Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
HYFOPACK from Berlare, company number BE0466070449, closed financial year 2023 with a result of € -364,907 after tax. For that financial year HYFOPACK recorded a gross margin of € 37,577 and equity of € 20,499. Compared with financial year 2022, the result moved from € 79 to € -364,907. The company made a loss. The buffer shrank hard: equity is 95 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 8, 2024.
€ 20,499
▼ 95% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -364,907
▼ still € 79 profit in 2022
Profit after tax over the fiscal year.
€ 15,935
▲ 56% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1,907.
Debts at end 2023
€ 234,800
▼ 28% vs 2022
€ 27,000 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 68,659
Supplier invoices still open on the last day of the fiscal year.
€ 5,579
▲ 214% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 385,157 | € 4,964 | € 37,577 | ▲ € 32,613 |
| Profit after taxes | € 371,090 | € 79 | € -364,907 | ▼ € 364,986 |
| Equity | € 385,327 | € 385,407 | € 20,499 | ▼ 95% |
| Total debts | € 403,398 | € 399,884 | € 374,361 | ▼ 6% |
| Cash | € 19,815 | € 10,230 | € 15,935 | ▲ 56% |
| Retained profit | € 366,735 | € 366,815 | € 1,907 | ▼ 99% |
| Bank debt | € 348,800 | € 324,800 | € 234,800 | ▼ 28% |
| Balance sheet total | € 788,726 | € 785,291 | € 394,860 | ▼ 50% |
Key figures of HYFOPACK, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to HYFOPACK?
What happened at HYFOPACK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
HYFOPACK is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 364,907 (▼ € 364,986 vs 2022). filed late Source: NBB ↗
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 371,090 profit in 2021 to € 364,907 loss in 2023.
Paid € 36 in corporate taxes since 2021.
Best year ever: 2021, with € 371,090 profit.
Management
Behind HYFOPACK is Renaat De smet. It owns 99.8% of Garage Dias & zoon itself.
Directors
According to the 2023 annual accounts
Establishments
Establishment units
Physical locations of this company
Bergstraat(B) 50
9290 Berlare
Ninovesteenweg 34
9320 Aalst
Active since 7 June 1999
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.070.449
- VAT number
- BE 0466.070.449
- Registered office
- Bergstraat(B) 50, 9290 Berlare
- Names & denominations
- HYFOPACK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 7 May 1999
- Peppol
- Not registered
- Activities · NACE
Handelsbemiddeling in de groothandel in voedings- en genotmiddelen
Handelsbemiddeling in voedings- en genotmiddelen