HTNet

Active

Private limited companyfounded 20215 yrs activeGebrandestraat 61, 3511 Hasselt, BelgiumKBO/BCE: BE 0766.300.097

Summary

HTNet has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54k and a net result of €38k. Equity is growing by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 36% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysis Watch Report Compare

HTNetActiveChecked score 73/100

Risk analysis Report Compare

Checked score

Score 2025

73 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency67▼-33

Growth78▲+26

Track record94

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €3.5k at 30 days acceptable

Liquidity ample (current ratio 1.66 against 4.83 in 2024; short-term debt: 57.9% and cash: 28.7% of total assets), but 57.9% of the assets are financed with debt.

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 62

Relative position

BE, all sectors

reference

Computer programming, consultancy and related activities (NACE 62)

about 64% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 08-10-2025, 23 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

23 d early

2024

21 d early

2023

32 d early

2022

24 d early

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.

Companies Code · seven months

Position in the running window

31-03-2026 close25-09-2026 today31-10-2026 deadline

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 2025, micro schema

Equity

€54k▼ 33.9%

2024 · €81k

2022: €38klowest in 4 years 2023: €53k▲ +40.7% vs 2022 2024: €81k▲ +51.8% vs 2023highest in 4 years 2025: €54k▼ -33.9% vs 2024

2022 → 2025

Total assets

€127k▲ 26.9%

2024 · €100k

2022: €53klowest in 4 years 2023: €63k▲ +19.3% vs 2022 2024: €100k▲ +58.9% vs 2023 2025: €127k▲ +26.9% vs 2024highest in 4 years

2022 → 2025

Net result

€38k▲ 35.8%

2024 · €28k

2022: €28k 2023: €15k▼ -44.7% vs 2022lowest in 4 years 2024: €28k▲ +79.2% vs 2023 2025: €38k▲ +35.8% vs 2024highest in 4 years

2022 → 2025

Working capital

€49k▼ 33.8%

2024 · €73k

2022: €30klowest in 4 years 2023: €43k▲ +45.9% vs 2022 2024: €73k▲ +70.3% vs 2023highest in 4 years 2025: €49k▼ -33.8% vs 2024

2022 → 2025

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€38k-€53k▲ 40.7%€81k▲ 51.8%€54k▼ 33.9% 2022: €38klowest in 4 years 2023: €53k▲ +40.7% vs 2022 2024: €81k▲ +51.8% vs 2023highest in 4 years 2025: €54k▼ -33.9% vs 2024

Operating result€35k-€20k▼ 43.3%€35k▲ 77.5%€49k▲ 37.7% 2022: €35k 2023: €20k▼ -43.3% vs 2022lowest in 4 years 2024: €35k▲ +77.5% vs 2023 2025: €49k▲ +37.7% vs 2024highest in 4 years

Net result€28k-€15k▼ 44.7%€28k▲ 79.2%€38k▲ 35.8% 2022: €28k 2023: €15k▼ -44.7% vs 2022lowest in 4 years 2024: €28k▲ +79.2% vs 2023 2025: €38k▲ +35.8% vs 2024highest in 4 years

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

Result per fiscal year

Operating resultNet result

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 38% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €127k

96.4%

Fixed assets €5k ▼ 32.4%

Current assets €122k ▲ 32.0%

Equity and liabilities €127k

42.1%

57.9%

Equity €54k ▼ 33.9%

Debt €74k ▲ 283%

Debt's share of the balance-sheet total rises from 19.2% to 57.9%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€51k▲

2024 · €38k

Cash flow

€40k▲

2024 · €30k

Current ratio

1.66▼

2024 · 4.83

Debt to equity

1.38▲

2024 · 0.24

ROE

70.1%▲

2024 · 34.1%

ROA

29.5%▲

2024 · 27.6%

Interest coverage

35.93▼

2024 · 66.89

Debt ≤ 1 year

€74k▲

2024 · €19k

Income taxes

€10k▲

2024 · €7k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines

Balance sheet Code20242025

Assets

Total assets20/58€100k€127k▲

Formation expenses20€906€455▼

Fixed assets21/28€7k€5k▼

Tangible fixed assets22/27€7k€5k▼

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

Furniture and vehicles24€3k€2k▼

Current assets29/58€93k€122k▲

Amounts receivable within one year40/41€27k€85k▲

Trade receivables40€26k€84k▲

Other amounts receivable41€1k€1k▼

Cash at bank and in hand54/58€64k€37k▼

Deferred charges and accrued income490/1€994€1k▲

Equity and liabilities

Total equity and liabilities10/49€100k€127k▲

Equity10/15€81k€54k▼

Contributions10/11€10k€10k=

Reserves13€71k€44k▼

Distributable reserves133€71k€44k▼

Amounts payable17/49€19k€74k▲

Amounts payable within one year42/48€19k€74k▲

Trade debts44€3k€910▼

Suppliers440/4€3k€910▼

Taxes, remuneration and social security45€16k€6k▼

Taxes450/3€13k€6k▼

Remuneration and social security454/9€3k-

Other amounts payable47/48-€66k

Accrued charges and deferred income492/3€64€66▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=

Other operating charges640/8€62€387▲

Gross operating margin9900€38k€52k▲

Operating profit (loss)9901€35k€49k▲

Financial income75/76B€2-

Recurring financial income75€2-

Financial charges65/66B€569€1k▲

Recurring financial charges65€569€1k▲

Profit (loss) for the period before taxes9903€35k€47k▲

Income taxes67/77€7k€10k▲

Profit (loss) for the period9904€28k€38k▲

Profit (loss) for the period to be appropriated9905€28k€38k▲

Appropriation of the result

Profit (loss) to be appropriated9906€71k€38k▼

Profit (loss) brought forward from the previous period14P€43k-

Transfer from equity791/2-€65k

Transfer to equity691/2€71k€38k▼

To other reserves6921€71k€38k▼

Profit to be distributed694/7-€65k

Return on contributions (dividend)694-€65k

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

Accounts by statement

Income statement Balance sheet Cash flow

Line	2022	2023	2024	2025	Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€989	€2k	€3k	€3k	=
Other operating charges640/8	-	€62	€62	€387	▲ 524%
Gross operating margin9900	€36k	€22k	€38k	€52k	▲ 35.9%
Operating profit (loss)9901	€35k	€20k	€35k	€49k	▲ 37.7%
Financial income75/76B	€6	€12	€2	-	-
Recurring financial income75	€6	€12	€2	-	-
Financial charges65/66B	€397	€554	€569	€1k	▲ 151%
Recurring financial charges65	€397	€554	€569	€1k	▲ 151%
Profit (loss) for the period before taxes9903	€35k	€19k	€35k	€47k	▲ 35.9%
Income taxes67/77	€7k	€4k	€7k	€10k	▲ 36.3%
Profit (loss) for the period9904	€28k	€15k	€28k	€38k	▲ 35.8%
Profit (loss) for the period to be appropriated9905	€28k	€15k	€28k	€38k	▲ 35.8%

Line	2022	2023	2024	2025	Change
Assets
Total assets20/58	€53k	€63k	€100k	€127k	▲ 26.9%
Formation expenses20	€2k	€1k	€906	€455	▼ 49.8%
Fixed assets21/28	€7k	€9k	€7k	€5k	▼ 32.4%
Tangible fixed assets22/27	€7k	€9k	€7k	€5k	▼ 32.4%
Plant, machinery and equipment23	€2k	€4k	€4k	€3k	▼ 21.6%
Furniture and vehicles24	€5k	€5k	€3k	€2k	▼ 44.7%
Current assets29/58	€44k	€53k	€93k	€122k	▲ 32.0%
Amounts receivable within one year40/41	€25k	€2k	€27k	€85k	▲ 208%
Trade receivables40	€25k	€629	€26k	€84k	▲ 217%
Other amounts receivable41	€195	€1k	€1k	€1k	▼ 5.7%
Cash at bank and in hand54/58	€18k	€50k	€64k	€37k	▼ 43.0%
Deferred charges and accrued income490/1	€1k	€1k	€994	€1k	▲ 2.3%
Equity and liabilities
Total equity and liabilities10/49	€53k	€63k	€100k	€127k	▲ 26.9%
Equity10/15	€38k	€53k	€81k	€54k	▼ 33.9%
Contributions10/11	€10k	€10k	€10k	€10k	=
Reserves13	-	-	€71k	€44k	▼ 38.7%
Distributable reserves133	-	-	€71k	€44k	▼ 38.7%
Profit (loss) carried forward14	€28k	€43k	-	-	-
Amounts payable17/49	€15k	€10k	€19k	€74k	▲ 283%
Amounts payable within one year42/48	€15k	€10k	€19k	€74k	▲ 284%
Trade debts44	€1k	€1k	€3k	€910	▼ 71.8%
Suppliers440/4	€1k	€1k	€3k	€910	▼ 71.8%
Taxes, remuneration and social security45	€14k	€8k	€16k	€6k	▼ 59.9%
Taxes450/3	€14k	€8k	€13k	€6k	▼ 49.5%
Remuneration and social security454/9	-	-	€3k	-	-
Other amounts payable47/48	-	-	-	€66k	-
Accrued charges and deferred income492/3	€57	€64	€64	€66	▲ 3.1%

Line	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€28k	€15k	€28k	€38k	▲ 35.8%
+ Depreciation and write-downs630	€989	€2k	€3k	€3k	=
Operating cash flow (approximation)	€29k	€18k	€30k	€40k	▲ 32.6%
Investment in fixed assets (approximation)	-	€-4k	€-452	€-452	=
Change in cash	-	€31k	€14k	€-28k	▼ 294%

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

All 6Financial 2Filings 4

Next filing, fiscal year 2026, expected by 31-10-2026

2025

08-10

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

31-03

Financial Highest result since 2022net €38k ▲35.8%

Operating result €49k, net result €38k, both a record.

2024

10-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2023

29-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

31-03

Financial Weakest financial yearnet €15k ▼44.7%

Net result drops to €15k, the lowest in the series; recovery starts the following year.

2022

07-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

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

0 of 1 act read

About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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

1 act for this company is 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, Hasselt · 1 establishment unit since 2021

seat establishment The establishment unit on the map

Ground area

311 m²

Building footprint

101 m²

Volume, LiDAR

475 m³

Parcel 71032B0420/00S000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

HTNet

Gebrandestraat 61, 3511 HasseltComputer programming, consultancy and related activities

since 20212.315.408.806

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71032B0420/00S000	Flanders	311 m²	1 · 101 m²	10.0 m · 2 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.

Similar companies · same sector, comparable size

Xperienz

BE 0684.995.390

Moorslede · Eq €53,543

Watermaal-Bosvoorde · Eq €53,576

Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,337 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded02-04-2021

Fiscal year end31-03

Activities, NACEBEL 2025

62200Computer consultancy and computer facilities management

62900Other information technology and computer services

62100Computer programming

63100Computing infrastructure, data processing, hosting and related activities

63910Web portal activities

Contact

Website www.htnet.be

E-mail tom.hoedemaekers@htnet.be

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