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HiPas

Active
Private limited company (pre-2019)founded 201115 yrs activeMarktplein(KIE) 71, 9130 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0832.827.449

HiPas has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €105k and a net result of €42k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 64% of 4488 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
79 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▲+14
Solvency78▼-14
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.72 against 2.56 in 2024; short-term debt: 45.8% and cash: 40.7% of total assets), and 47% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
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 2025
Solvency, return and age of the figures
Solvency
53%
Return on assets
21.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 d early
2024
22 d early
2023
on the day
2022
11 d late
2021
31 d early
2020
19 d late
2019
17 d early
← before the deadline after the deadline →
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 months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€105k▼ 31.5%
2024 · €153k
2018: €72k 2019: €91k 2020: €103k 2021: €116k 2022: €125k 2023: €136k 2024: €153k
2018 → 2025
Total assets
€198k▼ 13.9%
2024 · €230k
2018: €122k 2019: €149k 2020: €166k 2021: €198k 2022: €202k 2023: €204k 2024: €230k
2018 → 2025
Net result
€42k▲ 77.5%
2024 · €24k
2018: €2k 2019: €19k 2020: €37k 2021: €31k 2022: €28k 2023: €20k 2024: €24k
2018 → 2025
Working capital
€65k▼ 43.7%
2024 · €116k
2018: €31k 2019: €55k 2020: €63k 2021: €61k 2022: €43k 2023: €76k 2024: €116k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€116k-€125k▲ 7.2%€136k▲ 9.3%€153k▲ 12.4%€105k▼ 31.5%
Operating result€46k-€28k▼ 39.3%€27k▼ 3.1%€34k▲ 23.1%€58k▲ 71.5%
Net result€31k-€28k▼ 9.2%€20k▼ 28.2%€24k▲ 17.6%€42k▲ 77.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €46k€46kNet result 2021: €31k€31kOperating result 2022: €28k€28kNet result 2022: €28k€28kOperating result 2023: €27k€27kNet result 2023: €20k€20kOperating result 2024: €34k€34kNet result 2024: €24k€24kOperating result 2025: €58k€58kNet result 2025: €42k€42k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 72% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €198k
Fixed assets €42k▲ 5.6%
Current assets €156k▼ 18.0%
Equity and liabilities €198k
Equity €105k▼ 31.5%
Debt €93k▲ 21.3%
The debt ratio rises from 33.3% to 47.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€86k
2024 · €60k
Cash flow
€71k
2024 · €50k
Solvency
53.0%
2024 · 66.7%
Current ratio
1.72
2024 · 2.56
Quick ratio
1.72
2024 · 2.56
Debt / equity
0.89
2024 · 0.50
ROE
40.4%
2024 · 15.6%
ROA
21.4%
2024 · 10.4%
Interest coverage
462.72
2024 · 31.02
Debt
€93k
2024 · €77k
Debt ≤ 1 year
€91k
2024 · €74k
Income taxes
€16k
2024 · €8k
Staff costs
€340k
2024 · €279k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€230k€198k
Fixed assets21/28€40k€42k
Tangible fixed assets22/27€40k€42k
Furniture and vehicles24€40k€42k
Financial fixed assets28€30€30=
Current assets29/58€190k€156k
Amounts receivable within one year40/41€92k€70k
Trade receivables40€90k€68k
Other amounts receivable41€2k€2k
Cash at bank and in hand54/58€93k€81k
Deferred charges and accrued income490/1€5k€5k
Equity and liabilities
Total equity and liabilities10/49€230k€198k
Equity10/15€153k€105k
Contributions10/11€9k€9k=
Reserves13€144k€96k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€142k€94k
Amounts payable17/49€77k€93k
Amounts payable within one year42/48€74k€91k
Trade debts44€8k€5k
Suppliers440/4€8k€5k
Taxes, remuneration and social security45€60k€81k
Taxes450/3€17k€32k
Remuneration and social security454/9€43k€50k
Other amounts payable47/48€7k€4k
Accrued charges and deferred income492/3€2k€2k=
Income statement Code20242025
Remuneration, social security and pensions62€279k€340k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€29k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5k
Other operating charges640/8€8k€4k
Gross operating margin9900€347k€435k
Operating profit (loss)9901€34k€58k
Financial income75/76B€0€992
Recurring financial income75€0€0
Non-recurring financial income76B-€992
Financial charges65/66B€2k€187
Recurring financial charges65€2k€187
Profit (loss) for the period before taxes9903€32k€59k
Income taxes67/77€8k€16k
Profit (loss) for the period9904€24k€42k
Profit (loss) for the period to be appropriated9905€24k€42k
Appropriation of the result
Profit (loss) to be appropriated9906€24k€42k
Transfer from equity791/2-€87k
Transfer to equity691/2€17k€38k
To other reserves6921€17k€38k
Profit to be distributed694/7€7k€91k
Return on contributions (dividend)694-€87k
Directors or managers695€7k€4k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €42k ▲77.5%
Operating result €58k, net result €42k, both a record.
09-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €150kEq €153k ▲12.4%
7 profitable years in a row build equity to €153k.
31-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
11-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
19-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-12
Financial Equity above €100kEq €103k ▲12.4%
3 profitable years in a row build equity to €103k.
14-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
15-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
14-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2011
establishment The establishment unit on the map
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.

Marktplein(KIE) 719130 Beveren-Kruibeke-Zwijndrecht
Ground area
100 m²
Building footprint
87 m²
Volume, LiDAR
822 m³
Parcel 46012C0005/00H005, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Marktplein(KIE) 71, 9130 Beveren-Kruibeke-Zwijndrecht
Non-scheduled passenger transport by road
since 20112.195.545.411
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46012C0005/00H005 Flanders 100 m² 1 · 87 m² 12.0 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

Of 6,686 companies in sector 49330 we hold annual accounts for 2,284. 1,581 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded17-01-2011
Fiscal year end31-12
Activities, NACEBEL
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49390Land transport and transport via pipelines
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:0477/32 57 87
Enterprise