Subsidiaries and holdings
- Gufo d’Oro10%
HIRUNDO
ActiveSummary
The annual accounts of HIRUNDO for financial year 2025 show a net loss of 53% of the equity at the start of that year. The 2025 annual accounts show equity of €57,854 and a net result of -€66,070. Equity has been shrinking by about 12% per year since 2018. Its solvency ranks better than 10% of 10,818 sector peers (NACE 70, financial year 2025). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
Source: KBO- Status
- Active since 17-12-2004 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 2 others
- Establishment units
- 2.144.506.979 9031 Gent, since 29-12-2004
- 2.261.245.489 9051 Gent, since 15-02-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
Board
- Dejonckheere WinnewaldDirector
- Holdings
- Shares in 3 companies including NYTE and TARAHUMARA
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
Annual accounts 2025
- Gross margin
- €171,171
- ▲ 62.1%
- Turnover
- ≈ €270,000
- estimated
- Loss
- €66,070
- ▼ 24.0%
- Equity
- €57,854
- ▼ 53.3%
- Total assets
- €2.0m
- ▲ 6.5%
- Employees on 31-12-2025
- 1
- =
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearEquity €57,854 (3.0% of total assets)Liquidity: current ratio 0.27, cash €13,776Loss of €66,070, the second in a row (financial year 2025)lowers riskSize: 0.8 FTE, total assets €2.0mShow the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 18% of micro companies in head offices and management consultancy (NACE 70)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency
28-4
equity 3.0% of total assets
Liquidity
50-1
short-term debt 11.6% · cash 0.7%
Profitability
29+8
return on assets -3.4%
Bankruptcy probability within 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%lowest value
01-2025: 0.3%● unchanged vs 12-2024lowest value
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: 0.3%● unchanged vs 04-2025
06-2025: 0.4%▲ +0.1 percentage points vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.6%▲ +0.1 percentage points 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: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026highest value
08-2026: 0.4%▼ -0.2 percentage points vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €3,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.27 (0.48 in 2024), below 1. Short-term debt is 11.6% and cash 0.7% of total assets. 97% of the assets are financed with debt and provisions.
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 70, micro). It does better than 12% of them on solvency, 31% on liquidity, 16% on profitability and 12% on growth.
The bankruptcy probability was computed on 02-11-2026 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
Seven signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€66,070
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 10818 sector peers (2025).
NBB · sector comparisonPosition among 10818 sector peers
Solvency
better than 10%
← 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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 days early
2024
24 days early
2023
55 days early
2022
14 days early
2021
on the day
2020
15 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 21 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Risk: 5 loss-making years in a rowloss in financial year 2025 -€66,070 View
- Caution: Lower net result than 93% of companies in head offices and management consultancysector median €37,637 · 10,818 companies -€66,070 View
- Caution: Equity fell in 2025from €123,925 to €57,854 ▼ 53.3% View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Recent changes
- · Gazette deed Resignation: Dejonckheere Winnewald (director)Appointment: Dejonckheere Winnewald (director)
- · Gazette deed Incorporation
Companies linked to HIRUNDO
Comparable companies
These companies have the same main activity as HIRUNDO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.4m and €3.1m, founded between 1996 and 2008.
| Company | Total assets | Gross margin |
|---|---|---|
| HIRUNDO Gent | €2.0m | €0.2m |
| LAMBRECHT MATHIAS Wielsbeke | €1.7m | €0.2m |
| Fedeco Immo Lochristi | €1.8m | €0.2m |
| VREYS BUSINESS PARTNERS Dendermonde | €2.0m | €0.1m |
| VERO Zele | €1.4m | €0.1m |
| STEIGERS INVEST Temse | €3.1m | €0.2m |
| MEERSMAN Beveren-Kruibeke-Zwijndrecht | €1.8m | €0.2m |
Key facts about HIRUNDO
- What is the company number of HIRUNDO?
- The company number of HIRUNDO is 0870.880.054. The VAT number is the same number with BE in front: BE 0870.880.054.
- Where is HIRUNDO based?
- The registered office is at Adolf Lootensstraat 14, 9031 Gent.Company details
- What does HIRUNDO do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of HIRUNDO?
- The legal form of HIRUNDO is Private limited company (BV).
- When was HIRUNDO founded?
- HIRUNDO was founded on 17-12-2004.
- Is HIRUNDO still active?
- Yes, HIRUNDO is an active enterprise in the KBO register.
- How many employees does HIRUNDO have?
- HIRUNDO had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of HIRUNDO?
- The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €171,171 and 94 comparable companies (NACE 70200). It probably lies between €220,000 and €350,000.
- Is HIRUNDO profitable?
- In financial year 2025, HIRUNDO made a loss of €66,070.
- Where can I find the annual accounts of HIRUNDO?
- HIRUNDO filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HIRUNDO due?
- HIRUNDO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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