Financials
- Fiscal year
- 2024
- Total assets
- €500,730
- Loss
- -€7,929
- Solvency
- -0.6%
HMS 21
ActiveSummary
The computed 12-month bankruptcy probability of HMS 21 is 7.0% (elevated). The 2024 annual accounts show negative equity (-€2,808) and a net result of -€7,929. Equity is shrinking by ~1306.2% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Activity not known1 site
Size
€500,730total assets 2024
- Equity
- -€2,808
- Loss
- -€7,929
Structure
Accounts 64 d overdue0 of 7 deeds read
Why 33- 1 change of registered office in 24 months- 1 financial year not filed after the legal deadline; latest accounts 152 days late; 3 of the last 3 late- Figures for FY 2024 (filed 31-12-2025)+ Size: total assets €500,730Show the evidence
Checked score
Score 2024
33
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 19% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
24-2
equity -0.6% of total assets
Liquidity
22+1
short-term debt 55.8% · cash 0.4%
Profitability
67+58
return on assets -1.6%
Bankruptcy probability, 12 months
7.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 11.1%highest value
12-2024: 3.1%▼ -72.2% vs 11-2024
01-2025: 3.0%▼ -1.1% vs 12-2024
02-2025: 3.0%● 0.0% vs 01-2025
03-2025: 3.2%▲ +5.0% vs 02-2025
04-2025: 3.7%▲ +15.5% vs 03-2025
05-2025: 1.6%▼ -57.4% vs 04-2025lowest value
06-2025: 1.7%▲ +6.0% vs 05-2025
07-2025: 4.6%▲ +174% vs 06-2025
08-2025: 5.1%▲ +11.1% vs 07-2025
09-2025: 5.2%▲ +1.8% vs 08-2025
10-2025: 7.6%▲ +48.1% vs 09-2025
11-2025: 7.8%▲ +1.8% vs 10-2025
12-2025: 8.6%▲ +9.9% vs 11-2025
01-2026: 2.8%▼ -67.7% vs 12-2025
02-2026: 2.8%● 0.0% vs 01-2026
03-2026: 2.7%▼ -1.2% vs 02-2026
04-2026: 3.1%▲ +14.3% vs 03-2026
05-2026: 3.6%▲ +16.5% vs 04-2026
06-2026: 4.2%▲ +16.2% vs 05-2026
07-2026: 4.0%▼ -4.3% vs 06-2026
08-2026: 4.4%▲ +8.5% vs 07-2026
09-2026: 4.7%▲ +6.3% vs 08-2026
10-2026: 7.0%▲ +49.2% vs 09-2026
- Size: total assets €500,730 lowers the probability for this profile
- 1 change of registered office in 24 months raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 152 days late; 3 of the last 3 late raises the probability
- Figures for FY 2024 (filed 31-12-2025) raises the probability
No credit on open account
Liquidity short (current ratio 0.03 against 0.1 in 2023; short-term debt: 55.8% and cash: 0.4% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 15%, liquidity 13%, profitability 44%, growth against the median 2%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
222324
2022 to 2024 · latest year -€2,808
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-12-2025, 152 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
152 d late
2023
91 d late
2022
207 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 150 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · full…
Key points
By topic
Timeline
- Events
- 4
- Since
- 2023
- 30-12-2025Annual accounts filed
- 30-10-2024Annual accounts filed
- 23-02-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Founded
- 23-11-2021
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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