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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
74 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
HGS from Herk-de-Stad, company number BE0782629058, closed financial year 2025 with a result of € -28,662 after tax. For that financial year HGS recorded a gross margin of € -12,861 and equity of € -47,668. Compared with financial year 2024, the result moved from € -11,061 to € -28,662. The company made a loss. 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 September 28, 2026.
€ -47,668
▼ € 28,662 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,662
▼ 159 % more loss than in 2024
Profit after tax over the fiscal year.
€ 259
▲ € 258 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -50,168.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 259,709
Loans from banks and other lenders, long and short.
€ 9,528
▲ € 9,183 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,816
▼ 5% 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 | € 24,727 | € 889 | € -6,898 | € -12,861 | ▼ € 5,963 |
| Profit after taxes | € -5,943 | € -4,502 | € -11,061 | € -28,662 | ▼ € 17,601 |
| Equity | € -3,443 | € -7,945 | € -19,006 | € -47,668 | ▼ € 28,662 |
| Total debts | € 48,781 | € 38,933 | € 46,265 | € 318,105 | ▲ € 271,839 |
| Cash | € 647 | € 298 | € 1 | € 259 | ▲ € 258 |
| Land & buildings | - | - | - | € 233,139 | |
| Retained profit | € -5,943 | € -10,445 | € -21,506 | € -50,168 | ▼ € 28,662 |
| Bank debt | € 0 | € 0 | € 0 | € 259,709 | |
| Balance sheet total | € 45,338 | € 30,987 | € 27,259 | € 270,437 | ▲ € 243,178 |
Key figures of HGS, 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 HGS?
What happened at HGS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 28,662. filed late Source: NBB ↗
- BEKIR DEMIRCI became a director. NBB
- New establishment in Herk-de-Stad. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,943 loss in 2022 to € 28,662 loss in 2025.
Management
Behind HGS is BEKIR DEMIRCI. BEKIR DEMIRCI is also behind PRECISION MODELS, My Next Home and Otonova.
Directors
According to the 2025 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Steenweg 3 box 402
3540 Herk-de-Stad
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 74 companies are registered at this address.
All companies at this address →Rijks Aannemings- en Handelsbedrijf
€ 350,138 gross margin · 2025
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€ 296,089 gross margin · 2025
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€ 9.6 million revenue · 2025
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€ 5.7 million revenue · 2025
CUIJPERS BELGIE
€ 125,867 gross margin · 2025
+69 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0782.629.058
- VAT number
- BE 0782.629.058
- Registered office
- Steenweg 3 bus 402, 3540 Herk-de-Stad
- Names & denominations
- HGS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 2022
- Peppol
- Active · Active since 2 Sept 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Overige gespecialiseerde bouwactiviteiten, neg
Handel in eigen onroerend goed
Restaureren van bouwwerken