WVH Grondwerken
ActiveSummary
WVH Grondwerken has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70k and a net result of €20k. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 20% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-3
Solvency43▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.55 in 2024; short-term debt: 45.3% and cash: 50.7% of total assets), and 81.7% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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
18.3%
Return on assets
5.2%
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 27786 sector peers (2025).
NBB · sector comparisonPosition among 27786 sector peers
Solvency
better than 20%
← weakest
strongest →
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 08-05-2026, 84 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
84 d early
2024
71 d early
2023
78 d early
2022
3 d early
2021
34 d early
2020
57 d early
2019
32 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
€70k▼ 26.6%
2024 · €95k
2019: €29k
2020: €42k
2021: €71k
2022: €84k
2023: €101k
2024: €95k
2019 → 2025
Total assets
€379k▲ 10.4%
2024 · €343k
2019: €191k
2020: €202k
2021: €395k
2022: €453k
2023: €351k
2024: €343k
2019 → 2025
Net result
€20k▼ 17.7%
2024 · €24k
2019: €10k
2020: €13k
2021: €29k
2022: €13k
2023: €17k
2024: €24k
2019 → 2025
Working capital
€45k▲ 3.4%
2024 · €44k
2019: €66k
2020: €101k
2021: €126k
2022: €14k
2023: €37k
2024: €44k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€71k-€84k▲ 18.5%€101k▲ 19.8%€95k▼ 5.9%€70k▼ 26.6%
Operating result€33k-€17k▼ 47.7%€25k▲ 42.7%€35k▲ 39.8%€30k▼ 12.4%
Net result€29k-€13k▼ 54.0%€17k▲ 26.8%€24k▲ 44.7%€20k▼ 17.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €379k
Fixed assets
€162k ▼ 26.3%
Current assets
€217k ▲ 75.8%
Equity and liabilities €379k
Equity
€70k ▼ 26.6%
Debt
€309k ▲ 24.4%
Debt's share of the balance-sheet total rises from 72.4% to 81.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€97k▼
2024 · €100k
Cash flow
€87k▼
2024 · €89k
Current ratio
1.26▼
2024 · 1.55
Debt to equity
4.45▲
2024 · 2.63
ROE
28.5%▲
2024 · 25.4%
ROA
5.2%▼
2024 · 7.0%
Interest coverage
33.81▲
2024 · 28.41
Debt ≤ 1 year
€172k▲
2024 · €80k
Debt > 1 year
€136k▼
2024 · €167k
Income taxes
€8k▲
2024 · €7k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€343k€379k▲
Fixed assets21/28€220k€162k▼
Tangible fixed assets22/27€220k€162k▼
Land and buildings22€57k€54k▼
Plant, machinery and equipment23€14k€17k▲
Furniture and vehicles24€57k€38k▼
Leasing and similar rights25€92k€53k▼
Current assets29/58€123k€217k▲
Amounts receivable within one year40/41€43k€20k▼
Trade receivables40€40k€13k▼
Other amounts receivable41€3k€6k▲
Cash at bank and in hand54/58€74k€192k▲
Deferred charges and accrued income490/1€7k€5k▼
Equity and liabilities
Total equity and liabilities10/49€343k€379k▲
Equity10/15€95k€70k▼
Contributions10/11€19k€19k=
Reserves13€76k€51k▼
Non-distributable reserves130/1€519€0▼
Reserves not available under the articles1311€519€0▼
Distributable reserves133€75k€51k▼
Profit (loss) carried forward14€180€0▼
Amounts payable17/49€249k€309k▲
Amounts payable after more than one year17€167k€136k▼
Financial debts170/4€167k€136k▼
Amounts payable within one year42/48€80k€172k▲
Current portion of amounts payable after more than one year42€31k€31k▲
Trade debts44€10k€15k▲
Suppliers440/4€10k€15k▲
Taxes, remuneration and social security45€6k€14k▲
Taxes450/3€6k€14k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€33k€111k▲
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€67k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€101k€98k▼
Operating profit (loss)9901€35k€30k▼
Financial income75/76B€57€347▲
Recurring financial income75€57€347▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€31k€28k▼
Income taxes67/77€7k€8k▲
Profit (loss) for the period9904€24k€20k▼
Profit (loss) for the period to be appropriated9905€24k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€20k▼
Profit (loss) brought forward from the previous period14P€86€180▲
Transfer from equity791/2€30k€45k▲
Transfer to equity691/2€24k€20k▼
To other reserves6921€24k€20k▼
Profit to be distributed694/7€30k€45k▲
Return on contributions (dividend)694€30k€45k▲
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
Next filing, fiscal year 2026, expected by
2026
08-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €101k ▲19.8%
5 profitable years in a row build equity to €101k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2019net €29k ▲115%
Net result €29k, the highest in the series.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Hamme (Vl.) · 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.
Ardoystraat 289220 Hamme (Vl.)Ground area
642 m²
Building footprint
166 m²
Volume, LiDAR
463 m³
Parcel 42452D0260/00V000, Flanders · tallest building 6.7 m. Linked by address, not a title deed.
1 establishment unit
Ardoystraat 28, 9220 Hamme (Vl.)
since 20182.274.238.046
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42452D0260/00V000 | Flanders | 642 m² | 1 · 165 m² | 6.7 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 146 EUR awarded · 146 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 146 EUR | 146 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 8,455 companies in sector 43120 we hold annual accounts for 3,233. 2,590 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
Founded19-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.