HEXIRON
ActiveHEXIRON has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €73k. Equity is shrinking by ~18.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 34% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency40▼-25
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.46 in 2024; short-term debt: 84.6% and cash: 72.4% of total assets), and 84.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
28 d late
2024
27 d late
2023
14 d late
2022
2 d late
2021
1 d late
2020
37 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€20k▼ 62.5%
2024 · €55k
2019: €81k
2021: €158k
2022: €55k
2023: €55k
2024: €55k
2019 → 2025
Total assets
€133k▼ 2.4%
2024 · €136k
2019: €119k
2021: €171k
2022: €126k
2023: €113k
2024: €136k
2019 → 2025
Net result
€73k▼ 2.1%
2024 · €74k
2019: €38k
2021: €44k
2022: €57k
2023: €51k
2024: €74k
2019 → 2025
Working capital
€6k▼ 82.9%
2024 · €37k
2019: €45k
2021: €122k
2022: €48k
2023: €43k
2024: €37k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€158k-€55k▼ 65.4%€55k=€55k=€20k▼ 62.5%
Operating result€56k-€61k▲ 9.1%€67k▲ 9.9%€94k▲ 41.1%€91k▼ 2.8%
Net result€44k-€57k▲ 29.9%€51k▼ 10.7%€74k▲ 45.6%€73k▼ 2.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €133k
Fixed assets
€14k▼ 19.7%
Current assets
€119k▲ 0.1%
Equity and liabilities €133k
Equity
€20k▼ 62.5%
Debt
€113k▲ 37.6%
The debt ratio rises from 60.0% to 84.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€97k▼
2024 · €99k
Cash flow
€78k▼
2024 · €79k
Solvency
15.4%▼
2024 · 40.0%
Current ratio
1.06▼
2024 · 1.46
Quick ratio
1.06▼
2024 · 1.46
Debt / equity
5.51▲
2024 · 1.50
ROE
354.8%▲
2024 · 135.8%
ROA
54.5%▲
2024 · 54.3%
Interest coverage
474.46▼
2024 · 481.20
Debt
€113k▲
2024 · €82k
Debt ≤ 1 year
€113k▲
2024 · €82k
Income taxes
€20k▼
2024 · €20k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€136k€133k▼
Fixed assets21/28€18k€14k▼
Tangible fixed assets22/27€18k€14k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€5k€4k▼
Other tangible fixed assets26€9k€7k▼
Current assets29/58€119k€119k▲
Amounts receivable within one year40/41€32k€21k▼
Trade receivables40€31k€21k▼
Other amounts receivable41€1k€0▼
Cash at bank and in hand54/58€85k€96k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€136k€133k▼
Equity10/15€55k€20k▼
Contributions10/11€19k€19k=
Reserves13€36k€2k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€36k€2k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€82k€113k▲
Amounts payable within one year42/48€82k€113k▲
Financial debts43€17€46▲
Credit institutions430/8€17€46▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€4k€4k▼
Taxes450/3€4k€4k▼
Other amounts payable47/48€74k€107k▲
Accrued charges and deferred income492/3€229€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€532€510▼
Gross operating margin9900€99k€97k▼
Operating profit (loss)9901€94k€91k▼
Financial income75/76B€34€1k▲
Recurring financial income75€34€1k▲
Financial charges65/66B€205€204▼
Recurring financial charges65€205€204▼
Profit (loss) for the period before taxes9903€94k€92k▼
Income taxes67/77€20k€20k▼
Profit (loss) for the period9904€74k€73k▼
Profit (loss) for the period to be appropriated9905€74k€73k▼
Appropriation of the result
Profit (loss) to be appropriated9906€74k€73k▼
Transfer from equity791/2-€34k
Profit to be distributed694/7€74k€107k▲
Return on contributions (dividend)694€74k€107k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2024
27-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
31-03
Financial
Highest result since 2019net €74k ▲45.6%
Operating result €94k, net result €74k, both a record.
2023
14-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2021
01-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
31-03
Financial
Liquidity quadruplescurrent ratio 10.03
Current ratio from 2.48 to 10.03; short-term debt falls from €30k to €13k.
31-03
Financial
Equity above €150kEq €158k ▲95.8%
2 profitable years in a row build equity to €158k.
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Denderleeuw · 1 establishment unit since 2017
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.
Hofstraat 69470 DenderleeuwGround area
701 m²
Building footprint
96 m²
Volume, LiDAR
450 m³
Parcel 41402B0890/02X000, Flanders · tallest building 8.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HEXIRON
since 20172.263.533.008
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41402B0890/02X000 | Flanders | 701 m² | 1 · 96 m² | 8.3 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 544 EUR awarded · 544 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 544 EUR | 544 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,227 companies in sector 47400 we hold annual accounts for 1,806. 1,190 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-04-2017
Fiscal year end31-03
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
58110Book publishing
62900Other information technology and computer services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.