HYADES
ActiveHYADES has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €80k and a net result of €-10k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 76% of 26049 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability6=
Solvency89▼-11
Growth33=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.21 against 6.34 in 2023; short-term debt: 36% and cash: 2.2% of total assets), and 36% 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 47
Relative position
BE, all sectors
reference
Sector 47
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
64%
Return on assets
-8.1%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-10k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-07-2025, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
17 d early
2023
17 d early
2022
23 d late
2021
6 d late
2020
31 d late
2019
35 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€151k▲ 1.3%
2023 · €149k
2018: €147k
2019: €144k
2020: €131k
2021: €163k
2022: €166k
2023: €149k
2018 → 2024
EBIT margin
-6.4%▼ 0.8pp
2023 · -5.7%
2018: 5.8%
2019: 0.9%
2020: -1.2%
2021: 2.7%
2022: 0.4%
2023: -5.7%
2018 → 2024
Net result
€-10k▼ 20.0%
2023 · €-8k
2018: €6k
2019: €2k
2020: €-2k
2021: €5k
2022: €569
2023: €-8k
2018 → 2024
Working capital
€55k▼ 34.8%
2023 · €84k
2018: €88k
2019: €88k
2020: €85k
2021: €91k
2022: €92k
2023: €84k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€131k-€163k▲ 24.5%€166k▲ 2.1%€149k▼ 10.4%€151k▲ 1.3%
Equity€94k-€98k▲ 5.0%€99k▲ 0.6%€90k▼ 8.6%€80k▼ 11.2%
Operating result€-2k-€4k€685▼ 84.2%€-8k€-10k▼ 15.5%
Net result€-2k-€5k€569▼ 87.8%€-8k€-10k▼ 20.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10k in 2024 against €8k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €125k
Fixed assets
€25k▲ 302%
Current assets
€100k▲ 0.2%
Equity and liabilities €125k
Equity
€80k▼ 11.2%
Debt
€45k▲ 186%
The debt ratio rises from 14.9% to 36.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-8k▼
2023 · €-7k
Cash flow
€-9k▼
2023 · €-7k
Solvency
64.0%▼
2023 · 85.1%
Current ratio
2.21▼
2023 · 6.34
Quick ratio
0.24▼
2023 · 0.61
Debt / equity
0.56▲
2023 · 0.17
ROE
-12.6%▼
2023 · -9.4%
ROA
-8.1%▼
2023 · -8.0%
Interest coverage
-8.33▼
2023 · -7.89
Debt
€45k▲
2023 · €16k
Debt ≤ 1 year
€45k▲
2023 · €16k
Staff costs
€14k▲
2023 · €14k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€106k€125k▲
Fixed assets21/28€6k€25k▲
Tangible fixed assets22/27€1k€20k▲
Furniture and vehicles24€1k€20k▲
Financial fixed assets28€5k€5k▲
Current assets29/58€100k€100k▲
Stocks and contracts in progress3€90k€89k▼
Stocks30/36€90k€89k▼
Amounts receivable within one year40/41€6k€8k▲
Trade receivables40€5k€8k▲
Other amounts receivable41€473€14▼
Cash at bank and in hand54/58€3k€3k▼
Deferred charges and accrued income490/1€510€229▼
Equity and liabilities
Total equity and liabilities10/49€106k€125k▲
Equity10/15€90k€80k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€70k€60k▼
Amounts payable17/49€16k€45k▲
Amounts payable within one year42/48€16k€45k▲
Trade debts44€3k€7k▲
Suppliers440/4€3k€7k▲
Taxes, remuneration and social security45€12k€13k▲
Taxes450/3€5k€5k▼
Remuneration and social security454/9€6k€9k▲
Other amounts payable47/48€1k€25k▲
Accrued charges and deferred income492/3€33€16▼
Income statement
Code20232024
Turnover70€149k€151k▲
Goods, raw materials, services and sundry goods60/61€142k€143k▲
Remuneration, social security and pensions62€14k€14k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€567€2k▲
Gross operating margin9900€8k€8k▲
Operating profit (loss)9901€-8k€-10k▼
Financial income75/76B€872€587▼
Recurring financial income75€872€587▼
Financial charges65/66B€887€989▲
Recurring financial charges65€887€989▲
Profit (loss) for the period before taxes9903€-8k€-10k▼
Income taxes67/77€7-
Profit (loss) for the period9904€-8k€-10k▼
Profit (loss) for the period to be appropriated9905€-8k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€70k€60k▼
Profit (loss) brought forward from the previous period14P€78k€70k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
06-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 6 days late
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 35 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 396 days late
2017
29-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 90 days late
2016
22-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2003
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.
Rue de la Croix 115000 NamurGround area
37 m²
Building footprint
58 m²
Volume, LiDAR
809 m³
Parcel 92094C1035/00_000, Wallonia · tallest building 16.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
HYADES
since 20032.132.010.906
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92094C1035/00_000 | Wallonia | 37 m² | 1 · 58 m² | 16.6 m · 5 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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Of 1,394 companies in sector 47784 we hold annual accounts for 427. 342 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-05-2003
Fiscal year end31-12
Activities, NACEBEL
47784Retail sale of souvenirs and religious articles
47786Retail trade
52497
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.