Himac
ActiveSummary
Himac has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €109k. Equity is shrinking by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 19% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency38=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.09 in 2024; short-term debt: 86.9% and cash: 82.6% of total assets), and 86.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
13.1%
Return on assets
69.8%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 19%
← weakest
strongest →
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 09-02-2026, 172 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
172 d early
2024
36 d early
2023
49 d early
2022
73 d early
2021
67 d early
2020
50 d early
2019
74 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€20k▼ 0.3%
2024 · €21k
2018: €32k
2019: €88k▲ +180% vs 2018
2020: €128k▲ +44.6% vs 2019highest in 8 years
2021: €20k▼ -84.0% vs 2020
2022: €20k● -0.0% vs 2021lowest in 8 years
2023: €21k▲ +0.2% vs 2022
2024: €21k▲ +0.1% vs 2023
2025: €20k▼ -0.3% vs 2024
2018 → 2025
Total assets
€156k▼ 2.4%
2024 · €160k
2018: €43klowest in 8 years
2019: €107k▲ +148% vs 2018
2020: €164k▲ +53.0% vs 2019highest in 8 years
2021: €130k▼ -20.6% vs 2020
2022: €141k▲ +8.6% vs 2021
2023: €140k▼ -0.9% vs 2022
2024: €160k▲ +14.0% vs 2023
2025: €156k▼ -2.4% vs 2024
2018 → 2025
Net result
€109k▼ 5.1%
2024 · €115k
2018: €26klowest in 8 years
2019: €58k▲ +120% vs 2018
2020: €39k▼ -31.6% vs 2019
2021: €90k▲ +127% vs 2020
2022: €104k▲ +16.5% vs 2021
2023: €106k▲ +1.8% vs 2022
2024: €115k▲ +7.9% vs 2023highest in 8 years
2025: €109k▼ -5.1% vs 2024
2018 → 2025
Working capital
€13k▲ 5.9%
2024 · €12k
2018: €31k
2019: €87k▲ +177% vs 2018
2020: €127k▲ +45.0% vs 2019highest in 8 years
2021: €20k▼ -84.4% vs 2020
2022: €15k▼ -24.0% vs 2021
2023: €18k▲ +22.1% vs 2022
2024: €12k▼ -35.0% vs 2023lowest in 8 years
2025: €13k▲ +5.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€20k=€21k▲ 0.2%€21k▲ 0.1%€20k▼ 0.3%
2021: €20k
2022: €20k● -0.0% vs 2021lowest in 5 years
2023: €21k▲ +0.2% vs 2022
2024: €21k▲ +0.1% vs 2023highest in 5 years
2025: €20k▼ -0.3% vs 2024
Operating result€115k-€134k▲ 16.8%€137k▲ 2.1%€147k▲ 7.8%€140k▼ 5.1%
2021: €115klowest in 5 years
2022: €134k▲ +16.8% vs 2021
2023: €137k▲ +2.1% vs 2022
2024: €147k▲ +7.8% vs 2023highest in 5 years
2025: €140k▼ -5.1% vs 2024
Net result€90k-€104k▲ 16.5%€106k▲ 1.8%€115k▲ 7.9%€109k▼ 5.1%
2021: €90klowest in 5 years
2022: €104k▲ +16.5% vs 2021
2023: €106k▲ +1.8% vs 2022
2024: €115k▲ +7.9% vs 2023highest in 5 years
2025: €109k▼ -5.1% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €156k
Fixed assets
€8k ▼ 8.9%
Current assets
€148k ▼ 2.1%
Equity and liabilities €156k
Equity
€20k ▼ 0.3%
Debt
€135k ▼ 2.8%
Debt's share of the balance-sheet total falls from 87.1% to 86.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€142k▼
2024 · €150k
Cash flow
€111k▼
2024 · €117k
Current ratio
1.09▲
2024 · 1.09
Debt to equity
6.61▼
2024 · 6.78
ROE
531.2%▼
2024 · 557.8%
ROA
69.8%▼
2024 · 71.7%
Interest coverage
3188.87▼
2024 · 3711.13
Debt ≤ 1 year
€135k▼
2024 · €139k
Income taxes
€31k▼
2024 · €33k
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 · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€160k€156k▼
Fixed assets21/28€9k€8k▼
Tangible fixed assets22/27€9k€8k▼
Furniture and vehicles24€9k€8k▼
Current assets29/58€151k€148k▼
Amounts receivable within one year40/41€82k€17k▼
Trade receivables40€82k€17k▼
Cash at bank and in hand54/58€68k€129k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€160k€156k▼
Equity10/15€21k€20k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€74€10▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€139k€135k▼
Amounts payable within one year42/48€139k€135k▼
Trade debts44€7k€13k▲
Suppliers440/4€7k€13k▲
Taxes, remuneration and social security45€18k€13k▼
Taxes450/3€18k€13k▼
Other amounts payable47/48€115k€109k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€750€773▲
Gross operating margin9900€150k€143k▼
Operating profit (loss)9901€147k€140k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€40€45▲
Recurring financial charges65€40€45▲
Profit (loss) for the period before taxes9903€147k€140k▼
Income taxes67/77€33k€31k▼
Profit (loss) for the period9904€115k€109k▼
Profit (loss) for the period to be appropriated9905€115k€109k▼
Appropriation of the result
Profit (loss) to be appropriated9906€115k€109k▼
Transfer from equity791/2-€64
Transfer to equity691/2€27€0▼
To other reserves6921€27€0▼
Profit to be distributed694/7€115k€109k▼
Return on contributions (dividend)694€115k€109k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | €3k | €2k | €2k | ▲ 3.7% |
| Other operating charges640/8 | €661 | €664 | €798 | €750 | €773 | ▲ 3.1% |
| Gross operating margin9900 | €116k | €137k | €141k | €150k | €143k | ▼ 4.9% |
| Operating profit (loss)9901 | €115k | €134k | €137k | €147k | €140k | ▼ 5.1% |
| Financial income75/76B | €0 | €0 | €0 | €0 | - | - |
| Recurring financial income75 | €0 | €0 | €0 | €0 | - | - |
| Financial charges65/66B | €234 | €76 | €170 | €40 | €45 | ▲ 10.6% |
| Recurring financial charges65 | €234 | €76 | €170 | €40 | €45 | ▲ 10.6% |
| Profit (loss) for the period before taxes9903 | €114k | €134k | €136k | €147k | €140k | ▼ 5.1% |
| Income taxes67/77 | €25k | €29k | €30k | €33k | €31k | ▼ 5.2% |
| Profit (loss) for the period9904 | €90k | €104k | €106k | €115k | €109k | ▼ 5.1% |
| Profit (loss) for the period to be appropriated9905 | €90k | €104k | €106k | €115k | €109k | ▼ 5.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €130k | €141k | €140k | €160k | €156k | ▼ 2.4% |
| Fixed assets21/28 | €725 | €5k | €2k | €9k | €8k | ▼ 8.9% |
| Tangible fixed assets22/27 | €725 | €5k | €2k | €9k | €8k | ▼ 8.9% |
| Furniture and vehicles24 | €725 | €5k | €2k | €9k | €8k | ▼ 8.9% |
| Current assets29/58 | €129k | €136k | €138k | €151k | €148k | ▼ 2.1% |
| Amounts receivable within one year40/41 | €36k | €45k | €45k | €82k | €17k | ▼ 79.0% |
| Trade receivables40 | €35k | €45k | €45k | €82k | €17k | ▼ 79.0% |
| Other amounts receivable41 | €750 | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €92k | €90k | €91k | €68k | €129k | ▲ 90.7% |
| Deferred charges and accrued income490/1 | €1k | €1k | €2k | €2k | €2k | ▲ 21.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €130k | €141k | €140k | €160k | €156k | ▼ 2.4% |
| Equity10/15 | €20k | €20k | €21k | €21k | €20k | ▼ 0.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | ▼ 3.3% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €1 | €1 | €47 | €74 | €10 | ▼ 86.6% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €110k | €121k | €120k | €139k | €135k | ▼ 2.8% |
| Amounts payable within one year42/48 | €110k | €121k | €120k | €139k | €135k | ▼ 2.8% |
| Trade debts44 | €514 | €776 | €1k | €7k | €13k | ▲ 91.5% |
| Suppliers440/4 | €514 | €776 | €1k | €7k | €13k | ▲ 91.5% |
| Taxes, remuneration and social security45 | €19k | €16k | €12k | €18k | €13k | ▼ 25.0% |
| Taxes450/3 | €19k | €16k | €12k | €18k | €13k | ▼ 25.0% |
| Other amounts payable47/48 | €90k | €104k | €106k | €115k | €109k | ▼ 5.0% |
| Accrued charges and deferred income492/3 | €0 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €90k | €104k | €106k | €115k | €109k | ▼ 5.1% |
| + Depreciation and write-downs630 | €1k | €2k | €3k | €2k | €2k | ▲ 3.7% |
| Operating cash flow (approximation) | €91k | €107k | €109k | €117k | €111k | ▼ 4.9% |
| Investment in fixed assets (approximation) | - | €-7k | €0 | €-9k | €-2k | ▲ 80.6% |
| Change in cash | - | €-3k | €1k | €-24k | €61k | ▲ 360% |
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
Next filing, fiscal year 2026, expected by
2026
09-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €115k ▲7.9%
Operating result €147k, net result €115k, both a record.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €128k ▲44.6%
3 profitable years in a row build equity to €128k.
18-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · 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, Hove · 1 establishment unit since 2018
Ground area
1,081 m²
Building footprint
117 m²
Volume, LiDAR
751 m³
Parcel 11021B0083/00F000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Himac
since 20182.274.510.042
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021B0083/00F000 | Flanders | 1,081 m² | 1 · 117 m² | 7.8 m · 2 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 82,553 companies in sector 70200 we hold annual accounts for 52,585. 30,777 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 (pre-2019)
Founded21-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.