Financials
- Fiscal year
- 2025
- Total assets
- €212,902
- Loss
- -€2,545
- Solvency
- 26.8%
Total assets▼ 0.3%
Net result
20192025
HR SQUARE Group
ActiveSummary
HR SQUARE Group has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57,092 and a net result of -€2,545. Equity is shrinking by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 35% of 34 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
What they do
News agency activities
NACE 60310Web portal activities NACE 63910NACE 92400
#4 oldest company in East Flanders, Programming and broadcasting sector1 site
How big
€212,902total assets 2025
- Equity
- €57,092
- Loss
- -€2,545
Turnover not published (abridged schema)
Who decides
- Parent
- KOWALA PRODUCTIONS · 100%
- Holdings
- 1
Accounts 57 d early0 of 4 deeds read
Why 54- Annual accounts: weaker financial profile- Persistent losses+ Long track record+ Lower-failure-rate sectorLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability35▲+2
Solvency52▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity short (current ratio 0.0 against 0.0 in 2024; short-term debt: 73% of total assets), and 73.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 60
Relative position
BE, all sectors
reference
Programming, broadcasting, news agency and other content distribution activities (NACE 60)
about 22% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
26.8%
Return on assets
-1.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€2,545
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
29 d late
2023
8 d early
2022
70 d late
2021
31 d late
2020
2 d early
2019
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.
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. Usually files around 29 August (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Annual accounts filedfiscal year 2023 · abbreviated…
Key points
By topic
Board & ownership
- Parent
- KOWALA PRODUCTIONS · 100%
Network & group
- Subsidiaries
- 1
1 subsidiary
Timeline
- Events
- 12
- Since
- 2017
- Next accounts
- by 31-07-2027
- 04-06-2026Annual accounts filed
- 29-08-2025Annual accounts filed
- 23-07-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- News agency activitiesNACE 60310
- Founded
- 24-10-1990
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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