Equity
-€72,171
Debts exceed assets in financial year 2025.
VanHills Projects
Lifetime
2 annual accounts with figures on one time axispeak €14,187 (2024)
-€67,234▼ €81,421
lowest -€73,171 (2025)
-€73,171▼ €74,773
peak €1,000 (2024)
-€72,171▼ €73,171
€83,507▼ 37.0%
Board2 names since 2023
2 directorsLEIRS Hilde Ivonne Marcel and 1 other
Documentsfilings and deeds
29-01-20262 days before the deadline
2025micro format
Gross margin from €14,187 to -€67,234Loss of €73,171Equity from €1,000 to -€72,171Debts from €132,503 to €83,507
Key points
from the 2025 annual accountsResult
-€73,171 -€73,171
From profit to loss in 2025, after a profit of €1,601 in 2024.
Debts
€83,507 737% of the balance sheet
Suppliers 10%Taxes and wages 22%Other 68%
Liquidity
0.08 was 1.01 in 2024
Short-term debts fell from €125,446 to €83,507.
Starting capital
€1,000 100 shares
Position in the sector
-636.7%
Lower solvency than 95% of companies in retail trade. Sector median 33.1% · 22,917 companies.
Turnover not published (micro format)
Checked score
53
Fair
Financially stronger than 12% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,271 companies (NACE 47, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.9%
01-2025: 2.9%● unchanged vs 12-2024
02-2025: 2.8%▼ -0.1 percentage points vs 01-2025
03-2025: 2.8%● unchanged vs 02-2025
04-2025: 2.9%▲ +0.1 percentage points vs 03-2025
05-2025: 3.0%▲ +0.1 percentage points vs 04-2025
06-2025: 3.0%● unchanged vs 05-2025
07-2025: 3.0%● unchanged vs 06-2025
08-2025: 3.0%● unchanged vs 07-2025
09-2025: 3.0%● unchanged vs 08-2025
10-2025: 3.1%▲ +0.1 percentage points vs 09-2025highest value
11-2025: 3.0%▼ -0.1 percentage points vs 10-2025
12-2025: 2.8%▼ -0.2 percentage points vs 11-2025
01-2026: 2.7%▼ -0.1 percentage points vs 12-2025
02-2026: 1.5%▼ -1.2 percentage points vs 01-2026
03-2026: 1.5%● unchanged vs 02-2026
04-2026: 1.5%● unchanged vs 03-2026
05-2026: 1.5%● unchanged vs 04-2026
06-2026: 1.5%● unchanged vs 05-2026
07-2026: 1.5%● unchanged vs 06-2026
08-2026: 1.5%● unchanged vs 07-2026lowest value
09-2026: 1.5%● unchanged vs 08-2026lowest value
10-2026: 1.5%● unchanged vs 09-2026
11-2026: 1.5%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€72,171
Founded in 2023
lowers risk
Size: total assets €11,335
Liquidity: current ratio 0.08, cash €3,462
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 47, micro). It does better than 6% of them on solvency, 36% on liquidity, 6% on profitability and 1% on growth.
The bankruptcy probability was computed on 08-11-2026 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 moderate class on 30-06-2025, 2.4% 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, 7,639 companies had the same profile as VanHills Projects has now. Each dot stands for 20 companies, two years later.
84.8%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of VanHills Projects itself is lower: 1.5% within 12 months. It rests on far more data about VanHills Projects than the profile alone.
Test of the method
The method was tested on the 497,447 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 7,639 companies, not a prediction for VanHills Projects. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.08 (1.01 in 2024), below 1. Short-term debt is 736.7% and cash 30.5% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€72,171
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 29-01-2026, 2 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
2 days early
2024
14 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 6 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 end09-11-2026 today31-01-2027 deadline
Board and ownership
- VAN UFFEL Werner François 50 sharesdeed of 03-05-2023
- LEIRS Hilde Ivonne Marcel 50 sharesdeed of 03-05-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0801282851
Incorporation
Founding capital of €1,000, 100 shares · Founders: VAN UFFEL Werner François and LEIRS Hilde Ivonne Marcel · Appointments: VAN UFFEL Werner François (director) and LEIRS Hilde Ivonne Marcel (director) · published on 03-05-2023 · Gazette deed
First establishment
Mechelsestraat 119, Westerlo
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VanHills Projects Westerlo | €11,335 | -€67,234 | -636.7% | - |
| JAMAIS DEUX SANS TOI Evere | €10,352 | €98 | -439.7% | - |
| KRISTINA Lint | €11,006 | €1,054 | -227.2% | - |
| MODERN MANBO Brussels | €10,513 | -€2,088 | 24.6% | - |
| YOUS AND CO Anderlecht | €13,607 | -€852 | -77.4% | - |
| MODA MAYIS Heusden-Zolder | €14,342 | -€7,538 | -60.4% | - |
| MY SERIAL Wavre | €11,472 | -€5,388 | -125.9% | - |
These companies have the same main activity as VanHills Projects: retail sale of women's outerwear (NACE 47711). They are comparable in size and age: total assets between €10,400 and €14,300, founded between 2021 and 2024.
Official details
Source: KBO- Status
- Active since 28-04-2023Normal situation
- Activity
- Retail sale of women's outerwearNACE 47711and 5 others
- Establishment unit
- 2.344.816.2362260 Westerlo, since 28-04-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 23-12-2025
Annual accounts to 30-06-2025
- €11,335▼ 91.5%
- Filing
- Filed on 29-01-2026, 2 days before the end of the filing period
Insights on VanHills Projects
The computed 12-month bankruptcy probability of VanHills Projects is 1.5% (moderate). The 2025 annual accounts show negative equity (-€72,171) and a net result of -€73,171.
Its solvency ranks better than 5% of 22,917 sector peers (NACE 47, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
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 VanHills Projects
- What is the company number of VanHills Projects?
- The company number of VanHills Projects is 0801.282.851. The VAT number is the same number with BE in front: BE 0801.282.851.
- Where is VanHills Projects based?
- The registered office is at Mechelsestraat 119, 2260 Westerlo.Company details
- What does VanHills Projects do?
- According to the KBO register, the main activity is retail sale of women's outerwear (NACE 47711).
- What is the legal form of VanHills Projects?
- VanHills Projects is a private limited company (BV).
- When was VanHills Projects founded?
- VanHills Projects was founded on 28-04-2023.
- Is VanHills Projects still active?
- Yes, VanHills Projects is an active enterprise in the KBO register.
- What is the turnover of VanHills Projects?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is VanHills Projects profitable?
- In financial year 2025, VanHills Projects made a loss of €73,171.
- Where can I find the annual accounts of VanHills Projects?
- VanHills Projects filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VanHills Projects due?
- VanHills Projects must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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