H & K SERVICES
InactiveH & K SERVICES was declared bankrupt on 12-10-2021 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 12-12-2023, published in the Belgian State Gazette on 19-12-2023.
Summary
Inactive; last annual accounts for fiscal year 2019.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 09-11-2020, 101 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
101 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2019, micro schema
Equity
€53k▲ 25.1%
2018 · €42k
2018: €42k
2018 → 2019
Total assets
€271k▲ 59.8%
2018 · €170k
2018: €170k
2018 → 2019
Net result
€11k▼ 10.5%
2018 · €12k
2018: €12k
2018 → 2019
Working capital
€64k▲ 77.5%
2018 · €36k
2018: €36k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€42k-€53k▲ 25.1%
Operating result€20k-€13k▼ 36.5%
Net result€12k-€11k▼ 10.5%
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 2019; 2019 is 36% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €271k
Fixed assets
€50k ▼ 40.1%
Current assets
€221k ▲ 157%
Equity and liabilities €271k
Equity
€53k ▲ 25.1%
Debt
€218k ▲ 71.4%
Debt's share of the balance-sheet total rises from 75.0% to 80.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€35k▼
2018 · €50k
Cash flow
€32k▼
2018 · €41k
Current ratio
1.41▼
2018 · 1.73
Debt to equity
1.05▼
2018 · 1.82
ROE
20.1%▼
2018 · 28.1%
ROA
3.9%▼
2018 · 7.0%
Debt ≤ 1 year
€157k▲
2018 · €50k
Debt > 1 year
€56k▼
2018 · €77k
Income taxes
€4k▼
2018 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2019 against 2018 · 25 lines
Balance sheet
Code20182019
Assets
Total assets20/58€170k€271k▲
Fixed assets21/28€84k€50k▼
Tangible fixed assets22/27€84k€50k▼
Financial fixed assets28€97€97=
Current assets29/58€86k€221k▲
Amounts receivable within one year40/41€79k€200k▲
Cash at bank and in hand54/58€5k€21k▲
Equity and liabilities
Total equity and liabilities10/49€170k€271k▲
Equity10/15€42k€53k▲
Contributions10/11€19k-
Reserves13€2k€2k=
Profit (loss) carried forward14€22k€33k▲
Amounts payable17/49€127k€218k▲
Amounts payable after more than one year17€77k€56k▼
Amounts payable within one year42/48€50k€157k▲
Trade debts44€23k€127k▲
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€22k▼
Gross operating margin9900€51k€45k▼
Operating profit (loss)9901€20k€13k▼
Recurring financial income75€3k€7k▲
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€17k€14k▼
Income taxes67/77€6k€4k▼
Profit (loss) for the period9904€12k€11k▼
Profit (loss) for the period to be appropriated9905€12k€11k▼
Timeline · acts, filings and financial milestones
2023
19-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · H&K SERVICES BV KEIZERSLAAN 10, 1000 BRUSSEL · event 12-12-2023
2021
19-10
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · H&K SERVICES BV KEIZERS- LAAN 10, 1000 BRUSSEL · event 12-10-2021
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
16-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 16 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
2013
29-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 29 days late
2012
24-09
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 55 days late
2011
12-09
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 43 days late
SignalNBB filing
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
12 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Ilse VAN DE MIEROP WOLSTRAAT 68-70,
1000 BRUSSEL 1 |
12-10-2021 → 12-12-2023 |