Financials
- Financial year
- 2025
- Total assets
- €83,474
- Profit
- €28,845
- Solvency
- 64.2%
Total assets▲ 59.0%
Net result
20242025
Van Hevele Glenn
ActiveSummary
The computed 12-month bankruptcy probability of Van Hevele Glenn is 1.8% (moderate). The 2025 annual accounts show equity of €53,585 and a net result of €28,845. Its solvency ranks better than 69% of 34,699 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Site preparation
NACE 43120
1 site
Size
€83,474total assets 2025
- Equity
- €53,585
- Profit
- €28,845
Turnover not published (micro format)
Why 57raises riskFounded in 20231 change of registered office in 24 monthsSize: total assets €83,474lowers riskLiquidity: current ratio 3.88, cash €18,379Show the evidence
Checked score
Score 2025
57
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 81% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency
89+17
equity 64.2% of total assets
Liquidity
71+9
short-term debt 20.1% · cash 22.0%
Profitability
100=
return on assets 34.6%
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%lowest value
01-2025: 0.7%● unchanged vs 12-2024lowest value
02-2025: 0.7%● unchanged vs 01-2025lowest value
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.8%▲ +0.1 percentage points vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 0.8%● unchanged vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.9%▲ +0.1 percentage points vs 09-2025
11-2025: 2.0%▲ +1.1 percentage points vs 10-2025highest value
12-2025: 1.9%▼ -0.1 percentage points vs 11-2025
01-2026: 1.2%▼ -0.7 percentage points vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.2%● unchanged vs 02-2026
04-2026: 1.2%● unchanged vs 03-2026
05-2026: 1.2%● unchanged vs 04-2026
06-2026: 1.2%● unchanged vs 05-2026
07-2026: 1.2%● unchanged vs 06-2026
08-2026: 1.2%● unchanged vs 07-2026
09-2026: 1.2%● unchanged vs 08-2026
10-2026: 1.8%▲ +0.6 percentage points vs 09-2026
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.88, compared with 1.16 in 2024, above the usual 1.5; short-term debt: 20.1% and cash: 22% of total assets), and 35.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 70% on solvency, 70% on liquidity, 92% on profitability and 92% on growth.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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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 19-12-2025, 43 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
43 days early
2024
67 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 55 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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.
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end25-10-2026 today31-01-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Registered officeRegistered-office move · Member of…
- Liquidity more than triplescurrent ratio 3.88
Key points
By topic
Board & ownership
- Board
- 1 member
- VAN HEVELE GlennDirector
Timeline
- Events
- 5
- Since
- 2023
- Next accounts
- by 31-01-2027
- 25-11-2024Annual accounts filed
- 10-11-2023Incorporation
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Site preparationNACE 43120
- Founded
- 08-11-2023
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 58
- Annual meeting
- 20 December at 19:00
- Purpose
- “Het (onder)aannemen en uitvoeren of laten uitvoeren van algemene bouwwerken waaronder…” (deed in Dutch)
Key facts about Van Hevele Glenn
- What is the company number of Van Hevele Glenn?
- 1002.049.887. In Belgium the VAT number is the company number with BE in front: BE 1002.049.887.
- Where is Van Hevele Glenn based?
- The registered office is at Zandstraat 39, 8490 Jabbeke.Company details
- What does Van Hevele Glenn do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of Van Hevele Glenn?
- Private limited company (BV).
- When was Van Hevele Glenn founded?
- On 08-11-2023.
- Is Van Hevele Glenn still active?
- Yes, Van Hevele Glenn is an active enterprise in the KBO register.
- What is the turnover of Van Hevele Glenn?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is Van Hevele Glenn profitable?
- In financial year 2025, Van Hevele Glenn made a profit of €28,845.
- Where can I find the annual accounts of Van Hevele Glenn?
- Van Hevele Glenn filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Van Hevele Glenn due?
- By 31-01-2027, for financial year 2026.Timeline
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