H.M.V.
ActiveSummary
The computed 12-month bankruptcy probability of H.M.V. is 2.4% (moderate). The 2025 annual accounts show negative equity (€-67k) and a net result of €-79k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 3674 sector peers (fiscal year 2025). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
29
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-78
Solvency10▼-18
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.22 against 0.5 in 2024; short-term debt: 38.5% and cash: 3.4% of total assets), and equity is negative.
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 56
Relative position
BE, all sectors
reference
Sector 56
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 2025Solvency, return and age of the figures
Solvency
-14.8%
Return on assets
-17.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-67k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
30 d late
2024
26 d late
2023
5 d early
2022
60 d late
2021
22 d late
2020
30 d late
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-67k
2024 · €14k
2018: €54k
2019: €31k
2020: €28k
2021: €28k
2022: €-25k
2023: €-21k
2024: €14k
2018 → 2025
Total assets
€452k▼ 7.8%
2024 · €490k
2018: €763k
2019: €696k
2020: €686k
2021: €682k
2022: €609k
2023: €549k
2024: €490k
2018 → 2025
Net result
€-79k
2024 · €37k
2018: €-19k
2019: €-21k
2020: €-818
2021: €2k
2022: €-51k
2023: €6k
2024: €37k
2018 → 2025
Working capital
€-136k▼ 193%
2024 · €-46k
2018: €11k
2019: €-9k
2020: €9k
2021: €-1k
2022: €-69k
2023: €-79k
2024: €-46k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€-25k€-21k▲ 14.6%€14k€-67k
Operating result€29k-€-33k€18k€48k▲ 163%€-68k
Net result€2k-€-51k€6k€37k▲ 565%€-79k
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 turns negative in 2025: a loss of €68k after €48k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €452k
Fixed assets
€414k ▼ 6.7%
Current assets
€38k ▼ 18.6%
Key figures and ratios
EBITDA
€-10k▼
2024 · €104k
Cash flow
€-21k▼
2024 · €93k
Solvency
-14.8%▼
2024 · 2.9%
Current ratio
0.22▼
2024 · 0.50
Quick ratio
0.11▼
2024 · 0.29
Debt to equity
-7.72▼
2024 · 33.62
ROA
-17.5%▼
2024 · 7.6%
Interest coverage
-0.76▼
2024 · 7.62
Debt
€515k▲
2024 · €472k
Debt ≤ 1 year
€174k▲
2024 · €93k
Debt > 1 year
€341k▼
2024 · €378k
Staff costs
€106k▲
2024 · €99k
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 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€490k€452k▼
Fixed assets21/28€443k€414k▼
Tangible fixed assets22/27€443k€414k▼
Land and buildings22€391k€352k▼
Plant, machinery and equipment23€27k€21k▼
Furniture and vehicles24€7k€5k▼
Other tangible fixed assets26€18k€35k▲
Financial fixed assets28€62€285▲
Current assets29/58€47k€38k▼
Stocks and contracts in progress3€19k€19k=
Stocks30/36€19k€19k=
Amounts receivable within one year40/41€9k€429▼
Trade receivables40€8k€429▼
Other amounts receivable41€908-
Cash at bank and in hand54/58€16k€16k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€490k€452k▼
Equity10/15€14k€-67k▼
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Revaluation surpluses12€107k€107k=
Reserves13€10k€10k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€-189k€-268k▼
Investment grants15€12k€10k▼
Provisions and deferred taxes16€4k€3k▼
Deferred taxes168€4k€3k▼
Amounts payable17/49€472k€515k▲
Amounts payable after more than one year17€378k€341k▼
Financial debts170/4€378k€341k▼
Amounts payable within one year42/48€93k€174k▲
Current portion of amounts payable after more than one year42€58k€62k▲
Financial debts43-€15k
Credit institutions430/8-€15k
Trade debts44€7k€31k▲
Suppliers440/4€7k€31k▲
Taxes, remuneration and social security45€19k€36k▲
Taxes450/3€10k€8k▼
Remuneration and social security454/9€9k€28k▲
Other amounts payable47/48€9k€30k▲
Accrued charges and deferred income492/3€966€400▼
Income statement
Code20242025
Non-recurring operating income76A€2k-
Remuneration, social security and pensions62€99k€106k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€58k▲
Other operating charges640/8€5k€5k▲
Non-recurring operating charges66A€1k-
Gross operating margin9900€208k€101k▼
Operating profit (loss)9901€48k€-68k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€14k€13k▼
Recurring financial charges65€14k€13k▼
Profit (loss) for the period before taxes9903€37k€-80k▼
Transfer from deferred taxes780€656€656=
Profit (loss) for the period9904€37k€-79k▼
Profit (loss) for the period to be appropriated9905€37k€-79k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-189k€-268k▼
Profit (loss) brought forward from the previous period14P€-226k€-189k▲
The notes to these accounts (11 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
31-12
Financial
Weakest financial yearnet €-79k ▼311%
Net result drops to €-79k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Highest result since 2018net €37k ▲565%
Operating result €48k, net result €37k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Ukkel · 1 establishment unit since 1998
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.
Diepestraat 101180 UkkelGround area
323 m²
Building footprint
202 m²
Volume, LiDAR
1,134 m³
Parcel 21614E0335/00L000, Brussels · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LE VENTRE SAINT GRIS
since 19982.086.845.627
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0335/00L000 | Brussels | 323 m² | 1 · 202 m² | 10.5 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteUkkel2.086.845.627
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 8,007 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 formPublic limited company
Founded24-04-1998
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
56220Contract catering and other food service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.