HKR
ActiveHKR has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €-3k. Equity is growing by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 70% of 18173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability25▼-33
Solvency83▲+11
Growth81▲+6
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.01 against 1.49 in 2024; short-term debt: 41.8% and cash: 9.2% of total assets), and 41.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2025Solvency, return and age of the figures
Solvency
58.2%
Return on assets
-3.5%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 28-08-2026, 28 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 · 6 filingsDeviation from the deadline
2025
28 d late
2024
25 d late
2023
22 d late
2022
21 d late
2021
30 d late
2019
53 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
€1.02M▲ 50.0%
2024 · €680k
2019: €403k
2021: €557k
2022: €622k
2023: €723k
2024: €680k
2019 → 2025
EBIT margin
-0.3%▼ 0.8pp
2024 · 0.6%
2019: -0.9%
2021: 0.8%
2022: 1.6%
2023: 1.9%
2024: 0.6%
2019 → 2025
Net result
€-3k
2024 · €4k
2019: €-4k
2021: €4k
2022: €11k
2023: €14k
2024: €4k
2019 → 2025
Working capital
€34k▲ 25.7%
2024 · €27k
2019: €-469
2021: €19k
2022: €24k
2023: €14k
2024: €27k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€557k-€622k▲ 11.6%€723k▲ 16.2%€680k▼ 6.0%€1.02M▲ 50.0%
Equity€21k-€32k▲ 49.2%€46k▲ 43.1%€49k▲ 8.2%€46k▼ 5.7%
Operating result€4k-€10k▲ 125%€14k▲ 40.2%€4k▼ 72.5%€-3k
Net result€4k-€11k▲ 141%€14k▲ 30.5%€4k▼ 72.9%€-3k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €4k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80k
Fixed assets
€13k▼ 43.3%
Current assets
€67k▼ 17.8%
Equity and liabilities €80k
Equity
€46k▼ 5.7%
Debt
€33k▼ 39.1%
The debt ratio falls from 52.7% to 41.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5k▼
2024 · €14k
Cash flow
€5k▼
2024 · €13k
Solvency
58.2%▲
2024 · 47.3%
Current ratio
2.01▲
2024 · 1.49
Quick ratio
1.24▲
2024 · 1.02
Debt / equity
0.72▼
2024 · 1.11
ROE
-6.0%▼
2024 · 7.5%
ROA
-3.5%▼
2024 · 3.6%
Debt
€33k▼
2024 · €55k
Debt ≤ 1 year
€33k▼
2024 · €55k
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€104k€80k▼
Fixed assets21/28€22k€13k▼
Tangible fixed assets22/27€22k€13k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€19k€11k▼
Current assets29/58€82k€67k▼
Stocks and contracts in progress3€26k€26k=
Stocks30/36€26k€26k=
Amounts receivable within one year40/41€20k€34k▲
Trade receivables40€20k€32k▲
Other amounts receivable41-€2k
Cash at bank and in hand54/58€36k€7k▼
Equity and liabilities
Total equity and liabilities10/49€104k€80k▼
Equity10/15€49k€46k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€31k€28k▼
Deferred taxes168€0-
Amounts payable17/49€55k€33k▼
Amounts payable within one year42/48€55k€33k▼
Current portion of amounts payable after more than one year42-€6k
Trade debts44€55k€25k▼
Suppliers440/4€55k€25k▼
Taxes, remuneration and social security45€113€2k▲
Taxes450/3€113€2k▲
Income statement
Code20242025
Turnover70€680k€1.02M▲
Goods, raw materials, services and sundry goods60/61€665k€1.01M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€8k▼
Other operating charges640/8€720€2k▲
Gross operating margin9900€14k€7k▼
Operating profit (loss)9901€4k€-3k▼
Financial income75/76B-€19
Recurring financial income75-€19
Financial charges65/66B€150-
Recurring financial charges65€150-
Profit (loss) for the period before taxes9903€4k€-3k▼
Profit (loss) for the period9904€4k€-3k▼
Profit (loss) for the period to be appropriated9905€4k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€28k▼
Profit (loss) brought forward from the previous period14P€27k€31k▲
The notes to these accounts (5 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Highest result since 2019net €14k ▲30.5%
Operating result €14k, net result €14k, both a record.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 3.23
Current ratio from 0.98 to 3.23; short-term debt falls from €25k to €9k.
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Bornem · 1 establishment unit since 2018
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.
Lodderstraat(EIK) 22880 BornemGround area
1,172 m²
Building footprint
249 m²
Volume, LiDAR
1,563 m³
Parcel 12015D0433/00S000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HKR
since 20182.278.910.773
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12015D0433/00S000 | Flanders | 1,172 m² | 1 · 249 m² | 8.9 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteBornem2.278.910.773
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CONTACT MAGAZINE
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Of 1,508 companies in sector 47252 we hold annual accounts for 651. 449 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-06-2018
Fiscal year end31-12
Activities, NACEBEL
47252Retail sale of beverages, general range
47260Retail trade
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.