HPO
Bankruptcy closedHPO was declared bankrupt on 19-09-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 21-05-2024, published in the Belgian State Gazette on 30-05-2024. The 2017 annual accounts show equity of €3k and a net result of €-15k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 31-08-2018, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Financials · fiscal year 2017, micro schema
Equity
€3k▼ 82.7%
2016 · €19k
2013: €43k
2014: €32k
2015: €27k
2016: €19k
2013 → 2017
Total assets
€5k▼ 73.9%
2016 · €19k
2013: €50k
2014: €33k
2015: €27k
2016: €19k
2013 → 2017
Net result
€-15k▼ 96.1%
2016 · €-8k
2013: €-2k
2014: €-11k
2015: €-6k
2016: €-8k
2013 → 2017
Working capital
€3k▼ 79.3%
2016 · €16k
2013: €42k
2014: €27k
2015: €23k
2016: €16k
2013 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20132014201520162017Trend
Equity€43k-€32k▼ 25.8%€27k▼ 17.6%€19k▼ 29.6%€3k▼ 82.7%
Operating result€-2k-€-11k▼ 441%€-6k▲ 49.9%€-9k▼ 66.2%€-15k▼ 64.4%
Net result€-2k-€-11k▼ 402%€-6k▲ 49.5%€-8k▼ 39.0%€-15k▼ 96.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15k in 2017 against €9k in 2016; the loss grows and 2017 has the lowest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Equity and liabilities €5k
Equity
€3k▼ 82.7%
Debt
€2k▲ 6,847%
The debt ratio rises from 0.1% to 33.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-13k▼
2016 · €-8k
Cash flow
€-13k▼
2016 · €-7k
Debt
€2k▲
2016 · €23
Debt ≤ 1 year
€2k▲
2016 · €23
Ratios withheld: a balance sheet total of €5k is too small for a meaningful ratio.
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 · 2017 against 2016
Balance sheet
Code20162017
Assets
Total assets20/58€19k€5k▼
Fixed assets21/28€3k-
Tangible fixed assets22/27€3k-
Current assets29/58€16k€5k▼
Amounts receivable within one year40/41€5k€2k▼
Current investments50/53€10k-
Cash at bank and in hand54/58€174€3k▲
Equity and liabilities
Total equity and liabilities10/49€19k€5k▼
Equity10/15€19k€3k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Profit (loss) carried forward14€11k€-5k▼
Amounts payable17/49€23€2k▲
Amounts payable within one year42/48€23€2k▲
Trade debts44€23€1k▲
Income statement
Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€947€3k▲
Gross operating margin9900€-8k€-11k▼
Operating profit (loss)9901€-9k€-15k▼
Recurring financial income75€2k-
Recurring financial charges65€550€7▼
Profit (loss) for the period before taxes9903€-8k€-15k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-8k€-15k▼
Profit (loss) for the period to be appropriated9905€-8k€-15k▼
Timeline · acts, filings and financial milestones
2024
30-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · HPO SPRL avenue H. Conscience 95, 1140 EVERE. déclarée le 19 septembre 2022 · event 21-05-2024
2022
26-09
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · HPO SPRL AV. H. CONSCIENCE 95, 1140 EVERE · event 19-09-2022
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-12
Financial
Liquidity times 5current ratio 666.67
Current ratio from 147.70 to 666.67; short-term debt falls from €154 to €23.
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-12
Financial
Liquidity times 5current ratio 147.70
Current ratio from 31.44 to 147.70; short-term debt falls from €880 to €154.
27-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
31-12
Financial
Liquidity quadruplescurrent ratio 31.44
Current ratio from 7.04 to 31.44; short-term debt falls from €7k to €880.
03-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
12-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 12 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Evere · 1 establishment unit since 2018
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.
H. Consciencelaan 951140 EvereGround area
166 m²
Building footprint
154 m²
Volume, LiDAR
2,313 m³
2 parcels, Brussels · tallest building 19.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Pause Café
since 20182.274.621.987
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21904B0527/00W000 | Brussels | 93 m² | 1 · 87 m² | 19.6 m · 6 fl. |
| 21372D0247/00P008 | Brussels | 73 m² | 1 · 67 m² | 14.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Catherine HERINCKX AVENUE DU CONGO 1,
1050 BRUXELLES 5 |
19-09-2022 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-11-2011
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.