HV-VISION
ActiveThe computed 12-month bankruptcy probability of HV-VISION is 1.9% (moderate). The 2025 annual accounts show equity of €46k and a net result of €43k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 74% of 11297 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency97▲+64
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 3.22 against 1.04 in 2024; short-term debt: 27.8% and cash: 80.5% of total assets), and 27.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
72.2%
Return on assets
67.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 03-03-2026, 150 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
150 d early
2024
164 d early
2023
139 d early
2022
54 d early
2021
90 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€46k▲ 1,449%
2024 · €3k
2021: €29k
2022: €53k
2023: €72k
2024: €3k
2021 → 2025
Total assets
€64k▲ 69.8%
2024 · €38k
2021: €39k
2022: €57k
2023: €85k
2024: €38k
2021 → 2025
Net result
€43k▲ 142%
2024 · €18k
2021: €26k
2022: €24k
2023: €19k
2024: €18k
2021 → 2025
Working capital
€40k▲ 3,046%
2024 · €1k
2021: €26k
2022: €51k
2023: €70k
2024: €1k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€53k▲ 83.5%€72k▲ 34.9%€3k▼ 95.8%€46k▲ 1,449%
Operating result€32k-€29k▼ 7.4%€25k▼ 15.6%€24k▼ 3.2%€58k▲ 142%
Net result€26k-€24k▼ 6.8%€19k▼ 23.2%€18k▼ 3.0%€43k▲ 142%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 142% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64k
Fixed assets
€7k▲ 287%
Current assets
€58k▲ 59.4%
Equity and liabilities €64k
Equity
€46k▲ 1,449%
Debt
€18k▼ 48.7%
The debt ratio falls from 92.1% to 27.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▲
2024 · €25k
Cash flow
€45k▲
2024 · €19k
Solvency
72.2%▲
2024 · 7.9%
Current ratio
3.22▲
2024 · 1.04
Quick ratio
3.22▲
2024 · 1.04
Debt / equity
0.39▼
2024 · 11.64
ROE
93.5%▼
2024 · 599.6%
ROA
67.5%▲
2024 · 47.4%
Interest coverage
25.87▲
2024 · 23.02
Debt
€18k▼
2024 · €35k
Debt ≤ 1 year
€18k▼
2024 · €35k
Income taxes
€12k▲
2024 · €5k
Staff costs
€0▼
2024 · €241
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€38k€64k▲
Fixed assets21/28€2k€7k▲
Tangible fixed assets22/27€2k€7k▲
Furniture and vehicles24€2k€7k▲
Current assets29/58€36k€58k▲
Amounts receivable within one year40/41€94€0▼
Other amounts receivable41€94€0▼
Cash at bank and in hand54/58€34k€52k▲
Deferred charges and accrued income490/1€2k€6k▲
Equity and liabilities
Total equity and liabilities10/49€38k€64k▲
Equity10/15€3k€46k▲
Contributions10/11€3k€3k=
Reserves13€0€43k▲
Distributable reserves133€0€43k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€35k€18k▼
Amounts payable within one year42/48€35k€18k▼
Trade debts44€196€5k▲
Suppliers440/4€196€5k▲
Taxes, remuneration and social security45€8k€11k▲
Taxes450/3€8k€11k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€26k€1k▼
Income statement
Code20242025
Remuneration, social security and pensions62€241€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€678€1k▲
Other operating charges640/8€896€1k▲
Gross operating margin9900€26k€60k▲
Operating profit (loss)9901€24k€58k▲
Financial income75/76B€103€0▼
Recurring financial income75€103€0▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€23k€55k▲
Income taxes67/77€5k€12k▲
Profit (loss) for the period9904€18k€43k▲
Profit (loss) for the period to be appropriated9905€18k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€43k▲
Transfer from equity791/2€69k€0▼
Transfer to equity691/2€0€43k▲
To other reserves6921€0€43k▲
Profit to be distributed694/7€87k€0▼
Return on contributions (dividend)694€87k€0▼
The notes to these accounts (5 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
03-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €43k ▲142%
Operating result €58k, net result €43k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.22
Current ratio from 1.04 to 3.22; short-term debt falls from €35k to €18k.
17-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €18k ▼3%
Net result drops to €18k, the lowest in the series; recovery starts the following year.
14-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 14.70
Current ratio from 3.51 to 14.70; short-term debt falls from €10k to €4k.
02-05
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, Pecq · 2 establishment units 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.
Rue de la Sucrerie(WAR) 197740 PecqGround area
1,693 m²
Building footprint
192 m²
Volume, LiDAR
389 m³
2 parcels, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
HV-VISION
since 20202.309.835.462
HV-VISION
since 20202.309.835.759
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57086B0354/00G000 | Wallonia | 1,265 m² | 1 · 147 m² | - |
| 54434F1034/00C005 | Wallonia | 428 m² | 1 · 45 m² | 10.3 m · 3 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.
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Of 1,276 companies in sector 46160 we hold annual accounts for 686. 519 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-11-2020
Fiscal year end31-12
Activities, NACEBEL
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:valerie.hellebuyck@outlook.com