TECHNICAL HR EXPERTS
TECHNICAL HR EXPERTS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €891k and a net result of €138k. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 58% of 1437 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €891k |
| Net result | €138k |
| Staff (FTE) | 8.2 |
| Better than sector | 58% |
Strong profile, led by stability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 47.2% | 38.3% | |
| Net result | €138k | €73k | |
| Equity | €891k | €272k | |
| Gross operating margin | €790k | €348k | |
| Staff costs | €507k | €250k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | n/a | n/a | n/a | n/a | n/a |
| EBITDA | n/a | n/a | n/a | n/a | n/a |
| Net profit | €138k | €209k | €295k | €151k | €93k |
| Cash flow | n/a | n/a | n/a | n/a | n/a |
| Staff costs | €507k | €540k | €440k | €236k | €169k |
| Income taxes | €52k | €72k | €126k | €108k | €97k |
| Dividends | - | - | - | - | - |
| Total assets | €1.89M | €1.93M | €1.85M | €1.40M | €1.41M |
| Equity | €891k | €832k | €758k | €519k | €373k |
| Debt | €996k | €1.10M | €1.10M | €876k | €1.04M |
| of which ≤ 1y | €406k | €556k | €510k | €266k | €385k |
| of which > 1y | €581k | €537k | €583k | €588k | €653k |
| Working capital | n/a | n/a | n/a | n/a | n/a |
| Employees (FTE) | 8.2 | 9.4 | 8.2 | 4.8 | 3.6 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | n/a | n/a | n/a | n/a | n/a |
| Quick ratio | n/a | n/a | n/a | n/a | n/a |
| Working capital ratio | n/a | n/a | n/a | n/a | n/a |
| Solvency | 47.2% | 43.1% | 40.9% | 37.2% | 26.4% |
| Debt / equity | n/a | n/a | n/a | n/a | n/a |
| Long-term debt ratio | n/a | n/a | n/a | n/a | n/a |
| Interest coverage | n/a | n/a | n/a | n/a | n/a |
| Gross margin | n/a | n/a | n/a | n/a | n/a |
| Net margin | n/a | n/a | n/a | n/a | n/a |
| ROA | 7.3% | 10.8% | 15.9% | 10.8% | 6.6% |
| ROE | 15.5% | 25.2% | 38.9% | 29.1% | 25.0% |
| EBITDA margin | n/a | n/a | n/a | n/a | n/a |
| Days sales outstanding | n/a | n/a | n/a | n/a | n/a |
| Days payable outstanding | n/a | n/a | n/a | n/a | n/a |
| Inventory turnover | n/a | n/a | n/a | n/a | n/a |
| Days inventory (DSI) | n/a | n/a | n/a | n/a | n/a |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.89M | €1.93M | €1.85M | €1.40M | €1.41M |
| Fixed assets | 21/28 | €548k | €556k | €591k | €619k | €661k |
| Intangible fixed assets | 21 | - | - | - | €816 | €6k |
| Tangible fixed assets | 22/27 | €544k | €552k | €587k | €614k | €655k |
| Financial fixed assets | 28 | €4k | €4k | €4k | €4k | - |
| Current assets | 29/58 | €1.34M | €1.37M | €1.26M | €776k | €753k |
| Amounts receivable within one year | 40/41 | €643k | €741k | €495k | €107k | €122k |
| Investments | 50/53 | €5k | €4k | €4k | - | - |
| Cash & bank | 54/58 | €255k | €260k | €386k | €318k | €279k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.89M | €1.93M | €1.85M | €1.40M | €1.41M |
| Equity | 10/15 | €891k | €832k | €758k | €519k | €373k |
| Contributions / capital | 10/11 | €12k | €12k | €12k | €12k | €12k |
| Reserves | 13 | €721k | €639k | €535k | €505k | €360k |
| Accumulated profits (losses) | 14 | €157k | €180k | €210k | €739 | €72 |
| Amounts payable | 17/49 | €996k | €1.10M | €1.10M | €876k | €1.04M |
| Amounts payable after one year | 17 | €581k | €537k | €583k | €588k | €653k |
| Amounts payable within one year | 42/48 | €406k | €556k | €510k | €266k | €385k |
| Trade debts payable within one year | 44 | €123k | €174k | €237k | €57k | €110k |
| Income statement | ||||||
| Gross operating margin | 9900 | €790k | €907k | €944k | €628k | €480k |
| Operating result | 9901 | €191k | €300k | €441k | €278k | €206k |
| Financial income | 75 | €24k | €9k | €4k | €2k | €4k |
| Financial charges | 65 | €26k | €29k | €24k | €22k | €20k |
| Result before taxes | 9903 | €189k | €281k | €421k | €259k | €190k |
| Income taxes | 67/77 | €52k | €72k | €126k | €108k | €97k |
| Net result for the period | 9904 | €138k | €209k | €295k | €151k | €93k |
| Result to be appropriated | 9905 | €138k | €209k | €295k | €151k | €93k |
| NACE primary | Risk and damage evaluation(66210) |
| Legal form | Private limited company(610) |
| Incorporation | 05-09-2012 |
| Status | Active |
| Postal code | 9831 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44015A0328/00B000 | Flanders | 9,606 m² | 2 · 1,288 m² | 8.5 m · 2 fl. |
| 31012A0967/00K000 | Flanders | 1,395 m² | 1 · 173 m² | - |
| 35383C0389/00M003 | Flanders | 165 m² | 1 · 84 m² | 12.0 m · 3 fl. |
| 35386D0228/00M005 | Flanders | 153 m² | 1 · 153 m² | 24.2 m · 7 fl. |
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
23-06-2025 Registered office moved from Oostende to Sint-Martens-Latem
- Bosduiflaan 6, 8400 Oostende → Xavier De Cocklaan 72, 9831 Sint-Martens-Latem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Xavier De Cocklaan 72, 9831 Sint-Martens-Latem",
"city": "Sint-Martens-Latem",
"region": "vlaams_gewest",
"street": "Xavier De Cocklaan",
"country": "BE",
"postcode": "9831",
"box_number": null,
"street_number": "72",
"locality_suffix": null
},
"old_address": {
"raw": "Bosduiflaan 6, 8400 Oostende",
"city": "Oostende",
"region": "vlaams_gewest",
"street": "Bosduiflaan",
"country": "BE",
"postcode": "8400",
"box_number": null,
"street_number": "6",
"locality_suffix": null
},
"effective_date": "2025-04-18",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-06-23",
"filing_date": "2025-06-13",
"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
"body": "bevoegde_bestuursorgaan",
"date": "2025-04-18",
"unanimous": null
},
"subject_company": {
"kbo": "0848.475.232",
"name_full": "TECHNICAL HR EXPERTS",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Naomi Huysse",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"de notulen van de bestuursvergadering dd. 18/04/2025"
]
}16-11-2023 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Oostende",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2023-11-06",
"act_kind_objet": "NEERLEGGING TER GRIFFIE"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2023-09-05",
"unanimous": true
},
"agm_change": null,
"detected_kind": "officer_designation",
"other_address": null,
"mandate_renewal": {
"period_end": null,
"mandate_kind": "bestuurder",
"period_start": "2023-09-05",
"remuneration_eur": null,
"remuneration_kind": null,
"person_or_entity_kbo": null,
"person_or_entity_name": "Naomi Huysse"
},
"subject_company": {
"kbo": "0848.475.232",
"name_full": "TECHNICAL HR EXPERTS",
"legal_form": "BV"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Naomi Huysse",
"org_rep_person_name": null
},
"co_filed_documents": [],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": {
"role": "bestuurder",
"organ": "raad_van_bestuur",
"person_name": "Naomi Huysse"
},
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}25-11-2022 Board composition published
Technical details
{
"events": [
{
"kind": "substantive_delegation",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "HUYSSE, Naomi Lydie Ernestine",
"address": "8400 Oostende, Bosduiflaan 6",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "board_snapshot",
"role": "bestuurder",
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "statutair",
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"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Fran\u00E7ois Blontrock",
"firm_city": null,
"firm_name": "Blontrock \u0026 Vermeersch",
"office_city": "Brugge",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2022-11-25",
"filing_date": "2022-11-23",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2022-11-07",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0848.475.232",
"name_full": "TECHNICAL HR EXPERTS",
"legal_form": "BV"
},
"publication_proxy": {
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"org_name": null,
"person_name": "Fran\u00E7ois Blontrock",
"org_rep_person_name": null,
"person_role_at_subject": "notaris"
},
"co_filed_documents": [
"uitgifte van het proces-verbaal van de algemene vergadering",
"geco\u00F6rdineerde tekst van de statuten"
],
"corrected_publication_numac": null
}| Legal nameNL | TECHNICAL HR EXPERTS |