Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of HOFIN is 0.2% (very low). The 2024 annual accounts show equity of €793k and a net result of €96k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 75% of 1697 sector peers (fiscal year 2024). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Signals
1 signal · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 11 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 29-07-2025 | 2 d early | 2025-00337889 |
| 31-12-2023 | 31-07-2024 | 11-07-2024 | 20 d early | 2024-00237087 |
| 31-12-2022 | 31-07-2023 | 27-06-2023 | 34 d early | 2023-00186517 |
| 31-12-2021 | 31-07-2022 | 08-06-2022 | 53 d early | 2022-20057622 |
| 31-12-2020 | 31-07-2021 | 24-06-2021 | 37 d early | 2021-26000404 |
| 31-12-2019 | 31-07-2020 | 29-06-2020 | 32 d early | 2020-25200497 |
| 31-12-2018 | 31-07-2019 | 27-06-2019 | 34 d early | 2019-24300331 |
| 31-12-2017 | 31-07-2018 | 15-06-2018 | 46 d early | 2018-19200433 |
| 31-12-2016 | 31-07-2017 | 27-06-2017 | 34 d early | 2017-23200425 |
| 31-12-2015 | 31-07-2016 | 29-07-2016 | 2 d early | 2016-38100535 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsLong-established
Founded in 1987, 38 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.2%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Long track record
−Annual accounts: healthy financial profile
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Turnover€2.84M
EBIT margin31.5%
Net result€96k-98.8%
Working capital€1.07M-65.8%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 29-07-2025 with the NBB · fiscal year 2024 · verkort
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile
Too volatile to project: the yearly deviation from the trend is ~75% of the level (threshold 35%). We therefore deliberately show no projection line.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 45.1% | 14.3% | |
| Net result | €96k | €0 | |
| Equity | €793k | €108k | |
| Gross operating margin | €147k | €52k | |
| Staff costs | €0 | €79k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P75
Improving position over 2020-2024
· n=461-1697
P82
Stable position over 2020-2024
· n=461-1693
P77
Stable position over 2020-2024
· n=461-1697
P67
Stable position over 2020-2024
· n=460-1694
Describes the position versus peers, not a forecast.
€2.84M
-
18-24
€136k
-81.7%
18-24
€96k
-98.8%
18-24
€144k
-98.1%
18-24
€1.76M
-53.5%
18-24
€793k
-69.6%
18-24
€1.07M
-65.8%
18-24
0
-100.0%
18-24
€0
-100.0%
18-24
€34k
-78.2%
18-24
€295k
-93.6%
18-24
€966k
-17.5%
18-24
€218k
+73.2%
18-24
€747k
-28.5%
18-24
5.94
-77.2%
18-24
5.94
-77.2%
18-24
45.1%
-34.7%
18-24
1.22
+171.7%
18-24
12.1%
-95.9%
18-24
5.5%
-97.3%
18-24
44.1%
-
18-24
32.6%
-
18-24
3.02
-57.9%
18-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €136k |
| Net profit | €96k |
| Cash flow | €144k |
| Staff costs | €0 |
| Income taxes | €34k |
| Dividends | €295k |
| Total assets | €1.76M |
| Equity | €793k |
| Debt | €966k |
| of which ≤ 1y | €218k |
| of which > 1y | €747k |
| Working capital | €1.07M |
| Employees (FTE) | 0.0 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 5.94 |
| Quick ratio | 5.94 |
| Working capital ratio | 61.1% |
| Solvency | 45.1% |
| Debt / equity | 1.22 |
| Long-term debt ratio | 0.94 |
| Interest coverage | 3.02 |
| Gross margin | - |
| Net margin | - |
| ROA | 5.5% |
| ROE | 12.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.76M |
| Fixed assets | 21/28 | €466k |
| Tangible fixed assets | 22/27 | €466k |
| Current assets | 29/58 | €1.29M |
| Amounts receivable within one year | 40/41 | €15k |
| Investments | 50/53 | €799k |
| Cash & bank | 54/58 | €423k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.76M |
| Equity | 10/15 | €793k |
| Contributions / capital | 10/11 | €780k |
| Reserves | 13 | €13k |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €966k |
| Amounts payable after one year | 17 | €747k |
| Amounts payable within one year | 42/48 | €218k |
| Trade debts payable within one year | 44 | €0 |
| Income statement | ||
| Gross operating margin | 9900 | €147k |
| Operating result | 9901 | €88k |
| Financial income | 75 | €87k |
| Financial charges | 65 | €45k |
| Result before taxes | 9903 | €130k |
| Income taxes | 67/77 | €34k |
| Net result for the period | 9904 | €96k |
| Result to be appropriated | 9905 | €96k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed83
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Directors
Directors & mandates
3 directorsCurrent directors & mandates
-
Current23-12-2024 → present
Permanent representatives (1)
These people represent a legal-person director (a management company, for instance). They hold no board mandate of their own and do not count as directors.
-
FISCO TRUST BVLegal entityPermanent representative· perm. rep.: SCHABREGS DavyState Gazette act 25105815 (20-08-2025)Permanent representative20-08-2025 → present
Former directors (2)
-
Humberto RenaersDirectorState Gazette act 23425551 (13-11-2023)Former- → 13-11-2023
-
PIAGroup BelgiumDirectorState Gazette act 23425551 (13-11-2023)Former- → 13-11-2023
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen(68201) |
| Legal form | Private limited company(610) |
| Incorporation | 01-10-1987 |
| Status | Active |
| Postal code | 3600 |
Structure & network
Locations & real estate
Establishment units
1 locationHOFIN
since 19992.032.624.904
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3,876 m²
Buildings1
Building footprint906 m²
Volume (LiDAR)4,290 m³
Tallest building8.6 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71302A0032/00B035 | Flanders | 3,876 m² | 1 · 906 m² | 8.6 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
2 acts Capital history · 1
13-11-2023
Capital change
All acts · 2
updated 11 months ago
2025
20-08-2025 2 directors appointed
- FISCO TRUST BV, Bestuurder
- SCHABREGS Davy, Vaste vertegenwoordiger
2023
13-11-2023 All shares are now held by a single shareholder
Notary:
Jelle VAN DER WEIJ · Genk
Analysis
Snowflake analysis
financial profile on 5 axes82
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
83
Profitability
61
Solvency
90
Growth
78
Stability
100
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Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, nearest firstCompany registry
Company registry (CBE)
Crossroads BankActivities
Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed, exclusief terreinen68203Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen68203
Primary activity highlighted.
Names & trade names
| Legal nameNL | HOFIN |
Registered office
Toekomstlaan 38
3600 Genk, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.