HIGH END ELECTRO
ActiveSummary
HIGH END ELECTRO has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173k and a net result of €87k. Equity is growing by ~41.6% per year across the filed fiscal years. Its solvency ranks better than 82% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+40
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 6.81 against 27.95 in 2024; short-term debt: 13.5% and cash: 75.1% of total assets), and 14.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.8%
Return on assets
43.5%
Age of the figures
15 mo
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 22-12-2025, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
40 d early
2024
28 d early
2023
7 d early
2022
1 d early
2021
6 d early
2020
44 d early
2019
9 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€173k▲ 103%
2024 · €85k
Total assets
€201k▲ 130%
2024 · €87k
Net result
€87k
2024 · €-6k
Working capital
€158k▲ 156%
2024 · €62k
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€32k▲ 447%€76k▲ 138%€21k▼ 71.9%€-6k€128k
Net result€22k▲ 380%€50k▲ 129%€13k▼ 75.1%€-6k€87k
Equity€46k▲ 93.9%€96k▲ 111%€91k▼ 4.9%€85k▼ 6.8%€173k▲ 103%
Total assets€146k▲ 264%€218k▲ 49.2%€114k▼ 47.7%€87k▼ 23.3%€201k▲ 130%
Debt€100k▲ 502%€122k▲ 21.4%€23k▼ 81.5%€2k▼ 89.9%€28k▲ 1,144%
Working capital€20k▲ 45.3%€46k▲ 126%€51k▲ 12.1%€62k▲ 20.0%€158k▲ 156%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €128k after a loss of €6k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €201k
Fixed assets
€16k ▼ 32.6%
Current assets
€185k ▲ 190%
Equity and liabilities €201k
Equity
€173k ▲ 103%
Debt
€28k ▲ 1,144%
Debt's share of the balance-sheet total rises from 2.6% to 14.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€140k▲
2024 · €11k
Cash flow
€100k▲
2024 · €11k
Current ratio
6.81▼
2024 · 27.95
Debt to equity
0.16▲
2024 · 0.03
ROE
50.7%▲
2024 · -7.3%
ROA
43.5%▲
2024 · -7.1%
Interest coverage
102.46▲
2024 · 8.58
Debt ≤ 1 year
€27k▲
2024 · €2k
Income taxes
€40k▲
2024 · €240
Staff costs
€3k▼
2024 · €4k
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €6k | €3k | €4k | €3k | ▼ 34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €18k | €16k | €17k | €13k | ▼ 24.8% |
| Other operating charges640/8 | - | €2k | €6k | €1k | €1k | ▼ 21.8% |
| Non-recurring operating charges66A | - | €519 | - | - | - | - |
| Gross operating margin9900 | €47k | €103k | €46k | €17k | €144k | ▲ 751% |
| Operating profit (loss)9901 | €32k | €76k | €21k | €-6k | €128k | ▲ 2,400% |
| Financial income75/76B | - | €2k | €941 | €941 | €1k | ▲ 50.4% |
| Recurring financial income75 | €966 | €2k | €941 | €941 | €1k | ▲ 50.4% |
| Financial charges65/66B | - | €2k | €2k | €1k | €1k | ▲ 3.3% |
| Recurring financial charges65 | €2k | €2k | €2k | €1k | €1k | ▲ 3.3% |
| Profit (loss) for the period before taxes9903 | €31k | €76k | €21k | €-6k | €128k | ▲ 2,252% |
| Income taxes67/77 | €9k | €25k | €8k | €240 | €40k | ▲ 16,678% |
| Profit (loss) for the period9904 | €22k | €50k | €13k | €-6k | €87k | ▲ 1,517% |
| Profit (loss) for the period to be appropriated9905 | €22k | €50k | €13k | €-6k | €87k | ▲ 1,517% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €146k | €218k | €114k | €87k | €201k | ▲ 130% |
| Fixed assets21/28 | €34k | €58k | €40k | €23k | €16k | ▼ 32.6% |
| Intangible fixed assets21 | €2k | €1k | €535 | - | - | - |
| Tangible fixed assets22/27 | €32k | €57k | €39k | €23k | €16k | ▼ 32.6% |
| Plant, machinery and equipment23 | - | €21k | €15k | €9k | €8k | ▼ 4.1% |
| Furniture and vehicles24 | - | €36k | €24k | €15k | €8k | ▼ 48.9% |
| Current assets29/58 | €112k | €160k | €74k | €64k | €185k | ▲ 190% |
| Stocks and contracts in progress3 | €476 | €476 | €28k | €34k | - | - |
| Stocks30/36 | - | €476 | €17k | €20k | - | - |
| Contracts in progress37 | - | - | €11k | €14k | - | - |
| Amounts receivable within one year40/41 | €6k | €23k | €26k | €21k | €34k | ▲ 60.9% |
| Trade receivables40 | - | €21k | €10k | €3k | €7k | ▲ 116% |
| Other amounts receivable41 | - | €2k | €15k | €18k | €28k | ▲ 51.6% |
| Cash at bank and in hand54/58 | €55k | €137k | €20k | €4k | €151k | ▲ 3,266% |
| Deferred charges and accrued income490/1 | - | - | - | €4k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €146k | €218k | €114k | €87k | €201k | ▲ 130% |
| Equity10/15 | €46k | €96k | €91k | €85k | €173k | ▲ 103% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €39k | €90k | €85k | €85k | €166k | ▲ 95.6% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €88k | €83k | €83k | €164k | ▲ 97.8% |
| Profit (loss) carried forward14 | €-7k | - | - | €-6k | - | - |
| Amounts payable17/49 | €100k | €122k | €23k | €2k | €28k | ▲ 1,144% |
| Amounts payable after more than one year17 | €8k | €8k | - | - | - | - |
| Financial debts170/4 | - | €8k | - | - | - | - |
| Amounts payable within one year42/48 | €92k | €114k | €23k | €2k | €27k | ▲ 1,089% |
| Current portion of amounts payable after more than one year42 | - | €6k | €17k | - | - | - |
| Trade debts44 | €62k | €63k | €97 | €2k | €6k | ▲ 148% |
| Suppliers440/4 | - | €63k | €97 | €2k | €6k | ▲ 148% |
| Taxes, remuneration and social security45 | - | €44k | €6k | - | €22k | - |
| Taxes450/3 | - | €43k | €6k | - | €22k | - |
| Remuneration and social security454/9 | - | €2k | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €1k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €50k | €13k | €-6k | €87k | ▲ 1,517% |
| + Depreciation and write-downs630 | €8k | €18k | €16k | €17k | €13k | ▼ 24.8% |
| Operating cash flow (approximation) | €30k | €69k | €29k | €11k | €100k | ▲ 831% |
| Investment in fixed assets (approximation) | - | €-43k | €2k | €-479 | €-5k | ▼ 972% |
| Change in cash | - | €81k | €-117k | €-16k | €147k | ▲ 1,045% |
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
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Back to profitnet €87k
Net result €87k after one loss-making year.
30-06
Financial
Equity above €150kEq €173k ▲103%
Equity rises from €85k to €173k.
03-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity times 9current ratio 27.95
Current ratio from 3.27 to 27.95; short-term debt falls from €23k to €2k.
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Liquidity doublescurrent ratio 3.27
Current ratio from 1.40 to 3.27; short-term debt falls from €114k to €23k.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
Show earlier events
22-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
12-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
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.
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Directors · office · real estate
Directors
2 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, Lier · 1 establishment unit since 2005
Ground area
203 m²
Building footprint
73 m²
Volume, LiDAR
424 m³
Parcel 12393F0102/00M009, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HEE
since 20052.150.511.180
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12393F0102/00M009 | Flanders | 203 m² | 1 · 73 m² | 8.8 m · 2 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.
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,742. 1,369 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-10-2005
Fiscal year end30-06
Abbreviation EN
H.E.E.
Activities, NACEBEL 2025
62900Other information technology and computer services
46140Agents in the wholesale of industrial machinery, ships and aircraft
Scores and ratios are computed by Checked and are not a credit decision.