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HYPEX

Dissolution or liquidation
Private limited company (pre-2019)founded 2011KBO/BCE: BE 0837.654.386
Summary

The KBO register records for HYPEX the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €62,185 and a net result of -€16,900.

HYPEXDissolution or liquidation

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Earlier reorganisation (closed)
Involved in a judicial reorganisation procedure in the past. No current open procedure.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 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
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
296 d late
2019
88 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 138 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

History

On 7 July 2011, HYPEX was incorporated.1 Total assets went from EUR 461,043 in 2018 to EUR 431,256 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021

Financials · fiscal year 2021, micro schema

Equity
€62,185▼ 21.4%
2020 · €79,086
Total assets
€431,256▲ 1.8%
2020 · €423,593
Net result
-€16,900
2020 · €10,660
Working capital
-€284,942
2020 · €1,271
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Operating result€27,078-€30,183▲ 11.5%€28,603▼ 5.2%-€362
Net result€7,016-€10,704▲ 52.6%€10,660▼ 0.4%-€16,900
Equity€57,722-€68,426▲ 18.5%€79,086▲ 15.6%€62,185▼ 21.4%
Total assets€461,043-€475,861▲ 3.2%€423,593▼ 11.0%€431,256▲ 1.8%
Debt€403,321-€407,435▲ 1.0%€344,507▼ 15.4%€369,070▲ 7.1%
Working capital€12,300-€6,437▼ 47.7%€1,271▼ 80.3%-€284,942
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2018: €27,078€27,078Net result 2018: €7,016€7,016Operating result 2019: €30,183€30,183Net result 2019: €10,704€10,704Operating result 2020: €28,603€28,603Net result 2020: €10,660€10,660Operating result 2021: -€362-€362Net result 2021: -€16,900-€16,9002018201920202021-€20,000€0€20,000€40,000Operating result 2019: €30,183€30,200Net result 2019: €10,704€10,700Operating result 2020: €28,603€28,600Net result 2020: €10,660€10,700Operating result 2021: -€362-€362Net result 2021: -€16,900-€16,900201920202021
The operating result turns negative in 2021: a loss of €362 after €28,603 in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €431,256
Fixed assets €353,627 ▼ 3.7%
Current assets €77,628 ▲ 38.0%
Equity and liabilities €431,256
Equity €62,185 ▼ 21.4%
Debt €369,070 ▲ 7.1%
Debt's share of the balance-sheet total rises from 81.3% to 85.6%. Equity is lower and debt is higher.
Key figures and ratios
2021 value · change against 2020
EBITDA
€14,305▼
2020 · €42,709
Cash flow
-€2,234▼
2020 · €24,765
Current ratio
0.21▼
2020 · 1.02
Quick ratio
0.21▼
2020 · 1.01
Debt to equity
5.93▲
2020 · 4.36
ROE
-27.2%▼
2020 · 13.5%
ROA
-3.9%▼
2020 · 2.5%
Interest coverage
0.95▼
2020 · 2.84
Debt ≤ 1 year
€362,570▲
2020 · €54,964
Income taxes
€1,442▼
2020 · €2,914
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 58 lines
Balance sheet Code20202021
Assets
Total assets20/58€423,593€431,256▲
Fixed assets21/28€367,358€353,627▼
Tangible fixed assets22/27€364,448€350,717▼
Land and buildings22€156,364€150,909▼
Plant, machinery and equipment23€5,217€3,859▼
Furniture and vehicles24-€657
Other tangible fixed assets26€202,867€195,292▼
Financial fixed assets28€2,910€2,910=
Current assets29/58€56,236€77,628▲
Amounts receivable after more than one year29€35,000€35,000=
Other amounts receivable291€35,000€35,000=
Stocks and contracts in progress3€835€700▼
Stocks30/36€835€700▼
Amounts receivable within one year40/41€17,241€41,005▲
Trade receivables40€12,227€35,259▲
Other amounts receivable41€5,013€5,746▲
Cash at bank and in hand54/58€1,728€96▼
Deferred charges and accrued income490/1€1,432€827▼
Equity and liabilities
Total equity and liabilities10/49€423,593€431,256▲
Equity10/15€79,086€62,185▼
Contributions10/11€9,200€9,200=
Outside capital11€9,200€9,200=
Other1109/19€9,200€9,200=
Reserves13€31,860€31,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€30,000€30,000=
Profit (loss) carried forward14€38,026€21,125▼
Amounts payable17/49€344,507€369,070▲
Amounts payable after more than one year17€289,543-
Financial debts170/4€289,543-
Amounts payable within one year42/48€54,964€362,570▲
Current portion of amounts payable after more than one year42€24,573€288,484▲
Financial debts43-€8,552
Credit institutions430/8-€8,552
Trade debts44€12,955€29,359▲
Suppliers440/4€12,955€29,359▲
Advances received on contracts in progress46€12,950€25,186▲
Taxes, remuneration and social security45€2,587€9,089▲
Taxes450/3€2,587€9,089▲
Other amounts payable47/48€1,900€1,900=
Accrued charges and deferred income492/3-€6,500
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,106€14,667▲
Other operating charges640/8€4,628€5,129▲
Gross operating margin9900€47,337€19,433▼
Operating profit (loss)9901€28,603-€362▼
Financial income75/76B€2€0▼
Recurring financial income75€2€0▼
Financial charges65/66B€15,032€15,096▲
Recurring financial charges65€15,032€15,096▲
Profit (loss) for the period before taxes9903€13,574-€15,458▼
Income taxes67/77€2,914€1,442▼
Profit (loss) for the period9904€10,660-€16,900▼
Profit (loss) for the period to be appropriated9905€10,660-€16,900▼
Appropriation of the result
Profit (loss) to be appropriated9906€48,026€21,125▼
Profit (loss) brought forward from the previous period14P€37,366€38,026▲
Transfer to equity691/2€10,000-
To other reserves6921€10,000-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,124€13,596€14,106€14,667▲ 4.0%
Other operating charges640/8--€4,628€5,129▲ 10.8%
Gross operating margin9900€48,249€47,850€47,337€19,433▼ 58.9%
Operating profit (loss)9901€27,078€30,183€28,603-€362▼ 101%
Financial income75/76B--€2€0▼ 87.2%
Recurring financial income75€4€11€2€0▼ 87.2%
Financial charges65/66B--€15,032€15,096▲ 0.4%
Recurring financial charges65€16,891€15,565€15,032€15,096▲ 0.4%
Profit (loss) for the period before taxes9903€10,190€14,629€13,574-€15,458▼ 214%
Income taxes67/77€3,174€3,925€2,914€1,442▼ 50.5%
Profit (loss) for the period9904€7,016€10,704€10,660-€16,900▼ 259%
Profit (loss) for the period to be appropriated9905€7,016€10,704€10,660-€16,900▼ 259%
Line2018201920202021Change
Assets
Total assets20/58€461,043€475,861€423,593€431,256▲ 1.8%
Fixed assets21/28€386,829€377,163€367,358€353,627▼ 3.7%
Tangible fixed assets22/27€383,919€374,253€364,448€350,717▼ 3.8%
Land and buildings22--€156,364€150,909▼ 3.5%
Plant, machinery and equipment23--€5,217€3,859▼ 26.0%
Furniture and vehicles24---€657-
Other tangible fixed assets26--€202,867€195,292▼ 3.7%
Financial fixed assets28€2,910€2,910€2,910€2,910=
Current assets29/58€74,214€98,698€56,236€77,628▲ 38.0%
Amounts receivable after more than one year29--€35,000€35,000=
Other amounts receivable291--€35,000€35,000=
Stocks and contracts in progress3€3,186€4,518€835€700▼ 16.2%
Stocks30/36--€835€700▼ 16.2%
Amounts receivable within one year40/41€21,288€57,003€17,241€41,005▲ 138%
Trade receivables40--€12,227€35,259▲ 188%
Other amounts receivable41--€5,013€5,746▲ 14.6%
Cash at bank and in hand54/58€13,598€1,114€1,728€96▼ 94.4%
Deferred charges and accrued income490/1--€1,432€827▼ 42.2%
Equity and liabilities
Total equity and liabilities10/49€461,043€475,861€423,593€431,256▲ 1.8%
Equity10/15€57,722€68,426€79,086€62,185▼ 21.4%
Contributions10/11€9,200€9,200€9,200€9,200=
Outside capital11--€9,200€9,200=
Other1109/19--€9,200€9,200=
Reserves13€13,860€21,860€31,860€31,860=
Non-distributable reserves130/1--€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860=
Distributable reserves133--€30,000€30,000=
Profit (loss) carried forward14€34,662€37,366€38,026€21,125▼ 44.4%
Amounts payable17/49€403,321€407,435€344,507€369,070▲ 7.1%
Amounts payable after more than one year17€341,407€315,174€289,543--
Financial debts170/4--€289,543--
Amounts payable within one year42/48€61,914€92,261€54,964€362,570▲ 560%
Current portion of amounts payable after more than one year42--€24,573€288,484▲ 1,074%
Financial debts43---€8,552-
Credit institutions430/8---€8,552-
Trade debts44€20,064€21,551€12,955€29,359▲ 127%
Suppliers440/4--€12,955€29,359▲ 127%
Advances received on contracts in progress46--€12,950€25,186▲ 94.5%
Taxes, remuneration and social security45--€2,587€9,089▲ 251%
Taxes450/3--€2,587€9,089▲ 251%
Other amounts payable47/48--€1,900€1,900=
Accrued charges and deferred income492/3---€6,500-
Line2018201920202021Change
Profit (loss) for the period9904€7,016€10,704€10,660-€16,900▼ 259%
+ Depreciation and write-downs630€14,124€13,596€14,106€14,667▲ 4.0%
Operating cash flow (approximation)€21,140€24,300€24,765-€2,234▼ 109%
Investment in fixed assets (approximation)--€3,930-€4,300-€936▲ 78.2%
Change in cash--€12,484€614-€1,632▼ 366%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
24-01
Bankruptcy Judicial dissolution, liquidator appointed
Tribunal de l’entreprise francophone de Bruxelles · event 09-01-2025
2024
08-11
Bankruptcy Judicial dissolution and immediate closure
Tribunal de l’entreprise francophone de Bruxelles · event 31-10-2024
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
30-08
Judicial reorganisation Plan homologation
Tribunal de l’entreprise francophone de Bruxelles · event 24-08-2022
06-07
Judicial reorganisation Opening
Tribunal de l’entreprise francophone de Bruxelles · collective agreement · event 29-06-2022
23-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 296 days late
2021
31-12
Financial Weakest financial yearnet -€16,900
Net result drops to -€16,900, the lowest in the series.
2020
27-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial Highest result since 2018net €10,704 ▲52.6%
Operating result €30,183, net result €10,704, both a record.
25-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 56 days late
2018
24-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
2017
30-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
Show earlier events
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
31-10
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 92 days late
2014
25-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 25 days late
2013
25-07
NBB filing Annual accounts filed
fiscal year 2012 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Jette · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
129 m²
Building footprint
129 m²
Volume, LiDAR
1,356 m³
Parcel 21463D0283/00V057, Brussels · tallest building 13.2 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
HYPEX
Site preparation
since 20112.201.121.624
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21463D0283/00V057 Brussels 129 m² 1 · 129 m² 13.2 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded07-07-2011
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.