HBX
ActiveHBX has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48k and a net result of €29k. Equity is shrinking by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 72% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 100
Excellent▲ +40 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency96▲+83
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 0.79 in 2024), and 23.9% 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
76.1%
Return on assets
46.4%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-03-2026, 122 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
122 d early
2024
149 d early
2023
139 d early
2022
123 d early
2021
54 d early
2020
74 d early
2019
29 d early
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€48k▲ 156%
2024 · €19k
2018: €63k
2019: €101k
2020: €63k
2021: €62k
2022: €62k
2023: €62k
2024: €19k
2018 → 2025
Total assets
€63k▼ 69.6%
2024 · €206k
2018: €82k
2019: €113k
2020: €148k
2021: €136k
2022: €254k
2023: €220k
2024: €206k
2018 → 2025
Net result
€29k▼ 67.2%
2024 · €89k
2018: €37k
2019: €39k
2020: €75k
2021: €53k
2022: €81k
2023: €72k
2024: €89k
2018 → 2025
Working capital
€12k
2024 · €-37k
2018: €23k
2019: €81k
2020: €63k
2021: €21k
2022: €7k
2023: €5k
2024: €-37k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€62k-€62k=€62k=€19k▼ 70.2%€48k▲ 156%
Operating result€67k-€101k▲ 49.9%€91k▼ 9.0%€114k▲ 24.1%€38k▼ 66.8%
Net result€53k-€81k▲ 52.9%€72k▼ 11.8%€89k▲ 23.7%€29k▼ 67.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 67% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €63k
Fixed assets
€36k▼ 45.2%
Current assets
€27k▼ 80.8%
Equity and liabilities €63k
Equity
€48k▲ 156%
Debt
€15k▼ 92.0%
The debt ratio falls from 91.0% to 23.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€67k▼
2024 · €144k
Cash flow
€58k▼
2024 · €119k
Solvency
76.1%▲
2024 · 9.0%
Current ratio
1.81▲
2024 · 0.79
Quick ratio
1.81▲
2024 · 0.79
Debt / equity
0.31▼
2024 · 10.08
ROE
61.0%▼
2024 · 476.7%
ROA
46.4%▲
2024 · 43.0%
Interest coverage
113.27▼
2024 · 183.81
Debt
€15k▼
2024 · €187k
Debt ≤ 1 year
€15k▼
2024 · €178k
Debt > 1 year
€0▼
2024 · €10k
Income taxes
€8k▼
2024 · €24k
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€206k€63k▼
Fixed assets21/28€65k€36k▼
Tangible fixed assets22/27€65k€36k▼
Furniture and vehicles24€65k€36k▼
Current assets29/58€141k€27k▼
Amounts receivable within one year40/41€20k€14k▼
Trade receivables40€19k€0▼
Other amounts receivable41€905€14k▲
Current investments50/53€0-
Cash at bank and in hand54/58€119k€11k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€206k€63k▼
Equity10/15€19k€48k▲
Contributions10/11€19k€19k=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€17€29k▲
Amounts payable17/49€187k€15k▼
Amounts payable after more than one year17€10k€0▼
Financial debts170/4€10k€0▼
Amounts payable within one year42/48€178k€15k▼
Current portion of amounts payable after more than one year42€29k€10k▼
Trade debts44€2k€717▼
Suppliers440/4€2k€717▼
Taxes, remuneration and social security45€14k€3k▼
Taxes450/3€14k€3k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€132k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€29k▼
Other operating charges640/8€387€607▲
Gross operating margin9900€144k€68k▼
Operating profit (loss)9901€114k€38k▼
Financial income75/76B€48€234▲
Recurring financial income75€48€234▲
Financial charges65/66B€783€592▼
Recurring financial charges65€783€592▼
Profit (loss) for the period before taxes9903€113k€37k▼
Income taxes67/77€24k€8k▼
Profit (loss) for the period9904€89k€29k▼
Profit (loss) for the period to be appropriated9905€89k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€89k€29k▼
Profit (loss) brought forward from the previous period14P-€17
Transfer from equity791/2€44k€0▼
Profit to be distributed694/7€132k€0▼
Return on contributions (dividend)694€132k€0▼
The notes to these accounts (7 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
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €29k ▼67.2%
Net result drops to €29k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 1.81
Current ratio from 0.79 to 1.81; short-term debt falls from €178k to €15k.
04-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €89k ▲23.7%
Operating result €114k, net result €89k, both a record.
14-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity quadruplescurrent ratio 7.93
Current ratio from 2.23 to 7.93; short-term debt falls from €19k to €12k.
31-12
Financial
Equity above €100kEq €101k ▲61.9%
2 profitable years in a row build equity to €101k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
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
3 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, Lievegem · 1 establishment unit since 2017
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.
Tulpenstraat 29920 LievegemGround area
589 m²
Building footprint
99 m²
Volume, LiDAR
557 m³
Parcel 44036A1723/00B002, Flanders · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HBX
since 20172.259.602.528
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44036A1723/00B002 | Flanders | 589 m² | 1 · 99 m² | 6.1 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 82,201 companies in sector 70200 we hold annual accounts for 52,400. 37,776 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-12-2016
Fiscal year end31-12
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 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.