VHH
ActiveVHH has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €75k and a net result of €62k. Its solvency ranks better than 19% of 1632 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▲+38
Solvency41▲+13
Growth78
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.15 against 0.0 in 2023; short-term debt: 84.2% and cash: 11.8% of total assets), and 84.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
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 · 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 2024Solvency, return and age of the figures
Solvency
15.8%
Return on assets
13.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1632 sector peers (2024).
NBB · sector comparisonPosition among 1632 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
55 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€75k▲ 478%
2023 · €13k
2023: €13k
2023 → 2024
Total assets
€472k▲ 14.6%
2023 · €411k
2023: €411k
2023 → 2024
Net result
€62k
2023 · €-8k
2023: €-8k
2023 → 2024
Working capital
€-337k▲ 15.5%
2023 · €-398k
2023: €-398k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€13k-€75k▲ 478%
Operating result€-8k-€79k
Net result€-8k-€62k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €79k after a loss of €8k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €472k
Fixed assets
€411k=
Current assets
€60k▲ 65,205%
Equity and liabilities €472k
Equity
€75k▲ 478%
Debt
€397k▼ 0.4%
The debt ratio falls from 96.9% to 84.2%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
15.8%▲
2023 · 3.1%
Current ratio
0.15▲
2023 · 0.00
Quick ratio
0.15▲
2023 · 0.00
Debt / equity
5.31▼
2023 · 30.83
ROE
82.7%▲
2023 · -63.9%
ROA
13.1%▲
2023 · -2.0%
Debt
€397k▼
2023 · €399k
Debt ≤ 1 year
€397k▼
2023 · €399k
Income taxes
€17k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€411k€472k▲
Fixed assets21/28€411k€411k=
Financial fixed assets28€411k€411k=
Current assets29/58€92€60k▲
Amounts receivable within one year40/41-€4k
Trade receivables40-€4k
Cash at bank and in hand54/58€92€56k▲
Equity and liabilities
Total equity and liabilities10/49€411k€472k▲
Equity10/15€13k€75k▲
Contributions10/11€35k€35k=
Reserves13-€40k
Distributable reserves133-€40k
Profit (loss) carried forward14€-22k€0▲
Amounts payable17/49€399k€397k▼
Amounts payable within one year42/48€399k€397k▼
Taxes, remuneration and social security45-€8k
Taxes450/3-€8k
Other amounts payable47/48€399k€388k▼
Income statement
Code20232024
Other operating charges640/8€516€528▲
Gross operating margin9900€-8k€79k▲
Operating profit (loss)9901€-8k€79k▲
Financial charges65/66B€42€42=
Recurring financial charges65€42€42=
Profit (loss) for the period before taxes9903€-8k€79k▲
Income taxes67/77-€17k
Profit (loss) for the period9904€-8k€62k▲
Profit (loss) for the period to be appropriated9905€-8k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€40k▲
Profit (loss) brought forward from the previous period14P€-14k€-22k▼
Transfer to equity691/2-€40k
To other reserves6921-€40k
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
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €62k
Net result €62k after one loss-making year.
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro 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, Wortegem-Petegem · 1 establishment unit since 2010
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.
Deinzestraat(O.) 769790 Wortegem-PetegemGround area
959 m²
Building footprint
225 m²
Volume, LiDAR
1,091 m³
Parcel 45025C1099/00G000, Flanders · tallest building 9.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VHH
since 20102.194.132.773
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45025C1099/00G000 | Flanders | 959 m² | 1 · 225 m² | 9.8 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.
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NDM Projects
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Daenen Mécanique
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PMIC Solutions
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Of 3,716 companies in sector 33120 we hold annual accounts for 1,341. 1,096 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-07-2010
Fiscal year end31-12
Activities, NACEBEL
33120Repair and maintenance of machinery
25530Machining of metals
46643Wholesale of electrical equipment, including installation materials
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.