NVH
Bankruptcy closedSummary
NVH was declared bankrupt on 07-07-2017 (Rechtbank van koophandel Gent, afdeling Ieper); the bankruptcy was closed for insufficient assets by judgment of 01-10-2024, published in the Belgian State Gazette on 04-10-2024. The 2015 annual accounts show equity of €72,715 and a net result of €13,374.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2015 was due by 31-07-2016 and was filed on 25-04-2016, 97 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Still owed money by this company? Its procedure, who runs it and what to do now.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Plastering work sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2015, abbreviated schema
Equity
€72,715▲ 22.5%
2014 · €59,341
Total assets
€217,649▲ 26.8%
2014 · €171,589
Net result
€13,374▼ 36.2%
2014 · €20,957
Working capital
€59,047▲ 21.2%
2014 · €48,735
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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2012201320142015
Operating result€11,782-€29,933▲ 154%€49,088▲ 64.0%€41,503▼ 15.5%
Net result€5,592-€15,933▲ 185%€20,957▲ 31.5%€13,374▼ 36.2%
Equity€22,451-€38,384▲ 71.0%€59,341▲ 54.6%€72,715▲ 22.5%
Total assets€68,130-€149,224▲ 119%€171,589▲ 15.0%€217,649▲ 26.8%
Debt€45,679-€110,839▲ 143%€112,248▲ 1.3%€144,934▲ 29.1%
Working capital€1,467-€18,011▲ 1,128%€48,735▲ 171%€59,047▲ 21.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2015; 2015 is 15% below 2014.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €217,649
Fixed assets
€18,677 ▼ 12.8%
Current assets
€198,972 ▲ 32.5%
Equity and liabilities €217,649
Equity
€72,715 ▲ 22.5%
Debt
€144,934 ▲ 29.1%
Debt's share of the balance-sheet total rises from 65.4% to 66.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€45,239▼
2014 · €52,772
Cash flow
€17,110▼
2014 · €24,641
Current ratio
1.42▼
2014 · 1.48
Debt to equity
0.07▼
2014 · 0.18
ROE
18.4%▼
2014 · 35.3%
ROA
6.1%▼
2014 · 12.2%
Debt ≤ 1 year
€139,925▲
2014 · €101,445
Debt > 1 year
€5,009▼
2014 · €10,803
Income taxes
€13,837▼
2014 · €15,727
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,871 | €8,099 | €3,684 | €3,736 | ▲ 1.4% |
| Gross operating margin9900 | €21,957 | €40,795 | €58,459 | €49,442 | ▼ 15.4% |
| Operating profit (loss)9901 | €11,782 | €29,933 | €49,088 | €41,503 | ▼ 15.5% |
| Recurring financial income75 | €0 | €392 | €1,033 | €463 | ▼ 55.1% |
| Recurring financial charges65 | €746 | €1,846 | €5,052 | €7,255 | ▲ 43.6% |
| Profit (loss) for the period before taxes9903 | €11,036 | €28,479 | €36,684 | €27,211 | ▼ 25.8% |
| Income taxes67/77 | €5,444 | €12,546 | €15,727 | €13,837 | ▼ 12.0% |
| Profit (loss) for the period9904 | €5,592 | €15,933 | €20,957 | €13,374 | ▼ 36.2% |
| Profit (loss) for the period to be appropriated9905 | €5,592 | €15,933 | €20,957 | €13,374 | ▼ 36.2% |
| Line | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €68,130 | €149,224 | €171,589 | €217,649 | ▲ 26.8% |
| Fixed assets21/28 | €42,701 | €36,743 | €21,410 | €18,677 | ▼ 12.8% |
| Tangible fixed assets22/27 | €25,961 | €19,003 | €3,670 | €10,937 | ▲ 198% |
| Financial fixed assets28 | €16,740 | €17,740 | €17,740 | €7,740 | ▼ 56.4% |
| Current assets29/58 | €25,429 | €112,481 | €150,179 | €198,972 | ▲ 32.5% |
| Stocks and contracts in progress3 | - | €37,294 | €54,699 | €5,805 | ▼ 89.4% |
| Amounts receivable within one year40/41 | €15,782 | €60,852 | €71,812 | €183,062 | ▲ 155% |
| Cash at bank and in hand54/58 | €8,647 | €12,863 | €21,265 | €8,387 | ▼ 60.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €68,130 | €149,224 | €171,589 | €217,649 | ▲ 26.8% |
| Equity10/15 | €22,451 | €38,384 | €59,341 | €72,715 | ▲ 22.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €3,851 | €19,784 | €40,741 | €54,115 | ▲ 32.8% |
| Profit (loss) carried forward14 | -€3,709 | -€1,741 | - | - | - |
| Amounts payable17/49 | €45,679 | €110,839 | €112,248 | €144,934 | ▲ 29.1% |
| Amounts payable after more than one year17 | €21,717 | €16,370 | €10,803 | €5,009 | ▼ 53.6% |
| Amounts payable within one year42/48 | €23,962 | €94,470 | €101,445 | €139,925 | ▲ 37.9% |
| Trade debts44 | €1,733 | €69,373 | €56,946 | €125,850 | ▲ 121% |
| Line | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,592 | €15,933 | €20,957 | €13,374 | ▼ 36.2% |
| + Depreciation and write-downs630 | €7,871 | €8,099 | €3,684 | €3,736 | ▲ 1.4% |
| Operating cash flow (approximation) | €13,463 | €24,032 | €24,641 | €17,110 | ▼ 30.6% |
| Investment in fixed assets (approximation) | - | -€2,141 | €11,649 | -€1,003 | ▼ 109% |
| Change in cash | - | €4,216 | €8,402 | -€12,878 | ▼ 253% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
04-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Ieper · event 01-10-2024
2018
24-12
Bankruptcy
Date of cessation of payments moved back
Ondernemingsrechtbank Gent, afdeling Ieper · event 17-12-2018
2017
13-07
Bankruptcy
Opening
Rechtbank van koophandel Gent, afdeling Ieper · event 07-07-2017
2016
25-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
09-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
31-12
Financial
Highest result since 2012net €20,957 ▲31.5%
Operating result €49,088, net result €20,957, both a record.
11-03
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
19-04
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Ieper · 1 establishment unit since 2010
Ground area
148 m²
Building footprint
111 m²
Volume, LiDAR
844 m³
Parcel 33011G0092/00C000, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NVH
since 20102.194.165.635
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33011G0092/00C000 | Flanders | 148 m² | 1 · 111 m² | 12.9 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Mr VANRYCKEGHEM ALAIN RIJSELSESTRAAT 132, 8900 IEPER |
07-07-2017 → 01-10-2024 |
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Of 4,018 companies in sector 43310 we hold annual accounts for 1,749. 1,528 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 (pre-2019)
Founded01-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
43310Plastering work
43910Bricklaying and masonry work
46190Agents in non-specialised wholesale trade
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.