HDL
Open bankruptcyA bankruptcy procedure is open for HDL according to publications in the Belgian State Gazette; curator: VINCENT TERLINDEN.
Summary
The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €2.3m and a net result of -€8,591.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 16 March 2026
- Supervising judge
- Albert Bechet
- Official Gazette
- 20-03-2026 (pdf) ↗search the document for 2026/112320
Deadlines
- Appeal or third-party opposition until
- passed on 4 April 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 15 April 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 22 April 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 16 March 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Vincent TerlindenAvenue Louise 349/16, 1050 Ixellesv.terlinden@avocat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
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
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€8,591▼ 65.4%
2021 · -€5,195
Working capital
€2.0m▼ 0.4%
2021 · €2.1m
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201920212022
Operating result€54,979--€5,118--€12,760▼ 149%
Net result€54,889--€5,195--€8,591▼ 65.4%
Equity€2.3m-€2.3m-€2.3m▼ 0.4%
Total assets€2.3m-€2.3m-€2.3m▼ 0.1%
Debt€7,157-€13,245▲ 85.1%
Working capital€2.1m-€2.0m▼ 0.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12,760 in 2022 against €5,118 in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €2.3m
Fixed assets
€271,309 =
Current assets
€2.1m ▼ 0.1%
Equity and liabilities €2.3m
Equity
€2.3m ▼ 0.4%
Debt
€13,245 ▲ 85.1%
Debt's share of the balance-sheet total rises from 0.3% to 0.6%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
0.01▲
2021 · 0.00
ROE
-0.4%▼
2021 · -0.2%
ROA
-0.4%▼
2021 · -0.2%
Debt ≤ 1 year
€13,245▲
2021 · €7,157
A ratio outside any meaningful range has been withheld (balance sheet total €2.3m, equity €2.3m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | - | €868 | - | - |
| Gross operating margin9900 | €55,847 | -€4,250 | -€12,760 | ▼ 200% |
| Operating profit (loss)9901 | €54,979 | -€5,118 | -€12,760 | ▼ 149% |
| Financial income75/76B | - | - | €4,213 | - |
| Recurring financial income75 | - | - | €4,213 | - |
| Financial charges65/66B | - | €77 | €45 | ▼ 41.3% |
| Recurring financial charges65 | €90 | €77 | €45 | ▼ 41.3% |
| Profit (loss) for the period before taxes9903 | €54,889 | -€5,195 | -€8,591 | ▼ 65.4% |
| Profit (loss) for the period9904 | €54,889 | -€5,195 | -€8,591 | ▼ 65.4% |
| Profit (loss) for the period to be appropriated9905 | €54,889 | -€5,195 | -€8,591 | ▼ 65.4% |
| Line | 2019 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €2.3m | €2.3m | €2.3m | ▼ 0.1% |
| Fixed assets21/28 | €19,098 | €271,309 | €271,309 | = |
| Financial fixed assets28 | €19,098 | €271,309 | €271,309 | = |
| Current assets29/58 | €2.3m | €2.1m | €2.1m | ▼ 0.1% |
| Amounts receivable after more than one year29 | - | €240,762 | €244,975 | ▲ 1.8% |
| Other amounts receivable291 | - | €240,762 | €244,975 | ▲ 1.8% |
| Amounts receivable within one year40/41 | €2.1m | €1.8m | €1.8m | ▼ 0.3% |
| Other amounts receivable41 | - | €1.8m | €1.8m | ▼ 0.3% |
| Cash at bank and in hand54/58 | €5,310 | €2,805 | €1,522 | ▼ 45.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €2.3m | €2.3m | €2.3m | ▼ 0.1% |
| Equity10/15 | €2.3m | €2.3m | €2.3m | ▼ 0.4% |
| Contributions10/11 | €432,000 | €432,000 | €432,000 | = |
| Capital10 | - | €432,000 | €432,000 | = |
| Issued capital100 | - | €432,000 | €432,000 | = |
| Reserves13 | €43,200 | €43,200 | €43,200 | = |
| Non-distributable reserves130/1 | - | €43,200 | €43,200 | = |
| Legal reserve130 | - | €43,200 | €43,200 | = |
| Profit (loss) carried forward14 | €1.9m | €1.8m | €1.8m | ▼ 0.5% |
| Amounts payable17/49 | - | €7,157 | €13,245 | ▲ 85.1% |
| Amounts payable within one year42/48 | - | €7,157 | €13,245 | ▲ 85.1% |
| Trade debts44 | - | €7,157 | €7,015 | ▼ 2.0% |
| Suppliers440/4 | - | €7,157 | €7,015 | ▼ 2.0% |
| Other amounts payable47/48 | - | - | €6,230 | - |
| Line | 2019 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €54,889 | -€5,195 | -€8,591 | ▼ 65.4% |
| Operating cash flow (approximation) | €54,889 | -€5,195 | -€8,591 | ▼ 65.4% |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | - | -€1,283 | - |
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
22-06
KBO administration
Address struck
event 07-06-2026
20-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 16-03-2026
2023
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 101 days late
2022
31-12
Financial
Weakest financial yearnet -€8,591
Net result drops to -€8,591, the lowest in the series.
23-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 115 days late
2020
22-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 144 days late
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 91 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
01-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 1 day late
2015
17-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 139 days late
2014
24-10
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 85 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Brussel
Ground area
808 m²
Building footprint
279 m²
Volume, LiDAR
6,467 m³
Parcel 21803C0630/00H003, Brussels · tallest building 26.6 m, ±8 floors. Linked by address, not a title deed.
423
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C0630/00H003 | Brussels | 808 m² | 1 · 279 m² | 26.6 m · 8 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VINCENT TERLINDEN Avenue Louise 349/16,
1050 IXELLES |
16-03-2026 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded28-12-2012
Fiscal year end31-12
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.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.