HAVOLLI
ActiveThe computed 12-month bankruptcy probability of HAVOLLI is 2.1% (moderate). The 2024 annual accounts show equity of €492k and a net result of €53k. Equity is growing by ~33.5% per year across the filed fiscal years. Its solvency ranks better than 60% of 36376 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-24
Solvency81▼-19
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.08 against 5.7 in 2023; short-term debt: 29.9% and cash: 5.2% of total assets), and 44.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
82 d late
2022
39 d late
2021
57 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€492k▲ 12.0%
2023 · €439k
2021: €163k
2022: €250k
2023: €439k
2021 → 2024
Total assets
€885k▲ 54.1%
2023 · €575k
2021: €279k
2022: €299k
2023: €575k
2021 → 2024
Net result
€53k▼ 72.3%
2023 · €190k
2021: €158k
2022: €87k
2023: €190k
2021 → 2024
Working capital
€551k▲ 38.1%
2023 · €399k
2021: €119k
2022: €216k
2023: €399k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€163k-€250k▲ 53.6%€439k▲ 76.0%€492k▲ 12.0%
Operating result€205k-€117k▼ 42.8%€296k▲ 152%€75k▼ 74.7%
Net result€158k-€87k▼ 44.7%€190k▲ 118%€53k▼ 72.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 75% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €885k
Fixed assets
€70k▼ 22.9%
Current assets
€816k▲ 68.5%
Equity and liabilities €885k
Equity
€492k▲ 12.0%
Debt
€394k▲ 191%
The debt ratio rises from 23.6% to 44.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€105k▼
2023 · €315k
Cash flow
€83k▼
2023 · €209k
Solvency
55.5%▼
2023 · 76.4%
Current ratio
3.08▼
2023 · 5.70
Quick ratio
2.58▼
2023 · 5.70
Debt / equity
0.80▲
2023 · 0.31
ROE
10.7%▼
2023 · 43.2%
ROA
5.9%▼
2023 · 33.0%
Interest coverage
16.94▲
2023 · 7.89
Debt
€394k▲
2023 · €135k
Debt ≤ 1 year
€264k▲
2023 · €85k
Debt > 1 year
€128k▲
2023 · €50k
Income taxes
€16k▼
2023 · €73k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€575k€885k▲
Fixed assets21/28€90k€70k▼
Tangible fixed assets22/27€90k€70k▼
Plant, machinery and equipment23€6k€6k▼
Furniture and vehicles24€84k€64k▼
Current assets29/58€484k€816k▲
Stocks and contracts in progress3-€133k
Stocks30/36-€133k
Amounts receivable within one year40/41€426k€635k▲
Trade receivables40€293k€201k▼
Other amounts receivable41€133k€434k▲
Cash at bank and in hand54/58€58k€46k▼
Deferred charges and accrued income490/1€582€1k▲
Equity and liabilities
Total equity and liabilities10/49€575k€885k▲
Equity10/15€439k€492k▲
Contributions10/11€5k€5k=
Reserves13€434k€487k▲
Distributable reserves133€434k€487k▲
Amounts payable17/49€135k€394k▲
Amounts payable after more than one year17€50k€128k▲
Financial debts170/4€50k€128k▲
Amounts payable within one year42/48€85k€264k▲
Trade debts44-€165k
Suppliers440/4-€165k
Taxes, remuneration and social security45€85k€99k▲
Taxes450/3€85k€99k▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€31k▲
Other operating charges640/8€7k€16k▲
Gross operating margin9900€322k€121k▼
Operating profit (loss)9901€296k€75k▼
Financial income75/76B€7k-
Recurring financial income75€7k-
Financial charges65/66B€40k€6k▼
Recurring financial charges65€40k€6k▼
Profit (loss) for the period before taxes9903€263k€69k▼
Income taxes67/77€73k€16k▼
Profit (loss) for the period9904€190k€53k▼
Profit (loss) for the period to be appropriated9905€190k€53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€190k€53k▼
Transfer to equity691/2€190k€53k▼
To the legal reserve6920€190k-
To other reserves6921-€53k
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
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
31-12
Financial
Weakest financial yearnet €53k ▼72.3%
Net result drops to €53k, the lowest in the series.
21-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 82 days late
2023
31-12
Financial
Highest result since 2021net €190k ▲118%
Operating result €296k, net result €190k, both a record.
08-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 39 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 5.40
Current ratio from 2.02 to 5.40; short-term debt falls from €117k to €49k.
31-12
Financial
Equity above €200kEq €250k ▲53.6%
2 profitable years in a row build equity to €250k.
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Tielt · 1 establishment unit since 2020
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.
Hondstraat 41A8700 TieltGround area
531 m²
Building footprint
94 m²
Parcel 37015A0863/00F002, Flanders. Linked by address, not a title deed.
1 establishment unit
HAVOLLI bv
since 20202.317.617.238
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37015A0863/00F002 | Flanders | 530 m² | 1 · 94 m² | - |
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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Of 1,364 companies in sector 43110 we hold annual accounts for 632. 427 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-05-2020
Fiscal year end31-12
Activities, NACEBEL
43110Demolition
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:niti123toni@hotmail.com