Huntsman Building Solutions (Europe)
ActiveHuntsman Building Solutions (Europe) has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.58M and a net result of €32k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 81% of 4860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▼-31
Solvency100=
Growth35=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200k at 30 days acceptable
Liquidity ample (current ratio 4.0 against 6.69 in 2024; short-term debt: 24.4% and cash: 65.7% of total assets), and 24.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
75.6%
Return on assets
0.9%
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
69 d late
2023
on the day
2022
on the day
2021
24 d early
2020
2 d early
2019
82 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€3.31M▼ 13.2%
2024 · €3.82M
2022: €5.25M
2023: €5.12M
2024: €3.82M
2022 → 2025
EBIT margin
0.7%▼ 12.4pp
2024 · 13.1%
2022: 9.4%
2023: 18.5%
2024: 13.1%
2022 → 2025
Net result
€32k▼ 91.8%
2024 · €397k
2018: €1.13M
2019: €70k
2020: €-522k
2021: €-164k
2022: €442k
2023: €708k
2024: €397k
2018 → 2025
Working capital
€2.50M▲ 1.3%
2024 · €2.47M
2018: €1.54M
2019: €1.61M
2020: €1.09M
2021: €924k
2022: €1.37M
2023: €2.07M
2024: €2.47M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€5.25M€5.12M▼ 2.4%€3.82M▼ 25.4%€3.31M▼ 13.2%
Equity€1.00M-€1.44M▲ 44.1%€2.15M▲ 49.0%€2.55M▲ 18.4%€2.58M▲ 1.3%
Operating result€-133k-€492k€949k▲ 93.1%€501k▼ 47.2%€22k▼ 95.6%
Net result€-164k-€442k€708k▲ 60.1%€397k▼ 43.9%€32k▼ 91.8%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 96% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.42M
Fixed assets
€78k=
Current assets
€3.34M▲ 14.9%
Equity and liabilities €3.42M
Equity
€2.58M▲ 1.3%
Debt
€834k▲ 92.0%
The debt ratio rises from 14.6% to 24.4%. Equity and debt are higher.
Key figures and ratios
Solvency
75.6%▼
2024 · 85.4%
Current ratio
4.00▼
2024 · 6.69
Quick ratio
3.60▼
2024 · 6.42
Debt / equity
0.32▲
2024 · 0.17
ROE
1.3%▼
2024 · 15.6%
ROA
0.9%▼
2024 · 13.3%
Debt
€834k▲
2024 · €434k
Debt ≤ 1 year
€834k▲
2024 · €434k
Income taxes
€18k▼
2024 · €143k
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€2.98M€3.42M▲
Fixed assets21/28€78k€78k=
Financial fixed assets28€78k€78k=
Affiliated companies280/1€78k€78k=
Participating interests280€78k€78k=
Current assets29/58€2.91M€3.34M▲
Stocks and contracts in progress3€115k€333k▲
Stocks30/36€115k€333k▲
Goods purchased for resale34€115k€333k▲
Amounts receivable within one year40/41€681k€761k▲
Trade receivables40€679k€717k▲
Other amounts receivable41€2k€44k▲
Cash at bank and in hand54/58€2.11M€2.24M▲
Deferred charges and accrued income490/1€5k€182▼
Equity and liabilities
Total equity and liabilities10/49€2.98M€3.42M▲
Equity10/15€2.55M€2.58M▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€2.53M€2.56M▲
Amounts payable17/49€434k€834k▲
Amounts payable within one year42/48€434k€834k▲
Trade debts44€389k€807k▲
Suppliers440/4€389k€807k▲
Taxes, remuneration and social security45€46k€27k▼
Taxes450/3€46k€27k▼
Income statement
Code20242025
Operating income70/76A€4.38M€3.33M▼
Turnover70€3.82M€3.31M▼
Other operating income74€559k€19k▼
Operating charges60/66A€3.88M€3.31M▼
Goods for resale, raw materials and consumables60€2.62M€2.38M▼
Purchases600/8€2.43M€2.60M▲
Change in stocks: decrease (increase)609€185k€-216k▼
Services and other goods61€1.08M€917k▼
Remuneration, social security and pensions62€180k-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k€10k▲
Other operating charges640/8€156€968▲
Operating profit (loss)9901€501k€22k▼
Financial income75/76B€42k€31k▼
Recurring financial income75€42k€31k▼
Other financial income752/9€42k€31k▼
Non-recurring financial income76B-€61
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Other financial charges652/9€3k€2k▼
Profit (loss) for the period before taxes9903€540k€50k▼
Income taxes67/77€143k€18k▼
Taxes670/3€143k€18k▼
Profit (loss) for the period9904€397k€32k▼
Profit (loss) for the period to be appropriated9905€397k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.53M€2.56M▲
Profit (loss) brought forward from the previous period14P€2.13M€2.53M▲
Social balance
Average headcount (FTE)90870.9-
The notes to these accounts (26 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
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
19-03
State Gazette act
Resignations & appointmentsGeneral meeting · Board meeting · Director appointment8 facts ▸
State Gazette act
Resignations & appointments
General meeting · Board meeting · Director appointment8 facts ▸
- General meeting, 21/11/2025
- Board meeting, 21/11/2025
- Director appointment, Frank Van Opstal (bestuurder)
- Mandate compensation, Frank Van Opstal
- Director resignation, Thierry Gossen (dagelijks bestuurder)
- Director appointment, Douglas Brady (dagelijks bestuurder)
- Mandate compensation, Douglas Brady
- Power of attorney, CoTra Law
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 69 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €2MEq €2.15M ▲49%
2 profitable years in a row build equity to €2.15M.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €442k
Net result €442k after 2 loss-making years.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-522k ▼848%
Net result drops to €-522k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 5.38
Current ratio from 2.40 to 5.38; short-term debt falls from €1.15M to €248k.
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 82 days late
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 48 days late
2017
30-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 directors, no change since 2025
Douglas Brady
CurrentDagelijks bestuurder · since 21-11-2025
Frank Van Opstal
CurrentDirector · since 21-11-2025
21-11-2025
Douglas Brady: Appointed as Dagelijks bestuurder
21-11-2025
Frank Van Opstal: Appointed as Director
30-07-2025
Thierry Gossen: Resigned as Director
30-07-2025
Thierry Gossen: Resigned as Dagelijks bestuurder
23-05-2025
Elizabeth Lalli Reese: Resigned as Director
09-09-2024
Simon Baker: Resigned as Director
29-09-2023
Pauwels Els: Resigned as Director
Location & real-estate footprint
Registered office, Tienen · 1 establishment unit since 2013
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.
Grijpenlaan 183300 TienenGround area
1.1 ha
Building footprint
4,307 m²
Volume, LiDAR
49,671 m³
Parcel 24592F0226/00W002, Flanders · tallest building 17.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Grijpenlaan 18, 3300 Tienen
since 20132.215.529.092
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24592F0226/00W002 | Flanders | 1.1 ha | 1 · 4,307 m² | 17.5 m · 4 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.
Structure & network
Connections & network
4 connected companiesNetwork connections
Shared address
→
Shared address
→
Shared address
→
Shared address
→
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Of 537 companies in sector 46120 we hold annual accounts for 303. 142 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-01-2013
Fiscal year end31-12
Activities, NACEBEL
46120Wholesale trade
46851Wholesale of industrial chemicals
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.