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HOVECO MANAGEMENT

Active
Private limited companyfounded 2011active for 15 yearsTalpensdreef 2, 8890 Moorslede, BelgiumKBO/BCE: BE 0832.583.167

From the official registers: KBO 14 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

HOVECO MANAGEMENT has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19.3m and a net result of €201,474. Equity has been growing by about 4.3% per year since 2019. Its solvency ranks better than 50% of 10,798 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
HOVECO MANAGEMENTActiveChecked score 92/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 07-01-2011 Normal situation
Legal form
Private limited company
Registered office
Talpensdreef 2, 8890 Moorslede
Activity
Business and other management consultancy NACE 70200
Establishment unit
2.194.927.381 8890 Moorslede, since 17-01-2011
Financial year end
30 September
Peppol
Reachable since 07-03-2025
Company details

Board and ownership

Board
  • Hoflack VeroniqueDirector
Auditor
POUSSEELE CARON BEDRIJFSREVISOREN
Holdings
Shares in 1 company MICHEL HOFLACK en Cie
Board & ownership

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-09-2025
Gross margin
€1.1m
▲ 37.4%
Turnover
≈ €2.0m
estimated
Profit
€201,474
▲ 0.2%
Equity
€19.3m
▲ 19.9%
Total assets
€36.5m
▲ 1.6%
2025 accounts filed on time
Filed on 30-04-2026PDF
Financials
Score breakdownraises riskLiquidity: current ratio 0.10, cash €52,857lowers riskSize: total assets €36.5mSector: Activities of head offices; management consultancy activities (NACE 70)Founded in 2011Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 39% of medium-sized companies in head offices and management consultancy (NACE 70)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 78+8
equity 52.8% of total assets
Liquidity 29+4
short-term debt 43.9% · cash 0.1%
Profitability 28=
return on assets 0.6%
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 0.1% (800 companies, NACE 70, medium-sized)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: 0.1%▲ +0.1 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: 0.1%● 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: 0.2%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 0.1%▼ -0.1 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 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: 0.1%● unchanged vs 09-2026
Credit of up to €1,750,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.1 (0.05 in 2024), below 1. Short-term debt is 43.9% and cash 0.1% of total assets. 47.2% 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 70, medium-sized). It does better than 43% of them on solvency, 14% on liquidity, 20% on profitability and 77% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.10, cash €52,857
NBB · annual accounts
lowers risk · Size: total assets €36.5m
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 · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Founded in 2011
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
3 days early
2021
2 days early
2020
2 days early
2019
69 days early
← 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 11 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 95% of companies in head offices and management consultancysector median €324,915 · 10,808 companies €19.3m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €201,474 7 years View

Documents

Annual accounts at the NBB

All 14 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about HOVECO MANAGEMENT

What is the company number of HOVECO MANAGEMENT?
The company number of HOVECO MANAGEMENT is 0832.583.167. The VAT number is the same number with BE in front: BE 0832.583.167.
Where is HOVECO MANAGEMENT based?
The registered office is at Talpensdreef 2, 8890 Moorslede.Company details
What does HOVECO MANAGEMENT do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of HOVECO MANAGEMENT?
The legal form of HOVECO MANAGEMENT is Private limited company (BV).
When was HOVECO MANAGEMENT founded?
HOVECO MANAGEMENT was founded on 07-01-2011.
Is HOVECO MANAGEMENT still active?
Yes, HOVECO MANAGEMENT is an active enterprise in the KBO register.
What is the turnover of HOVECO MANAGEMENT?
The turnover in financial year 2025 is ≈ €2.0m. This figure is estimated from the gross margin of €1.1m and 36 comparable companies (NACE 70200). It probably lies between €1.4m and €2.6m.Financials
Is HOVECO MANAGEMENT profitable?
In financial year 2025, HOVECO MANAGEMENT made a profit of €201,474.
Where can I find the annual accounts of HOVECO MANAGEMENT?
HOVECO MANAGEMENT filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of HOVECO MANAGEMENT due?
HOVECO MANAGEMENT must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

Companies linked to HOVECO MANAGEMENT

Comparable companies

These companies have the same main activity as HOVECO MANAGEMENT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €18m and €52m, founded between 1995 and 2010.

CompanyTotal assetsGross margin
HOVECO MANAGEMENT Moorslede€36.5m€1.1m
CORAL & WALLACE Deinze€31.7m€1.3m
Chic O'Ray Pittem€28.7m€1.4m
BEDECE Kruisem€51.8m€1.4m
DEKEYZER4INVEST Koekelare€18.3m€0.6m
DEVUMA Knokke-Heist€29.7m€1.3m
C&K Management Kortrijk€20.0m€2.3m
Full comparison

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