Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
HYCS from Gavere, company number BE0506796096, closed financial year 2024 with a result of € 47,817 after tax. For that financial year HYCS recorded a gross margin of € 97,164 and equity of € 267,231. Compared with financial year 2023, the result moved from € 45,491 to € 47,817. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2025.
€ 267,231
▲ 22% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 47,817
▲ 5% vs 2023
Profit after tax over the fiscal year.
€ 10,431
▼ 30% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 226,489.
People and assets in 2024
€ 12,804
▼ 17% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 433,802
▼ 10% vs 2023
€ 47,003 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 1,865
▼ 53% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 7,061
▼ 69% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 106,797 | € 104,321 | € 99,536 | € 97,164 | ▼ 2% |
| Profit after taxes | € 55,329 | € 53,530 | € 45,491 | € 47,817 | ▲ 5% |
| Equity | € 133,801 | € 171,731 | € 219,414 | € 267,231 | ▲ 22% |
| Total debts | € 590,695 | € 562,587 | € 524,067 | € 447,168 | ▼ 15% |
| Cash | € 30,534 | € 16,706 | € 14,821 | € 10,431 | ▼ 30% |
| Land & buildings | € 187,559 | € 190,355 | € 192,595 | € 187,087 | ▼ 3% |
| Retained profit | € 115,251 | € 153,181 | € 178,672 | € 226,489 | ▲ 27% |
| Dividend | € 11,600 | € 15,600 | € 20,000 | € 0 | ▼ 100% |
| Bank debt | € 541,317 | € 529,695 | € 480,056 | € 433,802 | ▼ 10% |
| Balance sheet total | € 724,496 | € 734,318 | € 743,481 | € 714,399 | ▼ 4% |
Key figures of HYCS, fiscal years 2021 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 31 July 2026.
What happened to HYCS?
What happened at HYCS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 47,817 (▲ 5% vs 2023). Source: NBB ↗
- New establishment in Gavere. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,329 profit in 2021 to € 47,817 profit in 2024.
Paid € 63,960 in corporate taxes since 2021.
Best year ever: 2021, with € 55,329 profit.
Paid out € 47,200 in dividends to the owners in total.
Management
Behind HYCS is JOHN HELSMOORTEL.
Directors
According to the 2024 annual accounts
JOHN HELSMOORTEL
Director
Establishments
Establishment units
Physical locations of this company
Borrestraat 10A
9890 Gavere
Borrestraat 10 box A
9890 Gavere
Active since 1 January 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0506.796.096
- VAT number
- BE 0506.796.096
- Registered office
- Borrestraat 10A, 9890 Gavere
- Names & denominations
- HYCS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 December 2014
- Peppol
- Active · Active since 28 Jul 2024
- Activities · NACE
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Computerconsultancy-activiteiten
Activiteiten van holdings
Bouwrijp maken van terreinen
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Landschapsverzorging
Overige diensten op het gebied van informatietechnologie en computer
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
+3