Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HV Projects from Jabbeke, company number BE0475239523, closed financial year 2025 with a result of € -64,144 after tax. For that financial year HV Projects recorded a gross margin of € 16,468 and equity of € 681,339. Compared with financial year 2024, the result moved from € -23,859 to € -64,144. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 681,339
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -64,144
▼ 169 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4,393
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -388,661.
People and assets in 2025
€ 4,236
▼ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 517,184
▼ 7% vs 2024
€ 37,697 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 2,587
Supplier invoices still open on the last day of the fiscal year.
€ 1,920
▲ 218% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -39,568 | € -49,550 | € 55,046 | € 16,468 | ▼ 70% |
| Profit after taxes | € -59,981 | € -71,014 | € -23,859 | € -64,144 | ▼ € 40,285 |
| Equity | € -159,644 | € 69,342 | € 745,483 | € 681,339 | ▼ 9% |
| Total debts | € 1,256,454 | € 1,524,090 | € 923,515 | € 888,726 | ▼ 4% |
| Cash | € 15,388 | € 527 | € 137,266 | € 4,393 | ▼ 97% |
| Land & buildings | € 203,074 | € 194,180 | € 1,232,424 | € 1,278,282 | ▲ 4% |
| Retained profit | € -229,644 | € -300,658 | € -324,517 | € -388,661 | ▼ € 64,144 |
| Bank debt | € 626,474 | € 590,654 | € 554,243 | € 517,184 | ▼ 7% |
| Balance sheet total | € 1,096,810 | € 1,593,432 | € 1,668,998 | € 1,570,065 | ▼ 6% |
Key figures of HV Projects, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to HV Projects?
What happened at HV Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 64,144. Source: NBB ↗
- New establishment in Jabbeke. KBO
- New establishment in Jabbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 59,981 loss in 2022 to € 64,144 loss in 2025.
Management
Behind HV Projects are Véronique Van Haecke and Hendrik Versyck.
Directors
According to the 2025 annual accounts
Véronique Van Haecke
Director
Hendrik Versyck
Director
Establishments
Establishment units
Physical locations of this company
Windmolenstraat 38
8490 Jabbeke
Dorpsstraat 47
8490 Jabbeke
Active since 4 December 2001
Gistelsteenweg 378
8490 Jabbeke
Active since 1 September 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0475.239.523
- VAT number
- BE 0475.239.523
- Registered office
- Windmolenstraat 38, 8490 Jabbeke
- Names & denominations
- HV Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 July 2001
- Peppol
- Active · Active since 4 Feb 2026
- Activities · NACE
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