HORMESE
ActiveHORMESE has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €208k and a net result of €33k. Equity is growing by ~24.7% per year across the filed fiscal years. Its solvency ranks better than 40% of 8601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+14
Solvency66▲+8
Growth52=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.97 against 1.68 in 2024; short-term debt: 8.6% and cash: 1.6% of total assets), but 58.9% 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
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 →
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
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
41.1%
Return on assets
6.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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 · 4 filingsDeviation from the deadline
2025
12 d late
2024
31 d early
2023
26 d late
2022
17 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€208k▲ 19.2%
2024 · €174k
2022: €67k
2023: €152k
2024: €174k
2022 → 2025
Total assets
€506k▼ 4.6%
2024 · €531k
2022: €109k
2023: €522k
2024: €531k
2022 → 2025
Net result
€33k▲ 47.3%
2024 · €23k
2022: €64k
2023: €85k
2024: €23k
2022 → 2025
Working capital
€85k▲ 48.4%
2024 · €57k
2022: €64k
2023: €62k
2024: €57k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€67k-€152k▲ 128%€174k▲ 15.0%€208k▲ 19.2%
Operating result€80k-€103k▲ 28.1%€36k▼ 64.5%€48k▲ 33.2%
Net result€64k-€85k▲ 33.7%€23k▼ 73.3%€33k▲ 47.3%
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 recovers in 2025; 2025 is 33% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €506k
Fixed assets
€378k▼ 2.7%
Current assets
€129k▼ 9.8%
Equity and liabilities €506k
Equity
€208k▲ 19.2%
Debt
€298k▼ 16.3%
The debt ratio falls from 67.1% to 58.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▲
2024 · €49k
Cash flow
€44k▲
2024 · €36k
Solvency
41.1%▲
2024 · 32.9%
Current ratio
2.97▲
2024 · 1.68
Quick ratio
2.97▲
2024 · 1.68
Debt / equity
1.44▼
2024 · 2.04
ROE
16.1%▲
2024 · 13.0%
ROA
6.6%▲
2024 · 4.3%
Interest coverage
5.30▲
2024 · 3.97
Debt
€298k▼
2024 · €356k
Debt ≤ 1 year
€43k▼
2024 · €85k
Debt > 1 year
€255k▼
2024 · €271k
Income taxes
€9k▲
2024 · €6k
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€531k€506k▼
Fixed assets21/28€388k€378k▼
Tangible fixed assets22/27€388k€378k▼
Land and buildings22€387k€377k▼
Plant, machinery and equipment23€401€191▼
Furniture and vehicles24€645-
Current assets29/58€143k€129k▼
Amounts receivable after more than one year29€70k€100k▲
Other amounts receivable291€70k€100k▲
Amounts receivable within one year40/41€46k€19k▼
Trade receivables40€16k€15k▼
Other amounts receivable41€30k€4k▼
Cash at bank and in hand54/58€26k€8k▼
Deferred charges and accrued income490/1€999€1k▲
Equity and liabilities
Total equity and liabilities10/49€531k€506k▼
Equity10/15€174k€208k▲
Contributions10/11€3k€3k=
Capital10€3k€3k=
Issued capital100€3k€3k=
Reserves13€300€300=
Non-distributable reserves130/1€300€300=
Legal reserve130€300€300=
Profit (loss) carried forward14€171k€205k▲
Amounts payable17/49€356k€298k▼
Amounts payable after more than one year17€271k€255k▼
Financial debts170/4€271k€255k▼
Amounts payable within one year42/48€85k€43k▼
Current portion of amounts payable after more than one year42€16k€16k▲
Trade debts44€6k€2k▼
Suppliers440/4€6k€2k▼
Taxes, remuneration and social security45€38k€25k▼
Taxes450/3€38k€25k▼
Other amounts payable47/48€26k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€11k▼
Other operating charges640/8€118€166▲
Gross operating margin9900€49k€59k▲
Operating profit (loss)9901€36k€48k▲
Financial income75/76B€5k€6k▲
Recurring financial income75€5k€6k▲
Financial charges65/66B€12k€11k▼
Recurring financial charges65€12k€11k▼
Profit (loss) for the period before taxes9903€29k€43k▲
Income taxes67/77€6k€9k▲
Profit (loss) for the period9904€23k€33k▲
Profit (loss) for the period to be appropriated9905€23k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€171k€205k▲
Profit (loss) brought forward from the previous period14P€148k€171k▲
The notes to these accounts (6 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
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 12 days late
2025
31-12
Financial
Equity above €200kEq €208k ▲19.2%
4 profitable years in a row build equity to €208k.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €23k ▼73.3%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Highest result since 2022net €85k ▲33.7%
Operating result €103k, net result €85k, both a record.
31-12
Financial
Equity above €150kEq €152k ▲128%
2 profitable years in a row build equity to €152k.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2022
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.
Waterfordstraat 292600 AntwerpenGround area
323 m²
Building footprint
120 m²
Volume, LiDAR
997 m³
Parcel 11003A0117/00A002, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HORMESE
since 20222.326.006.055
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003A0117/00A002 | Flanders | 323 m² | 1 · 120 m² | 12.3 m · 3 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 82,524 companies in sector 70200 we hold annual accounts for 52,566. 39,711 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-01-2022
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
46180Agents specialised in the wholesale of other particular products
62020IT consultancy
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.