HPB BRUSSEL ARENBERG
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2024.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
NBB · annual accounts 2024Net result per financial year
2324
2023 to 2024 · latest year €52k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 11-02-2025, 78 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2024
78 d early
2023
8 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€58k▼ 45.3%
2023 · €106k
2023: €106k
2023 → 2024
Total assets
€659k▼ 25.4%
2023 · €884k
2023: €884k
2023 → 2024
Net result
€52k▼ 48.6%
2023 · €101k
2023: €101k
2023 → 2024
Working capital
€15k▼ 82.9%
2023 · €86k
2023: €86k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€106k-€58k▼ 45.3%
Operating result€130k-€71k▼ 45.3%
Net result€101k-€52k▼ 48.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 45% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €659k
Fixed assets
€48k▼ 15.2%
Current assets
€611k▼ 26.1%
Equity and liabilities €659k
Equity
€58k▼ 45.3%
Debt
€601k▼ 22.7%
The debt ratio rises from 88.0% to 91.2%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€84k▼
2023 · €143k
Cash flow
€64k▼
2023 · €113k
Solvency
8.8%▼
2023 · 12.0%
Current ratio
1.02▼
2023 · 1.12
Quick ratio
1.02▼
2023 · 1.11
Debt / equity
10.36▲
2023 · 7.33
ROE
89.5%▼
2023 · 95.3%
ROA
7.9%▼
2023 · 11.4%
Interest coverage
225.75▼
2023 · 336.63
Debt
€601k▼
2023 · €778k
Debt ≤ 1 year
€596k▼
2023 · €740k
Income taxes
€19k▼
2023 · €35k
Staff costs
€310k▼
2023 · €327k
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€884k€659k▼
Fixed assets21/28€57k€48k▼
Tangible fixed assets22/27€57k€48k▼
Plant, machinery and equipment23€19k€15k▼
Other tangible fixed assets26€39k€33k▼
Current assets29/58€827k€611k▼
Stocks and contracts in progress3€3k-
Stocks30/36€3k-
Amounts receivable within one year40/41€821k€598k▼
Trade receivables40€18k€6k▼
Other amounts receivable41€803k€592k▼
Cash at bank and in hand54/58€2k€13k▲
Deferred charges and accrued income490/1€433€197▼
Equity and liabilities
Total equity and liabilities10/49€884k€659k▼
Equity10/15€106k€58k▼
Contributions10/11€5k€5k=
Reserves13€101k€53k▼
Distributable reserves133€101k€53k▼
Amounts payable17/49€778k€601k▼
Amounts payable within one year42/48€740k€596k▼
Financial debts43€3k-
Credit institutions430/8€3k-
Trade debts44€683k€543k▼
Suppliers440/4€683k€543k▼
Taxes, remuneration and social security45€55k€53k▼
Taxes450/3€33k€30k▼
Remuneration and social security454/9€22k€23k▲
Other amounts payable47/48-€460
Accrued charges and deferred income492/3€37k€5k▼
Income statement
Code20232024
Remuneration, social security and pensions62€327k€310k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▼
Other operating charges640/8€3k€4k▲
Non-recurring operating charges66A-€19k
Gross operating margin9900€473k€416k▼
Operating profit (loss)9901€130k€71k▼
Financial income75/76B€6k€0▼
Recurring financial income75€6k€0▼
Financial charges65/66B€424€370▼
Recurring financial charges65€424€370▼
Profit (loss) for the period before taxes9903€136k€71k▼
Income taxes67/77€35k€19k▼
Profit (loss) for the period9904€101k€52k▼
Profit (loss) for the period to be appropriated9905€101k€52k▼
Appropriation of the result
Profit (loss) to be appropriated9906€101k€52k▼
Transfer from equity791/2-€48k
Transfer to equity691/2€101k-
To other reserves6921€101k-
Profit to be distributed694/7-€100k
Return on contributions (dividend)694-€100k
Social balance
Average headcount (FTE)90876.56.4▼
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
2025
11-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-10
State Gazette act
General meeting · Merger
Accounting effect · Power of attorney
08-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 8 days late
State Gazette actNBB filing
Structure & network
Acquisitions and mergers
1 transactionTaken over by:Hawaiian Ops BE