Hexia Acres
ActiveHexia Acres has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €52k and a net result of €-12k. Equity is shrinking by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 23% of 9713 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability34=
Solvency31▼-5
Growth58=
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.07 against 1.13 in 2023; short-term debt: 93.6% and cash: 2.6% of total assets), and 93.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
6.4%
Return on assets
-1.5%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
222324
2022 to 2024 · latest year €-12k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 9713 sector peers (2024).
NBB · sector comparisonPosition among 9713 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
37 d early
2022
20 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€52k▼ 19.2%
2023 · €65k
2022: €73k
2023: €65k
2022 → 2024
Total assets
€813k▲ 44.4%
2023 · €563k
2022: €546k
2023: €563k
2022 → 2024
Net result
€-12k▼ 46.6%
2023 · €-8k
2022: €-27k
2023: €-8k
2022 → 2024
Working capital
€52k▼ 19.2%
2023 · €64k
2022: €73k
2023: €64k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€73k-€65k▼ 11.6%€52k▼ 19.2%
Operating result€-14k-€15k€-6k
Net result€-27k-€-8k▲ 68.7%€-12k▼ 46.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €6k after €15k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €813k
Fixed assets
€83=
Current assets
€813k▲ 44.4%
Equity and liabilities €813k
Equity
€52k▼ 19.2%
Debt
€761k▲ 52.6%
The debt ratio rises from 88.5% to 93.6%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
6.4%▼
2023 · 11.5%
Current ratio
1.07▼
2023 · 1.13
Quick ratio
0.03▼
2023 · 0.05
Debt / equity
14.59▲
2023 · 7.72
ROE
-23.8%▼
2023 · -13.1%
ROA
-1.5%▼
2023 · -1.5%
Debt
€761k▲
2023 · €498k
Debt ≤ 1 year
€761k▲
2023 · €498k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€563k€813k▲
Fixed assets21/28€83€83=
Financial fixed assets28€83€83=
Current assets29/58€563k€813k▲
Stocks and contracts in progress3€539k€792k▲
Stocks30/36€539k€792k▲
Cash at bank and in hand54/58€24k€21k▼
Equity and liabilities
Total equity and liabilities10/49€563k€813k▲
Equity10/15€65k€52k▼
Contributions10/11€100k€100k=
Profit (loss) carried forward14€-35k€-48k▼
Amounts payable17/49€498k€761k▲
Amounts payable within one year42/48€498k€761k▲
Financial debts43€380k€530k▲
Credit institutions430/8€380k€530k▲
Other amounts payable47/48€118k€231k▲
Income statement
Code20232024
Other operating charges640/8€1k€2k▲
Gross operating margin9900€16k€-4k▼
Operating profit (loss)9901€15k€-6k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€23k€7k▼
Recurring financial charges65€23k€7k▼
Profit (loss) for the period before taxes9903€-8k€-12k▼
Profit (loss) for the period9904€-8k€-12k▼
Profit (loss) for the period to be appropriated9905€-8k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-35k€-48k▼
Profit (loss) brought forward from the previous period14P€-27k€-35k▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
NBB filing
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, Wevelgem · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Menenstraat 398560 WevelgemGround area
360 m²
Building footprint
136 m²
Volume, LiDAR
1,961 m³
Parcel 34041C0333/00V004, Flanders · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Hexia Acres
since 20212.322.974.113
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34041C0333/00V004 | Flanders | 360 m² | 1 · 135 m² | 17.0 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
RENIMMO CONCEPT
BE 1003.734.521
Tubize · Eq €52k
Tuberg
BE 0747.539.111
Antwerpen · Eq €52k
BUILDPLUS
BE 0541.753.710
Kortenberg · Eq €52k
LE IMMÒ
BE 0793.843.149
Vorst · Eq €52k
WEngineer
BE 0723.770.052
Brussel · Eq €52k
Of 7,321 companies in sector 68110 we hold annual accounts for 5,380. 3,308 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-09-2021
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.