Hilven
ActiveSummary
The computed 12-month bankruptcy probability of Hilven is 3.0% (moderate). The 2024 annual accounts show equity of €7k and a net result of €5k. Equity is shrinking by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 24% of 36375 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability71▲+71
Solvency47▲+14
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
22.1%
Return on assets
15.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
34 d early
2022
24 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€7k▲ 225%
2023 · €2k
2022: €8khighest in 3 years
2023: €2k▼ -74.9% vs 2022lowest in 3 years
2024: €7k▲ +225% vs 2023
2022 → 2024
Total assets
€30k▲ 17.6%
2023 · €26k
2022: €37khighest in 3 years
2023: €26k▼ -31.2% vs 2022lowest in 3 years
2024: €30k▲ +17.6% vs 2023
2022 → 2024
Net result
€5k
2023 · €-6k
2022: €3k
2023: €-6k▼ -293% vs 2022lowest in 3 years
2024: €5k▲ +176% vs 2023highest in 3 years
2022 → 2024
Working capital
€12k
2023 · €-3k
2022: €498
2023: €-3k▼ -692% vs 2022lowest in 3 years
2024: €12k▲ +499% vs 2023highest in 3 years
2022 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€8k-€2k▼ 74.9%€7k▲ 225%
2022: €8khighest in 3 years
2023: €2k▼ -74.9% vs 2022lowest in 3 years
2024: €7k▲ +225% vs 2023
Operating result€4k-€-6k€8k
2022: €4k
2023: €-6k▼ -229% vs 2022lowest in 3 years
2024: €8k▲ +241% vs 2023highest in 3 years
Net result€3k-€-6k€5k
2022: €3k
2023: €-6k▼ -293% vs 2022lowest in 3 years
2024: €5k▲ +176% vs 2023highest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €8k after a loss of €6k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €29k
Fixed assets
€533 ▼ 83.1%
Current assets
€28k ▲ 37.2%
Equity and liabilities €30k
Equity
€7k ▲ 225%
Debt
€24k ▼ 0.5%
Debt's share of the balance-sheet total falls from 92.0% to 77.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▲
2023 · €-3k
Cash flow
€6k▲
2023 · €-3k
Current ratio
1.71▲
2023 · 0.88
Quick ratio
0.78▲
2023 · 0.53
Debt to equity
3.53▼
2023 · 11.53
ROE
69.3%▲
2023 · -298.4%
ROA
15.3%▲
2023 · -23.8%
Interest coverage
3.93▲
2023 · -6.97
Debt ≤ 1 year
€17k▼
2023 · €24k
Debt > 1 year
€7k
Income taxes
€1k▲
2023 · €130
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€26k€30k▲
Formation expenses20€2k€1k▼
Fixed assets21/28€3k€533▼
Tangible fixed assets22/27€3k€133▼
Furniture and vehicles24€3k€133▼
Financial fixed assets28€400€400=
Current assets29/58€21k€28k▲
Stocks and contracts in progress3€8k€15k▲
Stocks30/36€6k€5k▼
Contracts in progress37€2k€10k▲
Amounts receivable within one year40/41€10k€9k▼
Trade receivables40€7k€4k▼
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€2k€4k▲
Deferred charges and accrued income490/1€534€523▼
Equity and liabilities
Total equity and liabilities10/49€26k€30k▲
Equity10/15€2k€7k▲
Contributions10/11€5k€5k=
Reserves13€0€2k▲
Distributable reserves133€0€2k▲
Profit (loss) carried forward14€-3k€0▲
Amounts payable17/49€24k€24k▼
Amounts payable after more than one year17-€7k
Financial debts170/4-€7k
Amounts payable within one year42/48€24k€17k▼
Current portion of amounts payable after more than one year42-€6k
Trade debts44€16k€8k▼
Suppliers440/4€16k€8k▼
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Other amounts payable47/48€5k€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€989▼
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A-€946
Gross operating margin9900€-2k€12k▲
Operating profit (loss)9901€-6k€8k▲
Financial income75/76B€110€27▼
Recurring financial income75€110€27▼
Financial charges65/66B€429€2k▲
Recurring financial charges65€429€2k▲
Profit (loss) for the period before taxes9903€-6k€6k▲
Income taxes67/77€130€1k▲
Profit (loss) for the period9904€-6k€5k▲
Profit (loss) for the period to be appropriated9905€-6k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€2k▲
Profit (loss) brought forward from the previous period14P-€-3k
Transfer from equity791/2€3k€0▼
Transfer to equity691/2€0€2k▲
To other reserves6921€0€2k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €989 | ▼ 63.0% |
| Other operating charges640/8 | €1k | €1k | €2k | ▲ 51.7% |
| Non-recurring operating charges66A | - | - | €946 | - |
| Gross operating margin9900 | €7k | €-2k | €12k | ▲ 729% |
| Operating profit (loss)9901 | €4k | €-6k | €8k | ▲ 241% |
| Financial income75/76B | €57 | €110 | €27 | ▼ 75.0% |
| Recurring financial income75 | €57 | €110 | €27 | ▼ 75.0% |
| Financial charges65/66B | €76 | €429 | €2k | ▲ 431% |
| Recurring financial charges65 | €76 | €429 | €2k | ▲ 431% |
| Profit (loss) for the period before taxes9903 | €4k | €-6k | €6k | ▲ 195% |
| Income taxes67/77 | €1k | €130 | €1k | ▲ 741% |
| Profit (loss) for the period9904 | €3k | €-6k | €5k | ▲ 176% |
| Profit (loss) for the period to be appropriated9905 | €3k | €-6k | €5k | ▲ 176% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €37k | €26k | €30k | ▲ 17.6% |
| Formation expenses20 | €2k | €2k | €1k | ▼ 30.9% |
| Fixed assets21/28 | €5k | €3k | €533 | ▼ 83.1% |
| Tangible fixed assets22/27 | €5k | €3k | €133 | ▼ 95.2% |
| Furniture and vehicles24 | €5k | €3k | €133 | ▼ 95.2% |
| Financial fixed assets28 | €400 | €400 | €400 | = |
| Current assets29/58 | €30k | €21k | €28k | ▲ 37.2% |
| Stocks and contracts in progress3 | €14k | €8k | €15k | ▲ 91.6% |
| Stocks30/36 | €6k | €6k | €5k | ▼ 12.8% |
| Contracts in progress37 | €8k | €2k | €10k | ▲ 448% |
| Amounts receivable within one year40/41 | €13k | €10k | €9k | ▼ 13.8% |
| Trade receivables40 | €12k | €7k | €4k | ▼ 51.0% |
| Other amounts receivable41 | €953 | €3k | €5k | ▲ 80.5% |
| Cash at bank and in hand54/58 | €2k | €2k | €4k | ▲ 81.8% |
| Deferred charges and accrued income490/1 | €278 | €534 | €523 | ▼ 2.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €37k | €26k | €30k | ▲ 17.6% |
| Equity10/15 | €8k | €2k | €7k | ▲ 225% |
| Contributions10/11 | €5k | €5k | €5k | = |
| Reserves13 | €3k | €0 | €2k | - |
| Distributable reserves133 | €3k | €0 | €2k | - |
| Profit (loss) carried forward14 | - | €-3k | €0 | ▲ 100% |
| Amounts payable17/49 | €29k | €24k | €24k | ▼ 0.5% |
| Amounts payable after more than one year17 | - | - | €7k | - |
| Financial debts170/4 | - | - | €7k | - |
| Amounts payable within one year42/48 | €29k | €24k | €17k | ▼ 29.6% |
| Current portion of amounts payable after more than one year42 | - | - | €6k | - |
| Trade debts44 | €6k | €16k | €8k | ▼ 49.7% |
| Suppliers440/4 | €6k | €16k | €8k | ▼ 49.7% |
| Taxes, remuneration and social security45 | €2k | €2k | €2k | ▼ 17.7% |
| Taxes450/3 | €2k | €2k | €2k | ▼ 17.7% |
| Other amounts payable47/48 | €21k | €5k | €0 | ▼ 100% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €-6k | €5k | ▲ 176% |
| + Depreciation and write-downs630 | €2k | €3k | €989 | ▼ 63.0% |
| Operating cash flow (approximation) | €5k | €-3k | €6k | ▲ 263% |
| Investment in fixed assets (approximation) | - | €-570 | €2k | ▲ 386% |
| Change in cash | - | €245 | €2k | ▲ 598% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Genk · 1 establishment unit since 2022
Ground area
541 m²
Building footprint
144 m²
Volume, LiDAR
491 m³
Parcel 71302A0608/00W002, Flanders · tallest building 7.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Hilven
since 20222.329.289.605
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71302A0608/00W002 | Flanders | 541 m² | 1 · 144 m² | 7.9 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,271 companies in sector 43230 we hold annual accounts for 1,240. 571 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43230Insulation installation
43240Other construction installation
43310Plastering work
43320Joinery installation
43990Other specialised construction activities
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.