VANHOVE
ActiveVANHOVE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-139k) and a net result of €-31k. Equity is shrinking by ~59.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 1885 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
17
/ 100
Critical▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency35▼-1
Growth32=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.56 against 0.63 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-77.5%
Return on assets
-17.2%
Age of the figures
14 mo
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 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€139k
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 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
4 d early
2023
4 d early
2022
19 d early
2021
on the day
2020
2 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-139k▼ 28.4%
2024 · €-109k
2019: €234k
2020: €150k
2021: €96k
2022: €-24k
2023: €-84k
2024: €-109k
2019 → 2025
Total assets
€180k▼ 2.5%
2024 · €184k
2019: €361k
2020: €285k
2021: €301k
2022: €238k
2023: €200k
2024: €184k
2019 → 2025
Net result
€-31k▼ 24.1%
2024 · €-25k
2019: €126k
2020: €-84k
2021: €-54k
2022: €-120k
2023: €-60k
2024: €-25k
2019 → 2025
Working capital
€-139k▼ 28.4%
2024 · €-109k
2019: €221k
2020: €143k
2021: €107k
2022: €-12k
2023: €-84k
2024: €-109k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€96k-€-24k€-84k▼ 256%€-109k▼ 29.7%€-139k▼ 28.4%
Operating result€-53k-€-120k▼ 125%€-60k▲ 49.9%€-25k▲ 58.9%€-31k▼ 24.3%
Net result€-54k-€-120k▼ 124%€-60k▲ 49.8%€-25k▲ 58.7%€-31k▼ 24.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €31k in 2025 against €25k in 2024; the loss grows.
Key figures and ratios
Solvency
-77.5%▼
2024 · -58.9%
Current ratio
0.56▼
2024 · 0.63
Quick ratio
0.20▼
2024 · 0.23
Debt / equity
-2.29▲
2024 · -2.70
ROE
22.1%▼
2024 · 22.9%
ROA
-17.2%▼
2024 · -13.5%
Debt
€319k▲
2024 · €293k
Debt ≤ 1 year
€319k▲
2024 · €293k
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€184k€180k▼
Current assets29/58€184k€180k▼
Stocks and contracts in progress3€117k€117k=
Stocks30/36€117k€117k=
Amounts receivable within one year40/41€62k€58k▼
Trade receivables40€60k€58k▼
Other amounts receivable41€2k€209▼
Cash at bank and in hand54/58€3k€2k▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€184k€180k▼
Equity10/15€-109k€-139k▼
Contributions10/11€19k€19k=
Reserves13€128k€128k=
Non-distributable reserves130/1€13k€13k=
Reserves not available under the articles1311€13k€13k=
Distributable reserves133€115k€115k=
Profit (loss) carried forward14€-255k€-286k▼
Amounts payable17/49€293k€319k▲
Amounts payable within one year42/48€293k€319k▲
Trade debts44€616€5k▲
Suppliers440/4€616€5k▲
Other amounts payable47/48€293k€314k▲
Income statement
Code20242025
Other operating charges640/8€2k€3k▲
Gross operating margin9900€-23k€-27k▼
Operating profit (loss)9901€-25k€-31k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€235€238▲
Recurring financial charges65€235€238▲
Profit (loss) for the period before taxes9903€-25k€-31k▼
Profit (loss) for the period9904€-25k€-31k▼
Profit (loss) for the period to be appropriated9905€-25k€-31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-255k€-286k▼
Profit (loss) brought forward from the previous period14P€-230k€-255k▼
The notes to these accounts (3 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
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-120k
Net result drops to €-120k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
13-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
07-12
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, Diksmuide · 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.
Pervijzestraat 678600 DiksmuideGround area
4,577 m²
Building footprint
323 m²
Volume, LiDAR
1,337 m³
Parcel 32012A0269/00G000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Pervijzestraat(PVS) 67, 8600 Diksmuide
since 19912.051.052.924
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32012A0269/00G000 | Flanders | 4,577 m² | 1 · 323 m² | 6.6 m · 1 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.
Similar companies · same sector, comparable size
O.C.C.M.
BE 0826.781.082
Drogenbos · Eq €96k
VANGENEUGDEN PROJECTS
BE 0726.379.055
Genk · Eq €97k
SINOX
BE 0563.707.481
Bernissart · Eq €96k
FAST METAL PROJECTS
BE 0823.055.391
Nazareth-De Pinte · Eq €96k
MONTAGE HULP SIMONS
BE 0875.791.620
Pelt · Eq €97k
Of 3,964 companies in sector 25110 we hold annual accounts for 2,133. 1,607 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-12-1990
Fiscal year end30-06
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
28110
29322
33120Repair and maintenance of machinery
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.