HOGENBERG
ActiveSummary
HOGENBERG has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €196k and a net result of €54k. Equity is growing by ~35.3% per year across the filed fiscal years. Its solvency ranks better than 94% of 18936 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability99▲+12
Solvency100▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 6.34 against 3.34 in 2023; short-term debt: 13.9% and cash: 79.8% of total assets), and 13.9% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
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 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
34 d early
2022
11 d early
2021
32 d early
2020
25 d late
2019
24 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Is this a good employer? Staff, turnover and training against the sector.Employer check
Financials · fiscal year 2024, micro schema
Equity
€196k▲ 36.7%
2023 · €143k
Total assets
€228k▲ 18.1%
2023 · €193k
Net result
€54k▲ 94.2%
2023 · €28k
Working capital
€169k▲ 46.5%
2023 · €115k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€40k▲ 109%€34k▼ 14.6%€23k▼ 32.7%€36k▲ 56.0%€77k▲ 113%
Net result€34k▲ 75.2%€28k▼ 18.6%€17k▼ 37.4%€28k▲ 62.1%€54k▲ 94.2%
Equity€75k▲ 74.5%€101k▲ 34.3%€117k▲ 15.4%€143k▲ 22.5%€196k▲ 36.7%
Total assets€149k▲ 24.3%€167k▲ 11.8%€152k▼ 8.9%€193k▲ 26.7%€228k▲ 18.1%
Debt€74k▼ 4.0%€66k▼ 11.2%€35k▼ 46.6%€49k▲ 40.8%€32k▼ 35.9%
Working capital€23k€57k▲ 151%€88k▲ 54.9%€115k▲ 30.9%€169k▲ 46.5%
Staff (FTE)2▲ 17.6%6.8▲ 240%6.4▼ 5.9%6.2▼ 3.1%7.5▲ 21.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 113% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €228k
Fixed assets
€27k ▼ 3.6%
Current assets
€200k ▲ 21.8%
Equity and liabilities €228k
Equity
€196k ▲ 36.7%
Debt
€32k ▼ 35.9%
Debt's share of the balance-sheet total falls from 25.6% to 13.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€83k▲
2023 · €43k
Cash flow
€60k▲
2023 · €35k
Current ratio
6.34▲
2023 · 3.34
Quick ratio
5.85▲
2023 · 2.97
Debt to equity
0.16▼
2023 · 0.34
ROE
27.7%▲
2023 · 19.5%
ROA
23.8%▲
2023 · 14.5%
Interest coverage
31.23▲
2023 · 27.02
Debt ≤ 1 year
€32k▼
2023 · €49k
Income taxes
€22k▲
2023 · €12k
Staff costs
€44k▼
2023 · €64k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €40k | €52k | €64k | €44k | ▼ 31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €15k | €13k | €7k | €6k | ▼ 7.6% |
| Other operating charges640/8 | - | €2k | €3k | €3k | €3k | ▲ 3.6% |
| Gross operating margin9900 | €91k | €92k | €91k | €110k | €130k | ▲ 18.0% |
| Operating profit (loss)9901 | €40k | €34k | €23k | €36k | €77k | ▲ 113% |
| Financial income75/76B | - | €4k | €4k | €5k | €3k | ▼ 48.1% |
| Recurring financial income75 | €4k | €4k | €4k | €5k | €3k | ▼ 48.1% |
| Financial charges65/66B | - | €503 | €843 | €2k | €3k | ▲ 68.1% |
| Recurring financial charges65 | €361 | €503 | €843 | €2k | €3k | ▲ 68.1% |
| Profit (loss) for the period before taxes9903 | €44k | €37k | €26k | €39k | €77k | ▲ 94.1% |
| Income taxes67/77 | €10k | €10k | €9k | €12k | €22k | ▲ 93.9% |
| Profit (loss) for the period9904 | €34k | €28k | €17k | €28k | €54k | ▲ 94.2% |
| Profit (loss) for the period to be appropriated9905 | €34k | €28k | €17k | €28k | €54k | ▲ 94.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €149k | €167k | €152k | €193k | €228k | ▲ 18.1% |
| Fixed assets21/28 | €53k | €45k | €33k | €28k | €27k | ▼ 3.6% |
| Tangible fixed assets22/27 | €50k | €41k | €30k | €25k | €24k | ▼ 3.1% |
| Plant, machinery and equipment23 | - | €15k | €12k | €10k | €12k | ▲ 18.6% |
| Furniture and vehicles24 | - | €9k | €2k | €2k | €1k | ▼ 35.1% |
| Other tangible fixed assets26 | - | €17k | €15k | €13k | €11k | ▼ 16.2% |
| Financial fixed assets28 | €3k | €3k | €3k | €3k | €3k | ▼ 7.6% |
| Current assets29/58 | €96k | €122k | €119k | €165k | €200k | ▲ 21.8% |
| Stocks and contracts in progress3 | €12k | €13k | €16k | €18k | €15k | ▼ 14.8% |
| Stocks30/36 | - | €13k | €16k | €18k | €15k | ▼ 14.8% |
| Amounts receivable within one year40/41 | €8k | €10k | €6k | €6k | €283 | ▼ 94.9% |
| Trade receivables40 | - | €7k | €3k | €2k | €283 | ▼ 85.9% |
| Other amounts receivable41 | - | €3k | €3k | €4k | - | - |
| Cash at bank and in hand54/58 | €74k | €97k | €92k | €135k | €182k | ▲ 34.2% |
| Deferred charges and accrued income490/1 | - | €3k | €5k | €5k | €3k | ▼ 43.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €149k | €167k | €152k | €193k | €228k | ▲ 18.1% |
| Equity10/15 | €75k | €101k | €117k | €143k | €196k | ▲ 36.7% |
| Contributions10/11 | - | €20k | €20k | €20k | €20k | = |
| Outside capital11 | - | €20k | €20k | €20k | €20k | = |
| Other1109/19 | - | €20k | €20k | €20k | €20k | = |
| Reserves13 | €55k | €81k | €96k | €123k | €175k | ▲ 42.8% |
| Non-distributable reserves130/1 | - | €5k | €5k | €5k | €5k | = |
| Reserves not available under the articles1311 | - | €5k | €5k | €5k | €5k | = |
| Distributable reserves133 | - | €76k | €91k | €118k | €170k | ▲ 44.6% |
| Profit (loss) carried forward14 | €561 | €561 | €561 | €561 | €561 | = |
| Amounts payable17/49 | €74k | €66k | €35k | €49k | €32k | ▼ 35.9% |
| Amounts payable within one year42/48 | €74k | €66k | €31k | €49k | €32k | ▼ 35.9% |
| Trade debts44 | €7k | €8k | €10k | €35k | €7k | ▼ 81.1% |
| Suppliers440/4 | - | €8k | €10k | €35k | €7k | ▼ 81.1% |
| Taxes, remuneration and social security45 | - | €7k | €10k | €8k | €18k | ▲ 137% |
| Taxes450/3 | - | €4k | €5k | €4k | €15k | ▲ 253% |
| Remuneration and social security454/9 | - | €3k | €5k | €3k | €3k | ▼ 18.9% |
| Other amounts payable47/48 | - | €50k | €12k | €7k | €7k | ▲ 0.7% |
| Accrued charges and deferred income492/3 | - | - | €4k | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34k | €28k | €17k | €28k | €54k | ▲ 94.2% |
| + Depreciation and write-downs630 | €14k | €15k | €13k | €7k | €6k | ▼ 7.6% |
| Operating cash flow (approximation) | €48k | €42k | €30k | €35k | €60k | ▲ 74.5% |
| Investment in fixed assets (approximation) | - | €-6k | €-1k | €-2k | €-5k | ▼ 161% |
| Change in cash | - | €23k | €-5k | €44k | €46k | ▲ 6.2% |
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
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €54k ▲94.2%
Operating result €77k, net result €54k, both a record.
31-12
Financial
Equity above €150kEq €196k ▲36.7%
7 profitable years in a row build equity to €196k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €17k ▼37.4%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 3.82
Current ratio from 1.87 to 3.82; short-term debt falls from €66k to €31k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €101k ▲34.3%
4 profitable years in a row build equity to €101k.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 3 days late
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Pajottegem · 1 establishment unit since 2009
Ground area
715 m²
Building footprint
166 m²
Volume, LiDAR
681 m³
Parcel 23042A0281/00E000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Hogenberg
since 20092.176.428.887
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23042A0281/00E000 | Flanders | 715 m² | 1 · 166 m² | 6.4 m · 1 fl. |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 sitePajottegem2.176.428.887
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Of 21,861 companies in sector 56112 we hold annual accounts for 9,778. 6,735 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-02-2009
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.