HS SOUDURE
ActiveThe computed 12-month bankruptcy probability of HS SOUDURE is 2.0% (moderate). The 2024 annual accounts show equity of €204k and a net result of €84k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 40% of 2438 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
94
/ 100
Excellent▲ +21 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency74▲+40
Growth78=
Stability100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 1.7 against 1.28 in 2023), but 62.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
21 d late
2023
33 d early
2022
32 d early
2021
23 d late
2020
23 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€84k▲ 0.6%
2023 · €83k
2020: €81k
2021: €64k
2022: €77k
2023: €83k
2020 → 2024
Working capital
€169k▲ 101%
2023 · €84k
2020: €7k
2021: €35k
2022: €157k
2023: €84k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€91k-€155k▲ 70.1%€233k▲ 49.7%€121k▼ 48.2%€204k▲ 69.3%
Operating result€113k-€84k▼ 25.6%€97k▲ 15.2%€109k▲ 12.8%€122k▲ 11.9%
Net result€81k-€64k▼ 21.3%€77k▲ 20.6%€83k▲ 7.5%€84k▲ 0.6%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 12% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €545k
Fixed assets
€136k▼ 26.2%
Current assets
€409k▲ 5.4%
Equity and liabilities €545k
Equity
€204k▲ 69.3%
Debt
€341k▼ 24.5%
The debt ratio falls from 78.9% to 62.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€206k▼
2023 · €216k
Cash flow
€168k▼
2023 · €190k
Solvency
37.4%▲
2023 · 21.1%
Current ratio
1.70▲
2023 · 1.28
Quick ratio
1.70▲
2023 · 1.28
Debt / equity
1.67▼
2023 · 3.75
ROE
40.9%▼
2023 · 68.8%
ROA
15.3%▲
2023 · 14.5%
Interest coverage
16.13▼
2023 · 31.21
Debt
€341k▼
2023 · €452k
Debt ≤ 1 year
€240k▼
2023 · €304k
Debt > 1 year
€94k▼
2023 · €146k
Income taxes
€29k▲
2023 · €23k
Staff costs
€28k▲
2023 · €5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€573k€545k▼
Fixed assets21/28€184k€136k▼
Intangible fixed assets21€24k€15k▼
Tangible fixed assets22/27€160k€121k▼
Land and buildings22€921€122▼
Plant, machinery and equipment23€43k€33k▼
Furniture and vehicles24€91k€86k▼
Leasing and similar rights25€25k€3k▼
Financial fixed assets28€175€175=
Current assets29/58€389k€409k▲
Amounts receivable within one year40/41€80k€159k▲
Trade receivables40€62k€157k▲
Other amounts receivable41€18k€3k▼
Cash at bank and in hand54/58€305k€248k▼
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€573k€545k▼
Equity10/15€121k€204k▲
Contributions10/11€10k€10k=
Reserves13€110k€190k▲
Distributable reserves133€110k€190k▲
Profit (loss) carried forward14€572€4k▲
Amounts payable17/49€452k€341k▼
Amounts payable after more than one year17€146k€94k▼
Financial debts170/4€146k€94k▼
Amounts payable within one year42/48€304k€240k▼
Current portion of amounts payable after more than one year42€50k€52k▲
Trade debts44€26k€16k▼
Suppliers440/4€26k€16k▼
Taxes, remuneration and social security45€15k€23k▲
Taxes450/3€12k€17k▲
Remuneration and social security454/9€4k€6k▲
Other amounts payable47/48€214k€149k▼
Accrued charges and deferred income492/3€2k€7k▲
Income statement
Code20232024
Remuneration, social security and pensions62€5k€28k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€107k€84k▼
Other operating charges640/8€908€1k▲
Gross operating margin9900€221k€235k▲
Operating profit (loss)9901€109k€122k▲
Financial income75/76B€4k€4k▼
Recurring financial income75€4k€4k▼
Financial charges65/66B€7k€13k▲
Recurring financial charges65€7k€13k▲
Profit (loss) for the period before taxes9903€106k€113k▲
Income taxes67/77€23k€29k▲
Profit (loss) for the period9904€83k€84k▲
Profit (loss) for the period to be appropriated9905€83k€84k▲
Appropriation of the result
Profit (loss) to be appropriated9906€196k€84k▼
Profit (loss) brought forward from the previous period14P€113k€572▼
Transfer to equity691/2-€80k
To other reserves6921-€80k
Profit to be distributed694/7€195k-
Return on contributions (dividend)694€195k-
Social balance
Average headcount (FTE)90870.1-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Highest result since 2020net €84k ▲0.6%
Operating result €122k, net result €84k, both a record.
31-12
Financial
Equity above €200kEq €204k ▲69.3%
5 profitable years in a row build equity to €204k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €233k ▲49.7%
3 profitable years in a row build equity to €233k.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Weakest financial yearnet €64k ▼21.3%
Net result drops to €64k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €155k ▲70.1%
2 profitable years in a row build equity to €155k.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
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, Hamois · 1 establishment unit since 2019
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.
Tige de Buresse 325360 HamoisGround area
809 m²
Building footprint
142 m²
Parcel 91059E0170/00K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Tige de Buresse 32, 5360 Hamois
since 20192.297.049.971
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91059E0170/00K000 | Wallonia | 809 m² | 1 · 142 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.
Similar companies · same sector, comparable size
MetalSight
BE 0781.428.040
Grimbergen · Eq €204k
Eeckhout Invest
BE 0860.633.686
Maldegem · Eq €204k
NORAM
BE 0862.347.222
Wommelgem · Eq €204k
BATYMO
BE 0887.176.450
Hamois · Eq €205k
Artinar
BE 0407.654.079
Nieuwerkerken (Limb.) · Eq €205k
Of 3,964 companies in sector 25110 we hold annual accounts for 2,133. 1,653 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-12-2019
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25510Coating of metals
25610Manufacture of fabricated metal products, except machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.