HVID
ActiveHVID has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.08M and a net result of €344k. Equity is growing by ~25.7% per year across the filed fiscal years. Its solvency ranks better than 61% of 9016 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
93
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency97▼-3
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 2.12 against 3.35 in 2023), and 45.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 14
Relative position
BE, all sectors
reference
Sector 14
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 135 days later.
NBB · 4 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline12-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 28-05-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
28 d late
2023
30 d late
2022
2 d early
2021
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.08M▲ 15.4%
2023 · €934k
2021: €295k
2022: €760k
2023: €934k
2021 → 2024
Total assets
€1.99M▲ 45.7%
2023 · €1.37M
2021: €633k
2022: €1.10M
2023: €1.37M
2021 → 2024
Net result
€344k▼ 16.9%
2023 · €414k
2021: €155k
2022: €465k
2023: €414k
2021 → 2024
Working capital
€1.01M▲ 13.6%
2023 · €888k
2021: €236k
2022: €706k
2023: €888k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€295k-€760k▲ 158%€934k▲ 22.9%€1.08M▲ 15.4%
Operating result€221k-€694k▲ 214%€490k▼ 29.3%€404k▼ 17.6%
Net result€155k-€465k▲ 200%€414k▼ 11.0%€344k▼ 16.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 18% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.99M
Fixed assets
€82k▼ 20.3%
Current assets
€1.91M▲ 51.0%
Equity and liabilities €1.99M
Equity
€1.08M▲ 15.4%
Debt
€914k▲ 111%
The debt ratio rises from 31.7% to 45.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€451k▼
2023 · €537k
Cash flow
€391k▼
2023 · €460k
Solvency
54.1%▼
2023 · 68.3%
Current ratio
2.12▼
2023 · 3.35
Quick ratio
1.92▼
2023 · 2.95
Debt / equity
0.85▲
2023 · 0.46
ROE
31.9%▼
2023 · 44.3%
ROA
17.3%▼
2023 · 30.3%
Interest coverage
28.18▼
2023 · 54.27
Debt
€914k▲
2023 · €434k
Debt ≤ 1 year
€901k▲
2023 · €377k
Debt > 1 year
€12k▼
2023 · €52k
Income taxes
€64k▼
2023 · €77k
Staff costs
€93k▲
2023 · €67k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.37M€1.99M▲
Fixed assets21/28€103k€82k▼
Intangible fixed assets21€1k€244▼
Tangible fixed assets22/27€102k€82k▼
Plant, machinery and equipment23€93k€54k▼
Furniture and vehicles24€8k€28k▲
Current assets29/58€1.26M€1.91M▲
Stocks and contracts in progress3€152k€178k▲
Stocks30/36€152k€178k▲
Amounts receivable within one year40/41€686k€1.03M▲
Trade receivables40€148k€459k▲
Other amounts receivable41€538k€567k▲
Cash at bank and in hand54/58€426k€703k▲
Deferred charges and accrued income490/1€0€3k▲
Equity and liabilities
Total equity and liabilities10/49€1.37M€1.99M▲
Equity10/15€934k€1.08M▲
Contributions10/11€1k€1k=
Reserves13€932k€1.08M▲
Non-distributable reserves130/1€100€0▼
Reserves not available under the articles1311€100€0▼
Distributable reserves133€932k€1.08M▲
Profit (loss) carried forward14€1k€2k▲
Amounts payable17/49€434k€914k▲
Amounts payable after more than one year17€52k€12k▼
Financial debts170/4€52k€12k▼
Amounts payable within one year42/48€377k€901k▲
Current portion of amounts payable after more than one year42€42k€40k▼
Trade debts44€56k€378k▲
Suppliers440/4€56k€378k▲
Advances received on contracts in progress46-€615
Taxes, remuneration and social security45€31k€42k▲
Taxes450/3€16k€23k▲
Remuneration and social security454/9€14k€19k▲
Other amounts payable47/48€248k€440k▲
Accrued charges and deferred income492/3€4k€327▼
Income statement
Code20232024
Remuneration, social security and pensions62€67k€93k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€47k▲
Other operating charges640/8€1k€4k▲
Non-recurring operating charges66A-€9
Gross operating margin9900€605k€549k▼
Operating profit (loss)9901€490k€404k▼
Financial income75/76B€10k€20k▲
Recurring financial income75€10k€20k▲
Financial charges65/66B€10k€16k▲
Recurring financial charges65€10k€16k▲
Profit (loss) for the period before taxes9903€491k€408k▼
Income taxes67/77€77k€64k▼
Profit (loss) for the period9904€414k€344k▼
Profit (loss) for the period to be appropriated9905€414k€344k▼
Appropriation of the result
Profit (loss) to be appropriated9906€415k€345k▼
Profit (loss) brought forward from the previous period14P€1k€1k▲
Transfer to equity691/2€174k€143k▼
To other reserves6921€174k€143k▼
Profit to be distributed694/7€240k€200k▼
Directors or managers695€240k€200k▼
Social balance
Average headcount (FTE)90872.62.9▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
30-09
Financial
Equity above €1MEq €1.08M ▲15.4%
4 profitable years in a row build equity to €1.08M.
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2021net €465k ▲200%
Operating result €694k, net result €465k, both a record.
30-09
Financial
Equity above €500kEq €760k ▲158%
2 profitable years in a row build equity to €760k.
27-04
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
6 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, Jabbeke · 1 establishment unit since 2019
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.
Bekegemstraat 398490 JabbekeGround area
8,761 m²
Building footprint
212 m²
Volume, LiDAR
1,130 m³
Parcel 31041B0172/00G000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HVID
since 20192.299.461.214
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31041B0172/00G000 | Flanders | 8,761 m² | 1 · 212 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AD ANTWERP
BE 0427.875.512
Antwerpen · Eq €1.04M
CONFECTIEBEDRIJF CELESTA
BE 0413.989.664
Wevelgem · Eq €1.00M
L.S.P.
BE 0407.082.967
Dentergem · Eq €1.17M
BLUE STAR
BE 0400.125.790
Merelbeke-Melle · Eq €880k
Noterman Fashion
BE 0720.838.573
Kluisbergen · Eq €868k
Of 542 companies in sector 14299 we hold annual accounts for 105. 42 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-10-2019
Fiscal year end30-09
Activities, NACEBEL
14199Manufacture of wearing apparel
14299Manufacture of wearing apparel
46419Wholesale trade
13921Manufacture of textiles
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.