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HYE N.V.

Active
Public limited companyfounded 1968active for 58 yearsKrijgsbaan 372, 2070 Beveren-Kruibeke-Zwijndrecht, Belgium32 active companies are registered at this addressKBO/BCE: BE 0404.646.287

From the official registers: KBO 47 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

HYE N.V. has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.3m and a net result of €1.3m. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 24% of 379 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow ReportCompare
HYE N.V.ActiveChecked score 81/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active Normal situation
Legal form
Public limited company
Registered office
Krijgsbaan 372, 2070 Beveren-Kruibeke-Zwijndrecht
Activity
Civil engineering NACE 42919
Establishment unit
2.003.513.026 2070 Beveren-Kruibeke-Zwijndrecht, since 01-07-1941
Financial year end
30 September
Peppol
Reachable since 22-07-2025
Company details

Who decides

Board
  • D2D Invest BVManaging director · permanent representative Kurt Vernimmen
  • H20 Invest NVDirector · since 28-03-2025 · permanent representative Kris Van den Houte
  • Majo Invest BVDirector · since 28-03-2025 · permanent representative Joris Van de Water
  • Structomasss BVDirector · since 28-03-2025 · permanent representative Tom T'Joens
Auditor
BV VYVEY EN CO BEDRIJFSREVISOREN
Shareholders
Holdings
Shares in 1 company ARGEX
Board & ownership

How it is doing

81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts to 30-09-2025
Turnover
€40.9m
▼ 34.4%
Profit
€1.3m
▼ 42.0%
Equity
€9.3m
▲ 16.6%
Total assets
€38.9m
▼ 15.3%
Staff
112.4 FTE
▼ 6.6%
2025 accounts 8 days early
Filed on 22-04-2026PDF
Financials
Why 81raises risk1 change of registered office in 24 monthsEquity €9.3m (24.0% of total assets)Sector: Civil engineering (NACE 42)lowers riskSize: turnover €40.9m, 112.4 FTE, total assets €38.9mShow the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 28% of its sector peers (NACE 42, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 49+7
equity 24.0% of total assets
Liquidity 18-2
short-term debt 75.9% · cash 7.0%
Profitability 63-1
return on assets 3.4%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (105 companies, NACE 42, medium-sized)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%▼ -0.1 percentage points vs 04-2025lowest value 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.4%▲ +0.2 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.3%▼ -0.1 percentage points vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.4%▲ +0.1 percentage points vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 0.4%▼ -0.1 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €750,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.84, compared with 0.84 in 2024, below 1; short-term debt: 75.9% and cash: 7% of total assets), and 76% 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 (NACE 42, medium-sized): better than 28% on solvency, 13% on liquidity, 34% on profitability and 37% on growth.

The bankruptcy probability was computed on 31-10-2026 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
lowers risk · Size: turnover €40.9m, 112.4 FTE, total assets €38.9m
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 · Equity €9.3m (24.0% of total assets)
NBB · annual accounts
raises risk · Sector: Civil engineering (NACE 42)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 379 sector peers (2025).
NBB · sector comparison
Position among 379 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 22-04-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 days early
2024
21 days early
2023
18 days early
2022
9 days early
2021
11 days early
2020
11 days early
2019
8 days early
← 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 12 days before the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 19 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Positive: 9th largest employer in Beveren-Kruibeke-Zwijndrecht, Construction sectorin the Checked rankings No. 9 View
  • Caution: Turnover fell in 2025from €62.4m to €40.9m ▼ 34.4% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €1.3m 7 years View
  • Flemish supportawarded from 2022 to 2025 €60,407 View

Documents

Annual accounts at the NBB

All 47 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about HYE N.V.

What is the company number of HYE N.V.?
0404.646.287. In Belgium the VAT number is the company number with BE in front: BE 0404.646.287.
Where is HYE N.V. based?
The registered office is at Krijgsbaan 372, 2070 Beveren-Kruibeke-Zwijndrecht.Company details
What does HYE N.V. do?
According to the KBO register, the main activity is civil engineering (NACE 42919).
What is the legal form of HYE N.V.?
Public limited company (NV).
When was HYE N.V. founded?
On 01-01-1968.
Is HYE N.V. still active?
Yes, HYE N.V. is an active enterprise in the KBO register.
How many employees does HYE N.V. have?
On average 112.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of HYE N.V.?
€40.9m in financial year 2025, according to the filed annual accounts.
Is HYE N.V. profitable?
In financial year 2025, HYE N.V. made a profit of €1.3m.
Where can I find the annual accounts of HYE N.V.?
HYE N.V. filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of HYE N.V. due?
By 30-04-2027, for financial year 2026.Timeline

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