HIPPOCATHES
ActiveThe computed 12-month bankruptcy probability of HIPPOCATHES is 2.8% (moderate). The 2025 annual accounts show equity of €64k and a net result of €-16k. Equity is shrinking by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 90% of 11200 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-38
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 9.62 against 15.24 in 2024), and 9.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.5%
Return on assets
-23.2%
Age of the figures
8 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 06-07-2026, 25 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
25 d early
2024
32 d early
2023
32 d early
2022
40 d early
2021
5 d early
2020
17 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€64k▼ 20.4%
2024 · €81k
2020: €82k
2021: €78k
2022: €76k
2023: €74k
2024: €81k
2020 → 2025
Total assets
€71k▼ 17.3%
2024 · €86k
2020: €290k
2021: €141k
2022: €99k
2023: €77k
2024: €86k
2020 → 2025
Net result
€-16k
2024 · €6k
2020: €77k
2021: €14k
2022: €-2k
2023: €-2k
2024: €6k
2020 → 2025
Working capital
€58k▼ 20.0%
2024 · €72k
2020: €59k
2021: €59k
2022: €61k
2023: €63k
2024: €72k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€78k-€76k▼ 2.1%€74k▼ 2.4%€81k▲ 8.3%€64k▼ 20.4%
Operating result€19k-€-809€-539▲ 33.4%€11k€-15k
Net result€14k-€-2k€-2k▼ 13.6%€6k€-16k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15k after €11k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71k
Fixed assets
€6k▼ 24.4%
Current assets
€65k▼ 16.6%
Equity and liabilities €71k
Equity
€64k▼ 20.4%
Debt
€7k▲ 32.1%
The debt ratio rises from 5.9% to 9.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-11k▼
2024 · €15k
Cash flow
€-13k▼
2024 · €10k
Solvency
90.5%▼
2024 · 94.1%
Current ratio
9.62▼
2024 · 15.24
Quick ratio
9.62▼
2024 · 15.24
Debt / equity
0.10▲
2024 · 0.06
ROE
-25.7%▼
2024 · 7.6%
ROA
-23.2%▼
2024 · 7.2%
Interest coverage
-4.40▼
2024 · 5.19
Debt
€7k▲
2024 · €5k
Debt ≤ 1 year
€7k▲
2024 · €5k
Income taxes
€266▼
2024 · €3k
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€86k€71k▼
Fixed assets21/28€8k€6k▼
Tangible fixed assets22/27€6k€4k▼
Plant, machinery and equipment23€538€2k▲
Furniture and vehicles24€3k-
Other tangible fixed assets26€3k€3k▼
Financial fixed assets28€2k€2k=
Current assets29/58€77k€65k▼
Amounts receivable within one year40/41€29k€36k▲
Trade receivables40€11k€11k▲
Other amounts receivable41€18k€25k▲
Cash at bank and in hand54/58€46k€29k▼
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€86k€71k▼
Equity10/15€81k€64k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€76k€59k▼
Amounts payable17/49€5k€7k▲
Amounts payable within one year42/48€5k€7k▲
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Taxes, remuneration and social security45€3k€266▼
Taxes450/3€3k€266▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€533€885▲
Gross operating margin9900€15k€-10k▼
Operating profit (loss)9901€11k€-15k▼
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€10k€-16k▼
Income taxes67/77€3k€266▼
Profit (loss) for the period9904€6k€-16k▼
Profit (loss) for the period to be appropriated9905€6k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€76k€59k▼
Profit (loss) brought forward from the previous period14P€69k€76k▲
The notes to these accounts (6 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-16k ▼368%
Net result drops to €-16k, the lowest in the series.
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 8current ratio 29.72
Current ratio from 3.75 to 29.72; short-term debt falls from €22k to €2k.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Brussel · 1 establishment unit since 2020
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.
Ijzerplein 81000 BrusselGround area
582 m²
Building footprint
342 m²
Volume, LiDAR
4,488 m³
2 parcels, Brussels, Flanders · tallest building 30.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
HIPPOCATHES
since 20202.302.088.627
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31338E0462/00A000 | Flanders | 359 m² | 1 · 129 m² | 8.3 m · 2 fl. |
| 21814P0236/00F002 | Brussels | 223 m² | 1 · 213 m² | 30.9 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
KAMEN
BE 0822.469.730
Ottignies-Louvain-la-Neuve · Eq €64k
Nathan Ryckeboer
BE 0694.670.844
Puurs-Sint-Amands · Eq €64k
NXT Concept
BE 0770.414.679
Sint-Martens-Latem · Eq €64k
AGRAMON
BE 0784.291.817
Poperinge · Eq €64k
Erbeau
BE 0431.161.040
Oudenaarde · Eq €64k
Of 4,406 companies in sector 46180 we hold annual accounts for 1,875. 1,379 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-05-2020
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.