HMCBASE
ActiveSummary
HMCBASE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.76M and a net result of €654k. Equity is growing by ~63.3% per year across the filed fiscal years. Its solvency ranks better than 91% of 2284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 15.43 against 5.65 in 2024; short-term debt: 5.9% and cash: 7.6% of total assets), and 7.4% of the assets are financed with debt.
Credit check 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
92.6%
Return on assets
34.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-04-2026, 15 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
15 d early
2024
37 d early
2023
41 d early
2022
41 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.76M▲ 59.1%
2024 · €1.11M
2022: €117klowest in 4 years
2023: €584k▲ +400% vs 2022
2024: €1.11M▲ +89.4% vs 2023
2025: €1.76M▲ +59.1% vs 2024highest in 4 years
2022 → 2025
Total assets
€1.90M▲ 39.4%
2024 · €1.36M
2022: €710klowest in 4 years
2023: €970k▲ +36.6% vs 2022
2024: €1.36M▲ +40.6% vs 2023
2025: €1.90M▲ +39.4% vs 2024highest in 4 years
2022 → 2025
Net result
€654k▲ 25.2%
2024 · €522k
2022: €112klowest in 4 years
2023: €468k▲ +318% vs 2022
2024: €522k▲ +11.7% vs 2023
2025: €654k▲ +25.2% vs 2024highest in 4 years
2022 → 2025
Working capital
€1.62M▲ 68.2%
2024 · €962k
2022: €5klowest in 4 years
2023: €449k▲ +8406% vs 2022
2024: €962k▲ +114% vs 2023
2025: €1.62M▲ +68.2% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€117k-€584k▲ 400%€1.11M▲ 89.4%€1.76M▲ 59.1%
2022: €117klowest in 4 years
2023: €584k▲ +400% vs 2022
2024: €1.11M▲ +89.4% vs 2023
2025: €1.76M▲ +59.1% vs 2024highest in 4 years
Operating result€146k-€631k▲ 331%€699k▲ 10.8%€880k▲ 25.8%
2022: €146klowest in 4 years
2023: €631k▲ +331% vs 2022
2024: €699k▲ +10.8% vs 2023
2025: €880k▲ +25.8% vs 2024highest in 4 years
Net result€112k-€468k▲ 318%€522k▲ 11.7%€654k▲ 25.2%
2022: €112klowest in 4 years
2023: €468k▲ +318% vs 2022
2024: €522k▲ +11.7% vs 2023
2025: €654k▲ +25.2% vs 2024highest in 4 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 26% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.90M
Fixed assets
€170k ▼ 12.3%
Current assets
€1.73M ▲ 48.0%
Equity and liabilities €1.90M
Equity
€1.76M ▲ 59.1%
Debt
€140k ▼ 45.4%
Debt's share of the balance-sheet total falls from 18.8% to 7.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€904k▲
2024 · €723k
Cash flow
€679k▲
2024 · €546k
Current ratio
15.43▲
2024 · 5.65
Debt to equity
0.08▼
2024 · 0.23
ROE
37.1%▼
2024 · 47.2%
ROA
34.4%▼
2024 · 38.3%
Interest coverage
286.06▲
2024 · 245.48
Debt ≤ 1 year
€112k▼
2024 · €207k
Debt > 1 year
€28k▼
2024 · €49k
Income taxes
€233k▲
2024 · €174k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.36M€1.90M▲
Fixed assets21/28€194k€170k▼
Tangible fixed assets22/27€78k€54k▼
Furniture and vehicles24€3k€2k▼
Leasing and similar rights25€76k€52k▼
Financial fixed assets28€116k€116k=
Current assets29/58€1.17M€1.73M▲
Amounts receivable within one year40/41€853k€1.43M▲
Trade receivables40€0€30k▲
Other amounts receivable41€853k€1.40M▲
Current investments50/53€50k€150k▲
Cash at bank and in hand54/58€260k€145k▼
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.36M€1.90M▲
Equity10/15€1.11M€1.76M▲
Contributions10/11€5k€5k=
Reserves13€1.10M€1.76M▲
Distributable reserves133€1.10M€1.76M▲
Amounts payable17/49€256k€140k▼
Amounts payable after more than one year17€49k€28k▼
Financial debts170/4€49k€28k▼
Amounts payable within one year42/48€207k€112k▼
Current portion of amounts payable after more than one year42€21k€22k▲
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Taxes, remuneration and social security45€180k€86k▼
Taxes450/3€177k€83k▼
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€17€11▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€25k▲
Other operating charges640/8€7k€7k▲
Gross operating margin9900€730k€911k▲
Operating profit (loss)9901€699k€880k▲
Financial income75/76B-€10k
Recurring financial income75-€10k
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€696k€887k▲
Income taxes67/77€174k€233k▲
Profit (loss) for the period9904€522k€654k▲
Profit (loss) for the period to be appropriated9905€522k€654k▲
Appropriation of the result
Profit (loss) to be appropriated9906€522k€654k▲
Transfer to equity691/2€522k€654k▲
To other reserves6921€522k€654k▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €17k | €24k | €25k | ▲ 2.6% |
| Other operating charges640/8 | €410 | €19k | €7k | €7k | ▲ 1.5% |
| Gross operating margin9900 | €147k | €668k | €730k | €911k | ▲ 24.8% |
| Operating profit (loss)9901 | €146k | €631k | €699k | €880k | ▲ 25.8% |
| Financial income75/76B | €0 | - | - | €10k | - |
| Recurring financial income75 | €0 | - | - | €10k | - |
| Financial charges65/66B | €4k | €8k | €3k | €3k | ▲ 7.3% |
| Recurring financial charges65 | €4k | €8k | €3k | €3k | ▲ 7.3% |
| Profit (loss) for the period before taxes9903 | €143k | €623k | €696k | €887k | ▲ 27.3% |
| Income taxes67/77 | €31k | €156k | €174k | €233k | ▲ 33.9% |
| Profit (loss) for the period9904 | €112k | €468k | €522k | €654k | ▲ 25.2% |
| Profit (loss) for the period to be appropriated9905 | €112k | €468k | €522k | €654k | ▲ 25.2% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €710k | €970k | €1.36M | €1.90M | ▲ 39.4% |
| Fixed assets21/28 | €116k | €217k | €194k | €170k | ▼ 12.3% |
| Tangible fixed assets22/27 | - | €101k | €78k | €54k | ▼ 30.5% |
| Furniture and vehicles24 | - | €2k | €3k | €2k | ▼ 22.9% |
| Leasing and similar rights25 | - | €99k | €76k | €52k | ▼ 30.7% |
| Financial fixed assets28 | €116k | €116k | €116k | €116k | = |
| Current assets29/58 | €594k | €753k | €1.17M | €1.73M | ▲ 48.0% |
| Amounts receivable within one year40/41 | €143k | €579k | €853k | €1.43M | ▲ 67.7% |
| Trade receivables40 | €136k | €161k | €0 | €30k | - |
| Other amounts receivable41 | €8k | €418k | €853k | €1.40M | ▲ 64.2% |
| Current investments50/53 | - | - | €50k | €150k | ▲ 199% |
| Cash at bank and in hand54/58 | €451k | €173k | €260k | €145k | ▼ 44.2% |
| Deferred charges and accrued income490/1 | - | €1k | €5k | €4k | ▼ 20.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €710k | €970k | €1.36M | €1.90M | ▲ 39.4% |
| Equity10/15 | €117k | €584k | €1.11M | €1.76M | ▲ 59.1% |
| Contributions10/11 | €5k | €5k | €5k | €5k | = |
| Reserves13 | €112k | €579k | €1.10M | €1.76M | ▲ 59.4% |
| Distributable reserves133 | €112k | €579k | €1.10M | €1.76M | ▲ 59.4% |
| Amounts payable17/49 | €593k | €385k | €256k | €140k | ▼ 45.4% |
| Amounts payable after more than one year17 | - | €70k | €49k | €28k | ▼ 43.7% |
| Financial debts170/4 | - | €70k | €49k | €28k | ▼ 43.7% |
| Amounts payable within one year42/48 | €589k | €304k | €207k | €112k | ▼ 45.8% |
| Current portion of amounts payable after more than one year42 | - | €20k | €21k | €22k | ▲ 2.6% |
| Trade debts44 | €2k | €8k | €6k | €5k | ▼ 20.3% |
| Suppliers440/4 | €2k | €8k | €6k | €5k | ▼ 20.3% |
| Taxes, remuneration and social security45 | €45k | €162k | €180k | €86k | ▼ 52.2% |
| Taxes450/3 | €40k | €160k | €177k | €83k | ▼ 53.1% |
| Remuneration and social security454/9 | €5k | €3k | €3k | €3k | ▲ 2.9% |
| Other amounts payable47/48 | €542k | €113k | €0 | - | - |
| Accrued charges and deferred income492/3 | €4k | €11k | €17 | €11 | ▼ 33.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €112k | €468k | €522k | €654k | ▲ 25.2% |
| + Depreciation and write-downs630 | - | €17k | €24k | €25k | ▲ 2.6% |
| Operating cash flow (approximation) | €112k | €485k | €546k | €679k | ▲ 24.2% |
| Investment in fixed assets (approximation) | - | €-118k | €-2k | €-681 | ▲ 55.7% |
| Change in cash | - | €-278k | €87k | €-115k | ▼ 232% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2022net €654k ▲25.2%
Operating result €880k, net result €654k, both a record.
30-09
Financial
Liquidity triplescurrent ratio 15.43
Current ratio from 5.65 to 15.43; short-term debt falls from €207k to €112k.
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Liquidity doublescurrent ratio 5.65
Current ratio from 2.48 to 5.65; short-term debt falls from €304k to €207k.
30-09
Financial
Equity above €1MEq €1.11M ▲89.4%
3 profitable years in a row build equity to €1.11M.
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Liquidity doublescurrent ratio 2.48
Current ratio from 1.01 to 2.48; short-term debt falls from €589k to €304k.
30-09
Financial
Equity above €500kEq €584k ▲400%
2 profitable years in a row build equity to €584k.
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated 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, Sint-Truiden · 1 establishment unit since 2021
Ground area
2,322 m²
Building footprint
1,196 m²
Volume, LiDAR
94 m³
Parcel 71353E1319/00C000, Flanders · tallest building 4.0 m. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
HMCBASE
since 20212.322.487.925
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71353E1319/00C000 | Flanders | 2,322 m² | 1 · 1,196 m² | 4.0 m |
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.
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Of 24,497 companies in sector 82990 we hold annual accounts for 9,406. 3,471 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
Founded28-09-2021
Fiscal year end30-09
Activities, NACEBEL 2025
82990Other business support services
64210Activities of holding companies
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.