HDM PROJECTS
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2023 was due by 30-06-2024 and was filed on 28-06-2024, 2 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2023
2 d early
2022
15 d early
2021
12 d early
2020
19 d early
2019
3 d early
2018
5 d late
2017
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 2 days before the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Equity
-€313,089▼ 186%
2022 · -€109,323
Total assets
€0▼ 100%
2022 · €3.7m
Net result
-€203,766▼ 70.7%
2022 · -€119,392
Working capital
-€313,089▲ 90.4%
2022 · -€3.3m
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
Line20192020202120222023
Operating result-€127,846▼ 547%€143,248€52,898▼ 63.1%€50,859▼ 3.9%€21,862▼ 57.0%
Net result-€180,406▼ 733%€10,603-€84,293-€119,392▼ 41.6%-€203,766▼ 70.7%
Equity€83,759▼ 68.3%€94,363▲ 12.7%€10,069▼ 89.3%-€109,323-€313,089▼ 186%
Total assets€1.4m▼ 0.6%€1.6m▲ 10.6%€1.6m▲ 1.5%€3.7m▲ 132%€0▼ 100%
Debt€1.3m▲ 14.9%€1.5m▲ 10.5%€1.6m▲ 7.4%€3.8m▲ 140%€313,089▼ 91.7%
Working capital-€1.3m-€1.2m▲ 7.6%-€1.2m▼ 6.8%-€3.3m▼ 163%-€313,089▲ 90.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2019 Net result -733% on 2018. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2023 is 57% below 2022.
Key figures and ratios
Debt ≤ 1 year
€313,089▼
2022 · €3.6m
Ratios withheld: a balance sheet total of €0 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €1,068 | €868 | €0 | ▼ 100% |
| Gross operating margin9900 | -€126,880 | €144,216 | €53,966 | €51,727 | €21,862 | ▼ 57.7% |
| Operating profit (loss)9901 | -€127,846 | €143,248 | €52,898 | €50,859 | €21,862 | ▼ 57.0% |
| Financial income75/76B | - | - | €4,000 | €0 | €28 | - |
| Recurring financial income75 | €0 | €0 | €4,000 | €0 | €28 | - |
| Financial charges65/66B | - | - | €141,191 | €170,252 | €225,656 | ▲ 32.5% |
| Recurring financial charges65 | €52,559 | €132,645 | €141,191 | €170,252 | €225,656 | ▲ 32.5% |
| Profit (loss) for the period before taxes9903 | -€180,406 | €10,603 | -€84,293 | -€119,392 | -€203,766 | ▼ 70.7% |
| Profit (loss) for the period9904 | -€180,406 | €10,603 | -€84,293 | -€119,392 | -€203,766 | ▼ 70.7% |
| Profit (loss) for the period to be appropriated9905 | -€180,406 | €10,603 | -€84,293 | -€119,392 | -€203,766 | ▼ 70.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.6m | €1.6m | €3.7m | €0 | ▼ 100% |
| Fixed assets21/28 | €1.4m | €1.4m | €1.4m | €3.3m | €0 | ▼ 100% |
| Financial fixed assets28 | €1.4m | €1.4m | €1.4m | €3.3m | €0 | ▼ 100% |
| Current assets29/58 | €10,630 | €160,013 | €184,190 | €329,233 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | - | €160,000 | €180,000 | €0 | - | - |
| Trade receivables40 | - | - | €180,000 | €0 | - | - |
| Cash at bank and in hand54/58 | €10,630 | €13 | €165 | €329,211 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | - | - | €4,025 | €22 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.6m | €1.6m | €3.7m | €0 | ▼ 100% |
| Equity10/15 | €83,759 | €94,363 | €10,069 | -€109,323 | -€313,089 | ▼ 186% |
| Contributions10/11 | €300,000 | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Capital10 | - | - | €300,000 | €300,000 | €300,000 | = |
| Issued capital100 | - | - | €300,000 | €300,000 | €300,000 | = |
| Profit (loss) carried forward14 | -€216,241 | -€205,637 | -€289,931 | -€409,323 | -€613,089 | ▼ 49.8% |
| Amounts payable17/49 | €1.3m | €1.5m | €1.6m | €3.8m | €313,089 | ▼ 91.7% |
| Amounts payable within one year42/48 | €1.3m | €1.3m | €1.4m | €3.6m | €313,089 | ▼ 91.3% |
| Trade debts44 | - | €641 | €120,454 | €121,016 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | €120,454 | €121,016 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | €1.3m | €3.5m | €313,089 | ▼ 91.0% |
| Accrued charges and deferred income492/3 | - | - | €142,153 | €170,669 | €0 | ▼ 100% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€180,406 | €10,603 | -€84,293 | -€119,392 | -€203,766 | ▼ 70.7% |
| Operating cash flow (approximation) | -€180,406 | €10,603 | -€84,293 | -€119,392 | -€203,766 | ▼ 70.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1.9m | €3.3m | ▲ 272% |
| Change in cash | - | -€10,618 | €153 | €329,046 | -€329,211 | ▼ 200% |
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
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-11
Financial
Weakest financial yearnet -€203,766
Net result drops to -€203,766, the lowest in the series.
16-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €10,603
Net result €10,603 after 2 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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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Structure & network
Owners and holdings
Owners 0
The accounts to 31-12-2022 list no shareholders, and no other source names one.
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
Stated earlier (1)
An older source named these holdings; newer accounts no longer list them.
-
100%
According to the 2022 annual accounts of HDM PROJECTS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.