Hoppy
ActiveSummary
Hoppy has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,771) and a net result of -€2,049. Its solvency ranks better than 9% of 378 sector peers (NACE 11, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-07-2023 Normal situation
- Activity
- Manufacture of beer NACE 11050and 4 others
- Establishment unit
- 2.347.018.730 9700 Oudenaarde, since 07-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.0%
- Gross margin
- -€950
- ▲ 86.6%
- Loss
- €2,049
- ▼ 78.9%
- Equity
- -€1,771
- Total assets
- €1,172
- ▼ 27.7%
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€1,771lowers riskSize: total assets €1,172Sector: Manufacture of beverages (NACE 11)Liquidity: current ratio 0.10, cash €303Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 11, micro). It does better than 13% of them on solvency, 36% on liquidity, 13% on profitability and 1% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 5 days before the deadline. In the sector (NACE 11), the median for financial year 2024 was 2 days before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 24-07-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is a loss of €2,000, smaller than the loss of €9,701 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €1,606 | - |
| Depreciation and write-downs of the year | €416 | €321 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €416 | €321 | ▼ 22.8% |
| Other operating charges640/8 | €2,200 | €729 | ▼ 66.8% |
| Gross operating margin9900 | -€7,084 | -€950 | ▲ 86.6% |
| Operating profit (loss)9901 | -€9,701 | -€2,000 | ▲ 79.4% |
| Financial income75/76B | €0 | €0 | ▲ 100% |
| Recurring financial income75 | €0 | €0 | ▲ 100% |
| Financial charges65/66B | €22 | €49 | ▲ 127% |
| Recurring financial charges65 | €22 | €49 | ▲ 127% |
| Profit (loss) for the period before taxes9903 | -€9,722 | -€2,049 | ▲ 78.9% |
| Profit (loss) for the period9904 | -€9,722 | -€2,049 | ▲ 78.9% |
| Profit (loss) for the period to be appropriated9905 | -€9,722 | -€2,049 | ▲ 78.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1,621 | €1,172 | ▼ 27.7% |
| Fixed assets21/28 | €1,190 | €869 | ▼ 27.0% |
| Tangible fixed assets22/27 | €1,190 | €869 | ▼ 27.0% |
| Plant, machinery and equipment23 | €1,190 | €869 | ▼ 27.0% |
| Current assets29/58 | €431 | €303 | ▼ 29.8% |
| Cash at bank and in hand54/58 | €431 | €303 | ▼ 29.8% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1,621 | €1,172 | ▼ 27.7% |
| Equity10/15 | €278 | -€1,771 | - |
| Contributions10/11 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€9,722 | -€11,771 | ▼ 21.1% |
| Amounts payable17/49 | €1,343 | €2,943 | ▲ 119% |
| Amounts payable within one year42/48 | €1,343 | €2,943 | ▲ 119% |
| Trade debts44 | - | €100 | - |
| Suppliers440/4 | - | €100 | - |
| Other amounts payable47/48 | €1,343 | €2,843 | ▲ 112% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€9,722 | -€2,049 | ▲ 78.9% |
| + Depreciation and write-downs630 | €416 | €321 | ▼ 22.8% |
| Operating cash flow (approximation) | -€9,306 | -€1,728 | ▲ 81.4% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€128 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 7,639 companies had the same profile as Hoppy has now. Two years later, 84.8% were still going and 8.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Hoppy itself is lower: 1.0% within 12 months. It rests on far more data about Hoppy than the profile alone.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 7,639 companies, not a prediction for Hoppy. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- VINDEVOGEL, Yves Jacques 100 shares
Capital transactions
- 11-07-2023 Incorporation · €10,000 · 100 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, natuurlijke of rechtspersonen”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Articles of association, deed of 11-07-2023 (in Dutch)
Network & group
Hoppy shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of Hoppy. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
11-07
Gazette deed
IncorporationStarting capital €10,000 · Appointment: VINDEVOGEL, Yves Jacques (director) · Registered office clause · Founder7 points ▸
- Registered office clause, “Vlaams gewest, 9700 Oudenaarde, Nederenamestraat 15” (deed in Dutch)
- Director appointment, VINDEVOGEL, Yves Jacques (director (not named in the articles))
- Incorporation, “Hoppy” (deed in Dutch)
- Founder, VINDEVOGEL, Yves Jacques
- Founding capital, €10,000
- VINDEVOGEL, Yves Jacques holds 100 shares
- Capital
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 45503A0591/00H002 | Flanders | 481 m² | 1 · 163 m² | 10.2 m · 2 |