H.O.G.
ActiveThe computed 12-month bankruptcy probability of H.O.G. is 3.3% (moderate). The 2025 annual accounts show equity of €53k and a net result of €13k. Equity is growing by ~28.4% per year across the filed fiscal years. Its solvency ranks better than 60% of 13204 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-2
Solvency67▼-1
Growth52=
Track record94
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.24 in 2024; short-term debt: 38% and cash: 37.6% of total assets), and 58.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.5%
Return on assets
10.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
4 d early
2024
21 d early
2023
30 d late
2022
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€53k▲ 29.3%
2024 · €41k
2022: €26k
2023: €31k
2024: €41k
2022 → 2025
Total assets
€129k▲ 33.6%
2024 · €96k
2022: €61k
2023: €58k
2024: €96k
2022 → 2025
Net result
€13k▲ 17.8%
2024 · €11k
2022: €22k
2023: €6k
2024: €11k
2022 → 2025
Working capital
€20k▲ 131%
2024 · €9k
2022: €3k
2023: €3k
2024: €9k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€26k-€31k▲ 20.8%€41k▲ 32.6%€53k▲ 29.3%
Operating result€30k-€12k▼ 61.5%€18k▲ 60.3%€22k▲ 21.0%
Net result€22k-€6k▼ 71.3%€11k▲ 77.7%€13k▲ 17.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 21% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €129k
Fixed assets
€59k▲ 16.1%
Current assets
€69k▲ 53.5%
Equity and liabilities €129k
Equity
€53k▲ 29.3%
Debt
€75k▲ 36.7%
The debt ratio rises from 57.1% to 58.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▲
2024 · €28k
Cash flow
€24k▲
2024 · €20k
Solvency
41.5%▼
2024 · 42.9%
Current ratio
1.41▲
2024 · 1.24
Quick ratio
1.21▲
2024 · 1.10
Debt / equity
1.41▲
2024 · 1.33
ROE
24.3%▼
2024 · 26.6%
ROA
10.1%▼
2024 · 11.4%
Interest coverage
7.43▼
2024 · 7.87
Debt
€75k▲
2024 · €55k
Debt ≤ 1 year
€49k▲
2024 · €36k
Debt > 1 year
€26k▲
2024 · €19k
Income taxes
€5k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€96k€129k▲
Fixed assets21/28€51k€59k▲
Intangible fixed assets21€3k€3k▼
Tangible fixed assets22/27€48k€57k▲
Plant, machinery and equipment23€39k€50k▲
Furniture and vehicles24€5k€4k▼
Other tangible fixed assets26€4k€3k▼
Current assets29/58€45k€69k▲
Stocks and contracts in progress3€5k€10k▲
Stocks30/36€5k€10k▲
Amounts receivable within one year40/41€15k€10k▼
Trade receivables40€2k€5k▲
Other amounts receivable41€13k€5k▼
Cash at bank and in hand54/58€24k€48k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€96k€129k▲
Equity10/15€41k€53k▲
Contributions10/11€5k€5k=
Reserves13€36k€48k▲
Distributable reserves133€36k€48k▲
Amounts payable17/49€55k€75k▲
Amounts payable after more than one year17€19k€26k▲
Financial debts170/4€19k€26k▲
Amounts payable within one year42/48€36k€49k▲
Current portion of amounts payable after more than one year42€8k€9k▲
Trade debts44€5k€18k▲
Suppliers440/4€5k€18k▲
Taxes, remuneration and social security45€12k€9k▼
Taxes450/3€11k€9k▼
Remuneration and social security454/9€799-
Other amounts payable47/48€12k€13k▲
Income statement
Code20242025
Remuneration, social security and pensions62€12k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€11k▲
Other operating charges640/8€19k€20k▲
Gross operating margin9900€59k€53k▼
Operating profit (loss)9901€18k€22k▲
Financial income75/76B€2€4▲
Recurring financial income75€2€4▲
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€15k€18k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€11k€13k▲
Profit (loss) for the period to be appropriated9905€11k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€13k▲
Transfer to equity691/2€10k€12k▲
To other reserves6921€10k€12k▲
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €6k ▼71.3%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Evergem · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Marktplein 49940 EvergemGround area
532 m²
Building footprint
294 m²
Volume, LiDAR
2,012 m³
Parcel 43006F0141/00G000, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
H.O.G.
since 20212.313.027.554
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43006F0141/00G000 | Flanders | 532 m² | 1 · 294 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteEvergem2.313.027.554
Similar companies · same sector, comparable size
FRENATH
BE 0607.829.219
Wemmel · Eq €53k
AMBER
BE 0506.983.168
Hooglede · Eq €53k
LMCS
BE 0846.897.201
Zaventem · Eq €53k
PUT 19
BE 0649.844.966
Knokke-Heist · Eq €53k
La Maison du Peuple
BE 0415.895.814
Fontaine-l'Evêque · Eq €53k
Of 14,025 companies in sector 56301 we hold annual accounts for 4,894. 4,049 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2021
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:maarten.dejonghe@pandora.be
Phone:093444447