Hofman & Van Heule

Active

Private limited companyfounded 20233 yrs activeTriphonstraat 43, 9060 Zelzate, BelgiumKBO/BCE: BE 0803.517.316

The computed 12-month bankruptcy probability of Hofman & Van Heule is 2.6% (moderate). The 2025 annual accounts show equity of €17k and a net result of €-2k. Its solvency ranks better than 19% of 1888 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

40 / 100

Weak▼ -23 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-100

Solvency22▼-5

Growth32

Stability94

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days only on tighter terms

Liquidity tight (current ratio 1.05 against 1.13 in 2024), and 85% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 25

Relative position

BE, all sectors

reference

Sector 25

higher

← fewer bankruptcies more bankruptcies →

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 2025

Solvency, return and age of the figures

Solvency

15%

Return on assets

-1.8%

Age of the figures

8 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1888 sector peers (2025).

NBB · sector comparison

Position among 1888 sector peers

Solvency

better than 19%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 2 filings

Deviation from the deadline

2025

31 d late

2024

37 d early

← before the deadline after the deadline →

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 months

Position in the running window

15-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€17k▼ 10.9%

2024 · €19k

2024: €19k

2024 → 2025

Total assets

€111k▲ 11.7%

2024 · €99k

2024: €99k

2024 → 2025

Net result

€-2k

2024 · €16k

2024: €16k

2024 → 2025

Working capital

€3k▼ 40.8%

2024 · €6k

2024: €6k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€19k-€17k▼ 10.9%

Operating result€24k-€967▼ 95.9%

Net result€16k-€-2k

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 2025; 2025 is 96% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €111k

36.0%

64.0%

Fixed assets €40k▼ 20.3%

Current assets €71k▲ 44.3%

Equity and liabilities €111k

15.0%

85.0%

Equity €17k▼ 10.9%

Debt €94k▲ 17.0%

The debt ratio rises from 81.1% to 85.0%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€14k▼

2024 · €38k

Cash flow

€11k▼

2024 · €30k

Solvency

15.0%▼

2024 · 18.9%

Current ratio

1.05▼

2024 · 1.13

Quick ratio

0.88▼

2024 · 0.90

Debt / equity

5.65▲

2024 · 4.30

ROE

-12.3%▼

2024 · 84.0%

ROA

-1.8%▼

2024 · 15.8%

Interest coverage

5.16▼

2024 · 11.73

Debt

€94k▲

2024 · €80k

Debt ≤ 1 year

€68k▲

2024 · €43k

Debt > 1 year

€26k▼

2024 · €36k

Income taxes

€559▼

2024 · €5k

Staff costs

€5k▼

2024 · €7k

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€99k€111k▲

Fixed assets21/28€50k€40k▼

Tangible fixed assets22/27€47k€37k▼

Plant, machinery and equipment23€15k€10k▼

Furniture and vehicles24€28k€20k▼

Other tangible fixed assets26€5k€7k▲

Financial fixed assets28€3k€3k▲

Current assets29/58€49k€71k▲

Stocks and contracts in progress3€10k€11k▲

Stocks30/36€10k€11k▲

Amounts receivable within one year40/41€18k€33k▲

Trade receivables40€18k€10k▼

Other amounts receivable41-€24k

Cash at bank and in hand54/58€19k€25k▲

Deferred charges and accrued income490/1€2k€1k▼

Equity and liabilities

Total equity and liabilities10/49€99k€111k▲

Equity10/15€19k€17k▼

Contributions10/11€3k€3k=

Reserves13€16k€14k▼

Distributable reserves133€16k€14k▼

Amounts payable17/49€80k€94k▲

Amounts payable after more than one year17€36k€26k▼

Financial debts170/4€36k€26k▼

Amounts payable within one year42/48€43k€68k▲

Current portion of amounts payable after more than one year42€11k€11k▲

Trade debts44€26k€51k▲

Suppliers440/4€26k€51k▲

Advances received on contracts in progress46€150€0▼

Taxes, remuneration and social security45€6k€6k▼

Taxes450/3€6k€5k▼

Remuneration and social security454/9€359€411▲

Other amounts payable47/48€16€0▼

Accrued charges and deferred income492/3€1k€500▼

Income statement Code20242025

Remuneration, social security and pensions62€7k€5k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k▼

Other operating charges640/8€3k€1k▼

Gross operating margin9900€48k€20k▼

Operating profit (loss)9901€24k€967▼

Financial income75/76B€23€235▲

Recurring financial income75€23€235▲

Financial charges65/66B€3k€3k▼

Recurring financial charges65€3k€3k▼

Profit (loss) for the period before taxes9903€20k€-1k▼

Income taxes67/77€5k€559▼

Profit (loss) for the period9904€16k€-2k▼

Profit (loss) for the period to be appropriated9905€16k€-2k▼

Appropriation of the result

Profit (loss) to be appropriated9906€16k€-2k▼

Transfer from equity791/2-€2k

Transfer to equity691/2€16k€0▼

To contributions691-€0

To other reserves6921€16k-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 31 days late

2025

24-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

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, Zelzate · 1 establishment unit since 2023

establishment The establishment unit on the map

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.

Triphonstraat 439060 Zelzate

Ground area

222 m²

Building footprint

220 m²

Volume, LiDAR

926 m³

Parcel 43302B0498/00X000, Flanders · tallest building 13.3 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

Hofman & Van Heule

Triphonstraat 43, 9060 ZelzateManufacture of metal structures and parts of structures

since 20232.347.775.726

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
43302B0498/00X000	Flanders	222 m²	1 · 220 m²	13.3 m · 1 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.

Similar companies · same sector, comparable size

DC metaalconstructies

BE 0786.688.113

Zottegem · Eq €17k

Of 3,964 companies in sector 25110 we hold annual accounts for 2,133. 970 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded03-07-2023

Fiscal year end31-12

Activities, NACEBEL

25110Manufacture of metal structures and parts of structures

25120Manufacture of fabricated metal products, except machinery and equipment

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.