Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
HS AVOCATS from Watermaal-Bosvoorde, company number BE0668694838, closed financial year 2024 with a result of € 3,359 after tax. For that financial year HS AVOCATS recorded a gross margin of € 54,655 and equity of € 123,890. Compared with financial year 2023, the result moved from € 7,132 to € 3,359. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 7, 2025.
€ 123,890
▲ 3% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,359
▼ 53% vs 2023
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 105,290.
People and assets in 2024
€ 1,027
▼ 47% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 540,913
▼ 7% vs 2023
€ 40,216 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 16,157
▼ 36% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 3,100
▼ 47% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 34,287 | € 39,125 | € 54,707 | € 54,655 | |
| Profit after taxes | € 2,876 | € 1,135 | € 7,132 | € 3,359 | ▼ 53% |
| Equity | € 112,264 | € 113,399 | € 120,531 | € 123,890 | ▲ 3% |
| Total debts | € 701,607 | € 701,657 | € 764,186 | € 857,432 | ▲ 12% |
| Cash | € 378 | - | € 76,525 | - | |
| Land & buildings | € 272,793 | € 262,620 | € 252,448 | € 250,371 | ▼ 1% |
| Retained profit | € 93,664 | € 94,799 | € 101,931 | € 105,290 | ▲ 3% |
| Bank debt | € 507,465 | € 476,455 | € 578,983 | € 540,913 | ▼ 7% |
| Balance sheet total | € 813,871 | € 815,056 | € 884,717 | € 981,323 | ▲ 11% |
Key figures of HS AVOCATS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to HS AVOCATS?
What happened at HS AVOCATS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 3,359 (▼ 53% vs 2023). filed late Source: NBB ↗
- Hugues SIMON became a director. NBB
- New establishment in Watermaal-Bosvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,876 profit in 2021 to € 3,359 profit in 2024.
Paid € 10,878 in corporate taxes since 2021.
Best year ever: 2023, with € 7,132 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind HS AVOCATS is Hugues SIMON. It owns 33% of R & H ASSOCIES itself.
Directors
According to the 2024 annual accounts
Hugues SIMON
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 177/8
1170 Watermaal-Bosvoorde
Terhulpsesteenweg 177 box 8
1170 Watermaal-Bosvoorde
Active since 3 January 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0668.694.838
- VAT number
- BE 0668.694.838
- Registered office
- Terhulpsesteenweg 177/8, 1170 Watermaal-Bosvoorde
- Names & denominations
- HS AVOCATS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2017
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van advocaten
Overige zakelijke dienstverlening, neg