HPS
ActiveSummary
The annual accounts of HPS for fiscal year 2024 show a net loss of 94% of the equity at the start of that year. The 2024 annual accounts show equity of €170,097 and a net result of -€2.7m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 993 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability19▼-26
Solvency25▼-9
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.49 against 0.7 in 2023; short-term debt: 93.8% and cash: 1.1% of total assets), and 99.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
0.5%
Return on assets
-7.5%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 993 sector peers (2024).
NBB · sector comparisonPosition among 993 sector peers
Solvency
better than 12%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-05-2026, 299 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
299 d late
2023
154 d early
2022
17 d early
2021
202 d early
2020
135 d early
2019
38 d early
← 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 41 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Equity
€170,097▼ 94.1%
2023 · €2.9m
Total assets
€36.0m▲ 16.5%
2023 · €30.9m
Net result
-€2.7m
2023 · €987,351
Working capital
-€17.3m▼ 126%
2023 · -€7.6m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 77, Rental and leasing 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
Line20202021202220232024
Operating result€2,573▲ 23.7%-€2,417-€3,781▼ 56.4%-€4,261▼ 12.7%-€8,250▼ 93.6%
Net result-€15,955below the sector's middle half▲ 1.6%€2.2mabove the sector's middle half€196,266above the sector's middle half▼ 90.9%€987,351above the sector's middle half▲ 403%-€2.7mbelow the sector's middle half
Equity-€465,443below the sector's middle half▼ 3.5%€1.7mabove the sector's middle half€1.9mabove the sector's middle half▲ 11.6%€2.9mabove the sector's middle half▲ 52.4%€170,097within the sector's middle half▼ 94.1%
Total assets€442below the sector's middle half▼ 98.1%€11.2mabove the sector's middle half▲ 2,533,362%€20.7mabove the sector's middle half▲ 85.2%€30.9mabove the sector's middle half▲ 49.1%€36.0mabove the sector's middle half▲ 16.5%
Debt€465,885▼ 1.5%€9.5m▲ 1,939%€18.8m▲ 98.3%€28.0m▲ 48.7%€35.8m▲ 27.8%
Working capital-€465,443below the sector's middle half▼ 3.5%€688,477above the sector's middle half-€625,516below the sector's middle half-€7.6mbelow the sector's middle half▼ 1,119%-€17.3mbelow the sector's middle half▼ 126%
Solvency15.1%below the sector's middle half9.1%below the sector's middle half▼ 6.0pp9.3%below the sector's middle half▲ 0.2pp0.5%below the sector's middle half▼ 8.8pp
Current ratio1.13within the sector's middle half0.96within the sector's middle half▼ 0.160.70within the sector's middle half▼ 0.260.49below the sector's middle half▼ 0.21
Return on assets (ROA)19.2%above the sector's middle half0.9%within the sector's middle half▼ 18.3pp3.2%within the sector's middle half▲ 2.2pp-7.5%below the sector's middle half▼ 10.7pp
above
within
below
the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2023 Net result +403% on 2022. The previous fiscal year ran 18 months, this one 12.
- 2022 Net result -91% on 2021. This fiscal year ran 18 months, the previous one 9.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8,250 in 2024 against €4,261 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €36.0m
Fixed assets
€19.5m ▲ 50.0%
Current assets
€16.5m ▼ 7.9%
Equity and liabilities €36.0m
Equity
€170,097 ▼ 94.1%
Debt
€35.8m ▲ 27.8%
Debt's share of the balance-sheet total rises from 90.7% to 99.5%. Equity is lower and debt is higher.
Key figures and ratios
Debt ≤ 1 year
€33.7m▲
2023 · €25.5m
Debt > 1 year
€2.1m▼
2023 · €2.5m
Income taxes
€0▼
2023 · €369,399
A ratio outside any meaningful range has been withheld (balance sheet total €36.0m, equity €170,097).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €1,007 | €3,950 | €7,275 | ▲ 84.2% |
| Gross operating margin9900 | €3,101 | -€1,906 | -€2,774 | -€312 | -€975 | ▼ 213% |
| Operating profit (loss)9901 | €2,573 | -€2,417 | -€3,781 | -€4,261 | -€8,250 | ▼ 93.6% |
| Financial income75/76B | - | - | €24.3m | €2.4m | €202,582 | ▼ 91.4% |
| Recurring financial income75 | - | €5.7m | €24.3m | €2.4m | €202,582 | ▼ 91.4% |
| Financial charges65/66B | - | - | €24.0m | €998,631 | €2.9m | ▲ 190% |
| Recurring financial charges65 | €18,528 | €3.0m | €24.0m | €998,631 | €2.9m | ▲ 190% |
| Profit (loss) for the period before taxes9903 | -€15,955 | €2.7m | €266,677 | €1.4m | -€2.7m | ▼ 299% |
| Income taxes67/77 | - | €537,993 | €70,411 | €369,399 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€15,955 | €2.2m | €196,266 | €987,351 | -€2.7m | ▼ 374% |
| Transfer from tax-exempt reserves789 | - | - | - | €210,500 | €210,500 | = |
| Transfer to tax-exempt reserves689 | - | - | €0 | €999,997 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | -€15,955 | €1.1m | €196,266 | €197,853 | -€2.5m | ▼ 1,359% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €442 | €11.2m | €20.7m | €30.9m | €36.0m | ▲ 16.5% |
| Fixed assets21/28 | - | €5.0m | €5.0m | €13.0m | €19.5m | ▲ 50.0% |
| Financial fixed assets28 | - | €5.0m | €5.0m | €13.0m | €19.5m | ▲ 50.0% |
| Current assets29/58 | €442 | €6.2m | €15.7m | €17.9m | €16.5m | ▼ 7.9% |
| Amounts receivable within one year40/41 | €231 | €2.0m | €6.2m | €6.2m | €5.2m | ▼ 16.0% |
| Trade receivables40 | - | - | €127,899 | €28,244 | €144,695 | ▲ 412% |
| Other amounts receivable41 | - | - | €6.1m | €6.2m | €5.1m | ▼ 18.0% |
| Current investments50/53 | - | - | €7.5m | €10.8m | €10.8m | = |
| Cash at bank and in hand54/58 | €96 | €4.2m | €2.0m | €801,344 | €383,235 | ▼ 52.2% |
| Deferred charges and accrued income490/1 | - | - | €0 | €120,529 | €120,529 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €442 | €11.2m | €20.7m | €30.9m | €36.0m | ▲ 16.5% |
| Equity10/15 | -€465,443 | €1.7m | €1.9m | €2.9m | €170,097 | ▼ 94.1% |
| Contributions10/11 | - | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €5,740 | €1.1m | €1.1m | €2.1m | €1.8m | ▼ 10.2% |
| Tax-exempt reserves132 | - | - | €1.1m | €1.8m | €1.6m | ▼ 11.4% |
| Distributable reserves133 | - | - | €5,740 | €216,240 | €216,240 | = |
| Profit (loss) carried forward14 | -€489,783 | €611,378 | €807,644 | €794,998 | -€1.7m | ▼ 313% |
| Amounts payable17/49 | €465,885 | €9.5m | €18.8m | €28.0m | €35.8m | ▲ 27.8% |
| Amounts payable after more than one year17 | - | €4.0m | €2.5m | €2.5m | €2.1m | ▼ 17.0% |
| Financial debts170/4 | - | - | €2.5m | €2.5m | €2.1m | ▼ 17.0% |
| Amounts payable within one year42/48 | €465,885 | €5.5m | €16.4m | €25.5m | €33.7m | ▲ 32.2% |
| Current portion of amounts payable after more than one year42 | - | - | €460,000 | €225,000 | €225,000 | = |
| Financial debts43 | - | - | €29,564 | €0 | - | - |
| Credit institutions430/8 | - | - | €29,564 | €0 | - | - |
| Trade debts44 | €5,101 | - | €149,373 | €488,424 | €1.2m | ▲ 151% |
| Suppliers440/4 | - | - | €149,373 | €488,424 | €1.2m | ▲ 151% |
| Taxes, remuneration and social security45 | - | - | €57,881 | €237,618 | €0 | ▼ 100% |
| Taxes450/3 | - | - | €57,881 | €237,618 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | €15.7m | €24.6m | €32.3m | ▲ 31.4% |
| Accrued charges and deferred income492/3 | - | - | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,955 | €2.2m | €196,266 | €987,351 | -€2.7m | ▼ 374% |
| Operating cash flow (approximation) | -€15,955 | €2.2m | €196,266 | €987,351 | -€2.7m | ▼ 374% |
| Investment in fixed assets (approximation) | - | - | €0 | -€8.0m | -€6.5m | ▲ 18.8% |
| Change in cash | - | €4.2m | -€2.2m | -€1.2m | -€418,108 | ▲ 65.1% |
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
2026
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 299 days late
2024
31-12
Financial
Weakest financial yearnet -€2.7m
Net result drops to -€2.7m, the lowest in the series.
28-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €2mEq €2.9m ▲52.4%
3 profitable years in a row build equity to €2.9m.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Back to profitnet €2.2m
Net result €2.2m after 3 loss-making years.
30-06
Financial
Liquidity times 1187current ratio 1.13
Current ratio from 0.00 to 1.13.
30-06
Financial
Equity above €1mEq €1.7m
Equity rises from -€465,443 to €1.7m.
2020
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
26-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
2016
31-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Zedelgem · 1 establishment unit since 2008
Ground area
933 m²
Building footprint
191 m²
Volume, LiDAR
1,168 m³
Parcel 31040D0113/00C000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
HPS
since 20082.174.348.436
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31040D0113/00C000 | Flanders | 933 m² | 1 · 190 m² | 9.8 m · 2 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.
Structure & network
Owners and holdings
2 owners · 1 holdingOwners 2
-
50%
-
30%
Holdings 1
-
50%
According to the 2024 annual accounts of HPS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
875500YSHS1HK69SPL47
Similar companies · same sector, comparable size
HELICOFIN
BE 0770.684.893
Heers · Eq €172,906
AVIA-RENT WALLONIE
BE 0885.265.748
Ukkel · Eq €156,557
PROPELLER
BE 0452.481.739
Wevelgem · Eq €193,606
BRUSSELS HELI AIR
BE 0458.412.201
Schaarbeek · Eq €145,499
Airborne
BE 0443.750.947
Schilde · Eq €145,111
Of 108 companies in sector 77350 we hold annual accounts for 71. 50 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
Founded29-08-2008
Fiscal year end31-12
Activities, NACEBEL 2025
77350Rental and leasing activities
46140Agents in the wholesale of industrial machinery, ships and aircraft
E-invoicing
Reachable via Peppol
Peppol ID
0208:0807518268
Registered
27-03-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.