HS MANAGEMENT SERVICES
InactiveHS MANAGEMENT SERVICES was declared bankrupt on 19-01-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 22-10-2024, published in the Belgian State Gazette on 29-10-2024.
Summary
Inactive; last annual accounts for fiscal year 2016.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2016. Since then, 9 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2017 close31-07-2018 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 28-08-2017, 28 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
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2016, micro schema
Equity
€-82k▲ 17.5%
2015 · €-99k
2012: €-53k
2013: €-69k
2014: €-93k
2015: €-99k
2012 → 2016
Total assets
€24k▲ 13,122%
2015 · €182
2012: €33k
2013: €26k
2014: €12k
2015: €182
2012 → 2016
Net result
€17k
2015 · €-6k
2012: €-9k
2013: €-16k
2014: €-24k
2015: €-6k
2012 → 2016
Working capital
€-82k▲ 17.5%
2015 · €-99k
2012: €-81k
2013: €-90k
2014: €-102k
2015: €-99k
2012 → 2016
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20122013201420152016Trend
Equity€-53k-€-69k▼ 30.1%€-93k▼ 35.2%€-99k▼ 7.0%€-82k▲ 17.5%
Operating result€-1k-€-10k▼ 824%€-21k▼ 104%€-5k▲ 75.5%€18k
Net result€-9k-€-16k▼ 82.4%€-24k▼ 51.9%€-6k▲ 73.1%€17k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2016: €18k after a loss of €5k in 2015, the highest result in the available series.
Key figures and ratios
Solvency
-340.5%
Current ratio
0.23
ROA
72.2%
Debt
€106k▲
2015 · €99k
Debt ≤ 1 year
€106k▲
2015 · €99k
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 · 2016 against 2015 · 20 lines
Balance sheet
Code20152016
Assets
Total assets20/58€182€24k▲
Current assets29/58€182€24k▲
Amounts receivable within one year40/41€182€24k▲
Cash at bank and in hand54/58-€53
Equity and liabilities
Total equity and liabilities10/49€182€24k▲
Equity10/15€-99k€-82k▲
Contributions10/11€19k€19k=
Reserves13€15k€15k=
Profit (loss) carried forward14€-132k€-115k▲
Amounts payable17/49€99k€106k▲
Amounts payable within one year42/48€99k€106k▲
Trade debts44€16k€5k▼
Income statement
Code20152016
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k-
Gross operating margin9900€5k€19k▲
Operating profit (loss)9901€-5k€18k▲
Recurring financial income75-€7
Recurring financial charges65€1k€748▼
Profit (loss) for the period before taxes9903€-6k€17k▲
Profit (loss) for the period9904€-6k€17k▲
Profit (loss) for the period to be appropriated9905€-6k€17k▲
Timeline · acts, filings and financial milestones
2024
29-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 22-10-2024
2023
25-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 19-01-2023
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
31-12
Financial
Back to profitnet €17k
Net result €17k after 4 loss-making years.
24-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 28 days late
2014
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
27-09
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 58 days late
2012
13-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 13 days late
2011
30-08
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 30 days late
2010
30-08
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 30 days late
2009
31-08
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema · 31 days late
2008
28-08
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KJELL SWARTELE ANSELMOSTRAAT 2,
2018 ANTWERPEN 1 |
19-01-2023 → 22-10-2024 |