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HVMD

Active
Private limited companyfounded 20242 yrs activeDorpstraat 399, 3061 Bertem, BelgiumKBO/BCE: BE 1014.115.501
Summary

The computed 12-month bankruptcy probability of HVMD is 2.6% (moderate). The 2025 annual accounts show equity of €131,996 and a net result of €131,896. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days only on tighter terms
Liquidity ample (current ratio 4.19; short-term debt: 23.3% and cash: 70.9% of total assets), and 23.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
76.7%
Return on assets
76.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 21-12-2025, 41 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
41 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

HVMD was incorporated on 25 September 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€131,996
Total assets
€172,106
Net result
€131,896
Working capital
€127,932

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €172,106
Fixed assets €4,064
Current assets €168,042
Equity and liabilities €172,106
Equity €131,996
Debt €40,110
Debt finances 23.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€171,091
Cash flow
€132,473
Current ratio
4.19
Debt to equity
0.30
ROE
99.9%
ROA
76.6%
Interest coverage
9505.06
Debt ≤ 1 year
€40,110
Income taxes
€38,600

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.6% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 39,275 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€172,106
Fixed assets21/28€4,064
Tangible fixed assets22/27€4,064
Plant, machinery and equipment23€542
Furniture and vehicles24€3,522
Current assets29/58€168,042
Amounts receivable within one year40/41€1,000
Trade receivables40€1,000
Cash at bank and in hand54/58€121,947
Deferred charges and accrued income490/1€45,095
Equity and liabilities
Total equity and liabilities10/49€172,106
Equity10/15€131,996
Contributions10/11€100
Reserves13€131,896
Distributable reserves133€131,896
Amounts payable17/49€40,110
Amounts payable within one year42/48€40,110
Taxes, remuneration and social security45€37,500
Taxes450/3€37,500
Other amounts payable47/48€2,610
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€577
Other operating charges640/8€330
Gross operating margin9900€171,421
Operating profit (loss)9901€170,514
Financial charges65/66B€18
Recurring financial charges65€18
Profit (loss) for the period before taxes9903€170,496
Income taxes67/77€38,600
Profit (loss) for the period9904€131,896
Profit (loss) for the period to be appropriated9905€131,896
Appropriation of the result
Profit (loss) to be appropriated9906€131,896
Transfer to equity691/2€131,896
To other reserves6921€131,896

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€577
Other operating charges640/8€330
Gross operating margin9900€171,421
Operating profit (loss)9901€170,514
Financial charges65/66B€18
Recurring financial charges65€18
Profit (loss) for the period before taxes9903€170,496
Income taxes67/77€38,600
Profit (loss) for the period9904€131,896
Profit (loss) for the period to be appropriated9905€131,896
Line2025
Assets
Total assets20/58€172,106
Fixed assets21/28€4,064
Tangible fixed assets22/27€4,064
Plant, machinery and equipment23€542
Furniture and vehicles24€3,522
Current assets29/58€168,042
Amounts receivable within one year40/41€1,000
Trade receivables40€1,000
Cash at bank and in hand54/58€121,947
Deferred charges and accrued income490/1€45,095
Equity and liabilities
Total equity and liabilities10/49€172,106
Equity10/15€131,996
Contributions10/11€100
Reserves13€131,896
Distributable reserves133€131,896
Amounts payable17/49€40,110
Amounts payable within one year42/48€40,110
Taxes, remuneration and social security45€37,500
Taxes450/3€37,500
Other amounts payable47/48€2,610
Line2025
Profit (loss) for the period9904€131,896
+ Depreciation and write-downs630€577
Operating cash flow (approximation)€132,473

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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Timeline · acts, filings and financial milestones

2025
21-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Bertem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
816 m²
Building footprint
78 m²
Volume, LiDAR
620 m³
Parcel 24061D0043/00R000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HVMD
Dorpstraat 399, 3061 BertemSpecialist medical practice
since 20242.365.523.459
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24061D0043/00R000 Flanders 816 m² 1 · 78 m² 10.9 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded25-09-2024
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID 0208:1014115501
Registered 05-10-2025

Register as of 26 September 2026 · Peppol Directory

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