H.N. TECH
ActiveSummary
H.N. TECH has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €35k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 26% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency49▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.36 in 2024; short-term debt: 76% and cash: 45.7% of total assets), and 76% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
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
24%
Return on assets
39.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
26 d late
2023
7 d early
2022
30 d late
2021
24 d late
2020
7 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€21k▲ 0.6%
2024 · €21k
2018: €17k
2019: €23k▲ +38.4% vs 2018highest in 8 years
2020: €16k▼ -30.9% vs 2019lowest in 8 years
2021: €17k▲ +9.9% vs 2020
2022: €19k▲ +9.6% vs 2021
2023: €20k▲ +2.9% vs 2022
2024: €21k▲ +6.8% vs 2023
2025: €21k▲ +0.6% vs 2024
2018 → 2025
Total assets
€88k▲ 12.8%
2024 · €78k
2018: €45k
2019: €68k▲ +52.1% vs 2018
2020: €34k▼ -49.4% vs 2019
2021: €34k▼ -1.2% vs 2020lowest in 8 years
2022: €70k▲ +104% vs 2021
2023: €72k▲ +3.1% vs 2022
2024: €78k▲ +8.8% vs 2023
2025: €88k▲ +12.8% vs 2024highest in 8 years
2018 → 2025
Net result
€35k▲ 64.6%
2024 · €21k
2018: €17k
2019: €26k▲ +56.8% vs 2018
2020: €19k▼ -28.4% vs 2019
2021: €6k▼ -70.3% vs 2020lowest in 8 years
2022: €17k▲ +198% vs 2021
2023: €14k▼ -18.7% vs 2022
2024: €21k▲ +57.4% vs 2023
2025: €35k▲ +64.6% vs 2024highest in 8 years
2018 → 2025
Working capital
€21k▲ 1.7%
2024 · €20k
2018: €17k
2019: €23k▲ +38.4% vs 2018highest in 8 years
2020: €16k▼ -30.9% vs 2019lowest in 8 years
2021: €17k▲ +9.9% vs 2020
2022: €18k▲ +2.6% vs 2021
2023: €19k▲ +5.4% vs 2022
2024: €20k▲ +7.4% vs 2023
2025: €21k▲ +1.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€19k▲ 9.6%€20k▲ 2.9%€21k▲ 6.8%€21k▲ 0.6%
2021: €17klowest in 5 years
2022: €19k▲ +9.6% vs 2021
2023: €20k▲ +2.9% vs 2022
2024: €21k▲ +6.8% vs 2023
2025: €21k▲ +0.6% vs 2024highest in 5 years
Operating result€5k-€28k▲ 434%€26k▼ 5.4%€26k▼ 1.5%€46k▲ 77.8%
2021: €5klowest in 5 years
2022: €28k▲ +434% vs 2021
2023: €26k▼ -5.4% vs 2022
2024: €26k▼ -1.5% vs 2023
2025: €46k▲ +77.8% vs 2024highest in 5 years
Net result€6k-€17k▲ 198%€14k▼ 18.7%€21k▲ 57.4%€35k▲ 64.6%
2021: €6klowest in 5 years
2022: €17k▲ +198% vs 2021
2023: €14k▼ -18.7% vs 2022
2024: €21k▲ +57.4% vs 2023
2025: €35k▲ +64.6% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 78% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88k
Fixed assets
€505 ▼ 30.7%
Current assets
€88k ▲ 13.2%
Equity and liabilities €88k
Equity
€21k ▲ 0.6%
Debt
€67k ▲ 17.2%
Debt's share of the balance-sheet total rises from 73.1% to 76.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€47k▲
2024 · €26k
Cash flow
€36k▲
2024 · €22k
Current ratio
1.31▼
2024 · 1.36
Debt to equity
3.16▲
2024 · 2.71
ROE
166.1%▲
2024 · 101.5%
ROA
39.9%▲
2024 · 27.3%
Interest coverage
57.50▲
2024 · 34.74
Debt ≤ 1 year
€67k▲
2024 · €57k
Income taxes
€12k▲
2024 · €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 · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€78k€88k▲
Fixed assets21/28€728€505▼
Tangible fixed assets22/27€728€505▼
Furniture and vehicles24€728€505▼
Current assets29/58€77k€88k▲
Amounts receivable within one year40/41€54k€47k▼
Trade receivables40€11k€652▼
Other amounts receivable41€43k€47k▲
Cash at bank and in hand54/58€24k€40k▲
Equity and liabilities
Total equity and liabilities10/49€78k€88k▲
Equity10/15€21k€21k▲
Contributions10/11€16k€16k=
Profit (loss) carried forward14€5k€5k▲
Amounts payable17/49€57k€67k▲
Amounts payable within one year42/48€57k€67k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€35k€30k▼
Taxes450/3€35k€26k▼
Remuneration and social security454/9-€4k
Other amounts payable47/48€20k€35k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€497€643▲
Other operating charges640/8€569€580▲
Gross operating margin9900€27k€47k▲
Operating profit (loss)9901€26k€46k▲
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€758€810▲
Recurring financial charges65€758€810▲
Profit (loss) for the period before taxes9903€28k€47k▲
Income taxes67/77€6k€12k▲
Profit (loss) for the period9904€21k€35k▲
Profit (loss) for the period to be appropriated9905€21k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€25k€40k▲
Profit (loss) brought forward from the previous period14P€4k€5k▲
Profit to be distributed694/7€20k€35k▲
Return on contributions (dividend)694€20k€35k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €51 | €420 | €497 | €643 | ▲ 29.4% |
| Other operating charges640/8 | €64 | €264 | €982 | €569 | €580 | ▲ 1.8% |
| Gross operating margin9900 | €5k | €28k | €28k | €27k | €47k | ▲ 75.3% |
| Operating profit (loss)9901 | €5k | €28k | €26k | €26k | €46k | ▲ 77.8% |
| Financial income75/76B | €667 | €2k | - | €2k | €2k | ▼ 11.1% |
| Recurring financial income75 | €667 | €2k | - | €2k | €2k | ▼ 11.1% |
| Financial charges65/66B | €252 | €315 | €249 | €758 | €810 | ▲ 6.9% |
| Recurring financial charges65 | €252 | €315 | €249 | €758 | €810 | ▲ 6.9% |
| Profit (loss) for the period before taxes9903 | €6k | €29k | €26k | €28k | €47k | ▲ 71.8% |
| Income taxes67/77 | - | €12k | €12k | €6k | €12k | ▲ 96.2% |
| Profit (loss) for the period9904 | €6k | €17k | €14k | €21k | €35k | ▲ 64.6% |
| Profit (loss) for the period to be appropriated9905 | €6k | €17k | €14k | €21k | €35k | ▲ 64.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €34k | €70k | €72k | €78k | €88k | ▲ 12.8% |
| Fixed assets21/28 | €0 | €1k | €789 | €728 | €505 | ▼ 30.7% |
| Tangible fixed assets22/27 | - | €1k | €789 | €728 | €505 | ▼ 30.7% |
| Furniture and vehicles24 | - | €1k | €789 | €728 | €505 | ▼ 30.7% |
| Current assets29/58 | €34k | €68k | €71k | €77k | €88k | ▲ 13.2% |
| Amounts receivable within one year40/41 | €14k | €57k | €50k | €54k | €47k | ▼ 12.0% |
| Trade receivables40 | €303 | €20k | €12k | €11k | €652 | ▼ 93.9% |
| Other amounts receivable41 | €14k | €37k | €39k | €43k | €47k | ▲ 8.6% |
| Cash at bank and in hand54/58 | €20k | €11k | €21k | €24k | €40k | ▲ 70.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €34k | €70k | €72k | €78k | €88k | ▲ 12.8% |
| Equity10/15 | €17k | €19k | €20k | €21k | €21k | ▲ 0.6% |
| Contributions10/11 | €13k | €16k | €16k | €16k | €16k | = |
| Capital10 | €13k | - | - | - | - | - |
| Issued capital100 | €19k | - | - | - | - | - |
| Uncalled capital101 | €6k | - | - | - | - | - |
| Reserves13 | €3k | - | - | - | - | - |
| Non-distributable reserves130/1 | €3k | - | - | - | - | - |
| Legal reserve130 | €3k | - | - | - | - | - |
| Profit (loss) carried forward14 | €1k | €3k | €4k | €5k | €5k | ▲ 2.4% |
| Amounts payable17/49 | €17k | €50k | €52k | €57k | €67k | ▲ 17.2% |
| Amounts payable within one year42/48 | €17k | €50k | €52k | €57k | €67k | ▲ 17.2% |
| Trade debts44 | €944 | €7k | €7k | €2k | €2k | ▲ 5.6% |
| Suppliers440/4 | €944 | €7k | €7k | €2k | €2k | ▲ 5.6% |
| Taxes, remuneration and social security45 | €13k | €29k | €32k | €35k | €30k | ▼ 14.8% |
| Taxes450/3 | €13k | €29k | €32k | €35k | €26k | ▼ 25.3% |
| Remuneration and social security454/9 | €0 | - | - | - | €4k | - |
| Other amounts payable47/48 | €3k | €15k | €13k | €20k | €35k | ▲ 75.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €17k | €14k | €21k | €35k | ▲ 64.6% |
| + Depreciation and write-downs630 | - | €51 | €420 | €497 | €643 | ▲ 29.4% |
| Operating cash flow (approximation) | €6k | €17k | €14k | €22k | €36k | ▲ 63.8% |
| Investment in fixed assets (approximation) | - | €-1k | €0 | €-436 | €-419 | ▲ 3.9% |
| Change in cash | - | €-9k | €10k | €3k | €17k | ▲ 435% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €35k ▲64.6%
Operating result €46k, net result €35k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Weakest financial yearnet €6k ▼70.3%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
07-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 7 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 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 · abbreviated schema · 30 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Kortenberg · 1 establishment unit since 2010
Ground area
1,199 m²
Building footprint
237 m²
Volume, LiDAR
1,465 m³
2 parcels, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Koningin Astridlaan 176, 1950 Kraainem
since 20102.190.545.654
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24055A0123/00B002 | Flanders | 1,097 m² | 1 · 136 m² | 8.7 m · 2 fl. |
| 22002B0037/00T000 | Flanders | 102 m² | 1 · 102 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 31,158 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded02-07-2010
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.