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Hinx

Active
Private limited companyfounded 20242 yrs activeOude Gentstraat 28A, 8760 Tielt, BelgiumKBO/BCE: BE 1006.145.663
Summary

Hinx has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,191 and a net result of -€5,809. Its solvency ranks better than 22% of 3158 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes
Profitability32
Solvency31
Growth-
Track record67
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.06; short-term debt: 94.5% and cash: 49.4% of total assets), and 94.5% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
5.5%
Return on assets
-2.3%
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 22% of 3158 sector peers (2025).
NBB · sector comparison
Position among 3158 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
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

On 19 February 2024, Hinx was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

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

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Financials · fiscal year 2025, micro schema

Equity
€14,191
Total assets
€256,572
Net result
-€5,809
Working capital
€14,191

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €256,572
Equity €14,191
Debt €242,381
Debt finances 94.5% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
1.06
Quick ratio
0.60
Debt to equity
17.08
ROE
-40.9%
ROA
-2.3%
Debt ≤ 1 year
€242,381

Peer companies

Historical observation

Of the 1,304 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
5.2% went bankrupt
1.6% stopped otherwise
92% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% 1.6%
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 74% 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 1,304 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 · 28 lines
Balance sheet Code2025
Assets
Total assets20/58€256,572
Current assets29/58€256,572
Stocks and contracts in progress3€111,075
Stocks30/36€27,939
Contracts in progress37€83,136
Amounts receivable within one year40/41€18,689
Other amounts receivable41€18,689
Cash at bank and in hand54/58€126,808
Equity and liabilities
Total equity and liabilities10/49€256,572
Equity10/15€14,191
Contributions10/11€20,000
Profit (loss) carried forward14-€5,809
Amounts payable17/49€242,381
Amounts payable within one year42/48€242,381
Current portion of amounts payable after more than one year42€100,000
Financial debts43€100,000
Credit institutions430/8€100,000
Trade debts44€42,381
Suppliers440/4€42,381
Income statement Code2025
Other operating charges640/8€915
Gross operating margin9900€3,409
Operating profit (loss)9901€2,494
Financial charges65/66B€8,303
Recurring financial charges65€8,303
Profit (loss) for the period before taxes9903-€5,809
Profit (loss) for the period9904-€5,809
Profit (loss) for the period to be appropriated9905-€5,809
Appropriation of the result
Profit (loss) to be appropriated9906-€5,809

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€915
Gross operating margin9900€3,409
Operating profit (loss)9901€2,494
Financial charges65/66B€8,303
Recurring financial charges65€8,303
Profit (loss) for the period before taxes9903-€5,809
Profit (loss) for the period9904-€5,809
Profit (loss) for the period to be appropriated9905-€5,809
Line2025
Assets
Total assets20/58€256,572
Current assets29/58€256,572
Stocks and contracts in progress3€111,075
Stocks30/36€27,939
Contracts in progress37€83,136
Amounts receivable within one year40/41€18,689
Other amounts receivable41€18,689
Cash at bank and in hand54/58€126,808
Equity and liabilities
Total equity and liabilities10/49€256,572
Equity10/15€14,191
Contributions10/11€20,000
Profit (loss) carried forward14-€5,809
Amounts payable17/49€242,381
Amounts payable within one year42/48€242,381
Current portion of amounts payable after more than one year42€100,000
Financial debts43€100,000
Credit institutions430/8€100,000
Trade debts44€42,381
Suppliers440/4€42,381
Line2025
Profit (loss) for the period9904-€5,809
Operating cash flow (approximation)-€5,809

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

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Tielt · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
7,320 m²
Building footprint
3,961 m²
Volume, LiDAR
29,154 m³
Parcel 37322C0216/00H000, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Hinx
Oude Gentstraat 28A, 8760 TieltCrop and animal production, hunting and related service activities
since 20242.356.115.746
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37322C0216/00H000 Flanders 7,320 m² 1 · 3,961 m² 11.5 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 73 companies in sector 01160 we hold annual accounts for 19. 5 are within a factor 10 of this equity. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded19-02-2024
Fiscal year end31-12
Activities, NACEBEL 2025
01160Crop and animal production, hunting and related service activities
01610Support activities for crop production
13100Manufacture of textiles
28300Manufacture of machinery and equipment not elsewhere classified
46190Agents in non-specialised wholesale trade
46610Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:1006145663
Registered 23-05-2026

Register as of 27 September 2026 · Peppol Directory

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