HB Services Group
ActiveThe computed 12-month bankruptcy probability of HB Services Group is 3.2% (moderate). The 2025 annual accounts show equity of €88k and a net result of €19k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 93% of 27787 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+28
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 8.47 against 4.19 in 2024; short-term debt: 10.5% and cash: 38% of total assets), and 10.5% of the assets are financed with debt.
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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
89.5%
Return on assets
19.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 6 filingsDeviation from the deadline
2025
25 d late
2024
30 d late
2023
8 d late
2022
9 d late
2021
61 d late
2020
61 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€88k▲ 2.0%
2024 · €86k
2020: €25k
2021: €53k
2022: €89k
2023: €89k
2024: €86k
2020 → 2025
Total assets
€98k▼ 3.7%
2024 · €102k
2020: €165k
2021: €363k
2022: €523k
2023: €107k
2024: €102k
2020 → 2025
Net result
€19k
2024 · €-3k
2020: €22k
2021: €28k
2022: €36k
2023: €512
2024: €-3k
2020 → 2025
Working capital
€77k▲ 52.6%
2024 · €50k
2020: €-20k
2021: €-37k
2022: €-23k
2023: €52k
2024: €50k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€53k-€89k▲ 67.7%€89k▲ 0.6%€86k▼ 3.7%€88k▲ 2.0%
Operating result€36k-€46k▲ 26.9%€4k▼ 90.8%€-1k€26k
Net result€28k-€36k▲ 28.8%€512▼ 98.6%€-3k€19k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €26k after a loss of €1k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98k
Fixed assets
€11k▼ 69.4%
Current assets
€87k▲ 31.7%
Equity and liabilities €98k
Equity
€88k▲ 2.0%
Debt
€10k▼ 34.9%
The debt ratio falls from 15.5% to 10.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37k▲
2024 · €16k
Cash flow
€30k▲
2024 · €14k
Solvency
89.5%▲
2024 · 84.5%
Current ratio
8.47▲
2024 · 4.19
Quick ratio
8.47▲
2024 · 4.19
Debt / equity
0.12▼
2024 · 0.18
ROE
22.1%▲
2024 · -3.9%
ROA
19.8%▲
2024 · -3.3%
Interest coverage
20.39▲
2024 · 7.21
Debt
€10k▼
2024 · €16k
Debt ≤ 1 year
€10k▼
2024 · €16k
Income taxes
€5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€102k€98k▼
Fixed assets21/28€36k€11k▼
Tangible fixed assets22/27€22k€11k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€18k€9k▼
Financial fixed assets28€14k-
Current assets29/58€66k€87k▲
Amounts receivable within one year40/41€50k€47k▼
Trade receivables40€13k€5k▼
Other amounts receivable41€38k€42k▲
Cash at bank and in hand54/58€16k€37k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€102k€98k▼
Equity10/15€86k€88k▲
Contributions10/11€3k€3k=
Reserves13€1k€1k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€82k€83k▲
Amounts payable17/49€16k€10k▼
Amounts payable within one year42/48€16k€10k▼
Trade debts44€15k€4k▼
Suppliers440/4€15k€4k▼
Taxes, remuneration and social security45€1k€6k▲
Taxes450/3€1k€6k▲
Income statement
Code20242025
Non-recurring operating income76A-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€11k▼
Other operating charges640/8€733€14k▲
Gross operating margin9900€16k€51k▲
Operating profit (loss)9901€-1k€26k▲
Financial income75/76B€203-
Recurring financial income75€203-
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-3k€24k▲
Income taxes67/77-€5k
Profit (loss) for the period9904€-3k€19k▲
Profit (loss) for the period to be appropriated9905€-3k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€82k€101k▲
Profit (loss) brought forward from the previous period14P€85k€82k▼
Profit to be distributed694/7-€18k
Return on contributions (dividend)694-€18k
The notes to these accounts (7 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 8.47
Current ratio from 4.19 to 8.47; short-term debt falls from €16k to €10k.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet €-3k ▼749%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
31-12
Financial
Liquidity quadruplescurrent ratio 3.89
Current ratio from 0.95 to 3.89; short-term debt falls from €434k to €18k.
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
31-12
Financial
Highest result since 2020net €36k ▲28.8%
Operating result €46k, net result €36k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 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, Elsene · 1 establishment unit since 2019
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.
Louizalaan 3671050 ElseneGround area
266 m²
Building footprint
265 m²
Volume, LiDAR
3,746 m³
Parcel 21807G0211/00W012, Brussels · tallest building 34.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
HB Services Group
since 20192.302.050.817
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0211/00W012 | Brussels | 266 m² | 1 · 265 m² | 34.0 m · 5 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.
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Of 7,042 companies in sector 43221 we hold annual accounts for 3,471. 3,066 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-11-2019
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.