HURO
ActiveHURO has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €466k and a net result of €-186k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 11% of 2045 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability21▼-24
Solvency33▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 2.01 against 2.21 in 2024; short-term debt: 42.4% and cash: 2.4% of total assets), but 91.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 2045 sector peers (2025).
NBB · sector comparisonPosition among 2045 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
18 d late
2024
1 d early
2023
12 d early
2022
14 d early
2021
27 d early
2020
25 d early
2019
18 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-186k
2024 · €194k
2018: €-3k
2019: €773
2020: €2k
2021: €13k
2022: €-5k
2023: €20k
2024: €194k
2018 → 2025
Working capital
€2.43M▼ 10.3%
2024 · €2.71M
2018: €91k
2019: €-1.05M
2020: €-522k
2021: €-681k
2022: €-644k
2023: €-705k
2024: €2.71M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€442k-€437k▼ 1.1%€457k▲ 4.5%€651k▲ 42.5%€466k▼ 28.5%
Operating result€231k-€182k▼ 21.0%€207k▲ 13.3%€510k▲ 147%€63k▼ 87.7%
Net result€13k-€-5k€20k€194k▲ 893%€-186k
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 88% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.69M
Fixed assets
€842k▼ 12.1%
Current assets
€4.84M▼ 2.3%
Equity and liabilities €5.69M
Equity
€466k▼ 28.5%
Debt
€5.22M▼ 0.9%
The debt ratio rises from 89.0% to 91.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€186k▼
2024 · €621k
Cash flow
€-62k▼
2024 · €305k
Solvency
8.2%▼
2024 · 11.0%
Current ratio
2.01▼
2024 · 2.21
Quick ratio
0.41▼
2024 · 0.48
Debt / equity
11.21▲
2024 · 8.09
ROE
-39.9%▼
2024 · 29.8%
ROA
-3.3%▼
2024 · 3.3%
Interest coverage
0.75▼
2024 · 2.60
Debt
€5.22M▼
2024 · €5.27M
Debt ≤ 1 year
€2.41M▲
2024 · €2.25M
Debt > 1 year
€2.81M▼
2024 · €3.01M
Income taxes
€1k▼
2024 · €77k
Staff costs
€2.90M▲
2024 · €2.89M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€5.92M€5.69M▼
Fixed assets21/28€958k€842k▼
Tangible fixed assets22/27€956k€840k▼
Land and buildings22€648k€625k▼
Plant, machinery and equipment23€100k€87k▼
Furniture and vehicles24€191k€117k▼
Leasing and similar rights25€18k€11k▼
Financial fixed assets28€2k€2k▲
Current assets29/58€4.96M€4.84M▼
Stocks and contracts in progress3€3.88M€3.86M▼
Stocks30/36€3.84M€3.82M▼
Contracts in progress37€43k€43k▼
Amounts receivable within one year40/41€972k€829k▼
Trade receivables40€754k€679k▼
Other amounts receivable41€218k€150k▼
Cash at bank and in hand54/58€100k€136k▲
Deferred charges and accrued income490/1€4k€15k▲
Equity and liabilities
Total equity and liabilities10/49€5.92M€5.69M▼
Equity10/15€651k€466k▼
Contributions10/11€65k€65k=
Capital10€65k€65k=
Issued capital100€65k€65k=
Reserves13€586k€401k▼
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Distributable reserves133€580k€394k▼
Amounts payable17/49€5.27M€5.22M▼
Amounts payable after more than one year17€3.01M€2.81M▼
Financial debts170/4€3.01M€2.81M▼
Trade debts175€0-
Amounts payable within one year42/48€2.25M€2.41M▲
Current portion of amounts payable after more than one year42€192k€199k▲
Financial debts43€125k€125k=
Credit institutions430/8€125k€125k=
Trade debts44€1.22M€1.68M▲
Suppliers440/4€1.22M€1.68M▲
Advances received on contracts in progress46€300k€0▼
Taxes, remuneration and social security45€409k€400k▼
Taxes450/3€93k€99k▲
Remuneration and social security454/9€316k€301k▼
Other amounts payable47/48€2k€2k▲
Accrued charges and deferred income492/3€9k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€10k
Remuneration, social security and pensions62€2.89M€2.90M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€111k€124k▲
Other operating charges640/8€34k€47k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€3.55M€3.14M▼
Operating profit (loss)9901€510k€63k▼
Financial income75/76B€1€65▲
Recurring financial income75€1€65▲
Financial charges65/66B€238k€247k▲
Recurring financial charges65€238k€247k▲
Profit (loss) for the period before taxes9903€272k€-184k▼
Income taxes67/77€77k€1k▼
Profit (loss) for the period9904€194k€-186k▼
Profit (loss) for the period to be appropriated9905€194k€-186k▼
Appropriation of the result
Profit (loss) to be appropriated9906€194k€-186k▼
Transfer from equity791/2-€186k
Transfer to equity691/2€194k€0▼
To other reserves6921€194k€0▼
Social balance
Average headcount (FTE)908747.442.8▼
The notes to these accounts (32 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 18 days late
2025
31-12
Financial
Weakest financial yearnet €-186k ▼196%
Net result drops to €-186k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €194k ▲893%
Operating result €510k, net result €194k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.21
Current ratio from 0.73 to 2.21; short-term debt falls from €2.66M to €2.25M.
31-12
Financial
Equity above €500kEq €651k ▲42.5%
2 profitable years in a row build equity to €651k.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €773
Net result €773 after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Staden · 1 establishment unit since 2001
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.
Sleihagestraat(ONK) 578840 StadenGround area
1.3 ha
Building footprint
1,169 m²
Parcel 36014B0423/00L002, Flanders. Linked by address, not a title deed.
1 establishment unit
HURO
since 20012.037.860.924
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36014B0423/00L002 | Flanders | 1.3 ha | 1 · 1,169 m² | - |
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 2024 · 3 entries · 4,447 EUR awarded · 4,507 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,593 EUR | 2,593 EUR |
| 2023 | 1 | 930 EUR | 990 EUR |
| 2022 | 1 | 924 EUR | 924 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
3 categoriesHURO NV17679
Similar companies · same sector, comparable size
BELGA TOITURE
BE 0838.031.302
Braine-l'Alleud · Eq €466k
STROOBANTS Gert
BE 0861.558.156
Herent · Eq €466k
AARSCHOTS DAKWERKBEDRIJF
BE 0898.993.228
Aarschot · Eq €465k
LACROIX PATRICK
BE 0824.169.804
Wortegem-Petegem · Eq €465k
TIELTSE DAKWERKEN
BE 0426.812.866
Tielt · Eq €467k
Of 8,563 companies in sector 43410 we hold annual accounts for 4,358. 2,945 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-03-1988
Fiscal year end31-12
Activities, NACEBEL
43410Roofing work
45220
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.