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HISPANTICS

Active
Public limited companyfounded 198738 yrs active's Gravenwezelsteenweg 1, 2110 Wijnegem, BelgiumKBO/BCE: BE 0432.863.092
Summary

HISPANTICS has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-465k) and a net result of €-223k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 10407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
33 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-8
Solvency0▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.31 against 0.16 in 2024; short-term debt: 107.8% and cash: 18.6% of total assets), and equity is negative.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 38 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-32.9%
Return on assets
-15.8%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
18192022232425
2018 to 2025 · latest year €-465k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filings
Deviation from the deadline
2025
10 d late
2024
56 d late
2023
61 d late
2022
74 d late
2020
58 d late
2019
102 d late
2018
92 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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€-465k▼ 92.4%
2024 · €-242k
2018: €-10k 2019: €-142k 2020: €-244k 2022: €-121k 2023: €-140k 2024: €-242k
2018 → 2025
Total assets
€1.42M▲ 22.4%
2024 · €1.16M
2018: €1.64M 2019: €1.52M 2020: €1.55M 2022: €1.30M 2023: €1.25M 2024: €1.16M
2018 → 2025
Net result
€-223k▼ 120%
2024 · €-102k
2018: €-77k 2019: €-132k 2020: €-102k 2022: €226k 2023: €-19k 2024: €-102k
2018 → 2025
Working capital
€-1.06M▼ 29.2%
2024 · €-820k
2018: €-570k 2019: €-663k 2020: €-821k 2022: €-709k 2023: €-734k 2024: €-820k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202022202320242025Trend
Equity€-244k-€-121k▲ 50.3%€-140k▼ 15.7%€-242k▼ 72.6%€-465k▼ 92.4%
Operating result€-81k-€249k€-11k€-106k▼ 858%€-220k▼ 107%
Net result€-102k-€226k€-19k€-102k▼ 433%€-223k▼ 120%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-400k€-200k€0€200kOperating result 2020: €-81k€-81kNet result 2020: €-102k€-102kOperating result 2022: €249k€249kNet result 2022: €226k€226kOperating result 2023: €-11k€-11kNet result 2023: €-19k€-19kOperating result 2024: €-106k€-106kNet result 2024: €-102k€-102kOperating result 2025: €-220k€-220kNet result 2025: €-223k€-223k20202022202320242025€-300k€-200k€-100k€0Operating result 2023: €-11k€-11kNet result 2023: €-19k€-19kOperating result 2024: €-106k€-106kNet result 2024: €-102k€-102kOperating result 2025: €-220k€-220kNet result 2025: €-223k€-223k202320242025
The operating result stays negative: a loss of €220k in 2025 against €106k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.42M
Fixed assets €949k ▼ 5.0%
Current assets €467k ▲ 195%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-161k▼
2024 · €-48k
Cash flow
€-165k▼
2024 · €-43k
Solvency
-32.9%▼
2024 · -20.9%
Current ratio
0.31▲
2024 · 0.16
Quick ratio
0.25▲
2024 · 0.07
Debt to equity
-3.92▲
2024 · -5.54
ROA
-15.8%▼
2024 · -8.8%
Interest coverage
-21.04▼
2024 · -5.56
Debt
€1.82M▲
2024 · €1.34M
Debt ≤ 1 year
€1.53M▲
2024 · €978k
Debt > 1 year
€297k▼
2024 · €356k
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 · 56 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.16M€1.42M▲
Fixed assets21/28€999k€949k▼
Tangible fixed assets22/27€992k€942k▼
Land and buildings22€985k€938k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€7k€7k=
Current assets29/58€158k€467k▲
Stocks and contracts in progress3€87k€88k▲
Stocks30/36€87k€88k▲
Amounts receivable within one year40/41€64k€110k▲
Trade receivables40€64k€82k▲
Other amounts receivable41-€28k
Cash at bank and in hand54/58€1k€263k▲
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.16M€1.42M▲
Equity10/15€-242k€-465k▼
Contributions10/11€81k€81k=
Capital10€81k€81k=
Issued capital100€81k€81k=
Reserves13€140k€133k▼
Tax-exempt reserves132€140k€133k▼
Profit (loss) carried forward14€-462k€-679k▼
Provisions and deferred taxes16€60k€57k▼
Deferred taxes168€60k€57k▼
Amounts payable17/49€1.34M€1.82M▲
Amounts payable after more than one year17€356k€297k▼
Financial debts170/4€333k€273k▼
Other amounts payable178/9€23k€24k▲
Amounts payable within one year42/48€978k€1.53M▲
Current portion of amounts payable after more than one year42€59k€60k▲
Financial debts43€9k-
Credit institutions430/8€9k-
Trade debts44€35k€59k▲
Suppliers440/4€35k€59k▲
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€872k€1.41M▲
Accrued charges and deferred income492/3€4k€433▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€59k▲
Other operating charges640/8€85k€41k▼
Non-recurring operating charges66A€2k-
Gross operating margin9900€39k€-120k▼
Operating profit (loss)9901€-106k€-220k▼
Financial income75/76B€10k€909▼
Recurring financial income75€570€909▲
Non-recurring financial income76B€10k-
Financial charges65/66B€9k€8k▼
Recurring financial charges65€9k€8k▼
Profit (loss) for the period before taxes9903€-105k€-226k▼
Transfer from deferred taxes780€3k€3k=
Profit (loss) for the period9904€-102k€-223k▼
Transfer from tax-exempt reserves789€7k€7k=
Profit (loss) for the period to be appropriated9905€-95k€-217k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-462k€-679k▼
Profit (loss) brought forward from the previous period14P€-367k€-462k▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 10 days late
2025
31-12
Financial Weakest financial yearnet €-223k
Net result drops to €-223k, the lowest in the series.
25-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
25-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2024
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
13-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 74 days late
2022
31-12
Financial Back to profitnet €226k
Net result €226k after 3 loss-making years.
2021
27-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
2020
10-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 102 days late
2019
31-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
15-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 46 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
8 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, Wijnegem · 1 establishment unit since 1988
seat establishment The establishment unit on the map
Ground area
1,924 m²
Building footprint
696 m²
Volume, LiDAR
6,779 m³
Parcel 11050A0764/00D002, Flanders · tallest building 17.7 m, ±4 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
HISPANTICS
's Gravenwezelsteenweg 1, 2110 WijnegemNACE 5147803
since 19882.032.552.054
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11050A0764/00D002 Flanders 1,924 m² 1 · 696 m² 17.7 m · 4 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.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid
Year Entries awardedpaid
2023 1 2,000 EUR2,000 EUR
Schemes
Hinderpremie bij openbare werken
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,435 companies in sector 47791 we hold annual accounts for 456. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded28-12-1987
Fiscal year end31-12
Activities, NACEBEL 2025
47791Retail sale of antiques
46499Wholesale of other household goods
46900Non-specialised wholesale trade
47792Retail sale of second-hand clothing
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers

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