HIKARU
ActiveHIKARU has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €319k and a net result of €77k. Equity is growing by ~30.5% per year across the filed fiscal years. Its solvency ranks better than 85% of 8969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
100
/ 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth52=
Stability94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 5.34 against 3.09 in 2023), and 13.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
86.9%
Return on assets
21.1%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
47 d late
2022
64 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€319k▲ 32.0%
2023 · €242k
2022: €172k
2023: €242k
2022 → 2024
Total assets
€367k▲ 16.1%
2023 · €316k
2022: €234k
2023: €316k
2022 → 2024
Net result
€77k▲ 10.4%
2023 · €70k
2022: €171k
2023: €70k
2022 → 2024
Working capital
€208k▲ 34.0%
2023 · €155k
2022: €127k
2023: €155k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€172k-€242k▲ 40.8%€319k▲ 32.0%
Operating result€219k-€91k▼ 58.4%€100k▲ 9.9%
Net result€171k-€70k▼ 59.0%€77k▲ 10.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 10% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €367k
Fixed assets
€111k▲ 28.4%
Current assets
€256k▲ 11.5%
Equity and liabilities €367k
Equity
€319k▲ 32.0%
Debt
€48k▼ 35.5%
The debt ratio falls from 23.5% to 13.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€104k▲
2023 · €100k
Cash flow
€81k▲
2023 · €79k
Solvency
86.9%▲
2023 · 76.5%
Current ratio
5.34▲
2023 · 3.09
Quick ratio
5.34▲
2023 · 3.09
Debt / equity
0.15▼
2023 · 0.31
ROE
24.2%▼
2023 · 29.0%
ROA
21.1%▼
2023 · 22.2%
Interest coverage
298.36▲
2023 · 184.42
Debt
€48k▼
2023 · €74k
Debt ≤ 1 year
€48k▼
2023 · €74k
Income taxes
€22k▲
2023 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€316k€367k▲
Fixed assets21/28€87k€111k▲
Tangible fixed assets22/27€87k€111k▲
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€2k€1k▼
Other tangible fixed assets26€80k€107k▲
Current assets29/58€230k€256k▲
Amounts receivable within one year40/41€14k€34k▲
Trade receivables40€14k€34k▲
Cash at bank and in hand54/58€215k€222k▲
Equity and liabilities
Total equity and liabilities10/49€316k€367k▲
Equity10/15€242k€319k▲
Contributions10/11€1k€1k=
Reserves13€241k€318k▲
Distributable reserves133€241k€318k▲
Amounts payable17/49€74k€48k▼
Amounts payable within one year42/48€74k€48k▼
Trade debts44€39k€29k▼
Suppliers440/4€39k€29k▼
Taxes, remuneration and social security45€30k€13k▼
Taxes450/3€30k€13k▼
Other amounts payable47/48€6k€5k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€4k▼
Other operating charges640/8€779€4k▲
Non-recurring operating charges66A-€100
Gross operating margin9900€101k€108k▲
Operating profit (loss)9901€91k€100k▲
Financial charges65/66B€543€348▼
Recurring financial charges65€543€348▼
Profit (loss) for the period before taxes9903€90k€100k▲
Income taxes67/77€20k€22k▲
Profit (loss) for the period9904€70k€77k▲
Profit (loss) for the period to be appropriated9905€70k€77k▲
Appropriation of the result
Profit (loss) to be appropriated9906€70k€77k▲
Transfer to equity691/2€70k€77k▲
To other reserves6921€70k€77k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
16-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 47 days late
2023
31-12
Financial
Weakest financial yearnet €70k ▼59%
Net result drops to €70k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €242k ▲40.8%
2 profitable years in a row build equity to €242k.
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brugge · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Calvariebergstraat 348000 BruggeGround area
229 m²
Building footprint
165 m²
Volume, LiDAR
982 m³
Parcel 31805E0253/00T004, Flanders · tallest building 12.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Calvariebergstraat 34, 8000 Brugge
since 20212.319.434.702
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31805E0253/00T004 | Flanders | 228 m² | 1 · 165 m² | 12.3 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.
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Of 9,807 companies in sector 73110 we hold annual accounts for 3,724. 2,488 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-05-2021
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.