HUYGHE ENGINEERING
ActiveSummary
HUYGHE ENGINEERING has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77k and a net result of €58k. Equity is growing by ~38.5% per year across the filed fiscal years. Its solvency ranks better than 75% of 3480 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+5
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 4.49 against 3.79 in 2024; short-term debt: 19% and cash: 46.4% of total assets), and 24.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75.1%
Return on assets
56.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 01-12-2025, 150 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
150 d early
2024
153 d early
2023
166 d early
2022
41 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€77k▼ 35.0%
2024 · €119k
2022: €31k
2023: €76k
2024: €119k
2022 → 2025
Total assets
€103k▼ 39.1%
2024 · €169k
2022: €78k
2023: €118k
2024: €169k
2022 → 2025
Net result
€58k▼ 20.4%
2024 · €73k
2022: €29k
2023: €45k
2024: €73k
2022 → 2025
Working capital
€68k▼ 36.2%
2024 · €107k
2022: €24k
2023: €63k
2024: €107k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€31k-€76k▲ 146%€119k▲ 57.2%€77k▼ 35.0%
Operating result€37k-€57k▲ 53.9%€92k▲ 62.3%€74k▼ 19.9%
Net result€29k-€45k▲ 54.6%€73k▲ 63.2%€58k▼ 20.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103k
Fixed assets
€15k ▼ 36.5%
Current assets
€88k ▼ 39.5%
Equity and liabilities €103k
Equity
€77k ▼ 35.0%
Debt
€26k ▼ 48.8%
Debt's share of the balance-sheet total falls from 29.6% to 24.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€83k▼
2024 · €101k
Cash flow
€67k▼
2024 · €82k
Current ratio
4.49▲
2024 · 3.79
Debt to equity
0.33▼
2024 · 0.42
ROE
75.5%▲
2024 · 61.6%
ROA
56.7%▲
2024 · 43.4%
Interest coverage
370.72▲
2024 · 333.58
Debt ≤ 1 year
€20k▼
2024 · €38k
Debt > 1 year
€5k▼
2024 · €12k
Income taxes
€16k▼
2024 · €19k
Staff costs
€2k=
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€169k€103k▼
Fixed assets21/28€24k€15k▼
Tangible fixed assets22/27€24k€15k▼
Furniture and vehicles24€24k€15k▼
Current assets29/58€145k€88k▼
Amounts receivable within one year40/41€36k€39k▲
Trade receivables40€15k€18k▲
Other amounts receivable41€21k€21k=
Cash at bank and in hand54/58€108k€48k▼
Deferred charges and accrued income490/1€1k€976▼
Equity and liabilities
Total equity and liabilities10/49€169k€103k▼
Equity10/15€119k€77k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€116k€75k▼
Amounts payable17/49€50k€26k▼
Amounts payable after more than one year17€12k€5k▼
Financial debts170/4€12k€5k▼
Amounts payable within one year42/48€38k€20k▼
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€28k€10k▼
Taxes450/3€26k€8k▼
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€723€723=
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Remuneration, social security and pensions62€2k€2k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€457€322▼
Gross operating margin9900€104k€85k▼
Operating profit (loss)9901€92k€74k▼
Financial income75/76B€516€516▲
Recurring financial income75€516€516▲
Financial charges65/66B€303€223▼
Recurring financial charges65€303€223▼
Profit (loss) for the period before taxes9903€93k€74k▼
Income taxes67/77€19k€16k▼
Profit (loss) for the period9904€73k€58k▼
Profit (loss) for the period to be appropriated9905€73k€58k▼
Appropriation of the result
Profit (loss) to be appropriated9906€146k€175k▲
Profit (loss) brought forward from the previous period14P€73k€116k▲
Profit to be distributed694/7€30k€100k▲
Return on contributions (dividend)694€30k€100k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
01-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-09
Financial
Highest result since 2022net €73k ▲63.2%
Operating result €92k, net result €73k, both a record.
30-09
Financial
Equity above €100kEq €119k ▲57.2%
3 profitable years in a row build equity to €119k.
2023
16-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Destelbergen · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rendekensstraat(HEU) 9A9070 DestelbergenGround area
848 m²
Building footprint
185 m²
Volume, LiDAR
1,090 m³
2 parcels, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rendekensstraat(HEU) 9, 9070 Destelbergen
since 20222.329.073.433
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44028A0566/00N003 | Flanders | 424 m² | 1 · 93 m² | 6.5 m · 2 fl. |
| 44028A0566/00M003 | Flanders | 424 m² | 1 · 91 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 105 EUR awarded · 105 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 105 EUR | 105 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,567 companies in sector 74999 we hold annual accounts for 1,938. 1,562 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-02-2022
Fiscal year end30-09
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.