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H²G

Active
Private limited companyfounded 200916 yrs activeHeidedreef 23, 1630 Linkebeek, BelgiumKBO/BCE: BE 0821.276.927

H²G has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €289k and a net result of €22k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 39% of 12708 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
79 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-8
Solvency70▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.0 in 2024; short-term debt: 8.5% and cash: 9.5% of total assets), but 55.3% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
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 2025
Solvency, return and age of the figures
Solvency
44.7%
Return on assets
3.4%
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 filings
Deviation from the deadline
2025
30 d late
2024
29 d late
2023
34 d late
2022
28 d late
2021
25 d late
2020
30 d late
2019
90 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 months
Position in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€289k▲ 8.3%
2024 · €267k
2018: €168k 2019: €166k 2020: €186k 2021: €203k 2022: €221k 2023: €225k 2024: €267k
2018 → 2025
Total assets
€647k▲ 0.6%
2024 · €644k
2018: €645k 2019: €632k 2020: €605k 2021: €584k 2022: €650k 2023: €652k 2024: €644k
2018 → 2025
Net result
€22k▼ 47.4%
2024 · €42k
2018: €23k 2019: €-2k 2020: €20k 2021: €18k 2022: €18k 2023: €4k 2024: €42k
2018 → 2025
Working capital
€38k
2024 · €-39
2018: €-42k 2019: €-27k 2020: €-44k 2021: €-45k 2022: €-34k 2023: €-35k 2024: €-39
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€203k-€221k▲ 8.8%€225k▲ 1.7%€267k▲ 18.8%€289k▲ 8.3%
Operating result€48k-€46k▼ 4.3%€27k▼ 41.3%€83k▲ 210%€51k▼ 38.9%
Net result€18k-€18k▼ 1.8%€4k▼ 78.8%€42k▲ 1,019%€22k▼ 47.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2021: €48k€48kNet result 2021: €18k€18kOperating result 2022: €46k€46kNet result 2022: €18k€18kOperating result 2023: €27k€27kNet result 2023: €4k€4kOperating result 2024: €83k€83kNet result 2024: €42k€42kOperating result 2025: €51k€51kNet result 2025: €22k€22k20212022202320242025
The operating result falls in 2025; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €647k
Fixed assets €555k▼ 2.7%
Current assets €93k▲ 25.4%
Equity and liabilities €647k
Equity €289k▲ 8.3%
Debt €358k▼ 4.9%
The debt ratio falls from 58.5% to 55.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€87k
2024 · €124k
Cash flow
€59k
2024 · €83k
Solvency
44.7%
2024 · 41.5%
Current ratio
1.68
2024 · 1.00
Quick ratio
1.68
2024 · 1.00
Debt / equity
1.24
2024 · 1.41
ROE
7.7%
2024 · 15.8%
ROA
3.4%
2024 · 6.6%
Interest coverage
5.56
2024 · 6.98
Debt
€358k
2024 · €377k
Debt ≤ 1 year
€55k
2024 · €74k
Debt > 1 year
€272k
2024 · €292k
Income taxes
€13k
2024 · €23k
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€644k€647k
Fixed assets21/28€570k€555k
Tangible fixed assets22/27€570k€555k
Land and buildings22€559k€543k
Furniture and vehicles24€11k€11k
Financial fixed assets28€50€50=
Current assets29/58€74k€93k
Amounts receivable within one year40/41€24k€23k
Trade receivables40€17k-
Other amounts receivable41€8k€23k
Cash at bank and in hand54/58€41k€61k
Deferred charges and accrued income490/1€8k€9k
Equity and liabilities
Total equity and liabilities10/49€644k€647k
Equity10/15€267k€289k
Contributions10/11€150k€150k=
Reserves13€116k€139k
Non-distributable reserves130/1€15k-
Reserves not available under the articles1311€15k-
Distributable reserves133€101k€139k
Profit (loss) carried forward14€574€574=
Amounts payable17/49€377k€358k
Amounts payable after more than one year17€292k€272k
Financial debts170/4€292k€272k
Amounts payable within one year42/48€74k€55k
Current portion of amounts payable after more than one year42€37k€22k
Trade debts44€5k€5k
Suppliers440/4€5k€5k
Taxes, remuneration and social security45€26k€22k
Taxes450/3€26k€22k
Remuneration and social security454/9€500-
Other amounts payable47/48€5k€6k
Accrued charges and deferred income492/3€11k€32k
Income statement Code20242025
Non-recurring operating income76A€295-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€37k
Other operating charges640/8€4k€3k
Non-recurring operating charges66A-€439
Gross operating margin9900€128k€91k
Operating profit (loss)9901€83k€51k
Financial income75/76B€131€390
Recurring financial income75€131€390
Financial charges65/66B€18k€16k
Recurring financial charges65€18k€16k
Profit (loss) for the period before taxes9903€66k€35k
Income taxes67/77€23k€13k
Profit (loss) for the period9904€42k€22k
Profit (loss) for the period to be appropriated9905€42k€22k
Appropriation of the result
Profit (loss) to be appropriated9906€43k€23k
Profit (loss) brought forward from the previous period14P€574€574=
Transfer to equity691/2€42k€22k
To other reserves6921€42k€22k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial Highest result since 2018net €42k ▲1019%
Operating result €83k, net result €42k, both a record.
03-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 34 days late
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
25-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial Equity above €200kEq €203k ▲9.3%
2 profitable years in a row build equity to €203k.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Back to profitnet €20k
Net result €20k after one loss-making year.
29-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial Weakest financial yearnet €-2k ▼109%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Linkebeek · 1 establishment unit since 2009
establishment The establishment unit on the map
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.

Heidedreef 231630 Linkebeek
Ground area
1,444 m²
Building footprint
134 m²
Volume, LiDAR
965 m³
Parcel 22003B0030/00A005, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
H²G
Heidedreef 23, 1630 LinkebeekActivities of bailiffs
since 20092.302.870.961
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22003B0030/00A005 Flanders 1,444 m² 1 · 134 m² 10.6 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.

Similar companies · same sector, comparable size

Of 1,020 companies in sector 69103 we hold annual accounts for 611. 469 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded09-12-2009
Fiscal year end31-12
Activities, NACEBEL
69103Activities of bailiffs
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.