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HLM GROUPE

Active
Private limited company·Goederenvervoer over de weg· 5 yrs active
Rooseveltlaan (Franklin) 100 ·1800 Vilvoorde, Belgium
Open bankruptcy
KBO/BCE: BE 0764.893.597
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Age5 yrs
Board2

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for HLM GROUPE according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-7k) and a net result of €-11k.

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

1 events
15-06-2026
Bankruptcy Opening
Date: 09-06-2026 · Ondernemingsrechtbank Brussel · HLM GROUPE BV ROOSEVELT- LAAN (FRANKLIN) 100/1, 1800 VILVOORDE · Publications in State Gazette ↗

Signals

1 signal · with evidence
Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 17 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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.
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 30-08-2025 30 d late 2025-00451726
31-12-2023 31-07-2024 25-10-2024 86 d late 2024-00520556
31-12-2022 31-07-2023 07-11-2023 99 d late 2023-00509535

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-11k
Working capital€-16k-142.3%
Directors1

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 30-08-2025 with the NBB · fiscal year 2024 · micro
€-20k€-10k€0€10kOperating result 2022: €-4k€-4kNet result 2022: €-5k€-5kOperating result 2023: €6k€6kNet result 2023: €6k€6kOperating result 2024: €-16k€-16kNet result 2024: €-11k€-11k202220232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 49, Land transport · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -9.5% 27.3%
better than 15% of 2273 sector peers
Net result €-11k €5k
better than 12% of 2257 sector peers
Equity €-7k €17k
better than 11% of 2279 sector peers
Gross operating margin €47k €28k
better than 62% of 2245 sector peers
Staff costs €62k €37k
higher than 62% of 1028 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P15
2022: P16 · n=13882023: P27 · n=18422024: P15 · n=22732022 2024
Stable position over 2022-2024 · n=1388-2273
Net result P12
2022: P20 · n=13752023: P55 · n=18202024: P12 · n=22572022 2024
Stable position over 2022-2024 · n=1375-2257
Equity P11
2022: P15 · n=13972023: P29 · n=18532024: P11 · n=22792022 2024
Stable position over 2022-2024 · n=1397-2279
Gross operating margin P62
2022: P41 · n=13682023: P30 · n=18082024: P62 · n=22452022 2024
Improving position over 2022-2024 · n=1368-2245
Describes the position versus peers, not a forecast.
EBITDA
€-15k
- 22-24
Net profit
€-11k
- 22-24
Cash flow
€-10k
- 22-24
Total assets
€75k
+48.7% 22-24
Equity
€-7k
- 22-24
Working capital
€-16k
-142.3% 22-24
Staff costs
€62k
+318.8% 22-24
Debt
€82k
+77.7% 22-24
Show 8 other metrics
Debt ≤ 1y
€82k
+77.7% 22-24
Current ratio
0.80
-6.1% 22-24
Quick ratio
0.80
-6.1% 22-24
Solvency
-9.5%
- 22-24
Debt / equity
-11.51
- 22-24
ROE
159.2%
+11.3% 22-24
ROA
-15.1%
- 22-24
Interest coverage
-116.98
- 22-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue-
EBITDA€-15k
Net profit€-11k
Cash flow€-10k
Staff costs€62k
Income taxes-
Dividends-
Total assets€75k
Equity€-7k
Debt€82k
of which ≤ 1y€82k
of which > 1y-
Working capital€-16k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.80
Quick ratio0.80
Working capital ratio-21.5%
Solvency-9.5%
Debt / equity-11.51
Long-term debt ratio-
Interest coverage-116.98
Gross margin-
Net margin-
ROA-15.1%
ROE159.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding179d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€75k
Fixed assets 21/28€9k
Financial fixed assets 28€9k
Current assets 29/58€66k
Amounts receivable within one year 40/41€36k
Cash & bank 54/58€30k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€75k
Equity 10/15€-7k
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€-9k
Amounts payable 17/49€82k
Amounts payable within one year 42/48€82k
Trade debts payable within one year 44€56k
Income statement
Gross operating margin 9900€47k
Operating result 9901€-16k
Financial income 75€5k
Financial charges 65€131
Result before taxes 9903€-11k
Net result for the period 9904€-11k
Result to be appropriated 9905€-11k
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
0 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

5 directors
4 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Current directors & mandates
  • KOMBICAK ISMAIL
    Director
    State Gazette act 25122722 (29-09-2025)
    Current
    30-06-2025 → present
  • Ismajli Adelina
    Director
    State Gazette act 24014944 (24-01-2024)
    Current
    24-01-2024 → present
Former directors (3)
  • Kombiçak Adelina
    Director
    State Gazette act 25122722 (29-09-2025)
    Former
    - → 30-06-2025
  • Akcan Ali
    Director
    State Gazette act 24014944 (24-01-2024)
    Former
    - → 24-01-2024
  • Yüksel Halim
    Director
    State Gazette act 24014944 (24-01-2024)
    Former
    - → 24-01-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator MARC DEWAEL
LOUIZALAAN 65 BUS 11, 1050 BRUSSEL 5
09-06-2026 → present Belgian State Gazette

Legal Structure

NACE primary Goederenvervoer over de weg(49410)
Legal form Private limited company(610)
Incorporation10-03-2021
StatusActive
Postal code1800
First BS signal 15-06-2026
Latest BS signal 15-06-2026

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap

Establishment units

1 location
Establishment
Overige posterijen en koeriers
since 20232.345.681.813
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area944 m²
Buildings2
Building footprint565 m²
Volume (LiDAR)4,205 m³
Tallest building13.7 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels 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.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23772C0035/00K002 Flanders 564 m² 1 · 197 m² 10.0 m · 3 fl.
23643G0497/00Y000 Flanders 380 m² 1 · 368 m² 13.7 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
15-06-2026
Bankruptcy Opening
Date: 09-06-2026 · Ondernemingsrechtbank Brussel · HLM GROUPE BV ROOSEVELT- LAAN (FRANKLIN) 100/1, 1800 VILVOORDE · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262026-06-15 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

3 acts
Capital history · 1
24-01-2024
Capital change
Address history · 1
01-03-2022
Registered-office move
All acts · 3 updated 10 months ago
2025
29-09-2025 1 director appointed, 1 resigning Director changes
  • KOMBICAK ISMAIL, Bestuurder
  • Kombiçak Adelina, Bestuurder
2024
24-01-2024 All shares are now held by a single shareholder Capital & shares
2022
01-03-2022 Registered office moved from DROGENBOS to Zaventem Registered-office change
  • GOLDEN HOPESTRAAТ 13, 1620 DROGENBOS → Hector Henneaulaan 144, 1930 Zaventem

Analysis

Financial profile

5 of 5 axes measured
Health0Profitability100Solvency40Growth32Stability0
34 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 100
Solvency 40
Growth 32
Stability 0

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Same sector and region
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 2,212 of the 12,432 companies in this sector.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410
Primary activity highlighted.
Names & trade names
Legal nameNL HLM GROUPE
Registered office
Rooseveltlaan (Franklin) 100 bus 1
1800 Vilvoorde, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.