HIPSTRO
InactiveOverview
Overview
Official details
Source: KBO- Status
- Inactive deed of incorporation of 31-03-2016 · last publication under the heading End on 11-01-2023
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
Board
- PAULYS BVBADirector
Shareholders
- Paulys100%· score 952021 annual accounts of Paulys
Financial position
No score
Annual accounts 2021
- Gross margin
- €105,634
- ▲ 35.3%
- Turnover
- ≈ €260,000
- estimated
- Profit
- €83,573
- ▲ 9.5%
- Equity
- €61,318
- Total assets
- €99,719
- ▲ 106%
Financials
Financials · financial year 2021, micro format
2021 annual accounts filed 30 days after the deadline Filed on 30 August 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20365063.
Annual accounts 2021 filed on 30-08-2022 PDF all 5 filings
Turnover
≈ €260,000
Estimated: probably between €180,000 and €410,000
Total assets
€99,719▲ 106%
2020 · €48,352
Net result
€83,573▲ 9.5%
2020 · €76,314
Working capital
€56,843
2020 · -€22,314
Multi-year overview
2018 to 2021, 4 financial yearsOperating result
€104,859
▲ 36.8%
2021
20182021
Net result
€83,573
▲ 9.5%
2021
20182021
Equity
€61,318
2021
20182021
Total assets
€99,719
▲ 106%
2021
20182021
Debt
€38,401
▼ 45.6%
2021
20182021
Working capital
€56,843
2021
20182021
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Operating result-€21,832--€10,702▲ 51.0%€76,677€104,859▲ 36.8%
Net result-€21,878--€10,750▲ 50.9%€76,314€83,573▲ 9.5%
Equity-€87,819--€98,569▼ 12.2%-€22,255▲ 77.4%€61,318
Total assets€10,657-€5,608▼ 47.4%€48,352▲ 762%€99,719▲ 106%
Debt€98,476-€104,177▲ 5.8%€70,607▼ 32.2%€38,401▼ 45.6%
Working capital-€94,835--€99,828▼ 5.3%-€22,314▲ 77.6%€56,843
The operating result for 2021 is 37% higher than in 2020 and the highest since 2018. It is the third rise in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €99,719
Fixed assets
€4,475 ▲ 76×
Current assets
€95,244 ▲ 97.2%
Equity and liabilities €99,719
Equity
€61,318
Debt
€38,401
Debt's share of the balance-sheet total is 38.5%.
Key figures and ratios
EBITDA
€105,287▲
2020 · €77,607
Cash flow
€84,001▲
2020 · €77,244
Current ratio
2.48▲
2020 · 0.68
Debt to equity
0.63
ROE
136.3%
ROA
83.8%▼
2020 · 157.8%
Interest coverage
over 100
Debt ≤ 1 year
€38,401▼
2020 · €70,607
Income taxes
€21,295
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 |
|---|---|
| Tangible fixed assets | €4,844 |
| Depreciation and write-downs of the year | €428 |
Source: notes to the 2021 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,544 | €5,757 | €930 | €428 | ▼ 54.0% |
| Other operating charges640/8 | - | - | - | €347 | - |
| Gross operating margin9900 | -€13,796 | -€4,499 | €78,054 | €105,634 | ▲ 35.3% |
| Operating profit (loss)9901 | -€21,832 | -€10,702 | €76,677 | €104,859 | ▲ 36.8% |
| Financial income75/76B | - | - | - | €43 | - |
| Recurring financial income75 | - | - | - | €43 | - |
| Financial charges65/66B | - | - | - | €34 | - |
| Recurring financial charges65 | €46 | €48 | €95 | €34 | ▼ 64.2% |
| Profit (loss) for the period before taxes9903 | -€21,878 | -€10,750 | €76,314 | €104,868 | ▲ 37.4% |
| Income taxes67/77 | - | - | - | €21,295 | - |
| Profit (loss) for the period9904 | -€21,878 | -€10,750 | €76,314 | €83,573 | ▲ 9.5% |
| Profit (loss) for the period to be appropriated9905 | -€21,878 | -€10,750 | €76,314 | €83,573 | ▲ 9.5% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €10,657 | €5,608 | €48,352 | €99,719 | ▲ 106% |
| Fixed assets21/28 | €7,016 | €1,259 | €59 | €4,475 | ▲ 76× |
| Tangible fixed assets22/27 | €7,016 | €1,259 | €59 | €4,475 | ▲ 76× |
| Plant, machinery and equipment23 | - | - | - | €4,475 | - |
| Current assets29/58 | €3,641 | €4,349 | €48,293 | €95,244 | ▲ 97.2% |
| Amounts receivable within one year40/41 | €217 | €556 | €121 | €11,969 | ▲ 99× |
| Trade receivables40 | - | - | - | €9,283 | - |
| Other amounts receivable41 | - | - | - | €2,686 | - |
| Cash at bank and in hand54/58 | €3,424 | €3,793 | €22,277 | €83,275 | ▲ 274% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €10,657 | €5,608 | €48,352 | €99,719 | ▲ 106% |
| Equity10/15 | -€87,819 | -€98,569 | -€22,255 | €61,318 | - |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | - |
| Issued capital100 | - | - | - | €18,600 | - |
| Reserves13 | - | - | - | €42,718 | - |
| Distributable reserves133 | - | - | - | €42,718 | - |
| Profit (loss) carried forward14 | -€106,419 | -€117,169 | -€40,855 | - | - |
| Amounts payable17/49 | €98,476 | €104,177 | €70,607 | €38,401 | ▼ 45.6% |
| Amounts payable within one year42/48 | €98,476 | €104,177 | €70,607 | €38,401 | ▼ 45.6% |
| Trade debts44 | - | - | - | €774 | - |
| Suppliers440/4 | - | - | - | €774 | - |
| Taxes, remuneration and social security45 | - | - | - | €23,735 | - |
| Taxes450/3 | - | - | - | €23,735 | - |
| Other amounts payable47/48 | - | - | - | €13,892 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,878 | -€10,750 | €76,314 | €83,573 | ▲ 9.5% |
| + Depreciation and write-downs630 | €7,544 | €5,757 | €930 | €428 | ▼ 54.0% |
| Operating cash flow (approximation) | -€14,334 | -€4,993 | €77,244 | €84,001 | ▲ 8.7% |
| Investment in fixed assets (approximation) | - | €0 | €270 | -€4,844 | - |
| Change in cash | - | €369 | €18,484 | €60,998 | ▲ 230% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 30-08-2022 | 2022-20365063 | |
| 31-12-2020 | micro format | 07-07-2021 | 2021-32000437 | |
| 31-12-2019 | micro format | 10-07-2020 | 2020-28500393 | |
| 31-12-2018 | micro format | 02-07-2019 | 2019-27800084 | |
| 31-12-2017 | micro format | 12-09-2018 | 2018-62900485 |
Board & ownership
Directors
Directors
1 director
PAULYS BVBA
Current
Director · Legal entity · listed in the 2021 annual accounts, filed on 30-08-2022
Owners and capital
Shareholders
1 ownerChain of control
- Paulys
- HIPSTRO
Owners 1
- PaulysparentSourceaccounts Paulys 2021Equity €74,926 Profit of €231,813 in 2025 (profit of €163,986 in 2024) Checked score 95100%
Network & group
Connections & network
1 current directorThe network starts from the directors of HIPSTRO. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
2023
11-01
Gazette deed
Dissolution with immediate closure of the liquidationAsset distribution · Custody of records7 points ▸
Gazette deed
Dissolution with immediate closure of the liquidation
Asset distribution · Custody of records7 points ▸
- General meeting, 20-12-2022
- Dissolution, 20-12-2022
- Liquidation closure, 20-12-2022
- Asset distribution, “eenparigheid, resterende activa” (deed in Dutch)
- Other provision, “consignatie van gelden en waarden voor schuldeisers of vennoten” (deed in Dutch)
- Custody of records, “boeken en bescheiden van de vennootschap, Celestijnenlaan 18 C 3001 Leuven (Heverlee)” (deed in Dutch)
- Other provision, “BE0650.846.046, registratie-identifiers” (deed in Dutch)
2022
30-08
micro format · 30 days late
2021
31-12
Financial
Highest result from 2018 to 2021net €83,573 ▲9.5%
The operating result of €104,859 and the net result of €83,573 are both a record.
31-12
Financial
Liquidity more than triplescurrent ratio 2.48
The current ratio rises from 0.68 to 2.48. Short-term debt falls from €70,607 to €38,401.
07-07
micro format · 24 days before the deadline
2020
31-12
Financial
Back to profitnet €76,314
The net result is €76,314, after 2 loss-making years.
10-07
micro format · 21 days before the deadline
2019
02-07
micro format · 29 days before the deadline
2018
12-09
micro format · 43 days late
2016
31-03
3 publications in the Belgian Official Gazette, the last on 11-01-2023
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Inactive
HIPSTRO is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 31 December 2021
- Last registered office
- Celestijnenlaan 18 C, 3001 Heverlee (Leuven)as published on 11 January 2023
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 2017