HLS
ActiveSummary
HLS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €59. Equity is growing by ~25.2% per year across the filed fiscal years. Its solvency ranks better than 61% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+69
Solvency72▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.11 against 0.1 in 2024; short-term debt: 15.9% and cash: 0% of total assets), and 52.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.2%
Return on assets
0%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-08-2026, 15 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
15 d late
2024
50 d late
2023
61 d late
2022
130 d late
2021
75 d early
2020
72 d early
2019
63 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€84k▲ 0.1%
2024 · €84k
2018: €10k
2019: €13k
2020: €26k
2021: €38k
2022: €61k
2023: €113k
2024: €84k
2018 → 2025
Total assets
€178k▼ 8.7%
2024 · €195k
2018: €170k
2019: €189k
2020: €163k
2021: €250k
2022: €223k
2023: €229k
2024: €195k
2018 → 2025
Net result
€59
2024 · €-29k
2018: €177
2019: €3k
2020: €14k
2021: €12k
2022: €23k
2023: €52k
2024: €-29k
2018 → 2025
Working capital
€-25k▲ 3.1%
2024 · €-26k
2018: €-77k
2019: €-79k
2020: €-47k
2021: €-85k
2022: €-47k
2023: €-7k
2024: €-26k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€61k▲ 60.7%€113k▲ 85.0%€84k▼ 25.4%€84k▲ 0.1%
Operating result€24k-€36k▲ 52.4%€77k▲ 113%€-26k€3k
Net result€12k-€23k▲ 100%€52k▲ 125%€-29k€59
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €26k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €178k
Fixed assets
€175k ▼ 9.1%
Current assets
€3k ▲ 14.8%
Equity and liabilities €178k
Equity
€84k ▲ 0.1%
Debt
€94k ▼ 15.4%
Debt's share of the balance-sheet total falls from 56.9% to 52.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20k▲
2024 · €-10k
Cash flow
€18k▲
2024 · €-13k
Current ratio
0.11▲
2024 · 0.10
Debt to equity
1.12▼
2024 · 1.32
ROE
0.1%▲
2024 · -34.1%
ROA
0.0%▲
2024 · -14.7%
Interest coverage
7.41▲
2024 · -3.91
Debt ≤ 1 year
€28k▼
2024 · €29k
Debt > 1 year
€66k▼
2024 · €83k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€195k€178k▼
Fixed assets21/28€193k€175k▼
Tangible fixed assets22/27€193k€175k▼
Land and buildings22€134k€132k▼
Plant, machinery and equipment23€21k€14k▼
Furniture and vehicles24€38k€29k▼
Leasing and similar rights25€0-
Current assets29/58€3k€3k▲
Amounts receivable within one year40/41€24€2k▲
Trade receivables40€24€2k▲
Cash at bank and in hand54/58€2k€0▼
Deferred charges and accrued income490/1€817€807▼
Equity and liabilities
Total equity and liabilities10/49€195k€178k▼
Equity10/15€84k€84k▲
Contributions10/11€19k€19k=
Reserves13€19k€19k=
Distributable reserves133€19k€19k=
Profit (loss) carried forward14€46k€46k▲
Amounts payable17/49€111k€94k▼
Amounts payable after more than one year17€83k€66k▼
Financial debts170/4€83k€66k▼
Amounts payable within one year42/48€29k€28k▼
Current portion of amounts payable after more than one year42€7k€7k▲
Financial debts43€9k€14k▲
Credit institutions430/8€9k€14k▲
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€3k€888▼
Taxes450/3€3k€888▼
Other amounts payable47/48€5k€4k▼
Income statement
Code20242025
Non-recurring operating income76A€5k€8k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€17k▲
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€3k-
Gross operating margin9900€-5k€22k▲
Operating profit (loss)9901€-26k€3k▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-29k€59▲
Income taxes67/77€68-
Profit (loss) for the period9904€-29k€59▲
Profit (loss) for the period to be appropriated9905€-29k€59▲
Appropriation of the result
Profit (loss) to be appropriated9906€46k€46k▲
Profit (loss) brought forward from the previous period14P€75k€46k▼
The notes to these accounts (7 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
15-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 15 days late
2025
31-12
Financial
Back to profitnet €59
Net result €59 after one loss-making year.
19-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 50 days late
2024
31-12
Financial
Weakest financial yearnet €-29k ▼155%
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Highest result since 2018net €52k ▲125%
Operating result €77k, net result €52k, both a record.
31-12
Financial
Equity above €100kEq €113k ▲85%
6 profitable years in a row build equity to €113k.
08-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 130 days late
2022
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Balen · 1 establishment unit since 2006
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.
Meerhoutsebaan 992491 BalenGround area
1,366 m²
Building footprint
126 m²
Volume, LiDAR
724 m³
Parcel 13030A0667/00N002, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Slagerij Hans & Lincy
since 20062.154.775.717
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13030A0667/00N002 | Flanders | 1,366 m² | 1 · 126 m² | 8.6 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBalen2.154.775.717
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HERMES EXPRESS
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Of 3,827 companies in sector 47210 we hold annual accounts for 966. 789 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-05-2006
Fiscal year end31-12
Activities, NACEBEL 2025
47210Retail sale of fruit and vegetables
10111Manufacture of food products
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.