HR Capital
ActiveHR Capital has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €172k and a net result of €175k. Equity is growing by ~49.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency61▼-14
Growth78=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 2.01 in 2024; short-term debt: 61.8% and cash: 56.2% of total assets), and 64.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.5%
Return on assets
36%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Sector 78
lower
← fewer bankruptcies
more bankruptcies →
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 31-03-2026, 122 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
122 d early
2024
65 d early
2023
64 d early
2022
24 d late
2021
34 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€172k=
2024 · €172k
2021: €29k
2022: €65k
2023: €72k
2024: €172k
2021 → 2025
Total assets
€485k▲ 40.6%
2024 · €345k
2021: €49k
2022: €169k
2023: €251k
2024: €345k
2021 → 2025
Net result
€175k▲ 74.5%
2024 · €100k
2021: €26k
2022: €36k
2023: €7k
2024: €100k
2021 → 2025
Working capital
€137k▲ 1.1%
2024 · €135k
2021: €27k
2022: €37k
2023: €26k
2024: €135k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€65k▲ 123%€72k▲ 10.9%€172k▲ 139%€172k=
Operating result€37k-€55k▲ 47.1%€22k▼ 58.9%€158k▲ 606%€250k▲ 58.0%
Net result€26k-€36k▲ 36.6%€7k▼ 80.3%€100k▲ 1,315%€175k▲ 74.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 58% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €485k
Fixed assets
€49k▼ 36.0%
Current assets
€437k▲ 62.3%
Equity and liabilities €485k
Equity
€172k=
Debt
€313k▲ 81.1%
The debt ratio rises from 50.1% to 64.5%. Debt is higher.
Key figures and ratios
EBITDA
€279k▲
2024 · €185k
Cash flow
€203k▲
2024 · €127k
Solvency
35.5%▼
2024 · 49.9%
Current ratio
1.46▼
2024 · 2.01
Quick ratio
1.46▼
2024 · 2.01
Debt / equity
1.82▲
2024 · 1.00
ROE
101.4%▲
2024 · 58.1%
ROA
36.0%▲
2024 · 29.0%
Interest coverage
22.96▲
2024 · 19.51
Debt
€313k▲
2024 · €173k
Debt ≤ 1 year
€300k▲
2024 · €134k
Debt > 1 year
€13k▼
2024 · €31k
Income taxes
€64k▲
2024 · €49k
Staff costs
€491k▲
2024 · €395k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€345k€485k▲
Fixed assets21/28€76k€49k▼
Tangible fixed assets22/27€76k€49k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€38k€22k▼
Leasing and similar rights25€33k€23k▼
Current assets29/58€269k€437k▲
Amounts receivable within one year40/41€152k€163k▲
Trade receivables40€151k€159k▲
Other amounts receivable41€1k€4k▲
Cash at bank and in hand54/58€114k€273k▲
Deferred charges and accrued income490/1€2k€979▼
Equity and liabilities
Total equity and liabilities10/49€345k€485k▲
Equity10/15€172k€172k=
Contributions10/11€3k€3k=
Reserves13€169k€169k=
Distributable reserves133€169k€169k=
Profit (loss) carried forward14€1€1=
Amounts payable17/49€173k€313k▲
Amounts payable after more than one year17€31k€13k▼
Financial debts170/4€31k€13k▼
Amounts payable within one year42/48€134k€300k▲
Current portion of amounts payable after more than one year42€24k€10k▼
Trade debts44€15k€14k▼
Suppliers440/4€15k€14k▼
Taxes, remuneration and social security45€94k€101k▲
Taxes450/3€47k€51k▲
Remuneration and social security454/9€47k€50k▲
Other amounts payable47/48€297€175k▲
Accrued charges and deferred income492/3€9k-
Income statement
Code20242025
Non-recurring operating income76A-€111
Remuneration, social security and pensions62€395k€491k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€29k▲
Other operating charges640/8€5k€4k▼
Non-recurring operating charges66A€2k-
Gross operating margin9900€586k€774k▲
Operating profit (loss)9901€158k€250k▲
Financial charges65/66B€9k€12k▲
Recurring financial charges65€9k€12k▲
Profit (loss) for the period before taxes9903€149k€238k▲
Income taxes67/77€49k€64k▲
Profit (loss) for the period9904€100k€175k▲
Profit (loss) for the period to be appropriated9905€100k€175k▲
Appropriation of the result
Profit (loss) to be appropriated9906€100k€175k▲
Profit (loss) brought forward from the previous period14P€1€1=
Transfer to equity691/2€100k-
To other reserves6921€100k-
Profit to be distributed694/7-€175k
Return on contributions (dividend)694-€175k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €175k ▲74.5%
Operating result €250k, net result €175k, both a record.
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €172k ▲139%
4 profitable years in a row build equity to €172k.
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €7k ▼80.3%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lochristi · 1 establishment unit since 2021
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.
Molenstraat 4A9080 LochristiGround area
1,993 m²
Building footprint
266 m²
Volume, LiDAR
493 m³
2 parcels, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HR Capital
since 20212.318.874.377
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44076F0007/00H002 | Flanders | 1,256 m² | 1 · 169 m² | - |
| 44034B0846/00D000 | Flanders | 737 m² | 1 · 97 m² | 7.4 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 5,888 EUR awarded · 5,621 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,123 EUR | 1,123 EUR |
| 2024 | 1 | 1,957 EUR | 1,616 EUR |
| 2023 | 1 | 2,808 EUR | 2,882 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,014 companies in sector 78200 we hold annual accounts for 645. 454 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-06-2021
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
78200Temporary employment agencies and other provision of personnel
78300Employment activities
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.