HOVIMO
ActiveSummary
The computed 12-month bankruptcy probability of HOVIMO is 3.1% (moderate). The 2025 annual accounts show equity of €99,743 and a net result of -€24,327. Equity is shrinking by ~19.2% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 4 accounts on average 31 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 747 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a small loss
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 747 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €75,074 | €49,133 | €49,069 | €56,545 | ▲ 15.2% |
| Other operating charges640/8 | €23,230 | €10,818 | €11,216 | €11,241 | ▲ 0.2% |
| Non-recurring operating charges66A | - | - | €50 | €0 | ▼ 100% |
| Gross operating margin9900 | €79,386 | €23,717 | €51,505 | €47,670 | ▼ 7.4% |
| Operating profit (loss)9901 | -€18,918 | -€36,234 | -€8,830 | -€20,116 | ▼ 128% |
| Financial income75/76B | €0 | €0 | - | - | - |
| Recurring financial income75 | €0 | €0 | - | - | - |
| Financial charges65/66B | €3,393 | €3,449 | €4,313 | €4,070 | ▼ 5.6% |
| Recurring financial charges65 | €3,393 | €3,449 | €4,313 | €4,070 | ▼ 5.6% |
| Profit (loss) for the period before taxes9903 | -€22,311 | -€39,683 | -€13,143 | -€24,186 | ▼ 84.0% |
| Income taxes67/77 | - | - | - | €141 | - |
| Profit (loss) for the period9904 | -€22,311 | -€39,683 | -€13,143 | -€24,327 | ▼ 85.1% |
| Transfer from tax-exempt reserves789 | €1,076 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€21,235 | -€39,683 | -€13,143 | -€24,327 | ▼ 85.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €433,277 | €440,290 | €405,454 | €627,823 | ▲ 54.8% |
| Fixed assets21/28 | €377,434 | €407,580 | €373,735 | €587,543 | ▲ 57.2% |
| Tangible fixed assets22/27 | €377,434 | €407,580 | €373,735 | €587,543 | ▲ 57.2% |
| Land and buildings22 | €334,319 | €371,236 | €344,162 | €564,741 | ▲ 64.1% |
| Furniture and vehicles24 | €43,115 | €36,344 | €29,573 | €22,802 | ▼ 22.9% |
| Current assets29/58 | €55,843 | €32,709 | €31,719 | €40,280 | ▲ 27.0% |
| Amounts receivable within one year40/41 | €33,994 | €30,306 | €30,306 | €30,306 | = |
| Other amounts receivable41 | €33,994 | €30,306 | €30,306 | €30,306 | = |
| Cash at bank and in hand54/58 | €21,849 | €1,372 | €842 | €9,403 | ▲ 1,017% |
| Deferred charges and accrued income490/1 | - | €1,031 | €571 | €571 | = |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €433,277 | €440,290 | €405,454 | €627,823 | ▲ 54.8% |
| Equity10/15 | €176,896 | €137,213 | €124,070 | €99,743 | ▼ 19.6% |
| Contributions10/11 | €198,170 | €198,170 | €198,170 | €198,170 | = |
| Reserves13 | €19,081 | €19,081 | €19,081 | €19,081 | = |
| Tax-exempt reserves132 | €11,806 | €11,806 | €11,806 | €11,806 | = |
| Distributable reserves133 | €7,276 | €7,276 | €7,276 | €7,276 | = |
| Profit (loss) carried forward14 | -€40,355 | -€80,038 | -€93,181 | -€117,508 | ▼ 26.1% |
| Amounts payable17/49 | €256,381 | €303,076 | €281,384 | €528,080 | ▲ 87.7% |
| Amounts payable after more than one year17 | €6,084 | €43,873 | €30,544 | €236,413 | ▲ 674% |
| Financial debts170/4 | €5,184 | €42,973 | €29,644 | €234,193 | ▲ 690% |
| Other amounts payable178/9 | €900 | €900 | €900 | €2,220 | ▲ 147% |
| Amounts payable within one year42/48 | €250,297 | €259,203 | €250,840 | €291,667 | ▲ 16.3% |
| Current portion of amounts payable after more than one year42 | €6,136 | €17,962 | €13,329 | €25,451 | ▲ 90.9% |
| Trade debts44 | €20,000 | €0 | €59 | €273 | ▲ 363% |
| Suppliers440/4 | €20,000 | €0 | €59 | €273 | ▲ 363% |
| Taxes, remuneration and social security45 | - | - | - | €141 | - |
| Taxes450/3 | - | - | - | €141 | - |
| Other amounts payable47/48 | €224,162 | €241,241 | €237,451 | €265,801 | ▲ 11.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€22,311 | -€39,683 | -€13,143 | -€24,327 | ▼ 85.1% |
| + Depreciation and write-downs630 | €75,074 | €49,133 | €49,069 | €56,545 | ▲ 15.2% |
| Operating cash flow (approximation) | €52,763 | €9,450 | €35,926 | €32,218 | ▼ 10.3% |
| Investment in fixed assets (approximation) | - | -€79,279 | -€15,223 | -€270,353 | ▼ 1,676% |
| Change in cash | - | -€20,477 | -€530 | €8,561 | ▲ 1,715% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54008F0444/00G016 | Wallonia | 217 m² | 1 · 31 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.