WVH & ZN
ActiveSummary
WVH & ZN has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €653k and a net result of €116k. Equity is growing by ~37.3% per year across the filed fiscal years. Its solvency ranks better than 36% of 1202 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-9
Solvency55▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 2.35 against 2.29 in 2024; short-term debt: 16.5% and cash: 16.4% of total assets), but 69.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.4%
Return on assets
5.4%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
35 d early
2024
36 d early
2023
26 d early
2022
32 d early
2021
23 d early
2020
12 d late
2019
98 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€653k▲ 21.6%
2024 · €537k
2018: €59k
2019: €121k
2020: €175k
2021: €175k
2022: €262k
2023: €310k
2024: €537k
2018 → 2025
Total assets
€2.15M▲ 13.8%
2024 · €1.89M
2018: €175k
2019: €368k
2020: €421k
2021: €553k
2022: €478k
2023: €1.57M
2024: €1.89M
2018 → 2025
Net result
€116k▼ 49.0%
2024 · €228k
2018: €41k
2019: €62k
2020: €54k
2021: €106k
2022: €88k
2023: €87k
2024: €228k
2018 → 2025
Working capital
€480k▲ 38.2%
2024 · €347k
2018: €20k
2019: €33k
2020: €101k
2021: €40k
2022: €136k
2023: €173k
2024: €347k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€175k-€262k▲ 49.6%€310k▲ 18.2%€537k▲ 73.6%€653k▲ 21.6%
Operating result€134k-€130k▼ 3.1%€154k▲ 18.4%€362k▲ 136%€215k▼ 40.5%
Net result€106k-€88k▼ 16.5%€87k▼ 1.9%€228k▲ 163%€116k▼ 49.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 41% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.15M
Fixed assets
€1.32M ▲ 3.4%
Current assets
€834k ▲ 35.4%
Equity and liabilities €2.15M
Equity
€653k ▲ 21.6%
Debt
€1.50M ▲ 10.7%
Debt's share of the balance-sheet total falls from 71.6% to 69.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€414k▼
2024 · €565k
Cash flow
€315k▼
2024 · €431k
Current ratio
2.35▲
2024 · 2.29
Debt to equity
2.29▼
2024 · 2.52
ROE
17.8%▼
2024 · 42.4%
ROA
5.4%▼
2024 · 12.0%
Interest coverage
6.80▼
2024 · 10.12
Debt ≤ 1 year
€355k▲
2024 · €269k
Debt > 1 year
€1.13M▲
2024 · €1.08M
Income taxes
€38k▼
2024 · €78k
Staff costs
€426k▲
2024 · €294k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.89M€2.15M▲
Fixed assets21/28€1.28M€1.32M▲
Intangible fixed assets21€11k€8k▼
Tangible fixed assets22/27€1.26M€1.31M▲
Land and buildings22€973k€910k▼
Plant, machinery and equipment23€16k€16k▼
Furniture and vehicles24€163k€151k▼
Leasing and similar rights25€112k€234k▲
Current assets29/58€616k€834k▲
Amounts receivable within one year40/41€384k€478k▲
Trade receivables40€368k€412k▲
Other amounts receivable41€16k€66k▲
Cash at bank and in hand54/58€227k€353k▲
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.89M€2.15M▲
Equity10/15€537k€653k▲
Contributions10/11€19k€19k=
Reserves13€519k€635k▲
Tax-exempt reserves132€105k€105k=
Distributable reserves133€414k€530k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€1.35M€1.50M▲
Amounts payable after more than one year17€1.08M€1.13M▲
Financial debts170/4€933k€982k▲
Other amounts payable178/9€150k€150k=
Amounts payable within one year42/48€269k€355k▲
Current portion of amounts payable after more than one year42€113k€134k▲
Trade debts44€63k€102k▲
Suppliers440/4€63k€102k▲
Taxes, remuneration and social security45€41k€62k▲
Taxes450/3€29k€25k▼
Remuneration and social security454/9€12k€37k▲
Other amounts payable47/48€52k€56k▲
Accrued charges and deferred income492/3€1k€12k▲
Income statement
Code20242025
Remuneration, social security and pensions62€294k€426k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€204k€199k▼
Other operating charges640/8€12k€11k▼
Gross operating margin9900€871k€852k▼
Operating profit (loss)9901€362k€215k▼
Financial income75/76B€22€0▼
Recurring financial income75€22€0▼
Financial charges65/66B€56k€61k▲
Recurring financial charges65€56k€61k▲
Profit (loss) for the period before taxes9903€306k€154k▼
Income taxes67/77€78k€38k▼
Profit (loss) for the period9904€228k€116k▼
Transfer to tax-exempt reserves689€105k€0▼
Profit (loss) for the period to be appropriated9905€123k€116k▼
Appropriation of the result
Profit (loss) to be appropriated9906€123k€116k▼
Transfer from equity791/2€0-
Transfer to equity691/2€123k€116k▼
To other reserves6921€123k€116k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90874.55.9▲
The notes to these accounts (20 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
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €228k ▲163%
Operating result €362k, net result €228k, both a record.
31-12
Financial
Equity above €500kEq €537k ▲73.6%
7 profitable years in a row build equity to €537k.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €262k ▲49.6%
5 profitable years in a row build equity to €262k.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
31-12
Financial
Equity above €150kEq €175k ▲44.5%
3 profitable years in a row build equity to €175k.
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
31-12
Financial
Equity above €100kEq €121k ▲104%
2 profitable years in a row build equity to €121k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Balen · 1 establishment unit since 2018
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.
Nijverheidsstraat 102490 BalenGround area
2,013 m²
Building footprint
925 m²
Volume, LiDAR
710 m³
2 parcels, Flanders · tallest building 5.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
WVH & ZN
since 20182.277.554.357
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13003E0567/00W000 | Flanders | 1,288 m² | 1 · 708 m² | - |
| 13433E1588/00H000 | Flanders | 725 m² | 1 · 217 m² | 5.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 177 EUR awarded · 177 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 177 EUR | 177 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
4 categoriesWVH & ZN BV45426
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Of 21,216 companies in sector 81300 we hold annual accounts for 4,362. 2,341 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@wvhzn.be