H.G.N.
ActiveH.G.N. has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €229k and a net result of €2k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 66% of 26057 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
68
/ 100
Healthy▼ -11 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability3▼-35
Solvency96=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.99 against 3.24 in 2023), and 49.2% 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+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
11 d late
2023
37 d early
2022
53 d early
2021
54 d early
2020
13 d late
2019
4 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€229k▲ 0.7%
2023 · €227k
2018: €198k
2019: €199k
2020: €176k
2021: €230k
2022: €210k
2023: €227k
2018 → 2024
Total assets
€451k▲ 2.9%
2023 · €438k
2018: €453k
2019: €419k
2020: €395k
2021: €444k
2022: €473k
2023: €438k
2018 → 2024
Net result
€2k▼ 91.1%
2023 · €17k
2018: €18k
2019: €1k
2020: €-23k
2021: €53k
2022: €-19k
2023: €17k
2018 → 2024
Working capital
€300k▼ 0.8%
2023 · €303k
2018: €334k
2019: €316k
2020: €276k
2021: €316k
2022: €297k
2023: €303k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€176k-€230k▲ 30.1%€210k▼ 8.5%€227k▲ 8.2%€229k▲ 0.7%
Operating result€-19k-€58k€-13k€27k€11k▼ 58.9%
Net result€-23k-€53k€-19k€17k€2k▼ 91.1%
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 2024; 2024 is 59% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €451k
Fixed assets
€39=
Current assets
€451k▲ 2.9%
Equity and liabilities €451k
Equity
€229k▲ 0.7%
Debt
€222k▲ 5.4%
The debt ratio rises from 48.1% to 49.2%: debt grows faster than equity.
Key figures and ratios
Solvency
50.8%▼
2023 · 51.9%
Current ratio
2.99▼
2023 · 3.24
Quick ratio
0.31▲
2023 · 0.19
Debt / equity
0.97▲
2023 · 0.93
ROE
0.7%▼
2023 · 7.5%
ROA
0.3%▼
2023 · 3.9%
Debt
€222k▲
2023 · €211k
Debt ≤ 1 year
€151k▲
2023 · €135k
Debt > 1 year
€70k▼
2023 · €73k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€438k€451k▲
Fixed assets21/28€39€39=
Financial fixed assets28€39€39=
Current assets29/58€438k€451k▲
Stocks and contracts in progress3€412k€403k▼
Stocks30/36€412k€403k▼
Amounts receivable within one year40/41€22k€41k▲
Trade receivables40€21k€41k▲
Other amounts receivable41€543€543=
Cash at bank and in hand54/58€4k€6k▲
Deferred charges and accrued income490/1€199-
Equity and liabilities
Total equity and liabilities10/49€438k€451k▲
Equity10/15€227k€229k▲
Contributions10/11€300k€300k=
Capital10€300k€300k=
Issued capital100€300k€300k=
Reserves13€30k€30k=
Non-distributable reserves130/1€30k€30k=
Legal reserve130€30k€30k=
Profit (loss) carried forward14€-103k€-101k▲
Amounts payable17/49€211k€222k▲
Amounts payable after more than one year17€73k€70k▼
Other amounts payable178/9€73k€70k▼
Amounts payable within one year42/48€135k€151k▲
Financial debts43€82k€79k▼
Credit institutions430/8€82k€79k▼
Trade debts44€28k€51k▲
Suppliers440/4€28k€51k▲
Advances received on contracts in progress46€9k€6k▼
Taxes, remuneration and social security45€16k€14k▼
Taxes450/3€13k€12k▼
Remuneration and social security454/9€3k€2k▼
Other amounts payable47/48€363€279▼
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k-
Other operating charges640/8€395€287▼
Gross operating margin9900€28k€11k▼
Operating profit (loss)9901€27k€11k▼
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€9k€9k▼
Recurring financial charges65€9k€9k▼
Profit (loss) for the period before taxes9903€17k€2k▼
Profit (loss) for the period9904€17k€2k▼
Profit (loss) for the period to be appropriated9905€17k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-103k€-101k▲
Profit (loss) brought forward from the previous period14P€-120k€-103k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €53k
Net result €53k after one loss-making year.
31-12
Financial
Equity above €200kEq €230k ▲30.1%
Equity rises from €176k to €230k.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Weakest financial yearnet €-23k ▼1674%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 2 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 24 days late
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, Ukkel · 1 establishment unit since 1992
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.
Kersbeeklaan 3081180 UkkelGround area
2.1 ha
Building footprint
9,979 m²
Volume, LiDAR
743 m³
2 parcels, Brussels, Flanders · tallest building 13.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MARIE-BETH
since 19922.056.641.609
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23772B0096/00K000 | Flanders | 2.1 ha | 1 · 9,880 m² | - |
| 21616G0030/00T016 | Brussels | 342 m² | 1 · 99 m² | 13.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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STEVENS MEUBEL
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Riga De Wolf - Matthys
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Of 2,590 companies in sector 47551 we hold annual accounts for 1,703. 1,315 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-11-1991
Fiscal year end31-12
Activities, NACEBEL
47551Retail sale of household furniture
47591Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.