HBL Consult
ActiveHBL Consult has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €242k and a net result of €41k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 92% of 31616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
95
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 14.28 against 8.83 in 2024; short-term debt: 6.4% and cash: 79.2% of total assets), and 7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
93%
Return on assets
15.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-03-2026, 38 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
38 d early
2024
41 d early
2023
34 d early
2022
40 d early
2021
40 d early
2020
39 d early
2019
38 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€242k▲ 7.6%
2024 · €225k
2018: €65k
2019: €89k
2020: €124k
2021: €163k
2022: €200k
2023: €227k
2024: €225k
2018 → 2025
Total assets
€260k▲ 3.6%
2024 · €251k
2018: €91k
2019: €113k
2020: €139k
2021: €231k
2022: €255k
2023: €268k
2024: €251k
2018 → 2025
Net result
€41k▼ 0.6%
2024 · €42k
2018: €23k
2019: €24k
2020: €34k
2021: €39k
2022: €37k
2023: €46k
2024: €42k
2018 → 2025
Working capital
€221k▲ 18.4%
2024 · €187k
2018: €65k
2019: €90k
2020: €93k
2021: €110k
2022: €151k
2023: €181k
2024: €187k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€163k-€200k▲ 22.7%€227k▲ 13.3%€225k▼ 0.6%€242k▲ 7.6%
Operating result€56k-€54k▼ 4.2%€66k▲ 23.5%€58k▼ 13.1%€55k▼ 4.5%
Net result€39k-€37k▼ 5.6%€46k▲ 25.0%€42k▼ 10.3%€41k▼ 0.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €260k
Fixed assets
€22k▼ 44.6%
Current assets
€238k▲ 12.9%
Equity and liabilities €260k
Equity
€242k▲ 7.6%
Debt
€18k▼ 30.4%
The debt ratio falls from 10.4% to 7.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€73k▼
2024 · €76k
Cash flow
€59k▼
2024 · €60k
Solvency
93.0%▲
2024 · 89.6%
Current ratio
14.28▲
2024 · 8.83
Quick ratio
14.28▲
2024 · 8.83
Debt / equity
0.07▼
2024 · 0.12
ROE
17.0%▼
2024 · 18.5%
ROA
15.9%▼
2024 · 16.5%
Interest coverage
655.97▲
2024 · 270.72
Debt
€18k▼
2024 · €26k
Debt ≤ 1 year
€17k▼
2024 · €24k
Income taxes
€18k▼
2024 · €18k
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€251k€260k▲
Fixed assets21/28€41k€22k▼
Tangible fixed assets22/27€41k€22k▼
Plant, machinery and equipment23€15k€12k▼
Furniture and vehicles24€25k€10k▼
Current assets29/58€211k€238k▲
Amounts receivable within one year40/41€861€1k▲
Trade receivables40€0€548▲
Other amounts receivable41€861€711▼
Current investments50/53€150k€30k▼
Cash at bank and in hand54/58€58k€206k▲
Deferred charges and accrued income490/1€1k€426▼
Equity and liabilities
Total equity and liabilities10/49€251k€260k▲
Equity10/15€225k€242k▲
Contributions10/11€3k€3k=
Reserves13€223k€240k▲
Distributable reserves133€223k€240k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€26k€18k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€24k€17k▼
Current portion of amounts payable after more than one year42€10k€0▼
Trade debts44€738€6k▲
Suppliers440/4€738€6k▲
Taxes, remuneration and social security45€13k€10k▼
Taxes450/3€13k€10k▼
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€18k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€77k€74k▼
Operating profit (loss)9901€58k€55k▼
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€279€112▼
Recurring financial charges65€279€112▼
Profit (loss) for the period before taxes9903€60k€59k▼
Income taxes67/77€18k€18k▼
Profit (loss) for the period9904€42k€41k▼
Profit (loss) for the period to be appropriated9905€42k€41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€41k▼
Transfer from equity791/2€25k€24k▼
Transfer to equity691/2€42k€41k▼
To the legal reserve6920€42k€0▼
To other reserves6921€0€41k▲
Profit to be distributed694/7€25k€24k▼
Return on contributions (dividend)694€25k€24k▼
The notes to these accounts (5 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
23-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €46k ▲25%
Operating result €66k, net result €46k, both a record.
21-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €200kEq €200k ▲22.7%
5 profitable years in a row build equity to €200k.
21-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €150kEq €163k ▲31.8%
4 profitable years in a row build equity to €163k.
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €100kEq €124k ▲38.3%
3 profitable years in a row build equity to €124k.
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Torhout · 1 establishment unit since 2016
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.
Aartrijkestraat 1188820 TorhoutGround area
838 m²
Building footprint
112 m²
Volume, LiDAR
656 m³
Parcel 31033A0903/00D000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HBL Consult
since 20162.248.752.978
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31033A0903/00D000 | Flanders | 838 m² | 1 · 112 m² | 9.3 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.
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Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 39,044 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2015
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.