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HIPTRAY

Active
Private limited company (pre-2019)founded 2019active for 7 yearsBrusselstraat 51, 2018 Antwerpen, BelgiumKBO/BCE: BE 0721.748.591
Summary

HIPTRAY has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€86,256) and a net result of €13,700. Equity has been shrinking by about 15% per year since 2020. Its solvency ranks better than 5% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Official details

Source: KBO
Status
Active since 01-03-2019 Normal situation
Registered office
237 active companies are registered at this address 17 started in the 12 months before. Source: KBO register, as of 4 November 2026.
Activity
Non-specialised wholesale trade NACE 46900and 1 other
Establishment unit
2.288.744.494 2018 Antwerpen, since 01-03-2019
Financial year end
31 December
Peppol
Reachable since 02-06-2025

Board and ownership

Board
  • Croymans-Plaghki AlexDirector

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Annual accounts 2025
Gross margin
€19,976
▲ 40×
Turnover
≈ €250,000
estimated
Profit
€13,700
Equity
-€86,256
▲ 13.7%
Total assets
€18,032
▲ 24.0%
  • Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€86,256Founded in 2019Liquidity: current ratio 0.26, cash €356, halvedlowers riskSize: total assets €18,032Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 38% of micro companies in wholesale trade (NACE 46)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -478.3% of total assets
Liquidity 2-8
short-term debt 385.6% · cash 2.0%
Profitability 81+81
return on assets 76.0%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 12-2024: 4.6%highest value 01-2025: 2.9%▼ -1.7 percentage points vs 12-2024 02-2025: 3.0%▲ +0.1 percentage points vs 01-2025 03-2025: 3.1%▲ +0.1 percentage points vs 02-2025 04-2025: 3.1%● unchanged vs 03-2025 05-2025: 3.0%▼ -0.1 percentage points vs 04-2025 06-2025: 2.8%▼ -0.2 percentage points vs 05-2025 07-2025: 2.8%● unchanged vs 06-2025 08-2025: 3.5%▲ +0.7 percentage points vs 07-2025 09-2025: 1.7%▼ -1.8 percentage points vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 1.7%● unchanged vs 04-2026 06-2026: 1.7%● unchanged vs 05-2026 07-2026: 1.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.2%▼ -0.6 percentage points vs 07-2026 09-2026: 1.2%● unchanged vs 08-2026 10-2026: 1.1%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: 1.1%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.26 (0.18 in 2024), below 1. Short-term debt is 385.6% and cash 2% of total assets. Equity is negative.
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 46, micro). It does better than 6% of them on solvency, 5% on liquidity, 73% on profitability and 69% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €18,032
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€86,256
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 0.26, cash €356, halved
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 13741 sector peers (2025).
NBB · sector comparison
Position among 13741 sector peers
Solvency
better than 5%
← weakest strongest →
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 · 6 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
22 days late
2022
31 days late
2021
17 days late
2020
12 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 14 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€86,256 View
  • Caution: Lower solvency than 95% of companies in wholesale tradesector median 40.6% · 13,741 companies -478.3% View

Recent changes

  1. · Gazette deed Registered office moved from Wilrijk to AntwerpenNew seat: Brusselstraat 51, 2018 Antwerpen · Previous seat: Vijveriaan 53-55 bus 12, 2610 Wilrijk, Belgie
  2. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as HIPTRAY: non-specialised wholesale trade (NACE 46900). They are comparable in size and age: total assets between €24,800 and €105,000, founded between 2017 and 2018.

CompanyTotal assetsGross margin
HIPTRAY Antwerpen€18,032€19,976
HEMERA MAN TRACE Vorst€24,754€7,654
GOODS SALE Ieper€59,321€5,523
Nys Advice Boechout€82,247€65,105
A & T TRADING Antwerpen€104,942€9,375
OLYMPUS RETAIL Theux€91,695€40,125
RKS Watermaal-Bosvoorde€104,639€14,260
Full comparison

Key facts about HIPTRAY

What is the company number of HIPTRAY?
The company number of HIPTRAY is 0721.748.591. The VAT number is the same number with BE in front: BE 0721.748.591.
Where is HIPTRAY based?
The registered office is at Brusselstraat 51, 2018 Antwerpen.Company details
What does HIPTRAY do?
According to the KBO register, the main activity is non-specialised wholesale trade (NACE 46900).
What is the legal form of HIPTRAY?
The legal form of HIPTRAY is Private limited company (pre-2019) (BVBA).
When was HIPTRAY founded?
HIPTRAY was founded on 01-03-2019.
Is HIPTRAY still active?
Yes, HIPTRAY is an active enterprise in the KBO register.
What is the turnover of HIPTRAY?
The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €19,976 and 217 comparable companies (NACE 46). It probably lies between €120,000 and €630,000. It is a rough estimate.Financials
Is HIPTRAY profitable?
In financial year 2025, HIPTRAY made a profit of €13,700.
Where can I find the annual accounts of HIPTRAY?
HIPTRAY filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HIPTRAY due?
HIPTRAY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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