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HOBO

Active Non-profit associationfounded 1992active for 34 yearsKogelstraat 24, 1000 BrusselsKBO/BCE: BE 0447.445.261

Lifetime

10 annual accounts with figures on one time axis, 11 filings since 2006
peak €885,031 (2024)
€767,912▼ 13.2%
lowest -€8,122 (2007)
-€1,011▼ €1,205
peak €37,184 (2024)
€36,174▼ 2.7%
€171,567▼ 8.1%
peak 13.4 FTE (2024)
12 FTE▼ 10.4%
Board7 names since 2017
4 directors and 3 others
Documentsfilings and deeds
29-06-202632 days before the deadline
2025abbreviated format
Gross margin from €885,031 to €767,912Loss of €1,011Staff from 13.4 FTE to 12 FTECash from €47,053 to €155,717

Key points

from the 2025 annual accounts

Turnover

≈ €900,000 estimated

The accounts state no turnover.

Staff

12 employees on 31-12-2025
37202174202276202312920246112025

In 2025, 6 people joined and 11 left.

Payment terms

77 days to suppliers
Suppliers
44 to 77

HOBO pays its suppliers 33 days later than in 2024.

Liquidity

8.57 was 14.00 in 2024

Short-term debts rose from €20,255 to €30,586.

Filings

11 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

Four of the last ten came late. The 2019 accounts came latest: 83 days after the end of the period.

Position in the sector

€36,174

Less equity than 88% of companies in social work without accommodation. Sector median €478,787 · 867 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,506 companies had the same profile as HOBO has now. Each dot stands for 7 companies, two years later.

96.4%
were still trading
1.8%
stopped another way
1.6%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a small loss

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 2,506 companies, not a prediction for HOBO. 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.

Credit verdict

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Signals

Board and ownership

Chair
Director
Director, since 25-04-2023
Director, since 25-04-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0447445261
2 directors appointed, 3 resignations, 3 reappointments Resignations: , and · Reappointments: , (chair) and · Appointments: and · General meeting of 25-04-2023 · Gazette deed
Amendment of the articles · Resignations & appointments General meeting of 25-04-2023 · Gazette deed
New establishment in Brussels Hobo kogelstraat 18, Kogelstraat 18
All 22 events

Comparable companies

same main activity, similar in size and age
Company
HOBO Brussels €292,054 €767,912 12.4% 12
Relais Enfants - Parents Saint-Josse-ten-Noode €272,850 €757,828 58.4% 10.8
SOCIALE ACTIE VAN BRUSSEL Brussels €233,853 €732,979 20.9% 10.9
S.O.S. Viol Sint-Gillis (bij-Brussel) €328,455 €778,922 45.1% 9.7
Alias Brussels €444,251 €909,720 17.2% 12.1
Centre de Télé-Accueil de Bruxelles Brussels €195,242 €671,433 60.9% 6.2
MONTFORT CENTER Jette €494,465 €554,152 86.7% 10.2

These companies have the same main activity as HOBO: social work activities without accommodation (NACE 88994). They are comparable in size and age: total assets between €195,000 and €494,000, founded between 1975 and 2009.

Official details

Source: KBO
Status
Active since 11-02-1992Normal situation
Activity
Social work activities without accommodationNACE 88994
Establishment units
2.156.429.2691000 Brussels, since 04-10-2006
2.336.974.7751000 Brussels, since 01-05-2015and 1 other
Financial year end
31 December
Peppol
Reachable since 29-12-2025
Company details

Annual accounts 2025

€292,054▼ 5.2%
Employeeson 31-12-2025
12▼ 29.4%
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on HOBO

HOBO files the abbreviated format. That format states no turnover. The gross margin rose from €401,758 in 2007 to €767,912 in 2025.

In July 2024, three directors stepped down.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about HOBO

What is the company number of HOBO?
The company number of HOBO is 0447.445.261. The VAT number is the same number with BE in front: BE 0447.445.261.
Where is HOBO based?
The registered office is at Kogelstraat 24, 1000 Brussels.Company details
What does HOBO do?
According to the KBO register, the main activity is social work activities without accommodation (NACE 88994).
What is the legal form of HOBO?
HOBO is a non-profit association (VZW).
When was HOBO founded?
HOBO was founded on 11-02-1992.
Is HOBO still active?
Yes, HOBO is an active enterprise in the KBO register.
How many employees does HOBO have?
HOBO had an average of 12 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of HOBO?
The turnover in financial year 2025 is ≈ €900,000. This figure is estimated from the gross margin of €767,912 and 30 comparable companies (NACE 889). It probably lies between €850,000 and €1.0m.
Is HOBO profitable?
In financial year 2025, HOBO made a loss of €1,011.
Where can I find the annual accounts of HOBO?
HOBO filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HOBO due?
HOBO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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