HDB & C°

Active Private limited company (pre-2019)founded 2001active for 25 yearsGulden-Vlieslaan 32, 8000 BrugesKBO/BCE: BE 0475.526.167

HDB & C°

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Overview

Lifetime

19 annual accounts with figures on one time axis, 24 filings since 2002

Compare with

peak €453,257 (2021)

€102,052▼ 36.0%

peak €256,788 (2021)

€61,293▼ 14.7%

peak €1.5m (2025)

€1.5m▲ 4.2%

€169,759▼ 9.6%

peak 1 FTE (2014)

-not published

Board1 name since 2022

1 directorDebaene Hans

Documentsfilings and deeds

28-11-20252 days before the deadline

2025micro format

Gross margin from €159,562 to €102,052Cash from €293,460 to €748,901

Key points

from the 2025 annual accounts

Equity

€1.5m ▲ 4.2%

HDB & C° has made a profit in every financial year since 2007.

Turnover

≈ €190,000 estimated

The micro format states no turnover.

Position in the sector

€1.5m

More equity than 95% of companies in legal and accounting. Sector median €86,410 · 15,829 companies.

Checked score

Excellent

Financially stronger than 64% of micro companies in legal and accounting (NACE 69)

Probability in this band: under 0.55%

Bankruptcy probability within 12 months < 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: < 0.1% across 20,107 companies (NACE 69, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1%highest value 01-2025: < 0.1%● unchanged vs 12-2024highest value 02-2025: < 0.1%● unchanged vs 01-2025highest value 03-2025: < 0.1%● unchanged vs 02-2025highest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength

Strong

100=equity 89.9% of total assets

100+28short-term debt 9.6% · cash 44.7%

73-1return on assets 3.7%

Score breakdown

lowers risk

Liquidity: current ratio 9.91, cash €748,901

Sector: Legal and accounting activities (NACE 69)

Equity €1.5m (89.9% of total assets)

Size: total assets €1.7m

Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 87% of them on solvency, 98% on liquidity, 24% on profitability and 46% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-04-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 14,766 companies had the same profile as HDB & C° has now. Each dot stands for 37 companies, two years later.

96.2%

were still trading

3.5%

stopped another way

0.2%

went bankrupt

Small
20 years or older
solvency 30% or more
a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of HDB & C° itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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%	0.9%
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%

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 14,766 companies, not a prediction for HDB & C°. 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

Credit of up to €140,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 9.91 (8.5 in 2024), above the usual 1.5. Short-term debt is 9.6% and cash 44.7% of total assets. 10.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk

Five signals.

lowers riskneutral

Liquidity: current ratio 9.91, cash €748,901

NBB · annual accounts

Sector: Legal and accounting activities (NACE 69)

KBO

Equity €1.5m (89.9% of total assets)

NBB · annual accounts

Size: total assets €1.7m

Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 28-11-2025, 2 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

2 days early

2024

3 days early

2023

on the day

2022

on the day

2021

2 days late

2020

18 days late

2019

25 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 1 day before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-04-2026 is due by 30-11-2026. Nothing is late today. The company usually files around 30 November (5 of the last 5 accounts filed within 30 days either side of that date).

Companies Code · seven months

Where today falls in the filing period

30-04-2026 year end10-11-2026 today30-11-2026 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Board and ownership

Debaene Hans

Director

Board & ownership

Recent changes

02-02-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0475526167

27-03-2023

Registered office moved within Bruges New registered office: Gulden-Vlieslaan 32/0401, 8000 Brugge · Previous registered office: Gulden-Vlieslaan 32 bus 7, 8000 Brugge · Gazette deed

05-04-2022

Registered office moved within Bruges New registered office: Gulden-Vlieslaan 32 bus 7 te 8000 Brugge · Previous registered office: Sint-Michielslaan 47, 8200 Brugge · Board meeting of 15-03-2022 · Gazette deed

27-08-2001

Incorporation published on 06-09-2001 · Gazette deed

All 33 events

Comparable companies

same main activity, similar in size and age

Company
HDB & C° Bruges	€1.7m	€102,052	89.9%	-
VAN WEEHAEGHE YVES Waregem	€1.8m	€111,653	-2.5%	-
WIM VAN CALSTER Aarschot	€1.6m	€110,445	33.2%	-
MEIRE ACCOUNTANCY Lievegem	€1.7m	€95,925	19.1%	-
ACCOUNTANCY MOORS & MEEKERS Oudsbergen	€1.9m	€119,965	90.9%	0
Dominique Berteloot Accountancy Kortrijk	€1.5m	€122,251	75.4%	-
FLAMAND CONSULT Knokke-Heist	€1.6m	€93,937	97.2%	-

These companies have the same main activity as HDB & C°: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €1.5m and €1.9m, founded between 1991 and 2005.

Official details

Source: KBO

Status: Active since 27-08-2001Normal situation
Activity: Certified accountants and tax accountantsNACE 69201
Joint committee: 336Liberal professions · annual accounts 30-04-2025
Establishment unit: 2.218.617.7518000 Bruges, since 22-08-2001
Financial year end: 30 April
Peppol: Reachable since 02-02-2026

Company details

Annual accounts to 30-04-2025

: €102,052▼ 36.0%
: €61,293▼ 14.7%
: €1.5m▲ 4.2%
: €1.7m▲ 2.7%
Filing: Filed on 28-11-2025, 2 days before the end of the filing period

Financials

Insights on HDB & C°

HDB & C° files the micro format. That format states no turnover. The gross margin fell from €259,166 in 2007 to €102,052 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 28-11-2025, 2 days before the deadline

€102,052

▼ 36.0%

€71,815

▼ 25.6%

€61,293

▼ 14.7%

€1.4m

▲ 7.3%

89.9%

▲ 1.4 percentage points

9.91

▲ 1.41

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €190,000. Estimated: probably between €160,000 and €240,000.

Balance sheet

balance sheet total €1.7m on 30-04-2025

What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

89.9%

Higher than 89% of 15,824 companies in 2025.

9.91

Higher than 90% of 15,596 companies in 2025.

3.7%

Higher than 18% of 15,713 companies in 2025.

HDB & C° Middle half of the sector 80% of the sector Micro accounts in legal and accounting (NACE 69)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
`20/58`	1.7m	1.6m	1.6m	1.6m	1.4m	1.1m	1.0m	1.2m	1.1m	1.0m	933,042	923,240	836,298	766,355	718,578	702,901	668,288	457,849	491,672
`21/28`	83,434	120,474	151,437	178,154	109,222	265,001	287,312	310,592	335,169	365,713	401,184	413,782	444,932	421,938	442,530	470,747	496,555	34,434	44,227
`21`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	333	667
`22/27`	83,434	120,474	151,437	178,154	109,222	265,001	285,312	308,592	333,169	363,713	399,184	411,782	442,932	419,938	440,530	468,747	494,555	32,101	41,560
`22`	48,991	56,155	63,319	70,483	77,646	264,427	284,165	303,902	323,640	338,515	357,766	377,018	396,269	415,520	434,771	454,023	473,274	-	-
`24`	34,443	64,319	88,119	107,672	31,576	574	1,148	4,690	9,529	25,198	41,418	34,764	46,664	4,418	5,758	14,725	21,281	32,101	41,560
`28`	-	-	-	-	-	-	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000
`29/58`	1.6m	1.5m	1.5m	1.4m	1.3m	847,310	719,617	903,438	785,637	654,687	531,858	509,458	391,365	344,417	276,048	232,154	171,733	423,415	447,445
`40/41`	24,256	20,025	891	848	-	740	613	196	196	169	169	251	169	265	2,263	568	2,452	16,485	47,455
`40`	9,075	14,641	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,000	38,163
`41`	15,181	5,384	891	848	-	740	613	196	196	169	169	251	169	265	2,263	568	2,452	8,485	9,291
`50/53`	816,338	1.2m	921,915	798,976	614,876	555,766	506,651	606,403	574,837	534,645	491,117	449,876	386,546	318,905	217,308	143,416	141,767	398,721	285,666
`54/58`	748,901	293,460	525,819	584,566	634,485	287,479	208,764	294,740	208,341	118,540	39,996	59,331	4,650	25,247	56,477	88,171	27,514	8,209	114,324
`490/1`	3,173	4,286	3,981	5,786	3,878	3,324	3,589	2,100	2,263	1,333	575	-	-	-	-	-	-	-	-
Balance sheet: equity and liabilities
`10/49`	1.7m	1.6m	1.6m	1.6m	1.4m	1.1m	1.0m	1.2m	1.1m	1.0m	933,042	923,240	836,298	766,355	718,578	702,901	668,288	457,849	491,672
`10/15`	1.5m	1.4m	1.4m	1.2m	1.0m	783,710	677,340	575,102	733,245	611,248	508,343	429,360	406,388	340,895	286,847	234,428	330,190	265,037	228,735
`10/11`	25,000	25,000	25,000	25,000	25,000	-	25,000	25,000	300,000	300,000	300,000	300,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000
`100`	-	-	-	-	-	-	25,000	25,000	300,000	300,000	300,000	300,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000
`11`	-	-	-	-	-	25,000	-	-	-	-	-	-	-	-	-	-	-	-	-
`1100/10`	-	-	-	-	-	25,000	-	-	-	-	-	-	-	-	-	-	-	-	-
`13`	1.5m	1.4m	1.3m	1.2m	1.0m	758,710	652,340	550,102	433,245	311,248	208,343	129,360	381,388	315,895	261,847	209,428	305,190	240,037	203,735
`130/1`	2,500	2,500	2,500	2,500	2,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	12,269	12,269	12,269	12,269	9,269	6,449	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500
`1311`	2,500	2,500	2,500	2,500	2,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`132`	-	-	-	-	-	110,437	172,437	171,759	109,759	47,759	1,259	1,259	1,259	1,259	1,259	1,259	1,259	1,259	1,259
`133`	1.5m	1.4m	1.3m	1.2m	1.0m	636,004	467,634	366,074	311,217	254,220	200,636	125,601	377,630	312,136	258,088	205,670	301,431	236,278	199,976
`16`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	69,433	138,865
`160/5`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	69,433	138,865
`17/49`	169,759	187,734	230,833	345,550	325,713	328,600	329,589	638,928	387,560	409,153	424,699	493,880	429,909	425,460	431,730	468,473	338,098	123,380	124,072
`17`	-	-	-	-	-	-	-	-	17,000	41,000	65,000	89,000	113,000	137,000	161,000	185,000	209,000	-	-
`170/4`	-	-	-	-	-	-	-	-	17,000	41,000	65,000	89,000	113,000	137,000	161,000	185,000	209,000	-	-
`42/48`	160,771	177,912	220,361	334,322	314,287	316,128	313,999	623,582	355,197	352,946	342,929	386,929	299,684	272,312	259,347	276,575	122,137	115,910	116,907
`42`	-	-	-	-	-	-	-	17,000	24,000	24,000	24,000	24,000	24,000	24,000	24,000	24,000	24,000	-	-
`44`	909	869	658	1,976	663	1,518	201	2,100	2,354	156	1,154	958	1,143	1,027	1,088	3,339	1,115	1,005	1,853
`440/4`	909	869	658	1,976	663	1,518	201	2,100	2,354	156	1,154	958	1,143	1,027	1,088	3,339	1,115	1,005	1,853
`46`	-	-	-	-	-	-	-	-	-	-	-	18,150	-	-	-	-	-	-	-
`45`	2,207	4,119	21,355	39,625	50,543	29,498	17,235	20,965	20,161	22,575	15,367	26,987	11,964	8,267	5,895	8,981	3,815	3,228	3,142
`450/3`	2,207	4,119	15,679	33,044	45,996	22,070	11,241	15,576	14,944	17,623	10,279	21,167	9,708	8,267	5,895	5,181	3,815	3,228	3,142
`454/9`	-	-	5,676	6,582	4,547	7,428	5,994	5,389	5,217	4,952	5,088	5,820	2,256	-	-	3,800	-	-	-
`47/48`	157,655	172,925	198,348	292,720	263,081	285,113	296,562	583,517	308,683	306,216	302,408	316,834	262,577	239,018	228,364	240,255	93,207	111,677	111,913
`492/3`	8,988	9,822	10,472	11,229	11,425	12,472	15,590	15,346	15,364	15,207	16,770	17,951	17,225	16,148	11,384	6,898	6,961	7,470	7,165
Income statement
`76A`	-	-	-	-	172,653	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`9900`	102,052	159,562	319,881	373,367	453,257	261,705	247,856	274,480	283,085	263,743	210,909	253,078	154,066	122,866	127,233	102,213	112,218	-11,909	259,166
`62`	612	26,169	51,111	61,407	41,149	55,905	53,568	49,571	47,795	43,738	36,225	33,762	3,945	-	-	-	-	-	-
`630`	26,833	33,719	33,023	24,173	11,777	20,311	25,001	24,577	35,698	35,471	35,471	31,151	31,151	20,591	28,217	29,024	85,467	11,293	11,328
`635/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-69,433	-69,433	138,865
`640/8`	2,792	3,109	2,760	4,121	4,210	3,781	4,039	3,752	3,572	3,507	3,365	3,126	4,344	3,542	3,519	1,868	2,255	1,365	2,955
`9901`	71,815	96,566	232,987	283,667	396,120	181,707	165,249	196,580	196,021	181,027	135,848	185,040	114,627	98,732	95,496	71,321	93,929	44,866	106,018
`75/76B`	21,673	15,851	1,237	1,114	1,078	3,154	3,898	5,390	8,871	12,475	8,395	7,328	5,857	2,747	2,133	2,926	11,148	14,682	14,587
`75`	21,673	15,851	1,237	1,114	1,078	3,154	3,898	5,390	8,871	12,475	8,395	7,328	5,857	2,747	2,133	2,926	11,148	14,682	14,587
`65/66B`	10,807	11,140	12,066	12,722	12,362	13,115	16,653	17,960	18,849	18,993	21,032	23,952	25,379	24,505	20,737	17,244	10,595	7,602	7,302
`65`	10,807	11,140	12,066	12,722	12,362	13,115	16,653	17,960	18,849	18,993	21,032	23,952	25,379	24,505	20,737	17,244	10,595	7,602	7,302
`9903`	82,681	101,277	222,158	272,058	384,837	171,747	152,493	184,010	186,043	174,509	123,211	168,415	95,105	76,974	76,892	57,003	94,482	51,946	113,303
`67/77`	21,389	29,436	67,053	82,302	128,049	59,377	47,254	64,154	64,045	71,605	44,228	54,888	26,612	19,926	21,473	15,265	26,329	12,644	35,156
`9904`	61,293	71,841	155,105	189,757	256,788	112,370	105,239	119,856	121,998	102,904	78,983	113,527	68,494	57,048	55,419	41,738	68,153	39,302	78,148
`789`	-	-	-	-	110,437	62,000	-	-	-	-	-	-	-	-	-	-	-	-	-
`689`	-	-	-	-	-	-	679	62,000	62,000	46,500	-	-	-	-	-	-	-	-	-
`9905`	61,293	71,841	155,105	189,757	367,225	174,370	104,560	57,856	59,998	56,404	78,983	113,527	68,494	57,048	55,419	41,738	68,153	39,302	78,148
Appropriation of the result
`9906`	61,293	71,841	155,105	189,757	367,225	174,370	104,560	57,856	59,998	56,404	78,983	113,527	68,494	57,048	55,419	41,738	68,153	39,302	78,148
`791/2`	-	-	-	-	-	-	-	-	-	-	-	305,556	-	-	-	-	-	-	-
`691/2`	61,293	71,841	150,430	186,032	363,475	168,370	101,560	54,856	59,998	56,404	78,983	53,527	65,494	54,048	52,419	-	65,153	36,302	78,148
`6920`	-	-	-	-	-	-	-	-	3,000	2,820	3,949	-	-	-	-	-	-	-	-
`6921`	61,293	71,841	150,430	186,032	363,475	168,370	101,560	54,856	56,998	53,584	75,034	53,527	65,494	54,048	52,419	-	65,153	36,302	78,148
`694/7`	-	-	4,675	3,725	3,750	6,000	3,000	3,000	-	-	-	365,556	3,000	3,000	3,000	41,738	3,000	3,000	-
`694`	-	-	-	-	-	-	-	-	-	-	-	365,556	3,000	3,000	3,000	41,738	3,000	3,000	-
`696`	-	-	4,675	3,725	3,750	6,000	3,000	3,000	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	-	0.4	1	1	1	1	1	1	1	1	1	1	0.2	-	-	-	-	-	-
Hours worked`1013`	-	460	1,352	1,744	1,200	1,732	1,824	1,672	1,736	1,728	1,754	1,766	236	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 5 older financial years (2002-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 28-11-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
30-04-2025	micro format	28-11-2025	2025-00572091	PDF
30-04-2024	micro format	27-11-2024	2024-00605253	PDF
30-04-2023	micro format	30-11-2023	2023-00519496	PDF
30-04-2022	micro format	30-11-2022	2022-20528505	PDF
30-04-2021	micro format	02-12-2021	2021-79100440	PDF
30-04-2020	micro format	18-12-2020	2020-76100463	PDF
30-04-2019	micro format	05-11-2019	2019-73000429	PDF
30-04-2018	micro format	05-11-2018	2018-71700011	PDF
30-04-2017	micro format	31-10-2017	2017-68700368	PDF
30-04-2016	abbreviated format	02-11-2016	2016-67300054	PDF
30-04-2015	abbreviated format	02-12-2015	2015-68000271	PDF
30-04-2014	abbreviated format	13-11-2014	2014-67000018	PDF
30-04-2013	abbreviated format	24-12-2013	2013-69800503	PDF
30-04-2012	abbreviated format	20-12-2012	2012-67300040	PDF
30-04-2011	abbreviated format	31-01-2012	2012-02200128	PDF
30-04-2010	abbreviated format	31-01-2011	2011-02200028	PDF
30-04-2009	abbreviated format	22-12-2009	2009-90300261	PDF
30-04-2008	abbreviated format	31-12-2008	2008-87900061	PDF
30-04-2007	abbreviated format	28-12-2007	2007-85400383	PDF
30-04-2006	abbreviated format	24-01-2007	2007-01600277	PDF
31-05-2005	abbreviated format	29-12-2005	2005-92502812	PDF
31-05-2004	abbreviated format	31-12-2004	2004-89804024	PDF
31-05-2003	abbreviated format	20-10-2004	2004-74501840	PDF
31-05-2002	abbreviated format	01-08-2003	2003-59301422	PDF

Subsidies and aid

Flemish government 2024, 1 entry, €222 awarded, €222 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

€222

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
98,648	130,285	266,009	307,840	407,898	202,019	190,250	221,157	231,719	216,499	171,319	216,191	145,778	119,323	123,714	100,345	179,395	56,159	117,346
88,126	105,559	188,128	213,930	268,566	132,681	130,240	144,434	157,696	138,375	114,454	144,678	99,644	77,639	83,636	70,762	153,620	50,595	89,475
-10,207	2,755	6,306	93,105	35,616	-2,000	1,722	0	5,154	0	22,874	0	54,145	0	0	3,216	547,588	1,500	51,267
455,441	-232,359	-58,747	-49,919	347,005	78,715	-85,976	86,398	89,801	78,544	-19,335	54,681	-20,597	-31,230	-31,694	60,657	19,304	-106,115	-
1.4m	1.3m	1.2m	1.1m	938,952	531,181	405,618	279,856	430,440	301,741	188,929	122,530	91,681	72,105	16,701	-44,421	49,596	307,505	330,538
89.9%	88.5%	85.6%	78.0%	76.1%	70.5%	67.3%	47.4%	65.4%	59.9%	54.5%	46.5%	48.6%	44.5%	39.9%	33.4%	49.4%	57.9%	46.5%
9.91	8.50	6.59	4.16	3.99	2.68	2.29	1.45	2.21	1.85	1.55	1.32	1.31	1.26	1.06	0.84	1.41	3.65	3.83
0.11	0.13	0.17	0.28	0.31	0.42	0.49	1.11	0.53	0.67	0.84	1.15	1.06	1.25	1.51	2.00	1.02	0.47	0.54
4.1%	5.0%	11.3%	15.5%	24.8%	14.3%	15.5%	20.8%	16.6%	16.8%	15.5%	26.4%	16.9%	16.7%	19.3%	17.8%	20.6%	14.8%	34.2%
3.7%	4.4%	9.7%	12.1%	18.8%	10.1%	10.5%	9.9%	10.9%	10.1%	8.5%	12.3%	8.2%	7.4%	7.7%	5.9%	10.2%	8.6%	15.9%
9.13	11.70	22.05	24.20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	30-04-2024	30-04-2023	30-04-2022
Employees at the balance-sheet date	-	1	1
full-time	-	1	1
in full-time equivalents	-	1	1
	0.4	1	1
On a permanent contract	-	1	1
Joined	0	-	-
Left	1	-	-

Source: social balance sheet in the 2022 to 2024 annual accounts

Investments

fixed assets acquired

Item	30-04-2025	30-04-2024	30-04-2023	30-04-2022
Tangible fixed assets	-	€2,755	€6,306	€93,105
	€26,833	€33,719	€33,023	€24,173

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on HDB & C°

The operating result for 2025 is 26% lower than in 2024 and the lowest since 2010. It is the fourth fall in a row.

Debt's share of the balance-sheet total falls from 11.5% to 10.1%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2022

Debaene Hans

Director

in office according to the deed of 05-04-2022

listed in the 2025 annual accounts, filed on 28-11-2025

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Debaene Hans
Director

Boardmandate already running before its first mention

Mandates as a list

Debaene Hans
- Director, since before 05-04-2022

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €25,000
Source: 2025 annual accounts

Network & group

No group

HDB & C° has no parent and no holdings in its annual accounts. Debaene Hans is the only director. HDB & C° shares no director with another company.

The LEI register names no parent.

At the same address

Gulden-Vlieslaan 32, 8000 Bruges · 1 other company

HELIOPSIS

registered office since 09-11-1994 · founded in 1994

total assets €952,154 (2025)

0453.648.412

Timeline

33 events since 2001

Filings

Financial

Establishments

Address

20052010201520202025

Deadline for the 2026 accounts: 30-11-2026

2026

02-02-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0475526167

2025

28-11-2025

Annual accounts 2025 filed PDFmicro format · 2 days before the deadline

2024

27-11-2024

Annual accounts 2024 filed PDFmicro format · 3 days before the deadline

2023

30-11-2023

Annual accounts 2023 filed PDFmicro format · on the deadline day

27-03-2023

Registered office moved within BrugesNew registered office: Gulden-Vlieslaan 32/0401, 8000 Brugge · Previous registered office: Gulden-Vlieslaan 32 bus 7, 8000 Brugge1 point ▸

Registered-office move, Gulden-Vlieslaan 32/0401, 8000 Brugge

Open the deed in the Belgian Official Gazette

2022

30-11-2022

Annual accounts 2022 filed PDFmicro format · on the deadline day

05-04-2022

Registered office moved within BrugesNew registered office: Gulden-Vlieslaan 32 bus 7 te 8000 Brugge · Previous registered office: Sint-Michielslaan 47, 8200 Brugge · Board meeting of 15-03-20222 points ▸

Board meeting, 15-03-2022
Registered-office move, Gulden-Vlieslaan 32 bus 7 te 8000 Brugge

Open the deed in the Belgian Official Gazette

2021

02-12-2021

Annual accounts 2021 filed PDFmicro format · 2 days late

30-04-2021

Highest result from 2007 to 2025 net €256,788 ▲129% The operating result of €396,120 and the net result of €256,788 are both a record.

30-04-2021

Equity above €1m equity €1.0m ▲32.3% Equity rises from €783,710 to €1.0m.

2020

18-12-2020

Annual accounts 2020 filed PDFmicro format · 18 days late

2019

05-11-2019

Annual accounts 2019 filed PDFmicro format · 25 days before the deadline

2018

05-11-2018

Annual accounts 2018 filed PDFmicro format · 25 days before the deadline

2017

31-10-2017

Annual accounts 2017 filed PDFmicro format · 30 days before the deadline

2016

02-11-2016

Annual accounts 2016 filed PDFabbreviated format · 28 days before the deadline

2015

02-12-2015

Annual accounts 2015 filed PDFabbreviated format · 2 days late

30-04-2015

Equity above €500,000 equity €508,343 ▲18.4% Equity rises from €429,360 to €508,343.

2014

13-11-2014

Annual accounts 2014 filed PDFabbreviated format · 17 days before the deadline

2013

24-12-2013

Annual accounts 2013 filed PDFabbreviated format · 24 days late

2012

20-12-2012

Annual accounts 2012 filed PDFabbreviated format · 20 days late

31-01-2012

Annual accounts 2011 filed PDFabbreviated format · 62 days late

2011

31-01-2011

Annual accounts 2010 filed PDFabbreviated format · 62 days late

2009

22-12-2009

Annual accounts 2009 filed PDFabbreviated format · 22 days late

2008

31-12-2008

Annual accounts 2008 filed PDFabbreviated format · 31 days late

30-04-2008

Weakest financial year net €39,302 ▼49.7% The net result drops to €39,302, the lowest from 2007 to 2025. It recovers the following year.

2007

28-12-2007

Annual accounts 2007 filed PDFabbreviated format · 28 days late

24-01-2007

Annual accounts 2006 filed PDFabbreviated format · 55 days late

2005

29-12-2005

Annual accounts 2005 filed PDFabbreviated format

2004

31-12-2004

Annual accounts 2004 filed PDFabbreviated format

20-10-2004

Annual accounts 2003 filed PDFabbreviated format

2003

01-08-2003

Annual accounts 2002 filed PDFabbreviated format

2001

27-08-2001

Incorporation published on 06-09-2001

22-08-2001

First establishment HDB & C°, Gulden-Vlieslaan 32, Bruges

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

HDB & C° was incorporated on 27 August 2001.¹ The registered office was moved to Bruges in 2022.² Total assets rose from €1.0m in 2019 to €1.7m in 2025 and headcount from 1 full-time equivalents in 2019 to 0.4 in 2024.³

Company details

Identity

Enterprise number: 0475.526.167
VAT number: BE 0475.526.167
Peppol ID: 0208:0475526167
Other Peppol ID: 9925:BE0475526167
LEI code: 967600QZRAMENDF1QJ49 live in the LEI register
Legal form: Private limited company (pre-2019)
Status: Active, normal situation
Founded: 27-08-2001
Financial year: ends on 30 April
Peppol: Reachable since 02-02-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: HDB & C° in Dutch
Entity type: Legal entity

Activities

NACEBEL 2025

69201 Certified accountants and tax accountants main activity

Joint committees annual accounts 30-04-2025

JC 336 Liberal professions

Codes under NACEBEL 2008

69201 Accountants main activity

Codes under NACEBEL 2003

74122 main activity

74124

Registered office and establishments

1 establishment

Establishment	Since	Unit number
HDB & C° registered office Gulden-Vlieslaan 32, 8000 Bruges	22-08-2001	2.218.617.751

1 former office

Sint-Michielslaan 47, 8200 Brugge until 15-03-2022 · deed of 05-04-2022

Buildings and parcels at the address

Ground area: 1,246 m²
Buildings: 355 m²
Volume, LiDAR: 5,053 m³
Tallest building: 19.7 m

Buildings to scale, each on its own parcel

Environmental permits

1 application in Flanders since 2026 · 1 under review

23-09-2026

Under review

Functiewijziging zonder verbouwingswerken project 2026111597

Roeselare

Source: Omgevingsloket Vlaanderen.

registered office establishment The establishment unit on the map

2 companies at this address See who is registered here

Parcels

Cadastral parcel	Area	Buildings	Height / floors
31804D0103/03M002	1,245 m²	1 · 355 m²	19.7 m · 5

Overview

Lifetime

Key points

Equity

Turnover

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts to 30-04-2025

Insights on HDB & C°

Financials

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency89.9%

Current ratio9.91

Return on assets3.7%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2024, 1 entry, €222 awarded, €222 paid

Key figures and ratios

Social balance sheet

Investments

Insights on HDB & C°

Board & ownership

Board

Mandates through the years

Control

Capital

Network & group

No group

At the same address

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Environmental permits

Location

Parcels

in €m

in euro

89.9%

9.91

3.7%