H-MANAGEMENT
ActiveH-MANAGEMENT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €381k and a net result of €82k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 59% of 31697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+8
Solvency90▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.5 against 2.15 in 2024; short-term debt: 34.5% and cash: 24.1% of total assets), and 34.7% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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 2025Solvency, return and age of the figures
Solvency
65.3%
Return on assets
14.1%
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 dateAge against the risk zone
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-05-2026, 4 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
4 d late
2024
1 d early
2023
14 d early
2022
52 d early
2021
60 d early
2020
37 d early
2019
35 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 monthsPosition in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€381k▼ 19.5%
2024 · €474k
2018: €375k
2019: €420k
2020: €452k
2021: €497k
2022: €545k
2023: €501k
2024: €474k
2018 → 2025
Total assets
€584k▼ 10.7%
2024 · €653k
2018: €549k
2019: €627k
2020: €609k
2021: €602k
2022: €612k
2023: €655k
2024: €653k
2018 → 2025
Net result
€82k▼ 22.4%
2024 · €106k
2018: €51k
2019: €46k
2020: €38k
2021: €51k
2022: €48k
2023: €52k
2024: €106k
2018 → 2025
Working capital
€101k▼ 50.7%
2024 · €205k
2018: €102k
2019: €109k
2020: €115k
2021: €169k
2022: €252k
2023: €233k
2024: €205k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€497k-€545k▲ 9.6%€501k▼ 8.1%€474k▼ 5.4%€381k▼ 19.5%
Operating result€62k-€70k▲ 12.4%€91k▲ 30.2%€125k▲ 38.1%€111k▼ 11.3%
Net result€51k-€48k▼ 6.6%€52k▲ 8.2%€106k▲ 105%€82k▼ 22.4%
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 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €584k
Fixed assets
€281k▲ 4.2%
Current assets
€302k▼ 21.1%
Equity and liabilities €584k
Equity
€381k▼ 19.5%
Provisions
€1k=
Debt
€201k▲ 12.7%
The debt ratio rises from 27.3% to 34.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€131k▼
2024 · €143k
Cash flow
€102k▼
2024 · €124k
Solvency
65.3%▼
2024 · 72.5%
Current ratio
1.50▼
2024 · 2.15
Quick ratio
1.50▼
2024 · 2.15
Debt / equity
0.53▲
2024 · 0.38
ROE
21.6%▼
2024 · 22.4%
ROA
14.1%▼
2024 · 16.2%
Interest coverage
1000.10▲
2024 · -73.20
Debt
€201k▲
2024 · €179k
Debt ≤ 1 year
€201k▲
2024 · €179k
Income taxes
€35k▼
2024 · €49k
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€653k€584k▼
Fixed assets21/28€270k€281k▲
Tangible fixed assets22/27€269k€280k▲
Land and buildings22€257k€245k▼
Plant, machinery and equipment23€1k€3k▲
Furniture and vehicles24€11k€32k▲
Financial fixed assets28€1k€1k=
Current assets29/58€383k€302k▼
Amounts receivable within one year40/41€23k€26k▲
Trade receivables40€23k€26k▲
Other amounts receivable41€9€19▲
Current investments50/53€258k€134k▼
Cash at bank and in hand54/58€100k€141k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€653k€584k▼
Equity10/15€474k€381k▼
Contributions10/11€50k€50k=
Reserves13€422k€329k▼
Distributable reserves133€422k€329k▼
Profit (loss) carried forward14€2k€2k=
Provisions and deferred taxes16€1k€1k=
Provisions for liabilities and charges160/5€1k€1k=
Environmental obligations163€0-
Other liabilities and charges164/5€1k€1k=
Amounts payable17/49€179k€201k▲
Amounts payable within one year42/48€179k€201k▲
Trade debts44€3k€8k▲
Suppliers440/4€3k€8k▲
Taxes, remuneration and social security45€39k€27k▼
Taxes450/3€39k€27k▼
Other amounts payable47/48€136k€166k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€20k▲
Other operating charges640/8€5k€5k▲
Gross operating margin9900€148k€136k▼
Operating profit (loss)9901€125k€111k▼
Financial income75/76B€28k€6k▼
Recurring financial income75€28k€6k▼
Financial charges65/66B€-2k€131▲
Recurring financial charges65€-2k€131▲
Profit (loss) for the period before taxes9903€155k€117k▼
Income taxes67/77€49k€35k▼
Profit (loss) for the period9904€106k€82k▼
Profit (loss) for the period to be appropriated9905€106k€82k▼
Appropriation of the result
Profit (loss) to be appropriated9906€108k€84k▼
Profit (loss) brought forward from the previous period14P€2k€2k=
Transfer from equity791/2€130k€168k▲
Transfer to equity691/2€103k€75k▼
To other reserves6921€103k€75k▼
Profit to be distributed694/7€133k€175k▲
Return on contributions (dividend)694€133k€168k▲
Directors or managers695-€7k
The notes to these accounts (9 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
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €106k ▲105%
Operating result €125k, net result €106k, both a record.
16-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €500kEq €545k ▲9.6%
5 profitable years in a row build equity to €545k.
01-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €38k ▼17.1%
Net result drops to €38k, the lowest in the series; recovery starts the following year.
26-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-01
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
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, Stekene · 1 establishment unit since 2010
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.
Voorhout(STE) 1079190 StekeneGround area
2,672 m²
Building footprint
203 m²
Volume, LiDAR
1,249 m³
Parcel 46011A1589/00G000, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
H-Management
since 20102.185.127.116
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46011A1589/00G000 | Flanders | 2,672 m² | 1 · 203 m² | 10.8 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
Legal Entity Identifier
875500DSM5X9Z4G0YV34
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ASCEND SOLUTIONS
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 36,670 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-01-2010
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.