HYBRID K
The computed 12-month bankruptcy probability of HYBRID K is 1.3% (low). The 2023 annual accounts show negative equity (€-244k) and a net result of €4k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 136 sector peers (fiscal year 2023). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-244k |
| Net result | €4k |
| Better than sector | 5% |
| Active | 21 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -160.6% | 25.2% | |
| Net result | €4k | €19k | |
| Equity | €-244k | €120k | |
| Gross operating margin | €11k | €151k | |
| Total assets | €152k | €698k |
Show 8 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €11k |
| Net profit | €4k |
| Cash flow | €9k |
| Staff costs | - |
| Income taxes | €1k |
| Dividends | - |
| Total assets | €152k |
| Equity | €-244k |
| Debt | €396k |
| of which ≤ 1y | €396k |
| of which > 1y | - |
| Working capital | €-320k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.19 |
| Quick ratio | 0.16 |
| Working capital ratio | -210.9% |
| Solvency | -160.6% |
| Debt / equity | -1.62 |
| Long-term debt ratio | - |
| Interest coverage | 66.74 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.5% |
| ROE | -1.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €152k |
| Fixed assets | 21/28 | €76k |
| Tangible fixed assets | 22/27 | €76k |
| Current assets | 29/58 | €76k |
| Stocks & contracts in progress | 3 | €12k |
| Amounts receivable within one year | 40/41 | €30k |
| Cash & bank | 54/58 | €34k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €152k |
| Equity | 10/15 | €-244k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €-265k |
| Amounts payable | 17/49 | €396k |
| Amounts payable within one year | 42/48 | €396k |
| Trade debts payable within one year | 44 | €11k |
| Income statement | ||
| Gross operating margin | 9900 | €11k |
| Operating result | 9901 | €5k |
| Financial income | 75 | €5 |
| Financial charges | 65 | €163 |
| Result before taxes | 9903 | €5k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €4k |
| Result to be appropriated | 9905 | €4k |
| NACE primary | Verhuur en lease van vaat- en glaswerk, keuken- en tafelgerei, elektrische huishoudapparaten en andere huishoudelijke benodigdheden(77223) |
| Legal form | Private limited company(610) |
| Incorporation | 27-05-2005 |
| Status | Active |
| Postal code | 2650 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11013A0050/00H002 | Flanders | 1,102 m² | 1 · 279 m² | 6.4 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
| Legal nameNL | HYBRID K |