HOVALVI
ActiveHOVALVI is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €970k and a net result of €85k. Equity is growing by ~45.7% per year across the filed fiscal years. Its solvency ranks better than 41% of 5487 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
31 d early
2024
on the day
2023
5 d early
2022
31 d early
2021
2 d early
2020
2 d early
2019
on the day
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€970k▲ 9.6%
2024 · €885k
2018: €50k
2019: €145k
2020: €197k
2021: €358k
2022: €418k
2023: €802k
2024: €885k
2018 → 2025
Net result
€85k▲ 1.7%
2024 · €83k
2018: €-20k
2019: €95k
2020: €52k
2021: €161k
2022: €61k
2023: €103k
2024: €83k
2018 → 2025
Total assets
€2.34M▼ 3.2%
2024 · €2.41M
2018: €1.89M
2019: €3.07M
2020: €2.86M
2021: €2.78M
2022: €2.64M
2023: €2.55M
2024: €2.41M
2018 → 2025
Solvency
41.5%▲ 4.9pp
2024 · 36.7%
2018: 2.6%
2019: 4.7%
2020: 6.9%
2021: 12.9%
2022: 15.8%
2023: 31.4%
2024: 36.7%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€358k-€418k▲ 16.9%€802k▲ 91.6%€885k▲ 10.4%€970k▲ 9.6%
Operating result€203k-€99k▼ 51.2%€139k▲ 40.5%€134k▼ 3.7%€141k▲ 5.7%
Net result€161k-€61k▼ 62.4%€103k▲ 70.8%€83k▼ 19.4%€85k▲ 1.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.34M
Fixed assets
€2.21M▼ 4.9%
Current assets
€129k▲ 38.1%
Equity and liabilities €2.34M
Equity
€970k▲ 9.6%
Debt
€1.37M▼ 10.7%
The debt ratio falls from 63.3% to 58.5%: equity grows while debt is paid down.
Key figures and ratios
Solvency
41.5%▲
2024 · 36.7%
ROE
8.7%▼
2024 · 9.4%
ROA
3.6%▲
2024 · 3.5%
Debt
€1.37M▼
2024 · €1.53M
Debt ≤ 1 year
€165k▼
2024 · €174k
Debt > 1 year
€1.20M▼
2024 · €1.35M
Income taxes
€28k▲
2024 · €18k
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€2.41M€2.34M▼
Fixed assets21/28€2.32M€2.21M▼
Tangible fixed assets22/27€2.32M€2.21M▼
Land and buildings22€2.31M€2.19M▼
Plant, machinery and equipment23€9k€17k▲
Current assets29/58€93k€129k▲
Amounts receivable within one year40/41€8k€21k▲
Other amounts receivable41€8k€21k▲
Cash at bank and in hand54/58€85k€108k▲
Deferred charges and accrued income490/1€575-
Equity and liabilities
Total equity and liabilities10/49€2.41M€2.34M▼
Equity10/15€885k€970k▲
Contributions10/11€350k€350k=
Outside capital11€350k€350k=
Other1109/19€350k€350k=
Reserves13€535k€620k▲
Distributable reserves133€535k€620k▲
Profit (loss) carried forward14€67€110▲
Amounts payable17/49€1.53M€1.37M▼
Amounts payable after more than one year17€1.35M€1.20M▼
Financial debts170/4€1.35M€1.20M▼
Amounts payable within one year42/48€174k€165k▼
Current portion of amounts payable after more than one year42€151k€154k▲
Financial debts43€3€3=
Credit institutions430/8€3€3=
Taxes, remuneration and social security45€301€3k▲
Taxes450/3€301€3k▲
Other amounts payable47/48€23k€8k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€132k€125k▼
Other operating charges640/8€23k€23k▲
Gross operating margin9900€289k€289k▲
Operating profit (loss)9901€134k€141k▲
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€33k€29k▼
Recurring financial charges65€33k€29k▼
Profit (loss) for the period before taxes9903€101k€113k▲
Income taxes67/77€18k€28k▲
Profit (loss) for the period9904€83k€85k▲
Profit (loss) for the period to be appropriated9905€83k€85k▲
Appropriation of the result
Profit (loss) to be appropriated9906€85k€85k▼
Profit (loss) brought forward from the previous period14P€2k€67▼
Transfer to equity691/2€85k€85k▼
To other reserves6921€85k€85k▼
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €500kEq €802k ▲91.6%
5 profitable years in a row build equity to €802k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €161k ▲209%
Operating result €203k, net result €161k, both a record.
31-12
Financial
Equity above €200kEq €358k ▲81.7%
3 profitable years in a row build equity to €358k.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €197k ▲36%
2 profitable years in a row build equity to €197k.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €95k
Net result €95k after one loss-making year.
31-12
Financial
Equity above €100kEq €145k ▲190%
Equity rises from €50k to €145k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Mouscron · 1 establishment unit since 2017
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.
Patrick Wagnonlaan(L) 37700 MouscronGround area
2.8 ha
Building footprint
1.5 ha
Parcel 54006M0778/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
HOVALVI
since 20172.271.032.888
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54006M0778/00C000 | Wallonia | 2.8 ha | 1 · 1.5 ha | - |
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
DSM MANAGEMENT
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BE 1005.330.863
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VILEAG
BE 1004.872.191
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BAKA HOLDING
BE 0668.608.726
Gent · Eq €970k
WILIMMO
BE 0879.232.744
Zandhoven · Eq €970k
Of 24,640 companies in sector 64210 we hold annual accounts for 19,689. 12,691 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-2017
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.