HSB-design
ActiveHSB-design has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €11k and a net result of €16k. Equity is shrinking by ~18.9% per year across the filed fiscal years. Its solvency ranks better than 30% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
86
/ 100
Excellent▲ +79 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency56▲+23
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 0.48 in 2023), and 67.3% 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.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
32.7%
Return on assets
49.8%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
33 d early
2022
30 d late
2021
24 d early
2020
25 d early
2019
23 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€11k
2023 · €-6k
2019: €8k
2020: €21k
2021: €24k
2022: €15k
2023: €-6k
2019 → 2024
Total assets
€33k▲ 43.1%
2023 · €23k
2019: €47k
2020: €66k
2021: €57k
2022: €48k
2023: €23k
2019 → 2024
Net result
€16k
2023 · €-21k
2019: €2k
2020: €13k
2021: €3k
2022: €-8k
2023: €-21k
2019 → 2024
Working capital
€5k
2023 · €-15k
2019: €-6k
2020: €-853
2021: €6k
2022: €1k
2023: €-15k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€21k-€24k▲ 14.1%€15k▼ 35.2%€-6k€11k
Operating result€18k-€5k▼ 70.1%€-6k€-19k▼ 200%€18k
Net result€13k-€3k▼ 77.5%€-8k€-21k▼ 153%€16k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €18k after a loss of €19k in 2023, the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €33k
Fixed assets
€6k▼ 42.0%
Current assets
€27k▲ 104%
Equity and liabilities €33k
Equity
€11k
Debt
€22k
Debt finances 67.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€23k▲
2023 · €-9k
Cash flow
€22k▲
2023 · €-11k
Solvency
32.7%▲
2023 · -24.4%
Current ratio
1.24▲
2023 · 0.48
Quick ratio
1.08▲
2023 · 0.32
Debt / equity
2.06▲
2023 · -5.09
ROE
152.2%▼
2023 · 370.9%
ROA
49.8%▲
2023 · -90.6%
Interest coverage
15.17▲
2023 · -5.51
Debt
€22k▼
2023 · €29k
Debt ≤ 1 year
€22k▼
2023 · €28k
Income taxes
€54▼
2023 · €123
Staff costs
€455▼
2023 · €1k
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€23k€33k▲
Fixed assets21/28€10k€6k▼
Tangible fixed assets22/27€10k€6k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€6k€4k▼
Current assets29/58€13k€27k▲
Stocks and contracts in progress3€5k€4k▼
Stocks30/36€5k€4k▼
Amounts receivable within one year40/41€6k€22k▲
Trade receivables40€2k€15k▲
Other amounts receivable41€3k€7k▲
Cash at bank and in hand54/58-€439
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€23k€33k▲
Equity10/15€-6k€11k▲
Contributions10/11€6k€6k=
Reserves13€17k€17k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€-29k€-13k▲
Amounts payable17/49€29k€22k▼
Amounts payable within one year42/48€28k€22k▼
Current portion of amounts payable after more than one year42€3k-
Financial debts43€7k-
Credit institutions430/8€7k-
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€8k€3k▼
Taxes450/3€6k€2k▼
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€7k€14k▲
Accrued charges and deferred income492/3€372€117▼
Income statement
Code20232024
Remuneration, social security and pensions62€1k€455▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€5k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-7k€25k▲
Operating profit (loss)9901€-19k€18k▲
Financial income75/76B€8€29▲
Recurring financial income75€8€29▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-21k€16k▲
Income taxes67/77€123€54▼
Profit (loss) for the period9904€-21k€16k▲
Profit (loss) for the period to be appropriated9905€-21k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-29k€-13k▲
Profit (loss) brought forward from the previous period14P€-8k€-29k▼
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
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.24
Current ratio from 0.48 to 1.24; short-term debt falls from €28k to €22k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Pelt · 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.
Hoevenstraat 523900 PeltGround area
994 m²
Building footprint
159 m²
Volume, LiDAR
679 m³
Parcel 72502D0489/00D000, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HSB-design
since 20192.287.546.644
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72502D0489/00D000 | Flanders | 994 m² | 1 · 159 m² | 7.5 m · 1 fl. |
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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 1,198 EUR awarded · 1,198 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 118 EUR | 118 EUR |
| 2023 | 1 | 1,080 EUR | 1,080 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,256 companies in sector 71113 we hold annual accounts for 656. 418 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-03-2019
Fiscal year end31-12
Activities, NACEBEL
71113Urban planning and landscape architecture
01430Raising of horses and other equines
01620Support activities for animal production
46231Wholesale of live animals
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
93110Operation of sports facilities
93127Equestrian clubs
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.