V&H GROUP
The computed 12-month bankruptcy probability of V&H GROUP is 8.7% (elevated). The 2024 annual accounts show negative equity (€-12k) and a net result of €1k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 425 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
| Equity | €-12k |
| Net result | €1k |
| Better than sector | 10% |
| Active | 5 yrs |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -23.8% | 30.3% | |
| Net result | €1k | €7k | |
| Equity | €-12k | €24k | |
| Gross operating margin | €5k | €35k | |
| Total assets | €51k | €100k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €4k |
| Net profit | €1k |
| Cash flow | €4k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €51k |
| Equity | €-12k |
| Debt | €63k |
| of which ≤ 1y | €23k |
| of which > 1y | €40k |
| Working capital | €22k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.95 |
| Quick ratio | 0.21 |
| Working capital ratio | 43.0% |
| Solvency | -23.8% |
| Debt / equity | -5.19 |
| Long-term debt ratio | -3.29 |
| Interest coverage | 50.69 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.1% |
| ROE | -9.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €51k |
| Fixed assets | 21/28 | €6k |
| Tangible fixed assets | 22/27 | €897 |
| Financial fixed assets | 28 | €5k |
| Current assets | 29/58 | €45k |
| Stocks & contracts in progress | 3 | €40k |
| Cash & bank | 54/58 | €4k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €51k |
| Equity | 10/15 | €-12k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €-14k |
| Amounts payable | 17/49 | €63k |
| Amounts payable after one year | 17 | €40k |
| Amounts payable within one year | 42/48 | €23k |
| Trade debts payable within one year | 44 | €18k |
| Income statement | ||
| Gross operating margin | 9900 | €5k |
| Operating result | 9901 | €1k |
| Financial income | 75 | €1 |
| Financial charges | 65 | €85 |
| Result before taxes | 9903 | €1k |
| Net result for the period | 9904 | €1k |
| Result to be appropriated | 9905 | €1k |
| NACE primary | 52210 |
| Legal form | Private limited company(610) |
| Incorporation | 03-05-2021 |
| Status | Active |
| Postal code | 8500 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354C0198/00N000 | Flanders | 1,192 m² | 1 · 233 m² | 6.8 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
05-08-2026 Act object · Notarial deed · General meeting · Approval
- Act object: Vervroegde ontbinding en invereffeningstelling - sluiting van de vereffening · V&H GROUP
- Publication: 05/08/2026 · V&H GROUP
- Filing: 28/07/2026 · V&H GROUP
- Notarial deed: 05/05/2026 · V&H GROUP
- General meeting: 05/05/2026 · V&H GROUP
- Approval: verslagen · V&H GROUP
- Dissolution: date: 2026-05-05, type: vervroegde ontbinding · V&H GROUP
- Liquidation: date: 05/05/2026 · V&H GROUP
- Approval: jaarrekening · V&H GROUP
- Officer discharge · V&H GROUP
- Liquidation closure: 05/05/2026 · V&H GROUP
- Power of attorney: alle bevoegdheden om alle akten en processen-verbaal goed te keuren en te ondertekenen ... Kruispuntbank voor Ondernemingen ... vennootschapsbelastingen, B.T.W. en andere · HAKOBYAN Vahagn
Technical details
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"type": "act_object",
"quote": "Onderwerp akte: Vervroegde ontbinding en invereffeningstelling - sluiting van de vereffening",
"value": "Vervroegde ontbinding en invereffeningstelling - sluiting van de vereffening",
"object": null,
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},
{
"date": "2026-08-05",
"type": "publication",
"quote": "Bijlagen bij het Belgisch Staatsblad - 05/08/2026",
"value": "05/08/2026",
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},
{
"date": "2026-07-28",
"type": "filing",
"quote": "NEERLEGGING TER GRIFFIE ... 28 JULI 2026",
"value": "28/07/2026",
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},
{
"date": "2026-05-05",
"type": "notarial_deed",
"quote": "akte verleden voor Meester Pamela Carrette ... op 5 mei 2026",
"value": "05/05/2026",
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{
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"type": "general_meeting",
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"value": "05/05/2026",
"object": null,
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},
{
"type": "approval",
"quote": "EERSTE BESLISSING: GOEDKEURING VAN DE VERSLAGEN ... zij besluit zich aan te sluiten bij de conclusies",
"value": "verslagen",
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{
"date": "2026-05-05",
"type": "dissolution",
"quote": "TWEEDE BESLISSING: VERVROEGDE ONTBINDING ... besluit tot de vervroegde ontbinding ... te rekenen vanaf heden",
"value": {
"date": "2026-05-05",
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{
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{
"type": "approval",
"quote": "DERDE BESLISSING: GOEDKEURING VAN DE JAARREKENING ... keurt de vergadering eenparig de voormelde jaarrekening goed",
"value": "jaarrekening",
"object": null,
"subject": "e1"
},
{
"type": "officer_discharge",
"quote": "VIERDE BESLISSING: KWIJTING AAN DE BESTUURDERS ... verleent een bijzondere kwijting aan de bestuurders",
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"subject": "e1",
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{
"date": "2026-05-05",
"type": "liquidation_closure",
"quote": "VIJFDE BESLISSING: SLUITING VAN DE VEREFFENING ... beslist bijgevolg de vereffening te sluiten, en stelt vast dat de vennootschap definitief opgehouden heeft te bestaan",
"value": "05/05/2026",
"object": null,
"subject": "e1"
},
{
"type": "power_of_attorney",
"quote": "ZESDE BESLISSING: MACHTEN EN FORMALITEITEN ... verleent aan de heer HAKOBYAN Vahagn ... alle bevoegdheden",
"value": "alle bevoegdheden om alle akten en processen-verbaal goed te keuren en te ondertekenen ... Kruispuntbank voor Ondernemingen ... vennootschapsbelastingen, B.T.W. en andere",
"object": "e1",
"subject": "e3"
}
],
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},
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"id": "e2",
"kbo": null,
"kind": "person",
"name": "Pamela Carrette",
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}09-05-2025 Registered office moved from Leuven to Kortrijk
- Geldenaaksevest 2, 3000 Leuven → Elzenlaan(Kor) 35, 8500 Kortrijk
Technical details
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"pub_date": "2025-05-09",
"filing_date": "2025-02-01",
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},
"co_filed_documents": []
}16-02-2024 1 director appointed, 1 resigning
- Sargsyan Vahram, Bestuurder
- Hakobyan Vahagn, Bestuurder
Technical details
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{
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],
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"corrected_publication_numac": null
}20-10-2023 Registered office moved from Zonhoven to Leuven
- Beverzakstraat 30, 3520 Zonhoven → Geldenaaksevest 2, 3000 Leuven
Technical details
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"co_filed_documents": [
"Annexes du Moniteur bel",
"Bijlagen",
"Mod DOC 19.01"
]
}04-05-2023 Mandate of Martirosyan Hovhannes as director expired
- Martirosyan Hovhannes, Bestuurder
Technical details
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{
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],
"notary": {
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"office_city": "Antwerpen",
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},
"act_meta": {
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}01-04-2022 Registered office moved from Hechtel-Eksel to Zonhoven
- Peerderbaan 93 3940 Hechtel-Eksel → Beverzakstaat 30, 3520 Zonhoven
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | V&H GROUP |
- 03-01-2025 Address struck