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HYCS

Active
Private limited companyfounded 201411 yrs activeBorrestraat 10A, 9890 Gavere, BelgiumKBO/BCE: BE 0506.796.096
Summary

HYCS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €290k and a net result of €67k. Equity is growing by ~23.9% per year across the filed fiscal years. Its solvency ranks better than 29% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
73 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+1
Solvency57▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity short (current ratio 0.48 against 0.66 in 2024; short-term debt: 11.1% and cash: 1.6% of total assets), and 68.1% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
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 2025
Solvency, return and age of the figures
Solvency
31.9%
Return on assets
7.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 11 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 filings
Deviation from the deadline
2025
27 d late
2024
31 d early
2023
41 d early
2022
31 d late
2021
31 d late
2020
26 d late
2019
67 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 months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€290k▲ 8.3%
2024 · €267k
2018: €82k 2019: €84k 2020: €90k 2021: €134k 2022: €172k 2023: €219k 2024: €267k
2018 → 2025
Total assets
€908k▲ 27.1%
2024 · €714k
2018: €833k 2019: €794k 2020: €727k 2021: €724k 2022: €734k 2023: €743k 2024: €714k
2018 → 2025
Net result
€67k▲ 40.8%
2024 · €48k
2018: €32k 2019: €33k 2020: €36k 2021: €55k 2022: €54k 2023: €45k 2024: €48k
2018 → 2025
Working capital
€-52k▼ 178%
2024 · €-19k
2018: €4k 2019: €-42k 2020: €-40k 2021: €-18k 2022: €-42k 2023: €-46k 2024: €-19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€134k-€172k▲ 28.3%€219k▲ 27.8%€267k▲ 21.8%€290k▲ 8.3%
Operating result€84k-€78k▼ 7.9%€73k▼ 6.1%€70k▼ 4.0%€104k▲ 48.4%
Net result€55k-€54k▼ 3.3%€45k▼ 15.0%€48k▲ 5.1%€67k▲ 40.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €84k€84kNet result 2021: €55k€55kOperating result 2022: €78k€78kNet result 2022: €54k€54kOperating result 2023: €73k€73kNet result 2023: €45k€45kOperating result 2024: €70k€70kNet result 2024: €48k€48kOperating result 2025: €104k€104kNet result 2025: €67k€67k20212022202320242025€0€50k€100kOperating result 2023: €73k€73kNet result 2023: €45k€45kOperating result 2024: €70k€70kNet result 2024: €48k€48kOperating result 2025: €104k€104kNet result 2025: €67k€67k202320242025
The operating result recovers in 2025; 2025 is 48% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €908k
Fixed assets €859k ▲ 26.8%
Current assets €49k ▲ 32.0%
Equity and liabilities €908k
Equity €290k ▲ 8.3%
Debt €618k ▲ 38.3%
Debt's share of the balance-sheet total rises from 62.6% to 68.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€142k
2024 · €95k
Cash flow
€105k
2024 · €73k
Current ratio
0.48
2024 · 0.66
Debt to equity
2.14
2024 · 1.67
ROE
23.2%
2024 · 17.9%
ROA
7.4%
2024 · 6.7%
Interest coverage
12.69
2024 · 11.15
Debt ≤ 1 year
€101k
2024 · €56k
Debt > 1 year
€517k
2024 · €391k
Income taxes
€26k
2024 · €14k
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 · 56 lines
Balance sheet Code20242025
Assets
Total assets20/58€714k€908k
Fixed assets21/28€677k€859k
Tangible fixed assets22/27€677k€859k
Land and buildings22€187k€216k
Plant, machinery and equipment23€2k€4k
Furniture and vehicles24€13k€80k
Other tangible fixed assets26€476k€559k
Current assets29/58€37k€49k
Amounts receivable within one year40/41€25k€32k
Trade receivables40€22k€23k
Other amounts receivable41€3k€9k
Cash at bank and in hand54/58€10k€14k
Deferred charges and accrued income490/1€2k€3k
Equity and liabilities
Total equity and liabilities10/49€714k€908k
Equity10/15€267k€290k
Contributions10/11€19k€19k=
Revaluation surpluses12€22k€22k=
Reserves13€226k€249k
Tax-exempt reserves132€7k€7k=
Distributable reserves133€219k€242k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€447k€618k
Amounts payable after more than one year17€391k€517k
Financial debts170/4€387k€499k
Other amounts payable178/9€4k€18k
Amounts payable within one year42/48€56k€101k
Current portion of amounts payable after more than one year42€47k€71k
Financial debts43-€7k
Credit institutions430/8-€7k
Trade debts44€2k€3k
Suppliers440/4€2k€3k
Taxes, remuneration and social security45€7k€21k
Taxes450/3€7k€21k
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€132€214
Income statement Code20242025
Non-recurring operating income76A-€14
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€38k
Other operating charges640/8€2k€2k
Non-recurring operating charges66A€400€945
Gross operating margin9900€97k€145k
Operating profit (loss)9901€70k€104k
Financial income75/76B€241€262
Recurring financial income75€241€262
Financial charges65/66B€9k€11k
Recurring financial charges65€9k€11k
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€62k€93k
Income taxes67/77€14k€26k
Profit (loss) for the period9904€48k€67k
Profit (loss) for the period to be appropriated9905€48k€67k
Appropriation of the result
Profit (loss) to be appropriated9906€48k€67k
Transfer from equity791/2-€45k
Transfer to equity691/2€48k€67k
To other reserves6921€48k€67k
Profit to be distributed694/7€0€45k
Return on contributions (dividend)694€0€45k

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial Highest result since 2018net €67k ▲40.8%
Operating result €104k, net result €67k, both a record.
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
20-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €200kEq €219k ▲27.8%
6 profitable years in a row build equity to €219k.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Equity above €150kEq €172k ▲28.3%
5 profitable years in a row build equity to €172k.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial Equity above €100kEq €134k ▲48.5%
4 profitable years in a row build equity to €134k.
26-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
06-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
07-07
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.

Directors · office · real estate

Directors
3 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, Gavere · 1 establishment unit since 2015
establishment approximate The establishment unit on the map
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.

Borrestraat 10A9890 Gavere
Ground area
1,922 m²
Building footprint
211 m²
Volume, LiDAR
465 m³
2 parcels, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HYCS
Borrestraat 10, 9890 GavereIT consultancy
since 20152.238.786.526
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44060A0588/00H002 Flanders 1,278 m² 1 · 118 m² 0.1 m
44060A0588/00B002 Flanders 644 m² 1 · 93 m² 6.2 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.

Similar companies · same sector, comparable size

Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 13,828 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
Founded12-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
43120Site preparation
62900Other information technology and computer services
64210Activities of holding companies
70200Business and other management consultancy
73300Public relations and communication consultancy
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.