HK-TECHNICS

Active

Private limited companyfounded 20206 yrs activeTiensesteenweg 112, 3380 Glabbeek, BelgiumKBO/BCE: BE 0741.606.075

HK-TECHNICS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €83k and a net result of €13k. Equity is growing by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 55% of 3539 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

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Checked score

Score 2024

67 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability77▲+1

Solvency67▲+5

Growth52=

Track record100

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity tight (current ratio 1.01 against 0.85 in 2023; short-term debt: 49.4% and cash: 24.1% of total assets), and 57.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 95

Relative position

BE, all sectors

reference

Sector 95

lower

← fewer bankruptcies more bankruptcies →

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

42.1%

Return on assets

6.4%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

34 d early

2023

43 d early

2022

45 d early

2021

37 d early

2020

5 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€83k▲ 18.1%

2023 · €71k

2020: €43k 2021: €44k 2022: €59k 2023: €71k

2020 → 2024

Total assets

€198k▲ 4.9%

2023 · €189k

2020: €130k 2021: €142k 2022: €155k 2023: €189k

2020 → 2024

Net result

€13k▲ 11.5%

2023 · €11k

2020: €28k 2021: €357 2022: €15k 2023: €11k

2020 → 2024

Working capital

€823

2023 · €-15k

2020: €-12k 2021: €-28k 2022: €-15k 2023: €-15k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€43k-€44k▲ 0.8%€59k▲ 35.1%€71k▲ 19.3%€83k▲ 18.1%

Operating result€32k-€445▼ 98.6%€18k▲ 3,859%€15k▼ 14.4%€17k▲ 15.1%

Net result€28k-€357▼ 98.7%€15k▲ 4,215%€11k▼ 25.7%€13k▲ 11.5%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 15% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €198k

50.2%

49.8%

Fixed assets €99k▼ 7.9%

Current assets €99k▲ 21.9%

Equity and liabilities €198k

42.1%

57.9%

Equity €83k▲ 18.1%

Debt €115k▼ 3.0%

The debt ratio falls from 62.6% to 57.9%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€55k▲

2023 · €40k

Cash flow

€50k▲

2023 · €36k

Solvency

42.1%▲

2023 · 37.4%

Current ratio

1.01▲

2023 · 0.85

Quick ratio

0.73▲

2023 · 0.61

Debt / equity

1.37▼

2023 · 1.67

ROE

15.3%▼

2023 · 16.2%

ROA

6.4%▲

2023 · 6.1%

Interest coverage

38.05▼

2023 · 41.44

Debt

€115k▼

2023 · €118k

Debt ≤ 1 year

€98k▲

2023 · €96k

Debt > 1 year

€17k▼

2023 · €23k

Income taxes

€3k▲

2023 · €3k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€189k€198k▲

Fixed assets21/28€108k€99k▼

Tangible fixed assets22/27€108k€99k▼

Plant, machinery and equipment23€46k€54k▲

Furniture and vehicles24€62k€46k▼

Current assets29/58€81k€99k▲

Stocks and contracts in progress3€23k€27k▲

Stocks30/36€23k€27k▲

Amounts receivable within one year40/41€8k€15k▲

Trade receivables40€6k€13k▲

Other amounts receivable41€1k€2k▲

Cash at bank and in hand54/58€44k€48k▲

Deferred charges and accrued income490/1€7k€9k▲

Equity and liabilities

Total equity and liabilities10/49€189k€198k▲

Equity10/15€71k€83k▲

Contributions10/11€15k€15k=

Reserves13€56k€68k▲

Distributable reserves133€56k€68k▲

Amounts payable17/49€118k€115k▼

Amounts payable after more than one year17€23k€17k▼

Financial debts170/4€23k€17k▼

Amounts payable within one year42/48€96k€98k▲

Current portion of amounts payable after more than one year42€6k€6k▲

Trade debts44€16k€11k▼

Suppliers440/4€16k€11k▼

Taxes, remuneration and social security45€2k€11k▲

Taxes450/3€455€9k▲

Remuneration and social security454/9€2k€2k=

Other amounts payable47/48€71k€69k▼

Accrued charges and deferred income492/3€39€92▲

Income statement Code20232024

Non-recurring operating income76A€4k€10k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€37k▲

Other operating charges640/8€1k€1k▼

Gross operating margin9900€41k€56k▲

Operating profit (loss)9901€15k€17k▲

Financial charges65/66B€954€2k▲

Recurring financial charges65€954€1k▲

Non-recurring financial charges66B-€100

Profit (loss) for the period before taxes9903€14k€16k▲

Income taxes67/77€3k€3k▲

Profit (loss) for the period9904€11k€13k▲

Profit (loss) for the period to be appropriated9905€11k€13k▲

Appropriation of the result

Profit (loss) to be appropriated9906€11k€13k▲

Transfer to equity691/2€11k€13k▲

To other reserves6921€11k€13k▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 6Financial 1Filings 5

2025

27-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

18-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

16-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

24-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Weakest financial yearnet €357 ▼98.7%

Net result drops to €357, the lowest in the series; recovery starts the following year.

26-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Glabbeek · 1 establishment unit since 2020

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Tiensesteenweg 1123380 Glabbeek

Ground area

1,092 m²

Building footprint

490 m²

Volume, LiDAR

2,216 m³

Parcel 24018E0113/00L002, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

HK-TECHNICS

Tiensesteenweg 112, 3380 GlabbeekManufacture of motor vehicles, trailers and semi-trailers

since 20202.298.069.956

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24018E0113/00L002	Flanders	1,092 m²	1 · 490 m²	7.1 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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

GARAGE KF-SD

BE 0502.529.581

Waregem · Eq €84k

Car Trading Marc VOORPYL

Car Diagnostic Support

BE 0630.928.976

Vosselaar · Eq €84k

Garage Goeman-Cammaert

BE 0829.736.515

Asse · Eq €83k

Of 7,375 companies in sector 95311 we hold annual accounts for 2,958. 2,267 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded15-01-2020

Fiscal year end31-12

Activities, NACEBEL

95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)

95319Other maintenance and repair of motor vehicles

45112

47811Retail sale of cars and light vans (up to 3.5 tonnes)

47812Retail trade

95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles

45204

46180Agents specialised in the wholesale of other particular products

95314Bodywork repair (including spraying and painting)

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.