Bankrupt · Opening faillissement (CBE)

Huyghe Technics

BE0778903862

Rechtspersoon Private limited company 1 establishment

Huyghe Technics is an electrical contractor in Izegem. Private Limited, started on 21 December 2021, 1 establishment.

Bellevuestraat 97, 8870 Izegem

Behind the company: Kenneth Huyghe, Iris Glas.

Start date

21 December 2021

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 14 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

Huyghe Technics from Izegem, company number BE0778903862, closed financial year 2024 with a result of € -54,554 after tax. For that financial year Huyghe Technics recorded a gross margin of € -33,033 and equity of € -33,823. Compared with financial year 2023, the result moved from € -2,500 to € -54,554. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 3, 2025.

What it is worth Caution

€ -33,823

▼ € 54,554 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -54,554

▼ 2082 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 3,390

▲ 161% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -36,323.

People and assets in 2024

Vehicles and equipment

€ 51,148

▲ 226% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 3 years to go

€ 77,856

▲ 49% vs 2023

€ 30,071 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 93,952

▲ 73% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 1,529

▼ 81% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202220232024Change 2023 → 2024
Gross margin € 33,033 € 7,962 € -33,033 ▼ € 40,995
Profit after taxes € 20,731 € -2,500 € -54,554 ▼ € 52,054
Equity € 23,231 € 20,731 € -33,823 ▼ € 54,554
Total debts € 137,443 € 119,232 € 173,337 ▲ 45%
Cash € 6,640 € 1,297 € 3,390 ▲ 161%
Land & buildings € 354 € 317 € 280 ▼ 12%
Retained profit € 20,731 € 18,231 € -36,323 ▼ € 54,554
Bank debt € 71,124 € 52,227 € 77,856 ▲ 49%
Balance sheet total € 160,674 € 139,963 € 139,513

Key figures of Huyghe Technics, 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 Huyghe Technics?

What happened at Huyghe Technics in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Huyghe Technics is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 54,554. filed late Source: NBB ↗
  • New establishment in Izegem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 20,731 profit in 2022 to € 54,554 loss in 2024.

Paid € 8,039 in corporate taxes since 2022.

Best year ever: 2022, with € 20,731 profit.

Management

Kenneth Huyghe Iris Glas
Huyghe Technics

Behind Huyghe Technics are Kenneth Huyghe and Iris Glas.

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Directors

According to the 2024 annual accounts

Kenneth Huyghe

bestuurder

Iris Glas

bestuurder

Establishments

Establishment units

Physical locations of this company

Registered office

Bellevuestraat 97

8870 Izegem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0778.903.862
VAT number
BE 0778.903.862
Registered office
Bellevuestraat 97, 8870 Izegem
Names & denominations
Huyghe Technics
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
21 December 2021
Peppol
Not registered
Activities · NACE

Algemene elektrotechnische installatiewerken

Sanitaire werkzaamheden

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Frequently asked questions

What does Huyghe Technics do?
Huyghe Technics is an electrical contractor in Izegem. Private Limited, started on 21 December 2021, 1 establishment.
What is the address of Huyghe Technics?
The registered office of Huyghe Technics is located at Bellevuestraat 97, 8870 Izegem.
Is Huyghe Technics still active?
No. The CBE lists Huyghe Technics with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is Huyghe Technics registered on Peppol?
No, Huyghe Technics is currently not registered on the Peppol network.
What is the enterprise number of Huyghe Technics?
The enterprise number of Huyghe Technics is BE0778903862.
When was Huyghe Technics founded?
Huyghe Technics was founded on 21 December 2021.