HOVAN

Active

Private limited companyfounded 1983active for 43 yearsWolfsdonksesteenweg 1, 2230 Herselt, BelgiumKBO/BCE: BE 0423.816.754

Summary

HOVAN has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €620,985. Equity remains stable across the filed financial years (±2.4% per year). Its solvency ranks better than 43% of 12,678 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

HOVANActiveChecked score 88/100

Risk analysis Report Compare

Activity

Non-specialised retail sale with food, beverages or tobacco predominating

NACE 47110

4th largest company by total assets in Herselt, Wholesale and retail trade sector1 site

Size

€5.0mtotal assets 2025

Staff: 16 FTE
Equity: €1.5m
Profit: €620,985

Turnover not published (abbreviated or micro format)

Financial health

88 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Structure

Parent: ARCY · 100%

ARCYDirector · permanent representative HOECK Philippe Maria Cyriel
HOECK Yves Luc NathalieDirector

2025 accounts filed 28 days late1 of 3 deeds summarised

Why 88raises riskFigures for financial year 2025 (filed 28-11-2025)lowers riskFounded in 1983Size: 16 FTE, total assets €5.0mProfit of €620,985 (financial year 2025)Show the evidence

Checked score

Score 2025

88 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 67% of its sector peers (NACE 47, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 56+2

equity 30.7% of total assets

Liquidity 48-4

short-term debt 35.8% · cash 11.6%

Profitability 84+3

return on assets 12.5%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,693 companies, NACE 47, small)

Last 24 months 11-2024: 1.0% 12-2024: 1.3%▲ +0.3 percentage points vs 11-2024highest value 01-2025: 0.3%▼ -1.0 percentage point vs 12-2024 02-2025: 0.1%▼ -0.2 percentage points vs 01-2025 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%● unchanged 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: 0.2%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%▲ +0.1 percentage points vs 10-2025 12-2025: 0.1%▼ -0.2 percentage points 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 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.2 percentage points vs 09-2026

Credit of up to €130,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.78, compared with 1.67 in 2024, above the usual 1.5; short-term debt: 35.8% and cash: 11.6% of total assets), but 69.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, small): better than 50% on solvency, 58% on liquidity, 86% on profitability and 74% on growth.

The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

Figures for financial year 2025 (filed 28-11-2025)

NBB · annual accounts

Founded in 1983

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Size: 16 FTE, total assets €5.0m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Profit of €620,985 (financial year 2025)

NBB · annual accounts

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year €1.5m

2025 accounts filed 28 days late

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

28 days late

2024

41 days late

2023

14 days late

2022

60 days late

2021

17 days late

2020

110 days late

2019

on the day

← 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 39 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 28 November (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

31-03-2026 year end27-10-2026 today31-10-2026 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

28-11-2025 Annual accounts filedfinancial year 2025 · abbreviated…
31-03-2025 Highest result from 2019 to 2025net €620,985 ▲43.8%
11-12-2024 Annual accounts filedfinancial year 2024 · abbreviated…

Key points

Positive: Among the best 5% on net resultsector median €27,728 · 12,668 companies €620,985 View
Controlled by ARCY 100% View
Positive: Result rose in 2025from €431,732 to €620,985 ▲ 43.8% View

By topic

Financials

Financial year: 2025
Total assets: €5.0m
Profit: €620,985
Solvency: 30.7%

Total assets▲ 8.6%

Net result

20192025

Go to Financials

Board & ownership

Board: 2 members
Parent: ARCY · 100%

ARCYDirector
HOECK Yves Luc NathalieDirector

Go to Board & ownership

Network & group

Connected companies: 3

Go to Network & group

Timeline

Events: 46
Since: 1984
Next accounts: by 31-10-2026

31-03-2024Back to profit
18-12-2023Resignations: HOECK Yves Luc Nathalie, HOECK Philippe…
14-11-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Non-specialised retail sale with food, beverages or tobacco…NACE 47110
Founded: 21-03-1983
Year ends: 31-03
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 10

Who signs: Each director alone
Annual meeting: 15 September at 15:00
Purpose: “1) Onderneming in onroerende goederen,welke onder meer omvat: de verwerving,de…” (deed in Dutch)

Go to Articles of association

Key facts about HOVAN

What is the company number of HOVAN?: 0423.816.754. In Belgium the VAT number is the company number with BE in front: BE 0423.816.754.
Where is HOVAN based?: The registered office is at Wolfsdonksesteenweg 1, 2230 Herselt.Company details
What does HOVAN do?: According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of HOVAN?: Private limited company (BV).
When was HOVAN founded?: On 21-03-1983.
Is HOVAN still active?: Yes, HOVAN is an active enterprise in the KBO register.
How many employees does HOVAN have?: On average 16 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of HOVAN?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is HOVAN profitable?: In financial year 2025, HOVAN made a profit of €620,985.
Where can I find the annual accounts of HOVAN?: HOVAN filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HOVAN due?: By 31-10-2026, for financial year 2026.Timeline