HSE-CONFORM

Active

Private limited companyfounded 201610 yrs activeLeurshoek(BEV) 50, 9120 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0646.725.229

Summary

HSE-CONFORM has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €22k and a net result of €50k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2024

80 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100=

Solvency54

Growth58=

Track record100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days acceptable

Liquidity tight (current ratio 1.16 against 0.82 in 2023; short-term debt: 68.7% and cash: 55.6% of total assets), and 70.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

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 2024

Solvency, return and age of the figures

Solvency

29.4%

Return on assets

68%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.

NBB · 9 filings

Deviation from the deadline

2025

not confirmed

2024

45 d early

2023

50 d early

2022

32 d early

2021

23 d early

2020

27 d early

2019

28 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€22k▲ 515%

2022 · €3k

2018: €59k 2019: €30k 2020: €30k 2021: €51k 2022: €3k

2018 → 2024

Total assets

€73k▲ 1.3%

2023 · €72k

2018: €86k 2019: €89k 2020: €82k 2021: €61k 2022: €82k 2023: €72k

2018 → 2024

Net result

€50k▲ 28.6%

2023 · €39k

2018: €25k 2019: €2k 2020: €26k 2021: €21k 2022: €28k 2023: €39k

2018 → 2024

Working capital

€8k

2023 · €-13k

2018: €45k 2019: €-11k 2020: €-12k 2021: €21k 2022: €-25k 2023: €-13k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€30k-€51k▲ 71.1%€3k▼ 93.2%€22k

Operating result€33k-€29k▼ 10.7%€38k▲ 30.6%€51k▲ 34.6%€63k▲ 23.4%

Net result€26k-€21k▼ 16.9%€28k▲ 34.0%€39k▲ 35.8%€50k▲ 28.6%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2021 the operating result has climbed three years in a row; 2024 is 23% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €73k

20.6%

79.4%

Fixed assets €15k ▲ 7.4%

Current assets €58k ▼ 0.2%

Equity and liabilities €73k

29.4%

70.6%

Equity €22k

Debt €52k

Debt finances 70.6% of the balance-sheet total.

Key figures and ratios

2024 value · change against 2023

EBITDA

€69k▼

2023 · €69k

Cash flow

€55k▼

2023 · €57k

Current ratio

1.16▲

2023 · 0.82

Debt to equity

2.40

ROE

231.2%

ROA

68.0%▲

2023 · 53.5%

Interest coverage

6917783.00▼

2023 · 6932481.00

Debt ≤ 1 year

€50k▼

2023 · €71k

Income taxes

€14k▲

2023 · €13k

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 · 2024 against 2023 · 39 lines

Balance sheet Code20232024

Assets

Total assets20/58€72k€73k▲

Fixed assets21/28€14k€15k▲

Tangible fixed assets22/27€14k€15k▲

Plant, machinery and equipment23€4k€3k▼

Furniture and vehicles24€10k€12k▲

Current assets29/58€58k€58k▼

Amounts receivable within one year40/41€12k€14k▲

Trade receivables40€12k€14k▲

Cash at bank and in hand54/58€41k€41k▼

Deferred charges and accrued income490/1€4k€3k▼

Equity and liabilities

Total equity and liabilities10/49€72k€73k▲

Equity10/15-€22k

Profit (loss) carried forward14-€22k

Amounts payable17/49€72k€52k▼

Amounts payable within one year42/48€71k€50k▼

Trade debts44€302€2k▲

Suppliers440/4€302€2k▲

Taxes, remuneration and social security45€14k€13k▼

Taxes450/3€12k€12k▼

Remuneration and social security454/9€2k€2k▲

Other amounts payable47/48€57k€35k▼

Accrued charges and deferred income492/3€2k€1k▼

Income statement Code20232024

Non-recurring operating income76A€93-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€6k▼

Other operating charges640/8€2k€2k▲

Gross operating margin9900€71k€71k▼

Operating profit (loss)9901€51k€63k▲

Financial income75/76B€6€0▼

Recurring financial income75€6€0▼

Financial charges65/66B€0€0=

Recurring financial charges65€0€0=

Profit (loss) for the period before taxes9903€51k€63k▲

Income taxes67/77€13k€14k▲

Profit (loss) for the period9904€39k€50k▲

Profit (loss) for the period to be appropriated9905€39k€50k▲

Appropriation of the result

Profit (loss) to be appropriated9906€42k€50k▲

Profit (loss) brought forward from the previous period14P€3k-

Profit to be distributed694/7€42k€28k▼

Return on contributions (dividend)694€42k€28k▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 12Financial 3Filings 9

2025

16-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2018net €50k ▲28.6%

Operating result €63k, net result €50k, both a record.

11-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

29-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

08-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Liquidity quadruplescurrent ratio 3.13

Current ratio from 0.77 to 3.13; short-term debt falls from €52k to €10k.

04-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

03-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

31-12

Financial Weakest financial yearnet €2k ▼93.7%

Net result drops to €2k, the lowest in the series; recovery starts the following year.

30-06

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

30-06

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

26-07

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2016

establishment The establishment unit on the map

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.

Leurshoek(BEV) 509120 Beveren-Kruibeke-Zwijndrecht

Ground area

649 m²

Building footprint

130 m²

Volume, LiDAR

627 m³

Parcel 46003B0519/00W002, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

HSE-CONFORM

Leurshoek(BEV) 50, 9120 Beveren-Kruibeke-ZwijndrechtCrop and animal production, hunting and related service activities

since 20162.250.035.061

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
46003B0519/00W002	Flanders	649 m²	1 · 130 m²	8.5 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

2022 to 2025 · 4 entries · 1,116 EUR awarded · 1,073 EUR paid

Year	Entries	awarded	paid
2025	1	211 EUR	211 EUR
2024	1	231 EUR	188 EUR
2023	1	314 EUR	314 EUR
2022	1	360 EUR	360 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

4 entries · 1,116 EUR · 1,073 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Idea on Air

BE 0888.135.562

Gembloux · Eq €21,522

Overijse · Eq €21,525

Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 31,351 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

Founded18-01-2016

Fiscal year end31-12

Activities, NACEBEL 2025

70200Business and other management consultancy

74999Other professional, scientific and technical activities

Sources

Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.