HR SELECTION
ActiveSummary
HR SELECTION has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171k and a net result of €63k. Equity is growing by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 82% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
97
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+9
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 6.37 against 14.64 in 2024; short-term debt: 15.4% and cash: 74.5% of total assets), and 15.4% of the assets are financed with debt.
Credit advice 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
84.6%
Return on assets
31.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
50 d late
2023
59 d late
2022
30 d late
2021
61 d late
2020
60 d late
2019
14 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€236k
EBIT margin
33.9%
Net result
€63k▲ 13.0%
2024 · €56k
2018: €74k
2019: €108k
2020: €111k
2021: €104k
2022: €55k
2023: €34k
2024: €56k
2018 → 2025
Working capital
€167k▼ 54.4%
2024 · €366k
2018: €51k
2019: €67k
2020: €164k
2021: €256k
2022: €276k
2023: €312k
2024: €366k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€236k
Equity€259k-€279k▲ 7.6%€312k▲ 12.0%€368k▲ 17.9%€171k▼ 53.6%
Operating result€152k-€75k▼ 50.6%€51k▼ 32.1%€80k▲ 57.1%€77k▼ 4.0%
Net result€104k-€55k▼ 47.0%€34k▼ 39.1%€56k▲ 66.4%€63k▲ 13.0%
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 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €202k
Fixed assets
€4k ▲ 121%
Current assets
€198k ▼ 49.6%
Equity and liabilities €202k
Equity
€171k ▼ 53.6%
Debt
€31k ▲ 15.8%
Debt's share of the balance-sheet total rises from 6.8% to 15.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€78k▼
2024 · €80k
Cash flow
€64k▲
2024 · €56k
Current ratio
6.37▼
2024 · 14.64
Debt to equity
0.18▲
2024 · 0.07
ROE
36.9%▲
2024 · 15.2%
ROA
31.2%▲
2024 · 14.1%
Interest coverage
28.24▼
2024 · 33.82
Debt ≤ 1 year
€31k▲
2024 · €27k
Income taxes
€24k▲
2024 · €23k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€395k€202k▼
Fixed assets21/28€2k€4k▲
Tangible fixed assets22/27€2k€4k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€258€3k▲
Current assets29/58€393k€198k▼
Amounts receivable within one year40/41€273k€33k▼
Trade receivables40€29k€30k▲
Other amounts receivable41€244k€3k▼
Cash at bank and in hand54/58€116k€151k▲
Deferred charges and accrued income490/1€4k€15k▲
Equity and liabilities
Total equity and liabilities10/49€395k€202k▼
Equity10/15€368k€171k▼
Contributions10/11€19k€19k=
Reserves13€350k€152k▼
Distributable reserves133€350k€152k▼
Amounts payable17/49€27k€31k▲
Amounts payable within one year42/48€27k€31k▲
Trade debts44€4k€8k▲
Suppliers440/4€4k€8k▲
Taxes, remuneration and social security45€23k€19k▼
Taxes450/3€13k€19k▲
Remuneration and social security454/9€10k-
Other amounts payable47/48-€4k
Income statement
Code20242025
Turnover70€236k-
Non-recurring operating income76A€810-
Goods, raw materials, services and sundry goods60/61€128k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€401€863▲
Other operating charges640/8€1k€547▼
Gross operating margin9900€82k€78k▼
Operating profit (loss)9901€80k€77k▼
Financial income75/76B€1k€13k▲
Recurring financial income75€1k€13k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€79k€87k▲
Income taxes67/77€23k€24k▲
Profit (loss) for the period9904€56k€63k▲
Profit (loss) for the period to be appropriated9905€56k€63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€56k€63k▲
Transfer from equity791/2-€260k
Transfer to equity691/2€56k€63k▲
To other reserves6921€56k€63k▲
Profit to be distributed694/7-€260k
Return on contributions (dividend)694-€260k
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
19-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 50 days late
2024
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 59 days late
2023
31-12
Financial
Weakest financial yearnet €34k ▼39.1%
Net result drops to €34k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 13.02
Current ratio from 4.22 to 13.02; short-term debt falls from €86k to €26k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Equity above €200kEq €259k ▲53.1%
4 profitable years in a row build equity to €259k.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
31-12
Financial
Highest result since 2018net €111k ▲2%
Operating result €160k, net result €111k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.41
Current ratio from 1.46 to 3.41; short-term debt falls from €147k to €68k.
31-12
Financial
Equity above €150kEq €169k ▲133%
3 profitable years in a row build equity to €169k.
Show earlier events
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Genappe · 1 establishment unit since 2015
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.
Drève Nantaise 221470 GenappeGround area
1,617 m²
Building footprint
130 m²
Volume, LiDAR
646 m³
Parcel 25013B0118/00P004, Wallonia · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HR MINDED
since 20152.248.512.557
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25013B0118/00P004 | Wallonia | 1,617 m² | 1 · 130 m² | 6.8 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.
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VcV
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DIESIS Network
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,663 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
Founded29-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.