HOUGOU is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €392.42M and a net result of €-380k. Equity is shrinking by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 85% of 2777 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
14 d early
2023
63 d late
2022
71 d late
2021
75 d late
2020
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, consolidated, statutory
Equity
€392.42M▼ 0.1%
2023 · €392.80M
2018: €500.05M
2019: €487.52M
2020: €436.20M
2021: €443.12M
2022: €395.41M
2023: €392.80M
2018 → 2024
Net result
€-380k▲ 85.5%
2023 · €-2.61M
2018: €-43.43M
2019: €-12.53M
2020: €-51.33M
2021: €6.92M
2022: €-4.68M
2023: €-2.61M
2018 → 2024
Total assets
€413.85M▼ 4.8%
2023 · €434.82M
2018: €695.95M
2019: €592.26M
2020: €475.92M
2021: €511.69M
2022: €455.98M
2023: €434.82M
2018 → 2024
Solvency
94.8%▲ 4.5pp
2023 · 90.3%
2018: 71.9%
2019: 82.3%
2020: 91.7%
2021: 86.6%
2022: 86.7%
2023: 90.3%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€474k-€871k▲ 83.6%€3.44M▲ 296%€1.04M▼ 69.8%€946k▼ 8.9%
Equity€436.20M-€443.12M▲ 1.6%€395.41M▼ 10.8%€392.80M▼ 0.7%€392.42M▼ 0.1%
Operating result€-1.33M-€-1.61M▼ 20.7%€1.67M€-903k€-1.59M▼ 76.1%
Net result€-51.33M-€6.92M€-4.68M€-2.61M▲ 44.1%€-380k▲ 85.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.59M in 2024 against €903k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €413.85M
Fixed assets
€381.86M▼ 3.9%
Current assets
€31.99M▼ 15.0%
Equity and liabilities €413.85M
Equity
€392.42M▼ 0.1%
Provisions
€400k
Debt
€21.04M▼ 49.9%
The debt ratio falls from 9.7% to 5.1%. Equity and debt are lower.
Key figures and ratios
Solvency
94.8%▲
2023 · 90.3%
ROE
-0.1%▲
2023 · -0.7%
ROA
-0.1%▲
2023 · -0.6%
Debt
€21.04M▼
2023 · €42.02M
Debt ≤ 1 year
€21.04M▼
2023 · €41.70M
Staff costs
€274k▲
2023 · €207k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€434.82M€413.85M▼
Fixed assets21/28€397.16M€381.86M▼
Tangible fixed assets22/27€3k€4k▲
Furniture and vehicles24€3k€4k▲
Financial fixed assets28€397.16M€381.86M▼
Affiliated companies280/1€327.15M€381.44M▲
Participating interests280€327.15M€327.15M=
Amounts receivable281-€54.29M
Other financial fixed assets284/8€70.01M€416k▼
Shares284€436k€416k▼
Amounts receivable and cash guarantees285/8€69.57M-
Current assets29/58€37.65M€31.99M▼
Amounts receivable within one year40/41€31.88M€21.14M▼
Trade receivables40€4.42M€4.44M▲
Other amounts receivable41€27.46M€16.70M▼
Cash at bank and in hand54/58€5.77M€10.85M▲
Equity and liabilities
Total equity and liabilities10/49€434.82M€413.85M▼
Equity10/15€392.80M€392.42M▼
Contributions10/11€393.00M€393.00M=
Capital10€393.00M€393.00M=
Issued capital100€393.00M€393.00M=
Reserves13€506k€506k=
Non-distributable reserves130/1€506k€506k=
Legal reserve130€506k€506k=
Profit (loss) carried forward14€-711k€-1.09M▼
Provisions and deferred taxes16-€400k
Provisions for liabilities and charges160/5-€400k
Other liabilities and charges164/5-€400k
Amounts payable17/49€42.02M€21.04M▼
Amounts payable within one year42/48€41.70M€21.04M▼
Financial debts43€11.04M€300k▼
Other loans439€11.04M€300k▼
Trade debts44€1.03M€954k▼
Suppliers440/4€1.03M€954k▼
Taxes, remuneration and social security45€38k€64k▲
Taxes450/3€7k€29k▲
Remuneration and social security454/9€31k€35k▲
Other amounts payable47/48€29.59M€19.72M▼
Accrued charges and deferred income492/3€321k-
Income statement
Code20232024
Operating income70/76A€1.06M€1.02M▼
Turnover70€1.04M€946k▼
Other operating income74€26k€76k▲
Operating charges60/66A€1.97M€2.61M▲
Services and other goods61€1.75M€1.94M▲
Remuneration, social security and pensions62€207k€274k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€746▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€400k
Other operating charges640/8€4k€980▼
Operating profit (loss)9901€-903k€-1.59M▼
Financial income75/76B€7.61M€2.55M▼
Recurring financial income75€4.59M€2.55M▼
Income from financial fixed assets750€633k€526▼
Income from current assets751€3.94M€2.55M▼
Other financial income752/9€18k€1k▼
Non-recurring financial income76B€3.02M-
Financial charges65/66B€9.32M€1.34M▼
Recurring financial charges65€7.79M€1.10M▼
Debt charges650€1.03M€913k▼
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€6.69M-
Other financial charges652/9€64k€184k▲
Non-recurring financial charges66B€1.53M€246k▼
Profit (loss) for the period before taxes9903€-2.61M€-380k▲
Income taxes67/77€503-
Taxes670/3€503-
Profit (loss) for the period9904€-2.61M€-380k▲
Profit (loss) for the period to be appropriated9905€-2.61M€-380k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-711k€-1.09M▼
Profit (loss) brought forward from the previous period14P€1.90M€-711k▼
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (52 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
20-02
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
06-01
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated · 63 days late
2024
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 63 days late
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated · 71 days late
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 71 days late
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated · 75 days late
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 75 days late
2021
31-12
Financial
Back to profitnet €6.92M
Net result €6.92M after 3 loss-making years.
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated · 90 days late
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 90 days late
2020
31-12
Financial
Weakest financial yearnet €-51.33M
Net result drops to €-51.33M, the lowest in the series; recovery starts the following year.
2019
31-12
Financial
Liquidity doublescurrent ratio 1.94
Current ratio from 0.88 to 1.94; short-term debt falls from €169.78M to €74.24M.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
27 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, Elsene · 1 establishment unit since 2011
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.
Louizalaan 2221050 ElseneGround area
1,034 m²
Building footprint
815 m²
Volume, LiDAR
15,532 m³
Parcel 21807G0121/00F008, Brussels · tallest building 35.9 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Louizalaan 222, 1050 Elsene
since 20112.199.928.128
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0121/00F008 | Brussels | 1,034 m² | 1 · 815 m² | 35.9 m · 9 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Group per the LEI register
6 subsidiaries, 6 abroadSubsidiary:EOLIANCE
Subsidiary:Zaka Investments L
Indirect subsidiary:VOSGES
Indirect subsidiary:Evok Collection L
Indirect subsidiary:145 CPN LLC
Indirect subsidiary:145 North Woods LLC
Recognitions · licences · registrations
Legal Entity Identifier
549300BWUHPDE8D8UI21
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 742 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-05-2011
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.