Group 2-R. Vanhevel
ActiveSummary
Group 2-R. Vanhevel has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €333k and a net result of €-12k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 91% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▼-54
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 6.43 against 5.56 in 2024; short-term debt: 14% and cash: 2.8% of total assets), and 14% 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 · 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
30 d early
2023
10 d early
2022
32 d early
2021
31 d early
2020
10 d early
2019
38 d early
← 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, micro schema
Equity
€333k▼ 3.5%
2024 · €345k
2018: €340k
2019: €340k
2020: €341k
2021: €342k
2022: €344k
2023: €345k
2024: €345k
2018 → 2025
Total assets
€387k▼ 6.3%
2024 · €413k
2018: €500k
2019: €513k
2020: €494k
2021: €474k
2022: €455k
2023: €430k
2024: €413k
2018 → 2025
Net result
€-12k
2024 · €565
2018: €584
2019: €108
2020: €1k
2021: €1k
2022: €1k
2023: €777
2024: €565
2018 → 2025
Working capital
€294k▼ 5.7%
2024 · €311k
2018: €336k
2019: €337k
2020: €339k
2021: €341k
2022: €277k
2023: €294k
2024: €311k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€342k-€344k▲ 0.4%€345k▲ 0.2%€345k▲ 0.2%€333k▼ 3.5%
Operating result€5k-€3k▼ 37.4%€2k▼ 17.6%€2k▼ 5.8%€-10k
Net result€1k-€1k▲ 33.0%€777▼ 46.5%€565▼ 27.3%€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10k after €2k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €387k
Fixed assets
€40k ▲ 17.2%
Current assets
€348k ▼ 8.4%
Equity and liabilities €387k
Equity
€333k ▼ 3.5%
Debt
€54k ▼ 20.8%
Debt's share of the balance-sheet total falls from 16.5% to 14.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-10k▼
2024 · €19k
Cash flow
€-12k▼
2024 · €18k
Current ratio
6.43▲
2024 · 5.56
Quick ratio
3.37▲
2024 · 3.31
Debt to equity
0.16▼
2024 · 0.20
ROE
-3.6%▼
2024 · 0.2%
ROA
-3.1%▼
2024 · 0.1%
Interest coverage
-3.86▼
2024 · 10.33
Debt ≤ 1 year
€54k▼
2024 · €68k
Staff costs
€19k▲
2024 · €14k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€413k€387k▼
Fixed assets21/28€34k€40k▲
Tangible fixed assets22/27€34k€40k▲
Land and buildings22€0-
Furniture and vehicles24€34k€40k▲
Current assets29/58€380k€348k▼
Amounts receivable after more than one year29€111k€111k=
Trade receivables290€111k€111k=
Stocks and contracts in progress3€154k€165k▲
Stocks30/36€154k€165k▲
Amounts receivable within one year40/41€65k€57k▼
Trade receivables40€63k€51k▼
Other amounts receivable41€2k€6k▲
Cash at bank and in hand54/58€50k€11k▼
Deferred charges and accrued income490/1-€4k
Equity and liabilities
Total equity and liabilities10/49€413k€387k▼
Equity10/15€345k€333k▼
Contributions10/11€601k€601k=
Capital10€601k€601k=
Issued capital100€601k€601k=
Revaluation surpluses12€126k€126k=
Reserves13€188k€188k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€186k€186k=
Profit (loss) carried forward14€-570k€-582k▼
Amounts payable17/49€68k€54k▼
Amounts payable within one year42/48€68k€54k▼
Financial debts43€126€35k▲
Credit institutions430/8€126€35k▲
Trade debts44€561€631▲
Suppliers440/4€561€631▲
Advances received on contracts in progress46€65k€16k▼
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€14k€19k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€223▼
Other operating charges640/8€13k€12k▼
Gross operating margin9900€46k€21k▼
Operating profit (loss)9901€2k€-10k▼
Financial income75/76B€130€220▲
Recurring financial income75€130€220▲
Non-recurring financial income76B€130€220▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€565€-12k▼
Profit (loss) for the period9904€565€-12k▼
Profit (loss) for the period to be appropriated9905€565€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-570k€-582k▼
Profit (loss) brought forward from the previous period14P€-571k€-570k▲
The notes to these accounts (6 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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-12k ▼2226%
Net result drops to €-12k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-07
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
Highest result since 2018net €1k ▲33%
Net result €1k, the highest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Brussel · 1 establishment unit since 1978
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.
Blanchestraat 81000 BrusselGround area
517 m²
Building footprint
434 m²
Volume, LiDAR
7,212 m³
2 parcels, Brussels · tallest building 28.3 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Louizalaan 119, 1050 Brussel
since 19782.003.462.843
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0037/00Y005 | Brussels | 290 m² | 1 · 209 m² | 28.3 m · 8 fl. |
| 21807G0058/00E000 | Brussels | 226 m² | 1 · 226 m² | 27.1 m · 2 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.
Similar companies · same sector, comparable size
BIENFAIT
BE 0524.676.661
La Hulpe · Eq €333k
KAAI DESIGN
BE 0458.746.058
Antwerpen · Eq €332k
INHUIS
BE 0420.773.330
Brugge · Eq €334k
DELMI - DECOR
BE 0414.771.010
Kortrijk · Eq €331k
MOBIREVE
BE 0455.539.813
Mouscron · Eq €330k
Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 1,286 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 formPublic limited company
Founded12-12-1969
Fiscal year end31-12
Abbreviation FR
Group 2 - ou R. Vanhevel
Activities, NACEBEL 2025
47551Retail sale of household furniture
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:v.lenaerts@gmail.com