H&SC
ActiveH&SC has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €106k and a net result of €-78k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 34% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability5▼-36
Solvency40▼-8
Growth57=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.6 against 0.74 in 2024; short-term debt: 76.8% and cash: 1% of total assets), and 84.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 47
Relative position
BE, all sectors
reference
Sector 47
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
15.1%
Return on assets
-11.1%
Age of the figures
18 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
19202122232425
2019 to 2025 · latest year €-78k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
7 d early
2023
on the day
2022
39 d late
2021
2 d late
2020
30 d late
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€2.32M▲ 10.0%
2019 · €2.11M
2019: €2.11M
2019 → 2020
EBIT margin
3.2%▲ 1.4pp
2019 · 1.8%
2019: 1.8%
2019 → 2020
Net result
€-78k▼ 675%
2024 · €-10k
2019: €13k
2020: €37k
2021: €58k
2022: €41k
2023: €4k
2024: €-10k
2019 → 2025
Working capital
€-218k▼ 55.0%
2024 · €-140k
2019: €-207k
2020: €-188k
2021: €-221k
2022: €-122k
2023: €-130k
2024: €-140k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€148k-€189k▲ 27.6%€194k▲ 2.3%€184k▼ 5.2%€106k▼ 42.5%
Operating result€109k-€80k▼ 26.5%€22k▼ 72.5%€5k▼ 78.6%€-63k
Net result€58k-€41k▼ 29.6%€4k▼ 89.3%€-10k€-78k▼ 675%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €63k after €5k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €702k
Fixed assets
€381k▼ 9.6%
Current assets
€321k▼ 17.5%
Equity and liabilities €702k
Equity
€106k▼ 42.5%
Debt
€596k▼ 4.9%
The debt ratio rises from 77.3% to 84.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-22k▼
2024 · €45k
Cash flow
€-37k▼
2024 · €31k
Solvency
15.1%▼
2024 · 22.7%
Current ratio
0.60▼
2024 · 0.74
Quick ratio
0.43▼
2024 · 0.56
Debt / equity
5.64▲
2024 · 3.41
ROE
-73.8%▼
2024 · -5.5%
ROA
-11.1%▼
2024 · -1.2%
Interest coverage
-1.29▼
2024 · 2.82
Debt
€596k▼
2024 · €627k
Debt ≤ 1 year
€539k▲
2024 · €530k
Debt > 1 year
€57k▼
2024 · €97k
Staff costs
€93k▲
2024 · €84k
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€811k€702k▼
Fixed assets21/28€421k€381k▼
Tangible fixed assets22/27€421k€381k▼
Plant, machinery and equipment23€114k€87k▼
Other tangible fixed assets26€307k€294k▼
Financial fixed assets28€100€100=
Current assets29/58€390k€321k▼
Stocks and contracts in progress3€91k€88k▼
Stocks30/36€91k€88k▼
Amounts receivable within one year40/41€277k€222k▼
Trade receivables40€53k€13k▼
Other amounts receivable41€224k€209k▼
Current investments50/53€1€1=
Cash at bank and in hand54/58€4k€7k▲
Deferred charges and accrued income490/1€17k€5k▼
Equity and liabilities
Total equity and liabilities10/49€811k€702k▼
Equity10/15€184k€106k▼
Contributions10/11€65k€65k=
Reserves13€103k€103k=
Distributable reserves133€103k€103k=
Profit (loss) carried forward14€15k€-63k▼
Amounts payable17/49€627k€596k▼
Amounts payable after more than one year17€97k€57k▼
Financial debts170/4€97k€57k▼
Amounts payable within one year42/48€530k€539k▲
Current portion of amounts payable after more than one year42€117k€134k▲
Trade debts44€259k€249k▼
Suppliers440/4€259k€249k▼
Taxes, remuneration and social security45€42k€45k▲
Taxes450/3€22k€22k▼
Remuneration and social security454/9€20k€23k▲
Other amounts payable47/48€112k€110k▼
Income statement
Code20242025
Non-recurring operating income76A€7k-
Remuneration, social security and pensions62€84k€93k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€41k=
Other operating charges640/8€3k€5k▲
Gross operating margin9900€132k€76k▼
Operating profit (loss)9901€5k€-63k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€16k€17k▲
Recurring financial charges65€16k€17k▲
Profit (loss) for the period before taxes9903€-10k€-78k▼
Income taxes67/77€78-
Profit (loss) for the period9904€-10k€-78k▼
Profit (loss) for the period to be appropriated9905€-10k€-78k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€-63k▼
Profit (loss) brought forward from the previous period14P€25k€15k▼
The notes to these accounts (8 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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-78k
Net result drops to €-78k, the lowest in the series.
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
09-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 39 days late
31-03
Financial
Equity above €150kEq €189k ▲27.6%
4 profitable years in a row build equity to €189k.
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
31-03
Financial
Highest result since 2019net €58k ▲56.1%
Operating result €109k, net result €58k, both a record.
31-03
Financial
Equity above €100kEq €148k ▲64.5%
3 profitable years in a row build equity to €148k.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
21-09
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
5 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, Turnhout · 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.
Graatakker 79/72300 TurnhoutGround area
874 m²
Building footprint
268 m²
Volume, LiDAR
2,676 m³
Parcel 13452N0012/00G000, Flanders · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Carrefour Express
since 20102.185.981.310
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13452N0012/00G000 | Flanders | 874 m² | 1 · 268 m² | 14.4 m · 4 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.
Similar companies · same sector, comparable size
BRUSEL
BE 0453.192.314
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CYDNUS AMORIUM
BE 0537.243.111
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LA FEUILLE DE CHOU
BE 0449.965.479
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DE BLADWIJZER
BE 0870.393.965
Harelbeke · Eq €105k
LA PAPETERIE
BE 0450.463.347
Waremme · Eq €105k
Of 2,348 companies in sector 47621 we hold annual accounts for 1,246. 1,092 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-05-2009
Fiscal year end31-03
Activities, NACEBEL
47620Retail trade
47621Retail sale of newspapers and periodicals
46389Wholesale of other food products
46491Wholesale trade
46492Wholesale trade
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47610Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.