P. HD ARCHITECTES
ActiveP. HD ARCHITECTES has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €896k and a net result of €65k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 81% of 726 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-22
Solvency99▲+29
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 3.47 against 1.65 in 2024; short-term debt: 20.2% and cash: 1.9% of total assets), and 25.7% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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
74.3%
Return on assets
5.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
40 d early
2024
on the day
2023
40 d early
2022
46 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€65k▼ 84.8%
2024 · €429k
2022: €78k
2023: €440k
2024: €429k
2022 → 2025
Working capital
€602k▲ 3.5%
2024 · €582k
2022: €343k
2023: €517k
2024: €582k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€526k-€747k▲ 42.2%€828k▲ 10.8%€896k▲ 8.1%
Operating result€122k-€590k▲ 383%€577k▼ 2.3%€90k▼ 84.4%
Net result€78k-€440k▲ 467%€429k▼ 2.5%€65k▼ 84.8%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 84% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.21M
Fixed assets
€360k▼ 4.4%
Current assets
€845k▼ 42.9%
Equity and liabilities €1.21M
Equity
€896k▲ 8.1%
Provisions
€18k▼ 10.0%
Debt
€292k▼ 71.0%
The debt ratio falls from 54.3% to 24.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€177k▼
2024 · €648k
Cash flow
€153k▼
2024 · €500k
Solvency
74.3%▲
2024 · 44.6%
Current ratio
3.47▲
2024 · 1.65
Quick ratio
3.47▲
2024 · 1.65
Debt / equity
0.33▼
2024 · 1.22
ROE
7.3%▼
2024 · 51.8%
ROA
5.4%▼
2024 · 23.1%
Interest coverage
27.02▼
2024 · 101.73
Debt
€292k▼
2024 · €1.01M
Debt ≤ 1 year
€243k▼
2024 · €899k
Debt > 1 year
€49k▼
2024 · €110k
Income taxes
€21k▼
2024 · €144k
Staff costs
€70k▼
2024 · €76k
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€1.86M€1.21M▼
Fixed assets21/28€377k€360k▼
Tangible fixed assets22/27€257k€226k▼
Furniture and vehicles24€201k€155k▼
Other tangible fixed assets26€56k€71k▲
Financial fixed assets28€120k€135k▲
Current assets29/58€1.48M€845k▼
Amounts receivable after more than one year29€41k€81k▲
Other amounts receivable291€41k€81k▲
Amounts receivable within one year40/41€1.01M€715k▼
Trade receivables40€1.00M€602k▼
Other amounts receivable41€7k€114k▲
Cash at bank and in hand54/58€408k€23k▼
Deferred charges and accrued income490/1€25k€26k▲
Equity and liabilities
Total equity and liabilities10/49€1.86M€1.21M▼
Equity10/15€828k€896k▲
Contributions10/11€6k€6k=
Reserves13€106k€114k▲
Distributable reserves133€106k€114k▲
Profit (loss) carried forward14€656k€722k▲
Investment grants15€60k€54k▼
Provisions and deferred taxes16€20k€18k▼
Deferred taxes168€20k€18k▼
Amounts payable17/49€1.01M€292k▼
Amounts payable after more than one year17€110k€49k▼
Financial debts170/4€110k€49k▼
Amounts payable within one year42/48€899k€243k▼
Current portion of amounts payable after more than one year42€65k€65k=
Trade debts44€350k€103k▼
Suppliers440/4€350k€103k▼
Taxes, remuneration and social security45€107k€38k▼
Taxes450/3€84k€27k▼
Remuneration and social security454/9€23k€11k▼
Other amounts payable47/48€377k€38k▼
Accrued charges and deferred income492/3€117-
Income statement
Code20242025
Remuneration, social security and pensions62€76k€70k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€71k€87k▲
Other operating charges640/8€573€3k▲
Gross operating margin9900€724k€250k▼
Operating profit (loss)9901€577k€90k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€572k€87k▼
Income taxes67/77€144k€21k▼
Profit (loss) for the period9904€429k€65k▼
Profit (loss) for the period to be appropriated9905€429k€65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.01M€722k▼
Profit (loss) brought forward from the previous period14P€577k€656k▲
Profit to be distributed694/7€350k-
Return on contributions (dividend)694€350k-
Social balance
Average headcount (FTE)90871.10.5▼
The notes to these accounts (10 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
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-06
Financial
Weakest financial yearnet €65k ▼84.8%
Net result drops to €65k, the lowest in the series.
30-06
Financial
Liquidity doublescurrent ratio 3.47
Current ratio from 1.65 to 3.47; short-term debt falls from €899k to €243k.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
30-06
Financial
Highest result since 2022net €440k ▲467%
Operating result €590k, net result €440k, both a record.
2022
16-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Liège · 1 establishment unit since 2022
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.
Place Saint-Jacques 164000 LiègeGround area
591 m²
Building footprint
145 m²
Volume, LiDAR
2,208 m³
Parcel 62803A1370/00K000, Wallonia · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
P.HD ARCHITECTES
since 20222.330.250.004
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62803A1370/00K000 ProtectedMonument · Site or landscape |
Wallonia | 591 m² | 1 · 145 m² | 17.4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Federal government
2023 · 1 entry · 2,500 EUR in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2023 | FOD Mobiliteit | 1 | 2,500 EUR |
Budget allocations
Samenwerkingsakkoord Beliris - Kapitaal- overdrachten binnen institutionele groep
Similar companies · same sector, comparable size
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ARCHITECTENBUREAU A. VERBEKE
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BRIEKS
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NERO ARCHITECTEN
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Of 18,256 companies in sector 71111 we hold annual accounts for 6,321. 3,029 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-04-2022
Fiscal year end30-06
Activities, NACEBEL
71111Activities of building architects
71112Activities of interior architects
71113Urban planning and landscape architecture
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.