Active · per the CBE, 16 September 2026
HINICIO logo

HINICIO

BE0879847903

Rechtspersoon Public limited company 1 establishment

HINICIO is an engineering firm in Elsene. Public Limited, started on 9 March 2006, 1 establishment.

Louizalaan 240, 1050 Elsene hinicio.com 028978722 [email protected]

Active for

20 year, 6 months

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.

  • Busy address KBO

    88 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2024

HINICIO from Elsene, company number BE0879847903, closed financial year 2024 with a result of € -20,635 after tax. For that financial year HINICIO recorded a gross margin of € 1.6 million and equity of € 2.8 million. Compared with financial year 2023, the result moved from € -267,367 to € -20,635. The company made a loss. 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 October 3, 2025.

What it is worth Growing

€ 2.8 million

▲ 224% vs 2023

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

Loss Caution

€ -20,635

▲ 92 % less loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 373,531

▲ 15% 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 € 670,387.

People and assets in 2024

Full-time equivalents

8.3

▲ 1.1 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.5 million

▲ 38% vs 2023

€ 182,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 5,137

▼ 67% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 280,075

▼ 73% vs 2023

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

Taxes and wages

€ 372,377

▲ 135% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 718,959 € 1,316,060 € 771,768 € 1,641,511 ▲ 113%
Profit after taxes € 300,508 € 451,506 € -267,367 € -20,635 ▲ € 246,732
Equity € 686,433 € 1,137,939 € 870,572 € 2,820,737 ▲ 224%
Total debts € 1,148,519 € 1,202,415 € 1,748,947 € 1,175,075 ▼ 33%
Cash € 1,113,294 € 671,371 € 324,832 € 373,531 ▲ 15%
Retained profit € 506,883 € 958,389 € 691,022 € 670,387 ▼ 3%
Dividend € 229,956 € 0 € 0 € 0
Balance sheet total € 1,834,952 € 2,340,353 € 2,619,519 € 3,995,812 ▲ 53%
Employees (FTE) 3.7 6.3 7.2 8.3 ▲ 1.1

Key figures of HINICIO, 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 HINICIO?

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

  • Alban GUILLOTEAU stepped down as director. NBB
  • Frédéric GRARD stepped down as director. NBB
  • IHAGI MANAGEMENT SRL stepped down as director. NBB
  • New annual accounts for financial year 2024: loss of € 20,635. filed late Source: NBB ↗
  • Alban GUILLOTEAU became a director. NBB
  • Frédéric GRARD became a director. NBB
  • IHAGI MANAGEMENT SRL became a director. NBB
  • New establishment in Sint-Joost-ten-Node. KBO

In short

From € 300,508 profit in 2021 to € 20,635 loss in 2024.

Paid € 434,056 in corporate taxes since 2021.

Best year ever: 2022, with € 451,506 profit.

On average € 197,800 of value added per employee in 2024.

Management

HINICIO
HINICIO France 100%

It owns 100% of HINICIO LATAM HOLDINGS and 100% of HINICIO France itself.

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Directors

According to the 2024 annual accounts

Alban GUILLOTEAU

Director

since 2022 · until 2028

Frédéric GRARD

Director

Also active at: ELLION

since 2022 · until 2028

IHAGI MANAGEMENT SRL

Managing director · represented by Patrick MAIO

since 2022 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 240

1050 Elsene

2.152.521.951

Sint-Lazaruslaan 4-10

1210 Sint-Joost-ten-Node

Active since 28 March 2006

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

Website

Technologies

AlgoliaElementorFont AwesomeGoogle FontsGoogle Tag ManagerHubSpot MarketingNginxPHPVue.jsWPMLWordPressjQueryjQuery UIlazysizes

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Domain

Domain

hinicio.com

Registered

2005-10-05

Registrar

Gandi SAS

Expires

2027-10-05

Website info

HTTPS Ja
Languages EN, ES, FR, ZH
Copyright 2025

Features

Webshop Blog Jobs Newsletter Ads Contact page

Security

HTTPS
SPF
DMARC

Details

Company number
0879.847.903
VAT number
BE 0879.847.903
Registered office
Louizalaan 240, 1050 Elsene
Names & denominations
HINICIO
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
9 March 2006
Peppol
Active · Active since 27 Nov 2025
Activities · NACE

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Frequently asked questions

What does HINICIO do?
HINICIO is an engineering firm in Elsene. Public Limited, started on 9 March 2006, 1 establishment.
What is the address of HINICIO?
The registered office of HINICIO is located at Louizalaan 240, 1050 Elsene.
Is HINICIO still active?
Yes. According to the CBE (16 September 2026) HINICIO is active, legal situation “Normale toestand”, started on 9 March 2006.
Is HINICIO registered on Peppol?
Yes, HINICIO is registered on the Peppol network with ID 0208:0879847903.
What is the enterprise number of HINICIO?
The enterprise number of HINICIO is BE0879847903.
When was HINICIO founded?
HINICIO was founded on 9 March 2006.