Turnover
≈ €220,000 estimated
The micro format states no turnover.
HYK
Lifetime
1 annual account with figurespeak €42,078 (2025)
€42,078
peak €28,205 (2025)
€28,205
peak €28,305 (2025)
€28,305
€80,136
Board1 name since 2024
1 director
Documentsfilings and deeds
16-02-2026108 days late
2025micro format
First year with figures
Key points
from the 2025 annual accountsDebts
€80,136 74% of the balance sheet
Suppliers 79%Taxes and wages 21%
Starting capital
€100 100 shares
2025 accounts filed 108 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,974 companies had the same profile as HYK has now. Each dot stands for 20 companies, two years later.
94.4%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,974 companies, not a prediction for HYK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1010228175
Incorporation
Founding capital of €100, 100 shares · Founder: (comparant) · Appointment: (director) · published on 13-06-2024 · Gazette deed
First establishment
Emanuel Hielstraat 39, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HYK Ghent | €108,441 | €42,078 | 26.1% | - |
| CLAUS BRYAN Maarkedal | €97,780 | €42,168 | 31.7% | - |
| Sani-Claes Kalmthout | €112,717 | €43,672 | 35.6% | - |
| Tibo Troonbeeckx Hulshout | €111,139 | €46,704 | 36.4% | - |
| Sanitair Luma Harelbeke | €100,745 | €49,619 | 33.2% | - |
| K2O Marche-en-Famenne | €104,070 | €49,793 | 36.4% | - |
| DBP CHAUFFAGE PLOMBERIE Berchem-Sainte-Agathe | €95,764 | €36,598 | 10.3% | - |
These companies have the same main activity as HYK: plumbing work (NACE 43221). They are comparable in size and age: total assets between €95,800 and €113,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 11-06-2024Normal situation
- Activity
- Plumbing workNACE 43221and 5 others
- Establishment unit
- 2.360.582.9919050 Ghent, since 11-06-2024
- Financial year end
- 31 March
- Peppol
- Reachable since 16-12-2025
Insights on HYK
The 2025 annual accounts show equity of €28,305 and a net result of €28,205. Its solvency ranks better than 28% of 35,156 sector peers (NACE 43, financial year 2025).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HYK
- What is the company number of HYK?
- The company number of HYK is 1010.228.175. The VAT number is the same number with BE in front: BE 1010.228.175.
- Where is HYK based?
- The registered office is at Emanuel Hielstraat 39, 9050 Ghent.Company details
- What does HYK do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of HYK?
- HYK is a private limited company (BV).
- When was HYK founded?
- HYK was founded on 11-06-2024.
- Is HYK still active?
- Yes, HYK is an active enterprise in the KBO register.
- What is the turnover of HYK?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €42,078 and 119 comparable companies (NACE 432). It probably lies between €150,000 and €300,000.Financials
- Is HYK profitable?
- In financial year 2025, HYK made a profit of €28,205.
- Where can I find the annual accounts of HYK?
- HYK filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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