HD Accountancy
ActiveHD Accountancy has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €197k and a net result of €11k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 18% of 12402 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
61
/ 100
Healthy▼ -20 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▼-25
Solvency44▼-14
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 2.44 against 3.23 in 2024), but 83.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
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
16.7%
Return on assets
1%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 12402 sector peers (2025).
NBB · sector comparisonPosition among 12402 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
14 d early
2022
31 d early
2021
5 d early
2020
38 d early
2019
25 d early
← before the deadline
after the deadline →
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
05-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€197k▲ 6.2%
2024 · €185k
2021: €257k
2022: €161k
2023: €166k
2024: €185k
2021 → 2025
Total assets
€1.18M▲ 55.0%
2024 · €759k
2021: €812k
2022: €809k
2023: €795k
2024: €759k
2021 → 2025
Net result
€11k▼ 42.3%
2024 · €20k
2021: €209k
2022: €13k
2023: €6k
2024: €20k
2021 → 2025
Working capital
€185k▼ 54.6%
2024 · €407k
2021: €579k
2022: €389k
2023: €398k
2024: €407k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€257k-€161k▼ 37.3%€166k▲ 3.3%€185k▲ 11.4%€197k▲ 6.2%
Operating result€105k-€23k▼ 77.9%€20k▼ 14.2%€41k▲ 103%€50k▲ 23.1%
Net result€209k-€13k▼ 93.8%€6k▼ 53.1%€20k▲ 224%€11k▼ 42.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 23% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.18M
Fixed assets
€863k▲ 408%
Current assets
€313k▼ 46.9%
Equity and liabilities €1.18M
Equity
€197k▲ 6.2%
Debt
€979k▲ 70.7%
The debt ratio rises from 75.6% to 83.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€70k▲
2024 · €66k
Cash flow
€32k▼
2024 · €45k
Solvency
16.7%▼
2024 · 24.4%
Current ratio
2.44▼
2024 · 3.23
Quick ratio
2.44▼
2024 · 3.23
Debt / equity
4.98▲
2024 · 3.10
ROE
5.8%▼
2024 · 10.7%
ROA
1.0%▼
2024 · 2.6%
Interest coverage
1.76▼
2024 · 4.31
Debt
€979k▲
2024 · €574k
Debt ≤ 1 year
€128k▼
2024 · €182k
Debt > 1 year
€851k▲
2024 · €384k
Income taxes
€2k▼
2024 · €8k
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
Total assets
20/58€759k€1.18M▲
Fixed assets
21/28€170k€863k▲
Tangible fixed assets
22/27€170k€863k▲
Current assets
29/58€589k€313k▼
Amounts receivable within one year
40/41€270k€270k=
Cash & bank
54/58€21k€31k▲
Total equity & liabilities
10/49€759k€1.18M▲
Equity
10/15€185k€197k▲
Contributions / capital
10/11€19k€19k=
Reserves
13€142k€142k=
Accumulated profits (losses)
14€24k€36k▲
Amounts payable
17/49€574k€979k▲
Amounts payable after one year
17€384k€851k▲
Amounts payable within one year
42/48€182k€128k▼
Trade debts payable within one year
44€1k€5k▲
Income statement
Code20242025
Gross operating margin
9900€67k€113k▲
Operating result
9901€41k€50k▲
Financial income
75€3k€3k▲
Financial charges
65€15k€40k▲
Result before taxes
9903€28k€13k▼
Income taxes
67/77€8k€2k▼
Net result for the period
9904€20k€11k▼
Result to be appropriated
9905€20k€11k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
19-06
State Gazette act
Director changes
07-04
State Gazette act
Director changes
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €6k ▼53.1%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 directors, last change in 2025
DIETER HOSTE
CurrentManaging director · since 01-05-2025
Inge Sercu
CurrentDirector · since 01-05-2025
01-05-2025
DIETER HOSTE: Appointed as Managing director
01-05-2025
Inge Sercu: Appointed as Director
01-05-2025
Inge Sercu: Appointed as Managing director
01-05-2025
NELE LOGGHE: Resigned as Niet statutair opvolgend bestuurder
Not every act has been read: a resignation may be missing here
2 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2017
Ground area
2,402 m²
Building footprint
463 m²
Volume, LiDAR
2,316 m³
Parcel 31362B0117/00G000, Flanders · tallest building 16.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HD Accountancy
since 20172.269.521.569
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31362B0117/00G000 | Flanders | 2,402 m² | 1 · 463 m² | 16.6 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.
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
ROLAND, BLOQUIAU & ASSOCIES
BE 0809.149.254
Soignies · Eq €197k
CABINET D'EXPERTISES COMPTABLES ET FISCALES ZAMMUTO ALFONSO
BE 0477.872.577
La Louvière · Eq €197k
VANWIX
BE 0810.991.561
Zonhoven · Eq €197k
Information, Tax and Accountancy
BE 0799.590.004
Gent · Eq €197k
Fiduciaire HEYNEN, PITSCH et Associés
BE 0460.503.540
Nandrin · Eq €197k
Of 12,122 companies in sector 69201 we hold annual accounts for 7,543. 6,326 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2017
Fiscal year end31-12
Abbreviation NL
HDA
Activities, NACEBEL
69201Certified accountants and tax accountants
64200Holdings
64210Activities of holding companies
85699Other educational support services
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 2 actsNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 15-07-2026. Scores and ratios are computed by Checked and are not a credit decision.