HOLBUCO
ActiveHOLBUCO has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.36M and a net result of €602k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 33% of 31545 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
76
/ 100
Excellent▼ -13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▲+34
Solvency76▼-13
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k at 30 days acceptable
Liquidity ample (current ratio 4.23 against 2.11 in 2024), but 65.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
34.5%
Return on assets
6.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
70 d early
2024
48 d early
2023
54 d early
2022
53 d early
2021
31 d late
2020
50 d early
2019
21 d early
← 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, micro schema
Equity
€3.36M▲ 11.0%
2024 · €3.03M
2018: €6.46M
2019: €7.00M
2020: €2.08M
2021: €2.64M
2022: €2.59M
2023: €2.79M
2024: €3.03M
2018 → 2025
Total assets
€9.74M▲ 41.8%
2024 · €6.87M
2018: €12.34M
2019: €13.42M
2020: €6.01M
2021: €5.87M
2022: €5.77M
2023: €5.88M
2024: €6.87M
2018 → 2025
Net result
€602k▲ 77.8%
2024 · €339k
2018: €454k
2019: €544k
2020: €96k
2021: €199k
2022: €56k
2023: €203k
2024: €339k
2018 → 2025
Working capital
€3.70M▲ 252%
2024 · €1.05M
2018: €-2.84M
2019: €-3.05M
2020: €-205k
2021: €-107k
2022: €-8k
2023: €160k
2024: €1.05M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.64M-€2.59M▼ 2.1%€2.79M▲ 7.8%€3.03M▲ 8.6%€3.36M▲ 11.0%
Operating result€-34k-€-38k▼ 10.2%€156k€194k▲ 24.6%€100k▼ 48.3%
Net result€199k-€56k▼ 71.9%€203k▲ 263%€339k▲ 67.0%€602k▲ 77.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 48% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.74M
Fixed assets
€4.89M▲ 0.4%
Current assets
€4.85M▲ 143%
Equity and liabilities €9.74M
Equity
€3.36M▲ 11.0%
Debt
€6.38M▲ 66.1%
The debt ratio rises from 55.9% to 65.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€149k▼
2024 · €234k
Cash flow
€650k▲
2024 · €379k
Solvency
34.5%▼
2024 · 44.1%
Current ratio
4.23▲
2024 · 2.11
Quick ratio
4.23▲
2024 · 2.11
Debt / equity
1.90▲
2024 · 1.27
ROE
17.9%▲
2024 · 11.2%
ROA
6.2%▲
2024 · 4.9%
Interest coverage
0.82▼
2024 · 1.75
Debt
€6.38M▲
2024 · €3.84M
Debt ≤ 1 year
€1.15M▲
2024 · €946k
Debt > 1 year
€5.23M▲
2024 · €2.90M
Income taxes
€44k▲
2024 · €32k
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€6.87M€9.74M▲
Fixed assets21/28€4.87M€4.89M▲
Tangible fixed assets22/27€595k€616k▲
Land and buildings22€554k€522k▼
Plant, machinery and equipment23-€6k
Furniture and vehicles24€41k€88k▲
Financial fixed assets28€4.28M€4.28M=
Current assets29/58€2.00M€4.85M▲
Amounts receivable after more than one year29€1.25M€3.96M▲
Trade receivables290€1.25M€3.96M▲
Amounts receivable within one year40/41€441k€497k▲
Trade receivables40€431k€487k▲
Other amounts receivable41€10k€10k=
Current investments50/53€201k-
Cash at bank and in hand54/58€106k€392k▲
Equity and liabilities
Total equity and liabilities10/49€6.87M€9.74M▲
Equity10/15€3.03M€3.36M▲
Contributions10/11€1.47M€1.47M=
Capital10€1.47M€1.47M=
Issued capital100€1.47M€1.47M=
Reserves13€1.56M€1.89M▲
Non-distributable reserves130/1€104k€104k=
Legal reserve130€104k€104k=
Distributable reserves133€1.46M€1.79M▲
Amounts payable17/49€3.84M€6.38M▲
Amounts payable after more than one year17€2.90M€5.23M▲
Financial debts170/4€2.90M€5.23M▲
Amounts payable within one year42/48€946k€1.15M▲
Current portion of amounts payable after more than one year42€136k€127k▼
Trade debts44€50k€37k▼
Suppliers440/4€50k€37k▼
Taxes, remuneration and social security45€98k€134k▲
Taxes450/3€98k€134k▲
Other amounts payable47/48€662k€848k▲
Income statement
Code20242025
Remuneration, social security and pensions62€5k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€48k▲
Other operating charges640/8€35k€10k▼
Non-recurring operating charges66A-€1
Gross operating margin9900€274k€159k▼
Operating profit (loss)9901€194k€100k▼
Financial income75/76B€311k€727k▲
Recurring financial income75€311k€727k▲
Financial charges65/66B€134k€181k▲
Recurring financial charges65€134k€181k▲
Profit (loss) for the period before taxes9903€371k€646k▲
Income taxes67/77€32k€44k▲
Profit (loss) for the period9904€339k€602k▲
Profit (loss) for the period to be appropriated9905€339k€602k▲
Appropriation of the result
Profit (loss) to be appropriated9906€339k€602k▲
Transfer from equity791/2€100k€270k▲
Transfer to equity691/2€339k€602k▲
To other reserves6921€339k€602k▲
Profit to be distributed694/7€100k€270k▲
Return on contributions (dividend)694€100k€270k▲
The notes to these accounts (8 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
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €602k ▲77.8%
Net result €602k, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 4.23
Current ratio from 2.11 to 4.23.
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €56k ▼71.9%
Net result drops to €56k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
16 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, Buggenhout · 1 establishment unit since 1983
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.
Genthof 49255 BuggenhoutGround area
1.8 ha
Building footprint
2,654 m²
Volume, LiDAR
14,080 m³
Parcel 42004E0947/00F000, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GARKON NV
since 19832.021.565.518
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42004E0947/00F000 | Flanders | 1.8 ha | 1 · 2,654 m² | 6.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 5,672 companies in sector 70100 we hold annual accounts for 3,480. 1,317 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-12-1982
Fiscal year end31-12
Activities, NACEBEL
50103
70100Activities of head offices
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.