Hypotenusa
ActiveHypotenusa has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €2k. Equity is shrinking by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 91% of 27386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
91
/ 100
Excellent▼ -9 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▼-37
Solvency100=
Growth22▼-1
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 7.6 against 5.87 in 2024), and 13.1% 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 risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86.9%
Return on assets
6.7%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-10-2025, 207 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
207 d early
2024
159 d early
2023
208 d early
2022
187 d early
2021
32 d early
2020
333 d late
2019
147 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€35k▼ 22.2%
2024 · €45k
2018: €80k
2019: €73k
2020: €120k
2021: €45k
2022: €57k
2023: €35k
2024: €45k
2018 → 2025
EBIT margin
17.3%▼ 5.1pp
2024 · 22.4%
2018: 15.4%
2019: 5.5%
2020: 12.7%
2021: 28.4%
2022: 18.9%
2023: 36.1%
2024: 22.4%
2018 → 2025
Net result
€2k▼ 70.1%
2024 · €6k
2018: €9k
2019: €530
2020: €13k
2021: €7k
2022: €5k
2023: €9k
2024: €6k
2018 → 2025
Working capital
€23k▼ 25.9%
2024 · €31k
2018: €31k
2019: €25k
2020: €36k
2021: €26k
2022: €28k
2023: €30k
2024: €31k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€45k-€57k▲ 26.1%€35k▼ 38.3%€45k▲ 28.6%€35k▼ 22.2%
Equity€28k-€28k▲ 0.2%€30k▲ 5.3%€31k▲ 3.1%€23k▼ 25.9%
Operating result€13k-€11k▼ 16.0%€13k▲ 18.0%€10k▼ 20.2%€6k▼ 39.9%
Net result€7k-€5k▼ 25.9%€9k▲ 77.7%€6k▼ 34.3%€2k▼ 70.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 40% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26k
Fixed assets
€25=
Current assets
€26k▼ 29.2%
Equity and liabilities €26k
Equity
€23k▼ 25.9%
Debt
€3k▼ 45.4%
The debt ratio falls from 17.0% to 13.1%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€6k▼
2024 · €10k
Cash flow
€2k▼
2024 · €6k
Solvency
86.9%▲
2024 · 83.0%
Current ratio
7.60▲
2024 · 5.87
Quick ratio
7.60▲
2024 · 5.87
Debt / equity
0.15▼
2024 · 0.21
ROE
7.7%▼
2024 · 19.2%
ROA
6.7%▼
2024 · 15.9%
Interest coverage
15.46▼
2024 · 23.06
Debt
€3k▼
2024 · €6k
Debt ≤ 1 year
€3k▼
2024 · €6k
Income taxes
€4k▲
2024 · €4k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€37k€26k▼
Fixed assets21/28€25€25=
Tangible fixed assets22/27€0€0=
Furniture and vehicles24€0€0=
Financial fixed assets28€25€25=
Current assets29/58€37k€26k▼
Amounts receivable within one year40/41€36k€26k▼
Trade receivables40€36k€26k▼
Other amounts receivable41-€671
Cash at bank and in hand54/58€1k€154▼
Equity and liabilities
Total equity and liabilities10/49€37k€26k▼
Equity10/15€31k€23k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€10k€4k▼
Non-distributable reserves130/1€2k€0▼
Legal reserve130€2k€0▼
Tax-exempt reserves132€5k€0▼
Distributable reserves133€2k€4k▲
Profit (loss) carried forward14€3k€137▼
Amounts payable17/49€6k€3k▼
Amounts payable within one year42/48€6k€3k▼
Current portion of amounts payable after more than one year42€1k€1k▲
Trade debts44€1k€0▼
Suppliers440/4€1k€0▼
Taxes, remuneration and social security45€4k€0▼
Taxes450/3€4k€0▼
Remuneration and social security454/9€0€0=
Other amounts payable47/48€0€2k▲
Income statement
Code20242025
Turnover70€45k€35k▼
Goods, raw materials, services and sundry goods60/61€35k€29k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€0=
Other operating charges640/8€591€599▲
Gross operating margin9900€11k€7k▼
Operating profit (loss)9901€10k€6k▼
Financial charges65/66B€438€392▼
Recurring financial charges65€438€392▼
Profit (loss) for the period before taxes9903€10k€6k▼
Income taxes67/77€4k€4k▲
Profit (loss) for the period9904€6k€2k▼
Transfer from tax-exempt reserves789-€5k
Profit (loss) for the period to be appropriated9905€6k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€10k▲
Profit (loss) brought forward from the previous period14P€3k€3k▲
Transfer from equity791/2-€2k
Transfer to equity691/2€900€2k▲
To other reserves6921€900€2k▲
Profit to be distributed694/7€5k€10k▲
Return on contributions (dividend)694€5k€10k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
05-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
22-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 333 days late
2020
30-09
Financial
Highest result since 2018net €13k ▲2333%
Operating result €15k, net result €13k, both a record.
2019
05-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
30-09
Financial
Weakest financial yearnet €530 ▼94.1%
Net result drops to €530, the lowest in the series; recovery starts the following year.
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-06-2025
Edyta Lupinska: Resigned as Director
01-01-2023
Astrid Zwaenepoel: Resigned as Director
13-07-2022
ZWAENEPOEL Astrid Yvonne Christiane: Resigned as Manager
30-06-2020
Johanna Hendrickx: Resigned as Manager
15-01-2014
JALON Eric Suzarine Roger: Resigned as Manager
Location & real-estate footprint
Registered office, Brasschaat · 1 establishment unit since 2011
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.
Kenislei 212930 BrasschaatGround area
569 m²
Building footprint
180 m²
Volume, LiDAR
1,185 m³
Parcel 11323F0362/00R006, Flanders · tallest building 12.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hypotenusa
since 20112.201.855.557
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11323F0362/00R006 | Flanders | 569 m² | 1 · 180 m² | 12.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
4 connected companiesNetwork connections
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 1,995 EUR awarded · 1,425 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 1,425 EUR |
| 2024 | 1 | 1,995 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 6,991 companies in sector 43221 we hold annual accounts for 3,445. 2,523 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-08-2011
Fiscal year end30-09
Activities, NACEBEL
43221Plumbing work
46190Agents in non-specialised wholesale trade
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
81300Landscape service activities
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:eric.jalon@telenet.be
Phone:016/22.13.32