HSBI
Open bankruptcyA bankruptcy procedure is open for HSBI according to publications in the Belgian State Gazette; curator: GUY VANHOUCKE.
Summary
The 2024 annual accounts show negative equity (-€876,699) and a net result of -€24,564.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Antwerp division
- Declared bankrupt
- 14 August 2025
- Supervising judge
- Manu Van Eupen
- Official Gazette
- 21-08-2025 (pdf) ↗search the document for 2025/134460
Curator
- Guy VanhouckeAnselmostraat 2, 2018 Antwerpen 1guy.vanhoucke@vanhoucke-law.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
Embed in an article
Writing about this bankruptcy? Put the card of HSBI in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€876,699
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
30 d late
2022
58 d late
2021
31 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 45 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Equity
-€876,699▼ 2.9%
2023 · -€852,135
Total assets
€212,514▼ 34.5%
2023 · €324,579
Net result
-€24,564▲ 82.7%
2023 · -€141,863
Working capital
-€876,611▼ 2.9%
2023 · -€852,050
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€47,662▲ 0.4%-€78,495▼ 64.7%-€428,533▼ 446%-€138,130▲ 67.8%-€21,377▲ 84.5%
Net result-€52,276▼ 1.3%-€82,515▼ 57.8%-€433,096▼ 425%-€141,863▲ 67.2%-€24,564▲ 82.7%
Equity-€194,661▼ 36.7%-€277,176▼ 42.4%-€710,272▼ 156%-€852,135▼ 20.0%-€876,699▼ 2.9%
Total assets€2.0m▲ 0.7%€1.9m▼ 6.7%€581,418▼ 68.8%€324,579▼ 44.2%€212,514▼ 34.5%
Debt€2.2m▲ 3.1%€2.1m▼ 2.3%€1.3m▼ 39.6%€1.2m▼ 8.9%€1.1m▼ 7.4%
Working capital-€198,925▼ 32.8%-€278,785▼ 40.1%-€710,187▼ 155%-€852,050▼ 20.0%-€876,611▼ 2.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2024 Net result +83% on 2023. Cause not known from the registers.
- 2023 Net result +67% on 2022. Cause not known from the registers.
- 2022 Net result -425%, Equity -156%, Total assets -69% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21,377 in 2024 against €138,130 in 2023; the loss shrinks.
Key figures and ratios
Solvency
-412.5%▼
2023 · -262.5%
Current ratio
0.20▼
2023 · 0.28
Debt to equity
-1.24▲
2023 · -1.38
ROA
-11.6%▲
2023 · -43.7%
Debt ≤ 1 year
€1.1m▼
2023 · €1.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,150 | €2,655 | €1,609 | €0 | - | - |
| Other operating charges640/8 | - | €1,109 | €1,169 | €1,010 | €1,466 | ▲ 45.1% |
| Gross operating margin9900 | -€43,379 | -€74,730 | -€425,756 | -€137,120 | -€19,912 | ▲ 85.5% |
| Operating profit (loss)9901 | -€47,662 | -€78,495 | -€428,533 | -€138,130 | -€21,377 | ▲ 84.5% |
| Financial income75/76B | - | €12,248 | €11,074 | €10,784 | €9,918 | ▼ 8.0% |
| Recurring financial income75 | €11,446 | €12,248 | €11,074 | €10,784 | €9,918 | ▼ 8.0% |
| Financial charges65/66B | - | €16,456 | €15,637 | €14,517 | €13,105 | ▼ 9.7% |
| Recurring financial charges65 | €15,907 | €16,456 | €15,637 | €14,517 | €13,105 | ▼ 9.7% |
| Profit (loss) for the period before taxes9903 | -€52,123 | -€82,702 | -€433,096 | -€141,863 | -€24,564 | ▲ 82.7% |
| Income taxes67/77 | €153 | -€187 | €0 | - | - | - |
| Profit (loss) for the period9904 | -€52,276 | -€82,515 | -€433,096 | -€141,863 | -€24,564 | ▲ 82.7% |
| Profit (loss) for the period to be appropriated9905 | -€52,276 | -€82,515 | -€433,096 | -€141,863 | -€24,564 | ▲ 82.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €1.9m | €581,418 | €324,579 | €212,514 | ▼ 34.5% |
| Fixed assets21/28 | €4,264 | €1,609 | €0 | - | - | - |
| Tangible fixed assets22/27 | €4,264 | €1,609 | €0 | - | - | - |
| Plant, machinery and equipment23 | - | €1,609 | €0 | - | - | - |
| Current assets29/58 | €2.0m | €1.9m | €581,418 | €324,579 | €212,514 | ▼ 34.5% |
| Amounts receivable after more than one year29 | - | €273,309 | €208,595 | €208,779 | €198,365 | ▼ 5.0% |
| Other amounts receivable291 | - | €273,309 | €208,595 | €208,779 | €198,365 | ▼ 5.0% |
| Stocks and contracts in progress3 | €1.6m | €1.5m | €316,725 | €0 | - | - |
| Stocks30/36 | - | €1.5m | €316,725 | €0 | - | - |
| Amounts receivable within one year40/41 | €266,129 | €20,683 | €1,705 | €8,041 | €163 | ▼ 98.0% |
| Other amounts receivable41 | - | €20,683 | €1,705 | €8,041 | €163 | ▼ 98.0% |
| Cash at bank and in hand54/58 | €96,518 | €31,974 | €43,409 | €97,678 | €4,056 | ▼ 95.8% |
| Deferred charges and accrued income490/1 | - | €11,686 | €10,984 | €10,080 | €9,929 | ▼ 1.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €1.9m | €581,418 | €324,579 | €212,514 | ▼ 34.5% |
| Equity10/15 | -€194,661 | -€277,176 | -€710,272 | -€852,135 | -€876,699 | ▼ 2.9% |
| Contributions10/11 | - | €118,600 | €118,600 | €118,600 | €118,600 | = |
| Profit (loss) carried forward14 | -€313,261 | -€395,776 | -€828,872 | -€970,735 | -€995,299 | ▼ 2.5% |
| Amounts payable17/49 | €2.2m | €2.1m | €1.3m | €1.2m | €1.1m | ▼ 7.4% |
| Amounts payable within one year42/48 | €2.2m | €2.1m | €1.3m | €1.2m | €1.1m | ▼ 7.4% |
| Financial debts43 | - | €875,432 | €0 | - | - | - |
| Credit institutions430/8 | - | €875,432 | €0 | - | - | - |
| Trade debts44 | €2,346 | €13,186 | €1,060 | €6,389 | €4,327 | ▼ 32.3% |
| Suppliers440/4 | - | €13,186 | €1,060 | €6,389 | €4,327 | ▼ 32.3% |
| Advances received on contracts in progress46 | - | €30,500 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €750 | €3,033 | €528 | €0 | ▼ 100% |
| Taxes450/3 | - | €750 | €581 | €528 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | €2,453 | €0 | - | - |
| Other amounts payable47/48 | - | €1.2m | €1.3m | €1.2m | €1.1m | ▼ 7.3% |
| Accrued charges and deferred income492/3 | - | - | €85 | €85 | €88 | ▲ 3.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€52,276 | -€82,515 | -€433,096 | -€141,863 | -€24,564 | ▲ 82.7% |
| + Depreciation and write-downs630 | €3,150 | €2,655 | €1,609 | €0 | - | - |
| Operating cash flow (approximation) | -€49,126 | -€79,860 | -€431,487 | -€141,863 | -€24,564 | ▲ 82.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | -€64,544 | €11,435 | €54,270 | -€93,622 | ▼ 273% |
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
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
21-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 14-08-2025
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 58 days late
2022
31-12
Financial
Weakest financial yearnet -€433,096
Net result drops to -€433,096, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has 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
4 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, Antwerpen · 1 establishment unit since 2013
Ground area
394 m²
Building footprint
330 m²
Volume, LiDAR
7,261 m³
Parcel 11810K1887/00V002, Flanders · tallest building 26.5 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
HSBI
since 20132.222.948.703
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1887/00V002 | Flanders | 394 m² | 1 · 330 m² | 26.5 m · 8 fl. |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GUY VANHOUCKE ANSELMOSTRAAT 2,
2018 ANTWERPEN 1 |
14-08-2025 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-09-2013
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.