Summary
Hexcell is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €65,775 and a net result of €62,775. Its solvency ranks better than 45% of 8061 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2025, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 09-07-2026, 22 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
22 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Equity
€65,775
Net result
€62,775
Total assets
€145,624
Solvency
45.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €145,624
Fixed assets
€55,520
Current assets
€90,104
Equity and liabilities €145,624
Equity
€65,775
Debt
€79,849
Debt finances 54.8% of the balance-sheet total.
Key figures and ratios
ROE
95.4%
ROA
43.1%
Debt ≤ 1 year
€79,849
Income taxes
€18,758
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,712 |
| Other operating charges640/8 | €1,092 |
| Gross operating margin9900 | €93,525 |
| Operating profit (loss)9901 | €81,721 |
| Financial income75/76B | €40 |
| Recurring financial income75 | €40 |
| Financial charges65/66B | €228 |
| Recurring financial charges65 | €228 |
| Profit (loss) for the period before taxes9903 | €81,534 |
| Income taxes67/77 | €18,758 |
| Profit (loss) for the period9904 | €62,775 |
| Profit (loss) for the period to be appropriated9905 | €62,775 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €145,624 | |
| Fixed assets21/28 | €55,520 | |
| Tangible fixed assets22/27 | €55,520 | |
| Furniture and vehicles24 | €55,520 | |
| Current assets29/58 | €90,104 | |
| Amounts receivable within one year40/41 | €54,296 | |
| Trade receivables40 | €54,148 | |
| Other amounts receivable41 | €148 | |
| Cash at bank and in hand54/58 | €33,208 | |
| Deferred charges and accrued income490/1 | €2,601 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €145,624 | |
| Equity10/15 | €65,775 | |
| Contributions10/11 | €3,000 | |
| Reserves13 | €62,775 | |
| Distributable reserves133 | €62,775 | |
| Amounts payable17/49 | €79,849 | |
| Amounts payable within one year42/48 | €79,849 | |
| Trade debts44 | €2,354 | |
| Suppliers440/4 | €2,354 | |
| Taxes, remuneration and social security45 | €27,371 | |
| Taxes450/3 | €27,371 | |
| Other amounts payable47/48 | €50,123 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €62,775 |
| + Depreciation and write-downs630 | €10,712 |
| Operating cash flow (approximation) | €73,487 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Kapellen · 1 establishment unit since 2025
Ground area
2,203 m²
Building footprint
198 m²
Volume, LiDAR
968 m³
Parcel 11023I0038/00B002, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hexcell
since 20252.370.874.295
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11023I0038/00B002 | Flanders | 2,203 m² | 1 · 198 m² | 7.8 m · 2 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.
Similar companies · same sector, comparable size
SKEI
BE 0729.826.614
Deinze · Eq €65,770
Vermico
BE 1021.689.815
Beerse · Eq €65,782
STABAU
BE 0694.516.931
Zoersel · Eq €65,768
VANNAERT
BE 0804.119.211
Diksmuide · Eq €65,816
JOWIST
BE 0889.842.366
Kortrijk · Eq €65,817
Of 24,730 companies in sector 64210 we hold annual accounts for 19,772. 11,211 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
Founded03-03-2025
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.