HF SOLUTION SRL
ActiveHF SOLUTION SRL has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €28k and a net result of €-570. Equity is shrinking by ~15% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 77% of 19344 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency67▼-33
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.11 against 3.91 in 2023), and 31.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
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 2024Solvency, return and age of the figures
Solvency
68.7%
Return on assets
-1.4%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€570
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-08-2025, 8 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
8 d late
2023
22 d late
2022
23 d late
2021
6 d early
2020
20 d late
2019
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€28k▼ 2.0%
2023 · €29k
2018: €89k
2019: €79k
2020: €84k
2021: €94k
2022: €42k
2023: €29k
2018 → 2024
Total assets
€41k▲ 25.6%
2023 · €33k
2018: €104k
2019: €98k
2020: €109k
2021: €126k
2022: €71k
2023: €33k
2018 → 2024
Net result
€-570▲ 95.4%
2023 · €-12k
2018: €-2k
2019: €-10k
2020: €5k
2021: €10k
2022: €-52k
2023: €-12k
2018 → 2024
Working capital
€-12k
2023 · €12k
2018: €66k
2019: €59k
2020: €67k
2021: €71k
2022: €23k
2023: €12k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€84k-€94k▲ 12.0%€42k▼ 55.7%€29k▼ 30.0%€28k▼ 2.0%
Operating result€7k-€12k▲ 81.7%€-50k€-10k▲ 80.5%€-3k▲ 70.2%
Net result€5k-€10k▲ 105%€-52k€-12k▲ 76.1%€-570▲ 95.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2024 against €10k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €41k
Fixed assets
€40k▲ 129%
Current assets
€1k▼ 91.0%
Equity and liabilities €41k
Equity
€28k▼ 2.0%
Debt
€13k▲ 227%
The debt ratio rises from 12.0% to 31.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-452▲
2023 · €-8k
Cash flow
€2k▲
2023 · €-11k
Solvency
68.7%▼
2023 · 88.0%
Current ratio
0.11▼
2023 · 3.91
Quick ratio
0.11▼
2023 · 3.91
Debt / equity
0.46▲
2023 · 0.14
ROE
-2.0%▲
2023 · -42.9%
ROA
-1.4%▲
2023 · -37.8%
Interest coverage
-2.77▲
2023 · -46.57
Debt
€13k▲
2023 · €4k
Debt ≤ 1 year
€13k▲
2023 · €4k
Income taxes
€-3k▼
2023 · €3k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€33k€41k▲
Fixed assets21/28€18k€40k▲
Tangible fixed assets22/27€17k€40k▲
Land and buildings22€10k€10k=
Other tangible fixed assets26€7k€30k▲
Financial fixed assets28€471€471=
Current assets29/58€15k€1k▼
Amounts receivable within one year40/41€6k€441▼
Other amounts receivable41€6k€441▼
Cash at bank and in hand54/58€9k€300▼
Deferred charges and accrued income490/1€1k€657▼
Equity and liabilities
Total equity and liabilities10/49€33k€41k▲
Equity10/15€29k€28k▼
Contributions10/11€10k€10k=
Capital10€10k-
Issued capital100€19k-
Uncalled capital101€9k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Legal reserve130€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€17k€16k▼
Amounts payable17/49€4k€13k▲
Amounts payable within one year42/48€4k€13k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€3k-
Taxes450/3€3k-
Other amounts payable47/48-€11k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€6k€6k▲
Gross operating margin9900€-3k€6k▲
Operating profit (loss)9901€-10k€-3k▲
Financial income75/76B-€6
Recurring financial income75-€6
Financial charges65/66B€180€163▼
Recurring financial charges65€180€163▼
Profit (loss) for the period before taxes9903€-10k€-3k▲
Income taxes67/77€3k€-3k▼
Profit (loss) for the period9904€-12k€-570▲
Profit (loss) for the period to be appropriated9905€-12k€-570▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€16k▼
Profit (loss) brought forward from the previous period14P€29k€17k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 3.91
Current ratio from 1.77 to 3.91; short-term debt falls from €29k to €4k.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Weakest financial yearnet €-52k ▼620%
Net result drops to €-52k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €10k ▲105%
Operating result €12k, net result €10k, both a record.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
06-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 37 days late
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Schaarbeek · 1 establishment unit since 1989
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.
Helmetsesteenweg 411030 SchaarbeekGround area
461 m²
Building footprint
217 m²
Volume, LiDAR
2,039 m³
2 parcels, Brussels · tallest building 17.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Harenheidestraat 56, 1130 Brussel
since 19892.043.524.041
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821B0242/00C002 | Brussels | 319 m² | 1 · 92 m² | 10.9 m · 3 fl. |
| 21902A0422/00C006 | Brussels | 142 m² | 1 · 125 m² | 16.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DE DOBBELEER SPARE PARTS
BE 0433.294.941
Ronse · Eq €28k
S & I Bavo
BE 0432.856.956
Ieper · Eq €29k
ALEOR
BE 0767.449.053
Schaarbeek · Eq €29k
DAUTZENBERG 42
BE 0451.404.247
Elsene · Eq €28k
AVILO ESTATE GROUP
BE 0726.616.211
Etterbeek · Eq €29k
Of 9,094 companies in sector 68201 we hold annual accounts for 6,725. 2,625 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-04-1989
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 36 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.