Equity
€87,706 ▲ 2.0%
HB Services Group paid out €17,650 in dividends. That is 91% of the 2025 profit.
HB Services Group
Lifetime
6 annual accounts with figures on one time axispeak €110,450 (2022)
€50,889▲ 209%
lowest -€3,322 (2024)
€19,376▲ €22,698
peak €89,302 (2023)
€87,706▲ 2.0%
€10,275▼ 34.9%
Board1 name since 2019
-
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from €16,481 to €50,889Back to profit: €19,376Dividend €17,650Debts from €15,782 to €10,275Cash from €15,830 to €37,251
Key points
from the 2025 annual accountsInvestments
€18,136 1.7 × depreciation
Green is investment, beige is depreciation.
Liquidity
8.47 was 4.19 in 2024
Short-term debts fell from €15,782 to €10,275.
Filings
6 annual accounts 6 late
The 2020 accounts came latest: 61 days after the end of the period.
At the same address
483 companies
Position in the sector
89.5%
Higher solvency than 93% of companies in specialised construction. Sector median 46.7% · 35,156 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as HB Services Group has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for HB Services Group. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
last known boardDirector, last mentioned in 2019
- 100 sharesdeed of 18-11-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0737648574
Registered office moved within Brussels
New registered office: Avenue Louise 367, 1050 Bruxelles · Previous registered office: Avenue Jules Bordet 160/16, 1140 Bruxelles · Gazette deed
Registered office moved within Brussels
New registered office: Rue Saint-Norbert 62A-1090 Bruxelles · Previous registered office: Avenue Jules Bordet 160/16-1140 Bruxelles · Gazette deed
Incorporation
Founding capital of €3,000, 100 shares · Founder: · Appointment: (director) · published on 18-11-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HB Services Group Ixelles | €97,981 | €50,889 | 89.5% | - |
| ETS. Lecomte Christophe Evere | €99,775 | €40,713 | 24.7% | - |
| SMEETS PETER Maaseik | €109,569 | €49,885 | 67.2% | - |
| VR-Heating Aarschot | €112,070 | €46,613 | 84.5% | - |
| SANICO CHAUFFAGE Braine-l'Alleud | €106,387 | €55,057 | 82.8% | - |
| SANIVER STEELANT Wielsbeke | €104,984 | €54,230 | 67.2% | - |
| V.R.A.M. Concept Flémalle | €111,430 | €43,388 | 36.7% | - |
These companies have the same main activity as HB Services Group: plumbing work (NACE 43221). They are comparable in size and age: total assets between €99,800 and €112,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 13-11-2019Normal situation
- Registered office
- 484 active companies are registered at this address34 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Plumbing workNACE 43221
- Establishment unit
- 2.302.050.8171050 Ixelles, since 13-11-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 29-07-2026
Insights on HB Services Group
HB Services Group files the micro format. That format states no turnover. The gross margin fell from €53,160 in 2020 to €50,889 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HB Services Group
- What is the company number of HB Services Group?
- The company number of HB Services Group is 0737.648.574. The VAT number is the same number with BE in front: BE 0737.648.574.
- Where is HB Services Group based?
- The registered office is at Louizalaan 367, 1050 Ixelles.Company details
- What does HB Services Group do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of HB Services Group?
- HB Services Group is a private limited company (BV).
- When was HB Services Group founded?
- HB Services Group was founded on 13-11-2019.
- Is HB Services Group still active?
- Yes, HB Services Group is an active enterprise in the KBO register.
- What is the turnover of HB Services Group?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €50,889 and 105 comparable companies (NACE 432). It probably lies between €140,000 and €290,000.Financials
- Is HB Services Group profitable?
- In financial year 2025, HB Services Group made a profit of €19,376.
- Where can I find the annual accounts of HB Services Group?
- HB Services Group filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HB Services Group due?
- HB Services Group must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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