Tuvabo/Alva-Bouw
ActiveTuvabo/Alva-Bouw has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €536k and a net result of €52k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 69% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+5
Solvency85▼-15
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.83 against 2.99 in 2024; short-term debt: 39.7% and cash: 25.9% of total assets), and 39.7% 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 41
Relative position
BE, all sectors
reference
Sector 41
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
60.3%
Return on assets
5.8%
Age of the figures
9 mo
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
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
10 d late
2024
35 d early
2023
33 d early
2022
41 d early
2021
37 d early
2020
36 d early
2019
24 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€536k▲ 10.6%
2024 · €485k
2018: €174k
2019: €255k
2020: €294k
2021: €430k
2022: €444k
2023: €472k
2024: €485k
2018 → 2025
Total assets
€889k▲ 42.1%
2024 · €626k
2018: €664k
2019: €780k
2020: €674k
2021: €743k
2022: €735k
2023: €686k
2024: €626k
2018 → 2025
Net result
€52k▲ 296%
2024 · €13k
2018: €46k
2019: €82k
2020: €38k
2021: €137k
2022: €14k
2023: €27k
2024: €13k
2018 → 2025
Working capital
€292k▲ 26.4%
2024 · €231k
2018: €-45k
2019: €5k
2020: €18k
2021: €181k
2022: €176k
2023: €222k
2024: €231k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€430k-€444k▲ 3.3%€472k▲ 6.1%€485k▲ 2.8%€536k▲ 10.6%
Operating result€187k-€19k▼ 89.9%€37k▲ 97.3%€19k▼ 50.1%€60k▲ 224%
Net result€137k-€14k▼ 89.7%€27k▲ 93.8%€13k▼ 52.3%€52k▲ 296%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 224% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €889k
Fixed assets
€244k▼ 12.3%
Current assets
€645k▲ 85.7%
Equity and liabilities €889k
Equity
€536k▲ 10.6%
Debt
€353k▲ 150%
The debt ratio rises from 22.5% to 39.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€96k▲
2024 · €58k
Cash flow
€87k▲
2024 · €52k
Solvency
60.3%▼
2024 · 77.5%
Current ratio
1.83▼
2024 · 2.99
Quick ratio
1.83▼
2024 · 2.99
Debt / equity
0.66▲
2024 · 0.29
ROE
9.6%▲
2024 · 2.7%
ROA
5.8%▲
2024 · 2.1%
Interest coverage
13.90▼
2024 · 20.43
Debt
€353k▲
2024 · €141k
Debt ≤ 1 year
€353k▲
2024 · €116k
Debt > 1 year
€0▼
2024 · €25k
Income taxes
€15k▲
2024 · €7k
Staff costs
€141k▲
2024 · €27k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€626k€889k▲
Fixed assets21/28€278k€244k▼
Tangible fixed assets22/27€276k€242k▼
Land and buildings22€236k€224k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€31k€12k▼
Other tangible fixed assets26€850€850=
Financial fixed assets28€2k€2k=
Current assets29/58€347k€645k▲
Amounts receivable within one year40/41€326k€415k▲
Trade receivables40€7k€55k▲
Other amounts receivable41€319k€360k▲
Cash at bank and in hand54/58€19k€230k▲
Deferred charges and accrued income490/1€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€626k€889k▲
Equity10/15€485k€536k▲
Contributions10/11€19k€19k=
Reserves13€466k€518k▲
Distributable reserves133€466k€518k▲
Amounts payable17/49€141k€353k▲
Amounts payable after more than one year17€25k€0▼
Financial debts170/4€25k€0▼
Amounts payable within one year42/48€116k€353k▲
Current portion of amounts payable after more than one year42€44k€27k▼
Financial debts43€0€150k▲
Credit institutions430/8€0€150k▲
Trade debts44€8k€114k▲
Suppliers440/4€8k€114k▲
Taxes, remuneration and social security45€22k€21k▼
Taxes450/3€14k€6k▼
Remuneration and social security454/9€7k€16k▲
Other amounts payable47/48€42k€41k▼
Accrued charges and deferred income492/3€67€35▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€27k€141k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€36k▼
Other operating charges640/8€14k€2k▼
Gross operating margin9900€98k€238k▲
Operating profit (loss)9901€19k€60k▲
Financial income75/76B€5k€13k▲
Recurring financial income75€5k€13k▲
Financial charges65/66B€3k€7k▲
Recurring financial charges65€3k€7k▲
Profit (loss) for the period before taxes9903€20k€67k▲
Income taxes67/77€7k€15k▲
Profit (loss) for the period9904€13k€52k▲
Profit (loss) for the period to be appropriated9905€13k€52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€52k▲
Transfer to equity691/2€13k€52k▲
To other reserves6921€13k€52k▲
Social balance
Average headcount (FTE)90870.52.2▲
The notes to these accounts (12 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
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 10 days late
2025
31-12
Financial
Equity above €500kEq €536k ▲10.6%
8 profitable years in a row build equity to €536k.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €13k ▼52.3%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €137k ▲258%
Operating result €187k, net result €137k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 24 days late
2019
31-12
Financial
Equity above €200kEq €255k ▲47%
2 profitable years in a row build equity to €255k.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Anzegem · 1 establishment unit since 2011
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.
Heuntjeshoek 88570 AnzegemGround area
1,704 m²
Building footprint
14 m²
Volume, LiDAR
29 m³
Parcel 34002B0663/00F000, Flanders · tallest building 2.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Tuvabo/Alva-Bouw
since 20112.204.368.055
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34002B0663/00F000 | Flanders | 1,704 m² | 1 · 14 m² | 2.6 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 47 EUR awarded · 47 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 47 EUR | 47 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 8,955 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-09-2011
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.