Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
New director. Latest change 01-07-2026 · 2 in office.
Lower solvency than 95% of companies in repair and installation of machinery. Sector median 45.4% · 1,800 companies.
In July 2024, 7,654 companies had the same profile as HVAC-TEAM has now. Each dot stands for 20 companies, two years later.
Another 0.8% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,654 companies, not a prediction for HVAC-TEAM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| HVAC-TEAM Hasselt | €305 | -€1,556 | -346.6% | - |
| JtE Buggenhout | €434 | -€950 | -896.0% | - |
| In2Bolting Antwerp | €1,138 | -€6,474 | -75.7% | - |
| BRENT VUYLSTEKE Menen | €1,420 | €881 | -1468.4% | - |
| OUR COMPANY Zaventem | €1,762 | -€2,212 | 13.1% | - |
| C&F Systems Brussels | €1,643 | -€1,147 | -63.7% | - |
| JORDY GABRIËLS Kalmthout | €2,058 | -€36 | 65.3% | - |
These companies have the same main activity as HVAC-TEAM: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €434 and €2,060, founded between 2021 and 2025.
The 2025 annual accounts show negative equity (-€1,056) and a net result of -€1,556. Its solvency ranks better than 5% of 1,800 sector peers (NACE 33, financial year 2025).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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