Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HG-conseil from Olne, company number BE0678623480, closed financial year 2025 with a result of € 940 after tax. For that financial year HG-conseil recorded a gross margin of € 14,746 and equity of € 11,091. Compared with financial year 2024, the result moved from € 1,526 to € 940. The company is profitable. The buffer shrank hard: equity is 85 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 6, 2026.
€ 11,091
▼ 85% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 940
▼ 38% vs 2024
Profit after tax over the fiscal year.
€ 5,615
▲ € 5,522 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 65,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 110
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 581
▼ 76% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 86,046
€ 18,384 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 6,208
▼ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,924
▲ 138% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 11,428 | € -11,906 | € 14,873 | € 14,746 | ▼ 1% |
| Profit after taxes | € 6,391 | € -20,275 | € 1,526 | € 940 | ▼ 38% |
| Equity | € 93,900 | € 73,625 | € 75,151 | € 11,091 | ▼ 85% |
| Total debts | € 12,608 | € 111,173 | € 119,134 | € 173,178 | ▲ 45% |
| Cash | € 5,579 | € 94 | € 94 | € 5,615 | ▲ € 5,522 |
| Land & buildings | - | € 105,166 | € 103,934 | € 102,701 | ▼ 1% |
| Retained profit | € 87,700 | € 67,425 | € 68,951 | € 4,891 | ▼ 93% |
| Dividend | € 0 | € 0 | € 0 | € 65,000 | |
| Bank debt | € 0 | € 89,928 | € 86,415 | € 86,046 | |
| Balance sheet total | € 106,508 | € 184,798 | € 194,286 | € 184,269 | ▼ 5% |
Key figures of HG-conseil, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to HG-conseil?
What happened at HG-conseil in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 940 (▼ 38% vs 2024). filed late Source: NBB ↗
- New establishment in Olne. KBO
- Hugues Gillon became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6,391 profit in 2022 to € 940 profit in 2025.
Paid € 6,787 in corporate taxes since 2022.
Best year ever: 2022, with € 6,391 profit.
Paid out € 65,000 in dividends to the owners in total.
Management
Behind HG-conseil is Hugues Gillon.
Directors
According to the 2025 annual accounts
Hugues Gillon
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Bois des Tailles 2
4877 Olne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0678.623.480
- VAT number
- BE 0678.623.480
- Registered office
- Bois des Tailles 2, 4877 Olne
- Names & denominations
- HG-conseil
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 2017
- Peppol
- Active · Active since 3 Dec 2024
- Activities · NACE
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