HBTRADE
ActiveHBTRADE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87k and a net result of €21k. Equity is growing by ~42.7% per year across the filed fiscal years. Its solvency ranks better than 37% of 7002 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-14
Solvency63▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.09 in 2024; short-term debt: 50.8% and cash: 1.3% of total assets), and 61.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
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
38.3%
Return on assets
9.2%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 25-02-2026, 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
50 d early
2023
on the day
2022
1 d late
2021
49 d early
2020
4 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€87k▲ 31.7%
2024 · €66k
2020: €15k
2021: €24k
2022: €34k
2023: €55k
2024: €66k
2020 → 2025
Total assets
€228k▼ 3.3%
2024 · €236k
2020: €261k
2021: €288k
2022: €262k
2023: €243k
2024: €236k
2020 → 2025
Net result
€21k▲ 87.5%
2024 · €11k
2020: €-5k
2021: €9k
2022: €10k
2023: €21k
2024: €11k
2020 → 2025
Working capital
€-113k▼ 2.8%
2024 · €-110k
2020: €-52k
2021: €-70k
2022: €-86k
2023: €-97k
2024: €-110k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€34k▲ 43.8%€55k▲ 60.4%€66k▲ 20.3%€87k▲ 31.7%
Operating result€16k-€19k▲ 18.7%€-26k€14k€26k▲ 79.1%
Net result€9k-€10k▲ 14.5%€21k▲ 98.5%€11k▼ 46.0%€21k▲ 87.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 79% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €228k
Fixed assets
€225k=
Current assets
€3k▼ 72.7%
Equity and liabilities €228k
Equity
€87k▲ 31.7%
Debt
€141k▼ 17.0%
The debt ratio falls from 71.9% to 61.7%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
38.3%▲
2024 · 28.1%
Current ratio
0.03▼
2024 · 0.09
Quick ratio
0.03▼
2024 · 0.09
Debt / equity
1.61▼
2024 · 2.56
ROE
24.1%▲
2024 · 16.9%
ROA
9.2%▲
2024 · 4.7%
Debt
€141k▼
2024 · €170k
Debt ≤ 1 year
€116k▼
2024 · €121k
Debt > 1 year
€15k▼
2024 · €45k
Income taxes
€2k
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€236k€228k▼
Fixed assets21/28€225k€225k=
Financial fixed assets28€225k€225k=
Current assets29/58€11k€3k▼
Amounts receivable within one year40/41€10k-
Trade receivables40€10k-
Other amounts receivable41€413-
Cash at bank and in hand54/58€764€3k▲
Equity and liabilities
Total equity and liabilities10/49€236k€228k▼
Equity10/15€66k€87k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€46k€67k▲
Amounts payable17/49€170k€141k▼
Amounts payable after more than one year17€45k€15k▼
Financial debts170/4€45k€15k▼
Amounts payable within one year42/48€121k€116k▼
Current portion of amounts payable after more than one year42€29k€30k▲
Trade debts44€8k-
Suppliers440/4€8k-
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€4k▲
Other amounts payable47/48€81k€81k=
Accrued charges and deferred income492/3€4k€10k▲
Income statement
Code20242025
Remuneration, social security and pensions62€20-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k-
Other operating charges640/8€448€451▲
Gross operating margin9900€20k€26k▲
Operating profit (loss)9901€14k€26k▲
Financial income75/76B€110-
Recurring financial income75€110-
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€11k€23k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€11k€21k▲
Profit (loss) for the period to be appropriated9905€11k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€46k€67k▲
Profit (loss) brought forward from the previous period14P€35k€46k▲
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
25-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
30-06
Financial
Highest result since 2020net €21k ▲87.5%
Operating result €26k, net result €21k, both a record.
2024
12-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2021
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
04-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
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, Thuin · 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.
Drève des Alliés(THN) 866530 ThuinGround area
8,898 m²
Building footprint
1,982 m²
Volume, LiDAR
10,558 m³
2 parcels, Wallonia · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Mons(F-E) 194, 6140 Fontaine-l'Evêque
since 20192.296.963.166
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52022C0214/00C000 | Wallonia | 7,956 m² | 1 · 1,800 m² | 10.4 m · 2 fl. |
| 56078B0219/00D002 | Wallonia | 942 m² | 1 · 182 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,900. 5,614 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-06-2019
Fiscal year end30-06
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68321Property management for co-owned buildings (syndics)
68322Real estate activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.