HDS GROUP

Active

Private limited companyfounded 2013active for 12 yearsOude Haachtsesteenweg 59, 1831 Machelen (Brab.), Belgium71 active companies are registered at this addressKBO/BCE: BE 0540.933.465

The file of HDS GROUP contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette.

Summary

For HDS GROUP, at least two filing cycles of the annual accounts are missing. The computed 12-month bankruptcy probability is 9.7% (elevated). The 2023 annual accounts show equity of €70,944 and a net result of €28,100. Equity is growing by about 27% per year across the filed financial years. Its solvency ranks better than 51% of 17,672 sector peers (NACE 56, financial year 2023).

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HDS GROUPActive

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Activity

Cafés and bars

NACE 56301

1 site

Size

€241,106total assets 2023

Equity: €70,944
Profit: €28,100

Financial health

Bankruptcy probabilitywithin 12 months: 9.7%

2023 figures too old to score

Structure

SARGSYAN KarapetDirector

Accounts 438 days overdue1 of 5 deeds read

Signalsraises riskFigures for financial year 2023 (filed 12-08-2024)2 financial years not filed after the legal deadline; latest accounts 9 days late; 2 of the last 3 lateLiquidity: current ratio 1.24, cash €515Size: total assets €241,106Two or more financial years not filedneutralPrior bankruptcyFiled after the deadlineShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2023 · tick = 2022

Average

Solvency 54+13

equity 29.4% of total assets

Liquidity 13+5

short-term debt 68.9% · cash 0.2%

Profitability 83+6

return on assets 11.7%

Bankruptcy probability, 12 months

9.7% Elevated

0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,718 companies, NACE 56, micro)

Last 24 months 11-2024: 3.1% 12-2024: 3.1%● unchanged vs 11-2024 01-2025: 3.1%● unchanged vs 12-2024 02-2025: 3.1%● unchanged vs 01-2025 03-2025: 3.1%● unchanged vs 02-2025 04-2025: 3.0%▼ -0.1 percentage points vs 03-2025 05-2025: 3.0%● unchanged vs 04-2025 06-2025: 2.9%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 2.9%● unchanged vs 06-2025 08-2025: 3.3%▲ +0.4 percentage points vs 07-2025 09-2025: 3.7%▲ +0.4 percentage points vs 08-2025 10-2025: 4.9%▲ +1.2 percentage points vs 09-2025 11-2025: 5.1%▲ +0.2 percentage points vs 10-2025 12-2025: 6.1%▲ +1.0 percentage point vs 11-2025 01-2026: 7.4%▲ +1.3 percentage points vs 12-2025 02-2026: 7.4%● unchanged vs 01-2026 03-2026: 7.6%▲ +0.2 percentage points vs 02-2026 04-2026: 7.1%▼ -0.5 percentage points vs 03-2026 05-2026: 7.1%● unchanged vs 04-2026 06-2026: 7.1%● unchanged vs 05-2026 07-2026: 7.1%● unchanged vs 06-2026 08-2026: 8.8%▲ +1.7 percentage points vs 07-2026 09-2026: 9.7%▲ +0.9 percentage points vs 08-2026highest value 10-2026: 9.7%● unchanged vs 09-2026highest value

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Signals

Seven signals.

raises riskneutral

Figures for financial year 2023 (filed 12-08-2024)

NBB · annual accounts

2 financial years not filed after the legal deadline; latest accounts 9 days late; 2 of the last 3 late

NBB · filings

Liquidity: current ratio 1.24, cash €515

NBB · annual accounts

Size: total assets €241,106

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Prior bankruptcy

Earlier bankruptcy on record in the Belgian Official Gazette, no current open procedure.

Belgian Official Gazette

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

31-12-2024 year end31-07-2025 deadline12-10-2026 today

Filed after the deadline

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 09-08-2024, 9 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

9 days late

2022

66 days late

2021

144 days late

2020

76 days late

2019

89 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 77 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

11-06-2026 Resignation: MATEVOSIAN Artur (director)Appointment: SARGSYAN Karapet (director) ·…
09-08-2024 Annual accounts filedfinancial year 2023 · micro…
25-06-2024 Bankruptcy reversalEnterprise Court of Brussels ·…

Key points

Risk: Accounts not fileddeadline was 31-07-2025 438 days late View
Caution: Board changedlatest change 24-04-2026 · 1 in office 1 joined · 1 left View
Positive: Among the best 19% on net resultsector median €3,661 · 17,638 companies €28,100 View
Positive: 5 profitable years in a rowprofit 2023: €28,100 5 years View