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HL Solutions

Active Private limited companyfounded 2004active for 22 yearsKloosterstraat 46, 1020 BrusselsKBO/BCE: BE 0863.636.035

Lifetime

20 annual accounts with figures on one time axis
peak €62,828 (2007)
€6,806▲ 176%
lowest -€51,629 (2010)
€4,522▲ 459%
peak €23,661 (2007)
-€157,144▲ €4,522
€371,102▼ 2.6%
peak 1.2 FTE (2007)
-not published
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
10-08-202610 days late
2025abbreviated format
Gross margin from €2,463 to €6,806Result from €808 to €4,522Cash from €538 to €2,160

Key points

from the 2025 annual accounts

Equity

-€157,144
202020212022202320242025

Debts exceed assets in financial year 2025.

Profit

5 years
20182019202020212022202320242025

5 profitable years in a row. Profit 2025: €4,522.

Turnover

≈ €84,000 estimated

The abbreviated format states no turnover.

Debts

€371,102 173% of the balance sheet
Financial debts 91%Suppliers 6%Taxes and wages 1%Other 2%

Of this, €32,925 falls due within a year.

Filings

20 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

Five of the last ten came late. The 2019 accounts came latest: 31 days after the end of the period.

Position in the sector

-73.4%

Lower solvency than 95% of companies in retail trade. Sector median 36.9% · 13,248 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,454 companies had the same profile as HL Solutions has now. Each dot stands for 4 companies, two years later.

92.0%
were still trading
5.0%
stopped another way
2.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a profit under 5% of the balance sheet

Another 0.6% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,454 companies, not a prediction for HL Solutions. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0863636035
Changes of role: (director) and (director) Registered office clause: Rue du Cloître 46/1, 1020 Bruxelles · General meeting of 13-12-2023 · Gazette deed
First establishment de Limburg Stirumlaan 100, Wemmel
Incorporation published on 03-03-2004 · Gazette deed
All 29 events

Comparable companies

same main activity, similar in size and age
Company
HL Solutions Brussels €213,958 €6,806 -73.4% -
Dalu Motors Lokeren €209,351 €6,651 4.0% -
MOBIL TRONICS Diksmuide €167,177 €7,681 -21.0% -
VUYLSTEKE A & A Bruges €167,374 €6,875 62.0% -
R.P.M.F. Uccle €265,458 €10,226 -9.6% -
DE RAS IMPORT Lede €186,516 €9,611 36.2% -
HEIRMAN MOTOREN & ONDERDELEN Zele €170,198 €9,832 15.4% -

These companies have the same main activity as HL Solutions: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €167,000 and €265,000, founded between 2001 and 2009.

Official details

Source: KBO
Status
Active since 24-02-2004Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811and 6 others
Establishment unit
2.136.432.4231780 Wemmel, since 25-02-2004
Financial year end
31 December
Peppol
Reachable since 08-01-2026
Company details

Annual accounts 2025

€213,958▼ 2.4%
Filing
Filed on 10-08-2026
Financials

Insights on HL Solutions

HL Solutions files the abbreviated format. That format states no turnover. The gross margin fell from €55,049 in 2006 to €6,806 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about HL Solutions

What is the company number of HL Solutions?
The company number of HL Solutions is 0863.636.035. The VAT number is the same number with BE in front: BE 0863.636.035.
Where is HL Solutions based?
The registered office is at Kloosterstraat 46, 1020 Brussels.Company details
What does HL Solutions do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of HL Solutions?
HL Solutions is a private limited company (BV).
When was HL Solutions founded?
HL Solutions was founded on 24-02-2004.
Is HL Solutions still active?
Yes, HL Solutions is an active enterprise in the KBO register.
What is the turnover of HL Solutions?
The turnover in financial year 2025 is ≈ €84,000. This figure is estimated from the gross margin of €6,806 and 103 comparable companies (NACE 47811). It probably lies between €46,000 and €250,000. It is a rough estimate.Financials
Is HL Solutions profitable?
In financial year 2025, HL Solutions made a profit of €4,522.
Where can I find the annual accounts of HL Solutions?
HL Solutions filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HL Solutions due?
HL Solutions must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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