Result
€1.5m ▲ 50×
The result rose in 2026: different schema filed.
HR Path BE
Lifetime
17 annual accounts with figures on one time axis, 19 filings since 2006peak €2.7m (2019)
€707,851▼ 5.6%
lowest -€825,903 (2020)
€1.5m▲ 50×
peak €1.4m (2017)
€1.3m▲ €1.5m
€9.2m▼ 15.7%
peak 18 FTE (2017)
5.5 FTE▼ 12.7%
Board12 names since 2019
4 directorsBV Solhen and 3 others
Owners2 names in the annual accounts
Documentsfilings and deeds
30-10-20261 day before the deadline
2026financial year
Result from €30,565 to €1.5mStaff from 6.3 FTE to 5.5 FTE1 director appointed, 2 resignations 09-091 director appointed, 1 resignation, 3 reappointments 02-01Equity from -€186,554 to €1.3mDebts from €10.9m to €9.2m
Key points
from the 2026 annual accountsTurnover
≈ €1.9m estimated
The accounts state no turnover.
Debts
€9.2m 87% of the balance sheet
Suppliers 54%Taxes and wages 1%Other 45%
Of this, €9.1m falls due within a year.
Staff
5.5 FTE from 18 in 2017
Between 2017 and 2026, 69% of the full-time equivalents disappeared.
Board
1 left
A director left. Latest change 31-05-2026 · 4 in office.
Position in the sector
12.7%
Lower solvency than 80% of companies in computer programming and consultancy. Sector median 40.7% · 49 companies.
Checked score
82
Excellent
Financially stronger than 35% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.7%
01-2025: 1.7%● unchanged vs 12-2024
02-2025: 1.7%● unchanged vs 01-2025
03-2025: 1.7%● unchanged vs 02-2025
04-2025: 1.7%● unchanged vs 03-2025
05-2025: 1.7%● unchanged vs 04-2025
06-2025: 1.7%● unchanged vs 05-2025
07-2025: 1.7%● unchanged vs 06-2025
08-2025: 1.8%▲ +0.1 percentage points vs 07-2025
09-2025: 1.9%▲ +0.1 percentage points vs 08-2025
10-2025: 2.1%▲ +0.2 percentage points vs 09-2025highest value
11-2025: 1.3%▼ -0.8 percentage points vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 1.3%● unchanged vs 03-2026
05-2026: 1.3%● unchanged vs 04-2026
06-2026: 1.4%▲ +0.1 percentage points vs 05-2026
07-2026: 1.4%● unchanged vs 06-2026
08-2026: 1.4%● unchanged vs 07-2026
09-2026: 1.5%▲ +0.1 percentage points vs 08-2026
10-2026: 0.4%▼ -1.1 percentage points vs 09-2026lowest value
11-2026: 0.4%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.15, cash €181,839
Equity €1.3m (12.7% of total assets)
lowers risk
Figures for financial year 2026 (filed on 30-10-2026)
Sector: Computer programming, consultancy and related activities (NACE 62)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 18% of them on solvency, 3% on liquidity, 20% on profitability and 99% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,818 companies had the same profile as HR Path BE has now. Each dot stands for 10 companies, two years later.
95.1%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HR Path BE itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,818 companies, not a prediction for HR Path BE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.15 (0.99 in 2025), below the usual 1.5. Short-term debt is 86.6% and cash 1.7% of total assets. 87.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 49 sector peers (2026).
NBB · sector comparisonPosition among 49 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-10-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
1 day early
2025
1 day early
2024
on the day
2023
1 day early
2022
31 days late
2021
243 days late
2020
608 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 126 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-03-2027 year end31-10-2027 deadline
Recent changes
1 director appointed, 2 resignations
Resignations: BV FBO Consultek (director) and BV Optimise - Discover - Consulting (director) · Permanent representatives: Frédéric BOTTIN, Lennart De Graeve and François BOULET · Appointment: BV Solhen (managing director) · General meeting of 02-07-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0871438595
1 director appointed, 1 resignation, 3 reappointments
Resignation: SRL Kibiserv (director) · Permanent representatives: Anja De Smet, Frédéric BOTTIN, Cyril COURTIN, François BOULET and Lennart De Graeve · Reappointments: BV FBO CONSULTEK, NV HR PATH and BV SOLHEN · General meeting of 05-09-2025 · Gazette deed
1 director resigning
NV EXYGEN (director) · Permanent representatives: Yves VAN GOOL and Anja DE SMET · Director discharge: NV EXYGEN (director (not named in the articles)) · General meeting of 31-10-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HR Path BE Antwerp | - | - | 12.7% | 5.5 |
| VERTIMO Bruges | - | - | 33.5% | 8.1 |
| Nextlane Belux Berchem-Sainte-Agathe | - | - | 22.0% | 8.6 |
| INFORMATICA BELGIE Antwerp | - | - | 1.7% | 4 |
| V-IT Antwerp | €26.0m | 3.8% | 49.2% | 5.2 |
| GEO SQUARE Edegem | €2.4m | 20.7% | 45.8% | 5.5 |
| COMPUSOFT BELUX Brakel | - | - | 39.6% | 5.8 |
These companies have the same main activity as HR Path BE: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €5.7m and €22m, founded between 1996 and 2010.
Official details
Source: KBO- Status
- Active since 25-01-2005Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 1 other
- Establishment unit
- 2.145.989.2972610 Antwerp, since 25-01-2005
- Financial year end
- 31 March
- Peppol
- Reachable since 15-01-2026
Annual accounts to 31-03-2026
- €10.5m▼ 1.8%
- Employeeson 31-03-2026
- 4▼ 42.9%
- Filing
- Filed on 30-10-2026, 1 day before the end of the filing period
Insights on HR Path BE
HR Path BE has existed since 2005. The gross margin fell from €2.7m in 2019 to €775,617 in 2020.
Solvency rose in 2026 from -1.7% to 12.7% because of the retained profit and lower debts.
In September 2026, the Official Gazette published the appointment of BV Solhen as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HR Path BE
- What is the company number of HR Path BE?
- The company number of HR Path BE is 0871.438.595. The VAT number is the same number with BE in front: BE 0871.438.595.
- Where is HR Path BE based?
- The registered office is at Groenenborgerlaan 84, 2610 Antwerp.Company details
- What does HR Path BE do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of HR Path BE?
- HR Path BE is a public limited company (NV).
- When was HR Path BE founded?
- HR Path BE was founded on 25-01-2005.
- Is HR Path BE still active?
- Yes, HR Path BE is an active enterprise in the KBO register.
- How many employees does HR Path BE have?
- HR Path BE had an average of 5.5 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- What is the turnover of HR Path BE?
- The turnover in financial year 2026 is ≈ €1.9m. This figure is estimated from the gross margin of €707,851 and 132 comparable companies (NACE 62200). It probably lies between €1.3m and €3.0m.
- Is HR Path BE profitable?
- In financial year 2026, HR Path BE made a profit of €1.5m.
- Where can I find the annual accounts of HR Path BE?
- HR Path BE filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of HR Path BE due?
- HR Path BE must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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