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HYGEIA PROJECTS

Active
Private limited companyfounded 201312 yrs activeBefferdreef 15, 2820 Bonheiden, BelgiumKBO/BCE: BE 0541.894.260

HYGEIA PROJECTS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €15k and a net result of €24k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 9520 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
63 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability55▲+22
Solvency30▲+8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.65 against 0.41 in 2023; short-term debt: 19.5% and cash: 6.7% of total assets), and 95% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
5%
Return on assets
8.1%
Age of the figures
20 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
elevated failure risk from 2 to 8 years 12 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9520 sector peers (2024).
NBB · sector comparison
Position among 9520 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 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
not confirmed
2024
70 d late
2023
61 d late
2022
59 d late
2021
31 d late
2020
31 d late
2019
24 d early
← before the deadline after the 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 2024, micro schema

Equity
€15k
2023 · €-9k
2018: €-75k 2019: €19k 2020: €34k 2021: €17k 2022: €-11k 2023: €-9k
2018 → 2024
Total assets
€290k▼ 1.2%
2023 · €293k
2018: €114k 2019: €116k 2020: €72k 2021: €40k 2022: €283k 2023: €293k
2018 → 2024
Net result
€24k▲ 1,218%
2023 · €2k
2018: €45k 2019: €94k 2020: €15k 2021: €-18k 2022: €-27k 2023: €2k
2018 → 2024
Working capital
€-20k▲ 59.6%
2023 · €-48k
2018: €101k 2019: €65k 2020: €29k 2021: €11k 2022: €-67k 2023: €-48k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€34k-€17k▼ 51.9%€-11k€-9k▲ 16.6%€15k
Operating result€20k-€-17k€-24k▼ 42.2%€16k€38k▲ 134%
Net result€15k-€-18k€-27k▼ 53.3%€2k€24k▲ 1,218%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20k€40kOperating result 2020: €20k€20kNet result 2020: €15k€15kOperating result 2021: €-17k€-17kNet result 2021: €-18k€-18kOperating result 2022: €-24k€-24kNet result 2022: €-27k€-27kOperating result 2023: €16k€16kNet result 2023: €2k€2kOperating result 2024: €38k€38kNet result 2024: €24k€24k20202021202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 134% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €290k
Fixed assets €253k▼ 2.7%
Current assets €37k▲ 11.2%
Equity and liabilities €290k
Equity €15k
Debt €275k
Debt finances 95.0% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
EBITDA
€45k
2023 · €23k
Cash flow
€31k
2023 · €9k
Solvency
5.0%
2023 · -3.1%
Current ratio
0.65
2023 · 0.41
Quick ratio
0.65
2023 · 0.41
Debt / equity
18.84
2023 · -33.72
ROE
161.3%
ROA
8.1%
2023 · 0.6%
Interest coverage
3.08
2023 · 1.63
Debt
€275k
2023 · €302k
Debt ≤ 1 year
€56k
2023 · €81k
Debt > 1 year
€214k=
2023 · €214k
Income taxes
€43
2023 · €173
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€293k€290k
Fixed assets21/28€260k€253k
Tangible fixed assets22/27€260k€253k
Land and buildings22€259k€253k
Furniture and vehicles24€771€299
Financial fixed assets28€138€138=
Current assets29/58€33k€37k
Amounts receivable within one year40/41€16k€16k
Trade receivables40€16k€15k
Other amounts receivable41€100€913
Cash at bank and in hand54/58€16k€19k
Deferred charges and accrued income490/1€1k€1k
Equity and liabilities
Total equity and liabilities10/49€293k€290k
Equity10/15€-9k€15k
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-28k€-4k
Amounts payable17/49€302k€275k
Amounts payable after more than one year17€214k€214k=
Financial debts170/4€214k€214k=
Amounts payable within one year42/48€81k€56k
Trade debts44€3k€4k
Suppliers440/4€3k€4k
Taxes, remuneration and social security45€4k€216
Taxes450/3€4k€216
Other amounts payable47/48€75k€53k
Accrued charges and deferred income492/3€7k€5k
Income statement Code20232024
Non-recurring operating income76A€11k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k=
Other operating charges640/8€2k€2k
Gross operating margin9900€26k€47k
Operating profit (loss)9901€16k€38k
Financial income75/76B€4-
Recurring financial income75€4-
Financial charges65/66B€14k€15k
Recurring financial charges65€14k€15k
Profit (loss) for the period before taxes9903€2k€24k
Income taxes67/77€173€43
Profit (loss) for the period9904€2k€24k
Profit (loss) for the period to be appropriated9905€2k€24k
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-4k
Profit (loss) brought forward from the previous period14P€-29k€-28k

The notes to these accounts (9 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

2026
17-07
State Gazette act Incorporation · Founder
Corporate purpose · Member admission
2025
09-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
2024
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial Back to profitnet €2k
Net result €2k after 2 loss-making years.
28-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
07-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Highest result since 2018net €94k ▲109%
Operating result €106k, net result €94k, both a record.
09-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
21-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
26-06
State Gazette act Board meeting · Power of attorney
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Bonheiden · 1 establishment unit since 2013
establishment 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.

Befferdreef 152820 Bonheiden
Ground area
2.2 ha
Building footprint
2,084 m²
Volume, LiDAR
62,783 m³
2 parcels, Flanders · tallest building 45.7 m, ±14 floors. Linked by address, not a title deed.
1 establishment unit
Qualinmeds
Other business support services
since 20132.225.923.831
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12005D0251/00R000 Flanders 1.3 ha 1 · 353 m² 17.4 m · 2 fl.
23094D0111/00M002 Flanders 8,965 m² 1 · 1,730 m² 45.7 m · 14 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 24,497 companies in sector 82990 we hold annual accounts for 9,397. 5,235 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded15-11-2013
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
68201Renting and operating of own or leased residential real estate, excluding social housing
72109Other research and development on natural sciences
72200Scientific research and development
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.