HBPJ
ActiveSummary
The computed 12-month bankruptcy probability of HBPJ is 9.5% (elevated). The annual accounts of HBPJ for fiscal year 2024 show a net loss of 53% of the equity at the start of that year. The 2024 annual accounts show equity of €12,924 and a net result of -€14,786. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 49% of 18940 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-85
Solvency53▼-18
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
9.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.61 against 0.95 in 2023; short-term debt: 71.7% and cash: 23.2% of total assets), and 71.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
28.3%
Return on assets
-32.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-08-2025, 23 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
23 d late
2023
20 d late
2022
17 d late
2021
74 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 34 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€12,924▼ 53.4%
2023 · €27,710
Total assets
€45,614▼ 24.1%
2023 · €60,113
Net result
-€14,786
2023 · €8,021
Working capital
-€12,644▼ 703%
2023 · -€1,574
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€10,236-€5,358▼ 47.7%€10,163▲ 89.7%-€14,594
Net result€9,829within the sector's middle half-€4,860within the sector's middle half▼ 50.5%€8,021within the sector's middle half▲ 65.0%-€14,786below the sector's middle half
Equity€14,829within the sector's middle half-€19,689within the sector's middle half▲ 32.8%€27,710within the sector's middle half▲ 40.7%€12,924within the sector's middle half▼ 53.4%
Total assets€56,117within the sector's middle half-€63,744within the sector's middle half▲ 13.6%€60,113within the sector's middle half▼ 5.7%€45,614below the sector's middle half▼ 24.1%
Debt€41,288-€44,055▲ 6.7%€32,404▼ 26.4%€32,690▲ 0.9%
Working capital-€21,889within the sector's middle half--€13,312within the sector's middle half▲ 39.2%-€1,574within the sector's middle half▲ 88.2%-€12,644within the sector's middle half▼ 703%
Solvency26.4%within the sector's middle half-30.9%within the sector's middle half▲ 4.5pp46.1%within the sector's middle half▲ 15.2pp28.3%within the sector's middle half▼ 17.8pp
Current ratio0.47below the sector's middle half-0.70within the sector's middle half▲ 0.230.95within the sector's middle half▲ 0.250.61within the sector's middle half▼ 0.34
Return on assets (ROA)17.5%within the sector's middle half-7.6%within the sector's middle half▼ 9.9pp13.3%within the sector's middle half▲ 5.7pp-32.4%below the sector's middle half▼ 45.8pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €14,594 after €10,163 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €45,614
Fixed assets
€25,568 ▼ 12.7%
Current assets
€20,046 ▼ 35.0%
Equity and liabilities €45,614
Equity
€12,924 ▼ 53.4%
Debt
€32,690 ▲ 0.9%
Debt's share of the balance-sheet total rises from 53.9% to 71.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€10,877▼
2023 · €13,880
Cash flow
-€11,069▼
2023 · €11,738
Quick ratio
0.43▼
2023 · 0.80
Debt to equity
2.53▲
2023 · 1.17
ROE
-114.4%▼
2023 · 28.9%
Interest coverage
-56.68▼
2023 · 82.32
Debt ≤ 1 year
€32,690▲
2023 · €32,404
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,135 companies that looked in July 2024 the way this one looks now, 5.9% went bankrupt within 24 months and 86% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
5.9%
went bankrupt
6.5%
stopped otherwise
86%
still going
A further 1.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 9.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,135 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €11,066 | €2,413 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,896 | €3,717 | €3,717 | €3,717 | = |
| Other operating charges640/8 | €1,607 | €183 | €308 | €130 | ▼ 57.8% |
| Gross operating margin9900 | €13,739 | €20,324 | €16,601 | -€10,747 | ▼ 165% |
| Operating profit (loss)9901 | €10,236 | €5,358 | €10,163 | -€14,594 | ▼ 244% |
| Financial income75/76B | €107 | €12 | €40 | - | - |
| Recurring financial income75 | €107 | €12 | €40 | - | - |
| Financial charges65/66B | €58 | €295 | €169 | €192 | ▲ 13.8% |
| Recurring financial charges65 | €58 | €295 | €169 | €192 | ▲ 13.8% |
| Profit (loss) for the period before taxes9903 | €10,286 | €5,075 | €10,035 | -€14,786 | ▼ 247% |
| Income taxes67/77 | €457 | €215 | €2,014 | - | - |
| Profit (loss) for the period9904 | €9,829 | €4,860 | €8,021 | -€14,786 | ▼ 284% |
| Profit (loss) for the period to be appropriated9905 | €9,829 | €4,860 | €8,021 | -€14,786 | ▼ 284% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €56,117 | €63,744 | €60,113 | €45,614 | ▼ 24.1% |
| Fixed assets21/28 | €36,717 | €33,001 | €29,284 | €25,568 | ▼ 12.7% |
| Intangible fixed assets21 | €27,798 | €24,872 | €21,946 | €19,019 | ▼ 13.3% |
| Tangible fixed assets22/27 | €3,520 | €2,729 | €1,939 | €1,148 | ▼ 40.8% |
| Furniture and vehicles24 | €3,520 | €2,729 | €1,939 | €1,148 | ▼ 40.8% |
| Financial fixed assets28 | €5,400 | €5,400 | €5,400 | €5,400 | = |
| Current assets29/58 | €19,399 | €30,743 | €30,829 | €20,046 | ▼ 35.0% |
| Stocks and contracts in progress3 | €5,815 | €8,045 | €4,895 | €6,041 | ▲ 23.4% |
| Stocks30/36 | €5,815 | €8,045 | €4,895 | €6,041 | ▲ 23.4% |
| Amounts receivable within one year40/41 | €6,274 | €2,491 | €7,018 | €3,339 | ▼ 52.4% |
| Trade receivables40 | €1,528 | - | €4,309 | €80 | ▼ 98.2% |
| Other amounts receivable41 | €4,746 | €2,491 | €2,709 | €3,259 | ▲ 20.3% |
| Cash at bank and in hand54/58 | €7,310 | €19,269 | €18,916 | €10,582 | ▼ 44.1% |
| Deferred charges and accrued income490/1 | - | €938 | - | €85 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €56,117 | €63,744 | €60,113 | €45,614 | ▼ 24.1% |
| Equity10/15 | €14,829 | €19,689 | €27,710 | €12,924 | ▼ 53.4% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €9,829 | €14,689 | €22,710 | €7,924 | ▼ 65.1% |
| Amounts payable17/49 | €41,288 | €44,055 | €32,404 | €32,690 | ▲ 0.9% |
| Amounts payable within one year42/48 | €41,288 | €44,055 | €32,404 | €32,690 | ▲ 0.9% |
| Trade debts44 | €2,218 | €258 | €2,196 | €3,422 | ▲ 55.8% |
| Suppliers440/4 | €2,218 | €258 | €2,196 | €3,422 | ▲ 55.8% |
| Taxes, remuneration and social security45 | €1,957 | €8,559 | €5,719 | €6,912 | ▲ 20.9% |
| Taxes450/3 | €1,607 | €3,312 | €5,419 | €6,399 | ▲ 18.1% |
| Remuneration and social security454/9 | €350 | €5,247 | €300 | €513 | ▲ 71.0% |
| Other amounts payable47/48 | €37,113 | €35,238 | €24,488 | €22,356 | ▼ 8.7% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,829 | €4,860 | €8,021 | -€14,786 | ▼ 284% |
| + Depreciation and write-downs630 | €1,896 | €3,717 | €3,717 | €3,717 | = |
| Operating cash flow (approximation) | €11,725 | €8,577 | €11,738 | -€11,069 | ▼ 194% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | €11,959 | -€353 | -€8,334 | ▼ 2,261% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
2024
31-12
Financial
Weakest financial yearnet -€14,786
Net result drops to -€14,786, the lowest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Elsene · 1 establishment unit since 2020
Ground area
84 m²
Building footprint
85 m²
Volume, LiDAR
1,072 m³
Parcel 21445C0253/00R005, Brussels · tallest building 15.5 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
HBPJ
since 20202.314.185.616
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0253/00R005 | Brussels | 84 m² | 1 · 85 m² | 15.5 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteElsene2.314.185.616
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Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. 7,798 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
43130Specialised construction activities
43211General electrical installation work
43212Electrical installation work in industrial facilities
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0755427684
Registered
10-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.