Skip to content

HIGHTECH2

Active Risk: low
General partnershipfounded 2015active for 11 yearsRue Ernest Solvay 23, 4040 Herstal, BelgiumKBO/BCE: BE 0600.917.176
Summary

HIGHTECH2 has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2017 annual accounts show equity of €12,187 and a net result of -€1,014. The computed 12-month bankruptcy probability is 0.9% (low).

Financials · financial year 2017, micro format

2018 annual accounts not yet filed, deadline passed on 31 July 2019 Financial year closed on 31 December 2018; filing due at the latest 7 months after the close (Companies Code art. 3:10). 8 financial years without a filing since the last one filed. Source: NBB filings, as of 27 October 2026.

Turnover
€64,820
EBIT margin
4.3%
Net result
-€1,014
2016 · €957
Working capital
€12,187▼ 7.7%
2016 · €13,201
Trend over the years

2016 to 2017, 2 financial years

The operating result falls in 2017; 2017 is 48% below 2016.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€1,444 2017 Net result-€1,014 2017

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20162017
Turnover€64,820-
Operating result€2,759-€1,444▼ 47.7%
Net result€957--€1,014
EBIT margin4.3%-
Equity€13,201-€12,187▼ 7.7%
Total assets€19,933-€182,582▲ 816%
Debt€6,732-€170,395▲ 25×
Working capital€13,201-€12,187▼ 7.7%
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Equity and liabilities €182,582
Equity €12,187 ▼ 7.7%
Debt €170,395 ▲ 25×
Debt's share of the balance-sheet total rises from 33.8% to 93.3%. Equity is lower and debt is higher.
Key figures and ratios
2017 value · change against 2016
Current ratio
1.07▼
2016 · 2.96
Quick ratio
0.77▼
2016 · 2.96
ROE
-8.3%▼
2016 · 7.2%
ROA
-0.6%▼
2016 · 4.8%
Debt ≤ 1 year
€170,395▲
2016 · €6,732
Income taxes
€2,227▲
2016 · €1,788
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2017 against 2016 · 39 lines
Balance sheet Code20162017
Assets
Total assets20/58€19,933€182,582▲
Current assets29/58€19,933€182,582▲
Stocks and contracts in progress3-€52,043
Amounts receivable within one year40/41€2,442€12,240▲
Trade receivables40€2,442-
Cash at bank and in hand54/58€17,491€80,799▲
Equity and liabilities
Total equity and liabilities10/49€19,933€182,582▲
Equity10/15€13,201€12,187▼
Contributions10/11€1,000€1,000=
Capital10€1,000-
Issued capital100€1,000-
Reserves13€610€610=
Legal reserve130€610-
Profit (loss) carried forward14€11,591€10,577▼
Amounts payable17/49€6,732€170,395▲
Amounts payable within one year42/48€6,732€170,395▲
Trade debts44€1,243€4,302▲
Suppliers440/4€1,243-
Taxes, remuneration and social security45€5,218-
Taxes450/3€5,218-
Other amounts payable47/48€271-
Income statement Code20162017
Turnover70€64,820-
Non-recurring operating income76A€364-
Goods, raw materials, services and sundry goods60/61€64,361-
Non-recurring operating charges66A€600-
Gross operating margin9900€3,359€3,812▲
Operating profit (loss)9901€2,759€1,444▼
Financial income75/76B€22-
Recurring financial income75€22€2▼
Financial charges65/66B€36-
Recurring financial charges65€36€234▲
Profit (loss) for the period before taxes9903€2,745€1,213▼
Income taxes67/77€1,788€2,227▲
Profit (loss) for the period9904€957-€1,014▼
Profit (loss) for the period to be appropriated9905€957-€1,014▼
Appropriation of the result
Profit (loss) to be appropriated9906€11,639-
Profit (loss) brought forward from the previous period14P€10,682-
Transfer to equity691/2€48-
To the legal reserve6920€48-
Line20162017Change
Turnover70€64,820--
Non-recurring operating income76A€364--
Goods, raw materials, services and sundry goods60/61€64,361--
Non-recurring operating charges66A€600--
Gross operating margin9900€3,359€3,812▲ 13.5%
Operating profit (loss)9901€2,759€1,444▼ 47.7%
Financial income75/76B€22--
Recurring financial income75€22€2▼ 90.3%
Financial charges65/66B€36--
Recurring financial charges65€36€234▲ 549%
Profit (loss) for the period before taxes9903€2,745€1,213▼ 55.8%
Income taxes67/77€1,788€2,227▲ 24.5%
Profit (loss) for the period9904€957-€1,014-
Profit (loss) for the period to be appropriated9905€957-€1,014-
Line20162017Change
Assets
Total assets20/58€19,933€182,582▲ 816%
Current assets29/58€19,933€182,582▲ 816%
Stocks and contracts in progress3-€52,043-
Amounts receivable within one year40/41€2,442€12,240▲ 401%
Trade receivables40€2,442--
Cash at bank and in hand54/58€17,491€80,799▲ 362%
Equity and liabilities
Total equity and liabilities10/49€19,933€182,582▲ 816%
Equity10/15€13,201€12,187▼ 7.7%
Contributions10/11€1,000€1,000=
Capital10€1,000--
Issued capital100€1,000--
Reserves13€610€610=
Legal reserve130€610--
Profit (loss) carried forward14€11,591€10,577▼ 8.7%
Amounts payable17/49€6,732€170,395▲ 25×
Amounts payable within one year42/48€6,732€170,395▲ 25×
Trade debts44€1,243€4,302▲ 246%
Suppliers440/4€1,243--
Taxes, remuneration and social security45€5,218--
Taxes450/3€5,218--
Other amounts payable47/48€271--
Line20162017Change
Profit (loss) for the period9904€957-€1,014-
Operating cash flow (approximation)€957-€1,014-
Change in cash-€63,308-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2017 micro format 31-07-2018 2018-41500598
31-12-2016 micro format 28-08-2017 2017-48900034

Similar companies · same sector, comparable size

Of the 3,385 active companies whose main activity is specialised image, lighting and sound technical services (NACE 90393), figures are known for 968. 549 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.