HDS
ActiveHDS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43k and a net result of €9k. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 61% of 11200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +35 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency89▲+14
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.1 in 2024), and 44.3% 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.
−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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.7%
Return on assets
12.4%
Age of the figures
8 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
13 d early
2023
7 d early
2022
20 d early
2021
3 d early
2020
5 d early
2019
50 d early
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€43k▲ 28.6%
2024 · €33k
2018: €18k
2019: €21k
2020: €27k
2021: €30k
2022: €39k
2023: €37k
2024: €33k
2018 → 2025
Total assets
€76k▲ 15.9%
2024 · €66k
2018: €36k
2019: €43k
2020: €56k
2021: €59k
2022: €73k
2023: €71k
2024: €66k
2018 → 2025
Net result
€9k
2024 · €-4k
2018: €6k
2019: €3k
2020: €8k
2021: €3k
2022: €10k
2023: €-2k
2024: €-4k
2018 → 2025
Working capital
€21k▲ 535%
2024 · €3k
2018: €17k
2019: €20k
2020: €25k
2021: €16k
2022: €18k
2023: €-4k
2024: €3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€30k-€39k▲ 32.8%€37k▼ 5.7%€33k▼ 11.0%€43k▲ 28.6%
Operating result€5k-€15k▲ 222%€-1k€-3k▼ 170%€12k
Net result€3k-€10k▲ 211%€-2k€-4k▼ 81.7%€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €12k after a loss of €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76k
Fixed assets
€21k▼ 29.0%
Current assets
€55k▲ 52.8%
Equity and liabilities €76k
Equity
€43k▲ 28.6%
Debt
€34k▲ 3.1%
The debt ratio falls from 49.8% to 44.3%: equity grows faster than debt.
Key figures and ratios
EBITDA
€24k▲
2024 · €8k
Cash flow
€21k▲
2024 · €8k
Solvency
55.7%▲
2024 · 50.2%
Current ratio
1.63▲
2024 · 1.10
Quick ratio
1.63▲
2024 · 1.10
Debt / equity
0.80▼
2024 · 0.99
ROE
22.3%▲
2024 · -12.4%
ROA
12.4%▲
2024 · -6.2%
Interest coverage
104.41▲
2024 · 9.91
Debt
€34k▲
2024 · €33k
Debt ≤ 1 year
€34k▲
2024 · €33k
Income taxes
€2k▲
2024 · €138
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€66k€76k▲
Formation expenses20-€0
Fixed assets21/28€30k€21k▼
Tangible fixed assets22/27€30k€21k▼
Plant, machinery and equipment23€15k€11k▼
Furniture and vehicles24€15k€10k▼
Current assets29/58€36k€55k▲
Amounts receivable within one year40/41€2k€3k▲
Trade receivables40€2k€3k▲
Other amounts receivable41-€0
Cash at bank and in hand54/58€34k€52k▲
Equity and liabilities
Total equity and liabilities10/49€66k€76k▲
Equity10/15€33k€43k▲
Contributions10/11€14k€14k=
Reserves13€25k€25k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€23k€23k=
Profit (loss) carried forward14€-6k€3k▲
Amounts payable17/49€33k€34k▲
Amounts payable within one year42/48€33k€34k▲
Trade debts44€700€50▼
Suppliers440/4€700€50▼
Taxes, remuneration and social security45€3k€4k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9€450€450=
Other amounts payable47/48€29k€30k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Other operating charges640/8€85€232▲
Gross operating margin9900€8k€24k▲
Operating profit (loss)9901€-3k€12k▲
Financial income75/76B€326-
Recurring financial income75€326-
Financial charges65/66B€843€228▼
Recurring financial charges65€843€228▼
Profit (loss) for the period before taxes9903€-4k€12k▲
Income taxes67/77€138€2k▲
Profit (loss) for the period9904€-4k€9k▲
Profit (loss) for the period to be appropriated9905€-4k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€3k▲
Profit (loss) brought forward from the previous period14P€-2k€-6k▼
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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €10k ▲211%
Operating result €15k, net result €10k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 3 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Beringen · 1 establishment unit since 2010
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.
Kioskplein 193582 BeringenGround area
770 m²
Building footprint
135 m²
Volume, LiDAR
1,063 m³
Parcel 71522C0003/00G063, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HDS BVBA
since 20102.185.589.449
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71522C0003/00G063 | Flanders | 770 m² | 1 · 135 m² | 13.6 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
TRAVHYMAT
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VAN TIFFANY'S
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HAKO BUILD
BE 0471.751.382
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GREEN PRODUCT ECO
BE 1008.269.666
Verviers · Eq €46k
3B Plastics
BE 0644.983.682
Antwerpen · Eq €39k
Of 392 companies in sector 46839 we hold annual accounts for 249. 134 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-01-2010
Fiscal year end31-12
Activities, NACEBEL
46839Wholesale trade
43240Other construction installation
43299Specialised construction activities
46130Agents in the wholesale of timber and building materials
74209Other photographic activities
77392Rental and leasing activities
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.