HYPERNET
InactiveOverview
Activity
Activity not known
Size
€19,788total assets 2025
- Equity
- -€119,663
- Loss
- -€23,952
Turnover not published (micro format)
Financial health
Inactive: no score
Structure
- Parent
- VIEW BUSINESS TRADING · 100%
2 of 5 deeds summarised
Signalsraises riskNegative equity2025 accounts filed 76 days lateShow the evidence
Signals
Two signals.
raises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€119,663
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2025
76 days late
2024
30 days late
2023
67 days late
2022
14 days late
2021
24 days late
2020
31 days early
2019
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 30 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- Restructuring · End & cessationMerger · Shareholding · Accounting…
- RestructuringDirector in office · Shareholding…
Financials · financial year 2025, micro format
2025 annual accounts filed late (76 days) Filed on 15 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00559151.
Equity
-€119,663▼ 25.0%
2024 · -€95,710
Total assets
€19,788▼ 42.3%
2024 · €34,304
Net result
-€23,952▼ 92.9%
2024 · -€12,419
Working capital
-€129,881▼ 16.5%
2024 · -€111,468
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €23,579 in 2025 against €12,110 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€23,579
2025
Net result-€23,952
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€19,788
2025
Equity-€119,663
2025
Debt€139,451
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€129,881
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€4,283-€5,382▲ 25.7%-€1,929-€44,354▼ 2,199%-€45,619▼ 2.9%-€12,110▲ 73.5%-€23,579▼ 94.7%
Net result€2,521-€3,589▲ 42.4%-€3,825-€44,686▼ 1,068%-€45,891▼ 2.7%-€12,419▲ 72.9%-€23,952▼ 92.9%
Equity€7,521-€11,110▲ 47.7%€7,285▼ 34.4%-€37,400-€83,291▼ 123%-€95,710▼ 14.9%-€119,663▼ 25.0%
Total assets€44,811-€33,980▼ 24.2%€23,589▼ 30.6%€20,714▼ 12.2%€17,917▼ 13.5%€34,304▲ 91.5%€19,788▼ 42.3%
Debt€37,290-€22,870▼ 38.7%€16,303▼ 28.7%€58,115▲ 256%€101,207▲ 74.2%€130,014▲ 28.5%€139,451▲ 7.3%
Working capital-€7,573--€4,784▲ 36.8%-€2,275▲ 52.5%-€44,578▼ 1,860%-€92,920▼ 108%-€111,468▼ 20.0%-€129,881▼ 16.5%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19,788
Fixed assets
€10,218 ▼ 35.2%
Current assets
€9,570 ▼ 48.4%
Equity and liabilities
Equity-€119,663
Debt€139,451
Equity is negative: debt (€139,451) exceeds the balance-sheet total (€19,788).
Key figures and ratios
EBITDA
-€11,960▼
2024 · €767
Cash flow
-€12,333▼
2024 · €458
Solvency
-604.7%▼
2024 · -279.0%
Current ratio
0.07▼
2024 · 0.14
ROA
-121.0%▼
2024 · -36.2%
Interest coverage
-32.05▼
2024 · 2.48
Debt ≤ 1 year
€139,451▲
2024 · €130,014
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,614 | €7,891 | €7,040 | €6,432 | €6,128 | €12,877 | €11,619 | ▼ 9.8% |
| Other operating charges640/8 | - | - | €1,725 | €1,290 | €1,382 | €2,001 | €9,011 | ▲ 350% |
| Gross operating margin9900 | €15,322 | €15,447 | €6,836 | -€36,631 | -€38,109 | €2,768 | -€2,949 | - |
| Operating profit (loss)9901 | €4,283 | €5,382 | -€1,929 | -€44,354 | -€45,619 | -€12,110 | -€23,579 | ▼ 94.7% |
| Financial income75/76B | - | - | - | €38 | - | - | - | - |
| Recurring financial income75 | €1 | €4 | - | €38 | - | - | - | - |
| Financial charges65/66B | - | - | €1,958 | €370 | €271 | €309 | €373 | ▲ 20.7% |
| Recurring financial charges65 | €1,061 | €879 | €1,958 | €370 | €271 | €309 | €373 | ▲ 20.7% |
| Profit (loss) for the period before taxes9903 | €3,223 | €4,507 | -€3,887 | -€44,686 | -€45,891 | -€12,419 | -€23,952 | ▼ 92.9% |
| Income taxes67/77 | €702 | €918 | -€62 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | €2,521 | €3,589 | -€3,825 | -€44,686 | -€45,891 | -€12,419 | -€23,952 | ▼ 92.9% |
| Profit (loss) for the period to be appropriated9905 | €2,521 | €3,589 | -€3,825 | -€44,686 | -€45,891 | -€12,419 | -€23,952 | ▼ 92.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €44,811 | €33,980 | €23,589 | €20,714 | €17,917 | €34,304 | €19,788 | ▼ 42.3% |
| Fixed assets21/28 | €24,534 | €18,299 | €12,360 | €7,178 | €9,629 | €15,757 | €10,218 | ▼ 35.2% |
| Tangible fixed assets22/27 | €24,534 | €18,299 | €12,360 | €7,178 | €9,629 | €15,757 | €10,218 | ▼ 35.2% |
| Plant, machinery and equipment23 | - | - | €10,000 | €6,176 | €9,434 | €15,757 | €10,218 | ▼ 35.2% |
| Furniture and vehicles24 | - | - | €2,360 | €1,002 | €195 | - | - | - |
| Current assets29/58 | €20,277 | €15,681 | €11,229 | €13,537 | €8,288 | €18,546 | €9,570 | ▼ 48.4% |
| Stocks and contracts in progress3 | €492 | €161 | €145 | - | - | - | - | - |
| Stocks30/36 | - | - | €145 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €5,193 | €6,372 | €6,015 | €9,027 | €2,003 | €9,549 | €1,949 | ▼ 79.6% |
| Trade receivables40 | - | - | €4,368 | - | - | €7,600 | - | - |
| Other amounts receivable41 | - | - | €1,647 | €9,027 | €2,003 | €1,949 | €1,949 | = |
| Cash at bank and in hand54/58 | €14,465 | €9,147 | €4,893 | €4,510 | €6,285 | €8,997 | €7,621 | ▼ 15.3% |
| Deferred charges and accrued income490/1 | - | - | €176 | - | - | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €44,811 | €33,980 | €23,589 | €20,714 | €17,917 | €34,304 | €19,788 | ▼ 42.3% |
| Equity10/15 | €7,521 | €11,110 | €7,285 | -€37,400 | -€83,291 | -€95,710 | -€119,663 | ▼ 25.0% |
| Contributions10/11 | - | - | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €2,521 | €6,110 | €2,285 | -€42,400 | -€88,291 | -€100,710 | -€124,663 | ▼ 23.8% |
| Amounts payable17/49 | €37,290 | €22,870 | €16,303 | €58,115 | €101,207 | €130,014 | €139,451 | ▲ 7.3% |
| Amounts payable after more than one year17 | €9,439 | €2,405 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €27,851 | €20,465 | €13,503 | €58,115 | €101,207 | €130,014 | €139,451 | ▲ 7.3% |
| Current portion of amounts payable after more than one year42 | - | - | €2,371 | - | - | - | - | - |
| Trade debts44 | €4,437 | €7,367 | €4,839 | €22,651 | €12,912 | - | €13,276 | - |
| Suppliers440/4 | - | - | €4,839 | €22,651 | €12,912 | - | €13,276 | - |
| Taxes, remuneration and social security45 | - | - | €2,736 | - | - | €13 | €1,572 | ▲ 117× |
| Taxes450/3 | - | - | €2,736 | - | - | €13 | €1,572 | ▲ 117× |
| Other amounts payable47/48 | - | - | €3,559 | €35,464 | €88,295 | €130,000 | €124,603 | ▼ 4.2% |
| Accrued charges and deferred income492/3 | - | - | €2,800 | - | - | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,521 | €3,589 | -€3,825 | -€44,686 | -€45,891 | -€12,419 | -€23,952 | ▼ 92.9% |
| + Depreciation and write-downs630 | €7,614 | €7,891 | €7,040 | €6,432 | €6,128 | €12,877 | €11,619 | ▼ 9.8% |
| Operating cash flow (approximation) | €10,135 | €11,480 | €3,214 | -€38,254 | -€39,762 | €458 | -€12,333 | - |
| Investment in fixed assets (approximation) | - | -€1,657 | -€1,100 | -€1,250 | -€8,579 | -€19,006 | -€6,080 | ▲ 68.0% |
| Change in cash | - | -€5,318 | -€4,255 | -€383 | €1,775 | €2,713 | -€1,376 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 15-10-2026 | 2026-00559151 |
| 31-12-2024 | micro format | 30-08-2025 | 2025-00447315 |
| 31-12-2023 | micro format | 06-10-2024 | 2024-00495139 |
| 31-12-2022 | micro format | 14-08-2023 | 2023-00334588 |
| 31-12-2021 | micro format | 24-08-2022 | 2022-20318836 |
| 31-12-2020 | micro format | 30-06-2021 | 2021-27600085 |
| 31-12-2019 | micro format | 28-08-2020 | 2020-46600013 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 2 of 5 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Owners
1 ownerChain of control
- VIEW BUSINESS TRADING
- HYPERNET
Highest known parent: VIEW BUSINESS TRADING. The sources do not say who stands above it.
Owners 1
- VIEW BUSINESS TRADINGparent100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 10-06-2026 ↗
- VIEW BUSINESS TRADING (BE 0563.928.997) all shares
Stated in the act
act of 14-01-2026 ↗
- VIEW BUSINESS TRADING (BE 0563.928.997) all shares · 100%
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 14-01-2026 Capital stated in the deed · €5,000 · 100 shares
Group and network
Connections & network
The network starts from this company’s shareholders. What else they own or run appears here as nodes.
This company
Company
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Shareholding
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Acquisitions and mergers
1 transactionTaken over by:VIEW BUSINESS TRADING
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
15-10
NBB filing
Annual accounts filed
financial year 2025 · micro format · 76 days late
10-06
Gazette deed
Restructuring · End & cessationMerger · Shareholding · Accounting effect13 facts ▸
Gazette deed
Restructuring · End & cessation
Merger · Shareholding · Accounting effect13 facts ▸
- General meeting, 24-03-2026
- Other provision, “constatation du respect des formalités légales de fusion-ratification du projet de fusion, article 12:50” (deed in French)
- Other provision, “cadre légal de l'opération, articles 12:50 à 12:58” (deed in French)
- Other provision, “adhésion et validité de l'assemblée, none” (deed in French)
- Merger, “transfert par suite de dissolution sans liquidation, projet de fusion” (deed in French)
- Shareholding, VIEW BUSINESS TRADING
- Accounting effect, “2025-10-01T00:00:00” (deed in French)
- Transfer of a branch of activity or universality, “universality, à titre universel” (deed in French)
- Real estate
- Dissolution, “vote par l'assemblée générale de la société absorbante conformément aux articles 12:13 et 12:14, application article 12:13,al.1er,1°” (deed in French)
- Share cancellation, “article 12:57” (deed in French)
- Other provision, “organe d'administration:démission-décharge”, 01-10-2025 (deed in French)
- +1 further fact in this act
14-01
Gazette deed
RestructuringDirector in office · Shareholding · Merger23 facts ▸
Gazette deed
Restructuring
Director in office · Shareholding · Merger23 facts ▸
- General meeting, 30-09-2025
- Director in office, Vincent KARAYENZI (permanent representative)
- Shareholding, 30-09-2025
- Merger, “fusion par absorption, patrimoine, rien excepté ni réservé” (deed in French)
- Incorporation, 08-10-2014
- Capital, €18,600
- Shareholding, 30-09-2025, 60
- Shareholding, 30-09-2025, 40
- Name clause, VIEW BUSINESS TRADING
- Capital, €5,000
- Shareholding, 30-09-2025, 100 (2 times)
- Capital, €62,469.17
- +11 further facts in this act
2025
30-08
NBB filing
Annual accounts filed
financial year 2024 · micro format · 30 days late
2024
06-10
NBB filing
Annual accounts filed
financial year 2023 · micro format · 67 days late
2023
31-12
Financial
Weakest financial yearnet -€45,891
Net result drops to -€45,891, the lowest in the series.
14-08
NBB filing
Annual accounts filed
financial year 2022 · micro format · 14 days late
2022
24-08
NBB filing
Annual accounts filed
financial year 2021 · micro format · 24 days late
2021
30-06
NBB filing
Annual accounts filed
financial year 2020 · micro format
2020
31-12
Financial
Highest result from 2019 to 2025net €3,589 ▲42.4%
Operating result €5,382, net result €3,589, both a record.
28-08
NBB filing
Annual accounts filed
financial year 2019 · micro format · 28 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 5 deeds read
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Articles of association
- Other provisionsOther rules from the articles that fall under none of the themes above.
- Accounting effect: “01-10-2025” (deed in French)
Read from the deeds: 1 provision, deed of 14-01-2026