Checked.be
Active
BE 0474.129.565Private limited company
HIFIVE
Stationsplein 23 ·8691 Alveringem, Belgium· 25 yrs active
Sector: Other business support services
(82990)
Conclusion
HIFIVE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €338k and a net result of €29k. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 7538 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €338k |
| Net result | €29k |
| Better than sector | 95% |
| Active | 25 yrs |
Financial profile
81
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
86
Profitability
43
Solvency
100
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2001, 25 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
86
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€30k
estimate, not credit advice
Score history
86
2021
100
2022
86
2023
100
2024
86
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 33.75 (≥ 1.5)
+10
Quick ratio
Quick ratio 33.75 (≥ 1.0)
+5
Leverage
Debt/equity 0.02 (< 1.0)
+10
Profitability
ROE 9%
+3
Interest coverage
Interest coverage 263.1× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 24-03-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~18.6%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 82, Office administrative, office support and other business support activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 97.8% | 50.9% | |
| Net result | €29k | €16k | |
| Equity | €338k | €58k | |
| Gross operating margin | €65k | €40k | |
| Total assets | €346k | €140k |
€62k
-63.6%
21-25
€29k
-72.0%
21-25
€56k
-57.4%
21-25
€346k
+6.5%
21-25
€338k
+9.4%
21-25
€237k
+17.4%
21-25
€7k
-82.3%
21-25
€8k
-51.2%
21-25
€7k
-53.5%
21-25
33.75
+141.5%
21-25
33.75
+141.5%
21-25
97.8%
+2.8%
21-25
0.02
-55.4%
21-25
8.6%
-74.5%
21-25
8.4%
-73.7%
21-25
263.06
-72.0%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €62k | €172k | €31k | €84k | €32k |
| Net profit | €29k | €104k | €3k | €45k | €5k |
| Cash flow | €56k | €130k | €28k | €71k | €27k |
| Staff costs | - | - | - | - | - |
| Income taxes | €7k | €42k | €3k | €14k | €4k |
| Dividends | - | - | - | - | - |
| Total assets | €346k | €325k | €210k | €222k | €185k |
| Equity | €338k | €309k | €205k | €202k | €172k |
| Debt | €8k | €16k | €5k | €20k | €13k |
| of which ≤ 1y | €7k | €16k | €4k | €20k | €13k |
| of which > 1y | - | - | - | - | - |
| Working capital | €237k | €202k | €92k | €66k | €71k |
| Employees (FTE) | - | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 33.75 | 13.97 | 22.00 | 4.35 | 6.56 |
| Quick ratio | 33.75 | 13.97 | 22.00 | 4.35 | 6.40 |
| Working capital ratio | 68.5% | 62.1% | 43.7% | 29.8% | 38.5% |
| Solvency | 97.8% | 95.1% | 97.8% | 91.0% | 93.0% |
| Debt / equity | 0.02 | 0.05 | 0.02 | 0.10 | 0.08 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 263.06 | 940.31 | 197.41 | 924.04 | 205.18 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 8.4% | 32.1% | 1.3% | 20.4% | 3.0% |
| ROE | 8.6% | 33.8% | 1.3% | 22.4% | 3.2% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €346k | €325k | €210k | €222k | €185k |
| Fixed assets | 21/28 | €102k | €108k | €114k | €136k | €101k |
| Tangible fixed assets | 22/27 | €102k | €108k | €114k | €136k | €101k |
| Current assets | 29/58 | €244k | €217k | €96k | €86k | €84k |
| Stocks & contracts in progress | 3 | - | - | - | - | €2k |
| Amounts receivable within one year | 40/41 | €12k | €14k | €9k | €23k | €9k |
| Investments | 50/53 | €200k | - | - | - | - |
| Cash & bank | 54/58 | €32k | €203k | €86k | €63k | €73k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €346k | €325k | €210k | €222k | €185k |
| Equity | 10/15 | €338k | €309k | €205k | €202k | €172k |
| Contributions / capital | 10/11 | €89k | €89k | €89k | €89k | €89k |
| Reserves | 13 | €250k | €221k | €116k | €114k | €83k |
| Accumulated profits (losses) | 14 | €0 | - | - | - | - |
| Amounts payable | 17/49 | €8k | €16k | €5k | €20k | €13k |
| Amounts payable within one year | 42/48 | €7k | €16k | €4k | €20k | €13k |
| Trade debts payable within one year | 44 | €161 | €631 | €1k | €2k | €9k |
| Income statement | ||||||
| Gross operating margin | 9900 | €65k | €172k | €32k | €85k | €32k |
| Operating result | 9901 | €36k | €146k | €6k | €59k | €10k |
| Financial income | 75 | €671 | €473 | €93 | - | - |
| Financial charges | 65 | €238 | €183 | €158 | €91 | €154 |
| Result before taxes | 9903 | €37k | €146k | €6k | €59k | €9k |
| Income taxes | 67/77 | €7k | €42k | €3k | €14k | €4k |
| Net result for the period | 9904 | €29k | €104k | €3k | €45k | €5k |
| Result to be appropriated | 9905 | €29k | €104k | €3k | €45k | €12k |
Legal Structure
| NACE primary | Other business support services(82990) |
| Legal form | Private limited company(610) |
| Incorporation | 20-02-2001 |
| Status | Active |
| Postal code | 8691 |
Establishment units
HIFIVE
since 20012.131.861.644
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38015A0164/00K004 | Flanders | 665 m² | 1 · 144 m² | 9.0 m · 2 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 33.75
Current ratio from 13.97 to 33.75; short-term debt falls from €16k to €7k.
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €104k ▲3833%
Operating result €146k, net result €104k, both a record.
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €3k ▼94.1%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 22.00
Current ratio from 4.35 to 22.00; short-term debt falls from €20k to €4k.
17-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €202k ▲17.6%
2 profitable years in a row build equity to €202k.
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Other business support services82990Pre-press and pre-media services1813022250Retail trade47620Retail sale of newspapers and periodicals47621Other retail sale of new goods477895247052498Specialised image, lighting and sound technical services9039392313
Names & trade names
| Legal nameNL | HIFIVE |
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