HDS GROUP
ActiveThe file of HDS GROUP contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
For HDS GROUP, at least two filing cycles of the annual accounts are missing. The computed 12-month bankruptcy probability is 2.3% (moderate). The 2023 annual accounts show equity of €70,944 and a net result of €28,100. Equity is growing by ~26.7% per year across the filed fiscal years. Its solvency ranks better than 52% of 17994 sector peers (fiscal year 2023).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability83▲+6
Solvency54▲+13
Growth78=
Track record85
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
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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 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 2023Solvency, return and age of the figures
Solvency
29.4%
Return on assets
11.7%
Age of the figures
33 mo
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 09-08-2024, 9 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
9 d late
2022
66 d late
2021
144 d late
2020
76 d late
2019
89 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 77 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)
History
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Financials · fiscal year 2023, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€28,100▲ 61.1%
2022 · €17,441
Working capital
€40,523▲ 122%
2022 · €18,251
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€4,269€2,351▼ 44.9%€5,956▲ 153%€18,565▲ 212%€29,505▲ 58.9%
Net result€1,530€1,421▼ 7.1%€2,899▲ 104%€17,441▲ 502%€28,100▲ 61.1%
Equity€21,083▲ 7.8%€22,504▲ 6.7%€25,403▲ 12.9%€42,844▲ 68.7%€70,944▲ 65.6%
Total assets€140,772▲ 56.8%€171,232▲ 21.6%€253,715▲ 48.2%€267,005▲ 5.2%€241,106▼ 9.7%
Debt€119,689▲ 70.4%€148,728▲ 24.3%€228,312▲ 53.5%€224,160▼ 1.8%€170,161▼ 24.1%
Working capital-€6,180▲ 53.7%€1,292€3,395▲ 163%€18,251▲ 438%€40,523▲ 122%
Staff (FTE)011=
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed three years in a row; 2023 is 59% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €241,106
Fixed assets
€34,560 ▼ 17.6%
Current assets
€206,546 ▼ 8.2%
Equity and liabilities €241,106
Equity
€70,944 ▲ 65.6%
Debt
€170,161 ▼ 24.1%
Debt's share of the balance-sheet total falls from 84.0% to 70.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36,905▲
2022 · €36,125
Cash flow
€35,500▲
2022 · €35,001
Current ratio
1.24▲
2022 · 1.09
Debt to equity
2.40▼
2022 · 5.23
ROE
39.6%▼
2022 · 40.7%
ROA
11.7%▲
2022 · 6.5%
Interest coverage
26.27▼
2022 · 32.15
Debt ≤ 1 year
€166,023▼
2022 · €206,794
Debt > 1 year
€4,139▼
2022 · €17,367
Staff costs
€42,773▲
2022 · €31,358
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €27,377 | €31,358 | €42,773 | ▲ 36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,468 | €14,047 | €16,142 | €17,560 | €7,400 | ▼ 57.9% |
| Other operating charges640/8 | - | - | €18,330 | €4,915 | €16,232 | ▲ 230% |
| Non-recurring operating charges66A | - | - | €705 | €293 | €395 | ▲ 34.9% |
| Gross operating margin9900 | €78,605 | €67,989 | €68,510 | €72,691 | €96,306 | ▲ 32.5% |
| Operating profit (loss)9901 | €4,269 | €2,351 | €5,956 | €18,565 | €29,505 | ▲ 58.9% |
| Recurring financial income75 | €7 | - | - | - | - | - |
| Financial charges65/66B | - | - | €3,057 | €1,124 | €1,405 | ▲ 25.0% |
| Recurring financial charges65 | €2,486 | €930 | €3,057 | €1,124 | €1,405 | ▲ 25.0% |
| Profit (loss) for the period before taxes9903 | €1,790 | €1,421 | €2,899 | €17,441 | €28,100 | ▲ 61.1% |
| Income taxes67/77 | €260 | - | - | - | - | - |
| Profit (loss) for the period9904 | €1,530 | €1,421 | €2,899 | €17,441 | €28,100 | ▲ 61.1% |
| Profit (loss) for the period to be appropriated9905 | €1,530 | €1,421 | €2,899 | €17,441 | €28,100 | ▲ 61.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €140,772 | €171,232 | €253,715 | €267,005 | €241,106 | ▼ 9.7% |
| Fixed assets21/28 | €51,488 | €37,441 | €59,320 | €41,960 | €34,560 | ▼ 17.6% |
| Tangible fixed assets22/27 | €37,463 | €23,416 | €45,295 | €27,735 | €20,335 | ▼ 26.7% |
| Furniture and vehicles24 | - | - | €360 | - | - | - |
| Leasing and similar rights25 | - | - | €44,935 | €27,735 | €20,335 | ▼ 26.7% |
| Financial fixed assets28 | €14,025 | €14,025 | €14,025 | €14,225 | €14,225 | = |
| Current assets29/58 | €89,284 | €133,791 | €194,395 | €225,045 | €206,546 | ▼ 8.2% |
| Amounts receivable within one year40/41 | €89,277 | €133,317 | €194,329 | €224,917 | €206,031 | ▼ 8.4% |
| Trade receivables40 | - | - | €58,000 | €29,334 | €29,334 | = |
| Other amounts receivable41 | - | - | €136,329 | €195,583 | €176,697 | ▼ 9.7% |
| Cash at bank and in hand54/58 | €7 | €474 | €66 | €128 | €515 | ▲ 302% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €140,772 | €171,232 | €253,715 | €267,005 | €241,106 | ▼ 9.7% |
| Equity10/15 | €21,083 | €22,504 | €25,403 | €42,844 | €70,944 | ▲ 65.6% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €400 | €400 | €400 | €400 | €400 | = |
| Non-distributable reserves130/1 | - | - | €400 | €400 | €400 | = |
| Reserves not available under the articles1311 | - | - | €400 | €400 | €400 | = |
| Profit (loss) carried forward14 | €2,083 | €3,504 | €6,403 | €23,844 | €51,944 | ▲ 118% |
| Amounts payable17/49 | €119,689 | €148,728 | €228,312 | €224,160 | €170,161 | ▼ 24.1% |
| Amounts payable after more than one year17 | €24,225 | €16,229 | €37,312 | €17,367 | €4,139 | ▼ 76.2% |
| Financial debts170/4 | - | - | €37,312 | €17,367 | €4,139 | ▼ 76.2% |
| Amounts payable within one year42/48 | €95,464 | €132,499 | €191,000 | €206,794 | €166,023 | ▼ 19.7% |
| Current portion of amounts payable after more than one year42 | - | - | €19,815 | €19,945 | €3,981 | ▼ 80.0% |
| Trade debts44 | €8,289 | €23,282 | €65,853 | €35,575 | €65,647 | ▲ 84.5% |
| Suppliers440/4 | - | - | €65,853 | €35,575 | €65,647 | ▲ 84.5% |
| Advances received on contracts in progress46 | - | - | €97,330 | €117,937 | €44,956 | ▼ 61.9% |
| Taxes, remuneration and social security45 | - | - | €8,002 | €33,337 | €51,438 | ▲ 54.3% |
| Taxes450/3 | - | - | €3,750 | €27,415 | €44,008 | ▲ 60.5% |
| Remuneration and social security454/9 | - | - | €4,252 | €5,922 | €7,430 | ▲ 25.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,530 | €1,421 | €2,899 | €17,441 | €28,100 | ▲ 61.1% |
| + Depreciation and write-downs630 | €14,468 | €14,047 | €16,142 | €17,560 | €7,400 | ▼ 57.9% |
| Operating cash flow (approximation) | €15,998 | €15,468 | €19,041 | €35,001 | €35,500 | ▲ 1.4% |
| Investment in fixed assets (approximation) | - | €0 | -€38,020 | -€200 | €0 | ▲ 100% |
| Change in cash | - | €467 | -€408 | €62 | €387 | ▲ 523% |
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
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
25-06
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · event 14-06-2024
23-05
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 14-05-2024
2023
31-12
Financial
Highest result since 2018net €28,100 ▲61.1%
Operating result €29,505, net result €28,100, both a record.
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 144 days late
2021
15-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 76 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 89 days late
2019
31-12
Financial
Back to profitnet €1,530
Net result €1,530 after one loss-making year.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 58 days late
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 142 days late
10-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 163 days late
2015
08-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 39 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, Machelen (Brab.) · 1 establishment unit since 2013
Ground area
1,881 m²
Building footprint
491 m²
Volume, LiDAR
953 m³
2 parcels, Flanders, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
71
companies at this address
See who is registered here
1 establishment unit
HDS Group sprl
since 20132.259.541.061
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25091B0115/00D000 | Wallonia | 1,231 m² | 1 · 162 m² | 7.7 m · 2 fl. |
| 23015C0111/00W000 | Flanders | 649 m² | 1 · 329 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 | STEVEN VERBEKE LAKENSESTRAAT 154 B11,
1000 BRUSSEL 1 |
14-05-2024 → 14-06-2024 |
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Of 14,005 companies in sector 56301 we hold annual accounts for 4,893. 3,912 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-10-2013
Fiscal year end31-12
Legal name FR
HDS GROUP SPRL
Activities, NACEBEL 2025
56301Cafés and bars
55100Hotels and similar accommodation
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0540933465
Also
9925:BE0540933465
Registered
07-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.