H T R
ActiveH T R has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €-2k. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 60% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▼-16
Solvency68▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.19 against 0.26 in 2024; short-term debt: 57.1% and cash: 7.2% of total assets), and 57.1% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
42.9%
Return on assets
-1.5%
Age of the figures
9 mo
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
4 d early
2023
20 d late
2022
21 d early
2021
3 d early
2020
19 d late
2019
26 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
Equity
€45k▼ 3.5%
2024 · €47k
2018: €18k
2019: €19k
2020: €3k
2021: €15k
2022: €18k
2023: €37k
2024: €47k
2018 → 2025
Total assets
€105k▼ 11.4%
2024 · €118k
2018: €193k
2019: €203k
2020: €164k
2021: €177k
2022: €156k
2023: €117k
2024: €118k
2018 → 2025
Net result
€-2k
2024 · €10k
2018: €-2k
2019: €654
2020: €-15k
2021: €12k
2022: €3k
2023: €18k
2024: €10k
2018 → 2025
Working capital
€-48k▲ 8.9%
2024 · €-53k
2018: €-7k
2019: €-16k
2020: €-40k
2021: €-61k
2022: €-61k
2023: €-67k
2024: €-53k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€15k-€18k▲ 22.0%€37k▲ 99.8%€47k▲ 26.5%€45k▼ 3.5%
Operating result€13k-€7k▼ 47.3%€25k▲ 270%€15k▼ 42.4%€4k▼ 75.6%
Net result€12k-€3k▼ 71.4%€18k▲ 454%€10k▼ 47.0%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 76% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €105k
Fixed assets
€94k▼ 6.4%
Current assets
€11k▼ 38.4%
Equity and liabilities €105k
Equity
€45k▼ 3.5%
Debt
€60k▼ 16.5%
The debt ratio falls from 60.6% to 57.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€10k▼
2024 · €21k
Cash flow
€5k▼
2024 · €16k
Solvency
42.9%▲
2024 · 39.4%
Current ratio
0.19▼
2024 · 0.26
Quick ratio
0.19▼
2024 · 0.26
Debt / equity
1.33▼
2024 · 1.54
ROE
-3.6%▼
2024 · 20.9%
ROA
-1.5%▼
2024 · 8.3%
Interest coverage
5.49▼
2024 · 21.51
Debt
€60k▼
2024 · €72k
Debt ≤ 1 year
€60k▼
2024 · €72k
Income taxes
€3k▼
2024 · €4k
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€118k€105k▼
Fixed assets21/28€100k€94k▼
Tangible fixed assets22/27€100k€93k▼
Land and buildings22€95k€90k▼
Furniture and vehicles24€2k€1k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€200€200=
Current assets29/58€19k€11k▼
Amounts receivable within one year40/41-€1k
Other amounts receivable41-€1k
Cash at bank and in hand54/58€15k€8k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€118k€105k▼
Equity10/15€47k€45k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€26k€25k▼
Amounts payable17/49€72k€60k▼
Amounts payable within one year42/48€72k€60k▼
Trade debts44€28k€20k▼
Suppliers440/4€28k€20k▼
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€7k€6k▼
Remuneration and social security454/9€1k€3k▲
Other amounts payable47/48€37k€32k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€93€100▲
Gross operating margin9900€24k€12k▼
Operating profit (loss)9901€15k€4k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€980€2k▲
Recurring financial charges65€980€2k▲
Profit (loss) for the period before taxes9903€14k€2k▼
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€10k€-2k▼
Profit (loss) for the period to be appropriated9905€10k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€25k▼
Profit (loss) brought forward from the previous period14P€16k€26k▲
The notes to these accounts (7 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Highest result since 2018net €18k ▲454%
Operating result €25k, net result €18k, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-12
Financial
Weakest financial yearnet €-15k ▼2436%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial
Back to profitnet €654
Net result €654 after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
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, Watermaal-Bosvoorde · 1 establishment unit since 1994
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.
Karrenberg 371170 Watermaal-BosvoordeGround area
176 m²
Building footprint
75 m²
Volume, LiDAR
548 m³
Parcel 21652E0144/00S002, Brussels · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Karrenberg 37, 1170 Watermaal-Bosvoorde
since 19942.066.453.653
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0144/00S002 | Brussels | 176 m² | 1 · 75 m² | 10.8 m · 3 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.
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DUSSART & PARTNERS
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JOOD TRADING
BE 0628.758.255
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AMDG CONSULTS
BE 1032.058.917
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IDEPA
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Of 11,749 companies in sector 68310 we hold annual accounts for 6,907. 4,794 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-03-1994
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
74401
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 32 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.