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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 21,110 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Computer programming
NACE 62100
1 site
Size
≈ €120,000turnover 2025, estimated
Equity
€37,203
Profit
€36,203
Turnover estimated from the gross margin
Financial health
84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
2025 accounts filed 31 days late
Why 84raises riskFounded in 2024Last filed accounts filed 31 days late; 1 of the last 3 lateLiquidity: current ratio 1.65, cash €5,073lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 46% of its sector peers (NACE 62, micro)
Financial strength
Strong
Solvency 75
equity 50.4% of total assets
Liquidity 34
short-term debt 49.6% · cash 6.9%
Profitability 100
return on assets 49.1%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,901 companies, NACE 62, micro)
Last 24 months 07-2025: 0.4% 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.5%▲ +0.1 percentage points vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.6%▲ +0.1 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026highest value 08-2026: 0.6%● unchanged vs 07-2026highest value 09-2026: 0.3%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.65, above the usual 1.5; short-term debt: 49.6% and cash: 6.9% of total assets), and 49.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 62, micro): better than 43% on solvency, 13% on liquidity and 82% on profitability.

The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 1.65, cash €5,073
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
31 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Resignation: KHALIL Bhilal (director)Gazette deed
  3. IncorporationAppointments: OFFERMANS Philippe Roger Joseph…

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.

Turnover
≈ €120,000
Estimated: probably between €100,000 and €160,000
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. The turnover shown is an estimate from the gross margin.

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 95.9% 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
95.9% still going

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 497,445 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% 0.9%
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 16,999 active companies whose main activity is computer programming (NACE 62100), figures are known for 9,006. 6,768 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.

Directors

Directors
1 director, no change since 2025
OFFERMANS Philippe Roger Joseph
Director (not named in the articles) · since 27-06-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
OFFERMANS Philippe Roger Joseph
  • Director (not named in the articles), from 27-06-2024 to date
KHALIL Bhilal
  • Director (not named in the articles), from 27-06-2024 to 24-04-2025
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 27-06-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 27-06-2024 Incorporation · €1,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 25 June 2024, HILLTECH was incorporated as a private limited company by two natural persons, with a starting capital of €1,000.12 OFFERMANS Philippe Roger Joseph has served as director of the company since 2024.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 27-06-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 31 days late
2025
24-04
Gazette deed Resignation: KHALIL Bhilal (director)
3 facts ▸
  • General meeting, 08-01-2025
  • Director resignation, KHALIL Bhilal (director)
  • Director in office, OFFERMANS Philippe (managing director)
2024
27-06
Gazette deed Incorporation
Appointments: OFFERMANS Philippe Roger Joseph (director) and KHALIL Bhilal (director) · Founder · Founding capital12 facts ▸
  • Incorporation, “HILLTECH” (deed in French)
  • Founder, OFFERMANS Philippe Roger Joseph (comparant)
  • Founder, KHALIL Bhilal (comparant)
  • Founding capital, €1,000
  • Bank account, “Banque CBC, société en formation” (deed in French)
  • Capital
  • Registered office clause, “4420 Saint-Nicolas, Chaussée de Gaulle”, 23 (deed in French)
  • Board rule, 2
  • Director appointment, OFFERMANS Philippe Roger Joseph (director (not named in the articles))
  • Director appointment, KHALIL Bhilal (director (not named in the articles))
  • Other provision, “accessible à chaque actionnaire, registre des actions – eStox” (deed in French)
  • Pre-incorporation commitments, “takeover, tous engagements et obligations en résultant,et toutes activités entreprises par l'un ou l'autre des comparants au nom et pour compte de la société en…” (deed in French)
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded25-06-2024
Financial year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Contact
E-mail khalil-bhilal@outlook.be
Phone +32483820016
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010718422
Registered 21-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Legal Entity Identifier

254900QPZQ14TZTMQC71
live in the LEI register

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Saint-Nicolas · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
152 m²
Building footprint
29 m²
Parcel 62073B0875/00L002, Wallonia. Linked by address, not a title deed.
1 establishment unit
HILLTECH
Chaussée de Gaulle 23, 4420 Saint-NicolasComputer programming
since 2024unit no. 2.361.253.974
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
62073B0875/00L002 Wallonia 152 m² 1 · 29 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“La prestation de services informatiques,notamment le développement,la maintenance,et l’optimisation de solutions sur la plateforme Office…” (deed in French)
14 activities (deed in French)
  1. La prestation de services informatiques,notamment le développement,la maintenance,et l’optimisation de solutions sur la plateforme Office 365.
  2. L'achat,la vente,l'importation,l'exportation,la location,la réparation et la maintenance de matériel informatique,de logiciels et de tous produits liés à l'informatique,aux nouvelles technologies et aux télécommunications.
  3. La fourniture de services de conseil,d'audit,de formation,d'assistance technique et de support en matière informatique,incluant les technologies émergentes telles que l'intelligence artificielle,la blockchain,et l'Internet des objets (IoT).
  4. La conception,le développement,l'hébergement,l'administration,et la gestion de sites internet,d'applications web,de logiciels et de plateformes numériques.
  5. La vente,l'installation et la configuration de systèmes de télécommunication,de réseaux informatiques,de solutions de sécurité informatique et de protection des données.
  6. La prestation de services en matière de cybersécurité,incluant les audits de sécurité,la surveillance,et la réponse aux incidents.
  7. La recherche,le développement et la commercialisation de produits et solutions logiciels,incluant les applications mobiles,les solutions cloud,les services SaaS (Software as a Service),PaaS (Platform as a Service) et IaaS (Infrastructure as a Service).
  8. La gestion et l'exploitation de data centers,y compris la prestation de services d'hébergement,de colocation,et de cloud computing.
  9. La réalisation de prestations de sous-traitance informatique pour le compte de tiers,incluant le développement de logiciels sur mesure,l'externalisation de services informatiques (outsourcing),et la gestion de projets informatiques.
  10. La participation directe ou indirecte de la société dans toutes opérations pouvant se rattacher à son objet par voie de création de sociétés nouvelles,d’apports,de souscription ou d’achat de titres ou droits sociaux,de fusion,d’alliance,de partenariat ou de prise en gestion.
  11. L'acquisition,l'exploitation,la cession de tous procédés et brevets concernant ces activités.
  12. La création,l’acquisition,la location,la prise en location-gérance de tous fonds de commerce,la prise à bail,l’installation,l’exploitation de tous établissements,fonds de commerce,usines,ateliers se rapportant à l’une ou l’autre des activités spécifiées.
  13. L'octroi de prêts ou d'avances de trésorerie à des entreprises ayant des liens de capital avec la société.
  14. Toute activité connexe ou complémentaire se rapportant à l'objet social.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
HILLTECH
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, sièges administratifs,agences,ateliers,dépôts et succursales” (deed in French)

deed of 27-06-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)
“Totalité des pouvoirs avec faculté de déléguer partie, tous actes nécessaires ou utiles à l'objet” (deed in French)
“Frais généraux indépendamment des frais de représentation voyages déplacements, assemblée générale” (deed in French)

deed of 27-06-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, registre des actions nominatives avec mentions Code des sociétés et des associations” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Moitié cédant moitié acquéreurs proportionnellement si plusieurs, nullité” (deed in French)

deed of 27-06-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Tuesday of June at 18:00

deed of 27-06-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“À tout temps par décision de l'assemblée générale délibérant dans formes prévues pour modifications aux statuts” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Dissolution pour quelque cause et à quelque moment que ce soit, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)

deed of 27-06-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Mention sur dernière page du Volet B, nom et qualité” (deed in French)
deed of 24-04-2025
Liquidation distribution: “Répartition de l'actif net, actif net réparti entre tous actionnaires en proportion de leurs actions, biens conservés remis pour être…” (deed in French)
deed of 27-06-2024