H.C.S.
ActiveSummary
For H.C.S., at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €722k and a net result of €-458k. Equity is shrinking by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 23% of 9350 sector peers (fiscal year 2023). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability16▼-13
Solvency32▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
7%
Return on assets
-4.5%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 09-10-2024, 70 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
not confirmed
2024
not filed
2023
70 d late
2022
318 d late
2021
347 d late
2020
242 d late
2019
125 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Equity
€722k▼ 38.8%
2022 · €1.18M
2018: €1.90M
2019: €1.71M
2020: €1.24M
2021: €1.31M
2022: €1.18M
2018 → 2023
Total assets
€10.25M▼ 3.5%
2022 · €10.62M
2018: €11.77M
2019: €9.60M
2020: €10.20M
2021: €10.31M
2022: €10.62M
2018 → 2023
Net result
€-458k▼ 248%
2022 · €-132k
2018: €27k
2019: €-195k
2020: €-477k
2021: €67k
2022: €-132k
2018 → 2023
Working capital
€-1.35M
2022 · €1.58M
2018: €-3.61M
2019: €2.41M
2020: €1.61M
2021: €1.73M
2022: €1.58M
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€1.71M-€1.24M▼ 27.1%€1.31M▲ 5.4%€1.18M▼ 10.0%€722k▼ 38.8%
Operating result€-82k-€-256k▼ 213%€227k€24k▼ 89.6%€-185k
Net result€-195k-€-477k▼ 145%€67k€-132k€-458k▼ 248%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €185k after €24k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €10.25M
Fixed assets
€6.72M ▲ 30.4%
Current assets
€3.53M ▼ 35.4%
Equity and liabilities €10.25M
Equity
€722k ▼ 38.8%
Provisions
€76k ▼ 6.5%
Debt
€9.45M ▲ 1.0%
Debt's share of the balance-sheet total rises from 88.1% to 92.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€82k▼
2022 · €245k
Cash flow
€-191k▼
2022 · €90k
Current ratio
0.72▼
2022 · 1.41
Quick ratio
0.62▼
2022 · 0.71
Debt to equity
13.10▲
2022 · 7.94
ROE
-63.4%▼
2022 · -11.2%
ROA
-4.5%▼
2022 · -1.2%
Interest coverage
0.33▼
2022 · 1.36
Debt ≤ 1 year
€4.88M▲
2022 · €3.89M
Debt > 1 year
€4.57M▼
2022 · €5.47M
Income taxes
€47k▲
2022 · €37
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 65 lines
Balance sheet
Code20222023
Assets
Total assets20/58€10.62M€10.25M▼
Fixed assets21/28€5.15M€6.72M▲
Intangible fixed assets21€412k€396k▼
Tangible fixed assets22/27€4.74M€6.32M▲
Land and buildings22€4.74M€6.32M▲
Financial fixed assets28€214€214=
Current assets29/58€5.47M€3.53M▼
Amounts receivable after more than one year29€1.43M€1.44M▲
Trade receivables290€1.43M€1.44M▲
Stocks and contracts in progress3€2.72M€485k▼
Stocks30/36€2.72M€485k▼
Amounts receivable within one year40/41€903k€1.20M▲
Trade receivables40€728k€957k▲
Other amounts receivable41€175k€243k▲
Cash at bank and in hand54/58€20k€4k▼
Deferred charges and accrued income490/1€400k€400k=
Equity and liabilities
Total equity and liabilities10/49€10.62M€10.25M▼
Equity10/15€1.18M€722k▼
Contributions10/11€188k€188k=
Capital10€188k€188k=
Issued capital100€300k€300k=
Uncalled capital101€112k€112k=
Revaluation surpluses12€512k€512k=
Reserves13€479k€463k▼
Non-distributable reserves130/1€30k€30k=
Legal reserve130€30k€30k=
Tax-exempt reserves132€242k€227k▼
Distributable reserves133€206k€206k=
Profit (loss) carried forward14-€-442k
Provisions and deferred taxes16€81k€76k▼
Deferred taxes168€81k€76k▼
Amounts payable17/49€9.36M€9.45M▲
Amounts payable after more than one year17€5.47M€4.57M▼
Financial debts170/4€5.33M€4.47M▼
Other amounts payable178/9€140k€98k▼
Amounts payable within one year42/48€3.89M€4.88M▲
Current portion of amounts payable after more than one year42€407k€488k▲
Financial debts43-€468k
Credit institutions430/8-€468k
Trade debts44€237k€427k▲
Suppliers440/4€237k€427k▲
Advances received on contracts in progress46€716k-
Taxes, remuneration and social security45€195k€634k▲
Taxes450/3€195k€634k▲
Other amounts payable47/48€2.34M€2.86M▲
Accrued charges and deferred income492/3€150-
Income statement
Code20222023
Non-recurring operating income76A€4k€34k▲
Remuneration, social security and pensions62€3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€222k€267k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-15k
Other operating charges640/8€56k€173k▲
Gross operating margin9900€304k€240k▼
Operating profit (loss)9901€24k€-185k▼
Financial income75/76B€19k€18k▼
Recurring financial income75€19k€18k▼
Financial charges65/66B€180k€249k▲
Recurring financial charges65€180k€249k▲
Profit (loss) for the period before taxes9903€-137k€-416k▼
Transfer from deferred taxes780€6k€5k▼
Income taxes67/77€37€47k▲
Profit (loss) for the period9904€-132k€-458k▼
Transfer from tax-exempt reserves789€18k€16k▼
Profit (loss) for the period to be appropriated9905€-114k€-442k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-114k€-442k▼
Transfer from equity791/2€114k-
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
19-08
State Gazette act
Registered officeRegistered-office move · Power of attorney3 facts ▸
State Gazette act
Registered office
Registered-office move · Power of attorney3 facts ▸
- General meeting, 30-01-2026
- Registered-office move, Sterrenwacht.143, 3550 Heusden-Zolder
- Power of attorney, KONSILANTO
2024
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 70 days late
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 318 days late
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 347 days late
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 242 days late
2021
31-12
Financial
Back to profitnet €67k
Net result €67k after 2 loss-making years.
2020
31-12
Financial
Weakest financial yearnet €-477k
Net result drops to €-477k, the lowest in the series; recovery starts the following year.
03-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 125 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 2.41
Current ratio from 0.58 to 2.41; short-term debt falls from €8.67M to €1.70M.
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 71 days late
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 122 days late
2017
12-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 134 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
14-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 75 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Heusden-Zolder · 1 establishment unit since 1989
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.
Sterrenwacht 1433550 Heusden-ZolderGround area
978 m²
Building footprint
1,018 m²
Volume, LiDAR
7,888 m³
Parcel 71462D0673/00D003, Flanders · tallest building 19.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
De Pits
since 19892.044.104.556
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71462D0673/00D003 | Flanders | 978 m² | 1 · 1,018 m² | 19.4 m · 3 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 10,294 EUR awarded · 10,294 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 10,294 EUR |
| 2024 | 1 | 10,294 EUR | 0 EUR |
Schemes
Erfgoedpremie voor beschermde monumenten en landschappen - standaardprocedure
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Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 4,336 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-06-1989
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68110Buying and selling of own real estate
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.