HPD
InactiveFrom the official registers: KBO 29 annual accounts at the National Bank publications in the Belgian Official Gazette
Financials · financial year 2024, micro format
Latest annual accounts filed
Annual accounts 2024
- Financial year ended
- 31-12-2024
- Filed on
- 30-06-2025
- Format
- micro format
- Reference
- 2025-00195406
Turnover
≈ €110,000
Estimated: probably between €49,000 and €260,000
Total assets
€151,737▼ 80.4%
2023 · €772,617
Net result
€1,987▼ 12.4%
2023 · €2,267
Working capital
€33,059▼ 94.1%
2023 · €561,102
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result stays negative: a loss of €733 in 2024 against €999 in 2023; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€733
2024
Net result€1,987
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€151,737
2024
Equity€33,059
2024
Debt€118,678
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€33,059
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result-€253,102--€28,947▲ 88.6%-€58,826▼ 103%-€67,494▼ 14.7%€1,577-€999-€733▲ 26.7%
Net result-€260,399-€247,442-€56,953-€102,436▼ 79.9%€3,368€2,267▼ 32.7%€1,987▼ 12.4%
Equity€642,436-€889,878▲ 38.5%€853,449▼ 4.1%€751,014▼ 12.0%€754,381▲ 0.4%€756,648▲ 0.3%€33,059▼ 95.6%
Total assets€859,132-€939,249▲ 9.3%€868,914▼ 7.5%€763,128▼ 12.2%€780,613▲ 2.3%€772,617▼ 1.0%€151,737▼ 80.4%
Debt€216,697-€49,371▼ 77.2%€15,465▼ 68.7%€12,115▼ 21.7%€26,232▲ 117%€15,969▼ 39.1%€118,678▲ 643%
Working capital€43,943-€339,382▲ 672%€635,531▲ 87.3%€540,213▼ 15.0%€551,586▲ 2.1%€561,102▲ 1.7%€33,059▼ 94.1%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €151,737
Equity
€33,059 ▼ 95.6%
Debt
€118,678 ▲ 643%
Debt's share of the balance-sheet total rises from 2.1% to 78.2%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.28▼
2023 · 36.14
Debt to equity
3.59▲
2023 · 0.02
ROE
6.0%▲
2023 · 0.3%
ROA
1.3%▲
2023 · 0.3%
Debt ≤ 1 year
€118,678▲
2023 · €15,969
Income taxes
€195▲
2023 · €162
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €40,455 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,807 | €16,729 | €10,448 | €7,103 | €8,006 | €3,636 | - | - |
| Other operating charges640/8 | - | - | - | €4,652 | €1,110 | €1,531 | €14,615 | ▲ 854% |
| Gross operating margin9900 | -€228,480 | -€9,162 | -€31,677 | -€55,739 | €10,693 | €4,169 | €13,882 | ▲ 233% |
| Operating profit (loss)9901 | -€253,102 | -€28,947 | -€58,826 | -€67,494 | €1,577 | -€999 | -€733 | ▲ 26.7% |
| Financial income75/76B | - | - | - | €3,940 | €7,703 | €5,175 | €33,572 | ▲ 549% |
| Recurring financial income75 | €10,551 | €23,212 | €8,466 | €3,940 | €7,703 | €5,175 | €33,572 | ▲ 549% |
| Financial charges65/66B | - | - | - | €3,352 | €5,541 | €1,746 | €30,658 | ▲ 18× |
| Recurring financial charges65 | €1,984 | €2,207 | €6,248 | €3,352 | €5,541 | €1,746 | €30,658 | ▲ 18× |
| Profit (loss) for the period before taxes9903 | -€244,535 | €263,484 | -€56,608 | -€66,906 | €3,739 | €2,429 | €2,182 | ▼ 10.2% |
| Income taxes67/77 | €15,864 | €16,042 | €345 | €35,530 | €371 | €162 | €195 | ▲ 20.1% |
| Profit (loss) for the period9904 | -€260,399 | €247,442 | -€56,953 | -€102,436 | €3,368 | €2,267 | €1,987 | ▼ 12.4% |
| Transfer from tax-exempt reserves789 | - | - | - | €155,000 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€260,399 | €309,442 | -€56,953 | €52,565 | €3,368 | €2,267 | €1,987 | ▼ 12.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €859,132 | €939,249 | €868,914 | €763,128 | €780,613 | €772,617 | €151,737 | ▼ 80.4% |
| Fixed assets21/28 | €599,092 | €550,496 | €217,918 | €210,801 | €202,795 | €195,545 | - | - |
| Tangible fixed assets22/27 | €424,303 | €401,496 | €216,918 | €209,801 | €201,795 | €194,545 | - | - |
| Land and buildings22 | - | - | - | €201,818 | €198,182 | €194,545 | - | - |
| Plant, machinery and equipment23 | - | - | - | €1,631 | €1,252 | - | - | - |
| Furniture and vehicles24 | - | - | - | €6,351 | €2,361 | - | - | - |
| Financial fixed assets28 | €174,789 | €149,000 | €1,000 | €1,000 | €1,000 | €1,000 | - | - |
| Current assets29/58 | €260,040 | €388,752 | €650,995 | €552,327 | €577,818 | €577,072 | €151,737 | ▼ 73.7% |
| Amounts receivable within one year40/41 | €198,938 | €197,142 | €97,836 | €56,095 | €24,351 | €86,483 | €151,737 | ▲ 75.5% |
| Trade receivables40 | - | - | - | €36,636 | €2,987 | €62,500 | - | - |
| Other amounts receivable41 | - | - | - | €19,458 | €21,364 | €23,983 | €151,737 | ▲ 533% |
| Current investments50/53 | €23,649 | €8,218 | €131,902 | €378,497 | €373,576 | €473,576 | - | - |
| Cash at bank and in hand54/58 | €20,149 | €147,413 | €392,187 | €117,736 | €167,564 | €13,847 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €12,327 | €3,165 | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €859,132 | €939,249 | €868,914 | €763,128 | €780,613 | €772,617 | €151,737 | ▼ 80.4% |
| Equity10/15 | €642,436 | €889,878 | €853,449 | €751,014 | €754,381 | €756,648 | €33,059 | ▼ 95.6% |
| Contributions10/11 | €20,000 | €20,000 | - | €38,600 | €38,600 | €38,600 | €38,600 | = |
| Reserves13 | €622,436 | €869,878 | €814,849 | €712,414 | €715,781 | €718,048 | €357,035 | ▼ 50.3% |
| Distributable reserves133 | - | - | - | €712,414 | €715,781 | €718,048 | €357,035 | ▼ 50.3% |
| Advance to shareholders on the distribution of net assets19 | - | - | - | - | - | - | €362,576 | - |
| Amounts payable17/49 | €216,697 | €49,371 | €15,465 | €12,115 | €26,232 | €15,969 | €118,678 | ▲ 643% |
| Amounts payable within one year42/48 | €216,097 | €49,371 | €15,465 | €12,115 | €26,232 | €15,969 | €118,678 | ▲ 643% |
| Trade debts44 | €3,045 | €4,210 | €2,866 | €843 | €2,059 | €8,406 | €9,778 | ▲ 16.3% |
| Suppliers440/4 | - | - | - | €843 | €2,059 | €8,406 | €9,778 | ▲ 16.3% |
| Taxes, remuneration and social security45 | - | - | - | €5,497 | - | - | €108,900 | - |
| Taxes450/3 | - | - | - | €5,497 | - | - | €108,900 | - |
| Other amounts payable47/48 | - | - | - | €5,775 | €24,173 | €7,564 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€260,399 | €247,442 | -€56,953 | -€102,436 | €3,368 | €2,267 | €1,987 | ▼ 12.4% |
| + Depreciation and write-downs630 | €22,807 | €16,729 | €10,448 | €7,103 | €8,006 | €3,636 | - | - |
| Operating cash flow (approximation) | -€237,592 | €264,171 | -€46,505 | -€95,332 | €11,373 | €5,903 | €1,987 | ▼ 66.3% |
| Investment in fixed assets (approximation) | - | €31,867 | €322,129 | €14 | €0 | €3,613 | - | - |
| Change in cash | - | €127,265 | €244,774 | -€274,451 | €49,828 | -€153,717 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 30-06-2025 | 2025-00195406 | |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00182250 | |
| 31-12-2022 | micro format | 19-07-2023 | 2023-00250451 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20369151 | |
| 31-12-2020 | micro format | 28-06-2021 | 2021-25800137 | |
| 31-12-2019 | abbreviated format | 23-06-2020 | 2020-20800420 | |
| 31-12-2018 | abbreviated format | 29-08-2019 | 2019-56200453 | |
| 31-12-2017 | abbreviated format | 27-08-2018 | 2018-53600092 | |
| 31-12-2016 | micro format | 28-06-2017 | 2017-23400349 | |
| 31-12-2015 | abbreviated format | 28-06-2016 | 2016-25200434 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.