HORMIGON.BE
ActiveHORMIGON.BE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €337k and a net result of €50k. Equity is growing by ~28.7% per year across the filed fiscal years. Its solvency ranks better than 67% of 14009 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+1
Solvency77▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 20.06 against 10.73 in 2024; short-term debt: 4.6% and cash: 17.9% of total assets), and 48% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
52%
Return on assets
7.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2024
14 d late
2023
5 d early
2022
24 d late
2021
on the day
2020
3 d early
2019
24 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€337k▲ 17.4%
2024 · €287k
2019: €33k
2020: €68k
2021: €138k
2022: €181k
2023: €249k
2024: €287k
2019 → 2025
Total assets
€649k▲ 8.3%
2024 · €599k
2019: €301k
2020: €323k
2021: €453k
2022: €512k
2023: €569k
2024: €599k
2019 → 2025
Net result
€50k▲ 32.4%
2024 · €38k
2019: €26k
2020: €35k
2021: €58k
2022: €43k
2023: €68k
2024: €38k
2019 → 2025
Working capital
€564k▲ 84.5%
2024 · €305k
2019: €258k
2020: €292k
2021: €141k
2022: €197k
2023: €270k
2024: €305k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€138k-€181k▲ 31.5%€249k▲ 37.7%€287k▲ 15.1%€337k▲ 17.4%
Operating result€56k-€52k▼ 7.8%€85k▲ 63.5%€53k▼ 37.5%€60k▲ 12.3%
Net result€58k-€43k▼ 24.9%€68k▲ 57.6%€38k▼ 44.7%€50k▲ 32.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 12% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €649k
Fixed assets
€56k▼ 78.7%
Current assets
€593k▲ 76.1%
Equity and liabilities €649k
Equity
€337k▲ 17.4%
Debt
€312k▼ 0.1%
The debt ratio falls from 52.1% to 48.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€73k▲
2024 · €65k
Cash flow
€63k▲
2024 · €50k
Solvency
52.0%▲
2024 · 47.9%
Current ratio
20.06▲
2024 · 10.73
Quick ratio
19.31▲
2024 · 10.73
Debt / equity
0.92▼
2024 · 1.09
ROE
14.8%▲
2024 · 13.2%
ROA
7.7%▲
2024 · 6.3%
Interest coverage
120.14▼
2024 · 125.25
Debt
€312k▼
2024 · €312k
Debt ≤ 1 year
€30k▼
2024 · €31k
Debt > 1 year
€281k▲
2024 · €279k
Income taxes
€17k▼
2024 · €19k
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€599k€649k▲
Fixed assets21/28€263k€56k▼
Tangible fixed assets22/27€61k€56k▼
Plant, machinery and equipment23€1k€8k▲
Furniture and vehicles24€12k€9k▼
Other tangible fixed assets26€47k€39k▼
Financial fixed assets28€202k€250▼
Current assets29/58€337k€593k▲
Amounts receivable after more than one year29€200k€397k▲
Other amounts receivable291€200k€397k▲
Stocks and contracts in progress3-€22k
Stocks30/36-€22k
Amounts receivable within one year40/41€75k€48k▼
Trade receivables40€38k€30k▼
Other amounts receivable41€37k€18k▼
Cash at bank and in hand54/58€50k€116k▲
Deferred charges and accrued income490/1€12k€10k▼
Equity and liabilities
Total equity and liabilities10/49€599k€649k▲
Equity10/15€287k€337k▲
Contributions10/11€19k€19k=
Reserves13€269k€319k▲
Distributable reserves133€269k€319k▲
Amounts payable17/49€312k€312k▼
Amounts payable after more than one year17€279k€281k▲
Financial debts170/4€279k€281k▲
Amounts payable within one year42/48€31k€30k▼
Financial debts43€8k€10k▲
Credit institutions430/8€8k€10k▲
Trade debts44€22k€19k▼
Suppliers440/4€22k€19k▼
Taxes, remuneration and social security45€106€99▼
Taxes450/3€106€99▼
Other amounts payable47/48€2k€955▼
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€487€393▼
Gross operating margin9900€65k€73k▲
Operating profit (loss)9901€53k€60k▲
Financial income75/76B€4k€8k▲
Recurring financial income75€4k€8k▲
Financial charges65/66B€518€607▲
Recurring financial charges65€518€607▲
Profit (loss) for the period before taxes9903€57k€67k▲
Income taxes67/77€19k€17k▼
Profit (loss) for the period9904€38k€50k▲
Profit (loss) for the period to be appropriated9905€38k€50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€50k▲
Transfer to equity691/2€38k€50k▲
To other reserves6921€38k€50k▲
The notes to these accounts (8 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
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €68k ▲57.6%
Operating result €85k, net result €68k, both a record.
30-06
Financial
Equity above €200kEq €249k ▲37.7%
5 profitable years in a row build equity to €249k.
24-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
30-06
Financial
Equity above €150kEq €181k ▲31.5%
4 profitable years in a row build equity to €181k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €100kEq €138k ▲104%
3 profitable years in a row build equity to €138k.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 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, Grimbergen · 1 establishment unit since 2017
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.
Hendrik Drapsstraat 441853 GrimbergenGround area
145 m²
Building footprint
145 m²
Volume, LiDAR
1,407 m³
Parcel 23084A0538/00W000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hendrik Drapsstraat 44, 1853 Grimbergen
since 20172.270.911.243
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0538/00W000 | Flanders | 145 m² | 1 · 145 m² | 10.9 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 624 EUR awarded · 624 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 63 EUR | 63 EUR |
| 2023 | 1 | 561 EUR | 561 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,766 companies in sector 68321 we hold annual accounts for 1,390. 958 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-12-2017
Fiscal year end30-06
Activities, NACEBEL
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.