H&F TELECOM
ActiveH&F TELECOM has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €155k and a net result of €12k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 88% of 969 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-15
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 6.72 against 10.62 in 2024), and 19.4% 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 · 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← 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
80.6%
Return on assets
6.3%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
26 d late
2023
19 d early
2022
2 d late
2021
46 d late
2020
35 d late
2019
11 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€155k▲ 8.5%
2024 · €142k
2018: €26k
2019: €47k
2020: €65k
2021: €99k
2022: €113k
2023: €127k
2024: €142k
2018 → 2025
Total assets
€192k▲ 14.5%
2024 · €168k
2018: €26k
2019: €72k
2020: €80k
2021: €128k
2022: €138k
2023: €157k
2024: €168k
2018 → 2025
Net result
€12k▼ 21.5%
2024 · €15k
2018: €3k
2019: €26k
2020: €18k
2021: €34k
2022: €14k
2023: €14k
2024: €15k
2018 → 2025
Working capital
€156k▲ 7.1%
2024 · €145k
2018: €19k
2019: €36k
2020: €63k
2021: €102k
2022: €120k
2023: €133k
2024: €145k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€99k-€113k▲ 13.8%€127k▲ 12.3%€142k▲ 12.2%€155k▲ 8.5%
Operating result€50k-€19k▼ 60.9%€20k▲ 1.4%€22k▲ 9.8%€14k▼ 34.4%
Net result€34k-€14k▼ 60.0%€14k▲ 1.3%€15k▲ 11.4%€12k▼ 21.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 34% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €192k
Fixed assets
€9k▲ 24.6%
Current assets
€183k▲ 14.0%
Equity and liabilities €192k
Equity
€155k▲ 8.5%
Provisions
€10k=
Debt
€27k▲ 80.3%
The debt ratio rises from 9.0% to 14.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€16k▼
2024 · €24k
Cash flow
€14k▼
2024 · €18k
Solvency
80.6%▼
2024 · 85.1%
Current ratio
6.72▼
2024 · 10.62
Quick ratio
6.72▼
2024 · 10.62
Debt / equity
0.18▲
2024 · 0.11
ROE
7.9%▼
2024 · 10.9%
ROA
6.3%▼
2024 · 9.2%
Interest coverage
367.69▼
2024 · 414.27
Debt
€27k▲
2024 · €15k
Debt ≤ 1 year
€27k▲
2024 · €15k
Income taxes
€5k▼
2024 · €6k
Staff costs
€54k▲
2024 · €38k
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€168k€192k▲
Fixed assets21/28€7k€9k▲
Tangible fixed assets22/27€7k€9k▲
Plant, machinery and equipment23€88€0▼
Furniture and vehicles24€7k€9k▲
Current assets29/58€160k€183k▲
Amounts receivable after more than one year29€143k€147k▲
Trade receivables290€143k€147k▲
Amounts receivable within one year40/41€8k€29k▲
Trade receivables40€7k€27k▲
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€7k€5k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€168k€192k▲
Equity10/15€142k€155k▲
Contributions10/11€6k€6k=
Reserves13€136k€148k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€9k€9k=
Distributable reserves133€125k€137k▲
Provisions and deferred taxes16€10k€10k=
Provisions for liabilities and charges160/5€10k€10k=
Other liabilities and charges164/5€10k€10k=
Amounts payable17/49€15k€27k▲
Amounts payable within one year42/48€15k€27k▲
Trade debts44€4k€9k▲
Suppliers440/4€4k€9k▲
Taxes, remuneration and social security45€11k€19k▲
Taxes450/3€7k€6k▼
Remuneration and social security454/9€4k€12k▲
Income statement
Code20242025
Remuneration, social security and pensions62€38k€54k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€426€0▼
Other operating charges640/8€431€622▲
Gross operating margin9900€63k€70k▲
Operating profit (loss)9901€22k€14k▼
Financial income75/76B€21€3k▲
Recurring financial income75€21€3k▲
Financial charges65/66B€58€44▼
Recurring financial charges65€58€44▼
Profit (loss) for the period before taxes9903€22k€17k▼
Income taxes67/77€6k€5k▼
Profit (loss) for the period9904€15k€12k▼
Profit (loss) for the period to be appropriated9905€15k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€12k▼
Transfer to equity691/2€15k€12k▼
To other reserves6921€15k€12k▼
The notes to these accounts (6 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Equity above €150kEq €155k ▲8.5%
8 profitable years in a row build equity to €155k.
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
11-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
30-09
Financial
Equity above €100kEq €113k ▲13.8%
5 profitable years in a row build equity to €113k.
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 46 days late
2021
30-09
Financial
Highest result since 2018net €34k ▲85.7%
Operating result €50k, net result €34k, both a record.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 35 days late
2020
30-09
Financial
Liquidity triplescurrent ratio 6.93
Current ratio from 2.40 to 6.93; short-term debt falls from €26k to €11k.
19-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Sint-Niklaas · 1 establishment unit since 2006
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.
Raapstraat 479100 Sint-NiklaasGround area
147 m²
Building footprint
101 m²
Volume, LiDAR
563 m³
Parcel 46447B0607/00L002, Flanders · tallest building 10.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
H&F Telecom
since 20062.156.201.221
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46447B0607/00L002 | Flanders | 147 m² | 1 · 101 m² | 10.6 m · 1 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
BE Infra
BE 0777.632.370
Sint-Niklaas · Eq €155k
BOATS DOMOTICA & CO
BE 0888.525.443
Schoten · Eq €156k
TATA COMMUNICATIONS (BELGIUM)
BE 0472.596.668
Sint-Joost-ten-Node · Eq €153k
SAZA CONSTRUCT
BE 0801.417.859
Gent · Eq €153k
THREE TECH
BE 0760.461.786
Ronse · Eq €152k
Of 1,805 companies in sector 42220 we hold annual accounts for 948. 688 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded14-08-2006
Fiscal year end30-09
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.