Huntsman Advanced Materials (Europe)

Active

Private limited companyfounded 199926 yrs activeGrijpenlaan 18, 3300 Tienen, BelgiumKBO/BCE: BE 0468.753.884

Summary

Huntsman Advanced Materials (Europe) has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20.86M and a net result of €562k. Its solvency ranks better than 19% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

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Checked score

Score 2025

56 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes

Profitability39

Solvency43

Growth-

Track record85

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.15M at 30 days acceptable

Liquidity ample (current ratio 2.0; short-term debt: 50% and cash: 8.2% of total assets), but 82.2% of the assets are financed with debt.

How do we compute the score and the probability?

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

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

17.8%

Return on assets

0.5%

Age of the figures

9 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 4867 sector peers (2025).

NBB · sector comparison

Position among 4867 sector peers

Solvency

better than 19%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

21 d early

2024

23 d early

2023

23 d early

2022

35 d early

2021

17 d early

2020

15 d early

2019

25 d early

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, full schema

Turnover

€479.08M

EBIT margin

1.0%

Net result

€562k

Working capital

€58.46M

Balance-sheet composition

Assets €116.99M

100.0%

Fixed assets €12k

Current assets €116.98M

Equity and liabilities €116.99M

17.8%

81.6%

Equity €20.86M

Provisions €702k

Debt €95.44M

Debt finances 81.6% of the balance-sheet total.

Key figures and ratios

2025 value

Current ratio

2.00

Quick ratio

0.82

Debt to equity

4.58

ROE

2.7%

ROA

0.5%

Debt ≤ 1 year

€58.52M

Debt > 1 year

€36.92M

Income taxes

€252k

Staff costs

€357k

Filed annual accounts As filed with the NBB · 2025 · 64 lines

Balance sheet Code2025

Assets

Total assets20/58€116.99M

Fixed assets21/28€12k

Financial fixed assets28€12k

Other financial fixed assets284/8€12k

Amounts receivable and cash guarantees285/8€12k

Current assets29/58€116.98M

Stocks and contracts in progress3€69.15M

Stocks30/36€69.15M

Raw materials and consumables30/31€12.89M

Finished goods33€56.26M

Amounts receivable within one year40/41€38.18M

Trade receivables40€35.88M

Other amounts receivable41€2.30M

Cash at bank and in hand54/58€9.65M

Deferred charges and accrued income490/1€2k

Equity and liabilities

Total equity and liabilities10/49€116.99M

Equity10/15€20.86M

Contributions10/11€6.61M

Reserves13€299k

Non-distributable reserves130/1€299k

Reserves not available under the articles1311€299k

Profit (loss) carried forward14€13.95M

Provisions and deferred taxes16€702k

Provisions for liabilities and charges160/5€702k

Other liabilities and charges164/5€702k

Amounts payable17/49€95.44M

Amounts payable after more than one year17€36.92M

Financial debts170/4€36.92M

Other loans174€36.92M

Amounts payable within one year42/48€58.52M

Trade debts44€54.86M

Suppliers440/4€54.86M

Taxes, remuneration and social security45€3.66M

Taxes450/3€3.61M

Remuneration and social security454/9€51k

Other amounts payable47/48€0

Income statement Code2025

Operating income70/76A€481.77M

Turnover70€479.08M

Change in stocks of work in progress, finished goods and contracts in progress71€195k

Other operating income74€2.50M

Operating charges60/66A€476.78M

Goods for resale, raw materials and consumables60€415.38M

Purchases600/8€411.49M

Change in stocks: decrease (increase)609€3.89M

Services and other goods61€60.53M

Remuneration, social security and pensions62€357k

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€520k

Operating profit (loss)9901€4.99M

Financial income75/76B€527k

Recurring financial income75€527k

Income from current assets751€525k

Other financial income752/9€2k

Financial charges65/66B€4.70M

Recurring financial charges65€4.70M

Debt charges650€2.02M

Other financial charges652/9€2.69M

Profit (loss) for the period before taxes9903€814k

Income taxes67/77€252k

Taxes670/3€252k

Profit (loss) for the period9904€562k

Profit (loss) for the period to be appropriated9905€562k

Appropriation of the result

Profit (loss) to be appropriated9906€13.95M

Profit (loss) brought forward from the previous period14P€13.39M

Social balance

Average headcount (FTE)90871.3

The notes to these accounts (38 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 10Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

10-07