Financials
- Financial year
- 2025
- Total assets
- €341,953
- Profit
- €12,744
- Solvency
- 64.2%
Total assets▼ 19.3%
Net result
20192025
HIP2C
ActiveSummary
HIP2C has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €219,677 and a net result of €12,744. Equity remains stable across the filed financial years (±0.9% per year). Its solvency ranks better than 69% of 34,789 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Plumbing work
NACE 43221
1 site
Size
≈ €260,000turnover 2025, estimated
- Staff
- ≈ 0.2 FTE, estimated
- Equity
- €219,677
- Profit
- €12,744
Turnover estimated from the gross margin
Why 91raises riskFigures for financial year 2025 (filed 01-11-2025)Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 2.74, cash €107,271Equity €219,677 (64.2% of total assets)Show the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency
89+15
equity 64.2% of total assets
Liquidity
79-2
short-term debt 26.7% · cash 31.4%
Profitability
73-4
return on assets 3.7%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%lowest value
12-2024: 0.1%● unchanged vs 11-2024lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025lowest value
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.2%▲ +0.1 percentage points vs 10-2025highest value
12-2025: 0.1%▼ -0.1 percentage points vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.2%▲ +0.1 percentage points vs 09-2026
Credit of up to €19,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.74, compared with 1.82 in 2024, above the usual 1.5; short-term debt: 26.7% and cash: 31.4% of total assets), and 35.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 70% on solvency, 77% on liquidity, 45% on profitability and 49% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
37 days early
2023
26 days early
2022
40 days early
2021
6 days early
2020
2 days early
2019
9 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 17 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 5 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-03-2026 year end29-10-2026 today31-10-2026 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Appointment: Davy De Maesschalck (director)Amendment of the articles ·…
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Board & ownership
- Board
- 1 member
- Davy De MaesschalckDirector
Timeline
- Events
- 14
- Since
- 2014
- Next accounts
- by 31-10-2026
- 05-10-2023Annual accounts filed
- 21-09-2022Annual accounts filed
- 25-10-2021Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Plumbing workNACE 43221
- Founded
- 31-01-2012
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 11
- Who signs
- Each director alone
- Annual meeting
- Second Friday of September at 18:00
- Purpose
- “Alle installaties van sanitair,aan- en verkoop in het groot en in het klein van…” (deed in Dutch)
Key facts about HIP2C
- What is the company number of HIP2C?
- 0843.232.381. In Belgium the VAT number is the company number with BE in front: BE 0843.232.381.
- Where is HIP2C based?
- The registered office is at Moerputstraat 4, 9100 Sint-Niklaas.Company details
- What does HIP2C do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of HIP2C?
- Private limited company (BV).
- When was HIP2C founded?
- On 31-01-2012.
- Is HIP2C still active?
- Yes, HIP2C is an active enterprise in the KBO register.
- What is the turnover of HIP2C?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is HIP2C profitable?
- In financial year 2025, HIP2C made a profit of €12,744.
- Where can I find the annual accounts of HIP2C?
- HIP2C filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HIP2C due?
- By 31-10-2026, for financial year 2026.Timeline
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