HUYNEN FRERES
ActiveHUYNEN FRERES has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198k and a net result of €-20k. Equity is growing by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 36% of 312 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-83
Solvency52▼-7
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.47 in 2024), and 71.3% 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 02
Relative position
BE, all sectors
reference
Sector 02
lower
← 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 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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
18 d late
2024
31 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
61 d late
2019
90 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-20k
2024 · €39k
2018: €5k
2019: €19k
2020: €-18k
2021: €192
2022: €83k
2023: €69k
2024: €39k
2018 → 2025
Working capital
€116k▼ 21.0%
2024 · €147k
2018: €27k
2019: €74k
2020: €33k
2021: €43k
2022: €94k
2023: €124k
2024: €147k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€76k-€144k▲ 90.5%€205k▲ 42.0%€239k▲ 16.4%€198k▼ 16.8%
Operating result€6k-€125k▲ 1,860%€107k▼ 13.9%€65k▼ 39.3%€-9k
Net result€192-€83k▲ 43,272%€69k▼ 16.8%€39k▼ 43.1%€-20k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9k after €65k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €691k
Fixed assets
€240k▼ 20.7%
Current assets
€450k▼ 2.3%
Equity and liabilities €691k
Equity
€198k▼ 16.8%
Debt
€492k▼ 6.3%
The debt ratio rises from 68.8% to 71.3%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€81k▼
2024 · €157k
Cash flow
€69k▼
2024 · €132k
Solvency
28.7%▼
2024 · 31.2%
Current ratio
1.35▼
2024 · 1.47
Quick ratio
0.40▼
2024 · 0.51
Debt / equity
2.48▲
2024 · 2.20
ROE
-10.2%▼
2024 · 16.6%
ROA
-2.9%▼
2024 · 5.2%
Interest coverage
6.48▼
2024 · 14.68
Debt
€492k▼
2024 · €525k
Debt ≤ 1 year
€334k▲
2024 · €314k
Debt > 1 year
€158k▼
2024 · €211k
Income taxes
€302▼
2024 · €16k
Staff costs
€232k▲
2024 · €200k
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€764k€691k▼
Fixed assets21/28€303k€240k▼
Tangible fixed assets22/27€303k€240k▼
Land and buildings22€102k€87k▼
Plant, machinery and equipment23€48k€22k▼
Furniture and vehicles24€152k€130k▼
Financial fixed assets28€135€135=
Current assets29/58€461k€450k▼
Stocks and contracts in progress3€301k€316k▲
Stocks30/36€301k€316k▲
Amounts receivable within one year40/41€132k€120k▼
Trade receivables40€105k€58k▼
Other amounts receivable41€27k€62k▲
Cash at bank and in hand54/58€20k€7k▼
Deferred charges and accrued income490/1€8k€8k▼
Equity and liabilities
Total equity and liabilities10/49€764k€691k▼
Equity10/15€239k€198k▼
Contributions10/11€20k€20k=
Reserves13€213k€194k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€213k€194k▼
Profit (loss) carried forward14€0€-20k▼
Investment grants15€6k€5k▼
Amounts payable17/49€525k€492k▼
Amounts payable after more than one year17€211k€158k▼
Financial debts170/4€211k€158k▼
Amounts payable within one year42/48€314k€334k▲
Current portion of amounts payable after more than one year42€81k€77k▼
Financial debts43€116k€120k▲
Credit institutions430/8€116k€120k▲
Trade debts44€50k€35k▼
Suppliers440/4€50k€35k▼
Taxes, remuneration and social security45€55k€59k▲
Taxes450/3€18k€4k▼
Remuneration and social security454/9€37k€55k▲
Other amounts payable47/48€12k€43k▲
Accrued charges and deferred income492/3€25€21▼
Income statement
Code20242025
Remuneration, social security and pensions62€200k€232k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€90k▼
Other operating charges640/8€10k€7k▼
Gross operating margin9900€367k€320k▼
Operating profit (loss)9901€65k€-9k▼
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€11k€12k▲
Recurring financial charges65€11k€12k▲
Profit (loss) for the period before taxes9903€56k€-20k▼
Income taxes67/77€16k€302▼
Profit (loss) for the period9904€39k€-20k▼
Profit (loss) for the period to be appropriated9905€39k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€-20k▼
Transfer from equity791/2€5k€19k▲
Transfer to equity691/2€39k€0▼
To other reserves6921€39k€0▼
Profit to be distributed694/7€5k€19k▲
Return on contributions (dividend)694€5k€19k▲
The notes to these accounts (16 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 · micro schema · 18 days late
2025
31-12
Financial
Weakest financial yearnet €-20k ▼151%
Net result drops to €-20k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Equity above €200kEq €205k ▲42%
3 profitable years in a row build equity to €205k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €83k ▲43272%
Operating result €125k, net result €83k, both a record.
31-12
Financial
Equity above €100kEq €144k ▲90.5%
2 profitable years in a row build equity to €144k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Back to profitnet €192
Net result €192 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 61 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 90 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 22 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Thimister-Clermont · 1 establishment unit since 2010
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.
Margensault 634890 Thimister-ClermontGround area
1,238 m²
Parcel 63077B0382/00A002, Wallonia. Linked by address, not a title deed.
1 establishment unit
HUYNEN FRERES
since 20102.193.188.707
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63077B0382/00A002indicative | Wallonia | 1,238 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 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
BOOMKWEKERIJ PAVIA
BE 0862.084.332
Deerlijk · Eq €207k
MONDIACOM
BE 0471.599.845
Couvin · Eq €210k
EMBO
BE 0770.281.750
Herentals · Eq €214k
GVO FOREST, AGRI & TRADE
BE 0753.582.508
Bever · Eq €182k
Ecotri
BE 0689.587.945
Bernissart · Eq €217k
Of 607 companies in sector 02100 we hold annual accounts for 212. 156 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-2010
Fiscal year end31-12
Activities, NACEBEL
02100Forestry and logging
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.