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TVH

Active
Private limited companyfounded 2008active for 18 yearsFazantenweg(Kessel) 8, 2560 Nijlen, BelgiumKBO/BCE: BE 0898.547.424
Summary

TVH has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €296,304 and a net result of €45,042. Equity has been growing by about 20% per year since 2018. Its solvency ranks better than 88% of 5,897 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Official details

Source: KBO
Status
Active since 30-05-2008 Normal situation
Activity
Freight transport by road NACE 49410
Establishment unit
2.171.413.096 2560 Nijlen, since 30-05-2008
Financial year end
31 December
Peppol
Reachable since 20-11-2025

Board and ownership

Board
  • Caethoven CédriqueDirector
  • Van Houdt TomDirector

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Gross margin
€298,574
▼ 13.5%
Turnover
≈ €680,000
estimated
Profit
€45,042
▼ 29.2%
Equity
€296,304
▲ 2.3%
Total assets
€365,800
▼ 4.5%
Employees on 31-12-2025
3
=
  • 2025 accounts filed 49 days after the deadline
Score breakdownraises riskLast filed accounts filed 49 days late; 2 of the last 3 accounts lateSector: Land transport and transport via pipelines (NACE 49)Size: total assets €365,800lowers riskLiquidity: current ratio 4.57, cash €111,456Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 73% of micro companies in land transport (NACE 49)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 81.0% of total assets
Liquidity 83+7
short-term debt 18.6% · cash 30.5%
Profitability 84-6
return on assets 12.3%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -0.3 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.2%▼ -0.1 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.3%▲ +0.1 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.5%▲ +0.1 percentage points vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.57 (5.16 in 2024), above the usual 1.5. Short-term debt is 18.6% and cash 30.5% of total assets. 19% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 92% of them on solvency, 86% on liquidity, 73% on profitability and 42% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 49 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Size: total assets €365,800
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 4.57, cash €111,456
NBB · annual accounts
raises risk · 2025 accounts filed 49 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
49 days late
2024
29 days late
2023
31 days late
2022
30 days late
2021
36 days late
2020
18 days early
2019
60 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 31 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 92% of companies in land transportsector median €34,734 · 5,906 companies €296,304 View
  • Positive: 8 profitable years in a rowprofit 2025: €45,042 8 years View

Recent changes

  1. · Gazette deed Change of role: VAN HOUT Tom, from manager to director
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as TVH: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €301,000 and €425,000, founded between 2006 and 2010.

CompanyTotal assetsGross margin
TVH Nijlen€365,800€298,574
BARANCAN Antwerpen€382,794€265,882
WINKELEER Bonheiden€425,114€250,126
JG CONSTRUCT Lille€300,822€244,632
ROVATRANS Tessenderlo-Ham€371,001€277,749
NB-TRANSPORT Hasselt€352,711€306,956
DUMENIL ET FILS Jurbise€327,897€310,970
Full comparison

Key facts about TVH

What is the company number of TVH?
The company number of TVH is 0898.547.424. The VAT number is the same number with BE in front: BE 0898.547.424.
Where is TVH based?
The registered office is at Fazantenweg(Kessel) 8, 2560 Nijlen.Company details
What does TVH do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of TVH?
The legal form of TVH is Private limited company (BV).
When was TVH founded?
TVH was founded on 30-05-2008.
Is TVH still active?
Yes, TVH is an active enterprise in the KBO register.
How many employees does TVH have?
TVH had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TVH?
The turnover in financial year 2025 is ≈ €680,000. This figure is estimated from the gross margin of €298,574 and 48 comparable companies (NACE 49410). It probably lies between €570,000 and €840,000.
Is TVH profitable?
In financial year 2025, TVH made a profit of €45,042.
Where can I find the annual accounts of TVH?
TVH filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TVH due?
TVH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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