Hilltop Stables
The computed 12-month bankruptcy probability of Hilltop Stables is 0.5% (low). The 2024 annual accounts show equity of €10k and a net result of €-93k. Equity is shrinking by ~62% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 23% of 816 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €10k |
| Net result | €-93k |
| Staff (FTE) | 0.6 |
| Better than sector | 23% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 0.9% | 20.4% | |
| Net result | €-93k | €5k | |
| Equity | €10k | €36k | |
| Gross operating margin | €-49k | €33k | |
| Staff costs | €8k | €21k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-59k |
| Net profit | €-93k |
| Cash flow | €-59k |
| Staff costs | €8k |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.06M |
| Equity | €10k |
| Debt | €1.05M |
| of which ≤ 1y | €1.04M |
| of which > 1y | €11k |
| Working capital | €-722k |
| Employees (FTE) | 0.6 |
| 2024 | |
|---|---|
| Current ratio | 0.31 |
| Quick ratio | 0.04 |
| Working capital ratio | -68.0% |
| Solvency | 0.9% |
| Debt / equity | 110.25 |
| Long-term debt ratio | 1.18 |
| Interest coverage | -73.71 |
| Gross margin | - |
| Net margin | - |
| ROA | -8.7% |
| ROE | -972.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.06M |
| Fixed assets | 21/28 | €742k |
| Intangible fixed assets | 21 | €17k |
| Tangible fixed assets | 22/27 | €726k |
| Current assets | 29/58 | €320k |
| Stocks & contracts in progress | 3 | €282k |
| Amounts receivable within one year | 40/41 | €36k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.06M |
| Equity | 10/15 | €10k |
| Contributions / capital | 10/11 | €189k |
| Accumulated profits (losses) | 14 | €-179k |
| Amounts payable | 17/49 | €1.05M |
| Amounts payable after one year | 17 | €11k |
| Amounts payable within one year | 42/48 | €1.04M |
| Trade debts payable within one year | 44 | €27k |
| Income statement | ||
| Gross operating margin | 9900 | €-49k |
| Operating result | 9901 | €-92k |
| Financial income | 75 | €2 |
| Financial charges | 65 | €794 |
| Result before taxes | 9903 | €-93k |
| Net result for the period | 9904 | €-93k |
| Result to be appropriated | 9905 | €-93k |
| NACE primary | Fokken en houden van paarden en andere paardachtigen(01430) |
| Legal form | Private limited company(610) |
| Incorporation | 27-08-2021 |
| Status | Active |
| Postal code | 3040 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24045B0506/00Y002 | Flanders | 5,399 m² | 1 · 237 m² | 8.4 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
10-11-2022 Capital increase of €168,660 to €188,660
- €20.000 → €188.660
- Inbreng in natura · Apport en nature
Technical details
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}| Legal nameNL | Hilltop Stables |