HVP
ActiveHVP has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €144k and a net result of €58k. Equity is growing by ~72.5% per year across the filed fiscal years. Its solvency ranks better than 40% of 122 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
91
/ 100
Excellent▼ -2 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+7
Solvency72▼-28
Growth78=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 2.86 against 2.53 in 2023), but 68.6% 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.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 24
Relative position
BE, all sectors
reference
Sector 24
higher
← 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 dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-10-2025, 62 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
62 d late
2023
22 d late
2022
64 d late
2021
73 d late
2020
3 d early
2019
36 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€144k▲ 67.9%
2023 · €86k
2018: €4k
2019: €14k
2020: €17k
2021: €45k
2022: €75k
2023: €86k
2018 → 2024
Total assets
€457k▲ 324%
2023 · €108k
2018: €30k
2019: €50k
2020: €48k
2021: €79k
2022: €91k
2023: €108k
2018 → 2024
Net result
€58k▲ 267%
2023 · €16k
2018: €-9k
2019: €10k
2020: €3k
2021: €28k
2022: €30k
2023: €16k
2018 → 2024
Working capital
€56k▲ 65.5%
2023 · €34k
2018: €-22k
2019: €-9k
2020: €-5k
2021: €11k
2022: €48k
2023: €34k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€17k-€45k▲ 170%€75k▲ 66.0%€86k▲ 14.5%€144k▲ 67.9%
Operating result€4k-€40k▲ 1,032%€41k▲ 2.7%€21k▼ 49.3%€91k▲ 331%
Net result€3k-€28k▲ 978%€30k▲ 4.8%€16k▼ 46.6%€58k▲ 267%
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 recovers in 2024; 2024 is 331% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €457k
Fixed assets
€371k▲ 620%
Current assets
€87k▲ 53.9%
Equity and liabilities €457k
Equity
€144k▲ 67.9%
Debt
€314k▲ 1,313%
The debt ratio rises from 20.6% to 68.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€120k▲
2023 · €33k
Cash flow
€88k▲
2023 · €28k
Solvency
31.4%▼
2023 · 79.4%
Current ratio
2.86▲
2023 · 2.53
Quick ratio
2.83▲
2023 · 2.49
Debt / equity
2.18▲
2023 · 0.26
ROE
40.5%▲
2023 · 18.5%
ROA
12.7%▼
2023 · 14.7%
Interest coverage
10.22▼
2023 · 229.65
Debt
€314k▲
2023 · €22k
Debt ≤ 1 year
€30k▲
2023 · €22k
Debt > 1 year
€283k
Income taxes
€22k▲
2023 · €5k
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€108k€457k▲
Fixed assets21/28€52k€371k▲
Tangible fixed assets22/27€52k€371k▲
Land and buildings22-€332k
Plant, machinery and equipment23€41k€32k▼
Furniture and vehicles24€10k€6k▼
Current assets29/58€56k€87k▲
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€44k€28k▼
Trade receivables40€22k€3k▼
Other amounts receivable41€22k€25k▲
Cash at bank and in hand54/58€11k€21k▲
Deferred charges and accrued income490/1€185€37k▲
Equity and liabilities
Total equity and liabilities10/49€108k€457k▲
Equity10/15€86k€144k▲
Contributions10/11€12k€12k=
Reserves13€73k€131k▲
Distributable reserves133€73k€131k▲
Amounts payable17/49€22k€314k▲
Amounts payable after more than one year17-€283k
Financial debts170/4-€283k
Amounts payable within one year42/48€22k€30k▲
Current portion of amounts payable after more than one year42-€17k
Trade debts44€17k€13k▼
Suppliers440/4€17k€13k▼
Taxes, remuneration and social security45€600-
Taxes450/3€600-
Other amounts payable47/48€5k-
Accrued charges and deferred income492/3-€31
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€30k▲
Other operating charges640/8€493€505▲
Non-recurring operating charges66A€1k-
Gross operating margin9900€34k€121k▲
Operating profit (loss)9901€21k€91k▲
Financial income75/76B€254€1k▲
Recurring financial income75€254€1k▲
Financial charges65/66B€142€12k▲
Recurring financial charges65€142€12k▲
Profit (loss) for the period before taxes9903€21k€80k▲
Income taxes67/77€5k€22k▲
Profit (loss) for the period9904€16k€58k▲
Profit (loss) for the period to be appropriated9905€16k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€58k▲
Transfer to equity691/2€11k€58k▲
To other reserves6921€11k€58k▲
Profit to be distributed694/7€5k-
Directors or managers695€5k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 62 days late
2024
31-12
Financial
Highest result since 2018net €58k ▲267%
Operating result €91k, net result €58k, both a record.
31-12
Financial
Equity above €100kEq €144k ▲67.9%
6 profitable years in a row build equity to €144k.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 3.98
Current ratio from 1.32 to 3.98; short-term debt falls from €34k to €16k.
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ravels · 2 establishment units since 2018
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.
Goirleweg 82382 RavelsGround area
1.2 ha
Building footprint
3,251 m²
Volume, LiDAR
20,529 m³
2 parcels, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
HV plaatwerk
since 20182.274.242.303
Goirleweg 8, 2382 Ravels
since 20242.367.796.922
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13033A0934/00A000 | Flanders | 9,162 m² | 1 · 2,847 m² | 10.8 m · 3 fl. |
| 13033C0414/00B000 | Flanders | 2,648 m² | 1 · 405 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 552 EUR awarded · 552 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 552 EUR | 552 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
1 live approvalLassen-constructie duaal (so)
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Of 192 companies in sector 24100 we hold annual accounts for 135. 71 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-03-2018
Fiscal year end31-12
Activities, NACEBEL
24100Manufacture of basic metals
25530Machining of metals
25401Forging of metal
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.