H-Con
ActiveSummary
The computed 12-month bankruptcy probability of H-Con is 5.0% (elevated). The 2025 annual accounts show negative equity (€-44k) and a net result of €5k. Equity is shrinking by ~51.1% per year across the filed fiscal years. Its solvency ranks better than 17% of 13305 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
31
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+73
Solvency0=
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
5.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.15 against 0.12 in 2024; short-term debt: 98.8% and cash: 7.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
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 2025Solvency, return and age of the figures
Solvency
-31%
Return on assets
3.4%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 13305 sector peers (2025).
NBB · sector comparisonPosition among 13305 sector peers
Solvency
better than 17%
← weakest
strongest →
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 06-01-2026, 25 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
25 d early
2024
4 d late
2023
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-44k▲ 9.9%
2024 · €-49k
2023: €974
2024: €-49k
2023 → 2025
Total assets
€142k▼ 10.0%
2024 · €157k
2023: €85k
2024: €157k
2023 → 2025
Net result
€5k
2024 · €-50k
2023: €-24k
2024: €-50k
2023 → 2025
Working capital
€-119k▲ 4.9%
2024 · €-125k
2023: €-79k
2024: €-125k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€974-€-49k€-44k▲ 9.9%
Operating result€-23k-€-45k▼ 98.2%€9k
Net result€-24k-€-50k▼ 107%€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €9k after a loss of €45k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €142k
Fixed assets
€120k ▼ 14.8%
Current assets
€21k ▲ 31.6%
Key figures and ratios
EBITDA
€31k▲
2024 · €-23k
Cash flow
€27k▲
2024 · €-28k
Solvency
-31.0%▼
2024 · -31.0%
Current ratio
0.15▲
2024 · 0.12
Debt to equity
-4.22▲
2024 · -4.23
ROA
3.4%▲
2024 · -31.6%
Interest coverage
7.15▲
2024 · -4.55
Debt
€185k▼
2024 · €206k
Debt ≤ 1 year
€140k▼
2024 · €141k
Debt > 1 year
€46k▼
2024 · €65k
Staff costs
€98k▼
2024 · €207k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€157k€142k▼
Fixed assets21/28€141k€120k▼
Tangible fixed assets22/27€141k€120k▼
Land and buildings22€103k€97k▼
Plant, machinery and equipment23€19k€12k▼
Furniture and vehicles24€9k€4k▼
Other tangible fixed assets26€11k€7k▼
Current assets29/58€16k€21k▲
Amounts receivable within one year40/41€8k€8k▲
Trade receivables40€7k€2k▼
Other amounts receivable41€1k€6k▲
Cash at bank and in hand54/58€7k€11k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€157k€142k▼
Equity10/15€-49k€-44k▲
Contributions10/11€25k€25k=
Profit (loss) carried forward14€-74k€-69k▲
Amounts payable17/49€206k€185k▼
Amounts payable after more than one year17€65k€46k▼
Financial debts170/4€65k€46k▼
Amounts payable within one year42/48€141k€140k▼
Current portion of amounts payable after more than one year42€19k€20k▲
Trade debts44€14k€17k▲
Suppliers440/4€14k€17k▲
Advances received on contracts in progress46€3k€6k▲
Taxes, remuneration and social security45€30k€14k▼
Taxes450/3€8k€7k▼
Remuneration and social security454/9€22k€7k▼
Other amounts payable47/48€75k€84k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€207k€98k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k▲
Other operating charges640/8€959€1k▲
Non-recurring operating charges66A€178€4k▲
Gross operating margin9900€185k€134k▼
Operating profit (loss)9901€-45k€9k▲
Financial income75/76B€216€418▲
Recurring financial income75€216€418▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€-50k€5k▲
Profit (loss) for the period9904€-50k€5k▲
Profit (loss) for the period to be appropriated9905€-50k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-74k€-69k▲
Profit (loss) brought forward from the previous period14P€-24k€-74k▼
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
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
30-06
Financial
Weakest financial yearnet €-50k
Net result drops to €-50k, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB 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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ranst · 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.
Liersesteenweg 1212520 RanstGround area
961 m²
Building footprint
441 m²
Volume, LiDAR
3,406 m³
2 parcels, Flanders · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Barraf
since 20222.334.323.311
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11015B0329/00L002 | Flanders | 636 m² | 1 · 111 m² | 10.1 m · 3 fl. |
| 12393F0293/00F003 | Flanders | 324 m² | 1 · 329 m² | 13.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLier2.334.323.311
Similar companies · same sector, comparable size
SK CONCEPT
BE 0799.292.371
Brussel · Eq €974
DELICE - INN
BE 0444.980.570
La Louvière · Eq €975
RAVITO PARTNER
BE 1031.431.781
Dinant · Eq €979
DA ME
BE 0782.736.451
Charleroi · Eq €983
SEY & DINE FOOD
BE 0758.387.471
Schaarbeek · Eq €964
Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 1,773 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-05-2022
Fiscal year end30-06
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
10712Artisanal bread and fresh pastry making
47120Other non-specialised retail sale
47210Retail sale of fruit and vegetables
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.