Turnover
≈ €58,000 estimated
The abbreviated format states no turnover.
HPSB
Overview
Lifetime
2 annual accounts with figures on one time axispeak €19,736 (2024)
€8,604▼ 56.4%
peak €11,743 (2024)
€3,887▼ 66.9%
peak €376,672 (2025)
€376,672▲ 1.0%
€2,296▲ 2.0%
Board3 names since 2023
1 directorBALLET Stijn Gerard Angele
Documentsfilings and deeds
16-07-202615 days before the deadline
2025abbreviated format
Gross margin from €19,736 to €8,604Result from €11,743 to €3,887
Key points
from the 2025 annual accountsLiquidity
7.81 was 6.22 in 2024
Short-term debts rose from €2,250 to €2,296.
Checked score
89
Excellent
Financially stronger than 54% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.4%
01-2025: 3.4%● unchanged vs 12-2024
02-2025: 3.6%▲ +0.2 percentage points vs 01-2025
03-2025: 3.6%● unchanged vs 02-2025
04-2025: 3.5%▼ -0.1 percentage points vs 03-2025
05-2025: 3.5%● unchanged vs 04-2025
06-2025: 3.8%▲ +0.3 percentage points vs 05-2025
07-2025: 3.9%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.3%▼ -3.6 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.2%▼ -0.1 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.3%▲ +0.1 percentage points vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.2%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
lowers risk
Size: total assets €378,968
No main activity registered
Equity €376,672 (99.4% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 81% of them on solvency, 52% on liquidity, 31% on profitability and 52% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,546 companies had the same profile as HPSB has now. Each dot stands for 7 companies, two years later.
94.3%
were still trading
3.2%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of HPSB itself is lower: 0.2% within 12 months. It rests on far more data about HPSB than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,546 companies, not a prediction for HPSB. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.81 (6.22 in 2024), above the usual 1.5. Short-term debt is 0.6% and cash 4.7% of total assets. 0.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
15 days early
2024
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 2 accounts on average 9 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803497916
Incorporation
Demerger: HERKER PATRIMONIUM- EN BEHEERSVENNOOTSCHAP splits off to HPSB · 601 shares · Appointments: BALLET Stijn Gerard Angele (director) and BALLET Christof (director) · published on 12-07-2023 · Gazette deed
First establishment
Schoolstraat 99, Herk-de-Stad
Official details
Source: KBO- Status
- Active since 03-07-2023Normal situation
- Activity
- “Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met de betrekking…” (deed in Dutch)From the articles, 4 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.349.280.2163540 Herk-de-Stad, since 03-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2024
Annual accounts 2025
- €8,604▼ 56.4%
- €3,887▼ 66.9%
- €376,672▲ 1.0%
- €378,968▲ 1.0%
- Filing
- Filed on 16-07-2026, 15 days before the end of the filing period
Insights on HPSB
HPSB has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €376,672 and a net result of €3,887.
The computed 12-month bankruptcy probability is 0.2% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 16-07-2026, 15 days before the deadline€8,604
▼ 56.4%
€5,228
▼ 66.7%
€3,887
▼ 66.9%
€15,630
▲ 33.1%
99.4%
unchanged
7.81
▲ 1.59
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €58,000. Estimated: probably between €24,000 and €150,000.
Balance sheet
balance sheet total €378,968 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
378,968 | 375,035 | |
21/28 |
361,042 | 361,042 | |
22/27 |
361,042 | 361,042 | |
22 |
361,042 | 361,042 | |
29/58 |
17,926 | 13,993 | |
54/58 |
17,926 | 13,993 | |
| Balance sheet: equity and liabilities | |||
10/49 |
378,968 | 375,035 | |
10/15 |
376,672 | 372,785 | |
10/11 |
334,733 | 334,733 | |
13 |
41,939 | 38,053 | |
133 |
41,939 | 38,053 | |
17/49 |
2,296 | 2,250 | |
42/48 |
2,296 | 2,250 | |
45 |
1,460 | 1,414 | |
450/3 |
1,460 | 1,414 | |
47/48 |
835 | 835 | |
| Income statement | |||
9900 |
8,604 | 19,736 | |
640/8 |
3,377 | 4,025 | |
9901 |
5,228 | 15,711 | |
65/66B |
45 | 53 | |
65 |
45 | 53 | |
9903 |
5,183 | 15,658 | |
67/77 |
1,296 | 3,914 | |
9904 |
3,887 | 11,743 | |
9905 |
3,887 | 11,743 | |
| Appropriation of the result | |||
9906 |
3,887 | 11,743 | |
691/2 |
3,887 | 11,743 | |
6921 |
3,887 | 11,743 | |
| Document | |||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 16-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| - | 361,042 | ||
| 3,933 | - | ||
| 15,630 | 11,743 | ||
| 99.4% | 99.4% | ||
| 7.81 | 6.22 | ||
| 0.01 | 0.01 | ||
| 1.0% | 3.2% | ||
| 1.0% | 3.1% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €361,042 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on HPSB
The operating result for 2025 is 67% lower than in 2024.
Debt's share of the balance-sheet total stays at 0.6%.
Board & ownership
Board
1 director, no change since July 2023Director (not named in the articles)
appointed by deed of 12-07-2023
term without a fixed end
earlier director, until 12-07-2023
listed in the 2025 annual accounts, filed on 16-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 12-07-2023
Mandates through the years
3 names, the dashed line is todayBALLET Stijn Gerard Angele
Director (not named in the articles)
Director (not named in the articles)
BALLET Christof
Director (not named in the articles)
Director (not named in the articles)
BALLET Etienne Eduard Jozef
Director (not named in the articles)
Director (not named in the articles)
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
- BALLET Stijn Gerard Angele
- Director (not named in the articles), since before 15-06-2023
- BALLET Christof
- Director (not named in the articles), from before 15-06-2023, no longer listed in the 2025 annual accounts
- BALLET Etienne Eduard Jozef
- Director (not named in the articles), from before 15-06-2023 to 12-07-2023
Control
Capital
- Contribution
- €334,732.68
- Shares
- 601
- Contribution per share
- €557
- Equity per share
- €627 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 12-07-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director1 directorTerm of at most 6 years“Oudste kandidaat verkozen, herstemming tussen twee meeste stemmen”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Alle procedure- en expertisekosten voor helft ten laste van overdrager en andere helft ten laste van koper(s) naar evenredigheid met…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of May at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Besluit algemene vergadering die beraadslaagt zoals inzake statutenwijziging”
Capital transactions
Capital over time
- 12-07-2023 Incorporation · 601 shares
- 12-07-2023 Incorporation · 601 shares
Network & group
No group
HPSB has no parent and no holdings in its annual accounts. BALLET Stijn Gerard Angele is the only director.
At the same address
Schoolstraat 99, 3540 Herk-de-Stad · 3 other companies| HERKER PATRIMONIUM EN BEHEERSVENNOOTSCHAP
registered office since 03-05-2000 · founded in 2000 |
total assets €284,413 (2025) 0471.814.928 |
| Fruitbedrijf Ballet
registered office since 01-06-2012 |
founded in 2012 0846.509.397 |
| E & G Service
registered office since 01-08-2011 |
founded in 2011 0839.121.066 |
Acquisitions and mergers
1 transactionReceived in a demerger part of:HERKER PATRIMONIUM- EN BEHEERSVENNOOTSCHAP
Timeline
Timeline
5 events since 2023Filings
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBabbreviated format · 15 days before the deadline
2025
Annual accounts 2024 filed PDFabbreviated format · 2 days before the deadline
2024
Registered in the Peppol Directory Reachable for e-invoices through 0208:0803497916
2023
IncorporationDemerger: HERKER PATRIMONIUM- EN BEHEERSVENNOOTSCHAP splits off to HPSB · 601 shares · Appointments: BALLET Stijn Gerard Angele (director) and BALLET Christof (director) · published on 12-07-202323 points ▸
- General meeting, 15-06-2023
- 601 shares, mentioned twice in the deed
- Registered office clause, Schoolstraat 99, 3540 Herk-de-Stad, mentioned twice in the deed
- Board rule, 1
- Director appointment, BALLET Stijn Gerard Angele (director (not named in the articles))
- Registered office clause, Tegelrijstraat 12, 3850 Nieuwerkerken
- Director appointment, BALLET Christof (director (not named in the articles))
- Capital decrease, €575,329.28
- BALLET Etienne Eduard Jozef holds 2,763 shares
- Capital, €109,618.85, 2,763 shares
- Director resignation, BALLET Etienne Eduard Jozef
- Director resignation, BALLET Christof
- Director resignation, BALLET Stijn Gerard Angele
- Director reappointment, BALLET Etienne Eduard Jozef (director (not named in the articles))
- Director reappointment, BALLET Christof (director (not named in the articles))
- Director reappointment, BALLET Stijn Gerard Angele (director (not named in the articles))
- Power of attorney, Philip Odeurs
- BALLET Etienne Eduard Jozef holds all the shares
- Capital, €684,948.13, 2,763 shares
- Accounting effect, 01-01-2023
- Director discharge, BALLET Etienne Eduard Jozef
- Director discharge, BALLET Christof
- Director discharge, BALLET Stijn Gerard Angele
- The deed holds 109 more points.
First establishment Schoolstraat 99, Herk-de-Stad
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
HPSB was incorporated on 3 July 2023 as a private limited company.1 BALLET Stijn Gerard Angele is director of the company, appointed by deed of 12-07-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 0803.497.916
- VAT number
- BE 0803.497.916
- Peppol ID
- 0208:0803497916
- Other Peppol ID
- 9925:BE0803497916
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 03-07-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of May at 18:00deed of 12-07-2023 (in Dutch)
- Peppol
- Reachable since 19-12-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- HPSB in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 12-07-2023 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- CB & Zn Patrimoniumdeed of 12-07-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 12-07-2023 (in Dutch)
Activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met de betrekking tot de bouw,de…”deed of 12-07-2023 (in Dutch)
4 activities
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met de betrekking tot de bouw,de verbouwing,de binnenshuis inrichting en decoratie,de huur en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of het productief maken,van onroerende goederen of onroerende zakelijke rechten;
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan-en verkoop,de huur en verhuur,de ruil;in het bijzonder het beheer en de valorsatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen;
- Het verwerven en aanhouden van participaties,in eender welke vorm,in alle bestaande of op te richten,industriële,commerciële,financiële,landbouw-of immobiliënvennootschappen of-ondernemingen;het stimuleren,de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen,waarin ze een participatie aanhoudt;het deelnemen aan hun beheer,bestuur,vereffening en toezicht alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.
- Zij mag bij wijze van inbreng in speciën of in natura,van fusie,inschrijving,deelneming,financiële tussenkomst of op een andere wijze,een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven,in België of in het buitenland,waarvan het voorwerp identiek,gelijkaardig of verwant is met het hare,of van aard is de uitoefening van haar voorwerp te bevorderen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Schoolstraat 99 registered office 3540 Herk-de-Stad 68203 Renting and operating of own or leased non-residential real estate, excluding land | 03-07-2023 | 2.349.280.216 |
Buildings and parcels at the address
- Ground area
- 1,565 m²
- Buildings
- 278 m²
- Volume, LiDAR
- 1,389 m³
- Tallest building
- 7.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71024B0538/00F002 | 1,565 m² | 1 · 278 m² | 7.5 m · 2 |