Highsail
ActiveSummary
Highsail has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€97,439) and a net result of -€107,439. Its solvency ranks better than 6% of 17123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 7.15; short-term debt: 7.6% and cash: 49.4% of total assets), but equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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
-26.2%
Return on assets
-28.9%
Age of the figures
9 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Equity
-€97,439
Total assets
€371,705
Net result
-€107,439
Working capital
€173,791
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €371,705
Fixed assets
€169,651
Current assets
€202,053
Key figures and ratios
EBITDA
-€83,938
Cash flow
-€106,981
Solvency
-26.2%
Current ratio
7.15
Debt to equity
-4.81
ROA
-28.9%
Interest coverage
-2.73
Debt
€469,144
Debt ≤ 1 year
€28,262
Debt > 1 year
€400,000
Income taxes
-€5,601
Staff costs
€45,689
Annual accounts
| Line | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €45,689 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €458 |
| Other operating charges640/8 | €787 |
| Gross operating margin9900 | -€37,462 |
| Operating profit (loss)9901 | -€84,396 |
| Financial income75/76B | €2,058 |
| Recurring financial income75 | €2,058 |
| Financial charges65/66B | €30,702 |
| Recurring financial charges65 | €30,702 |
| Profit (loss) for the period before taxes9903 | -€113,041 |
| Income taxes67/77 | -€5,601 |
| Profit (loss) for the period9904 | -€107,439 |
| Profit (loss) for the period to be appropriated9905 | -€107,439 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €371,705 | |
| Fixed assets21/28 | €169,651 | |
| Intangible fixed assets21 | €166,409 | |
| Tangible fixed assets22/27 | €3,243 | |
| Furniture and vehicles24 | €3,243 | |
| Current assets29/58 | €202,053 | |
| Amounts receivable within one year40/41 | €18,509 | |
| Other amounts receivable41 | €18,509 | |
| Cash at bank and in hand54/58 | €183,446 | |
| Deferred charges and accrued income490/1 | €98 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €371,705 | |
| Equity10/15 | -€97,439 | |
| Contributions10/11 | €10,000 | |
| Profit (loss) carried forward14 | -€107,439 | |
| Amounts payable17/49 | €469,144 | |
| Amounts payable after more than one year17 | €400,000 | |
| Other amounts payable178/9 | €400,000 | |
| Amounts payable within one year42/48 | €28,262 | |
| Financial debts43 | €218 | |
| Credit institutions430/8 | €218 | |
| Trade debts44 | €18,340 | |
| Suppliers440/4 | €18,340 | |
| Taxes, remuneration and social security45 | €9,704 | |
| Remuneration and social security454/9 | €9,704 | |
| Accrued charges and deferred income492/3 | €40,882 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€107,439 |
| + Depreciation and write-downs630 | €458 |
| Operating cash flow (approximation) | -€106,981 |
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
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Gent · 1 establishment unit since 2024
Ground area
3,071 m²
Building footprint
522 m²
Volume, LiDAR
107 m³
Parcel 44032A0520/00A000, Flanders · tallest building 8.1 m. Linked by address, not a title deed.
38
companies at this address
See who is registered here
1 establishment unit
Highsail
since 20242.368.105.639
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0520/00A000 | Flanders | 3,071 m² | 1 · 522 m² | 8.1 m |
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.
Similar companies · same sector and region
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 16,901 companies in sector 62100 we hold annual accounts for 8,775. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-12-2024
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
Contact
Website
www.highsail.com
Scores and ratios are computed by Checked and are not a credit decision.