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HEXISOL

Active
Private limited companyfounded 2009active for 17 yearsDronckaertstraat 653, 8930 Menen, BelgiumKBO/BCE: BE 0812.226.629
Summary

HEXISOL has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,533 and a net result of €67,588. Equity remains stable across the filed financial years (±0.1% per year). Its solvency ranks better than 29% of 34,052 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€74,518total assets 2025
Equity
€20,533
Profit
€67,588
Turnover not published (micro format)
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Accounts filed 25 days late0 of 5 deeds read
Why 87raises riskFigures for financial year 2025 (filed 29-11-2025)Latest accounts 25 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 1.38, cash €63,896Founded in 2009Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Strong
Solvency 53+53
equity 27.6% of total assets
Liquidity 61+61
short-term debt 72.4% · cash 85.7%
Profitability 100+100
return on assets 90.7%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,540 companies, NACE 43, micro)
Last 24 months 11-2024: 5.4% 12-2024: 5.4%● unchanged vs 11-2024 01-2025: 5.4%● unchanged vs 12-2024 02-2025: 5.0%▼ -0.4 percentage points vs 01-2025 03-2025: 5.0%● unchanged vs 02-2025 04-2025: 5.2%▲ +0.2 percentage points vs 03-2025 05-2025: 5.3%▲ +0.1 percentage points vs 04-2025 06-2025: 5.2%▼ -0.1 percentage points vs 05-2025 07-2025: 5.7%▲ +0.5 percentage points vs 06-2025 08-2025: 6.1%▲ +0.4 percentage points vs 07-2025 09-2025: 6.2%▲ +0.1 percentage points vs 08-2025 10-2025: 7.2%▲ +1.0 percentage point vs 09-2025 11-2025: 7.4%▲ +0.2 percentage points vs 10-2025highest value 12-2025: 0.6%▼ -6.8 percentage points vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.5%▼ -0.1 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.2%▼ -0.3 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.38, below the usual 1.5; short-term debt: 72.4% and cash: 85.7% of total assets), and 72.4% of the assets are financed with debt and provisions.
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 43, micro): better than 29% on solvency, 59% on liquidity and 93% on profitability.

The bankruptcy probability was computed on 13-10-2026 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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.38, cash €63,896
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Figures for financial year 2025 (filed 29-11-2025)
NBB · annual accounts
raises risk · Latest accounts 25 days late; 1 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 25-11-2025, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
25 days late
2023
48 days late
2022
34 days early
2021
19 days early
2020
12 days early
2019
1 day early
2018
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 5 days after the deadline; the sector median (NACE 43) for financial year 2023 is 1 day before the deadline, and 44% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €67,588
  3. Liquidity more than 405 timescurrent ratio 1.38

Key points

  • Positive: Among the best 9% on net resultsector median €10,257 · 34,038 companies €67,588 View
  • Total assets 20256 financial years filed €74,518 View
  • Active since 2009founded 11-06-2009 17 years View

By topic

Financials

Financial year
2025
Total assets
€74,518
Profit
€67,588
Solvency
27.6%
Total assets▲ 46,239%
Net result
20182025
Go to Financials

Timeline

Events
19
Since
2011
  1. 17-09-2024Annual accounts filed
  2. 27-06-2023Annual accounts filed
  3. 12-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
11-06-2009
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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