Skip to content

HMS CORP

Active
Private limited companyfounded 20242 yrs activeSteenweg op Mechelen 455, 1950 Kraainem, BelgiumKBO/BCE: BE 1011.636.952
Summary

The computed 12-month bankruptcy probability of HMS CORP is 4.3% (elevated). The 2024 annual accounts show equity of €2,985 and a net result of €2,985. Its solvency ranks better than 29% of 6719 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability90
Solvency42
Growth-
Track record67
Bankruptcy probability, 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.6; short-term debt: 82.7% and cash: 17.9% of total assets), and 82.7% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · 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 2024
Solvency, return and age of the figures
Solvency
17.3%
Return on assets
17.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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
2024
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 30 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% 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

On 16 July 2024, HMS CORP was incorporated as a Private limited company.1 In 2026 the registered office moved to Kraainem.2 Youssef Buduh has served as non-statutory director of the company since 2026.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 22-09-2026
  3. 3Belgian State Gazette, 01-09-2026

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€2,985
Total assets
€17,250
Net result
€2,985
Working capital
-€5,690

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

Balance-sheet composition
Assets €17,250
Fixed assets €8,675
Current assets €8,575
Equity and liabilities €17,250
Equity €2,985
Debt €14,265
Debt finances 82.7% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€6,787
Cash flow
€5,905
Current ratio
0.60
Debt to equity
4.78
ROE
100.0%
ROA
17.3%
Interest coverage
262.66
Debt ≤ 1 year
€14,265
Income taxes
€950

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.3% 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 497,662 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% 1.7%
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 75% 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 7,976 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 · 33 lines
Balance sheet Code2024
Assets
Total assets20/58€17,250
Fixed assets21/28€8,675
Tangible fixed assets22/27€8,675
Plant, machinery and equipment23€93
Furniture and vehicles24€8,583
Current assets29/58€8,575
Amounts receivable within one year40/41€5,194
Other amounts receivable41€5,194
Cash at bank and in hand54/58€3,088
Deferred charges and accrued income490/1€293
Equity and liabilities
Total equity and liabilities10/49€17,250
Equity10/15€2,985
Profit (loss) carried forward14€2,985
Amounts payable17/49€14,265
Amounts payable within one year42/48€14,265
Trade debts44€342
Suppliers440/4€342
Taxes, remuneration and social security45€1,138
Taxes450/3€1,138
Other amounts payable47/48€12,785
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,920
Other operating charges640/8€450
Gross operating margin9900€7,238
Operating profit (loss)9901€3,867
Financial income75/76B€94
Recurring financial income75€94
Financial charges65/66B€26
Recurring financial charges65€26
Profit (loss) for the period before taxes9903€3,935
Income taxes67/77€950
Profit (loss) for the period9904€2,985
Profit (loss) for the period to be appropriated9905€2,985
Appropriation of the result
Profit (loss) to be appropriated9906€2,985

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

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,920
Other operating charges640/8€450
Gross operating margin9900€7,238
Operating profit (loss)9901€3,867
Financial income75/76B€94
Recurring financial income75€94
Financial charges65/66B€26
Recurring financial charges65€26
Profit (loss) for the period before taxes9903€3,935
Income taxes67/77€950
Profit (loss) for the period9904€2,985
Profit (loss) for the period to be appropriated9905€2,985
Line2024
Assets
Total assets20/58€17,250
Fixed assets21/28€8,675
Tangible fixed assets22/27€8,675
Plant, machinery and equipment23€93
Furniture and vehicles24€8,583
Current assets29/58€8,575
Amounts receivable within one year40/41€5,194
Other amounts receivable41€5,194
Cash at bank and in hand54/58€3,088
Deferred charges and accrued income490/1€293
Equity and liabilities
Total equity and liabilities10/49€17,250
Equity10/15€2,985
Profit (loss) carried forward14€2,985
Amounts payable17/49€14,265
Amounts payable within one year42/48€14,265
Trade debts44€342
Suppliers440/4€342
Taxes, remuneration and social security45€1,138
Taxes450/3€1,138
Other amounts payable47/48€12,785
Line2024
Profit (loss) for the period9904€2,985
+ Depreciation and write-downs630€2,920
Operating cash flow (approximation)€5,905

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

Download as CSV

Timeline · acts, filings and financial milestones

2026
22-09
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 17-09-2026
  • Registered-office move, Steenweg op Mechelen 455 bus 1, 1950 Kraainem
01-09
State Gazette act Appointment: Youssef Buduh (non-statutory director)
Resignation: Hamza Sarhane (non-statutory director) · Power of attorney5 facts ▸
  • General meeting, 28-07-2026
  • Director appointment, Youssef Buduh (non-statutory director)
  • Director resignation, Hamza Sarhane (non-statutory director)
  • Power of attorney, DISRUPT CONSULTING
  • Power of attorney
2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
State Gazette actNBB filing
2 of 5 acts read
About the unread acts

Of the 5 Belgian State Gazette acts we know for this company, 2 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 director, last change in 2026
Youssef Buduh
Non-statutory director · since 28-07-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
3 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Kraainem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
865 m²
Volume, LiDAR
33,994 m³
Parcel 22002C0073/00N009, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
964 companies at this address See who is registered here
1 establishment unit
HMS CORP
Steenweg op Mechelen 455, 1950 KraainemLand transport and transport via pipelines
since 20242.362.872.587
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22002C0073/00N009 Flanders 1.1 ha 1 · 865 m² 42.8 m · 14 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.

Mandate history

2 people since 2026, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Youssef Buduh
  • Non-statutory director, from 28-07-2026 to date
SARHANE, Hamza
  • Non-statutory director, until 28-07-2026
See the board, name and seat on a given date →

Structure & network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Similar companies · same sector, comparable size

Of 6,684 companies in sector 49330 we hold annual accounts for 2,299. 1,387 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
Founded16-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
49330On-demand passenger transport by chauffeured vehicle
49410Freight transport by road
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011636952
Registered 14-02-2025

Register as of 27 September 2026 · Peppol Directory

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