BELHYPERION
ActiveBELHYPERION has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.43B and a net result of €166.07M. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 66% of 3169 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
73
/ 100
Healthy▲ +15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▲+12
Solvency100=
Growth85=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity ample (current ratio 3.51 against 3.63 in 2024), and 28.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.7%
Return on assets
8.3%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-05-2026, 84 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
84 d early
2024
71 d early
2023
65 d early
2022
31 d early
2021
11 d late
2020
19 d early
2019
14 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€2.20M▲ 1.8%
2024 · €2.16M
2018: €977k
2019: €1.20M
2023: €2.02M
2024: €2.16M
2018 → 2025
EBIT margin
-306.5%▼ 101.8pp
2024 · -204.8%
2018: -342.1%
2019: -220.4%
2023: -216.3%
2024: -204.8%
2018 → 2025
Net result
€166.07M▲ 186%
2024 · €58.03M
2018: €-37.20M
2019: €98.42M
2023: €123.50M
2024: €58.03M
2018 → 2025
Working capital
€1.42B▲ 12.4%
2024 · €1.26B
2018: €905.21M
2019: €1.00B
2023: €1.20B
2024: €1.26B
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202320242025Trend
Turnover€977k-€1.20M▲ 23.3%€2.02M▲ 68.2%€2.16M▲ 6.5%€2.20M▲ 1.8%
Equity€905.81M-€1.00B▲ 10.9%€1.20B▲ 19.9%€1.26B▲ 4.8%€1.43B▲ 13.2%
Operating result€-3.34M-€-2.65M▲ 20.6%€-4.38M▼ 65.0%€-4.41M▼ 0.8%€-6.73M▼ 52.5%
Net result€-37.20M-€98.42M€123.50M▲ 25.5%€58.03M▼ 53.0%€166.07M▲ 186%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6.73M in 2025 against €4.41M in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.99B
Fixed assets
€10.29M▲ 3,477%
Current assets
€1.98B▲ 13.8%
Equity and liabilities €1.99B
Equity
€1.43B▲ 13.2%
Debt
€563.96M▲ 17.6%
The debt ratio rises from 27.5% to 28.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€-6.62M▼
2024 · €-4.36M
Cash flow
€166.18M▲
2024 · €58.09M
Solvency
71.7%▼
2024 · 72.5%
Current ratio
3.51▼
2024 · 3.63
Quick ratio
3.51▼
2024 · 3.63
Debt / equity
0.39▲
2024 · 0.38
ROE
11.6%▲
2024 · 4.6%
ROA
8.3%▲
2024 · 3.3%
Interest coverage
-0.62▼
2024 · -0.28
Debt
€563.96M▲
2024 · €479.63M
Debt ≤ 1 year
€563.96M▲
2024 · €479.63M
Income taxes
€59.39M▲
2024 · €6.94M
Staff costs
€655k▲
2024 · €429k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.74B€1.99B▲
Formation expenses20€0€0=
Fixed assets21/28€288k€10.29M▲
Intangible fixed assets21€100k€149k▲
Tangible fixed assets22/27€188k€139k▼
Furniture and vehicles24€20k€23k▲
Other tangible fixed assets26€119k€116k▼
Assets under construction and advance payments27€48k-
Financial fixed assets28-€10.00M
Affiliated companies280/1-€10.00M
Participating interests280-€10.00M
Current assets29/58€1.74B€1.98B▲
Amounts receivable within one year40/41€124.56M€57.37M▼
Trade receivables40€3.07M€2.32M▼
Other amounts receivable41€121.49M€55.06M▼
Current investments50/53€1.60B€1.75B▲
Other investments51/53€1.60B€1.75B▲
Cash at bank and in hand54/58€20.27M€152.16M▲
Deferred charges and accrued income490/1€402k€19.40M▲
Equity and liabilities
Total equity and liabilities10/49€1.74B€1.99B▲
Equity10/15€1.26B€1.43B▲
Contributions10/11€621.31M€621.31M=
Capital10€613.93M€613.93M=
Issued capital100€613.93M€613.93M=
Outside capital11€7.38M€7.38M=
Share premium1100/10€7.38M€7.38M=
Reserves13€34.71M€43.02M▲
Non-distributable reserves130/1€34.71M€43.02M▲
Legal reserve130€34.71M€43.02M▲
Profit (loss) carried forward14€606.16M€763.93M▲
Amounts payable17/49€479.63M€563.96M▲
Amounts payable within one year42/48€479.63M€563.96M▲
Financial debts43€48.08M-
Credit institutions430/8€48.08M-
Trade debts44€7.88M€5.48M▼
Suppliers440/4€7.88M€5.48M▼
Taxes, remuneration and social security45€3.47M€7.04M▲
Taxes450/3€3.46M€6.97M▲
Remuneration and social security454/9€9k€66k▲
Other amounts payable47/48€420.20M€551.44M▲
Accrued charges and deferred income492/3-€7k
Income statement
Code20242025
Operating income70/76A€2.16M€2.21M▲
Turnover70€2.16M€2.20M▲
Other operating income74€5k€10k▲
Non-recurring operating income76A-€17
Operating charges60/66A€6.58M€8.94M▲
Services and other goods61€3.40M€5.30M▲
Remuneration, social security and pensions62€429k€655k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€107k▲
Other operating charges640/8€2.67M€2.88M▲
Non-recurring operating charges66A€8k-
Operating profit (loss)9901€-4.41M€-6.73M▼
Financial income75/76B€102.91M€293.33M▲
Recurring financial income75€102.91M€293.33M▲
Income from current assets751€63.36M€57.56M▼
Other financial income752/9€39.54M€235.77M▲
Financial charges65/66B€33.52M€61.14M▲
Recurring financial charges65€33.52M€61.14M▲
Debt charges650€15.73M€10.70M▼
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€-3.32M€-44.22M▼
Other financial charges652/9€21.11M€94.67M▲
Profit (loss) for the period before taxes9903€64.97M€225.46M▲
Income taxes67/77€6.94M€59.39M▲
Taxes670/3€9.05M€59.39M▲
Tax adjustments and reversals of tax provisions77€2.11M-
Profit (loss) for the period9904€58.03M€166.07M▲
Profit (loss) for the period to be appropriated9905€58.03M€166.07M▲
Appropriation of the result
Profit (loss) to be appropriated9906€609.06M€772.23M▲
Profit (loss) brought forward from the previous period14P€551.03M€606.16M▲
Transfer to equity691/2€2.90M€8.30M▲
To the legal reserve6920€2.90M€8.30M▲
Social balance
Average headcount (FTE)90875.16.7▲
The notes to these accounts (74 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €166.07M ▲186%
Net result €166.07M, the highest in the series.
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 11 days late
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €98.42M
Net result €98.42M after one loss-making year.
31-12
Financial
Equity above €1000MEq €1.00B ▲10.9%
Equity rises from €905.81M to €1.00B.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
16-12-2025
BTG Industries et Santé: Resigned as Managing director
11-10-2024
Ronan BLANCHARD: Resigned as Director
10-09-2019
Tristan Le Lous: Resigned as Director
10-09-2019
Tristan Le Lous: Resigned as Managing director
30-05-2018
Bernard Majoie: Resigned as Director
05-04-2017
Christian Arend: Resigned as Director
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ruisbroeksesteenweg 761180 UkkelGround area
2,345 m²
Building footprint
748 m²
Volume, LiDAR
10,917 m³
Parcel 21616G0001/00G000, Brussels · tallest building 18.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Belhyperion
since 20092.185.298.548
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0001/00G000 | Brussels | 2,345 m² | 1 · 748 m² | 18.5 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
894500GYCGZIJHKL8113
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Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 90 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-12-2006
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64999Other financial services
65236
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.