VOVABOUW
ActiveVOVABOUW has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €82k and a net result of €44k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▼-8
Solvency33▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.84 in 2023; short-term debt: 73.9% and cash: 57.8% of total assets), and 92.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 9716 sector peers (2024).
NBB · sector comparisonPosition among 9716 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
20 d late
2022
11 d late
2021
11 d late
2020
31 d early
2019
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€82k▲ 117%
2023 · €38k
2018: €-31k
2019: €-45k
2020: €-52k
2021: €-24k
2022: €-3k
2023: €38k
2018 → 2024
Total assets
€1.08M▲ 27.3%
2023 · €851k
2018: €174k
2019: €153k
2020: €513k
2021: €348k
2022: €383k
2023: €851k
2018 → 2024
Net result
€44k▲ 7.2%
2023 · €41k
2018: €11k
2019: €-14k
2020: €-7k
2021: €28k
2022: €20k
2023: €41k
2018 → 2024
Working capital
€-50k▲ 46.0%
2023 · €-93k
2018: €-31k
2019: €-45k
2020: €144k
2021: €-24k
2022: €-8k
2023: €-93k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-52k-€-24k▲ 54.5%€-3k▲ 86.1%€38k€82k▲ 117%
Operating result€-2k-€33k€25k▼ 25.5%€46k▲ 89.1%€88k▲ 88.6%
Net result€-7k-€28k€20k▼ 28.1%€41k▲ 102%€44k▲ 7.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 89% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.08M
Fixed assets
€333k▼ 10.7%
Current assets
€750k▲ 57.0%
Equity and liabilities €1.08M
Equity
€82k▲ 117%
Debt
€1.00M▲ 23.2%
The debt ratio falls from 95.5% to 92.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€137k▲
2023 · €67k
Cash flow
€93k▲
2023 · €62k
Solvency
7.6%▲
2023 · 4.5%
Current ratio
0.94▲
2023 · 0.84
Quick ratio
0.90▲
2023 · 0.41
Debt / equity
12.19▼
2023 · 21.42
ROE
53.8%▼
2023 · 108.7%
ROA
4.1%▼
2023 · 4.8%
Interest coverage
5.23▼
2023 · 8.81
Debt
€1.00M▲
2023 · €813k
Debt ≤ 1 year
€800k▲
2023 · €571k
Debt > 1 year
€201k▼
2023 · €242k
Income taxes
€18k
Staff costs
€115k▲
2023 · €66k
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€851k€1.08M▲
Fixed assets21/28€373k€333k▼
Tangible fixed assets22/27€373k€333k▼
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€369k€329k▼
Current assets29/58€478k€750k▲
Stocks and contracts in progress3€242k€32k▼
Stocks30/36€242k€32k▼
Amounts receivable within one year40/41€107k€74k▼
Trade receivables40€77k€72k▼
Other amounts receivable41€30k€3k▼
Cash at bank and in hand54/58€121k€626k▲
Deferred charges and accrued income490/1€9k€17k▲
Equity and liabilities
Total equity and liabilities10/49€851k€1.08M▲
Equity10/15€38k€82k▲
Contributions10/11€19k€19k=
Reserves13€19k€64k▲
Distributable reserves133€19k€64k▲
Amounts payable17/49€813k€1.00M▲
Amounts payable after more than one year17€242k€201k▼
Financial debts170/4€242k€201k▼
Amounts payable within one year42/48€571k€800k▲
Current portion of amounts payable after more than one year42€40k€41k▲
Financial debts43€199k-
Credit institutions430/8€199k-
Trade debts44€27k€111k▲
Suppliers440/4€27k€111k▲
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€1k€3k▲
Remuneration and social security454/9€2k€3k▲
Other amounts payable47/48€301k€642k▲
Income statement
Code20232024
Remuneration, social security and pensions62€66k€115k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€49k▲
Other operating charges640/8€1k€945▼
Gross operating margin9900€135k€253k▲
Operating profit (loss)9901€46k€88k▲
Financial income75/76B€3k€766▼
Recurring financial income75€3k€766▼
Non-recurring financial income76B€3k-
Financial charges65/66B€8k€26k▲
Recurring financial charges65€8k€26k▲
Profit (loss) for the period before taxes9903€41k€62k▲
Income taxes67/77-€18k
Profit (loss) for the period9904€41k€44k▲
Profit (loss) for the period to be appropriated9905€41k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€44k▲
Profit (loss) brought forward from the previous period14P€-22k-
Transfer to equity691/2€19k€44k▲
To other reserves6921€19k€44k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
31-12
Financial
Highest result since 2018net €44k ▲7.2%
Operating result €88k, net result €44k, both a record.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
31-12
Financial
Back to profitnet €28k
Net result €28k after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Weakest financial yearnet €-14k ▼225%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 17 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
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, Westerlo · 1 establishment unit since 2014
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.
Biezenstraat 212260 WesterloGround area
1,050 m²
Building footprint
160 m²
Parcel 13049A1088/00L002, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
VOVABOUW
since 20142.226.871.560
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13049A1088/00L002 | Flanders | 1,050 m² | 1 · 160 m² | 0.1 m |
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
VERLIMMO
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NXXT
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Hélène Vanhoutte Immobilier
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De Posterij
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GRISARD PROPERTY
BE 0674.671.919
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 3,601 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-02-2014
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68110Buying and selling of own real estate
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.