The computed 12-month bankruptcy probability of VAHF is 6.3% (elevated). The 2020 annual accounts show equity of €14.3m and a net result of €2.5m. Equity is shrinking by about 14% per year across the filed financial years. The company has been active since 1971 and the Belgian Official Gazette contains no insolvency or warning signals.
“Les immeubles,tels que définis aux articles 3.47 et suivants du Code civil,situés en Belgique…” (deed in French)
From the articles, 14 activitiesNo NACE code in the KBO yet2 sites
Size
€41.2mtotal assets 2020
Staff
6.5 FTE
Equity
€14.3m
Profit
€2.5m
Financial health
Bankruptcy probabilitywithin 12 months
6.3%
2020 figures too old to score
Structure
Parent
4 ACES · 100%
Holdings
1
Vicinity PartnersDirector · permanent representative VAN EX Jean-Baptiste
Auditor: Mazars Réviseurs d'entreprises SRLAccounts 46 days early
Signalsraises riskFigures for financial year 2020 (filed 08-09-2021)No main activity registeredLiquidity: current ratio 0.15, cash €495,837lowers riskFounded in 1971neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Bankruptcy probability: Elevated
Financial strength, FY 2020 · tick = 2019
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Average
Solvency60-18
equity 34.6% of total assets
Liquidity47-2
short-term debt 17.4% · cash 1.2%
Profitability52+17
return on assets 6.0%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
6.3%Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 5.8%lowest value12-2024: 5.8%● unchanged vs 11-2024lowest value01-2025: 5.8%● unchanged vs 12-2024lowest value02-2025: 5.8%● unchanged vs 01-2025lowest value03-2025: 5.8%● unchanged vs 02-2025lowest value04-2025: 5.8%● unchanged vs 03-2025lowest value05-2025: 5.8%● unchanged vs 04-2025lowest value06-2025: 5.8%● unchanged vs 05-2025lowest value07-2025: 5.8%● unchanged vs 06-2025lowest value08-2025: 6.7%▲ +0.9 percentage points vs 07-202509-2025: 6.7%● unchanged vs 08-202510-2025: 7.2%▲ +0.5 percentage points vs 09-2025highest value11-2025: 7.2%● unchanged vs 10-2025highest value12-2025: 7.2%● unchanged vs 11-2025highest value01-2026: 7.2%● unchanged vs 12-2025highest value02-2026: 7.2%● unchanged vs 01-2026highest value03-2026: 7.2%● unchanged vs 02-2026highest value04-2026: 7.2%● unchanged vs 03-2026highest value05-2026: 7.2%● unchanged vs 04-2026highest value06-2026: 7.2%● unchanged vs 05-2026highest value07-2026: 6.3%▼ -0.9 percentage points vs 06-202608-2026: 6.3%● unchanged vs 07-202609-2026: 6.3%● unchanged vs 08-202610-2026: 6.3%● unchanged vs 09-2026
This company filed its last 7 accounts on average 3 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 8 July (4 of the last 5 filed years within 30 days of that day).