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H²&IT - Projects

Active
Private limited company (pre-2019)founded 201412 yrs activeEdingsesteenweg 202, 9402 Ninove, BelgiumKBO/BCE: BE 0560.706.421

H²&IT - Projects has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €62k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 25% of 3478 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
74 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency42▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.92 in 2024; short-term debt: 78.5% and cash: 43.1% of total assets), and 82.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
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
17.2%
Return on assets
52.2%
Age of the figures
12 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 12 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 3478 sector peers (2025).
NBB · sector comparison
Position among 3478 sector peers
Solvency
better than 25%
← weakest strongest →
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 02-12-2025, 149 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
149 d early
2024
44 d early
2023
35 d early
2022
90 d early
2021
102 d early
2020
64 d early
2019
111 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 months
Position in the running window
21-09-2026 today30-09-2026 close30-04-2027 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
€20k=
2024 · €20k
2018: €119k 2019: €20k 2020: €20k 2021: €20k 2022: €20k 2023: €28k 2024: €20k
2018 → 2025
Total assets
€119k▼ 15.2%
2024 · €141k
2018: €140k 2019: €105k 2020: €98k 2021: €104k 2022: €112k 2023: €162k 2024: €141k
2018 → 2025
Net result
€62k▼ 0.1%
2024 · €62k
2018: €10k 2019: €66k 2020: €66k 2021: €63k 2022: €65k 2023: €64k 2024: €62k
2018 → 2025
Working capital
€-8k▲ 1.6%
2024 · €-8k
2018: €100k 2019: €7k 2020: €11k 2021: €13k 2022: €15k 2023: €2k 2024: €-8k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€20k-€20k=€28k▲ 34.7%€20k▼ 25.8%€20k=
Operating result€80k-€83k▲ 3.4%€83k▼ 0.1%€81k▼ 2.2%€81k▼ 0.2%
Net result€63k-€65k▲ 3.2%€64k▼ 0.2%€62k▼ 3.2%€62k▼ 0.1%
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: €80k€80kNet result 2021: €63k€63kOperating result 2022: €83k€83kNet result 2022: €65k€65kOperating result 2023: €83k€83kNet result 2023: €64k€64kOperating result 2024: €81k€81kNet result 2024: €62k€62kOperating result 2025: €81k€81kNet result 2025: €62k€62k20212022202320242025
The operating result has fallen three years in a row; 2025 is 0% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119k
Fixed assets €33k▼ 27.2%
Current assets €86k▼ 9.4%
Equity and liabilities €119k
Equity €20k=
Debt €99k▼ 17.8%
The debt ratio falls from 85.4% to 82.8%. Debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€94k
2024 · €93k
Cash flow
€75k
2024 · €75k
Solvency
17.2%
2024 · 14.6%
Current ratio
0.92
2024 · 0.92
Quick ratio
0.92
2024 · 0.92
Debt / equity
4.83
2024 · 5.87
ROE
304.2%
2024 · 304.5%
ROA
52.2%
2024 · 44.3%
Interest coverage
141.77
2024 · 110.33
Debt
€99k
2024 · €120k
Debt ≤ 1 year
€94k
2024 · €103k
Debt > 1 year
€5k
2024 · €18k
Income taxes
€18k
2024 · €18k
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€141k€119k
Fixed assets21/28€46k€33k
Tangible fixed assets22/27€46k€33k
Plant, machinery and equipment23€579€125
Furniture and vehicles24€37k€26k
Other tangible fixed assets26€8k€7k
Current assets29/58€95k€86k
Amounts receivable within one year40/41€20k€24k
Trade receivables40€18k€22k
Other amounts receivable41€2k€2k
Cash at bank and in hand54/58€62k€51k
Deferred charges and accrued income490/1€13k€11k
Equity and liabilities
Total equity and liabilities10/49€141k€119k
Equity10/15€20k€20k=
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€79€79=
Amounts payable17/49€120k€99k
Amounts payable after more than one year17€18k€5k
Financial debts170/4€18k€5k
Amounts payable within one year42/48€103k€94k
Current portion of amounts payable after more than one year42€12k€12k
Trade debts44€2k€3k
Suppliers440/4€2k€3k
Taxes, remuneration and social security45€12k€11k
Taxes450/3€12k€11k
Other amounts payable47/48€77k€68k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k
Other operating charges640/8€2k€2k
Non-recurring operating charges66A€566-
Gross operating margin9900€96k€95k
Operating profit (loss)9901€81k€81k
Financial income75/76B€1€0
Recurring financial income75€1€0
Financial charges65/66B€847€660
Recurring financial charges65€847€660
Profit (loss) for the period before taxes9903€80k€80k=
Income taxes67/77€18k€18k
Profit (loss) for the period9904€62k€62k
Profit (loss) for the period to be appropriated9905€62k€62k
Appropriation of the result
Profit (loss) to be appropriated9906€69k€62k
Profit (loss) brought forward from the previous period14P€7k-
Profit to be distributed694/7€69k€62k
Return on contributions (dividend)694€69k€62k

The notes to these accounts (5 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 30-04-2027
2025
02-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
17-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
18-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
25-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
10-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Highest result since 2018net €66k ▲559%
Net result €66k, the highest in the series.
21-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
16-03
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
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, Ninove · 1 establishment unit since 2014
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.

Edingsesteenweg 2029402 Ninove
Ground area
900 m²
Building footprint
173 m²
Volume, LiDAR
1,203 m³
Parcel 41038A0601/00Y002, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
H²&IT-projects
Edingsesteenweg 202, 9402 NinoveBusiness consulting
since 20142.234.403.413
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41038A0601/00Y002 Flanders 900 m² 1 · 173 m² 9.0 m · 2 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 4,530 companies in sector 74301 we hold annual accounts for 719. 558 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded26-08-2014
Fiscal year end30-09
Activities, NACEBEL
74300Other professional, scientific and technical activities
74301Translation services
62020IT consultancy
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82190Office administrative, office support and other business support activities
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.