HIPPOS
ActiveHIPPOS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-18k) and a net result of €75k. Equity is growing by ~25.3% per year across the filed fiscal years. Its solvency ranks better than 8% of 4602 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▲+87
Solvency21▲+21
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.92 against 0.59 in 2023; short-term debt: 103.7% and cash: 74.4% of total assets), and equity is negative.
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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2024Solvency, return and age of the figures
Solvency
-3.7%
Return on assets
15%
Age of the figures
21 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 4602 sector peers (2024).
NBB · sector comparisonPosition among 4602 sector peers
Solvency
better than 8%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-12-2025, 141 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
141 d late
2023
30 d late
2022
308 d late
2021
8 d early
2020
87 d late
2019
74 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€75k
2023 · €-116k
2018: €-104k
2019: €3k
2020: €27k
2021: €155k
2022: €-2k
2023: €-116k
2018 → 2024
Working capital
€-44k▲ 42.3%
2023 · €-76k
2018: €-38k
2019: €-5k
2020: €-74k
2021: €12k
2022: €88k
2023: €-76k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-130k-€25k€23k▼ 8.0%€-93k€-18k▲ 80.2%
Operating result€36k-€173k▲ 383%€11k▼ 93.8%€-109k€80k
Net result€27k-€155k▲ 471%€-2k€-116k▼ 5,664%€75k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €80k after a loss of €109k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €498k
Fixed assets
€25k▼ 19.5%
Current assets
€472k▲ 336%
Key figures and ratios
EBITDA
€86k▲
2023 · €-103k
Cash flow
€81k▲
2023 · €-110k
Solvency
-3.7%▲
2023 · -66.6%
Current ratio
0.92▲
2023 · 0.59
Quick ratio
0.89▲
2023 · 0.56
Debt / equity
-27.95▼
2023 · -2.50
ROA
15.0%▲
2023 · -83.2%
Interest coverage
17.57▲
2023 · -18.00
Debt
€516k▲
2023 · €233k
Debt ≤ 1 year
€516k▲
2023 · €184k
Debt > 1 year
€0▼
2023 · €49k
Income taxes
€422▼
2023 · €1k
Staff costs
€65k▼
2023 · €107k
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€140k€498k▲
Fixed assets21/28€31k€25k▼
Tangible fixed assets22/27€13k€7k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€2k€1k▼
Leasing and similar rights25€6k€2k▼
Financial fixed assets28€18k€18k=
Current assets29/58€108k€472k▲
Stocks and contracts in progress3€5k€13k▲
Stocks30/36€5k€13k▲
Amounts receivable within one year40/41€103k€84k▼
Trade receivables40€94k€78k▼
Other amounts receivable41€9k€5k▼
Cash at bank and in hand54/58€37€370k▲
Deferred charges and accrued income490/1-€6k
Equity and liabilities
Total equity and liabilities10/49€140k€498k▲
Equity10/15€-93k€-18k▲
Contributions10/11€19k€19k=
Reserves13€706€706=
Non-distributable reserves130/1€706€706=
Reserves not available under the articles1311€706€706=
Profit (loss) carried forward14€-112k€-38k▲
Amounts payable17/49€233k€516k▲
Amounts payable after more than one year17€49k€0▼
Financial debts170/4€49k€0▼
Amounts payable within one year42/48€184k€516k▲
Current portion of amounts payable after more than one year42€55k€27k▼
Trade debts44€62k€36k▼
Suppliers440/4€62k€36k▼
Advances received on contracts in progress46-€400k
Taxes, remuneration and social security45€37k€21k▼
Taxes450/3€27k€9k▼
Remuneration and social security454/9€10k€12k▲
Other amounts payable47/48€30k€33k▲
Income statement
Code20232024
Remuneration, social security and pensions62€107k€65k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€239k€-9k▼
Other operating charges640/8€2k€4k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€245k€146k▼
Operating profit (loss)9901€-109k€80k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€-115k€75k▲
Income taxes67/77€1k€422▼
Profit (loss) for the period9904€-116k€75k▲
Profit (loss) for the period to be appropriated9905€-116k€75k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-112k€-38k▲
Profit (loss) brought forward from the previous period14P€4k€-112k▼
Social balance
Average headcount (FTE)90871.71.0▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 141 days late
2024
31-12
Financial
Back to profitnet €75k
Net result €75k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
03-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 308 days late
2023
31-12
Financial
Weakest financial yearnet €-116k
Net result drops to €-116k, the lowest in the series; recovery starts the following year.
2022
23-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €155k ▲471%
Operating result €173k, net result €155k, both a record.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 74 days late
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
05-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 66 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Messancy · 1 establishment unit since 2008
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.
Rue de Barnich,Sélange 506781 MessancyGround area
6,050 m²
Building footprint
179 m²
Volume, LiDAR
1,680 m³
Parcel 81019A2506/00A002, Wallonia · tallest building 13.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Barnich,Sélange 50, 6781 Messancy
since 20082.174.721.192
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 81019A2506/00A002 | Wallonia | 6,050 m² | 1 · 179 m² | 13.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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ncElement
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Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 32,079 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-11-2008
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 16 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.