HI SERV
ActiveSummary
The computed 12-month bankruptcy probability of HI SERV is 10.5% (high). For HI SERV, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €12,037 and a net result of €74. Equity remains stable across the filed fiscal years (±1.4% per year). The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability39▼-10
Solvency33▲+2
Growth52=
Track record92
Bankruptcy probability, 12 months
10.5%
High
0%0.5%1.5%4%10%≥ 25%
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Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk
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
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 2023Solvency, return and age of the figures
Solvency
7.7%
Return on assets
0%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline01-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 16-02-2026, 565 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
565 d late
2022
69 d late
2021
1296 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 643 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
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Financials · fiscal year 2023, micro schema
Equity
€12,037▲ 0.6%
2022 · €11,963
Total assets
€156,060▼ 19.6%
2022 · €194,016
Net result
€74▼ 70.8%
2022 · €255
Working capital
€7,770
2022 · -€1,342
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202120222023
Operating result€10,927-€2,051▼ 81.2%€2,519▲ 22.8%
Net result€8,209-€255▼ 96.9%€74▼ 70.8%
Equity€11,709-€11,963▲ 2.2%€12,037▲ 0.6%
Total assets€176,386-€194,016▲ 10.0%€156,060▼ 19.6%
Debt€164,677-€182,053▲ 10.6%€144,023▼ 20.9%
Working capital€661--€1,342€7,770
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 23% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €156,060
Fixed assets
€4,267 ▼ 67.3%
Current assets
€151,793 ▼ 16.0%
Equity and liabilities €156,060
Equity
€12,037 ▲ 0.6%
Debt
€144,023 ▼ 20.9%
Debt's share of the balance-sheet total falls from 93.8% to 92.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5,867▲
2022 · €5,483
Cash flow
€3,423▼
2022 · €3,687
Current ratio
1.05▲
2022 · 0.99
Debt to equity
11.96▼
2022 · 15.22
ROE
0.6%▼
2022 · 2.1%
ROA
0.0%▼
2022 · 0.1%
Interest coverage
2.45▼
2022 · 3.61
Debt ≤ 1 year
€144,023▼
2022 · €182,053
Income taxes
€46▼
2022 · €278
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,088 | €3,432 | €3,348 | ▼ 2.4% |
| Other operating charges640/8 | €2,587 | €1,001 | €1,459 | ▲ 45.8% |
| Non-recurring operating charges66A | €4,524 | - | - | - |
| Gross operating margin9900 | €20,126 | €6,484 | €7,326 | ▲ 13.0% |
| Operating profit (loss)9901 | €10,927 | €2,051 | €2,519 | ▲ 22.8% |
| Financial income75/76B | - | - | €0 | - |
| Recurring financial income75 | - | - | €0 | - |
| Financial charges65/66B | €460 | €1,518 | €2,399 | ▲ 58.0% |
| Recurring financial charges65 | €460 | €1,518 | €2,399 | ▲ 58.0% |
| Profit (loss) for the period before taxes9903 | €10,466 | €532 | €120 | ▼ 77.5% |
| Income taxes67/77 | €2,258 | €278 | €46 | ▼ 83.6% |
| Profit (loss) for the period9904 | €8,209 | €255 | €74 | ▼ 70.8% |
| Profit (loss) for the period to be appropriated9905 | €8,209 | €255 | €74 | ▼ 70.8% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €176,386 | €194,016 | €156,060 | ▼ 19.6% |
| Formation expenses20 | €583 | €249 | - | - |
| Fixed assets21/28 | €10,465 | €13,056 | €4,267 | ▼ 67.3% |
| Tangible fixed assets22/27 | €10,465 | €13,056 | €4,267 | ▼ 67.3% |
| Land and buildings22 | - | €5,690 | - | - |
| Plant, machinery and equipment23 | €5,918 | €3,871 | €1,823 | ▼ 52.9% |
| Furniture and vehicles24 | €4,547 | €3,495 | €2,444 | ▼ 30.1% |
| Current assets29/58 | €165,338 | €180,711 | €151,793 | ▼ 16.0% |
| Amounts receivable within one year40/41 | €127,179 | €165,408 | €144,609 | ▼ 12.6% |
| Trade receivables40 | €122,792 | €159,611 | €142,633 | ▼ 10.6% |
| Other amounts receivable41 | €4,387 | €5,797 | €1,975 | ▼ 65.9% |
| Cash at bank and in hand54/58 | €37,903 | €14,999 | €7,185 | ▼ 52.1% |
| Deferred charges and accrued income490/1 | €256 | €304 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €176,386 | €194,016 | €156,060 | ▼ 19.6% |
| Equity10/15 | €11,709 | €11,963 | €12,037 | ▲ 0.6% |
| Contributions10/11 | €3,500 | €3,500 | €3,500 | = |
| Reserves13 | €800 | €800 | €800 | = |
| Distributable reserves133 | €800 | €800 | €800 | = |
| Profit (loss) carried forward14 | €7,409 | €7,663 | €7,737 | ▲ 1.0% |
| Amounts payable17/49 | €164,677 | €182,053 | €144,023 | ▼ 20.9% |
| Amounts payable within one year42/48 | €164,677 | €182,053 | €144,023 | ▼ 20.9% |
| Trade debts44 | €156,180 | €123,908 | €132,075 | ▲ 6.6% |
| Suppliers440/4 | €156,180 | €123,908 | €132,075 | ▲ 6.6% |
| Advances received on contracts in progress46 | - | €42,330 | - | - |
| Taxes, remuneration and social security45 | €2,258 | €2,535 | €3,534 | ▲ 39.4% |
| Taxes450/3 | €2,258 | €2,535 | €3,534 | ▲ 39.4% |
| Other amounts payable47/48 | €6,239 | €13,280 | €8,414 | ▼ 36.6% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,209 | €255 | €74 | ▼ 70.8% |
| + Depreciation and write-downs630 | €2,088 | €3,432 | €3,348 | ▼ 2.4% |
| Operating cash flow (approximation) | €10,297 | €3,687 | €3,423 | ▼ 7.2% |
| Investment in fixed assets (approximation) | - | -€6,023 | €5,441 | ▲ 190% |
| Change in cash | - | -€22,904 | -€7,814 | ▲ 65.9% |
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
20-04
KBO administration
Address struck
event 05-04-2026
16-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 565 days late
16-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1296 days late
2023
31-12
Financial
Weakest financial yearnet €74 ▼70.8%
Net result drops to €74, the lowest in the series.
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 69 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Wemmel · 1 establishment unit since 2020
Ground area
333 m²
Building footprint
314 m²
Volume, LiDAR
2,846 m³
2 parcels, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
472
companies at this address
See who is registered here
1 establishment unit
HI SERV
since 20202.304.045.552
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0230/00T000 | Flanders | 185 m² | 1 · 170 m² | 13.0 m · 3 fl. |
| 22662B0387/00R004 | Flanders | 147 m² | 1 · 144 m² | 14.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company details
Identification
Legal formPrivate limited company
Founded19-06-2020
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.