HOBERG
ActiveSummary
HOBERG has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.39M and a net result of €530k. Equity is growing by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 92% of 5989 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability82▲+1
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €360k at 30 days acceptable
Liquidity ample (current ratio 6.84 against 6.12 in 2023; short-term debt: 12.8% and cash: 17.6% of total assets), and 14.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
85.4%
Return on assets
10.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
26 d early
2022
14 d early
2021
40 d early
2020
1 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€530k▲ 19.0%
2023 · €445k
2019: €522k
2019: €296klowest value
2020: €446k▲ +51.0% vs 2019
2021: €482k▲ +8.0% vs 2020
2022: €603k▲ +25.0% vs 2021highest value
2023: €445k▼ -26.1% vs 2022
2024: €530k▲ +19.0% vs 2023
2019 → 2024
Working capital
€3.85M▲ 11.0%
2023 · €3.47M
2019: €1.48Mlowest value
2019: €1.62M
2020: €2.08M▲ +28.7% vs 2019
2021: €2.44M▲ +17.1% vs 2020
2022: €3.03M▲ +24.1% vs 2021
2023: €3.47M▲ +14.7% vs 2022
2024: €3.85M▲ +11.0% vs 2023highest value
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.33M-€2.81M▲ 20.7%€3.41M▲ 21.5%€3.86M▲ 13.0%€4.39M▲ 13.7%
2020: €2.33Mlowest in 5 years
2021: €2.81M▲ +20.7% vs 2020
2022: €3.41M▲ +21.5% vs 2021
2023: €3.86M▲ +13.0% vs 2022
2024: €4.39M▲ +13.7% vs 2023highest in 5 years
Operating result€701k-€730k▲ 4.1%€910k▲ 24.6%€700k▼ 23.1%€781k▲ 11.6%
2020: €701k
2021: €730k▲ +4.1% vs 2020
2022: €910k▲ +24.6% vs 2021highest in 5 years
2023: €700k▼ -23.1% vs 2022lowest in 5 years
2024: €781k▲ +11.6% vs 2023
Net result€446k-€482k▲ 8.0%€603k▲ 25.0%€445k▼ 26.1%€530k▲ 19.0%
2020: €446k
2021: €482k▲ +8.0% vs 2020
2022: €603k▲ +25.0% vs 2021highest in 5 years
2023: €445k▼ -26.1% vs 2022lowest in 5 years
2024: €530k▲ +19.0% vs 2023
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 12% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.14M
Fixed assets
€622k ▲ 18.5%
Current assets
€4.51M ▲ 8.8%
Equity and liabilities €5.14M
Equity
€4.39M ▲ 13.7%
Provisions
€14k ▼ 26.2%
Debt
€737k ▼ 7.9%
Debt's share of the balance-sheet total falls from 17.1% to 14.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€874k▲
2023 · €780k
Cash flow
€623k▲
2023 · €525k
Current ratio
6.84▲
2023 · 6.12
Quick ratio
5.69▲
2023 · 4.79
Debt to equity
0.17▼
2023 · 0.21
ROE
12.1%▲
2023 · 11.5%
ROA
10.3%▲
2023 · 9.5%
Interest coverage
7.05▲
2023 · 6.93
Debt ≤ 1 year
€660k▼
2023 · €677k
Debt > 1 year
€52k▼
2023 · €99k
Income taxes
€213k▲
2023 · €199k
Staff costs
€1.86M▲
2023 · €1.81M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 58 lines
Balance sheet
Code20232024
Assets
Total assets20/58€4.67M€5.14M▲
Fixed assets21/28€525k€622k▲
Intangible fixed assets21€11k€4k▼
Tangible fixed assets22/27€514k€619k▲
Land and buildings22€408k€375k▼
Plant, machinery and equipment23€104k€243k▲
Furniture and vehicles24€2k€1k▼
Current assets29/58€4.15M€4.51M▲
Stocks and contracts in progress3€903k€764k▼
Stocks30/36€903k€764k▼
Amounts receivable within one year40/41€1.38M€2.82M▲
Trade receivables40€296k€231k▼
Other amounts receivable41€1.09M€2.59M▲
Cash at bank and in hand54/58€1.84M€903k▼
Deferred charges and accrued income490/1€20k€31k▲
Equity and liabilities
Total equity and liabilities10/49€4.67M€5.14M▲
Equity10/15€3.86M€4.39M▲
Contributions10/11€90k€90k=
Capital10€90k€90k=
Issued capital100€90k€90k=
Reserves13€1.09M€1.08M▼
Non-distributable reserves130/1€9k€9k=
Legal reserve130€9k€9k=
Tax-exempt reserves132€58k€44k▼
Distributable reserves133€1.02M€1.02M=
Profit (loss) carried forward14€2.67M€3.22M▲
Provisions and deferred taxes16€18k€14k▼
Deferred taxes168€18k€14k▼
Amounts payable17/49€800k€737k▼
Amounts payable after more than one year17€99k€52k▼
Financial debts170/4€99k€52k▼
Amounts payable within one year42/48€677k€660k▼
Current portion of amounts payable after more than one year42€47k€47k▲
Trade debts44€383k€332k▼
Suppliers440/4€383k€332k▼
Taxes, remuneration and social security45€248k€280k▲
Taxes450/3€65k€86k▲
Remuneration and social security454/9€182k€194k▲
Accrued charges and deferred income492/3€23k€25k▲
Income statement
Code20232024
Remuneration, social security and pensions62€1.81M€1.86M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80k€94k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€691k€-137k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€3.28M€2.60M▼
Operating profit (loss)9901€700k€781k▲
Financial income75/76B€52k€81k▲
Recurring financial income75€52k€81k▲
Financial charges65/66B€113k€124k▲
Recurring financial charges65€113k€124k▲
Profit (loss) for the period before taxes9903€639k€738k▲
Transfer from deferred taxes780€5k€5k=
Income taxes67/77€199k€213k▲
Profit (loss) for the period9904€445k€530k▲
Transfer from tax-exempt reserves789€15k€15k=
Profit (loss) for the period to be appropriated9905€459k€544k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.67M€3.22M▲
Profit (loss) brought forward from the previous period14P€2.22M€2.67M▲
Social balance
Average headcount (FTE)908723.324.6▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €60 | €0 | - | - | - |
| Remuneration, social security and pensions62 | - | €1.40M | €1.54M | €1.81M | €1.86M | ▲ 2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €85k | €68k | €74k | €80k | €94k | ▲ 16.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-2k | €-97k | €691k | €-137k | ▼ 120% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-23k | €0 | - | - | - |
| Other operating charges640/8 | - | €4k | €4k | €5k | €5k | ▲ 4.0% |
| Gross operating margin9900 | €2.07M | €2.17M | €2.43M | €3.28M | €2.60M | ▼ 20.8% |
| Operating profit (loss)9901 | €701k | €730k | €910k | €700k | €781k | ▲ 11.6% |
| Financial income75/76B | - | €30k | €26k | €52k | €81k | ▲ 55.7% |
| Recurring financial income75 | €27k | €30k | €26k | €52k | €81k | ▲ 55.7% |
| Financial charges65/66B | - | €108k | €111k | €113k | €124k | ▲ 10.1% |
| Recurring financial charges65 | €87k | €108k | €111k | €113k | €124k | ▲ 10.1% |
| Profit (loss) for the period before taxes9903 | €641k | €652k | €825k | €639k | €738k | ▲ 15.4% |
| Transfer from deferred taxes780 | - | €5k | €5k | €5k | €5k | = |
| Income taxes67/77 | €200k | €175k | €228k | €199k | €213k | ▲ 6.9% |
| Profit (loss) for the period9904 | €446k | €482k | €603k | €445k | €530k | ▲ 19.0% |
| Transfer from tax-exempt reserves789 | - | €15k | €15k | €15k | €15k | = |
| Profit (loss) for the period to be appropriated9905 | €460k | €496k | €617k | €459k | €544k | ▲ 18.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.25M | €3.60M | €4.35M | €4.67M | €5.14M | ▲ 9.9% |
| Fixed assets21/28 | €553k | €606k | €567k | €525k | €622k | ▲ 18.5% |
| Intangible fixed assets21 | - | - | €18k | €11k | €4k | ▼ 67.0% |
| Tangible fixed assets22/27 | €553k | €606k | €549k | €514k | €619k | ▲ 20.3% |
| Land and buildings22 | - | €474k | €441k | €408k | €375k | ▼ 8.1% |
| Plant, machinery and equipment23 | - | €129k | €105k | €104k | €243k | ▲ 132% |
| Furniture and vehicles24 | - | €4k | €3k | €2k | €1k | ▼ 42.4% |
| Current assets29/58 | €2.70M | €2.99M | €3.78M | €4.15M | €4.51M | ▲ 8.8% |
| Stocks and contracts in progress3 | €910k | €925k | €1.12M | €903k | €764k | ▼ 15.4% |
| Stocks30/36 | - | €925k | €1.12M | €903k | €764k | ▼ 15.4% |
| Amounts receivable within one year40/41 | €549k | €326k | €923k | €1.38M | €2.82M | ▲ 104% |
| Trade receivables40 | - | €261k | €352k | €296k | €231k | ▼ 22.0% |
| Other amounts receivable41 | - | €64k | €571k | €1.09M | €2.59M | ▲ 138% |
| Cash at bank and in hand54/58 | €1.22M | €1.73M | €1.73M | €1.84M | €903k | ▼ 51.1% |
| Deferred charges and accrued income490/1 | - | €12k | €6k | €20k | €31k | ▲ 51.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.25M | €3.60M | €4.35M | €4.67M | €5.14M | ▲ 9.9% |
| Equity10/15 | €2.33M | €2.81M | €3.41M | €3.86M | €4.39M | ▲ 13.7% |
| Contributions10/11 | €90k | €90k | €90k | €90k | €90k | = |
| Capital10 | - | - | €90k | €90k | €90k | = |
| Issued capital100 | - | - | €90k | €90k | €90k | = |
| Reserves13 | €1.13M | €1.12M | €1.11M | €1.09M | €1.08M | ▼ 1.3% |
| Non-distributable reserves130/1 | - | €9k | €9k | €9k | €9k | = |
| Legal reserve130 | - | - | €9k | €9k | €9k | = |
| Reserves not available under the articles1311 | - | €9k | - | - | - | - |
| Tax-exempt reserves132 | - | €87k | €73k | €58k | €44k | ▼ 24.9% |
| Distributable reserves133 | - | €1.02M | €1.02M | €1.02M | €1.02M | = |
| Profit (loss) carried forward14 | €1.10M | €1.60M | €2.22M | €2.67M | €3.22M | ▲ 20.3% |
| Provisions and deferred taxes16 | €56k | €28k | €23k | €18k | €14k | ▼ 26.2% |
| Deferred taxes168 | - | €28k | €23k | €18k | €14k | ▼ 26.2% |
| Amounts payable17/49 | €871k | €763k | €912k | €800k | €737k | ▼ 7.9% |
| Amounts payable after more than one year17 | €237k | €192k | €146k | €99k | €52k | ▼ 47.6% |
| Financial debts170/4 | - | €192k | €146k | €99k | €52k | ▼ 47.6% |
| Amounts payable within one year42/48 | €617k | €555k | €753k | €677k | €660k | ▼ 2.6% |
| Current portion of amounts payable after more than one year42 | - | €45k | €46k | €47k | €47k | ▲ 1.4% |
| Trade debts44 | €249k | €264k | €352k | €383k | €332k | ▼ 13.3% |
| Suppliers440/4 | - | €264k | €352k | €383k | €332k | ▼ 13.3% |
| Taxes, remuneration and social security45 | - | €246k | €356k | €248k | €280k | ▲ 13.1% |
| Taxes450/3 | - | €105k | €201k | €65k | €86k | ▲ 31.2% |
| Remuneration and social security454/9 | - | €141k | €155k | €182k | €194k | ▲ 6.6% |
| Accrued charges and deferred income492/3 | - | €17k | €13k | €23k | €25k | ▲ 7.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €446k | €482k | €603k | €445k | €530k | ▲ 19.0% |
| + Depreciation and write-downs630 | €85k | €68k | €74k | €80k | €94k | ▲ 16.7% |
| Operating cash flow (approximation) | €531k | €550k | €676k | €525k | €623k | ▲ 18.7% |
| Investment in fixed assets (approximation) | - | €-121k | €-35k | €-38k | €-191k | ▼ 398% |
| Change in cash | - | €509k | €215 | €113k | €-942k | ▼ 933% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2019net €603k ▲25%
Operating result €910k, net result €603k, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €2MEq €2.33M ▲23.7%
3 profitable years in a row build equity to €2.33M.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €296k ▼43.3%
Net result drops to €296k, the lowest in the series; recovery starts the following year.
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
14 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, Wavre · 1 establishment unit since 1976
Ground area
1,710 m²
Building footprint
608 m²
Parcel 25112C0079/00D002, Wallonia. Linked by address, not a title deed.
1 establishment unit
HOBERG NV
since 19762.012.847.493
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112C0079/00D002 | Wallonia | 1,710 m² | 1 · 608 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,136 companies in sector 46130 we hold annual accounts for 646. 143 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded07-09-1976
Fiscal year end31-12
Activities, NACEBEL 2025
46130Agents in the wholesale of timber and building materials
46431Wholesale of electrical household appliances and audio-video equipment
46841Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.