HEMTITEC
HEMTITEC has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €289k and a net result of €44k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 82% of 7448 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
| Equity | €289k |
| Net result | €44k |
| Staff (FTE) | 2.1 |
| Better than sector | 82% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 74.0% | 44.0% | |
| Net result | €44k | €30k | |
| Equity | €289k | €276k | |
| Gross operating margin | €179k | €275k | |
| Staff costs | €110k | €244k |
Figures by fiscal year and ratios
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | +38.9% | -35.9% | -36.5% | - |
| Net profit | +202.5% | -52.4% | -51.8% | - |
| Cash flow | +112.4% | -33.6% | -43.6% | - |
| Staff costs | -71.3% | -13.8% | +34.3% | - |
| Income taxes | -71.3% | -58.9% | +39.3% | - |
| Dividends | - | - | - | - |
| Total assets | -15.0% | -19.3% | +53.1% | - |
| Equity | +0.5% | +5.3% | +12.6% | - |
| Debt | -40.9% | -42.0% | +128.9% | - |
| of which ≤ 1y | -40.9% | -42.0% | +142.0% | - |
| of which > 1y | - | - | - | - |
| Working capital | +5.3% | +5.1% | +9.1% | - |
| Employees (FTE) | -68.7% | -16.3% | +14.3% | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 3.61 | 2.46 | 1.81 | 2.79 |
| Quick ratio | 3.61 | 2.46 | 1.81 | 2.79 |
| Working capital ratio | 67.9% | 54.8% | 42.0% | 59.0% |
| Solvency | 74.0% | 62.5% | 47.9% | 65.2% |
| Debt / equity | 0.35 | 0.60 | 1.09 | 0.53 |
| Long-term debt ratio | - | - | - | 0.03 |
| Interest coverage | 21.82 | 10.69 | 9.83 | 7.05 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 11.2% | 3.2% | 5.3% | 17.0% |
| ROE | 15.2% | 5.0% | 11.2% | 26.1% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €390k | €459k | €569k | €372k |
| Fixed assets | 21/28 | €24k | €36k | €33k | €30k |
| Tangible fixed assets | 22/27 | €22k | €34k | €32k | €30k |
| Financial fixed assets | 28 | €1k | €1k | €1k | - |
| Current assets | 29/58 | €367k | €424k | €536k | €342k |
| Amounts receivable within one year | 40/41 | €349k | €413k | €438k | €319k |
| Investments | 50/53 | €1k | €1k | - | - |
| Cash & bank | 54/58 | €401 | €77 | €93k | €23k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €390k | €459k | €569k | €372k |
| Equity | 10/15 | €289k | €287k | €273k | €242k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €270k | €269k | €254k | €224k |
| Accumulated profits (losses) | 14 | €3 | €3 | €3 | - |
| Amounts payable | 17/49 | €102k | €172k | €297k | €130k |
| Amounts payable after one year | 17 | - | - | - | €7k |
| Amounts payable within one year | 42/48 | €102k | €172k | €297k | €123k |
| Trade debts payable within one year | 44 | €43k | €45k | €169k | €29k |
| Income statement | |||||
| Gross operating margin | 9900 | €179k | €468k | €537k | €448k |
| Operating result | 9901 | €51k | €34k | €62k | €105k |
| Financial income | 75 | €885 | €845 | €14k | €2k |
| Financial charges | 65 | €3k | €4k | €7k | €16k |
| Result before taxes | 9903 | €48k | €30k | €69k | €91k |
| Income taxes | 67/77 | €5k | €16k | €39k | €28k |
| Net result for the period | 9904 | €44k | €14k | €30k | €63k |
| Result to be appropriated | 9905 | €44k | €14k | €30k | €63k |
| NACE primary | Insulation installation(43230) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 13-09-2002 |
| Status | Active |
| Postal code | 9500 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41018A0157/00B000 | Flanders | 150 m² | 1 · 69 m² | 9.4 m · 2 fl. |
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
19-07-2023 Registered office moved from Kain to Grammont
- Rue des Herses 4 7540 Kain → Karmelietenstraat 48 9500 Grammont
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Karmelietenstraat 48 9500 Grammont",
"city": "Grammont",
"region": "vlaams_gewest",
"street": "Karmelietenstraat",
"country": "BE",
"postcode": "9500",
"box_number": null,
"street_number": "48",
"locality_suffix": null
},
"old_address": {
"raw": "Rue des Herses 4 7540 Kain",
"city": "Kain",
"region": "waals_gewest",
"street": "Rue des Herses",
"country": "BE",
"postcode": "7540",
"box_number": null,
"street_number": "4",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": true,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": true,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2023-06-07",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2023-06-07",
"unanimous": null
},
"subject_company": {
"kbo": "0478.324.717",
"name_full": "Hemtite\u0441",
"legal_form": "SPRL"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0801.539.308",
"org_name": "Geneza SNC",
"person_name": null,
"org_rep_person_name": "Genezov Audrey",
"person_role_at_subject": null
},
"co_filed_documents": [
"convention de cession d\u0027actions"
]
}| Legal nameNL | HEMTITEC |