Financials
- Fiscal year
- 2025
- Total assets
- €1.8m
- Profit
- €4,934
- Solvency
- 29.8%
Total assets▲ 4.6%
Net result
20182025
V.H.E.B. IMMO
ActiveSummary
V.H.E.B. IMMO has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €550,654 and a net result of €4,934. Equity is shrinking by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 50% of 15312 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Development of residential building projects
NACE 68121Real estate development NACE 41101
1 site
Size
€1.8mtotal assets 2025
- Equity
- €550,654
- Profit
- €4,934
Structure
Accounts filed 61 d late0 of 4 deeds read
Why 89- Latest accounts 61 days late; 1 of the last 3 late+ Size: total assets €1.8m+ Founded in 1988+ Figures for FY 2025 (filed 30-09-2026)Show the evidence
Checked score
Score 2025
89
/ 100
Excellent
Probability in this band: under 0.55%
Better than 37% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
55-5
equity 29.8% of total assets
Liquidity
35-3
short-term debt 38.2% · cash 2.0%
Profitability
38-30
return on assets 0.3%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 14 months
09-2025: 0.4%
10-2025: 0.6%▲ +52.0% vs 09-2025
11-2025: 0.7%▲ +16.7% vs 10-2025
12-2025: 0.9%▲ +30.3% vs 11-2025
01-2026: 1.8%▲ +103% vs 12-2025
02-2026: 1.8%● 0.0% vs 01-2026
03-2026: 1.8%▲ +1.6% vs 02-2026
04-2026: 1.6%▼ -10.4% vs 03-2026
05-2026: 1.6%● 0.0% vs 04-2026
06-2026: 1.6%● 0.0% vs 05-2026
07-2026: 1.6%● 0.0% vs 06-2026
08-2026: 2.4%▲ +48.5% vs 07-2026
09-2026: 2.7%▲ +11.5% vs 08-2026highest value
10-2026: 0.2%▼ -94.4% vs 09-2026lowest value
- Size: total assets €1.8m lowers the probability for this profile
- Latest accounts 61 days late; 1 of the last 3 late raises the probability
- Founded in 1988 lowers the probability for this profile
- Figures for FY 2025 (filed 30-09-2026) lowers the probability
Credit up to €45,000 at 30 days acceptable
Liquidity short (current ratio 0.21 against 0.21 in 2023; short-term debt: 38.2% and cash: 2% of total assets), and 70.2% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 49%, liquidity 28%, profitability 33%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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
61 d late
2023
26 d late
2022
30 d late
2021
61 d late
2020
27 d late
2019
89 d late
2018
5 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 41 days after the deadline; the sector median for financial year 2023 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 August (5 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Back to profitnet €4,934
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- Next accounts
- by 31-07-2027
- 30-09-2026Annual accounts filed
- 31-12-2025Back to profit
- 26-08-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Development of residential building projectsNACE 68121
- Founded
- 25-03-1988
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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