HOFABE
ActiveHOFABE has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.10M and a net result of €19k. Equity is growing by ~23.5% per year across the filed fiscal years. Its solvency ranks better than 50% of 9107 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability8▲+8
Solvency40▼-15
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity short (current ratio 0.54 against 0.81 in 2024), and 68.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
31.8%
Return on assets
0.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
28 d late
2023
26 d late
2022
28 d late
2021
3 d late
2020
27 d late
2019
115 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€19k
2024 · €-30k
2018: €-5k
2019: €399
2020: €26k
2021: €23k
2022: €43k
2023: €77k
2024: €-30k
2018 → 2025
Working capital
€-427k▼ 291%
2024 · €-109k
2018: €50
2019: €-63k
2020: €64k
2021: €68k
2022: €-65k
2023: €-436k
2024: €-109k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€719k-€762k▲ 6.0%€840k▲ 10.2%€1.08M▲ 29.2%€1.10M▲ 1.7%
Operating result€36k-€74k▲ 102%€140k▲ 90.3%€3k▼ 97.7%€34k▲ 974%
Net result€23k-€43k▲ 91.2%€77k▲ 79.4%€-30k€19k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 974% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.47M
Fixed assets
€2.97M▲ 25.5%
Current assets
€496k▲ 7.5%
Equity and liabilities €3.47M
Equity
€1.10M▲ 1.7%
Debt
€2.36M▲ 35.6%
The debt ratio rises from 61.7% to 68.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€184k▲
2024 · €31k
Cash flow
€169k▲
2024 · €-3k
Solvency
31.8%▼
2024 · 38.3%
Current ratio
0.54▼
2024 · 0.81
Quick ratio
0.54▼
2024 · 0.81
Debt / equity
2.14▲
2024 · 1.61
ROE
1.7%▲
2024 · -2.8%
ROA
0.5%▲
2024 · -1.1%
Interest coverage
399.71▲
2024 · 0.92
Debt
€2.36M▲
2024 · €1.74M
Debt ≤ 1 year
€922k▲
2024 · €570k
Debt > 1 year
€1.44M▲
2024 · €1.17M
Income taxes
€15k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.83M€3.47M▲
Fixed assets21/28€2.37M€2.97M▲
Tangible fixed assets22/27€2.27M€2.87M▲
Land and buildings22€997k€1.61M▲
Other tangible fixed assets26€1.27M€1.27M▼
Financial fixed assets28€101k€101k=
Current assets29/58€461k€496k▲
Amounts receivable within one year40/41€127k€190k▲
Trade receivables40€68k€141k▲
Other amounts receivable41€60k€49k▼
Cash at bank and in hand54/58€294k€305k▲
Deferred charges and accrued income490/1€40k-
Equity and liabilities
Total equity and liabilities10/49€2.83M€3.47M▲
Equity10/15€1.08M€1.10M▲
Contributions10/11€19k€19k=
Revaluation surpluses12€931k€931k=
Reserves13€55€55=
Non-distributable reserves130/1€55€55=
Reserves not available under the articles1311€55€55=
Profit (loss) carried forward14€135k€153k▲
Amounts payable17/49€1.74M€2.36M▲
Amounts payable after more than one year17€1.17M€1.44M▲
Financial debts170/4€1.17M€1.44M▲
Amounts payable within one year42/48€570k€922k▲
Current portion of amounts payable after more than one year42€91k€103k▲
Trade debts44€2k€26k▲
Suppliers440/4€2k€26k▲
Taxes, remuneration and social security45€7k€10k▲
Taxes450/3€7k€10k▲
Other amounts payable47/48€470k€784k▲
Income statement
Code20242025
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€150k▲
Other operating charges640/8€201k€7k▼
Gross operating margin9900€232k€191k▼
Operating profit (loss)9901€3k€34k▲
Financial income75/76B-€4
Recurring financial income75-€4
Financial charges65/66B€34k€461▼
Recurring financial charges65€34k€461▼
Profit (loss) for the period before taxes9903€-30k€33k▲
Income taxes67/77-€15k
Profit (loss) for the period9904€-30k€19k▲
Profit (loss) for the period to be appropriated9905€-30k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€135k€153k▲
Profit (loss) brought forward from the previous period14P€165k€135k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-30k ▼139%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €1MEq €1.08M ▲29.2%
Equity rises from €840k to €1.08M.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 26 days late
2023
31-12
Financial
Highest result since 2018net €77k ▲79.4%
Operating result €140k, net result €77k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 3 days late
2021
31-12
Financial
Equity above €500kEq €719k ▲1673%
3 profitable years in a row build equity to €719k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
31-12
Financial
Liquidity times 9current ratio 2.40
Current ratio from 0.28 to 2.40; short-term debt falls from €87k to €46k.
23-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 115 days late
2019
31-12
Financial
Back to profitnet €399
Net result €399 after one loss-making year.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 13 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2015
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.
Rue Charles Dubois 921342 Ottignies-Louvain-la-NeuveGround area
2,477 m²
Building footprint
254 m²
Volume, LiDAR
2,164 m³
2 parcels, Wallonia · tallest building 18.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HOFABE SPRL
since 20152.243.498.350
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25056C0037/00H003 | Wallonia | 1,489 m² | 1 · 114 m² | 18.5 m · 2 fl. |
| 25016A0105/00V000 | Wallonia | 988 m² | 1 · 140 m² | 13.2 m · 3 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.
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BORVO
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DEGERO - WOONPROJECTS
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Of 7,287 companies in sector 68110 we hold annual accounts for 5,352. 3,147 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-06-2015
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
66300Activities auxiliary to financial services and insurance activities
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.