HK SERVICES
ActiveSummary
HK SERVICES has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €106k and a net result of €18k. Equity is growing by ~25.6% per year across the filed fiscal years. Its solvency ranks better than 45% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+17
Solvency52▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.13 against 1.86 in 2024; short-term debt: 11.6% and cash: 7.7% of total assets), but 73.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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
26.9%
Return on assets
4.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 9 filingsDeviation from the deadline
2025
29 d late
2024
21 d late
2023
28 d late
2022
8 d late
2021
2 d early
2020
13 d late
2019
6 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 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
€106k▲ 36.5%
2024 · €78k
2018: €12k
2019: €27k
2020: €43k
2021: €43k
2022: €51k
2023: €84k
2024: €78k
2018 → 2025
Total assets
€395k▲ 10.5%
2024 · €357k
2018: €48k
2019: €68k
2020: €137k
2021: €389k
2022: €360k
2023: €403k
2024: €357k
2018 → 2025
Net result
€18k
2024 · €-7k
2018: €9k
2019: €15k
2020: €16k
2021: €-136
2022: €8k
2023: €34k
2024: €-7k
2018 → 2025
Working capital
€52k▲ 32.0%
2024 · €39k
2018: €4k
2019: €25k
2020: €9k
2021: €5k
2022: €21k
2023: €83k
2024: €39k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€51k▲ 18.9%€84k▲ 67.1%€78k▼ 8.1%€106k▲ 36.5%
Operating result€5k-€16k▲ 205%€54k▲ 233%€-570€38k
Net result€-136-€8k€34k▲ 322%€-7k€18k
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 returns to profit in 2025: €38k after a loss of €570 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €395k
Fixed assets
€297k ▲ 9.0%
Current assets
€98k ▲ 15.4%
Equity and liabilities €395k
Equity
€106k ▲ 36.5%
Debt
€289k ▲ 3.3%
Debt's share of the balance-sheet total falls from 78.3% to 73.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€75k▲
2024 · €28k
Cash flow
€55k▲
2024 · €22k
Current ratio
2.13▲
2024 · 1.86
Debt to equity
2.72▼
2024 · 3.60
ROE
17.3%▲
2024 · -8.8%
ROA
4.6%▲
2024 · -1.9%
Interest coverage
9.49▲
2024 · 5.02
Debt ≤ 1 year
€46k▲
2024 · €45k
Debt > 1 year
€242k▲
2024 · €233k
Income taxes
€12k▲
2024 · €1k
Staff costs
€1k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€357k€395k▲
Fixed assets21/28€272k€297k▲
Tangible fixed assets22/27€272k€297k▲
Land and buildings22€216k€202k▼
Furniture and vehicles24€57k€58k▲
Leasing and similar rights25-€36k
Current assets29/58€85k€98k▲
Amounts receivable within one year40/41€47k€53k▲
Trade receivables40€28k€26k▼
Other amounts receivable41€18k€27k▲
Cash at bank and in hand54/58€11k€30k▲
Deferred charges and accrued income490/1€27k€14k▼
Equity and liabilities
Total equity and liabilities10/49€357k€395k▲
Equity10/15€78k€106k▲
Contributions10/11€6k€16k▲
Outside capital11-€16k
Other1109/19-€16k
Reserves13€1k€1k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€70k€88k▲
Amounts payable17/49€279k€289k▲
Amounts payable after more than one year17€233k€242k▲
Financial debts170/4€233k€242k▲
Amounts payable within one year42/48€45k€46k▲
Current portion of amounts payable after more than one year42€25k€40k▲
Trade debts44€391€4k▲
Suppliers440/4€391€4k▲
Taxes, remuneration and social security45€15k€1k▼
Taxes450/3€15k€1k▼
Remuneration and social security454/9-€144
Other amounts payable47/48€5k-
Accrued charges and deferred income492/3€978€218▼
Income statement
Code20242025
Non-recurring operating income76A€1k€12k▲
Remuneration, social security and pensions62-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€37k▲
Other operating charges640/8€2k€5k▲
Non-recurring operating charges66A€3k€12k▲
Gross operating margin9900€33k€92k▲
Operating profit (loss)9901€-570€38k▲
Financial income75/76B€688€5▼
Recurring financial income75€688€5▼
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€-5k€30k▲
Income taxes67/77€1k€12k▲
Profit (loss) for the period9904€-7k€18k▲
Profit (loss) for the period to be appropriated9905€-7k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€70k€88k▲
Profit (loss) brought forward from the previous period14P€77k€70k▼
The notes to these accounts (7 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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2025
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
31-12
Financial
Equity above €100kEq €106k ▲36.5%
Equity rises from €78k to €106k.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Weakest financial yearnet €-7k ▼120%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Highest result since 2018net €34k ▲322%
Operating result €54k, net result €34k, both a record.
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
25-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Asse · 1 establishment unit since 2016
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.
Waarbeek 911730 AsseGround area
3,014 m²
Building footprint
414 m²
Volume, LiDAR
2,266 m³
Parcel 23053A0982/00H000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HK SERVICES
since 20162.259.467.718
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23053A0982/00H000 | Flanders | 3,014 m² | 1 · 414 m² | 8.4 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.
Similar companies · same sector, comparable size
CITY PROJECTS
BE 0866.631.256
Antwerpen · Eq €105,945
UNI-CASA LIVING
BE 0502.412.290
Kortrijk · Eq €106,041
Y
BE 0804.306.578
Elsene · Eq €106,046
IMFIRO
BE 0886.268.709
Roeselare · Eq €105,844
THUISMAKELAAR.BE
BE 0664.454.849
Mol · Eq €106,076
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,317 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
Founded17-11-2016
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
68121Development of residential building projects
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:hkservices.info@gmail.com