HTKM
ActiveHTKM has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €465k and a net result of €32k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 58% of 18942 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▲+2
Solvency64▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.16 against 0.12 in 2023; short-term debt: 34.4% and cash: 3.8% of total assets), and 61.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-08-2025, 23 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
23 d late
2023
21 d late
2022
31 d late
2021
13 d late
2020
on the day
2019
4 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€465k▲ 7.4%
2023 · €433k
2018: €375k
2019: €407k
2020: €407k
2021: €407k
2022: €420k
2023: €433k
2018 → 2024
Total assets
€1.20M▼ 4.6%
2023 · €1.26M
2018: €618k
2019: €602k
2020: €597k
2021: €835k
2022: €1.32M
2023: €1.26M
2018 → 2024
Net result
€32k▲ 151%
2023 · €13k
2018: €-22k
2019: €32k
2020: €9
2021: €77
2022: €13k
2023: €13k
2018 → 2024
Working capital
€-347k▲ 15.0%
2023 · €-409k
2018: €-155k
2019: €-115k
2020: €-93k
2021: €-358k
2022: €-429k
2023: €-409k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€407k-€407k=€420k▲ 3.2%€433k▲ 3.1%€465k▲ 7.4%
Operating result€861-€144▼ 83.2%€20k▲ 14,042%€24k▲ 16.1%€46k▲ 94.3%
Net result€9-€77▲ 718%€13k▲ 16,766%€13k▼ 1.6%€32k▲ 151%
Turnover and EBIT margin not published: the 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 94% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.20M
Fixed assets
€1.14M▼ 5.8%
Current assets
€67k▲ 22.7%
Equity and liabilities €1.20M
Equity
€465k▲ 7.4%
Debt
€738k▼ 10.8%
The debt ratio falls from 65.6% to 61.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€130k▲
2023 · €97k
Cash flow
€116k▲
2023 · €87k
Solvency
38.7%▲
2023 · 34.4%
Current ratio
0.16▲
2023 · 0.12
Quick ratio
0.12▲
2023 · 0.08
Debt / equity
1.59▼
2023 · 1.91
ROE
6.9%▲
2023 · 3.0%
ROA
2.7%▲
2023 · 1.0%
Interest coverage
9.34▲
2023 · 9.05
Debt
€738k▼
2023 · €827k
Debt ≤ 1 year
€414k▼
2023 · €463k
Debt > 1 year
€324k▼
2023 · €364k
Staff costs
€54k▲
2023 · €54k
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€1.26M€1.20M▼
Fixed assets21/28€1.21M€1.14M▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€931k€861k▼
Land and buildings22€893k€819k▼
Plant, machinery and equipment23€38k€42k▲
Furniture and vehicles24€0-
Financial fixed assets28€275k€275k=
Current assets29/58€54k€67k▲
Stocks and contracts in progress3€16k€15k▼
Stocks30/36€16k€15k▼
Amounts receivable within one year40/41€10k€6k▼
Trade receivables40€10k€6k▼
Other amounts receivable41-€152
Cash at bank and in hand54/58€29k€45k▲
Equity and liabilities
Total equity and liabilities10/49€1.26M€1.20M▼
Equity10/15€433k€465k▲
Contributions10/11€6k€6k=
Reserves13€427k€459k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€425k€457k▲
Amounts payable17/49€827k€738k▼
Amounts payable after more than one year17€364k€324k▼
Financial debts170/4€364k€324k▼
Amounts payable within one year42/48€463k€414k▼
Current portion of amounts payable after more than one year42€43k€42k▼
Trade debts44€0€651▲
Suppliers440/4€0€651▲
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€283-
Remuneration and social security454/9€5k€4k▼
Other amounts payable47/48€415k€368k▼
Income statement
Code20232024
Non-recurring operating income76A-€1k
Remuneration, social security and pensions62€54k€54k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€84k▲
Other operating charges640/8€8k€8k▲
Gross operating margin9900€159k€192k▲
Operating profit (loss)9901€24k€46k▲
Financial income75/76B€162€69▼
Recurring financial income75€162€69▼
Financial charges65/66B€11k€14k▲
Recurring financial charges65€11k€14k▲
Profit (loss) for the period before taxes9903€13k€32k▲
Income taxes67/77€251-
Profit (loss) for the period9904€13k€32k▲
Profit (loss) for the period to be appropriated9905€13k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€32k▲
Transfer to equity691/2€13k€32k▲
To other reserves6921€13k€32k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
13-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 13 days late
2021
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
15-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 15 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
2016
20-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 20 days late
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, Ledegem · 1 establishment unit since 2006
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.
Zuidhoekstraat 228880 LedegemGround area
1,152 m²
Building footprint
171 m²
Volume, LiDAR
918 m³
Parcel 36018A0927/00E000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Het Kleine Meer
since 20062.151.853.938
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36018A0927/00E000 | Flanders | 1,152 m² | 1 · 171 m² | 7.6 m · 2 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 · 39,007 EUR awarded · 39,007 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 11,012 EUR | 11,012 EUR |
| 2024 | 1 | 10,070 EUR | 10,070 EUR |
| 2023 | 1 | 10,678 EUR | 10,678 EUR |
| 2022 | 1 | 7,247 EUR | 7,247 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Food safety, FASFC
1 siteLedegem2.151.853.938
Similar companies · same sector, comparable size
RIJA.ITALIA
BE 0806.769.190
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CHEZ EDDY
BE 0542.399.848
Waterloo · Eq €465k
DRAEKERWINNING
BE 0508.601.583
Hasselt · Eq €465k
SAVOY
BE 0439.905.985
Elsene · Eq €466k
ASIE A TIK
BE 0651.586.315
Binche · Eq €465k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 6,500 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-01-2006
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
55302
55401
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
56400Food and beverage service activities
68110Buying and selling of own real estate
68121Development of residential building projects
68122Development of non-residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.