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HiNode

Active
Private limited companyfounded 20224 yrs activeClos du Relais 55, 1300 Wavre, BelgiumKBO/BCE: BE 0786.963.374
Summary

The computed 12-month bankruptcy probability of HiNode is 1.7% (moderate). The 2024 annual accounts show negative equity (-€10,880) and a net result of -€2,225. Equity is shrinking by ~74.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 20786 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Age of the figures
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
222324
2022 to 2024 · latest year -€10,880
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
41 d early
2023
43 d early
2022
41 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 42 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
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

HiNode was incorporated on 9 June 2022 as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€10,880▼ 25.7%
2023 · -€8,656
Total assets
€805▼ 76.7%
2023 · €3,449
Net result
-€2,225▲ 79.2%
2023 · -€10,680
Working capital
-€11,010▼ 22.8%
2023 · -€8,967
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€1,610--€10,590-€2,046▲ 80.7%
Net result€1,024below the sector's middle half--€10,680below the sector's middle half-€2,225below the sector's middle half▲ 79.2%
Equity€2,024below the sector's middle half--€8,656below the sector's middle half-€10,880below the sector's middle half▼ 25.7%
Total assets€8,529below the sector's middle half-€3,449below the sector's middle half▼ 59.6%€805below the sector's middle half▼ 76.7%
Debt€6,504-€12,104▲ 86.1%€11,685▼ 3.5%
Working capital€1,545below the sector's middle half--€8,967below the sector's middle half-€11,010below the sector's middle half▼ 22.8%
Solvency23.7%below the sector's middle half-
Current ratio1.24below the sector's middle half-
Return on assets (ROA)12.0%within the sector's middle half-
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2022: €1,610€1,610Net result 2022: €1,024€1,024Operating result 2023: -€10,590-€10,590Net result 2023: -€10,680-€10,680Operating result 2024: -€2,046-€2,046Net result 2024: -€2,225-€2,225202220232024-€15,000-€10,000-€5,000€0Operating result 2022: €1,610€1,610Net result 2022: €1,024€1,020Operating result 2023: -€10,590-€10,600Net result 2023: -€10,680-€10,700Operating result 2024: -€2,046-€2,050Net result 2024: -€2,225-€2,220202220232024
The operating result stays negative: a loss of €2,046 in 2024 against €10,590 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €805
Fixed assets €280 ▼ 26.3%
Current assets €525 ▼ 82.9%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€1,946▲
2023 · -€10,490
Cash flow
-€2,125▲
2023 · -€10,580
Interest coverage
-10.86▲
2023 · -116.71
Debt ≤ 1 year
€11,535▼
2023 · €12,036
Ratios withheld: a balance sheet total of €805 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.3% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.7% 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 7,657 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 · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€3,449€805▼
Fixed assets21/28€380€280▼
Tangible fixed assets22/27€380€280▼
Furniture and vehicles24€380€280▼
Current assets29/58€3,069€525▼
Stocks and contracts in progress3€2,200€525▼
Stocks30/36€2,200€525▼
Amounts receivable within one year40/41€609-
Other amounts receivable41€609-
Cash at bank and in hand54/58€260-
Equity and liabilities
Total equity and liabilities10/49€3,449€805▼
Equity10/15-€8,656-€10,880▼
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14-€9,656-€11,880▼
Amounts payable17/49€12,104€11,685▼
Amounts payable within one year42/48€12,036€11,535▼
Trade debts44€2,104€1,659▼
Suppliers440/4€2,104€1,659▼
Taxes, remuneration and social security45€5,742€599▼
Taxes450/3€2,778€599▼
Remuneration and social security454/9€2,964-
Other amounts payable47/48€4,189€9,278▲
Accrued charges and deferred income492/3€68€150▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€100€100=
Other operating charges640/8€201€9▼
Gross operating margin9900-€10,289-€1,936▲
Operating profit (loss)9901-€10,590-€2,046▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€90€179▲
Recurring financial charges65€90€179▲
Profit (loss) for the period before taxes9903-€10,680-€2,225▲
Profit (loss) for the period9904-€10,680-€2,225▲
Profit (loss) for the period to be appropriated9905-€10,680-€2,225▲
Appropriation of the result
Profit (loss) to be appropriated9906-€9,656-€11,880▼
Profit (loss) brought forward from the previous period14P€1,024-€9,656▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,043€100€100=
Other operating charges640/8-€201€9▼ 95.5%
Gross operating margin9900€3,653-€10,289-€1,936▲ 81.2%
Operating profit (loss)9901€1,610-€10,590-€2,046▲ 80.7%
Financial income75/76B€0€0--
Recurring financial income75€0€0--
Financial charges65/66B€118€90€179▲ 99.2%
Recurring financial charges65€118€90€179▲ 99.2%
Profit (loss) for the period before taxes9903€1,492-€10,680-€2,225▲ 79.2%
Income taxes67/77€467---
Profit (loss) for the period9904€1,024-€10,680-€2,225▲ 79.2%
Profit (loss) for the period to be appropriated9905€1,024-€10,680-€2,225▲ 79.2%
Line202220232024Change
Assets
Total assets20/58€8,529€3,449€805▼ 76.7%
Fixed assets21/28€480€380€280▼ 26.3%
Tangible fixed assets22/27€480€380€280▼ 26.3%
Furniture and vehicles24€480€380€280▼ 26.3%
Current assets29/58€8,049€3,069€525▼ 82.9%
Stocks and contracts in progress3€1,742€2,200€525▼ 76.1%
Stocks30/36€1,742€2,200€525▼ 76.1%
Amounts receivable within one year40/41€137€609--
Other amounts receivable41€137€609--
Cash at bank and in hand54/58€6,170€260--
Equity and liabilities
Total equity and liabilities10/49€8,529€3,449€805▼ 76.7%
Equity10/15€2,024-€8,656-€10,880▼ 25.7%
Contributions10/11€1,000€1,000€1,000=
Profit (loss) carried forward14€1,024-€9,656-€11,880▼ 23.0%
Amounts payable17/49€6,504€12,104€11,685▼ 3.5%
Amounts payable within one year42/48€6,504€12,036€11,535▼ 4.2%
Trade debts44€191€2,104€1,659▼ 21.2%
Suppliers440/4€191€2,104€1,659▼ 21.2%
Taxes, remuneration and social security45€6,313€5,742€599▼ 89.6%
Taxes450/3€6,313€2,778€599▼ 78.5%
Remuneration and social security454/9-€2,964--
Other amounts payable47/48-€4,189€9,278▲ 121%
Accrued charges and deferred income492/3-€68€150▲ 120%
Line202220232024Change
Profit (loss) for the period9904€1,024-€10,680-€2,225▲ 79.2%
+ Depreciation and write-downs630€2,043€100€100=
Operating cash flow (approximation)€3,068-€10,580-€2,125▲ 79.9%
Investment in fixed assets (approximation)-€0€0-
Change in cash--€5,910--

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

2025
20-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€10,680
Net result drops to -€10,680, the lowest in the series; recovery starts the following year.
20-06
NBB filing Annual accounts filed
fiscal year 2022 · 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, Wavre · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,275 m²
Building footprint
186 m²
Volume, LiDAR
1,199 m³
Parcel 25112N0079/00L000, Wallonia · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
HiNode
Clos du Relais 55, 1300 WavreManufacture of basic pharmaceutical products and pharmaceutical preparations
since 20222.332.658.275
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25112N0079/00L000 Wallonia 1,275 m² 1 · 186 m² 8.9 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.

Similar companies · same sector, comparable size

Of 16,911 companies in sector 62100 we hold annual accounts for 8,786. 1,627 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
Founded09-06-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0786963374
Also 9925:BE0786963374
Registered 02-01-2026

Register as of 27 September 2026 · Peppol Directory

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