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HDPG

Active
Private limited companyfounded 20224 yrs activeKBO/BCE: BE 0787.475.197
Summary

The computed 12-month bankruptcy probability of HDPG is 9.5% (elevated). For HDPG, one filing cycle of the annual accounts is missing. The 2024 annual accounts show negative equity (-€14,296) and a net result of -€1,484. Its solvency ranks better than 12% of 18930 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability11▲+11
Solvency0=
Growth58
Track record94
Bankruptcy probability, 12 months
9.5% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
-75.7%
Return on assets
-7.9%
Age of the figures
27 mo
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 239 days later.
NBB · 2 filings
Position against the passed deadline
30-06-2025 close31-01-2026 deadline27-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 30-08-2025, 211 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
211 d late
2023
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 120 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

HDPG was incorporated on 21 June 2022 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€14,296▼ 11.6%
2023 · -€12,812
Total assets
€18,880▼ 38.9%
2023 · €30,920
Net result
-€1,484▲ 93.5%
2023 · -€22,812
Working capital
-€13,375▲ 53.0%
2023 · -€28,434
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
Line20232024
Operating result-€22,438-€470
Net result-€22,812--€1,484▲ 93.5%
Equity-€12,812--€14,296▼ 11.6%
Total assets€30,920-€18,880▼ 38.9%
Debt€43,732-€33,176▼ 24.1%
Working capital-€28,434--€13,375▲ 53.0%
Staff (FTE)1.2-0.8▼ 33.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2023: -€22,438-€22,438Net result 2023: -€22,812-€22,812Operating result 2024: €470€470Net result 2024: -€1,484-€1,48420232024-€30,000-€20,000-€10,000€0Operating result 2023: -€22,438-€22,400Net result 2023: -€22,812-€22,800Operating result 2024: €470€470Net result 2024: -€1,484-€1,48020232024
The operating result returns to profit in 2024: €470 after a loss of €22,438 in 2023.
Key figures and ratios
2024 value · change against 2023
EBITDA
€470▲
2023 · -€21,118
Cash flow
-€1,484▲
2023 · -€21,492
Solvency
-75.7%▼
2023 · -41.4%
Current ratio
0.59▲
2023 · 0.14
Debt to equity
-2.32▲
2023 · -3.41
ROA
-7.9%▲
2023 · -73.8%
Interest coverage
0.24▲
2023 · -56.46
Debt ≤ 1 year
€32,255▼
2023 · €33,080
Income taxes
€0
Staff costs
€10,775▼
2023 · €29,672
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€30,920€18,880▼
Fixed assets21/28€26,275€0▼
Tangible fixed assets22/27€22,475€0▼
Plant, machinery and equipment23€22,475€0▼
Financial fixed assets28€3,800€0▼
Current assets29/58€4,646€18,880▲
Stocks and contracts in progress3€2,275€0▼
Stocks30/36€2,275€0▼
Amounts receivable within one year40/41€1,094€18,880▲
Trade receivables40-€18,000
Other amounts receivable41€1,094€880▼
Cash at bank and in hand54/58€601€0▼
Deferred charges and accrued income490/1€676€0▼
Equity and liabilities
Total equity and liabilities10/49€30,920€18,880▼
Equity10/15-€12,812-€14,296▼
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€22,812-€24,296▼
Amounts payable17/49€43,732€33,176▼
Amounts payable within one year42/48€33,080€32,255▼
Financial debts43€4,133€26▼
Credit institutions430/8€4,133€26▼
Trade debts44€7,898€14,244▲
Suppliers440/4€7,898€14,244▲
Taxes, remuneration and social security45€5,041€2,300▼
Taxes450/3€5,041€2,300▼
Other amounts payable47/48€16,008€15,684▼
Accrued charges and deferred income492/3€10,653€921▼
Income statement Code20232024
Remuneration, social security and pensions62€29,672€10,775▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,320€0▼
Other operating charges640/8€348€530▲
Non-recurring operating charges66A-€2,263
Gross operating margin9900€8,901€14,037▲
Operating profit (loss)9901-€22,438€470▲
Financial income75/76B-€14
Recurring financial income75-€14
Financial charges65/66B€374€1,968▲
Recurring financial charges65€374€1,968▲
Profit (loss) for the period before taxes9903-€22,812-€1,484▲
Income taxes67/77-€0
Profit (loss) for the period9904-€22,812-€1,484▲
Profit (loss) for the period to be appropriated9905-€22,812-€1,484▲
Appropriation of the result
Profit (loss) to be appropriated9906-€22,812-€24,296▼
Profit (loss) brought forward from the previous period14P--€22,812

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Remuneration, social security and pensions62€29,672€10,775▼ 63.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,320€0▼ 100%
Other operating charges640/8€348€530▲ 52.6%
Non-recurring operating charges66A-€2,263-
Gross operating margin9900€8,901€14,037▲ 57.7%
Operating profit (loss)9901-€22,438€470▲ 102%
Financial income75/76B-€14-
Recurring financial income75-€14-
Financial charges65/66B€374€1,968▲ 426%
Recurring financial charges65€374€1,968▲ 426%
Profit (loss) for the period before taxes9903-€22,812-€1,484▲ 93.5%
Income taxes67/77-€0-
Profit (loss) for the period9904-€22,812-€1,484▲ 93.5%
Profit (loss) for the period to be appropriated9905-€22,812-€1,484▲ 93.5%
Line20232024Change
Assets
Total assets20/58€30,920€18,880▼ 38.9%
Fixed assets21/28€26,275€0▼ 100%
Tangible fixed assets22/27€22,475€0▼ 100%
Plant, machinery and equipment23€22,475€0▼ 100%
Financial fixed assets28€3,800€0▼ 100%
Current assets29/58€4,646€18,880▲ 306%
Stocks and contracts in progress3€2,275€0▼ 100%
Stocks30/36€2,275€0▼ 100%
Amounts receivable within one year40/41€1,094€18,880▲ 1,625%
Trade receivables40-€18,000-
Other amounts receivable41€1,094€880▼ 19.6%
Cash at bank and in hand54/58€601€0▼ 100%
Deferred charges and accrued income490/1€676€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€30,920€18,880▼ 38.9%
Equity10/15-€12,812-€14,296▼ 11.6%
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€22,812-€24,296▼ 6.5%
Amounts payable17/49€43,732€33,176▼ 24.1%
Amounts payable within one year42/48€33,080€32,255▼ 2.5%
Financial debts43€4,133€26▼ 99.4%
Credit institutions430/8€4,133€26▼ 99.4%
Trade debts44€7,898€14,244▲ 80.3%
Suppliers440/4€7,898€14,244▲ 80.3%
Taxes, remuneration and social security45€5,041€2,300▼ 54.4%
Taxes450/3€5,041€2,300▼ 54.4%
Other amounts payable47/48€16,008€15,684▼ 2.0%
Accrued charges and deferred income492/3€10,653€921▼ 91.4%
Line20232024Change
Profit (loss) for the period9904-€22,812-€1,484▲ 93.5%
+ Depreciation and write-downs630€1,320€0▼ 100%
Operating cash flow (approximation)-€21,492-€1,484▲ 93.1%
Investment in fixed assets (approximation)-€26,275-
Change in cash--€601-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 211 days late
2024
29-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
NBB filing
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, Middelkerke · 1 establishment unit since 2022
seat establishment approximate The establishment unit on the map
Ground area
476 m²
Building footprint
134 m²
Volume, LiDAR
396 m³
Parcel 35022B0264/00W002, Flanders · tallest building 3.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HDPG
Full-service restaurants
since 20222.332.518.715
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35022B0264/00W002indicative Flanders 476 m² 1 · 134 m² 3.1 m · 1 fl.
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Targets Pro 75%
  2. HDPG

Highest known parent: Targets Pro. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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.

Similar companies · same sector

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector. Of 20,506 companies in sector 56111 we hold annual accounts for 11,454. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-06-2022
Fiscal year end30-06
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
56301Cafés and bars
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.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.