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HIRO

Active
Private limited companyfounded 2024active for 2 yearsNapoleonkaai 1, 2000 Antwerpen, BelgiumKBO/BCE: BE 1011.219.555
Summary

The computed 12-month bankruptcy probability of HIRO is 4.4% (elevated). The 2025 annual accounts show equity of €75,842 and a net result of €19,050. Its solvency ranks better than 38% of 16,893 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111
1 site
Size
≈ €820,000turnover 2025, estimated
Staff
6.6 FTE
Equity
€75,842
Profit
€19,050
Turnover estimated from the gross margin
Financial health
38 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.4%
Structure
  • DE WINKELDirector · permanent representative HUYBRECHTS Bart François Maria
  • T&T CONCEPTSDirector · permanent representative VAN DE WEYER Thomas Nikolaas Vera
2025 accounts filed 60 days late
Why 38raises riskSector: Food and beverage service activities (NACE 56)Last filed accounts filed 60 days late; 2 of the last 3 lateFounded in 2024Liquidity: current ratio 0.55, cash €32,486Show the evidence

Checked score

Score 2025
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 40% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Weak
Solvency 41-11
equity 15.9% of total assets
Liquidity 12-2
short-term debt 84.1% · cash 6.8%
Profitability 51-49
return on assets 4.0%
Bankruptcy probability, 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,768 companies, NACE 56, micro)
Last 24 months 08-2025: 3.9%lowest value 09-2025: 4.0%▲ +0.1 percentage points vs 08-2025 10-2025: 5.5%▲ +1.5 percentage points vs 09-2025 11-2025: 5.7%▲ +0.2 percentage points vs 10-2025 12-2025: 5.7%● unchanged vs 11-2025 01-2026: 5.6%▼ -0.1 percentage points vs 12-2025 02-2026: 5.8%▲ +0.2 percentage points vs 01-2026 03-2026: 5.8%● unchanged vs 02-2026 04-2026: 5.9%▲ +0.1 percentage points vs 03-2026 05-2026: 5.7%▼ -0.2 percentage points vs 04-2026 06-2026: 5.7%● unchanged vs 05-2026 07-2026: 5.8%▲ +0.1 percentage points vs 06-2026 08-2026: 6.5%▲ +0.7 percentage points vs 07-2026 09-2026: 6.6%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 4.4%▼ -2.2 percentage points vs 09-2026
Credit of up to €2,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity insufficient (current ratio 0.55, compared with 0.46 in 2024, below 1; short-term debt: 84.1% and cash: 6.8% of total assets), and 84.1% 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 56, micro): better than 38% on solvency, 11% on liquidity, 36% on profitability and 75% on growth.

The bankruptcy probability was computed on 29-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
raises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Last filed accounts filed 60 days late; 2 of the last 3 late
NBB · filings
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 0.55, cash €32,486
NBB · annual accounts
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
60 days late
2024
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 61 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% 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.
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. IncorporationAppointments: DE WINKEL (director) and…

Financials · financial year 2025, micro format

2025 annual accounts filed late (60 days) Filed on 29 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00541391.

Turnover
≈ €820,000
Estimated: probably between €710,000 and €970,000
Total assets
€477,558▲ 129%
2024 · €208,678
Net result
€19,050▼ 83.5%
2024 · €115,792
Working capital
-€181,099▼ 121%
2024 · -€82,106
Trend over the years

2024 to 2025, 2 financial years

The operating result falls in 2025; 2025 is 63% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€48,447 2025 Net result€19,050 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€129,580-€48,447▼ 62.6%
Net result€115,792above the sector's middle half-€19,050within the sector's middle half▼ 83.5%
Equity€56,792within the sector's middle half-€75,842within the sector's middle half▲ 33.5%
Total assets€208,678within the sector's middle half-€477,558above the sector's middle half▲ 129%
Debt€151,886-€401,716▲ 164%
Working capital-€82,106below the sector's middle half--€181,099below the sector's middle half▼ 121%
Solvency27.2%within the sector's middle half-15.9%within the sector's middle half▼ 11.3pp
Current ratio0.46below the sector's middle half-0.55within the sector's middle half▲ 0.09
Return on assets (ROA)55.5%above the sector's middle half-4.0%within the sector's middle half▼ 51.5pp
Staff (FTE)4.3-6.6▲ 53.5%
above within below the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €477,558
Fixed assets €256,941 ▲ 85.0%
Current assets €220,617 ▲ 216%
Equity and liabilities €477,558
Equity €75,842 ▲ 33.5%
Debt €401,716 ▲ 164%
Debt's share of the balance-sheet total rises from 72.8% to 84.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€74,021▼
2024 · €130,663
Cash flow
€44,625▼
2024 · €116,875
Quick ratio
0.16▲
2024 · 0.07
Debt to equity
5.30▲
2024 · 2.67
ROE
25.1%▼
2024 · 203.9%
Interest coverage
3.30▲
2024 · -213.34
Debt ≤ 1 year
€401,716▲
2024 · €151,886
Income taxes
€6,979▼
2024 · €14,573
Staff costs
€268,387▲
2024 · €52,123
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,542 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 94.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
3.5% went bankrupt
1.2% stopped otherwise
94.8% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,542 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€208,678€477,558▲
Fixed assets21/28€138,898€256,941▲
Intangible fixed assets21€85,089€68,062▼
Tangible fixed assets22/27€53,629€187,844▲
Plant, machinery and equipment23€8,020€13,098▲
Furniture and vehicles24€2,819€1,736▼
Other tangible fixed assets26€42,790€173,010▲
Financial fixed assets28€180€1,036▲
Current assets29/58€69,780€220,617▲
Stocks and contracts in progress3€58,770€157,198▲
Stocks30/36€58,770€157,198▲
Amounts receivable within one year40/41€5,509€25,622▲
Trade receivables40€4,705€962▼
Other amounts receivable41€805€24,660▲
Cash at bank and in hand54/58€5,500€32,486▲
Deferred charges and accrued income490/1-€5,311
Equity and liabilities
Total equity and liabilities10/49€208,678€477,558▲
Equity10/15€56,792€75,842▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€55,792€74,842▲
Amounts payable17/49€151,886€401,716▲
Amounts payable within one year42/48€151,886€401,716▲
Current portion of amounts payable after more than one year42-€50,414
Financial debts43€640€20,427▲
Credit institutions430/8€640€20,427▲
Trade debts44€65,477€171,578▲
Suppliers440/4€65,477€171,578▲
Taxes, remuneration and social security45€25,769€48,262▲
Taxes450/3€22,369€26,988▲
Remuneration and social security454/9€3,399€21,274▲
Other amounts payable47/48€60,000€111,035▲
Income statement Code20242025
Remuneration, social security and pensions62€52,123€268,387▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,083€25,575▲
Other operating charges640/8€704€1,813▲
Non-recurring operating charges66A€1,500€0▼
Gross operating margin9900€184,991€344,220▲
Operating profit (loss)9901€129,580€48,447▼
Financial income75/76B€173€8▼
Recurring financial income75€173€8▼
Financial charges65/66B-€612€22,425▲
Recurring financial charges65-€612€22,425▲
Profit (loss) for the period before taxes9903€130,365€26,029▼
Income taxes67/77€14,573€6,979▼
Profit (loss) for the period9904€115,792€19,050▼
Profit (loss) for the period to be appropriated9905€115,792€19,050▼
Appropriation of the result
Profit (loss) to be appropriated9906€115,792€74,842▼
Profit (loss) brought forward from the previous period14P-€55,792
Profit to be distributed694/7€60,000€0▼
Directors or managers695€60,000€0▼

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€52,123€268,387▲ 415%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,083€25,575▲ 24×
Other operating charges640/8€704€1,813▲ 157%
Non-recurring operating charges66A€1,500€0▼ 100%
Gross operating margin9900€184,991€344,220▲ 86.1%
Operating profit (loss)9901€129,580€48,447▼ 62.6%
Financial income75/76B€173€8▼ 95.6%
Recurring financial income75€173€8▼ 95.6%
Financial charges65/66B-€612€22,425-
Recurring financial charges65-€612€22,425-
Profit (loss) for the period before taxes9903€130,365€26,029▼ 80.0%
Income taxes67/77€14,573€6,979▼ 52.1%
Profit (loss) for the period9904€115,792€19,050▼ 83.5%
Profit (loss) for the period to be appropriated9905€115,792€19,050▼ 83.5%
Line20242025Change
Assets
Total assets20/58€208,678€477,558▲ 129%
Fixed assets21/28€138,898€256,941▲ 85.0%
Intangible fixed assets21€85,089€68,062▼ 20.0%
Tangible fixed assets22/27€53,629€187,844▲ 250%
Plant, machinery and equipment23€8,020€13,098▲ 63.3%
Furniture and vehicles24€2,819€1,736▼ 38.4%
Other tangible fixed assets26€42,790€173,010▲ 304%
Financial fixed assets28€180€1,036▲ 476%
Current assets29/58€69,780€220,617▲ 216%
Stocks and contracts in progress3€58,770€157,198▲ 167%
Stocks30/36€58,770€157,198▲ 167%
Amounts receivable within one year40/41€5,509€25,622▲ 365%
Trade receivables40€4,705€962▼ 79.6%
Other amounts receivable41€805€24,660▲ 31×
Cash at bank and in hand54/58€5,500€32,486▲ 491%
Deferred charges and accrued income490/1-€5,311-
Equity and liabilities
Total equity and liabilities10/49€208,678€477,558▲ 129%
Equity10/15€56,792€75,842▲ 33.5%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€55,792€74,842▲ 34.1%
Amounts payable17/49€151,886€401,716▲ 164%
Amounts payable within one year42/48€151,886€401,716▲ 164%
Current portion of amounts payable after more than one year42-€50,414-
Financial debts43€640€20,427▲ 32×
Credit institutions430/8€640€20,427▲ 32×
Trade debts44€65,477€171,578▲ 162%
Suppliers440/4€65,477€171,578▲ 162%
Taxes, remuneration and social security45€25,769€48,262▲ 87.3%
Taxes450/3€22,369€26,988▲ 20.6%
Remuneration and social security454/9€3,399€21,274▲ 526%
Other amounts payable47/48€60,000€111,035▲ 85.1%
Line20242025Change
Profit (loss) for the period9904€115,792€19,050▼ 83.5%
+ Depreciation and write-downs630€1,083€25,575▲ 24×
Operating cash flow (approximation)€116,875€44,625▼ 61.8%
Investment in fixed assets (approximation)--€143,618-
Change in cash-€26,986-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 29-09-2026 2026-00541391
31-12-2024 micro format 30-09-2025 2025-00525860

Similar companies · same sector, comparable size

Of the 20,098 active companies whose main activity is full-service restaurants (NACE 56111), figures are known for 11,845. 10,033 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, no change since 2024

Board 2

DE WINKEL
Director (not named in the articles) · since 09-07-2024 · Private limited company · permanent representative: HUYBRECHTS Bart François Maria
Current
T&T CONCEPTS
Director (not named in the articles) · since 09-07-2024 · Private limited company · permanent representative: VAN DE WEYER Thomas Nikolaas Vera
Current

Permanent representatives 2

HUYBRECHTS Bart François Maria
Permanent representative · since 09-07-2024 · for DE WINKEL
Current
VAN DE WEYER Thomas Nikolaas Vera
Permanent representative · since 09-07-2024 · for T&T CONCEPTS
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2024, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
DE WINKEL
  • Director (not named in the articles), from 09-07-2024 to date
T&T CONCEPTS
  • Director (not named in the articles), from 09-07-2024 to date
See the board, name and registered office on a given date →

The directors' other companies

1 current director with another company that went bankrupt, was dissolved or struck off

1 other company of this director went bankrupt (2026).

Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it. Only boards we have read from the Gazette; other companies may still be missing.

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 09-07-2024 ↗
  • HUYBRECHTS Bart François Maria 450 shares (45%) · €450
  • VAN DE WEYER Thomas Nikolaas Vera 450 shares (45%) · €450
  • LAMICHHANE Prakash 100 shares (10%) · €100

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 09-07-2024 Incorporation · €1,000 · 1,000 shares

Group and network

Connections & network

2 connected companies
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Ozio Catering
Shared corporate director
→
Roti
Shared corporate director
→

History

On 5 July 2024, HIRO was incorporated as a private limited company by three natural persons, with a starting capital of €1,000.12 Of the 2 current board members, 2 have served since 2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 09-07-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
29-09
NBB filing Annual accounts filed
financial year 2025 · micro format · 60 days late
2025
30-09
NBB filing Annual accounts filed
financial year 2024 · micro format · 61 days late
2024
09-07
Gazette deed Incorporation
Appointments: DE WINKEL (director) and T&T CONCEPTS (director) · Permanent representatives: HUYBRECHTS Bart François Maria and VAN DE WEYER Thomas Nikolaas Vera · Founder20 facts ▸
  • Incorporation, “HIRO” (deed in Dutch)
  • Founder, HUYBRECHTS Bart François Maria (oprichters)
  • Founder, VAN DE WEYER Thomas Nikolaas Vera (oprichters)
  • Founder, LAMICHHANE Prakash (oprichters)
  • Founding capital, €1,000
  • Other provision, “financieel plan, verantwoording bedrag aanvangsvermogen” (deed in Dutch)
  • Other provision, “aansprakelijkheid oprichters bij faillissement binnen drie jaar na oprichting indien aanvangsvermogen kennelijk ontoereikend voor normale uitoefening voorgenome…” (deed in Dutch)
  • Bank account, “bijzondere rekening namens vennootschap in oprichting”, EUR (deed in Dutch)
  • Registered office clause, “2000 Antwerpen,Napoleonkaai 1” (deed in Dutch)
  • Board rule, 2
  • Director appointment, DE WINKEL (director (not named in the articles))
  • Director appointment, T&T CONCEPTS (director (not named in the articles))
  • +8 further facts in this act
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded05-07-2024
Financial year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Contact
E-mail official@hiro-antwerp.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011219555
Also 9925:BE1011219555
Registered 25-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpenunit no. 2.361.689.187
1 permission
Authorisation · Eetgelegenheid · since 02-08-2024

Dual-learning approval

7 live approvals
Hulpkelner (vwo)
approved · 2026 to 2031
Hulpkelner duaal (so)
approved · 2026 to 2031
Keukenmedewerker (vwo)
approved · 2026 to 2031
Keukenmedewerker duaal (so)
approved · 2026 to 2031
Kok (vwo)
approved · 2026 to 2031
Kok duaal (so)
approved · 2026 to 2031
Show 1 more
Restaurant en keuken duaal (so)
approved · 2026 to 2031

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
144 m²
Building footprint
144 m²
Building volume
1,975 m³
Parcel 11802B0008/00E000, Flanders · tallest building 22.4 m. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
HIRO
Napoleonkaai 1, 2000 AntwerpenFull-service restaurants
since 2024unit no. 2.361.689.187
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
11802B0008/00E000 Flanders 144 m² 1 · 144 m² 22.4 m · 5
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited

deed of 09-07-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Bestuursorgaan, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)
“Bevoegdheden bestuursorgaan bij één bestuurder, een deel van deze bevoegdheden” (deed in Dutch)

deed of 09-07-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“A, dubbel stemrecht” (deed in Dutch)
“B, enkel stemrecht” (deed in Dutch)

deed of 09-07-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “10.00 uur, organisatie en bijeenroeping algemene vergadering” (deed in Dutch)
Other provision: “Bestemming van de winst-reserves, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
Other provision: “Slot-en overgangsbepalingen uitwerking, eenparig door comparanten” (deed in Dutch)

deed of 09-07-2024