HS PROJECTS
ActiveSummary
HS PROJECTS has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €9k. Its solvency ranks better than 25% of 994 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes
Profitability88
Solvency49
Growth-
Track record67
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.54; short-term debt: 76.1% and cash: 34.4% of total assets), and 76.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← 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
23.9%
Return on assets
15.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 994 sector peers (2025).
NBB · sector comparisonPosition among 994 sector peers
Solvency
better than 25%
← weakest
strongest →
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 04-07-2026, 27 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
27 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€14k
Total assets
€61k
Net result
€9k
Working capital
€-21k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €60k
Fixed assets
€35k
Current assets
€25k
Equity and liabilities €61k
Equity
€14k
Debt
€46k
Debt finances 76.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€17k
Cash flow
€12k
Current ratio
0.54
Debt to equity
3.19
ROE
65.5%
ROA
15.6%
Interest coverage
8.92
Debt ≤ 1 year
€46k
Income taxes
€4k
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet
Code2025
Assets
Total assets20/58€61k
Formation expenses20€362
Fixed assets21/28€35k
Intangible fixed assets21€27k
Tangible fixed assets22/27€8k
Furniture and vehicles24€8k
Current assets29/58€25k
Amounts receivable within one year40/41€4k
Other amounts receivable41€4k
Cash at bank and in hand54/58€21k
Equity and liabilities
Total equity and liabilities10/49€61k
Equity10/15€14k
Contributions10/11€5k
Reserves13€9k
Distributable reserves133€9k
Amounts payable17/49€46k
Amounts payable within one year42/48€46k
Trade debts44€12k
Suppliers440/4€12k
Taxes, remuneration and social security45€7k
Taxes450/3€7k
Other amounts payable47/48€27k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€688
Gross operating margin9900€18k
Operating profit (loss)9901€15k
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€2k
Recurring financial charges65€2k
Profit (loss) for the period before taxes9903€13k
Income taxes67/77€4k
Profit (loss) for the period9904€9k
Profit (loss) for the period to be appropriated9905€9k
Appropriation of the result
Profit (loss) to be appropriated9906€9k
Transfer to equity691/2€9k
To other reserves6921€9k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k |
| Other operating charges640/8 | €688 |
| Gross operating margin9900 | €18k |
| Operating profit (loss)9901 | €15k |
| Financial income75/76B | €1 |
| Recurring financial income75 | €1 |
| Financial charges65/66B | €2k |
| Recurring financial charges65 | €2k |
| Profit (loss) for the period before taxes9903 | €13k |
| Income taxes67/77 | €4k |
| Profit (loss) for the period9904 | €9k |
| Profit (loss) for the period to be appropriated9905 | €9k |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €61k | |
| Formation expenses20 | €362 | |
| Fixed assets21/28 | €35k | |
| Intangible fixed assets21 | €27k | |
| Tangible fixed assets22/27 | €8k | |
| Furniture and vehicles24 | €8k | |
| Current assets29/58 | €25k | |
| Amounts receivable within one year40/41 | €4k | |
| Other amounts receivable41 | €4k | |
| Cash at bank and in hand54/58 | €21k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €61k | |
| Equity10/15 | €14k | |
| Contributions10/11 | €5k | |
| Reserves13 | €9k | |
| Distributable reserves133 | €9k | |
| Amounts payable17/49 | €46k | |
| Amounts payable within one year42/48 | €46k | |
| Trade debts44 | €12k | |
| Suppliers440/4 | €12k | |
| Taxes, remuneration and social security45 | €7k | |
| Taxes450/3 | €7k | |
| Other amounts payable47/48 | €27k | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €9k |
| + Depreciation and write-downs630 | €2k |
| Operating cash flow (approximation) | €12k |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
04-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Heist-op-den-Berg · 1 establishment unit since 2025
Ground area
702 m²
Building footprint
111 m²
Parcel 12033B0624/00R000, Flanders. Linked by address, not a title deed.
1 establishment unit
HS PROJECTS
since 20252.373.612.764
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12033B0624/00R000 | Flanders | 702 m² | 1 · 111 m² | 0.0 m |
Linked by address, not proof of ownership
Good to know
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
MOKTA
BE 0755.676.619
Londerzeel · Eq €14,303
FORGET STIERLI AQUATIC
BE 0799.976.618
Profondeville · Eq €14,923
ZWEMBADEN HERVE
BE 0776.613.870
Aalter · Eq €15,187
SA Consultancy Europe
BE 0801.053.813
Aalst · Eq €15,866
AVT Forages & Travaux
BE 0824.014.604
Wavre · Eq €17,787
Of 393 companies in sector 42990 we hold annual accounts for 182. 97 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-04-2025
Fiscal year end31-12
Trade name NL
Sweeckgreen
Activities, NACEBEL 2025
42990Civil engineering
81300Landscape service activities
Scores and ratios are computed by Checked and are not a credit decision.