Equity
€167,535 from €395,285 in 2016
Equity fell by 58% in 9 years.
HOPPAZ
Lifetime
18 annual accounts with figures on one time axis, 20 filings since 2006peak €1.4m (2025)
€1.4m▲ 5.7%
lowest -€83,494 (2022)
-€34,928▲ €15,210
peak €395,285 (2016)
€167,535▼ 16.1%
€208,272▲ 2.8%
peak 22 FTE (2022)
21 FTE▼ 4.5%
Board7 names since 2016
5 directors and 4 others
Documentsfilings and deeds
07-07-202624 days before the deadline
2025abbreviated format
Loss of €34,928Equity from €199,677 to €167,535
Key points
from the 2025 annual accountsDeficits
-€85,066 in two years
The 2024 and 2025 financial years closed with a deficit. 2024 was the heaviest.
Payment terms
36 days to suppliers
HOPPAZ pays its suppliers 8 days earlier than in 2024. Customers pay 18 days later.
Filings
20 annual accounts since 2006
The last five annual accounts were filed 24 to 36 days before the end of the period.
Position in the sector
-€34,928
Lower net result than 85% of companies in social work without accommodation. Sector median €20,185 · 860 companies.
Public support
€4.2m awarded from 2022 to 2025
Flemish support, mostly Subsidies voorschoolse kinderopvang.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 8,613 companies had the same profile as HOPPAZ has now. Each dot stands for 22 companies, two years later.
94.1%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% 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.
| 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 8,613 companies, not a prediction for HOPPAZ. 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0878536324
5 directors reappointed
, , , and · Gazette deed
2 directors appointed, 2 resignations
Resignations: and · Appointments: and · Gazette deed
Resignation: (director)
Appointment: (director) · General meeting of 22-04-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HOPPAZ Edegem | €350,332 | -10.3% | 44.6% | 21 |
| Les Amis d'Aladdin Schaerbeek | €82,625 | 14.7% | 45.0% | 18.7 |
| Ressources et Actions pour l'Insertion et le Développement social Verviers | - | - | 50.6% | 20.4 |
| DE BIJTJES MXM Antwerp | - | - | 19.0% | 22.2 |
| PINKELTJE Kapellen | - | - | 9.0% | 29.5 |
| Crèche Les CHwa'ptis Tournai | €260,229 | 0.3% | 13.0% | 21.1 |
| Kinderbegeleiding Vorst Forest | - | - | 76.6% | 16.8 |
Grey: the largest companies of the sector (social work without accommodation (NACE 88)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as HOPPAZ: day nurseries and crèches (NACE 88911). They are comparable in size and age: total assets between €339,000 and €587,000, founded between 1993 and 2014.
Official details
Source: KBO- Status
- Active since 22-12-2005Normal situation
- Activity
- Day nurseries and crèchesNACE 88911
- Establishment unit
- 2.155.145.1092650 Edegem, since 18-07-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 23-09-2025
Annual accounts 2025
- €375,807▼ 6.6%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on HOPPAZ
HOPPAZ files the abbreviated format. That format states no turnover. The gross margin rose from €784,310 in 2008 to €1.4m in 2025.
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 HOPPAZ
- What is the company number of HOPPAZ?
- The company number of HOPPAZ is 0878.536.324. The VAT number is the same number with BE in front: BE 0878.536.324.
- Where is HOPPAZ based?
- The registered office is at Wilrijkstraat 12, 2650 Edegem.Company details
- What does HOPPAZ do?
- According to the KBO register, the main activity is day nurseries and crèches (NACE 88911).
- What is the legal form of HOPPAZ?
- HOPPAZ is a non-profit association (VZW).
- When was HOPPAZ founded?
- HOPPAZ was founded on 22-12-2005.
- Is HOPPAZ still active?
- Yes, HOPPAZ is an active enterprise in the KBO register.
- How many employees does HOPPAZ have?
- HOPPAZ had an average of 21 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of HOPPAZ?
- The turnover of HOPPAZ was €350,332 in financial year 2025, according to the filed annual accounts.
- Is HOPPAZ profitable?
- In financial year 2025, HOPPAZ made a loss of €34,928.
- Where can I find the annual accounts of HOPPAZ?
- HOPPAZ filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HOPPAZ due?
- HOPPAZ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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