Financials
- Fiscal year
- 2025
- Total assets
- €664,223
- Profit
- €92,603
- Solvency
- 44.2%
Total assets▲ 2.6%
Net result
20192025
HPV SYSTEMS
ActiveSummary
HPV SYSTEMS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €293,913 and a net result of €92,603. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 47% of 30651 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
What they do
General electrical installation work
NACE 43211NACE 45310
1 site
How big
€664,223total assets 2025
- Staff
- 1 FTE
- Equity
- €293,913
- Profit
- €92,603
Turnover not published (abridged schema)Net result -59%: other schema
Who decides
Accounts 25 d early0 of 2 deeds read
Why 97- Sector Specialised construction activities (NACE 43)+ Liquidity: current ratio 14.12, cash €305,975+ Founded in 2003+ Equity €293,913 (44.2% of total assets)Show the evidence
Checked score
Score 2025
97
/ 100
Excellent
Probability in this band: under 0.55%
Better than 74% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
69+13
equity 44.2% of total assets
Liquidity
100+36
short-term debt 6.6% · cash 46.1%
Profitability
86-14
return on assets 13.9%
Bankruptcy probability, 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).
- Liquidity: current ratio 14.12, cash €305,975 lowers the probability
- Founded in 2003 lowers the probability for this profile
- Sector Specialised construction activities (NACE 43) raises the probability
- Equity €293,913 (44.2% of total assets) lowers the probability
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 14.12 against 4.96 in 2024; short-term debt: 6.6% and cash: 46.1% of total assets), but 55.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 47%, liquidity 98%, profitability 71%, growth against the median 81%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 06-10-2025, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
30 d early
2023
15 d early
2022
3 d early
2021
89 d late
2020
13 d late
2019
35 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 16 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close02-10-2026 today31-10-2026 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Liquidity triplescurrent ratio 14.12
- Annual accounts filedfiscal year 2024 · abbreviated…
Key points
By topic
Timeline
- Events
- 17
- Since
- 2016
- Next accounts
- by 31-10-2026
- 06-10-2025Annual accounts filed
- 31-03-2025Liquidity triples
- 01-10-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 23-06-2003
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies
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