HAVECA
ActiveHAVECA has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €-25k. Equity is shrinking by ~17.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 44% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency74▼-14
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 2.41 in 2024; short-term debt: 51.5% and cash: 65.7% of total assets), and 51.5% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
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
48.5%
Return on assets
-36.5%
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
20 d late
2023
6 d early
2022
3 d early
2021
23 d late
2020
24 d late
2019
28 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€34k▼ 42.9%
2024 · €59k
2018: €118k
2019: €59k
2020: €48k
2021: €43k
2022: €29k
2023: €26k
2024: €59k
2018 → 2025
Total assets
€70k▼ 26.5%
2024 · €95k
2018: €122k
2019: €66k
2020: €48k
2021: €46k
2022: €37k
2023: €37k
2024: €95k
2018 → 2025
Net result
€-25k
2024 · €33k
2018: €-3k
2019: €-59k
2020: €-11k
2021: €-5k
2022: €-14k
2023: €-3k
2024: €33k
2018 → 2025
Working capital
€17k▼ 65.9%
2024 · €50k
2018: €116k
2019: €57k
2020: €42k
2021: €37k
2022: €26k
2023: €24k
2024: €50k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€29k▼ 32.2%€26k▼ 10.6%€59k▲ 127%€34k▼ 42.9%
Operating result€-5k-€-12k▼ 170%€-2k▲ 84.8%€39k€-25k
Net result€-5k-€-14k▼ 200%€-3k▲ 77.7%€33k€-25k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €25k after €39k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €70k
Fixed assets
€17k▲ 84.6%
Current assets
€53k▼ 38.2%
Equity and liabilities €70k
Equity
€34k▼ 42.9%
Debt
€36k▲ 0.9%
The debt ratio rises from 37.5% to 51.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-22k▼
2024 · €40k
Cash flow
€-23k▼
2024 · €34k
Solvency
48.5%▼
2024 · 62.5%
Current ratio
1.48▼
2024 · 2.41
Quick ratio
1.48▼
2024 · 2.41
Debt / equity
1.06▲
2024 · 0.60
ROE
-75.2%▼
2024 · 56.0%
ROA
-36.5%▼
2024 · 35.0%
Interest coverage
-32.09▼
2024 · 6.82
Debt
€36k▲
2024 · €36k
Debt ≤ 1 year
€36k▲
2024 · €36k
Income taxes
€196▼
2024 · €214
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€95k€70k▼
Fixed assets21/28€9k€17k▲
Tangible fixed assets22/27€9k€16k▲
Land and buildings22€8k€15k▲
Plant, machinery and equipment23€839€1k▲
Financial fixed assets28€508€508=
Current assets29/58€86k€53k▼
Amounts receivable within one year40/41€83k€6k▼
Trade receivables40€83k€6k▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€3k€46k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€95k€70k▼
Equity10/15€59k€34k▼
Contributions10/11€105k€105k=
Reserves13€11k€11k=
Distributable reserves133€11k€11k=
Profit (loss) carried forward14€-56k€-82k▼
Amounts payable17/49€36k€36k▲
Amounts payable within one year42/48€36k€36k▲
Trade debts44-€739
Suppliers440/4-€739
Taxes, remuneration and social security45€11k€3k▼
Taxes450/3€11k€3k▼
Other amounts payable47/48€24k€32k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€592€2k▲
Other operating charges640/8-€742
Gross operating margin9900€40k€-22k▼
Operating profit (loss)9901€39k€-25k▼
Financial charges65/66B€6k€699▼
Recurring financial charges65€6k€699▼
Profit (loss) for the period before taxes9903€33k€-25k▼
Income taxes67/77€214€196▼
Profit (loss) for the period9904€33k€-25k▼
Profit (loss) for the period to be appropriated9905€33k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-56k€-82k▼
Profit (loss) brought forward from the previous period14P€-89k€-56k▲
The notes to these accounts (8 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
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Back to profitnet €33k
Net result €33k after 6 loss-making years.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Liquidity times 45current ratio 402.65
Current ratio from 8.88 to 402.65; short-term debt falls from €7k to €106.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet €-59k
Net result drops to €-59k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
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, Herent
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.
Acacialaan 143020 HerentGround area
2,045 m²
Building footprint
252 m²
Volume, LiDAR
1,499 m³
Parcel 24423K0115/00A000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24423K0115/00A000 | Flanders | 2,045 m² | 1 · 252 m² | 9.8 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.
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BE 0633.560.052
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ÖZKAN GROUP
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ROLALY
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Sined
BE 0803.437.736
Wervik · Eq €34k
Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 35,381 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-09-2009
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 16 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.