HXGN
ActiveHXGN has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €742k and a net result of €170k. Equity is growing by ~26.7% per year across the filed fiscal years. Its solvency ranks better than 29% of 8578 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
78
/ 100
Excellent▲ +15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+70
Solvency54=
Growth78▲+26
Stability94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.4 in 2024), and 71.1% 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 70
Relative position
BE, all sectors
reference
Sector 70
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
28.9%
Return on assets
6.6%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-05-2026, 80 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
80 d early
2024
9 d early
2023
12 d early
2022
20 d early
2021
11 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€742k▲ 29.7%
2024 · €572k
2021: €166k
2022: €313k
2023: €538k
2024: €572k
2021 → 2025
Total assets
€2.57M▲ 31.1%
2024 · €1.96M
2021: €628k
2022: €655k
2023: €1.18M
2024: €1.96M
2021 → 2025
Net result
€170k▲ 394%
2024 · €34k
2021: €156k
2022: €148k
2023: €225k
2024: €34k
2021 → 2025
Working capital
€721k▲ 28.5%
2024 · €561k
2021: €156k
2022: €303k
2023: €527k
2024: €561k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€166k-€313k▲ 89.2%€538k▲ 71.7%€572k▲ 6.4%€742k▲ 29.7%
Operating result€201k-€192k▼ 4.6%€295k▲ 53.8%€48k▼ 83.9%€232k▲ 389%
Net result€156k-€148k▼ 5.0%€225k▲ 52.0%€34k▼ 84.7%€170k▲ 394%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 389% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.57M
Fixed assets
€21k▲ 88.9%
Current assets
€2.55M▲ 30.8%
Equity and liabilities €2.57M
Equity
€742k▲ 29.7%
Debt
€1.83M▲ 31.7%
The debt ratio rises from 70.8% to 71.1%: debt grows faster than equity.
Key figures and ratios
Solvency
28.9%▼
2024 · 29.2%
Current ratio
1.39▼
2024 · 1.40
Quick ratio
1.39▼
2024 · 1.40
Debt / equity
2.47▲
2024 · 2.43
ROE
22.9%▲
2024 · 6.0%
ROA
6.6%▲
2024 · 1.8%
Debt
€1.83M▲
2024 · €1.39M
Debt ≤ 1 year
€1.83M▲
2024 · €1.39M
Income taxes
€63k▲
2024 · €13k
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€1.96M€2.57M▲
Fixed assets21/28€11k€21k▲
Financial fixed assets28€11k€21k▲
Current assets29/58€1.95M€2.55M▲
Amounts receivable within one year40/41€1.75M€2.17M▲
Trade receivables40€238k€132k▼
Other amounts receivable41€1.51M€2.04M▲
Cash at bank and in hand54/58€199k€378k▲
Equity and liabilities
Total equity and liabilities10/49€1.96M€2.57M▲
Equity10/15€572k€742k▲
Contributions10/11€10k€10k=
Reserves13€562k€732k▲
Distributable reserves133€562k€732k▲
Amounts payable17/49€1.39M€1.83M▲
Amounts payable within one year42/48€1.39M€1.83M▲
Trade debts44€1.36M€1.78M▲
Suppliers440/4€1.36M€1.78M▲
Taxes, remuneration and social security45€27k€52k▲
Taxes450/3€27k€52k▲
Other amounts payable47/48-€0
Income statement
Code20242025
Other operating charges640/8€513€1k▲
Gross operating margin9900€48k€234k▲
Operating profit (loss)9901€48k€232k▲
Financial charges65/66B€69€70▲
Recurring financial charges65€69€70▲
Profit (loss) for the period before taxes9903€47k€232k▲
Income taxes67/77€13k€63k▲
Profit (loss) for the period9904€34k€170k▲
Profit (loss) for the period to be appropriated9905€34k€170k▲
Appropriation of the result
Profit (loss) to be appropriated9906€34k€170k▲
Transfer to equity691/2€34k€170k▲
To other reserves6921€34k€170k▲
The notes to these accounts (6 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
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
27-03
State Gazette act
Registered officeRegistered-office move · Board meeting · Permanent representative3 facts ▸
State Gazette act
Registered office
Registered-office move · Board meeting · Permanent representative3 facts ▸
- Registered-office move, Kwadestraat 113 bus A5 8800 Roeselare
- Board meeting, 01/02/2026
- Permanent representative, Stijn Eyckmans
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €34k ▼84.7%
Net result drops to €34k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €225k ▲52%
Operating result €295k, net result €225k, both a record.
31-12
Financial
Equity above €500kEq €538k ▲71.7%
3 profitable years in a row build equity to €538k.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €313k ▲89.2%
2 profitable years in a row build equity to €313k.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
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, Roeselare · 1 establishment unit since 2020
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.
Kwadestraat 1138800 RoeselareGround area
1.6 ha
Building footprint
137 m²
Parcel 36017A1881/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
HXGN
since 20202.311.522.074
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36017A1881/00A000 | Flanders | 1.6 ha | 1 · 137 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.
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K4
BE 0886.828.141
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OKN Consulting
BE 0822.731.828
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ELIVIAM
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Of 82,201 companies in sector 70200 we hold annual accounts for 52,400. 30,916 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2020
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.