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Hima

Active
Public limited companyfounded 1972active for 54 yearsMakeveldstraat 7A, 8610 Kortemark, BelgiumKBO/BCE: BE 0411.980.180
Summary

Hima has been active since 1972 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.5m and a net result of €571,081. Equity is growing by about 2.9% per year across the filed financial years. Its solvency ranks better than 72% of 151 sector peers (NACE 31, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Manufacture of dining room, living room, bedroom and bathroom furniture
NACE 31004
3rd oldest company in Kortemark, Manufacturing sector1 site
Size
€26.5mturnover 2025
Staff
19.6 FTE
Equity
€9.5m
Profit
€571,081
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Auditor: Callens VandelanotteAccounts filed 27 days late1 of 12 deeds read
Why 87raises riskLiquidity: current ratio 1.50, cash €168,572Sector: Manufacture of furniture (NACE 31)lowers riskFounded in 1972Equity €9.5m (65.3% of total assets)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 31, small)
Financial strength · tick = 2024
Strong
Solvency 90+10
equity 65.3% of total assets
Liquidity 38+7
short-term debt 30.8% · cash 1.2%
Profitability 61+1
return on assets 3.9%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (136 companies, NACE 31, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.2%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025 09-2025: 0.3%▼ -0.2 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.3%▼ -0.3 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €800,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.5, compared with 2.37 in 2024, below the usual 1.5; short-term debt: 30.8% and cash: 1.2% of total assets), and 34.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 31, small): better than 73% on solvency, 40% on liquidity, 50% on profitability and 68% on growth.

The bankruptcy probability was computed on 16-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.50, cash €168,572
NBB · annual accounts
lowers risk · Founded in 1972
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Manufacture of furniture (NACE 31)
KBO
lowers risk · Equity €9.5m (65.3% of total assets)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filings
Deviation from the deadline
2025
27 days late
2024
20 days late
2023
21 days late
2022
7 days late
2021
2 days early
2020
9 days early
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days after the deadline; the sector median (NACE 31) for financial year 2024 is 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
17-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Permanent representatives: CHRISTIAN DUPULTHYS, Francis Rysman…Reappointments: Moduco, MARNIX ROELENS and…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: 3rd oldest company in Kortemark, Manufacturing sectorin the Checked rankings No. 3 View
  • Directors leftlatest change 21-10-2025 · 0 in office 3 left View
  • Positive: 8 profitable years in a rowprofit 2025: €571,081 8 years View
  • Positive: Result rose in 2025from €436,242 to €571,081 ▲ 30.9% View
  • Active since 1972founded 26-01-1972 54 years View

By topic

Financials

Financial year
2025
Turnover
€26.5m
Profit
€571,081
Solvency
65.3%
Turnover▲ 10.7%
Net result
20182025
Go to Financials

Timeline

Events
50
Since
1979
Next accounts
by 31-07-2027
  1. 21-08-2024Annual accounts filed
  2. 07-08-2023Annual accounts filed
  3. 29-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of dining room, living room, bedroom and…NACE 31004
Founded
26-01-1972
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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