HIPASS
ActiveSummary
HIPASS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138k and a net result of €11k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 79% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 5.84 against 4.99 in 2024; short-term debt: 16.6% and cash: 14.1% of total assets), and 16.6% of the assets are financed with debt.
Credit advice for your own amount and term
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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
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
83.4%
Return on assets
6.4%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
18 d late
2023
on the day
2022
24 d late
2021
145 d late
2020
86 d late
2019
122 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, micro schema
Turnover
€0
2021 · €0
2021: €0
2021 → 2022
Total assets
€166k▲ 6.1%
2024 · €156k
2018: €103k
2019: €127k
2020: €118k
2021: €154k
2022: €148k
2023: €129k
2024: €156k
2018 → 2025
Net result
€11k▼ 41.7%
2024 · €18k
2018: €3k
2019: €-2k
2020: €-314
2021: €20k
2022: €2k
2023: €2k
2024: €18k
2018 → 2025
Working capital
€133k▲ 16.8%
2024 · €114k
2018: €84k
2019: €80k
2020: €80k
2021: €83k
2022: €78k
2023: €87k
2024: €114k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0-€0
Equity€105k-€107k▲ 2.3%€109k▲ 2.3%€128k▲ 16.6%€138k▲ 8.3%
Operating result€32k-€5k▼ 83.5%€7k▲ 28.1%€29k▲ 339%€19k▼ 35.4%
Net result€20k-€2k▼ 87.5%€2k▼ 0.7%€18k▲ 649%€11k▼ 41.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 35% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €166k
Fixed assets
€5k ▼ 63.5%
Current assets
€161k ▲ 12.7%
Equity and liabilities €166k
Equity
€138k ▲ 8.3%
Debt
€28k ▼ 3.8%
Debt's share of the balance-sheet total falls from 18.3% to 16.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€29k▼
2024 · €41k
Cash flow
€21k▼
2024 · €30k
Current ratio
5.84▲
2024 · 4.99
Debt to equity
0.20▼
2024 · 0.22
ROE
7.7%▼
2024 · 14.2%
ROA
6.4%▼
2024 · 11.6%
Interest coverage
14.19▼
2024 · 22.21
Debt ≤ 1 year
€28k▼
2024 · €29k
Income taxes
€6k▼
2024 · €9k
Staff costs
€0
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€156k€166k▲
Formation expenses20€0-
Fixed assets21/28€14k€5k▼
Intangible fixed assets21€5k€2k▼
Tangible fixed assets22/27€8k€3k▼
Land and buildings22€0-
Furniture and vehicles24€8k€3k▼
Current assets29/58€143k€161k▲
Amounts receivable within one year40/41€124k€129k▲
Trade receivables40€124k€119k▼
Other amounts receivable41€0€10k▲
Cash at bank and in hand54/58€15k€23k▲
Deferred charges and accrued income490/1€3k€8k▲
Equity and liabilities
Total equity and liabilities10/49€156k€166k▲
Equity10/15€128k€138k▲
Contributions10/11€8k€8k=
Reserves13€43k€53k▲
Distributable reserves133€43k€53k▲
Profit (loss) carried forward14€77k€77k=
Amounts payable17/49€29k€28k▼
Amounts payable within one year42/48€29k€28k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€467€8k▲
Suppliers440/4€467€8k▲
Taxes, remuneration and social security45€28k€19k▼
Taxes450/3€26k€17k▼
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€532€0▼
Income statement
Code20242025
Remuneration, social security and pensions62-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€10k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€45k€32k▼
Operating profit (loss)9901€29k€19k▼
Financial income75/76B€0€148▲
Recurring financial income75€0€148▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€28k€17k▼
Income taxes67/77€9k€6k▼
Profit (loss) for the period9904€18k€11k▼
Profit (loss) for the period to be appropriated9905€18k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€95k€88k▼
Profit (loss) brought forward from the previous period14P€77k€77k=
Transfer to equity691/2€18k€11k▼
To other reserves6921€18k€11k▼
The notes to these accounts (11 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 145 days late
2021
31-12
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €105k ▲23%
Equity rises from €85k to €105k.
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Weakest financial yearnet €-2k ▼182%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 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, Liège · 1 establishment unit since 1999
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.
Avenue de Juprelle 434000 LiègeGround area
794 m²
Building footprint
197 m²
Volume, LiDAR
1,559 m³
Parcel 62087A0482/00K002, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HI - PASS SOFTWARE
since 19992.349.098.389
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62087A0482/00K002 | Wallonia | 794 m² | 1 · 197 m² | 10.4 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.
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 15,391 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
Founded22-06-1999
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.