HMT
ActiveSummary
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 34,972 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 06-02-2025 Normal situation
- Activity
- General electrical installation work NACE 43211and 4 others
- Establishment unit
- 2.370.037.820 8610 Kortemark, since 06-02-2025
- Financial year end
- 30 June
- Peppol
- Reachable since 23-02-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.3%
- Gross margin
- €11,510
- Turnover
- ≈ €95,000
- estimated
- Profit
- €7,460
- Equity
- €12,460
- Total assets
- €53,588
Score breakdownraises riskSize: total assets €53,588Founded in 2025Equity €12,460 (23.3% of total assets)lowers riskLiquidity: current ratio 2.22, cash €16,626Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 25% of them on solvency, 80% on liquidity and 71% on profitability.
The bankruptcy probability was computed on 03-11-2026 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
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 17-01-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 30-06-2025 |
|---|---|
| Tangible fixed assets | €31,245 |
| Depreciation and write-downs of the year | €2,371 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
| Line | 2025 |
|---|---|
| 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 |
| Line | 2025 | |
|---|---|---|
| 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 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €7,460 |
| + Depreciation and write-downs630 | €2,371 |
| Operating cash flow (approximation) | €9,831 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,390 companies had the same profile as HMT has now. Two years later, 96.7% were still going and 1.2% had gone bankrupt.
- Micro
- under 2 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HMT itself: 1.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,390 companies, not a prediction for HMT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 17-01-2026 | 2026-00009124 |
Board & ownership
Directors
Owners and capital
Shareholders
- HUYGEBAERT Martijn Raymond 500 shares (100%)
Capital transactions
- 10-02-2025 Incorporation · €5,000 · 500 shares
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 10-02-2025 (in Dutch)
Network & group
HMT shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of HMT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
10-02
Gazette deed
IncorporationStarting capital €5,000 · Appointment: HUYGHEBAERT Martijn Raymond (director) · Founder · Declaration17 points ▸
- Incorporation, “HMT” (deed in Dutch)
- Founder, HUYGEBAERT Martijn Raymond
- Other provision, 13-01-2025
- Declaration, “aansprakelijkheid oprichters bij faillissement binnen drie jaar na oprichting indien aanvangsvermogen kennelijk ontoereikend” (deed in Dutch)
- Founding capital, €5,000
- Bank account, EUR, “bijzondere rekening namens vennootschap in oprichting” (deed in Dutch)
- Other provision, “vaststelling statuten, statuten luiden als volgt” (deed in Dutch)
- Share issue, “winstverdeling en vereffeningsaldo, inbrengen” (deed in Dutch)
- Other provision, “eerste boekjaar”, 30-06-2025 (deed in Dutch)
- Other provision, “eerste algemene vergadering”, 26-12-2025 (deed in Dutch)
- Other provision, “adres zetel, 8610 Kortemark,Kapoenstraat 10 B” (deed in Dutch)
- Other provision, 1, “aantal bestuurders” (deed in Dutch)
- The act holds 5 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 202524 activities
- Het installeren van elektrische en elektrotechnische installaties en hulpvoedingssysteem
- Het installeren van verwarming, klimaatregeling en ventilatie
- Het leveren en plaatsen van verlichting, drijfkracht, telefooninstallaties, computersystemen, alarmen beveiligingssystemen en datatelecommunicatie
- Het ontwerpen, de fabricatie, de installatie, het onderhoud en herstelling van hernieuwbare energiesystemen, en/of de hernieuwbare energie, voortgebracht door de systemen zelf, alsook de aan- en verkoop, leasing, import en export, groot- en kleinhandel ervan
- Vervaardiging en montage van metalen constructiewerken of gebinten voor de bouw
- Het aanbrengen in gebouwen en andere bouwwerken van isolatiemateriaal, zowel thermische isolatie als isolatie tegen geluid en trillingen
- Het ontwerpen, opmaken, uittekenen en uitwerken van technische plannen en meetstaven
- Het opstellen, ontwerpen en uitwerken van diverse technische dossiers
- Het waarnemen van opdrachten als werfleider
- Reparatie van allerhande consumentenelektronica
- Groot- en kleinhandel in bouwmaterialen, elektrische materialen, audio- en videoapparatuur en verlichtingsartikelen voor professioneel en huishoudelijk gebruik
- Onderneming voor het bouwen van funderingen, inclusief heien
- De algemene reiniging van gebouwen
- Het reinigen van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden
- Alle activiteiten betreffende sanitair, timmer- en schrijnwerken
- Metaalbewerking, de vervaardiging van metalen werkstukken door toepassing van diverse technieken voornamelijk lassen, solderen, braseren, thermisch snijden, boren, draaien, frezen, plooien, vonkerosief bewerken, schaven, lappen, trekfrezen, vlakken, zagen en slijpen
- Onderhoud en reparatie van producten van metaal, machines en apparaten voor eigen rekening en voor rekening van derden
- Demonteren, verplaatsen en installeren van industriële machines, toestellen en werktuigen
- Het ontwerpen, fabriceren en commercialiseren onder al zijn mogelijke vormen van allerhande machines
- De metaalbewerking, het zandstralen, het metalliseren, het galvaniseren en het verfspuiten van alle voorwerpen uit gelijk welke aard van grondstof
- Het ontwerpen, construeren, en monteren van metaalconstructies en hydraulische installaties
- Verhuur en lease van allerlei materiaal en machines
- Het aankopen, renoveren en verbouwen van woningen en handelspanden in eigen naam met het oog op het verkopen en/of het verhuren ervan
- Consultancy, opleiding en technische expertise en bijstand op voornoemde gebieden
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1019.712.894
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 32027B0131/00L002 | Flanders | 1,086 m² | 1 · 334 m² | 8.5 m |