HINNOYA
ActiveSummary
HINNOYA has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-6
Solvency30▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.75 against 0.85 in 2024; short-term debt: 13.3% and cash: 5% of total assets), and 95% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
5%
Return on assets
0.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 10359 sector peers (2025).
NBB · sector comparisonPosition among 10359 sector peers
Solvency
better than 16%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €34k
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
on the day
2023
29 d late
2022
31 d late
2021
31 d late
2020
12 d early
2019
21 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2k▼ 83.7%
2024 · €13k
2018: €-9k
2019: €-22k
2020: €-11k
2021: €15k
2022: €63k
2023: €522
2024: €13k
2018 → 2025
Working capital
€-23k▼ 74.5%
2024 · €-13k
2018: €-40k
2019: €-58k
2020: €-63k
2021: €-46k
2022: €18k
2023: €19k
2024: €-13k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-44k-€19k€19k▲ 2.8%€32k▲ 65.6%€34k▲ 6.4%
Operating result€20k-€65k▲ 223%€2k▼ 97.7%€16k▲ 959%€8k▼ 48.5%
Net result€15k-€63k▲ 317%€522▼ 99.2%€13k▲ 2,333%€2k▼ 83.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 49% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €680k
Fixed assets
€613k ▲ 211%
Current assets
€68k ▼ 9.3%
Equity and liabilities €680k
Equity
€34k ▲ 6.4%
Debt
€646k ▲ 169%
Debt's share of the balance-sheet total rises from 88.2% to 95.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€78k▲
2024 · €44k
Cash flow
€71k▲
2024 · €40k
Current ratio
0.75▼
2024 · 0.85
Debt to equity
18.93▲
2024 · 7.48
ROE
6.1%▼
2024 · 39.6%
ROA
0.3%▼
2024 · 4.7%
Interest coverage
11.45▼
2024 · 13.42
Debt ≤ 1 year
€90k▲
2024 · €88k
Debt > 1 year
€556k▲
2024 · €150k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€272k€680k▲
Fixed assets21/28€197k€613k▲
Tangible fixed assets22/27€197k€613k▲
Land and buildings22€197k€612k▲
Plant, machinery and equipment23-€738
Financial fixed assets28€0-
Current assets29/58€75k€68k▼
Amounts receivable within one year40/41€71k€33k▼
Trade receivables40€71k€33k▼
Cash at bank and in hand54/58€3k€34k▲
Deferred charges and accrued income490/1€270€264▼
Equity and liabilities
Total equity and liabilities10/49€272k€680k▲
Equity10/15€32k€34k▲
Contributions10/11€39k€39k=
Reserves13€0-
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€0-
Distributable reserves133€0-
Profit (loss) carried forward14€-6k€-4k▲
Amounts payable17/49€240k€646k▲
Amounts payable after more than one year17€150k€556k▲
Financial debts170/4€150k€556k▲
Amounts payable within one year42/48€88k€90k▲
Current portion of amounts payable after more than one year42€24k€24k=
Trade debts44€2k€947▼
Suppliers440/4€2k€947▼
Taxes, remuneration and social security45€1k€4k▲
Taxes450/3€1k€4k▲
Other amounts payable47/48€61k€61k=
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€69k▲
Other operating charges640/8€2k€5k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€46k€83k▲
Operating profit (loss)9901€16k€8k▼
Financial income75/76B€0€618▲
Recurring financial income75€0€618▲
Financial charges65/66B€3k€7k▲
Recurring financial charges65€3k€7k▲
Profit (loss) for the period before taxes9903€13k€2k▼
Profit (loss) for the period9904€13k€2k▼
Transfer from tax-exempt reserves789€816€0▼
Profit (loss) for the period to be appropriated9905€14k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-4k▲
Profit (loss) brought forward from the previous period14P€-43k€-6k▲
Transfer from equity791/2€23k€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €63k ▲317%
Operating result €65k, net result €63k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Back to profitnet €15k
Net result €15k after 3 loss-making years.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
31-12
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
25-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 25 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Tournai · 1 establishment unit since 1977
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.
Clos des Chaumières(K) 637540 TournaiGround area
1,043 m²
Building footprint
239 m²
Volume, LiDAR
731 m³
2 parcels, Wallonia · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PHARMACIE DESMEDT
since 19772.013.320.023
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57042C0377/00S002 | Wallonia | 884 m² | 1 · 150 m² | 6.7 m · 2 fl. |
| 57081F0357/00B000 | Wallonia | 159 m² | 1 · 89 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTournai2.013.320.023
Similar companies · same sector, comparable size
Apotheek Donné
BE 0719.888.270
Turnhout · Eq €34,184
Pharmacie de Forest National
BE 0568.823.836
Vorst · Eq €34,213
TIMPRO
BE 0419.127.397
Edegem · Eq €34,020
SMILLA
BE 1000.480.170
Tongeren-Borgloon · Eq €34,309
HELEPHAR
BE 1005.996.896
Wingene · Eq €34,399
Of 5,220 companies in sector 47730 we hold annual accounts for 3,861. 2,201 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-02-1977
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.