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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BHRSG from Sint-Genesius-Rode, company number BE0746904453, closed financial year 2025 with a result of € 37,993 after tax. For that financial year BHRSG recorded revenue of € 0 and equity of € -260,180. Compared with financial year 2024, the result moved from € -132,889 to € 37,993. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 19, 2025.
€ -260,180
▲ € 37,993 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,993
▲ still € 132,889 loss in 2024
Profit after tax over the fiscal year.
€ 1,563
▲ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -321,680.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,324
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,323
▼ 64% 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 | € 53,008 | € 117,826 | € 72,183 | € 37,221 | ▼ 48% |
| Profit after taxes | € -130,859 | € -59,581 | € -132,889 | € 37,993 | ▲ € 170,882 |
| Equity | € -105,703 | € -165,284 | € -298,173 | € -260,180 | ▲ € 37,993 |
| Total debts | € 344,905 | € 348,219 | € 304,053 | € 263,128 | ▼ 13% |
| Cash | € 12,941 | € 4,784 | € 937 | € 1,563 | ▲ 67% |
| Retained profit | € -167,203 | € -226,784 | € -359,673 | € -321,680 | ▲ € 37,993 |
| Bank debt | € 19,030 | € 9,972 | € 773 | € 0 | ▼ 100% |
| Balance sheet total | € 239,202 | € 182,935 | € 5,881 | € 2,948 | ▼ 50% |
Key figures of BHRSG, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to BHRSG?
What happened at BHRSG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 37,993. Source: NBB ↗
- New establishment in La Hulpe. KBO
- New establishment in Sint-Genesius-Rode. KBO
- Start of the company according to the CBE. KBO
In short
From € 130,859 loss in 2022 to € 37,993 profit in 2025.
Best year ever: 2025, with € 37,993 profit.
Management
The stake of MAOR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BHRSGBehind BHRSG is MAOR. The shares are held by MAOR (100%).
Establishments
Establishment units
Physical locations of this company
Zonnebloemlaan 11
1640 Sint-Genesius-Rode
Onze-Lieve-Vrouw-Voorplein 3
1640 Sint-Genesius-Rode
Active since 14 May 2020
Rue des Combattants 102
1310 La Hulpe
Active since 20 April 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0746.904.453
- VAT number
- BE 0746.904.453
- Registered office
- Zonnebloemlaan 11, 1640 Sint-Genesius-Rode
- Names & denominations
- BHRSG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 May 2020
- Peppol
- Active · Active since 16 Dec 2025
- Contact
- [email protected] +32475479439
- Activities · NACE
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