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HC MANAGEMENT

Active
Private limited companyfounded 20233 yrs activeRue Taille Guerry 326, 5350 Ohey, BelgiumKBO/BCE: BE 0797.284.273
Summary

HC MANAGEMENT has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €397,610 and a net result of €142,760. Equity is growing by ~58.1% per year across the filed fiscal years. Its solvency ranks better than 44% of 32629 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability70▼-24
Solvency74▲+16
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.03 in 2024; short-term debt: 22.9% and cash: 0.1% of total assets), and 50.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · 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
49.2%
Return on assets
17.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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 · 3 filings
Deviation from the deadline
2025
6 d late
2024
29 d late
2023
26 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 27 August (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

HC MANAGEMENT was incorporated on 17 January 2023 as a Private limited company by one natural person, with a starting capital of EUR 3,000.12 The board currently has 2 members; Cédric Herbiet has served longest, since 2023.2 Total assets rose from EUR 278,610 in 2023 to EUR 808,598 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 19-01-2023
  3. 3National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€397,610▲ 56.0%
2024 · €254,849
Total assets
€808,598▲ 5.5%
2024 · €766,130
Net result
€142,760▼ 6.8%
2024 · €153,144
Working capital
€55,313▲ 528%
2024 · €8,809
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€134,257-€210,570▲ 56.8%€294,029▲ 39.6%
Net result€98,706above the sector's middle half-€153,144above the sector's middle half▲ 55.2%€142,760above the sector's middle half▼ 6.8%
Equity€101,706within the sector's middle half-€254,849above the sector's middle half▲ 151%€397,610above the sector's middle half▲ 56.0%
Total assets€278,610within the sector's middle half-€766,130above the sector's middle half▲ 175%€808,598above the sector's middle half▲ 5.5%
Debt€176,904-€511,280▲ 189%€410,989▼ 19.6%
Working capital€19,707within the sector's middle half-€8,809within the sector's middle half▼ 55.3%€55,313within the sector's middle half▲ 528%
Solvency36.5%within the sector's middle half-33.3%within the sector's middle half▼ 3.2pp49.2%within the sector's middle half▲ 15.9pp
Current ratio1.14within the sector's middle half-1.03below the sector's middle half▼ 0.121.30within the sector's middle half▲ 0.27
Return on assets (ROA)35.4%above the sector's middle half-20.0%within the sector's middle half▼ 15.4pp17.7%within the sector's middle half▼ 2.3pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
€0€100,000€200,000€300,000Operating result 2023: €134,257€134,257Net result 2023: €98,706€98,706Operating result 2024: €210,570€210,570Net result 2024: €153,144€153,144Operating result 2025: €294,029€294,029Net result 2025: €142,760€142,760202320242025€0€100,000€200,000€300,000Operating result 2023: €134,257€134,000Net result 2023: €98,706€98,700Operating result 2024: €210,570€211,000Net result 2024: €153,144Operating result 2025: €294,029€294,000Net result 2025: €142,760€143,000202320242025
The operating result has risen two years in a row; 2025 is 40% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €808,598
Fixed assets €567,850 ▲ 28.9%
Current assets €240,749 ▼ 26.1%
Equity and liabilities €808,598
Equity €397,610 ▲ 56.0%
Debt €410,989 ▼ 19.6%
Debt's share of the balance-sheet total falls from 66.7% to 50.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€333,141▲
2024 · €222,684
Cash flow
€181,872▲
2024 · €165,258
Debt to equity
1.03▼
2024 · 2.01
ROE
35.9%▼
2024 · 60.1%
Interest coverage
3.56▼
2024 · 26.12
Debt ≤ 1 year
€185,436▼
2024 · €316,785
Debt > 1 year
€225,553▲
2024 · €193,672
Income taxes
€59,304▲
2024 · €52,379
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,126 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.8% went bankrupt
1.9% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 3,126 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€766,130€808,598▲
Fixed assets21/28€440,536€567,850▲
Tangible fixed assets22/27€440,536€567,850▲
Land and buildings22€116,160€113,891▼
Furniture and vehicles24€101,823€64,980▼
Assets under construction and advance payments27€222,553€388,979▲
Current assets29/58€325,594€240,749▼
Amounts receivable within one year40/41€257,486€238,468▼
Trade receivables40€139,030€201,637▲
Other amounts receivable41€118,456€36,830▼
Cash at bank and in hand54/58€67,977€985▼
Deferred charges and accrued income490/1€130€1,296▲
Equity and liabilities
Total equity and liabilities10/49€766,130€808,598▲
Equity10/15€254,849€397,610▲
Contributions10/11€3,000€3,000=
Reserves13€251,000€394,000▲
Distributable reserves133€251,000€394,000▲
Profit (loss) carried forward14€849€610▼
Amounts payable17/49€511,280€410,989▼
Amounts payable after more than one year17€193,672€225,553▲
Financial debts170/4€193,672€225,553▲
Amounts payable within one year42/48€316,785€185,436▼
Current portion of amounts payable after more than one year42€53,219€34,309▼
Financial debts43€55,000€25,000▼
Credit institutions430/8€55,000€25,000▼
Trade debts44€121,634€43,596▼
Suppliers440/4€121,634€43,596▼
Advances received on contracts in progress46€50,000€0▼
Taxes, remuneration and social security45€30,561€60,531▲
Taxes450/3€30,561€56,214▲
Remuneration and social security454/9€0€4,317▲
Other amounts payable47/48€6,371€22,000▲
Accrued charges and deferred income492/3€824€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,114€39,112▲
Other operating charges640/8€1,558€12,516▲
Gross operating margin9900€224,242€345,657▲
Operating profit (loss)9901€210,570€294,029▲
Financial income75/76B€3,478€1,741▼
Recurring financial income75€3,478€1,741▼
Financial charges65/66B€8,526€93,706▲
Recurring financial charges65€8,526€93,706▲
Profit (loss) for the period before taxes9903€205,522€202,064▼
Income taxes67/77€52,379€59,304▲
Profit (loss) for the period9904€153,144€142,760▼
Profit (loss) for the period to be appropriated9905€153,144€142,760▼
Appropriation of the result
Profit (loss) to be appropriated9906€153,849€143,610▼
Profit (loss) brought forward from the previous period14P€706€849▲
Transfer to equity691/2€153,000€143,000▼
To other reserves6921€153,000€143,000▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,141€12,114€39,112▲ 223%
Other operating charges640/8€486€1,558€12,516▲ 703%
Gross operating margin9900€148,883€224,242€345,657▲ 54.1%
Operating profit (loss)9901€134,257€210,570€294,029▲ 39.6%
Financial income75/76B€650€3,478€1,741▼ 49.9%
Recurring financial income75€650€3,478€1,741▼ 49.9%
Financial charges65/66B€2,832€8,526€93,706▲ 999%
Recurring financial charges65€2,832€8,526€93,706▲ 999%
Profit (loss) for the period before taxes9903€132,075€205,522€202,064▼ 1.7%
Income taxes67/77€33,369€52,379€59,304▲ 13.2%
Profit (loss) for the period9904€98,706€153,144€142,760▼ 6.8%
Profit (loss) for the period to be appropriated9905€98,706€153,144€142,760▼ 6.8%
Line202320242025Change
Assets
Total assets20/58€278,610€766,130€808,598▲ 5.5%
Fixed assets21/28€121,500€440,536€567,850▲ 28.9%
Tangible fixed assets22/27€121,500€440,536€567,850▲ 28.9%
Land and buildings22€118,429€116,160€113,891▼ 2.0%
Furniture and vehicles24€3,071€101,823€64,980▼ 36.2%
Assets under construction and advance payments27-€222,553€388,979▲ 74.8%
Current assets29/58€157,110€325,594€240,749▼ 26.1%
Amounts receivable within one year40/41€115,393€257,486€238,468▼ 7.4%
Trade receivables40€32,670€139,030€201,637▲ 45.0%
Other amounts receivable41€82,723€118,456€36,830▼ 68.9%
Cash at bank and in hand54/58€38,686€67,977€985▼ 98.6%
Deferred charges and accrued income490/1€3,030€130€1,296▲ 894%
Equity and liabilities
Total equity and liabilities10/49€278,610€766,130€808,598▲ 5.5%
Equity10/15€101,706€254,849€397,610▲ 56.0%
Contributions10/11€3,000€3,000€3,000=
Reserves13€98,000€251,000€394,000▲ 57.0%
Distributable reserves133€98,000€251,000€394,000▲ 57.0%
Profit (loss) carried forward14€706€849€610▼ 28.2%
Amounts payable17/49€176,904€511,280€410,989▼ 19.6%
Amounts payable after more than one year17€34,488€193,672€225,553▲ 16.5%
Financial debts170/4€34,488€193,672€225,553▲ 16.5%
Amounts payable within one year42/48€137,403€316,785€185,436▼ 41.5%
Current portion of amounts payable after more than one year42€56,733€53,219€34,309▼ 35.5%
Financial debts43€30,000€55,000€25,000▼ 54.5%
Credit institutions430/8€30,000€55,000€25,000▼ 54.5%
Trade debts44€8,437€121,634€43,596▼ 64.2%
Suppliers440/4€8,437€121,634€43,596▼ 64.2%
Advances received on contracts in progress46-€50,000€0▼ 100%
Taxes, remuneration and social security45€42,233€30,561€60,531▲ 98.1%
Taxes450/3€38,233€30,561€56,214▲ 83.9%
Remuneration and social security454/9€4,000€0€4,317-
Other amounts payable47/48-€6,371€22,000▲ 245%
Accrued charges and deferred income492/3€5,013€824€0▼ 100%
Line202320242025Change
Profit (loss) for the period9904€98,706€153,144€142,760▼ 6.8%
+ Depreciation and write-downs630€14,141€12,114€39,112▲ 223%
Operating cash flow (approximation)€112,846€165,258€181,872▲ 10.1%
Investment in fixed assets (approximation)--€331,150-€166,426▲ 49.7%
Change in cash-€29,291-€66,992▼ 329%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
06-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial Highest result since 2023net €153,144 ▲55.2%
Net result €153,144, the highest in the series.
31-12
Financial Equity above €200,000Eq €254,849 ▲151%
2 profitable years in a row build equity to €254,849.
26-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
19-01
State Gazette act Incorporation
Appointments: HERBIET Cédric (non-statutory director) and HERBIET Arthur (director) · Founder · Founding capital7 facts ▸
  • Incorporation, 16 janvier 2023
  • Founder, HERBIET Cédric
  • Founding capital, €3.000
  • Bank account, BE24 0689 4746 8038
  • Director appointment, HERBIET Cédric (non-statutory director)
  • Mandate compensation, HERBIET Cédric
  • Director appointment, HERBIET Arthur (director)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 1 act read

Directors · office · real estate

Directors
2 directors, no change since 2023
Cédric Herbiet
Non-statutory director · since 17-01-2023
Current
HERBIET Arthur
Director · since 19-01-2023
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Ohey · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,250 m²
Building footprint
309 m²
Parcel 92097C0026/00S000, Wallonia. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
HC MANAGEMENT
Rue Taille Guerry 326, 5350 OheyReal estate development
since 20232.340.877.343
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92097C0026/00S000 Wallonia 1,250 m² 1 · 309 m² -
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.

Mandate history

2 people since 2023, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Cédric Herbiet
  • Non-statutory director, from 17-01-2023 to date
HERBIET Arthur
  • Director, from 19-01-2023 to date
See the board, name and seat on a given date →

Articles of association

Purpose
La société a pour objet, pour compte propre ou pour compte de tiers ou en participation ou partenariat avec des tiers, notamment dans le cadre de partenariat public et privé : - la…
Full purpose

La société a pour objet, pour compte propre ou pour compte de tiers ou en participation ou partenariat avec des tiers, notamment dans le cadre de partenariat public et privé : - la formation, le conseil, et la consultance en général et plus particulièrement en matière de gestion, de restructuration, d’organisation, de méthodologie, d'informatique et d'applications techniques, la recherche de fonds propres et de financements connexes, l’assistance et le conseil en partenariat d’entreprise et en mise en relation de sociétés, le conseil en gestion de l’énergie, la gestion des ressources humaines, l’intermédiation commerciale et industrielle et de toutes sortes de services rendus aux entreprises. - la réalisation de toutes études en faveurs de tiers notamment des sociétés, associations, établissements dans lesquels elle détient, directement ou indirectement, une participation, et l’ exécution de toute assistance technique, administrative et financière, - le commerce et la représentation sous toutes les formes, gros ou détail, et plus particulièrement l'achat, la vente, l'importation et l'exportation, l’intermédiation de toutes matières, produits et marchandises, machines, appareils et outillages, - l'achat et la vente d’œuvres d’arts, d’objets de collection et de décoration ; - l’achat, la vente et le leasing de tous véhicules automobiles. Elle peut pratiquer l’octroi de tous prêts, avances et suretés ou garanties personnelles ou réelles, ainsi que réaliser toutes opérations financières, notamment au bénéfice de sociétés liées ou partenaires. La société peut exécuter tous mandats d’administrateur et/ou de liquidateur, et, en général, tous mandats et fonctions se rapportant directement ou indirectement à son objet. La société a également pour objet la prise de participation sous quelque forme que ce soit, dans toutes sociétés, associations, établissements existants ou à créer, ayant des activités industrielles, financières, immobilières, commerciales ou civiles ainsi que la gestion et la valorisation de ces participations, notamment par la stimulation, la planification et la coordination du développement des sociétés, associations, établissements dans lesquels elle détient une participation. La société a pour objet, pour son propre compte, pour compte de tiers ou en participation avec des tiers, la réalisation, principalement en Belgique mais également dans tout pays quelconque, de toutes opé-rations foncières et immobilières et notamment : la constitution et la gestion d’un patrimoine immobilier et la location-financement de biens immeubles aux tiers, notamment l’ acquisition par l’achat ou autrement, la vente, l’échange, la construction, la reconstruction, la transformation, l’amélioration, l’équipement, l’aménagement, l’embellissement, l’entretien, l’ exploitation, la location, la prise en location, le lotissement, la prospection et l’exploitation de tous droits réels immobiliers, ainsi que toutes opérations qui, directement ou indirectement, sont en relation avec cet objet et qui sont de nature à favoriser l’accroissement et le rapport d’un patrimoine immobilier, de même que se porter caution pour la bonne fin d’engagements pris par des tiers qui auraient la jouissance de ces biens immeubles. Elle a également pour objet l'achat, tant pour son compte propre que pour compte de ses actionnaires, la vente de toutes valeurs mobilières et plus principalement d'actions, obligations ou titres généralement quelconques, côtés ou non en bourse, et la prise de participation financière dans des sociétés de droit belge ou étranger.

Structure & network

Connections & network

2 current directors
Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Ownership & control

2 board mandates
Board mandates of this companythis company sits on their board2
1 location

Capital and shareholders

Shareholders according to the acts
At incorporation act of 19-01-2023 ↗

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 19-01-2023 Incorporation · 3,000 EUR · 300 shares

Recognitions · licences · registrations

Legal Entity Identifier

254900B8QZGB0403KT66
live in the LEI register

Similar companies · same sector, comparable size

Of 82,601 companies in this sector we hold annual accounts for 52,629. 36,451 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded17-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68121Development of residential building projects
68122Development of non-residential building projects
70100Activities of head offices
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0797284273
Registered 15-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.