Financials
- Financial year
- 2025
- Total assets
- €110,274
- Profit
- €19,034
- Solvency
- 26.3%
HKM Connect
ActiveSummary
The computed 12-month bankruptcy probability of HKM Connect is 2.2% (moderate). The 2025 annual accounts show equity of €29,034 and a net result of €19,034. Its solvency ranks better than 47% of 4,600 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Cafés and bars
NACE 56301
1 site
Size
€110,274total assets 2025
- Staff
- 1.7 FTE
- Equity
- €29,034
- Profit
- €19,034
Turnover not published (abbreviated format)
Structure
Accounts filed 26 days late0 of 1 deed read
Why 54raises riskFounded in 2024Size: 1.7 FTE, total assets €110,274Sector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 0.85, cash €47,156Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 65% of its sector peers (NACE 56, micro)
Financial strength
Strong
Solvency
51
equity 26.3% of total assets
Liquidity
65
short-term debt 65.8% · cash 42.8%
Profitability
90
return on assets 17.3%
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2025: 3.9%
09-2025: 3.9%● unchanged vs 08-2025
10-2025: 4.1%▲ +0.2 percentage points vs 09-2025
11-2025: 4.4%▲ +0.3 percentage points vs 10-2025
12-2025: 4.6%▲ +0.2 percentage points vs 11-2025
01-2026: 4.9%▲ +0.3 percentage points vs 12-2025
02-2026: 4.9%● unchanged vs 01-2026
03-2026: 5.5%▲ +0.6 percentage points vs 02-2026
04-2026: 5.3%▼ -0.2 percentage points vs 03-2026
05-2026: 5.3%● unchanged vs 04-2026
06-2026: 5.6%▲ +0.3 percentage points vs 05-2026
07-2026: 5.8%▲ +0.2 percentage points vs 06-2026
08-2026: 5.8%● unchanged vs 07-2026highest value
09-2026: 5.8%● unchanged vs 08-2026highest value
10-2026: 2.2%▼ -3.6 percentage points vs 09-2026lowest value
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.85; short-term debt: 65.8% and cash: 42.8% of total assets), and 73.7% of the assets are financed with debt.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 47% on solvency, 69% on liquidity and 79% on profitability.
The bankruptcy probability was computed on 10-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-02-2026, 26 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
26 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2026
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Cafés and barsNACE 56301
- Founded
- 22-07-2024
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark Is the workforce growing, and do people stay?Employer check
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