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HIPPODROME PROJECTS

Active
Public limited companyfounded 2007active for 19 yearsViartenstraat 14, 3520 Zonhoven, BelgiumKBO/BCE: BE 0887.068.364
Summary

HIPPODROME PROJECTS has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.8m and a net result of -€125,484. Equity has been stable since 2018 (±0.2% per year). Its solvency ranks better than 77% of 11,261 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 07-02-2007 Normal situation
Activity
Development of residential building projects NACE 68121and 1 other
Establishment unit
2.160.032.226 3520 Zonhoven, since 30-01-2007
Financial year end
31 December
Peppol
Reachable since 25-11-2025

Board and ownership

Last known board
and 1 other
Auditor
BV Finvision Bedrijfsrevisoren Waasland
Shareholders
  • SOLIDUM S.a.r.l.annual accounts 2020

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
-€109,156
Loss
€125,484
▼ 4.8%
Equity
€2.8m
▼ 4.2%
Total assets
€4.2m
▲ 6.4%
Score breakdownraises riskLoss of €125,484, the second in a row (financial year 2025)lowers riskSize: total assets €4.2mLiquidity: current ratio 3.01, cash €2.8mFigures for financial year 2025 (filed on 28-05-2026)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 57% of small companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 92-7
equity 66.7% of total assets
Liquidity 85-5
short-term debt 33.3% · cash 65.1%
Profitability 30+1
return on assets -3.0%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (6,995 companies, NACE 68, small)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026highest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €260,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.01 (3.87 in 2024), above the usual 1.5. Short-term debt is 33.3% and cash 65.1% of total assets. 33.3% of the assets are financed with debt and provisions.
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 68, small). It does better than 79% of them on solvency, 97% on liquidity, 23% on profitability and 29% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €4.2m
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 3.01, cash €2.8m
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 28-05-2026)
NBB · annual accounts
raises risk · Loss of €125,484, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€125,484
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
64 days early
2024
34 days early
2023
44 days early
2022
54 days early
2021
13 days early
2020
31 days early
2019
10 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 36 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 18 June (5 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
04-11-2026 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

Key points

  • Caution: Lower net result than 90% of companies in real estatesector median €9,999 · 11,252 companies -€125,484 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€125,484 View

Recent changes

  1. · Gazette deed Demerger: SITE NONNENBOS splits off to HIPPODROME PROJECTSReappointments: TACK Thierry, KNIPPENBERG Paul and 2 others · Resignations: TACK Thierry, KNIPPENBERG Paul and 2 others
  2. · Gazette deed Demerger proposal: HIPPODROME PROJECTS splits off to SITE NONNENBOS
  3. · Gazette deed Reappointment: Finvision Bedrijfsrevisoren Waasland BV (statutory auditor)Permanent representative: Geert Van Hemelryck
All 20 events

Comparable companies

These companies have the same main activity as HIPPODROME PROJECTS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €3.3m and €4.6m, founded between 2005 and 2008.

CompanyTotal assetsGross margin
HIPPODROME PROJECTS Zonhoven€4.2m-€0.1m
GROEP 3 Maaseik€3.3m€275
GREEN DOG Watermaal-Bosvoorde€4.2m-€0.04m
DE CONINCK-CORNILLE Zoersel€4.0m-€0.02m
BUILDING MANAGEMENT SERVICE & STAFFING Modave€3.8m-€0.08m
NEOCONSTRUCT 1 Beveren-Kruibeke-Zwijndrecht€4.6m-€0.2m
C&C CONSTRUCT Deerlijk€4.6m-€0.2m
Full comparison

Key facts about HIPPODROME PROJECTS

What is the company number of HIPPODROME PROJECTS?
The company number of HIPPODROME PROJECTS is 0887.068.364. The VAT number is the same number with BE in front: BE 0887.068.364.
Where is HIPPODROME PROJECTS based?
The registered office is at Viartenstraat 14, 3520 Zonhoven.Company details
What does HIPPODROME PROJECTS do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of HIPPODROME PROJECTS?
The legal form of HIPPODROME PROJECTS is Public limited company (NV).
When was HIPPODROME PROJECTS founded?
HIPPODROME PROJECTS was founded on 07-02-2007.
Is HIPPODROME PROJECTS still active?
Yes, HIPPODROME PROJECTS is an active enterprise in the KBO register.
What is the turnover of HIPPODROME PROJECTS?
The annual accounts for financial year 2025 state no turnover. In financial year 2024 turnover was €523,310.Financials
Is HIPPODROME PROJECTS profitable?
In financial year 2025, HIPPODROME PROJECTS made a loss of €125,484.
Where can I find the annual accounts of HIPPODROME PROJECTS?
HIPPODROME PROJECTS filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HIPPODROME PROJECTS due?
HIPPODROME PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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