HLK
ActiveHLK has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-153k) and a net result of €-48k. Equity is shrinking by ~49.4% per year across the filed fiscal years. Its solvency ranks better than 9% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
32
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34▲+8
Solvency5=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.76 against 0.62 in 2024; short-term debt: 93.6% and cash: 3.2% of total assets), and equity is negative.
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
-20.1%
Return on assets
-6.3%
Age of the figures
12 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-153k
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-05-2026, 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
2 d late
2023
24 d late
2022
9 d early
2021
1 d early
2020
107 d early
2019
62 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€0
Total assets
€760k▲ 43.9%
2024 · €529k
2018: €700k
2019: €526k
2020: €536k
2021: €474k
2022: €771k
2023: €745k
2024: €529k
2018 → 2025
Net result
€-48k▲ 12.3%
2024 · €-55k
2018: €42k
2019: €-27k
2020: €38k
2021: €-109k
2022: €43k
2023: €-75k
2024: €-55k
2018 → 2025
Working capital
€-170k▼ 14.3%
2024 · €-149k
2018: €-58k
2019: €-111k
2020: €-119k
2021: €-156k
2022: €-34k
2023: €-122k
2024: €-149k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-18k-€25k€-50k€-105k▼ 111%€-153k▼ 46.1%
Operating result€-98k-€49k€-51k€-37k▲ 27.6%€-34k▲ 7.9%
Net result€-109k-€43k€-75k€-55k▲ 26.6%€-48k▲ 12.3%
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 stays negative: a loss of €34k in 2025 against €37k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €760k
Fixed assets
€219k▼ 24.5%
Current assets
€541k▲ 127%
Key figures and ratios
EBITDA
€43k▼
2024 · €48k
Cash flow
€29k▼
2024 · €29k
Solvency
-20.1%▼
2024 · -19.8%
Current ratio
0.76▲
2024 · 0.62
Quick ratio
0.51▲
2024 · 0.11
Debt / equity
-5.98▲
2024 · -6.06
ROA
-6.3%▲
2024 · -10.4%
Interest coverage
2.83▲
2024 · 2.42
Debt
€913k▲
2024 · €633k
Debt ≤ 1 year
€712k▲
2024 · €388k
Debt > 1 year
€201k▼
2024 · €246k
Staff costs
€176k▲
2024 · €175k
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€529k€760k▲
Fixed assets21/28€290k€219k▼
Tangible fixed assets22/27€290k€219k▼
Plant, machinery and equipment23€290k€219k▼
Current assets29/58€238k€541k▲
Stocks and contracts in progress3€194k€180k▼
Stocks30/36€194k€180k▼
Amounts receivable within one year40/41€29k€334k▲
Trade receivables40€9k€26k▲
Other amounts receivable41€19k€308k▲
Cash at bank and in hand54/58€15k€24k▲
Deferred charges and accrued income490/1€835€3k▲
Equity and liabilities
Total equity and liabilities10/49€529k€760k▲
Equity10/15€-105k€-153k▼
Contributions10/11€25k€25k=
Profit (loss) carried forward14€-130k€-178k▼
Amounts payable17/49€633k€913k▲
Amounts payable after more than one year17€246k€201k▼
Financial debts170/4€246k€201k▼
Amounts payable within one year42/48€388k€712k▲
Current portion of amounts payable after more than one year42€44k€44k▲
Financial debts43€7k€0▼
Credit institutions430/8€7k€0▼
Trade debts44€304k€631k▲
Suppliers440/4€304k€631k▲
Advances received on contracts in progress46-€545
Taxes, remuneration and social security45€32k€36k▲
Remuneration and social security454/9€32k€36k▲
Other amounts payable47/48€199€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€175k€176k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84k€77k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€225k€221k▼
Operating profit (loss)9901€-37k€-34k▲
Financial income75/76B€1k€836▼
Recurring financial income75€1k€836▼
Financial charges65/66B€20k€15k▼
Recurring financial charges65€20k€15k▼
Profit (loss) for the period before taxes9903€-55k€-48k▲
Profit (loss) for the period9904€-55k€-48k▲
Profit (loss) for the period to be appropriated9905€-55k€-48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-130k€-178k▼
Profit (loss) brought forward from the previous period14P€-75k€-130k▼
Social balance
Average headcount (FTE)90874.94.9=
The notes to these accounts (13 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
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
02-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 2 days late
2024
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 24 days late
2023
21-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €-109k ▼388%
Net result drops to €-109k, the lowest in the series; recovery starts the following year.
13-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Roeselare · 1 establishment unit since 2015
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.
Lekkensstraat 28800 RoeselareGround area
1,105 m²
Building footprint
851 m²
Volume, LiDAR
4,223 m³
Parcel 36017A0283/00F000, Flanders · tallest building 12.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HLK
since 20152.245.314.527
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36017A0283/00F000 | Flanders | 1,105 m² | 1 · 851 m² | 12.6 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
2022 · 1 entry · 500 EUR awarded · 500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Stagebonus (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteRoeselare2.245.314.527
Dual-learning approval
2 live approvals · 4 endedWinkelmedewerker (vwo)
Winkelmedewerker duaal (so)
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Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 4,321 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-08-2015
Fiscal year end30-09
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.