HemSat Tech
ActiveSummary
HemSat Tech has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €12k. Equity is growing by ~26.3% per year across the filed fiscal years. Its solvency ranks better than 53% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+1
Solvency87▲+17
Growth52=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 1.92 against 1.43 in 2024; short-term debt: 37.6% and cash: 45.7% of total assets), and 37.6% of the assets are financed with debt.
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Signals
Five 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
62.4%
Return on assets
13%
Age of the figures
9 mo
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 10-07-2026, 21 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
21 d early
2024
31 d early
2023
13 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€57k▲ 26.4%
2024 · €45k
Total assets
€91k▼ 7.9%
2024 · €98k
Net result
€12k▲ 0.7%
2024 · €12k
Working capital
€31k▲ 65.9%
2024 · €19k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€34k-€28k▼ 17.9%€19k▼ 30.4%
Net result€33k-€12k▼ 64.5%€12k▲ 0.7%
Equity€33k-€45k▲ 35.5%€57k▲ 26.4%
Total assets€73k-€98k▲ 34.9%€91k▼ 7.9%
Debt€40k-€54k▲ 34.4%€34k▼ 36.5%
Working capital€10k-€19k▲ 94.6%€31k▲ 65.9%
Staff (FTE)11=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 30% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91k
Fixed assets
€25k ▼ 29.8%
Current assets
€65k ▲ 4.9%
Equity and liabilities €91k
Equity
€57k ▲ 26.4%
Debt
€34k ▼ 36.5%
Debt's share of the balance-sheet total falls from 54.5% to 37.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30k▼
2024 · €38k
Cash flow
€23k▲
2024 · €22k
Current ratio
1.92▲
2024 · 1.43
Debt to equity
0.60▼
2024 · 1.20
ROE
20.9%▼
2024 · 26.2%
ROA
13.0%▲
2024 · 11.9%
Interest coverage
35.95▲
2024 · 28.17
Debt ≤ 1 year
€34k▼
2024 · €43k
Income taxes
€7k▼
2024 · €15k
Staff costs
€35k▲
2024 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €33k | €35k | ▲ 4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €10k | €11k | ▲ 3.4% |
| Other operating charges640/8 | - | €587 | €222 | ▼ 62.1% |
| Gross operating margin9900 | €37k | €72k | €65k | ▼ 9.5% |
| Operating profit (loss)9901 | €34k | €28k | €19k | ▼ 30.4% |
| Financial income75/76B | €58 | €139 | €144 | ▲ 3.6% |
| Recurring financial income75 | €58 | €139 | €144 | ▲ 3.6% |
| Financial charges65/66B | €587 | €1k | €834 | ▼ 38.2% |
| Recurring financial charges65 | €587 | €1k | €834 | ▼ 38.2% |
| Profit (loss) for the period before taxes9903 | €33k | €26k | €18k | ▼ 29.8% |
| Income taxes67/77 | - | €15k | €7k | ▼ 54.4% |
| Profit (loss) for the period9904 | €33k | €12k | €12k | ▲ 0.7% |
| Profit (loss) for the period to be appropriated9905 | €33k | €12k | €12k | ▲ 0.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €73k | €98k | €91k | ▼ 7.9% |
| Fixed assets21/28 | €44k | €36k | €25k | ▼ 29.8% |
| Tangible fixed assets22/27 | €44k | €36k | €25k | ▼ 29.8% |
| Furniture and vehicles24 | €43k | €36k | €25k | ▼ 28.9% |
| Leasing and similar rights25 | €906 | €453 | - | - |
| Current assets29/58 | €29k | €62k | €65k | ▲ 4.9% |
| Amounts receivable within one year40/41 | €2k | €8k | €22k | ▲ 172% |
| Trade receivables40 | - | €5k | €19k | ▲ 257% |
| Other amounts receivable41 | €2k | €3k | €3k | ▼ 0.2% |
| Cash at bank and in hand54/58 | €26k | €53k | €41k | ▼ 21.0% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | ▲ 7.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €73k | €98k | €91k | ▼ 7.9% |
| Equity10/15 | €33k | €45k | €57k | ▲ 26.4% |
| Contributions10/11 | €1 | €1 | €1 | = |
| Reserves13 | - | €45k | €57k | ▲ 26.4% |
| Distributable reserves133 | - | €45k | €57k | ▲ 26.4% |
| Profit (loss) carried forward14 | €33k | - | - | - |
| Amounts payable17/49 | €40k | €54k | €34k | ▼ 36.5% |
| Amounts payable after more than one year17 | €21k | €10k | - | - |
| Financial debts170/4 | €21k | €10k | - | - |
| Amounts payable within one year42/48 | €19k | €43k | €34k | ▼ 21.6% |
| Current portion of amounts payable after more than one year42 | €11k | €11k | €9k | ▼ 14.8% |
| Trade debts44 | €1k | €13k | €12k | ▼ 7.9% |
| Suppliers440/4 | €1k | €13k | €12k | ▼ 7.9% |
| Taxes, remuneration and social security45 | €7k | €20k | €13k | ▼ 33.7% |
| Taxes450/3 | €7k | €16k | €8k | ▼ 46.6% |
| Remuneration and social security454/9 | - | €4k | €5k | ▲ 11.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €33k | €12k | €12k | ▲ 0.7% |
| + Depreciation and write-downs630 | €3k | €10k | €11k | ▲ 3.4% |
| Operating cash flow (approximation) | €36k | €22k | €23k | ▲ 2.0% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | ▲ 100% |
| Change in cash | - | €26k | €-11k | ▼ 142% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €12k ▼64.5%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oudergem · 1 establishment unit since 2023
Ground area
206 m²
Building footprint
94 m²
Volume, LiDAR
1,062 m³
Parcel 21332B0424/00M005, Brussels · tallest building 12.5 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
HemSat Tech
since 20232.344.757.838
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0424/00M005 | Brussels | 206 m² | 1 · 94 m² | 12.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,392 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.