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HIVETECH

Active
Private limited companyfounded 20224 yrs activeFrançois Hellinckxstraat 12, 1081 Koekelberg, BelgiumKBO/BCE: BE 0788.932.870
Summary

HIVETECH has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €10,145 and a net result of €9,899. Its solvency ranks better than 34% of 20786 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency71▼-29
Growth78
Track record94
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.86; short-term debt: 53.8% and cash: 4.3% of total assets), but 53.8% of the assets are financed with debt.
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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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Solvency, return and age of the figures
Solvency
46.2%
Return on assets
45.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
128 d 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 95 days after 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 (1)
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 27 July 2022, HIVETECH was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€10,145▲ 4,020%
2023 · €246
Total assets
€21,936▲ 8,808%
2023 · €246
Net result
€9,899
2023 · -€254
Working capital
€10,145
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
Line20232024
Operating result-€197-€11,823
Net result-€254below the sector's middle half-€9,899within the sector's middle half
Equity€246below the sector's middle half-€10,145below the sector's middle half▲ 4,020%
Total assets€246below the sector's middle half-€21,936below the sector's middle half▲ 8,808%
Debt€11,791
Working capital€10,145below the sector's middle half
Solvency46.2%within the sector's middle half
Current ratio1.86within the sector's middle half
Return on assets (ROA)45.1%above the sector's middle half
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
-€5,000€0€5,000€10,000Operating result 2023: -€197-€197Net result 2023: -€254-€254Operating result 2024: €11,823€11,823Net result 2024: €9,899€9,89920232024-€5,000€0€5,000€10,000Operating result 2023: -€197-€197Net result 2023: -€254-€254Operating result 2024: €11,823€11,800Net result 2024: €9,899€9,90020232024
The operating result returns to profit in 2024: €11,823 after a loss of €197 in 2023.
Balance-sheet composition
Equity and liabilities €21,936
Equity €10,145
Debt €11,791
Debt finances 53.8% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
Debt to equity
1.16
ROE
97.6%
Debt ≤ 1 year
€11,791
Income taxes
€2,411

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,662 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 39,276 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 · 2024 against 2023 · 28 lines
Balance sheet Code20232024
Assets
Total assets20/58€246€21,936▲
Current assets29/58€246€21,936▲
Amounts receivable within one year40/41-€20,988
Other amounts receivable41-€20,988
Cash at bank and in hand54/58€246€948▲
Equity and liabilities
Total equity and liabilities10/49€246€21,936▲
Equity10/15€246€10,145▲
Contributions10/11€500€500=
Profit (loss) carried forward14-€254€9,645▲
Amounts payable17/49-€11,791
Amounts payable within one year42/48-€11,791
Trade debts44-€9,380
Suppliers440/4-€9,380
Taxes, remuneration and social security45-€2,411
Taxes450/3-€2,411
Income statement Code20232024
Goods, raw materials, services and sundry goods60/61€197-
Gross operating margin9900-€197€11,823▲
Operating profit (loss)9901-€197€11,823▲
Financial income75/76B-€550
Recurring financial income75-€550
Financial charges65/66B€57€64▲
Recurring financial charges65€57€64▲
Profit (loss) for the period before taxes9903-€254€12,310▲
Income taxes67/77-€2,411
Profit (loss) for the period9904-€254€9,899▲
Profit (loss) for the period to be appropriated9905-€254€9,899▲
Appropriation of the result
Profit (loss) to be appropriated9906-€254€9,645▲
Profit (loss) brought forward from the previous period14P--€254

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

Line20232024Change
Goods, raw materials, services and sundry goods60/61€197--
Gross operating margin9900-€197€11,823▲ 6,109%
Operating profit (loss)9901-€197€11,823▲ 6,109%
Financial income75/76B-€550-
Recurring financial income75-€550-
Financial charges65/66B€57€64▲ 11.4%
Recurring financial charges65€57€64▲ 11.4%
Profit (loss) for the period before taxes9903-€254€12,310▲ 4,951%
Income taxes67/77-€2,411-
Profit (loss) for the period9904-€254€9,899▲ 4,001%
Profit (loss) for the period to be appropriated9905-€254€9,899▲ 4,001%
Line20232024Change
Assets
Total assets20/58€246€21,936▲ 8,808%
Current assets29/58€246€21,936▲ 8,808%
Amounts receivable within one year40/41-€20,988-
Other amounts receivable41-€20,988-
Cash at bank and in hand54/58€246€948▲ 285%
Equity and liabilities
Total equity and liabilities10/49€246€21,936▲ 8,808%
Equity10/15€246€10,145▲ 4,020%
Contributions10/11€500€500=
Profit (loss) carried forward14-€254€9,645▲ 3,901%
Amounts payable17/49-€11,791-
Amounts payable within one year42/48-€11,791-
Trade debts44-€9,380-
Suppliers440/4-€9,380-
Taxes, remuneration and social security45-€2,411-
Taxes450/3-€2,411-
Line20232024Change
Profit (loss) for the period9904-€254€9,899▲ 4,001%
Operating cash flow (approximation)-€254€9,899▲ 4,001%
Change in cash-€701-

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

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial Back to profitnet €9,899
Net result €9,899 after one loss-making year.
06-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 128 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.

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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, Koekelberg · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
103 m²
Building footprint
85 m²
Volume, LiDAR
799 m³
Parcel 21492B0158/02P002, Brussels · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
HIVETECH
François Hellinckxstraat 12, 1081 KoekelbergComputer programming, consultancy and related activities
since 20242.360.269.920
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21492B0158/02P002 Brussels 103 m² 1 · 85 m² 14.2 m · 4 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, comparable size

Of 16,911 companies in sector 62100 we hold annual accounts for 8,787. 4,440 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
Founded27-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
64999Other financial services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0788932870
Also 9925:BE0788932870
Registered 08-06-2026

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

Register as of 28 September 2026 · Peppol Directory

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