HGP
ActiveSummary
HGP has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €244k and a net result of €473. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 57% of 3136 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability38▼-24
Solvency66▼-1
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 1.69 against 1.72 in 2024; short-term debt: 59% and cash: 23.2% of total assets), but 59% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
41%
Return on assets
0.1%
Age of the figures
9 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
24 d early
2023
23 d late
2022
296 d late
2021
31 d late
2020
118 d late
2019
61 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€244k▼ 0.1%
2024 · €244k
2018: €244k
2019: €256k▲ +5.0% vs 2018highest in 8 years
2020: €138k▼ -46.3% vs 2019lowest in 8 years
2021: €158k▲ +14.5% vs 2020
2022: €156k▼ -0.7% vs 2021
2023: €189k▲ +20.5% vs 2022
2024: €244k▲ +29.5% vs 2023
2025: €244k▼ -0.1% vs 2024
2018 → 2025
Total assets
€595k▲ 1.7%
2024 · €585k
2018: €763khighest in 8 years
2019: €721k▼ -5.5% vs 2018
2020: €264k▼ -63.4% vs 2019lowest in 8 years
2021: €288k▲ +9.3% vs 2020
2022: €442k▲ +53.3% vs 2021
2023: €493k▲ +11.6% vs 2022
2024: €585k▲ +18.6% vs 2023
2025: €595k▲ +1.7% vs 2024
2018 → 2025
Net result
€473▼ 99.2%
2024 · €56k
2018: €167khighest in 8 years
2019: €12k▼ -92.7% vs 2018
2020: €-119k▼ -1067% vs 2019lowest in 8 years
2021: €20k▲ +117% vs 2020
2022: €-1k▼ -105% vs 2021
2023: €33k▲ +3117% vs 2022
2024: €56k▲ +71.4% vs 2023
2025: €473▼ -99.2% vs 2024
2018 → 2025
Working capital
€244k▼ 0.1%
2024 · €244k
2018: €244k
2019: €254k▲ +4.1% vs 2018highest in 8 years
2020: €136k▼ -46.3% vs 2019lowest in 8 years
2021: €158k▲ +15.5% vs 2020
2022: €156k▼ -0.7% vs 2021
2023: €189k▲ +20.5% vs 2022
2024: €244k▲ +29.5% vs 2023
2025: €244k▼ -0.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€158k-€156k▼ 0.7%€189k▲ 20.5%€244k▲ 29.5%€244k▼ 0.1%
2021: €158k
2022: €156k▼ -0.7% vs 2021lowest in 5 years
2023: €189k▲ +20.5% vs 2022
2024: €244k▲ +29.5% vs 2023highest in 5 years
2025: €244k▼ -0.1% vs 2024
Operating result€20k-€-891€36k€62k▲ 71.0%€705▼ 98.9%
2021: €20k
2022: €-891▼ -104% vs 2021lowest in 5 years
2023: €36k▲ +4187% vs 2022
2024: €62k▲ +71.0% vs 2023highest in 5 years
2025: €705▼ -98.9% vs 2024
Net result€20k-€-1k€33k€56k▲ 71.4%€473▼ 99.2%
2021: €20k
2022: €-1k▼ -105% vs 2021lowest in 5 years
2023: €33k▲ +3117% vs 2022
2024: €56k▲ +71.4% vs 2023highest in 5 years
2025: €473▼ -99.2% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 99% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €595k
Equity
€244k ▼ 0.1%
Debt
€352k ▲ 3.0%
Debt's share of the balance-sheet total rises from 58.3% to 59.0%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.69▼
2024 · 1.72
Quick ratio
0.42▼
2024 · 0.78
Debt to equity
1.44▲
2024 · 1.40
ROE
0.2%▼
2024 · 23.1%
ROA
0.1%▼
2024 · 9.6%
Debt ≤ 1 year
€352k▲
2024 · €341k
Income taxes
€0▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€585k€595k▲
Current assets29/58€585k€595k▲
Stocks and contracts in progress3€320k€448k▲
Stocks30/36€320k€448k▲
Amounts receivable within one year40/41€6k€10k▲
Trade receivables40€6k€2k▼
Other amounts receivable41-€7k
Cash at bank and in hand54/58€259k€138k▼
Deferred charges and accrued income490/1€316€329▲
Equity and liabilities
Total equity and liabilities10/49€585k€595k▲
Equity10/15€244k€244k▼
Contributions10/11€19k€19k=
Reserves13€168k€168k=
Distributable reserves133€168k€168k=
Profit (loss) carried forward14€58k€57k▼
Amounts payable17/49€341k€352k▲
Amounts payable within one year42/48€341k€352k▲
Trade debts44€361€361=
Suppliers440/4€361€361=
Taxes, remuneration and social security45€10k€250▼
Taxes450/3€10k€250▼
Other amounts payable47/48€331k€351k▲
Income statement
Code20242025
Other operating charges640/8€528€544▲
Gross operating margin9900€63k€1k▼
Operating profit (loss)9901€62k€705▼
Financial charges65/66B€246€232▼
Recurring financial charges65€246€232▼
Profit (loss) for the period before taxes9903€62k€473▼
Income taxes67/77€6k€0▼
Profit (loss) for the period9904€56k€473▼
Profit (loss) for the period to be appropriated9905€56k€473▼
Appropriation of the result
Profit (loss) to be appropriated9906€114k€58k▼
Profit (loss) brought forward from the previous period14P€58k€58k=
Transfer to equity691/2€56k€0▼
To other reserves6921€56k€0▼
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | - | - | - | - | - |
| Other operating charges640/8 | €3k | €582 | €616 | €528 | €544 | ▲ 3.0% |
| Gross operating margin9900 | €24k | €-308 | €37k | €63k | €1k | ▼ 98.0% |
| Operating profit (loss)9901 | €20k | €-891 | €36k | €62k | €705 | ▼ 98.9% |
| Financial income75/76B | €0 | - | - | - | - | - |
| Recurring financial income75 | €0 | - | - | - | - | - |
| Financial charges65/66B | €69 | €201 | €221 | €246 | €232 | ▼ 5.8% |
| Recurring financial charges65 | €69 | €201 | €221 | €246 | €232 | ▼ 5.8% |
| Profit (loss) for the period before taxes9903 | €20k | €-1k | €36k | €62k | €473 | ▼ 99.2% |
| Income taxes67/77 | - | - | €3k | €6k | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €20k | €-1k | €33k | €56k | €473 | ▼ 99.2% |
| Profit (loss) for the period to be appropriated9905 | €20k | €-1k | €33k | €56k | €473 | ▼ 99.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €288k | €442k | €493k | €585k | €595k | ▲ 1.7% |
| Current assets29/58 | €288k | €442k | €493k | €585k | €595k | ▲ 1.7% |
| Stocks and contracts in progress3 | €185k | €290k | €320k | €320k | €448k | ▲ 39.8% |
| Stocks30/36 | €185k | €290k | €320k | €320k | €448k | ▲ 39.8% |
| Amounts receivable within one year40/41 | €13k | €10k | €15k | €6k | €10k | ▲ 67.1% |
| Trade receivables40 | €12k | €9k | €15k | €6k | €2k | ▼ 60.9% |
| Other amounts receivable41 | €1k | €532 | €532 | - | €7k | - |
| Cash at bank and in hand54/58 | €90k | €142k | €158k | €259k | €138k | ▼ 46.8% |
| Deferred charges and accrued income490/1 | €257 | €268 | - | €316 | €329 | ▲ 4.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €288k | €442k | €493k | €585k | €595k | ▲ 1.7% |
| Equity10/15 | €158k | €156k | €189k | €244k | €244k | ▼ 0.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €80k | €80k | €112k | €168k | €168k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €78k | €78k | €112k | €168k | €168k | = |
| Profit (loss) carried forward14 | €59k | €58k | €58k | €58k | €57k | ▼ 0.6% |
| Amounts payable17/49 | €131k | €286k | €305k | €341k | €352k | ▲ 3.0% |
| Amounts payable within one year42/48 | €131k | €286k | €305k | €341k | €352k | ▲ 3.0% |
| Trade debts44 | €3k | €350 | €350 | €361 | €361 | = |
| Suppliers440/4 | €3k | €350 | €350 | €361 | €361 | = |
| Taxes, remuneration and social security45 | €3k | €8k | €7k | €10k | €250 | ▼ 97.6% |
| Taxes450/3 | €3k | €8k | €7k | €10k | €250 | ▼ 97.6% |
| Other amounts payable47/48 | €125k | €277k | €297k | €331k | €351k | ▲ 6.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €-1k | €33k | €56k | €473 | ▼ 99.2% |
| + Depreciation and write-downs630 | €1k | - | - | - | - | - |
| Operating cash flow (approximation) | €21k | €-1k | €33k | €56k | €473 | ▼ 99.2% |
| Change in cash | - | €52k | €16k | €101k | €-121k | ▼ 220% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €244k ▲29.5%
2 profitable years in a row build equity to €244k.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 296 days late
2023
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
31-12
Financial
Equity above €150kEq €158k ▲14.5%
Equity rises from €138k to €158k.
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 118 days late
2020
31-12
Financial
Weakest financial yearnet €-119k
Net result drops to €-119k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
Show earlier events
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 85 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hamme (Vl.) · 1 establishment unit since 2014
Ground area
2,385 m²
Building footprint
115 m²
Parcel 42014B0080/00C002, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Overdijk 5, 9220 Hamme (Vl.)
since 20142.302.731.401
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42014B0080/00C002 | Flanders | 2,385 m² | 1 · 115 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,581 companies in sector 01620 we hold annual accounts for 218. 166 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
Founded08-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
01620Support activities for animal production
93127Equestrian clubs
Scores and ratios are computed by Checked and are not a credit decision.