HIGHTITUDE
ActiveSummary
HIGHTITUDE has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39,565 and a net result of -€5,906. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 32% of 9574 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability12=
Solvency59▼-41
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.42; short-term debt: 65.8% and cash: 17.5% of total assets), and 65.8% of the assets are financed with debt.
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Signals
Six 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% 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
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
34.2%
Return on assets
-5.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€5,906
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
23 d early
2023
12 d late
2022
23 d late
2021
18 d late
2020
31 d late
2019
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 13 August (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€39,565▼ 67.2%
2024 · €120,472
Total assets
€115,586▼ 4.4%
2024 · €120,909
Net result
-€5,906▲ 12.2%
2024 · -€6,725
Working capital
€31,602▼ 70.2%
2024 · €106,197
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€16,690▲ 135%€94,300▲ 465%-€15,566-€7,664▲ 50.8%-€8,076▼ 5.4%
Net result€11,406within the sector's middle half▲ 799%€94,559above the sector's middle half▲ 729%-€15,010below the sector's middle half-€6,725below the sector's middle half▲ 55.2%-€5,906below the sector's middle half▲ 12.2%
Equity€89,791within the sector's middle half▲ 14.6%€157,207within the sector's middle half▲ 75.1%€127,197within the sector's middle half▼ 19.1%€120,472within the sector's middle half▼ 5.3%€39,565within the sector's middle half▼ 67.2%
Total assets€99,676within the sector's middle half▲ 10.6%€169,608within the sector's middle half▲ 70.2%€131,762within the sector's middle half▼ 22.3%€120,909within the sector's middle half▼ 8.2%€115,586within the sector's middle half▼ 4.4%
Debt€9,885▼ 15.9%€12,401▲ 25.5%€4,565▼ 63.2%€437▼ 90.4%€76,021▲ 17,280%
Working capital€24,549within the sector's middle half▲ 73.0%€135,754above the sector's middle half▲ 453%€106,810within the sector's middle half▼ 21.3%€106,197within the sector's middle half▼ 0.6%€31,602within the sector's middle half▼ 70.2%
Solvency90.1%above the sector's middle half▲ 3.1pp92.7%above the sector's middle half▲ 2.6pp96.5%above the sector's middle half▲ 3.8pp99.6%above the sector's middle half▲ 3.1pp34.2%within the sector's middle half▼ 65.4pp
Current ratio3.48within the sector's middle half▲ 1.2811.95above the sector's middle half▲ 8.4624.40above the sector's middle half▲ 12.451.42within the sector's middle half
Return on assets (ROA)11.4%within the sector's middle half▲ 10.0pp55.8%above the sector's middle half▲ 44.3pp-11.4%below the sector's middle half▼ 67.1pp-5.6%below the sector's middle half▲ 5.8pp-5.1%below the sector's middle half▲ 0.5pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8,076 in 2025 against €7,664 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115,586
Fixed assets
€7,964 ▼ 44.2%
Current assets
€107,623 ▲ 0.9%
Equity and liabilities €115,586
Equity
€39,565 ▼ 67.2%
Debt
€76,021 ▲ 17,280%
Debt's share of the balance-sheet total rises from 0.4% to 65.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€461▼
2024 · -€173
Cash flow
€1,709▲
2024 · €766
Debt to equity
1.92▲
2024 · 0.00
ROE
-14.9%▼
2024 · -5.6%
Interest coverage
-1.22▼
2024 · -0.13
Debt ≤ 1 year
€76,021▲
2024 · €437
Income taxes
€107▼
2024 · €278
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 12,321 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €100,287 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,528 | €1,627 | €6,969 | €7,491 | €7,616 | ▲ 1.7% |
| Other operating charges640/8 | €512 | €527 | €678 | €2,590 | €330 | ▼ 87.3% |
| Non-recurring operating charges66A | - | €300 | - | - | - | - |
| Gross operating margin9900 | €18,729 | €96,754 | -€7,919 | €2,417 | -€130 | ▼ 105% |
| Operating profit (loss)9901 | €16,690 | €94,300 | -€15,566 | -€7,664 | -€8,076 | ▼ 5.4% |
| Financial income75/76B | €1,776 | €2,217 | €2,164 | €2,585 | €2,654 | ▲ 2.6% |
| Recurring financial income75 | €1,776 | €2,217 | €2,164 | €2,585 | €2,654 | ▲ 2.6% |
| Financial charges65/66B | €2,949 | €1,958 | €1,597 | €1,368 | €377 | ▼ 72.4% |
| Recurring financial charges65 | €2,949 | €1,958 | €1,597 | €1,368 | €377 | ▼ 72.4% |
| Profit (loss) for the period before taxes9903 | €15,517 | €94,559 | -€14,999 | -€6,447 | -€5,800 | ▲ 10.0% |
| Income taxes67/77 | €4,112 | - | €12 | €278 | €107 | ▼ 61.6% |
| Profit (loss) for the period9904 | €11,406 | €94,559 | -€15,010 | -€6,725 | -€5,906 | ▲ 12.2% |
| Profit (loss) for the period to be appropriated9905 | €11,406 | €94,559 | -€15,010 | -€6,725 | -€5,906 | ▲ 12.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €99,676 | €169,608 | €131,762 | €120,909 | €115,586 | ▼ 4.4% |
| Fixed assets21/28 | €65,242 | €21,453 | €20,387 | €14,274 | €7,964 | ▼ 44.2% |
| Tangible fixed assets22/27 | €2,298 | €21,183 | €20,117 | €14,004 | €7,694 | ▼ 45.1% |
| Plant, machinery and equipment23 | - | - | €780 | €499 | €217 | ▼ 56.5% |
| Furniture and vehicles24 | €2,298 | €21,183 | €19,337 | €13,506 | €7,477 | ▼ 44.6% |
| Financial fixed assets28 | €62,943 | €270 | €270 | €270 | €270 | = |
| Current assets29/58 | €34,434 | €148,155 | €111,375 | €106,635 | €107,623 | ▲ 0.9% |
| Amounts receivable after more than one year29 | - | €58,576 | €60,097 | €61,658 | €63,259 | ▲ 2.6% |
| Other amounts receivable291 | - | €58,576 | €60,097 | €61,658 | €63,259 | ▲ 2.6% |
| Amounts receivable within one year40/41 | €33,100 | €17,939 | €14,689 | €21,245 | €24,153 | ▲ 13.7% |
| Trade receivables40 | €4,977 | €4,205 | €1,997 | - | €6,224 | - |
| Other amounts receivable41 | €28,123 | €13,735 | €12,692 | €21,245 | €17,929 | ▼ 15.6% |
| Cash at bank and in hand54/58 | - | €70,306 | €35,049 | €22,290 | €20,211 | ▼ 9.3% |
| Deferred charges and accrued income490/1 | €1,334 | €1,334 | €1,539 | €1,442 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €99,676 | €169,608 | €131,762 | €120,909 | €115,586 | ▼ 4.4% |
| Equity10/15 | €89,791 | €157,207 | €127,197 | €120,472 | €39,565 | ▼ 67.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €69,332 | €136,748 | €106,738 | €100,012 | €19,106 | ▼ 80.9% |
| Amounts payable17/49 | €9,885 | €12,401 | €4,565 | €437 | €76,021 | ▲ 17,280% |
| Amounts payable within one year42/48 | €9,885 | €12,401 | €4,565 | €437 | €76,021 | ▲ 17,280% |
| Financial debts43 | €700 | - | - | - | - | - |
| Credit institutions430/8 | €700 | - | - | - | - | - |
| Trade debts44 | €1,834 | €168 | €65 | €159 | - | - |
| Suppliers440/4 | €1,834 | €168 | €65 | €159 | - | - |
| Taxes, remuneration and social security45 | €7,351 | €12,233 | €4,500 | €278 | €23,521 | ▲ 8,350% |
| Taxes450/3 | €7,351 | €12,233 | €4,500 | €278 | €23,521 | ▲ 8,350% |
| Other amounts payable47/48 | - | - | - | - | €52,500 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,406 | €94,559 | -€15,010 | -€6,725 | -€5,906 | ▲ 12.2% |
| + Depreciation and write-downs630 | €1,528 | €1,627 | €6,969 | €7,491 | €7,616 | ▲ 1.7% |
| Operating cash flow (approximation) | €12,933 | €96,186 | -€8,042 | €766 | €1,709 | ▲ 123% |
| Investment in fixed assets (approximation) | - | €42,162 | -€5,903 | -€1,379 | -€1,305 | ▲ 5.3% |
| Change in cash | - | - | -€35,257 | -€12,759 | -€2,079 | ▲ 83.7% |
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
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 10current ratio 243.79
Current ratio from 24.40 to 243.79; short-term debt falls from €4,565 to €437.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-12
Financial
Weakest financial yearnet -€15,010
Net result drops to -€15,010, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 24.40
Current ratio from 11.95 to 24.40; short-term debt falls from €12,401 to €4,565.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Highest result since 2018net €94,559 ▲729%
Operating result €94,300, net result €94,559, both a record.
31-12
Financial
Liquidity triplescurrent ratio 11.95
Current ratio from 3.48 to 11.95.
31-12
Financial
Equity above €150,000Eq €157,207 ▲75.1%
5 profitable years in a row build equity to €157,207.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Show earlier events
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Pieters-Woluwe · 1 establishment unit since 1995
Ground area
558 m²
Building footprint
238 m²
Volume, LiDAR
2,799 m³
2 parcels, Brussels · tallest building 20.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Elyzeese Veldenstraat 42, 1050 Elsene
since 19952.069.862.412
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21442A0287/02S002 | Brussels | 379 m² | 1 · 155 m² | 20.4 m · 4 fl. |
| 21683D0358/00Y053 | Brussels | 179 m² | 1 · 83 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Cabinet d'Architecte Vincent DUCULOT
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DOLEMCO
BE 0839.647.044
Sint-Truiden · Eq €39,556
Denayer Architecten
BE 0770.755.862
Brasschaat · Eq €39,555
HAP ARCHITECTEN
BE 0896.115.890
Ranst · Eq €39,579
VELCORO
BE 0752.514.023
Erpe-Mere · Eq €39,549
Of 18,254 companies in sector 71111 we hold annual accounts for 6,323. 5,167 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 (pre-2019)
Founded09-01-1995
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
47789Other retail sale of new goods
73110Advertising agencies
E-invoicing
Not found in the Peppol register
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 September 2026 · Peppol Directory
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