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HILLSOFT

Active
Private limited companyfounded 201016 yrs activeCoupure 800, 9000 Gent, BelgiumKBO/BCE: BE 0828.087.020

HILLSOFT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €164k and a net result of €47k. Equity is growing by ~28.8% per year across the filed fiscal years. Its solvency ranks better than 65% of 16906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
98 / 100
Excellent▼ -2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+48
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 3.29 against 7.68 in 2024), and 27% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 2025
Solvency, return and age of the figures
Solvency
73%
Return on assets
20.9%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 d early
2024
28 d late
2023
30 d late
2022
25 d late
2021
53 d early
2020
2 d early
2019
47 d late
← before the deadline after the deadline →
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 months
Position in the running window
12-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€164k▼ 14.6%
2024 · €192k
2018: €37k 2019: €37k 2020: €48k 2021: €106k 2022: €166k 2023: €175k 2024: €192k
2018 → 2025
Total assets
€225k▼ 5.4%
2024 · €238k
2018: €154k 2019: €143k 2020: €141k 2021: €196k 2022: €257k 2023: €276k 2024: €238k
2018 → 2025
Net result
€47k▲ 135%
2024 · €20k
2018: €3k 2019: €325 2020: €11k 2021: €64k 2022: €72k 2023: €19k 2024: €20k
2018 → 2025
Working capital
€103k▼ 21.2%
2024 · €131k
2018: €25k 2019: €24k 2020: €29k 2021: €85k 2022: €134k 2023: €127k 2024: €131k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€106k-€166k▲ 56.6%€175k▲ 5.6%€192k▲ 10.0%€164k▼ 14.6%
Operating result€91k-€104k▲ 15.3%€32k▼ 69.7%€31k▼ 1.4%€68k▲ 118%
Net result€64k-€72k▲ 12.2%€19k▼ 73.0%€20k▲ 3.4%€47k▲ 135%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €91k€91kNet result 2021: €64k€64kOperating result 2022: €104k€104kNet result 2022: €72k€72kOperating result 2023: €32k€32kNet result 2023: €19k€19kOperating result 2024: €31k€31kNet result 2024: €20k€20kOperating result 2025: €68k€68kNet result 2025: €47k€47k20212022202320242025
The operating result recovers in 2025; 2025 is 118% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €225k
Fixed assets €76k▼ 12.1%
Current assets €149k▼ 1.5%
Equity and liabilities €225k
Equity €164k▼ 14.6%
Debt €61k▲ 33.8%
The debt ratio rises from 19.1% to 27.0%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€84k
2024 · €44k
Cash flow
€62k
2024 · €33k
Solvency
73.0%
2024 · 80.9%
Current ratio
3.29
2024 · 7.68
Quick ratio
3.29
2024 · 7.68
Debt / equity
0.37
2024 · 0.24
ROE
28.6%
2024 · 10.4%
ROA
20.9%
2024 · 8.4%
Interest coverage
29.21
2024 · 28.51
Debt
€61k
2024 · €45k
Debt ≤ 1 year
€45k
2024 · €20k
Debt > 1 year
€15k
2024 · €26k
Income taxes
€19k
2024 · €10k
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€238k€225k
Fixed assets21/28€87k€76k
Tangible fixed assets22/27€87k€76k
Land and buildings22€77k€69k
Plant, machinery and equipment23€9k€6k
Furniture and vehicles24-€885
Financial fixed assets28€100€100=
Current assets29/58€151k€149k
Amounts receivable after more than one year29€4k€3k
Other amounts receivable291€4k€3k
Amounts receivable within one year40/41€102k€80k
Trade receivables40€59k€75k
Other amounts receivable41€43k€5k
Cash at bank and in hand54/58€41k€64k
Deferred charges and accrued income490/1€4k€2k
Equity and liabilities
Total equity and liabilities10/49€238k€225k
Equity10/15€192k€164k
Contributions10/11€6k€6k=
Reserves13€186k€158k
Distributable reserves133€186k€158k
Amounts payable17/49€45k€61k
Amounts payable after more than one year17€26k€15k
Financial debts170/4€26k€15k
Amounts payable within one year42/48€20k€45k
Current portion of amounts payable after more than one year42€10k€10k=
Trade debts44€9k€12k
Suppliers440/4€9k€12k
Taxes, remuneration and social security45-€14k
Taxes450/3-€11k
Remuneration and social security454/9-€3k
Other amounts payable47/48-€9k
Accrued charges and deferred income492/3€66€67
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€15k
Other operating charges640/8€1k€1k
Gross operating margin9900€45k€85k
Operating profit (loss)9901€31k€68k
Financial income75/76B€160€154
Recurring financial income75€160€154
Financial charges65/66B€2k€3k
Recurring financial charges65€2k€3k
Profit (loss) for the period before taxes9903€30k€65k
Income taxes67/77€10k€19k
Profit (loss) for the period9904€20k€47k
Profit (loss) for the period to be appropriated9905€20k€47k
Appropriation of the result
Profit (loss) to be appropriated9906€20k€47k
Transfer from equity791/2€3k€75k
Transfer to equity691/2€20k€47k
To other reserves6921€20k€47k
Profit to be distributed694/7€3k€75k
Return on contributions (dividend)694€3k€75k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial Liquidity triplescurrent ratio 7.68
Current ratio from 2.95 to 7.68; short-term debt falls from €65k to €20k.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
25-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial Highest result since 2018net €72k ▲12.2%
Operating result €104k, net result €72k, both a record.
31-12
Financial Equity above €150kEq €166k ▲56.6%
5 profitable years in a row build equity to €166k.
08-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €100kEq €106k ▲121%
4 profitable years in a row build equity to €106k.
29-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
16-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2019
31-12
Financial Weakest financial yearnet €325 ▼87.4%
Net result drops to €325, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
15-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2023
HILLAERT Peter Jos Paula Alfons
Director · since 20-12-2023
Current
20-12-2023 Appointed as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2010
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.

Coupure 8009000 Gent
Ground area
240 m²
Building footprint
111 m²
Volume, LiDAR
1,017 m³
Parcel 44815F2580/00F002, Flanders · tallest building 15.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
HILLSOFT
Coupure 800, 9000 GentComputer programming, consultancy and related activities
since 20102.190.487.553
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44815F2580/00F002 Flanders 239 m² 1 · 111 m² 15.8 m · 4 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.

Similar companies · same sector, comparable size

Of 29,880 companies in sector 62200 we hold annual accounts for 18,324. 15,180 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded27-07-2010
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.