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HKS Belgium

Active
Public limited companyfounded 2010active for 16 yearsEindhoutseheide 2, 2440 Geel, BelgiumKBO/BCE: BE 0827.655.072
Summary

HKS Belgium has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €446,692. Equity has been growing by about 20% per year since 2018. Its solvency ranks better than 13% of 6,178 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

Source: KBO
Status
Active since 01-07-2010 Normal situation
Activity
Wholesale trade NACE 46872and 1 other
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
142.01 Paritair Subcomité voor de terugwinning van metalen · annual accounts 2025
Establishment unit
2.231.107.193 2440 Geel, since 01-07-2011
Financial year end
31 December
Peppol
Reachable since 01-10-2025

Board and ownership

Board
  • Ibrahim BayramManaging director
  • HKS Scrap MetalsManaging director · permanent representative Frank Van der Voort
  • Wout KustersManaging director
Auditor
Pwc Bedrijfsrevisoren
Shareholders
  • HKS SCRAP METALS BVannual accounts 2025

Financial position

63 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts 2025
Turnover
€40.1m
▼ 16.0%
Profit
€446,692
Equity
€1.3m
▲ 51.8%
Total assets
€13.9m
▼ 21.9%
Employees on 31-12-2025
28
▲ 16.7%
  • 2025 accounts filed 88 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.75Last filed accounts filed 88 days late; 1 of the last 3 accounts lateEquity €1.3m (9.4% of total assets)lowers riskFounded in 2010Show the evidence

Checked score

Score 2025
63 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 28% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency 34+4
equity 9.4% of total assets
Liquidity 3+3
short-term debt 87.6%
Profitability 59+19
return on assets 3.2%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,375 companies, NACE 46, small)
Last 24 months 12-2024: 1.5% 01-2025: 1.5%● unchanged vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.6%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 0.9%▼ -0.7 percentage points vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.7%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: 0.7%● unchanged vs 07-2026lowest value 09-2026: 0.7%● unchanged vs 08-2026lowest value 10-2026: 1.2%▲ +0.5 percentage points vs 09-2026 11-2026: 1.2%● unchanged vs 10-2026
Credit of up to €80,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.75 (0.72 in 2024), below 1. Short-term debt is 87.6% of total assets. 90.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 46, small). It does better than 12% of them on solvency, 4% on liquidity, 43% on profitability and 52% on growth.

The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.75
NBB · annual accounts
raises risk · Last filed accounts filed 88 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2010
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €1.3m (9.4% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 6178 sector peers (2025).
NBB · sector comparison
Position among 6178 sector peers
Solvency
better than 13%
← weakest strongest →
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-10-2026, 88 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
88 days late
2024
44 days early
2023
55 days early
2022
56 days early
2021
37 days early
2020
33 days early
2019
14 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €98,526 in 2024 €446,692 View
  • Caution: Lower solvency than 87% of companies in wholesale tradesector median 45.2% · 6,178 companies 9.4% View
  • Flemish supportawarded from 2022 to 2025 €53,894 View

Recent changes

  1. · Gazette deed Reappointment: PwC Bedrijfsrevisoren (statutory auditor)Permanent representative: Katrijn Verhaegen
  2. · Gazette deed Resignation: Wout C Kusters (director)Appointment: Ibrahim Bayram (managing director)
  3. · Gazette deed Permanent representatives: Katrijn Verhaegen and Roel Boons
All 27 events

Comparable companies

These companies have the same main activity as HKS Belgium: wholesale trade (NACE 46872). They are comparable in size and age: total assets between €12m and €21m, founded between 1992 and 2006.

CompanyTotal assetsTurnover
HKS Belgium Geel€13.9m€40.1m
Belgian Scrap Terminal Wallonie Engis€21.5m€58.7m
BRUSSELS RECYCLING METAL Brussel€11.8m€19.4m
SCHROOTHANDEL PIESSENS Willebroek€12.5m€17.9m
C.E.T.T. P. MONSEU Rochefort€20.9m€23.7m
VAN DEN BROUCK - DE SUTTER Ninove€17.4m€29.8m
Metallum Metal Trading Schoten€15.2m€60.5m
Full comparison

Key facts about HKS Belgium

What is the company number of HKS Belgium?
The company number of HKS Belgium is 0827.655.072. The VAT number is the same number with BE in front: BE 0827.655.072.
Where is HKS Belgium based?
The registered office is at Eindhoutseheide 2, 2440 Geel.Company details
What does HKS Belgium do?
According to the KBO register, the main activity is wholesale trade (NACE 46872).
What is the legal form of HKS Belgium?
The legal form of HKS Belgium is Public limited company (NV).
When was HKS Belgium founded?
HKS Belgium was founded on 01-07-2010.
Is HKS Belgium still active?
Yes, HKS Belgium is an active enterprise in the KBO register.
How many employees does HKS Belgium have?
HKS Belgium had an average of 25 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does HKS Belgium fall under?
In its 2025 annual accounts, HKS Belgium states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 142.01 (Paritair Subcomité voor de terugwinning van metalen).
What is the turnover of HKS Belgium?
The turnover of HKS Belgium was €40.1m in financial year 2025, according to the filed annual accounts.
Is HKS Belgium profitable?
In financial year 2025, HKS Belgium made a profit of €446,692.
Where can I find the annual accounts of HKS Belgium?
HKS Belgium filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HKS Belgium due?
HKS Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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