Home CineTech
ActiveSummary
The computed 12-month bankruptcy probability of Home CineTech is 2.8% (moderate). The annual accounts of Home CineTech for fiscal year 2024 show a net loss of 58% of the equity at the start of that year. The 2024 annual accounts show equity of €25k and a net result of €-34k. Equity is shrinking by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 11% of 5989 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
25
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability18▼-14
Solvency31▼-7
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.48 against 0.46 in 2023; short-term debt: 91.1% and cash: 0.8% of total assets), and 94% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
6%
Return on assets
-8.2%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year €-34k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 5989 sector peers (2024).
NBB · sector comparisonPosition among 5989 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
65 d late
2022
61 d late
2021
92 d late
2020
91 d late
2019
92 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-34k▼ 56.0%
2023 · €-22k
2019: €40k
2020: €11k
2021: €9k
2022: €2k
2023: €-22k
2019 → 2024
Working capital
€-199k▲ 1.8%
2023 · €-202k
2019: €-147k
2020: €-216k
2021: €-269k
2022: €-218k
2023: €-202k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€71k-€80k▲ 12.7%€82k▲ 2.5%€60k▼ 27.0%€25k▼ 57.6%
Operating result€17k-€17k▼ 1.6%€10k▼ 39.5%€-10k€-16k▼ 58.8%
Net result€11k-€9k▼ 21.8%€2k▼ 77.4%€-22k€-34k▼ 56.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2024 against €10k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €419k
Fixed assets
€236k ▼ 13.9%
Current assets
€183k ▲ 5.0%
Equity and liabilities €419k
Equity
€25k ▼ 57.6%
Debt
€394k ▲ 1.3%
The debt ratio rises from 86.7% to 94.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€22k▼
2023 · €28k
Cash flow
€4k▼
2023 · €16k
Current ratio
0.48▲
2023 · 0.46
Quick ratio
0.04▲
2023 · 0.02
Debt / equity
15.56▲
2023 · 6.51
ROE
-135.9%▼
2023 · -36.9%
ROA
-8.2%▼
2023 · -4.9%
Interest coverage
1.20▼
2023 · 2.28
Debt ≤ 1 year
€382k▲
2023 · €376k
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 · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€448k€419k▼
Fixed assets21/28€274k€236k▼
Tangible fixed assets22/27€274k€236k▼
Plant, machinery and equipment23€274k€236k▼
Current assets29/58€174k€183k▲
Stocks and contracts in progress3€168k€168k=
Stocks30/36€168k€168k=
Amounts receivable within one year40/41€248€12k▲
Trade receivables40-€12k
Other amounts receivable41€248€248=
Cash at bank and in hand54/58€6k€3k▼
Equity and liabilities
Total equity and liabilities10/49€448k€419k▼
Equity10/15€60k€25k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€40k€6k▼
Amounts payable17/49€388k€394k▲
Amounts payable within one year42/48€376k€382k▲
Financial debts43€300k€300k=
Credit institutions430/8€300k€300k=
Trade debts44€30k€34k▲
Suppliers440/4€30k€34k▲
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€5k€5k▲
Other amounts payable47/48€42k€42k=
Accrued charges and deferred income492/3€12k€12k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€38k=
Other operating charges640/8€597€560▼
Gross operating margin9900€28k€23k▼
Operating profit (loss)9901€-10k€-16k▼
Financial income75/76B€283-
Recurring financial income75€283-
Financial charges65/66B€12k€18k▲
Recurring financial charges65€12k€18k▲
Profit (loss) for the period before taxes9903€-22k€-34k▼
Profit (loss) for the period9904€-22k€-34k▼
Profit (loss) for the period to be appropriated9905€-22k€-34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€6k▼
Profit (loss) brought forward from the previous period14P€62k€40k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 65 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 91 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 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, Somme-Leuze · 2 establishment units since 2019
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.
Zone d'activités Sud, Bail. 85377 Somme-LeuzeGround area
8,683 m²
Building footprint
2,226 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
Home CineTech
since 20192.287.875.157
Home CineTech
since 20212.318.570.610
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91010B0133/00N002 | Wallonia | 7,758 m² | 1 · 2,115 m² | - |
| 83053D0133/00P006 | Wallonia | 925 m² | 1 · 111 m² | - |
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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Of 1,743 companies in sector 46150 we hold annual accounts for 757. 509 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-02-2019
Fiscal year end31-12
Activities, NACEBEL
46150Agents in the wholesale of furniture, household goods and hardware
47400Retail sale of information and communication equipment
47430Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@homecinetech.com
Phone:+32475239484