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HIMADA

Active
Public limited companyfounded 198738 yrs activeHoutmolenstraat 63A, 3900 Pelt, BelgiumKBO/BCE: BE 0432.717.097
Summary

HIMADA has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €636,372 and a net result of €28,352. Equity remains stable across the filed fiscal years (±0.2% per year). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability48▲+12
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
short-term debt: 0.5% and cash: 36.8% of total assets, and 1.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 38 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
98.4%
Return on assets
4.4%
Age of the figures
10 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Filed after the deadline
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 10-07-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
10 d late
2024
25 d late
2023
1 d late
2022
41 d late
2021
on the day
2020
on the day
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 11 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today30-11-2026 close30-06-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 3 December 1987, HIMADA was incorporated.1 Total assets went from EUR 994,647 in 2018 to EUR 646,914 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€636,372▲ 4.7%
2024 · €608,020
Total assets
€646,914▲ 5.1%
2024 · €615,412
Net result
€28,352
2024 · -€4,850
Working capital
€637,578▲ 4.8%
2023 · €608,446
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€68,427-€6,861-€23,402▼ 241%-€4,932▲ 78.9%-€1,829▲ 62.9%
Net result€60,331▲ 210%€43,068▼ 28.6%€76,572▲ 77.8%-€4,850€28,352
Equity€493,230▼ 19.5%€536,298▲ 8.7%€612,870▲ 14.3%€608,020▼ 0.8%€636,372▲ 4.7%
Total assets€666,572▲ 5.5%€697,225▲ 4.6%€620,766▼ 11.0%€615,412▼ 0.9%€646,914▲ 5.1%
Debt€165,950▲ 1,326%€153,536▼ 7.5%€504▼ 99.7%€3,150
Working capital€418,894▼ 13.7%€461,962▲ 10.3%€608,446▲ 31.7%€637,578
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€25,000€0€25,000€50,000€75,000Operating result 2021: €68,427€68,427Net result 2021: €60,331€60,331Operating result 2022: -€6,861-€6,861Net result 2022: €43,068€43,068Operating result 2023: -€23,402-€23,402Net result 2023: €76,572€76,572Operating result 2024: -€4,932-€4,932Net result 2024: -€4,850-€4,850Operating result 2025: -€1,829-€1,829Net result 2025: €28,352€28,35220212022202320242025-€25,000€0€25,000€50,000€75,000Operating result 2023: -€23,402-€23,400Net result 2023: €76,572€76,600Operating result 2024: -€4,932-€4,930Net result 2024: -€4,850-€4,850Operating result 2025: -€1,829-€1,830Net result 2025: €28,352€28,400202320242025
The operating result stays negative: a loss of €1,829 in 2025 against €4,932 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €646,914
Fixed assets €6,185 ▼ 47.7%
Current assets €640,729 ▲ 6.2%
Equity and liabilities €646,914
Equity €636,372
Provisions €7,392
Debt €3,150
Debt finances 0.5% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.00
ROE
4.5%▲
2024 · -0.8%
ROA
4.4%▲
2024 · -0.8%
Debt ≤ 1 year
€3,150
Income taxes
€3,150
A ratio outside any meaningful range has been withheld (balance sheet total €646,914, equity €636,372).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 14,733 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 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€615,412€646,914▲
Fixed assets21/28€11,815€6,185▼
Financial fixed assets28€11,815€6,185▼
Current assets29/58€603,596€640,729▲
Amounts receivable after more than one year29€401,023€401,023=
Other amounts receivable291€401,023€401,023=
Amounts receivable within one year40/41€1,740€1,740=
Other amounts receivable41€1,740€1,740=
Cash at bank and in hand54/58€200,833€237,965▲
Equity and liabilities
Total equity and liabilities10/49€615,412€646,914▲
Equity10/15€608,020€636,372▲
Contributions10/11€165,945€165,945=
Capital10€165,945€165,945=
Issued capital100€165,945€165,945=
Reserves13€442,076€470,427▲
Non-distributable reserves130/1€24,162€24,162=
Legal reserve130€24,162€24,162=
Tax-exempt reserves132€13,773€13,773=
Distributable reserves133€404,140€432,491▲
Provisions and deferred taxes16€7,392€7,392=
Deferred taxes168€7,392€7,392=
Amounts payable17/49-€3,150
Amounts payable within one year42/48-€3,150
Taxes, remuneration and social security45-€3,150
Taxes450/3-€3,150
Income statement Code20242025
Other operating charges640/8€727€512▼
Gross operating margin9900-€4,206-€1,317▲
Operating profit (loss)9901-€4,932-€1,829▲
Financial income75/76B€120€33,370▲
Recurring financial income75€120€33,370▲
Financial charges65/66B€38€39▲
Recurring financial charges65€38€39▲
Profit (loss) for the period before taxes9903-€4,850€31,502▲
Income taxes67/77-€3,150
Profit (loss) for the period9904-€4,850€28,352▲
Profit (loss) for the period to be appropriated9905-€4,850€28,352▲
Appropriation of the result
Profit (loss) to be appropriated9906-€4,850€28,352▲
Transfer from equity791/2€4,850-
Transfer to equity691/2-€28,352
To other reserves6921-€28,352

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A€43,459-----
Other operating charges640/8€2,918€615€838€727€512▼ 29.6%
Gross operating margin9900€71,345-€6,245-€22,564-€4,206-€1,317▲ 68.7%
Operating profit (loss)9901€68,427-€6,861-€23,402-€4,932-€1,829▲ 62.9%
Financial income75/76B€7,392€58,058€100,088€120€33,370▲ 27,734%
Recurring financial income75€7,392€58,058€100,088€120€33,370▲ 27,734%
Financial charges65/66B€61€5,780€114€38€39▲ 4.0%
Recurring financial charges65€61€5,780€114€38€39▲ 4.0%
Profit (loss) for the period before taxes9903€75,758€45,417€76,572-€4,850€31,502▲ 750%
Income taxes67/77€15,427€2,349--€3,150-
Profit (loss) for the period9904€60,331€43,068€76,572-€4,850€28,352▲ 685%
Profit (loss) for the period to be appropriated9905€60,331€43,068€76,572-€4,850€28,352▲ 685%
Line20212022202320242025Change
Assets
Total assets20/58€666,572€697,225€620,766€615,412€646,914▲ 5.1%
Fixed assets21/28€81,727€81,727€11,815€11,815€6,185▼ 47.7%
Financial fixed assets28€81,727€81,727€11,815€11,815€6,185▼ 47.7%
Current assets29/58€584,844€615,498€608,951€603,596€640,729▲ 6.2%
Amounts receivable after more than one year29€535,847€543,863€401,023€401,023€401,023=
Other amounts receivable291€535,847€543,863€401,023€401,023€401,023=
Amounts receivable within one year40/41--€1,740€1,740€1,740=
Other amounts receivable41--€1,740€1,740€1,740=
Cash at bank and in hand54/58€48,947€71,585€206,138€200,833€237,965▲ 18.5%
Deferred charges and accrued income490/1€50€50€50---
Equity and liabilities
Total equity and liabilities10/49€666,572€697,225€620,766€615,412€646,914▲ 5.1%
Equity10/15€493,230€536,298€612,870€608,020€636,372▲ 4.7%
Contributions10/11€165,945€165,945€165,945€165,945€165,945=
Capital10€165,945€165,945€165,945€165,945€165,945=
Issued capital100€165,945€165,945€165,945€165,945€165,945=
Reserves13€327,285€370,353€446,926€442,076€470,427▲ 6.4%
Non-distributable reserves130/1€24,162€24,162€24,162€24,162€24,162=
Legal reserve130€24,162€24,162€24,162€24,162€24,162=
Tax-exempt reserves132€13,773€13,773€13,773€13,773€13,773=
Distributable reserves133€289,349€332,418€408,990€404,140€432,491▲ 7.0%
Provisions and deferred taxes16€7,392€7,392€7,392€7,392€7,392=
Deferred taxes168€7,392€7,392€7,392€7,392€7,392=
Amounts payable17/49€165,950€153,536€504-€3,150-
Amounts payable within one year42/48€165,950€153,536€504-€3,150-
Trade debts44-€1,247€504---
Suppliers440/4-€1,247€504---
Taxes, remuneration and social security45-€1,716--€3,150-
Taxes450/3-€1,716--€3,150-
Other amounts payable47/48€165,950€150,573----
Line20212022202320242025Change
Profit (loss) for the period9904€60,331€43,068€76,572-€4,850€28,352▲ 685%
Operating cash flow (approximation)€60,331€43,068€76,572-€4,850€28,352▲ 685%
Investment in fixed assets (approximation)-€0€69,912€0€5,630-
Change in cash-€22,638€134,552-€5,304€37,132▲ 800%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-06-2027
2026
10-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 10 days late
2025
30-11
Financial Back to profitnet €28,352
Net result €28,352 after one loss-making year.
25-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
01-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
30-11
Financial Highest result since 2018net €76,572 ▲77.8%
Net result €76,572, the highest in the series.
30-11
Financial Liquidity times 301current ratio 1207.21
Current ratio from 4.01 to 1207.21; short-term debt falls from €153,536 to €504.
10-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 41 days late
2022
30-11
Financial Equity above €500,000Eq €536,298 ▲8.7%
3 profitable years in a row build equity to €536,298.
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-11
Financial Back to profitnet €19,433
Net result €19,433 after one loss-making year.
30-11
Financial Liquidity times 7current ratio 42.69
Current ratio from 6.09 to 42.69; short-term debt falls from €77,043 to €11,636.
Show earlier events
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-11
Financial Weakest financial yearnet -€23,500
Net result drops to -€23,500, the lowest in the series; recovery starts the following year.
17-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
9 acts for this company are 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, Pelt · 1 establishment unit since 1988
seat establishment approximate The establishment unit on the map
Ground area
1,679 m²
Building footprint
289 m²
Volume, LiDAR
1,257 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
HIMADA
Houtmolenstraat 63 A, 3900 PeltNACE 70201
since 19882.033.522.747
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72029A0716/00N000 Flanders 1,320 m² 1 · 198 m² 8.3 m · 2 fl.
72029A1345/00D000 Flanders 359 m² 1 · 92 m² 3.1 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 30-11-2025 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 30-11-2025 of HIMADA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded03-12-1987
Fiscal year end30-11
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

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