Financials
- Fiscal year
- 2024
- Total assets
- €192,014
- Loss
- -€58,659
- Solvency
- -41.7%
Total assets▼ 3.0%
Net result
20232024
THE HIVE
ActiveSummary
The computed 12-month bankruptcy probability of THE HIVE is 3.1% (moderate). The 2024 annual accounts show negative equity (-€80,039) and a net result of -€58,659. Its solvency ranks better than 15% of 3023 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Other amusement and recreation activities
NACE 93299Limited-service restaurants NACE 56102Limited-service restaurants, excluding mobile food services NACE 56112
1 site
Size
€192,014total assets 2024
- Staff
- 14.2 FTE
- Equity
- -€80,039
- Loss
- -€58,659
Turnover not published (abridged schema)
Structure
Accounts 63 d overdue0 of 2 deeds read
Why 48- Figures for FY 2024 (filed 28-08-2025)- 1 financial year not filed after the legal deadline; latest accounts 27 days late; 1 of the last 3 late+ Sector Sports, amusement and recreation activities (NACE 93)+ Size: total assets €192,014Show the evidence
Checked score
Score 2024
48
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 6% of its sector peers (NACE 93, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0-14
equity -41.7% of total assets
Liquidity
5+4
short-term debt 141.7% · cash 4.0%
Profitability
0=
return on assets -30.5%
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 18 months
05-2025: 2.0%
06-2025: 2.0%▲ +0.3% vs 05-2025
07-2025: 2.0%▲ +0.9% vs 06-2025
08-2025: 2.6%▲ +30.0% vs 07-2025
09-2025: 1.5%▼ -44.6% vs 08-2025
10-2025: 1.5%● 0.0% vs 09-2025
11-2025: 1.5%● 0.0% vs 10-2025
12-2025: 1.5%● 0.0% vs 11-2025
01-2026: 1.5%▼ -1.0% vs 12-2025
02-2026: 1.5%▲ +0.3% vs 01-2026
03-2026: 1.4%▼ -2.7% vs 02-2026lowest value
04-2026: 1.4%▲ +0.2% vs 03-2026
05-2026: 1.4%▲ +0.6% vs 04-2026
06-2026: 1.4%▼ -0.6% vs 05-2026
07-2026: 1.4%▲ +1.1% vs 06-2026
08-2026: 1.9%▲ +35.9% vs 07-2026
09-2026: 2.1%▲ +7.8% vs 08-2026
10-2026: 3.1%▲ +46.6% vs 09-2026highest value
- Figures for FY 2024 (filed 28-08-2025) raises the probability
- Sector Sports, amusement and recreation activities (NACE 93) lowers the probability
- 1 financial year not filed after the legal deadline; latest accounts 27 days late; 1 of the last 3 late raises the probability
- Size: total assets €192,014 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.09 against 0.03 in 2023; short-term debt: 141.7% and cash: 4% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 93, micro). Better than this share of them on solvency 9%, liquidity 7%, profitability 7%, growth against the median 2%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year -€80,039
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
64 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 46 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2024
- 27-08-2025Annual accounts filed
- 03-10-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other amusement and recreation activitiesNACE 93299
- Founded
- 21-12-2022
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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