HOLVOET
ActiveHOLVOET has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €321k and a net result of €9k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 79% of 7931 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.08 against 3.27 in 2024; short-term debt: 25.2% and cash: 45.1% of total assets), and 25.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
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
74.8%
Return on assets
2.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 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 · 10 filingsDeviation from the deadline
2025
38 d late
2024
27 d late
2023
30 d late
2022
21 d late
2021
40 d early
2020
55 d late
2019
25 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€321k▲ 3.0%
2024 · €312k
2018: €184k
2019: €176k
2020: €259k
2021: €297k
2022: €304k
2023: €305k
2024: €312k
2018 → 2025
Total assets
€429k▲ 3.4%
2024 · €415k
2018: €215k
2019: €299k
2020: €366k
2021: €435k
2022: €420k
2023: €408k
2024: €415k
2018 → 2025
Net result
€9k▲ 42.8%
2024 · €7k
2018: €17k
2019: €-8k
2020: €83k
2021: €38k
2022: €7k
2023: €971
2024: €7k
2018 → 2025
Working capital
€225k▲ 12.7%
2024 · €200k
2018: €115k
2019: €65k
2020: €148k
2021: €160k
2022: €172k
2023: €185k
2024: €200k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€297k-€304k▲ 2.4%€305k▲ 0.3%€312k▲ 2.2%€321k▲ 3.0%
Operating result€49k-€11k▼ 78.4%€5k▼ 53.3%€12k▲ 147%€18k▲ 42.7%
Net result€38k-€7k▼ 81.4%€971▼ 86.3%€7k▲ 583%€9k▲ 42.8%
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 43% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €429k
Fixed assets
€96k▼ 24.6%
Current assets
€333k▲ 15.8%
Equity and liabilities €429k
Equity
€321k▲ 3.0%
Debt
€108k▲ 4.4%
The debt ratio rises from 25.0% to 25.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€60k▲
2024 · €51k
Cash flow
€52k▲
2024 · €45k
Solvency
74.8%▼
2024 · 75.0%
Current ratio
3.08▼
2024 · 3.27
Quick ratio
2.95▼
2024 · 3.16
Debt / equity
0.34▲
2024 · 0.33
ROE
2.9%▲
2024 · 2.1%
ROA
2.2%▲
2024 · 1.6%
Interest coverage
14.17▲
2024 · 13.81
Debt
€108k▲
2024 · €104k
Debt ≤ 1 year
€108k▲
2024 · €88k
Income taxes
€4k▲
2024 · €3k
Staff costs
€73k▲
2024 · €31k
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€415k€429k▲
Fixed assets21/28€128k€96k▼
Tangible fixed assets22/27€128k€96k▼
Plant, machinery and equipment23€15k€11k▼
Furniture and vehicles24€113k€86k▼
Current assets29/58€288k€333k▲
Stocks and contracts in progress3€9k€14k▲
Stocks30/36€9k€14k▲
Amounts receivable within one year40/41€25k€24k▼
Trade receivables40€16k€14k▼
Other amounts receivable41€9k€11k▲
Current investments50/53€50k€50k=
Cash at bank and in hand54/58€175k€194k▲
Deferred charges and accrued income490/1€28k€51k▲
Equity and liabilities
Total equity and liabilities10/49€415k€429k▲
Equity10/15€312k€321k▲
Contributions10/11€19k€19k=
Reserves13€293k€303k▲
Distributable reserves133€293k€303k▲
Amounts payable17/49€104k€108k▲
Amounts payable after more than one year17€16k-
Financial debts170/4€16k-
Amounts payable within one year42/48€88k€108k▲
Current portion of amounts payable after more than one year42€16k€16k▲
Trade debts44€64k€75k▲
Suppliers440/4€64k€75k▲
Taxes, remuneration and social security45€9k€18k▲
Taxes450/3€4k€4k▼
Remuneration and social security454/9€5k€14k▲
Other amounts payable47/48€87€87=
Income statement
Code20242025
Remuneration, social security and pensions62€31k€73k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€43k▲
Other operating charges640/8€7k€7k▲
Gross operating margin9900€88k€140k▲
Operating profit (loss)9901€12k€18k▲
Financial income75/76B€1k€51▼
Recurring financial income75€1k€51▼
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€10k€13k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€7k€9k▲
Profit (loss) for the period to be appropriated9905€7k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€9k▲
Transfer to equity691/2€7k€9k▲
To other reserves6921€7k€9k▲
Social balance
Average headcount (FTE)90871.71.8▲
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
07-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 38 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 55 days late
2020
31-12
Financial
Back to profitnet €83k
Net result €83k after one loss-making year.
31-12
Financial
Equity above €200kEq €259k ▲47.1%
Equity rises from €176k to €259k.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-8k ▼146%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-07
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, Waregem · 2 establishment units since 1975
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.
Gentseweg 2468792 WaregemGround area
913 m²
Building footprint
541 m²
Volume, LiDAR
2,576 m³
2 parcels, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
HOLVOET
since 19752.010.549.187
HOLVOET
since 20022.010.549.286
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34010B0101/00K002 | Flanders | 723 m² | 1 · 487 m² | 5.8 m · 2 fl. |
| 34042C0117/00L000 | Flanders | 190 m² | 1 · 53 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesWaregem2.010.549.187
Zwevegem2.010.549.286
Similar companies · same sector, comparable size
VAKO-FRUITS
BE 0480.083.286
Tongeren-Borgloon · Eq €322k
A. Vaes
BE 0412.008.191
Heist-op-den-Berg · Eq €317k
VAN TIEGHEM
BE 0458.246.707
Wingene · Eq €317k
VRS PRODUCT
BE 0433.228.328
Charleroi · Eq €327k
TEMLI
BE 0753.856.878
Lessines · Eq €315k
Of 956 companies in sector 46319 we hold annual accounts for 609. 430 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-1974
Fiscal year end31-12
Activities, NACEBEL
46319Wholesale of fruit and vegetables, excluding potatoes
47210Retail sale of fruit and vegetables
47810Retail trade
51310
Sources
Crossroads Bank for EnterprisesNational Bank · 49 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.