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HIPPOCAMPUS

Active Private limited company (pre-2019)founded 1991active for 34 yearsSt.-Jozefslaan 79, 2400 MolKBO/BCE: BE 0446.009.265

Lifetime

20 annual accounts with figures on one time axis, 34 filings since 1992
peak €175,883 (2014)
€56,431▲ 51.5%
peak €27,062 (2018)
€21,084▲ 48.8%
peak €301,117 (2025)
€301,117▲ 7.5%
€427,569▲ 28.5%
peak 3.2 FTE (2014)
1.1 FTE▲ 57.1%
Board1 name since 2021
1 directorScheyvaerts Francis
Documentsfilings and deeds
20-08-202620 days late
2025abbreviated format
Gross margin from €37,243 to €56,431Result from €14,170 to €21,084Staff from 0.7 FTE to 1.1 FTEDebts from €332,743 to €427,569Cash from €54,133 to €78,635

Key points

from the 2025 annual accounts

Equity

€301,117 ▲ 7.5%

HIPPOCAMPUS has made a profit in every financial year since 2006.

Staff

6 employees on 31-12-2025
11311220212012012022217217202319219120241721712025

In 2025, 172 short contracts started and 171 ended, on average 12 hours worked per contract. Staff averaged 1.1 full-time equivalents.

Filings

34 annual accounts since 1992
AprilJune31 JulyOctober200020102020

Four of the last ten came late. The 2020 accounts came latest: 89 days after the end of the period.

Checked score

88
Excellent
Financially stronger than 44% of micro companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.3%▼ -0.1 percentage points vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.2 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.4 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value

Financial strength
Average

66-5equity 41.3% of total assets
33=short-term debt 58.7% · cash 10.8%
45+2return on assets 2.9%

Score breakdown

raises risk
Sector: Food and beverage service activities (NACE 56)
lowers risk
Founded in 1991
Size: 1.1 FTE, total assets €728,686
Liquidity: current ratio 0.89, cash €78,635
Calculation

The band follows from the bankruptcy probability. 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). It does better than 60% of them on solvency, 28% on liquidity, 33% on profitability and 53% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as HIPPOCAMPUS has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of HIPPOCAMPUS itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,041 companies, not a prediction for HIPPOCAMPUS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.89 (0.8 in 2024), below 1. Short-term debt is 58.7% and cash 10.8% of total assets. 58.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 1.1 FTE, total assets €728,686
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.89, cash €78,635
NBB · annual accounts
raises risk · 2025 accounts filed 20 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
20 days late
2024
13 days early
2023
26 days early
2022
18 days late
2021
10 days late
2020
89 days late
2019
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 14 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

SF
Scheyvaerts Francis
Director

Shares in 1 company, DA LEONCINO

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0446009265
General meeting · Director resignation Gazette deed
General meeting · Director reappointment Gazette deed
First establishment St.-Jozefslaan 79, Mol
All 44 events

Comparable companies

same main activity, similar in size and age
Company
HIPPOCAMPUS Mol €728,686 €56,431 41.3% 1.1
D.M.C. Estaimpuis €653,258 €93,355 39.2% 1
AMAZING LAND Durbuy €591,267 €66,112 -5.2% 0.5
HOF DE DRAECK Voeren €508,151 €35,474 94.3% 0.7
CHALET RADAR Flobecq €631,803 €107,850 5.6% 1.3
ANKER CATERING Bonheiden €347,557 €61,394 49.1% 1.4
L'Auberge du Notaire Vielsalm €850,453 €84,273 -20.7% 0.5

These companies have the same main activity as HIPPOCAMPUS: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €348,000 and €850,000, founded between 1985 and 2005.

Official details

Source: KBO
Status
Active since 16-12-1991Normal situation
Activity
Full-service restaurantsNACE 56111and 1 other
Joint committee
302Hotels and catering · annual accounts 2025
Establishment unit
2.055.548.3782400 Mol, since 02-01-1992
Financial year end
31 December
Peppol
Reachable since 28-01-2026
Company details

Annual accounts 2025

≈ €180,000estimated
€728,686▲ 18.9%
Employeeson 31-12-2025
6▲ 20.0%
Filing
Filed on 20-08-2026
Financials

Insights on HIPPOCAMPUS

HIPPOCAMPUS files the abbreviated format. That format states no turnover. The gross margin fell from €65,059 in 2006 to €56,431 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about HIPPOCAMPUS

What is the company number of HIPPOCAMPUS?
The company number of HIPPOCAMPUS is 0446.009.265. The VAT number is the same number with BE in front: BE 0446.009.265.
Where is HIPPOCAMPUS based?
The registered office is at St.-Jozefslaan 79, 2400 Mol.Company details
What does HIPPOCAMPUS do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of HIPPOCAMPUS?
HIPPOCAMPUS is a private limited company (pre-2019) (BVBA).
When was HIPPOCAMPUS founded?
HIPPOCAMPUS was founded on 16-12-1991.
Is HIPPOCAMPUS still active?
Yes, HIPPOCAMPUS is an active enterprise in the KBO register.
How many employees does HIPPOCAMPUS have?
HIPPOCAMPUS had an average of 1.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does HIPPOCAMPUS fall under?
In its 2025 annual accounts, HIPPOCAMPUS states joint committee 302 (Hotels and catering).
What is the turnover of HIPPOCAMPUS?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €56,431 and 92 comparable companies (NACE 56111). It probably lies between €150,000 and €240,000.
Is HIPPOCAMPUS profitable?
In financial year 2025, HIPPOCAMPUS made a profit of €21,084.
Where can I find the annual accounts of HIPPOCAMPUS?
HIPPOCAMPUS filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HIPPOCAMPUS due?
HIPPOCAMPUS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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