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HICO

Active
Public limited companyfounded 198738 yrs activeLegevoorde 8, 9950 Lievegem, BelgiumKBO/BCE: BE 0432.392.742

HICO has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.52M and a net result of €127k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 95% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
94 / 100
Excellent▼ -6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability5▼-77
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.3M at 30 days acceptable
balance sheet total too small for a liquidity verdict, and 0.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 38 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.9%
Return on assets
0.9%
Age of the figures
14 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-10-2025, 96 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
96 d early
2024
106 d early
2023
107 d early
2022
126 d early
2021
111 d early
2020
123 d early
2019
99 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close12-09-2026 today31-01-2027 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

Financials · fiscal year 2025, micro schema

Equity
€13.52M▲ 2,141%
2024 · €603k
2019: €375k 2020: €405k 2021: €437k 2022: €470k 2023: €504k 2024: €603k
2019 → 2025
Total assets
€13.53M▲ 2,099%
2024 · €616k
2019: €412k 2020: €406k 2021: €440k 2022: €479k 2023: €506k 2024: €616k
2019 → 2025
Net result
€127k▲ 28.1%
2024 · €99k
2019: €35k 2020: €30k 2021: €32k 2022: €33k 2023: €34k 2024: €99k
2019 → 2025
Working capital
€514k▲ 28.4%
2024 · €400k
2019: €187k 2020: €213k 2021: €253k 2022: €289k 2023: €333k 2024: €400k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€437k-€470k▲ 7.6%€504k▲ 7.2%€603k▲ 19.7%€13.52M▲ 2,141%
Operating result€32k-€33k▲ 3.9%€34k▲ 1.6%€100k▲ 194%€114k▲ 14.5%
Net result€32k-€33k▲ 3.6%€34k▲ 1.6%€99k▲ 195%€127k▲ 28.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €32k€32kNet result 2021: €32k€32kOperating result 2022: €33k€33kNet result 2022: €33k€33kOperating result 2023: €34k€34kNet result 2023: €34k€34kOperating result 2024: €100k€100kNet result 2024: €99k€99kOperating result 2025: €114k€114kNet result 2025: €127k€127k20212022202320242025
The operating result has risen four years in a row; 2025 is 15% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.53M
Fixed assets €13.02M▲ 6,143%
Current assets €517k▲ 27.0%
Equity and liabilities €13.53M
Equity €13.52M▲ 2,141%
Debt €16k▲ 33.2%
The debt ratio falls from 2.0% to 0.1%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2024
EBITDA
€128k
2024 · €109k
Cash flow
€141k
2024 · €108k
Solvency
99.9%
2024 · 98.0%
Debt / equity
0.00
2024 · 0.02
ROE
0.9%
2024 · 16.5%
ROA
0.9%
2024 · 16.1%
Interest coverage
174.11
2024 · 637.78
Debt
€16k
2024 · €12k
Debt ≤ 1 year
€3k
2024 · €7k
Income taxes
€4k
2024 · €31
A ratio outside any meaningful range has been withheld (balance sheet total €13.53M, equity €13.52M).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€616k€13.53M
Fixed assets21/28€209k€13.02M
Tangible fixed assets22/27€209k€230k
Land and buildings22€144k€178k
Plant, machinery and equipment23€20k€16k
Furniture and vehicles24€45k€35k
Financial fixed assets28-€12.79M
Current assets29/58€407k€517k
Amounts receivable within one year40/41€75k€23k
Trade receivables40€74k€22k
Other amounts receivable41€2k€1k
Current investments50/53€100k€298k
Cash at bank and in hand54/58€230k€194k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€616k€13.53M
Equity10/15€603k€13.52M
Contributions10/11€285k€13.07M
Capital10€285k€13.07M
Issued capital100€285k€13.07M
Reserves13€318k€445k
Non-distributable reserves130/1€29k€35k
Legal reserve130€29k€35k
Distributable reserves133€290k€411k
Amounts payable17/49€12k€16k
Amounts payable within one year42/48€7k€3k
Trade debts44€4k€571
Suppliers440/4€4k€571
Taxes, remuneration and social security45€3k€3k
Taxes450/3€3k€3k
Accrued charges and deferred income492/3€5k€13k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€14k
Other operating charges640/8€6k€8k
Gross operating margin9900€115k€135k
Operating profit (loss)9901€100k€114k
Financial income75/76B-€18k
Recurring financial income75-€18k
Non-recurring financial income76B-€0
Financial charges65/66B€170€733
Recurring financial charges65€170€733
Profit (loss) for the period before taxes9903€99k€132k
Income taxes67/77€31€4k
Profit (loss) for the period9904€99k€127k
Profit (loss) for the period to be appropriated9905€99k€127k
Appropriation of the result
Profit (loss) to be appropriated9906€99k€127k
Transfer to equity691/2€99k€127k
To the legal reserve6920-€6k
To other reserves6921€99k€121k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
10-08
State Gazette act General meeting · Director resignation
Director reappointment · Permanent representative
2025
27-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial Highest result since 2019net €127k ▲28.1%
Operating result €114k, net result €127k, both a record.
30-06
Financial Liquidity triplescurrent ratio 165.93
Current ratio from 59.42 to 165.93; short-term debt falls from €7k to €3k.
30-06
Financial Equity above €10MEq €13.52M ▲2141%
7 profitable years in a row build equity to €13.52M.
2024
17-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
16-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial Liquidity times 5current ratio 162.19
Current ratio from 34.55 to 162.19; short-term debt falls from €9k to €2k.
30-06
Financial Equity above €500kEq €504k ▲7.2%
5 profitable years in a row build equity to €504k.
2022
27-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
12-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
30-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial Weakest financial yearnet €30k ▼13.7%
Net result drops to €30k, the lowest in the series; recovery starts the following year.
30-06
Financial Liquidity times 16current ratio 167.34
Current ratio from 10.28 to 167.34; short-term debt falls from €20k to €1k.
2019
24-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
30-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
09-10
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
10-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Lievegem · 1 establishment unit since 1987
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.

Legevoorde 89950 Lievegem
Ground area
321 m²
Building footprint
322 m²
Volume, LiDAR
1,806 m³
Parcel 44072D0476/00E000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hico
Legevoorde 8, 9950 LievegemNACE 70120
since 19872.032.673.305
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44072D0476/00E000 Flanders 321 m² 1 · 321 m² 8.8 m · 2 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.

Structure & network

Ownership & control

1 party
HICOBE 0432.392.742
controls
Where this company holds controlthis company sits on their board1
1 location

Similar companies · same sector, comparable size

Of 82,201 companies in sector 70200 we hold annual accounts for 52,400. 5,452 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded28-10-1987
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.