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HF SERVICES

Active
Private limited companyfounded 200125 yrs activeHavendoklaan 14, 1804 Zemst, BelgiumKBO/BCE: BE 0474.271.996
Summary

HF SERVICES has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €46,241 and a net result of €2,430. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 12% of 9086 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability38=
Solvency31▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.07 against 1.15 in 2023; short-term debt: 93.8% of total assets), and 93.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 25 years 0 30 y
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
Wholesale trade (NACE 46)
about 21% 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
6.2%
Return on assets
0.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 9086 sector peers (2024).
NBB · sector comparison
Position among 9086 sector peers
Solvency
better than 12%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
48 d late
2022
59 d late
2021
31 d late
2020
90 d late
2019
455 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 124 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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

HF SERVICES was incorporated on 8 March 2001.1 Since 2026, Michel Roos has served as director of the company.2 Total assets rose from EUR 172,601 in 2018 to EUR 744,013 in 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 05-08-2026
  3. 3National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€46,241▲ 5.5%
2023 · €43,811
Total assets
€744,013▲ 68.4%
2023 · €441,774
Net result
€2,430▲ 1,754%
2023 · €131
Working capital
€46,241▼ 21.4%
2023 · €58,811
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€2,008€769▼ 61.7%€1,471▲ 91.3%€472▼ 67.9%€5,229▲ 1,009%
Net result€1,082within the sector's middle half€223within the sector's middle half▼ 79.4%€878within the sector's middle half▲ 294%€131below the sector's middle half▼ 85.1%€2,430within the sector's middle half▲ 1,754%
Equity€42,579within the sector's middle half▲ 2.6%€42,802within the sector's middle half▲ 0.5%€43,680within the sector's middle half▲ 2.1%€43,811below the sector's middle half▲ 0.3%€46,241below the sector's middle half▲ 5.5%
Total assets€286,980within the sector's middle half▲ 202%€520,109above the sector's middle half▲ 81.2%€400,379within the sector's middle half▼ 23.0%€441,774below the sector's middle half▲ 10.3%€744,013within the sector's middle half▲ 68.4%
Debt€239,901▲ 348%€472,806▲ 97.1%€346,698▼ 26.7%€382,962▲ 10.5%€697,771▲ 82.2%
Working capital€51,045within the sector's middle half▲ 23.0%€47,302within the sector's middle half▼ 7.3%€53,680within the sector's middle half▲ 13.5%€58,811within the sector's middle half▲ 9.6%€46,241below the sector's middle half▼ 21.4%
Solvency14.8%within the sector's middle half▼ 28.8pp8.2%within the sector's middle half▼ 6.6pp10.9%within the sector's middle half▲ 2.7pp9.9%below the sector's middle half▼ 1.0pp6.2%below the sector's middle half▼ 3.7pp
Current ratio1.22within the sector's middle half▼ 0.561.10within the sector's middle half▼ 0.121.15within the sector's middle half▲ 0.051.15below the sector's middle half=1.07below the sector's middle half▼ 0.09
Return on assets (ROA)0.4%within the sector's middle half▲ 0.6pp0.0%within the sector's middle half▼ 0.3pp0.2%within the sector's middle half▲ 0.2pp0.0%below the sector's middle half▼ 0.2pp0.3%within the sector's middle half▲ 0.3pp
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€2,000€4,000€6,000Operating result 2020: €2,008€2,008Net result 2020: €1,082€1,082Operating result 2021: €769€769Net result 2021: €223€223Operating result 2022: €1,471€1,471Net result 2022: €878€878Operating result 2023: €472€472Net result 2023: €131€131Operating result 2024: €5,229€5,229Net result 2024: €2,430€2,43020202021202220232024€0€2,000€4,000€6,000Operating result 2022: €1,471€1,470Net result 2022: €878€878Operating result 2023: €472€472Net result 2023: €131€131Operating result 2024: €5,229€5,230Net result 2024: €2,430€2,430202220232024
The operating result recovers in 2024; 2024 is 1,009% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €744,013
Equity €46,241 ▲ 5.5%
Provisions €0 ▼ 100%
Debt €697,771 ▲ 82.2%
Debt's share of the balance-sheet total rises from 86.7% to 93.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Debt to equity
15.09▲
2023 · 8.74
ROE
5.3%▲
2023 · 0.3%
Debt ≤ 1 year
€697,771▲
2023 · €382,962
Income taxes
€844▲
2023 · €29
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,214 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.2% went bankrupt
2.6% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,214 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet Code20232024
Assets
Total assets20/58€441,774€744,013▲
Current assets29/58€441,774€744,013▲
Amounts receivable within one year40/41€386,101€744,013▲
Trade receivables40€383,834€681,192▲
Other amounts receivable41€2,267€62,820▲
Cash at bank and in hand54/58€55,672-
Equity and liabilities
Total equity and liabilities10/49€441,774€744,013▲
Equity10/15€43,811€46,241▲
Contributions10/11€18,592€18,592=
Reserves13€6,390€6,390=
Distributable reserves133€6,390€6,390=
Profit (loss) carried forward14€18,830€21,259▲
Provisions and deferred taxes16€15,000-
Provisions for liabilities and charges160/5€15,000-
Other liabilities and charges164/5€15,000-
Amounts payable17/49€382,962€697,771▲
Amounts payable within one year42/48€382,962€697,771▲
Trade debts44€302,765€456,031▲
Suppliers440/4€302,765€456,031▲
Taxes, remuneration and social security45-€19,415
Taxes450/3-€19,415
Other amounts payable47/48€80,197€222,326▲
Income statement Code20232024
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5,000€16,479▲
Non-recurring operating charges66A€1,805-
Gross operating margin9900€7,277€21,708▲
Operating profit (loss)9901€472€5,229▲
Financial charges65/66B€312€1,955▲
Recurring financial charges65€312€1,955▲
Profit (loss) for the period before taxes9903€160€3,273▲
Income taxes67/77€29€844▲
Profit (loss) for the period9904€131€2,430▲
Profit (loss) for the period to be appropriated9905€131€2,430▲
Appropriation of the result
Profit (loss) to be appropriated9906€18,830€21,259▲
Profit (loss) brought forward from the previous period14P€18,699€18,830▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€5,500€5,000€16,479▲ 230%
Non-recurring operating charges66A---€1,805--
Gross operating margin9900€4,008€769€6,971€7,277€21,708▲ 198%
Operating profit (loss)9901€2,008€769€1,471€472€5,229▲ 1,009%
Recurring financial income75€48-----
Financial charges65/66B-€446€461€312€1,955▲ 527%
Recurring financial charges65€574€446€461€312€1,955▲ 527%
Profit (loss) for the period before taxes9903€1,482€323€1,010€160€3,273▲ 1,949%
Income taxes67/77€400€100€132€29€844▲ 2,842%
Profit (loss) for the period9904€1,082€223€878€131€2,430▲ 1,754%
Profit (loss) for the period to be appropriated9905€1,082€223€878€131€2,430▲ 1,754%
Line20202021202220232024Change
Assets
Total assets20/58€286,980€520,109€400,379€441,774€744,013▲ 68.4%
Current assets29/58€286,980€520,109€400,379€441,774€744,013▲ 68.4%
Amounts receivable within one year40/41€96,070€209,192€238,845€386,101€744,013▲ 92.7%
Trade receivables40-€209,192€236,745€383,834€681,192▲ 77.5%
Other amounts receivable41--€2,100€2,267€62,820▲ 2,671%
Cash at bank and in hand54/58€190,911€310,917€161,534€55,672--
Equity and liabilities
Total equity and liabilities10/49€286,980€520,109€400,379€441,774€744,013▲ 68.4%
Equity10/15€42,579€42,802€43,680€43,811€46,241▲ 5.5%
Contributions10/11-€18,592€18,592€18,592€18,592=
Reserves13€6,390€6,390€6,390€6,390€6,390=
Non-distributable reserves130/1-€1,247€1,247---
Reserves not available under the articles1311-€1,247€1,247---
Distributable reserves133-€5,142€5,142€6,390€6,390=
Profit (loss) carried forward14€17,598€17,821€18,699€18,830€21,259▲ 12.9%
Provisions and deferred taxes16€4,500€4,500€10,000€15,000--
Provisions for liabilities and charges160/5-€4,500€10,000€15,000--
Other liabilities and charges164/5-€4,500€10,000€15,000--
Amounts payable17/49€239,901€472,806€346,698€382,962€697,771▲ 82.2%
Amounts payable within one year42/48€235,936€472,806€346,698€382,962€697,771▲ 82.2%
Trade debts44€61,743€82,658€154,605€302,765€456,031▲ 50.6%
Suppliers440/4-€82,658€154,605€302,765€456,031▲ 50.6%
Taxes, remuneration and social security45-€9,578€12,215-€19,415-
Taxes450/3-€9,578€12,215-€19,415-
Other amounts payable47/48-€380,570€179,878€80,197€222,326▲ 177%
Line20202021202220232024Change
Profit (loss) for the period9904€1,082€223€878€131€2,430▲ 1,754%
Operating cash flow (approximation)€1,082€223€878€131€2,430▲ 1,754%
Change in cash-€120,006-€149,383-€105,861--

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

2026
05-08
State Gazette act Resignation: Eelco Aantjes (director)
Appointment: Michel Roos (director)3 facts ▸
  • General meeting, 15-07-2026
  • Director resignation, Eelco Aantjes (director)
  • Director appointment, Michel Roos (director)
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial Highest result since 2018net €2,430 ▲1,754%
Operating result €5,229, net result €2,430, both a record.
17-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 48 days late
2023
28-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
29-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
29-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 455 days late
2020
31-12
Financial Back to profitnet €1,082
Net result €1,082 after 2 loss-making years.
2019
20-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
17-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
25-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts

Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, last change in 2026
Michel Roos
Director · since 05-08-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
7 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Zemst · 1 establishment unit since 2001
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.

Havendoklaan 141804 Zemst
1 establishment unit
Havendoklaan 14, 1804 Zemst
Wholesale trade
since 20012.100.330.805

Mandate history

2 people since 2026, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Michel Roos
  • Director, from 05-08-2026 to date
Eelco Aantjes
  • Director, until 05-08-2026
See the board, name and seat on a given date →

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Van Heck-INTERPIECES 100%
  2. HF SERVICES

Highest known parent: Van Heck-INTERPIECES. 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

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Similar companies · same sector, comparable size

Of 1,743 companies in sector 46720 we hold annual accounts for 1,083. 484 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
Founded08-03-2001
Fiscal year end31-12
Activities, NACEBEL 2025
46720Wholesale of motor vehicle parts and accessories
46620Wholesale of machine tools
E-invoicing
Reachable via Peppol
Peppol ID 0208:0474271996
Also 9925:BE0474271996
Registered 15-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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