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 2025 and 2026.
-
Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
HLVC from Gent, company number BE0701718190, closed financial year 2026 with a result of € -37,590 after tax. For that financial year HLVC recorded a gross margin of € 25,826 and equity of € 482,864. Compared with financial year 2025, the result moved from € -215,511 to € -37,590. 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 October 21, 2026.
€ 482,864
▼ 7% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,590
▲ 83 % less loss than in 2025
Profit after tax over the fiscal year.
€ 19,081
▼ 83% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
People and assets in 2026
0
Average over the fiscal year, from the social balance sheet.
€ 19
▼ 89% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2026
€ 84,190
▼ 65% vs 2025
€ 34,190 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 206,717
▼ 10% vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 115,816 | € 34,521 | € 203,913 | € 25,826 | ▼ 87% |
| Profit after taxes | € 29,811 | € -1,008,372 | € -215,511 | € -37,590 | ▲ € 177,921 |
| Equity | € 1,023,476 | € 15,104 | € 520,454 | € 482,864 | ▼ 7% |
| Total debts | € 699,063 | € 741,592 | € 599,385 | € 420,411 | ▼ 30% |
| Cash | € 216,423 | € 86,492 | € 113,222 | € 19,081 | ▼ 83% |
| Retained profit | € 73,355 | € -935,017 | € -1,106,562 | € -1,144,152 | ▼ € 37,590 |
| Bank debt | € 305,406 | € 298,485 | € 241,413 | € 84,190 | ▼ 65% |
| Balance sheet total | € 1,722,539 | € 756,696 | € 1,119,839 | € 903,275 | ▼ 19% |
| Employees (FTE) | 2 | 1.2 | 0 | 0 |
Key figures of HLVC, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to HLVC?
What happened at HLVC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 37,590. Source: NBB ↗
- Alunto BV became a director. NBB
- Penumbra BV became a director. NBB
- Excelling BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,811 profit in 2023 to € 37,590 loss in 2026.
Paid € 11,886 in corporate taxes since 2023.
Best year ever: 2023, with € 29,811 profit.
On average € 28,800 of value added per employee in 2024.
Management
The stake of Liorem comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HLVCBehind HLVC are Alunto BV, Penumbra BV and Excelling BV. The shares are held by Liorem (14.3%). It owns 100% of HLVC Soft and 28% of The Print Collective itself.
Directors
According to the 2026 annual accounts
Director · represented by Toshoni Van Craen
Also active at: HLVC SOFT, Team n Time, CALIDOS, Alpex Group
since 2025
since 2025
since 2025
Shareholders
14.3%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Kouter 7 box A101
9000 Gent
Kouter 7A box 101
9000 Gent
Active since 28 August 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0701.718.190
- VAT number
- BE 0701.718.190
- Registered office
- Kouter 7 bus A101, 9000 Gent
- Names & denominations
- HLVC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 August 2018
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- [email protected]
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van hoofdkantoren
Overige zakelijke dienstverlening, neg
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering