H.VEE Belgium
ActiveThe computed 12-month bankruptcy probability of H.VEE Belgium is 1.6% (moderate). The 2024 annual accounts show equity of €154k and a net result of €14k. Equity is growing by ~38.2% per year across the filed fiscal years. Its solvency ranks better than 35% of 15868 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability42▼-29
Solvency45▼-31
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity tight (current ratio 1.25 against 5.77 in 2023; short-term debt: 79.8% and cash: 15.6% of total assets), and 79.8% 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.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2026, 338 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
338 d late
2023
41 d late
2022
31 d late
2021
219 d late
2020
587 d late
2019
952 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€154k▲ 10.0%
2023 · €140k
2019: €-66k
2020: €43k
2021: €85k
2022: €136k
2023: €140k
2019 → 2024
Total assets
€763k▲ 177%
2023 · €275k
2019: €326k
2020: €197k
2021: €297k
2022: €274k
2023: €275k
2019 → 2024
Net result
€14k▲ 223%
2023 · €4k
2019: €-72k
2020: €109k
2021: €42k
2022: €51k
2023: €4k
2019 → 2024
Working capital
€154k▼ 31.7%
2023 · €225k
2019: €-62k
2020: €51k
2021: €77k
2022: €131k
2023: €225k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€43k-€85k▲ 98.2%€136k▲ 59.6%€140k▲ 3.2%€154k▲ 10.0%
Operating result€123k-€57k▼ 53.3%€68k▲ 18.9%€8k▼ 87.7%€24k▲ 189%
Net result€109k-€42k▼ 61.2%€51k▲ 20.3%€4k▼ 91.5%€14k▲ 223%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 189% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €763k
Equity
€154k▲ 10.0%
Debt
€609k▲ 350%
The debt ratio rises from 49.1% to 79.8%. Equity and debt are higher.
Key figures and ratios
Solvency
20.2%▼
2023 · 50.9%
Current ratio
1.25▼
2023 · 5.77
Quick ratio
1.25▼
2023 · 5.77
Debt / equity
3.95▲
2023 · 0.96
ROE
9.1%▲
2023 · 3.1%
ROA
1.8%▲
2023 · 1.6%
Debt
€609k▲
2023 · €135k
Debt ≤ 1 year
€609k▲
2023 · €47k
Income taxes
€-4k▼
2023 · €3k
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€275k€763k▲
Fixed assets21/28€3k-
Tangible fixed assets22/27€3k-
Furniture and vehicles24€3k-
Current assets29/58€273k€763k▲
Stocks and contracts in progress3-€3k
Stocks30/36-€3k
Amounts receivable within one year40/41€250k€641k▲
Trade receivables40€247k€613k▲
Other amounts receivable41€3k€28k▲
Cash at bank and in hand54/58€23k€119k▲
Deferred charges and accrued income490/1€300-
Equity and liabilities
Total equity and liabilities10/49€275k€763k▲
Equity10/15€140k€154k▲
Contributions10/11€6k€6k=
Reserves13€130k€130k=
Distributable reserves133€130k€130k=
Profit (loss) carried forward14€4k€18k▲
Amounts payable17/49€135k€609k▲
Amounts payable within one year42/48€47k€609k▲
Trade debts44€25k€605k▲
Suppliers440/4€25k€605k▲
Taxes, remuneration and social security45€17k€235▼
Taxes450/3€17k€235▼
Other amounts payable47/48€5k€3k▼
Accrued charges and deferred income492/3€88k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k-
Other operating charges640/8€2k€2k▲
Gross operating margin9900€13k€26k▲
Operating profit (loss)9901€8k€24k▲
Financial charges65/66B€994€14k▲
Recurring financial charges65€994€14k▲
Profit (loss) for the period before taxes9903€7k€10k▲
Income taxes67/77€3k€-4k▼
Profit (loss) for the period9904€4k€14k▲
Profit (loss) for the period to be appropriated9905€4k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€18k▲
Profit (loss) brought forward from the previous period14P-€4k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 338 days late
2024
31-12
Financial
Equity above €150kEq €154k ▲10%
5 profitable years in a row build equity to €154k.
10-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 41 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 5.77
Current ratio from 1.95 to 5.77; short-term debt falls from €138k to €47k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
10-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 587 days late
10-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 952 days late
07-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 219 days late
2022
31-12
Financial
Equity above €100kEq €136k ▲59.6%
3 profitable years in a row build equity to €136k.
2020
31-12
Financial
Back to profitnet €109k
Net result €109k after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Tubize · 1 establishment unit since 2019
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.
Rue des Ponts 231480 TubizeGround area
2,025 m²
Building footprint
238 m²
Volume, LiDAR
1,876 m³
2 parcels, Flanders, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
H.VEE Belgium
since 20192.285.415.812
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25105C0006/00Z000 | Wallonia | 1,453 m² | 1 · 137 m² | 10.3 m · 3 fl. |
| 73347A0395/00L015 | Flanders | 571 m² | 1 · 102 m² | 10.8 m · 3 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
WANSART Pascal
BE 0479.133.181
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ETS LIBIOULLE
BE 0434.310.966
Philippeville · Eq €155k
MACLOT
BE 0465.617.618
Soumagne · Eq €155k
SAGAERT GEBROEDERS
BE 0413.948.092
Kortrijk · Eq €153k
DEGROOTE LUC
BE 0448.919.859
Ledegem · Eq €156k
Of 946 companies in sector 46231 we hold annual accounts for 422. 342 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2018
Fiscal year end31-12
Activities, NACEBEL
46231Wholesale of live animals
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.
Contact details
1 entryPhone:0488356734