HK & Co
ActiveSummary
The computed 12-month bankruptcy probability of HK & Co is 2.3% (moderate). The 2025 annual accounts show equity of €19,671 and a net result of €2,414. Equity is shrinking by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 87% of 13604 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability80▲+80
Solvency100▲+24
Growth32=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 3.82 against 2.03 in 2024; short-term debt: 24.5% and cash: 44% of total assets), and 24.5% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
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
75.5%
Return on assets
9.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-08-2026, 2 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
2 d late
2024
76 d late
2023
46 d late
2022
58 d late
2021
61 d late
2020
61 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 57 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2,414
2024 · -€7,957
Working capital
€17,992▲ 4.3%
2024 · €17,256
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, 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
Line20212022202320242025
Operating result€7,609€176▼ 97.7%€9,603▲ 5,355%-€7,758€2,795
Net result€7,469within the sector's middle half€8within the sector's middle half▼ 99.9%€7,157within the sector's middle half▲ 86,866%-€7,957below the sector's middle half€2,414within the sector's middle half
Equity€18,048within the sector's middle half▲ 70.6%€18,056within the sector's middle half=€25,213within the sector's middle half▲ 39.6%€17,256within the sector's middle half▼ 31.6%€19,671within the sector's middle half▲ 14.0%
Total assets€32,110below the sector's middle half▲ 123%€38,185below the sector's middle half▲ 18.9%€47,876within the sector's middle half▲ 25.4%€33,959below the sector's middle half▼ 29.1%€26,058below the sector's middle half▼ 23.3%
Debt€14,063▲ 265%€20,129▲ 43.1%€22,662▲ 12.6%€16,703▼ 26.3%€6,387▼ 61.8%
Working capital€15,156within the sector's middle half▲ 145%€6,549within the sector's middle half▼ 56.8%€8,587within the sector's middle half▲ 31.1%€17,256within the sector's middle half▲ 101%€17,992within the sector's middle half▲ 4.3%
Solvency56.2%above the sector's middle half▼ 17.1pp47.3%within the sector's middle half▼ 8.9pp52.7%within the sector's middle half▲ 5.4pp50.8%within the sector's middle half▼ 1.8pp75.5%above the sector's middle half▲ 24.7pp
Current ratio2.08within the sector's middle half▼ 0.531.33within the sector's middle half▼ 0.751.38within the sector's middle half▲ 0.052.03within the sector's middle half▲ 0.653.82above the sector's middle half▲ 1.78
Return on assets (ROA)23.3%within the sector's middle half▲ 185.3pp0.0%within the sector's middle half▼ 23.2pp14.9%within the sector's middle half▲ 14.9pp-23.4%below the sector's middle half▼ 38.4pp9.3%within the sector's middle half▲ 32.7pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2,795 after a loss of €7,758 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26,058
Fixed assets
€1,678
Current assets
€24,380
Equity and liabilities €26,058
Equity
€19,671 ▲ 14.0%
Debt
€6,387 ▼ 61.8%
Debt's share of the balance-sheet total falls from 49.2% to 24.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2,858▲
2024 · -€6,313
Cash flow
€2,477▲
2024 · -€6,512
Quick ratio
1.93▲
2024 · 0.98
Debt to equity
0.32▼
2024 · 0.97
ROE
12.3%▲
2024 · -46.1%
Interest coverage
10.53▲
2024 · -31.03
Debt ≤ 1 year
€6,387▼
2024 · €16,703
Income taxes
€120
Staff costs
€1,249▼
2024 · €1,809
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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%.
| 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 34,679 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €2,588 | €2,259 | €2,320 | €1,809 | €1,249 | ▼ 30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,505 | €4,322 | €4,312 | €1,445 | €63 | ▼ 95.7% |
| Other operating charges640/8 | €398 | €348 | €1,007 | €934 | €1,788 | ▲ 91.4% |
| Gross operating margin9900 | €12,099 | €7,104 | €17,242 | -€3,570 | €5,895 | ▲ 265% |
| Operating profit (loss)9901 | €7,609 | €176 | €9,603 | -€7,758 | €2,795 | ▲ 136% |
| Financial income75/76B | - | - | €11 | €4 | €11 | ▲ 150% |
| Recurring financial income75 | - | - | €11 | €4 | €11 | ▲ 150% |
| Financial charges65/66B | €141 | €168 | €156 | €203 | €271 | ▲ 33.3% |
| Recurring financial charges65 | €141 | €168 | €156 | €203 | €271 | ▲ 33.3% |
| Profit (loss) for the period before taxes9903 | €7,469 | €8 | €9,457 | -€7,957 | €2,534 | ▲ 132% |
| Income taxes67/77 | - | - | €2,300 | - | €120 | - |
| Profit (loss) for the period9904 | €7,469 | €8 | €7,157 | -€7,957 | €2,414 | ▲ 130% |
| Profit (loss) for the period to be appropriated9905 | €7,469 | €8 | €7,157 | -€7,957 | €2,414 | ▲ 130% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €32,110 | €38,185 | €47,876 | €33,959 | €26,058 | ▼ 23.3% |
| Fixed assets21/28 | €2,892 | €11,507 | €16,627 | - | €1,678 | - |
| Tangible fixed assets22/27 | €2,892 | €11,507 | €16,627 | - | €1,678 | - |
| Plant, machinery and equipment23 | €696 | - | - | - | €1,678 | - |
| Furniture and vehicles24 | - | €10,062 | €15,182 | - | - | - |
| Other tangible fixed assets26 | €2,197 | €1,445 | €1,445 | - | - | - |
| Current assets29/58 | €29,218 | €26,678 | €31,249 | €33,959 | €24,380 | ▼ 28.2% |
| Stocks and contracts in progress3 | €2,210 | €4,542 | €10,022 | €17,552 | €12,070 | ▼ 31.2% |
| Stocks30/36 | €2,210 | €4,542 | €10,022 | €17,552 | €12,070 | ▼ 31.2% |
| Amounts receivable within one year40/41 | €6,169 | €17,230 | €7,715 | €5,796 | €425 | ▼ 92.7% |
| Trade receivables40 | €4,632 | €15,199 | €5,406 | - | €425 | - |
| Other amounts receivable41 | €1,536 | €2,031 | €2,308 | €5,796 | - | - |
| Cash at bank and in hand54/58 | €20,839 | €4,906 | €11,512 | €10,610 | €11,462 | ▲ 8.0% |
| Deferred charges and accrued income490/1 | - | - | €2,000 | - | €422 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €32,110 | €38,185 | €47,876 | €33,959 | €26,058 | ▼ 23.3% |
| Equity10/15 | €18,048 | €18,056 | €25,213 | €17,256 | €19,671 | ▲ 14.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €965 | €965 | €965 | €965 | €965 | = |
| Non-distributable reserves130/1 | €965 | €965 | €965 | €965 | €965 | = |
| Reserves not available under the articles1311 | - | - | - | - | €965 | - |
| Other1319 | €965 | €965 | €965 | €965 | - | - |
| Profit (loss) carried forward14 | -€1,517 | -€1,509 | €5,648 | -€2,308 | €106 | ▲ 105% |
| Amounts payable17/49 | €14,063 | €20,129 | €22,662 | €16,703 | €6,387 | ▼ 61.8% |
| Amounts payable within one year42/48 | €14,063 | €20,129 | €22,662 | €16,703 | €6,387 | ▼ 61.8% |
| Trade debts44 | €13,896 | €16,378 | €3,853 | €12,074 | €900 | ▼ 92.5% |
| Suppliers440/4 | €13,896 | €16,378 | €3,853 | €12,074 | €900 | ▼ 92.5% |
| Taxes, remuneration and social security45 | €166 | €3,751 | €18,810 | €4,476 | €5,335 | ▲ 19.2% |
| Taxes450/3 | - | €561 | €3,535 | €4,090 | €5,335 | ▲ 30.4% |
| Remuneration and social security454/9 | €166 | €3,190 | €15,274 | €385 | - | - |
| Other amounts payable47/48 | - | - | - | €153 | €153 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,469 | €8 | €7,157 | -€7,957 | €2,414 | ▲ 130% |
| + Depreciation and write-downs630 | €1,505 | €4,322 | €4,312 | €1,445 | €63 | ▼ 95.7% |
| Operating cash flow (approximation) | €8,974 | €4,330 | €11,469 | -€6,512 | €2,477 | ▲ 138% |
| Investment in fixed assets (approximation) | - | -€12,936 | -€9,432 | - | - | - |
| Change in cash | - | -€15,933 | €6,606 | -€901 | €851 | ▲ 194% |
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
02-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
31-12
Financial
Back to profitnet €2,414
Net result €2,414 after one loss-making year.
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 76 days late
2024
15-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 46 days late
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 58 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
31-12
Financial
Back to profitnet €7,469
Net result €7,469 after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet -€23,385
Net result drops to -€23,385, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 92 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Anderlecht · 1 establishment unit since 2008
Ground area
125 m²
Building footprint
67 m²
Volume, LiDAR
712 m³
Parcel 21302A0019/00G007, Brussels · tallest building 15.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
HK & CO
since 20082.173.146.131
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21302A0019/00G007 | Brussels | 125 m² | 1 · 67 m² | 15.5 m · 4 fl. |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAnderlecht2.173.146.131
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Of 21,859 companies in sector 56112 we hold annual accounts for 9,782. 8,048 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
Founded23-07-2008
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0899434775
Also
9925:BE0899434775
Registered
08-04-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.