H2πR
ActiveH2πR has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €5k. Equity is shrinking by ~28.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 6% of 12632 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+74
Solvency22▼-1
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.43 against 1.46 in 2024), and 98.4% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
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
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
1.6%
Return on assets
3%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 12632 sector peers (2025).
NBB · sector comparisonPosition among 12632 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
228 d late
2023
31 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
91 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 31.6%
2024 · €4k
2018: €33k
2019: €44k
2020: €35k
2021: €25k
2022: €20k
2023: €4k
2024: €4k
2018 → 2025
Total assets
€182k▼ 23.8%
2024 · €239k
2018: €255k
2019: €300k
2020: €272k
2021: €268k
2022: €231k
2023: €219k
2024: €239k
2018 → 2025
Net result
€5k▲ 2,282%
2024 · €226
2018: €56k
2019: €16k
2020: €3k
2021: €6k
2022: €27k
2023: €1k
2024: €226
2018 → 2025
Working capital
€53k▼ 24.3%
2024 · €70k
2018: €-65k
2019: €-9k
2020: €-18k
2021: €-9k
2022: €-12k
2023: €-4k
2024: €70k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€25k-€20k▼ 19.0%€4k▼ 79.7%€4k▲ 5.4%€3k▼ 31.6%
Operating result€16k-€44k▲ 168%€11k▼ 74.9%€56k▲ 412%€71k▲ 26.6%
Net result€6k-€27k▲ 382%€1k▼ 95.6%€226▼ 80.4%€5k▲ 2,282%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 27% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €182k
Fixed assets
€8k▼ 53.4%
Current assets
€174k▼ 21.4%
Equity and liabilities €182k
Equity
€3k▼ 31.6%
Debt
€179k▼ 23.6%
The debt ratio rises from 98.2% to 98.4%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€82k▲
2024 · €67k
Cash flow
€16k▲
2024 · €11k
Solvency
1.6%▼
2024 · 1.8%
Current ratio
1.43▼
2024 · 1.46
Quick ratio
1.43▼
2024 · 1.46
Debt / equity
59.65▲
2024 · 53.47
ROE
179.7%▲
2024 · 5.2%
ROA
3.0%▲
2024 · 0.1%
Interest coverage
1.34▼
2024 · 6.64
Debt
€179k▼
2024 · €234k
Debt ≤ 1 year
€121k▼
2024 · €152k
Debt > 1 year
€58k▼
2024 · €83k
Income taxes
€5k▼
2024 · €8k
Staff costs
€39k▲
2024 · €39k
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€239k€182k▼
Fixed assets21/28€18k€8k▼
Intangible fixed assets21€948€504▼
Tangible fixed assets22/27€17k€8k▼
Furniture and vehicles24€17k€8k▼
Current assets29/58€221k€174k▼
Amounts receivable within one year40/41€216k€111k▼
Trade receivables40€216k€109k▼
Other amounts receivable41-€2k
Cash at bank and in hand54/58€1k€63k▲
Deferred charges and accrued income490/1€4k-
Equity and liabilities
Total equity and liabilities10/49€239k€182k▼
Equity10/15€4k€3k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€1k-
Amounts payable17/49€234k€179k▼
Amounts payable after more than one year17€83k€58k▼
Financial debts170/4€83k€58k▼
Amounts payable within one year42/48€152k€121k▼
Current portion of amounts payable after more than one year42€35k€25k▼
Trade debts44€7k€10k▲
Suppliers440/4€7k€10k▲
Taxes, remuneration and social security45€19k€9k▼
Taxes450/3€16k€4k▼
Remuneration and social security454/9€4k€5k▲
Other amounts payable47/48€91k€77k▼
Income statement
Code20242025
Remuneration, social security and pensions62€39k€39k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▼
Other operating charges640/8€7k€3k▼
Gross operating margin9900€113k€125k▲
Operating profit (loss)9901€56k€71k▲
Financial charges65/66B€48k€61k▲
Recurring financial charges65€10k€61k▲
Non-recurring financial charges66B€38k-
Profit (loss) for the period before taxes9903€9k€10k▲
Income taxes67/77€8k€5k▼
Profit (loss) for the period9904€226€5k▲
Profit (loss) for the period to be appropriated9905€226€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€7k▲
Profit (loss) brought forward from the previous period14P€1k€1k▲
Profit to be distributed694/7-€7k
Return on contributions (dividend)694-€7k
The notes to these accounts (9 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
16-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 228 days late
2024
31-12
Financial
Weakest financial yearnet €226 ▼80.4%
Net result drops to €226, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 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, Huy · 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.
Rue Godelet 14500 HuyGround area
384 m²
Building footprint
192 m²
Parcel 61322A1483/00P000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Godelet 1, 4500 Huy
since 20142.225.456.647
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61322A1483/00P000 | Wallonia | 384 m² | 1 · 192 m² | - |
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
Legal Entity Identifier
254900WFW3G96P9K1X11
Similar companies · same sector, comparable size
JOMA LAW
BE 0727.733.194
Schilde · Eq €3k
Céline Bimbenet
BE 0731.736.029
Antwerpen · Eq €3k
MDC-LAW
BE 0732.933.879
Westerlo · Eq €3k
Advocatenkantoor Veerle Simeons
BE 0740.565.009
Dilbeek · Eq €3k
Alexandre Holvoet
BE 0740.722.682
Antwerpen · Eq €3k
Of 22,018 companies in sector 69101 we hold annual accounts for 9,028. 2,158 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-01-2014
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.