Result
-€56,318 -€56,318
From profit to loss in 2025, after a profit of €7,486 in 2024.
HIPEKA
Lifetime
19 annual accounts with figures on one time axis, 20 filings since 2006peak €550,809 (2017)
€359,713▼ 15.4%
lowest -€56,318 (2025)
-€56,318▼ €63,805
peak €374,424 (2022)
€238,090▼ 19.1%
€192,963▼ 33.5%
peak 7.8 FTE (2016)
5.3 FTEunchanged
Board3 names since 2019
2 directorsSchockaert Christof and 1 other
Documentsfilings and deeds
27-03-202634 days before the deadline
2025abbreviated format
Gross margin from €425,151 to €359,713Loss of €56,318Equity from €294,409 to €238,090Debts from €290,057 to €192,963Cash from €35,359 to €48,602
Key points
from the 2025 annual accountsStaff
5.3 FTE from 7.8 in 2016
Between 2016 and 2025, 32% of the full-time equivalents disappeared.
Position in the sector
-€56,318
Lower net result than 91% of companies in construction of buildings. Sector median €19,022 · 2,812 companies.
Checked score
64
Healthy
Financially stronger than 33% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.3%▲ +0.1 percentage points vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.6%▲ +0.3 percentage points vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.7%▲ +0.1 percentage points vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.6%▼ -0.1 percentage points vs 02-2026
04-2026: 1.2%▲ +0.6 percentage points vs 03-2026highest value
05-2026: 1.2%● unchanged vs 04-2026highest value
06-2026: 1.2%● unchanged vs 05-2026highest value
07-2026: 1.2%● unchanged vs 06-2026highest value
08-2026: 1.2%● unchanged vs 07-2026highest value
09-2026: 1.2%● unchanged vs 08-2026highest value
10-2026: 1.2%● unchanged vs 09-2026highest value
11-2026: 1.2%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Loss of €56,318 (financial year 2025)
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: 5.3 FTE, total assets €431,054
lowers risk
Equity €238,090 (55.2% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 41, micro). It does better than 64% of them on solvency, 40% on liquidity, 11% on profitability and 20% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as HIPEKA has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HIPEKA itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,831 companies, not a prediction for HIPEKA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.89 (1.7 in 2024), above the usual 1.5. Short-term debt is 44.8% and cash 11.3% of total assets. 44.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-03-2026, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 days early
2024
33 days early
2023
34 days early
2022
30 days early
2021
45 days early
2020
7 days early
2019
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 30 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0874248429
Changes of role: Schockaert Christof (director) and Hiel Karel (director)
Director discharge: Schockaert Christof · Director discharge: Hiel Karel · General meeting of 21-12-2023 · Gazette deed
Registered office moved within Zele
New registered office: Kamershoek 45 te 9240 Zele · Previous registered office: Magdalenastraat 17 te 9240 Zele · Resignation: Karel Perdaen (manager) · General meeting of 16-10-2019 · Gazette deed
Incorporation
published on 13-06-2005 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HIPEKA Zele | €431,054 | €359,713 | 55.2% | 5.3 |
| JOEL JANSSEN CONSTRUCTIONS Limbourg | €448,144 | €359,843 | 63.4% | 5.9 |
| GAUQUIE Heuvelland | €449,537 | €359,493 | 24.6% | 5.2 |
| DE CEUNINCK GEERT BOUWWERKEN Pittem | €426,297 | €384,992 | 72.1% | 5.6 |
| BOUWBEDRIJF RUELENS & PARTNERS Oudsbergen | €459,219 | €338,299 | 32.9% | 4.5 |
| Terrinta Hulshout | €344,039 | €383,801 | 22.4% | 4.9 |
| DE JAEGER CONSTRUCTIONS Frameries | €467,048 | €423,038 | 23.4% | 5.8 |
These companies have the same main activity as HIPEKA: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €344,000 and €467,000, founded between 2003 and 2008.
Official details
Source: KBO- Status
- Active since 03-06-2005Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Establishment unit
- 2.147.516.5539240 Zele, since 03-05-2005
- Financial year end
- 30 September
- Peppol
- Reachable since 11-09-2025
Annual accounts to 30-09-2025
- ≈ €770,000estimated
- €431,054▼ 26.2%
- Employeeson 30-09-2025
- 6=
- Filing
- Filed on 27-03-2026, 34 days before the end of the filing period
Insights on HIPEKA
HIPEKA files the abbreviated format. That format states no turnover. The gross margin rose from €116,666 in 2007 to €359,713 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HIPEKA
- What is the company number of HIPEKA?
- The company number of HIPEKA is 0874.248.429. The VAT number is the same number with BE in front: BE 0874.248.429.
- Where is HIPEKA based?
- The registered office is at Kamershoek 45, 9240 Zele.Company details
- What does HIPEKA do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of HIPEKA?
- HIPEKA is a private limited company (BV).
- When was HIPEKA founded?
- HIPEKA was founded on 03-06-2005.
- Is HIPEKA still active?
- Yes, HIPEKA is an active enterprise in the KBO register.
- How many employees does HIPEKA have?
- HIPEKA had an average of 5.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of HIPEKA?
- The turnover in financial year 2025 is ≈ €770,000. This figure is estimated from the gross margin of €359,713 and 30 comparable companies (NACE 41001). It probably lies between €620,000 and €1.1m.
- Is HIPEKA profitable?
- In financial year 2025, HIPEKA made a loss of €56,318.
- Where can I find the annual accounts of HIPEKA?
- HIPEKA filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HIPEKA due?
- HIPEKA must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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