HY-PRO
ActiveSummary
HY-PRO has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88k and a net result of €13k. Equity is growing by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 53% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+2
Solvency75▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 3.07 in 2024; short-term debt: 15.2% and cash: 13.4% of total assets), but 50.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
49.8%
Return on assets
7.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
27 d late
2023
43 d early
2022
21 d late
2021
12 d late
2020
30 d late
2019
24 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€88k▼ 1.0%
2024 · €89k
2018: €20klowest in 8 years
2019: €20k▲ +3.6% vs 2018
2020: €38k▲ +85.8% vs 2019
2021: €47k▲ +23.5% vs 2020
2022: €76k▲ +63.4% vs 2021
2023: €80k▲ +5.1% vs 2022
2024: €89k▲ +10.4% vs 2023highest in 8 years
2025: €88k▼ -1.0% vs 2024
2018 → 2025
Total assets
€176k▲ 4.0%
2024 · €170k
2018: €32klowest in 8 years
2019: €129k▲ +300% vs 2018
2020: €142k▲ +10.4% vs 2019
2021: €169k▲ +19.1% vs 2020
2022: €203k▲ +19.8% vs 2021highest in 8 years
2023: €176k▼ -13.1% vs 2022
2024: €170k▼ -3.7% vs 2023
2025: €176k▲ +4.0% vs 2024
2018 → 2025
Net result
€13k▲ 27.2%
2024 · €10k
2018: €2k
2019: €709▼ -70.5% vs 2018lowest in 8 years
2020: €21k▲ +2824% vs 2019
2021: €10k▼ -49.3% vs 2020
2022: €31k▲ +198% vs 2021highest in 8 years
2023: €6k▼ -82.4% vs 2022
2024: €10k▲ +81.4% vs 2023
2025: €13k▲ +27.2% vs 2024
2018 → 2025
Working capital
€17k▼ 56.0%
2024 · €39k
2018: €14k
2019: €10k▼ -28.9% vs 2018lowest in 8 years
2020: €21k▲ +113% vs 2019
2021: €17k▼ -20.3% vs 2020
2022: €28k▲ +64.2% vs 2021
2023: €31k▲ +11.4% vs 2022
2024: €39k▲ +26.1% vs 2023highest in 8 years
2025: €17k▼ -56.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€47k-€76k▲ 63.4%€80k▲ 5.1%€89k▲ 10.4%€88k▼ 1.0%
2021: €47klowest in 5 years
2022: €76k▲ +63.4% vs 2021
2023: €80k▲ +5.1% vs 2022
2024: €89k▲ +10.4% vs 2023highest in 5 years
2025: €88k▼ -1.0% vs 2024
Operating result€19k-€44k▲ 138%€11k▼ 75.9%€20k▲ 85.4%€21k▲ 5.7%
2021: €19k
2022: €44k▲ +138% vs 2021highest in 5 years
2023: €11k▼ -75.9% vs 2022lowest in 5 years
2024: €20k▲ +85.4% vs 2023
2025: €21k▲ +5.7% vs 2024
Net result€10k-€31k▲ 198%€6k▼ 82.4%€10k▲ 81.4%€13k▲ 27.2%
2021: €10k
2022: €31k▲ +198% vs 2021highest in 5 years
2023: €6k▼ -82.4% vs 2022lowest in 5 years
2024: €10k▲ +81.4% vs 2023
2025: €13k▲ +27.2% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €176k
Fixed assets
€132k ▲ 18.0%
Current assets
€44k ▼ 23.5%
Equity and liabilities €176k
Equity
€88k ▼ 1.0%
Debt
€88k ▲ 9.5%
Debt's share of the balance-sheet total rises from 47.6% to 50.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€34k▼
2024 · €36k
Cash flow
€26k▼
2024 · €27k
Current ratio
1.63▼
2024 · 3.07
Quick ratio
1.49▼
2024 · 2.86
Debt to equity
1.01▲
2024 · 0.91
ROE
14.5%▲
2024 · 11.3%
ROA
7.2%▲
2024 · 5.9%
Interest coverage
18.26▼
2024 · 20.18
Debt ≤ 1 year
€27k▲
2024 · €19k
Debt > 1 year
€62k▼
2024 · €62k
Income taxes
€6k▼
2024 · €8k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€170k€176k▲
Fixed assets21/28€112k€132k▲
Tangible fixed assets22/27€112k€132k▲
Land and buildings22€89k€91k▲
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€22k€39k▲
Current assets29/58€57k€44k▼
Stocks and contracts in progress3€4k€4k▼
Stocks30/36€4k€4k▼
Amounts receivable within one year40/41€26k€12k▼
Trade receivables40€16k€9k▼
Other amounts receivable41€10k€4k▼
Cash at bank and in hand54/58€24k€24k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€170k€176k▲
Equity10/15€89k€88k▼
Contributions10/11€12k€12k=
Reserves13€64k€71k▲
Distributable reserves133€64k€71k▲
Profit (loss) carried forward14€12k€5k▼
Amounts payable17/49€81k€88k▲
Amounts payable after more than one year17€62k€62k▼
Financial debts170/4€62k€62k▼
Amounts payable within one year42/48€19k€27k▲
Current portion of amounts payable after more than one year42€11k€11k▼
Trade debts44€6k€8k▲
Suppliers440/4€6k€8k▲
Advances received on contracts in progress46-€1k
Taxes, remuneration and social security45€6€688▲
Taxes450/3€6€688▲
Other amounts payable47/48€2k€6k▲
Income statement
Code20242025
Non-recurring operating income76A-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€13k▼
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A-€57
Gross operating margin9900€38k€36k▼
Operating profit (loss)9901€20k€21k▲
Financial income75/76B€19€0▼
Recurring financial income75€19€0▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€18k€19k▲
Income taxes67/77€8k€6k▼
Profit (loss) for the period9904€10k€13k▲
Profit (loss) for the period to be appropriated9905€10k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€25k▲
Profit (loss) brought forward from the previous period14P€14k€12k▼
Transfer from equity791/2-€5k
Transfer to equity691/2€10k€12k▲
To other reserves6921€10k€12k▲
Profit to be distributed694/7€2k€14k▲
Return on contributions (dividend)694€2k€14k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €7k | €7k | €0 | - | €6k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €12k | €16k | €17k | €13k | ▼ 19.3% |
| Other operating charges640/8 | €1k | €1k | €1k | €1k | €1k | ▲ 4.9% |
| Non-recurring operating charges66A | - | - | - | - | €57 | - |
| Gross operating margin9900 | €30k | €57k | €28k | €38k | €36k | ▼ 5.2% |
| Operating profit (loss)9901 | €19k | €44k | €11k | €20k | €21k | ▲ 5.7% |
| Financial income75/76B | €1 | €739 | €3 | €19 | €0 | ▼ 99.4% |
| Recurring financial income75 | €1 | €739 | €3 | €19 | €0 | ▼ 99.4% |
| Financial charges65/66B | €2k | €2k | €2k | €2k | €2k | ▲ 4.2% |
| Recurring financial charges65 | €2k | €2k | €2k | €2k | €2k | ▲ 4.2% |
| Profit (loss) for the period before taxes9903 | €16k | €43k | €9k | €18k | €19k | ▲ 5.8% |
| Income taxes67/77 | €6k | €12k | €3k | €8k | €6k | ▼ 21.2% |
| Profit (loss) for the period9904 | €10k | €31k | €6k | €10k | €13k | ▲ 27.2% |
| Profit (loss) for the period to be appropriated9905 | €10k | €31k | €6k | €10k | €13k | ▲ 27.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €169k | €203k | €176k | €170k | €176k | ▲ 4.0% |
| Fixed assets21/28 | €116k | €133k | €123k | €112k | €132k | ▲ 18.0% |
| Tangible fixed assets22/27 | €116k | €133k | €123k | €112k | €132k | ▲ 18.0% |
| Land and buildings22 | €91k | €88k | €86k | €89k | €91k | ▲ 2.2% |
| Plant, machinery and equipment23 | €3k | €5k | €3k | €1k | €2k | ▲ 51.3% |
| Furniture and vehicles24 | €22k | €40k | €33k | €22k | €39k | ▲ 80.8% |
| Current assets29/58 | €54k | €70k | €53k | €57k | €44k | ▼ 23.5% |
| Stocks and contracts in progress3 | €2k | €15k | €4k | €4k | €4k | ▼ 1.5% |
| Stocks30/36 | €2k | €15k | €4k | €4k | €4k | ▼ 1.5% |
| Amounts receivable within one year40/41 | €30k | €21k | €21k | €26k | €12k | ▼ 52.3% |
| Trade receivables40 | €24k | €9k | €6k | €16k | €9k | ▼ 45.1% |
| Other amounts receivable41 | €6k | €12k | €15k | €10k | €4k | ▼ 63.7% |
| Cash at bank and in hand54/58 | €20k | €34k | €27k | €24k | €24k | ▼ 3.5% |
| Deferred charges and accrued income490/1 | €1k | €164 | €2k | €3k | €4k | ▲ 33.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €169k | €203k | €176k | €170k | €176k | ▲ 4.0% |
| Equity10/15 | €47k | €76k | €80k | €89k | €88k | ▼ 1.0% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €22k | €49k | €54k | €64k | €71k | ▲ 10.9% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €20k | €48k | €54k | €64k | €71k | ▲ 10.9% |
| Profit (loss) carried forward14 | €13k | €15k | €14k | €12k | €5k | ▼ 63.1% |
| Amounts payable17/49 | €122k | €126k | €96k | €81k | €88k | ▲ 9.5% |
| Amounts payable after more than one year17 | €85k | €84k | €73k | €62k | €62k | ▼ 0.9% |
| Financial debts170/4 | €85k | €84k | €73k | €62k | €62k | ▼ 0.9% |
| Amounts payable within one year42/48 | €37k | €42k | €22k | €19k | €27k | ▲ 43.9% |
| Current portion of amounts payable after more than one year42 | €9k | €11k | €11k | €11k | €11k | ▼ 3.5% |
| Trade debts44 | €21k | €21k | €7k | €6k | €8k | ▲ 44.8% |
| Suppliers440/4 | €21k | €21k | €7k | €6k | €8k | ▲ 44.8% |
| Advances received on contracts in progress46 | €0 | €8k | €0 | - | €1k | - |
| Taxes, remuneration and social security45 | €1k | €0 | €44 | €6 | €688 | ▲ 10,563% |
| Taxes450/3 | €1k | €0 | €44 | €6 | €688 | ▲ 10,563% |
| Other amounts payable47/48 | €7k | €3k | €5k | €2k | €6k | ▲ 224% |
| Accrued charges and deferred income492/3 | €221 | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €31k | €6k | €10k | €13k | ▲ 27.2% |
| + Depreciation and write-downs630 | €10k | €12k | €16k | €17k | €13k | ▼ 19.3% |
| Operating cash flow (approximation) | €21k | €43k | €22k | €27k | €26k | ▼ 1.8% |
| Investment in fixed assets (approximation) | - | €-29k | €-6k | €-6k | €-34k | ▼ 468% |
| Change in cash | - | €13k | €-7k | €-2k | €-852 | ▲ 59.9% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
31-12
Financial
Highest result since 2018net €31k ▲198%
Operating result €44k, net result €31k, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial
Weakest financial yearnet €709 ▼70.5%
Net result drops to €709, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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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, Antwerpen · 2 establishment units since 2005
Ground area
1,577 m²
Building footprint
639 m²
Volume, LiDAR
3,865 m³
2 parcels, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
HY-PRO
since 20052.150.387.060
Vuurmolenstraat 26, 2610 Antwerpen
since 20192.300.186.734
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11019B0260/00G014 | Flanders | 1,085 m² | 1 · 409 m² | 11.1 m · 1 fl. |
| 11462A0329/00R002 | Flanders | 492 m² | 1 · 229 m² | 12.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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SIM TECH
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,809 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
Founded10-05-2005
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Scores and ratios are computed by Checked and are not a credit decision.