HILAMI
HILAMI is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (€-409k) and a net result of €-68k. Equity is shrinking by ~15% per year across the filed fiscal years. Its solvency ranks better than 5% of 7837 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-409k |
| Net result | €-68k |
| Better than sector | 5% |
| Active | 20 yrs |
Strong profile, led by stability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -395.9% | 51.3% | |
| Net result | €-68k | €33k | |
| Equity | €-409k | €132k | |
| Gross operating margin | €-35k | €63k | |
| Total assets | €103k | €337k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | full schema | full schema | full schema |
| Revenue | n/a | n/a | n/a | n/a | n/a |
| EBITDA | n/a | n/a | n/a | n/a | n/a |
| Net profit | €-68k | €-42k | €-55k | €32k | €7k |
| Cash flow | n/a | n/a | n/a | n/a | n/a |
| Staff costs | - | - | - | €21 | - |
| Income taxes | €15k | - | €-2k | €2k | €6k |
| Dividends | - | - | - | - | - |
| Total assets | €103k | €127k | €190k | €238k | €249k |
| Equity | €-409k | €-341k | €-300k | €-245k | €-277k |
| Debt | €512k | €469k | €489k | €483k | €526k |
| of which ≤ 1y | €165k | €109k | €72k | €362k | €430k |
| of which > 1y | €348k | €360k | €417k | €121k | €86k |
| Working capital | n/a | n/a | n/a | n/a | n/a |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | n/a | n/a | n/a | n/a | n/a |
| Quick ratio | n/a | n/a | n/a | n/a | n/a |
| Working capital ratio | n/a | n/a | n/a | n/a | n/a |
| Solvency | -395.9% | -268.1% | -158.2% | -103.1% | -111.2% |
| Debt / equity | n/a | n/a | n/a | n/a | n/a |
| Long-term debt ratio | n/a | n/a | n/a | n/a | n/a |
| Interest coverage | n/a | n/a | n/a | n/a | n/a |
| Gross margin | n/a | n/a | n/a | n/a | n/a |
| Net margin | n/a | n/a | n/a | n/a | n/a |
| ROA | -65.5% | -32.6% | -28.9% | 13.4% | 3.0% |
| ROE | 16.6% | 12.2% | 18.3% | -13.0% | -2.7% |
| EBITDA margin | n/a | n/a | n/a | n/a | n/a |
| Days sales outstanding | n/a | n/a | n/a | n/a | n/a |
| Days payable outstanding | n/a | n/a | n/a | n/a | n/a |
| Inventory turnover | n/a | n/a | n/a | n/a | n/a |
| Days inventory (DSI) | n/a | n/a | n/a | n/a | n/a |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €103k | €127k | €190k | €238k | €249k |
| Fixed assets | 21/28 | €13k | €23k | €37k | €59k | €80k |
| Intangible fixed assets | 21 | €0 | - | - | - | - |
| Tangible fixed assets | 22/27 | €4k | €14k | €29k | €51k | €72k |
| Financial fixed assets | 28 | €8k | €8k | €8k | €8k | €8k |
| Current assets | 29/58 | €91k | €105k | €152k | €179k | €169k |
| Amounts receivable within one year | 40/41 | €89k | €100k | €123k | €171k | €13k |
| Cash & bank | 54/58 | €2k | €3k | €30k | €8k | €153k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €103k | €127k | €190k | €238k | €249k |
| Equity | 10/15 | €-409k | €-341k | €-300k | €-245k | €-277k |
| Contributions / capital | 10/11 | €12k | €12k | €12k | €12k | €12k |
| Reserves | 13 | €4k | €4k | €4k | €4k | €4k |
| Accumulated profits (losses) | 14 | €-425k | €-358k | €-316k | €-261k | €-293k |
| Amounts payable | 17/49 | €512k | €469k | €489k | €483k | €526k |
| Amounts payable after one year | 17 | €348k | €360k | €417k | €121k | €86k |
| Amounts payable within one year | 42/48 | €165k | €109k | €72k | €362k | €430k |
| Trade debts payable within one year | 44 | €48k | €45k | €34k | €34k | €41k |
| Income statement | ||||||
| Turnover | 70 | €0 | - | - | - | - |
| Gross operating margin | 9900 | €-35k | €-23k | €45k | €70k | €49k |
| Operating result | 9901 | €-51k | €-38k | €21k | €38k | €20k |
| Financial income | 75 | €36 | €0 | - | - | €117 |
| Financial charges | 65 | €3k | €4k | €5k | €5k | €6k |
| Result before taxes | 9903 | €-53k | €-42k | €-57k | €34k | €13k |
| Income taxes | 67/77 | €15k | - | €-2k | €2k | €6k |
| Net result for the period | 9904 | €-68k | €-42k | €-55k | €32k | €7k |
| Result to be appropriated | 9905 | €-68k | €-42k | €-55k | €32k | €7k |
| NACE primary | Activities of holding companies(64210) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 09-05-2006 |
| Status | Active |
| Postal code | 1000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D0819/00R000 | Brussels | 6,581 m² | 1 · 5,789 m² | 21.9 m · 6 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
04-10-2024 Registered office moved from Elsene to Brussel
- Marsveldplein 5, 1050 Elsene → Ravensteingalerij 25, 1000 Brussel
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Ravensteingalerij 25, 1000 Brussel",
"city": "Brussel",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Ravensteingalerij",
"country": "BE",
"postcode": "1000",
"box_number": null,
"street_number": "25",
"locality_suffix": null
},
"old_address": {
"raw": "Marsveldplein 5, 1050 Elsene",
"city": "Elsene",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Marsveldplein",
"country": "BE",
"postcode": "1050",
"box_number": null,
"street_number": "5",
"locality_suffix": null
},
"effective_date": "2024-06-03",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2024-09-26",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2024-06-03",
"unanimous": null
},
"subject_company": {
"kbo": "0881.189.768",
"name_full": "HILAMI",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "ACERTA Ondernemingsloket VZW",
"person_name": null,
"org_rep_person_name": "Liesbet Desmedt",
"person_role_at_subject": null
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad",
"Annexes du Moniteur belge"
]
}22-07-2022 Registered office moved within Brussel
- Etterbeeksesteenweg 62 te 1000 Brussel → Bastion Tower, Marsveldplein 5 te 1050 Brussel
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Bastion Tower, Marsveldplein 5 te 1050 Brussel",
"city": "Brussel",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Marsveldplein",
"country": "BE",
"postcode": "1050",
"box_number": null,
"street_number": "5",
"locality_suffix": null
},
"old_address": {
"raw": "Etterbeeksesteenweg 62 te 1000 Brussel",
"city": "Brussel",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Etterbeeksesteenweg",
"country": "BE",
"postcode": "1000",
"box_number": null,
"street_number": "62",
"locality_suffix": null
},
"effective_date": "2022-07-01",
"evidence_quote": "Uit de notulen blijkt dat het bestuursorgaan haar goedkeuring heeft verleend tot wijziging van het adres van de maatschappelijke zetel.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-07-22",
"filing_date": "2022-06-20",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2022-06-20",
"unanimous": null
},
"subject_company": {
"kbo": "0881.189.768",
"name_full": "Hilami BV",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Ahmed Hilami",
"org_rep_person_name": null,
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": [
"Uittreksel uit de notulen van de vergadering van het bestuursorgaan van Hilami BV d.d. 20 juni 2022"
]
}| Legal nameNL | HILAMI |