HRD FIN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €40k and a net result of €30k. Equity is growing by ~64.6% per year across the filed fiscal years. Its solvency ranks better than 64% of 2423 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
29 d late
2024
67 d early
2023
35 d early
2022
40 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€40k▼ 0.4%
2024 · €40k
2022: €930
2023: €6k
2024: €40k
2022 → 2025
Net result
€30k▼ 12.6%
2024 · €34k
2022: €-4k
2023: €5k
2024: €34k
2022 → 2025
Total assets
€61k▲ 21.4%
2024 · €51k
2022: €930
2023: €32k
2024: €51k
2022 → 2025
Solvency
65.4%▼ 14.4pp
2024 · 79.8%
2022: 100.0%
2023: 20.0%
2024: 79.8%
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€930-€6k▲ 576%€40k▲ 543%€40k▼ 0.4%
Operating result€-4k-€6k€44k▲ 658%€41k▼ 7.4%
Net result€-4k-€5k€34k▲ 537%€30k▼ 12.6%
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 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61k
Fixed assets
€1k
Current assets
€60k
Equity and liabilities €61k
Equity
€40k▼ 0.4%
Debt
€21k▲ 108%
The debt ratio rises from 20.2% to 34.6%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
65.4%▼
2024 · 79.8%
ROE
74.1%▼
2024 · 84.4%
ROA
48.5%▼
2024 · 67.4%
Debt
€21k▲
2024 · €10k
Debt ≤ 1 year
€21k▲
2024 · €10k
Income taxes
€11k▲
2024 · €10k
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€51k€61k▲
Fixed assets21/28-€1k
Tangible fixed assets22/27-€1k
Plant, machinery and equipment23-€1k
Current assets29/58€51k€60k▲
Amounts receivable within one year40/41€23k€32k▲
Trade receivables40€21k€27k▲
Other amounts receivable41€2k€5k▲
Cash at bank and in hand54/58€26k€26k▼
Deferred charges and accrued income490/1€736€2k▲
Equity and liabilities
Total equity and liabilities10/49€51k€61k▲
Equity10/15€40k€40k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€35k€35k▼
Amounts payable17/49€10k€21k▲
Amounts payable within one year42/48€10k€21k▲
Trade debts44€194€10k▲
Suppliers440/4€194€10k▲
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€10k€11k▲
Income statement
Code20242025
Non-recurring operating income76A-€668
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€458
Other operating charges640/8€852€770▼
Gross operating margin9900€45k€42k▼
Operating profit (loss)9901€44k€41k▼
Financial income75/76B€11€196▲
Recurring financial income75€11€196▲
Financial charges65/66B€75€570▲
Recurring financial charges65€75€570▲
Profit (loss) for the period before taxes9903€44k€41k▼
Income taxes67/77€10k€11k▲
Profit (loss) for the period9904€34k€30k▼
Profit (loss) for the period to be appropriated9905€34k€30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€65k▲
Profit (loss) brought forward from the previous period14P€1k€35k▲
Profit to be distributed694/7-€30k
Return on contributions (dividend)694-€30k
The notes to these accounts (5 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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
25-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €34k ▲537%
Operating result €44k, net result €34k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 4.95
Current ratio from 1.25 to 4.95; short-term debt falls from €25k to €10k.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Elsene · 1 establishment unit since 2022
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.
César Franckstraat 301050 ElseneGround area
260 m²
Parcel 21445C0272/00K006, Brussels. Linked by address, not a title deed.
1 establishment unit
HRD FIN
since 20222.338.376.624
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0272/00K006 | Brussels | 259 m² | - | - |
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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Of 1,680 companies in sector 66191 we hold annual accounts for 1,229. 783 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2022
Fiscal year end31-12
Activities, NACEBEL
66191Agents and brokers in banking services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.