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HM Media

Active
Private limited companyfounded 20233 yrs activeBuissetstraat (Xavier) 38, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0804.903.030
Summary

The computed 12-month bankruptcy probability of HM Media is 1.6% (moderate). The 2024 annual accounts show equity of €55,605 and a net result of €45,223. Its solvency ranks better than 77% of 8966 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+28
Growth78
Track record94
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 4.86 against 1.78 in 2023; short-term debt: 19.8% and cash: 75.7% of total assets), and 19.8% of the assets are financed with debt.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
21 d early
2023
21 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

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 Media was incorporated on 18 August 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€55,605▲ 436%
2023 · €10,381
Total assets
€69,338▲ 211%
2023 · €22,298
Net result
€45,223▲ 340%
2023 · €10,281
Working capital
€52,991▲ 469%
2023 · €9,308
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€13,618-€57,712▲ 324%
Net result€10,281within the sector's middle half-€45,223above the sector's middle half▲ 340%
Equity€10,381below the sector's middle half-€55,605within the sector's middle half▲ 436%
Total assets€22,298below the sector's middle half-€69,338within the sector's middle half▲ 211%
Debt€11,916-€13,734▲ 15.3%
Working capital€9,308-€52,991▲ 469%
Solvency46.6%within the sector's middle half-80.2%above the sector's middle half▲ 33.6pp
above within below the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2023: €13,618€13,618Net result 2023: €10,281€10,281Operating result 2024: €57,712€57,712Net result 2024: €45,223€45,22320232024€0€20,000€40,000€60,000Operating result 2023: €13,618€13,600Net result 2023: €10,281€10,300Operating result 2024: €57,712€57,700Net result 2024: €45,223€45,20020232024
The operating result rises in 2024; 2024 is 324% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €69,338
Fixed assets €2,613 ▲ 144%
Current assets €66,725 ▲ 214%
Equity and liabilities €69,338
Equity €55,605 ▲ 436%
Debt €13,734 ▲ 15.3%
Debt's share of the balance-sheet total falls from 53.4% to 19.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€58,537▲
2023 · €13,727
Cash flow
€46,048▲
2023 · €10,390
Current ratio
4.86▲
2023 · 1.78
Debt to equity
0.25▼
2023 · 1.15
ROE
81.3%▼
2023 · 99.0%
ROA
65.2%▲
2023 · 46.1%
Interest coverage
84.19▼
2023 · 1407.90
Debt ≤ 1 year
€13,734▲
2023 · €11,916
Income taxes
€11,836▲
2023 · €3,334
Staff costs
€2,010▲
2023 · €320
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 39,275 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 · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€22,298€69,338▲
Fixed assets21/28€1,073€2,613▲
Tangible fixed assets22/27€1,073€2,613▲
Plant, machinery and equipment23€1,073€2,613▲
Current assets29/58€21,225€66,725▲
Amounts receivable within one year40/41€10,371€14,138▲
Trade receivables40€10,371€13,412▲
Other amounts receivable41-€726
Cash at bank and in hand54/58€10,854€52,461▲
Deferred charges and accrued income490/1-€126
Equity and liabilities
Total equity and liabilities10/49€22,298€69,338▲
Equity10/15€10,381€55,605▲
Contributions10/11€100€100=
Reserves13€10,281€55,505▲
Distributable reserves133€10,281€55,505▲
Amounts payable17/49€11,916€13,734▲
Amounts payable within one year42/48€11,916€13,734▲
Trade debts44-€9,963
Suppliers440/4-€9,963
Taxes, remuneration and social security45€7,172€3,771▼
Taxes450/3€7,172€3,771▼
Other amounts payable47/48€4,744-
Income statement Code20232024
Remuneration, social security and pensions62€320€2,010▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€109€825▲
Other operating charges640/8-€241
Gross operating margin9900€14,047€60,788▲
Operating profit (loss)9901€13,618€57,712▲
Financial income75/76B€8€42▲
Recurring financial income75€8€42▲
Financial charges65/66B€10€695▲
Recurring financial charges65€10€695▲
Profit (loss) for the period before taxes9903€13,616€57,059▲
Income taxes67/77€3,334€11,836▲
Profit (loss) for the period9904€10,281€45,223▲
Profit (loss) for the period to be appropriated9905€10,281€45,223▲
Appropriation of the result
Profit (loss) to be appropriated9906€10,281€45,223▲
Transfer to equity691/2€10,281€45,223▲
To other reserves6921€10,281€45,223▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Remuneration, social security and pensions62€320€2,010▲ 528%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€109€825▲ 656%
Other operating charges640/8-€241-
Gross operating margin9900€14,047€60,788▲ 333%
Operating profit (loss)9901€13,618€57,712▲ 324%
Financial income75/76B€8€42▲ 452%
Recurring financial income75€8€42▲ 452%
Financial charges65/66B€10€695▲ 7,031%
Recurring financial charges65€10€695▲ 7,031%
Profit (loss) for the period before taxes9903€13,616€57,059▲ 319%
Income taxes67/77€3,334€11,836▲ 255%
Profit (loss) for the period9904€10,281€45,223▲ 340%
Profit (loss) for the period to be appropriated9905€10,281€45,223▲ 340%
Line20232024Change
Assets
Total assets20/58€22,298€69,338▲ 211%
Fixed assets21/28€1,073€2,613▲ 144%
Tangible fixed assets22/27€1,073€2,613▲ 144%
Plant, machinery and equipment23€1,073€2,613▲ 144%
Current assets29/58€21,225€66,725▲ 214%
Amounts receivable within one year40/41€10,371€14,138▲ 36.3%
Trade receivables40€10,371€13,412▲ 29.3%
Other amounts receivable41-€726-
Cash at bank and in hand54/58€10,854€52,461▲ 383%
Deferred charges and accrued income490/1-€126-
Equity and liabilities
Total equity and liabilities10/49€22,298€69,338▲ 211%
Equity10/15€10,381€55,605▲ 436%
Contributions10/11€100€100=
Reserves13€10,281€55,505▲ 440%
Distributable reserves133€10,281€55,505▲ 440%
Amounts payable17/49€11,916€13,734▲ 15.3%
Amounts payable within one year42/48€11,916€13,734▲ 15.3%
Trade debts44-€9,963-
Suppliers440/4-€9,963-
Taxes, remuneration and social security45€7,172€3,771▼ 47.4%
Taxes450/3€7,172€3,771▼ 47.4%
Other amounts payable47/48€4,744--
Line20232024Change
Profit (loss) for the period9904€10,281€45,223▲ 340%
+ Depreciation and write-downs630€109€825▲ 656%
Operating cash flow (approximation)€10,390€46,048▲ 343%
Investment in fixed assets (approximation)--€2,365-
Change in cash-€41,607-

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

2025
10-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity triplescurrent ratio 4.86
Current ratio from 1.78 to 4.86.
10-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Vilvoorde · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
110 m²
Building footprint
70 m²
Volume, LiDAR
618 m³
Parcel 23642D0896/00K029, Flanders · tallest building 13.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HM Media
Buissetstraat (Xavier) 38, 1800 VilvoordeActivities of head offices; management consultancy activities
since 20232.348.654.664
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23642D0896/00K029 Flanders 110 m² 1 · 70 m² 13.8 m · 3 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.

Similar companies · same sector, comparable size

Of 13,417 companies in sector 73300 we hold annual accounts for 6,899. 5,515 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-08-2023
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
73110Advertising agencies
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804903030
Also 9925:BE0804903030
Registered 24-11-2023

Register as of 27 September 2026 · Peppol Directory

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