HOOGMARTENS
ActiveHOOGMARTENS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €584k and a net result of €28k. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 48% of 7778 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-21
Solvency67▼-8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.5 against 2.31 in 2024; short-term debt: 34.5% and cash: 14.8% of total assets), but 57.7% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
42.3%
Return on assets
2.1%
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
30 d early
2023
33 d early
2022
4 d early
2021
4 d late
2020
2 d early
2019
28 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€584k▼ 11.7%
2024 · €662k
2018: €122k
2019: €188k
2020: €235k
2021: €329k
2022: €363k
2023: €430k
2024: €662k
2018 → 2025
Total assets
€1.38M▲ 3.6%
2024 · €1.33M
2018: €840k
2019: €1.03M
2020: €1.13M
2021: €1.27M
2022: €1.27M
2023: €1.25M
2024: €1.33M
2018 → 2025
Net result
€28k▼ 88.8%
2024 · €252k
2018: €31k
2019: €54k
2020: €48k
2021: €93k
2022: €54k
2023: €78k
2024: €252k
2018 → 2025
Working capital
€241k▼ 30.6%
2024 · €347k
2018: €-29k
2019: €143k
2020: €101k
2021: €247k
2022: €207k
2023: €277k
2024: €347k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€329k-€363k▲ 10.3%€430k▲ 18.6%€662k▲ 53.9%€584k▼ 11.7%
Operating result€146k-€88k▼ 39.7%€123k▲ 39.7%€387k▲ 216%€60k▼ 84.6%
Net result€93k-€54k▼ 42.2%€78k▲ 44.0%€252k▲ 225%€28k▼ 88.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 85% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.38M
Fixed assets
€664k▼ 7.9%
Current assets
€718k▲ 17.2%
Equity and liabilities €1.38M
Equity
€584k▼ 11.7%
Debt
€797k▲ 18.7%
The debt ratio rises from 50.3% to 57.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€119k▼
2024 · €435k
Cash flow
€88k▼
2024 · €300k
Solvency
42.3%▼
2024 · 49.7%
Current ratio
1.50▼
2024 · 2.31
Quick ratio
1.05▼
2024 · 1.86
Debt / equity
1.36▲
2024 · 1.01
ROE
4.9%▼
2024 · 38.1%
ROA
2.1%▼
2024 · 18.9%
Interest coverage
7.05▼
2024 · 30.03
Debt
€797k▲
2024 · €671k
Debt ≤ 1 year
€477k▲
2024 · €266k
Debt > 1 year
€318k▼
2024 · €401k
Income taxes
€16k▼
2024 · €121k
Staff costs
€349k▼
2024 · €395k
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€1.33M€1.38M▲
Fixed assets21/28€721k€664k▼
Tangible fixed assets22/27€721k€664k▼
Land and buildings22€616k€590k▼
Plant, machinery and equipment23€54k€41k▼
Furniture and vehicles24€46k€33k▼
Leasing and similar rights25€5k€0▼
Financial fixed assets28€588€0▼
Current assets29/58€612k€718k▲
Stocks and contracts in progress3€120k€217k▲
Stocks30/36€120k€217k▲
Amounts receivable within one year40/41€293k€264k▼
Trade receivables40€264k€161k▼
Other amounts receivable41€29k€103k▲
Cash at bank and in hand54/58€172k€205k▲
Deferred charges and accrued income490/1€28k€32k▲
Equity and liabilities
Total equity and liabilities10/49€1.33M€1.38M▲
Equity10/15€662k€584k▼
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€609k€566k▼
Distributable reserves133€609k€566k▼
Profit (loss) carried forward14€35k€0▼
Amounts payable17/49€671k€797k▲
Amounts payable after more than one year17€401k€318k▼
Financial debts170/4€351k€318k▼
Other amounts payable178/9€50k€0▼
Amounts payable within one year42/48€266k€477k▲
Current portion of amounts payable after more than one year42€52k€29k▼
Financial debts43-€15k
Credit institutions430/8-€15k
Trade debts44€134k€334k▲
Suppliers440/4€134k€334k▲
Taxes, remuneration and social security45€78k€73k▼
Taxes450/3€71k€61k▼
Remuneration and social security454/9€7k€12k▲
Other amounts payable47/48€507€26k▲
Accrued charges and deferred income492/3€5k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€395k€349k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€59k▲
Other operating charges640/8€8k€4k▼
Non-recurring operating charges66A-€500
Gross operating margin9900€839k€472k▼
Operating profit (loss)9901€387k€60k▼
Financial income75/76B€161€1k▲
Recurring financial income75€161€1k▲
Financial charges65/66B€14k€17k▲
Recurring financial charges65€14k€17k▲
Profit (loss) for the period before taxes9903€373k€44k▼
Income taxes67/77€121k€16k▼
Profit (loss) for the period9904€252k€28k▼
Profit (loss) for the period to be appropriated9905€252k€28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€285k€63k▼
Profit (loss) brought forward from the previous period14P€33k€35k▲
Transfer from equity791/2€20k€106k▲
Transfer to equity691/2€250k€63k▼
To other reserves6921€250k€63k▼
Profit to be distributed694/7€20k€106k▲
Return on contributions (dividend)694€20k€106k▲
Social balance
Average headcount (FTE)90875.74.9▼
The notes to these accounts (16 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
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €28k ▼88.8%
Net result drops to €28k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €252k ▲225%
Operating result €387k, net result €252k, both a record.
31-12
Financial
Equity above €500kEq €662k ▲53.9%
7 profitable years in a row build equity to €662k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €235k ▲25.5%
3 profitable years in a row build equity to €235k.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
31-12
Financial
Equity above €150kEq €188k ▲54.4%
2 profitable years in a row build equity to €188k.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
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
5 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, Bertem · 1 establishment unit since 2007
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.
Oude Baan 1043060 BertemGround area
1,510 m²
Building footprint
234 m²
Volume, LiDAR
173 m³
Parcel 24009A0519/00A002, Flanders · tallest building 5.5 m. Linked by address, not a title deed.
1 establishment unit
HOOGMARTENS
since 20072.165.336.839
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24009A0519/00A002 | Flanders | 1,510 m² | 1 · 234 m² | 5.5 m |
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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 8,650 EUR awarded · 8,650 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
| 2024 | 1 | 42 EUR | 42 EUR |
| 2023 | 1 | 7,608 EUR | 7,608 EUR |
Schemes
Werkbaarheidscheque (stopgezet)
Premie kwalificerend werkplekleren
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
12 categoriesHOOGMARTENS BV30921
Dual-learning approval
6 live approvalsBrandertechnicus gas/stookolie duaal (so)
Monteur sanitaire en verwarmingsinstallaties duaal (so)
Sanitaire en verwarmingsinstallaties duaal (so)
Technicus installatietechnieken (vwo)
Technicus installatietechnieken duaal (so)
Vakman installatietechnieken (vwo)
Similar companies · same sector, comparable size
EBM
BE 0893.620.715
Gent · Eq €584k
MULLERELECTRIC
BE 0698.630.919
Malmedy · Eq €584k
E.C.T.
BE 0842.123.316
Hulshout · Eq €584k
IN-TEC
BE 0895.219.433
Roeselare · Eq €583k
Algemene Alarmcentrale Wouters en Co
BE 0428.188.781
Kalmthout · Eq €586k
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 6,085 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-07-2007
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
28250Manufacture of machinery and equipment not elsewhere classified
29230
43230Insulation installation
43240Other construction installation
43291Specialised construction activities
43299Specialised construction activities
61100Wired, wireless and satellite telecommunications
61200Telecommunications
64200Holdings
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.