Hildebrandt
ActiveThe computed 12-month bankruptcy probability of Hildebrandt is 1.6% (moderate). The 2025 annual accounts show equity of €174k and a net result of €-25k. Equity is shrinking by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 61% of 27619 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18▼-15
Solvency82▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.51 against 2.93 in 2024; short-term debt: 19.9% and cash: 20.9% of total assets), and 42.7% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-25k
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
14 d early
2023
56 d late
2022
31 d late
2021
31 d late
2020
60 d late
2019
91 d late
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-25k▼ 24.4%
2024 · €-20k
2018: €20k
2019: €349
2020: €12k
2021: €3k
2022: €8k
2023: €-42k
2024: €-20k
2018 → 2025
Working capital
€92k▼ 24.3%
2024 · €121k
2018: €138k
2019: €177k
2020: €177k
2021: €177k
2022: €191k
2023: €139k
2024: €121k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€253k-€262k▲ 3.3%€220k▼ 16.0%€200k▼ 9.2%€174k▼ 12.6%
Operating result€9k-€12k▲ 27.3%€-36k€-18k▲ 50.5%€-21k▼ 15.4%
Net result€3k-€8k▲ 169%€-42k€-20k▲ 51.4%€-25k▼ 24.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21k in 2025 against €18k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €304k
Fixed assets
€152k▼ 14.5%
Current assets
€152k▼ 17.1%
Equity and liabilities €304k
Equity
€174k▼ 12.6%
Debt
€130k▼ 19.7%
The debt ratio falls from 44.8% to 42.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5k▼
2024 · €13k
Cash flow
€482▼
2024 · €11k
Solvency
57.3%▲
2024 · 55.2%
Current ratio
2.51▼
2024 · 2.93
Quick ratio
2.51▼
2024 · 2.93
Debt / equity
0.75▼
2024 · 0.81
ROE
-14.5%▼
2024 · -10.2%
ROA
-8.3%▼
2024 · -5.6%
Interest coverage
1.11▼
2024 · 2.58
Debt
€130k▼
2024 · €162k
Debt ≤ 1 year
€61k▼
2024 · €63k
Debt > 1 year
€69k▼
2024 · €99k
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€362k€304k▼
Fixed assets21/28€178k€152k▼
Tangible fixed assets22/27€177k€151k▼
Land and buildings22€150k€144k▼
Plant, machinery and equipment23€2k€303▼
Furniture and vehicles24€25k€7k▼
Financial fixed assets28€905€905=
Current assets29/58€184k€152k▼
Amounts receivable within one year40/41€87k€88k▲
Trade receivables40€32k€25k▼
Other amounts receivable41€55k€63k▲
Cash at bank and in hand54/58€96k€64k▼
Deferred charges and accrued income490/1€1k€673▼
Equity and liabilities
Total equity and liabilities10/49€362k€304k▼
Equity10/15€200k€174k▼
Contributions10/11€6k€6k=
Reserves13€98k€98k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€96k€96k=
Profit (loss) carried forward14€95k€70k▼
Amounts payable17/49€162k€130k▼
Amounts payable after more than one year17€99k€69k▼
Financial debts170/4€99k€69k▼
Amounts payable within one year42/48€63k€61k▼
Current portion of amounts payable after more than one year42€31k€31k▲
Trade debts44€32k€28k▼
Suppliers440/4€32k€28k▼
Taxes, remuneration and social security45€62€1k▲
Taxes450/3-€1k
Remuneration and social security454/9€62-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€26k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€15k€7k▼
Operating profit (loss)9901€-18k€-21k▼
Financial income75/76B€7€0▼
Recurring financial income75€7€0▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€-23k€-25k▼
Income taxes67/77€-3k-
Profit (loss) for the period9904€-20k€-25k▼
Profit (loss) for the period to be appropriated9905€-20k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€95k€70k▼
Profit (loss) brought forward from the previous period14P€116k€95k▼
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
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 56 days late
2023
31-12
Financial
Weakest financial yearnet €-42k ▼594%
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 60 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 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 2007
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.
Vaderlandsplein 501030 SchaarbeekGround area
635 m²
Building footprint
542 m²
Volume, LiDAR
3,147 m³
2 parcels, Brussels · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
HILDEBRANDT
since 20072.160.824.755
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21904B0483/00M002 | Brussels | 572 m² | 1 · 488 m² | 14.3 m · 1 fl. |
| 21904B0458/00S003 | Brussels | 63 m² | 1 · 53 m² | 14.3 m · 4 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
K&K DE MAN
BE 0890.615.891
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GTB Constructies
BE 0886.994.031
Gent · Eq €174k
StoneDesign
BE 0525.884.312
Antwerpen · Eq €175k
W.Z.B.
BE 0506.726.614
Sint-Agatha-Berchem · Eq €174k
SABBE JOHAN
BE 0867.869.985
Wevelgem · Eq €174k
Of 15,536 companies in sector 43990 we hold annual accounts for 7,421. 5,959 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-02-2007
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
43110Demolition
43120Site preparation
43130Specialised construction activities
45111
45112
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.