Skip to content

HOVADI

Active
Private limited companyfounded 2013active for 13 yearsLeeuwenhof 49, 9031 Gent, BelgiumKBO/BCE: BE 0533.755.960
Summary

HOVADI has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €255,509 and a net result of €100,576. Equity has been shrinking by about 12% per year since 2018. Its solvency ranks better than 32% of 9,664 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 25-04-2013 Normal situation
Activity
Organisation of conventions and trade shows NACE 82300and 1 other
Establishment units
2.218.810.167 9031 Gent, since 25-04-2013
2.303.582.031 9031 Gent, since 18-06-2020
Financial year end
31 December
Peppol
Reachable since 10-10-2025

Board and ownership

Board

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€163,314
▼ 11.1%
Turnover
≈ €280,000
estimated
Profit
€100,576
▼ 14.9%
Equity
€255,509
▼ 57.9%
Total assets
€959,459
▼ 6.4%
Score breakdownraises riskLiquidity: current ratio 0.13, cash €37,984lowers riskSize: total assets €959,459Figures for financial year 2025 (filed on 29-07-2026)Sector: Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 27% of micro companies in office administrative support (NACE 82)
Financial strength · tick: 2024
Average
Solvency 52-32
equity 26.6% of total assets
Liquidity 18-20
short-term debt 69.7% · cash 4.0%
Profitability 82-1
return on assets 10.5%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (12,671 companies, NACE 82, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.13 (0.33 in 2024), below 1. Short-term debt is 69.7% and cash 4% of total assets. 73.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 33% of them on solvency, 10% on liquidity, 55% on profitability and 11% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €959,459
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 29-07-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.13, cash €37,984
NBB · annual accounts
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
8 days early
2023
26 days early
2022
3 days early
2021
4 days early
2020
86 days early
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Equity fell in 2025from €607,497 to €255,509 ▼ 57.9% View
  • Positive: Higher net result than 90% of companies in office administrative supportsector median €16,247 · 9,660 companies €100,576 View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

Recent changes

  1. · Gazette deed 2 directors appointed, 2 directors resigningResignations: Sven Hofman (director) and Van Dingenen Hilde (director) · Appointments: Sven Hofman (director) and Van Dingenen Hilde (director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as HOVADI: organisation of conventions and trade shows (NACE 82300). They are comparable in size and age: total assets between €788,000 and €1.6m, founded between 2009 and 2013.

CompanyTotal assetsGross margin
HOVADI Gent€1.0m€0.2m
Capamaro Deinze€1.1m€0.2m
MADS Elsene€0.9m€0.1m
SEPB Sprimont€0.9m€0.2m
GROUPE AM Belgique Arlon€0.8m€0.2m
WISE MEDIA GROUP Sint-Lievens-Houtem€0.9m€0.2m
TMEX Kruisem€1.6m€0.1m
Full comparison

Key facts about HOVADI

What is the company number of HOVADI?
The company number of HOVADI is 0533.755.960. The VAT number is the same number with BE in front: BE 0533.755.960.
Where is HOVADI based?
The registered office is at Leeuwenhof 49, 9031 Gent.Company details
What does HOVADI do?
According to the KBO register, the main activity is organisation of conventions and trade shows (NACE 82300).
What is the legal form of HOVADI?
The legal form of HOVADI is Private limited company (BV).
When was HOVADI founded?
HOVADI was founded on 25-04-2013.
Is HOVADI still active?
Yes, HOVADI is an active enterprise in the KBO register.
What is the turnover of HOVADI?
The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €163,314 and 33 comparable companies (NACE 82). It probably lies between €200,000 and €420,000.Financials
Is HOVADI profitable?
In financial year 2025, HOVADI made a profit of €100,576.
Where can I find the annual accounts of HOVADI?
HOVADI filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HOVADI due?
HOVADI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.