HVL

Active

Private limited companyfounded 2021active for 5 yearsLouis Titecastraat 2, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0771.516.521

Summary

The computed 12-month bankruptcy probability of HVL is 8.3% (elevated). The 2024 annual accounts show equity of €53,859 and a net result of €136,748. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 43% of 6,090 sector peers (NACE 96, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

HVLActiveChecked score 35/100

Risk analysis Report Compare

Activity

Funeral services

NACE 96301

2 sites

Size

€353,707total assets 2024

Equity: €53,859
Profit: €136,748

Turnover not published (micro format)

Financial health

35 Weak Checked score 2024

Bankruptcy probabilitywithin 12 months: 8.3%

Structure

HVLS BVDirector

2025 accounts not filed, 89 days past the deadline1 of 2 deeds summarised

Why 35raises risk1 financial year not filed after the legal deadline; last filed accounts filed 195 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 12-02-2026)2 establishment unitsFounded in 2021Show the evidence

Checked score

Score 2024

35 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 55% of its sector peers (NACE 96, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Average

Solvency 40-4

equity 15.2% of total assets

Liquidity 28-9

short-term debt 53.8% · cash 4.2%

Profitability 100+9

return on assets 38.7%

Bankruptcy probability, 12 months

8.3% Elevated

0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,615 companies, NACE 96, micro)

Last 24 months 11-2024: 2.3% 12-2024: 2.3%● unchanged vs 11-2024 01-2025: 2.3%● unchanged vs 12-2024 02-2025: 2.3%● unchanged vs 01-2025 03-2025: 1.9%▼ -0.4 percentage points vs 02-2025lowest value 04-2025: 1.9%● unchanged vs 03-2025 05-2025: 2.0%▲ +0.1 percentage points vs 04-2025 06-2025: 2.0%● unchanged vs 05-2025 07-2025: 2.0%● unchanged vs 06-2025 08-2025: 2.7%▲ +0.7 percentage points vs 07-2025 09-2025: 3.0%▲ +0.3 percentage points vs 08-2025 10-2025: 4.0%▲ +1.0 percentage point vs 09-2025 11-2025: 4.2%▲ +0.2 percentage points vs 10-2025 12-2025: 5.0%▲ +0.8 percentage points vs 11-2025 01-2026: 8.5%▲ +3.5 percentage points vs 12-2025highest value 02-2026: 8.5%● unchanged vs 01-2026highest value 03-2026: 5.1%▼ -3.4 percentage points vs 02-2026 04-2026: 5.2%▲ +0.1 percentage points vs 03-2026 05-2026: 5.6%▲ +0.4 percentage points vs 04-2026 06-2026: 5.5%▼ -0.1 percentage points vs 05-2026 07-2026: 5.4%▼ -0.1 percentage points vs 06-2026 08-2026: 6.3%▲ +0.9 percentage points vs 07-2026 09-2026: 6.9%▲ +0.6 percentage points vs 08-2026 10-2026: 8.3%▲ +1.4 percentage points vs 09-2026

Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Liquidity tight (current ratio 1.07, compared with 1.57 in 2023, below the usual 1.5; short-term debt: 53.8% and cash: 4.2% of total assets), and 84.8% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro): better than 41% on solvency, 21% on liquidity, 93% on profitability and 66% on growth.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

raises risk

1 financial year not filed after the legal deadline; last filed accounts filed 195 days late; 2 of the last 3 late

NBB · filings

Figures for financial year 2024 (filed 12-02-2026)

NBB · annual accounts

2 establishment units

KBO · seat and establishments

Founded in 2021

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.

NBB · 4 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline28-10-2026 today

2024 accounts filed 195 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-02-2026, 195 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 4 filings

Deviation from the deadline

2025

not filed

2024

195 days late

2023

29 days early

2022

67 days late

2021

4 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 59 days after the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

11-02-2026 Annual accounts filedfinancial year 2024 · micro…
31-12-2024 Highest result from 2021 to 2024net €136,748 ▲220%
02-07-2024 Annual accounts filedfinancial year 2023 · micro…

Key points

Positive: Result rose in 2024from €42,722 to €136,748 ▲ 220% View
Positive: Among the best 5% on net resultsector median €2,854 · 6,083 companies €136,748 View
Caution: 2025 accounts not fileddeadline was 31-07-2026 89 days past the deadline View

By topic

Financials

Financial year: 2024
Total assets: €353,707
Profit: €136,748
Solvency: 15.2%

Total assets▲ 45.7%

Net result

20212024

Go to Financials

Board & ownership

Board: 1 member

HVLS BVDirector

Go to Board & ownership

Timeline

Events: 6
Since: 2022

18-01-2024Resignation: Van Loo Steven (director)
06-10-2023Annual accounts filed
04-08-2022Annual accounts filed

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company
Activity: Funeral servicesNACE 96301
Founded: 18-07-2021
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about HVL

What is the company number of HVL?: 0771.516.521. In Belgium the VAT number is the company number with BE in front: BE 0771.516.521.
Where is HVL based?: The registered office is at Louis Titecastraat 2, 1150 Sint-Pieters-Woluwe.Company details
What does HVL do?: According to the KBO register, the main activity is funeral services (NACE 96301).
What is the legal form of HVL?: Private limited company (BV).
When was HVL founded?: On 18-07-2021.
Is HVL still active?: Yes, HVL is an active enterprise in the KBO register.
What is the turnover of HVL?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is HVL profitable?: In financial year 2024, HVL made a profit of €136,748.
Where can I find the annual accounts of HVL?: HVL filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.