HUSAR
ActiveHUSAR has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54k and a net result of €42k. Equity is growing by ~57.9% per year across the filed fiscal years. Its solvency ranks better than 39% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency72▲+26
Growth78▲+46
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 tight (current ratio 1.42 against 0.66 in 2024; short-term debt: 53.5% and cash: 0% of total assets), and 53.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · 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
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.5%
Return on assets
36.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 3 filingsDeviation from the deadline
2025
20 d late
2024
44 d early
2023
69 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€54k▲ 354%
2024 · €12k
2023: €25k
2024: €12k
2023 → 2025
Total assets
€115k▲ 109%
2024 · €55k
2023: €39k
2024: €55k
2023 → 2025
Net result
€42k
2024 · €-13k
2023: €22k
2024: €-13k
2023 → 2025
Working capital
€26k
2024 · €-15k
2023: €16k
2024: €-15k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€25k-€12k▼ 52.5%€54k▲ 354%
Operating result€23k-€-8k€59k
Net result€22k-€-13k€42k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €59k after a loss of €8k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115k
Fixed assets
€28k▲ 4.5%
Current assets
€88k▲ 206%
Equity and liabilities €115k
Equity
€54k▲ 354%
Debt
€62k▲ 42.4%
The debt ratio falls from 78.6% to 53.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€59k▲
2024 · €-2k
Cash flow
€42k▲
2024 · €-7k
Solvency
46.5%▲
2024 · 21.4%
Current ratio
1.42▲
2024 · 0.66
Quick ratio
1.42▲
2024 · 0.66
Debt / equity
1.15▼
2024 · 3.66
ROE
78.0%▲
2024 · -110.4%
ROA
36.3%▲
2024 · -23.7%
Interest coverage
60.08▲
2024 · -0.43
Debt
€62k▲
2024 · €43k
Debt ≤ 1 year
€62k▲
2024 · €43k
Income taxes
€16k
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€55k€115k▲
Fixed assets21/28€27k€28k▲
Tangible fixed assets22/27€27k€28k▲
Plant, machinery and equipment23€17k€18k▲
Furniture and vehicles24€9k€9k=
Current assets29/58€29k€88k▲
Amounts receivable within one year40/41€26k€85k▲
Trade receivables40€26k€85k▲
Other amounts receivable41€324€733▲
Current investments50/53-€2k
Cash at bank and in hand54/58€820€10▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€55k€115k▲
Equity10/15€12k€54k▲
Contributions10/11€3k€3k=
Reserves13-€42k
Distributable reserves133-€42k
Profit (loss) carried forward14€9k€9k=
Amounts payable17/49€43k€62k▲
Amounts payable within one year42/48€43k€62k▲
Current portion of amounts payable after more than one year42€5k-
Trade debts44€9k-
Suppliers440/4€9k-
Taxes, remuneration and social security45€10k€22k▲
Taxes450/3€2k€20k▲
Remuneration and social security454/9€7k€2k▼
Other amounts payable47/48€20k€39k▲
Income statement
Code20242025
Remuneration, social security and pensions62€42k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€448▼
Other operating charges640/8€508€1k▲
Gross operating margin9900€41k€60k▲
Operating profit (loss)9901€-8k€59k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€5k€985▼
Recurring financial charges65€5k€985▼
Profit (loss) for the period before taxes9903€-13k€58k▲
Income taxes67/77-€16k
Profit (loss) for the period9904€-13k€42k▲
Profit (loss) for the period to be appropriated9905€-13k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€51k▲
Profit (loss) brought forward from the previous period14P€22k€9k▼
Transfer to equity691/2-€42k
To other reserves6921-€42k
The notes to these accounts (5 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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
04-08
State Gazette act
Registered officeGeneral meeting · Registered-office move2 facts ▸
State Gazette act
Registered office
General meeting · Registered-office move2 facts ▸
- General meeting, 22/06/2026
- Registered-office move, Het Zand 10, 2880 Bomem
2025
31-12
Financial
Back to profitnet €42k
Net result €42k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.42
Current ratio from 0.66 to 1.42.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-13k ▼158%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
Financial milestoneState Gazette actNBB 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bornem · 1 establishment unit since 2023
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.
Het Zand(HIN) 102880 BornemGround area
1,120 m²
Building footprint
192 m²
Volume, LiDAR
737 m³
Parcel 12015A0726/00B000, Flanders · tallest building 6.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
40OPS
since 20232.344.050.629
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12015A0726/00B000 | Flanders | 1,120 m² | 1 · 192 m² | 6.0 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.
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HEINZ ENGINEERING
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METRIX-CONSULT
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digiraf
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 15,342 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-2023
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
62020IT consultancy
62200Computer consultancy and computer facilities management
26300Manufacture of computer, electronic and optical products
61100Wired, wireless and satellite telecommunications
61200Telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.