HRE
ActiveHRE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.47M and a net result of €709k. Equity is growing by ~25.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 8584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-1
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €450k at 30 days acceptable
Liquidity ample (current ratio 81.16 against 14.26 in 2024), and 0.9% 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○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
99.1%
Return on assets
15.7%
Age of the figures
17 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 · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 21-11-2025, 21 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
21 d late
2024
29 d late
2023
14 d late
2022
29 d late
2021
19 d late
2020
40 d late
2019
27 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close13-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€4.47M▲ 18.9%
2024 · €3.76M
2019: €612k
2020: €708k
2021: €1.13M
2022: €2.56M
2023: €3.24M
2024: €3.76M
2019 → 2025
Total assets
€4.51M▲ 14.1%
2024 · €3.95M
2019: €1.08M
2020: €1.23M
2021: €1.61M
2022: €3.12M
2023: €3.65M
2024: €3.95M
2019 → 2025
Net result
€709k▲ 18.2%
2024 · €600k
2019: €164k
2020: €96k
2021: €425k
2022: €1.60M
2023: €832k
2024: €600k
2019 → 2025
Working capital
€3.34M▲ 30.6%
2024 · €2.56M
2019: €443k
2020: €359k
2021: €694k
2022: €1.55M
2023: €2.11M
2024: €2.56M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.13M-€2.56M▲ 126%€3.24M▲ 26.4%€3.76M▲ 16.0%€4.47M▲ 18.9%
Operating result€621k-€1.07M▲ 72.6%€301k▼ 71.9%€338k▲ 12.2%€302k▼ 10.7%
Net result€425k-€1.60M▲ 275%€832k▼ 47.9%€600k▼ 27.9%€709k▲ 18.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.51M
Fixed assets
€1.13M▼ 6.1%
Current assets
€3.38M▲ 23.0%
Equity and liabilities €4.51M
Equity
€4.47M▲ 18.9%
Debt
€42k▼ 78.4%
The debt ratio falls from 4.9% to 0.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€382k▼
2024 · €403k
Cash flow
€790k▲
2024 · €665k
Solvency
99.1%▲
2024 · 95.1%
Current ratio
81.16▲
2024 · 14.26
Quick ratio
81.16▲
2024 · 14.26
Debt / equity
0.01▼
2024 · 0.05
ROE
15.9%▼
2024 · 16.0%
ROA
15.7%▲
2024 · 15.2%
Interest coverage
1904.26▲
2024 · 252.67
Debt
€42k▼
2024 · €193k
Debt ≤ 1 year
€42k▼
2024 · €193k
Income taxes
€151k▲
2024 · €142k
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€3.95M€4.51M▲
Fixed assets21/28€1.20M€1.13M▼
Tangible fixed assets22/27€1.16M€1.09M▼
Land and buildings22€984k€938k▼
Plant, machinery and equipment23€81k€75k▼
Furniture and vehicles24€97k€76k▼
Other tangible fixed assets26€0-
Financial fixed assets28€40k€40k=
Current assets29/58€2.75M€3.38M▲
Amounts receivable within one year40/41€636k€793k▲
Trade receivables40€150k€319k▲
Other amounts receivable41€486k€474k▼
Cash at bank and in hand54/58€2.10M€2.58M▲
Deferred charges and accrued income490/1€7k€5k▼
Equity and liabilities
Total equity and liabilities10/49€3.95M€4.51M▲
Equity10/15€3.76M€4.47M▲
Contributions10/11€20k€20k=
Reserves13€3.74M€4.45M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€3.74M€4.45M▲
Profit (loss) carried forward14-€0
Amounts payable17/49€193k€42k▼
Amounts payable within one year42/48€193k€42k▼
Current portion of amounts payable after more than one year42€51k€0▼
Trade debts44€58k€424▼
Suppliers440/4€58k€424▼
Taxes, remuneration and social security45€58k€26k▼
Taxes450/3€58k€26k▼
Other amounts payable47/48€25k€15k▼
Income statement
Code20242025
Non-recurring operating income76A€21k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€81k▲
Other operating charges640/8€7k€9k▲
Gross operating margin9900€409k€391k▼
Operating profit (loss)9901€338k€302k▼
Financial income75/76B€405k€559k▲
Recurring financial income75€405k€559k▲
Financial charges65/66B€2k€201▼
Recurring financial charges65€2k€201▼
Profit (loss) for the period before taxes9903€741k€860k▲
Income taxes67/77€142k€151k▲
Profit (loss) for the period9904€600k€709k▲
Profit (loss) for the period to be appropriated9905€600k€709k▲
Appropriation of the result
Profit (loss) to be appropriated9906€600k€709k▲
Transfer from equity791/2€83k€0▼
Transfer to equity691/2€600k€709k▲
To other reserves6921€600k€709k▲
Profit to be distributed694/7€83k€0▼
Return on contributions (dividend)694€83k€0▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (9 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
2025
21-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 21 days late
31-03
Financial
Liquidity times 6current ratio 81.16
Current ratio from 14.26 to 81.16; short-term debt falls from €193k to €42k.
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
31-03
Financial
Liquidity doublescurrent ratio 14.26
Current ratio from 6.95 to 14.26; short-term debt falls from €355k to €193k.
2023
14-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 14 days late
2022
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
31-03
Financial
Highest result since 2019net €1.60M ▲275%
Operating result €1.07M, net result €1.60M, both a record.
31-03
Financial
Equity above €2MEq €2.56M ▲126%
4 profitable years in a row build equity to €2.56M.
2021
19-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 19 days late
31-03
Financial
Equity above €1MEq €1.13M ▲60.1%
3 profitable years in a row build equity to €1.13M.
2020
10-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 40 days late
31-03
Financial
Weakest financial yearnet €96k ▼41.4%
Net result drops to €96k, the lowest in the series; recovery starts the following year.
2019
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
01-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2025
Rik LEMBRECHTS
CurrentDirector · since 04-06-2025
04-06-2025
Appointed as Director
Location & real-estate footprint
Registered office, Sint-Katelijne-Waver · 1 establishment unit since 2008
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.
Dreefvelden 582860 Sint-Katelijne-WaverGround area
1,959 m²
Building footprint
1,186 m²
Volume, LiDAR
3 m³
Parcel 12035B0798/00A000, Flanders · tallest building 0.4 m. Linked by address, not a title deed.
1 establishment unit
HRE
since 20082.175.075.342
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12035B0798/00A000 | Flanders | 1,959 m² | 1 · 1,186 m² | 0.4 m |
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.
Similar companies · same sector, comparable size
FINSTAR CAPITAL
BE 0464.510.630
Schilde · Eq €4.47M
CRABBE HOLDING
BE 0542.871.386
Zoutleeuw · Eq €4.47M
FMI
BE 0888.353.912
Antwerpen · Eq €4.47M
VOCO INVEST
BE 0457.031.435
Diepenbeek · Eq €4.46M
BREVAK
BE 0870.220.157
Antwerpen · Eq €4.46M
Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 12,141 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-10-2008
Fiscal year end31-03
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.