Hexagon Development Pro II
The computed 12-month bankruptcy probability of Hexagon Development Pro II is 0.7% (low). The 2025 annual accounts show negative equity (€-2.29M) and a net result of €-999k. Equity is shrinking by ~69.1% per year across the filed fiscal years. Its solvency ranks better than 7% of 517 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-2.29M |
| Net result | €-999k |
| Better than sector | 7% |
| Active | 4 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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 | -16.0% | 15.9% | |
| Net result | €-999k | €6k | |
| Equity | €-2.29M | €140k | |
| Gross operating margin | €-434k | €78k | |
| Total assets | €14.33M | €1.27M |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-999k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €14.33M |
| Equity | €-2.29M |
| Debt | €16.62M |
| of which ≤ 1y | €198k |
| of which > 1y | €16.21M |
| Working capital | €14.13M |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 72.39 |
| Quick ratio | 4.16 |
| Working capital ratio | 98.6% |
| Solvency | -16.0% |
| Debt / equity | -7.26 |
| Long-term debt ratio | -7.08 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -7.0% |
| ROE | 43.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €14.33M |
| Current assets | 29/58 | €14.33M |
| Stocks & contracts in progress | 3 | €13.51M |
| Amounts receivable within one year | 40/41 | €785k |
| Cash & bank | 54/58 | €37k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €14.33M |
| Equity | 10/15 | €-2.29M |
| Contributions / capital | 10/11 | €62k |
| Accumulated profits (losses) | 14 | €-2.35M |
| Amounts payable | 17/49 | €16.62M |
| Amounts payable after one year | 17 | €16.21M |
| Amounts payable within one year | 42/48 | €198k |
| Trade debts payable within one year | 44 | €188k |
| Income statement | ||
| Gross operating margin | 9900 | €-434k |
| Operating result | 9901 | €-545k |
| Financial charges | 65 | €454k |
| Result before taxes | 9903 | €-999k |
| Net result for the period | 9904 | €-999k |
| Result to be appropriated | 9905 | €-999k |
| NACE primary | Real estate activities(68122) |
| Legal form | Public limited company(014) |
| Incorporation | 04-05-2022 |
| Status | Active |
| Postal code | 8800 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36017A1881/00A000 | Flanders | 1.6 ha | 1 · 137 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
31-03-2026 Registered office moved within Roeselare
- 8800 Roeselare, Spanjestraat 141 → Kwadestraat 113 bus A5 8800 Roeselare
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Kwadestraat 113 bus A5\n8800 Roeselare",
"city": "Roeselare",
"region": "vlaams_gewest",
"street": "Kwadestraat",
"country": "BE",
"postcode": "8800",
"box_number": "A5",
"street_number": "113",
"locality_suffix": null
},
"old_address": {
"raw": "8800 Roeselare, Spanjestraat 141",
"city": "Roeselare",
"region": "vlaams_gewest",
"street": null,
"country": "BE",
"postcode": "8800",
"box_number": null,
"street_number": null,
"locality_suffix": null
},
"effective_date": "2026-02-01",
"evidence_quote": "",
"region_changed": false,
"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": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Roeselare",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-03-31",
"filing_date": "2026-03-23",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enige_bestuurder",
"date": "2026-02-01",
"unanimous": true
},
"subject_company": {
"kbo": "0785.679.313",
"name_full": "Hexagon Development Pro II",
"legal_form": "NV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "HEXAGON INVEST II",
"person_name": null,
"org_rep_person_name": "Jelle Vandendriessche",
"person_role_at_subject": null
},
"co_filed_documents": []
}06-05-2022 Incorporation of a new NV
Technical details
{
"kind": "oprichting",
"seat": "Spanjestraat 141, 8800 Roeselare",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": {
"kbo": "0760.862.654",
"name": "HEXAGON INVEST II"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": "0760.862.654",
"holder_org_name": "HEXAGON INVEST II",
"contribution_type": "cash",
"amount_paid_in_eur": 61500,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 61500,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 61500,
"subject_company": {
"kbo": "0785.679.313",
"name_full": "Hexagon Development Pro II",
"legal_form": "NV"
},
"initial_directors": [],
"incorporation_date": "2022-04-29",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Hexagon Development Pro II |