HPS+
ActiveSummary
HPS+ has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €187,505 and a net result of €1,007. Equity is growing by ~26.5% per year across the filed fiscal years. Its solvency ranks better than 63% of 36386 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability32▼-54
Solvency83▲+6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 3.52 against 2.8 in 2023; short-term debt: 18.1% and cash: 7.6% of total assets), and 42.2% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
85 d late
2021
256 d late
2019
98 d late
2018
54 d late
2017
48 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 100 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€187,505▲ 0.5%
2023 · €186,498
Total assets
€324,564▼ 9.0%
2023 · €356,535
Net result
€1,007▼ 97.9%
2023 · €48,003
Working capital
€148,199▲ 3.0%
2023 · €143,864
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202120232024
Operating result€32,271-€30,799▼ 4.6%€77,119-€65,663-€26,660▼ 59.4%
Net result€24,400-€19,569▼ 19.8%€58,240above the sector's middle half-€48,003above the sector's middle half-€1,007within the sector's middle half▼ 97.9%
Equity€23,134-€39,502▲ 70.8%€111,045within the sector's middle half-€186,498above the sector's middle half-€187,505above the sector's middle half▲ 0.5%
Total assets€285,854-€266,577▼ 6.7%€292,730within the sector's middle half-€356,535above the sector's middle half-€324,564above the sector's middle half▼ 9.0%
Debt€262,720-€227,075▼ 13.6%€181,684-€170,037-€137,059▼ 19.4%
Working capital-€15,906--€3,739▲ 76.5%€59,221within the sector's middle half-€143,864above the sector's middle half-€148,199above the sector's middle half▲ 3.0%
Solvency8.1%-14.8%▲ 6.7pp37.9%within the sector's middle half-52.3%within the sector's middle half-57.8%within the sector's middle half▲ 5.5pp
Current ratio0.73-0.94▲ 0.211.88within the sector's middle half-2.80within the sector's middle half-3.52above the sector's middle half▲ 0.72
Return on assets (ROA)8.5%-7.3%▼ 1.2pp19.9%above the sector's middle half-13.5%within the sector's middle half-0.3%within the sector's middle half▼ 13.2pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 59% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €324,564
Fixed assets
€117,616 ▼ 11.4%
Current assets
€206,948 ▼ 7.5%
Equity and liabilities €324,564
Equity
€187,505 ▲ 0.5%
Debt
€137,059 ▼ 19.4%
Debt's share of the balance-sheet total falls from 47.7% to 42.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€47,702▼
2023 · €86,474
Cash flow
€22,049▼
2023 · €68,814
Quick ratio
3.02▲
2023 · 2.40
Debt to equity
0.73▼
2023 · 0.91
ROE
0.5%▼
2023 · 25.7%
Interest coverage
1.51▼
2023 · 27.06
Debt ≤ 1 year
€58,750▼
2023 · €79,884
Debt > 1 year
€77,488▼
2023 · €90,152
Income taxes
€2,089▼
2023 · €20,384
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 10,905 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €25,000 | €292 | ▼ 98.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38,780 | €37,733 | €37,268 | €20,811 | €21,042 | ▲ 1.1% |
| Other operating charges640/8 | - | - | €2,504 | €2,648 | €2,140 | ▼ 19.2% |
| Non-recurring operating charges66A | - | - | €500 | - | €2,215 | - |
| Gross operating margin9900 | €73,302 | €71,497 | €117,390 | €89,121 | €52,057 | ▼ 41.6% |
| Operating profit (loss)9901 | €32,271 | €30,799 | €77,119 | €65,663 | €26,660 | ▼ 59.4% |
| Financial income75/76B | - | - | €1,962 | €5,921 | €7,979 | ▲ 34.8% |
| Recurring financial income75 | €0 | €12 | €1,962 | €5,921 | €7,979 | ▲ 34.8% |
| Financial charges65/66B | - | - | €4,846 | €3,196 | €31,543 | ▲ 887% |
| Recurring financial charges65 | €7,871 | €6,360 | €4,846 | €3,196 | €31,543 | ▲ 887% |
| Profit (loss) for the period before taxes9903 | €24,400 | €24,451 | €74,235 | €68,388 | €3,096 | ▼ 95.5% |
| Income taxes67/77 | - | €4,883 | €15,996 | €20,384 | €2,089 | ▼ 89.8% |
| Profit (loss) for the period9904 | €24,400 | €19,569 | €58,240 | €48,003 | €1,007 | ▼ 97.9% |
| Profit (loss) for the period to be appropriated9905 | €24,400 | €19,569 | €58,240 | €48,003 | €1,007 | ▼ 97.9% |
| Line | 2018 | 2019 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €285,854 | €266,577 | €292,730 | €356,535 | €324,564 | ▼ 9.0% |
| Fixed assets21/28 | €242,481 | €210,083 | €166,284 | €132,786 | €117,616 | ▼ 11.4% |
| Intangible fixed assets21 | €54,706 | €37,546 | €3,226 | - | - | - |
| Tangible fixed assets22/27 | €187,774 | €172,537 | €163,058 | €132,786 | €117,616 | ▼ 11.4% |
| Land and buildings22 | - | - | €149,848 | €117,759 | €101,715 | ▼ 13.6% |
| Plant, machinery and equipment23 | - | - | €5,413 | €3,895 | €7,433 | ▲ 90.8% |
| Furniture and vehicles24 | - | - | €5,965 | €9,792 | €7,374 | ▼ 24.7% |
| Other tangible fixed assets26 | - | - | €1,831 | €1,339 | €1,094 | ▼ 18.3% |
| Current assets29/58 | €43,373 | €56,494 | €126,446 | €223,748 | €206,948 | ▼ 7.5% |
| Stocks and contracts in progress3 | €23,428 | €31,165 | €44,468 | €31,943 | €29,323 | ▼ 8.2% |
| Stocks30/36 | - | - | €44,468 | €31,943 | €29,323 | ▼ 8.2% |
| Amounts receivable within one year40/41 | €375 | €1,672 | €50,879 | €128,801 | €151,398 | ▲ 17.5% |
| Trade receivables40 | - | - | €8,132 | €3,669 | €8,237 | ▲ 125% |
| Other amounts receivable41 | - | - | €42,747 | €125,132 | €143,161 | ▲ 14.4% |
| Cash at bank and in hand54/58 | €18,863 | €22,069 | €30,112 | €60,435 | €24,506 | ▼ 59.4% |
| Deferred charges and accrued income490/1 | - | - | €987 | €2,570 | €1,721 | ▼ 33.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €285,854 | €266,577 | €292,730 | €356,535 | €324,564 | ▼ 9.0% |
| Equity10/15 | €23,134 | €39,502 | €111,045 | €186,498 | €187,505 | ▲ 0.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €4,532 | €4,928 | €4,928 | €80,381 | €81,388 | ▲ 1.3% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | - | €3,068 | €3,068 | €3,068 | = |
| Distributable reserves133 | - | - | - | €75,453 | €76,459 | ▲ 1.3% |
| Profit (loss) carried forward14 | €2 | €15,974 | €87,517 | €87,517 | €87,517 | = |
| Amounts payable17/49 | €262,720 | €227,075 | €181,684 | €170,037 | €137,059 | ▼ 19.4% |
| Amounts payable after more than one year17 | €203,441 | €166,841 | €114,460 | €90,152 | €77,488 | ▼ 14.0% |
| Financial debts170/4 | - | - | €114,460 | €90,152 | €77,488 | ▼ 14.0% |
| Amounts payable within one year42/48 | €59,279 | €60,233 | €67,225 | €79,884 | €58,750 | ▼ 26.5% |
| Current portion of amounts payable after more than one year42 | - | - | €33,695 | €12,321 | €12,665 | ▲ 2.8% |
| Trade debts44 | €6,357 | €4,135 | - | €15,257 | €2,535 | ▼ 83.4% |
| Suppliers440/4 | - | - | - | €15,257 | €2,535 | ▼ 83.4% |
| Advances received on contracts in progress46 | - | - | €7,800 | €1,841 | €1,841 | = |
| Taxes, remuneration and social security45 | - | - | €25,729 | €50,465 | €41,709 | ▼ 17.4% |
| Taxes450/3 | - | - | €25,729 | €50,465 | €41,709 | ▼ 17.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €822 | - |
| Line | 2018 | 2019 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,400 | €19,569 | €58,240 | €48,003 | €1,007 | ▼ 97.9% |
| + Depreciation and write-downs630 | €38,780 | €37,733 | €37,268 | €20,811 | €21,042 | ▲ 1.1% |
| Operating cash flow (approximation) | €63,180 | €57,302 | €95,507 | €68,814 | €22,049 | ▼ 68.0% |
| Investment in fixed assets (approximation) | - | -€5,336 | - | - | -€5,872 | - |
| Change in cash | - | €3,206 | - | - | -€35,928 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €1,007 ▼97.9%
Net result drops to €1,007, the lowest in the series.
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 85 days late
2023
31-12
Financial
Equity above €150,000Eq €186,498 ▲67.9%
4 profitable years in a row build equity to €186,498.
13-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 256 days late
2021
31-12
Financial
Highest result since 2018net €58,240 ▲198%
Operating result €77,119, net result €58,240, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.88
Current ratio from 0.94 to 1.88.
31-12
Financial
Equity above €100,000Eq €111,045 ▲181%
3 profitable years in a row build equity to €111,045.
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
23-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 54 days late
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 48 days late
2017
15-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 46 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Wemmel · 1 establishment unit since 2015
Ground area
124 m²
Building footprint
143 m²
Volume, LiDAR
503 m³
Parcel 22662B0604/00Z000, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HPS+
since 20152.240.648.827
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0604/00Z000 | Flanders | 124 m² | 1 · 143 m² | 6.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900D74I6091PZJP91
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KREMA BOUW
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,423. 5,907 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-03-2015
Fiscal year end31-12
Trade name NL
HippoPoolService
Activities, NACEBEL 2025
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0600858085
Registered
15-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.