Hip & Hap
ActiveSummary
The computed 12-month bankruptcy probability of Hip & Hap is 3.7% (moderate). The annual accounts of Hip & Hap for financial year 2025 show a net loss of 80% of the equity at the start of that year. The 2025 annual accounts show equity of €8,422 and a net result of -€34,408. Its solvency ranks better than 23% of 4,763 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €8,422
- Loss
- -€34,408
Why 48raises riskFounded in 2024Sector: Food and beverage service activities (NACE 56)lowers riskFigures for financial year 2025 (filed 08-07-2026)Size: total assets €887,043Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 26% on solvency, 42% on liquidity, 28% on profitability and 10% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 3 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Permanent representative: Stijn PUYPERegistered-office move
Financials · financial year 2025, abbreviated format
2024 to 2025, 2 financial years
The operating result turns negative in 2025: a loss of €23,954 after €50,925 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 865 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 96.6% are still going.
- Small
- 2 to 5 years old
- solvency under 10%
- a small loss
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 865 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,833 | €48,454 | ▲ 206% |
| Other operating charges640/8 | €951 | €3,050 | ▲ 221% |
| Gross operating margin9900 | €67,709 | €27,550 | ▼ 59.3% |
| Operating profit (loss)9901 | €50,925 | -€23,954 | - |
| Financial charges65/66B | €2,897 | €10,454 | ▲ 261% |
| Recurring financial charges65 | €2,897 | €10,454 | ▲ 261% |
| Profit (loss) for the period before taxes9903 | €48,028 | -€34,408 | - |
| Income taxes67/77 | €10,197 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €37,831 | -€34,408 | - |
| Profit (loss) for the period to be appropriated9905 | €37,831 | -€34,408 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €297,957 | €887,043 | ▲ 198% |
| Fixed assets21/28 | €249,382 | €807,172 | ▲ 224% |
| Intangible fixed assets21 | €9,675 | €17,578 | ▲ 81.7% |
| Tangible fixed assets22/27 | €239,707 | €789,594 | ▲ 229% |
| Plant, machinery and equipment23 | €21,026 | €37,861 | ▲ 80.1% |
| Furniture and vehicles24 | €54,400 | €42,233 | ▼ 22.4% |
| Leasing and similar rights25 | €57,662 | €44,844 | ▼ 22.2% |
| Other tangible fixed assets26 | €106,619 | €664,655 | ▲ 523% |
| Current assets29/58 | €48,575 | €79,871 | ▲ 64.4% |
| Stocks and contracts in progress3 | €12,303 | €29,764 | ▲ 142% |
| Stocks30/36 | €12,303 | €29,764 | ▲ 142% |
| Amounts receivable within one year40/41 | €17,447 | €36,447 | ▲ 109% |
| Trade receivables40 | €10,506 | €23,862 | ▲ 127% |
| Other amounts receivable41 | €6,941 | €12,585 | ▲ 81.3% |
| Cash at bank and in hand54/58 | €15,680 | €9,947 | ▼ 36.6% |
| Deferred charges and accrued income490/1 | €3,144 | €3,714 | ▲ 18.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €297,957 | €887,043 | ▲ 198% |
| Equity10/15 | €42,831 | €8,422 | ▼ 80.3% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €37,831 | €3,422 | ▼ 91.0% |
| Distributable reserves133 | €37,831 | €3,422 | ▼ 91.0% |
| Amounts payable17/49 | €255,126 | €878,621 | ▲ 244% |
| Amounts payable after more than one year17 | €35,820 | €708,887 | ▲ 20× |
| Financial debts170/4 | €35,820 | €338,887 | ▲ 846% |
| Other amounts payable178/9 | - | €370,000 | - |
| Amounts payable within one year42/48 | €216,181 | €157,486 | ▼ 27.2% |
| Current portion of amounts payable after more than one year42 | €13,633 | €37,167 | ▲ 173% |
| Trade debts44 | €71,192 | €28,708 | ▼ 59.7% |
| Suppliers440/4 | €71,192 | €28,708 | ▼ 59.7% |
| Advances received on contracts in progress46 | €899 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €5,175 | €6,729 | ▲ 30.0% |
| Taxes450/3 | €1,175 | €2,729 | ▲ 132% |
| Remuneration and social security454/9 | €4,000 | €4,000 | = |
| Other amounts payable47/48 | €125,283 | €84,882 | ▼ 32.2% |
| Accrued charges and deferred income492/3 | €3,125 | €12,248 | ▲ 292% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €37,831 | -€34,408 | - |
| + Depreciation and write-downs630 | €15,833 | €48,454 | ▲ 206% |
| Operating cash flow (approximation) | €53,664 | €14,046 | ▼ 73.8% |
| Investment in fixed assets (approximation) | - | -€606,244 | - |
| Change in cash | - | -€5,734 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 08-07-2026 | 2026-00265809 |
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00432965 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Timmerman Lieselot |
|
| Verbeke Kenneth |
|
Owners and capital
Capital and shareholders
- Verbeke Kenneth 500 shares (50%) · €2,500
- Timmerman Lieselot 500 shares (50%) · €2,500
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 04-07-2024 Incorporation · €5,000 · 1,000 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
07-02
Gazette deed
Permanent representative: Stijn PUYPERegistered-office move5 facts ▸
- Board meeting, 13-01-2025
- Registered-office move, 8210 Zedelgem (Veldegem),Rembertstraat 105
- Permanent representative, Stijn PUYPE
- Director in office, STIJN PUYPE CONSULTING (director)
- Other provision, “naam en hoedanigheid vertegenwoordigingsbevoegde persoon, formulieropschrift achterkant Luik B” (deed in Dutch)
04-07
Gazette deed
IncorporationAppointments: Verbeke Kenneth (director) and Timmerman Lieselot (director) · Permanent representative: Stijn PUYPE · Bank account13 facts ▸
- Bank account, 5000, EUR
- Registered office clause, “8820 Torhout,Aartrijkestraat 251” (deed in Dutch)
- Board rule, 2
- Director appointment, Verbeke Kenneth (director (not named in the articles))
- Director appointment, Timmerman Lieselot (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Director in office, STIJN PUYPE CONSULTING (director)
- Permanent representative, Stijn PUYPE
- Founder, Verbeke Kenneth
- Founder, Timmerman Lieselot
- Other provision, “huwelijksstelsel, wettelijk stelsel” (deed in Dutch)
- Incorporation, 02-07-2024
- +1 further fact in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31036B0038/00B002 | Flanders | 2,190 m² | 1 · 554 m² | 9.6 m · 2 |
How the parcels are linked
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- Hip & Hap
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in België of in het buitenland bij enkel…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Externe vertegenwoordiging van de vennootschap Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)“Al dan niet in statuten benoemde bestuurder, steeds wegens wettige reden,zonder opzeggingstermijn of vertrekvergoeding” (deed in Dutch)“Geheel van bevoegdheden toegekend,met delegatiemogelijkheid, iedere bestuurder alleen optredend mag alle nodige of nuttige handelingen…” (deed in Dutch)“Algemene kosten,los van representatie-,reis- en verplaatsingskosten, onbezoldigd tenzij algemene vergadering anders beslist” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “JAARVERGADERING: Ieder jaar wordt een gewone algemene vergadering van aandeelhouders gehouden op de zetel, de vijftiende van de maand juni…” (deed in Dutch)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor