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HOOLST

Active
Private limited companyfounded 2007active for 18 yearsHolven 122, 2490 Balen, BelgiumKBO/BCE: BE 0894.416.313
Summary

HOOLST has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of -€18,369. Equity is shrinking by about 4.4% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (6 days) Filed on 6 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00385602.

Equity
€1.7m▼ 15.5%
2024 · €2.1m
Total assets
€1.8m▼ 15.1%
2024 · €2.1m
Net result
-€18,369
2024 · €2,964
Working capital
€1.7m▼ 6.7%
2024 · €1.8m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €37,807 in 2025 against €37,883 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.04m 2025 Net result-€0.02m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.04m--€0.03m▲ 10.3%-€0.03m▼ 3.8%-€0.04m▼ 0.7%-€0.04m▼ 0.6%-€0.04m▼ 10.3%-€0.04m▲ 2.6%-€0.04m▲ 0.2%
Net result-€0.05m--€0.05m▲ 4.6%-€0.05m▲ 3.8%-€0.05m▼ 0.1%-€0.04m▲ 11.0%-€0.006m▲ 85.3%€0.003m-€0.02m
Equity€2.6m-€2.5m▼ 2.0%€2.4m▼ 6.0%€2.3m▼ 2.1%€2.3m▼ 1.9%€2.1m▼ 9.1%€2.1m▲ 0.1%€1.7m▼ 15.5%
Total assets€2.9m-€2.6m▼ 10.8%€2.5m▼ 2.0%€2.3m▼ 6.0%€2.3m▼ 2.7%€2.3m▲ 1.3%€2.1m▼ 7.8%€1.8m▼ 15.1%
Debt€0.3m-€0.05m▼ 84.5%€0.1m▲ 206%€0.04m▼ 69.9%€0.02m▼ 45.5%€0.3m▲ 1,001%€0.08m▼ 70.6%€0.07m▼ 5.9%
Working capital€1.1m-€1.3m▲ 12.8%€1.3m▲ 4.1%€1.5m▲ 11.5%€1.6m▲ 10.7%€1.6m▼ 0.3%€1.8m▲ 12.6%€1.7m▼ 6.7%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets €41,099 ▼ 83.0%
Current assets €1.8m ▼ 6.5%
Equity and liabilities €1.8m
Equity €1.7m ▼ 15.5%
Debt €72,135 ▼ 5.9%
Debt's share of the balance-sheet total rises from 3.6% to 4.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€162,472=
2024 · €162,396
Cash flow
€181,910▼
2024 · €203,243
Current ratio
24.56▼
2024 · 26.08
Debt to equity
0.04▲
2024 · 0.04
ROE
-1.1%▼
2024 · 0.1%
ROA
-1.0%▼
2024 · 0.1%
Interest coverage
over 100
Debt ≤ 1 year
€72,135▼
2024 · €72,626
Income taxes
€29,716▼
2024 · €37,573
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,687 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 93.7% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
5.4% stopped otherwise
93.7% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,687 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.1m€1.8m▼
Fixed assets21/28€0.2m€0.04m▼
Tangible fixed assets22/27€0.2m€0.04m▼
Land and buildings22€0.2m€0.04m▼
Current assets29/58€1.9m€1.8m▼
Amounts receivable within one year40/41€1.9m€1.7m▼
Other amounts receivable41€1.9m€1.7m▼
Cash at bank and in hand54/58€0.02m€0.08m▲
Equity and liabilities
Total equity and liabilities10/49€2.1m€1.8m▼
Equity10/15€2.1m€1.7m▼
Contributions10/11€1.7m€1.7m=
Revaluation surpluses12€0.1m€0▼
Reserves13€0.3m€0.09m▼
Distributable reserves133€0.3m€0.09m▼
Profit (loss) carried forward14-€0
Amounts payable17/49€0.08m€0.07m▼
Amounts payable within one year42/48€0.07m€0.07m▼
Trade debts44-€0.004m
Suppliers440/4-€0.004m
Taxes, remuneration and social security45€0.07m€0.07m▼
Taxes450/3€0.07m€0.07m▼
Accrued charges and deferred income492/3€0.004m€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€0.2m=
Other operating charges640/8€0.1m€0.1m▲
Gross operating margin9900€0.3m€0.3m▲
Operating profit (loss)9901-€0.04m-€0.04m▲
Financial income75/76B€0.08m€0.05m▼
Recurring financial income75€0.08m€0.05m▼
Financial charges65/66B-€114
Recurring financial charges65-€114
Profit (loss) for the period before taxes9903€0.04m€0.01m▼
Income taxes67/77€0.04m€0.03m▼
Profit (loss) for the period9904€0.003m-€0.02m▼
Profit (loss) for the period to be appropriated9905€0.003m-€0.02m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.003m-€0.02m▼
Transfer from equity791/2-€0.3m
Transfer to equity691/2€0.003m€0▼
To the legal reserve6920-€0
To other reserves6921€0.003m-
Profit to be distributed694/7-€0.3m
Return on contributions (dividend)694-€0.3m

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€200,279€200,279€200,279€200,279€200,279€200,278€200,279€200,279=
Other operating charges640/8---€94,900€97,133€103,148€107,020€108,362▲ 1.3%
Gross operating margin9900€252,860€257,752€260,649€260,116€262,155€264,526€269,416€270,834▲ 0.5%
Operating profit (loss)9901-€37,397-€33,555-€34,821-€35,063-€35,257-€38,901-€37,883-€37,807▲ 0.2%
Financial income75/76B---€4,507€12,121€67,539€78,419€49,268▼ 37.2%
Recurring financial income75€5,463€5,243€4,344€4,507€12,121€67,539€78,419€49,268▼ 37.2%
Financial charges65/66B----€45--€114-
Recurring financial charges65----€45--€114-
Profit (loss) for the period before taxes9903-€31,934-€28,313-€30,477-€30,556-€23,181€28,638€40,536€11,346▼ 72.0%
Income taxes67/77€21,493€22,636€18,554€18,533€20,501€35,054€37,573€29,716▼ 20.9%
Profit (loss) for the period9904-€53,427-€50,949-€49,031-€49,089-€43,682-€6,416€2,964-€18,369-
Profit (loss) for the period to be appropriated9905-€53,427-€50,949-€49,031-€49,089-€43,682-€6,416€2,964-€18,369-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€2.9m€2.6m€2.5m€2.3m€2.3m€2.3m€2.1m€1.8m▼ 15.1%
Fixed assets21/28€1.4m€1.2m€1.0m€0.8m€0.6m€0.4m€0.2m€0.04m▼ 83.0%
Tangible fixed assets22/27€1.4m€1.2m€1.0m€0.8m€0.6m€0.4m€0.2m€0.04m▼ 83.0%
Land and buildings22---€0.8m€0.6m€0.4m€0.2m€0.04m▼ 83.0%
Current assets29/58€1.4m€1.3m€1.5m€1.5m€1.6m€1.9m€1.9m€1.8m▼ 6.5%
Amounts receivable within one year40/41€1.4m€1.3m€1.4m€1.4m€1.6m€1.9m€1.9m€1.7m▼ 10.2%
Other amounts receivable41---€1.4m€1.6m€1.9m€1.9m€1.7m▼ 10.2%
Cash at bank and in hand54/58€0.03m€0.03m€0.03m€0.09m€0.02m€0.02m€0.02m€0.08m▲ 417%
Equity and liabilities
Total equity and liabilities10/49€2.9m€2.6m€2.5m€2.3m€2.3m€2.3m€2.1m€1.8m▼ 15.1%
Equity10/15€2.6m€2.5m€2.4m€2.3m€2.3m€2.1m€2.1m€1.7m▼ 15.5%
Contributions10/11€1.7m€1.7m-€1.7m€1.7m€1.7m€1.7m€1.7m=
Revaluation surpluses12---€0.4m€0.3m€0.2m€0.1m€0▼ 100%
Reserves13€0.2m€0.3m€0.2m€0.3m€0.3m€0.2m€0.3m€0.09m▼ 70.7%
Non-distributable reserves130/1---€0.2m€0.2m----
Reserves not available under the articles1311---€0.2m€0.2m----
Distributable reserves133---€0.09m€0.1m€0.2m€0.3m€0.09m▼ 70.7%
Profit (loss) carried forward14€0.04m-€0.01m€0.04m----€0-
Amounts payable17/49€0.3m€0.05m€0.1m€0.04m€0.02m€0.3m€0.08m€0.07m▼ 5.9%
Amounts payable within one year42/48€0.3m€0.04m€0.1m€0.04m€0.02m€0.3m€0.07m€0.07m▼ 0.7%
Trade debts44€0.003m--€0.003m-€0.001m-€0.004m-
Suppliers440/4---€0.003m-€0.001m-€0.004m-
Taxes, remuneration and social security45---€0.04m€0.02m€0.06m€0.07m€0.07m▼ 6.4%
Taxes450/3---€0.04m€0.02m€0.06m€0.07m€0.07m▼ 6.4%
Other amounts payable47/48-----€0.2m---
Accrued charges and deferred income492/3---€0.003m€0.003m€0.004m€0.004m€0▼ 100%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€53,427-€50,949-€49,031-€49,089-€43,682-€6,416€2,964-€18,369-
+ Depreciation and write-downs630€200,279€200,279€200,279€200,279€200,279€200,278€200,279€200,279=
Operating cash flow (approximation)€146,852€149,330€151,248€151,190€156,597€193,862€203,243€181,910▼ 10.5%
Investment in fixed assets (approximation)-€0€0€0€0€0€0€0-
Change in cash-€1,920-€6,034€65,855-€75,260-€2,012€1,134€68,151▲ 5,909%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 18 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 06-08-2026 2026-00385602
31-12-2024 abbreviated format 28-06-2025 2025-00203044
31-12-2023 abbreviated format 27-06-2024 2024-00184540
31-12-2022 abbreviated format 06-06-2023 2023-00112260
31-12-2021 abbreviated format 03-06-2022 2022-20047696
31-12-2020 abbreviated format 27-05-2021 2021-15500176
31-12-2019 abbreviated format 09-06-2020 2020-15800104
31-12-2018 abbreviated format 27-05-2019 2019-14500010
31-12-2017 abbreviated format 04-06-2018 2018-16000265
31-12-2016 abbreviated format 23-05-2017 2017-13100359

Show all 18 filings

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