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HB DESIGN

Active
Private limited companyfounded 2008active for 18 yearsZusters Lovelingstraat(Mar) 3, 8510 Kortrijk, BelgiumKBO/BCE: BE 0896.029.877
Summary

HB DESIGN has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €96,983 and a net result of €27,684. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 83% of 35,969 sector peers (NACE 43, financial year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

Source: KBO
Status
Active since 22-02-2008 Normal situation
Activity
Joinery installation NACE 43320
Establishment unit
2.169.448.649 8510 Kortrijk, since 22-02-2008
Financial year end
31 December
Peppol
Reachable since 25-09-2025

Board and ownership

Board

Financial position

57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts 2024
Gross margin
€49,364
▲ 76.7%
Turnover
≈ €300,000
estimated
Profit
€27,684
▲ 114×
Equity
€96,983
▲ 30.5%
Total assets
€125,897
▼ 11.4%
  • 2025 accounts not filed, 95 days past the deadline
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 29-08-2025)1 financial year not filed after the legal deadline; last filed accounts filed 29 days late; 2 of the last 3 accounts latelowers riskFounded in 2008Equity €96,983 (77.0% of total assets)Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 76% of micro companies in specialised construction (NACE 43)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Strong
Solvency 100+23
equity 77.0% of total assets
Liquidity 58+5
short-term debt 21.7% · cash 12.2%
Profitability 96+27
return on assets 22.0%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.5%▼ -0.1 percentage points vs 12-2024 02-2025: 0.6%▲ +0.1 percentage points vs 01-2025 03-2025: 0.5%▼ -0.1 percentage points vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025lowest value 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.7%▲ +0.2 percentage points vs 07-2025 09-2025: 0.5%▼ -0.2 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.3 percentage points vs 07-2026 09-2026: 0.9%▲ +0.1 percentage points vs 08-2026 10-2026: 1.2%▲ +0.3 percentage points vs 09-2026highest value 11-2026: 1.2%● unchanged vs 10-2026highest value
Credit of up to €5,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 1.5 (0.83 in 2023), above the usual 1.5. Short-term debt is 21.7% and cash 12.2% of total assets. 23% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 55% on liquidity, 82% on profitability and 75% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 29-08-2025)
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €96,983 (77.0% of total assets)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 29 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 29 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
29 days late
2023
31 days late
2022
31 days late
2021
9 days early
2020
16 days late
2019
43 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 9 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 82% of companies in specialised constructionsector median 46.6% · 35,969 companies 77.0% View

Recent changes

  1. · Gazette deed Appointment: Henk Bostoen (director)
  2. · Gazette deed Registered office
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as HB DESIGN: joinery installation (NACE 43320). They are comparable in size and age: total assets between €109,000 and €134,000, founded between 2005 and 2010.

CompanyTotal assetsGross margin
HB DESIGN Kortrijk€125,897€49,364
ALUBEL Tielt€133,856€55,974
Y.M.T. Poperinge€132,804€51,386
VYNCKE CHRIS Wingene€108,965€42,636
INTERIEUR MADEKO Kortrijk€119,400€56,312
RAMEN EN DEUREN CORSTJENS Maasmechelen€120,593€51,711
VALSOR Walcourt€131,573€56,155
Full comparison

Key facts about HB DESIGN

What is the company number of HB DESIGN?
The company number of HB DESIGN is 0896.029.877. The VAT number is the same number with BE in front: BE 0896.029.877.
Where is HB DESIGN based?
The registered office is at Zusters Lovelingstraat(Mar) 3, 8510 Kortrijk.Company details
What does HB DESIGN do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of HB DESIGN?
The legal form of HB DESIGN is Private limited company (BV).
When was HB DESIGN founded?
HB DESIGN was founded on 22-02-2008.
Is HB DESIGN still active?
Yes, HB DESIGN is an active enterprise in the KBO register.
What is the turnover of HB DESIGN?
The turnover in financial year 2024 is ≈ €300,000. This figure is estimated from the gross margin of €49,364 and 32 comparable companies (NACE 43320). It probably lies between €220,000 and €510,000.Financials
Is HB DESIGN profitable?
In financial year 2024, HB DESIGN made a profit of €27,684.
Where can I find the annual accounts of HB DESIGN?
HB DESIGN filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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