HSB2
ActiveSummary
HSB2 has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71k and a net result of €59k. Equity is growing by ~28.6% per year across the filed fiscal years. Its solvency ranks better than 35% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency61▲+8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 1.03 in 2024; short-term debt: 61.9% and cash: 5.6% of total assets), and 63.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 70
Relative position
BE, all sectors
reference
Sector 70
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
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
36.4%
Return on assets
30.4%
Age of the figures
9 mo
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 27-04-2026, 95 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
95 d early
2024
27 d early
2023
36 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€71k▲ 14.8%
2024 · €62k
2023: €36k
2024: €62k
2023 → 2025
Total assets
€194k▼ 10.8%
2024 · €218k
2023: €215k
2024: €218k
2023 → 2025
Net result
€59k▼ 49.1%
2024 · €116k
2023: €137k
2024: €116k
2023 → 2025
Working capital
€5k▲ 24.1%
2024 · €4k
2023: €64
2024: €4k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€36k-€62k▲ 73.5%€71k▲ 14.8%
Operating result€182k-€154k▼ 15.6%€77k▼ 50.1%
Net result€137k-€116k▼ 15.1%€59k▼ 49.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 50% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €194k
Fixed assets
€69k ▲ 19.7%
Current assets
€126k ▼ 21.8%
Equity and liabilities €194k
Equity
€71k ▲ 14.8%
Debt
€124k ▼ 21.0%
Debt's share of the balance-sheet total falls from 71.7% to 63.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€95k▼
2024 · €168k
Cash flow
€77k▼
2024 · €130k
Current ratio
1.04▲
2024 · 1.03
Debt to equity
1.75▼
2024 · 2.53
ROE
83.5%▼
2024 · 188.2%
ROA
30.4%▼
2024 · 53.3%
Interest coverage
136.31▼
2024 · 275.04
Debt ≤ 1 year
€120k▼
2024 · €156k
Debt > 1 year
€3k
Income taxes
€17k▼
2024 · €37k
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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€218k€194k▼
Fixed assets21/28€57k€69k▲
Tangible fixed assets22/27€57k€69k▲
Plant, machinery and equipment23€14k€23k▲
Furniture and vehicles24€42k€46k▲
Assets under construction and advance payments27€2k-
Current assets29/58€161k€126k▼
Amounts receivable within one year40/41€152k€113k▼
Trade receivables40€146k€113k▼
Other amounts receivable41€5k-
Cash at bank and in hand54/58€7k€11k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€218k€194k▼
Equity10/15€62k€71k▲
Contributions10/11€1k€1k=
Reserves13€100€100=
Non-distributable reserves130/1€100€100=
Reserves not available under the articles1311€100€100=
Profit (loss) carried forward14€61k€70k▲
Amounts payable17/49€156k€124k▼
Amounts payable after more than one year17-€3k
Financial debts170/4-€3k
Amounts payable within one year42/48€156k€120k▼
Current portion of amounts payable after more than one year42-€1k
Trade debts44€18k€11k▼
Suppliers440/4€18k€11k▼
Taxes, remuneration and social security45€47k€53k▲
Taxes450/3€47k€53k▲
Other amounts payable47/48€91k€55k▼
Accrued charges and deferred income492/3€67€12▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€18k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€170k€97k▼
Operating profit (loss)9901€154k€77k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€610€697▲
Recurring financial charges65€610€697▲
Profit (loss) for the period before taxes9903€153k€76k▼
Income taxes67/77€37k€17k▼
Profit (loss) for the period9904€116k€59k▼
Profit (loss) for the period to be appropriated9905€116k€59k▼
Appropriation of the result
Profit (loss) to be appropriated9906€151k€120k▼
Profit (loss) brought forward from the previous period14P€34k€61k▲
Profit to be distributed694/7€90k€50k▼
Return on contributions (dividend)694€90k€50k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €59k ▼49.1%
Net result drops to €59k, the lowest in the series.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Overijse · 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.
Valkenweg 1153090 OverijseGround area
3,880 m²
Building footprint
98 m²
Volume, LiDAR
778 m³
2 parcels, Brussels, Flanders · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
HSB2
since 20192.292.452.270
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23544C0005/00D002 | Flanders | 3,780 m² | 1 · 36 m² | - |
| 21362B0055/00S013 | Brussels | 100 m² | 1 · 62 m² | 15.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
M003
BE 1014.500.234
Hulshout · Eq €70,804
A-gile
BE 1003.026.619
Antwerpen · Eq €70,818
EUROPEAN NURSERYSTOCK ASSOCIATION
BE 0536.747.223
Gent · Eq €70,800
OPTIVY Patrimoine & Finance
BE 0536.575.888
Florennes · Eq €70,823
Retail e-Motion
BE 0890.631.135
Willebroek · Eq €70,824
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 39,691 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.