HOVE MADE
ActiveHOVE MADE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €169k and a net result of €27k. Equity is growing by ~22% per year across the filed fiscal years. Its solvency ranks better than 55% of 13908 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-10
Solvency80▲+8
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 1.92 in 2024), but 63.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.8%
Return on assets
5.9%
Age of the figures
9 mo
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
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 06-06-2026, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
55 d early
2024
18 d early
2023
47 d early
2022
59 d early
2021
128 d early
2020
90 d early
2019
50 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€169k▲ 7.2%
2024 · €158k
2018: €36k
2019: €52k
2020: €72k
2021: €89k
2022: €107k
2023: €129k
2024: €158k
2018 → 2025
Total assets
€460k▼ 5.4%
2024 · €486k
2018: €644k
2019: €644k
2020: €573k
2021: €569k
2022: €498k
2023: €487k
2024: €486k
2018 → 2025
Net result
€27k▼ 4.8%
2024 · €29k
2018: €21k
2019: €21k
2020: €20k
2021: €20k
2022: €18k
2023: €22k
2024: €29k
2018 → 2025
Working capital
€38k▲ 10.4%
2024 · €35k
2018: €48k
2019: €48k
2020: €10k
2021: €-31k
2022: €-4k
2023: €12k
2024: €35k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€89k-€107k▲ 20.6%€129k▲ 20.9%€158k▲ 22.2%€169k▲ 7.2%
Operating result€42k-€41k▼ 1.9%€45k▲ 9.3%€53k▲ 16.4%€50k▼ 4.1%
Net result€20k-€18k▼ 7.7%€22k▲ 22.1%€29k▲ 28.6%€27k▼ 4.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €460k
Fixed assets
€386k▼ 6.6%
Current assets
€73k▲ 1.9%
Equity and liabilities €460k
Equity
€169k▲ 7.2%
Debt
€291k▼ 11.4%
The debt ratio falls from 67.5% to 63.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€78k▼
2024 · €80k
Cash flow
€55k▼
2024 · €56k
Solvency
36.8%▲
2024 · 32.5%
Current ratio
2.08▲
2024 · 1.92
Quick ratio
2.08▲
2024 · 1.92
Debt / equity
1.72▼
2024 · 2.08
ROE
16.1%▼
2024 · 18.2%
ROA
5.9%▲
2024 · 5.9%
Interest coverage
7.44▼
2024 · 7.55
Debt
€291k▼
2024 · €328k
Debt ≤ 1 year
€35k▼
2024 · €38k
Debt > 1 year
€255k▼
2024 · €290k
Income taxes
€13k▼
2024 · €13k
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€486k€460k▼
Fixed assets21/28€414k€386k▼
Tangible fixed assets22/27€414k€386k▼
Land and buildings22€367k€344k▼
Plant, machinery and equipment23€19k€17k▼
Furniture and vehicles24€28k€25k▼
Current assets29/58€72k€73k▲
Amounts receivable within one year40/41€279€644▲
Other amounts receivable41€279€644▲
Cash at bank and in hand54/58€72k€73k▲
Equity and liabilities
Total equity and liabilities10/49€486k€460k▼
Equity10/15€158k€169k▲
Contributions10/11€10k€10k=
Reserves13€148k€159k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€146k€157k▲
Amounts payable17/49€328k€291k▼
Amounts payable after more than one year17€290k€255k▼
Financial debts170/4€290k€255k▼
Amounts payable within one year42/48€38k€35k▼
Current portion of amounts payable after more than one year42€34k€35k▲
Trade debts44€216€216=
Suppliers440/4€216€216=
Taxes, remuneration and social security45€3k-
Taxes450/3€3k-
Other amounts payable47/48€58€58=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€27k=
Other operating charges640/8€3k€5k▲
Gross operating margin9900€83k€83k▼
Operating profit (loss)9901€53k€50k▼
Financial charges65/66B€11k€10k▼
Recurring financial charges65€11k€10k▼
Profit (loss) for the period before taxes9903€42k€40k▼
Income taxes67/77€13k€13k▼
Profit (loss) for the period9904€29k€27k▼
Profit (loss) for the period to be appropriated9905€29k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€27k▼
Transfer from equity791/2-€16k
Transfer to equity691/2€29k€27k▼
To other reserves6921€29k€27k▼
Profit to be distributed694/7-€16k
Return on contributions (dividend)694-€16k
The notes to these accounts (7 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
06-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
13-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €29k ▲28.6%
Operating result €53k, net result €29k, both a record.
31-12
Financial
Equity above €150kEq €158k ▲22.2%
7 profitable years in a row build equity to €158k.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €18k ▼7.7%
Net result drops to €18k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €107k ▲20.6%
5 profitable years in a row build equity to €107k.
25-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Hove · 1 establishment unit since 2012
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.
Leliestraat 412540 HoveGround area
683 m²
Building footprint
316 m²
Volume, LiDAR
2,415 m³
2 parcels, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hove Made
since 20122.219.784.919
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021A0030/00L004 | Flanders | 518 m² | 1 · 170 m² | 11.0 m · 3 fl. |
| 11021A0039/00W000indicative | Flanders | 166 m² | 1 · 145 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels 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
ILLUBEL
BE 0848.775.932
Seraing · Eq €169k
Kantoor Vandoorne
BE 0539.706.416
Pittem · Eq €169k
STURBOIS IMMO
BE 1012.230.335
Estinnes · Eq €169k
Group C.M.J. Immobilière
BE 0637.787.272
Fléron · Eq €169k
BIYAN invest
BE 0840.230.331
Gembloux · Eq €169k
Of 11,979 companies in sector 68203 we hold annual accounts for 5,949. 4,148 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2012
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.