Result
-€26,094 -€26,094
From profit to loss in 2025, after a profit of €26,918 in 2024.
HIKO
Lifetime
20 annual accounts with figures on one time axis, 21 filings since 2005peak €69,423 (2013)
€9,721▼ 85.1%
lowest -€26,094 (2025)
-€26,094▼ €53,012
peak €101,154 (2024)
€75,060▼ 25.8%
€160,787▼ 16.6%
Board2 names since 2023
2 directorsMALFROY Hilde and 1 other
Documentsfilings and deeds
21-05-202671 days before the deadline
2025micro format
Gross margin from €65,338 to €9,721Loss of €26,094Equity from €101,154 to €75,060Debts from €192,693 to €160,787Cash from €16,056 to €5,864
Key points
from the 2025 annual accountsFilings
21 annual accounts since 2005
Four of the last ten came late. The 2017 accounts came latest: 28 days after the end of the period.
Position in the sector
-€26,094
Lower net result than 88% of companies in sports and recreation. Sector median €3,711 · 2,877 companies.
Checked score
80
Excellent
Financially stronger than 36% of micro companies in sports and recreation (NACE 93)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 4,270 companies (NACE 93, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025lowest value
02-2026: 0.2%● unchanged vs 01-2026lowest value
03-2026: 0.2%● unchanged vs 02-2026lowest value
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.5%▲ +0.3 percentage points vs 05-2026highest value
07-2026: 0.5%● unchanged vs 06-2026highest value
08-2026: 0.5%● unchanged vs 07-2026highest value
09-2026: 0.5%● unchanged vs 08-2026highest value
10-2026: 0.5%● unchanged vs 09-2026highest value
11-2026: 0.5%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Loss of €26,094 (financial year 2025)
Liquidity: current ratio 0.38, cash €5,864, halved
lowers risk
Size: total assets €235,848
Sector: Sports, amusement and recreation activities (NACE 93)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 93, micro). It does better than 52% of them on solvency, 41% on liquidity, 31% on profitability and 20% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as HIKO has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HIKO itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,831 companies, not a prediction for HIKO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.38 (0.66 in 2024), below 1. Short-term debt is 21.3% and cash 2.5% of total assets. 68.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
71 days early
2024
72 days early
2023
70 days early
2022
48 days early
2021
60 days early
2020
58 days early
2019
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 50 days before the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0474144314
Company renamed from KOEN SCHEERLINCK to HIKO
Resignations: SCHEERLINCK Koen (manager) and MALFROY Hilde (manager) · Reappointments: MALFROY Hilde (director) and SCHEERLINCK Koen (director) · “Op het stuk van kinesitherapie,fysiotherapie en sportkinesitherapie zorgen te verstrekken aan patiënten,en ten…” (deed in Dutch) · General meeting of 12-09-2023 · Gazette deed
First establishment
Poeldeniersweg 6, Ninove
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HIKO Ninove | €235,848 | €9,721 | 31.8% | - |
| RIVER RANCH Deinze | €214,531 | €8,897 | -81.0% | - |
| DIMA Wetteren | €323,105 | €7,737 | 38.3% | - |
| BALPA Chimay | €202,720 | €13,847 | -2.4% | - |
| LA CASCADE DE FONTAINE VALMONT Merbes-le-Château | €280,303 | €13,112 | 22.1% | - |
| HOUTVELD STABLES Brussels | €239,419 | €9,358 | -50.9% | - |
| T.C. SPORTEC Geel | €239,182 | €10,801 | 91.5% | - |
These companies have the same main activity as HIKO: operation of sports facilities (NACE 93110). They are comparable in size and age: total assets between €203,000 and €323,000, founded between 1991 and 2005.
Official details
Source: KBO- Status
- Active since 21-02-2001Normal situation
- Activity
- Operation of sports facilitiesNACE 93110
- Establishment unit
- 2.146.667.4089400 Ninove, since 04-04-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 11-07-2025
Annual accounts 2025
- ≈ €57,000estimated
- €235,848▼ 19.7%
- Filing
- Filed on 21-05-2026, 71 days before the end of the filing period
Insights on HIKO
HIKO files the micro format. That format states no turnover. The gross margin fell from €26,080 in 2006 to €9,721 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HIKO
- What is the company number of HIKO?
- The company number of HIKO is 0474.144.314. The VAT number is the same number with BE in front: BE 0474.144.314.
- Where is HIKO based?
- The registered office is at Poeldeniersweg 6, 9400 Ninove.Company details
- What does HIKO do?
- According to the KBO register, the main activity is operation of sports facilities (NACE 93110).
- What is the legal form of HIKO?
- HIKO is a private limited company (BV).
- When was HIKO founded?
- HIKO was founded on 21-02-2001.
- Is HIKO still active?
- Yes, HIKO is an active enterprise in the KBO register.
- What is the turnover of HIKO?
- The turnover in financial year 2025 is ≈ €57,000. This figure is estimated from the gross margin of €9,721 and 45 comparable companies (NACE 931). It probably lies between €25,000 and €130,000. It is a rough estimate. In financial year 2021 turnover was €167,728.Financials
- Is HIKO profitable?
- In financial year 2025, HIKO made a loss of €26,094.
- Where can I find the annual accounts of HIKO?
- HIKO filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HIKO due?
- HIKO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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