Financials
- Fiscal year
- 2025
- Total assets
- €14,276
- Loss
- -€51,752
- Solvency
- -327.5%
HVLS
ActiveSummary
The computed 12-month bankruptcy probability of HVLS is 2.0% (moderate). The 2025 annual accounts show negative equity (-€46,752) and a net result of -€51,752. Its solvency ranks better than 5% of 16759 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Buying and selling of own real estate
NACE 68110NACE 68100
1 site
Size
€14,276total assets 2025
- Equity
- -€46,752
- Loss
- -€51,752
Turnover not published (abridged schema)
Structure
Accounts filed 103 d late0 of 1 deed read
Why 51- Latest accounts 103 days late; 1 of the last 3 late- Negative equity -€46,752+ Sector Real estate activities (NACE 68)+ Size: total assets €14,276Show the evidence
Checked score
Score 2025
51
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 8% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
0
equity -327.5% of total assets
Liquidity
18
short-term debt 427.5% · cash 14.3%
Profitability
0
return on assets -362.5%
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.7%lowest value
12-2024: 0.7%▲ +3.0% vs 11-2024
01-2025: 0.7%▲ +5.7% vs 12-2024
02-2025: 0.8%▲ +6.0% vs 01-2025
03-2025: 0.9%▲ +12.5% vs 02-2025
04-2025: 1.0%▲ +11.3% vs 03-2025
05-2025: 1.0%● 0.0% vs 04-2025
06-2025: 0.9%▼ -1.6% vs 05-2025
07-2025: 0.9%▼ -1.4% vs 06-2025
08-2025: 1.0%▲ +10.6% vs 07-2025
09-2025: 1.1%▲ +5.1% vs 08-2025
10-2025: 1.1%▲ +1.3% vs 09-2025
11-2025: 1.1%● 0.0% vs 10-2025
12-2025: 1.1%▼ -1.5% vs 11-2025
01-2026: 1.1%● 0.0% vs 12-2025
02-2026: 1.1%● 0.0% vs 01-2026
03-2026: 2.0%▲ +89.3% vs 02-2026highest value
04-2026: 2.0%▼ -0.9% vs 03-2026
05-2026: 2.0%▼ -1.7% vs 04-2026
06-2026: 1.9%▼ -2.4% vs 05-2026
07-2026: 1.9%● 0.0% vs 06-2026
08-2026: 1.9%● 0.0% vs 07-2026
09-2026: 1.9%▼ -0.2% vs 08-2026
10-2026: 2.0%▲ +3.8% vs 09-2026
- Latest accounts 103 days late; 1 of the last 3 late raises the probability
- Sector Real estate activities (NACE 68) lowers the probability
- Negative equity -€46,752 raises the probability
- Size: total assets €14,276 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.23; short-term debt: 427.5% and cash: 14.3% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 5%, liquidity 15%, profitability 4%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 11-02-2026, 103 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filingDeviation from the deadline
2025
103 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2026
- 11-02-2026Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Buying and selling of own real estateNACE 68110
- Founded
- 18-09-2023
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
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