HBS Consulting

Active

Private limited companyfounded 20215 yrs activeVorstlaan 24, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0768.503.284

The computed 12-month bankruptcy probability of HBS Consulting is 1.6% (moderate). The 2025 annual accounts show equity of €103k and a net result of €183k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 38% of 315 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

62 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency39▲+1

Growth78=

Track record94

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €6k at 30 days acceptable

Liquidity tight (current ratio 1.15 against 1.14 in 2024; short-term debt: 86% and cash: 84.8% of total assets), and 86% of the assets are financed with debt.

How do we compute the score and the probability?

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

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

14%

Return on assets

24.9%

Age of the figures

9 mo

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 78

Relative position

BE, all sectors

reference

Sector 78

lower

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-07-2026, 26 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

26 d early

2024

on the day

2023

26 d late

2022

40 d early

2021

8 d late

← before the deadline after the deadline →

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 months

Position in the running window

20-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€103k▲ 8.9%

2024 · €95k

2021: €20k 2022: €181k 2023: €92k 2024: €95k

2021 → 2025

Total assets

€736k▲ 1.6%

2024 · €725k

2021: €80k 2022: €363k 2023: €557k 2024: €725k

2021 → 2025

Net result

€183k▼ 43.2%

2024 · €323k

2021: €12k 2022: €162k 2023: €126k 2024: €323k

2021 → 2025

Working capital

€98k▲ 9.0%

2024 · €90k

2021: €21k 2022: €189k 2023: €87k 2024: €90k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€20k-€181k▲ 824%€92k▼ 49.3%€95k▲ 3.0%€103k▲ 8.9%

Operating result€18k-€214k▲ 1,066%€170k▼ 20.7%€441k▲ 159%€261k▼ 40.9%

Net result€12k-€162k▲ 1,292%€126k▼ 22.3%€323k▲ 157%€183k▼ 43.2%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 41% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €736k

99.3%

Fixed assets €6k▲ 10.8%

Current assets €731k▲ 1.5%

Equity and liabilities €736k

14.0%

86.0%

Equity €103k▲ 8.9%

Debt €633k▲ 0.5%

The debt ratio falls from 86.9% to 86.0%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€264k▼

2024 · €443k

Cash flow

€187k▼

2024 · €326k

Solvency

14.0%▲

2024 · 13.1%

Current ratio

1.15▲

2024 · 1.14

Quick ratio

1.15▲

2024 · 1.14

Debt / equity

6.14▼

2024 · 6.65

ROE

177.8%▼

2024 · 340.7%

ROA

24.9%▼

2024 · 44.5%

Interest coverage

114.81▼

2024 · 285.36

Debt

€633k▲

2024 · €630k

Debt ≤ 1 year

€633k▲

2024 · €630k

Income taxes

€76k▼

2024 · €116k

Staff costs

€1.30M▲

2024 · €1.16M

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€725k€736k▲

Formation expenses20€223-

Fixed assets21/28€5k€6k▲

Tangible fixed assets22/27€5k€6k▲

Plant, machinery and equipment23€2k€2k▼

Furniture and vehicles24€3k€4k▲

Current assets29/58€720k€731k▲

Amounts receivable within one year40/41€293k€106k▼

Trade receivables40€293k€92k▼

Other amounts receivable41-€14k

Cash at bank and in hand54/58€426k€624k▲

Equity and liabilities

Total equity and liabilities10/49€725k€736k▲

Equity10/15€95k€103k▲

Contributions10/11€8k€8k=

Capital10€8k€8k=

Issued capital100€8k€8k=

Reserves13€800€800=

Non-distributable reserves130/1€800€800=

Legal reserve130€800€800=

Profit (loss) carried forward14€86k€94k▲

Amounts payable17/49€630k€633k▲

Amounts payable within one year42/48€630k€633k▲

Current portion of amounts payable after more than one year42€8k€38k▲

Trade debts44€56k€23k▼

Suppliers440/4€56k€23k▼

Taxes, remuneration and social security45€242k€340k▲

Taxes450/3€95k€161k▲

Remuneration and social security454/9€147k€179k▲

Other amounts payable47/48€324k€232k▼

Income statement Code20242025

Remuneration, social security and pensions62€1.16M€1.30M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲

Other operating charges640/8€1k€1k▲

Gross operating margin9900€1.60M€1.57M▼

Operating profit (loss)9901€441k€261k▼

Financial income75/76B€1€1k▲

Recurring financial income75€1€1k▲

Financial charges65/66B€2k€2k▲

Recurring financial charges65€2k€2k▲

Profit (loss) for the period before taxes9903€439k€260k▼

Income taxes67/77€116k€76k▼

Profit (loss) for the period9904€323k€183k▼

Profit (loss) for the period to be appropriated9905€323k€183k▼

Appropriation of the result

Profit (loss) to be appropriated9906€406k€269k▼

Profit (loss) brought forward from the previous period14P€83k€86k▲

Profit to be distributed694/7€320k€175k▼

Directors or managers695€320k€175k▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 8Financial 3Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

05-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-12

Financial Equity above €100kEq €103k ▲8.9%

5 profitable years in a row build equity to €103k.

31-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2021net €323k ▲157%

Operating result €441k, net result €323k, both a record.

26-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 26 days late

2023

21-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Equity above €150kEq €181k ▲824%

2 profitable years in a row build equity to €181k.

08-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 8 days late

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, Watermaal-Bosvoorde · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Vorstlaan 241170 Watermaal-Bosvoorde

Ground area

2,183 m²

Building footprint

716 m²

Volume, LiDAR

9,799 m³

Parcel 21652E0165/00Y007, Brussels · tallest building 19.5 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

HBS Consulting

Vorstlaan 24, 1170 Watermaal-BosvoordeBusiness consulting

since 20212.317.286.448

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21652E0165/00Y007	Brussels	2,183 m²	1 · 716 m²	19.5 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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AVANCE MATCHING PROFESSIONALS

Of 2,362 companies in sector 78100 we hold annual accounts for 1,365. 1,090 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded18-05-2021

Fiscal year end31-12

Abbreviation FR HBS

Activities, NACEBEL

70200Business and other management consultancy

70220Business consulting

78100Employment placement agencies

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.