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HIVETECH

Active
Private limited companyfounded 2022active for 4 yearsFrançois Hellinckxstraat 12, 1081 Koekelberg, BelgiumKBO/BCE: BE 0788.932.870
Summary

HIVETECH has been active since 2022 and the Belgian Official 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 20,539 sector peers (NACE 62, financial year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 27 October 2026.

Equity
€10,145▲ 41×
2023 · €246
Total assets
€21,936▲ 89×
2023 · €246
Net result
€9,899
2023 · -€254
Working capital
€10,145
Trend over the years

2023 to 2024, 2 financial years

The operating result returns to profit in 2024: €11,823 after a loss of €197 in 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€11,823 2024 Net result€9,899 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets.

Every figure with its change against the financial 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▲ 41×
Total assets€246below the sector's middle half-€21,936below the sector's middle half▲ 89×
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 of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
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 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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-
Operating profit (loss)9901-€197€11,823-
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-
Income taxes67/77-€2,411-
Profit (loss) for the period9904-€254€9,899-
Profit (loss) for the period to be appropriated9905-€254€9,899-
Line20232024Change
Assets
Total assets20/58€246€21,936▲ 89×
Current assets29/58€246€21,936▲ 89×
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▲ 89×
Equity10/15€246€10,145▲ 41×
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-
Line20232024Change
Profit (loss) for the period9904-€254€9,899-
Operating cash flow (approximation)-€254€9,899-
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.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2024 micro format 30-09-2025 2025-00532357
31-12-2023 micro format 06-12-2024 2024-00613892

Similar companies · same sector, comparable size

Of the 16,988 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,968. 4,596 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.