HOVEST
ActiveHOVEST has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €36k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 34% of 31544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▼-4
Solvency60▼-40
Growth52=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 4.28 in 2024; short-term debt: 64.9% and cash: 20.2% of total assets), but 64.9% 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+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
35.1%
Return on assets
22.1%
Age of the figures
9 mo
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 16-07-2026, 15 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
15 d early
2024
29 d late
2023
61 d late
2022
18 d early
2021
19 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
€57k▼ 43.8%
2024 · €101k
2021: €45k
2022: €81k
2023: €115k
2024: €101k
2021 → 2025
Total assets
€162k▲ 23.2%
2024 · €131k
2021: €65k
2022: €115k
2023: €136k
2024: €131k
2021 → 2025
Net result
€36k▼ 13.4%
2024 · €41k
2021: €42k
2022: €36k
2023: €33k
2024: €41k
2021 → 2025
Working capital
€56k▼ 43.5%
2024 · €99k
2021: €45k
2022: €77k
2023: €112k
2024: €99k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€45k-€81k▲ 80.9%€115k▲ 41.1%€101k▼ 11.9%€57k▼ 43.8%
Operating result€55k-€48k▼ 12.6%€43k▼ 11.1%€51k▲ 20.7%€45k▼ 13.2%
Net result€42k-€36k▼ 14.3%€33k▼ 8.0%€41k▲ 23.6%€36k▼ 13.4%
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 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €162k
Fixed assets
€867▼ 55.6%
Current assets
€161k▲ 24.4%
Equity and liabilities €162k
Equity
€57k▼ 43.8%
Debt
€105k▲ 247%
The debt ratio rises from 23.0% to 64.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€46k▼
2024 · €53k
Cash flow
€37k▼
2024 · €42k
Solvency
35.1%▼
2024 · 77.0%
Current ratio
1.53▼
2024 · 4.28
Quick ratio
1.53▼
2024 · 4.28
Debt / equity
1.85▲
2024 · 0.30
ROE
62.9%▲
2024 · 40.9%
ROA
22.1%▼
2024 · 31.5%
Interest coverage
70.00▼
2024 · 211.10
Debt
€105k▲
2024 · €30k
Debt ≤ 1 year
€105k▲
2024 · €30k
Income taxes
€11k▼
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€131k€162k▲
Fixed assets21/28€2k€867▼
Tangible fixed assets22/27€2k€867▼
Furniture and vehicles24€2k€867▼
Current assets29/58€129k€161k▲
Amounts receivable within one year40/41€96k€128k▲
Trade receivables40€63k€63k=
Other amounts receivable41€33k€65k▲
Cash at bank and in hand54/58€32k€33k▲
Deferred charges and accrued income490/1€751€359▼
Equity and liabilities
Total equity and liabilities10/49€131k€162k▲
Equity10/15€101k€57k▼
Contributions10/11€3k€3k=
Reserves13€99k€54k▼
Distributable reserves133€99k€54k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€30k€105k▲
Amounts payable within one year42/48€30k€105k▲
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€27k€22k▼
Taxes450/3€27k€22k▼
Other amounts payable47/48-€80k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€1k€2k▲
Gross operating margin9900€54k€48k▼
Operating profit (loss)9901€51k€45k▼
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€249€654▲
Recurring financial charges65€249€654▲
Profit (loss) for the period before taxes9903€55k€47k▼
Income taxes67/77€13k€11k▼
Profit (loss) for the period9904€41k€36k▼
Profit (loss) for the period to be appropriated9905€41k€36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€36k▼
Transfer from equity791/2€55k€44k▼
Transfer to equity691/2€41k€0▼
To other reserves6921€41k€0▼
Profit to be distributed694/7€55k€80k▲
Return on contributions (dividend)694€55k€80k▲
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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €33k ▼8%
Net result drops to €33k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €115k ▲41.1%
3 profitable years in a row build equity to €115k.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
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, Veurne · 1 establishment unit since 2020
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.
Korenbloemstraat 58630 VeurneGround area
1,126 m²
Building footprint
289 m²
Volume, LiDAR
498 m³
2 parcels, Flanders · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Hovest
since 20202.310.434.882
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38368B0313/00X003 | Flanders | 703 m² | 1 · 152 m² | 0.0 m |
| 38025E0329/00X000 | Flanders | 423 m² | 1 · 137 m² | 5.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 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
JDK-Services
BE 1005.432.516
Zoersel · Eq €57k
Brupoll
BE 1002.390.575
Brugge · Eq €57k
KTRM Management
BE 0791.540.190
Geel · Eq €57k
FS TECH
BE 0801.673.128
Antwerpen · Eq €57k
A Projects
BE 1011.195.207
Begijnendijk · Eq €57k
Of 5,691 companies in sector 70100 we hold annual accounts for 3,489. 2,091 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-12-2020
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
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
68203Renting and operating of own or leased non-residential real estate, excluding land
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.