HQ38 SA
HQ38 reported revenue of 199,861 € for the 2025 financial year (annual accounts filed with the NBB on 23 Jul 2026).
The score of HQ38 shows with a free account.
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- Balance sheet strength
- Liquidity
- Repayment capacity
- Profitability
- Trajectory
- Compliance and register
- Position in its sectorvs peers
- Supplier creditat 30 d
- Borrowing capacityborrowable
- Valuationcentral
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Key figures 2025
Change 2022 → 2025: Revenue -99 % Equity -44 % Total assets -65 %
Accounts of the company itself (not consolidated).
The full file covers 11 financial years; a free account shows 2. →Deterministic calculation on the filed accounts, no AI. Dispute the score or report an error
HQ38's annual accounts
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | 199,861 € | ||||
| Net result | 248,372 € | ||||
| Equity | €1.30m | ||||
| Cash | 0 € | ||||
| EBITDA | 282,887 € | ||||
| Total assets | €3.06m |
Filed annual accounts
- Year ended 31 Dec 2025filed on 23 Jul 2026
- Year ended 31 Dec 2024filed on 27 Aug 2025
- Year ended 31 Dec 2023filed on 17 Jun 2024
- Year ended 31 Dec 2022filed on 09 Jun 2023
- Year ended 31 Dec 2021filed on 07 Jun 2022
HQ38's financial analysis
- Solvency42.7%sector median: 46.6%
- Current ratio
- Net margin
- ROE
- Financial debt / EBITDA
- Interest coverage
- Days sales outstanding (DSO)
Management and control of HQ38
HQ38's publications in the Belgian Gazette
Company number, VAT number and registered office
- Company number (CBE)
- 0432.741.843
- VAT number
- BE0432741843
- Peppol
- Registered · 0208:0432741843 · as of 10 Nov 2026
- Legal form
- SA
- Incorporated
- 10 Nov 1987
- Registered office
- 3500 Hasselt
- Latest accounts
- 2025 · filed on 23 Jul 2026
- Activity
- Activities of advertising agencies (NACE 73110)
HQ38 (SA) has been based in Hasselt since 1987, active in: activities of advertising agencies. For 2025, it reports revenue of 199,861 €, a net profit of 248,372 € and equity of €1.30m. Its solvency stands at 42.7%, below the median of its sector (46.6%).
Guide: Reading Belgian SME accounts: the five figures that count →
Companies similar to HQ38
Companies in the same business, of comparable size and area, outside its group.
- SMG Activities of advertising agencies Aalst · balance sheet €3.22m
- MediaNot Activities of advertising agencies Leuven · balance sheet €2.88m
- Calitex Activities of advertising agencies Roosdaal · balance sheet €3.29m
- G-Groep Activities of advertising agencies Hamme (Vl.) · balance sheet €3.31m
- Pubmarket Activities of advertising agencies Hasselt · balance sheet €2.73m
- Field & Concept Activities of advertising agencies Woluwe-Saint-Lambert · balance sheet €2.69m
- SIMA vastgoed Activities of advertising agencies Hasselt · balance sheet €3.57m
- Berlin Activities of advertising agencies Antwerp · balance sheet €2.57m
Frequently asked questions about HQ38
What is the revenue of HQ38?
According to the 2025 annual accounts filed with the NBB, the revenue of HQ38 amounts to 199,861 €.
What is the VAT number of HQ38?
In Belgium, the VAT number is the company number prefixed with BE: BE0432741843 for HQ38, if the company is VAT-registered. Its company number (CBE) is 0432.741.843.
Where is the registered office of HQ38?
According to the CBE register, the registered office of HQ38 is in 3500 Hasselt.
What is the equity of HQ38?
At the close of the 2025 financial year, the equity of HQ38 amounts to 1,304,493 €, a solvency of 42.7% of total assets.
Who manages HQ38?
The register lists 7 active mandates at HQ38. Names and roles are in the full file, with the deeds published in the Belgian Gazette.
The full file of HQ38
Directors and mandates, ownership network, Gazette deeds, ten years of accounts and ratios, Excel export, and Idonis's analysis in one question.
Open the full file →