HDC PROD
ActiveSummary
The computed 12-month bankruptcy probability of HDC PROD is 9.2% (elevated). For HDC PROD, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €12,510 and a net result of -€1,335. Equity is shrinking by ~17.2% per year across the filed fiscal years. The company has been active since 2014 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability61▲+45
Solvency87▲+4
Growth58▲+26
Track record92
Bankruptcy probability, 12 months
9.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2021Solvency, return and age of the figures
Solvency
61.6%
Return on assets
-6.6%
Age of the figures
57 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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 03-06-2022, 58 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
58 d early
2020
23 d late
2019
53 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 29 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Late accounts filing
History
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Financials · fiscal year 2021, micro schema
Equity
€12,510▼ 9.6%
2020 · €13,845
Total assets
€20,311▼ 15.1%
2020 · €23,922
Net result
-€1,335▲ 35.1%
2020 · -€2,057
Working capital
€2,614▲ 91.8%
2020 · €1,363
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result-€2,090--€3,246▼ 55.3%-€2,598▲ 20.0%-€927▲ 64.3%
Net result-€1,983--€1,649▲ 16.8%-€2,057▼ 24.7%-€1,335▲ 35.1%
Equity€20,921-€19,272▼ 7.9%€13,845▼ 28.2%€12,510▼ 9.6%
Total assets€21,262-€41,104▲ 93.3%€23,922▼ 41.8%€20,311▼ 15.1%
Debt€341-€21,832▲ 6,302%€10,077▼ 53.8%€7,801▼ 22.6%
Working capital€20,921-€10,362▼ 50.5%€1,363▼ 86.8%€2,614▲ 91.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €927 in 2021 against €2,598 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €20,311
Fixed assets
€10,798 ▼ 19.1%
Current assets
€9,513 ▼ 10.0%
Equity and liabilities €20,311
Equity
€12,510 ▼ 9.6%
Debt
€7,801 ▼ 22.6%
Debt's share of the balance-sheet total falls from 42.1% to 38.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3,913▲
2020 · €1,198
Cash flow
€3,505▲
2020 · €1,739
Current ratio
1.38▲
2020 · 1.15
Debt to equity
0.62▲
2020 · 0.06
ROE
-10.7%▲
2020 · -14.9%
ROA
-6.6%▲
2020 · -8.6%
Interest coverage
9.59
Debt ≤ 1 year
€6,899▼
2020 · €9,209
Debt > 1 year
€902▲
2020 · €868
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,972 | €3,796 | €4,840 | ▲ 27.5% |
| Gross operating margin9900 | -€1,690 | -€1,274 | €1,198 | €3,913 | ▲ 227% |
| Operating profit (loss)9901 | -€2,090 | -€3,246 | -€2,598 | -€927 | ▲ 64.3% |
| Recurring financial income75 | €195 | €1,652 | €1,042 | - | - |
| Financial charges65/66B | - | - | - | €408 | - |
| Recurring financial charges65 | €88 | €55 | €92 | €408 | ▲ 343% |
| Profit (loss) for the period before taxes9903 | -€1,983 | -€1,649 | -€1,648 | -€1,335 | ▲ 19.0% |
| Income taxes67/77 | - | - | €409 | - | - |
| Profit (loss) for the period9904 | -€1,983 | -€1,649 | -€2,057 | -€1,335 | ▲ 35.1% |
| Profit (loss) for the period to be appropriated9905 | -€1,983 | -€1,649 | -€2,057 | -€1,335 | ▲ 35.1% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €21,262 | €41,104 | €23,922 | €20,311 | ▼ 15.1% |
| Fixed assets21/28 | - | €8,910 | €13,350 | €10,798 | ▼ 19.1% |
| Tangible fixed assets22/27 | - | €8,910 | €13,350 | €10,798 | ▼ 19.1% |
| Furniture and vehicles24 | - | - | - | €10,798 | - |
| Current assets29/58 | €21,262 | €32,194 | €10,572 | €9,513 | ▼ 10.0% |
| Amounts receivable within one year40/41 | €19,262 | €31,052 | €10,541 | €9,073 | ▼ 13.9% |
| Trade receivables40 | - | - | - | €1,860 | - |
| Other amounts receivable41 | - | - | - | €7,213 | - |
| Cash at bank and in hand54/58 | €2,000 | €326 | €31 | €440 | ▲ 1,319% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €21,262 | €41,104 | €23,922 | €20,311 | ▼ 15.1% |
| Equity10/15 | €20,921 | €19,272 | €13,845 | €12,510 | ▼ 9.6% |
| Contributions10/11 | €6,200 | €6,200 | - | €4,690 | - |
| Reserves13 | €1,860 | €1,860 | - | - | - |
| Profit (loss) carried forward14 | €12,861 | €11,212 | €9,155 | €7,820 | ▼ 14.6% |
| Amounts payable17/49 | €341 | €21,832 | €10,077 | €7,801 | ▼ 22.6% |
| Amounts payable after more than one year17 | - | - | €868 | €902 | ▲ 3.9% |
| Financial debts170/4 | - | - | - | €902 | - |
| Amounts payable within one year42/48 | €341 | €21,832 | €9,209 | €6,899 | ▼ 25.1% |
| Trade debts44 | €328 | €21,819 | €4,109 | €4,007 | ▼ 2.5% |
| Suppliers440/4 | - | - | - | €4,007 | - |
| Taxes, remuneration and social security45 | - | - | - | €2,892 | - |
| Taxes450/3 | - | - | - | €2,892 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,983 | -€1,649 | -€2,057 | -€1,335 | ▲ 35.1% |
| + Depreciation and write-downs630 | - | €1,972 | €3,796 | €4,840 | ▲ 27.5% |
| Operating cash flow (approximation) | -€1,983 | €323 | €1,739 | €3,505 | ▲ 102% |
| Investment in fixed assets (approximation) | - | - | -€8,236 | -€2,288 | ▲ 72.2% |
| Change in cash | - | -€1,674 | -€295 | €409 | ▲ 239% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
28-08
KBO administration
Late accounts filing
event 18-08-2026
2022
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Weakest financial yearnet -€2,057
Net result drops to -€2,057, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
03-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Nivelles · 1 establishment unit since 2014
Ground area
360 m²
Building footprint
81 m²
Volume, LiDAR
559 m³
Parcel 25072B0343/00N012, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Rue de Bratislava 31, 1400 Nivelles
since 20142.228.493.737
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25072B0343/00N012 | Wallonia | 360 m² | 1 · 81 m² | 9.0 m · 2 fl. |
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.
Identification & contact
Identification
Legal formPrivate limited company
Founded17-03-2014
Fiscal year end31-12
Contact
E-mail
benoit.godenir@gmail.com
Phone
0476424523
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.