H.O.P.
ActiveSummary
H.O.P. has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €117k and a net result of €42k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 39% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+7
Solvency62▲+11
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.16 in 2024; short-term debt: 47.9% and cash: 34.5% of total assets), and 63% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
37%
Return on assets
13.4%
Age of the figures
9 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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
8 d early
2023
29 d late
2022
29 d late
2021
26 d late
2020
27 d late
2019
24 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€117k▲ 24.1%
2024 · €94k
2018: €81k
2019: €99k
2020: €119k
2021: €106k
2022: €83k
2023: €87k
2024: €94k
2018 → 2025
Total assets
€317k▼ 11.1%
2024 · €356k
2018: €177k
2019: €296k
2020: €326k
2021: €282k
2022: €272k
2023: €265k
2024: €356k
2018 → 2025
Net result
€42k▲ 69.6%
2024 · €25k
2018: €37k
2019: €18k
2020: €20k
2021: €-13k
2022: €-23k
2023: €4k
2024: €25k
2018 → 2025
Working capital
€58k▲ 96.2%
2024 · €29k
2018: €55k
2019: €59k
2020: €57k
2021: €71k
2022: €43k
2023: €48k
2024: €29k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€106k-€83k▼ 21.7%€87k▲ 4.8%€94k▲ 8.6%€117k▲ 24.1%
Operating result€13k-€-22k€17k€49k▲ 183%€65k▲ 32.2%
Net result€-13k-€-23k▼ 82.4%€4k€25k▲ 533%€42k▲ 69.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 32% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €317k
Fixed assets
€107k ▼ 24.9%
Current assets
€209k ▼ 1.9%
Equity and liabilities €317k
Equity
€117k ▲ 24.1%
Debt
€200k ▼ 23.8%
Debt's share of the balance-sheet total falls from 73.5% to 63.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€110k▲
2024 · €90k
Cash flow
€87k▲
2024 · €66k
Current ratio
1.38▲
2024 · 1.16
Debt to equity
1.70▼
2024 · 2.77
ROE
36.2%▲
2024 · 26.5%
ROA
13.4%▲
2024 · 7.0%
Interest coverage
21.39▲
2024 · 16.70
Debt ≤ 1 year
€152k▼
2024 · €184k
Debt > 1 year
€46k▼
2024 · €76k
Income taxes
€18k▼
2024 · €19k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€356k€317k▼
Fixed assets21/28€143k€107k▼
Tangible fixed assets22/27€142k€107k▼
Land and buildings22€13k€15k▲
Plant, machinery and equipment23€19k€13k▼
Furniture and vehicles24€110k€80k▼
Financial fixed assets28€256€256=
Current assets29/58€213k€209k▼
Amounts receivable within one year40/41€155k€92k▼
Trade receivables40€132k€77k▼
Other amounts receivable41€23k€15k▼
Cash at bank and in hand54/58€50k€109k▲
Deferred charges and accrued income490/1€8k€8k▼
Equity and liabilities
Total equity and liabilities10/49€356k€317k▼
Equity10/15€94k€117k▲
Contributions10/11€6k€6k=
Reserves13€88k€111k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€88k€111k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€262k€200k▼
Amounts payable after more than one year17€76k€46k▼
Financial debts170/4€76k€46k▼
Amounts payable within one year42/48€184k€152k▼
Current portion of amounts payable after more than one year42€30k€36k▲
Trade debts44€105k€61k▼
Suppliers440/4€105k€61k▼
Taxes, remuneration and social security45€16k€22k▲
Taxes450/3€15k€20k▲
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€33k€32k▼
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€45k▲
Other operating charges640/8€4k€4k▼
Non-recurring operating charges66A€4k€0▼
Gross operating margin9900€98k€114k▲
Operating profit (loss)9901€49k€65k▲
Financial income75/76B€497€861▲
Recurring financial income75€497€861▲
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€44k€61k▲
Income taxes67/77€19k€18k▼
Profit (loss) for the period9904€25k€42k▲
Profit (loss) for the period to be appropriated9905€25k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€25k€42k▲
Transfer from equity791/2€18k€20k▲
Transfer to equity691/2€25k€42k▲
To other reserves6921€25k€42k▲
Profit to be distributed694/7€18k€20k▲
Return on contributions (dividend)694€18k€20k▲
The notes to these accounts (14 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €42k ▲69.6%
Operating result €65k, net result €42k, both a record.
31-12
Financial
Equity above €100kEq €117k ▲24.1%
3 profitable years in a row build equity to €117k.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Equity above €100kEq €119k ▲19.8%
3 profitable years in a row build equity to €119k.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Wortegem-Petegem · 1 establishment unit since 2014
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.
Kleistraat (W.) 179790 Wortegem-PetegemGround area
3,043 m²
Building footprint
232 m²
Volume, LiDAR
1,297 m³
Parcel 45055A0298/00B000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
H.O.P. BV
since 20142.227.425.747
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45055A0298/00B000 | Flanders | 3,043 m² | 1 · 232 m² | 8.1 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 siteWortegem-Petegem2.227.425.747
Similar companies · same sector, comparable size
Nuyts
BE 0701.636.632
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H2O PLOMBERIE CHAUFFAGE
BE 0806.555.988
Rixensart · Eq €117,225
Ets MW
BE 0758.594.933
Gembloux · Eq €116,985
SANITEC
BE 0467.110.131
Wichelen · Eq €116,912
GERT JANSSENS & ZN
BE 0467.980.656
Beveren-Kruibeke-Zwijndrecht · Eq €116,905
Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 3,042 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43211General electrical installation work
43240Other construction installation
43410Roofing work
46130Agents in the wholesale of timber and building materials
55203Holiday cottages, homes and apartments
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@geerthostetechnieken.be