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HM I Classicism

Active
Private limited companyfounded 20241 yr activede Broquevillelaan 40, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 1016.568.116
Summary

The computed 12-month bankruptcy probability of HM I Classicism is 3.4% (moderate). The 2025 annual accounts show equity of €148,640 and a net result of -€81,360. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability22
Solvency35
Growth-
Track record67
Bankruptcy probability, 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.03; short-term debt: 90% and cash: 1.3% of total assets), and 90.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

HM I Classicism was incorporated on 25 November 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€148,640
Total assets
€1.5m
Net result
-€81,360
Working capital
-€1.3m

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €1.5m
Fixed assets €1.5m
Current assets €37,129
Equity and liabilities €1.5m
Equity €148,640
Debt €1.3m
Debt finances 90.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€58,005
Cash flow
€11,834
Current ratio
0.03
Debt to equity
9.07
ROE
-54.7%
ROA
-5.4%
Interest coverage
1.26
Debt ≤ 1 year
€1.3m

Peer companies

Historical observation

Of the 120 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 96% are still going.

  • Small
  • under 2 years old
  • solvency under 10%
  • a small loss
2.5% went bankrupt
1.7% stopped otherwise
96% still going

For this company itself Checked computes a higher bankruptcy probability: 3.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 120 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€1.5m
Fixed assets21/28€1.5m
Tangible fixed assets22/27€1.5m
Land and buildings22€1.5m
Current assets29/58€37,129
Amounts receivable within one year40/41€13,898
Trade receivables40€13,898
Cash at bank and in hand54/58€19,862
Deferred charges and accrued income490/1€3,369
Equity and liabilities
Total equity and liabilities10/49€1.5m
Equity10/15€148,640
Contributions10/11€230,000
Profit (loss) carried forward14-€81,360
Amounts payable17/49€1.3m
Amounts payable within one year42/48€1.3m
Financial debts43€1.3m
Credit institutions430/8€1.3m
Trade debts44€16,422
Suppliers440/4€16,422
Other amounts payable47/48€31,574
Accrued charges and deferred income492/3€400
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€93,195
Other operating charges640/8€8,119
Gross operating margin9900€66,124
Operating profit (loss)9901-€35,190
Financial charges65/66B€46,171
Recurring financial charges65€46,171
Profit (loss) for the period before taxes9903-€81,360
Profit (loss) for the period9904-€81,360
Profit (loss) for the period to be appropriated9905-€81,360
Appropriation of the result
Profit (loss) to be appropriated9906-€81,360

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€93,195
Other operating charges640/8€8,119
Gross operating margin9900€66,124
Operating profit (loss)9901-€35,190
Financial charges65/66B€46,171
Recurring financial charges65€46,171
Profit (loss) for the period before taxes9903-€81,360
Profit (loss) for the period9904-€81,360
Profit (loss) for the period to be appropriated9905-€81,360
Line2025
Assets
Total assets20/58€1.5m
Fixed assets21/28€1.5m
Tangible fixed assets22/27€1.5m
Land and buildings22€1.5m
Current assets29/58€37,129
Amounts receivable within one year40/41€13,898
Trade receivables40€13,898
Cash at bank and in hand54/58€19,862
Deferred charges and accrued income490/1€3,369
Equity and liabilities
Total equity and liabilities10/49€1.5m
Equity10/15€148,640
Contributions10/11€230,000
Profit (loss) carried forward14-€81,360
Amounts payable17/49€1.3m
Amounts payable within one year42/48€1.3m
Financial debts43€1.3m
Credit institutions430/8€1.3m
Trade debts44€16,422
Suppliers440/4€16,422
Other amounts payable47/48€31,574
Accrued charges and deferred income492/3€400
Line2025
Profit (loss) for the period9904-€81,360
+ Depreciation and write-downs630€93,195
Operating cash flow (approximation)€11,834

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
469 m²
Building footprint
141 m²
Volume, LiDAR
2,028 m³
Parcel 21673D0135/00Z003, Brussels · tallest building 25.0 m, ±5 floors. Linked by address, not a title deed.
39 companies at this address See who is registered here
1 establishment unit
de Broquevillelaan 40, 1200 Sint-Lambrechts-Woluwe
Real estate activities
since 20242.367.321.721
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21673D0135/00Z003 Brussels 469 m² 1 · 141 m² 25.0 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded25-11-2024
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:1016568116

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.