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.
Credit check for your own amount and term
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)
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
Similar companies · same sector, comparable size
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BE 0630.821.880
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Familly Burger Ciney
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FRISELE
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BARC
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Of 21,861 companies in sector 56112 we hold annual accounts for 9,773. 6,733 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.