VAN HOE PRODUCTS
ActiveVAN HOE PRODUCTS has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €574k and a net result of €-26k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 75% of 4827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
22
/ 100
Critical▼ -13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency73=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.77 against 0.8 in 2024), and 31.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.4%
Return on assets
-3.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€26k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
22 d early
2023
21 d early
2022
18 d early
2021
18 d early
2020
36 d early
2019
24 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-26k▼ 81.6%
2024 · €-14k
2018: €-14k
2019: €-5k
2020: €16k
2021: €20k
2022: €24k
2023: €-7k
2024: €-14k
2018 → 2025
Working capital
€-39k▼ 6.0%
2024 · €-37k
2018: €-37k
2019: €-45k
2020: €-26k
2021: €-3k
2022: €26k
2023: €-16k
2024: €-37k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€597k-€621k▲ 4.1%€615k▼ 1.1%€600k▼ 2.3%€574k▼ 4.4%
Operating result€31k-€36k▲ 14.9%€11k▼ 70.5%€3k▼ 67.6%€-12k
Net result€20k-€24k▲ 19.6%€-7k€-14k▼ 115%€-26k▼ 81.6%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12k after €3k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €839k
Fixed assets
€711k▼ 3.9%
Current assets
€128k▼ 13.1%
Equity and liabilities €839k
Equity
€574k▼ 4.4%
Debt
€265k▼ 7.7%
The debt ratio falls from 32.4% to 31.6%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€17k▼
2024 · €32k
Cash flow
€3k▼
2024 · €14k
Solvency
68.4%▲
2024 · 67.6%
Current ratio
0.77▼
2024 · 0.80
Quick ratio
0.09▼
2024 · 0.17
Debt / equity
0.46▼
2024 · 0.48
ROE
-4.6%▼
2024 · -2.4%
ROA
-3.1%▼
2024 · -1.6%
Interest coverage
1.19▼
2024 · 1.81
Debt
€265k▼
2024 · €287k
Debt ≤ 1 year
€168k▼
2024 · €185k
Debt > 1 year
€90k▼
2024 · €95k
Income taxes
€15▼
2024 · €18
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€888k€839k▼
Fixed assets21/28€740k€711k▼
Tangible fixed assets22/27€529k€500k▼
Land and buildings22€483k€460k▼
Plant, machinery and equipment23€46k€41k▼
Furniture and vehicles24€183-
Financial fixed assets28€211k€211k=
Current assets29/58€148k€128k▼
Stocks and contracts in progress3€117k€113k▼
Stocks30/36€117k€113k▼
Amounts receivable within one year40/41€7k€7k▼
Trade receivables40€7k€7k▼
Other amounts receivable41-€18
Cash at bank and in hand54/58€24k€8k▼
Equity and liabilities
Total equity and liabilities10/49€888k€839k▼
Equity10/15€600k€574k▼
Contributions10/11€650k€650k=
Capital10€650k€650k=
Issued capital100€650k€650k=
Profit (loss) carried forward14€-50k€-76k▼
Amounts payable17/49€287k€265k▼
Amounts payable after more than one year17€95k€90k▼
Financial debts170/4€95k€90k▼
Amounts payable within one year42/48€185k€168k▼
Current portion of amounts payable after more than one year42€35k€5k▼
Financial debts43€140k€140k=
Credit institutions430/8€140k€140k=
Trade debts44€4k€17k▲
Suppliers440/4€4k€17k▲
Taxes, remuneration and social security45€6k€5k▼
Taxes450/3€6k€5k▼
Other amounts payable47/48€26-
Accrued charges and deferred income492/3€7k€8k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€29k▲
Other operating charges640/8€8k€8k▲
Gross operating margin9900€41k€25k▼
Operating profit (loss)9901€3k€-12k▼
Financial income75/76B€61€129▲
Recurring financial income75€61€129▲
Financial charges65/66B€18k€14k▼
Recurring financial charges65€18k€14k▼
Profit (loss) for the period before taxes9903€-14k€-26k▼
Income taxes67/77€18€15▼
Profit (loss) for the period9904€-14k€-26k▼
Profit (loss) for the period to be appropriated9905€-14k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-50k€-76k▼
Profit (loss) brought forward from the previous period14P€-35k€-50k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €24k ▲19.6%
Operating result €36k, net result €24k, both a record.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Oudenaarde · 1 establishment unit since 1997
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.
Gentstraat 288B9700 OudenaardeGround area
620 m²
Building footprint
82 m²
Volume, LiDAR
502 m³
Parcel 45502B0702/00V003, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gentstraat 288, 9700 Oudenaarde
since 19972.082.887.037
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45502B0702/00V003 | Flanders | 620 m² | 1 · 82 m² | 9.1 m · 2 fl. |
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
Food safety, FASFC
1 siteOudenaarde2.082.887.037
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Of 751 companies in sector 46321 we hold annual accounts for 548. 426 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-06-1997
Fiscal year end31-12
Activities, NACEBEL
46321Wholesale of meat and meat products, excluding game and poultry
51321
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.