HDK Afsluitingen
ActiveThe computed 12-month bankruptcy probability of HDK Afsluitingen is 2.6% (moderate). The 2025 annual accounts show equity of €10k and a net result of €8k. Equity is growing by ~198.6% per year across the filed fiscal years. Its solvency ranks better than 21% of 27450 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+16
Solvency44▲+14
Growth78=
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.89 against 0.59 in 2024; short-term debt: 77.9% and cash: 56.8% of total assets), and 81.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 27450 sector peers (2025).
NBB · sector comparisonPosition among 27450 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-04-2026, 112 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
112 d early
2024
34 d early
2023
22 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€10k▲ 356%
2024 · €2k
2023: €1k
2024: €2k
2023 → 2025
Total assets
€51k▲ 12.9%
2024 · €45k
2023: €36k
2024: €45k
2023 → 2025
Net result
€8k▲ 767%
2024 · €871
2023: €249
2024: €871
2023 → 2025
Working capital
€-4k▲ 72.8%
2024 · €-15k
2023: €-19k
2024: €-15k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€1k-€2k▲ 69.7%€10k▲ 356%
Operating result€351-€2k▲ 420%€10k▲ 471%
Net result€249-€871▲ 250%€8k▲ 767%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 471% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€16k▼ 32.8%
Current assets
€36k▲ 60.0%
Equity and liabilities €51k
Equity
€10k▲ 356%
Debt
€42k▼ 3.9%
The debt ratio falls from 95.3% to 81.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▲
2024 · €12k
Cash flow
€15k▲
2024 · €11k
Solvency
18.8%▲
2024 · 4.7%
Current ratio
0.89▲
2024 · 0.59
Quick ratio
0.89▲
2024 · 0.59
Debt / equity
4.31▼
2024 · 20.44
ROE
78.1%▲
2024 · 41.1%
ROA
14.7%▲
2024 · 1.9%
Interest coverage
27.21▲
2024 · 20.32
Debt
€42k▼
2024 · €43k
Debt ≤ 1 year
€40k▲
2024 · €38k
Debt > 1 year
€2k▼
2024 · €5k
Income taxes
€2k▲
2024 · €373
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€45k€51k▲
Fixed assets21/28€23k€16k▼
Tangible fixed assets22/27€23k€16k▼
Furniture and vehicles24€23k€16k▼
Current assets29/58€22k€36k▲
Amounts receivable within one year40/41€508€6k▲
Trade receivables40-€6k
Other amounts receivable41€508€333▼
Cash at bank and in hand54/58€21k€29k▲
Deferred charges and accrued income490/1€911€744▼
Equity and liabilities
Total equity and liabilities10/49€45k€51k▲
Equity10/15€2k€10k▲
Contributions10/11€1k€1k=
Reserves13€1k€9k▲
Distributable reserves133€1k€9k▲
Amounts payable17/49€43k€42k▼
Amounts payable after more than one year17€5k€2k▼
Financial debts170/4€5k€2k▼
Amounts payable within one year42/48€38k€40k▲
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€388€0▼
Suppliers440/4€388€0▼
Taxes, remuneration and social security45€373€3k▲
Taxes450/3€373€3k▲
Other amounts payable47/48€33k€33k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€8k▼
Other operating charges640/8€551€470▼
Gross operating margin9900€12k€18k▲
Operating profit (loss)9901€2k€10k▲
Financial charges65/66B€579€661▲
Recurring financial charges65€579€661▲
Profit (loss) for the period before taxes9903€1k€10k▲
Income taxes67/77€373€2k▲
Profit (loss) for the period9904€871€8k▲
Profit (loss) for the period to be appropriated9905€871€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€871€8k▲
Transfer to equity691/2€871€8k▲
To other reserves6921€871€8k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €8k ▲767%
Operating result €10k, net result €8k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Dessel · 1 establishment unit since 2023
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.
Kromstraat 102480 DesselGround area
1,009 m²
Building footprint
140 m²
Volume, LiDAR
777 m³
Parcel 13006E0075/00H000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HDK Afsluitingen
since 20232.345.633.808
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13006E0075/00H000 | Flanders | 1,009 m² | 1 · 140 m² | 9.0 m · 2 fl. |
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.
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Of 15,543 companies in sector 43990 we hold annual accounts for 7,421. 3,987 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-05-2023
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
16230Manufacture of other builders' carpentry and joinery
42110Construction of roads and motorways
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.