NDVH
ActiveSummary
The computed 12-month bankruptcy probability of NDVH is 1.7% (moderate). The 2025 annual accounts show equity of €70k and a net result of €7k. Equity is growing by ~31.8% per year across the filed fiscal years. Its solvency ranks better than 60% of 7500 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-9
Solvency78▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.16 in 2024; short-term debt: 46.8% and cash: 2.9% of total assets), and 46.8% 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 · 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.2%
Return on assets
5.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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
24 d late
2024
18 d late
2023
41 d early
2022
38 d early
2021
11 d late
2020
11 d late
2019
39 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€70k▲ 11.1%
2024 · €63k
Total assets
€131k▲ 42.1%
2024 · €92k
Net result
€7k▼ 36.5%
2024 · €11k
Working capital
€16k▲ 250%
2024 · €5k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€8k€16k▲ 114%€21k▲ 31.0%€16k▼ 22.8%€12k▼ 28.3%
Net result€5k▼ 3.1%€11k▲ 98.8%€14k▲ 31.9%€11k▼ 23.8%€7k▼ 36.5%
Equity€26k▲ 26.4%€37k▲ 41.5%€52k▲ 38.7%€63k▲ 21.3%€70k▲ 11.1%
Total assets€47k▲ 5.6%€54k▲ 14.1%€71k▲ 30.9%€92k▲ 30.5%€131k▲ 42.1%
Debt€21k▼ 12.5%€17k▼ 20.4%€19k▲ 13.6%€29k▲ 55.7%€61k▲ 108%
Working capital€22k▼ 10.4%€29k▲ 32.3%€15k▼ 48.5%€5k▼ 68.9%€16k▲ 250%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €131k
Fixed assets
€53k ▼ 8.2%
Current assets
€78k ▲ 127%
Equity and liabilities €131k
Equity
€70k ▲ 11.1%
Debt
€61k ▲ 108%
Debt's share of the balance-sheet total rises from 32.0% to 46.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€25k▼
2024 · €25k
Cash flow
€20k▲
2024 · €20k
Current ratio
1.27▲
2024 · 1.16
Debt to equity
0.88▲
2024 · 0.47
ROE
10.0%▼
2024 · 17.5%
ROA
5.3%▼
2024 · 11.9%
Interest coverage
31.96▼
2024 · 38.10
Debt ≤ 1 year
€61k▲
2024 · €29k
Income taxes
€4k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €26k | - | - | - |
| Remuneration, social security and pensions62 | - | €4k | €4k | €4k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €3k | €9k | €13k | ▲ 47.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €7k | - | - | - | - |
| Other operating charges640/8 | €2k | €2k | €1k | €2k | €2k | ▼ 1.9% |
| Gross operating margin9900 | €11k | €31k | €30k | €31k | €26k | ▼ 15.7% |
| Operating profit (loss)9901 | €8k | €16k | €21k | €16k | €12k | ▼ 28.3% |
| Financial income75/76B | €1k | €2k | €1k | €1k | €53 | ▼ 96.3% |
| Recurring financial income75 | €1k | €2k | €1k | €1k | €53 | ▼ 96.3% |
| Financial charges65/66B | €554 | €837 | €454 | €662 | €775 | ▲ 17.0% |
| Recurring financial charges65 | €554 | €837 | €454 | €662 | €775 | ▲ 17.0% |
| Profit (loss) for the period before taxes9903 | €8k | €17k | €22k | €17k | €11k | ▼ 35.7% |
| Income taxes67/77 | €3k | €6k | €8k | €6k | €4k | ▼ 34.4% |
| Profit (loss) for the period9904 | €5k | €11k | €14k | €11k | €7k | ▼ 36.5% |
| Profit (loss) for the period to be appropriated9905 | €5k | €11k | €14k | €11k | €7k | ▼ 36.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €47k | €54k | €71k | €92k | €131k | ▲ 42.1% |
| Fixed assets21/28 | €4k | €8k | €37k | €58k | €53k | ▼ 8.2% |
| Tangible fixed assets22/27 | €4k | €8k | €37k | €58k | €53k | ▼ 8.2% |
| Land and buildings22 | - | €5k | €35k | €31k | €27k | ▼ 12.2% |
| Plant, machinery and equipment23 | €4k | €3k | €2k | €10k | €8k | ▼ 17.8% |
| Furniture and vehicles24 | €613 | - | - | €18k | €18k | ▲ 4.0% |
| Current assets29/58 | €43k | €46k | €34k | €34k | €78k | ▲ 127% |
| Amounts receivable within one year40/41 | €43k | €46k | €28k | €33k | €13k | ▼ 59.6% |
| Trade receivables40 | €21k | €21k | - | €11k | €12k | ▲ 13.8% |
| Other amounts receivable41 | €22k | €25k | €28k | €22k | €1k | ▼ 94.7% |
| Cash at bank and in hand54/58 | €34 | €31 | €6k | €1k | €4k | ▲ 223% |
| Deferred charges and accrued income490/1 | - | - | - | - | €61k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €47k | €54k | €71k | €92k | €131k | ▲ 42.1% |
| Equity10/15 | €26k | €37k | €52k | €63k | €70k | ▲ 11.1% |
| Contributions10/11 | €13k | €13k | €13k | €13k | €13k | = |
| Reserves13 | €13k | €24k | €38k | €49k | €56k | ▲ 14.2% |
| Non-distributable reserves130/1 | €87 | €87 | €87 | €87 | €87 | = |
| Reserves not available under the articles1311 | €87 | €87 | €87 | €87 | €87 | = |
| Distributable reserves133 | €13k | €24k | €38k | €49k | €56k | ▲ 14.2% |
| Amounts payable17/49 | €21k | €17k | €19k | €29k | €61k | ▲ 108% |
| Amounts payable within one year42/48 | €21k | €17k | €19k | €29k | €61k | ▲ 108% |
| Financial debts43 | €10k | €808 | - | - | - | - |
| Credit institutions430/8 | €10k | €808 | - | - | - | - |
| Trade debts44 | €3k | €4k | €5k | €13k | €26k | ▲ 97.2% |
| Suppliers440/4 | €3k | €4k | €5k | €13k | €26k | ▲ 97.2% |
| Taxes, remuneration and social security45 | €8k | €12k | €14k | €16k | €10k | ▼ 36.2% |
| Taxes450/3 | €4k | €12k | €14k | €16k | €10k | ▼ 36.2% |
| Remuneration and social security454/9 | €5k | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €25k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €11k | €14k | €11k | €7k | ▼ 36.5% |
| + Depreciation and write-downs630 | €2k | €2k | €3k | €9k | €13k | ▲ 47.4% |
| Operating cash flow (approximation) | €7k | €13k | €18k | €20k | €20k | ▲ 0.9% |
| Investment in fixed assets (approximation) | - | €-5k | €-32k | €-30k | €-8k | ▲ 72.7% |
| Change in cash | - | €-3 | €6k | €-5k | €3k | ▲ 150% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2019net €14k ▲31.9%
Operating result €21k, net result €14k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 2.35
Current ratio from 0.86 to 2.35; short-term debt falls from €24k to €18k.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Mol · 1 establishment unit since 2019
Ground area
618 m²
Building footprint
195 m²
Parcel 13435C1436/00F002, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
NDVH
since 20192.286.015.430
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13435C1436/00F002 | Flanders | 618 m² | 1 · 195 m² | - |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,065 EUR awarded · 1,065 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,065 EUR | 1,065 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 13,213 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
96210Hairdressing and barber services
Scores and ratios are computed by Checked and are not a credit decision.