HOFKIP & CO
ActiveSummary
HOFKIP & CO has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €399k and a net result of €17k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 25% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▼-5
Solvency37▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.23 against 0.15 in 2024; short-term debt: 9.3% and cash: 1.3% of total assets), and 88.4% of the assets are financed with debt.
Credit advice 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.6%
Return on assets
0.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 4539 sector peers (2025).
NBB · sector comparisonPosition among 4539 sector peers
Solvency
better than 25%
← weakest
strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
15 d early
2023
20 d early
2022
25 d early
2021
4 d late
2020
25 d late
2019
24 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€17k▼ 57.0%
2024 · €40k
2018: €-3k
2019: €13k
2020: €-5k
2021: €15k
2022: €7k
2023: €20k
2024: €40k
2018 → 2025
Working capital
€-246k▲ 9.5%
2024 · €-272k
2018: €-915k
2019: €-1.28M
2020: €-1.27M
2021: €-1.29M
2022: €-1.38M
2023: €-1.55M
2024: €-272k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€314k-€321k▲ 2.4%€341k▲ 6.3%€381k▲ 11.8%€399k▲ 4.5%
Operating result€16k-€10k▼ 36.1%€32k▲ 202%€69k▲ 118%€44k▼ 36.2%
Net result€15k-€7k▼ 49.5%€20k▲ 171%€40k▲ 101%€17k▼ 57.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.45M
Fixed assets
€3.38M ▼ 2.9%
Current assets
€73k ▲ 56.5%
Equity and liabilities €3.45M
Equity
€399k ▲ 4.5%
Provisions
€58k ▼ 6.0%
Debt
€2.99M ▼ 2.8%
Debt's share of the balance-sheet total falls from 87.4% to 86.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€144k▼
2024 · €169k
Cash flow
€118k▼
2024 · €141k
Current ratio
0.23▲
2024 · 0.15
Debt to equity
7.50▼
2024 · 8.07
ROE
4.4%▼
2024 · 10.6%
ROA
0.5%▼
2024 · 1.1%
Interest coverage
4.76▼
2024 · 5.24
Debt ≤ 1 year
€320k▲
2024 · €319k
Debt > 1 year
€2.67M▼
2024 · €2.76M
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 · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.52M€3.45M▼
Fixed assets21/28€3.48M€3.38M▼
Tangible fixed assets22/27€3.48M€3.38M▼
Land and buildings22€3.48M€3.38M▼
Current assets29/58€47k€73k▲
Amounts receivable within one year40/41€32k€28k▼
Trade receivables40€31k€26k▼
Other amounts receivable41€803€2k▲
Cash at bank and in hand54/58€15k€46k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€3.52M€3.45M▼
Equity10/15€381k€399k▲
Contributions10/11€196k€196k=
Capital10€196k€196k=
Issued capital100€196k€196k=
Reserves13€198k€191k▼
Non-distributable reserves130/1€65€689▲
Legal reserve130€65€689▲
Tax-exempt reserves132€197k€189k▼
Distributable reserves133€650€650=
Profit (loss) carried forward14€-12k€12k▲
Provisions and deferred taxes16€62k€58k▼
Deferred taxes168€62k€58k▼
Amounts payable17/49€3.08M€2.99M▼
Amounts payable after more than one year17€2.76M€2.67M▼
Financial debts170/4€1.44M€1.35M▼
Other amounts payable178/9€1.33M€1.33M=
Amounts payable within one year42/48€319k€320k▲
Current portion of amounts payable after more than one year42€88k€88k=
Trade debts44€995€2k▲
Suppliers440/4€995€2k▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€230k€230k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€100k€100k=
Other operating charges640/8€16k€15k▼
Gross operating margin9900€186k€160k▼
Operating profit (loss)9901€69k€44k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€32k€30k▼
Recurring financial charges65€32k€30k▼
Profit (loss) for the period before taxes9903€37k€14k▼
Transfer from deferred taxes780€4k€4k=
Profit (loss) for the period9904€40k€17k▼
Transfer from tax-exempt reserves789€7k€7k=
Profit (loss) for the period to be appropriated9905€48k€25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€12k▲
Profit (loss) brought forward from the previous period14P€-60k€-12k▲
Transfer to equity691/2-€625
To the legal reserve6920-€625
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €40k ▲101%
Operating result €69k, net result €40k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
2021
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
31-12
Financial
Weakest financial yearnet €-5k ▼141%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 24 days late
2019
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Roeselare · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Populierstraat 1228800 RoeselareGround area
5,948 m²
Building footprint
282 m²
Volume, LiDAR
1,771 m³
Parcel 36502B1633/00D000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hofkip & Co
since 19942.069.028.311
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36502B1633/00D000 | Flanders | 5,948 m² | 1 · 282 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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DUVANTEX
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PBM Investment
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Nidimmo
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Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 4,420 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-09-1994
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.