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 2 of the last 2 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 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HM25 from Ukkel, company number BE1015110542, closed financial year 2025 with a result of € -23,472 after tax. For that financial year HM25 recorded a gross margin of € 672,393 and equity of € -42,082. Compared with financial year 2024, the result moved from € -23,611 to € -23,472. 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 26, 2026.
€ -42,082
▼ € 18,472 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,472
▲ 1 % less loss than in 2024
Profit after tax over the fiscal year.
€ 256,587
▲ € 227,864 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -47,082.
People and assets in 2025
15.9
Average over the fiscal year, from the social balance sheet.
€ 519,240
€ 32,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 35,404
▲ € 34,539 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 606,611
€ 97,458 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 189,730
▲ € 143,709 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 214,841
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -11,740 | € 672,393 | ▲ € 684,134 |
| Profit after taxes | € -23,611 | € -23,472 | ▲ € 139 |
| Equity | € -23,611 | € -42,082 | ▼ € 18,472 |
| Total debts | € 336,359 | € 1,414,620 | ▲ € 1.1 million |
| Cash | € 28,723 | € 256,587 | ▲ € 227,864 |
| Retained profit | € -23,611 | € -47,082 | ▼ € 23,472 |
| Bank debt | € 0 | € 606,611 | |
| Balance sheet total | € 312,748 | € 1,372,537 | ▲ € 1.1 million |
| Employees (FTE) | - | 15.9 |
Key figures of HM25, fiscal years 2024 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 HM25?
What happened at HM25 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 23,472. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- 90 FOLIES became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 23,611 loss in 2024 to € 23,472 loss in 2025.
On average € 42,300 of value added per employee in 2025.
A new publication or filing at HM25? 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
The stake of 90 FOLIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HM25Behind HM25 is 90 FOLIES. The shares are held by 90 FOLIES (100%).
Establishments
Establishment units
Physical locations of this company
Waterloosesteenweg 1348
1180 Ukkel
Henri Mausstraat 25
1000 Brussel
Active since 15 October 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →FC21 same network
€ 678,267 gross margin · 2025
RA24 same network
€ -37,234 gross margin · 2025
EVENTS EXPERIENCES
€ 3,922 gross margin · 2025
90 FOLIES same network
€ 149,851 gross margin · 2025
CONFIDENTIEL MD
€ -36,623 gross margin · 2025
+1 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
- 1015.110.542
- VAT number
- BE 1015.110.542
- Registered office
- Waterloosesteenweg 1348, 1180 Ukkel
- Names & denominations
- HM25
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 2024
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening
Catering van evenementen