HDI
ActiveSummary
The computed 12-month bankruptcy probability of HDI is 3.1% (moderate). The 2025 annual accounts show negative equity (-€23,506) and a net result of -€859. Equity is shrinking by ~10.8% per year across the filed fiscal years. Its net result ranks better than 28% of 411 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2024
Profitability-
Solvency-
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Manufacture of furniture (NACE 31)
about 43% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€23,506
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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 · 10 filingsDeviation from the deadline
2025
18 d late
2024
168 d late
2023
533 d late
2022
31 d early
2021
36 d early
2020
33 d early
2019
8 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 87 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% 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 18 August (4 of the last 5 filed years within 150 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€23,506▼ 3.8%
2024 · -€22,648
Total assets
€32▼ 39.0%
2022 · €52
Net result
-€859▲ 54.6%
2024 · -€1,894
Working capital
-€20,754▼ 14.6%
2022 · -€18,111
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 31, Manufacture of furniture, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€1,882▼ 9.4%-€1,400▲ 25.6%-€2,409▼ 72.1%-€1,743▲ 27.6%-€672▲ 61.4%
Net result-€2,081within the sector's middle half▼ 11.2%-€1,548within the sector's middle half▲ 25.6%-€2,643within the sector's middle half▼ 70.7%-€1,894within the sector's middle half▲ 28.4%-€859within the sector's middle half▲ 54.6%
Equity-€16,563below the sector's middle half▼ 14.4%-€18,111below the sector's middle half▼ 9.3%-€20,754below the sector's middle half▼ 14.6%-€22,648below the sector's middle half▼ 9.1%-€23,506below the sector's middle half▼ 3.8%
Total assets€166below the sector's middle half▼ 86.6%€52below the sector's middle half▼ 68.8%€32below the sector's middle half▼ 39.0%
Debt€16,728▲ 6.4%€18,162▲ 8.6%€20,785▲ 14.4%€22,648▲ 9.0%€23,506▲ 3.8%
Working capital-€16,563below the sector's middle half▼ 14.4%-€18,111below the sector's middle half▼ 9.3%-€20,754below the sector's middle half▼ 14.6%
above
within
below
the middle half (P25 to P75) of NACE 31, Manufacture of furniture, 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
The operating result stays negative: a loss of €672 in 2025 against €1,743 in 2024; the loss shrinks.
Key figures and ratios
Debt to equity
-1.00=
2024 · -1.00
Debt ≤ 1 year
€23,506▲
2024 · €22,648
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €468 | €525 | €875 | €1,138 | €67 | ▼ 94.1% |
| Gross operating margin9900 | -€1,414 | -€875 | -€1,534 | -€605 | -€605 | = |
| Operating profit (loss)9901 | -€1,882 | -€1,400 | -€2,409 | -€1,743 | -€672 | ▲ 61.4% |
| Financial income75/76B | €1 | - | - | - | - | - |
| Recurring financial income75 | €1 | - | - | - | - | - |
| Financial charges65/66B | €200 | €148 | €234 | €151 | €187 | ▲ 24.1% |
| Recurring financial charges65 | €200 | €148 | €234 | €151 | €187 | ▲ 24.1% |
| Profit (loss) for the period before taxes9903 | -€2,081 | -€1,548 | -€2,643 | -€1,894 | -€859 | ▲ 54.6% |
| Profit (loss) for the period9904 | -€2,081 | -€1,548 | -€2,643 | -€1,894 | -€859 | ▲ 54.6% |
| Profit (loss) for the period to be appropriated9905 | -€2,081 | -€1,548 | -€2,643 | -€1,894 | -€859 | ▲ 54.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €166 | €52 | €32 | - | - | - |
| Current assets29/58 | €166 | €52 | €32 | - | - | - |
| Amounts receivable within one year40/41 | - | - | €32 | - | - | - |
| Other amounts receivable41 | - | - | €32 | - | - | - |
| Cash at bank and in hand54/58 | €166 | €52 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €166 | €52 | €32 | - | - | - |
| Equity10/15 | -€16,563 | -€18,111 | -€20,754 | -€22,648 | -€23,506 | ▼ 3.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€35,163 | -€36,711 | -€39,354 | -€41,248 | -€42,106 | ▼ 2.1% |
| Amounts payable17/49 | €16,728 | €18,162 | €20,785 | €22,648 | €23,506 | ▲ 3.8% |
| Amounts payable within one year42/48 | €16,728 | €18,162 | €20,785 | €22,648 | €23,506 | ▲ 3.8% |
| Financial debts43 | - | - | €70 | €3 | €0 | ▼ 92.7% |
| Credit institutions430/8 | - | - | €70 | €3 | €0 | ▼ 92.7% |
| Trade debts44 | - | - | €1,204 | €2,329 | €3,001 | ▲ 28.9% |
| Suppliers440/4 | - | - | €1,204 | €2,329 | €3,001 | ▲ 28.9% |
| Other amounts payable47/48 | €16,728 | €18,162 | €19,512 | €20,315 | €20,505 | ▲ 0.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,081 | -€1,548 | -€2,643 | -€1,894 | -€859 | ▲ 54.6% |
| Operating cash flow (approximation) | -€2,081 | -€1,548 | -€2,643 | -€1,894 | -€859 | ▲ 54.6% |
| Change in cash | - | -€114 | - | - | - | - |
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
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
15-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 168 days late
15-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 533 days late
2023
31-12
Financial
Weakest financial yearnet -€2,643
Net result drops to -€2,643, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
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, Dendermonde · 1 establishment unit since 2010
Ground area
130 m²
Building footprint
68 m²
Volume, LiDAR
344 m³
Parcel 42006B0593/02R000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HDI
since 20102.189.927.230
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42006B0593/02R000 | Flanders | 130 m² | 1 · 68 m² | 9.1 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.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,501 companies in sector 31004 we hold annual accounts for 626. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded12-05-2010
Fiscal year end31-12
Activities, NACEBEL 2025
31004Manufacture of dining room, living room, bedroom and bathroom furniture
95240Repair and maintenance of furniture and upholstery
E-invoicing
Reachable via Peppol
Peppol ID
0208:0825858691
Also
9925:BE0825858691
Registered
14-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.