HM Line

Active

Private limited companyfounded 20242 yrs activeKwadestraat 4, 9620 Zottegem, BelgiumKBO/BCE: BE 1011.008.333

The computed 12-month bankruptcy probability of HM Line is 14.3% (high). The 2025 annual accounts show equity of €873 and a net result of €-127. Its solvency ranks better than 18% of 27358 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

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Checked score

Score 2025

35 / 100

Weak

The score combines four axes. Every signal that weighs is under Signals.

Axes

Profitability0

Solvency26

Growth-

Stability59

Bankruptcy probability, 12 months

14.3% High

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity tight (current ratio 1.18), and 84.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Nine signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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

Recent warning signals

The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.

Belgian State Gazette

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

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 2025

Solvency, return and age of the figures

Solvency

15.5%

Return on assets

-2.3%

Age of the figures

17 mo

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Ex-officio strike-off

The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.

KBO publications

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 27358 sector peers (2025).

NBB · sector comparison

Position among 27358 sector peers

Solvency

better than 18%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 16-12-2025, 46 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

46 d late

← before the deadline after the deadline →

Administrative warnings in the KBO publications

1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.

KBO publications

Publications

Address struck

Financials · fiscal year 2025, micro schema

Equity

€873

Total assets

€6k

Net result

€-127

Working capital

€873

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

Balance-sheet composition

Equity and liabilities €6k

15.5%

84.5%

Equity €873

Debt €5k

Debt finances 84.5% of the balance-sheet total.

Key figures and ratios

2025 value

Solvency

15.5%

Current ratio

1.18

Quick ratio

0.93

ROA

-2.3%

Debt

€5k

Debt ≤ 1 year

€5k

Equity ratios withheld: equity of €873 is too small for a meaningful ratio.

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€6k

Current assets29/58€6k

Stocks and contracts in progress3€1k

Stocks30/36€1k

Amounts receivable within one year40/41€4k

Trade receivables40€4k

Other amounts receivable41€768

Cash at bank and in hand54/58€35

Equity and liabilities

Total equity and liabilities10/49€6k

Equity10/15€873

Contributions10/11€1k

Profit (loss) carried forward14€-127

Amounts payable17/49€5k

Amounts payable within one year42/48€5k

Trade debts44€4k

Suppliers440/4€4k

Taxes, remuneration and social security45€204

Taxes450/3€204

Other amounts payable47/48€154

Income statement Code2025

Gross operating margin9900€-117

Operating profit (loss)9901€-117

Financial charges65/66B€11

Recurring financial charges65€11

Profit (loss) for the period before taxes9903€-127

Profit (loss) for the period9904€-127

Profit (loss) for the period to be appropriated9905€-127

Appropriation of the result

Profit (loss) to be appropriated9906€-127

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Signals 1Filings 1

2025

16-12

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 46 days late

24-11

KBO administration Address struck

Gentsesteenweg 89 Die Sitzadresse Gentsesteenweg 89 9230 Wetteren · event 22-09-2025

SignalNBB filing

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, Zottegem · 2 establishment units since 2024

establishment All 2 establishment units on the map

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.

Kwadestraat 49620 Zottegem

Ground area

2,818 m²

Building footprint

1,871 m²

Volume, LiDAR

10,313 m³

2 parcels, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.

2 establishment units

HM Line

Repair and maintenance of electrical equipment

since 20242.366.781.588

Kwadestraat 4, 9620 Zottegem

Repair and maintenance of electrical equipment

since 20252.383.201.116

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41081A0603/00E000	Flanders	2,085 m²	1 · 1,227 m²	7.7 m · 2 fl.
42303F0040/00Z004	Flanders	733 m²	1 · 644 m²	10.4 m · 1 fl.

Linked by address, not proof of ownership

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.

Similar companies · same sector, comparable size

Schrijnwerkerij D. De Trift

Of 19,948 companies in sector 43320 we hold annual accounts for 9,084. 711 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded01-07-2024

Fiscal year end31-03

Activities, NACEBEL

43320Joinery installation

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.