Summary
HILL has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €11.2m and a net result of €219,577. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 77% of 483 sector peers (fiscal year 2025). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
25 d late
2023
on the day
2022
30 d late
2021
15 d early
2020
31 d early
2019
6 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#1 oldest company in Ronse, Telecoms and IT sector#2 company by total assets in Ronse, Telecoms and IT sector#2 company by equity in Ronse, Telecoms and IT sector
Equity
€11.2m▲ 2.0%
2024 · €11.0m
Total assets
€14.2m▲ 21.6%
2024 · €11.7m
Net result
€219,577▲ 61.4%
2024 · €136,056
Working capital
-€2.4m
2024 · €642,424
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
Line20212022202320242025
Operating result€1.6m-€111,480-€148,201▼ 32.9%-€191,155▼ 29.0%-€101,896▲ 46.7%
Net result€1.8m▲ 3,765%€1.3m▼ 27.7%€83,702▼ 93.7%€136,056▲ 62.5%€219,577▲ 61.4%
Equity€9.4m▲ 23.1%€10.8m▲ 14.4%€10.9m▲ 0.8%€11.0m▲ 1.3%€11.2m▲ 2.0%
Total assets€10.4m▲ 23.0%€11.8m▲ 13.9%€11.6m▼ 2.2%€11.7m▲ 0.8%€14.2m▲ 21.6%
Debt€964,416▲ 28.8%€1.1m▲ 9.5%€711,761▼ 32.6%€670,431▼ 5.8%€3.0m▲ 343%
Working capital€1.5m€950,993▼ 36.9%€642,072▼ 32.5%€642,424▲ 0.1%-€2.4m
Staff (FTE)0.6=0.6=0.6=2▲ 233%2=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €101,896 in 2025 against €191,155 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.2m
Fixed assets
€13.9m ▲ 29.8%
Current assets
€335,775 ▼ 66.3%
Equity and liabilities €14.2m
Equity
€11.2m ▲ 2.0%
Debt
€3.0m ▲ 343%
Debt's share of the balance-sheet total rises from 5.7% to 20.9%. Equity and debt are higher.
Key figures and ratios
ROE
2.0%▲
2024 · 1.2%
ROA
1.5%▲
2024 · 1.2%
Debt ≤ 1 year
€2.7m▲
2024 · €354,076
Debt > 1 year
€235,094▼
2024 · €293,589
Income taxes
€10,407▼
2024 · €10,438
Staff costs
€64,269▲
2024 · €63,953
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €1.9m | - | - | - | €79,998 | - |
| Remuneration, social security and pensions62 | €23,235 | €23,970 | €26,633 | €63,953 | €64,269 | ▲ 0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €156,054 | €46,659 | €55,334 | €59,217 | €65,675 | ▲ 10.9% |
| Other operating charges640/8 | €8,922 | €14,839 | €18,302 | €16,628 | €16,738 | ▲ 0.7% |
| Gross operating margin9900 | €1.8m | -€26,012 | -€47,932 | -€51,357 | €44,786 | ▲ 187% |
| Operating profit (loss)9901 | €1.6m | -€111,480 | -€148,201 | -€191,155 | -€101,896 | ▲ 46.7% |
| Financial income75/76B | €640,371 | €1.6m | €204,723 | €344,187 | €345,821 | ▲ 0.5% |
| Recurring financial income75 | €138,339 | €128,764 | €204,723 | €344,187 | €345,821 | ▲ 0.5% |
| Non-recurring financial income76B | €502,032 | €1.5m | - | - | - | - |
| Financial charges65/66B | €221,299 | €122,088 | -€27,648 | €6,538 | €13,941 | ▲ 113% |
| Recurring financial charges65 | €25,311 | €122,088 | -€27,648 | €6,538 | €13,941 | ▲ 113% |
| Non-recurring financial charges66B | €195,988 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €2.0m | €1.4m | €84,170 | €146,494 | €229,984 | ▲ 57.0% |
| Transfer from deferred taxes780 | €42,227 | - | - | - | - | - |
| Income taxes67/77 | €193,720 | €30,499 | €468 | €10,438 | €10,407 | ▼ 0.3% |
| Profit (loss) for the period9904 | €1.8m | €1.3m | €83,702 | €136,056 | €219,577 | ▲ 61.4% |
| Transfer from tax-exempt reserves789 | €126,681 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €2.0m | €1.3m | €83,702 | €136,056 | €219,577 | ▲ 61.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10.4m | €11.8m | €11.6m | €11.7m | €14.2m | ▲ 21.6% |
| Fixed assets21/28 | €8.4m | €10.3m | €10.6m | €10.7m | €13.9m | ▲ 29.8% |
| Tangible fixed assets22/27 | €1.5m | €2.1m | €2.3m | €2.4m | €2.5m | ▲ 2.8% |
| Land and buildings22 | €1.4m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Plant, machinery and equipment23 | €3,831 | €10,696 | €8,812 | €27,184 | €20,594 | ▼ 24.2% |
| Furniture and vehicles24 | €69,592 | €61,383 | €58,155 | €44,354 | €38,966 | ▼ 12.1% |
| Other tangible fixed assets26 | €4,350 | €562,750 | €728,850 | €852,810 | €931,290 | ▲ 9.2% |
| Financial fixed assets28 | €6.9m | €8.1m | €8.3m | €8.3m | €11.4m | ▲ 37.6% |
| Current assets29/58 | €2.0m | €1.6m | €994,792 | €996,500 | €335,775 | ▼ 66.3% |
| Amounts receivable after more than one year29 | €600,000 | €300,000 | - | €92,062 | €23,015 | ▼ 75.0% |
| Other amounts receivable291 | €600,000 | €300,000 | - | €92,062 | €23,015 | ▼ 75.0% |
| Amounts receivable within one year40/41 | €105,864 | €249,029 | €13,464 | €11,053 | €15,669 | ▲ 41.8% |
| Trade receivables40 | €8,997 | €9,029 | €10,934 | €11,053 | €15,669 | ▲ 41.8% |
| Other amounts receivable41 | €96,867 | €240,000 | €2,530 | - | - | - |
| Current investments50/53 | €1.0m | €411,174 | €451,696 | €675,063 | €231 | ▼ 100.0% |
| Cash at bank and in hand54/58 | €260,840 | €597,761 | €521,198 | €199,522 | €284,829 | ▲ 42.8% |
| Deferred charges and accrued income490/1 | €11,733 | €14,139 | €8,434 | €18,800 | €12,031 | ▼ 36.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10.4m | €11.8m | €11.6m | €11.7m | €14.2m | ▲ 21.6% |
| Equity10/15 | €9.4m | €10.8m | €10.9m | €11.0m | €11.2m | ▲ 2.0% |
| Contributions10/11 | €5.7m | €5.7m | €5.7m | €5.7m | €5.7m | = |
| Capital10 | €5.7m | €5.7m | €5.7m | €5.7m | €5.7m | = |
| Issued capital100 | €5.7m | €5.7m | €5.7m | €5.7m | €5.7m | = |
| Outside capital11 | €29 | €29 | €29 | €29 | €29 | = |
| Share premium1100/10 | €29 | €29 | €29 | €29 | €29 | = |
| Revaluation surpluses12 | €616,180 | €638,768 | €638,768 | €638,768 | €638,768 | = |
| Reserves13 | €3.1m | €4.5m | €4.5m | €4.7m | €4.9m | ▲ 4.7% |
| Non-distributable reserves130/1 | €208,000 | €278,000 | €283,000 | €290,000 | €313,000 | ▲ 7.9% |
| Legal reserve130 | €208,000 | €278,000 | €283,000 | €290,000 | €313,000 | ▲ 7.9% |
| Distributable reserves133 | €2.9m | €4.2m | €4.3m | €4.4m | €4.6m | ▲ 4.5% |
| Amounts payable17/49 | €964,416 | €1.1m | €711,761 | €670,431 | €3.0m | ▲ 343% |
| Amounts payable after more than one year17 | €470,416 | €412,099 | €353,166 | €293,589 | €235,094 | ▼ 19.9% |
| Financial debts170/4 | €470,416 | €412,099 | €353,166 | €293,589 | €235,094 | ▼ 19.9% |
| Amounts payable within one year42/48 | €473,665 | €621,110 | €352,720 | €354,076 | €2.7m | ▲ 670% |
| Current portion of amounts payable after more than one year42 | €57,698 | €58,317 | €58,933 | €59,578 | €58,494 | ▼ 1.8% |
| Financial debts43 | - | - | - | €90,000 | - | - |
| Credit institutions430/8 | - | - | - | €90,000 | - | - |
| Trade debts44 | €11,654 | €12,179 | €7,184 | €4,633 | €4,850 | ▲ 4.7% |
| Suppliers440/4 | €11,654 | €12,179 | €7,184 | €4,633 | €4,850 | ▲ 4.7% |
| Taxes, remuneration and social security45 | €4,611 | €36,288 | €5,772 | €23,524 | €22,568 | ▼ 4.1% |
| Taxes450/3 | €500 | €32,109 | €1,031 | €11,297 | €9,655 | ▼ 14.5% |
| Remuneration and social security454/9 | €4,111 | €4,179 | €4,741 | €12,227 | €12,913 | ▲ 5.6% |
| Other amounts payable47/48 | €399,702 | €514,326 | €280,831 | €176,341 | €2.6m | ▲ 1,396% |
| Accrued charges and deferred income492/3 | €20,335 | €22,839 | €5,875 | €22,766 | €10,699 | ▼ 53.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.8m | €1.3m | €83,702 | €136,056 | €219,577 | ▲ 61.4% |
| + Depreciation and write-downs630 | €156,054 | €46,659 | €55,334 | €59,217 | €65,675 | ▲ 10.9% |
| Operating cash flow (approximation) | €2.0m | €1.4m | €139,036 | €195,273 | €285,252 | ▲ 46.1% |
| Investment in fixed assets (approximation) | - | -€1.9m | -€372,060 | -€152,235 | -€3.2m | ▼ 2,032% |
| Change in cash | - | €336,921 | -€76,563 | -€321,676 | €85,307 | ▲ 127% |
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
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Equity above €10mEq €10.8m ▲14.4%
5 profitable years in a row build equity to €10.8m.
16-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €1.8m ▲3,765%
Operating result €1.6m, net result €1.8m, both a record.
31-12
Financial
Liquidity times 12current ratio 4.18
Current ratio from 0.34 to 4.18; short-term debt falls from €712,363 to €473,665.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €5,167 ▼96.9%
Net result drops to €5,167, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Ronse · 1 establishment unit since 1987
Ground area
1,370 m²
Building footprint
2,472 m²
Parcel 45422D1544/00B000, Flanders. Linked by address, not a title deed.
1 establishment unit
TUYTENS P.TEXTIEL
since 19872.033.337.754
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45422D1544/00B000 | Flanders | 1,370 m² | 1 · 2,472 m² | - |
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.
Structure & network
Owners and holdings
4 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 4
-
30%
-
28.69%
-
28.68%
-
28.68%
According to the 2025 annual accounts of HILL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 3,149 companies in sector 63920 we hold annual accounts for 1,524. 103 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded13-02-1987
Fiscal year end31-12
Activities, NACEBEL 2025
46423Wholesale of clothing, excluding workwear and underwear
63920Other information service activities
64210Activities of holding companies
68110Buying and selling of own real estate
90120Visual arts creation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0430475706
Registered
20-11-2020
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.