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HIVIAN

Active Public limited companyfounded 2005active for 21 yearsBruggestraat 37, 8920 Langemark-PoelkapelleKBO/BCE: BE 0875.965.923 #3 company by total assets in Langemark-Poelkapelle, Wholesale and retail trade sector

Lifetime

19 annual accounts with figures on one time axis, 20 filings since 2006
peak €1.7m (2024)
€1.4m▼ 15.9%
peak €512,273 (2023)
€95,106▼ 64.0%
peak €2.4m (2025)
€2.4m▲ 1.3%
€5.2m▲ 1.2%
peak 4.7 FTE (2011)
4.6 FTE▲ 7.0%
Board5 names since 2016
5 directors and 4 others
Documentsfilings and deeds
27-02-202627 days late
2025abbreviated format
Gross margin from €1.7m to €1.4mResult from €264,127 to €95,106Dividend €65,000Cash from €80,357 to €110,542

Key points

from the 2025 annual accounts

Equity

€2.4m ▲ 1.3%
2.42024+0.1Profit-0.07Dividend2.42025

HIVIAN paid out €65,000 in dividends. That is 68% of the 2025 profit.

Result

€95,106 ▼ 64.0%
€264,0002024€95,1002025

The result fell in 2025 from €264,127 to €95,106.

Turnover

≈ €6.0m estimated

The abbreviated format states no turnover.

Staff

4 employees on 30-06-2025
23222022161320231717202423212025

In 2025, 23 people joined and 21 left.

Filings

20 annual accounts since 2006
deadline2010201520202025

Two of the last ten came late. The 2024 accounts came latest: 27 days after the end of the period.

Position in the sector

€2.4m

More equity than 91% of companies in wholesale trade. Sector median €360,626 · 9,901 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as HIVIAN has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,041 companies, not a prediction for HIVIAN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Managing director
Director
Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0875965923
Environmental permit granted Functiewijziging zonder verbouwingswerken, Slopen of verwijderen · Provincie West-Vlaanderen
Demerger proposal: Hivian splits off to Hivian Name change: Team-S) · Gazette deed
Environmental permit granted Bouwen of herbouwen, Nieuwbouw of aanleggen, Slopen van niet vrijstaande gebouwen of constructies · Provincie West-Vlaanderen
All 37 events

Comparable companies

same main activity, similar in size and age
Company
HIVIAN Langemark-Poelkapelle €7.7m €1.4m 31.8% 4.6
SAVEURS DU CHEF Herve €6.8m €1.2m 31.7% 4.4
Vleeshandel Cis & Seppe van den Broeck Hoogstraten €5.5m €1.1m 92.2% 7.9
VLEESHANDEL JOTTIER Sint-Niklaas €3.1m €1.3m 70.4% 6.8
BEAUVAL Jurbise €7.1m €0.7m 73.6% 6.6
INTERNATIONAL MEAT TRADING Mol €6.7m €2.0m 23.8% 3.4
VAN DER ZEE BELGIE Wommelgem €2.9m €1.5m 57.1% 10.7

These companies have the same main activity as HIVIAN: wholesale of meat and meat products, excluding game and poultry (NACE 46321). They are comparable in size and age: total assets between €2.9m and €7.1m, founded between 1996 and 2013.

Official details

Source: KBO
Status
Active since 09-09-2005Normal situation
Activity
Wholesale of meat and meat products, excluding game and poultryNACE 46321and 1 other
Joint committee
119Food trade · annual accounts 30-06-2025
Establishment unit
2.157.121.9298650 Houthulst, since 02-11-2006
Financial year end
30 June
Peppol
Reachable since 15-04-2025
Company details

Annual accounts to 30-06-2025

€7.7m▲ 1.2%
Employeeson 30-06-2025
4▲ 100%
Filing
Filed on 27-02-2026
Financials

Insights on HIVIAN

HIVIAN files the abbreviated format. That format states no turnover. The gross margin rose from €136,783 in 2007 to €1.4m in 2025.

The balance sheet grew most from 2016 to 2018 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about HIVIAN

What is the company number of HIVIAN?
The company number of HIVIAN is 0875.965.923. The VAT number is the same number with BE in front: BE 0875.965.923.
Where is HIVIAN based?
The registered office is at Bruggestraat 37, 8920 Langemark-Poelkapelle.Company details
What does HIVIAN do?
According to the KBO register, the main activity is wholesale of meat and meat products, excluding game and poultry (NACE 46321).
What is the legal form of HIVIAN?
HIVIAN is a public limited company (NV).
When was HIVIAN founded?
HIVIAN was founded on 09-09-2005.
Is HIVIAN still active?
Yes, HIVIAN is an active enterprise in the KBO register.
How many employees does HIVIAN have?
HIVIAN had an average of 4.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does HIVIAN fall under?
In its 30-06-2025 annual accounts, HIVIAN states joint committee 119 (Food trade).
What is the turnover of HIVIAN?
The turnover in financial year 2025 is ≈ €6.0m. This figure is estimated from the gross margin of €1.4m and 98 comparable companies (NACE 46). It probably lies between €3.6m and €10.0m.
Is HIVIAN profitable?
In financial year 2025, HIVIAN made a profit of €95,106.
Where can I find the annual accounts of HIVIAN?
HIVIAN filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HIVIAN due?
HIVIAN must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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