HYPERFOX
ActiveSummary
The annual accounts of HYPERFOX for fiscal year 2025 show a net loss of 195% of total assets and of 171% of the equity at the start of that year. The 2025 annual accounts show equity of €416k and a net result of €-1.41M. Equity is growing by ~93.9% per year across the filed fiscal years. Its solvency ranks better than 48% of 17090 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency82▲+3
Growth52=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 4.71 against 5.51 in 2024; short-term debt: 20.8% and cash: 59% of total assets), and 42.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
57.4%
Return on assets
-194.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year €-1.41M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
28 d early
2024
21 d early
2023
5 d early
← 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€416k▼ 49.7%
2024 · €827k
2023: €-475klowest in 3 years
2024: €827k▲ +274% vs 2023highest in 3 years
2025: €416k▼ -49.7% vs 2024
2023 → 2025
Total assets
€725k▼ 52.6%
2024 · €1.53M
2023: €696klowest in 3 years
2024: €1.53M▲ +120% vs 2023highest in 3 years
2025: €725k▼ -52.6% vs 2024
2023 → 2025
Net result
€-1.41M▼ 84.6%
2024 · €-764k
2023: €-477khighest in 3 years
2024: €-764k▼ -60.2% vs 2023
2025: €-1.41M▼ -84.6% vs 2024lowest in 3 years
2023 → 2025
Working capital
€558k▼ 55.1%
2024 · €1.24M
2023: €527klowest in 3 years
2024: €1.24M▲ +136% vs 2023highest in 3 years
2025: €558k▼ -55.1% vs 2024
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-475k-€827k€416k▼ 49.7%
2023: €-475klowest in 3 years
2024: €827k▲ +274% vs 2023highest in 3 years
2025: €416k▼ -49.7% vs 2024
Operating result€-456k-€-717k▼ 57.1%€-1.41M▼ 96.7%
2023: €-456khighest in 3 years
2024: €-717k▼ -57.1% vs 2023
2025: €-1.41M▼ -96.7% vs 2024lowest in 3 years
Net result€-477k-€-764k▼ 60.2%€-1.41M▼ 84.6%
2023: €-477khighest in 3 years
2024: €-764k▼ -60.2% vs 2023
2025: €-1.41M▼ -84.6% vs 2024lowest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.41M in 2025 against €717k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €725k
Fixed assets
€16k ▲ 72.0%
Current assets
€709k ▼ 53.3%
Equity and liabilities €725k
Equity
€416k ▼ 49.7%
Debt
€308k ▼ 56.0%
Debt's share of the balance-sheet total falls from 45.9% to 42.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-1.40M▼
2024 · €-710k
Cash flow
€-1.40M▼
2024 · €-758k
Current ratio
4.71▼
2024 · 5.51
Debt to equity
0.74▼
2024 · 0.85
ROE
-339.1%▼
2024 · -92.5%
ROA
-194.8%▼
2024 · -50.0%
Interest coverage
-522.26▼
2024 · -13.75
Debt ≤ 1 year
€151k▼
2024 · €276k
Debt > 1 year
€0▼
2024 · €169k
Income taxes
€194▲
2024 · €2
Staff costs
€208k▲
2024 · €110k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.53M€725k▼
Fixed assets21/28€9k€16k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€9k€15k▲
Plant, machinery and equipment23-€2k
Furniture and vehicles24€9k€13k▲
Financial fixed assets28-€740
Current assets29/58€1.52M€709k▼
Amounts receivable within one year40/41€421k€266k▼
Trade receivables40€124k€160k▲
Other amounts receivable41€297k€106k▼
Cash at bank and in hand54/58€1.09M€428k▼
Deferred charges and accrued income490/1€5k€16k▲
Equity and liabilities
Total equity and liabilities10/49€1.53M€725k▼
Equity10/15€827k€416k▼
Contributions10/11€2.07M€3.07M▲
Profit (loss) carried forward14€-1.24M€-2.65M▼
Amounts payable17/49€701k€308k▼
Amounts payable after more than one year17€169k€0▼
Financial debts170/4€169k€0▼
Amounts payable within one year42/48€276k€151k▼
Financial debts43€3€21▲
Credit institutions430/8€3€21▲
Trade debts44€262k€130k▼
Suppliers440/4€262k€130k▼
Taxes, remuneration and social security45€13k€20k▲
Taxes450/3-€1k
Remuneration and social security454/9€13k€19k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€257k€158k▼
Income statement
Code20242025
Remuneration, social security and pensions62€110k€208k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€1k€3k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€-600k€-1.19M▼
Operating profit (loss)9901€-717k€-1.41M▼
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Financial charges65/66B€52k€3k▼
Recurring financial charges65€52k€3k▼
Profit (loss) for the period before taxes9903€-764k€-1.41M▼
Income taxes67/77€2€194▲
Profit (loss) for the period9904€-764k€-1.41M▼
Profit (loss) for the period to be appropriated9905€-764k€-1.41M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.24M€-2.65M▼
Profit (loss) brought forward from the previous period14P€-477k€-1.24M▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €61k | €110k | €208k | ▲ 90.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €7k | €6k | ▼ 4.0% |
| Other operating charges640/8 | - | €1k | €3k | ▲ 185% |
| Non-recurring operating charges66A | €23k | €0 | - | - |
| Gross operating margin9900 | €-367k | €-600k | €-1.19M | ▼ 98.8% |
| Operating profit (loss)9901 | €-456k | €-717k | €-1.41M | ▼ 96.7% |
| Financial income75/76B | €4 | €4k | €2k | ▼ 60.2% |
| Recurring financial income75 | €4 | €4k | €2k | ▼ 60.2% |
| Financial charges65/66B | €21k | €52k | €3k | ▼ 94.8% |
| Recurring financial charges65 | €21k | €52k | €3k | ▼ 94.8% |
| Profit (loss) for the period before taxes9903 | €-477k | €-764k | €-1.41M | ▼ 84.6% |
| Income taxes67/77 | - | €2 | €194 | ▲ 9,921% |
| Profit (loss) for the period9904 | €-477k | €-764k | €-1.41M | ▼ 84.6% |
| Profit (loss) for the period to be appropriated9905 | €-477k | €-764k | €-1.41M | ▼ 84.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €696k | €1.53M | €725k | ▼ 52.6% |
| Fixed assets21/28 | €7k | €9k | €16k | ▲ 72.0% |
| Intangible fixed assets21 | €6k | €0 | - | - |
| Tangible fixed assets22/27 | €1k | €9k | €15k | ▲ 63.8% |
| Plant, machinery and equipment23 | - | - | €2k | - |
| Furniture and vehicles24 | €1k | €9k | €13k | ▲ 45.3% |
| Financial fixed assets28 | - | - | €740 | - |
| Current assets29/58 | €688k | €1.52M | €709k | ▼ 53.3% |
| Amounts receivable within one year40/41 | €487k | €421k | €266k | ▼ 36.9% |
| Trade receivables40 | €410k | €124k | €160k | ▲ 29.1% |
| Other amounts receivable41 | €77k | €297k | €106k | ▼ 64.5% |
| Cash at bank and in hand54/58 | €198k | €1.09M | €428k | ▼ 60.9% |
| Deferred charges and accrued income490/1 | €3k | €5k | €16k | ▲ 235% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €696k | €1.53M | €725k | ▼ 52.6% |
| Equity10/15 | €-475k | €827k | €416k | ▼ 49.7% |
| Contributions10/11 | €3k | €2.07M | €3.07M | ▲ 48.4% |
| Profit (loss) carried forward14 | €-477k | €-1.24M | €-2.65M | ▼ 114% |
| Amounts payable17/49 | €1.17M | €701k | €308k | ▼ 56.0% |
| Amounts payable after more than one year17 | €680k | €169k | €0 | ▼ 100% |
| Financial debts170/4 | €680k | €169k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €162k | €276k | €151k | ▼ 45.3% |
| Financial debts43 | - | €3 | €21 | ▲ 504% |
| Credit institutions430/8 | - | €3 | €21 | ▲ 504% |
| Trade debts44 | €144k | €262k | €130k | ▼ 50.2% |
| Suppliers440/4 | €144k | €262k | €130k | ▼ 50.2% |
| Taxes, remuneration and social security45 | €7k | €13k | €20k | ▲ 50.9% |
| Taxes450/3 | - | - | €1k | - |
| Remuneration and social security454/9 | €7k | €13k | €19k | ▲ 40.8% |
| Other amounts payable47/48 | €10k | €0 | - | - |
| Accrued charges and deferred income492/3 | €328k | €257k | €158k | ▼ 38.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-477k | €-764k | €-1.41M | ▼ 84.6% |
| + Depreciation and write-downs630 | €6k | €7k | €6k | ▼ 4.0% |
| Operating cash flow (approximation) | €-471k | €-758k | €-1.40M | ▼ 85.4% |
| Investment in fixed assets (approximation) | - | €-8k | €-13k | ▼ 53.8% |
| Change in cash | - | €895k | €-665k | ▼ 174% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-09
State Gazette act
General meeting · Share classStatutes amendment · Capital · Registered-office move7 facts ▸
State Gazette act
General meeting · Share class
Statutes amendment · Capital · Registered-office move7 facts ▸
- General meeting, buitengewone algemene vergadering
- Share class, Preferente Seed Extension Aandelen, creation
- Statutes amendment
- Capital
- Board meeting, 15-09-2026
- Registered-office move, Kempische Steenweg 303 bus 200, 3500 Hasselt, België
- Capital increase, €696.540
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-1.41M
Net result drops to €-1.41M, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €500kEq €827k
Equity rises from €-475k to €827k.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2023
Ground area
5,180 m²
Building footprint
1,499 m²
Volume, LiDAR
25,659 m³
2 parcels, Flanders · tallest building 21.5 m, ±5 floors. Linked by address, not a title deed.
20
companies at this address
See who is registered here
1 establishment unit
HYPERFOX
since 20232.341.299.787
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322A0540/00B002 | Flanders | 3,380 m² | - | - |
| 71322A0540/00E002 | Flanders | 1,801 m² | 1 · 1,499 m² | 21.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Articles of association
Who signs
“Artikel 14. Vertegenwoordigingsbevoegdheid Het bestuursorgaan vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Niettegenstaande de algemene vertegenwoordigingsbevoegdheid van Het bestuursorgaan, en onverminderd de bevoegdheden van de gedelegeerd bestuurder…”
Full text
Artikel 14. Vertegenwoordigingsbevoegdheid Het bestuursorgaan vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Niettegenstaande de algemene vertegenwoordigingsbevoegdheid van Het bestuursorgaan, en onverminderd de bevoegdheden van de gedelegeerd bestuurder (CEO), wordt de vennootschap geldig vertegenwoordigd door twee bestuurders die gezamenlijk optreden. De vennootschap is bovendien, binnen het kader van hun mandaat, geldig verbonden door bijzondere gevolmachtigden.
Annual meeting
First Friday of June at 18:00
Duration
Unlimited
Purpose
62 010: Ontwerpen van computerprogramma’s; 62 020: Computerconsultancy-activiteiten
Full purpose (2 activities)
- 62 010: Ontwerpen van computerprogramma’s
- 62 020: Computerconsultancy-activiteiten
Other provisions of the articles (20)
- Name clause: HYPERFOX
- Registered office clause: Vlaamse Gewest
- Board rule: 5, 3
- Board rule: meest uitgebreide macht om alle handelingen te verrichten die nodig of dienstig zijn voor het bereiken van het voorwerp van de vennootschap, bestuursbevoegdheid
- Other statement: dagelijks bestuur, CEO (gedelegeerd bestuurder)
- Auditor rule: wanneer het door de wet vereist is en binnen de wettelijke grenzen, 3
- Other statement: schriftelijke algemene vergadering, besluiten die bij authentieke akte moeten worden verleden
- Other statement: elektronische algemene vergaderingen, kan het intern reglement voorwaarden stellen aan het gebruik van het elektronisch communicatiemiddel
- Other statement (7)
- Profit allocation: algemene vergadering, bestuursorgaan
- Other statement: commissaris beoordeelt de staat in vennootschappen met commissaris, laatste goedgekeurde jaarrekening of recentere staat van activa en passiva
- Other statement: bestuursorgaan, commissaris beoordeelt historische en prospectieve gegevens; vermeldt in jaarlijks controleverslag
- Liquidation rule: ontbinding van de vennootschap, indien geen andere vereffenaar benoemd
- Liquidation distribution: tenzij anders bepaald in de statuten, goederen in natura verdeeld op dezelfde wijze
Public money · subsidies and aid
Flemish government
2023 to 2025 · 10 entries · 689,819 EUR awarded · 282,375 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 5 | 350,000 EUR | 192,500 EUR |
| 2024 | 3 | 281,819 EUR | 68,875 EUR |
| 2023 | 2 | 58,000 EUR | 21,000 EUR |
Schemes
Subsidie 'Schaalklaar'
Ontwikkelingsproject
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 5,745 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.