HSBB
ActiveSummary
HSBB has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €680,517 and a net result of €139,161. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 40% of 9,898 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 06-07-2005 Normal situation
- Activity
- Joinery installation NACE 43320and 2 others
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 2021
- Establishment unit
- 2.148.142.994 3960 Bree, since 06-07-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 11-07-2025
Board and ownership
Board
- BOKKEN Dirk Leonardus MariaDirector · since 07-10-2022
- Holdings
- Shares in 1 company D & R
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts 2025
- Gross margin
- €1.1m
- ▲ 0.7%
- Turnover
- ≈ €3.1m
- estimated
- Profit
- €139,161
- ▲ 104%
- Equity
- €680,517
- ▲ 25.7%
- Total assets
- €1.9m
- ▲ 21.3%
- Employees on 31-12-2025
- 11
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskFounded in 2005Liquidity: current ratio 1.37, cash €356,921Profit of €139,161 (financial year 2025)Show the evidence
Checked score
Score 2025
90
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 66% of small companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency
61+1
equity 36.3% of total assets
Liquidity
55+32
short-term debt 39.4% · cash 19.0%
Profitability
78+4
return on assets 7.4%
Bankruptcy probability within 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.7%▲ +0.1 percentage points vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025highest value
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.4%▼ -0.3 percentage points vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.4%▼ -0.1 percentage points vs 05-2026
07-2026: 0.2%▼ -0.2 percentage points vs 06-2026lowest value
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.37 (1.23 in 2024), below the usual 1.5. Short-term debt is 39.4% and cash 19% of total assets. 63.7% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small). It does better than 48% of them on solvency, 69% on liquidity, 66% on profitability and 81% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 days early
2024
50 days early
2023
23 days early
2022
3 days late
2021
25 days late
2020
26 days early
2019
59 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 26 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 09-06-2026 PDF all 20 filings
Turnover
≈ €3.1m
Estimated: probably between €2.3m and €4.1m
Total assets
€1.9m▲ 21.3%
2024 · €1.5m
Net result
€139,161▲ 104%
2024 · €68,307
Working capital
€276,280▲ 29.0%
2024 · €214,225
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€231,229
▲ 94.6%
2025
20182025
Net result
€139,161
▲ 104%
2025
highest quarter of the sector
20182025
Equity
€680,517
▲ 25.7%
2025
highest quarter of the sector
20182025
Total assets
€1.9m
▲ 21.3%
2025
highest quarter of the sector
20182025
Debt
€1.2m
▲ 18.9%
2025
20182025
Working capital
€276,280
▲ 29.0%
2025
middle half of the sector
20182025
Solvency
36.3%
▲ 1.3pp
2025
middle half of the sector
20182025
Current ratio
1.37
▲ 0.14
2025
middle half of the sector
20182025
Return on assets (ROA)
7.4%
▲ 3.0pp
2025
middle half of the sector
20182025
Staff (FTE)
10.9
▼ 10.7%
2025
highest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.2m-€0.3m▲ 40.9%€0.1m▼ 51.7%€0.01m▼ 88.0%€0.07m▲ 383%€0.04m▼ 36.9%€0.1m▲ 167%€0.2m▲ 94.6%
Net result€0.1m-€0.2m▲ 44.8%€0.08mwithin the sector's middle half▼ 50.8%€0.001mbelow the sector's middle half▼ 98.8%€0.04mwithin the sector's middle half▲ 44×€0.01mwithin the sector's middle half▼ 73.6%€0.07mwithin the sector's middle half▲ 482%€0.1mabove the sector's middle half▲ 104%
Equity€0.2m-€0.3m▲ 109%€0.4mwithin the sector's middle half▲ 25.6%€0.4mwithin the sector's middle half▲ 0.2%€0.5mwithin the sector's middle half▲ 10.7%€0.5mwithin the sector's middle half▲ 2.5%€0.5mwithin the sector's middle half▲ 14.4%€0.7mabove the sector's middle half▲ 25.7%
Total assets€0.8m-€1.1m▲ 41.4%€0.9mwithin the sector's middle half▼ 21.2%€1.1mwithin the sector's middle half▲ 21.5%€1.4mwithin the sector's middle half▲ 23.9%€1.7mabove the sector's middle half▲ 23.4%€1.5mwithin the sector's middle half▼ 8.0%€1.9mabove the sector's middle half▲ 21.3%
Debt€0.7m-€0.8m▲ 25.0%€0.5m▼ 40.2%€0.7m▲ 39.7%€0.9m▲ 31.9%€1.2m▲ 34.1%€1.0m▼ 16.8%€1.2m▲ 18.9%
Working capital€0.07m-€0.3m▲ 265%€0.3mwithin the sector's middle half▲ 17.1%€0.5mabove the sector's middle half▲ 49.4%€0.3mwithin the sector's middle half▼ 31.3%€0.2mwithin the sector's middle half▼ 48.1%€0.2mwithin the sector's middle half▲ 26.8%€0.3mwithin the sector's middle half▲ 29.0%
Solvency19.5%-28.8%▲ 9.3pp46.0%within the sector's middle half▲ 17.1pp37.9%within the sector's middle half▼ 8.1pp33.9%within the sector's middle half▼ 4.0pp28.2%within the sector's middle half▼ 5.7pp35.0%within the sector's middle half▲ 6.9pp36.3%within the sector's middle half▲ 1.3pp
Current ratio1.12-1.35▲ 0.231.66within the sector's middle half▲ 0.311.89within the sector's middle half▲ 0.231.41within the sector's middle half▼ 0.481.15below the sector's middle half▼ 0.261.23within the sector's middle half▲ 0.081.37within the sector's middle half▲ 0.14
Return on assets (ROA)14.7%-15.0%▲ 0.3pp9.4%within the sector's middle half▼ 5.6pp0.1%below the sector's middle half▼ 9.3pp3.3%within the sector's middle half▲ 3.2pp0.7%below the sector's middle half▼ 2.6pp4.4%within the sector's middle half▲ 3.7pp7.4%within the sector's middle half▲ 3.0pp
Staff (FTE)3.9-6.2▲ 59.0%7within the sector's middle half▲ 12.9%6.8within the sector's middle half▼ 2.9%9.4within the sector's middle half▲ 38.2%12.2above the sector's middle half▲ 29.8%12.2above the sector's middle half=10.9above the sector's middle half▼ 10.7%
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 95% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets
€860,553 ▲ 115%
Current assets
€1.0m ▼ 11.4%
Equity and liabilities €1.9m
Equity
€680,517 ▲ 25.7%
Debt
€1.2m ▲ 18.9%
Debt's share of the balance-sheet total falls from 65.0% to 63.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€345,547▲
2024 · €181,346
Cash flow
€253,479▲
2024 · €130,821
Quick ratio
1.12▲
2024 · 0.98
Debt to equity
1.75▼
2024 · 1.85
ROE
20.4%▲
2024 · 12.6%
Interest coverage
7.68▲
2024 · 7.15
Debt ≤ 1 year
€737,968▼
2024 · €930,301
Debt > 1 year
€294,412▲
2024 · €73,901
Income taxes
€51,176▲
2024 · €28,085
Staff costs
€726,475▼
2024 · €883,294
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 6 | 10 | 13 | 11 |
| full-time | 6 | 10 | 13 | 11 |
| part-time | - | - | 0 | 0 |
| in full-time equivalents | 6 | 10 | 13 | 11 |
| Average over the year, in full-time equivalents | 6.8 | 9.4 | 12.2 | 10.9 |
| On a permanent contract | 6 | 10 | 13 | 11 |
| Joined | 1 | 16 | 8 | 1 |
| Left | 2 | 12 | 5 | 0 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts guaranteed by Belgian public bodies | - | - | - | - | €409,454 |
| Pledge on the business | - | - | - | - | €173,000 |
| Pledge on other assets, amount secured | - | - | - | - | €368,995 |
| Carrying value of the other pledged assets | - | - | - | - | €432,571 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €162,598 | €165,177 | €85,167 | €573,839 |
| Depreciation and write-downs of the year | €16,111 | €21,937 | €19,713 | €62,514 | €114,318 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 6 entries · €13,505 awarded · €13,310 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €2,212 | €2,212 |
| 2024 | 2 | €3,144 | €3,144 |
| 2023 | 2 | €4,019 | €6,002 |
| 2022 | 1 | €4,130 | €1,952 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €0.006m | - |
| Remuneration, social security and pensions62 | - | - | - | €0.4m | €0.6m | €0.9m | €0.9m | €0.7m | ▼ 17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.06m | €0.1m | ▲ 82.9% |
| Other operating charges640/8 | - | - | - | €0.002m | €0.01m | €0.02m | €0.01m | €0.02m | ▲ 95.2% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €0.01m | €28 | ▼ 99.7% |
| Gross operating margin9900 | €0.5m | €0.6m | €0.5m | €0.4m | €0.7m | €0.9m | €1.1m | €1.1m | ▲ 0.7% |
| Operating profit (loss)9901 | €0.2m | €0.3m | €0.1m | €0.01m | €0.07m | €0.04m | €0.1m | €0.2m | ▲ 94.6% |
| Financial income75/76B | - | - | - | €0.001m | €0.002m | €0.004m | €0.003m | €0.004m | ▲ 40.0% |
| Recurring financial income75 | €0.007m | €0.001m | €0.001m | €0.001m | €0.002m | €0.004m | €0.003m | €0.004m | ▲ 40.0% |
| Financial charges65/66B | - | - | - | €0.01m | €0.01m | €0.03m | €0.03m | €0.04m | ▲ 77.4% |
| Recurring financial charges65 | €0.01m | €0.007m | €0.008m | €0.01m | €0.01m | €0.03m | €0.03m | €0.04m | ▲ 77.4% |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.2m | €0.1m | €0.004m | €0.06m | €0.02m | €0.1m | €0.2m | ▲ 97.5% |
| Income taxes67/77 | €0.05m | €0.08m | €0.03m | €0.003m | €0.02m | €0.01m | €0.03m | €0.05m | ▲ 82.2% |
| Profit (loss) for the period9904 | €0.1m | €0.2m | €0.08m | €0.001m | €0.04m | €0.01m | €0.07m | €0.1m | ▲ 104% |
| Profit (loss) for the period to be appropriated9905 | €0.1m | €0.2m | €0.09m | €0.001m | €0.04m | €0.01m | €0.07m | €0.1m | ▲ 104% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.8m | €1.1m | €0.9m | €1.1m | €1.4m | €1.7m | €1.5m | €1.9m | ▲ 21.3% |
| Fixed assets21/28 | €0.1m | €0.1m | €0.1m | €0.09m | €0.2m | €0.4m | €0.4m | €0.9m | ▲ 115% |
| Tangible fixed assets22/27 | €0.05m | €0.04m | €0.05m | €0.03m | €0.2m | €0.3m | €0.3m | €0.8m | ▲ 135% |
| Land and buildings22 | - | - | - | €0.01m | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 9.3% |
| Plant, machinery and equipment23 | - | - | - | €0.02m | €0.05m | €0.07m | €0.06m | €0.1m | ▲ 72.2% |
| Furniture and vehicles24 | - | - | - | €0.005m | €0.03m | €0.06m | €0.04m | €0.09m | ▲ 112% |
| Leasing and similar rights25 | - | - | - | - | - | - | €0.05m | €0.4m | ▲ 851% |
| Financial fixed assets28 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Current assets29/58 | €0.7m | €1.0m | €0.8m | €1.0m | €1.1m | €1.3m | €1.1m | €1.0m | ▼ 11.4% |
| Stocks and contracts in progress3 | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | €0.3m | €0.2m | €0.2m | ▼ 18.8% |
| Stocks30/36 | - | - | - | €0.3m | €0.2m | €0.3m | €0.2m | €0.2m | ▼ 18.8% |
| Amounts receivable within one year40/41 | €0.3m | €0.6m | €0.3m | €0.7m | €0.8m | €1.0m | €0.8m | €0.4m | ▼ 47.2% |
| Trade receivables40 | - | - | - | €0.5m | €0.6m | €0.6m | €0.4m | €0.2m | ▼ 46.9% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.2m | €0.4m | €0.4m | €0.2m | ▼ 47.5% |
| Cash at bank and in hand54/58 | €0.1m | €0.2m | €0.3m | €0.03m | €0.05m | €0.04m | €0.05m | €0.4m | ▲ 601% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.03m | €0.002m | €0.03m | €0.03m | ▲ 8.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.8m | €1.1m | €0.9m | €1.1m | €1.4m | €1.7m | €1.5m | €1.9m | ▲ 21.3% |
| Equity10/15 | €0.2m | €0.3m | €0.4m | €0.4m | €0.5m | €0.5m | €0.5m | €0.7m | ▲ 25.7% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.1m | €0.3m | €0.4m | €0.4m | €0.4m | €0.5m | €0.5m | €0.7m | ▲ 26.6% |
| Non-distributable reserves130/1 | - | - | - | €0.01m | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.01m | - | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | = |
| Distributable reserves133 | - | - | - | €0.4m | €0.4m | €0.4m | €0.5m | €0.7m | ▲ 26.9% |
| Amounts payable17/49 | €0.7m | €0.8m | €0.5m | €0.7m | €0.9m | €1.2m | €1.0m | €1.2m | ▲ 18.9% |
| Amounts payable after more than one year17 | €0.03m | €0.02m | €0.008m | €0.1m | €0.1m | €0.07m | €0.07m | €0.3m | ▲ 298% |
| Financial debts170/4 | - | - | - | €0.1m | €0.1m | €0.07m | €0.07m | €0.3m | ▲ 298% |
| Amounts payable within one year42/48 | €0.6m | €0.8m | €0.5m | €0.5m | €0.8m | €1.1m | €0.9m | €0.7m | ▼ 20.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.03m | €0.04m | €0.04m | €0.1m | ▲ 179% |
| Financial debts43 | - | - | - | €0.01m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 24.9% |
| Credit institutions430/8 | - | - | - | €0.01m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 24.9% |
| Trade debts44 | €0.4m | €0.6m | €0.3m | €0.3m | €0.5m | €0.8m | €0.5m | €0.1m | ▼ 74.4% |
| Suppliers440/4 | - | - | - | €0.3m | €0.5m | €0.8m | €0.5m | €0.1m | ▼ 74.4% |
| Taxes, remuneration and social security45 | - | - | - | €0.07m | €0.1m | €0.1m | €0.3m | €0.1m | ▼ 53.3% |
| Taxes450/3 | - | - | - | €0.05m | €0.1m | €0.1m | €0.2m | €0.04m | ▼ 80.7% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.004m | €0 | €0.05m | €0.08m | ▲ 55.6% |
| Other amounts payable47/48 | - | - | - | - | - | - | €0.002m | €0.2m | ▲ 72× |
| Accrued charges and deferred income492/3 | - | - | - | €0.04m | - | €114 | €0 | €0.2m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €119,110 | €172,425 | €84,811 | €1,008 | €44,440 | €11,740 | €68,307 | €139,161 | ▲ 104% |
| + Depreciation and write-downs630 | €19,941 | €24,908 | €24,165 | €16,111 | €21,937 | €19,713 | €62,514 | €114,318 | ▲ 82.9% |
| Operating cash flow (approximation) | €139,051 | €197,333 | €108,976 | €17,118 | €66,377 | €31,454 | €130,821 | €253,479 | ▲ 93.8% |
| Investment in fixed assets (approximation) | - | -€15,467 | -€27,836 | €0 | -€162,598 | -€165,177 | -€85,167 | -€573,839 | ▼ 574% |
| Change in cash | - | €124,094 | €41,779 | -€257,876 | €19,958 | -€5,108 | €6,069 | €306,039 | ▲ 50× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 20,136 companies had the same profile as HSBB has now. Two years later, 95.0% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.0%
was still going
4.7%
stopped otherwise
0.2%
went bankrupt
That fits the bankruptcy probability of HSBB itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,136 companies, not a prediction for HSBB. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 09-06-2026 | 2026-00145721 | |
| 31-12-2024 | abbreviated format | 11-06-2025 | 2025-00130641 | |
| 31-12-2023 | abbreviated format | 08-07-2024 | 2024-00228123 | |
| 31-12-2022 | abbreviated format | 03-08-2023 | 2023-00324117 | |
| 31-12-2021 | abbreviated format | 25-08-2022 | 2022-20328314 | |
| 31-12-2020 | abbreviated format | 05-07-2021 | 2021-31100264 | |
| 31-12-2019 | abbreviated format | 02-06-2020 | 2020-14200204 | |
| 31-12-2018 | abbreviated format | 14-08-2019 | 2019-46600079 | |
| 31-12-2017 | abbreviated format | 07-06-2018 | 2018-16700353 | |
| 31-12-2016 | abbreviated format | 26-06-2017 | 2017-21600353 |
Board & ownership
Directors
Directors
1 director, last change in 2022
BOKKEN Dirk Leonardus Maria
Current
Director (not named in the articles) · since 07-10-2022 · earlier manager, until 17-10-2022 · term without a fixed end · also on the board of 1 other company · listed in the 2025 annual accounts, filed on 09-06-2026
Owners and capital
Shareholders
2 ownersOwners 2
-
50%
- Sourceaccounts HEIMO 2021Equity €608,266 Profit of €163,081 in 2025 (profit of €225,912 in 2024) Checked score 9550%
Capital transactions
Capital over time
- 17-10-2022 Capital stated in the deed · 190 shares
Mandate history
3 people, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BOKKEN Dirk Leonardus Maria |
|
| BOVER |
|
| HEIMO |
|
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 2025Equity €1,144 Profit of €93,051 in 2025 (loss of €90,055 in 2024) Checked score 8633.33%
Companies at the same address
2 other companiesConnections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
09-06
abbreviated format · 52 days before the deadline
2025
11-06
abbreviated format · 50 days before the deadline
2024
31-12
Financial
Equity above €500,000equity €541,356 ▲14.4%
With a profit in every financial year since 2018, equity grows to €541,356.
08-07
abbreviated format · 23 days before the deadline
2023
03-08
abbreviated format · 3 days late
2022
17-10
Gazette deed
3 directors resigning, 1 reappointedResignations: HEIMO, BOVER and BOKKEN Dirk Leonardus Maria · Permanent representatives: René HEIJNEN and BOKKEN Dirk Leonardus Maria · Reappointment: BOKKEN Dirk Leonardus Maria (director)15 points ▸
Gazette deed
3 directors resigning, 1 reappointed
Resignations: HEIMO, BOVER and BOKKEN Dirk Leonardus Maria · Permanent representatives: René HEIJNEN and BOKKEN Dirk Leonardus Maria · Reappointment: BOKKEN Dirk Leonardus Maria (director)15 points ▸
- General meeting, 21-09-2022
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “Tweede besluit, van rechtswege omgezet in een statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Director resignation, HEIMO (manager)
- Permanent representative, René HEIJNEN
- Director resignation, BOVER (manager)
- Permanent representative, BOKKEN Dirk Leonardus Maria
- Other provision, “kwijting ontslagnemende zaakvoerders, volgende jaarvergadering” (deed in Dutch)
- Director resignation, BOKKEN Dirk Leonardus Maria (manager)
- Director reappointment, BOKKEN Dirk Leonardus Maria (director (not named in the articles))
- Other provision, “onverenigbaarheid, niet getroffen door onverenigbaarheid” (deed in Dutch)
- Other provision, “kwijting ontslagnemende zaakvoerder, volgende jaarvergadering” (deed in Dutch)
- The act holds 3 more points.
25-08
abbreviated format · 25 days late
2021
31-12
Financial
Weakest financial yearnet €1,008 ▼98.8%
The net result drops to €1,008, the lowest from 2018 to 2025. It recovers the following year.
05-07
abbreviated format · 26 days before the deadline
2020
02-06
abbreviated format · 59 days before the deadline
2019
31-12
Financial
Highest result from 2018 to 2025net €172,425 ▲44.8%
The operating result of €251,632 and the net result of €172,425 are both a record.
31-12
Financial
Equity above €200,000equity €331,050 ▲109%
With a profit in every financial year since 2018, equity grows to €331,050.
Show earlier events
14-08
abbreviated format · 14 days late
2018
07-06
abbreviated format · 54 days before the deadline
2017
26-06
abbreviated format · 35 days before the deadline
2005
15-07
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
HSBB in Dutch
Enterprise number
0874.902.485
Legal form
Private limited company
Status
Active, normale toestand
Founded
06-07-2005
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 17-10-2022 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, voor zover dit geen wijziging veroorzaakt inzake het op de vennootschap toepasselijke taalregime”
deed of 17-10-2022 (in Dutch)Registered office and establishments
Registered office
Brugstraat 70, 3960 Bree, Belgium
Establishment unit
HSBB, Brugstraat 70, 3960 Bree since 06-07-2005 · unit number 2.148.142.994
Phone
089/463048Bree
Activities
NACEBEL 2025VAT activities
43320
Joinery installation main activity
16230
Manufacture of other builders' carpentry and joinery
Social security (RSZ) activities
41001
General construction of residential buildings main activity
Codes under NACEBEL 2008
VAT activities
43320
Joinery installation main activity
16230
Manufacture of other builders' carpentry and joinery
Social security (RSZ) activities
41201
General construction of buildings main activity
Codes under NACEBEL 2003
VAT activities
45421
main activity
20301
Social security (RSZ) activities
45211
main activity
Joint committee
124 Paritair Comité voor het bouwbedrijf annual accounts 2021
Invoicing and payment
VAT number
BE 0874.902.485
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0874.902.485
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of May at 17:00
deed of 17-10-2022 (in Dutch)Recognitions · licences · registrations
Dual-learning approval
3 live approvalsBinnen- en buitenschrijnwerk duaal (so)
Medewerker hout duaal (so)
Schrijnwerker houtbouw duaal (so)
Environmental permits
1 application in Flanders since 2019 · 1 granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the address
Ground area
4,295 m²
Building footprint
1,164 m²
Building volume
6,654 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72004B1220/00H000 | Flanders | 4,295 m² | 1 · 1,164 m² | 8.6 m · 2 |