HCMVISION
ActiveSummary
HCMVISION has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-44k) and a net result of €59k. Equity is shrinking by ~42.6% per year across the filed fiscal years. Its solvency ranks better than 6% of 8093 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▲+70
Solvency19▲+8
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.73 against 0.6 in 2023; short-term debt: 41% and cash: 0.6% of total assets), and equity is negative.
Credit advice for your own amount and term
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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-6.2%
Return on assets
8.2%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 8093 sector peers (2024).
NBB · sector comparisonPosition among 8093 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
65 d late
2022
70 d late
2021
29 d late
2020
31 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-44k▲ 57.0%
2023 · €-103k
2018: €225k
2019: €59k
2020: €103k
2021: €171k
2022: €50k
2023: €-103k
2018 → 2024
Total assets
€717k▲ 0.3%
2023 · €715k
2018: €435k
2019: €318k
2020: €310k
2021: €471k
2022: €645k
2023: €715k
2018 → 2024
Net result
€59k
2023 · €-153k
2018: €67k
2019: €-165k
2020: €43k
2021: €68k
2022: €-122k
2023: €-153k
2018 → 2024
Working capital
€-79k▲ 30.3%
2023 · €-113k
2018: €125k
2019: €-9k
2020: €16k
2021: €247k
2022: €27k
2023: €-113k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€103k-€171k▲ 66.6%€50k▼ 70.9%€-103k€-44k▲ 57.0%
Operating result€47k-€82k▲ 74.7%€-109k€-136k▼ 25.3%€81k
Net result€43k-€68k▲ 57.6%€-122k€-153k▼ 25.5%€59k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €81k after a loss of €136k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €717k
Fixed assets
€502k ▼ 8.1%
Current assets
€215k ▲ 27.2%
Key figures and ratios
EBITDA
€134k▲
2023 · €-101k
Cash flow
€111k▲
2023 · €-118k
Solvency
-6.2%▲
2023 · -14.4%
Current ratio
0.73▲
2023 · 0.60
Debt to equity
-17.22▼
2023 · -7.96
ROA
8.2%▲
2023 · -21.3%
Interest coverage
4.89▲
2023 · -5.46
Debt
€761k▼
2023 · €818k
Debt ≤ 1 year
€294k▲
2023 · €282k
Debt > 1 year
€467k▼
2023 · €536k
Income taxes
€924▲
2023 · €596
Staff costs
€163k▲
2023 · €163k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€715k€717k▲
Fixed assets21/28€546k€502k▼
Tangible fixed assets22/27€546k€502k▼
Land and buildings22€292k€284k▼
Plant, machinery and equipment23€137k€127k▼
Furniture and vehicles24€109k€85k▼
Other tangible fixed assets26€8k€5k▼
Current assets29/58€169k€215k▲
Amounts receivable within one year40/41€128k€181k▲
Trade receivables40€53k€92k▲
Other amounts receivable41€74k€89k▲
Cash at bank and in hand54/58€12k€4k▼
Deferred charges and accrued income490/1€30k€30k▼
Equity and liabilities
Total equity and liabilities10/49€715k€717k▲
Equity10/15€-103k€-44k▲
Contributions10/11€6k€6k=
Reserves13€104k€104k=
Tax-exempt reserves132€8k€8k=
Distributable reserves133€97k€97k=
Profit (loss) carried forward14€-213k€-155k▲
Amounts payable17/49€818k€761k▼
Amounts payable after more than one year17€536k€467k▼
Financial debts170/4€536k€467k▼
Amounts payable within one year42/48€282k€294k▲
Current portion of amounts payable after more than one year42€57k€59k▲
Financial debts43€48k€20k▼
Credit institutions430/8€48k€12k▼
Other loans439-€8k
Trade debts44€3k€59k▲
Suppliers440/4€3k€59k▲
Taxes, remuneration and social security45€43k€49k▲
Taxes450/3€10k€32k▲
Remuneration and social security454/9€33k€17k▼
Other amounts payable47/48€130k€107k▼
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€163k€163k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€53k▲
Other operating charges640/8€3k€9k▲
Gross operating margin9900€65k€306k▲
Operating profit (loss)9901€-136k€81k▲
Financial income75/76B€3k€6k▲
Recurring financial income75€3k€6k▲
Financial charges65/66B€19k€27k▲
Recurring financial charges65€19k€27k▲
Non-recurring financial charges66B-€48
Profit (loss) for the period before taxes9903€-152k€59k▲
Income taxes67/77€596€924▲
Profit (loss) for the period9904€-153k€59k▲
Profit (loss) for the period to be appropriated9905€-153k€59k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-213k€-155k▲
Profit (loss) brought forward from the previous period14P€-61k€-213k▼
Social balance
Average headcount (FTE)90872.62.2▼
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €59k
Net result €59k after 2 loss-making years.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 65 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 70 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-12
Financial
Highest result since 2018net €68k ▲57.6%
Net result €68k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 3.48
Current ratio from 1.08 to 3.48; short-term debt falls from €205k to €100k.
31-12
Financial
Equity above €150kEq €171k ▲66.6%
2 profitable years in a row build equity to €171k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
31-12
Financial
Equity above €100kEq €103k ▲73.1%
Equity rises from €59k to €103k.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €-165k ▼346%
Net result drops to €-165k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Hasselt · 1 establishment unit since 2009
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.
Sint-Truidersteenweg 5763500 HasseltGround area
635 m²
Parcel 71052C0205/00M000, Flanders. Linked by address, not a title deed.
1 establishment unit
HCM
since 20092.177.557.750
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71052C0205/00M000 | Flanders | 635 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 3,236 EUR awarded · 4,549 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,980 EUR | 3,293 EUR |
| 2022 | 1 | 1,256 EUR | 1,256 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
894500CG1T1BVG7RZL43
Similar companies · same sector, comparable size
Glorie Logistics Consulting
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AMP BOUWADVIES
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Solujan Consulting
BE 1011.144.925
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WIL'INVEST
BE 0672.840.104
Visé · Eq €49,794
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 38,191 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-03-2009
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
78100Employment placement agencies
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.