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HQ OKINAWA

Active
Private limited companyfounded 20233 yrs activeLeopoldslei 50, 2930 Brasschaat, BelgiumKBO/BCE: BE 0803.051.419

HQ OKINAWA has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €37k and a net result of €19k. Its solvency ranks better than 27% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
75 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability92▼-8
Solvency61▼-2
Growth78
Track record94
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 0.98 in 2023; short-term debt: 31.6% and cash: 23.4% of total assets), and 63.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 3 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
36.3%
Return on assets
18.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-05-2025, 72 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
72 d early
2023
68 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€37k▲ 107%
2023 · €18k
2023: €18k
2023 → 2024
Total assets
€103k▲ 120%
2023 · €47k
2023: €47k
2023 → 2024
Net result
€19k▲ 48.7%
2023 · €13k
2023: €13k
2023 → 2024
Working capital
€11k
2023 · €-598
2023: €-598
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20232024Trend
Equity€18k-€37k▲ 107%
Operating result€17k-€27k▲ 57.9%
Net result€13k-€19k▲ 48.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2023: €17k€17kNet result 2023: €13k€13kOperating result 2024: €27k€27kNet result 2024: €19k€19k20232024
The operating result rises in 2024; 2024 is 58% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €103k
Fixed assets €59k▲ 219%
Current assets €44k▲ 54.1%
Equity and liabilities €103k
Equity €37k▲ 107%
Debt €66k▲ 128%
The debt ratio rises from 61.5% to 63.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€30k
2023 · €17k
Cash flow
€22k
2023 · €13k
Solvency
36.3%
2023 · 38.5%
Current ratio
1.33
2023 · 0.98
Quick ratio
1.33
2023 · 0.98
Debt / equity
1.76
2023 · 1.60
ROE
51.8%
2023 · 72.2%
ROA
18.8%
2023 · 27.8%
Interest coverage
18.23
2023 · 115.04
Debt
€66k
2023 · €29k
Debt ≤ 1 year
€33k
2023 · €29k
Debt > 1 year
€32k
Income taxes
€6k
2023 · €4k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€47k€103k
Fixed assets21/28€19k€59k
Tangible fixed assets22/27€19k€59k
Land and buildings22€11k€10k
Plant, machinery and equipment23€3k€7k
Furniture and vehicles24-€37k
Other tangible fixed assets26€5k€4k
Financial fixed assets28-€500
Current assets29/58€28k€44k
Amounts receivable within one year40/41€10k€17k
Trade receivables40€10k€11k
Other amounts receivable41€133€7k
Cash at bank and in hand54/58€18k€24k
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€47k€103k
Equity10/15€18k€37k
Contributions10/11€5k€5k=
Reserves13€13k€32k
Distributable reserves133€13k€32k
Amounts payable17/49€29k€66k
Amounts payable after more than one year17-€32k
Financial debts170/4-€32k
Amounts payable within one year42/48€29k€33k
Current portion of amounts payable after more than one year42-€15k
Financial debts43-€182
Credit institutions430/8-€182
Trade debts44€15k€3k
Suppliers440/4€15k€3k
Taxes, remuneration and social security45€6k€5k
Taxes450/3€6k€5k
Remuneration and social security454/9€4-
Other amounts payable47/48€7k€10k
Accrued charges and deferred income492/3-€755
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€195€3k
Other operating charges640/8€50€118
Gross operating margin9900€17k€30k
Operating profit (loss)9901€17k€27k
Financial income75/76B-€15
Recurring financial income75-€15
Financial charges65/66B€151€2k
Recurring financial charges65€151€2k
Profit (loss) for the period before taxes9903€17k€25k
Income taxes67/77€4k€6k
Profit (loss) for the period9904€13k€19k
Profit (loss) for the period to be appropriated9905€13k€19k
Appropriation of the result
Profit (loss) to be appropriated9906€13k€19k
Transfer to equity691/2€13k€19k
To other reserves6921€13k€19k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
20-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
24-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing

Directors · office · real estate

Directors
1 act for this company is 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, Brasschaat · 1 establishment unit since 2023
establishment The establishment unit on the map
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.

Leopoldslei 502930 Brasschaat
Ground area
1,296 m²
Building footprint
192 m²
Volume, LiDAR
976 m³
Parcel 11324D0746/00H003, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HQ OKINAWA
Leopoldslei 50, 2930 BrasschaatManufacture of furniture
since 20232.346.818.394
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11324D0746/00H003 Flanders 1,296 m² 1 · 192 m² 8.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,995 companies in sector 62200 we hold annual accounts for 18,391. 14,850 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded22-06-2023
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
31009Manufacture of furniture
31092Manufacture of furniture
64200Holdings
64210Activities of holding companies
66199Other activities auxiliary to financial services, excluding insurance and pension funding
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.