HOLYMAR
ActiveSummary
HOLYMAR has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €96,150 and a net result of -€46,669. Equity is shrinking by ~17% per year across the filed fiscal years. Its solvency ranks better than 26% of 11617 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability2=
Solvency52▼-12
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.1 against 1.12 in 2023; short-term debt: 72.7% and cash: 0% of total assets), and 72.7% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
27.3%
Return on assets
-13.3%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
21222324
2021 to 2024 · latest year -€46,669
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2026, 414 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
414 d late
2023
34 d late
2022
174 d late
2021
224 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 212 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€46,669▲ 5.3%
2023 · -€49,287
Working capital
€25,355▼ 6.2%
2023 · €27,034
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€107,197-€160,441▲ 49.7%-€46,659-€45,762▲ 1.9%
Net result€75,369above the sector's middle half-€113,737within the sector's middle half▲ 50.9%-€49,287below the sector's middle half-€46,669below the sector's middle half▲ 5.3%
Equity€78,369within the sector's middle half-€192,106within the sector's middle half▲ 145%€142,819within the sector's middle half▼ 25.7%€96,150within the sector's middle half▼ 32.7%
Total assets€165,551within the sector's middle half-€395,214within the sector's middle half▲ 139%€361,801above the sector's middle half▼ 8.5%€351,785above the sector's middle half▼ 2.8%
Debt€87,181-€203,108▲ 133%€218,982▲ 7.8%€255,634▲ 16.7%
Working capital-€22,757below the sector's middle half-€59,455within the sector's middle half€27,034within the sector's middle half▼ 54.5%€25,355within the sector's middle half▼ 6.2%
Solvency47.3%within the sector's middle half-48.6%within the sector's middle half▲ 1.3pp39.5%within the sector's middle half▼ 9.1pp27.3%within the sector's middle half▼ 12.1pp
Current ratio0.74below the sector's middle half-1.29within the sector's middle half▲ 0.551.12below the sector's middle half▼ 0.171.10below the sector's middle half▼ 0.02
Return on assets (ROA)45.5%above the sector's middle half-28.8%above the sector's middle half▼ 16.7pp-13.6%below the sector's middle half▼ 42.4pp-13.3%below the sector's middle half▲ 0.4pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €45,762 in 2024 against €46,659 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €351,784
Fixed assets
€70,795 ▼ 38.9%
Current assets
€280,989 ▲ 14.2%
Equity and liabilities €351,784
Equity
€96,150 ▼ 32.7%
Debt
€255,634 ▲ 16.7%
Debt's share of the balance-sheet total rises from 60.5% to 72.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€35,289▼
2023 · -€18,726
Cash flow
-€36,196▼
2023 · -€21,354
Debt to equity
2.66▲
2023 · 1.53
ROE
-48.5%▼
2023 · -34.5%
Interest coverage
-33.14▼
2023 · -22.54
Debt ≤ 1 year
€255,634▲
2023 · €218,982
Staff costs
€1,961▼
2023 · €3,363
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,133 companies that looked in July 2024 the way this one looks now, 6.4% went bankrupt within 24 months and 86% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
6.4%
went bankrupt
6.6%
stopped otherwise
86%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 1,133 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
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €27,522 | - |
| Remuneration, social security and pensions62 | €1,091 | €1,908 | €3,363 | €1,961 | ▼ 41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,607 | €20,166 | €27,932 | €10,473 | ▼ 62.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €25,097 | - |
| Other operating charges640/8 | €6,169 | €2,278 | €1,078 | €2,156 | ▲ 99.9% |
| Non-recurring operating charges66A | - | €1,521 | €165 | €1,130 | ▲ 584% |
| Gross operating margin9900 | €128,063 | €186,314 | -€14,120 | -€4,945 | ▲ 65.0% |
| Operating profit (loss)9901 | €107,197 | €160,441 | -€46,659 | -€45,762 | ▲ 1.9% |
| Financial income75/76B | - | €256 | €248 | €159 | ▼ 35.8% |
| Recurring financial income75 | - | €256 | €248 | €159 | ▼ 35.8% |
| Financial charges65/66B | €245 | €550 | €831 | €1,065 | ▲ 28.2% |
| Recurring financial charges65 | €245 | €550 | €831 | €1,065 | ▲ 28.2% |
| Profit (loss) for the period before taxes9903 | €106,952 | €160,147 | -€47,242 | -€46,669 | ▲ 1.2% |
| Income taxes67/77 | €31,582 | €46,410 | €2,045 | - | - |
| Profit (loss) for the period9904 | €75,369 | €113,737 | -€49,287 | -€46,669 | ▲ 5.3% |
| Profit (loss) for the period to be appropriated9905 | €75,369 | €113,737 | -€49,287 | -€46,669 | ▲ 5.3% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €165,551 | €395,214 | €361,801 | €351,785 | ▼ 2.8% |
| Fixed assets21/28 | €101,126 | €132,651 | €115,785 | €70,795 | ▼ 38.9% |
| Intangible fixed assets21 | €6,488 | €4,321 | €2,155 | - | - |
| Tangible fixed assets22/27 | €94,638 | €128,329 | €113,630 | €70,795 | ▼ 37.7% |
| Plant, machinery and equipment23 | €72,255 | €57,119 | €43,802 | €6,798 | ▼ 84.5% |
| Furniture and vehicles24 | - | €13,574 | €13,592 | €5,781 | ▼ 57.5% |
| Other tangible fixed assets26 | - | €6,954 | €5,554 | €7,533 | ▲ 35.6% |
| Assets under construction and advance payments27 | €22,383 | €50,683 | €50,683 | €50,683 | = |
| Current assets29/58 | €64,425 | €262,563 | €246,016 | €280,989 | ▲ 14.2% |
| Amounts receivable within one year40/41 | €63,888 | €10,110 | €46,697 | €80,914 | ▲ 73.3% |
| Trade receivables40 | €63,888 | €10,110 | €45,661 | €76,022 | ▲ 66.5% |
| Other amounts receivable41 | - | - | €1,037 | €4,892 | ▲ 372% |
| Current investments50/53 | - | €195,000 | €195,000 | €200,000 | ▲ 2.6% |
| Cash at bank and in hand54/58 | €537 | €53,332 | €2,685 | €75 | ▼ 97.2% |
| Deferred charges and accrued income490/1 | - | €4,121 | €1,634 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €165,551 | €395,214 | €361,801 | €351,785 | ▼ 2.8% |
| Equity10/15 | €78,369 | €192,106 | €142,819 | €96,150 | ▼ 32.7% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Capital10 | - | €3,000 | - | - | - |
| Issued capital100 | - | €3,000 | - | - | - |
| Reserves13 | €75,369 | €189,106 | €189,106 | €189,106 | = |
| Distributable reserves133 | €75,369 | €189,106 | €189,106 | €189,106 | = |
| Profit (loss) carried forward14 | - | - | -€49,287 | -€95,956 | ▼ 94.7% |
| Amounts payable17/49 | €87,181 | €203,108 | €218,982 | €255,634 | ▲ 16.7% |
| Amounts payable within one year42/48 | €87,181 | €203,108 | €218,982 | €255,634 | ▲ 16.7% |
| Trade debts44 | €35,711 | €62,209 | €24,880 | €76,849 | ▲ 209% |
| Suppliers440/4 | €35,711 | €62,209 | €24,880 | €76,849 | ▲ 209% |
| Taxes, remuneration and social security45 | €51,471 | €135,664 | €127,274 | €21,464 | ▼ 83.1% |
| Taxes450/3 | €47,145 | €113,949 | €80,497 | €21,464 | ▼ 73.3% |
| Remuneration and social security454/9 | €4,326 | €21,715 | €46,777 | - | - |
| Other amounts payable47/48 | - | €5,235 | €66,828 | €157,321 | ▲ 135% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €75,369 | €113,737 | -€49,287 | -€46,669 | ▲ 5.3% |
| + Depreciation and write-downs630 | €13,607 | €20,166 | €27,932 | €10,473 | ▼ 62.5% |
| Operating cash flow (approximation) | €88,976 | €133,902 | -€21,354 | -€36,196 | ▼ 69.5% |
| Investment in fixed assets (approximation) | - | -€51,691 | -€11,066 | €34,517 | ▲ 412% |
| Change in cash | - | €52,795 | -€50,647 | -€2,610 | ▲ 94.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 414 days late
2024
03-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 34 days late
21-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 174 days late
2023
31-12
Financial
Weakest financial yearnet -€49,287
Net result drops to -€49,287, the lowest in the series; recovery starts the following year.
12-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 224 days late
2022
31-12
Financial
Highest result since 2021net €113,737 ▲50.9%
Operating result €160,441, net result €113,737, both a record.
31-12
Financial
Equity above €150,000Eq €192,106 ▲145%
2 profitable years in a row build equity to €192,106.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Farciennes · 1 establishment unit since 2020
Ground area
135 m²
Building footprint
108 m²
Volume, LiDAR
489 m³
Parcel 52018B0540/00N000, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HOLYMAR
since 20202.306.032.765
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52018B0540/00N000indicative | Wallonia | 135 m² | 1 · 108 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
3 categoriesHOLYMAR SRL40873
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Of 11,567 companies in this sector we hold annual accounts for 6,567. 5,227 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded12-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
25110Manufacture of metal structures and parts of structures
25530Machining of metals
43211General electrical installation work
46649Wholesale of other machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0751998339
Also
9925:BE0751998339
Registered
31-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.