HITRON
ActiveSummary
HITRON has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €266k and a net result of €22k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 71% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-1
Solvency92▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity short (current ratio 0.72 against 0.51 in 2024; short-term debt: 28.2% and cash: 16.5% of total assets), and 33.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.9%
Return on assets
5.4%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
32 d late
2023
30 d late
2022
3 d early
2021
3 d late
2020
25 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€266k▼ 12.9%
2024 · €305k
2019: €221klowest in 7 years
2020: €234k▲ +5.7% vs 2019
2021: €250k▲ +6.9% vs 2020
2022: €264k▲ +5.6% vs 2021
2023: €279k▲ +5.9% vs 2022
2024: €305k▲ +9.1% vs 2023highest in 7 years
2025: €266k▼ -12.9% vs 2024
2019 → 2025
Total assets
€397k▼ 2.6%
2024 · €408k
2019: €578khighest in 7 years
2020: €517k▼ -10.5% vs 2019
2021: €469k▼ -9.3% vs 2020
2022: €419k▼ -10.6% vs 2021
2023: €379k▼ -9.5% vs 2022lowest in 7 years
2024: €408k▲ +7.5% vs 2023
2025: €397k▼ -2.6% vs 2024
2019 → 2025
Net result
€22k▼ 15.6%
2024 · €26k
2019: €-4klowest in 7 years
2020: €13k▲ +397% vs 2019
2021: €16k▲ +28.4% vs 2020
2022: €14k▼ -12.9% vs 2021
2023: €16k▲ +11.2% vs 2022
2024: €26k▲ +63.8% vs 2023highest in 7 years
2025: €22k▼ -15.6% vs 2024
2019 → 2025
Working capital
€-31k▲ 12.4%
2024 · €-36k
2019: €-218klowest in 7 years
2020: €-194k▲ +11.0% vs 2019
2021: €-167k▲ +14.1% vs 2020
2022: €-142k▲ +15.0% vs 2021
2023: €-87k▲ +38.3% vs 2022
2024: €-36k▲ +59.1% vs 2023
2025: €-31k▲ +12.4% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€250k-€264k▲ 5.6%€279k▲ 5.9%€305k▲ 9.1%€266k▼ 12.9%
2021: €250klowest in 5 years
2022: €264k▲ +5.6% vs 2021
2023: €279k▲ +5.9% vs 2022
2024: €305k▲ +9.1% vs 2023highest in 5 years
2025: €266k▼ -12.9% vs 2024
Operating result€27k-€28k▲ 0.9%€28k▼ 0.2%€43k▲ 57.5%€40k▼ 6.9%
2021: €27klowest in 5 years
2022: €28k▲ +0.9% vs 2021
2023: €28k▼ -0.2% vs 2022
2024: €43k▲ +57.5% vs 2023highest in 5 years
2025: €40k▼ -6.9% vs 2024
Net result€16k-€14k▼ 12.9%€16k▲ 11.2%€26k▲ 63.8%€22k▼ 15.6%
2021: €16k
2022: €14k▼ -12.9% vs 2021lowest in 5 years
2023: €16k▲ +11.2% vs 2022
2024: €26k▲ +63.8% vs 2023highest in 5 years
2025: €22k▼ -15.6% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €397k
Fixed assets
€316k ▼ 14.7%
Current assets
€81k ▲ 120%
Equity and liabilities €397k
Equity
€266k ▼ 12.9%
Debt
€131k ▲ 28.2%
Debt's share of the balance-sheet total rises from 25.2% to 33.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€95k▲
2024 · €94k
Cash flow
€76k▲
2024 · €76k
Current ratio
0.72▲
2024 · 0.51
Debt to equity
0.49▲
2024 · 0.34
ROE
8.1%▼
2024 · 8.4%
ROA
5.4%▼
2024 · 6.3%
Interest coverage
11.37▼
2024 · 16.51
Debt ≤ 1 year
€112k▲
2024 · €72k
Debt > 1 year
€18k▼
2024 · €30k
Income taxes
€11k▼
2024 · €12k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€408k€397k▼
Fixed assets21/28€371k€316k▼
Tangible fixed assets22/27€371k€316k▼
Land and buildings22€326k€281k▼
Furniture and vehicles24€45k€35k▼
Current assets29/58€37k€81k▲
Amounts receivable within one year40/41€12k€13k▲
Trade receivables40€12k€13k▲
Other amounts receivable41€16€16▼
Cash at bank and in hand54/58€23k€65k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€408k€397k▼
Equity10/15€305k€266k▼
Contributions10/11€186k€125k▼
Reserves13€97k€119k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€97k€119k▲
Profit (loss) carried forward14€22k€22k=
Amounts payable17/49€103k€131k▲
Amounts payable after more than one year17€30k€18k▼
Financial debts170/4€30k€18k▼
Amounts payable within one year42/48€72k€112k▲
Current portion of amounts payable after more than one year42€11k€11k▲
Financial debts43€51k€27k▼
Other loans439€51k€27k▼
Trade debts44€3k€7k▲
Suppliers440/4€3k€7k▲
Taxes, remuneration and social security45€3k€4k▲
Taxes450/3€3k€4k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€4k€63k▲
Accrued charges and deferred income492/3€611€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€55k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€96k€97k▲
Operating profit (loss)9901€43k€40k▼
Financial income75/76B-€8
Recurring financial income75-€8
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€38k€32k▼
Income taxes67/77€12k€11k▼
Profit (loss) for the period9904€26k€22k▼
Profit (loss) for the period to be appropriated9905€26k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€43k▼
Profit (loss) brought forward from the previous period14P€22k€22k=
Transfer to equity691/2€26k€22k▼
To other reserves6921€26k€22k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45k | €45k | €45k | €50k | €55k | ▲ 8.6% |
| Other operating charges640/8 | - | €1k | €2k | €2k | €2k | ▼ 13.6% |
| Gross operating margin9900 | €74k | €74k | €75k | €96k | €97k | ▲ 1.1% |
| Operating profit (loss)9901 | €27k | €28k | €28k | €43k | €40k | ▼ 6.9% |
| Financial income75/76B | - | €4 | €0 | - | €8 | - |
| Recurring financial income75 | - | €4 | €0 | - | €8 | - |
| Financial charges65/66B | - | €7k | €4k | €6k | €8k | ▲ 47.3% |
| Recurring financial charges65 | €9k | €7k | €4k | €6k | €8k | ▲ 47.3% |
| Profit (loss) for the period before taxes9903 | €18k | €21k | €23k | €38k | €32k | ▼ 15.1% |
| Income taxes67/77 | €2k | €7k | €8k | €12k | €11k | ▼ 14.0% |
| Profit (loss) for the period9904 | €16k | €14k | €16k | €26k | €22k | ▼ 15.6% |
| Profit (loss) for the period to be appropriated9905 | €16k | €14k | €16k | €26k | €22k | ▼ 15.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €469k | €419k | €379k | €408k | €397k | ▼ 2.6% |
| Fixed assets21/28 | €456k | €411k | €369k | €371k | €316k | ▼ 14.7% |
| Tangible fixed assets22/27 | €456k | €411k | €369k | €371k | €316k | ▼ 14.7% |
| Land and buildings22 | - | €411k | €369k | €326k | €281k | ▼ 13.6% |
| Plant, machinery and equipment23 | - | €0 | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €45k | €35k | ▼ 22.4% |
| Current assets29/58 | €13k | €8k | €10k | €37k | €81k | ▲ 120% |
| Amounts receivable within one year40/41 | €7k | €2k | €5k | €12k | €13k | ▲ 10.4% |
| Trade receivables40 | - | €2k | €5k | €12k | €13k | ▲ 10.4% |
| Other amounts receivable41 | - | €15 | €14 | €16 | €16 | ▼ 3.2% |
| Cash at bank and in hand54/58 | €5k | €5k | €4k | €23k | €65k | ▲ 189% |
| Deferred charges and accrued income490/1 | - | €1k | €1k | €2k | €2k | ▲ 3.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €469k | €419k | €379k | €408k | €397k | ▼ 2.6% |
| Equity10/15 | €250k | €264k | €279k | €305k | €266k | ▼ 12.9% |
| Contributions10/11 | - | €186k | €186k | €186k | €125k | ▼ 32.8% |
| Reserves13 | €42k | €56k | €72k | €97k | €119k | ▲ 22.2% |
| Non-distributable reserves130/1 | - | €13k | €13k | €0 | - | - |
| Reserves not available under the articles1311 | - | €13k | €13k | €0 | - | - |
| Distributable reserves133 | - | €43k | €58k | €97k | €119k | ▲ 22.2% |
| Profit (loss) carried forward14 | €22k | €22k | €22k | €22k | €22k | = |
| Amounts payable17/49 | €219k | €155k | €100k | €103k | €131k | ▲ 28.2% |
| Amounts payable after more than one year17 | €36k | €3k | €0 | €30k | €18k | ▼ 38.6% |
| Financial debts170/4 | - | €3k | €0 | €30k | €18k | ▼ 38.6% |
| Amounts payable within one year42/48 | €180k | €149k | €97k | €72k | €112k | ▲ 54.7% |
| Current portion of amounts payable after more than one year42 | - | €33k | €3k | €11k | €11k | ▲ 4.9% |
| Financial debts43 | - | €105k | €80k | €51k | €27k | ▼ 47.1% |
| Other loans439 | - | €105k | €80k | €51k | €27k | ▼ 47.1% |
| Trade debts44 | €5k | €2k | €3k | €3k | €7k | ▲ 93.4% |
| Suppliers440/4 | - | €2k | €3k | €3k | €7k | ▲ 93.4% |
| Taxes, remuneration and social security45 | - | €7k | €12k | €3k | €4k | ▲ 1.6% |
| Taxes450/3 | - | €5k | €5k | €3k | €4k | ▲ 1.6% |
| Remuneration and social security454/9 | - | €2k | €7k | €0 | - | - |
| Other amounts payable47/48 | - | €2k | €48 | €4k | €63k | ▲ 1,637% |
| Accrued charges and deferred income492/3 | - | €3k | €3k | €611 | €1k | ▲ 110% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €14k | €16k | €26k | €22k | ▼ 15.6% |
| + Depreciation and write-downs630 | €45k | €45k | €45k | €50k | €55k | ▲ 8.6% |
| Operating cash flow (approximation) | €61k | €59k | €61k | €76k | €76k | ▲ 0.5% |
| Investment in fixed assets (approximation) | - | €0 | €-3k | €-52k | €0 | ▲ 100% |
| Change in cash | - | €-647 | €-895 | €19k | €43k | ▲ 125% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
02-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
31-03
Financial
Highest result since 2019net €26k ▲63.8%
Operating result €43k, net result €26k, both a record.
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2020
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
31-03
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
08-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 8 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Izegem · 1 establishment unit since 2007
Ground area
6,624 m²
Building footprint
1,379 m²
Volume, LiDAR
6,164 m³
2 parcels, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HITRON
since 20072.163.621.127
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36492A1339/00M000 | Flanders | 5,027 m² | 1 · 193 m² | 8.3 m · 2 fl. |
| 36008C0197/00R011 | Flanders | 1,596 m² | 1 · 1,186 m² | 8.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,289 companies in sector 43350 we hold annual accounts for 2,362. 1,670 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-06-2007
Fiscal year end31-03
Activities, NACEBEL 2025
43350Other building finishing work
46499Wholesale of other household goods
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.