HVA ENGINEERING
Open bankruptcyA bankruptcy procedure is open for HVA ENGINEERING according to publications in the Belgian State Gazette; curator: FILIP SELS.
Summary
The 2020 annual accounts show negative equity (-€1.4m) and a net result of -€407,078.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Antwerp division
- Declared bankrupt
- 30 December 2021
- Supervising judge
- Yves Lecot
- Official Gazette
- 05-01-2022 (pdf) ↗search the document for 2022/100101
Deadlines
- Provisional date payments stopped
- 30 December 2021A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 20 January 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 29 January 2022art. XX.104 and XX.155 CEL
- First verification report
- passed on 25 February 2022Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 30 December 2022Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Filip SelsHemelstraat 3, 2018 Antwerpen 1filip@selslaw.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Business and other management consultancy sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, micro schema
Turnover
€114,225
EBIT margin
-128.8%
Net result
-€407,078▼ 103%
2019 · -€200,303
Working capital
-€334,124▼ 28.7%
2019 · -€259,701
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Turnover€114,225-
Operating result-€147,072--€131,277▲ 10.7%-€326,287▼ 149%
Net result-€402,706--€200,303▲ 50.3%-€407,078below the sector's middle half▼ 103%
EBIT margin-128.8%-
Equity-€763,542--€963,845▼ 26.2%-€1.4mbelow the sector's middle half▼ 42.2%
Total assets€861,371-€901,090▲ 4.6%€593,184above the sector's middle half▼ 34.2%
Debt€1.6m-€1.9m▲ 14.8%€2.0m▲ 5.3%
Working capital-€192,907--€259,701▼ 34.6%-€334,124below the sector's middle half▼ 28.7%
Solvency-88.6%--107.0%▼ 18.3pp-231.1%below the sector's middle half▼ 124.1pp
Current ratio0.60-0.64▲ 0.040.51below the sector's middle half▼ 0.12
Return on assets (ROA)-46.8%--22.2%▲ 24.5pp-68.6%below the sector's middle half▼ 46.4pp
Staff (FTE)0.5-0.5=
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2019 Net result +50% on 2018. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €326,287 in 2020 against €131,277 in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €593,184
Fixed assets
€238,910 ▼ 46.2%
Current assets
€354,275 ▼ 22.5%
Key figures and ratios
EBITDA
-€197,716▼
2019 · €2,294
Cash flow
-€278,507▼
2019 · -€66,732
Debt to equity
-0.88▲
2019 · -1.19
Debt ≤ 1 year
€688,399▼
2019 · €716,935
Debt > 1 year
€1.2m▲
2019 · €1.1m
Income taxes
€2,549
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Turnover70 | €114,225 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €133,571 | €133,571 | €128,571 | ▼ 3.7% |
| Gross operating margin9900 | €77,355 | €32,728 | €15,698 | ▼ 52.0% |
| Operating profit (loss)9901 | -€147,072 | -€131,277 | -€326,287 | ▼ 149% |
| Recurring financial income75 | €7 | €16,846 | €0 | ▼ 100.0% |
| Recurring financial charges65 | €158,376 | €85,871 | €175,440 | ▲ 104% |
| Profit (loss) for the period before taxes9903 | -€402,638 | -€200,303 | -€404,529 | ▼ 102% |
| Income taxes67/77 | €68 | - | €2,549 | - |
| Profit (loss) for the period9904 | -€402,706 | -€200,303 | -€407,078 | ▼ 103% |
| Profit (loss) for the period to be appropriated9905 | -€402,706 | -€200,303 | -€407,078 | ▼ 103% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €861,371 | €901,090 | €593,184 | ▼ 34.2% |
| Fixed assets21/28 | €577,365 | €443,856 | €238,910 | ▼ 46.2% |
| Tangible fixed assets22/27 | €575,568 | €441,997 | €238,848 | ▼ 46.0% |
| Financial fixed assets28 | €1,797 | €1,859 | €62 | ▼ 96.7% |
| Current assets29/58 | €284,006 | €457,234 | €354,275 | ▼ 22.5% |
| Amounts receivable within one year40/41 | €254,662 | €425,778 | €329,025 | ▼ 22.7% |
| Cash at bank and in hand54/58 | €28,574 | €31,340 | €25,250 | ▼ 19.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €861,371 | €901,090 | €593,184 | ▼ 34.2% |
| Equity10/15 | -€763,542 | -€963,845 | -€1.4m | ▼ 42.2% |
| Contributions10/11 | €718,600 | €718,600 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€1.5m | -€1.7m | -€2.1m | ▼ 24.2% |
| Amounts payable17/49 | €1.6m | €1.9m | €2.0m | ▲ 5.3% |
| Amounts payable after more than one year17 | €1.1m | €1.1m | €1.2m | ▲ 5.2% |
| Amounts payable within one year42/48 | €476,914 | €716,935 | €688,399 | ▼ 4.0% |
| Trade debts44 | €73,791 | €24,706 | €2,555 | ▼ 89.7% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€402,706 | -€200,303 | -€407,078 | ▼ 103% |
| + Depreciation and write-downs630 | €133,571 | €133,571 | €128,571 | ▼ 3.7% |
| Operating cash flow (approximation) | -€269,135 | -€66,732 | -€278,507 | ▼ 317% |
| Investment in fixed assets (approximation) | - | -€62 | €76,376 | ▲ 123,286% |
| Change in cash | - | €2,766 | -€6,090 | ▼ 320% |
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
2022
05-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 30-12-2021
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 144 days late
2020
31-12
Financial
Weakest financial yearnet -€407,078
Net result drops to -€407,078, the lowest in the series.
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
2019
25-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 117 days late
2018
06-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 128 days late
2017
17-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 109 days late
2016
06-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 67 days late
2015
20-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 81 days late
2014
27-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
23-09
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 54 days late
2012
31-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Schilde · 1 establishment unit since 2002
Ground area
7,877 m²
Building footprint
181 m²
Volume, LiDAR
736 m³
Parcel 11041B0129/00W000, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Hofse Velden 4, 2970 Schilde
since 20022.095.642.042
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041B0129/00W000 | Flanders | 7,877 m² | 1 · 181 m² | 7.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | FILIP SELS HEMELSTRAAT 3, 2018 ANTWERPEN 1- |
30-12-2021 → present |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded30-01-2002
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.