equity and liabilities
Total equity and liabilities10/49€240k€246k▲
Equity10/15€-10k€-8k▲
Contributions10/11€75k€75k=
Revaluation surpluses12€4k€4k=
Reserves13€8k€8k=
Distributable reserves133€8k€8k=
Profit (loss) carried forward14€-96k€-95k▲
Amounts payable17/49€250k€255k▲
Amounts payable within one year42/48€250k€250k▲
Trade debts44-€145
Suppliers440/4-€145
Other amounts payable47/48€250k€250k=
Accrued charges and deferred income492/3-€5k
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€9k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€18k€17k▼
Operating profit (loss)9901€4k€6k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€-1k€1k▲
Profit (loss) for the period9904€-1k€1k▲
Profit (loss) for the period to be appropriated9905€-1k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-96k€-95k▲
Profit (loss) brought forward from the previous period14P€-95k€-96k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (6 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €1k
Net result €1k after 4 loss-making years.
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-7k ▼109%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €82k
Net result €82k after 2 loss-making years.
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Wevelgem · 1 establishment unit since 1981
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.
Drieslaan 268560 WevelgemGround area
4,583 m²
Building footprint
1,139 m²
Volume, LiDAR
6,787 m³
Parcel 34012A0425/00X000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
H.V.V. electro en mechanische constructies
since 19812.018.324.332
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34012A0425/00X000 | Flanders | 4,583 m² | 1 · 1,139 m² | 7.3 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-01-1981
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.