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HIBATING

Active
Private limited companyfounded 199927 yrs activeBrabantse Prinsenlaan 55, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0465.474.987
Summary

HIBATING has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53,726 and a net result of €29,960. Equity is growing by ~44% per year across the filed fiscal years. Its solvency ranks better than 63% of 2830 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes)
NACE 95311NACE 45201Water transport NACE 50200
1 site
Size
€102,829total assets 2025
Equity
€53,726
Profit
€29,960
Turnover not published (abridged schema)
Financial health
98 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Board
2 members
Accounts filed 31 d late1 of 3 deeds read
Why 98- Latest accounts 31 days late; 1 of the last 3 late+ Liquidity: current ratio 4.33, cash €57,722+ Equity €53,726 (52.2% of total assets)+ Founded in 1999Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Better than 85% of its sector peers (NACE 95, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 77+18
equity 52.2% of total assets
Liquidity 93-1
short-term debt 21.4% · cash 56.1%
Profitability 100=
return on assets 29.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.6% (5,059 companies)
Last 11 months 12-2025: 0.1% 01-2026: 0.1%▼ -15.8% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%● 0.0% vs 03-2026 05-2026: 0.1%▼ -1.3% vs 04-2026 06-2026: 0.1%▼ -3.8% vs 05-2026lowest value 07-2026: 0.1%▲ +11.8% vs 06-2026 08-2026: 0.2%▲ +139% vs 07-2026highest value 09-2026: 0.1%▼ -49.3% vs 08-2026 10-2026: 0.1%● 0.0% vs 09-2026
  • Liquidity: current ratio 4.33, cash €57,722 lowers the probability
  • Latest accounts 31 days late; 1 of the last 3 late raises the probability
  • Equity €53,726 (52.2% of total assets) lowers the probability
  • Founded in 1999 lowers the probability for this profile
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 4.33 against 4.38 in 2024; short-term debt: 21.4% and cash: 56.1% of total assets), and 47.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 95, micro). Better than this share of them on solvency 62%, liquidity 91%, profitability 94%, growth against the median 93%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 4.33, cash €57,722
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Latest accounts 31 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Equity €53,726 (52.2% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 1999
In the bankruptcy model this factor lowers the probability for this profile.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filings
Deviation from the deadline
2025
31 d late
2024
19 d late
2023
5 d early
2022
29 d late
2021
67 d late
2020
9 d early
2019
52 d 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 26 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 August (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Reappointments: François PARENT (non-statutory director) and…Registered office clause · Power…
  3. Highest result since 2018net €29,960 ▲62.8%

Key points

  • Positive: 5 profitable years in a rowprofit 2025: €29,960 5 years View
  • Board2 directors in office 2 View
  • Active since 1999founded 18-02-1999 27 years View

By topic

Financials

Fiscal year
2025
Total assets
€102,829
Profit
€29,960
Solvency
52.2%
Total assets▲ 48.6%
Net result
20182025
Go to Financials

Timeline

Events
16
Since
2017
Next accounts
by 31-07-2027
  1. 31-08-2026Annual accounts filed
  2. 01-07-2026Reappointments: François PARENT (non-statutory director) and Florence…
  3. 31-12-2025Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General maintenance and repair of cars and light…NACE 95311
Founded
18-02-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
23
Who signs
Each director alone
Annual meeting
Fourth Monday of May at 18:30
Statutory auditor
No statutory auditor
Go to Articles of association

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