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TVH PARTS

Active
Public limited companyfounded 198342 yrs activeBrabantstraat 15, 8790 Waregem, BelgiumKBO/BCE: BE 0425.399.042
Summary

TVH PARTS has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.02bn and a net result of €102.7m. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 89% of 318 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

What they do
Manufacture of machinery and equipment not elsewhere classified
NACE 28220NACE 29220Wholesale trade NACE 46644
#1 company by total assets in West Flanders, Machinery and equipment sector10 sites
How big
€825.1mturnover 2025
Staff
1,647.9 FTE
Equity
€1.02bn
Profit
€102.7m
Financially healthy?
72 Healthy Checked score 2025
Bankruptcy chance 12 m
0.6%
Who decides
Parent
TVH Parts Holding · 100%
Board
3 members
Holdings
58
Accounts 15 d early
Why 72- Multiple establishment units+ Annual accounts: healthy financial profile+ Long track record+ Lower-risk legal formLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability64▼-3
Solvency96▲+1
Growth70=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.56 in 2024; short-term debt: 19.4% and cash: 0.1% of total assets), and 28.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
71.5%
Return on assets
7.2%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 42 years 0 50 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-04-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 d early
2024
5 d early
2023
26 d early
2022
9 d early
2021
9 d early
2020
17 d early
2019
30 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 21 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close02-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Algemene Vergadering - BoekjaarPower of attorney
  2. Resignations: SILEX BV (director) and Arasko…Reappointment: Arasko CommV (director) ·…
  3. Annual accounts filedfiscal year 2025 · full…

Key points

  • Positive: Company by total assets in West Flanders, Machinery…in the Checked rankings #1 View
  • Controlled by TVH Parts Holdingknown shareholders 100% 100% View
  • Positive: 5 years of growth in a rowturnover 2025: €825.1m 5 years View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Directors leftlatest change 08-05-2026 · 3 in office 2 left View
  • Flemish supportawarded 2022 - 2025 €504,754 View

By topic

Financials

Fiscal year
2025
Turnover
€825.1m
Profit
€102.7m
Solvency
71.5%
Turnover▲ 5.6%
Net result
20192025
Go to Financials

Network & group

Group
Wehold BO
Subsidiaries
57
Holdings
58
Connected companies
4

58 holdings

Go to Network & group

Timeline

Events
43
Since
2004
Next accounts
by 30-04-2027
  1. 09-06-2026Algemene Vergadering - Boekjaar
  2. 08-05-2026Resignations: SILEX BV (director) and Arasko CommV…
  3. 15-04-2026Annual accounts filed
Go to Timeline

Support & recognitions

Funding sources
1
Recognitions
1 register
Flemish government
€504,754awarded · 2022 - 2025
LEI
active549300CY1OF573IQI121
Go to Support & recognitions

Company details

Sites
10
Legal form
Public limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28220
Founded
31-12-1983
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
4
Financial year
From 1 January to 31 December
Annual meeting
Third Friday of June
Purpose
Het maken, laten maken, het commercialiseren, het verhuren, de in- en uitvoer, de klein-…
Go to Articles of association

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