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Hillaert

Active
Private limited companyfounded 201511 yrs activeMagerstraat(HEU) 134, 9070 Destelbergen, BelgiumKBO/BCE: BE 0507.890.812
Summary

Hillaert has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €251,952 and a net result of €120,261. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 36% of 32341 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
HillaertActiveChecked score 91/100
Risk analysis ReportCompare

Overview

Activity
Plastering work
NACE 43310
1 site
Size
€733,872total assets 2025
Staff
2 FTE
Equity
€251,952
Profit
€120,261
Turnover not published (abridged schema)
Financial health
91 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Accounts 81 d early1 of 4 deeds read
Why 91- 1 change of registered office in 24 months+ Liquidity: current ratio 1.78, cash €566,983+ Size: total assets €733,872+ Figures for FY 2025 (filed 12-05-2026)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Better than 52% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 59-15
equity 34.3% of total assets
Liquidity 76-6
short-term debt 49.1% · cash 77.3%
Profitability 89-8
return on assets 16.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,133 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%▲ +1.8% vs 03-2025 05-2025: 0.1%▲ +1.7% vs 04-2025 06-2025: 0.1%● 0.0% vs 05-2025 07-2025: < 0.1%▼ -16.9% vs 06-2025 08-2025: < 0.1%● 0.0% vs 07-2025 09-2025: < 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%▼ -6.1% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%▲ +2.2% vs 02-2026 04-2026: < 0.1%▼ -2.1% vs 03-2026lowest value 05-2026: 0.1%▲ +193% vs 04-2026 06-2026: 0.1%▲ +2.2% vs 05-2026highest value 07-2026: 0.1%● 0.0% vs 06-2026highest value 08-2026: 0.1%● 0.0% vs 07-2026highest value 09-2026: 0.1%● 0.0% vs 08-2026highest value 10-2026: 0.1%● 0.0% vs 09-2026highest value
  • 1 change of registered office in 24 months raises the probability
  • Liquidity: current ratio 1.78, cash €566,983 lowers the probability
  • Size: total assets €733,872 lowers the probability for this profile
  • Figures for FY 2025 (filed 12-05-2026) lowers the probability
Credit up to €22,000 at 30 days acceptable
Liquidity ample (current ratio 1.78 against 2.14 in 2024; short-term debt: 49.1% and cash: 77.3% of total assets), but 65.7% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 36%, liquidity 74%, profitability 75%, growth against the median 22%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Liquidity: current ratio 1.78, cash €566,983
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Size: total assets €733,872
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 12-05-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
81 d early
2024
34 d early
2023
43 d early
2022
33 d early
2021
39 d early
2020
38 d early
2019
46 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 45 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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. Usually files around 22 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Registered officeRegistered-office move · Power of…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Among the best 5% on net resultsector median €10,073 · 32,329 companies €120,261 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €120,261 8 years View
  • Flemish supportawarded 2022 - 2025 €119,548 View

By topic

Financials

Fiscal year
2025
Total assets
€733,872
Profit
€120,261
Solvency
34.3%
Total assets▲ 25.0%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 11-05-2026Annual accounts filed
  2. 09-04-2026Registered office
  3. 27-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Plastering workNACE 43310
Founded
05-01-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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