Turnover
≈ €40,000 estimated
The micro format states no turnover.
V.T.H.
Lifetime
16 annual accounts with figures on one time axisGross marginpeak €41,077 (2018)
€10,769▼ 63.2%
Resultlowest -€4,601 (2014)
€1,615▲ €3,907
Equitypeak €13,273 (2023)
€12,596▲ 14.7%
Debts
€62,337▼ 31.1%
Staffpeak 1 FTE (2017)
-not published
Board1 name since 2024
-
Documentsfilings and deeds
26-12-202536 days before the deadline
2025micro format
Gross margin from €29,283 to €10,769Back to profit: €1,615Amendment of the articles · Legal-form change · Resignations… 13-01Equity from €10,981 to €12,596Debts from €90,490 to €62,337
Key points
from the 2025 annual accountsChecked score
83
Excellent
Financially stronger than 41% of micro companies in crop and animal production (NACE 01)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 5,692 companies (NACE 01, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.2%▲ +0.1 percentage points vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.4%▲ +0.2 percentage points vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026highest value
11-2026: 0.4%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 1.03
lowers risk
Size: total assets €74,933
Sector: Crop and animal production, hunting and related service activities (NACE 01)
Founded in 2009
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, micro). It does better than 31% of them on solvency, 17% on liquidity, 51% on profitability and 66% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,508 companies had the same profile as V.T.H. has now. Each dot stands for 12 companies, two years later.
96.9%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
That fits the bankruptcy probability of V.T.H. itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,508 companies, not a prediction for V.T.H.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.03 (1.0 in 2024), below the usual 1.5. Short-term debt is 73% of total assets. 83.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-12-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 days early
2024
29 days early
2023
37 days early
2022
41 days early
2021
67 days late
2020
22 days late
2019
17 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 26 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end05-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0816559757
Amendment of the articles · Legal-form change · Resignations & appointments
Change of role: VAN'T WESTEINDE Hubert Michel, from manager to director · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 30-12-2024 · Gazette deed
First establishment
Ferme-de-Hepnimont 1, Philippeville
Incorporation
published on 09-07-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| V.T.H. Philippeville | €74,933 | €10,769 | 16.8% | - |
| HOEVE DE BEK Tongeren-Borgloon | €57,072 | €8,576 | 76.1% | - |
| VANDEVELDE-SZKODA Zoutleeuw | €68,823 | €14,958 | 53.1% | - |
| BERNARD NEYNS Chaumont-Gistoux | €51,660 | €13,430 | -8.7% | - |
| STEFAN GRONSFELD Marche-en-Famenne | €68,507 | €18,095 | -167.2% | - |
| SOENENS LANDBOUWWERKEN Ingelmunster | €53,266 | €11,517 | 90.1% | - |
| Les Viviers d'Humérée Namur | €102,124 | €10,696 | -16.5% | - |
These companies have the same main activity as V.T.H.: support activities for crop production (NACE 01610). They are comparable in size and age: total assets between €51,700 and €102,000, founded between 2004 and 2014.
Official details
Source: KBO- Status
- Active since 19-06-2009Normal situation
- Activity
- Support activities for crop productionNACE 01610and 6 others
- Establishment unit
- 2.179.681.0605600 Philippeville, since 29-06-2009
- Financial year end
- 30 June
- Peppol
- Reachable since 08-01-2026
Annual accounts to 30-06-2025
- Total assets
- €74,933▼ 26.2%
- Filing
- Filed on 26-12-2025, 36 days before the end of the filing period
Insights on V.T.H.
V.T.H. files the micro format. That format states no turnover. The gross margin fell from €19,779 in 2010 to €10,769 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about V.T.H.
- What is the company number of V.T.H.?
- The company number of V.T.H. is 0816.559.757. The VAT number is the same number with BE in front: BE 0816.559.757.
- Where is V.T.H. based?
- The registered office is at Ferme-de-Hepnimont 1, 5600 Philippeville.Company details
- What does V.T.H. do?
- According to the KBO register, the main activity is support activities for crop production (NACE 01610).
- What is the legal form of V.T.H.?
- V.T.H. is a private limited company (BV).
- When was V.T.H. founded?
- V.T.H. was founded on 19-06-2009.
- Is V.T.H. still active?
- Yes, V.T.H. is an active enterprise in the KBO register.
- How many employees does V.T.H. have?
- V.T.H. had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of V.T.H.?
- The turnover in financial year 2025 is ≈ €40,000. This figure is estimated from the gross margin of €10,769 and 33 comparable companies (NACE 01). It probably lies between €19,000 and €92,000. It is a rough estimate.
- Is V.T.H. profitable?
- In financial year 2025, V.T.H. made a profit of €1,615.
- Where can I find the annual accounts of V.T.H.?
- V.T.H. filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of V.T.H. due?
- V.T.H. must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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