Skip to content

HS-ELECTRICS

Active
Private limited companyfounded 20242 yrs activeGrijpenwegstraat 91, 3300 Tienen, BelgiumKBO/BCE: BE 1008.586.204
Summary

The computed 12-month bankruptcy probability of HS-ELECTRICS is 5.2% (elevated). The 2025 annual accounts show negative equity (-€10,602) and a net result of -€15,602. Its solvency ranks better than 5% of 28184 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
5.2% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.54; short-term debt: 184.6% and cash: 86.4% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-84.6%
Return on assets
-124.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
3 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 19 April 2024, HS-ELECTRICS was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
-€10,602
Total assets
€12,529
Net result
-€15,602
Working capital
-€10,602

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

Key figures and ratios
2025 value
Solvency
-84.6%
Current ratio
0.54
Debt to equity
-2.18
ROA
-124.5%
Debt
€23,131
Debt ≤ 1 year
€23,131

Peer companies

Historical observation

Of the 7,663 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.4% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 5.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 7,663 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 · 28 lines
Balance sheet Code2025
Assets
Total assets20/58€12,529
Current assets29/58€12,529
Amounts receivable within one year40/41€1,705
Trade receivables40€569
Other amounts receivable41€1,135
Cash at bank and in hand54/58€10,825
Equity and liabilities
Total equity and liabilities10/49€12,529
Equity10/15-€10,602
Contributions10/11€5,000
Profit (loss) carried forward14-€15,602
Amounts payable17/49€23,131
Amounts payable within one year42/48€23,131
Trade debts44€4,044
Suppliers440/4€4,044
Taxes, remuneration and social security45€55
Taxes450/3€55
Other amounts payable47/48€19,032
Income statement Code2025
Other operating charges640/8€1,123
Gross operating margin9900-€13,957
Operating profit (loss)9901-€15,080
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€527
Recurring financial charges65€527
Profit (loss) for the period before taxes9903-€15,602
Profit (loss) for the period9904-€15,602
Profit (loss) for the period to be appropriated9905-€15,602
Appropriation of the result
Profit (loss) to be appropriated9906-€15,602

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€1,123
Gross operating margin9900-€13,957
Operating profit (loss)9901-€15,080
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€527
Recurring financial charges65€527
Profit (loss) for the period before taxes9903-€15,602
Profit (loss) for the period9904-€15,602
Profit (loss) for the period to be appropriated9905-€15,602
Line2025
Assets
Total assets20/58€12,529
Current assets29/58€12,529
Amounts receivable within one year40/41€1,705
Trade receivables40€569
Other amounts receivable41€1,135
Cash at bank and in hand54/58€10,825
Equity and liabilities
Total equity and liabilities10/49€12,529
Equity10/15-€10,602
Contributions10/11€5,000
Profit (loss) carried forward14-€15,602
Amounts payable17/49€23,131
Amounts payable within one year42/48€23,131
Trade debts44€4,044
Suppliers440/4€4,044
Taxes, remuneration and social security45€55
Taxes450/3€55
Other amounts payable47/48€19,032
Line2025
Profit (loss) for the period9904-€15,602
Operating cash flow (approximation)-€15,602

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

Timeline · acts, filings and financial milestones

2026
28-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Tienen · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
453 m²
Building footprint
72 m²
Parcel 24592F0032/00G000, Flanders. Linked by address, not a title deed.
1 establishment unit
HS-ELECTRICS
Grijpenwegstraat 91, 3300 TienenGeneral electrical installation work
since 20242.359.105.326
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24592F0032/00G000 Flanders 453 m² 1 · 72 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded19-04-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43230Insulation installation
43320Joinery installation
43350Other building finishing work
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:1008586204
Also 9925:BE1008586204

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.