Hilfra
Open bankruptcyA bankruptcy procedure is open for Hilfra according to publications in the Belgian State Gazette; curator: KATTY SOMERS. The 2024 annual accounts show negative equity (€-214k) and a net result of €-206k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-214k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
8 d late
2022
29 d early
2021
54 d early
2020
86 d early
2019
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-214k▼ 2,761%
2023 · €-7k
2018: €36k
2019: €63k
2020: €192k
2021: €274k
2022: €242k
2023: €-7k
2018 → 2024
Total assets
€1.60M▼ 2.0%
2023 · €1.63M
2018: €1.19M
2019: €1.22M
2020: €1.63M
2021: €2.19M
2022: €1.93M
2023: €1.63M
2018 → 2024
Net result
€-206k▲ 17.4%
2023 · €-250k
2018: €17k
2019: €27k
2020: €130k
2021: €82k
2022: €-32k
2023: €-250k
2018 → 2024
Working capital
€-284k▼ 184%
2023 · €-100k
2018: €-73k
2019: €19k
2020: €212k
2021: €215k
2022: €378k
2023: €-100k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€192k-€274k▲ 42.5%€242k▼ 11.6%€-7k€-214k▼ 2,761%
Operating result€150k-€80k▼ 46.5%€-48k€-239k▼ 399%€-187k▲ 21.8%
Net result€130k-€82k▼ 37.0%€-32k€-250k▼ 687%€-206k▲ 17.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €187k in 2024 against €239k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.60M
Fixed assets
€533k▼ 25.2%
Current assets
€1.06M▲ 16.1%
Key figures and ratios
EBITDA
€3k▲
2023 · €-22k
Cash flow
€-16k▲
2023 · €-32k
Solvency
-13.4%▼
2023 · -0.5%
Current ratio
0.79▼
2023 · 0.90
Quick ratio
0.38▲
2023 · 0.37
Debt / equity
-8.46
ROA
-12.9%▲
2023 · -15.3%
Interest coverage
0.07▲
2023 · -0.69
Debt
€1.81M▲
2023 · €1.64M
Debt ≤ 1 year
€1.35M▲
2023 · €1.02M
Debt > 1 year
€463k▼
2023 · €620k
Income taxes
€142▼
2023 · €479
Staff costs
€344k▲
2023 · €303k
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€1.63M€1.60M▼
Fixed assets21/28€713k€533k▼
Intangible fixed assets21€41k-
Tangible fixed assets22/27€672k€533k▼
Land and buildings22€359k€323k▼
Plant, machinery and equipment23€130k€84k▼
Furniture and vehicles24€170k€114k▼
Leasing and similar rights25€13k€12k▼
Current assets29/58€916k€1.06M▲
Stocks and contracts in progress3€542k€557k▲
Stocks30/36€542k€557k▲
Amounts receivable within one year40/41€322k€444k▲
Trade receivables40€241k€308k▲
Other amounts receivable41€80k€135k▲
Cash at bank and in hand54/58€26k€46k▲
Deferred charges and accrued income490/1€26k€16k▼
Equity and liabilities
Total equity and liabilities10/49€1.63M€1.60M▼
Equity10/15€-7k€-214k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-28k€-234k▼
Amounts payable17/49€1.64M€1.81M▲
Amounts payable after more than one year17€620k€463k▼
Financial debts170/4€620k€463k▼
Amounts payable within one year42/48€1.02M€1.35M▲
Current portion of amounts payable after more than one year42€828k€918k▲
Financial debts43-€32k
Other loans439-€32k
Trade debts44€179k€354k▲
Suppliers440/4€179k€354k▲
Taxes, remuneration and social security45€9k€23k▲
Taxes450/3€4k€9k▲
Remuneration and social security454/9€5k€14k▲
Other amounts payable47/48-€20k
Income statement
Code20232024
Non-recurring operating income76A-€488
Remuneration, social security and pensions62€303k€344k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€218k€190k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€385▼
Other operating charges640/8€21k€30k▲
Non-recurring operating charges66A€6k-
Gross operating margin9900€310k€377k▲
Operating profit (loss)9901€-239k€-187k▲
Financial income75/76B€22k€27k▲
Recurring financial income75€22k€27k▲
Financial charges65/66B€32k€46k▲
Recurring financial charges65€32k€46k▲
Profit (loss) for the period before taxes9903€-249k€-206k▲
Income taxes67/77€479€142▼
Profit (loss) for the period9904€-250k€-206k▲
Profit (loss) for the period to be appropriated9905€-250k€-206k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-250k€-234k▲
Profit (loss) brought forward from the previous period14P-€-28k
Transfer from equity791/2€222k-
Social balance
Average headcount (FTE)90874.04.2▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
01-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · HILFRA BV DRIJHOEK 44, 2310 RIJKEVORSEL · event 26-05-2026
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 8 days late
2023
31-12
Financial
Weakest financial yearnet €-250k
Net result drops to €-250k, the lowest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €274k ▲42.5%
4 profitable years in a row build equity to €274k.
06-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €130k ▲381%
Operating result €150k, net result €130k, both a record.
31-12
Financial
Equity above €150kEq €192k ▲207%
3 profitable years in a row build equity to €192k.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Rijkevorsel · 1 establishment unit since 2023
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.
Drijhoek 442310 RijkevorselGround area
1,507 m²
Building footprint
228 m²
Volume, LiDAR
1,626 m³
Parcel 13502D0212/00H000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hilfra
since 20232.343.987.281
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13502D0212/00H000 | Flanders | 1,507 m² | 1 · 228 m² | 9.8 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KATTY SOMERS BISSCHOPSLAAN 24, 2340 BEERSE- |
26-05-2026 → present |
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 21,063 EUR awarded · 21,063 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,250 EUR | 2,250 EUR |
| 2024 | 1 | 3,813 EUR | 3,813 EUR |
| 2023 | 1 | 7,500 EUR | 7,500 EUR |
| 2022 | 1 | 7,500 EUR | 7,500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,803 companies in sector 46831 we hold annual accounts for 1,397. 978 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-06-2017
Fiscal year end31-12
Activities, NACEBEL
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.