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HUNITECH

Active
Private limited companyfounded 20242 yrs activeOude Haachtsesteenweg 59, 1831 Machelen (Brab.), BelgiumKBO/BCE: BE 1011.628.836
Summary

The computed 12-month bankruptcy probability of HUNITECH is 3.1% (moderate). The 2024 annual accounts show equity of €13,102 and a net result of €12,102. Its solvency ranks better than 23% of 36381 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability93
Solvency46
Growth-
Track record67
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.27; short-term debt: 70% and cash: 37.4% of total assets), and 78.7% of the assets are financed with debt.
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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 · 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 · 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 2024
Solvency, return and age of the figures
Solvency
21.3%
Return on assets
19.7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 36381 sector peers (2024).
NBB · sector comparison
Position among 36381 sector peers
Solvency
better than 23%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-08-2025, 4 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 · 1 filing
Deviation from the deadline
2024
4 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 4 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)
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 16 July 2024, HUNITECH was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€13,102
Total assets
€61,540
Net result
€12,102
Working capital
€11,614

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

Balance-sheet composition
Assets €61,540
Fixed assets €6,870
Current assets €54,671
Equity and liabilities €61,540
Equity €13,102
Debt €48,438
Debt finances 78.7% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€15,984
Cash flow
€12,805
Current ratio
1.27
Debt to equity
3.70
ROE
92.4%
ROA
19.7%
Interest coverage
3995.88
Debt ≤ 1 year
€43,057
Income taxes
€3,175

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.1% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.9%
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 7,976 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 · 2024 · 33 lines
Balance sheet Code2024
Assets
Total assets20/58€61,540
Fixed assets21/28€6,870
Tangible fixed assets22/27€6,870
Plant, machinery and equipment23€3,412
Furniture and vehicles24€3,457
Current assets29/58€54,671
Amounts receivable within one year40/41€31,625
Trade receivables40€24,763
Other amounts receivable41€6,862
Cash at bank and in hand54/58€23,046
Equity and liabilities
Total equity and liabilities10/49€61,540
Equity10/15€13,102
Contributions10/11€1,000
Profit (loss) carried forward14€12,102
Amounts payable17/49€48,438
Amounts payable within one year42/48€43,057
Trade debts44€29,648
Suppliers440/4€29,648
Taxes, remuneration and social security45€13,375
Taxes450/3€3,175
Remuneration and social security454/9€10,200
Other amounts payable47/48€35
Accrued charges and deferred income492/3€5,381
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€703
Gross operating margin9900€15,984
Operating profit (loss)9901€15,281
Financial charges65/66B€4
Recurring financial charges65€4
Profit (loss) for the period before taxes9903€15,277
Income taxes67/77€3,175
Profit (loss) for the period9904€12,102
Profit (loss) for the period to be appropriated9905€12,102
Appropriation of the result
Profit (loss) to be appropriated9906€12,102

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€703
Gross operating margin9900€15,984
Operating profit (loss)9901€15,281
Financial charges65/66B€4
Recurring financial charges65€4
Profit (loss) for the period before taxes9903€15,277
Income taxes67/77€3,175
Profit (loss) for the period9904€12,102
Profit (loss) for the period to be appropriated9905€12,102
Line2024
Assets
Total assets20/58€61,540
Fixed assets21/28€6,870
Tangible fixed assets22/27€6,870
Plant, machinery and equipment23€3,412
Furniture and vehicles24€3,457
Current assets29/58€54,671
Amounts receivable within one year40/41€31,625
Trade receivables40€24,763
Other amounts receivable41€6,862
Cash at bank and in hand54/58€23,046
Equity and liabilities
Total equity and liabilities10/49€61,540
Equity10/15€13,102
Contributions10/11€1,000
Profit (loss) carried forward14€12,102
Amounts payable17/49€48,438
Amounts payable within one year42/48€43,057
Trade debts44€29,648
Suppliers440/4€29,648
Taxes, remuneration and social security45€13,375
Taxes450/3€3,175
Remuneration and social security454/9€10,200
Other amounts payable47/48€35
Accrued charges and deferred income492/3€5,381
Line2024
Profit (loss) for the period9904€12,102
+ Depreciation and write-downs630€703
Operating cash flow (approximation)€12,805

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
04-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
NBB filing
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
2 acts for this company are 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, Machelen (Brab.) · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
649 m²
Building footprint
329 m²
Parcel 23015C0111/00W000, Flanders. Linked by address, not a title deed.
70 companies at this address See who is registered here
1 establishment unit
HUNITECH
Oude Haachtsesteenweg 59, 1831 Machelen (Brab.)General electrical installation work
since 20242.362.063.133
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23015C0111/00W000 Flanders 649 m² 1 · 329 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, comparable size

Of 22,829 companies in sector 43211 we hold annual accounts for 10,334. 6,249 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded16-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
Contact
E-mail hunitechinfo@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011628836
Registered 30-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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