HOVAS
ActiveSummary
The computed 12-month bankruptcy probability of HOVAS is 3.7% (moderate). The 2024 annual accounts show negative equity (€-15k) and a net result of €-2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 6717 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
26
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Age of the figures
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-15k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
23 d early
2022
19 d early
2021
46 d early
2020
51 d early
2019
24 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-15k▼ 11.0%
2023 · €-14k
2018: €25k
2019: €13k
2020: €24k
2021: €14k
2022: €-15k
2023: €-14k
2018 → 2024
Total assets
€2k▼ 2.9%
2023 · €2k
2018: €68k
2019: €35k
2020: €39k
2021: €35k
2022: €28k
2023: €2k
2018 → 2024
Net result
€-2k
2023 · €1k
2018: €4k
2019: €-12k
2020: €11k
2021: €-4k
2022: €-18k
2023: €1k
2018 → 2024
Working capital
€-16k▼ 5.3%
2023 · €-16k
2018: €-10k
2019: €9k
2020: €20k
2021: €8k
2022: €-20k
2023: €-16k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€24k-€14k▼ 41.3%€-15k€-14k▲ 9.5%€-15k▼ 11.0%
Operating result€11k-€-3k€-18k▼ 441%€2k€-1k
Net result€11k-€-4k€-18k▼ 419%€1k€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €1k after €2k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2k
Fixed assets
€1k ▼ 39.3%
Current assets
€1k ▲ 103%
Key figures and ratios
EBITDA
€-790▼
2023 · €5k
Cash flow
€-832▼
2023 · €5k
Interest coverage
-18.99▼
2023 · 110.12
Debt
€18k▲
2023 · €16k
Debt ≤ 1 year
€18k▲
2023 · €16k
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2k€2k▼
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€421€362▼
Furniture and vehicles24€1k€706▼
Current assets29/58€609€1k▲
Amounts receivable within one year40/41-€174
Other amounts receivable41-€174
Cash at bank and in hand54/58€609€1k▲
Equity and liabilities
Total equity and liabilities10/49€2k€2k▼
Equity10/15€-14k€-15k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-22k€-23k▼
Amounts payable17/49€16k€18k▲
Amounts payable within one year42/48€16k€18k▲
Trade debts44€2k€565▼
Suppliers440/4€2k€565▼
Taxes, remuneration and social security45€372-
Taxes450/3€372-
Other amounts payable47/48€14k€17k▲
Income statement
Code20232024
Remuneration, social security and pensions62€18k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€693▼
Other operating charges640/8€711€387▼
Gross operating margin9900€24k€-403▼
Operating profit (loss)9901€2k€-1k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€48€42▼
Recurring financial charges65€48€42▼
Profit (loss) for the period before taxes9903€2k€-2k▼
Income taxes67/77€130-
Profit (loss) for the period9904€1k€-2k▼
Profit (loss) for the period to be appropriated9905€1k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-23k▼
Profit (loss) brought forward from the previous period14P€-23k€-22k▲
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
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Quiévrain · 1 establishment unit since 2025
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.
Rue Rouge Croix 187380 QuiévrainGround area
1,487 m²
Building footprint
107 m²
Volume, LiDAR
726 m³
Parcel 53068A0492/00A000, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HOVAS
since 20252.369.091.871
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53068A0492/00A000 | Wallonia | 1,487 m² | 1 · 107 m² | 7.8 m · 2 fl. |
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
GAMBEL
BE 0861.676.239
Antwerpen · Eq €13,820
RTD-LINE
BE 0775.301.501
Pittem · Eq €13,811
G.Limbourg
BE 0794.440.589
Herselt · Eq €13,827
CONTAINERS NYS
BE 0731.991.692
Hasselt · Eq €13,830
EN&EL
BE 0775.348.516
Zaventem · Eq €13,834
Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 4,390 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-10-2013
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
52210Service activities incidental to land transportation
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.