Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of HLG is 13.9% (high). The 2022 annual accounts show equity of €2k and a net result of €17k. The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
1 eventsSignals
Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.
Trust signals
2 signalsAdministrative Flags
1 eventFinancials
Annual accounts & ratios
Source: NBB · 2022| Fiscal year | 2022 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €17k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €60k |
| Equity | €2k |
| Debt | €58k |
| of which ≤ 1y | €58k |
| of which > 1y | - |
| Working capital | €2k |
| Employees (FTE) | - |
| 2022 | |
|---|---|
| Current ratio | 1.03 |
| Quick ratio | 1.03 |
| Working capital ratio | 3.4% |
| Solvency | 3.4% |
| Debt / equity | 28.64 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 28.2% |
| ROE | 837.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €60k |
| Current assets | 29/58 | €60k |
| Amounts receivable within one year | 40/41 | €48k |
| Cash & bank | 54/58 | €13k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €60k |
| Equity | 10/15 | €2k |
| Contributions / capital | 10/11 | €1k |
| Accumulated profits (losses) | 14 | €1k |
| Amounts payable | 17/49 | €58k |
| Amounts payable within one year | 42/48 | €58k |
| Trade debts payable within one year | 44 | €42k |
| Income statement | ||
| Gross operating margin | 9900 | €17k |
| Operating result | 9901 | €17k |
| Financial income | 75 | €180 |
| Financial charges | 65 | €14 |
| Result before taxes | 9903 | €17k |
| Net result for the period | 9904 | €17k |
| Result to be appropriated | 9905 | €17k |
Health barometer
FY 2022 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Structure & network
Locations & real estate
Establishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0387/00R004 | Flanders | 147 m² | 1 · 144 m² | 14.9 m · 4 fl. |
| 21523B0937/00W018 | Brussels | 122 m² | 1 · 69 m² | 15.2 m · 4 fl. |
Publications
Lifecycle & Insolvency Signals
1 event from the State GazetteTime machine: BS events + macro context
2021-2026Belgisch Staatsblad · acts
2 acts07-08-2024 All shares are now held by a single shareholder
22-09-2023 Registered office moved from Zaventem to brussel
- Imperiastraat 8 - 1930 Zaventem → 25, Handelskaai - 1000 brussel
Analysis
Snowflake analysis
financial profile on 5 axesMixed profile: strong on profitability, weaker on solvency.
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Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameNL | HLG |
- 21-11-2024 Address struck