HM TECH
Open bankruptcyA bankruptcy procedure is open for HM TECH according to publications in the Belgian State Gazette; curator: BENNY GOOSSENS.
Summary
The 2023 annual accounts show equity of €361k and a net result of €278k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€494k
EBIT margin
20.6%
Net result
€278k▲ 247%
2022 · €80k
2022: €80k
2022 → 2023
Working capital
€159k▲ 339%
2022 · €36k
2022: €36k
2022 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023Trend
Turnover€494k-
Equity€83k-€361k▲ 334%
Operating result€102k-€375k▲ 269%
Net result€80k-€278k▲ 247%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2023; 2023 is 269% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.34M
Fixed assets
€329k ▲ 136%
Current assets
€1.01M ▲ 253%
Equity and liabilities €1.34M
Equity
€361k ▲ 334%
Debt
€978k ▲ 185%
Debt's share of the balance-sheet total falls from 80.5% to 73.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€443k▲
2022 · €124k
Cash flow
€345k▲
2022 · €102k
Current ratio
1.19▲
2022 · 1.14
Debt to equity
2.71▼
2022 · 4.13
ROE
77.0%▼
2022 · 96.4%
ROA
20.7%▲
2022 · 18.8%
Interest coverage
30.61▼
2022 · 33.40
Debt ≤ 1 year
€851k▲
2022 · €250k
Debt > 1 year
€127k▲
2022 · €93k
Income taxes
€93k▲
2022 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 43 lines
Balance sheet
Code20222023
Assets
Total assets20/58€426k€1.34M▲
Fixed assets21/28€140k€329k▲
Tangible fixed assets22/27€140k€329k▲
Plant, machinery and equipment23-€64k
Furniture and vehicles24€5k€17k▲
Leasing and similar rights25€135k€247k▲
Current assets29/58€286k€1.01M▲
Amounts receivable within one year40/41€167k€957k▲
Trade receivables40€56k€653k▲
Other amounts receivable41€111k€304k▲
Cash at bank and in hand54/58€119k€42k▼
Deferred charges and accrued income490/1-€11k
Equity and liabilities
Total equity and liabilities10/49€426k€1.34M▲
Equity10/15€83k€361k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€80k€358k▲
Amounts payable17/49€343k€978k▲
Amounts payable after more than one year17€93k€127k▲
Financial debts170/4€93k€127k▲
Amounts payable within one year42/48€250k€851k▲
Current portion of amounts payable after more than one year42€36k€65k▲
Trade debts44€65k€598k▲
Suppliers440/4€65k€598k▲
Advances received on contracts in progress46€100k€83k▼
Taxes, remuneration and social security45€48k€105k▲
Taxes450/3€48k€105k▲
Other amounts payable47/48€319-
Income statement
Code20222023
Turnover70€494k-
Goods, raw materials, services and sundry goods60/61€369k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€68k▲
Other operating charges640/8€896€30k▲
Gross operating margin9900€125k€473k▲
Operating profit (loss)9901€102k€375k▲
Financial income75/76B€5k€9k▲
Recurring financial income75€5k€9k▲
Financial charges65/66B€4k€14k▲
Recurring financial charges65€4k€14k▲
Profit (loss) for the period before taxes9903€103k€370k▲
Income taxes67/77€23k€93k▲
Profit (loss) for the period9904€80k€278k▲
Profit (loss) for the period to be appropriated9905€80k€278k▲
Appropriation of the result
Profit (loss) to be appropriated9906€80k€358k▲
Profit (loss) brought forward from the previous period14P-€80k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
26-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · HM TECH BV BV SAS- STRAAT 31, 9050 GENTBRUGGE · event 19-05-2026
2025
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 463 days late
2024
22-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 206 days late
2023
31-12
Financial
Equity above €200kEq €361k ▲334%
2 profitable years in a row build equity to €361k.
SignalFinancial 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, Gent · 1 establishment unit since 2021
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.
Sasstraat 319050 GentGround area
79 m²
Building footprint
64 m²
Volume, LiDAR
534 m³
Parcel 44362B0293/00L008, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HM TECH
since 20212.323.131.786
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44362B0293/00L008 | Flanders | 79 m² | 1 · 64 m² | 11.3 m · 3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BENNY GOOSSENS TOLPOORTSTRAAT 145,
9800 DEINZE |
19-05-2026 → present |
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Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 793 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
42110Construction of roads and motorways
42212Civil engineering
42220Construction of utility projects for electricity and telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.