HOUBEN RED
ActiveSummary
HOUBEN RED has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-60k) and a net result of €-112k. Equity is shrinking by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 12% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▼-8
Solvency23▼-4
Growth32▼-26
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.36 against 1.02 in 2024; short-term debt: 42.3% and cash: 1.9% of total assets), but equity is negative.
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 · 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 · 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 →
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 2025Solvency, return and age of the figures
Solvency
-1.7%
Return on assets
-3.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-60k
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 15-07-2026, 16 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
16 d early
2024
22 d early
2023
6 d early
2022
18 d early
2021
13 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-112k▼ 5,868%
2024 · €-2k
2021: €-2k
2022: €-3k
2023: €-2k
2024: €-2k
2021 → 2025
Working capital
€1.97M▲ 3,661%
2024 · €52k
2021: €59k
2022: €26k
2023: €54k
2024: €52k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€59k-€57k▼ 4.6%€54k▼ 4.1%€52k▼ 3.5%€-60k
Operating result€-2k-€-3k▼ 25.9%€-2k▲ 14.3%€-2k▲ 19.2%€-79k▼ 4,138%
Net result€-2k-€-3k▼ 26.4%€-2k▲ 15.2%€-2k▲ 19.2%€-112k▼ 5,868%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €79k in 2025 against €2k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
Assets €3.42M
Fixed assets
€3k
Current assets
€3.42M
Key figures and ratios
Solvency
-1.7%▼
2024 · 1.5%
Current ratio
2.36▲
2024 · 1.02
Quick ratio
1.43▲
2024 · 0.02
Debt to equity
-58.47▼
2024 · 64.36
ROA
-3.3%▼
2024 · -0.1%
Debt
€3.48M▲
2024 · €3.37M
Debt ≤ 1 year
€1.45M▼
2024 · €3.37M
Debt > 1 year
€2.03M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.42M€3.42M▼
Fixed assets21/28-€3k
Financial fixed assets28-€3k
Current assets29/58€3.42M€3.42M▼
Stocks and contracts in progress3€3.37M€1.34M▼
Stocks30/36€3.37M€1.34M▼
Amounts receivable within one year40/41€3k€2.01M▲
Trade receivables40-€2k
Other amounts receivable41€3k€2.01M▲
Cash at bank and in hand54/58€56k€64k▲
Equity and liabilities
Total equity and liabilities10/49€3.42M€3.42M▼
Equity10/15€52k€-60k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Profit (loss) carried forward14€-9k€-121k▼
Amounts payable17/49€3.37M€3.48M▲
Amounts payable after more than one year17-€2.03M
Financial debts170/4-€2.03M
Amounts payable within one year42/48€3.37M€1.45M▼
Financial debts43€1.81M€561k▼
Credit institutions430/8€1.81M€561k▼
Trade debts44€413k€535k▲
Suppliers440/4€413k€535k▲
Advances received on contracts in progress46€1.07M€0▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€80k€352k▲
Income statement
Code20242025
Other operating charges640/8€449€1k▲
Gross operating margin9900€-1k€-78k▼
Operating profit (loss)9901€-2k€-79k▼
Financial charges65/66B-€32k
Recurring financial charges65-€32k
Profit (loss) for the period before taxes9903€-2k€-112k▼
Profit (loss) for the period9904€-2k€-112k▼
Profit (loss) for the period to be appropriated9905€-2k€-112k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-121k▼
Profit (loss) brought forward from the previous period14P€-7k€-9k▼
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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-112k
Net result drops to €-112k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 2.36
Current ratio from 1.02 to 2.36; short-term debt falls from €3.37M to €1.45M.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
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, Hasselt · 1 establishment unit since 2021
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.
Prins-Bisschopssingel 363500 HasseltGround area
4,286 m²
Building footprint
1,632 m²
Volume, LiDAR
16,807 m³
Parcel 71324E0464/00A002, Flanders · tallest building 15.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HOUBEN RED
since 20212.313.444.852
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71324E0464/00A002 | Flanders | 4,286 m² | 1 · 1,632 m² | 15.8 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.
Similar companies · same sector, comparable size
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IMMODELL
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OUD BEGIJNHOF
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Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,040 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.