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HYARMENDACIL

Active
Public limited companyfounded 1991active for 35 yearsNerviërsstraat 32A, 1730 Asse, BelgiumKBO/BCE: BE 0444.108.857
Summary

HYARMENDACIL has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of €1.3m. Equity is shrinking by about 4.2% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
“Het aankopen en verkopen, verwerven en vervreemden, (laten) bouwen en verbouwen, huren en verhuren…” (deed in Dutch)
From the articles, 5 activitiesNo NACE code in the KBO yet1 site
Size
€2.4mtotal assets 2025
Equity
€1.9m
Profit
€1.3m
Turnover not published (abbreviated or micro format)Equity +157%: branch of activity transferred
Financial health
70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Structure
Board
4 members
Holdings
2
Accounts filed 30 days late4 of 8 deeds read
Why 70raises riskLiquidity: current ratio 123.92, cash €48, halved1 change of registered office in 24 monthsLatest accounts 30 days late; 1 of the last 3 latelowers riskSize: total assets €2.4mShow the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 80% of its sector peers (no NACE code, small)
Financial strength · tick = 2024
Strong
Solvency 100+56
equity 78.2% of total assets
Liquidity 50+40
short-term debt 0.8% · cash 0.0%
Profitability 100+83
return on assets 56.4%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 10.1%highest value 12-2024: 10.1%● unchanged vs 11-2024highest value 01-2025: 2.5%▼ -7.6 percentage points vs 12-2024 02-2025: 2.5%● unchanged vs 01-2025 03-2025: 2.6%▲ +0.1 percentage points vs 02-2025 04-2025: 2.6%● unchanged vs 03-2025 05-2025: 2.5%▼ -0.1 percentage points vs 04-2025 06-2025: 2.4%▼ -0.1 percentage points vs 05-2025 07-2025: 2.7%▲ +0.3 percentage points vs 06-2025 08-2025: 3.2%▲ +0.5 percentage points vs 07-2025 09-2025: 0.8%▼ -2.4 percentage points vs 08-2025lowest value 10-2025: 0.8%● unchanged vs 09-2025lowest value 11-2025: 1.5%▲ +0.7 percentage points vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.5%● unchanged vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.6%▲ +0.1 percentage points vs 03-2026 05-2026: 1.8%▲ +0.2 percentage points vs 04-2026 06-2026: 2.0%▲ +0.2 percentage points vs 05-2026 07-2026: 2.0%● unchanged vs 06-2026 08-2026: 2.6%▲ +0.6 percentage points vs 07-2026 09-2026: 0.9%▼ -1.7 percentage points vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026
Credit of up to €130,000 on 30-day terms is acceptable
short-term debt: 0.8% and cash: 0% of total assets, and 21.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, small): better than 82% on solvency, 42% on liquidity, 98% on profitability and 96% on growth.

The bankruptcy probability was computed on 20-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 123.92, cash €48, halved
NBB · annual accounts
lowers risk · Size: total assets €2.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Latest accounts 30 days late; 1 of the last 3 late
NBB · filings
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.9m
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
30 days late
2024
29 days late
2023
126 days late
2022
492 days late
2021
78 days late
2020
27 days late
2019
101 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 126 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 October (4 of the last 5 filed years within 49 days of that day).
Companies Code · seven months
Where today falls in the filing period
21-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignations: DE VUYST - VAN ELSUE…Appointment: VENKOVER BV (director) ·…
  3. Back to profitnet €1.3m

Key points

  • Positive: Back in profit in 2025after -€60,154 in 2024 €1.3m View
  • New directorslatest change 17-12-2025 · 4 in office 3 joined View
  • Branch transferred to DE VUYST - VAN ELSUE…contribution on 17-12-2025 2025 View
  • Heads a groupcompanies controlled 3 View

By topic

Financials

Financial year
2025
Total assets
€2.4m
Profit
€1.3m
Solvency
78.2%
Total assets▼ 37.2%
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
  • VenkoverDirector
  • DE VUYST - VAN ELSUEDirector
  • De Vuyst, LievenManaging director
  • Van Elsué, FilipManaging director
Go to Board & ownership

Network & group

Subsidiaries
3
Holdings
2
Connected companies
4
Mergers and asset contributions
1

3 subsidiaries

Go to Network & group

Timeline

Events
44
Since
1992
Next accounts
by 31-07-2027
  1. 31-12-2025Liquidity times 2231
  2. 31-12-2025Equity above €1m
  3. 17-12-2025Capital & shares · Restructuring
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
11-04-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
39
Purpose
“Het aankopen en verkopen, verwerven en vervreemden, (laten) bouwen en verbouwen, huren en…” (deed in Dutch)
Go to Articles of association

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