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HiveCore

Active
Private limited companyfounded 201511 yrs activeGeeraard de Cremerstraat 117, 9150 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0600.982.207
Summary

HiveCore has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€17,378) and a net result of €2,399. Equity is shrinking by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 198 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2026
59 / 100
Fair
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability100▲+100
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.68; short-term debt: 146.8% and cash: 100% of total assets), and equity is negative.
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. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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 2026
Solvency, return and age of the figures
Solvency
-342.2%
Return on assets
47.2%
Age of the figures
6 mo
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 11 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 198 sector peers (2026).
NBB · sector comparison
Position among 198 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 24-09-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
37 d early
2025
43 d early
2024
48 d early
2023
34 d early
2022
14 d late
2021
38 d early
2020
24 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 30 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-03-2027 close31-10-2027 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

History

On 16 March 2015, HiveCore was incorporated.1 The company has filed 11 sets of annual accounts, the latest for fiscal year 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2026

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2026, micro schema

Equity
-€17,378▲ 12.1%
2025 · -€19,777
Total assets
€5,078▲ 995%
2025 · €464
Net result
€2,399
2025 · -€990
Working capital
-€2,378▼ 141%
2025 · -€985
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20222023202420252026
Operating result-€1,330▼ 143%-€1,715▼ 28.9%-€1,946▼ 13.5%-€939▲ 51.8%€2,463
Net result-€1,380below the sector's middle half▼ 136%-€1,774below the sector's middle half▼ 28.5%-€2,000below the sector's middle half▼ 12.7%-€990below the sector's middle half▲ 50.5%€2,399
Equity-€15,013below the sector's middle half▼ 10.1%-€16,787below the sector's middle half▼ 11.8%-€18,787below the sector's middle half▼ 11.9%-€19,777below the sector's middle half▼ 5.3%-€17,378▲ 12.1%
Total assets€380below the sector's middle half▲ 3,796,200%€105below the sector's middle half▼ 72.2%€5below the sector's middle half▼ 95.2%€464below the sector's middle half▲ 9,079%€5,078▲ 995%
Debt€15,392▲ 12.9%€16,892▲ 9.7%€18,792▲ 11.2%€20,241▲ 7.7%€22,457▲ 10.9%
Working capital-€985below the sector's middle half-€2,378▼ 141%
Solvency-342.2%
Current ratio0.68
Return on assets (ROA)47.2%
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€4,000-€2,000€0€2,000Operating result 2022: -€1,330-€1,330Net result 2022: -€1,380-€1,380Operating result 2023: -€1,715-€1,715Net result 2023: -€1,774-€1,774Operating result 2024: -€1,946-€1,946Net result 2024: -€2,000-€2,000Operating result 2025: -€939-€939Net result 2025: -€990-€990Operating result 2026: €2,463€2,463Net result 2026: €2,399€2,39920222023202420252026-€4,000-€2,000€0€2,000Operating result 2024: -€1,946-€1,950Net result 2024: -€2,000-€2,000Operating result 2025: -€939-€939Net result 2025: -€990-€990Operating result 2026: €2,463€2,460Net result 2026: €2,399€2,400202420252026
The operating result returns to profit in 2026: €2,463 after a loss of €939 in 2025, the highest result in the available series.
Key figures and ratios
2026 value · change against 2025
Debt to equity
-1.29
Debt ≤ 1 year
€7,457▲
2025 · €1,449
Debt > 1 year
€15,000▼
2025 · €18,792
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,640 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
2.7% went bankrupt
4.9% stopped otherwise
92% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,640 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 · 2026 against 2025 · 26 lines
Balance sheet Code20252026
Assets
Total assets20/58€464€5,078▲
Current assets29/58€464€5,078▲
Cash at bank and in hand54/58€464€5,078▲
Equity and liabilities
Total equity and liabilities10/49€464€5,078▲
Equity10/15-€19,777-€17,378▲
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€38,377-€35,978▲
Amounts payable17/49€20,241€22,457▲
Amounts payable after more than one year17€18,792€15,000▼
Other amounts payable178/9€18,792€15,000▼
Amounts payable within one year42/48€1,449€7,457▲
Trade debts44-€27
Suppliers440/4-€27
Taxes, remuneration and social security45-€529
Taxes450/3-€529
Other amounts payable47/48€1,449€6,901▲
Income statement Code20252026
Other operating charges640/8€341€244▼
Gross operating margin9900-€599€2,707▲
Operating profit (loss)9901-€939€2,463▲
Financial charges65/66B€51€65▲
Recurring financial charges65€51€65▲
Profit (loss) for the period before taxes9903-€990€2,399▲
Profit (loss) for the period9904-€990€2,399▲
Profit (loss) for the period to be appropriated9905-€990€2,399▲
Appropriation of the result
Profit (loss) to be appropriated9906-€38,377-€35,978▲
Profit (loss) brought forward from the previous period14P-€37,387-€38,377▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023202420252026Change
Other operating charges640/8€220€222€132€341€244▼ 28.3%
Gross operating margin9900-€1,110-€1,493-€1,815-€599€2,707▲ 552%
Operating profit (loss)9901-€1,330-€1,715-€1,946-€939€2,463▲ 362%
Financial charges65/66B€50€59€54€51€65▲ 26.5%
Recurring financial charges65€50€59€54€51€65▲ 26.5%
Profit (loss) for the period before taxes9903-€1,380-€1,774-€2,000-€990€2,399▲ 342%
Profit (loss) for the period9904-€1,380-€1,774-€2,000-€990€2,399▲ 342%
Profit (loss) for the period to be appropriated9905-€1,380-€1,774-€2,000-€990€2,399▲ 342%
Line20222023202420252026Change
Assets
Total assets20/58€380€105€5€464€5,078▲ 995%
Current assets29/58€380€105€5€464€5,078▲ 995%
Cash at bank and in hand54/58€380€105€5€464€5,078▲ 995%
Equity and liabilities
Total equity and liabilities10/49€380€105€5€464€5,078▲ 995%
Equity10/15-€15,013-€16,787-€18,787-€19,777-€17,378▲ 12.1%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€33,613-€35,387-€37,387-€38,377-€35,978▲ 6.3%
Amounts payable17/49€15,392€16,892€18,792€20,241€22,457▲ 10.9%
Amounts payable after more than one year17€15,392€16,892€18,792€18,792€15,000▼ 20.2%
Other amounts payable178/9€15,392€16,892€18,792€18,792€15,000▼ 20.2%
Amounts payable within one year42/48---€1,449€7,457▲ 415%
Trade debts44----€27-
Suppliers440/4----€27-
Taxes, remuneration and social security45----€529-
Taxes450/3----€529-
Other amounts payable47/48---€1,449€6,901▲ 376%
Line20222023202420252026Change
Profit (loss) for the period9904-€1,380-€1,774-€2,000-€990€2,399▲ 342%
Operating cash flow (approximation)-€1,380-€1,774-€2,000-€990€2,399▲ 342%
Change in cash--€274-€100€459€4,615▲ 906%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2027, expected by 31-10-2027
2026
24-09
NBB filing Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial Back to profitnet €2,399
Net result €2,399 after 7 loss-making years.
2025
18-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
13-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Weakest financial yearnet -€2,000
Net result drops to -€2,000, the lowest in the series; recovery starts the following year.
2023
27-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
14-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2021
23-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
07-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
09-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
18-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
09-11
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
265 m²
Building footprint
96 m²
Volume, LiDAR
669 m³
Parcel 46018A0413/00B002, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
HiveCore
Geeraard de Cremerstraat 117, 9150 Beveren-Kruibeke-ZwijndrechtOrganisation of conventions and trade shows
since 20152.240.772.155
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46018A0413/00B002 Flanders 265 m² 1 · 96 m² 10.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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 16,911 companies in sector 62100 we hold annual accounts for 8,786. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded16-03-2015
Fiscal year end31-03
Activities, NACEBEL 2025
62100Computer programming
47120Other non-specialised retail sale
62200Computer consultancy and computer facilities management
82300Organisation of conventions and trade shows
82990Other business support services
90391Promotion and organisation of arts and performing arts events
93199Other sports activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0600982207
Also 9925:BE0600982207
Registered 09-12-2025

Register as of 27 September 2026 · Peppol Directory

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