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HILLTECH

Active
Private limited companyfounded 2024active for 2 yearsChaussée de Gaulle 23, 4420 Saint-Nicolas, BelgiumKBO/BCE: BE 1010.718.422
Summary

HILLTECH has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,203 and a net result of €36,203. Its solvency ranks better than 42% of 21,007 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00459288.

Equity
€37,203
Total assets
€73,798
Net result
€36,203
Working capital
€23,910

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €73,798
Fixed assets €13,293
Current assets €60,505
Equity and liabilities €73,798
Equity €37,203
Debt €36,595
Debt finances 49.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€51,762
Cash flow
€38,255
Current ratio
1.65
Debt to equity
0.98
ROE
97.3%
ROA
49.1%
Interest coverage
18.50
Debt ≤ 1 year
€36,595
Income taxes
€10,740

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€73,798
Fixed assets21/28€13,293
Tangible fixed assets22/27€13,293
Land and buildings22€3,051
Furniture and vehicles24€5,715
Other tangible fixed assets26€4,527
Current assets29/58€60,505
Amounts receivable within one year40/41€40,432
Trade receivables40€39,715
Other amounts receivable41€716
Current investments50/53€15,000
Cash at bank and in hand54/58€5,073
Equity and liabilities
Total equity and liabilities10/49€73,798
Equity10/15€37,203
Contributions10/11€1,000
Profit (loss) carried forward14€36,203
Amounts payable17/49€36,595
Amounts payable within one year42/48€36,595
Trade debts44€12,423
Suppliers440/4€12,423
Taxes, remuneration and social security45€22,416
Taxes450/3€19,890
Remuneration and social security454/9€2,526
Other amounts payable47/48€1,756
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,052
Other operating charges640/8€1,387
Gross operating margin9900€53,149
Operating profit (loss)9901€49,710
Financial income75/76B€30
Recurring financial income75€30
Financial charges65/66B€2,798
Recurring financial charges65€2,798
Profit (loss) for the period before taxes9903€46,943
Income taxes67/77€10,740
Profit (loss) for the period9904€36,203
Profit (loss) for the period to be appropriated9905€36,203
Appropriation of the result
Profit (loss) to be appropriated9906€36,203

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,052
Other operating charges640/8€1,387
Gross operating margin9900€53,149
Operating profit (loss)9901€49,710
Financial income75/76B€30
Recurring financial income75€30
Financial charges65/66B€2,798
Recurring financial charges65€2,798
Profit (loss) for the period before taxes9903€46,943
Income taxes67/77€10,740
Profit (loss) for the period9904€36,203
Profit (loss) for the period to be appropriated9905€36,203
Line2025
Assets
Total assets20/58€73,798
Fixed assets21/28€13,293
Tangible fixed assets22/27€13,293
Land and buildings22€3,051
Furniture and vehicles24€5,715
Other tangible fixed assets26€4,527
Current assets29/58€60,505
Amounts receivable within one year40/41€40,432
Trade receivables40€39,715
Other amounts receivable41€716
Current investments50/53€15,000
Cash at bank and in hand54/58€5,073
Equity and liabilities
Total equity and liabilities10/49€73,798
Equity10/15€37,203
Contributions10/11€1,000
Profit (loss) carried forward14€36,203
Amounts payable17/49€36,595
Amounts payable within one year42/48€36,595
Trade debts44€12,423
Suppliers440/4€12,423
Taxes, remuneration and social security45€22,416
Taxes450/3€19,890
Remuneration and social security454/9€2,526
Other amounts payable47/48€1,756
Line2025
Profit (loss) for the period9904€36,203
+ Depreciation and write-downs630€2,052
Operating cash flow (approximation)€38,255

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00459288

Similar companies · same sector, comparable size

Of the 16,956 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,929. 6,710 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.