Skip to content

Hexagon Development Pro II

Active
Public limited companyfounded 20224 years activeKwadestraat 113, 8800 Roeselare, BelgiumKBO/BCE: BE 0785.679.313
Summary

Hexagon Development Pro II has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€2.3m) and a net result of -€998,765. Equity is shrinking by ~69.1% per year across the filed fiscal years. Its solvency ranks better than 9% of 11,011 sector peers (NACE 68, fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Development of non-residential building projects
NACE 68122
1 site
Size
€14.3mtotal assets 2025
Equity
-€2.3m
Loss
-€998,765
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2025
Bankruptcy probability, 12 months
0.8%
Structure
Parent
HEXAGON INVEST II · 100%
Accounts 52 days early1 of 2 deeds read
Why 53Capped at 59: negative equity- Liquidity: current ratio 72.39, cash €37,024- 1 change of registered office in 24 months+ Sector Real estate activities (NACE 68)+ Size: total assets €14.3mShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 20% of its sector peers (NACE 68, medium-sized)
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 9-6
equity -16.0% of total assets
Liquidity 50+15
short-term debt 1.4% · cash 0.3%
Profitability 20-3
return on assets -7.0%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,718 companies)
Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.3%● unchanged vs 11-2024lowest value 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.3 percentage points vs 03-2026 05-2026: 0.8%▲ +0.1 percentage points vs 04-2026 06-2026: 0.9%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.7%▼ -0.2 percentage points vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.8%▲ +0.1 percentage points vs 09-2026
No credit on open account
Liquidity ample (current ratio 72.39 against 2.89 in 2024; short-term debt: 1.4% and cash: 0.3% of total assets), but equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, medium-sized): better than 3% on solvency, 57% on liquidity, 14% on profitability and 6% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 72.39, cash €37,024
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
lowers risk · Sector Real estate activities (NACE 68)
KBO
lowers risk · Size: total assets €14.3m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€2.3m
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 09-06-2026, 52 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
52 days early
2024
48 days early
2023
12 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 37 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

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. Usually files around 13 June (3 of the last 3 filed years within 37 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Permanent representative: Jelle VandendriesscheRegistered-office move
  3. Weakest financial yearnet -€998,765

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€2.3m View
  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€998,765 View
  • Caution: Equity fell in 2025from -€1.3m to -€2.3m ▼ 77.3% View
  • Caution: Among the weakest 5% on net resultsector median €10,249 · 10,999 companies -€998,765 View
  • Controlled by HEXAGON INVEST II 100% View

By topic

Financials

Fiscal year
2025
Total assets
€14.3m
Loss
-€998,765
Solvency
-16.0%
Total assets▲ 7.1%
Net result
20232025
Go to Financials

Timeline

Events
6
Since
2024
Next accounts
by 31-07-2027
  1. 31-12-2025Liquidity times 25
  2. 13-06-2025Annual accounts filed
  3. 19-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Development of non-residential building projectsNACE 68122
Founded
04-05-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.