HBM
ActiveHBM has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €131k and a net result of €8k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 36376 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▲+1
Solvency100▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 9.92 against 2.41 in 2023; short-term debt: 7.7% and cash: 40.5% of total assets), and 7.7% 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
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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
91 d late
2022
57 d late
2021
54 d late
2020
61 d late
2019
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€131k▲ 6.3%
2023 · €123k
2018: €90k
2019: €105k
2020: €91k
2021: €103k
2022: €115k
2023: €123k
2018 → 2024
Total assets
€142k▼ 26.0%
2023 · €192k
2018: €109k
2019: €121k
2020: €99k
2021: €125k
2022: €184k
2023: €192k
2018 → 2024
Net result
€8k▼ 12.2%
2023 · €9k
2018: €3k
2019: €16k
2020: €-14k
2021: €12k
2022: €12k
2023: €9k
2018 → 2024
Working capital
€98k▲ 10.5%
2023 · €89k
2018: €70k
2019: €68k
2020: €61k
2021: €78k
2022: €69k
2023: €89k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€91k-€103k▲ 12.9%€115k▲ 11.6%€123k▲ 7.8%€131k▲ 6.3%
Operating result€-15k-€13k€18k▲ 30.9%€15k▼ 16.5%€12k▼ 17.3%
Net result€-14k-€12k€12k▲ 1.2%€9k▼ 25.1%€8k▼ 12.2%
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; 2024 is 17% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €142k
Fixed assets
€33k▼ 18.4%
Current assets
€109k▼ 28.1%
Equity and liabilities €142k
Equity
€131k▲ 6.3%
Debt
€11k▼ 84.0%
The debt ratio falls from 35.8% to 7.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21k▼
2023 · €27k
Cash flow
€17k▼
2023 · €21k
Solvency
92.3%▲
2023 · 64.2%
Current ratio
9.92▲
2023 · 2.41
Quick ratio
9.92▲
2023 · 2.32
Debt / equity
0.08▼
2023 · 0.56
ROE
6.0%▼
2023 · 7.2%
ROA
5.5%▲
2023 · 4.6%
Interest coverage
151.16▲
2023 · 26.58
Debt
€11k▼
2023 · €69k
Debt ≤ 1 year
€11k▼
2023 · €63k
Income taxes
€4k▼
2023 · €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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€192k€142k▼
Fixed assets21/28€41k€33k▼
Tangible fixed assets22/27€41k€33k▼
Land and buildings22€13k€12k▼
Furniture and vehicles24€28k€21k▼
Current assets29/58€152k€109k▼
Stocks and contracts in progress3€6k-
Stocks30/36€6k-
Amounts receivable within one year40/41€78k€51k▼
Trade receivables40€64k€35k▼
Other amounts receivable41€15k€16k▲
Cash at bank and in hand54/58€66k€58k▼
Deferred charges and accrued income490/1€1k€632▼
Equity and liabilities
Total equity and liabilities10/49€192k€142k▼
Equity10/15€123k€131k▲
Contributions10/11€19k€19k=
Reserves13€105k€113k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€103k€111k▲
Amounts payable17/49€69k€11k▼
Amounts payable after more than one year17€6k-
Financial debts170/4€6k-
Amounts payable within one year42/48€63k€11k▼
Current portion of amounts payable after more than one year42€2k-
Trade debts44€20k€5k▼
Suppliers440/4€20k€5k▼
Advances received on contracts in progress46€29k-
Taxes, remuneration and social security45€12k€6k▼
Taxes450/3€12k€6k▼
Remuneration and social security454/9-€17
Income statement
Code20232024
Remuneration, social security and pensions62€1-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€9k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€7k
Other operating charges640/8€2k€2k▼
Gross operating margin9900€29k€29k▲
Operating profit (loss)9901€15k€12k▼
Financial income75/76B€366€9▼
Recurring financial income75€366€9▼
Financial charges65/66B€1k€139▼
Recurring financial charges65€1k€139▼
Profit (loss) for the period before taxes9903€14k€12k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€9k€8k▼
Profit (loss) for the period to be appropriated9905€9k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€8k▼
Transfer to equity691/2€9k€8k▼
To other reserves6921€9k€8k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Liquidity quadruplescurrent ratio 9.92
Current ratio from 2.41 to 9.92; short-term debt falls from €63k to €11k.
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
2022
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 54 days late
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-12
Financial
Equity above €100kEq €103k ▲12.9%
Equity rises from €91k to €103k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet €-14k ▼190%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Highest result since 2018net €16k ▲379%
Operating result €24k, net result €16k, both a record.
31-12
Financial
Equity above €100kEq €105k ▲16.9%
2 profitable years in a row build equity to €105k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Schilde · 1 establishment unit since 2005
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.
Sint Jobsteenweg 88A2970 SchildeGround area
1,837 m²
Building footprint
214 m²
Volume, LiDAR
959 m³
Parcel 11041A0213/00F003, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HBM
since 20052.150.114.173
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041A0213/00F003 | Flanders | 1,837 m² | 1 · 214 m² | 6.7 m · 1 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.
Similar companies · same sector, comparable size
CAUWELIER WELDING
BE 0886.264.452
Staden · Eq €131k
BEYST
BE 0468.302.241
Laarne · Eq €131k
SGLD
BE 0761.907.086
Hasselt · Eq €131k
PATTYN ENERGIETECHNIEKEN
BE 0650.898.209
Brugge · Eq €131k
DETECTIE SERVICE KEMPEN
BE 0842.411.841
Arendonk · Eq €131k
Of 7,042 companies in sector 43221 we hold annual accounts for 3,471. 3,031 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-11-2005
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
45332
43222Installation of electric heating, air conditioning, cooling and ventilation
46842Wholesale trade
47521Retail sale of hardware, building materials, paint and glass (general range)
51542
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0475/947475