H2H has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.48M and a net result of €888k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 17% of 8657 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 20-03-2026, 133 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
133 d early
2024
44 d early
2023
36 d early
2022
42 d early
2021
30 d late
2020
18 d early
← 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, abbreviated schema
Equity
€2.48M▲ 55.9%
2024 · €1.59M
2020: €1.39M
2021: €1.55M
2022: €1.69M
2023: €1.64M
2024: €1.59M
2020 → 2025
Total assets
€19.91M▲ 0.7%
2024 · €19.78M
2020: €11.60M
2021: €9.89M
2022: €9.86M
2023: €9.95M
2024: €19.78M
2020 → 2025
Net result
€888k
2024 · €-46k
2020: €388k
2021: €157k
2022: €143k
2023: €-53k
2024: €-46k
2020 → 2025
Working capital
€-8.54M▼ 7.2%
2024 · €-7.96M
2020: €221k
2021: €-1.95M
2022: €-3.37M
2023: €-5.40M
2024: €-7.96M
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.55M-€1.69M▲ 9.3%€1.64M▼ 3.1%€1.59M▼ 2.8%€2.48M▲ 55.9%
Operating result€317k-€279k▼ 12.2%€50k▼ 81.9%€66k▲ 30.2%€1.48M▲ 2,148%
Net result€157k-€143k▼ 9.1%€-53k€-46k▲ 14.0%€888k
Turnover and EBIT margin not published: the abbreviated 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 2,148% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19.91M
Fixed assets
€19.64M=
Current assets
€272k▲ 97.4%
Equity and liabilities €19.91M
Equity
€2.48M▲ 55.9%
Debt
€17.43M▼ 4.1%
The debt ratio falls from 92.0% to 87.6%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
12.4%▲
2024 · 8.0%
ROE
35.8%▲
2024 · -2.9%
ROA
4.5%▲
2024 · -0.2%
Debt
€17.43M▼
2024 · €18.19M
Debt ≤ 1 year
€8.81M▲
2024 · €8.10M
Debt > 1 year
€8.46M▼
2024 · €10.00M
Income taxes
€295k▲
2024 · €165
Staff costs
€222k▼
2024 · €263k
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€19.78M€19.91M▲
Fixed assets21/28€19.64M€19.64M=
Financial fixed assets28€19.64M€19.64M=
Current assets29/58€138k€272k▲
Amounts receivable within one year40/41€5k€2▼
Trade receivables40€0-
Other amounts receivable41€5k€2▼
Cash at bank and in hand54/58€132k€272k▲
Equity and liabilities
Total equity and liabilities10/49€19.78M€19.91M▲
Equity10/15€1.59M€2.48M▲
Contributions10/11€1.00M€1.00M=
Capital10€1.00M€1.00M=
Issued capital100€1.00M€1.00M=
Reserves13€600k€1.40M▲
Non-distributable reserves130/1€100k€100k=
Legal reserve130€100k€100k=
Distributable reserves133€500k€1.30M▲
Profit (loss) carried forward14€-10k€78k▲
Amounts payable17/49€18.19M€17.43M▼
Amounts payable after more than one year17€10.00M€8.46M▼
Financial debts170/4€10.00M€8.46M▼
Amounts payable within one year42/48€8.10M€8.81M▲
Current portion of amounts payable after more than one year42€2.33M€1.66M▼
Trade debts44€112k€68k▼
Suppliers440/4€112k€68k▼
Taxes, remuneration and social security45€45k€439k▲
Taxes450/3€18k€414k▲
Remuneration and social security454/9€26k€26k▼
Other amounts payable47/48€5.61M€6.64M▲
Accrued charges and deferred income492/3€90k€160k▲
Income statement
Code20242025
Remuneration, social security and pensions62€263k€222k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€329k€1.70M▲
Operating profit (loss)9901€66k€1.48M▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€111k€293k▲
Recurring financial charges65€111k€293k▲
Profit (loss) for the period before taxes9903€-45k€1.18M▲
Income taxes67/77€165€295k▲
Profit (loss) for the period9904€-46k€888k▲
Profit (loss) for the period to be appropriated9905€-46k€888k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€878k▲
Profit (loss) brought forward from the previous period14P€35k€-10k▼
Transfer from equity791/2€0-
Transfer to equity691/2-€800k
To other reserves6921-€800k
Social balance
Average headcount (FTE)90872.82.8=
The notes to these accounts (19 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
25-03
State Gazette act
Resignations & appointmentsGeneral meeting · Board meeting · Director reappointment10 facts ▸
State Gazette act
Resignations & appointments
General meeting · Board meeting · Director reappointment10 facts ▸
- General meeting, 02/03/2026
- Board meeting, 02/03/2026
- Director reappointment, ARMANCO bv (bestuurder)
- Director reappointment, JBJ bv (bestuurder)
- Director appointment, A.M.G. bv (bestuurder)
- Director reappointment, JBJ bv (gedelegeerd bestuurder)
- Director appointment, A.M.G. bv (gedelegeerd bestuurder)
- Permanent representative, Ruben Coolens
- Permanent representative, Patrick Van Baelen
- Permanent representative, Frank Flebus
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €888k
Net result €888k after 2 loss-making years.
31-12
Financial
Equity above €2MEq €2.48M ▲55.9%
Equity rises from €1.59M to €2.48M.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-53k ▼137%
Net result drops to €-53k, the lowest in the series; recovery starts the following year.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26042366). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
A.M.G.
CurrentManaging director · since 01-02-2026 · Private limited company · perm. rep.: Frank Flebus
Armanco
CurrentDirector · since 13-06-2025 · Private limited company · perm. rep.: Ruben Coolens
JBJ
CurrentDirector · since 13-06-2025 · Private limited company · perm. rep.: Patrick Van Baelen
01-02-2026
A.M.G.: Appointed as Managing director
01-02-2026
A.M.G.: Appointed as Director
13-06-2025
Armanco: Mandate renewed as Director
13-06-2025
JBJ: Mandate renewed as Director
13-06-2025
JBJ: Mandate renewed as Managing director
31-01-2020
A.M.G.: Resigned as Director
Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 2019
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.
Gentse Baan 669100 Sint-NiklaasGround area
3,741 m²
Building footprint
3,056 m²
Volume, LiDAR
38,537 m³
Parcel 46444D0255/00R000, Flanders · tallest building 15.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
H2H
since 20192.297.410.356
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46444D0255/00R000 | Flanders | 3,741 m² | 1 · 3,056 m² | 15.9 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.
Structure & network
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 17,761 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-12-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.