HRWeb Solutions
ActiveSummary
HRWeb Solutions has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.3m and a net result of €2.3m. Equity is growing by about 54% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).
Financials · financial year 2025, abbreviated format
Equity
€4.3m▲ 111%
2024 · €2.0m
Total assets
€7.8m▲ 27.7%
2024 · €6.1m
Net result
€2.3m▲ 747%
2024 · €266,720
Working capital
€5.5m▲ 22.1%
2024 · €4.5m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 673% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€3.1m
2025
Net result€2.3m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€7.8m
2025
Equity€4.3m
2025
Debt€3.5m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€5.5m
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)23.4
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.2m-€0.5m▲ 138%€0.7m▲ 55.2%€1.1m▲ 50.9%€2.2m▲ 95.9%€1.8m▼ 18.4%€0.4m▼ 77.8%€3.1m▲ 673%
Net result€0.1m-€0.3m▲ 175%€0.5m▲ 61.1%€0.8m▲ 51.1%€1.6m▲ 102%€1.3m▼ 19.1%€0.3m▼ 79.6%€2.3m▲ 747%
Equity€0.3m-€0.6m▲ 130%€0.6m=€0.6m▲ 0.5%€0.5m▼ 22.4%€1.8m▲ 288%€2.0m▲ 15.1%€4.3m▲ 111%
Total assets€0.7m-€1.4m▲ 99.2%€1.9m▲ 40.3%€2.2m▲ 13.6%€2.7m▲ 25.4%€3.2m▲ 15.3%€6.1m▲ 93.1%€7.8m▲ 27.7%
Debt€0.4m-€0.8m▲ 99.4%€1.3m▲ 70.1%€1.6m▲ 19.4%€2.3m▲ 42.9%€1.4m▼ 39.0%€4.1m▲ 192%€3.5m▼ 14.1%
Working capital€0.2m-€0.6m▲ 168%€0.5m▼ 7.8%€0.6m▲ 8.2%€0.2m▼ 61.8%€2.0m▲ 839%€4.5m▲ 119%€5.5m▲ 22.1%
Staff (FTE)11.3-14▲ 23.9%15.6▲ 11.4%19.2▲ 23.1%20.9▲ 8.9%23.5▲ 12.4%23.5=23.4▼ 0.4%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.8m
Fixed assets
€477,949 ▲ 129%
Current assets
€7.3m ▲ 24.1%
Equity and liabilities €7.8m
Equity
€4.3m ▲ 111%
Debt
€3.5m ▼ 14.1%
Debt's share of the balance-sheet total falls from 66.7% to 44.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€3.2m▲
2024 · €492,071
Cash flow
€2.3m▲
2024 · €358,519
Current ratio
3.95▼
2024 · 4.15
Debt to equity
0.82▼
2024 · 2.00
ROE
52.7%▲
2024 · 13.1%
ROA
29.0%▲
2024 · 4.4%
Interest coverage
71.19▲
2024 · 14.15
Debt ≤ 1 year
€1.9m▲
2024 · €1.4m
Income taxes
€807,460▲
2024 · €119,546
Staff costs
€2.1m▲
2024 · €2.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €0.03m | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €1.3m | €1.4m | €1.8m | €2.1m | €2.1m | ▲ 1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.1m | €0.08m | €0.07m | €0.09m | €0.1m | €0.09m | €0.08m | ▼ 12.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | - | €0.09m | - |
| Other operating charges640/8 | - | - | - | €0.06m | €0.006m | €0.02m | €0.02m | €0.006m | ▼ 72.4% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €0.009m | - |
| Gross operating margin9900 | €1.1m | €1.5m | €1.9m | €2.6m | €3.7m | €3.7m | €2.6m | €5.4m | ▲ 107% |
| Operating profit (loss)9901 | €0.2m | €0.5m | €0.7m | €1.1m | €2.2m | €1.8m | €0.4m | €3.1m | ▲ 673% |
| Financial income75/76B | - | - | - | €7 | €0.001m | €0.006m | €0.02m | €0.02m | ▼ 8.2% |
| Recurring financial income75 | €95 | €0.002m | €299 | €7 | €0.001m | €0.006m | €0.02m | €0.02m | ▼ 8.2% |
| Financial charges65/66B | - | - | - | €0.02m | €0.02m | €0.02m | €0.03m | €0.04m | ▲ 28.2% |
| Recurring financial charges65 | €0.01m | €0.01m | €0.02m | €0.02m | €0.02m | €0.02m | €0.03m | €0.04m | ▲ 28.2% |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.5m | €0.7m | €1.1m | €2.2m | €1.8m | €0.4m | €3.1m | ▲ 694% |
| Income taxes67/77 | €0.07m | €0.1m | €0.2m | €0.3m | €0.6m | €0.5m | €0.1m | €0.8m | ▲ 575% |
| Profit (loss) for the period9904 | €0.1m | €0.3m | €0.5m | €0.8m | €1.6m | €1.3m | €0.3m | €2.3m | ▲ 747% |
| Profit (loss) for the period to be appropriated9905 | €0.1m | €0.3m | €0.5m | €0.8m | €1.6m | €1.3m | €0.3m | €2.3m | ▲ 747% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.7m | €1.4m | €1.9m | €2.2m | €2.7m | €3.2m | €6.1m | €7.8m | ▲ 27.7% |
| Fixed assets21/28 | €0.08m | €0.3m | €0.3m | €0.2m | €0.3m | €0.3m | €0.2m | €0.5m | ▲ 129% |
| Intangible fixed assets21 | €0.06m | €0.02m | €0.002m | €397 | €0.1m | €0.1m | €0.08m | €0.3m | ▲ 339% |
| Tangible fixed assets22/27 | €0.01m | €0.3m | €0.3m | €0.2m | €0.2m | €0.1m | €0.08m | €0.09m | ▲ 12.9% |
| Plant, machinery and equipment23 | - | - | - | €0.03m | €0.04m | €0.03m | €0.02m | €0.02m | ▼ 29.1% |
| Furniture and vehicles24 | - | - | - | €0.09m | €0.06m | €0.03m | €0.004m | €0.02m | ▲ 559% |
| Leasing and similar rights25 | - | - | - | €0.02m | €0.009m | €0 | - | - | - |
| Other tangible fixed assets26 | - | - | - | €0.09m | €0.08m | €0.06m | €0.05m | €0.05m | ▼ 7.7% |
| Financial fixed assets28 | €0.003m | €0.003m | €0.003m | €0.006m | €0.02m | €0.06m | €0.06m | €0.06m | = |
| Current assets29/58 | €0.6m | €1.1m | €1.6m | €2.0m | €2.4m | €2.9m | €5.9m | €7.3m | ▲ 24.1% |
| Amounts receivable within one year40/41 | €0.4m | €0.4m | €0.8m | €0.7m | €1.2m | €1.5m | €2.1m | €1.4m | ▼ 35.9% |
| Trade receivables40 | - | - | - | €0.7m | €1.2m | €1.4m | €1.8m | €1.3m | ▼ 26.9% |
| Other amounts receivable41 | - | - | - | €0.005m | €446 | €0.06m | €0.3m | €0.03m | ▼ 89.9% |
| Cash at bank and in hand54/58 | €0.3m | €0.6m | €0.8m | €1.2m | €1.2m | €1.3m | €3.7m | €5.9m | ▲ 57.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.08m | €0.03m | €0.04m | €0.04m | €0.08m | ▲ 75.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.7m | €1.4m | €1.9m | €2.2m | €2.7m | €3.2m | €6.1m | €7.8m | ▲ 27.7% |
| Equity10/15 | €0.3m | €0.6m | €0.6m | €0.6m | €0.5m | €1.8m | €2.0m | €4.3m | ▲ 111% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | - | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Distributable reserves133 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Profit (loss) carried forward14 | €0.2m | €0.5m | €0.5m | €0.5m | €0.4m | €1.7m | €1.9m | €4.2m | ▲ 117% |
| Provisions and deferred taxes16 | €0.04m | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €0.4m | €0.8m | €1.3m | €1.6m | €2.3m | €1.4m | €4.1m | €3.5m | ▼ 14.1% |
| Amounts payable after more than one year17 | - | €0.2m | €0.2m | €0.1m | €0.08m | €0.02m | €0 | - | - |
| Financial debts170/4 | - | - | - | €0.1m | €0.08m | €0.02m | €0 | - | - |
| Amounts payable within one year42/48 | €0.4m | €0.5m | €1.1m | €1.4m | €2.2m | €0.8m | €1.4m | €1.9m | ▲ 30.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0.06m | €0.06m | €0.02m | €0 | ▼ 100% |
| Trade debts44 | €0.2m | €0.3m | €0.3m | €0.2m | €0.08m | €0.5m | €1.0m | €1.2m | ▲ 20.8% |
| Suppliers440/4 | - | - | - | €0.2m | €0.08m | €0.5m | €1.0m | €1.2m | ▲ 20.8% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.3m | €0.3m | €0.4m | €0.7m | ▲ 59.8% |
| Taxes450/3 | - | - | - | €0.03m | €0.1m | €0.09m | €0.2m | €0.5m | ▲ 189% |
| Remuneration and social security454/9 | - | - | - | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | ▼ 23.6% |
| Other amounts payable47/48 | - | - | - | €1.0m | €1.8m | €0.006m | €0.005m | €27 | ▼ 99.5% |
| Accrued charges and deferred income492/3 | - | - | - | €0.07m | €0.02m | €0.5m | €2.7m | €1.6m | ▼ 37.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.1m | €0.3m | €0.5m | €0.8m | €1.6m | €1.3m | €0.3m | €2.3m | ▲ 747% |
| + Depreciation and write-downs630 | €0.1m | €0.1m | €0.08m | €0.07m | €0.09m | €0.1m | €0.09m | €0.08m | ▼ 12.0% |
| Operating cash flow (approximation) | €0.2m | €0.4m | €0.6m | €0.9m | €1.7m | €1.4m | €0.4m | €2.3m | ▲ 553% |
| Investment in fixed assets (approximation) | - | -€0.3m | -€0.07m | -€0.02m | -€0.2m | -€0.05m | -€0.01m | -€0.4m | ▼ 3,578% |
| Change in cash | - | €0.4m | €0.2m | €0.4m | -€0.02m | €0.1m | €2.4m | €2.1m | ▼ 10.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 10-07-2026 | 2026-00288653 |
| 31-12-2024 | abbreviated format | 18-07-2025 | 2025-00291325 |
| 31-12-2023 | abbreviated format | 24-07-2024 | 2024-00291589 |
| 31-12-2022 | abbreviated format | 29-06-2023 | 2023-00192801 |
| 31-12-2021 | abbreviated format | 06-07-2022 | 2022-20159891 |
| 31-12-2020 | abbreviated format | 28-06-2021 | 2021-24800536 |
| 31-12-2019 | abbreviated format | 07-07-2020 | 2020-26600202 |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-62400395 |
| 31-12-2017 | abbreviated format | 27-08-2018 | 2018-50600319 |
| 31-12-2016 | abbreviated format | 30-05-2017 | 2017-13400162 |
Similar companies · same sector, comparable size
Airwave
BE 0739.671.520
Kontich · equity €4,296,916
BEAULIEU ICT
BE 0469.588.678
Waregem · equity €4,281,568
GeoSquare Experts
BE 0888.908.493
Edegem · equity €4,253,184
NTX
BE 0862.443.331
Geel · equity €4,249,155
Elision
BE 0884.167.272
Hasselt · equity €4,363,152
Of the 29,854 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,793. 2,242 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts
5 awards · 2024 to 2025
Déploiement d'une solution logicielle de gestion des processus soft HR pour l'IFAPME: Déploiement d’une solution logicielle de gestion des processus soft HR pour l’IFAPME
Mise à disposition, déploiement, mise en oeuvre et maintenance d'une solution digitale intégrée de gestion des Soft RH pour le CHU UCL Namur
SIRH MPLEO - Abonnements, Maintenance, Consultance et Développement (2025 - 2028): Abonnements et maintenance
SIRH MPLEO - Abonnements, Maintenance, Consultance et Développement (2025 - 2028): Lot 2 Consultance
SIRH MPLEO - Abonnements, Maintenance, Consultance et Développement (2025 - 2028): Développements
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.