Debts
€38,345 78% of the balance sheet
Suppliers 83%Taxes and wages 17%
HBtec
Lifetime
3 annual accounts with figures on one time axispeak €14,463 (2025)
€14,463▲ 557%
lowest -€3,992 (2023)
€10,253▲ 518%
peak €10,919 (2025)
€10,919▲ 16×
€38,345▼ 29.7%
Board1 name since 2022
1 directorHACHEMI Yazid
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €2,200 to €14,463Result from €1,658 to €10,253Equity from €667 to €10,919Debts from €54,556 to €38,345Cash from €572 to €6,072
Key points
from the 2025 annual accountsFilings
3 annual accounts 2 late
The 2024 accounts came latest: 134 days after the end of the period.
Position in the sector
€10,919
Less equity than 82% of companies in specialised construction. Sector median €57,691 · 35,148 companies.
Checked score
53
Fair
Financially stronger than 53% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.0%
01-2025: 3.9%▼ -0.1 percentage points vs 12-2024
02-2025: 3.9%● unchanged vs 01-2025
03-2025: 4.0%▲ +0.1 percentage points vs 02-2025
04-2025: 4.0%● unchanged vs 03-2025
05-2025: 4.0%● unchanged vs 04-2025
06-2025: 4.0%● unchanged vs 05-2025
07-2025: 4.1%▲ +0.1 percentage points vs 06-2025
08-2025: 4.6%▲ +0.5 percentage points vs 07-2025
09-2025: 4.8%▲ +0.2 percentage points vs 08-2025
10-2025: 5.8%▲ +1.0 percentage point vs 09-2025
11-2025: 6.0%▲ +0.2 percentage points vs 10-2025
12-2025: 7.1%▲ +1.1 percentage points vs 11-2025highest value
01-2026: 5.6%▼ -1.5 percentage points vs 12-2025
02-2026: 5.6%● unchanged vs 01-2026
03-2026: 5.7%▲ +0.1 percentage points vs 02-2026
04-2026: 5.4%▼ -0.3 percentage points vs 03-2026
05-2026: 5.4%● unchanged vs 04-2026
06-2026: 5.3%▼ -0.1 percentage points vs 05-2026
07-2026: 5.2%▼ -0.1 percentage points vs 06-2026
08-2026: 2.3%▼ -2.9 percentage points vs 07-2026lowest value
09-2026: 2.3%● unchanged vs 08-2026lowest value
10-2026: 2.3%● unchanged vs 09-2026lowest value
11-2026: 2.3%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Founded in 2022
2 of the last 3 accounts late
Size: total assets €49,264
Equity €10,919 (22.2% of total assets)
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 43, micro). It does better than 24% of them on solvency, 13% on liquidity, 75% on profitability and 99% on growth.
The bankruptcy probability was computed on 10-11-2026 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 moderate class on 30-06-2025, 2.4% 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, 7,976 companies had the same profile as HBtec has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HBtec itself: 2.3% within 12 months.
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 7,976 companies, not a prediction for HBtec. 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
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.19 (0.95 in 2024), below the usual 1.5. Short-term debt is 77.8% and cash 12.3% of total assets. 77.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 35136 sector peers (2025).
NBB · sector comparisonPosition among 35136 sector peers
Solvency
better than 24%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
on the day
2024
134 days late
2023
54 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 63 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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. The company usually files around 24 September (3 of the last 3 accounts filed within 79 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0789745888
First establishment
HBwindoors, Koningin Astridplein 5, Lebbeke
Incorporation
Founding capital of €3,000, 100 shares · Founder: HACHEMI Yazid · Appointment: HACHEMI Yazid (statutory director) · published on 22-08-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HBtec Lebbeke | €49,264 | €14,463 | 22.2% | - |
| Stroum Gavere | €43,547 | €14,128 | 34.2% | - |
| ELGK Buggenhout | €53,659 | €12,935 | 94.0% | - |
| Vingolf Lochristi | €50,573 | €16,637 | 73.6% | - |
| BC ELEC Aubel | €46,003 | €14,108 | 66.2% | - |
| GVF TECHNICS Tessenderlo-Ham | €49,766 | €14,080 | -19.9% | - |
| CMC TECHNICS Lennik | €48,560 | €13,176 | 96.2% | - |
These companies have the same main activity as HBtec: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €43,500 and €53,700, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 18-08-2022Normal situation
- Activity
- General electrical installation workNACE 43211
- Establishment unit
- 2.334.770.0069280 Lebbeke, since 01-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Annual accounts 2025
- ≈ €120,000estimated
- €49,264▼ 10.8%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on HBtec
HBtec files the micro format. That format states no turnover. The gross margin rose from -€3,309 in 2023 to €14,463 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HBtec
- What is the company number of HBtec?
- The company number of HBtec is 0789.745.888. The VAT number is the same number with BE in front: BE 0789.745.888.
- Where is HBtec based?
- The registered office is at Koningin Astridplein 5, 9280 Lebbeke.Company details
- What does HBtec do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of HBtec?
- HBtec is a private limited company (BV).
- When was HBtec founded?
- HBtec was founded on 18-08-2022.
- Is HBtec still active?
- Yes, HBtec is an active enterprise in the KBO register.
- What is the turnover of HBtec?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €14,463 and 97 comparable companies (NACE 43211). It probably lies between €78,000 and €250,000. It is a rough estimate.Financials
- Is HBtec profitable?
- In financial year 2025, HBtec made a profit of €10,253.
- Where can I find the annual accounts of HBtec?
- HBtec filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HBtec due?
- HBtec must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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