Hashtag2
ActiveSummary
Hashtag2 has been active since 2014 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €135,965 and a net result of €48,208. Equity is growing by ~20.1% per year across the filed fiscal years. Its solvency ranks better than 46% of 7833 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability89▲+1
Solvency70▼-4
Growth78=
Track record92
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 1.75 against 1.74 in 2024; short-term debt: 54.6% and cash: 3.6% of total assets), but 54.6% of the assets are financed with debt.
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Signals
Six 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 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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
45.4%
Return on assets
16.1%
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 · 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
57 d late
2023
30 d late
2022
274 d late
2021
633 d late
2020
941 d late
2019
1285 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 464 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawn
Checked, nothing found (1)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€135,965▲ 54.9%
2024 · €87,758
Total assets
€299,226▲ 68.2%
2024 · €177,893
Net result
€48,208▲ 74.1%
2024 · €27,691
Working capital
€123,143▲ 84.5%
2024 · €66,752
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€67,368▲ 23.5%€29,719▼ 55.9%€14,338▼ 51.8%€42,641▲ 197%€98,015▲ 130%
Net result€21,612within the sector's middle half▲ 4.7%€24,323within the sector's middle half▲ 12.5%€15,502within the sector's middle half▼ 36.3%€27,691within the sector's middle half▲ 78.6%€48,208above the sector's middle half▲ 74.1%
Equity€90,242within the sector's middle half▲ 31.5%€114,564within the sector's middle half▲ 27.0%€60,067within the sector's middle half▼ 47.6%€87,758within the sector's middle half▲ 46.1%€135,965within the sector's middle half▲ 54.9%
Total assets€172,004within the sector's middle half▼ 1.9%€173,459within the sector's middle half▲ 0.8%€180,467within the sector's middle half▲ 4.0%€177,893within the sector's middle half▼ 1.4%€299,226within the sector's middle half▲ 68.2%
Debt€81,762▼ 23.4%€58,895▼ 28.0%€120,400▲ 104%€90,135▼ 25.1%€163,261▲ 81.1%
Working capital€79,190within the sector's middle half▲ 86.3%€79,124within the sector's middle half▼ 0.1%€31,867within the sector's middle half▼ 59.7%€66,752within the sector's middle half▲ 109%€123,143above the sector's middle half▲ 84.5%
Solvency52.5%within the sector's middle half▲ 13.3pp66.0%within the sector's middle half▲ 13.6pp33.3%within the sector's middle half▼ 32.8pp49.3%within the sector's middle half▲ 16.0pp45.4%within the sector's middle half▼ 3.9pp
Current ratio1.97within the sector's middle half▲ 0.572.35within the sector's middle half▲ 0.381.26within the sector's middle half▼ 1.091.74within the sector's middle half▲ 0.481.75within the sector's middle half▲ 0.01
Return on assets (ROA)12.6%within the sector's middle half▲ 0.8pp14.0%within the sector's middle half▲ 1.5pp8.6%within the sector's middle half▼ 5.4pp15.6%within the sector's middle half▲ 7.0pp16.1%within the sector's middle half▲ 0.5pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
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 130% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €299,226
Fixed assets
€12,823 ▼ 39.0%
Current assets
€286,404 ▲ 82.6%
Equity and liabilities €299,226
Equity
€135,965 ▲ 54.9%
Debt
€163,261 ▲ 81.1%
Debt's share of the balance-sheet total rises from 50.7% to 54.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€106,199▲
2024 · €52,122
Cash flow
€56,391▲
2024 · €37,172
Debt to equity
1.20▲
2024 · 1.03
ROE
35.5%▲
2024 · 31.6%
Interest coverage
376.88▲
2024 · 11.99
Debt ≤ 1 year
€163,261▲
2024 · €90,135
Income taxes
€53,879▲
2024 · €14,938
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,679 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €5,752 | - | - | €348 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,514 | €8,905 | €10,450 | €9,481 | €8,183 | ▼ 13.7% |
| Other operating charges640/8 | €5,718 | €6,992 | €708 | €412 | €827 | ▲ 101% |
| Gross operating margin9900 | €76,601 | €45,616 | €25,496 | €52,534 | €107,025 | ▲ 104% |
| Operating profit (loss)9901 | €67,368 | €29,719 | €14,338 | €42,641 | €98,015 | ▲ 130% |
| Financial income75/76B | €4,673 | €5,972 | €6,602 | €4,335 | €4,353 | ▲ 0.4% |
| Recurring financial income75 | €4,673 | €5,972 | €6,602 | €4,335 | €4,353 | ▲ 0.4% |
| Financial charges65/66B | €287 | €1,368 | €338 | €4,346 | €282 | ▼ 93.5% |
| Recurring financial charges65 | €287 | €1,368 | €338 | €4,346 | €282 | ▼ 93.5% |
| Profit (loss) for the period before taxes9903 | €71,754 | €34,323 | €20,602 | €42,629 | €102,087 | ▲ 139% |
| Income taxes67/77 | €50,142 | €10,000 | €5,100 | €14,938 | €53,879 | ▲ 261% |
| Profit (loss) for the period9904 | €21,612 | €24,323 | €15,502 | €27,691 | €48,208 | ▲ 74.1% |
| Profit (loss) for the period to be appropriated9905 | €21,612 | €24,323 | €15,502 | €27,691 | €48,208 | ▲ 74.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €172,004 | €173,459 | €180,467 | €177,893 | €299,226 | ▲ 68.2% |
| Fixed assets21/28 | €11,051 | €35,796 | €28,199 | €21,006 | €12,823 | ▼ 39.0% |
| Tangible fixed assets22/27 | €11,051 | €35,796 | €28,199 | €21,006 | €12,823 | ▼ 39.0% |
| Furniture and vehicles24 | €11,051 | €35,796 | €26,546 | €19,353 | €11,170 | ▼ 42.3% |
| Assets under construction and advance payments27 | - | - | €1,653 | €1,653 | €1,653 | = |
| Current assets29/58 | €160,953 | €137,663 | €152,267 | €156,887 | €286,404 | ▲ 82.6% |
| Amounts receivable within one year40/41 | €122,047 | €124,960 | €113,002 | €113,258 | €275,670 | ▲ 143% |
| Trade receivables40 | €31,960 | €460 | €37,108 | €15,209 | €186,461 | ▲ 1,126% |
| Other amounts receivable41 | €90,087 | €124,500 | €75,894 | €98,049 | €89,209 | ▼ 9.0% |
| Cash at bank and in hand54/58 | €38,906 | €12,644 | €39,216 | €43,629 | €10,733 | ▼ 75.4% |
| Deferred charges and accrued income490/1 | - | €59 | €49 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €172,004 | €173,459 | €180,467 | €177,893 | €299,226 | ▲ 68.2% |
| Equity10/15 | €90,242 | €114,564 | €60,067 | €87,758 | €135,965 | ▲ 54.9% |
| Contributions10/11 | €1 | €1 | €1 | €1 | €1 | = |
| Reserves13 | €8,926 | €8,926 | €8,926 | €8,926 | €8,926 | = |
| Non-distributable reserves130/1 | €8,926 | €8,926 | €8,926 | €8,926 | €8,926 | = |
| Reserves not available under the articles1311 | €8,926 | €8,926 | €8,926 | €8,926 | €8,926 | = |
| Profit (loss) carried forward14 | €81,315 | €105,638 | €51,140 | €78,831 | €127,039 | ▲ 61.2% |
| Amounts payable17/49 | €81,762 | €58,895 | €120,400 | €90,135 | €163,261 | ▲ 81.1% |
| Amounts payable within one year42/48 | €81,762 | €58,539 | €120,400 | €90,135 | €163,261 | ▲ 81.1% |
| Trade debts44 | €1,942 | €2,754 | €14,606 | €2,508 | €140,461 | ▲ 5,500% |
| Suppliers440/4 | €1,942 | €2,754 | €14,606 | €2,508 | €140,461 | ▲ 5,500% |
| Taxes, remuneration and social security45 | €79,820 | €55,786 | €105,794 | €87,627 | €22,800 | ▼ 74.0% |
| Taxes450/3 | €79,820 | €55,786 | €105,794 | €87,627 | €22,800 | ▼ 74.0% |
| Accrued charges and deferred income492/3 | - | €356 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,612 | €24,323 | €15,502 | €27,691 | €48,208 | ▲ 74.1% |
| + Depreciation and write-downs630 | €3,514 | €8,905 | €10,450 | €9,481 | €8,183 | ▼ 13.7% |
| Operating cash flow (approximation) | €25,127 | €33,228 | €25,952 | €37,172 | €56,391 | ▲ 51.7% |
| Investment in fixed assets (approximation) | - | -€33,650 | -€2,853 | -€2,288 | €0 | ▲ 100% |
| Change in cash | - | -€26,263 | €26,572 | €4,413 | -€32,895 | ▼ 845% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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
2025
31-12
Financial
Highest result since 2018net €48,208 ▲74.1%
Operating result €98,015, net result €48,208, both a record.
31-12
Financial
Equity above €100,000Eq €135,965 ▲54.9%
8 profitable years in a row build equity to €135,965.
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
13-05
KBO administration
Strikeout withdrawn
event 30-04-2024
30-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 274 days late
24-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 633 days late
27-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 941 days late
06-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 1285 days late
2022
31-12
Financial
Equity above €100,000Eq €114,564 ▲27%
5 profitable years in a row build equity to €114,564.
2020
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 395 days late
2018
06-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 128 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Hélécine · 1 establishment unit since 2014
Ground area
1,184 m²
Building footprint
188 m²
Volume, LiDAR
1,056 m³
2 parcels, Brussels, Wallonia · tallest building 18.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Hashtag2
since 20142.237.493.357
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25057F0220/00L000 | Wallonia | 1,065 m² | 1 · 71 m² | - |
| 21906D0063/00X002 | Brussels | 119 m² | 1 · 117 m² | 18.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
HC MGT
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REDT
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Pype & Terryn
BE 0430.832.923
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LAVI
BE 1003.910.705
Sint-Niklaas · Eq €136,060
EUROMAS
BE 0457.231.670
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Of 24,517 companies in sector 82990 we hold annual accounts for 9,421. 7,156 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0506963966
Also
9925:BE0506963966
Registered
31-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.