Age27 yrs
Real estate2 parcels · 1,384 m²
Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for HYFOPACK according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €20k and a net result of €-365k.
Based on the State Gazette, CBE and 6 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
1 events22-10-2024
Bankruptcy
Opening
Signals
1 signal · with evidenceWeak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 883 sector peers (2023).
View the sector comparison Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
2 signalsKBO register: special legal situation
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-365k
Working capital€-122k-91.2%
Directors1
Annual accounts & ratios
Source: NBB · 2023Annual accounts filed on 08-10-2024 with the NBB · fiscal year 2023 · verkort
Sector comparison
Fiscal year 2023 · NACE 46, Wholesale trade · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 5.2% | 26.4% | |
| Net result | €-365k | €24k | |
| Equity | €20k | €157k | |
| Gross operating margin | €38k | €179k | |
| Total assets | €395k | €921k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P25
Stable position over 2020-2023
· n=517-883
P5
Weakening position over 2020-2023
· n=516-882
P25
Stable position over 2020-2023
· n=517-884
P28
Stable position over 2020-2023
· n=515-881
Describes the position versus peers, not a forecast.
€4k
-99.0%
-98% vs sector
€-365k
-
far below sector median
€1k
-99.7%
-99% vs sector
€395k
-49.7%
-53% vs sector
€20k
-94.7%
-95% vs sector
€-122k
-91.2%
far below sector median
€17
-11.8%
-100% vs sector
€374k
-6.4%
-29% vs sector
€167k
+66.2%
-23% vs sector
€208k
-30.2%
-33% vs sector
0.27
-26.2%
-86% vs sector
0.27
-26.2%
-79% vs sector
5.2%
-89.4%
-89% vs sector
18.26
+1660.1%
far above sector median
-1780.1%
-
far below sector median
-92.4%
-
far below sector median
1.44
-95.6%
-94% vs sector
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-365k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €17 |
| Dividends | - |
| Total assets | €395k |
| Equity | €20k |
| Debt | €374k |
| of which ≤ 1y | €167k |
| of which > 1y | €208k |
| Working capital | €-122k |
| Employees (FTE) | - |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.27 |
| Quick ratio | 0.27 |
| Working capital ratio | -30.8% |
| Solvency | 5.2% |
| Debt / equity | 18.26 |
| Long-term debt ratio | 10.14 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -92.4% |
| ROE | -1780.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €395k |
| Fixed assets | 21/28 | €350k |
| Financial fixed assets | 28 | €350k |
| Current assets | 29/58 | €45k |
| Amounts receivable within one year | 40/41 | €29k |
| Cash & bank | 54/58 | €16k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €395k |
| Equity | 10/15 | €20k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €367k |
| Accumulated profits (losses) | 14 | €-365k |
| Amounts payable | 17/49 | €374k |
| Amounts payable after one year | 17 | €208k |
| Amounts payable within one year | 42/48 | €167k |
| Trade debts payable within one year | 44 | €69k |
| Income statement | ||
| Gross operating margin | 9900 | €38k |
| Operating result | 9901 | €37k |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €-365k |
| Income taxes | 67/77 | €17 |
| Net result for the period | 9904 | €-365k |
| Result to be appropriated | 9905 | €-365k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2023 · computed0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
No directors on record
No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | JONAS VAN WEYENBERG F.KHNOPFFSTRAAT
104A, 9200 DENDERMONDE |
16-10-2024 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Handelsbemiddeling in de groothandel in voedings- en genotmiddelen(46170) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 07-05-1999 |
| Status | Active |
| Postal code | 9290 |
| First BS signal | 22-10-2024 |
| Latest BS signal | 22-10-2024 |
Structure & network
Company structure: linked entities
1 linked entityMandates
↔
1
of these mandate-holders are active on other cases, click any red card to open that KBO.
Locations & real estate
Establishment units
1 locationHYFOPACK
since 19992.091.223.196
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area1,384 m²
Buildings2
Building footprint258 m²
Volume (LiDAR)1,621 m³
Tallest building11.4 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42003D0318/00C000 | Flanders | 698 m² | 1 · 116 m² | 10.2 m · 2 fl. |
| 41342B1232/00L003 | Flanders | 686 m² | 1 · 142 m² | 11.4 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
1 event from the State Gazette22-10-2024
Bankruptcy
Opening
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette · acts
No structured acts for this company yet
That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.
Analysis
Snowflake analysis
financial profile on 5 axes11
/ 100
Fragile profile, watch health in particular.
Health
0
Profitability
0
Solvency
3
Growth
52
Stability
0
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soonAI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Handelsbemiddeling in voedings- en genotmiddelen46170Handelsbemiddeling in de groothandel in voedings- en genotmiddelen46170Handelsbemiddeling in voedings- en genotmiddelen51170
Primary activity highlighted.
Names & trade names
| Legal nameNL | HYFOPACK |
Registered office
Bergstraat(B) 50
9290 Berlare, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.