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HG Management

Active
Private limited companyfounded 2020active for 6 yearsBelven 5, 4730 Raeren, BelgiumKBO/BCE: BE 0745.848.638
Summary

HG Management has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,958 and a net result of €93,955. Equity has been growing by about 10% per year since 2020. The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 06-04-2020 Normal situation
Activity
Activities of head offices NACE 70100and 1 other
Establishment unit
2.307.127.281 4730 Raeren, since 22-09-2020
Financial year end
31 December
Peppol
Reachable

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€169,175
▲ 7.4%
Turnover
≈ €280,000
estimated
Profit
€93,955
▲ 29.4%
Equity
€10,958
▲ 56.5%
Total assets
€356,948
▼ 17.4%
Score breakdownraises riskLiquidity: current ratio 0.31, cash €5,643, halvedEquity €10,958 (3.1% of total assets)lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €356,948Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 46% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Average
Solvency 28+1
equity 3.1% of total assets
Liquidity 16-15
short-term debt 67.3% · cash 1.6%
Profitability 100+10
return on assets 26.3%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,536 companies, NACE 70, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025highest value 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.2%▼ -0.3 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.31 (0.54 in 2024), below 1. Short-term debt is 67.3% and cash 1.6% of total assets. 96.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 12% of them on solvency, 7% on liquidity, 84% on profitability and 82% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: total assets €356,948
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.31, cash €5,643, halved
NBB · annual accounts
raises risk · Equity €10,958 (3.1% of total assets)
NBB · annual accounts
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 13-04-2026, 109 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
109 days early
2024
27 days early
2023
26 days early
2022
88 days early
2021
124 days early
2020
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 68 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 May (4 of the last 5 accounts filed within 61 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Always filed on timeaccounts within the deadline every year 6 years View
  • Positive: 6 profitable years in a rowprofit 2025: €93,955 6 years View

Recent changes

  1. · Gazette deed General meeting · Director appointment
  2. · Gazette deed Founder · Incorporation
  3. · Gazette deed Founder · Incorporation
All 12 events

Comparable companies

These companies have the same main activity as HG Management: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €332,000 and €422,000, founded between 2019 and 2021.

CompanyTotal assetsGross margin
HG Management Raeren€356,948€169,175
KAGEFIN Eupen€389,891€161,436
B.Egon Merelbeke-Melle€337,413€158,175
ALYA MANAGEMENT Ellezelles€345,071€166,891
PRAGMA-K Oudenaarde€422,422€179,131
CTB Sint-Joost-ten-Node€378,561€174,979
DW ADVIES Ardooie€331,616€171,839
Full comparison

Key facts about HG Management

What is the company number of HG Management?
The company number of HG Management is 0745.848.638. The VAT number is the same number with BE in front: BE 0745.848.638.
Where is HG Management based?
The registered office is at Belven 5, 4730 Raeren.Company details
What does HG Management do?
According to the KBO register, the main activity is activities of head offices (NACE 70100).
What is the legal form of HG Management?
The legal form of HG Management is Private limited company (BV).
When was HG Management founded?
HG Management was founded on 06-04-2020.
Is HG Management still active?
Yes, HG Management is an active enterprise in the KBO register.
What is the turnover of HG Management?
The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €169,175 and 99 comparable companies (NACE 70). It probably lies between €220,000 and €360,000. In financial year 2023 turnover was €0.Financials
Is HG Management profitable?
In financial year 2025, HG Management made a profit of €93,955.
Where can I find the annual accounts of HG Management?
HG Management filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HG Management due?
HG Management must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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