H.N.M.
ActiveH.N.M. has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €-3k. Equity is shrinking by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 93% of 18207 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability19▲+17
Solvency100▲+2
Growth34▲+2
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 7.47 against 4.6 in 2024; short-term debt: 12% and cash: 23% of total assets), and 12% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 →
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
88%
Return on assets
-6.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-3k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-03-2026, 122 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
122 d early
2024
41 d early
2023
8 d late
2022
22 d late
2021
54 d late
2020
60 d early
2019
31 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€314k▲ 4.0%
2022 · €302k
2022: €302k
2022 → 2025
EBIT margin
0.3%▲ 4.0pp
2022 · -3.7%
2022: -3.7%
2022 → 2025
Net result
€-3k▲ 61.7%
2024 · €-7k
2018: €5k
2019: €208
2020: €3k
2021: €-8k
2022: €-15k
2023: €-15k
2024: €-7k
2018 → 2025
Working capital
€31k▼ 18.3%
2024 · €38k
2018: €72k
2019: €74k
2020: €77k
2021: €71k
2022: €59k
2023: €45k
2024: €38k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€302k€314k
Equity€75k-€60k▼ 19.8%€45k▼ 25.6%€38k▼ 15.1%€35k▼ 6.8%
Operating result€-7k-€-11k▼ 54.8%€-15k▼ 36.0%€-5k▲ 67.5%€1k
Net result€-8k-€-15k▼ 96.1%€-15k▼ 3.4%€-7k▲ 56.2%€-3k▲ 61.7%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1k after a loss of €5k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40k
Fixed assets
€4k▲ 48.1%
Current assets
€36k▼ 26.2%
Equity and liabilities €40k
Equity
€35k▼ 6.8%
Debt
€5k▼ 64.8%
The debt ratio falls from 26.6% to 12.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2k▲
2024 · €-56
Cash flow
€-2k▼
2024 · €-2k
Solvency
88.0%▲
2024 · 73.4%
Current ratio
7.47▲
2024 · 4.60
Quick ratio
5.58▲
2024 · 3.26
Debt / equity
0.14▼
2024 · 0.36
ROE
-7.3%▲
2024 · -17.8%
ROA
-6.4%▲
2024 · -13.0%
Interest coverage
0.72▲
2024 · -0.03
Debt
€5k▼
2024 · €14k
Debt ≤ 1 year
€5k▼
2024 · €11k
Income taxes
€1k
Staff costs
€4k▼
2024 · €6k
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€52k€40k▼
Fixed assets21/28€3k€4k▲
Tangible fixed assets22/27€100€1k▲
Plant, machinery and equipment23-€1k
Other tangible fixed assets26€100-
Financial fixed assets28€3k€3k=
Current assets29/58€49k€36k▼
Stocks and contracts in progress3€14k€9k▼
Stocks30/36€14k€9k▼
Amounts receivable within one year40/41€32k€18k▼
Other amounts receivable41€32k€18k▼
Cash at bank and in hand54/58€3k€9k▲
Equity and liabilities
Total equity and liabilities10/49€52k€40k▼
Equity10/15€38k€35k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€18k€18k=
Non-distributable reserves130/1€18k€18k=
Reserves not available under the articles1311€18k€18k=
Profit (loss) carried forward14€2k€-701▼
Amounts payable17/49€14k€5k▼
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€11k€5k▼
Current portion of amounts payable after more than one year42€4k€3k▼
Trade debts44€5k-
Suppliers440/4€5k-
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3-€1k
Remuneration and social security454/9€1k€507▼
Income statement
Code20242025
Turnover70-€314k
Goods, raw materials, services and sundry goods60/61-€302k
Remuneration, social security and pensions62€6k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€618▼
Other operating charges640/8€7k€7k▼
Gross operating margin9900€13k€12k▼
Operating profit (loss)9901€-5k€1k▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-7k€-1k▲
Income taxes67/77-€1k
Profit (loss) for the period9904€-7k€-3k▲
Profit (loss) for the period to be appropriated9905€-7k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-701▼
Profit (loss) brought forward from the previous period14P€9k€2k▼
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
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 54 days late
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity quadruplescurrent ratio 49.12
Current ratio from 13.91 to 49.12; short-term debt falls from €6k to €2k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-12
Financial
Liquidity times 5current ratio 13.91
Current ratio from 2.92 to 13.91; short-term debt falls from €38k to €6k.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · 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
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, Brussel · 1 establishment unit since 1993
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.
Emile Bockstaellaan 2971020 BrusselGround area
62 m²
Building footprint
54 m²
Volume, LiDAR
772 m³
Parcel 21816C0231/00Y004, Brussels · tallest building 18.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
H.N.M. SPRL
since 19932.060.855.565
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816C0231/00Y004 | Brussels | 62 m² | 1 · 54 m² | 18.7 m · 5 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 siteBrussel2.060.855.565
Similar companies · same sector, comparable size
SPEED TEAM WINDOWS
BE 0806.265.582
Farciennes · Eq €35k
ARD Belgium
BE 0777.768.863
Hooglede · Eq €35k
LES ARTISANS CHAPES ET CARRELAGES
BE 0897.099.946
Saint-Nicolas · Eq €35k
DEV-MAN
BE 0840.501.139
Vilvoorde · Eq €35k
MAISON FRERES
BE 0461.441.767
Charleroi · Eq €36k
Of 1,720 companies in sector 47521 we hold annual accounts for 1,288. 586 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-01-1993
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47521Retail sale of hardware, building materials, paint and glass (general range)
52112
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.