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HOBO

Active
Private limited companyfounded 1976active for 49 yearsWortegemseweg 51, 8790 Waregem, BelgiumKBO/BCE: BE 0416.762.973
Summary

HOBO has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €524,976 and a net result of €204,621. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 74% of 4,751 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
HOBOActiveChecked score 97/100
Risk analysis ReportCompare

Overview

Activity
Full-service restaurants
NACE 56111
Oldest company in Waregem, Accommodation and food service sector1 site
Size
€956,804total assets 2025
Staff
8.8 FTE
Equity
€524,976
Profit
€204,621
Turnover not published (abbreviated or micro format)
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Largest shareholder
Harent · 50%
2025 accounts 37 days early1 of 5 deeds summarised
Why 97raises riskSector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 1.77, cash €248,011Founded in 1976Equity €524,976 (54.9% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 74% of its sector peers (NACE 56, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 80+9
equity 54.9% of total assets
Liquidity 65+17
short-term debt 38.4% · cash 25.9%
Profitability 95+9
return on assets 21.4%
Bankruptcy probability, 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 1.8% (23,763 companies, NACE 56, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 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 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026highest value 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.77, compared with 1.53 in 2024, above the usual 1.5; short-term debt: 38.4% and cash: 25.9% of total assets), and 45.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 72% on solvency, 69% on liquidity, 83% on profitability and 74% on growth.

The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.77, cash €248,011
NBB · annual accounts
lowers risk · Founded in 1976
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Equity €524,976 (54.9% of total assets)
NBB · annual accounts
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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 days early
2024
8 days early
2023
7 days early
2022
21 days early
2021
23 days late
2020
52 days early
2019
63 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 24 days before the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% 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 23 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Highest result from 2018 to 2025net €204,621 ▲72.6%
  3. Equity above €500,000equity €524,976 ▲31.7%

Key points

  • Positive: Oldest company in Waregem, Accommodation and food service sectorin the Checked rankings No. 1 View
  • Caution: Staff fell in 2025from 25.2 FTE to 8.8 FTE ▼ 65.1% View
  • Positive: 8 profitable years in a rowprofit 2025: €204,621 8 years View
  • Active since 1976founded 30-12-1976 49 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€956,804
Profit
€204,621
Solvency
54.9%
Total assets▲ 11.3%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Largest shareholder
Harent · 50%
  • FrederieksDirector
  • HARENT Kristof Willy Alain GhislainDirector
Go to Board & ownership

Timeline

Events
54
Since
1978
Next accounts
by 31-07-2027
  1. 23-07-2025Annual accounts filed
  2. 24-07-2024Annual accounts filed
  3. 03-01-2024Resignations: FREDERIEKS (director) and HARENT (director)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
30-12-1976
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
22
Who signs
Each director alone
Annual meeting
First Saturday of June at 14:00
Purpose
“De groot- en kleinhandel, de commissiehandel, de in- en uitvoer, de vertegenwoordiging van…” (deed in Dutch)
Go to Articles of association

Key facts about HOBO

What is the company number of HOBO?
0416.762.973. In Belgium the VAT number is the company number with BE in front: BE 0416.762.973.
Where is HOBO based?
The registered office is at Wortegemseweg 51, 8790 Waregem.Company details
What does HOBO do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of HOBO?
Private limited company (BV).
When was HOBO founded?
On 30-12-1976.
Is HOBO still active?
Yes, HOBO is an active enterprise in the KBO register.
How many employees does HOBO have?
On average 8.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of HOBO?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is HOBO profitable?
In financial year 2025, HOBO made a profit of €204,621.
Where can I find the annual accounts of HOBO?
HOBO filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HOBO due?
By 31-07-2027, for financial year 2026.Timeline

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