HIGHTOWER
ActiveSummary
The computed 12-month bankruptcy probability of HIGHTOWER is 2.8% (moderate). For HIGHTOWER, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €46,123 and a net result of €7,066. Equity is growing by ~4.2% per year across the filed fiscal years. The company has been active since 2015 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability76▲+7
Solvency34▲+1
Growth52▲+5
Track record84
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
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 2022Solvency, return and age of the figures
Solvency
9%
Return on assets
1.4%
Age of the figures
45 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 11-12-2023, 133 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
133 d late
2021
306 d late
2020
318 d late
2019
447 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 301 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
UBO non-complianceStrikeout withdrawn
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Turnover
€46,617▲ 15.1%
2021 · €40,499
EBIT margin
30.5%▲ 6.4pp
2021 · 24.0%
Net result
€7,066▲ 329%
2021 · €1,649
Working capital
€41,354▼ 17.0%
2021 · €49,854
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
Line20182019202020212022
Turnover€42,739-€40,640▼ 4.9%€40,176▼ 1.1%€40,499▲ 0.8%€46,617▲ 15.1%
Operating result€3,813--€2,331€9,400€9,724▲ 3.4%€14,199▲ 46.0%
Net result-€4,723--€10,819▼ 129%€1,474€1,649▲ 11.9%€7,066▲ 329%
EBIT margin8.9%--5.7%▼ 14.7pp23.4%▲ 29.1pp24.0%▲ 0.6pp30.5%▲ 6.4pp
Equity€46,752-€35,934▼ 23.1%€37,408▲ 4.1%€39,057▲ 4.4%€46,123▲ 18.1%
Total assets€575,889-€547,665▼ 4.9%€527,853▼ 3.6%€511,022▼ 3.2%€510,094▼ 0.2%
Debt€529,137-€511,731▼ 3.3%€490,445▼ 4.2%€471,965▼ 3.8%€463,971▼ 1.7%
Working capital€50,373-€43,603▼ 13.4%€46,298▲ 6.2%€49,854▲ 7.7%€41,354▼ 17.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2019 the operating result has climbed three years in a row; 2022 is 46% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €510,094
Fixed assets
€399,461 ▼ 2.4%
Current assets
€110,633 ▲ 8.8%
Equity and liabilities €510,094
Equity
€46,123 ▲ 18.1%
Debt
€463,971 ▼ 1.7%
Debt's share of the balance-sheet total falls from 92.4% to 91.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€42,036▲
2021 · €36,275
Cash flow
€34,903▲
2021 · €28,200
Current ratio
1.60▼
2021 · 1.96
Debt to equity
10.06▼
2021 · 12.08
ROE
15.3%▲
2021 · 4.2%
ROA
1.4%▲
2021 · 0.3%
Interest coverage
5.22▲
2021 · 4.04
Debt ≤ 1 year
€69,279▲
2021 · €51,870
Debt > 1 year
€394,692▼
2021 · €420,095
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €42,739 | €40,640 | €40,176 | €40,499 | €46,617 | ▲ 15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,157 | €26,551 | €26,551 | €26,551 | €27,837 | ▲ 4.8% |
| Other operating charges640/8 | - | - | €4,225 | €4,224 | €4,581 | ▲ 8.5% |
| Non-recurring operating charges66A | - | - | €0 | €0 | - | - |
| Gross operating margin9900 | €42,739 | €40,640 | €40,176 | €40,499 | €46,617 | ▲ 15.1% |
| Operating profit (loss)9901 | €3,813 | -€2,331 | €9,400 | €9,724 | €14,199 | ▲ 46.0% |
| Financial income75/76B | - | - | €1,576 | €901 | €918 | ▲ 1.9% |
| Recurring financial income75 | €1,783 | €1,688 | €1,576 | €901 | €918 | ▲ 1.9% |
| Financial charges65/66B | - | - | €9,502 | €8,976 | €8,051 | ▼ 10.3% |
| Recurring financial charges65 | €10,319 | €10,176 | €9,502 | €8,976 | €8,051 | ▼ 10.3% |
| Profit (loss) for the period before taxes9903 | -€4,723 | -€10,819 | €1,474 | €1,649 | €7,066 | ▲ 329% |
| Profit (loss) for the period9904 | -€4,723 | -€10,819 | €1,474 | €1,649 | €7,066 | ▲ 329% |
| Profit (loss) for the period to be appropriated9905 | -€4,723 | -€10,819 | €1,474 | €1,649 | €7,066 | ▲ 329% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €575,889 | €547,665 | €527,853 | €511,022 | €510,094 | ▼ 0.2% |
| Fixed assets21/28 | €488,951 | €462,401 | €435,849 | €409,298 | €399,461 | ▼ 2.4% |
| Tangible fixed assets22/27 | €488,950 | €462,400 | €435,848 | €409,297 | €399,460 | ▼ 2.4% |
| Land and buildings22 | - | - | €435,848 | €409,297 | €399,460 | ▼ 2.4% |
| Financial fixed assets28 | €1 | €1 | €1 | €1 | €1 | = |
| Current assets29/58 | €86,938 | €85,264 | €92,004 | €101,724 | €110,633 | ▲ 8.8% |
| Amounts receivable within one year40/41 | €86,913 | €84,714 | €91,727 | €101,465 | €110,633 | ▲ 9.0% |
| Trade receivables40 | - | - | €46,688 | €55,526 | €63,775 | ▲ 14.9% |
| Other amounts receivable41 | - | - | €45,039 | €45,939 | €46,858 | ▲ 2.0% |
| Current investments50/53 | - | - | €277 | €259 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €25 | €550 | - | - | €0 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €575,889 | €547,665 | €527,853 | €511,022 | €510,094 | ▼ 0.2% |
| Equity10/15 | €46,752 | €35,934 | €37,408 | €39,057 | €46,123 | ▲ 18.1% |
| Contributions10/11 | €72,001 | €72,001 | €72,001 | €72,001 | €72,001 | = |
| Capital10 | - | - | €72,001 | - | - | - |
| Issued capital100 | - | - | €72,001 | - | - | - |
| Profit (loss) carried forward14 | -€25,248 | -€36,067 | -€34,593 | -€32,944 | -€25,878 | ▲ 21.4% |
| Amounts payable17/49 | €529,137 | €511,731 | €490,445 | €471,965 | €463,971 | ▼ 1.7% |
| Amounts payable after more than one year17 | €492,572 | €468,907 | €444,739 | €420,095 | €394,692 | ▼ 6.0% |
| Financial debts170/4 | - | - | €444,739 | €420,095 | €394,692 | ▼ 6.0% |
| Amounts payable within one year42/48 | €36,565 | €41,661 | €45,706 | €51,870 | €69,279 | ▲ 33.6% |
| Current portion of amounts payable after more than one year42 | - | - | €24,168 | €24,646 | €25,092 | ▲ 1.8% |
| Financial debts43 | - | - | - | €1,462 | €2,740 | ▲ 87.4% |
| Credit institutions430/8 | - | - | - | €1,462 | €2,740 | ▲ 87.4% |
| Trade debts44 | €13,325 | €17,962 | €21,538 | €25,114 | €40,799 | ▲ 62.5% |
| Suppliers440/4 | - | - | €21,538 | €25,114 | €40,799 | ▲ 62.5% |
| Taxes, remuneration and social security45 | - | - | - | €648 | €648 | = |
| Taxes450/3 | - | - | - | €648 | €648 | = |
| Accrued charges and deferred income492/3 | - | - | €0 | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,723 | -€10,819 | €1,474 | €1,649 | €7,066 | ▲ 329% |
| + Depreciation and write-downs630 | €28,157 | €26,551 | €26,551 | €26,551 | €27,837 | ▲ 4.8% |
| Operating cash flow (approximation) | €23,433 | €15,732 | €28,025 | €28,200 | €34,903 | ▲ 23.8% |
| Investment in fixed assets (approximation) | - | -€1 | €1 | €0 | -€18,000 | - |
| Change in cash | - | €525 | - | - | - | - |
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
2024
21-05
KBO administration
UBO non-compliance
event 06-05-2024
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 133 days late
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 306 days late
2022
31-12
Financial
Highest result since 2018net €7,066 ▲329%
Operating result €14,199, net result €7,066, both a record.
24-06
KBO administration
Strikeout withdrawn
event 14-06-2022
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 318 days late
2021
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 447 days late
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 789 days late
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 1154 days late
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 1519 days late
2020
31-12
Financial
Back to profitnet €1,474
Net result €1,474 after 2 loss-making years.
2019
31-12
Financial
Weakest financial yearnet -€10,819
Net result drops to -€10,819, the lowest in the series; recovery starts the following year.
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Antwerpen
Ground area
833 m²
Building footprint
500 m²
Volume, LiDAR
12,038 m³
Parcel 11810K2750/00E003, Flanders · tallest building 32.0 m, ±10 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K2750/00E003 | Flanders | 833 m² | 1 · 500 m² | 32.0 m · 10 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded21-09-2015
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.