PATRICK HILVEN
ActivePATRICK HILVEN has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €432k and a net result of €26k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 26% of 37979 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
71
/ 100
Healthy▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability30▼-12
Solvency67▲+5
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.63 against 3.17 in 2023), but 71.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
34 d early
2022
34 d early
2021
32 d early
2020
36 d early
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€432k▲ 8.4%
2023 · €399k
2020: €381k
2021: €380k
2022: €367k
2023: €399k
2020 → 2024
Total assets
€1.51M▼ 1.9%
2023 · €1.54M
2020: €1.44M
2021: €1.38M
2022: €1.55M
2023: €1.54M
2020 → 2024
Net result
€26k▼ 22.3%
2023 · €34k
2020: €-14k
2021: €856
2022: €-11k
2023: €34k
2020 → 2024
Working capital
€242k▼ 21.2%
2023 · €307k
2020: €142k
2021: €137k
2022: €23k
2023: €307k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€381k-€380k▼ 0.2%€367k▼ 3.4%€399k▲ 8.7%€432k▲ 8.4%
Operating result€18k-€59k▲ 221%€53k▼ 9.4%€88k▲ 65.9%€115k▲ 30.9%
Net result€-14k-€856€-11k€34k€26k▼ 22.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 31% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.51M
Fixed assets
€1.12M▲ 2.7%
Current assets
€390k▼ 13.0%
Equity and liabilities €1.51M
Equity
€432k▲ 8.4%
Debt
€1.07M▼ 5.5%
The debt ratio falls from 74.0% to 71.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€173k▲
2023 · €144k
Cash flow
€84k▼
2023 · €89k
Solvency
28.7%▲
2023 · 26.0%
Current ratio
2.63▼
2023 · 3.17
Quick ratio
2.63▼
2023 · 3.17
Debt / equity
2.48▼
2023 · 2.85
ROE
6.1%▼
2023 · 8.5%
ROA
1.7%▼
2023 · 2.2%
Interest coverage
2.29▲
2023 · 1.87
Debt
€1.07M▼
2023 · €1.14M
Debt ≤ 1 year
€148k▲
2023 · €141k
Debt > 1 year
€925k▼
2023 · €995k
Income taxes
€20k▲
2023 · €4k
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
Total assets20/58€1.54M€1.51M▼
Fixed assets21/28€1.09M€1.12M▲
Tangible fixed assets22/27€902k€931k▲
Financial fixed assets28€185k€185k=
Current assets29/58€448k€390k▼
Amounts receivable within one year40/41€336k€279k▼
Investments50/53€106k€94k▼
Cash & bank54/58€3k€13k▲
Total equity & liabilities10/49€1.54M€1.51M▼
Equity10/15€399k€432k▲
Contributions / capital10/11€199k€199k=
Reserves13€200k€234k▲
Amounts payable17/49€1.14M€1.07M▼
Amounts payable after one year17€995k€925k▼
Amounts payable within one year42/48€141k€148k▲
Trade debts payable within one year44€172€261▲
Income statement
Code20232024
Gross operating margin9900€154k€184k▲
Operating result9901€88k€115k▲
Financial income75€1k€6k▲
Financial charges65€77k€76k▼
Result before taxes9903€38k€46k▲
Income taxes67/77€4k€20k▲
Net result for the period9904€34k€26k▼
Result to be appropriated9905€34k€26k▼
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 3.17
Current ratio from 1.19 to 3.17.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €856
Net result €856 after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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
Structure & network
Ownership & control
1 partyPATRICK HILVENBE 0865.827.740
controls
Where this company holds controlthis company sits on their board1
1 location
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Of 82,136 companies in sector 70200 we hold annual accounts for 51,754. 35,514 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-06-2004
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 02-08-2026. Scores and ratios are computed by Checked and are not a credit decision.