Equity
-€12,102
Debts exceed assets in financial year 2025.
HD ADVISORY
Lifetime
19 annual accounts with figures on one time axis, 20 filings since 2006peak €103,418 (2009)
€80,509▲ 14×
lowest -€83,180 (2012)
€72,939▲ 13×
peak -€7,718 (2009)
-€12,102▲ €72,939
€40,328▼ 63.4%
peak 1.4 FTE (2009)
-not published
Board2 names since 2021
1 director
Documentsfilings and deeds
11-12-202551 days before the deadline
2025micro format
Gross margin from €5,645 to €80,509Result from €5,562 to €72,939Equity from -€85,041 to -€12,102Debts from €110,035 to €40,328
Key points
from the 2025 annual accountsResult
€72,939 ▲ 13×
The result rose in 2025 from €5,562 to €72,939.
Debts
€40,328 143% of the balance sheet
Suppliers 23%Taxes and wages 33%Other 44%
Liquidity
0.70 was 0.23 in 2024
Short-term debts fell from €110,035 to €40,328.
Filings
20 annual accounts since 2006
The last five annual accounts were filed 21 to 68 days before the end of the period.
Position in the sector
-42.9%
Lower solvency than 95% of companies in head offices and management consultancy. Sector median 55.5% · 41,211 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,794 companies had the same profile as HD ADVISORY has now. Each dot stands for 10 companies, two years later.
91.5%
were still trading
5.3%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,794 companies, not a prediction for HD ADVISORY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0874137274
Company renamed from KITCHEN HEAVEN to HD ADVISORY
Change of role: , from manager to sole director · “new purpose” (deed in French) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 12-05-2023 · Gazette deed
Resignation: (manager)
General meeting of 24-06-2021 · Gazette deed
Registered office moved from Lasne to Wavre
New registered office: Allée de l'Aulnaie 9 à 1300 Wavre · Previous registered office: chemin du Bois Magonette 8 à 1380 Lasne · General meeting of 27-01-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HD ADVISORY Wavre | €28,225 | €80,509 | -42.9% | - |
| Bloom Tongeren-Borgloon | €25,799 | €84,924 | 33.2% | - |
| Circular Financial Advice Lint | €25,031 | €84,512 | -52.8% | - |
| K.G.W.Holding België Glabbeek | €34,595 | €93,188 | 79.7% | - |
| CRESCENDA Schaerbeek | €35,969 | €93,841 | -1749.8% | - |
| KC SERVICES Sint-Gillis (bij-Brussel) | €30,612 | €93,636 | 16.2% | - |
| VANERLUDE Charleroi | €37,113 | €92,316 | -98.0% | - |
These companies have the same main activity as HD ADVISORY: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €25,000 and €37,100, founded between 2002 and 2008.
Official details
Source: KBO- Status
- Active since 30-05-2005Normal situation
- Activity
- Business and other management consultancyNACE 70200and 3 others
- Establishment unit
- 2.147.619.8871300 Wavre, since 27-06-2005
- Financial year end
- 30 June
- Peppol
- Reachable since 23-12-2025
Annual accounts to 30-06-2025
- ≈ €170,000estimated
- €28,225▲ 12.9%
- Filing
- Filed on 11-12-2025, 51 days before the end of the filing period
Insights on HD ADVISORY
HD ADVISORY files the micro format. That format states no turnover. The gross margin rose from €845 in 2007 to €80,509 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HD ADVISORY
- What is the company number of HD ADVISORY?
- The company number of HD ADVISORY is 0874.137.274. The VAT number is the same number with BE in front: BE 0874.137.274.
- Where is HD ADVISORY based?
- The registered office is at Allée de l'Aulnaie 9, 1300 Wavre.Company details
- What does HD ADVISORY do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of HD ADVISORY?
- HD ADVISORY is a private limited company (BV).
- When was HD ADVISORY founded?
- HD ADVISORY was founded on 30-05-2005.
- Is HD ADVISORY still active?
- Yes, HD ADVISORY is an active enterprise in the KBO register.
- What is the turnover of HD ADVISORY?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €80,509 and 120 comparable companies (NACE 70200). It probably lies between €120,000 and €210,000.Financials
- Is HD ADVISORY profitable?
- In financial year 2025, HD ADVISORY made a profit of €72,939.
- Where can I find the annual accounts of HD ADVISORY?
- HD ADVISORY filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HD ADVISORY due?
- HD ADVISORY must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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