Skip to content

HIPPOMUNDO.COM

Active
Private limited companyfounded 2005active for 21 yearsKoewacht(STE) 124, 9190 Stekene, BelgiumKBO/BCE: BE 0872.915.272

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 23-06-2026 at the NBB all 21 filings

Turnover
≈ €150,000
Estimated: probably between €92,000 and €290,000
Total assets
€198,309▼ 5.3%
2024 · €209,377
Net result
-€7,223
2024 · €71,075
Working capital
-€7,262
2024 · €77,430
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a loss of €6,230, after a profit of €72,032 in 2024.

Operating result-€6,230 2025 Net result-€7,223 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Computing infrastructure, data processing, hosting and other information service activities (NACE 63). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€91,863--€41,778▲ 54.5%€51,794-€5,382-€44,830▼ 733%-€2,570▲ 94.3%€72,032-€6,230
Net result-€92,467--€41,947▲ 54.6%€51,419within the sector's middle half-€5,613below the sector's middle half-€45,123below the sector's middle half▼ 704%-€3,008below the sector's middle half▲ 93.3%€71,075within the sector's middle half-€7,223below the sector's middle half
Equity-€348,285--€390,231▼ 12.0%-€338,812below the sector's middle half▲ 13.2%-€344,425below the sector's middle half▼ 1.7%-€389,548below the sector's middle half▼ 13.1%-€392,557below the sector's middle half▼ 0.8%-€321,482below the sector's middle half▲ 18.1%€124,295within the sector's middle half
Total assets€111,567-€118,331▲ 6.1%€199,446within the sector's middle half▲ 68.5%€191,511below the sector's middle half▼ 4.0%€139,484below the sector's middle half▼ 27.2%€133,259below the sector's middle half▼ 4.5%€209,377below the sector's middle half▲ 57.1%€198,309within the sector's middle half▼ 5.3%
Debt€459,852-€508,563▲ 10.6%€538,258▲ 5.8%€535,936▼ 0.4%€529,032▼ 1.3%€525,816▼ 0.6%€530,859▲ 1.0%€74,014▼ 86.1%
Working capital€20,654-€6,084▼ 70.5%€54,871within the sector's middle half▲ 802%€34,380within the sector's middle half▼ 37.3%€9,809within the sector's middle half▼ 71.5%€15,304within the sector's middle half▲ 56.0%€77,430within the sector's middle half▲ 406%-€7,262within the sector's middle half
Solvency-312.2%--329.8%▼ 17.6pp-169.9%below the sector's middle half▲ 159.9pp-179.8%below the sector's middle half▼ 10.0pp-279.3%below the sector's middle half▼ 99.4pp-294.6%below the sector's middle half▼ 15.3pp-153.5%below the sector's middle half▲ 141.0pp62.7%within the sector's middle half▲ 216.2pp
Current ratio2.04-1.26▼ 0.783.17within the sector's middle half▲ 1.911.67within the sector's middle half▼ 1.501.22within the sector's middle half▼ 0.451.37within the sector's middle half▲ 0.152.69within the sector's middle half▲ 1.310.90within the sector's middle half▼ 1.79
Return on assets (ROA)-82.9%--35.4%▲ 47.4pp25.8%above the sector's middle half▲ 61.2pp-2.9%below the sector's middle half▼ 28.7pp-32.4%below the sector's middle half▼ 29.4pp-2.3%below the sector's middle half▲ 30.1pp33.9%above the sector's middle half▲ 36.2pp-3.6%below the sector's middle half▼ 37.6pp
Staff (FTE)0.2below the sector's middle half1below the sector's middle half▲ 400%0.3below the sector's middle half▼ 70.0%
above within below The sector band is the middle half of the companies in Computing infrastructure, data processing, hosting and other information service activities (NACE 63). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €198,309
Fixed assets €131,557 ▲ 52.8%
Current assets €66,752 ▼ 45.9%
Equity and liabilities €198,309
Equity €124,295
Debt €74,014
Debt's share of the balance-sheet total is 37.3%.
Key figures and ratios
2025 value · change against 2024
EBITDA
€53,364▼
2024 · €120,623
Cash flow
€52,371▼
2024 · €119,666
Debt to equity
0.60
ROE
-5.8%
Interest coverage
46.95▼
2024 · over 100
Debt ≤ 1 year
€74,014▲
2024 · €45,859
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-2022
Employees at the balance-sheet date1-
full-time1-
in full-time equivalents1-
Average over the year, in full-time equivalents10.3
On a permanent contract1-
Joined-0
Left-1

Source: social balance sheet in the 2021 to 2022 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€608--€504-
Intangible fixed assets€60,480€40,379€50,253€57,036€105,063
Depreciation and write-downs of the year€74,211€60,285€58,757€48,591€59,594

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2023 to 2024 · 2 entries · €9,000 awarded · €10,500 paid
Year Entries AwardedPaid
2024 1 €9,000€9,000
2023 1 €0€1,500
Schemes
1 entry · €9,000 · €9,000 paid · Vlaams Agentschap voor Internationaal Ondernemen
1 entry · €1,500 paid · Fonds voor Innoveren en Ondernemen

Comparable companies

These companies have the same main activity as HIPPOMUNDO.COM: computing infrastructure, data processing, hosting and related activities (NACE 63100). They are comparable in size and age: total assets between €174,000 and €259,000, founded between 2002 and 2010.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
HIPPOMUNDO.COM Stekene2005€198,309€124,295€53,995-€7,2232025
RAZZI Hasselt2005€187,817€133,066€46,544€15,4892025
EANES Brasschaat2006€179,007€170,322€63,151€37,7382025
4SIGHT Elsene2005€253,516€188,102€54,694€24,4312024
ATHENA CONSULT Schilde2002€173,661€145,769€47,382€23,3762025
CELIDON Gent2003€259,373€200,120€49,346€28,6242025
allNice Lochristi2010€206,209€32,136€57,454€27,7682025

They were chosen from the 1,293 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 12,322 companies had the same profile as HIPPOMUNDO.COM has now. Two years later, 0.7% had gone bankrupt and 90.3% were still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90.3% was still going

Another 0.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of HIPPOMUNDO.COM itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 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 12,322 companies, not a prediction for HIPPOMUNDO.COM. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines

Source: Annual accounts 2025 at the NBB, filed on 23-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€209,377€198,309▼
Fixed assets21/28€86,088€131,557▲
Intangible fixed assets21€85,635€131,272▲
Tangible fixed assets22/27€453€285▼
Plant, machinery and equipment23€453€285▼
Current assets29/58€123,289€66,752▼
Amounts receivable within one year40/41€23,410€40,309▲
Trade receivables40€16,468€29,986▲
Other amounts receivable41€6,942€10,323▲
Cash at bank and in hand54/58€98,868€24,905▼
Deferred charges and accrued income490/1€1,011€1,539▲
Equity and liabilities
Total equity and liabilities10/49€209,377€198,309▼
Equity10/15-€321,482€124,295▲
Contributions10/11€18,600€471,600▲
Reserves13€9,249€9,249=
Tax-exempt reserves132€9,249€9,249=
Profit (loss) carried forward14-€349,330-€356,554▼
Amounts payable17/49€530,859€74,014▼
Amounts payable after more than one year17€485,000-
Other amounts payable178/9€485,000-
Amounts payable within one year42/48€45,859€74,014▲
Trade debts44€42,091€69,290▲
Suppliers440/4€42,091€69,290▲
Taxes, remuneration and social security45€3,768€4,724▲
Taxes450/3€3,768€4,724▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48,591€59,594▲
Other operating charges640/8€706€632▼
Gross operating margin9900€121,328€53,995▼
Operating profit (loss)9901€72,032-€6,230▼
Financial income75/76B€0€144▲
Recurring financial income75€0€144▲
Financial charges65/66B€957€1,137▲
Recurring financial charges65€957€1,137▲
Profit (loss) for the period before taxes9903€71,075-€7,223▼
Profit (loss) for the period9904€71,075-€7,223▼
Profit (loss) for the period to be appropriated9905€71,075-€7,223▼
Appropriation of the result
Profit (loss) to be appropriated9906-€349,330-€356,554▼
Profit (loss) brought forward from the previous period14P-€420,405-€349,330▲

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Non-recurring operating income76A----€14----
Remuneration, social security and pensions62---€46,618€13,239----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€71,705€66,807€71,706€74,211€60,285€58,757€48,591€59,594▲ 22.6%
Other operating charges640/8---€532€535€584€706€632▼ 10.5%
Gross operating margin9900-€19,635€25,556€129,806€115,978€29,228€56,771€121,328€53,995▼ 55.5%
Operating profit (loss)9901-€91,863-€41,778€51,794-€5,382-€44,830-€2,570€72,032-€6,230-
Financial income75/76B---€1€1€0€0€144▲ 465×
Recurring financial income75€0€138€1€1€1€0€0€144▲ 465×
Financial charges65/66B---€231€294€438€957€1,137▲ 18.8%
Recurring financial charges65€605€307€375€231€294€438€957€1,137▲ 18.8%
Profit (loss) for the period before taxes9903-€92,467-€41,947€51,419-€5,613-€45,123-€3,008€71,075-€7,223-
Profit (loss) for the period9904-€92,467-€41,947€51,419-€5,613-€45,123-€3,008€71,075-€7,223-
Profit (loss) for the period to be appropriated9905-€92,467-€41,947€51,419-€5,613-€45,123-€3,008€71,075-€7,223-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€111,567€118,331€199,446€191,511€139,484€133,259€209,377€198,309▼ 5.3%
Fixed assets21/28€71,061€88,685€119,317€106,195€85,643€77,139€86,088€131,557▲ 52.8%
Intangible fixed assets21€70,918€88,685€118,340€105,136€85,433€77,131€85,635€131,272▲ 53.3%
Tangible fixed assets22/27€143-€977€1,059€210€7€453€285▼ 37.1%
Plant, machinery and equipment23---€1,059€210€7€453€285▼ 37.1%
Current assets29/58€40,506€29,647€80,129€85,316€53,841€56,120€123,289€66,752▼ 45.9%
Amounts receivable within one year40/41€11,733€14,671€17,452€15,601€32,909€44,742€23,410€40,309▲ 72.2%
Trade receivables40---€15,601€22,287€18,187€16,468€29,986▲ 82.1%
Other amounts receivable41----€10,621€26,555€6,942€10,323▲ 48.7%
Cash at bank and in hand54/58€28,773€14,975€62,677€66,981€20,195€10,710€98,868€24,905▼ 74.8%
Deferred charges and accrued income490/1---€2,734€738€668€1,011€1,539▲ 52.2%
Equity and liabilities
Total equity and liabilities10/49€111,567€118,331€199,446€191,511€139,484€133,259€209,377€198,309▼ 5.3%
Equity10/15-€348,285-€390,231-€338,812-€344,425-€389,548-€392,557-€321,482€124,295-
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600€471,600▲ 25×
Reserves13€11,109€11,109€11,109€11,109€11,109€9,249€9,249€9,249=
Non-distributable reserves130/1---€1,860€1,860----
Reserves not available under the articles1311---€1,860€1,860----
Tax-exempt reserves132---€9,249€9,249€9,249€9,249€9,249=
Profit (loss) carried forward14-€377,993-€419,940-€368,521-€374,134-€419,257-€420,405-€349,330-€356,554▼ 2.1%
Amounts payable17/49€459,852€508,563€538,258€535,936€529,032€525,816€530,859€74,014▼ 86.1%
Amounts payable after more than one year17€440,000€485,000€513,000€485,000€485,000€485,000€485,000--
Other amounts payable178/9---€485,000€485,000€485,000€485,000--
Amounts payable within one year42/48€19,852€23,563€25,258€50,936€44,032€40,816€45,859€74,014▲ 61.4%
Trade debts44€19,852€21,143€16,348€35,454€39,130€38,044€42,091€69,290▲ 64.6%
Suppliers440/4---€35,454€39,130€38,044€42,091€69,290▲ 64.6%
Taxes, remuneration and social security45---€15,482€4,903€2,772€3,768€4,724▲ 25.3%
Taxes450/3---€4,643€4,903€2,772€3,768€4,724▲ 25.3%
Remuneration and social security454/9---€10,839-----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€92,467-€41,947€51,419-€5,613-€45,123-€3,008€71,075-€7,223-
+ Depreciation and write-downs630€71,705€66,807€71,706€74,211€60,285€58,757€48,591€59,594▲ 22.6%
Operating cash flow (approximation)-€20,762€24,860€123,125€68,598€15,161€55,749€119,666€52,371▼ 56.2%
Investment in fixed assets (approximation)--€84,430-€102,338-€61,088-€39,733-€50,253-€57,540-€105,063▼ 82.6%
Change in cash--€13,797€47,701€4,304-€46,786-€9,485€88,158-€73,964-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 21 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 23-06-2026 2026-00211778 NBB
31-12-2024 abbreviated format 05-07-2025 2025-00236265 PDF
31-12-2023 abbreviated format 26-06-2024 2024-00172957 PDF
31-12-2022 abbreviated format 19-06-2023 2023-00145895 PDF
31-12-2021 abbreviated format 29-06-2022 2022-20114463 PDF
31-12-2020 abbreviated format 17-06-2021 2021-21200286 PDF
31-12-2019 abbreviated format 10-07-2020 2020-28900179 PDF
31-12-2018 abbreviated format 14-06-2019 2019-18700568 PDF
31-12-2017 abbreviated format 27-06-2018 2018-24900470 PDF
31-12-2016 abbreviated format 15-06-2017 2017-18100226 PDF

Show all 21 filings

Next steps