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Complete company report
Generated 11-07-2026
Active BE 0752.940.625Private limited company

HS TECH

Weldoenersstraat 40 ·1830 Machelen (Brab.), Belgium· 5 yrs active
Sector: Plumbing (43221)
Conclusion Checked

The computed 12-month bankruptcy probability of HS TECH is 4.0% (moderate). The 2022 annual accounts show equity of €40k and a net result of €16k. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €40k
Net result €16k
Active 5 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health93Profitability100Solvency99Growth50Stability79
84 / 100

Exceptional profile, strong across almost every axis.

Health 93
Profitability 100
Solvency 99
Growth 50
Stability 79
Bankruptcy probability (12 mo) Checked model v1 · free
4.0% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2022 · computed
93 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview3 NBB filings
Annual accounts filed on 25-08-2024 with the NBB · fiscal year 2023 · micro
Fiscal year2022
Revenue-
EBITDA€23k
Net profit€16k
Cash flow€17k
Staff costs-
Income taxes€5k
Dividends-
Total assets€66k
Equity€40k
Debt€26k
of which ≤ 1y€26k
of which > 1y-
Working capital€37k
Employees (FTE)-
Ratios (computed)
2022
Current ratio2.43
Quick ratio2.43
Working capital ratio56.1%
Solvency60.8%
Debt / equity0.65
Long-term debt ratio-
Interest coverage32.07
Gross margin-
Net margin-
ROA23.7%
ROE39.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€66k
Fixed assets 21/28€3k
Tangible fixed assets 22/27€3k
Current assets 29/58€63k
Amounts receivable within one year 40/41€55k
Cash & bank 54/58€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€66k
Equity 10/15€40k
Contributions / capital 10/11€5k
Accumulated profits (losses) 14€35k
Amounts payable 17/49€26k
Amounts payable within one year 42/48€26k
Trade debts payable within one year 44€8k
Income statement
Gross operating margin 9900€24k
Operating result 9901€22k
Financial income 75€50
Financial charges 65€726
Result before taxes 9903€21k
Income taxes 67/77€5k
Net result for the period 9904€16k
Result to be appropriated 9905€16k
Ratios computed by Checked.
Legal Structure
NACE primary Plumbing(43221)
Legal form Private limited company(610)
Incorporation25-08-2020
StatusActive
Postal code1830
Establishment units 1 location
HS TECH
Petrus Turcksinstraat 45/BS01, 1830 Machelen (Brab.)Sanitaire werkzaamheden
since 20202.306.991.184
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23047A0020/00W002 Flanders 1,446 m² 1 · 121 m² 10.6 m · 3 fl.
23047C0117/00E007 Flanders 262 m² 1 · 164 m² 9.9 m · 1 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
10-01-2025
State Gazette act Registered-office change
2024
25-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
01-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
24-10-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
Belgisch Staatsblad, acts 1 acts
Address history · 1
10-01-2025
Registered-office move
All acts · 1 updated 1 year ago
2025
10-01-2025 Registered office moved within Machelen Registered-office change
  • Turcksinstraat 45 01 1830 Machelen → Weldoenersstraat 40- 1830 Machelen
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Weldoenersstraat 40- 1830 Machelen",
        "city": "Machelen",
        "region": "vlaams_gewest",
        "street": "Weldoenersstraat",
        "country": "BE",
        "postcode": "1830",
        "box_number": null,
        "street_number": "40",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Turcksinstraat 45 01 1830 Machelen",
        "city": "Machelen",
        "region": "vlaams_gewest",
        "street": "Turcksinstraat",
        "country": "BE",
        "postcode": "1830",
        "box_number": null,
        "street_number": "45",
        "locality_suffix": null
      },
      "effective_date": "2025-01-01",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": null,
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-01-10",
    "filing_date": "2025-01-02",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "date": "2025-01-01",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0752.940.625",
    "name_full": "HS TECH",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Yahya Hyusein",
    "org_rep_person_name": null,
    "person_role_at_subject": "Administrateur"
  },
  "co_filed_documents": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Loodgieterswerk43221Sanitaire werkzaamheden43221Groothandel in metalen en metaalertsen46720Groothandel in metalen en metaalertsen46820
Primary activity highlighted.
Names & trade names
Legal nameNL HS TECH
Registered office
Weldoenersstraat 40
1830 Machelen (Brab.), Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative