HIBISCUS
ActiveSummary
The computed 12-month bankruptcy probability of HIBISCUS is 1.6% (moderate). The annual accounts of HIBISCUS for fiscal year 2025 show a net loss of 58% of total assets and of 88% of the equity at the start of that year. The 2025 annual accounts show equity of €109,367 and a net result of -€816,153. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-33
Solvency33▼-30
Growth52=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.18 against 18.34 in 2024; short-term debt: 13.1% of total assets), and 92.2% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2025Solvency, return and age of the figures
Solvency
7.8%
Return on assets
-58%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€816,153
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 filingsDeviation from the deadline
2025
26 d late
2024
27 d late
2023
71 d late
2022
25 d late
2021
73 d late
2020
27 d late
2019
40 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 41 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 27 August (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€109,367▼ 88.2%
2024 · €925,520
Total assets
€1.4m▼ 41.7%
2024 · €2.4m
Net result
-€816,153▼ 1,930%
2024 · -€40,200
Working capital
-€150,911
2024 · €754,421
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€1.2m▲ 5,902%€628▼ 99.9%-€4,940-€47,409▼ 860%-€820,377▼ 1,630%
Net result€903,363▲ 5,727%€628▼ 99.9%-€4,940-€40,200▼ 714%-€816,153▼ 1,930%
Equity€976,082▲ 1,139%€970,660▼ 0.6%€965,720▼ 0.5%€925,520▼ 4.2%€109,367▼ 88.2%
Total assets€1.3m▲ 916%€1.3m▼ 2.5%€1.3m=€2.4m▲ 84.3%€1.4m▼ 41.7%
Debt€85,590▲ 60.2%€57,696▼ 32.6%€62,636▲ 8.6%€1.2m▲ 1,826%€1.3m▲ 7.5%
Working capital-€52,274▼ 69.9%€754,421-€150,911
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €820,377 in 2025 against €47,409 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€1.4m ▼ 15.0%
Current assets
€33,402 ▼ 95.8%
Equity and liabilities €1.4m
Equity
€109,367 ▼ 88.2%
Provisions
€0 ▼ 100%
Debt
€1.3m ▲ 7.5%
Debt's share of the balance-sheet total rises from 50.0% to 92.2%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.18▼
2024 · 18.34
Debt to equity
11.86▲
2024 · 1.30
ROE
-746.3%▼
2024 · -4.3%
ROA
-58.0%▼
2024 · -1.7%
Debt ≤ 1 year
€184,313▲
2024 · €43,497
Debt > 1 year
€1.1m▼
2024 · €1.2m
Income taxes
€33,994
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €3,720 | - | - | - | - | - |
| Non-recurring operating charges66A | - | - | - | - | €787,497 | - |
| Gross operating margin9900 | €1.2m | €628 | -€4,940 | -€47,409 | -€32,880 | ▲ 30.6% |
| Operating profit (loss)9901 | €1.2m | €628 | -€4,940 | -€47,409 | -€820,377 | ▼ 1,630% |
| Financial income75/76B | €59 | - | - | €7,851 | - | - |
| Recurring financial income75 | €59 | - | - | €7,851 | - | - |
| Non-recurring financial income76B | €59 | - | - | - | - | - |
| Financial charges65/66B | €26 | - | - | €642 | €243,427 | ▲ 37,824% |
| Recurring financial charges65 | €26 | - | - | €642 | €967 | ▲ 50.6% |
| Non-recurring financial charges66B | - | - | - | - | €242,460 | - |
| Profit (loss) for the period before taxes9903 | €1.2m | €628 | -€4,940 | -€40,200 | -€1.1m | ▼ 2,546% |
| Transfer from deferred taxes780 | - | - | - | - | €281,644 | - |
| Transfer to deferred taxes680 | €281,644 | - | - | - | - | - |
| Income taxes67/77 | €26,212 | - | - | - | €33,994 | - |
| Profit (loss) for the period9904 | €903,363 | €628 | -€4,940 | -€40,200 | -€816,153 | ▼ 1,930% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €844,933 | - |
| Transfer to tax-exempt reserves689 | €844,933 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €58,430 | €628 | -€4,940 | -€40,200 | €28,780 | ▲ 172% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.3m | €1.3m | €2.4m | €1.4m | ▼ 41.7% |
| Fixed assets21/28 | €1.3m | €1.3m | €1.3m | €1.6m | €1.4m | ▼ 15.0% |
| Intangible fixed assets21 | - | - | - | €1,629 | €1,629 | = |
| Tangible fixed assets22/27 | €0 | - | - | - | - | - |
| Land and buildings22 | €0 | - | - | - | - | - |
| Other tangible fixed assets26 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €1.3m | €1.3m | €1.3m | €1.6m | €1.4m | ▼ 15.0% |
| Current assets29/58 | €33,316 | - | - | €797,918 | €33,402 | ▼ 95.8% |
| Amounts receivable within one year40/41 | €33,316 | - | - | €797,918 | €33,402 | ▼ 95.8% |
| Trade receivables40 | - | - | - | €797,429 | - | - |
| Other amounts receivable41 | €33,316 | - | - | €488 | €33,402 | ▲ 6,739% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.3m | €1.3m | €2.4m | €1.4m | ▼ 41.7% |
| Equity10/15 | €976,082 | €970,660 | €965,720 | €925,520 | €109,367 | ▼ 88.2% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €22,000 | €22,000 | = |
| Reserves13 | €914,698 | €909,277 | €909,277 | €907,277 | €62,344 | ▼ 93.1% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €2,000 | - | - | - |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €2,000 | - | - | - |
| Tax-exempt reserves132 | €844,933 | €844,933 | €844,933 | €844,933 | €0 | ▼ 100% |
| Distributable reserves133 | €67,765 | €62,344 | €62,344 | €62,344 | €62,344 | = |
| Profit (loss) carried forward14 | €41,383 | €41,383 | €36,443 | -€3,757 | €25,023 | ▲ 766% |
| Provisions and deferred taxes16 | €281,644 | €281,644 | €281,644 | €281,644 | - | - |
| Deferred taxes168 | €281,644 | €281,644 | €281,644 | €281,644 | - | - |
| Amounts payable17/49 | €85,590 | €57,696 | €62,636 | €1.2m | €1.3m | ▲ 7.5% |
| Amounts payable after more than one year17 | - | - | - | €1.2m | €1.1m | ▼ 4.3% |
| Other amounts payable178/9 | - | - | - | €1.2m | €1.1m | ▼ 4.3% |
| Amounts payable within one year42/48 | €85,590 | €57,696 | €62,636 | €43,497 | €184,313 | ▲ 324% |
| Trade debts44 | €10,389 | €152 | €40 | €6,470 | €219 | ▼ 96.6% |
| Suppliers440/4 | €10,389 | €152 | €40 | €6,470 | €219 | ▼ 96.6% |
| Taxes, remuneration and social security45 | €29,820 | €26,212 | - | €1,260 | €945 | ▼ 25.0% |
| Taxes450/3 | €29,820 | €26,212 | - | €1,260 | €945 | ▼ 25.0% |
| Other amounts payable47/48 | €45,382 | €31,331 | €62,596 | €35,767 | €183,149 | ▲ 412% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €903,363 | €628 | -€4,940 | -€40,200 | -€816,153 | ▼ 1,930% |
| Operating cash flow (approximation) | €903,363 | €628 | -€4,940 | -€40,200 | -€816,153 | ▼ 1,930% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€305,829 | €242,460 | ▲ 179% |
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
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Weakest financial yearnet -€816,153
Net result drops to -€816,153, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
31-12
Financial
Highest result since 2018net €903,363 ▲5,727%
Operating result €1.2m, net result €903,363, both a record.
31-12
Financial
Equity above €500,000Eq €976,082 ▲1,139%
4 profitable years in a row build equity to €976,082.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 19 acts read
About the unread acts
We know of 19 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
19 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, Elsene · 1 establishment unit since 1992
Ground area
210 m²
Building footprint
115 m²
Volume, LiDAR
1,256 m³
Parcel 21447B0232/00N005, Brussels · tallest building 19.3 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
HIBISCUS
since 19922.055.716.347
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0232/00N005 | Brussels | 210 m² | 1 · 115 m² | 19.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
35.52%
According to the 2025 annual accounts of HIBISCUS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPrivate limited company
Founded31-10-1991
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.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.