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HMT

Active
Private limited companyfounded 2025active for 1 yearKapoenstraat 10, 8610 Kortemark, BelgiumKBO/BCE: BE 1019.712.894
Summary

HMT has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,460 and a net result of €7,460. Its solvency ranks better than 25% of 34,699 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Financials · financial year 2025, micro format

Equity
€12,460
Total assets
€53,588
Net result
€7,460
Working capital
€13,587

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

Balance-sheet composition
Assets €53,588
Fixed assets €28,873
Current assets €24,715
Equity and liabilities €53,588
Equity €12,460
Debt €41,128
Debt finances 76.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€11,215
Cash flow
€9,831
Current ratio
2.22
Debt to equity
3.30
ROE
59.9%
ROA
13.9%
Interest coverage
46.70
Debt ≤ 1 year
€11,128
Debt > 1 year
€30,000
Income taxes
€1,144

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,390 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€53,588
Fixed assets21/28€28,873
Tangible fixed assets22/27€28,873
Furniture and vehicles24€28,873
Current assets29/58€24,715
Amounts receivable within one year40/41€8,089
Trade receivables40€7,460
Other amounts receivable41€629
Cash at bank and in hand54/58€16,626
Equity and liabilities
Total equity and liabilities10/49€53,588
Equity10/15€12,460
Contributions10/11€5,000
Reserves13€7,460
Distributable reserves133€7,460
Amounts payable17/49€41,128
Amounts payable after more than one year17€30,000
Other amounts payable178/9€30,000
Amounts payable within one year42/48€11,128
Trade debts44€3,871
Suppliers440/4€3,871
Taxes, remuneration and social security45€1,640
Taxes450/3€1,640
Other amounts payable47/48€5,617
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,371
Other operating charges640/8€295
Gross operating margin9900€11,510
Operating profit (loss)9901€8,844
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€240
Recurring financial charges65€240
Profit (loss) for the period before taxes9903€8,604
Income taxes67/77€1,144
Profit (loss) for the period9904€7,460
Profit (loss) for the period to be appropriated9905€7,460
Appropriation of the result
Profit (loss) to be appropriated9906€7,460
Transfer to equity691/2€7,460
To other reserves6921€7,460

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,371
Other operating charges640/8€295
Gross operating margin9900€11,510
Operating profit (loss)9901€8,844
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€240
Recurring financial charges65€240
Profit (loss) for the period before taxes9903€8,604
Income taxes67/77€1,144
Profit (loss) for the period9904€7,460
Profit (loss) for the period to be appropriated9905€7,460
Line2025
Assets
Total assets20/58€53,588
Fixed assets21/28€28,873
Tangible fixed assets22/27€28,873
Furniture and vehicles24€28,873
Current assets29/58€24,715
Amounts receivable within one year40/41€8,089
Trade receivables40€7,460
Other amounts receivable41€629
Cash at bank and in hand54/58€16,626
Equity and liabilities
Total equity and liabilities10/49€53,588
Equity10/15€12,460
Contributions10/11€5,000
Reserves13€7,460
Distributable reserves133€7,460
Amounts payable17/49€41,128
Amounts payable after more than one year17€30,000
Other amounts payable178/9€30,000
Amounts payable within one year42/48€11,128
Trade debts44€3,871
Suppliers440/4€3,871
Taxes, remuneration and social security45€1,640
Taxes450/3€1,640
Other amounts payable47/48€5,617
Line2025
Profit (loss) for the period9904€7,460
+ Depreciation and write-downs630€2,371
Operating cash flow (approximation)€9,831

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 micro format 17-01-2026 2026-00009124

Similar companies · same sector, comparable size

Of the 22,639 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,502. 6,275 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.