Financials
- Financial year
- 2025
- Total assets
- €68,163
- Loss
- -€11,507
- Solvency
- -38.2%
Total assets▼ 25.7%
Net result
20192025
HIAS
ActiveSummary
HIAS has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€26,069) and a net result of -€11,507. Equity is shrinking by about 54% per year across the filed financial years. Its solvency ranks better than 13% of 13,639 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Overview
Activity
Wholesale of electrical household appliances and audio-video equipment
NACE 46431Cafés and bars NACE 56301
1 site
Size
€68,163total assets 2025
- Staff
- 1.3 FTE
- Equity
- -€26,069
- Loss
- -€11,507
Turnover not published (micro format)
Structure
2025 accounts 37 days early3 deeds in the Belgian Official Gazette
Why 53raises riskCapped at 59: negative equityLoss of €11,507, the second in a row (financial year 2025)Negative equity -€26,069lowers riskSize: total assets €68,163Founded in 1997Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 15% of its sector peers (NACE 46, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
0-9
equity -38.2% of total assets
Liquidity
11+6
short-term debt 137.5% · cash 8.8%
Profitability
47+47
return on assets -16.9%
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.7%
12-2024: 0.7%● unchanged vs 11-2024
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025lowest value
04-2025: 1.4%▲ +0.7 percentage points vs 03-2025
05-2025: 1.4%● unchanged vs 04-2025
06-2025: 1.6%▲ +0.2 percentage points vs 05-2025highest value
07-2025: 1.6%● unchanged vs 06-2025highest value
08-2025: 1.6%● unchanged vs 07-2025highest value
09-2025: 1.6%● unchanged vs 08-2025highest value
10-2025: 1.5%▼ -0.1 percentage points vs 09-2025
11-2025: 1.5%● unchanged vs 10-2025
12-2025: 1.5%● unchanged vs 11-2025
01-2026: 1.5%● unchanged vs 12-2025
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.5%● unchanged vs 02-2026
04-2026: 1.3%▼ -0.2 percentage points vs 03-2026
05-2026: 1.3%● unchanged vs 04-2026
06-2026: 1.3%● unchanged vs 05-2026
07-2026: 1.3%● unchanged vs 06-2026
08-2026: 1.3%● unchanged vs 07-2026
09-2026: 1.3%● unchanged vs 08-2026
10-2026: 1.3%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.28, compared with 0.36 in 2024, below 1; short-term debt: 137.5% and cash: 8.8% of total assets), and equity is negative.
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 46, micro): better than 6% on solvency, 12% on liquidity, 37% on profitability and 6% on growth.
The bankruptcy probability was computed on 25-10-2026 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
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€26,069
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-03-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 days early
2024
34 days early
2023
5 days early
2022
24 days late
2021
4 days early
2020
6 days late
2019
85 days early
← 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 19 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 26 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end26-10-2026 today30-04-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Timeline
- Events
- 30
- Since
- 1999
- Next accounts
- by 30-04-2027
- 24-05-2023Annual accounts filed
- 30-09-2022Weakest financial year
- 26-04-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale of electrical household appliances and audio-video equipmentNACE 46431
- Founded
- 07-01-1997
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
Key facts about HIAS
- What is the company number of HIAS?
- 0459.685.176. In Belgium the VAT number is the company number with BE in front: BE 0459.685.176.
- Where is HIAS based?
- The registered office is at Dorpsstraat 134, 3470 Kortenaken.Company details
- What does HIAS do?
- According to the KBO register, the main activity is wholesale of electrical household appliances and audio-video equipment (NACE 46431).
- What is the legal form of HIAS?
- Private limited company (BV).
- When was HIAS founded?
- On 07-01-1997.
- Is HIAS still active?
- Yes, HIAS is an active enterprise in the KBO register.
- How many employees does HIAS have?
- On average 1.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of HIAS?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is HIAS profitable?
- In financial year 2025, HIAS made a loss of €11,507.
- Where can I find the annual accounts of HIAS?
- HIAS filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HIAS due?
- By 30-04-2027, for financial year 2026.Timeline
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