Equity
-€68,867
Debts exceed assets in financial year 2025.
Hacktrick
Overview
Lifetime
2 annual accounts with figures on one time axispeak -€27,402 (2024)
-€36,371▼ €8,970
lowest -€43,085 (2025)
-€43,085▼ €12,303
peak -€25,782 (2024)
-€68,867▼ €43,085
€69,459▲ 141%
Board1 name since 2023
1 directorMONZON VILLEGAS Henry
Documentsfilings and deeds
06-07-202625 days before the deadline
2025micro format
Gross margin from -€27,402 to -€36,371Loss of €43,085Registered office moved from Waregem to Oostkamp 20-03Equity from -€25,782 to -€68,867Debts from €28,794 to €69,459Cash from €3 to €4
Key points
from the 2025 annual accountsLosses
-€73,867 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Position in the sector
-11622.5%
Lower solvency than 95% of companies in computer programming and consultancy. Sector median 60.0% · 21,206 companies.
Turnover not published (micro format)
Checked score
52
Fair
Financially stronger than 3% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%lowest value
01-2025: 0.5%▲ +0.1 percentage points vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 1.0%▲ +0.5 percentage points vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.1%▲ +0.1 percentage points vs 05-2025
07-2025: 1.1%● unchanged vs 06-2025
08-2025: 1.1%● unchanged vs 07-2025
09-2025: 1.6%▲ +0.5 percentage points vs 08-2025
10-2025: 1.6%● unchanged vs 09-2025highest value
11-2025: 1.6%● unchanged vs 10-2025highest value
12-2025: 1.6%● unchanged vs 11-2025highest value
01-2026: 1.6%● unchanged vs 12-2025highest value
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 1.6%● unchanged vs 03-2026
05-2026: 1.5%▼ -0.1 percentage points vs 04-2026
06-2026: 1.5%● unchanged vs 05-2026
07-2026: 1.6%▲ +0.1 percentage points vs 06-2026
08-2026: 1.4%▼ -0.2 percentage points vs 07-2026
09-2026: 1.4%● unchanged vs 08-2026
10-2026: 1.4%● unchanged vs 09-2026
11-2026: 1.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
1 change of registered office in 24 months
Negative equity -€68,867
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €593
Calculation
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 62, micro). It does better than 3% of them on solvency, 1% on liquidity, 5% on profitability and 2% 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).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as Hacktrick has now. Each dot stands for 20 companies, two years later.
84.8%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Hacktrick itself is lower: 1.4% within 12 months. It rests on far more data about Hacktrick than the profile alone.
Test of the method
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 7,639 companies, not a prediction for Hacktrick. 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.
Credit verdict
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
Credit check for an amount and term of your choice
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.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€68,867
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 06-07-2026, 25 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
25 days early
2024
11 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 7 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Waregem to Oostkamp
New registered office: Kapellestraat 138 Bus 0-02, 8020 Oostkamp · Previous registered office: Stormestraat 7 bus 41, 8790 Waregem, België · Board meeting of 24-01-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0802890675
Incorporation
Founding capital of €5,000, 3,000 shares · Founder: MONZON VILLEGAS Henry · Appointment: MONZON VILLEGAS Henry (sole director) · published on 21-06-2023 · Gazette deed
First establishment
Neurolitix, Kapellestraat 138, Oostkamp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Hacktrick Oostkamp | €593 | -€36,371 | -11622.5% | - |
| HRMNS Maasmechelen | €615 | -€8,586 | -190.8% | - |
| Caelum Mouscron | €492 | -€26,675 | -6404.2% | - |
| PodaLink Genk | €745 | €304 | -1652.2% | - |
| ALGORILA Brussels | €729 | -€980 | 70.9% | - |
| Marnic Bex Software Testing Herent | €458 | -€4,195 | -280.7% | - |
| Iris Devlieger Consultancy Maldegem | €770 | -€237 | -45.8% | - |
These companies have the same main activity as Hacktrick: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €458 and €770, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 19-06-2023Normal situation
- Registered office
- 71 active companies are registered at this address4 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.349.131.9448020 Oostkamp, since 19-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 05-07-2023
Annual accounts 2025
- -€36,371▼ 32.7%
- €43,085▲ 40.0%
- -€68,867▼ 167%
- €593▼ 80.3%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on Hacktrick
Hacktrick has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€68,867) and a net result of -€43,085.
Its solvency ranks better than 5% of 21,206 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 06-07-2026, 25 days before the deadline-€36,371
▼ €8,970
-€38,018
▼ €10,131
-€43,085
▼ €12,303
-€68,867
▼ €43,085
-
-
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €593 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
593 | 3,012 | |
29/58 |
593 | 3,012 | |
40/41 |
588 | 1,799 | |
41 |
588 | 1,799 | |
54/58 |
4 | 3 | |
490/1 |
- | 1,211 | |
| Balance sheet: equity and liabilities | |||
10/49 |
593 | 3,012 | |
10/15 |
-68,867 | -25,782 | |
10/11 |
5,000 | 5,000 | |
14 |
-73,867 | -30,782 | |
17/49 |
69,459 | 28,794 | |
42/48 |
69,459 | 28,794 | |
44 |
4,664 | 6,131 | |
440/4 |
4,664 | 6,131 | |
45 |
434 | 713 | |
450/3 |
434 | 713 | |
47/48 |
64,361 | 21,950 | |
| Income statement | |||
9900 |
-36,371 | -27,402 | |
640/8 |
1,647 | 485 | |
9901 |
-38,018 | -27,887 | |
75/76B |
- | 1 | |
75 |
- | 1 | |
65/66B |
4,816 | 2,714 | |
65 |
4,816 | 2,714 | |
9903 |
-42,833 | -30,599 | |
67/77 |
252 | 182 | |
9904 |
-43,085 | -30,782 | |
9905 |
-43,085 | -30,782 | |
| Appropriation of the result | |||
9906 |
-73,867 | -30,782 | |
14P |
-30,782 | - | |
| Document | |||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 06-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 1 | - | ||
| -68,867 | -25,782 |
The ratios are withheld because a balance sheet total of €593 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.
Insights on Hacktrick
The operating result for 2025 is a loss of €38,018, larger than the loss of €27,887 in 2024.
Equity is negative. Debt (€69,459) exceeds the balance-sheet total (€593).
Board & ownership
Board
1 director, since incorporationSole director (not named in the articles)
appointed by deed of 21-06-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 06-07-2026
Mandates through the years
1 name, the dashed line is todayMONZON VILLEGAS Henry
Sole director (not named in the articles)
Sole director (not named in the articles)
Board
Mandates as a list
- MONZON VILLEGAS Henry
- Sole director (not named in the articles), from 19-06-2023 to date
Control
Capital
- Contribution
- €5,000
- Shares
- 3,000
- Contribution per share
- €1.67
- Equity per share
- -€22.96 in 2025
- Source
- deed of 21-06-2023
Articles of association
deed of 21-06-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 directorAt least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 20:00
Founder
At incorporation
deed of 21-06-2023 ↗
- MONZON VILLEGAS Henry sole founder · 100% at incorporation
Network & group
No group
Hacktrick has no parent and no holdings in its annual accounts. MONZON VILLEGAS Henry is the only director. Hacktrick shares no director with another company.
At the same address
Kapellestraat 138, 8020 Oostkamp · 70 other companies| GLOBALINDUS
establishment since 03-06-2021 · founded in 2006 |
turnover €6.4m (2025) 0879.020.730 |
| FIJA
establishment since 01-01-2022 · founded in 1987 |
4.8 FTE (2025) 0430.995.645 |
| VOKA - Kamer van Koophandel West-Vlaanderen
establishment since 01-09-2021 · founded in 1986 |
54 FTE (2025) 0430.492.334 |
| DECONTEX HOLDING
establishment since 01-04-2023 · founded in 2016 |
total assets €7.9m (2025) 0647.866.166 |
| SJ Investments
registered office since 08-11-2005 · founded in 2005 |
total assets €6.1m (2025) 0876.302.750 |
| SJ Luxury
registered office since 01-12-2017 · founded in 2017 · negative equity (2025) |
total assets €5.4m (2025) 0685.523.051 |
| IM GEARS EUROPE
establishment since 18-11-2013 · founded in 2013 |
2.9 FTE (2025) 0541.927.815 |
| TRIDES HOLDING
registered office since 22-02-2007 · founded in 2007 · accounts filed late |
total assets €3.2m (2024) 0886.758.162 |
| BLYOTT
registered office since 03-01-2017 · founded in 2017 |
total assets €2.4m (2024) 0668.692.759 |
| SONICAL REAL ESTATE
registered office since 02-11-2021 · founded in 2021 |
total assets €1.4m (2025) 0776.731.953 |
Timeline
Timeline
6 events since 2023Filings
Establishments
Address
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 25 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 11 days late
Registered office moved from Waregem to OostkampNew registered office: Kapellestraat 138 Bus 0-02, 8020 Oostkamp · Previous registered office: Stormestraat 7 bus 41, 8790 Waregem, België · Board meeting of 24-01-20252 points ▸
- Board meeting, 24-01-2025
- Registered-office move, Kapellestraat 138 Bus 0-02, 8020 Oostkamp
2023
Registered in the Peppol Directory Reachable for e-invoices through 0208:0802890675
IncorporationFounding capital of €5,000, 3,000 shares · Founder: MONZON VILLEGAS Henry · Appointment: MONZON VILLEGAS Henry (sole director) · published on 21-06-20233 points ▸
- Director appointment, MONZON VILLEGAS Henry (sole director (not named in the articles))
- Founder, MONZON VILLEGAS Henry
- Founding capital, €5,000, 3,000 shares
- The deed holds 3 more points.
First establishment Neurolitix, Kapellestraat 138, Oostkamp
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Hacktrick was incorporated on 19 June 2023 as a private limited company by one natural person, with a starting capital of €5,000.12 The registered office was moved to Oostkamp in 2025.3 MONZON VILLEGAS Henry is sole director of the company, appointed by deed of 21-06-2023.2
Company details
Identity
- Enterprise number
- 0802.890.675
- VAT number
- BE 0802.890.675
- Peppol ID
- 0208:0802890675
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 19-06-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 20:00deed of 21-06-2023 (in Dutch)
- Peppol
- Reachable since 05-07-2023Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Hacktrick in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 21-06-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”“Stormestraat 7 bus 41, 8790 Waregem”deed of 21-06-2023 (in Dutch)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020
IT consultancy main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “1/ Het leveren van diensten in verband met cybersecurity,ethical hacking,security assessment,forensics,incident response; 2/ Het leveren van…”deed of 21-06-2023 (in Dutch)
13 activities
- 1/ Het leveren van diensten in verband met cybersecurity,ethical hacking,security assessment,forensics,incident response;
- 2/ Het leveren van diensten in verband met computerconsultancy,softwaredevelopment,projectmanagement; het ontwikkelen van,het verkopen van,het in licentie geven van,het onderhouden van software,en alle mogelijke diensten en handel met betrekking tot alle software;
- 3/ De organisatie en coördinatie van seminaries,opleidingen,voordrachten,workshops,events,beurzen,tentoonstellingen,vernissages,evenementen en manifestaties;
- 4/ Het leveren,installeren,configureren van hardware en het onderhouden van computerconfiguraties en alle mogelijke diensten en handel met betrekking tot alle hardware;
- 5/ Het leveren van diensten in deze en andere sectoren zoals het verlenen van advies en leiding aan bedrijven,privépersonen en instellingen,voornamelijk doch niet uitsluitend op het vlak van management,organisatie,engineering,consulting,coaching,franchising,productie en ontwikkeling,processing,aankoop,sales,marketing,administratie,alsook het ter beschikking stellen en het huren en verhuren van personeel hiervoor,dit alles in de meest ruime betekenis.
- 6/ De verwerving en uitbating van brevetten,octrooien en concessies.
- 7/ Het bevorderen van de oprichting van ondernemingen. Het samenwerken met of het rechtstreekse of onrechtstreeks participeren in alle mogelijke vennootschappen,ondernemingen,beroepsverenigingen of groeperingen,zowel industriële of financiële,roerende of onroerende vennootschappen,bestaande of nog op te richten,zowel in België als in het buitenland,en dit hetzij door deelneming,inbreng of elke andere wijze.
- 8/ Het toestaan van leningen en kredietopeningen aan ondernemingen en particulieren. In dit kader kan zij zich borgstellen of haar aval verlenen,en in de meest ruime zin,alle handels- en financiële operaties verrichten behalve deze die wettelijk voorbehouden zijn aan welbepaalde instellingen.
- 9/ De handel in al zijn vormen in om het even welke goederen,de fabricage van alle mogelijke producten,en de levering van alle mogelijke diensten. Het verrichten,zowel in België als in het buitenland,van alle commerciële,industriële,financiële,roerende en onroerende verrichtingen. Het verwerven,huren,verhuren,doen bouwen,fabriceren of oprichten van om het even welke goederen en dit zowel voor eigen rekening als voor rekening van derden.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen,alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,het aankopen,verkopen,ruilen,verhuren,huren,prospecteren en uitbaten van onroerende goederen of rechten in onroerende goederen,de aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen;
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend financieel patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,fondsen of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen;
- De vennootschap kan overgaan tot de aankoop,het huren en/of leasen van alle apparatuur en begeleidende accommodaties,inclusief gebouwen (en ook de constructie van gebouwen),kortom een volledige materiele infrastructuur om deze ter beschikking te stellen van de bestuurders.
- Het aangaan en verstrekken van leningen,kredieten,financieringen en het aangaan van leasingcontracten,in het kader van de bovenvermelde activiteiten.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Neurolitix registered office Kapellestraat 138, 8020 Oostkamp | 19-06-2023 | 2.349.131.944 |
1 former office
- Stormestraat 7 bus 41, 8790 Waregem until 01-10-2024 · deed of 20-03-2025
Buildings and parcels at the address
- Ground area
- 2.7 ha
- Buildings
- 3,207 m²
- Volume, LiDAR
- 40,404 m³
- Tallest building
- 25.7 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31022I0695/00C000 | 2.7 ha | 1 · 3,207 m² | 25.7 m · 5 |