VH Process Engineering
ActiveSummary
VH Process Engineering has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €59,311 and a net result of €55,311. Its solvency ranks better than 71% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes
Profitability100
Solvency99
Growth-
Track record67
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 3.68; short-term debt: 26.1% and cash: 65.4% of total assets), and 26.1% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2024
56 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 56 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark Roughly what is this company worth?Value indication What held for this company on a given day: board, seat, name?Company as of a date
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€59,311
Total assets
€80,259
Net result
€55,311
Working capital
€56,166
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €80,259
Fixed assets
€3,145
Current assets
€77,114
Equity and liabilities €80,259
Equity
€59,311
Debt
€20,948
Debt finances 26.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€69,705
Cash flow
€55,674
Current ratio
3.68
Debt to equity
0.35
ROE
93.3%
ROA
68.9%
Interest coverage
2275.72
Debt ≤ 1 year
€20,948
Income taxes
€14,000
Annual accounts
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €363 |
| Other operating charges640/8 | €161 |
| Gross operating margin9900 | €69,866 |
| Operating profit (loss)9901 | €69,342 |
| Financial charges65/66B | €31 |
| Recurring financial charges65 | €31 |
| Profit (loss) for the period before taxes9903 | €69,311 |
| Income taxes67/77 | €14,000 |
| Profit (loss) for the period9904 | €55,311 |
| Profit (loss) for the period to be appropriated9905 | €55,311 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €80,259 | |
| Fixed assets21/28 | €3,145 | |
| Tangible fixed assets22/27 | €3,145 | |
| Furniture and vehicles24 | €3,145 | |
| Current assets29/58 | €77,114 | |
| Amounts receivable within one year40/41 | €24,200 | |
| Trade receivables40 | €24,200 | |
| Cash at bank and in hand54/58 | €52,482 | |
| Deferred charges and accrued income490/1 | €432 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €80,259 | |
| Equity10/15 | €59,311 | |
| Contributions10/11 | €4,000 | |
| Profit (loss) carried forward14 | €55,311 | |
| Amounts payable17/49 | €20,948 | |
| Amounts payable within one year42/48 | €20,948 | |
| Trade debts44 | €363 | |
| Suppliers440/4 | €363 | |
| Taxes, remuneration and social security45 | €20,378 | |
| Taxes450/3 | €20,378 | |
| Other amounts payable47/48 | €207 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €55,311 |
| + Depreciation and write-downs630 | €363 |
| Operating cash flow (approximation) | €55,674 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Leuven · 1 establishment unit since 2024
Ground area
221 m²
Building footprint
104 m²
Volume, LiDAR
580 m³
Parcel 24433E0265/00W003, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VH Process Engineering
since 20242.357.892.430
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24433E0265/00W003 | Flanders | 221 m² | 1 · 104 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
Legal Entity Identifier
64888GG9V8N89M36JP54
Similar companies · same sector, comparable size
Material Mastery
BE 0774.514.910
Gent · Eq €59,296
HUMBLET-TEC
BE 0844.658.083
Gesves · Eq €59,291
NAVIER
BE 1023.169.856
Jodoigne · Eq €59,271
Biltema
BE 0745.462.321
Tongeren-Borgloon · Eq €59,236
Romico Energy
BE 0805.087.231
Ranst · Eq €59,233
Of 11,571 companies in sector 71121 we hold annual accounts for 6,563. 5,009 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-03-2024
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.