Financials
- Fiscal year
- 2024
- Total assets
- €390,638
- Profit
- €38,510
- Solvency
- 30.3%
Total assets▼ 21.0%
Net result
20182024
HOCETEC
ActiveSummary
The computed 12-month bankruptcy probability of HOCETEC is 2.9% (moderate). The 2024 annual accounts show equity of €118,364 and a net result of €38,510. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 36% of 3556 sector peers (fiscal year 2024). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
General electrical installation work
NACE 43211Installation of electric heating, air conditioning, cooling and ventilation NACE 43222NACE 45310
2 sites
Size
€390,638total assets 2024
- Staff
- 5.7 FTE
- Equity
- €118,364
- Profit
- €38,510
Structure
- Board
- 1 member
Accounts 63 d overdue1 of 3 deeds read
Why 51- Figures for FY 2024 (filed 29-08-2025)- Size: 5.7 FTE, total assets €390,638- 1 financial year not filed after the legal deadline; latest accounts 28 days late; 1 of the last 3 late+ Founded in 1999Show the evidence
Checked score
Score 2024
51
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 47% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
55+11
equity 30.3% of total assets
Liquidity
35+10
short-term debt 53.0% · cash 9.4%
Profitability
81+10
return on assets 9.9%
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 13 months
10-2025: 1.1%
11-2025: 1.1%● 0.0% vs 10-2025
12-2025: 1.1%● 0.0% vs 11-2025
01-2026: 1.1%▼ -0.5% vs 12-2025
02-2026: 1.1%● 0.0% vs 01-2026
03-2026: 1.1%▼ -2.4% vs 02-2026
04-2026: 1.1%▲ +0.9% vs 03-2026
05-2026: 1.1%▲ +0.5% vs 04-2026
06-2026: 1.0%▼ -4.7% vs 05-2026lowest value
07-2026: 1.1%▲ +2.1% vs 06-2026
08-2026: 1.9%▲ +79.4% vs 07-2026
09-2026: 2.2%▲ +17.9% vs 08-2026
10-2026: 2.9%▲ +30.7% vs 09-2026highest value
- Figures for FY 2024 (filed 29-08-2025) raises the probability
- Founded in 1999 lowers the probability for this profile
- Size: 5.7 FTE, total assets €390,638 raises the probability for this profile
- 1 financial year not filed after the legal deadline; latest accounts 28 days late; 1 of the last 3 late raises the probability
Credit up to €6,000 at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.22 in 2023; short-term debt: 53% and cash: 9.4% of total assets), and 69.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 32%, liquidity 23%, profitability 62%, growth against the median 71%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
61 d late
2022
29 d late
2021
30 d late
2020
87 d late
2019
84 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 53 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Reappointment: CENTELEGHE Rudi Jean-Pierre (non-statutory director)Capital conversion · Capital ·…
- Annual accounts filedfiscal year 2024 · full…
- Highest result since 2018net €38,510 ▲321%
Key points
By topic
Board & ownership
- Board
- 1 member
Go to Board & ownership
Timeline
- Events
- 14
- Since
- 2016
- 22-09-2026Reappointment: CENTELEGHE Rudi Jean-Pierre (non-statutory director)
- 28-08-2025Annual accounts filed
- 31-12-2024Highest result since 2018
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 24-12-1999
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 50
- Who signs
- Each director alone
- Annual meeting
- Third Friday of May at 18:00
- Purpose
- L’installation d'électricité, sanitaire, câbles ventilation, climatisation, chauffage…
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