HR D-velop
ActiveSummary
HR D-velop has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130k and a net result of €35k. Equity is growing by ~22.6% per year across the filed fiscal years. Its solvency ranks better than 48% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-7
Solvency76▲+16
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 3.57 against 1.64 in 2024; short-term debt: 12% and cash: 18.5% of total assets), and 48.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
51.4%
Return on assets
14%
Age of the figures
9 mo
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 · 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 · 10 filingsDeviation from the deadline
2025
15 d early
2024
on the day
2023
on the day
2022
on the day
2021
13 d early
2020
31 d late
2019
152 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€130k▲ 37.4%
2024 · €95k
2018: €20k
2019: €47k
2020: €81k
2021: €29k
2022: €67k
2023: €81k
2024: €95k
2018 → 2025
Total assets
€254k▼ 7.8%
2024 · €275k
2018: €221k
2019: €141k
2020: €184k
2021: €337k
2022: €280k
2023: €293k
2024: €275k
2018 → 2025
Net result
€35k▼ 33.9%
2024 · €54k
2018: €43k
2019: €26k
2020: €34k
2021: €49k
2022: €38k
2023: €50k
2024: €54k
2018 → 2025
Working capital
€78k▲ 77.1%
2024 · €44k
2018: €16k
2019: €-41k
2020: €-3k
2021: €-9k
2022: €25k
2023: €34k
2024: €44k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€67k▲ 128%€81k▲ 20.5%€95k▲ 17.7%€130k▲ 37.4%
Operating result€66k-€56k▼ 14.7%€62k▲ 10.3%€72k▲ 16.0%€52k▼ 28.3%
Net result€49k-€38k▼ 22.9%€50k▲ 33.4%€54k▲ 6.9%€35k▼ 33.9%
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 2025; 2025 is 28% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €254k
Fixed assets
€145k ▼ 10.2%
Current assets
€109k ▼ 4.3%
Equity and liabilities €254k
Equity
€130k ▲ 37.4%
Debt
€123k ▼ 31.6%
Debt's share of the balance-sheet total falls from 65.5% to 48.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€68k▼
2024 · €88k
Cash flow
€52k▼
2024 · €70k
Current ratio
3.57▲
2024 · 1.64
Debt to equity
0.94▼
2024 · 1.90
ROE
27.2%▼
2024 · 56.6%
ROA
14.0%▼
2024 · 19.5%
Interest coverage
13.16▼
2024 · 26.20
Debt ≤ 1 year
€30k▼
2024 · €69k
Debt > 1 year
€93k▼
2024 · €110k
Income taxes
€11k▼
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€275k€254k▼
Fixed assets21/28€161k€145k▼
Tangible fixed assets22/27€161k€144k▼
Land and buildings22€156k€142k▼
Furniture and vehicles24€5k€2k▼
Financial fixed assets28€175€325▲
Current assets29/58€114k€109k▼
Amounts receivable within one year40/41€16k€13k▼
Trade receivables40€16k€11k▼
Other amounts receivable41-€2k
Current investments50/53€40k€46k▲
Cash at bank and in hand54/58€55k€47k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€275k€254k▼
Equity10/15€95k€130k▲
Contributions10/11€19k€19k=
Reserves13€76k€112k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€74k€110k▲
Amounts payable17/49€180k€123k▼
Amounts payable after more than one year17€110k€93k▼
Financial debts170/4€110k€93k▼
Amounts payable within one year42/48€69k€30k▼
Current portion of amounts payable after more than one year42€21k€18k▼
Trade debts44€695€2k▲
Suppliers440/4€695€2k▲
Taxes, remuneration and social security45€16k€5k▼
Taxes450/3€15k€4k▼
Remuneration and social security454/9€739€930▲
Other amounts payable47/48€32k€6k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k=
Other operating charges640/8€2k€2k▼
Gross operating margin9900€91k€70k▼
Operating profit (loss)9901€72k€52k▼
Financial income75/76B€242€119▼
Recurring financial income75€242€119▼
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€69k€46k▼
Income taxes67/77€15k€11k▼
Profit (loss) for the period9904€54k€35k▼
Profit (loss) for the period to be appropriated9905€54k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€54k€35k▼
Transfer from equity791/2€39k-
Transfer to equity691/2€54k€35k▼
To other reserves6921€54k€35k▼
Profit to be distributed694/7€39k-
Return on contributions (dividend)694€39k-
The notes to these accounts (10 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 3.57
Current ratio from 1.64 to 3.57; short-term debt falls from €69k to €30k.
31-12
Financial
Equity above €100kEq €130k ▲37.4%
8 profitable years in a row build equity to €130k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €54k ▲6.9%
Operating result €72k, net result €54k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 152 days late
2019
31-12
Financial
Weakest financial yearnet €26k ▼38.9%
Net result drops to €26k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Mont-Saint-Guibert · 1 establishment unit since 2015
Ground area
8,627 m²
Building footprint
366 m²
Volume, LiDAR
490 m³
2 parcels, Wallonia · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HR D-velop
since 20152.238.938.459
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25040A0163/00M002 | Wallonia | 6,185 m² | 1 · 67 m² | 8.7 m · 3 fl. |
| 25031A0030/00W000 | Wallonia | 2,442 m² | 1 · 299 m² | - |
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.
Similar companies · same sector, comparable size
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NMA Consulting
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IMMO STELO
BE 0750.480.387
Sint-Lambrechts-Woluwe · Eq €130,541
Of 13,417 companies in sector 73300 we hold annual accounts for 6,898. 5,507 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.