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HIGHSKY

Open bankruptcy
Private limited company (pre-2019)founded 1992KBO/BCE: BE 0447.216.520
Summary

A bankruptcy procedure is open for HIGHSKY according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-178k) and a net result of €1k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
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 2023, micro schema

Equity
€-178k▲ 0.7%
2022 · €-179k
2018: €-182k 2019: €-188k 2020: €-197k 2021: €-205k 2022: €-179k
2018 → 2023
Total assets
€15k▼ 65.1%
2022 · €44k
2018: €31k 2019: €34k 2020: €24k 2021: €28k 2022: €44k
2018 → 2023
Net result
€1k▼ 95.4%
2022 · €26k
2018: €-6k 2019: €-6k 2020: €-9k 2021: €-7k 2022: €26k
2018 → 2023
Working capital
€-4k▲ 24.9%
2022 · €-5k
2018: €-10k 2019: €-14k 2020: €-23k 2021: €-30k 2022: €-5k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020202120222023Trend
Equity€-188k-€-197k▼ 5.0%€-205k▼ 3.8%€-179k▲ 12.6%€-178k▲ 0.7%
Operating result€-6k-€-9k▼ 56.9%€-6k▲ 32.9%€25k€1k▼ 94.5%
Net result€-6k-€-9k▼ 61.1%€-7k▲ 20.6%€26k€1k▼ 95.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20k€30kOperating result 2019: €-6k€-6kNet result 2019: €-6k€-6kOperating result 2020: €-9k€-9kNet result 2020: €-9k€-9kOperating result 2021: €-6k€-6kNet result 2021: €-7k€-7kOperating result 2022: €25k€25kNet result 2022: €26k€26kOperating result 2023: €1k€1kNet result 2023: €1k€1k20192020202120222023€-10k€0€10k€20k€30kOperating result 2021: €-6k€-6.1kNet result 2021: €-7k€-7.4kOperating result 2022: €25k€25kNet result 2022: €26k€26kOperating result 2023: €1k€1.3kNet result 2023: €1k€1.2k202120222023
The operating result falls in 2023; 2023 is 95% below 2022.
Key figures and ratios
2023 value · change against 2022
Current ratio
0.81
2022 · 0.90
Quick ratio
0.25
2022 · 0.68
Debt to equity
-1.09
2022 · -1.25
ROA
7.7%
2022 · 58.1%
Debt
€193k
2022 · €223k
Debt ≤ 1 year
€19k
2022 · €49k
Debt > 1 year
€174k=
2022 · €174k
A ratio outside any meaningful range has been withheld (balance sheet total €15k, equity €-178k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 36 lines
Balance sheet Code20222023
Assets
Total assets20/58€44k€15k
Current assets29/58€44k€15k
Stocks and contracts in progress3€11k€11k=
Stocks30/36€11k€11k=
Amounts receivable within one year40/41€27k€447
Trade receivables40€997-
Other amounts receivable41€26k€447
Cash at bank and in hand54/58€7k€4k
Equity and liabilities
Total equity and liabilities10/49€44k€15k
Equity10/15€-179k€-178k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-199k€-198k
Amounts payable17/49€223k€193k
Amounts payable after more than one year17€174k€174k=
Financial debts170/4€174k€174k=
Amounts payable within one year42/48€49k€19k
Trade debts44€17k€3k
Suppliers440/4€17k€3k
Taxes, remuneration and social security45€5k-
Taxes450/3€5k-
Other amounts payable47/48€28k€16k
Income statement Code20222023
Other operating charges640/8€137€62
Gross operating margin9900€25k€1k
Operating profit (loss)9901€25k€1k
Financial income75/76B€1k-
Recurring financial income75€1k-
Financial charges65/66B-€153
Recurring financial charges65-€153
Profit (loss) for the period before taxes9903€26k€1k
Profit (loss) for the period9904€26k€1k
Profit (loss) for the period to be appropriated9905€26k€1k
Appropriation of the result
Profit (loss) to be appropriated9906€-199k€-198k
Profit (loss) brought forward from the previous period14P€-225k€-199k

The notes to these accounts (4 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

2025
02-07
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 26-06-2025
2024
12-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 104 days late
2023
11-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 133 days late
2022
31-12
Financial Back to profitnet €26k
Net result €26k after 4 loss-making years.
20-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 81 days late
2021
18-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 110 days late
16-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 259 days late
2020
31-12
Financial Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
2019
25-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 117 days late
2018
31-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
2017
12-10
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 73 days late
27-01
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 180 days late
2015
15-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial 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, Dilsen-Stokkem · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
3,377 m²
Building footprint
159 m²
Volume, LiDAR
822 m³
Parcel 72005C0251/00Y000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
NACE 6024103
since 19922.057.549.251
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72005C0251/00Y000 Flanders 3,377 m² 1 · 159 m² 6.6 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.

Insolvency mandates

2 mandates
Role Name Tenure
Curator TOM ARTS
JAARBEURSLAAN 19/31, 3600 GENK-
26-06-2025present
Curator GEERT RENIERS
JAARBEURSLAAN 19/31, 3600 GENK
26-06-2025present

Similar companies · same sector, comparable size

Of 996 companies in sector 49420 we hold annual accounts for 450. 107 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded28-04-1992
Fiscal year end31-12
Activities, NACEBEL 2025
49420Removal services
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.