HIMOO
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 10-04-2026 PDF all 9 filings
Turnover
≈ €180,000
Estimated: probably between €150,000 and €230,000
Total assets
€307,843▼ 0.7%
2024 · €310,088
Net result
-€249
2024 · €22,947
Working capital
-€17,987▲ 1.2%
2024 · -€18,213
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€12,553
▼ 68.8%
2025
20192025
Net result
-€249
2025
middle half of the sector
20192025
Equity
€80,712
▼ 0.3%
2025
highest quarter of the sector
20192025
Total assets
€307,843
▼ 0.7%
2025
highest quarter of the sector
20192025
Debt
€227,131
▼ 0.9%
2025
20192025
Working capital
-€17,987
▲ 1.2%
2025
middle half of the sector
20192025
Solvency
26.2%
▲ 0.1pp
2025
middle half of the sector
20192025
Current ratio
0.59
▲ 0.06
2025
middle half of the sector
20192025
Return on assets (ROA)
-0.1%
▼ 7.5pp
2025
middle half of the sector
20192025
Staff (FTE)
2
▼ 45.9%
2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€50,462-€15,697▼ 68.9%€18,722▲ 19.3%€1,985▼ 89.4%€22,240▲ 11×€40,255▲ 81.0%€12,553▼ 68.8%
Net result€33,618-€4,774within the sector's middle half▼ 85.8%€8,840within the sector's middle half▲ 85.2%-€4,541within the sector's middle half€16,889above the sector's middle half€22,947above the sector's middle half▲ 35.9%-€249within the sector's middle half
Equity€19,653-€36,827within the sector's middle half▲ 87.4%€45,667within the sector's middle half▲ 24.0%€41,126within the sector's middle half▼ 9.9%€64,215above the sector's middle half▲ 56.1%€80,962above the sector's middle half▲ 26.1%€80,712above the sector's middle half▼ 0.3%
Total assets€89,181-€105,938within the sector's middle half▲ 18.8%€103,836within the sector's middle half▼ 2.0%€97,892within the sector's middle half▼ 5.7%€328,615above the sector's middle half▲ 236%€310,088above the sector's middle half▼ 5.6%€307,843above the sector's middle half▼ 0.7%
Debt€69,529-€69,111▼ 0.6%€58,169▼ 15.8%€56,766▼ 2.4%€264,401▲ 366%€229,126▼ 13.3%€227,131▼ 0.9%
Working capital-€1,892--€1,132within the sector's middle half▲ 40.1%-€3,222within the sector's middle half▼ 185%-€5,364within the sector's middle half▼ 66.5%-€33,414below the sector's middle half▼ 523%-€18,213within the sector's middle half▲ 45.5%-€17,987within the sector's middle half▲ 1.2%
Solvency22.0%-34.8%within the sector's middle half▲ 12.7pp44.0%within the sector's middle half▲ 9.2pp42.0%within the sector's middle half▼ 2.0pp19.5%within the sector's middle half▼ 22.5pp26.1%within the sector's middle half▲ 6.6pp26.2%within the sector's middle half▲ 0.1pp
Current ratio0.95-0.98within the sector's middle half▲ 0.030.94within the sector's middle half▼ 0.040.91within the sector's middle half▼ 0.030.45below the sector's middle half▼ 0.460.53within the sector's middle half▲ 0.080.59within the sector's middle half▲ 0.06
Return on assets (ROA)37.7%-4.5%within the sector's middle half▼ 33.2pp8.5%within the sector's middle half▲ 4.0pp-4.6%within the sector's middle half▼ 13.2pp5.1%within the sector's middle half▲ 9.8pp7.4%within the sector's middle half▲ 2.3pp-0.1%within the sector's middle half▼ 7.5pp
Staff (FTE)0.7-11.8▲ 80.0%1.9▲ 5.6%3.7▲ 94.7%2▼ 45.9%
above
within
below
The sector band is the middle half of the companies in Personal service activities (NACE 96). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 69% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €307,843
Fixed assets
€282,179 ▼ 2.6%
Current assets
€25,664 ▲ 26.5%
Equity and liabilities €307,843
Equity
€80,712 ▼ 0.3%
Debt
€227,131 ▼ 0.9%
Debt's share of the balance-sheet total falls from 73.9% to 73.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€33,092▼
2024 · €58,242
Cash flow
€20,290▼
2024 · €40,934
Debt to equity
2.81▼
2024 · 2.83
ROE
-0.3%▼
2024 · 28.3%
Interest coverage
3.29▼
2024 · 5.52
Debt ≤ 1 year
€43,652▲
2024 · €38,508
Debt > 1 year
€183,479▼
2024 · €190,619
Income taxes
€2,732▼
2024 · €6,762
Staff costs
€44,191▼
2024 · €81,155
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | - | 1 | 4 | 4 | 1 |
| full-time | - | 1 | 4 | - | 1 |
| part-time | - | - | - | 4 | - |
| in full-time equivalents | - | 1 | 4 | 1.7 | 1 |
| Average over the year, in full-time equivalents | 0.5 | 1.8 | 1.9 | 3 | 1.3 |
| On a permanent contract | - | 1 | 1 | - | - |
| Joined | - | 4 | 4 | 10 | 6 |
| Left | - | 5 | 1 | 10 | 9 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €6,777 | - | €294,405 | €6,151 | €9,125 |
| Intangible fixed assets | €500 | - | - | - | - |
| Financial fixed assets | - | €2,212 | €300 | - | €3,800 |
| Depreciation and write-downs of the year | €10,135 | €10,421 | €39,567 | €17,987 | €20,539 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2025 · 1 entry · €4,217 awarded · €4,217 paidSchemes
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €23,063 | €30,529 | €40,415 | €81,155 | €44,191 | ▼ 45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,605 | €7,631 | €10,135 | €10,421 | €39,567 | €17,987 | €20,539 | ▲ 14.2% |
| Other operating charges640/8 | - | - | €703 | €790 | €2,269 | €3,521 | €2,351 | ▼ 33.2% |
| Gross operating margin9900 | €77,373 | €47,921 | €52,624 | €43,725 | €104,491 | €142,917 | €79,634 | ▼ 44.3% |
| Operating profit (loss)9901 | €50,462 | €15,697 | €18,722 | €1,985 | €22,240 | €40,255 | €12,553 | ▼ 68.8% |
| Financial income75/76B | - | - | €99 | - | €0 | €1 | - | - |
| Recurring financial income75 | €51 | - | €99 | - | €0 | €1 | - | - |
| Financial charges65/66B | - | - | €4,639 | €2,848 | €4,271 | €10,547 | €10,070 | ▼ 4.5% |
| Recurring financial charges65 | €3,159 | €5,635 | €4,639 | €2,848 | €4,271 | €10,547 | €10,070 | ▼ 4.5% |
| Profit (loss) for the period before taxes9903 | €47,354 | €10,062 | €14,183 | -€863 | €17,969 | €29,709 | €2,483 | ▼ 91.6% |
| Income taxes67/77 | €13,735 | €5,288 | €5,343 | €3,678 | €1,080 | €6,762 | €2,732 | ▼ 59.6% |
| Profit (loss) for the period9904 | €33,618 | €4,774 | €8,840 | -€4,541 | €16,889 | €22,947 | -€249 | - |
| Profit (loss) for the period to be appropriated9905 | €33,618 | €4,774 | €8,840 | -€4,541 | €16,889 | €22,947 | -€249 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €89,181 | €105,938 | €103,836 | €97,892 | €328,615 | €310,088 | €307,843 | ▼ 0.7% |
| Fixed assets21/28 | €54,930 | €57,558 | €54,700 | €46,491 | €301,629 | €289,793 | €282,179 | ▼ 2.6% |
| Intangible fixed assets21 | €45,000 | €40,000 | €35,333 | €30,167 | €25,000 | €20,000 | €15,000 | ▼ 25.0% |
| Tangible fixed assets22/27 | €1,815 | €9,443 | €11,251 | €5,997 | €266,002 | €259,166 | €252,752 | ▼ 2.5% |
| Land and buildings22 | - | - | - | - | €254,975 | €245,795 | €236,615 | ▼ 3.7% |
| Plant, machinery and equipment23 | - | - | €5,543 | €3,702 | €10,507 | €7,606 | €7,053 | ▼ 7.3% |
| Furniture and vehicles24 | - | - | €5,709 | €2,295 | €520 | €5,765 | €9,084 | ▲ 57.6% |
| Financial fixed assets28 | €8,115 | €8,115 | €8,115 | €10,327 | €10,627 | €10,627 | €14,427 | ▲ 35.8% |
| Current assets29/58 | €34,251 | €48,380 | €49,137 | €51,401 | €26,986 | €20,295 | €25,664 | ▲ 26.5% |
| Amounts receivable within one year40/41 | - | €5,330 | €4,657 | €5,435 | €2,800 | €941 | €12,739 | ▲ 14× |
| Trade receivables40 | - | - | - | €5,435 | €2,800 | - | - | - |
| Other amounts receivable41 | - | - | €4,657 | - | - | €941 | €12,739 | ▲ 14× |
| Cash at bank and in hand54/58 | €34,251 | €43,050 | €44,479 | €45,966 | €23,860 | €19,354 | €12,925 | ▼ 33.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €327 | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €89,181 | €105,938 | €103,836 | €97,892 | €328,615 | €310,088 | €307,843 | ▼ 0.7% |
| Equity10/15 | €19,653 | €36,827 | €45,667 | €41,126 | €64,215 | €80,962 | €80,712 | ▼ 0.3% |
| Contributions10/11 | €6,200 | €18,600 | €18,600 | €18,600 | €24,800 | €18,600 | €18,600 | = |
| Capital10 | - | - | €18,600 | €18,600 | €24,800 | - | - | - |
| Issued capital100 | - | - | €18,600 | €18,600 | €37,200 | - | - | - |
| Uncalled capital101 | - | - | - | - | €12,400 | - | - | - |
| Contributions outside capital11 | - | - | - | - | - | €18,600 | €18,600 | = |
| Other1109/19 | - | - | - | - | - | €18,600 | €18,600 | = |
| Reserves13 | €33,618 | €33,618 | €33,618 | €33,618 | €33,618 | €33,618 | €33,618 | = |
| Distributable reserves133 | - | - | €33,618 | €33,618 | €33,618 | €33,618 | €33,618 | = |
| Profit (loss) carried forward14 | -€20,165 | -€15,391 | -€6,551 | -€11,092 | €5,797 | €28,744 | €28,494 | ▼ 0.9% |
| Amounts payable17/49 | €69,529 | €69,111 | €58,169 | €56,766 | €264,401 | €229,126 | €227,131 | ▼ 0.9% |
| Amounts payable after more than one year17 | €33,386 | €19,598 | €5,810 | - | €204,000 | €190,619 | €183,479 | ▼ 3.7% |
| Financial debts170/4 | - | - | €5,810 | - | €204,000 | €190,619 | €183,479 | ▼ 3.7% |
| Amounts payable within one year42/48 | €36,142 | €49,513 | €52,359 | €56,766 | €60,401 | €38,508 | €43,652 | ▲ 13.4% |
| Financial debts43 | - | - | €8,535 | €8,532 | €7,783 | €15,481 | €15,412 | ▼ 0.4% |
| Credit institutions430/8 | - | - | €8,535 | €8,532 | €7,783 | €15,481 | €15,412 | ▼ 0.4% |
| Trade debts44 | €1,421 | €3,755 | €1,775 | €12,231 | €11,502 | €12,526 | €5,300 | ▼ 57.7% |
| Suppliers440/4 | - | - | €1,775 | €12,231 | €11,502 | €12,526 | €5,300 | ▼ 57.7% |
| Taxes, remuneration and social security45 | - | - | €7,086 | €1,211 | €18,894 | €9,668 | €4,991 | ▼ 48.4% |
| Taxes450/3 | - | - | €3,717 | €1,211 | €8,630 | €7,148 | €1,908 | ▼ 73.3% |
| Remuneration and social security454/9 | - | - | €3,369 | - | €10,265 | €2,520 | €3,083 | ▲ 22.3% |
| Other amounts payable47/48 | - | - | €34,963 | €34,791 | €22,222 | €832 | €17,948 | ▲ 22× |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,618 | €4,774 | €8,840 | -€4,541 | €16,889 | €22,947 | -€249 | - |
| + Depreciation and write-downs630 | €5,605 | €7,631 | €10,135 | €10,421 | €39,567 | €17,987 | €20,539 | ▲ 14.2% |
| Operating cash flow (approximation) | €39,223 | €12,406 | €18,975 | €5,880 | €56,455 | €40,934 | €20,290 | ▼ 50.4% |
| Investment in fixed assets (approximation) | - | -€10,259 | -€7,277 | -€2,212 | -€294,705 | -€6,151 | -€12,925 | ▼ 110% |
| Change in cash | - | €8,800 | €1,429 | €1,487 | -€22,106 | -€4,506 | -€6,428 | ▼ 42.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,166 companies had the same profile as HIMOO has now. Two years later, 94.1% were still going and 2.5% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
94.1%
was still going
3.0%
stopped otherwise
2.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of HIMOO itself is lower: 0.3% within 12 months. It rests on far more data about HIMOO than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,166 companies, not a prediction for HIMOO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 10-04-2026 | 2026-00077589 | |
| 30-09-2024 | micro format | 22-05-2025 | 2025-00103407 | |
| 30-09-2023 | micro format | 05-04-2024 | 2024-00058158 | |
| 30-09-2022 | micro format | 26-04-2023 | 2023-00066659 | |
| 30-09-2021 | micro format | 25-04-2022 | 2022-20009228 | |
| 30-09-2020 | micro format | 31-03-2021 | 2021-09200264 | |
| 30-09-2019 | micro format | 31-03-2020 | 2020-08000481 | |
| 30-09-2018 | micro format | 29-04-2019 | 2019-11400194 | |
| 30-09-2017 | micro format | 10-04-2018 | 2018-09400252 |