H & A
ActiveH & A has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €943k and a net result of €161k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 75% of 2272 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+9
Solvency97▲+8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 4.16 against 2.7 in 2024; short-term debt: 14.2% and cash: 10.8% of total assets), and 28.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
71.8%
Return on assets
12.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
14 d late
2024
28 d late
2023
30 d late
2022
56 d early
2021
79 d early
2020
24 d late
2019
62 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€943k▲ 20.6%
2024 · €782k
2018: €385k
2019: €456k
2020: €538k
2021: €610k
2022: €661k
2023: €717k
2024: €782k
2018 → 2025
Total assets
€1.31M▲ 7.8%
2024 · €1.22M
2018: €703k
2019: €890k
2020: €1.10M
2021: €1.09M
2022: €1.14M
2023: €1.16M
2024: €1.22M
2018 → 2025
Net result
€161k▲ 150%
2024 · €64k
2018: €168k
2019: €71k
2020: €82k
2021: €71k
2022: €51k
2023: €57k
2024: €64k
2018 → 2025
Working capital
€589k▲ 36.4%
2024 · €432k
2018: €321k
2019: €401k
2020: €175k
2021: €215k
2022: €221k
2023: €321k
2024: €432k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€610k-€661k▲ 8.4%€717k▲ 8.6%€782k▲ 9.0%€943k▲ 20.6%
Operating result€94k-€60k▼ 35.9%€79k▲ 30.2%€103k▲ 30.7%€226k▲ 120%
Net result€71k-€51k▼ 28.7%€57k▲ 11.4%€64k▲ 13.5%€161k▲ 150%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 120% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.31M
Fixed assets
€538k▲ 1.2%
Current assets
€775k▲ 13.0%
Equity and liabilities €1.31M
Equity
€943k▲ 20.6%
Debt
€370k▼ 15.1%
The debt ratio falls from 35.8% to 28.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€271k▲
2024 · €144k
Cash flow
€206k▲
2024 · €105k
Solvency
71.8%▲
2024 · 64.2%
Current ratio
4.16▲
2024 · 2.70
Quick ratio
4.00▲
2024 · 2.55
Debt / equity
0.39▼
2024 · 0.56
ROE
17.1%▲
2024 · 8.2%
ROA
12.3%▲
2024 · 5.3%
Interest coverage
18.73▲
2024 · 8.51
Debt
€370k▼
2024 · €436k
Debt ≤ 1 year
€187k▼
2024 · €254k
Debt > 1 year
€144k▼
2024 · €154k
Income taxes
€54k▲
2024 · €22k
Staff costs
€53k▲
2024 · €47k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.22M€1.31M▲
Fixed assets21/28€532k€538k▲
Tangible fixed assets22/27€345k€352k▲
Land and buildings22€307k€282k▼
Plant, machinery and equipment23€39k€24k▼
Furniture and vehicles24-€45k
Financial fixed assets28€187k€187k=
Current assets29/58€686k€775k▲
Stocks and contracts in progress3€38k€29k▼
Stocks30/36€38k€29k▼
Amounts receivable within one year40/41€223k€598k▲
Trade receivables40€65k€73k▲
Other amounts receivable41€158k€526k▲
Cash at bank and in hand54/58€421k€142k▼
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.22M€1.31M▲
Equity10/15€782k€943k▲
Contributions10/11€19k€19k=
Reserves13€763k€925k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€761k€923k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€436k€370k▼
Amounts payable after more than one year17€154k€144k▼
Financial debts170/4€154k€144k▼
Amounts payable within one year42/48€254k€187k▼
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€9k€30k▲
Suppliers440/4€9k€30k▲
Taxes, remuneration and social security45€4k€16k▲
Taxes450/3€4k€16k▲
Remuneration and social security454/9€10€0▼
Other amounts payable47/48€231k€131k▼
Accrued charges and deferred income492/3€28k€40k▲
Income statement
Code20242025
Non-recurring operating income76A€4k€0▼
Remuneration, social security and pensions62€47k€53k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€45k▲
Other operating charges640/8€5k€6k▲
Non-recurring operating charges66A-€-2
Gross operating margin9900€195k€329k▲
Operating profit (loss)9901€103k€226k▲
Financial income75/76B€1k€4k▲
Recurring financial income75€1k€4k▲
Financial charges65/66B€17k€14k▼
Recurring financial charges65€17k€14k▼
Profit (loss) for the period before taxes9903€87k€216k▲
Income taxes67/77€22k€54k▲
Profit (loss) for the period9904€64k€161k▲
Profit (loss) for the period to be appropriated9905€64k€161k▲
Appropriation of the result
Profit (loss) to be appropriated9906€326k€161k▼
Profit (loss) brought forward from the previous period14P€262k€0▼
Transfer to equity691/2€326k€161k▼
To other reserves6921€326k€161k▼
Social balance
Average headcount (FTE)90870.80.8=
The notes to these accounts (18 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
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 14 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €51k ▼28.7%
Net result drops to €51k, the lowest in the series; recovery starts the following year.
13-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Equity above €500kEq €538k ▲18.1%
3 profitable years in a row build equity to €538k.
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 62 days late
2019
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are 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, Maaseik · 1 establishment unit since 2010
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.
Venlosesteenweg 273680 MaaseikGround area
96 m²
Building footprint
96 m²
Volume, LiDAR
652 m³
Parcel 72021B0375/00P000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Venlosesteenweg 27, 3680 Maaseik
since 20102.186.439.287
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72021B0375/00P000 | Flanders | 96 m² | 1 · 96 m² | 9.5 m · 2 fl. |
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.
Similar companies · same sector, comparable size
DELTA MAINTENANCE
BE 0471.022.201
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YOTTA
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ASSRA
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Gistel · Eq €945k
S. DERVEAUX PHARMA - CONSULTING
BE 0466.336.012
Rijkevorsel · Eq €941k
Simons Beheer
BE 0440.118.395
Bree · Eq €941k
Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 4,665 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-11-2009
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
82990Other business support services
46836Wholesale trade
96301Funeral services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.