HIC
ActiveSummary
HIC has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-271k) and a net result of €-142k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▲+15
Solvency19▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.18 against 3.12 in 2024; short-term debt: 14.8% and cash: 0.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
-5.9%
Return on assets
-3.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-271k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-04-2026, 102 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
102 d early
2024
45 d early
2023
14 d early
2022
19 d early
2021
72 d early
2020
17 d early
2019
149 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-271k▼ 109%
2024 · €-130k
2018: €39k
2019: €46k
2020: €46k
2021: €47k
2022: €-43k
2023: €148k
2024: €-130k
2018 → 2025
Total assets
€4.58M▲ 196%
2024 · €1.55M
2018: €101k
2019: €456k
2020: €761k
2021: €849k
2022: €206k
2023: €360k
2024: €1.55M
2018 → 2025
Net result
€-142k▲ 49.1%
2024 · €-278k
2018: €4k
2019: €6k
2020: €788
2021: €146
2022: €-89k
2023: €-59k
2024: €-278k
2018 → 2025
Working capital
€-555k
2024 · €145k
2018: €63k
2019: €83k
2020: €701k
2021: €782k
2022: €3k
2023: €224k
2024: €145k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€47k-€-43k€148k€-130k€-271k▼ 109%
Operating result€12k-€-88k€-49k▲ 43.7%€-275k▼ 459%€-49k▲ 82.3%
Net result€146-€-89k€-59k▲ 34.2%€-278k▼ 372%€-142k▲ 49.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €49k in 2025 against €275k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.58M
Fixed assets
€4.46M ▲ 235%
Current assets
€122k ▼ 43.0%
Key figures and ratios
EBITDA
€-28k▲
2024 · €-96k
Cash flow
€-121k▼
2024 · €-99k
Solvency
-5.9%▲
2024 · -8.4%
Current ratio
0.18▼
2024 · 3.12
Debt to equity
-17.89▼
2024 · -12.93
ROA
-3.1%▲
2024 · -18.0%
Interest coverage
-0.30▲
2024 · -43.65
Debt
€4.85M▲
2024 · €1.68M
Debt ≤ 1 year
€676k▲
2024 · €68k
Debt > 1 year
€4.16M▲
2024 · €1.61M
Income taxes
€287▼
2024 · €313
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.55M€4.58M▲
Fixed assets21/28€1.33M€4.46M▲
Tangible fixed assets22/27€1.33M€1.61M▲
Land and buildings22€1.27M€1.27M=
Furniture and vehicles24€27€2k▲
Leasing and similar rights25€58k€38k▼
Other tangible fixed assets26€2k€2k▼
Assets under construction and advance payments27-€292k
Financial fixed assets28-€2.85M
Current assets29/58€214k€122k▼
Amounts receivable within one year40/41€48k€84k▲
Trade receivables40€11k€18k▲
Other amounts receivable41€37k€66k▲
Cash at bank and in hand54/58€157k€36k▼
Deferred charges and accrued income490/1€8k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.55M€4.58M▲
Equity10/15€-130k€-271k▼
Contributions10/11€269k€269k=
Reserves13€27k€27k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€27k€27k=
Profit (loss) carried forward14€-426k€-567k▼
Amounts payable17/49€1.68M€4.85M▲
Amounts payable after more than one year17€1.61M€4.16M▲
Financial debts170/4€19k€1.97M▲
Other amounts payable178/9€1.59M€2.19M▲
Amounts payable within one year42/48€68k€676k▲
Current portion of amounts payable after more than one year42€21k€435k▲
Trade debts44€15k€241k▲
Suppliers440/4€15k€241k▲
Taxes, remuneration and social security45€9k€790▼
Taxes450/3€9k€790▼
Other amounts payable47/48€23k€0▼
Accrued charges and deferred income492/3-€10k
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€179k€21k▼
Other operating charges640/8€4k€5k▲
Gross operating margin9900€-93k€-23k▲
Operating profit (loss)9901€-275k€-49k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€2k€93k▲
Recurring financial charges65€2k€93k▲
Profit (loss) for the period before taxes9903€-278k€-141k▲
Income taxes67/77€313€287▼
Profit (loss) for the period9904€-278k€-142k▲
Profit (loss) for the period to be appropriated9905€-278k€-142k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-426k€-567k▼
Profit (loss) brought forward from the previous period14P€-148k€-426k▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-09
State Gazette act
Appointment: Ine Lycke (director)2 facts ▸
State Gazette act
Appointment: Ine Lycke (director)
2 facts ▸
- General meeting, 17-07-2026
- Director appointment, Ine Lycke (director)
20-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-278k
Net result drops to €-278k, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 5current ratio 4.92
Current ratio from 1.03 to 4.92; short-term debt falls from €103k to €57k.
31-12
Financial
Equity above €100kEq €148k
Equity rises from €-43k to €148k.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 11current ratio 13.78
Current ratio from 1.22 to 13.78; short-term debt falls from €372k to €55k.
04-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Highest result since 2018net €6k ▲60.9%
Net result €6k, the highest in the series.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 37 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
Ine Lycke
CurrentDirector · since 01-09-2026
01-09-2026
Appointed as Director
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sasboslaan(Bel) 148510 KortrijkGround area
3,419 m²
Building footprint
286 m²
Volume, LiDAR
4,066 m³
Parcel 34005B0213/00Y004, Flanders · tallest building 28.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
HIC
since 20112.199.283.770
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34005B0213/00Y004 | Flanders | 3,419 m² | 1 · 286 m² | 28.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 7,502 EUR awarded · 7,502 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 4,500 EUR |
| 2024 | 1 | 4,500 EUR | 3,002 EUR |
| 2023 | 1 | 3,002 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
TORAD
BE 0811.113.604
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ASSURANCES LAMBERT-MAESEELE
BE 0894.423.142
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CONSJENS
BE 0772.650.530
Antwerpen · Eq €147,982
MAXIMIZE
BE 0897.410.544
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IMMOFAC
BE 0438.662.506
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,936 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-05-2011
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
68121Development of residential building projects
68122Development of non-residential building projects
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.