TVH
ActiveTVH has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €290k and a net result of €64k. Equity is growing by ~23.8% per year across the filed fiscal years. Its solvency ranks better than 84% of 6712 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
100
/ 100
Excellent▲ +14 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+57
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 5.16 against 4.23 in 2023), and 24.3% 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+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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← 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 · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
31 d late
2022
30 d late
2021
36 d late
2020
18 d early
2019
60 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€290k▲ 22.2%
2023 · €237k
2018: €52k
2019: €74k
2020: €116k
2021: €171k
2022: €217k
2023: €237k
2018 → 2024
Total assets
€383k▲ 7.9%
2023 · €355k
2018: €77k
2019: €96k
2020: €172k
2021: €493k
2022: €404k
2023: €355k
2018 → 2024
Net result
€64k▲ 214%
2023 · €20k
2018: €17k
2019: €22k
2020: €50k
2021: €62k
2022: €54k
2023: €20k
2018 → 2024
Working capital
€276k▲ 29.4%
2023 · €214k
2018: €44k
2019: €64k
2020: €107k
2021: €134k
2022: €196k
2023: €214k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€116k-€171k▲ 47.9%€217k▲ 26.8%€237k▲ 9.3%€290k▲ 22.2%
Operating result€63k-€83k▲ 32.2%€75k▼ 9.8%€33k▼ 55.2%€92k▲ 176%
Net result€50k-€62k▲ 24.8%€54k▼ 13.8%€20k▼ 62.3%€64k▲ 214%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 176% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €383k
Fixed assets
€40k▼ 46.7%
Current assets
€343k▲ 22.5%
Equity and liabilities €383k
Equity
€290k▲ 22.2%
Debt
€93k▼ 21.0%
The debt ratio falls from 33.2% to 24.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€144k▲
2023 · €83k
Cash flow
€116k▲
2023 · €69k
Solvency
75.7%▲
2023 · 66.8%
Current ratio
5.16▲
2023 · 4.23
Quick ratio
4.97▲
2023 · 4.13
Debt / equity
0.32▼
2023 · 0.50
ROE
21.9%▲
2023 · 8.6%
ROA
16.6%▲
2023 · 5.7%
Interest coverage
45.21▲
2023 · 22.65
Debt
€93k▼
2023 · €118k
Debt ≤ 1 year
€66k▲
2023 · €66k
Debt > 1 year
€27k▼
2023 · €52k
Income taxes
€26k▲
2023 · €10k
Staff costs
€199k▲
2023 · €150k
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€355k€383k▲
Fixed assets21/28€75k€40k▼
Tangible fixed assets22/27€75k€40k▼
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24€55k€22k▼
Other tangible fixed assets26€19k€16k▼
Financial fixed assets28€457€457=
Current assets29/58€280k€343k▲
Stocks and contracts in progress3€6k€12k▲
Stocks30/36€6k€12k▲
Amounts receivable within one year40/41€150k€205k▲
Trade receivables40€139k€202k▲
Other amounts receivable41€11k€2k▼
Cash at bank and in hand54/58€81k€92k▲
Deferred charges and accrued income490/1€43k€33k▼
Equity and liabilities
Total equity and liabilities10/49€355k€383k▲
Equity10/15€237k€290k▲
Contributions10/11€12k€12k=
Reserves13€208k€261k▲
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Distributable reserves133€207k€259k▲
Profit (loss) carried forward14€16k€16k=
Amounts payable17/49€118k€93k▼
Amounts payable after more than one year17€52k€27k▼
Financial debts170/4€52k€27k▼
Amounts payable within one year42/48€66k€66k▲
Current portion of amounts payable after more than one year42€25k€25k▲
Trade debts44€18k€4k▼
Suppliers440/4€18k€4k▼
Taxes, remuneration and social security45€24k€37k▲
Taxes450/3€6k€19k▲
Remuneration and social security454/9€17k€18k▲
Other amounts payable47/48-€699
Income statement
Code20232024
Remuneration, social security and pensions62€150k€199k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€52k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€235k€345k▲
Operating profit (loss)9901€33k€92k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€30k€89k▲
Income taxes67/77€10k€26k▲
Profit (loss) for the period9904€20k€64k▲
Profit (loss) for the period to be appropriated9905€20k€64k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€80k▲
Profit (loss) brought forward from the previous period14P€16k€16k▲
Transfer from equity791/2-€11k
Transfer to equity691/2€20k€64k▲
To other reserves6921€20k€64k▲
Profit to be distributed694/7-€11k
Return on contributions (dividend)694-€11k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €64k ▲214%
Operating result €92k, net result €64k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Equity above €200kEq €217k ▲26.8%
5 profitable years in a row build equity to €217k.
05-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 36 days late
2021
31-12
Financial
Equity above €150kEq €171k ▲47.9%
4 profitable years in a row build equity to €171k.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €116k ▲56%
3 profitable years in a row build equity to €116k.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Nijlen · 1 establishment unit since 2008
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.
Fazantenweg(Kessel) 82560 NijlenGround area
816 m²
Building footprint
143 m²
Volume, LiDAR
668 m³
Parcel 12018B0139/00M000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TVH
since 20082.171.413.096
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12018B0139/00M000 | Flanders | 816 m² | 1 · 143 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
HERVATRA
BE 0881.612.016
Diest · Eq €290k
TRANSCLAES
BE 0441.430.667
Tielt-Winge · Eq €290k
WYNSBERGHE-AGRI
BE 0424.986.989
Aalter · Eq €290k
VERVOER DENYS
BE 0405.554.921
Kortemark · Eq €289k
TRANSSYSTEMS
BE 0872.347.328
Antwerpen · Eq €290k
Of 12,446 companies in sector 49410 we hold annual accounts for 8,083. 5,803 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-05-2008
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.