Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
HG Management from Kalmthout, company number BE0792698450, closed financial year 2024 with a result of € -39,325 after tax. For that financial year HG Management recorded a gross margin of € -38,196 and equity of € -20,278. Compared with financial year 2023, the result moved from € 16,047 to € -39,325. 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 August 8, 2025.
€ -20,278
▼ € 39,325 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -39,325
▼ still € 16,047 profit in 2023
Profit after tax over the fiscal year.
€ 2,876
▲ € 2,284 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -23,278.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 27,477
▼ 9% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 5,656
▼ 49% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 21,343 | € -38,196 | ▼ € 59,538 |
| Profit after taxes | € 16,047 | € -39,325 | ▼ € 55,373 |
| Equity | € 19,047 | € -20,278 | ▼ € 39,325 |
| Total debts | € 41,281 | € 37,368 | ▼ 9% |
| Cash | € 593 | € 2,876 | ▲ € 2,284 |
| Retained profit | € 16,047 | € -23,278 | ▼ € 39,325 |
| Balance sheet total | € 60,328 | € 17,089 | ▼ 72% |
Key figures of HG Management, fiscal years 2023 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 HG Management?
What happened at HG Management in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 39,325 (▼ € 55,373 vs 2023). filed late Source: NBB ↗
- New establishment in Kalmthout. KBO
- Frank Hermans became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 16,047 profit in 2023 to € 39,325 loss in 2024.
Paid € 4,288 in corporate taxes since 2023.
Best year ever: 2023, with € 16,047 profit.
A new publication or filing at HG Management? We notify you, reason included.
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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 HG Management is Frank Hermans. Frank Hermans is also behind House and Industrial Painting.
Directors
According to the 2024 annual accounts
since 2022
Establishments
Establishment units
Physical locations of this company
Meidoornlaan (Heide) 5
2920 Kalmthout
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
- 0792.698.450
- VAT number
- BE 0792.698.450
- Registered office
- Meidoornlaan (Heide) 5, 2920 Kalmthout
- Names & denominations
- HG Management
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 2022
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van hoofdkantoren
Overige zakelijke dienstverlening, neg
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering