Summary
HAY MAN has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2020 annual accounts show equity of €82k and a net result of €18k. Equity is growing by ~24.7% per year across the filed fiscal years. Its solvency ranks better than 71% of 9807 sector peers (fiscal year 2020). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2020 · tick = 2019
Profitability76▲+3
Solvency97▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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 2020Solvency, return and age of the figures
Solvency
72%
Return on assets
15.4%
Age of the figures
69 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 · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 18-06-2021, 43 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
43 d early
2019
22 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€82k▲ 27.2%
2019 · €65k
2018: €50k
2019: €65k
2018 → 2020
Total assets
€114k▲ 13.9%
2019 · €100k
2018: €80k
2019: €100k
2018 → 2020
Net result
€18k▲ 23.3%
2019 · €14k
2018: €10k
2019: €14k
2018 → 2020
Working capital
€68k▲ 35.4%
2019 · €50k
2018: €36k
2019: €50k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€50k-€65k▲ 28.4%€82k▲ 27.2%
Operating result€15k-€21k▲ 45.6%€26k▲ 20.9%
Net result€10k-€14k▲ 47.8%€18k▲ 23.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2020 is 21% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €114k
Fixed assets
€14k ▼ 23.2%
Current assets
€100k ▲ 22.6%
Equity and liabilities €114k
Equity
€82k ▲ 27.2%
Debt
€32k ▼ 10.2%
Debt's share of the balance-sheet total falls from 35.5% to 28.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€32k▲
2019 · €27k
Cash flow
€24k▲
2019 · €20k
Current ratio
3.18▲
2019 · 2.63
ROE
21.4%▼
2019 · 22.1%
ROA
15.4%▲
2019 · 14.2%
Debt ≤ 1 year
€31k▲
2019 · €31k
Income taxes
€7k▲
2019 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 24 lines
Balance sheet
Code20192020
Assets
Total assets20/58€100k€114k▲
Fixed assets21/28€19k€14k▼
Tangible fixed assets22/27€19k€14k▼
Current assets29/58€81k€100k▲
Amounts receivable within one year40/41€4k€6k▲
Current investments50/53€14k€18k▲
Cash at bank and in hand54/58€63k€76k▲
Equity and liabilities
Total equity and liabilities10/49€100k€114k▲
Equity10/15€65k€82k▲
Contributions10/11€6k-
Reserves13€36k€54k▲
Profit (loss) carried forward14€22k€22k▲
Amounts payable17/49€36k€32k▼
Amounts payable after more than one year17€4k-
Amounts payable within one year42/48€31k€31k▲
Trade debts44€576€109▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Gross operating margin9900€28k€33k▲
Operating profit (loss)9901€21k€26k▲
Recurring financial charges65€659€692▲
Profit (loss) for the period before taxes9903€21k€25k▲
Income taxes67/77€6k€7k▲
Profit (loss) for the period9904€14k€18k▲
Profit (loss) for the period to be appropriated9905€14k€18k▲
Timeline · acts, filings and financial milestones
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €18k ▲23.3%
Operating result €26k, net result €18k, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
09-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 343 days late
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
29-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Soumagne · 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 de la Citadelle(MEL) 13/E0004633 SoumagneGround area
210 m²
Building footprint
29 m²
Volume, LiDAR
193 m³
Parcel 62069A0166/00S000, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Citadelle(MEL) 13/E000, 4633 Soumagne
since 20142.238.894.216
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62069A0166/00S000 | Wallonia | 210 m² | 1 · 28 m² | 7.3 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
984500L9YC8EC3E84F24
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Of 944 companies in sector 69203 we hold annual accounts for 659. 477 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded01-10-2014
Fiscal year end31-12
Activities, NACEBEL 2025
69203Activities of company auditors
70200Business and other management consultancy
82100Office administrative and support services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.