HIFSO
ActiveSummary
HIFSO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,188 and a net result of -€5,653. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
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Signals
This company filed its last 5 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 3,595 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,595 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,136 | €1,735 | ▼ 44.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €720 | €1,513 | €1,168 | €661 | €910 | ▲ 37.6% |
| Other operating charges640/8 | €1,560 | €861 | €1,323 | €739 | €174 | ▼ 76.4% |
| Gross operating margin9900 | €874 | €3,186 | €9,281 | €28,685 | -€4,396 | ▼ 115% |
| Operating profit (loss)9901 | -€1,406 | €812 | €6,790 | €27,284 | -€5,480 | ▼ 120% |
| Financial income75/76B | - | €14 | €0 | €3 | - | - |
| Recurring financial income75 | - | €14 | €0 | €3 | - | - |
| Financial charges65/66B | €887 | €1,065 | €1,276 | €1,078 | €173 | ▼ 83.9% |
| Recurring financial charges65 | €887 | €1,065 | €1,276 | €1,078 | €173 | ▼ 83.9% |
| Profit (loss) for the period before taxes9903 | -€2,293 | -€240 | €5,514 | €26,209 | -€5,653 | ▼ 122% |
| Income taxes67/77 | €1,138 | €1,347 | €2,455 | €9,410 | - | - |
| Profit (loss) for the period9904 | -€3,431 | -€1,586 | €3,059 | €16,799 | -€5,653 | ▼ 134% |
| Profit (loss) for the period to be appropriated9905 | -€3,431 | -€1,586 | €3,059 | €16,799 | -€5,653 | ▼ 134% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8,275 | €6,746 | €9,131 | €36,024 | €12,188 | ▼ 66.2% |
| Formation expenses20 | €905 | €679 | €452 | €226 | - | - |
| Fixed assets21/28 | €1,706 | €2,100 | €1,158 | €1,765 | €1,081 | ▼ 38.7% |
| Tangible fixed assets22/27 | €1,706 | €2,100 | €1,158 | €1,765 | €1,081 | ▼ 38.7% |
| Plant, machinery and equipment23 | - | €992 | €765 | €537 | €309 | ▼ 42.4% |
| Furniture and vehicles24 | €1,706 | €1,108 | €393 | €1,228 | €772 | ▼ 37.1% |
| Current assets29/58 | €5,664 | €3,967 | €7,521 | €34,033 | €11,106 | ▼ 67.4% |
| Amounts receivable within one year40/41 | €99 | €1,004 | €121 | €5,983 | €2,957 | ▼ 50.6% |
| Trade receivables40 | €99 | €1,004 | €121 | €5,937 | - | - |
| Other amounts receivable41 | - | - | - | €46 | €2,957 | ▲ 6,329% |
| Cash at bank and in hand54/58 | €4,349 | €1,670 | €5,868 | €28,050 | €8,150 | ▼ 70.9% |
| Deferred charges and accrued income490/1 | €1,216 | €1,294 | €1,532 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8,275 | €6,746 | €9,131 | €36,024 | €12,188 | ▼ 66.2% |
| Equity10/15 | -€431 | -€2,018 | €1,042 | €17,841 | €12,188 | ▼ 31.7% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€3,431 | -€5,018 | -€1,958 | €14,841 | €9,188 | ▼ 38.1% |
| Amounts payable17/49 | €8,706 | €8,764 | €8,090 | €18,184 | - | - |
| Amounts payable within one year42/48 | €8,006 | €7,786 | €7,812 | €18,184 | - | - |
| Trade debts44 | €18 | €860 | €375 | €4,932 | - | - |
| Suppliers440/4 | €18 | €860 | €375 | €4,932 | - | - |
| Taxes, remuneration and social security45 | €6,348 | €5,333 | €3,935 | €9,989 | - | - |
| Taxes450/3 | €6,348 | €5,333 | €3,935 | €9,989 | - | - |
| Other amounts payable47/48 | €1,640 | €1,593 | €3,502 | €3,263 | - | - |
| Accrued charges and deferred income492/3 | €700 | €978 | €278 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,431 | -€1,586 | €3,059 | €16,799 | -€5,653 | ▼ 134% |
| + Depreciation and write-downs630 | €720 | €1,513 | €1,168 | €661 | €910 | ▲ 37.6% |
| Operating cash flow (approximation) | -€2,711 | -€73 | €4,228 | €17,460 | -€4,743 | ▼ 127% |
| Investment in fixed assets (approximation) | - | -€1,907 | -€226 | -€1,268 | -€226 | ▲ 82.2% |
| Change in cash | - | -€2,679 | €4,199 | €22,182 | -€19,901 | ▼ 190% |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55402F0257/00G002indicative | Wallonia | 50 m² | 1 · 26 m² | 6.3 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.