Turnover
The micro format states no turnover.
The micro format states no turnover.
The 2025 accounts came latest: 26 days after the end of the period.
Less equity than 80% of companies in computer programming and consultancy. Sector median €69,090 · 21,192 companies.
The dashed line is the sector median: 0.1% across 25,925 companies (NACE 62, micro).
Fewer than 1 in 1,000 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 62, micro). It does better than 48% of them on solvency, 22% on liquidity, 21% on profitability and 56% on growth.
The bankruptcy probability was computed on 06-11-2026 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 very low class on 30-06-2025, 0.1% 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, 2,546 companies had the same profile as HASHTECH has now. Each dot stands for 7 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of HASHTECH itself is lower: 0.1% within 12 months. It rests on far more data about HASHTECH than the profile alone.
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 2,546 companies, not a prediction for HASHTECH. 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 ample, with a current ratio of 2.12 (1.68 in 2024), above the usual 1.5. Short-term debt is 44.8% and cash 14.5% of total assets. 44.8% of the assets are financed with debt and provisions.
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 4 accounts on average 15 days after 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.
| Company | ||||
|---|---|---|---|---|
| HASHTECH Jurbise | €26,334 | €4,977 | 55.2% | - |
| LEBTEC Kortrijk | €31,044 | €4,302 | 43.6% | - |
| METI-CONCEPT La Louvière | €34,458 | €5,798 | -0.6% | - |
| DA Consult Heist-op-den-Berg | €28,800 | €3,896 | 57.4% | - |
| REALITIC Perwez | €29,598 | €6,387 | 70.8% | - |
| KANLI Halle | €32,466 | €4,180 | 63.3% | - |
| KEVIN MONSIEUR SOCIETE Fernelmont | €34,234 | €5,203 | 75.5% | - |
These companies have the same main activity as HASHTECH: computer programming (NACE 62100). They are comparable in size and age: total assets between €28,800 and €34,500, founded between 2021 and 2023.
HASHTECH files the micro format. That format states no turnover. The gross margin fell from €8,428 in 2022 to €4,977 in 2025.
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 ≈ €27,000. Estimated: probably between €14,000 and €52,000.
Higher than 46% of 21,186 companies in 2025.
Higher than 45% of 20,549 companies in 2025.
Higher than 26% of 20,725 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
26,334 | 28,148 | 16,775 | 12,852 | |
21/28 |
1,354 | 3,016 | 2,721 | - | |
22/27 |
1,354 | 3,016 | 2,721 | - | |
23 |
591 | 1,656 | 2,721 | - | |
24 |
763 | 1,360 | - | - | |
29/58 |
24,980 | 25,131 | 14,054 | 12,852 | |
40/41 |
20,928 | 548 | 12,329 | 12,050 | |
40 |
20,928 | 548 | 11,272 | 11,909 | |
41 |
- | 0 | 1,057 | 141 | |
54/58 |
3,826 | 22,493 | 1,724 | 801 | |
490/1 |
226 | 2,091 | - | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
26,334 | 28,148 | 16,775 | 12,852 | |
10/15 |
14,524 | 13,209 | 10,222 | 8,398 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | |
14 |
12,524 | 11,209 | 8,222 | 6,398 | |
17/49 |
11,810 | 14,939 | 6,553 | 4,454 | |
42/48 |
11,810 | 14,939 | 6,553 | 4,454 | |
44 |
500 | 122 | 364 | 348 | |
440/4 |
500 | 122 | 364 | 348 | |
45 |
6,707 | 5,966 | 2,382 | 3,666 | |
450/3 |
6,707 | 5,966 | 2,382 | 3,666 | |
47/48 |
4,603 | 8,852 | 3,807 | 440 | |
| Income statement | |||||
9900 |
4,977 | 6,337 | 3,251 | 8,428 | |
630 |
1,662 | 1,496 | 475 | - | |
640/8 |
546 | 138 | 171 | 430 | |
9901 |
2,768 | 4,703 | 2,606 | 7,998 | |
75/76B |
0 | 10 | - | - | |
75 |
0 | 10 | - | - | |
9903 |
2,768 | 4,713 | 2,606 | 7,998 | |
67/77 |
1,453 | 1,726 | 782 | 1,600 | |
9904 |
1,316 | 2,987 | 1,823 | 6,398 | |
9905 |
1,316 | 2,987 | 1,823 | 6,398 | |
| Appropriation of the result | |||||
9906 |
12,524 | 11,209 | 8,222 | 6,398 | |
14P |
11,209 | 8,222 | 6,398 | - | |
| Document | |||||
The notes to these accounts have 8 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 26-08-2026.
2025 annual accounts filed 26 days after the deadline. Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00427322.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 4,431 | 6,198 | 3,080 | - | ||
| 2,978 | 4,483 | 2,298 | - | ||
| 0 | 1,791 | 3,196 | - | ||
| -18,666 | 20,769 | 923 | - | ||
| 13,170 | 10,192 | 7,500 | 8,398 | ||
| 55.2% | 46.9% | 60.9% | 65.3% | ||
| 2.12 | 1.68 | 2.14 | 2.89 | ||
| 0.81 | 1.13 | 0.64 | 0.53 | ||
| 9.1% | 22.6% | 17.8% | 76.2% | ||
| 5.0% | 10.6% | 10.9% | 49.8% |
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 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €1,791 | €3,196 | - |
| Financial fixed assets | €0 | - | - | - |
| €1,662 | €1,496 | €475 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 41% lower than in 2024.
Debt's share of the balance-sheet total falls from 53.1% to 44.8%. Equity is higher and debt is lower.
HASHTECH has no parent and no holdings in its annual accounts. Huygens Adrien is the only director.
The connected companies are in the list below.
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
HASHTECH was incorporated on 28 November 2022 as a private limited company by one natural person, with a starting capital of €2,000.12 Huygens Adrien is director of the company, appointed by deed of 30-11-2022.2 Total assets rose from €12,852 in 2022 to €26,334 in 2025.3
| Establishment | Since | Unit number |
|---|---|---|
| Clos du Moustier 16 registered office 7050 Jurbise | 28-11-2022 | 2.338.864.394 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 53044A0074/00V000 | 570 m² | 1 · 139 m² | 4.7 m · 1 |
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