HINNEKENS
ActiveHINNEKENS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €307k and a net result of €64k. Equity is growing by ~36.4% per year across the filed fiscal years. Its solvency ranks better than 21% of 2935 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72=
Solvency37▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.15 against 6.27 in 2023; short-term debt: 87.5% and cash: 7.6% of total assets), and 87.5% of the assets are financed with debt.
Credit advice 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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 21% of 2935 sector peers (2024).
NBB · sector comparisonPosition among 2935 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-09-2025, 32 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
32 d late
2023
8 d early
2022
450 d late
2021
2 d late
2020
5 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€307k▲ 29.8%
2023 · €236k
2020: €95k
2021: €104k
2022: €163k
2023: €236k
2020 → 2024
Total assets
€2.46M▼ 3.0%
2023 · €2.54M
2020: €2.50M
2021: €2.48M
2022: €2.49M
2023: €2.54M
2020 → 2024
Net result
€64k▼ 12.1%
2023 · €73k
2020: €82k
2021: €62k
2022: €59k
2023: €73k
2020 → 2024
Working capital
€-1.84M
2023 · €302k
2020: €110k
2021: €123k
2022: €202k
2023: €302k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€95k-€104k▲ 10.3%€163k▲ 56.7%€236k▲ 44.7%€307k▲ 29.8%
Operating result€113k-€88k▼ 21.9%€85k▼ 3.2%€104k▲ 21.6%€81k▼ 21.7%
Net result€82k-€62k▼ 24.3%€59k▼ 5.0%€73k▲ 23.5%€64k▼ 12.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 22% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.46M
Fixed assets
€2.14M▼ 1.8%
Current assets
€322k▼ 10.6%
Equity and liabilities €2.46M
Equity
€307k▲ 29.8%
Debt
€2.16M▼ 6.4%
The debt ratio falls from 90.7% to 87.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€120k▼
2023 · €153k
Cash flow
€103k▼
2023 · €122k
Solvency
12.5%▲
2023 · 9.3%
Current ratio
0.15▼
2023 · 6.27
Quick ratio
0.15▼
2023 · 6.27
Debt / equity
7.03▼
2023 · 9.75
ROE
20.9%▼
2023 · 30.9%
ROA
2.6%▼
2023 · 2.9%
Interest coverage
487.39▲
2023 · 186.64
Debt
€2.16M▼
2023 · €2.30M
Debt ≤ 1 year
€2.16M▲
2023 · €57k
Income taxes
€19k▼
2023 · €32k
Staff costs
€0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.54M€2.46M▼
Fixed assets21/28€2.18M€2.14M▼
Tangible fixed assets22/27€361k€323k▼
Land and buildings22€318k€297k▼
Plant, machinery and equipment23€26k€18k▼
Furniture and vehicles24€17k€8k▼
Financial fixed assets28€1.82M€1.82M=
Current assets29/58€360k€322k▼
Amounts receivable within one year40/41€298k€131k▼
Trade receivables40€16k€49k▲
Other amounts receivable41€281k€82k▼
Cash at bank and in hand54/58€58k€186k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€2.54M€2.46M▼
Equity10/15€236k€307k▲
Contributions10/11€12k€19k▲
Reserves13€224k€288k▲
Distributable reserves133€224k€288k▲
Amounts payable17/49€2.30M€2.16M▼
Amounts payable after more than one year17€2.25M-
Financial debts170/4€2.25M-
Amounts payable within one year42/48€57k€2.16M▲
Current portion of amounts payable after more than one year42€12k€7k▼
Trade debts44€4k€35k▲
Suppliers440/4€4k€35k▲
Taxes, remuneration and social security45€41k€16k▼
Taxes450/3€41k€16k▼
Other amounts payable47/48-€2.10M
Accrued charges and deferred income492/3€118€118=
Income statement
Code20232024
Remuneration, social security and pensions62-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€39k▼
Other operating charges640/8€5k€5k▼
Non-recurring operating charges66A€840€106▼
Gross operating margin9900€159k€125k▼
Operating profit (loss)9901€104k€81k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€818€247▼
Recurring financial charges65€818€247▼
Profit (loss) for the period before taxes9903€105k€83k▼
Income taxes67/77€32k€19k▼
Profit (loss) for the period9904€73k€64k▼
Profit (loss) for the period to be appropriated9905€73k€64k▼
Appropriation of the result
Profit (loss) to be appropriated9906€73k€64k▼
Transfer to equity691/2€73k€64k▼
To other reserves6921€73k€64k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 32 days late
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
23-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 450 days late
2023
31-12
Financial
Equity above €200kEq €236k ▲44.7%
4 profitable years in a row build equity to €236k.
2022
30-09
Financial
Weakest financial yearnet €59k ▼5%
Net result drops to €59k, the lowest in the series; recovery starts the following year.
30-09
Financial
Equity above €150kEq €163k ▲56.7%
3 profitable years in a row build equity to €163k.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 2 days late
2021
30-09
Financial
Equity above €100kEq €104k ▲10.3%
2 profitable years in a row build equity to €104k.
05-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kortrijk · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Aalbeeksesteenweg(Kor) 768500 KortrijkGround area
471 m²
Building footprint
327 m²
Volume, LiDAR
2,617 m³
Parcel 34022E0551/00A013, Flanders · tallest building 14.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HINNEKENS
since 20182.283.149.475
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0551/00A013 | Flanders | 471 m² | 1 · 327 m² | 14.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AROFISC
BE 0462.014.067
Antwerpen · Eq €307k
ANTHONIS FISC
BE 0890.428.029
Herentals · Eq €307k
LAFIDUCIAIRE.BE
BE 0890.805.834
Lasne · Eq €306k
YELLOW2B
BE 0870.959.040
Pelt · Eq €306k
MEIRE ACCOUNTANCY
BE 0871.860.150
Lievegem · Eq €306k
Of 12,174 companies in sector 69201 we hold annual accounts for 7,638. 6,049 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-2018
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.