H-CORE Management
ActiveH-CORE Management has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87k and a net result of €21k. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 71% of 31544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91=
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.84 against 4.68 in 2024; short-term debt: 24.8% and cash: 53.2% of total assets), and 24.8% 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+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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
75.2%
Return on assets
18.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 14-10-2025, 109 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
109 d early
2024
25 d early
2023
48 d early
2022
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€87k▼ 20.1%
2024 · €109k
2022: €53k
2023: €87k
2024: €109k
2022 → 2025
Total assets
€116k▼ 7.9%
2024 · €126k
2022: €84k
2023: €106k
2024: €126k
2022 → 2025
Net result
€21k▼ 7.3%
2024 · €23k
2022: €55k
2023: €35k
2024: €23k
2022 → 2025
Working capital
€53k▼ 14.7%
2024 · €62k
2022: €46k
2023: €32k
2024: €62k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€53k-€87k▲ 63.9%€109k▲ 25.1%€87k▼ 20.1%
Operating result€77k-€49k▼ 36.2%€29k▼ 40.4%€27k▼ 8.1%
Net result€55k-€35k▼ 37.0%€23k▼ 34.7%€21k▼ 7.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 8% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116k
Fixed assets
€34k▼ 27.2%
Current assets
€82k▲ 3.6%
Equity and liabilities €116k
Equity
€87k▼ 20.1%
Debt
€29k▲ 71.0%
The debt ratio rises from 13.4% to 24.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€40k▼
2024 · €41k
Cash flow
€34k▼
2024 · €35k
Solvency
75.2%▼
2024 · 86.6%
Current ratio
2.84▼
2024 · 4.68
Quick ratio
2.84▼
2024 · 4.68
Debt / equity
0.33▲
2024 · 0.15
ROE
24.1%▲
2024 · 20.8%
ROA
18.1%▲
2024 · 18.0%
Interest coverage
567.59▼
2024 · 1055.25
Debt
€29k▲
2024 · €17k
Debt ≤ 1 year
€29k▲
2024 · €17k
Income taxes
€6k▼
2024 · €7k
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€126k€116k▼
Fixed assets21/28€47k€34k▼
Tangible fixed assets22/27€47k€34k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€44k€33k▼
Current assets29/58€79k€82k▲
Amounts receivable within one year40/41€9k€18k▲
Trade receivables40€9k€9k=
Other amounts receivable41-€9k
Cash at bank and in hand54/58€68k€62k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€126k€116k▼
Equity10/15€109k€87k▼
Contributions10/11€1k€1k=
Reserves13€86k€86k=
Distributable reserves133€86k€86k=
Profit (loss) carried forward14€22k-
Amounts payable17/49€17k€29k▲
Amounts payable within one year42/48€17k€29k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€12k€4k▼
Taxes450/3€12k€4k▼
Other amounts payable47/48€3k€22k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€64€544▲
Gross operating margin9900€41k€40k▼
Operating profit (loss)9901€29k€27k▼
Financial income75/76B€29€240▲
Recurring financial income75€29€240▲
Financial charges65/66B€39€70▲
Recurring financial charges65€39€70▲
Profit (loss) for the period before taxes9903€29k€27k▼
Income taxes67/77€7k€6k▼
Profit (loss) for the period9904€23k€21k▼
Profit (loss) for the period to be appropriated9905€23k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€43k▲
Profit (loss) brought forward from the previous period14P-€22k
Profit to be distributed694/7€833€43k▲
Return on contributions (dividend)694€833€43k▲
The notes to these accounts (4 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
2025
14-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €21k ▼7.3%
Net result drops to €21k, the lowest in the series.
06-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Equity above €100kEq €109k ▲25.1%
3 profitable years in a row build equity to €109k.
2023
14-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
09-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Haacht · 1 establishment unit since 2021
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.
Kerkeblok(WSP) 53150 HaachtGround area
1,710 m²
Building footprint
146 m²
Volume, LiDAR
24 m³
Parcel 24122B0213/00R002, Flanders · tallest building 1.9 m. Linked by address, not a title deed.
1 establishment unit
H-CORE Management
since 20212.315.942.108
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24122B0213/00R002 | Flanders | 1,710 m² | 1 · 146 m² | 1.9 m |
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.
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VariTech Consulting
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Of 82,518 companies in sector 70200 we hold annual accounts for 52,573. 40,354 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-04-2021
Fiscal year end30-06
Abbreviation NL
H-CORE
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
46180Agents specialised in the wholesale of other particular products
68310Real estate agency activities
68311Real estate activities
68321Property management for co-owned buildings (syndics)
68322Real estate activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.