Hillewaere
ActiveSummary
Hillewaere has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €347,378 and a net result of €153,359. Equity has been growing by about 53% per year since 2021. Its solvency ranks better than 34% of 12,775 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Official details
Source: KBO- Status
- Active since 03-12-2019 Normal situation
- Activity
- Retail trade NACE 47222and 3 others
- Joint committee
- 201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2025
- Establishment units
- 2.296.521.817 8830 Hooglede, since 03-12-2019
- 2.342.445.773 8820 Torhout, since 20-12-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
- HilletilleDirector · permanent representative Lukas Hillewaere
- HILLEWAERE PIETER-JANDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.4%
- Gross margin
- €764,321
- Turnover
- ≈ €3.7m
- estimated
- Profit
- €153,359
- Equity
- €347,378
- Total assets
- €1.5m
- Employees on 31-12-2025
- 5
Score breakdownraises riskFounded in 2019Size: 16.8 FTE, total assets €1.5mLiquidity: current ratio 0.93, cash €50,723lowers riskFigures for financial year 2025 (filed on 07-07-2026)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small). It does better than 39% of them on solvency, 50% on liquidity and 80% on profitability.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 5 accounts on average 3 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
Key points
Recent changes
- · Gazette deed Resignations: Lukas Hillewaere, Pieter-Jan Hillewaere and Fien TillemanAppointments: HILLETILLE (director) and HILLEWAERE PIETER-JAN (director) · Permanent representatives: Lukas Hillewaere and Pieter-Jan Hillewaere
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Hillewaere: retail trade (NACE 47222). They are comparable in size and age: total assets between €660,000 and €2.6m, founded between 2012 and 2023.
| Company | Total assets | Gross margin |
|---|---|---|
| Hillewaere Hooglede | €1.5m | €0.8m |
| SLAGERIJ MYLLE Kortrijk | €1.9m | €1.9m |
| ITINA Schaarbeek | €2.6m | €0.8m |
| CORNELIS KIP Tessenderlo-Ham | €1.1m | €1.0m |
| BOUCHERIE HAVELANGE HERVE Herve | €0.8m | €0.8m |
| LAVERTA Aalter | €0.7m | €0.7m |
| Traiteur Blancke Pittem | €1.7m | €0.3m |
Key facts about Hillewaere
- What is the company number of Hillewaere?
- The company number of Hillewaere is 0738.696.867. The VAT number is the same number with BE in front: BE 0738.696.867.
- Where is Hillewaere based?
- The registered office is at Bruggestraat 1, 8830 Hooglede.Company details
- What does Hillewaere do?
- According to the KBO register, the main activity is retail trade (NACE 47222).
- What is the legal form of Hillewaere?
- The legal form of Hillewaere is Private limited company (BV).
- When was Hillewaere founded?
- Hillewaere was founded on 03-12-2019.
- Is Hillewaere still active?
- Yes, Hillewaere is an active enterprise in the KBO register.
- How many employees does Hillewaere have?
- Hillewaere had an average of 16.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Hillewaere fall under?
- In its 2025 annual accounts, Hillewaere states joint committee 201 (Paritair Comité voor de zelfstandige kleinhandel).
- What is the turnover of Hillewaere?
- The turnover in financial year 2025 is ≈ €3.7m. This figure is estimated from the gross margin of €764,321 and 30 comparable companies (NACE 472). It probably lies between €2.7m and €5.2m.
- Is Hillewaere profitable?
- In financial year 2025, Hillewaere made a profit of €153,359.
- Where can I find the annual accounts of Hillewaere?
- Hillewaere filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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