Summary
HYALINE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €196,954 and a net result of €29,089. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 80% of 1501 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
26 d late
2023
57 d late
2022
34 d early
2021
31 d early
2020
31 d late
2019
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
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. Usually files around 13 July (4 of the last 5 filed years within 44 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€196,954=
2024 · €196,954
Net result
€29,089
2024 · -€2,533
Total assets
€259,022▲ 22.8%
2024 · €211,014
Solvency
76.0%▼ 17.3pp
2024 · 93.3%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€19,016€127,413€68,335▼ 46.4%-€2,118€39,206
Net result-€21,346below the sector's middle half€91,988above the sector's middle half€49,138within the sector's middle half▼ 46.6%-€2,533below the sector's middle half€29,089within the sector's middle half
Equity€139,449within the sector's middle half▼ 13.3%€174,449within the sector's middle half▲ 25.1%€199,487within the sector's middle half▲ 14.4%€196,954within the sector's middle half▼ 1.3%€196,954within the sector's middle half=
Total assets€157,936within the sector's middle half▼ 23.9%€273,945within the sector's middle half▲ 73.5%€231,606within the sector's middle half▼ 15.5%€211,014within the sector's middle half▼ 8.9%€259,022below the sector's middle half▲ 22.8%
Debt€18,488▼ 60.6%€99,496▲ 438%€32,120▼ 67.7%€14,061▼ 56.2%€62,067▲ 341%
Working capital€125,965within the sector's middle half▼ 15.1%€154,039within the sector's middle half▲ 22.3%€185,979above the sector's middle half▲ 20.7%€161,898within the sector's middle half▼ 12.9%€175,897within the sector's middle half▲ 8.6%
Solvency88.3%above the sector's middle half▲ 10.9pp63.7%within the sector's middle half▼ 24.6pp86.1%above the sector's middle half▲ 22.5pp93.3%above the sector's middle half▲ 7.2pp76.0%above the sector's middle half▼ 17.3pp
Current ratio7.81above the sector's middle half▲ 3.652.55within the sector's middle half▼ 5.276.79above the sector's middle half▲ 4.2412.51above the sector's middle half▲ 5.723.83above the sector's middle half▼ 8.68
Return on assets (ROA)-13.5%below the sector's middle half▼ 13.7pp33.6%above the sector's middle half▲ 47.1pp21.2%above the sector's middle half▼ 12.4pp-1.2%below the sector's middle half▼ 22.4pp11.2%within the sector's middle half▲ 12.4pp
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €39,206 after a loss of €2,118 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €259,022
Fixed assets
€21,057 ▼ 39.9%
Current assets
€237,965 ▲ 35.2%
Equity and liabilities €259,022
Equity
€196,954 =
Debt
€62,067 ▲ 341%
Debt's share of the balance-sheet total rises from 6.7% to 24.0%. Debt is higher.
Key figures and ratios
ROE
14.8%▲
2024 · -1.3%
Debt ≤ 1 year
€62,067▲
2024 · €14,061
Income taxes
€15,131▲
2024 · €4,420
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,689 | €8,294 | €6,902 | €16,239 | €15,589 | ▼ 4.0% |
| Other operating charges640/8 | €1,665 | €1,202 | €1,349 | €1,527 | €3,832 | ▲ 151% |
| Gross operating margin9900 | -€13,661 | €136,910 | €76,585 | €15,648 | €58,627 | ▲ 275% |
| Operating profit (loss)9901 | -€19,016 | €127,413 | €68,335 | -€2,118 | €39,206 | ▲ 1,951% |
| Financial income75/76B | €0 | €3,087 | €3,648 | €4,332 | €5,397 | ▲ 24.6% |
| Recurring financial income75 | €0 | €3,087 | €3,648 | €4,332 | €5,397 | ▲ 24.6% |
| Financial charges65/66B | €1,219 | €936 | €719 | €326 | €383 | ▲ 17.4% |
| Recurring financial charges65 | €1,219 | €936 | €719 | €326 | €383 | ▲ 17.4% |
| Profit (loss) for the period before taxes9903 | -€20,234 | €129,564 | €71,263 | €1,888 | €44,219 | ▲ 2,243% |
| Income taxes67/77 | €1,111 | €37,576 | €22,126 | €4,420 | €15,131 | ▲ 242% |
| Profit (loss) for the period9904 | -€21,346 | €91,988 | €49,138 | -€2,533 | €29,089 | ▲ 1,248% |
| Profit (loss) for the period to be appropriated9905 | -€21,346 | €91,988 | €49,138 | -€2,533 | €29,089 | ▲ 1,248% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €157,936 | €273,945 | €231,606 | €211,014 | €259,022 | ▲ 22.8% |
| Fixed assets21/28 | €13,484 | €20,409 | €13,508 | €35,055 | €21,057 | ▼ 39.9% |
| Tangible fixed assets22/27 | €13,459 | €20,384 | €13,483 | €35,030 | €21,032 | ▼ 40.0% |
| Plant, machinery and equipment23 | €2,702 | €7,409 | €5,685 | €14,243 | €11,401 | ▼ 20.0% |
| Furniture and vehicles24 | €7,566 | €9,784 | €4,607 | €17,597 | €6,440 | ▼ 63.4% |
| Other tangible fixed assets26 | €3,191 | €3,191 | €3,191 | €3,191 | €3,191 | = |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €144,452 | €253,535 | €218,099 | €175,959 | €237,965 | ▲ 35.2% |
| Amounts receivable within one year40/41 | €63,748 | €119,849 | €73,222 | €74,096 | €96,821 | ▲ 30.7% |
| Trade receivables40 | €29,054 | €57,392 | €7,401 | €2,219 | - | - |
| Other amounts receivable41 | €34,695 | €62,457 | €65,821 | €71,877 | €96,821 | ▲ 34.7% |
| Cash at bank and in hand54/58 | €73,805 | €121,168 | €140,939 | €97,843 | €136,309 | ▲ 39.3% |
| Deferred charges and accrued income490/1 | €6,899 | €12,518 | €3,938 | €4,020 | €4,835 | ▲ 20.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €157,936 | €273,945 | €231,606 | €211,014 | €259,022 | ▲ 22.8% |
| Equity10/15 | €139,449 | €174,449 | €199,487 | €196,954 | €196,954 | = |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Other1109/19 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €102,460 | €137,460 | €162,460 | €162,460 | €162,460 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €100,600 | €135,600 | €160,600 | €160,600 | €160,600 | = |
| Profit (loss) carried forward14 | €18,389 | €18,389 | €18,427 | €15,894 | €15,894 | = |
| Amounts payable17/49 | €18,488 | €99,496 | €32,120 | €14,061 | €62,067 | ▲ 341% |
| Amounts payable within one year42/48 | €18,488 | €99,496 | €32,120 | €14,061 | €62,067 | ▲ 341% |
| Trade debts44 | €10,769 | €4,932 | €2,652 | €2,713 | €2,669 | ▼ 1.6% |
| Suppliers440/4 | €10,769 | €4,932 | €2,652 | €2,713 | €2,669 | ▼ 1.6% |
| Taxes, remuneration and social security45 | €7,719 | €37,576 | €5,368 | €11,348 | €30,311 | ▲ 167% |
| Taxes450/3 | €7,719 | €37,576 | €5,368 | €11,348 | €30,311 | ▲ 167% |
| Other amounts payable47/48 | - | €56,988 | €24,100 | - | €29,088 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,346 | €91,988 | €49,138 | -€2,533 | €29,089 | ▲ 1,248% |
| + Depreciation and write-downs630 | €3,689 | €8,294 | €6,902 | €16,239 | €15,589 | ▼ 4.0% |
| Operating cash flow (approximation) | -€17,657 | €100,283 | €56,039 | €13,706 | €44,678 | ▲ 226% |
| Investment in fixed assets (approximation) | - | -€15,220 | €0 | -€37,787 | -€1,591 | ▲ 95.8% |
| Change in cash | - | €47,364 | €19,770 | -€43,095 | €38,465 | ▲ 189% |
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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €29,089
Net result €29,089 after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 6.79
Current ratio from 2.55 to 6.79; short-term debt falls from €99,496 to €32,120.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €91,988
Net result €91,988 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €174,449 ▲25.1%
Equity rises from €139,449 to €174,449.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€21,346
Net result drops to -€21,346, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
Show earlier events
2019
31-12
Financial
Equity above €150,000Eq €180,501 ▲39%
2 profitable years in a row build equity to €180,501.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Pieters-Woluwe · 1 establishment unit since 2013
Ground area
422 m²
Building footprint
130 m²
Volume, LiDAR
1,497 m³
Parcel 21019A0113/00D008, Brussels · tallest building 15.5 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
HYALINE
since 20132.224.441.711
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0113/00D008 | Brussels | 422 m² | 1 · 130 m² | 15.5 m · 4 fl. |
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.
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Of 592 companies in sector 66300 we hold annual accounts for 366. 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
Founded28-11-2013
Fiscal year end31-12
Activities, NACEBEL 2025
66300Activities auxiliary to financial services and insurance activities
68322Real estate appraisal on a fee or contract basis
68321Property management for co-owned buildings (syndics)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0542547427
Also
9925:BE0542547427
Registered
11-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.