HK Deals
ActiveThe computed 12-month bankruptcy probability of HK Deals is 4.5% (elevated). The 2025 annual accounts show negative equity (€-57k) and a net result of €-47k. Equity is shrinking by ~194.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 18281 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
13
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-34
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
4.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.11 against 0.79 in 2024; short-term debt: 879.1% and cash: 0.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-783.1%
Return on assets
-648.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-57k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 4 filingsDeviation from the deadline
2025
28 d late
2024
27 d late
2023
30 d late
2022
30 d late
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-57k▼ 484%
2024 · €-10k
2022: €13k
2023: €-11k
2024: €-10k
2022 → 2025
Total assets
€7k▼ 80.9%
2024 · €38k
2022: €40k
2023: €27k
2024: €38k
2022 → 2025
Net result
€-47k
2024 · €1k
2022: €13k
2023: €-24k
2024: €1k
2022 → 2025
Working capital
€-57k▼ 453%
2024 · €-10k
2022: €13k
2023: €-8k
2024: €-10k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€13k-€-11k€-10k▲ 9.9%€-57k▼ 484%
Operating result€16k-€-24k€1k€-45k
Net result€13k-€-24k€1k€-47k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €45k after €1k in 2024, the lowest result in the available series.
Key figures and ratios
EBITDA
€-45k▼
2024 · €2k
Cash flow
€-47k▼
2024 · €1k
Solvency
-783.1%▼
2024 · -25.6%
Current ratio
0.11▼
2024 · 0.79
Quick ratio
0.11▼
2024 · 0.56
Debt / equity
-1.13▲
2024 · -4.91
ROA
-648.9%▼
2024 · 2.8%
Interest coverage
-21.75▼
2024 · 1.46
Debt
€64k▲
2024 · €48k
Debt ≤ 1 year
€64k▲
2024 · €48k
Staff costs
€32k▲
2024 · €32k
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
Assets
Total assets20/58€38k€7k▼
Fixed assets21/28€481-
Tangible fixed assets22/27€481-
Plant, machinery and equipment23€481-
Current assets29/58€38k€7k▼
Stocks and contracts in progress3€11k-
Stocks30/36€11k-
Amounts receivable within one year40/41€27k€7k▼
Trade receivables40€20€407▲
Other amounts receivable41€27k€7k▼
Cash at bank and in hand54/58-€55
Equity and liabilities
Total equity and liabilities10/49€38k€7k▼
Equity10/15€-10k€-57k▼
Contributions10/11-€1
Profit (loss) carried forward14€-10k€-57k▼
Amounts payable17/49€48k€64k▲
Amounts payable within one year42/48€48k€64k▲
Financial debts43€10k€3k▼
Credit institutions430/8€10k€3k▼
Trade debts44€19k€17k▼
Suppliers440/4€19k€17k▼
Advances received on contracts in progress46-€493
Taxes, remuneration and social security45€19k€24k▲
Taxes450/3€7k€4k▼
Remuneration and social security454/9€12k€20k▲
Other amounts payable47/48-€19k
Accrued charges and deferred income492/3-€285
Income statement
Code20242025
Remuneration, social security and pensions62€32k€32k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€156€78▼
Other operating charges640/8€960€2k▲
Non-recurring operating charges66A-€403
Gross operating margin9900€34k€-11k▼
Operating profit (loss)9901€1k€-45k▼
Financial income75/76B€788-
Recurring financial income75€788-
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€1k€-47k▼
Income taxes67/77€39-
Profit (loss) for the period9904€1k€-47k▼
Profit (loss) for the period to be appropriated9905€1k€-47k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-57k▼
Profit (loss) brought forward from the previous period14P€-11k€-10k▲
The notes to these accounts (5 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €-47k ▼4504%
Net result drops to €-47k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · 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, Waterloo · 1 establishment unit since 2022
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.
Drève de l'Infante 271410 WaterlooGround area
1,104 m²
Building footprint
777 m²
Volume, LiDAR
2,324 m³
2 parcels, Wallonia · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IODE.SRL
since 20222.329.817.066
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25762F0042/00D000 | Wallonia | 781 m² | 1 · 521 m² | - |
| 25763L0166/00A000 | Wallonia | 323 m² | 1 · 256 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
OMER ((ÖMER))
BE 0466.848.726
Charleroi · Eq €13k
EL MAD
BE 0466.049.960
Koekelberg · Eq €13k
HATEC
BE 0451.327.340
Hasselt · Eq €13k
FJH Legacy
BE 1031.142.662
Assesse · Eq €13k
VANDERMEERSCH-CREVITS
BE 0448.441.490
Roeselare · Eq €13k
Of 6,503 companies in sector 47716 we hold annual accounts for 2,441. 1,382 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2022
Fiscal year end31-12
Legal name FR
IODE.SRL
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47120Other non-specialised retail sale
47711Retail sale of women's outerwear
47715Retail trade
47721Retail sale of footwear
47722Retail trade
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.