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HOUVARK

Active
Private limited companyfounded 199729 yrs activeSteenstraat 20, 8650 Houthulst, BelgiumKBO/BCE: BE 0461.515.706
Summary

HOUVARK has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €400,502. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 43% of 1861 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
HOUVARKActiveChecked score 90/100
Risk analysis ReportCompare

Overview

What they do
Mixed farming
NACE 01500NACE 01300
#3 company by equity in Houthulst, Agriculture, forestry and fishing sector2 sites
How big
€4.3mturnover 2025
Staff
40.4 FTE
Equity
€1.4m
Profit
€400,502
Financially healthy?
90 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Who decides
Board
1 member
Accounts filed 31 d late1 of 8 deeds read
Why 90- Latest accounts 31 days late; 2 of the last 3 late+ Size: turnover €4.3m, 40.4 FTE, total assets €4.0m+ Founded in 1997+ Profit of €400,502 (FY 2025)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Better than 47% of its sector peers (NACE 01, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 61-6
equity 35.6% of total assets
Liquidity 49-5
short-term debt 35.9% · cash 11.9%
Profitability 88+2
return on assets 10.1%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (889 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● 0.0% vs 11-2024 01-2025: 0.2%▼ -1.0% vs 12-2024 02-2025: 0.2%● 0.0% vs 01-2025 03-2025: 0.2%▲ +18.1% vs 02-2025 04-2025: 0.2%▲ +0.9% vs 03-2025 05-2025: 0.2%▲ +3.9% vs 04-2025 06-2025: 0.3%▲ +7.1% vs 05-2025 07-2025: 0.3%▲ +25.8% vs 06-2025 08-2025: 0.5%▲ +63.4% vs 07-2025 09-2025: 0.6%▲ +9.7% vs 08-2025highest value 10-2025: 0.2%▼ -60.8% vs 09-2025 11-2025: 0.2%▼ -1.3% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.2%▼ -0.4% vs 12-2025 02-2026: 0.2%▼ -9.5% vs 01-2026 03-2026: 0.2%▲ +17.9% vs 02-2026 04-2026: 0.2%▲ +0.8% vs 03-2026 05-2026: 0.2%▲ +4.2% vs 04-2026 06-2026: 0.3%▲ +8.8% vs 05-2026 07-2026: 0.3%▲ +5.5% vs 06-2026 08-2026: 0.5%▲ +73.1% vs 07-2026 09-2026: 0.2%▼ -66.5% vs 08-2026lowest value 10-2026: 0.2%● 0.0% vs 09-2026lowest value
  • Latest accounts 31 days late; 2 of the last 3 late raises the probability
  • Size: turnover €4.3m, 40.4 FTE, total assets €4.0m lowers the probability for this profile
  • Founded in 1997 lowers the probability for this profile
  • Profit of €400,502 (FY 2025) lowers the probability
Credit up to €120,000 at 30 days acceptable
Liquidity tight (current ratio 1.47 against 1.64 in 2024; short-term debt: 35.9% and cash: 11.9% of total assets), and 64.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 01, small). Better than this share of them on solvency 44%, liquidity 47%, profitability 89%, growth against the median 9%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 31 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Size: turnover €4.3m, 40.4 FTE, total assets €4.0m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 1997
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Profit of €400,502 (FY 2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · 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 · 10 filings
Deviation from the deadline
2025
31 d late
2024
69 d late
2023
30 d late
2022
32 d late
2021
31 d late
2020
81 d early
2019
27 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
  1. Appointment: NYS ARNO (director)Permanent representative: NYS Arno
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Company by equity in Houthulst, Agriculture, forestry and…in the Checked rankings #3 View
  • Positive: 8 profitable years in a rowprofit 2025: €400,502 8 years View
  • New directorlatest change 30-09-2026 · 1 in office 1 joined View

By topic

Financials

Fiscal year
2025
Turnover
€4.3m
Profit
€400,502
Solvency
35.6%
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 30-09-2026Appointment: NYS ARNO (director)
  2. 31-08-2026Annual accounts filed
  3. 08-10-2025Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Mixed farmingNACE 01500
Founded
01-10-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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