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Complete company report
Generated 02-08-2026
Active BE 0717.757.141Private limited company (pre-2019)

HC GROUP

· 7 yrs active
Sector: Road freight transport (49410)
Conclusion Checked

The computed 12-month bankruptcy probability of HC GROUP is 10.5% (high). The 2023 annual accounts show equity of €26k and a net result of €7k. Equity is growing by ~25% per year across the filed fiscal years. Its solvency ranks better than 46% of 1810 sector peers (fiscal year 2023). The company has been active since 2019 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €26k
Net result €7k
Better than sector 46%
Active 7 yrs
Snowflake analysis 5 axes · computed by Checked
Health56Profitability100Solvency35Growth78Stability92
72 / 100

Strong profile, led by profitability.

Health 56
Profitability 100
Solvency 35
Growth 78
Stability 92
Bankruptcy probability (12 mo) Checked model v1 · free
10.5% High
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Recent warning signals +Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
3 / 100
Low risk
Components
· 1 administrative flag (+3)
Trust signals 2 signals
More than 3 years active
Founded in 2019, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administrative Flags 1 events
Address struck
Health barometer FY 2023 · computed
56 / 100 Fair
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview5 NBB filings
Annual accounts filed on 06-11-2024 with the NBB · fiscal year 2023 · micro
€0€5k€10kOperating result 2019: €5k€5kNet result 2019: €5k€5kOperating result 2020: €4k€4kNet result 2020: €8k€8kOperating result 2021: €5k€5kNet result 2021: €27€27Operating result 2022: €9k€9kNet result 2022: €5k€5kOperating result 2023: €10k€10kNet result 2023: €7k€7k20192020202120222023
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~25%/year over 5 fiscal years, indicative, assuming unchanged policy.
€10k€20k€30k€40k2024: €28k (€26k - €30k)2025: €32k (€30k - €34k)2026: €35k (€32k - €38k)2019: €11k2020: €14k2021: €14k2022: €19k2023: €26k20192020202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2023 · NACE 49, Land transport · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 24.7% 28.3%
better than 46% of 1810 sector peers
Net result €7k €4k
better than 57% of 1789 sector peers
Equity €26k €16k
better than 62% of 1821 sector peers
Gross operating margin €34k €25k
better than 56% of 1777 sector peers
Total assets €104k €64k
better than 63% of 1812 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€26k
+22.9% +18% vs sector
Net profit
€7k
+38.3% far above sector median
Cash flow
€22k
+36.5% -9% vs sector
Total assets
€104k
+7.7% -31% vs sector
Equity
€26k
+34.8% -75% vs sector
Working capital
€-4k
+69.0% far below sector median
Employees (FTE)
0
- -78% vs sector
Staff costs
€339
-92.8% -99% vs sector
Income taxes
€953
-62.9% +159% vs sector
Debt
€78k
+1.0% +138% vs sector
Debt ≤ 1y
€66k
+24.8% +110% vs sector
Debt > 1y
€12k
-50.6% 19-23
Current ratio
0.93
+27.9% -84% vs sector
Quick ratio
0.93
+27.9% -84% vs sector
Solvency
24.7%
+25.2% -70% vs sector
Debt / equity
3.05
-25.0% far above sector median
ROE
25.8%
+2.6% far above sector median
ROA
6.4%
+28.4% far above sector median
Interest coverage
6.99
-27.8% -73% vs sector
Figures by fiscal year
Fiscal year2023
Revenue-
EBITDA€26k
Net profit€7k
Cash flow€22k
Staff costs-
Income taxes-
Dividends-
Total assets€104k
Equity€26k
Debt€78k
of which ≤ 1y€66k
of which > 1y€12k
Working capital€-4k
Employees (FTE)-
Ratios (computed)
2023
Current ratio0.93
Quick ratio0.93
Working capital ratio-4.3%
Solvency24.7%
Debt / equity3.05
Long-term debt ratio0.47
Interest coverage6.99
Gross margin-
Net margin-
ROA6.4%
ROE25.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€104k
Fixed assets 21/28€42k
Tangible fixed assets 22/27€42k
Current assets 29/58€62k
Amounts receivable within one year 40/41€61k
Cash & bank 54/58€931
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€104k
Equity 10/15€26k
Contributions / capital 10/11€6k
Accumulated profits (losses) 14€19k
Amounts payable 17/49€78k
Amounts payable after one year 17€12k
Amounts payable within one year 42/48€66k
Trade debts payable within one year 44€8k
Income statement
Gross operating margin 9900€34k
Operating result 9901€10k
Financial income 75€88
Financial charges 65€4k
Result before taxes 9903€7k
Net result for the period 9904€7k
Result to be appropriated 9905€7k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Road freight transport(49410)
Legal form Private limited company (pre-2019)(015)
Incorporation07-01-2019
StatusActive
Postal code-
Establishment units 1 location
HC GROUP
Installatie van hulpvoedingssystemen (generatoraggregaten)
since 20192.283.854.706
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21522B0623/00L000 Brussels 2,442 m² 1 · 406 m² 19.8 m · 2 fl.
21522B0621/00K000 Brussels 93 m² 1 · 86 m² 17.3 m · 5 fl.
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.
Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
27-10-2025
KBO administration Address struck
07-05-2025
State Gazette act Capital & shares
2024
06-11-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
19-02-2024
State Gazette act Capital & shares
2023
09-10-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
28-03-2023
State Gazette act Capital & shares
2022
09-11-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
01-11-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
16-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
Lifecycle & Insolvency Signals 1 events
27-10-2025
KBO administration Address struck
 · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-10-27 · KBO administration · Address struck
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 3 acts
Capital history · 3
07-05-2025
Capital change
19-02-2024
Capital change
28-03-2023
Capital change
All acts · 3 updated 1 year ago
2025
07-05-2025 Transaction in capital or shares Capital & shares
Technical details 
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          "share_class": null,
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        },
        {
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          "name": "BLANKEN Hendrik",
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  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Koekelberg",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2025-05-07",
    "filing_date": "2025-02-21",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2025-02-21",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2025-02-21"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0717.757.141",
    "name_full": "SPRL HC GROUP",
    "legal_form": "SPRL",
    "is_foreign_registered": false
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  "publication_proxy": {
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    "org_kbo": null,
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  },
  "co_filed_documents": [],
  "shareholders_after": [
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      "role": "g\u00E9rant_statutaire",
      "n_shares": 0,
      "share_class": null
    },
    {
      "kbo": null,
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      "name": "BLANKEN Hendrik",
      "role": "g\u00E9rant_statutaire",
      "n_shares": 0,
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  ],
  "share_classes_after": [
    {
      "n_shares": 100,
      "class_name": "Gewone Aandelen",
      "capital_share_eur": null,
      "voting_rights_per_share": null
    }
  ]
}
2024
19-02-2024 All shares are now held by a single shareholder Capital & shares
Technical details 
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      "kind": "share_transfer",
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      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
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          "kbo": null,
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          "name": "YASAR Cihancan",
          "share_class": null,
          "liberation_pct": 100.0,
          "contribution_kind": null,
          "n_shares_subscribed": 25,
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    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2024-02-19",
    "filing_date": null,
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "assembl\u00E9e_generale_extraordinaire",
    "act_date": "2024-02-09",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-01-01"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0717.757.141",
    "name_full": "HC GROUP",
    "legal_form": "SRL",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
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    "org_rep_person_name": null,
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  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": 90.0,
      "kind": "person",
      "name": "YASAR Huseyin Can",
      "role": "aandeelhouder",
      "n_shares": 90,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": 0.0,
      "kind": "person",
      "name": "YASAR Cihancan",
      "role": "aandeelhouder",
      "n_shares": 0,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": 10.0,
      "kind": "person",
      "name": "Madame YASAR Bircan",
      "role": "aandeelhouder",
      "n_shares": 10,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
2023
28-03-2023 All shares are now held by a single shareholder Capital & shares
Technical details 
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      "subscribers": [
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  ],
  "notary": {
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    "office_city": null,
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  },
  "act_meta": {
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    "pub_date": null,
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    "act_kind_objet": "Objet de l\u0027acte :"
  },
  "decision": {
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    "act_date": "2023-03-17",
    "unanimous": true,
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    "underlying_resolution_date": "2023-03-17"
  },
  "bedrijfsrevisor": null,
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    "name_full": "HC GROUP",
    "legal_form": "SRL",
    "is_foreign_registered": false
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  "publication_proxy": {
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  "co_filed_documents": [],
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      "name": "YASAR Huseyin Can",
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    },
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      "role": "administrateur",
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}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410Overige posterijen en koeriers53200Bouw van civieltechnische werken voor vloeistoffen, n.e.g.42219Bouw van civieltechnische werken voor vloeistoffen, neg42219Overige posterijen en koeriers53200Overige posterijen en koeriers53200
Primary activity highlighted.
Names & trade names
Legal nameFR HC GROUP
Registration history
  1. 27-10-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative