Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The micro format states no turnover.
Green is investment, beige is depreciation.
The 2023 accounts came 26 days late. The other two were filed on time.
Negative equity caps the score at 59.
The dashed line is the sector median: 0.6% across 40,271 companies (NACE 47, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 19% of them on solvency, 24% on liquidity, 59% on profitability and 92% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 516 companies had the same profile as H.I.E SERVICES has now. Each dot stands for 2 companies, two years later.
Another 1.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of H.I.E SERVICES itself: 1.3% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 516 companies, not a prediction for H.I.E SERVICES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.71 (0.91 in 2024), below 1. Short-term debt is 100.2% and cash 21.4% of total assets. Equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 3 accounts on average 5 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| H.I.E SERVICES Evere | €35,096 | €5,524 | -0.2% | - |
| RC-TINT Asse | €26,189 | €7,560 | 8.4% | - |
| GJVe Brussels | €44,781 | €10,351 | 22.8% | - |
| AUTOS KA Wemmel | €28,831 | €9,574 | -86.5% | - |
| TTC RA Kraainem | €26,961 | €3,332 | 74.0% | - |
| NEW MEMBER PARTS Halle | €44,582 | €6,970 | 3.6% | - |
| GRIFFIN EXCLUSIVE Ronse | €33,344 | €12,605 | 42.4% | - |
These companies have the same main activity as H.I.E SERVICES: retail sale of motor vehicle parts and accessories (NACE 47820). They are comparable in size and age: total assets between €26,200 and €44,800, founded between 2021 and 2024.
H.I.E SERVICES has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€83) and a net result of €1,467.
Equity has been shrinking by about 11% per year since 2023. Its solvency ranks better than 22% of 22,917 sector peers (NACE 47, financial year 2025).
The computed 12-month bankruptcy probability is 1.3% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €89,000. Estimated: probably between €40,000 and €220,000.
Higher than 22% of 22,917 companies in 2025.
Higher than 20% of 22,047 companies in 2025.
Higher than 52% of 22,197 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
35,096 | 16,096 | |
21/28 |
10,069 | - | |
22/27 |
10,069 | - | |
24 |
10,069 | - | |
29/58 |
25,026 | 16,096 | |
3 |
4,200 | 600 | |
30/36 |
4,200 | 600 | |
40/41 |
13,322 | 5,010 | |
40 |
13,322 | 5,010 | |
54/58 |
7,504 | 10,204 | |
490/1 |
- | 282 | |
| Balance sheet: equity and liabilities | |||
10/49 |
35,096 | 16,096 | |
10/15 |
-83 | -1,550 | |
14 |
-83 | -1,550 | |
17/49 |
35,178 | 17,645 | |
42/48 |
35,178 | 17,645 | |
44 |
714 | 9,435 | |
440/4 |
714 | 9,435 | |
46 |
16,120 | - | |
45 |
3,606 | 4,013 | |
450/3 |
3,606 | 2,813 | |
454/9 |
- | 1,200 | |
47/48 |
14,738 | 4,197 | |
| Income statement | |||
9900 |
5,524 | -1,261 | |
630 |
2,431 | - | |
640/8 |
1,485 | 175 | |
9901 |
1,608 | -1,436 | |
75/76B |
10 | 0 | |
76B |
10 | 0 | |
65/66B |
152 | 49 | |
66B |
152 | 49 | |
9903 |
1,467 | -1,486 | |
9904 |
1,467 | -1,486 | |
9905 |
1,467 | -1,486 | |
| Appropriation of the result | |||
9906 |
-83 | -1,550 | |
14P |
-1,550 | -64 | |
| Document | |||
The accounts for financial year 2023 were filed as a document without figures as data, a scan for example.
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 21-07-2026.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 4,039 | - | ||
| 3,898 | - | ||
| 12,500 | - | ||
| -2,700 | - | ||
| -10,152 | -1,550 | ||
| -0.2% | -9.6% | ||
| 0.71 | 0.91 | ||
| 0.59 | 0.88 | ||
| 4.2% | -9.2% | ||
| 26.60 | - |
The equity ratios are withheld because equity of -€83 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €12,500 | - | - |
| €2,431 | - | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €1,608, after a loss of €1,436 in 2024.
Equity is negative. Debt (€35,178) exceeds the balance-sheet total (€35,096).
H.I.E SERVICES has no parent and no holdings in its annual accounts. HAJRIZAJ Liridon is the only director.
| SP.CORP
registered office since 24-01-2012 · founded in 2012 · accounts filed late |
total assets €13.0m (2021) 0843.017.595 |
| NBS DELIVERY
registered office since 17-03-2022 · founded in 2022 |
108 FTE (2025) 0783.510.768 |
| EURONET CONSULTING
registered office since 17-03-1992 · founded in 1992 · accounts filed late |
4.4 FTE (2019) 0446.840.101 |
| BOSS CONTAINER
registered office since 17-05-2016 · founded in 2016 |
4 FTE (2025) 0654.770.586 |
| E&D PARTNERS
establishment since 27-09-2023 · founded in 2021 |
total assets €974,138 (2025) 0770.614.520 |
| AUTOS SELECTIONS
registered office since 21-12-2018 · founded in 2018 · accounts filed late |
turnover €910,286 (2024) 0716.768.137 |
| AURA METALS
registered office since 02-06-2023 · founded in 2023 |
total assets €786,153 (2025) 0802.360.541 |
| TRANS EXPRESS
registered office since 11-01-2018 · founded in 2018 |
turnover €693,399 (2025) 0687.798.690 |
| MK-BAT
registered office since 01-10-1991 · founded in 1991 · accounts filed late |
total assets €662,640 (2024) 0445.334.324 |
| Nekkach
registered office since 02-06-2010 · founded in 2010 · accounts filed late |
total assets €659,305 (2024) 0826.358.242 |
| B.I.E. PRESTIGE via EL HIHI Hasnaa, at H.I.E SERVICES until 2024 · Director · deed of 20-01-2021 No longer active |
The network starts from the earlier ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 14 November 2022, H.I.E SERVICES was incorporated as a private limited company by two natural persons, with a starting capital of €1,000.12 In 2024 the registered office moved to Evere.3 HAJRIZAJ Liridon is director of the company, appointed by deed of 16-07-2024.3
| Establishment | Since | Unit number |
|---|---|---|
| Goede Herderstraat 54 registered office 1140 Evere | ||
| Floréal 10 9600 Ronse | 14-11-2022 | 2.337.743.550 |
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21006A0199/00T007 | Brussels | 8,547 m² | 1 · 735 m² | 22.9 m · 7 |
| 45422D1219/00H002 | Flanders | 373 m² | 1 · 182 m² | 2.1 m |
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