Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2024; threshold 65 %.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 January 2026 and has not been filed.
Financials
Financial year 2024
HOICO from Maldegem, company number BE0451668919, closed financial year 2024 with a result of € -34,906 after tax. For that financial year HOICO recorded a gross margin of € -33,945 and equity of € 433,863. Compared with financial year 2023, the result moved from € -38,966 to € -34,906. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 23, 2024.
€ 433,863
▼ 7% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -34,906
▲ 10 % less loss than in 2023
Profit after tax over the fiscal year.
€ 428
▼ 14% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 62,023.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 6
▼ € 3,365 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 434
▼ 93% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 48,112 | € -8,863 | € -33,945 | ▼ € 25,082 |
| Profit after taxes | € 60,921 | € -38,966 | € -34,906 | ▲ € 4,060 |
| Equity | € 507,735 | € 468,769 | € 433,863 | ▼ 7% |
| Total debts | € 170,273 | € 155,622 | € 190,773 | ▲ 23% |
| Cash | € 385 | € 495 | € 428 | ▼ 14% |
| Retained profit | € 135,895 | € 96,929 | € 62,023 | ▼ 36% |
| Balance sheet total | € 678,008 | € 624,390 | € 624,636 |
Key figures of HOICO, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 January 2026.
What happened to HOICO?
What happened at HOICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 34,906. Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 60,921 profit in 2022 to € 34,906 loss in 2024.
Paid € 6,534 in corporate taxes since 2022.
Best year ever: 2022, with € 60,921 profit.
Management
Behind HOICO is Kilian De Lille.
Directors
According to the 2024 annual accounts
Kilian De Lille
Director
Establishments
Establishment units
Physical locations of this company
39e Linielaan 2
9990 Maldegem
Grasdreef 12 box 4
8200 Brugge
Active since 8 February 1994
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.668.919
- VAT number
- BE 0451.668.919
- Registered office
- 39e Linielaan 2, 9990 Maldegem
- Names & denominations
- HOICO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 1993
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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