V.H.V.
ActiveV.H.V. has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €260k and a net result of €12k. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 998 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
86
/ 100
Excellent▲ +11 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability24▲+2
Solvency100=
Growth71▲+17
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 15.91 against 14.93 in 2023), and 6.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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
60 d late
2023
26 d late
2022
49 d early
2021
17 d late
2020
31 d late
2019
103 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€170k▼ 28.1%
2022 · €237k
2018: €121k
2019: €107k
2020: €150k
2021: €180k
2022: €237k
2018 → 2023
EBIT margin
4.6%▼ 39.4pp
2022 · 44.1%
2018: 9.7%
2019: 2.9%
2020: 22.1%
2021: 29.8%
2022: 44.1%
2018 → 2023
Net result
€12k▲ 214%
2023 · €4k
2018: €5k
2019: €3k
2020: €28k
2021: €35k
2022: €69k
2023: €4k
2018 → 2024
Working capital
€260k▲ 5.0%
2023 · €247k
2018: €142k
2019: €145k
2020: €173k
2021: €199k
2022: €248k
2023: €247k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€150k-€180k▲ 20.0%€237k▲ 31.4%€170k▼ 28.1%
Equity€173k-€199k▲ 14.9%€248k▲ 24.7%€247k▼ 0.3%€260k▲ 5.0%
Operating result€33k-€54k▲ 61.9%€104k▲ 94.1%€8k▼ 92.4%€19k▲ 136%
Net result€28k-€35k▲ 24.9%€69k▲ 97.0%€4k▼ 94.3%€12k▲ 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 136% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €277k
Equity
€260k▲ 5.0%
Debt
€17k▼ 1.9%
The debt ratio falls from 6.7% to 6.3%: equity grows while debt is paid down.
Key figures and ratios
Solvency
93.7%▲
2023 · 93.3%
Current ratio
15.91▲
2023 · 14.93
Quick ratio
15.91▲
2023 · 14.93
Debt / equity
0.07▼
2023 · 0.07
ROE
4.8%▲
2023 · 1.6%
ROA
4.5%▲
2023 · 1.5%
Debt
€17k▼
2023 · €18k
Debt ≤ 1 year
€17k▼
2023 · €18k
Income taxes
€5k▲
2023 · €4k
Staff costs
€18k▼
2023 · €63k
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€265k€277k▲
Current assets29/58€265k€277k▲
Amounts receivable within one year40/41€130k€270k▲
Trade receivables40€111k€226k▲
Other amounts receivable41€19k€44k▲
Cash at bank and in hand54/58€135k€7k▼
Equity and liabilities
Total equity and liabilities10/49€265k€277k▲
Equity10/15€247k€260k▲
Contributions10/11€93k€93k=
Reserves13€154k€167k▲
Non-distributable reserves130/1€9k€9k=
Other1319€9k€9k=
Distributable reserves133€145k€157k▲
Amounts payable17/49€18k€17k▼
Amounts payable within one year42/48€18k€17k▼
Trade debts44€2k€57▼
Suppliers440/4€2k€57▼
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Other amounts payable47/48€13k€14k▲
Income statement
Code20232024
Turnover70€170k-
Goods, raw materials, services and sundry goods60/61€98k-
Remuneration, social security and pensions62€63k€18k▼
Other operating charges640/8€1k€688▼
Gross operating margin9900€72k€38k▼
Operating profit (loss)9901€8k€19k▲
Financial income75/76B€24-
Recurring financial income75€24-
Financial charges65/66B€460€1k▲
Recurring financial charges65€460€398▼
Non-recurring financial charges66B-€766
Profit (loss) for the period before taxes9903€7k€17k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€4k€12k▲
Profit (loss) for the period to be appropriated9905€4k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€12k▲
Transfer from equity791/2€5k-
Transfer to equity691/2€4k€12k▲
To other reserves6921€4k€12k▲
Profit to be distributed694/7€5k-
Return on contributions (dividend)694€5k-
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 14.93
Current ratio from 7.12 to 14.93; short-term debt falls from €40k to €18k.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €69k ▲97%
Operating result €104k, net result €69k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 7.12
Current ratio from 2.30 to 7.12; short-term debt falls from €152k to €40k.
31-12
Financial
Equity above €200kEq €248k ▲24.7%
5 profitable years in a row build equity to €248k.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €150kEq €173k ▲19.2%
3 profitable years in a row build equity to €173k.
11-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 103 days late
2019
31-12
Financial
Weakest financial yearnet €3k ▼40.8%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 75 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 89 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Tielt · 1 establishment unit since 1991
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.
Klokkestraat 258700 TieltGround area
737 m²
Building footprint
141 m²
Parcel 37013B0568/00X000, Flanders. Linked by address, not a title deed.
1 establishment unit
V.H.V.
since 19912.051.235.244
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37013B0568/00X000 | Flanders | 737 m² | 1 · 141 m² | - |
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.
Recognitions · licences · registrations
Recognised contractor
10 categoriesV.H.V. CVBA24680
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BERNARD OCKIER
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Of 2,316 companies in sector 42110 we hold annual accounts for 1,088. 791 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded15-01-1991
Fiscal year end31-12
Activities, NACEBEL
42110Construction of roads and motorways
45230
78100Employment placement agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.