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HVMA

Active
Private limited companyfounded 20233 yrs activeChaussée de Redemont(PAU) 128-130, 7100 La Louvière, BelgiumKBO/BCE: BE 1000.383.863
Summary

HVMA has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2,067 and a net result of €1,435. The computed 12-month bankruptcy probability is 0.7% (low).

Overview

What they do
Business and other management consultancy
NACE 70200Business consulting NACE 70220
1 site
How big
€10,221total assets 2024
Equity
€2,067
Profit
€1,435
Turnover not published (abridged schema)
Financially healthy?
64 Healthy Checked score 2024
Bankruptcy chance 12 m
0.7%
Who decides
Accounts 39 d early1 of 2 deeds read
Why 64- Limited track record- Annual accounts: weaker financial profile- Higher-failure-rate region+ Lower-failure-rate sectorLatest accounts filed on timeShow the evidence

Checked score

Score 2024
Axes · tick = 2023
Profitability73▼-2
Solvency45▲+2
Growth78
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
20.2%
Return on assets
14%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
39 d early
2024
29 d late
2023
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 August (3 of the last 3 filed years within 68 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Registered officeRegistered-office move · Power of…
  3. Annual accounts filedfiscal year 2024 · micro…

Financials

Fiscal year 2024Total assets €10,221Profit €1,435Solvency 20.2%Liquidity 1.25
Total assets
€10,221▲ 188%
2023 - 2024
Net result
€1,435▲ 170%
2023 - 2024
Equity
€2,067▲ 227%
2023 - 2024
Solvency
20.2%▲ 2.4pp
2023 - 2024

Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet

Trend over the years2 fiscal years
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€678-€2,355▲ 248%
Net result€532below the sector's middle half-€1,435below the sector's middle half▲ 170%
Equity€632below the sector's middle half-€2,067below the sector's middle half▲ 227%
Total assets€3,550below the sector's middle half-€10,221below the sector's middle half▲ 188%
Debt€2,918-€8,154▲ 179%
Working capital€632below the sector's middle half-€2,067within the sector's middle half▲ 227%
Solvency20.2%below the sector's middle half
Current ratio1.25within the sector's middle half
Return on assets (ROA)14.0%within the sector's middle half
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 micro schema does not require them.
Result and balance sheet2024
Result per fiscal year
Operating resultNet result
€0€1,000€2,000Operating result 2023: €678€678Net result 2023: €532€532Operating result 2024: €2,355€2,355Net result 2024: €1,435€1,43520232024€0€1,000€2,000Operating result 2023: €678€678Net result 2023: €532€532Operating result 2024: €2,355€2,350Net result 2024: €1,435€1,44020232024
The operating result rises in 2024; 2024 is 248% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €10,221
Equity €2,067 ▲ 227%
Debt €8,154 ▲ 179%
Debt's share of the balance-sheet total falls from 82.2% to 79.8%. Equity and debt are higher.
Key figures and ratios2024
Key figures and ratios
2024 value · change against 2023
Debt to equity
3.94
ROE
69.4%
Debt ≤ 1 year
€8,154▲
2023 · €2,918
Income taxes
€840▲
2023 · €133
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2024
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 27 lines
Balance sheet Code20232024
Assets
Total assets20/58€3,550€10,221▲
Current assets29/58€3,550€10,221▲
Amounts receivable within one year40/41-€1,814
Other amounts receivable41-€1,814
Cash at bank and in hand54/58€3,550€8,407▲
Equity and liabilities
Total equity and liabilities10/49€3,550€10,221▲
Equity10/15€632€2,067▲
Contributions10/11€100€100=
Profit (loss) carried forward14€532€1,967▲
Amounts payable17/49€2,918€8,154▲
Amounts payable within one year42/48€2,918€8,154▲
Trade debts44€54-
Suppliers440/4€54-
Taxes, remuneration and social security45€1,841€1,911▲
Taxes450/3€1,841€1,911▲
Other amounts payable47/48€1,024€6,243▲
Income statement Code20232024
Other operating charges640/8€384€387▲
Gross operating margin9900€1,062€2,742▲
Operating profit (loss)9901€678€2,355▲
Financial charges65/66B€13€79▲
Recurring financial charges65€13€79▲
Profit (loss) for the period before taxes9903€665€2,275▲
Income taxes67/77€133€840▲
Profit (loss) for the period9904€532€1,435▲
Profit (loss) for the period to be appropriated9905€532€1,435▲
Appropriation of the result
Profit (loss) to be appropriated9906€532€1,967▲
Profit (loss) brought forward from the previous period14P-€532

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Other operating charges640/8€384€387▲ 0.8%
Gross operating margin9900€1,062€2,742▲ 158%
Operating profit (loss)9901€678€2,355▲ 248%
Financial charges65/66B€13€79▲ 522%
Recurring financial charges65€13€79▲ 522%
Profit (loss) for the period before taxes9903€665€2,275▲ 242%
Income taxes67/77€133€840▲ 532%
Profit (loss) for the period9904€532€1,435▲ 170%
Profit (loss) for the period to be appropriated9905€532€1,435▲ 170%
Line20232024Change
Assets
Total assets20/58€3,550€10,221▲ 188%
Current assets29/58€3,550€10,221▲ 188%
Amounts receivable within one year40/41-€1,814-
Other amounts receivable41-€1,814-
Cash at bank and in hand54/58€3,550€8,407▲ 137%
Equity and liabilities
Total equity and liabilities10/49€3,550€10,221▲ 188%
Equity10/15€632€2,067▲ 227%
Contributions10/11€100€100=
Profit (loss) carried forward14€532€1,967▲ 270%
Amounts payable17/49€2,918€8,154▲ 179%
Amounts payable within one year42/48€2,918€8,154▲ 179%
Trade debts44€54--
Suppliers440/4€54--
Taxes, remuneration and social security45€1,841€1,911▲ 3.8%
Taxes450/3€1,841€1,911▲ 3.8%
Other amounts payable47/48€1,024€6,243▲ 510%
Line20232024Change
Profit (loss) for the period9904€532€1,435▲ 170%
Operating cash flow (approximation)€532€1,435▲ 170%
Change in cash-€4,857-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Similar companies · same sector, comparable size

Of 82,601 companies in this sector we hold annual accounts for 52,629. 8,652 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Timeline

4 eventsLatest 22-06-2026Next filing 31-07-2027

History

On 27 September 2023, HVMA was incorporated as a Private limited company.1 In 2026 the registered office moved to La Louvière.2 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 12-06-2026
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
12-06
State Gazette act Registered office
Registered-office move · Power of attorney3 facts ▸
  • Board meeting, 06-05-2026
  • Registered-office move, Chaussée de Redemont 128-130 à 7100 La Louvière
  • Power of attorney, SRL Accountant and Tax Adviser
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
State Gazette actNBB filing
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Company details

Private limited company · founded 27-09-2023Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded27-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:1000383863
Registered 06-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, La Louvière · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
548 m²
Building footprint
169 m²
Volume, LiDAR
1,531 m³
2 parcels, Wallonia · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HVMA
Place de la Station 6 B, 6041 CharleroiComputer programming, consultancy and related activities
since 2023unit no. 2.350.578.927
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55015A0164/00X036 Wallonia 408 m² 1 · 75 m² 11.2 m · 3 fl.
52028B0371/00E003 Wallonia 141 m² 1 · 94 m² 12.6 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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