HUSSAR
ActiveThe computed 12-month bankruptcy probability of HUSSAR is 2.2% (moderate). The 2025 annual accounts show equity of €114k and a net result of €16k. Equity is growing by ~27.8% per year across the filed fiscal years. Its solvency ranks better than 58% of 18024 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
94
/ 100
Excellent▲ +13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+55
Solvency81▲+1
Growth78▲+26
Stability94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.7 against 1.69 in 2024), but 56.8% 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 · 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
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 · 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
43.2%
Return on assets
6.2%
Age of the figures
8 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 30-08-2026, 30 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 · 5 filingsDeviation from the deadline
2025
30 d late
2024
30 d late
2023
30 d late
2022
31 d late
2021
31 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€956k
EBIT margin
0.7%
Net result
€16k▲ 452%
2024 · €3k
2021: €12k
2022: €3k
2023: €78k
2024: €3k
2021 → 2025
Working capital
€105k▲ 15.9%
2024 · €90k
2021: €13k
2022: €15k
2023: €92k
2024: €90k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€956k
Equity€14k-€17k▲ 17.9%€95k▲ 456%€98k▲ 3.1%€114k▲ 16.7%
Operating result€17k-€4k▼ 73.8%€108k▲ 2,376%€7k▼ 93.7%€24k▲ 250%
Net result€12k-€3k▼ 79.3%€78k▲ 2,906%€3k▼ 96.2%€16k▲ 452%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 250% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €264k
Fixed assets
€9k▲ 26.4%
Current assets
€254k▲ 14.7%
Equity and liabilities €264k
Equity
€114k▲ 16.7%
Debt
€150k▲ 14.0%
The debt ratio falls from 57.4% to 56.8%: equity grows faster than debt.
Key figures and ratios
EBITDA
€28k▲
2024 · €9k
Cash flow
€20k▲
2024 · €5k
Solvency
43.2%▲
2024 · 42.6%
Current ratio
1.70▲
2024 · 1.69
Quick ratio
1.29▼
2024 · 1.40
Debt / equity
1.31▼
2024 · 1.35
ROE
14.3%▲
2024 · 3.0%
ROA
6.2%▲
2024 · 1.3%
Interest coverage
17.15▼
2024 · 20.50
Debt
€150k▲
2024 · €131k
Debt ≤ 1 year
€150k▲
2024 · €131k
Income taxes
€6k▲
2024 · €4k
Staff costs
€94k▲
2024 · €26k
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€229k€264k▲
Fixed assets21/28€7k€9k▲
Tangible fixed assets22/27€7k€9k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€2k€6k▲
Other tangible fixed assets26€3k€2k▼
Current assets29/58€222k€254k▲
Stocks and contracts in progress3€38k€62k▲
Stocks30/36€38k€62k▲
Amounts receivable within one year40/41€79k€110k▲
Trade receivables40€79k€110k▲
Cash at bank and in hand54/58€101k€78k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€229k€264k▲
Equity10/15€98k€114k▲
Contributions10/11€2k€2k=
Reserves13€80k€80k=
Distributable reserves133€80k€80k=
Profit (loss) carried forward14€16k€32k▲
Amounts payable17/49€131k€150k▲
Amounts payable within one year42/48€131k€150k▲
Trade debts44€73k€94k▲
Suppliers440/4€73k€94k▲
Advances received on contracts in progress46€9k€5k▼
Taxes, remuneration and social security45€49k€52k▲
Taxes450/3€43k€32k▼
Remuneration and social security454/9€7k€20k▲
Income statement
Code20242025
Turnover70€956k-
Goods, raw materials, services and sundry goods60/61€919k-
Remuneration, social security and pensions62€26k€94k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Other operating charges640/8€2k€700▼
Gross operating margin9900€37k€122k▲
Operating profit (loss)9901€7k€24k▲
Financial income75/76B€325€169▼
Recurring financial income75€325€169▼
Financial charges65/66B€449€2k▲
Recurring financial charges65€449€2k▲
Profit (loss) for the period before taxes9903€7k€23k▲
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€3k€16k▲
Profit (loss) for the period to be appropriated9905€3k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€32k▲
Profit (loss) brought forward from the previous period14P€13k€16k▲
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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Equity above €100kEq €114k ▲16.7%
5 profitable years in a row build equity to €114k.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2021net €78k ▲2906%
Operating result €108k, net result €78k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €3k ▼79.3%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lasne · 1 establishment unit since 2021
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.
Avenue Henry Boucquéau 81380 LasneGround area
1,395 m²
Building footprint
154 m²
Volume, LiDAR
941 m³
Parcel 25087C0471/00B000, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hussar
since 20212.312.525.332
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25087C0471/00B000 | Wallonia | 1,395 m² | 1 · 154 m² | 8.8 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.
Similar companies · same sector, comparable size
AEVP
BE 0652.786.838
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ELECTRO-VAUDREE
BE 0438.680.916
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HEFICON
BE 0553.982.539
Glabbeek · Eq €114k
ELEKTRO ED
BE 0728.923.029
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BM Technology
BE 0791.302.739
Hechtel-Eksel · Eq €114k
Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 8,719 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-02-2021
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
46500Wholesale of information and communication equipment
46510Wholesale trade
47400Retail sale of information and communication equipment
47430Retail trade
46660Wholesale trade
47120Other non-specialised retail sale
47910Retail trade
59113Video and film production, excluding cinema and television films
62020IT consultancy
62200Computer consultancy and computer facilities management
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:finance@hussar.tech