HB Accountants
ActiveSummary
HB Accountants has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €292k and a net result of €19k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 42% of 3291 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-10
Solvency61▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.22 in 2024; short-term debt: 42.9% and cash: 26% of total assets), and 64.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
35.5%
Return on assets
2.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
1 d early
2021
on the day
2020
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€292k▲ 7.1%
2024 · €273k
2021: €125k
2022: €205k
2023: €242k
2024: €273k
2021 → 2025
Total assets
€823k▼ 14.8%
2024 · €966k
2021: €883k
2022: €846k
2023: €899k
2024: €966k
2021 → 2025
Net result
€19k▼ 81.0%
2024 · €103k
2021: €3k
2022: €80k
2023: €137k
2024: €103k
2021 → 2025
Working capital
€129k▲ 29.4%
2024 · €100k
2021: €142k
2022: €169k
2023: €157k
2024: €100k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€125k-€205k▲ 64.2%€242k▲ 18.0%€273k▲ 12.6%€292k▲ 7.1%
Operating result€17k-€108k▲ 516%€152k▲ 41.0%€117k▼ 22.7%€40k▼ 65.5%
Net result€3k-€80k▲ 2,795%€137k▲ 70.6%€103k▼ 25.1%€19k▼ 81.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 65% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €823k
Fixed assets
€340k ▼ 18.4%
Current assets
€483k ▼ 12.0%
Equity and liabilities €823k
Equity
€292k ▲ 7.1%
Debt
€531k ▼ 23.4%
Debt's share of the balance-sheet total falls from 71.8% to 64.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€194k▼
2024 · €246k
Cash flow
€173k▼
2024 · €231k
Current ratio
1.37▲
2024 · 1.22
Debt to equity
1.82▼
2024 · 2.54
ROE
6.7%▼
2024 · 37.6%
ROA
2.4%▼
2024 · 10.6%
Interest coverage
9.72▼
2024 · 18.45
Debt ≤ 1 year
€353k▼
2024 · €449k
Debt > 1 year
€177k▼
2024 · €244k
Income taxes
€8k▲
2024 · €6k
Staff costs
€384k▲
2024 · €327k
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 · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€966k€823k▼
Fixed assets21/28€417k€340k▼
Intangible fixed assets21€121k€24k▼
Tangible fixed assets22/27€276k€304k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€67k€71k▲
Other tangible fixed assets26€206k€231k▲
Financial fixed assets28€20k€12k▼
Current assets29/58€548k€483k▼
Amounts receivable within one year40/41€179k€223k▲
Trade receivables40€172k€216k▲
Other amounts receivable41€7k€8k▲
Cash at bank and in hand54/58€319k€214k▼
Deferred charges and accrued income490/1€50k€45k▼
Equity and liabilities
Total equity and liabilities10/49€966k€823k▼
Equity10/15€273k€292k▲
Contributions10/11€100k€100k=
Profit (loss) carried forward14€173k€192k▲
Amounts payable17/49€693k€531k▼
Amounts payable after more than one year17€244k€177k▼
Financial debts170/4€244k€177k▼
Amounts payable within one year42/48€449k€353k▼
Current portion of amounts payable after more than one year42€184k€113k▼
Financial debts43€2k€2k▲
Credit institutions430/8€2k€2k▲
Trade debts44€73k€134k▲
Suppliers440/4€73k€134k▲
Taxes, remuneration and social security45€108k€95k▼
Taxes450/3€56k€41k▼
Remuneration and social security454/9€52k€54k▲
Other amounts payable47/48€82k€9k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€327k€384k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€128k€154k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-2k€0▲
Other operating charges640/8€9k€8k▼
Non-recurring operating charges66A-€1k
Gross operating margin9900€580k€587k▲
Operating profit (loss)9901€117k€40k▼
Financial income75/76B€4k€7k▲
Recurring financial income75€4k€7k▲
Financial charges65/66B€13k€20k▲
Recurring financial charges65€13k€20k▲
Profit (loss) for the period before taxes9903€108k€28k▼
Income taxes67/77€6k€8k▲
Profit (loss) for the period9904€103k€19k▼
Profit (loss) for the period to be appropriated9905€103k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€245k€192k▼
Profit (loss) brought forward from the previous period14P€142k€173k▲
Profit to be distributed694/7€72k€0▼
Directors or managers695€72k€0▼
Social balance
Average headcount (FTE)90876.17.6▲
The notes to these accounts (23 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
15-09
State Gazette act
General meeting · Director reappointment
Power of attorney · Permanent representative
15-09
State Gazette act
Board meeting · Registered-office move
Power of attorney · Permanent representative
19-08
State Gazette act
Board meeting · Registered-office move
Power of attorney
19-08
State Gazette act
General meeting · Director appointment
Mandate compensation · Power of attorney
19-08
State Gazette act
Board meeting · Registered-office move
Power of attorney
13-08
State Gazette act
Board meeting · Registered-office move
Power of attorney · Permanent representative
06-08
State Gazette act
General meeting · Director resignation
Director discharge · Statutes amendment
04-08
State Gazette act
General meeting · Share issue
Director resignation · Director discharge · Nathalie HAERDEN
29-07
State Gazette act
Board meeting · Registered-office move
Power of attorney · Permanent representative
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Show earlier events
2023
30-06
Financial
Highest result since 2021net €137k ▲70.6%
Operating result €152k, net result €137k, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Equity above €200kEq €205k ▲64.2%
2 profitable years in a row build equity to €205k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-01
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
5 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, Turnhout · 1 establishment unit since 2018
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.
Kempenlaan 342300 TurnhoutGround area
1,603 m²
Building footprint
226 m²
Volume, LiDAR
1,775 m³
Parcel 13453O0143/00X000, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HB Accountants
since 20182.280.196.123
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453O0143/00X000 | Flanders | 1,603 m² | 1 · 226 m² | 12.2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 18,958 EUR awarded · 18,507 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,394 EUR | 944 EUR |
| 2024 | 1 | 3,082 EUR | 3,967 EUR |
| 2023 | 2 | 2,285 EUR | 11,593 EUR |
| 2022 | 2 | 12,197 EUR | 2,003 EUR |
Schemes
Werkbaarheidscheque (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 6,078 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 formPrivate limited company
Founded01-10-2018
Fiscal year end30-06
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.