Hill's Corp
ActiveHill's Corp has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 4860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▲+25
Solvency26▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.09 against 0.18 in 2024; short-term debt: 53% and cash: 2.2% of total assets), and 98.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1.5%
Return on assets
1.4%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 4860 sector peers (2025).
NBB · sector comparisonPosition among 4860 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-05-2026, 29 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 · 7 filingsDeviation from the deadline
2025
29 d late
2024
64 d late
2023
on the day
2022
3 d early
2021
38 d late
2020
3 d early
2019
55 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7k
2024 · €-12k
2019: €14k
2020: €-16k
2021: €33k
2022: €544
2023: €-19k
2024: €-12k
2019 → 2025
Working capital
€-240k▼ 8.7%
2024 · €-221k
2019: €4k
2020: €-15k
2021: €-11k
2022: €-16k
2023: €-235k
2024: €-221k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€31k▲ 1.8%€12k▼ 60.9%€308▼ 97.5%€7k▲ 2,318%
Operating result€39k-€2k▼ 93.8%€-3k€4k€20k▲ 389%
Net result€33k-€544▼ 98.4%€-19k€-12k▲ 37.4%€7k
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 389% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €499k
Fixed assets
€474k▲ 5.1%
Current assets
€25k▼ 48.4%
Equity and liabilities €499k
Equity
€7k▲ 2,318%
Debt
€491k▼ 1.5%
The debt ratio falls from 99.9% to 98.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€48k▲
2024 · €27k
Cash flow
€35k▲
2024 · €11k
Solvency
1.5%▲
2024 · 0.1%
Current ratio
0.09▼
2024 · 0.18
Quick ratio
0.05▼
2024 · 0.13
Debt / equity
66.05
ROE
95.9%
ROA
1.4%▲
2024 · -2.4%
Interest coverage
3.62▲
2024 · 1.28
Debt
€491k▼
2024 · €499k
Debt ≤ 1 year
€265k▼
2024 · €269k
Debt > 1 year
€226k▼
2024 · €230k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€499k€499k=
Fixed assets21/28€451k€474k▲
Tangible fixed assets22/27€451k€474k▲
Land and buildings22€328k€319k▼
Plant, machinery and equipment23€81k€111k▲
Furniture and vehicles24€30k€28k▼
Other tangible fixed assets26€12k€16k▲
Current assets29/58€48k€25k▼
Stocks and contracts in progress3€13k€10k▼
Stocks30/36€13k€10k▼
Amounts receivable within one year40/41€30k€3k▼
Trade receivables40€29k€2k▼
Other amounts receivable41€840€865▲
Cash at bank and in hand54/58€4k€11k▲
Deferred charges and accrued income490/1€1k€538▼
Equity and liabilities
Total equity and liabilities10/49€499k€499k=
Equity10/15€308€7k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-6k€1k▲
Amounts payable17/49€499k€491k▼
Amounts payable after more than one year17€230k€226k▼
Financial debts170/4€230k€226k▼
Amounts payable within one year42/48€269k€265k▼
Current portion of amounts payable after more than one year42€15k€19k▲
Trade debts44€25k€9k▼
Suppliers440/4€25k€9k▼
Taxes, remuneration and social security45€4k-
Taxes450/3€4k-
Other amounts payable47/48€224k€236k▲
Accrued charges and deferred income492/3€0€784▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€28k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-6k-
Other operating charges640/8€4k€5k▲
Non-recurring operating charges66A€6k-
Gross operating margin9900€32k€53k▲
Operating profit (loss)9901€4k€20k▲
Financial income75/76B€5k€7▼
Recurring financial income75€5k€7▼
Financial charges65/66B€21k€13k▼
Recurring financial charges65€21k€13k▼
Profit (loss) for the period before taxes9903€-12k€7k▲
Profit (loss) for the period9904€-12k€7k▲
Profit (loss) for the period to be appropriated9905€-12k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€1k▲
Profit (loss) brought forward from the previous period14P€6k€-6k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 29 days late
2025
30-09
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 64 days late
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-19k ▼3613%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 38 days late
2021
30-09
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 55 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Comines-Warneton · 1 establishment unit since 2019
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.
Iepersteenweg(WAA) 17784 Comines-WarnetonGround area
87 m²
Building footprint
88 m²
Volume, LiDAR
865 m³
Parcel 54009C0067/00W002, Wallonia · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hill's Corp
since 20192.285.690.677
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54009C0067/00W002 | Wallonia | 87 m² | 1 · 88 m² | 12.3 m · 3 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 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,155 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-12-2018
Fiscal year end30-09
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
10712Artisanal bread and fresh pastry making
10890Manufacture of food products
17210Manufacture of paper and paper products
47241Retail sale of bread and pastry (bakery outlets)
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.