Summary
HOLDUX has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €4.5m and a net result of €904,587. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 63% of 1660 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
6 d early
2023
30 d late
2022
59 d late
2021
2 d early
2020
2 d early
2019
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€4.5m▼ 6.1%
2024 · €4.8m
Total assets
€7.8m▲ 2.7%
2024 · €7.6m
Net result
€904,587▼ 1.7%
2024 · €919,887
Working capital
-€1.7m▼ 32.7%
2024 · -€1.3m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€207,062▼ 10.1%€159,351▼ 23.0%€57,350▼ 64.0%€64,424▲ 12.3%€68,219▲ 5.9%
Net result€1.4mabove the sector's middle half▲ 22.8%€1.4mabove the sector's middle half▼ 3.1%€1.1mabove the sector's middle half▼ 23.2%€919,887above the sector's middle half▼ 14.2%€904,587above the sector's middle half▼ 1.7%
Equity€5.1mabove the sector's middle half▲ 5.0%€5.3mabove the sector's middle half▲ 3.9%€5.1mabove the sector's middle half▼ 2.4%€4.8mabove the sector's middle half▼ 5.5%€4.5mabove the sector's middle half▼ 6.1%
Total assets€6.5mabove the sector's middle half▼ 4.3%€6.7mabove the sector's middle half▲ 3.2%€6.6mabove the sector's middle half▼ 0.9%€7.6mabove the sector's middle half▲ 15.0%€7.8mabove the sector's middle half▲ 2.7%
Debt€1.4m▼ 27.0%€1.4m▲ 1.0%€1.5m▲ 4.7%€2.8m▲ 84.4%€3.3m▲ 18.0%
Working capital-€617,467▲ 28.7%-€410,054▲ 33.6%-€530,074▼ 29.3%-€1.3m▼ 137%-€1.7m▼ 32.7%
Solvency77.9%above the sector's middle half▲ 6.9pp78.4%above the sector's middle half▲ 0.5pp77.2%above the sector's middle half▼ 1.2pp63.4%within the sector's middle half▼ 13.8pp58.0%within the sector's middle half▼ 5.4pp
Staff (FTE)3within the sector's middle half=3within the sector's middle half=3.8within the sector's middle half▲ 26.7%3.4within the sector's middle half▼ 10.5%2within the sector's middle half▼ 41.2%
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.8m
Fixed assets
€7.2m =
Current assets
€607,949 ▲ 50.0%
Equity and liabilities €7.8m
Equity
€4.5m ▼ 6.1%
Debt
€3.3m ▲ 18.0%
Debt's share of the balance-sheet total rises from 36.6% to 42.0%. Equity is lower and debt is higher.
Key figures and ratios
ROE
19.9%▲
2024 · 19.0%
ROA
11.5%▼
2024 · 12.0%
Debt ≤ 1 year
€2.3m▲
2024 · €1.7m
Debt > 1 year
€1.0m▼
2024 · €1.1m
Income taxes
€9,064▼
2024 · €22,198
Staff costs
€173,496▼
2024 · €324,208
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €386 | - | - | - |
| Remuneration, social security and pensions62 | €243,297 | €256,271 | €381,537 | €324,208 | €173,496 | ▼ 46.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,816 | €12,205 | €10,099 | €2,928 | €4,382 | ▲ 49.6% |
| Other operating charges640/8 | €930 | €930 | €990 | €1,092 | €1,180 | ▲ 8.1% |
| Non-recurring operating charges66A | - | - | €845 | - | - | - |
| Gross operating margin9900 | €463,105 | €428,756 | €450,822 | €392,652 | €247,277 | ▼ 37.0% |
| Operating profit (loss)9901 | €207,062 | €159,351 | €57,350 | €64,424 | €68,219 | ▲ 5.9% |
| Financial income75/76B | €1.3m | €1.3m | €1.0m | €913,907 | €904,325 | ▼ 1.0% |
| Recurring financial income75 | €1.3m | €1.3m | €1.0m | €913,907 | €904,325 | ▼ 1.0% |
| Financial charges65/66B | €12,476 | €4,368 | €4,184 | €36,246 | €58,893 | ▲ 62.5% |
| Recurring financial charges65 | €12,476 | €4,368 | €4,184 | €36,246 | €58,893 | ▲ 62.5% |
| Profit (loss) for the period before taxes9903 | €1.5m | €1.5m | €1.1m | €942,085 | €913,651 | ▼ 3.0% |
| Income taxes67/77 | €64,640 | €69,469 | €22,230 | €22,198 | €9,064 | ▼ 59.2% |
| Profit (loss) for the period9904 | €1.4m | €1.4m | €1.1m | €919,887 | €904,587 | ▼ 1.7% |
| Profit (loss) for the period to be appropriated9905 | €1.4m | €1.4m | €1.1m | €919,887 | €904,587 | ▼ 1.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.5m | €6.7m | €6.6m | €7.6m | €7.8m | ▲ 2.7% |
| Fixed assets21/28 | €5.7m | €5.7m | €5.7m | €7.2m | €7.2m | = |
| Intangible fixed assets21 | €15,727 | €7,770 | €390 | - | - | - |
| Tangible fixed assets22/27 | €7,843 | €3,595 | €4,075 | €6,110 | €9,574 | ▲ 56.7% |
| Furniture and vehicles24 | €7,843 | €3,595 | €4,075 | €6,110 | €9,574 | ▲ 56.7% |
| Financial fixed assets28 | €5.6m | €5.6m | €5.6m | €7.2m | €7.2m | = |
| Current assets29/58 | €814,902 | €1.0m | €983,637 | €405,352 | €607,949 | ▲ 50.0% |
| Amounts receivable within one year40/41 | €688,020 | €1.0m | €919,417 | €400,392 | €600,300 | ▲ 49.9% |
| Trade receivables40 | €31,055 | €110,177 | €132,751 | €131,893 | €155,494 | ▲ 17.9% |
| Other amounts receivable41 | €656,965 | €899,538 | €786,666 | €268,499 | €444,806 | ▲ 65.7% |
| Cash at bank and in hand54/58 | €126,720 | €25,290 | €42,088 | €2,571 | €6,926 | ▲ 169% |
| Deferred charges and accrued income490/1 | €162 | €1,930 | €22,132 | €2,390 | €723 | ▼ 69.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.5m | €6.7m | €6.6m | €7.6m | €7.8m | ▲ 2.7% |
| Equity10/15 | €5.1m | €5.3m | €5.1m | €4.8m | €4.5m | ▼ 6.1% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €5.0m | €5.2m | €5.1m | €4.8m | €4.5m | ▼ 6.1% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €1.6m | €1.6m | €1.6m | = |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €1.6m | €1.6m | €1.6m | = |
| Distributable reserves133 | €5.0m | €5.2m | €3.5m | €3.2m | €2.9m | ▼ 9.3% |
| Amounts payable17/49 | €1.4m | €1.4m | €1.5m | €2.8m | €3.3m | ▲ 18.0% |
| Amounts payable after more than one year17 | - | - | - | €1.1m | €1.0m | ▼ 9.8% |
| Financial debts170/4 | - | - | - | €1.1m | €1.0m | ▼ 9.8% |
| Amounts payable within one year42/48 | €1.4m | €1.4m | €1.5m | €1.7m | €2.3m | ▲ 36.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €92,198 | €218,168 | ▲ 137% |
| Financial debts43 | €25,073 | - | - | €175,000 | - | - |
| Credit institutions430/8 | €25,073 | - | - | €175,000 | - | - |
| Trade debts44 | €1,891 | €2,778 | €23,053 | €45,238 | €25,452 | ▼ 43.7% |
| Suppliers440/4 | €1,891 | €2,778 | €23,053 | €45,238 | €25,452 | ▼ 43.7% |
| Taxes, remuneration and social security45 | €105,405 | €117,346 | €177,159 | €111,986 | €75,755 | ▼ 32.4% |
| Taxes450/3 | €65,961 | €76,486 | €108,454 | €71,426 | €43,903 | ▼ 38.5% |
| Remuneration and social security454/9 | €39,445 | €40,860 | €68,704 | €40,560 | €31,851 | ▼ 21.5% |
| Other amounts payable47/48 | €1.3m | €1.3m | €1.3m | €1.2m | €2.0m | ▲ 58.1% |
| Accrued charges and deferred income492/3 | - | - | €1,152 | €1,930 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.4m | €1.4m | €1.1m | €919,887 | €904,587 | ▼ 1.7% |
| + Depreciation and write-downs630 | €11,816 | €12,205 | €10,099 | €2,928 | €4,382 | ▲ 49.6% |
| Operating cash flow (approximation) | €1.5m | €1.4m | €1.1m | €922,815 | €908,969 | ▼ 1.5% |
| Investment in fixed assets (approximation) | - | €0 | -€3,199 | -€1.6m | -€7,846 | ▲ 99.5% |
| Change in cash | - | -€101,430 | €16,798 | -€39,517 | €4,356 | ▲ 111% |
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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 59 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €1.4m ▲22.8%
Net result €1.4m, the highest in the series.
31-12
Financial
Equity above €5mEq €5.1m ▲5%
4 profitable years in a row build equity to €5.1m.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
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.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Hasselt · 1 establishment unit since 2006
Ground area
1,622 m²
Building footprint
222 m²
Volume, LiDAR
1,238 m³
Parcel 71322B0461/00R000, Flanders · tallest building 18.3 m, ±2 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
Holdux
since 20062.157.341.366
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322B0461/00R000 | Flanders | 1,622 m² | 1 · 222 m² | 18.3 m · 2 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.
Structure & network
Owners and holdings
1 owner · 7 holdings · 4 subsidiaries in the treeChain of control
- INITIUM
- HOLDUX
Highest known parent: INITIUM. The sources do not say who stands above it.
Owners 1
- INITIUMparentSourceaccounts INITIUM 2025100%
Holdings 7
-
99.87%
-
99.5%
-
99.5%
-
50%
-
50%
- Seculux Automatismos SLESSourceown accounts 202550%
-
50%
All subsidiaries, including indirect ones 4
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
SECULUX 99.87%1 subsidiary
- Seculux Invest 100%
- ENTRYA TECHNOLOGIES 99.5%
- OSENCE 99.5%
According to the 2025 annual accounts of HOLDUX and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 39 EUR awarded · 39 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 39 EUR | 39 EUR |
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Of 2,711 companies in sector 73200 we hold annual accounts for 1,787. 555 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
Founded07-11-2006
Fiscal year end31-12
Activities, NACEBEL 2025
46649Wholesale of other machinery and equipment
73200Market research and public opinion polling
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0884938522
Also
9925:BE0884938522
Registered
05-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.