H.M.V.
ActiveThe computed 12-month bankruptcy probability of H.M.V. is 2.4% (moderate). The 2025 annual accounts show negative equity (€-67k) and a net result of €-79k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 3616 sector peers (fiscal year 2025). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
7
/ 100
Critical▼ -44 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency33▲+31
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.22 against 0.5 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-14.8%
Return on assets
-17.5%
Age of the figures
8 mo
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€67k
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 filingsDeviation from the deadline
2025
30 d late
2024
26 d late
2023
5 d early
2022
60 d late
2021
22 d late
2020
30 d late
2019
20 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 monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-67k
2024 · €14k
2018: €54k
2019: €31k
2020: €28k
2021: €28k
2022: €-25k
2023: €-21k
2024: €14k
2018 → 2025
Total assets
€452k▼ 7.8%
2024 · €490k
2018: €763k
2019: €696k
2020: €686k
2021: €682k
2022: €609k
2023: €549k
2024: €490k
2018 → 2025
Net result
€-79k
2024 · €37k
2018: €-19k
2019: €-21k
2020: €-818
2021: €2k
2022: €-51k
2023: €6k
2024: €37k
2018 → 2025
Working capital
€-136k▼ 193%
2024 · €-46k
2018: €11k
2019: €-9k
2020: €9k
2021: €-1k
2022: €-69k
2023: €-79k
2024: €-46k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€-25k€-21k▲ 14.6%€14k€-67k
Operating result€29k-€-33k€18k€48k▲ 163%€-68k
Net result€2k-€-51k€6k€37k▲ 565%€-79k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €68k after €48k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €452k
Fixed assets
€414k▼ 6.7%
Current assets
€38k▼ 18.6%
Key figures and ratios
EBITDA
€-10k▼
2024 · €104k
Cash flow
€-21k▼
2024 · €93k
Solvency
-14.8%▼
2024 · 2.9%
Current ratio
0.22▼
2024 · 0.50
Quick ratio
0.11▼
2024 · 0.29
Debt / equity
-7.72▼
2024 · 33.62
ROE
118.1%▼
2024 · 265.6%
ROA
-17.5%▼
2024 · 7.6%
Interest coverage
-0.76▼
2024 · 7.62
Debt
€515k▲
2024 · €472k
Debt ≤ 1 year
€174k▲
2024 · €93k
Debt > 1 year
€341k▼
2024 · €378k
Staff costs
€106k▲
2024 · €99k
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€490k€452k▼
Fixed assets21/28€443k€414k▼
Tangible fixed assets22/27€443k€414k▼
Land and buildings22€391k€352k▼
Plant, machinery and equipment23€27k€21k▼
Furniture and vehicles24€7k€5k▼
Other tangible fixed assets26€18k€35k▲
Financial fixed assets28€62€285▲
Current assets29/58€47k€38k▼
Stocks and contracts in progress3€19k€19k=
Stocks30/36€19k€19k=
Amounts receivable within one year40/41€9k€429▼
Trade receivables40€8k€429▼
Other amounts receivable41€908-
Cash at bank and in hand54/58€16k€16k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€490k€452k▼
Equity10/15€14k€-67k▼
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Revaluation surpluses12€107k€107k=
Reserves13€10k€10k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€-189k€-268k▼
Investment grants15€12k€10k▼
Provisions and deferred taxes16€4k€3k▼
Deferred taxes168€4k€3k▼
Amounts payable17/49€472k€515k▲
Amounts payable after more than one year17€378k€341k▼
Financial debts170/4€378k€341k▼
Amounts payable within one year42/48€93k€174k▲
Current portion of amounts payable after more than one year42€58k€62k▲
Financial debts43-€15k
Credit institutions430/8-€15k
Trade debts44€7k€31k▲
Suppliers440/4€7k€31k▲
Taxes, remuneration and social security45€19k€36k▲
Taxes450/3€10k€8k▼
Remuneration and social security454/9€9k€28k▲
Other amounts payable47/48€9k€30k▲
Accrued charges and deferred income492/3€966€400▼
Income statement
Code20242025
Non-recurring operating income76A€2k-
Remuneration, social security and pensions62€99k€106k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€58k▲
Other operating charges640/8€5k€5k▲
Non-recurring operating charges66A€1k-
Gross operating margin9900€208k€101k▼
Operating profit (loss)9901€48k€-68k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€14k€13k▼
Recurring financial charges65€14k€13k▼
Profit (loss) for the period before taxes9903€37k€-80k▼
Transfer from deferred taxes780€656€656=
Profit (loss) for the period9904€37k€-79k▼
Profit (loss) for the period to be appropriated9905€37k€-79k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-189k€-268k▼
Profit (loss) brought forward from the previous period14P€-226k€-189k▲
The notes to these accounts (11 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
31-12
Financial
Weakest financial yearnet €-79k ▼311%
Net result drops to €-79k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Highest result since 2018net €37k ▲565%
Operating result €48k, net result €37k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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 1998
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.
Diepestraat 101180 UkkelGround area
323 m²
Building footprint
202 m²
Volume, LiDAR
1,134 m³
Parcel 21614E0335/00L000, Brussels · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LE VENTRE SAINT GRIS
since 19982.086.845.627
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0335/00L000 | Brussels | 323 m² | 1 · 202 m² | 10.5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteUkkel2.086.845.627
Similar companies · same sector, comparable size
CHEZ VICTOR
BE 0691.551.701
Aarschot · Eq €14k
VIC
BE 0460.582.526
Durbuy · Eq €14k
LE PANORAMA
BE 0466.768.057
Houffalize · Eq €14k
HERMANS
BE 0472.139.085
Leopoldsburg · Eq €14k
McLiégeois
BE 0849.391.386
Messancy · Eq €14k
Of 20,231 companies in sector 56111 we hold annual accounts for 11,313. 7,890 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-04-1998
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
55522
56220Contract catering and other food service activities
56290Food and beverage service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 27 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.