HU-GO TRANS
ActiveThe computed 12-month bankruptcy probability of HU-GO TRANS is 2.1% (moderate). The 2025 annual accounts show equity of €579k and a net result of €75k. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 73% of 4488 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+9
Solvency87▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 1.58 in 2024; short-term debt: 32.1% and cash: 14.9% of total assets), and 37.5% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
62.5%
Return on assets
8.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
31 d late
2024
30 d late
2023
30 d late
2022
30 d late
2021
89 d late
2020
87 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€579k▲ 14.8%
2024 · €504k
2020: €180k
2021: €300k
2022: €450k
2023: €493k
2024: €504k
2020 → 2025
Total assets
€927k▲ 1.5%
2024 · €913k
2020: €447k
2021: €548k
2022: €767k
2023: €780k
2024: €913k
2020 → 2025
Net result
€75k▲ 534%
2024 · €12k
2020: €155k
2021: €121k
2022: €150k
2023: €42k
2024: €12k
2020 → 2025
Working capital
€216k▲ 23.8%
2024 · €175k
2020: €-37k
2021: €128k
2022: €283k
2023: €168k
2024: €175k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€300k-€450k▲ 49.9%€493k▲ 9.4%€504k▲ 2.4%€579k▲ 14.8%
Operating result€168k-€198k▲ 17.6%€79k▼ 60.0%€68k▼ 14.4%€111k▲ 64.7%
Net result€121k-€150k▲ 24.1%€42k▼ 71.9%€12k▼ 72.0%€75k▲ 534%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 65% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €927k
Fixed assets
€413k▼ 6.0%
Current assets
€514k▲ 8.5%
Equity and liabilities €927k
Equity
€579k▲ 14.8%
Debt
€348k▼ 14.9%
The debt ratio falls from 44.8% to 37.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€237k▲
2024 · €158k
Cash flow
€200k▲
2024 · €102k
Solvency
62.5%▲
2024 · 55.2%
Current ratio
1.73▲
2024 · 1.58
Quick ratio
1.73▲
2024 · 1.58
Debt / equity
0.60▼
2024 · 0.81
ROE
12.9%▲
2024 · 2.3%
ROA
8.1%▲
2024 · 1.3%
Interest coverage
23.30▲
2024 · 22.62
Debt
€348k▼
2024 · €409k
Debt ≤ 1 year
€298k▼
2024 · €299k
Debt > 1 year
€50k▼
2024 · €110k
Income taxes
€27k▼
2024 · €49k
Staff costs
€535k▲
2024 · €455k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€913k€927k▲
Fixed assets21/28€440k€413k▼
Tangible fixed assets22/27€414k€383k▼
Furniture and vehicles24€414k€383k▼
Financial fixed assets28€25k€30k▲
Current assets29/58€474k€514k▲
Amounts receivable within one year40/41€348k€372k▲
Trade receivables40€348k€372k▲
Cash at bank and in hand54/58€124k€138k▲
Deferred charges and accrued income490/1€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€913k€927k▲
Equity10/15€504k€579k▲
Contributions10/11€25k€25k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€477k€552k▲
Amounts payable17/49€409k€348k▼
Amounts payable after more than one year17€110k€50k▼
Financial debts170/4€110k€50k▼
Amounts payable within one year42/48€299k€298k▼
Current portion of amounts payable after more than one year42€127k€105k▼
Trade debts44€58k€6k▼
Suppliers440/4€58k€6k▼
Taxes, remuneration and social security45€97k€163k▲
Taxes450/3€44k€102k▲
Remuneration and social security454/9€53k€61k▲
Other amounts payable47/48€17k€24k▲
Income statement
Code20242025
Non-recurring operating income76A€60k-
Remuneration, social security and pensions62€455k€535k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€90k€125k▲
Other operating charges640/8€49k€61k▲
Non-recurring operating charges66A€28k-
Gross operating margin9900€690k€832k▲
Operating profit (loss)9901€68k€111k▲
Financial income75/76B€87€217▲
Recurring financial income75€87€217▲
Financial charges65/66B€7k€10k▲
Recurring financial charges65€7k€10k▲
Profit (loss) for the period before taxes9903€61k€102k▲
Income taxes67/77€49k€27k▼
Profit (loss) for the period9904€12k€75k▲
Profit (loss) for the period to be appropriated9905€12k€75k▲
Appropriation of the result
Profit (loss) to be appropriated9906€477k€552k▲
Profit (loss) brought forward from the previous period14P€465k€477k▲
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet €12k ▼72%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500kEq €504k ▲2.4%
5 profitable years in a row build equity to €504k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 89 days late
2021
31-12
Financial
Equity above €200kEq €300k ▲67.4%
2 profitable years in a row build equity to €300k.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Machelen (Brab.) · 1 establishment unit since 2019
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.
Broekstraat 1231831 Machelen (Brab.)Ground area
1,628 m²
Building footprint
121 m²
Volume, LiDAR
822 m³
Parcel 23015C0006/00P008, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Broekstraat 123, 1831 Machelen (Brab.)
since 20192.288.952.352
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015C0006/00P008 | Flanders | 1,628 m² | 1 · 121 m² | 10.6 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 6,000 EUR awarded · 6,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 6,000 EUR | 6,000 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Similar companies · same sector, comparable size
SPRIET LOGISTICS
BE 0598.983.215
Merelbeke-Melle · Eq €580k
MARTIN KALFF & SOHN
BE 0441.046.132
Raeren · Eq €580k
ELITE GROUP
BE 0561.837.460
Herstal · Eq €580k
AGS
BE 0888.837.724
Mol · Eq €578k
" SA-NA"
BE 0845.835.347
Grâce-Hollogne · Eq €578k
Of 12,606 companies in sector 49410 we hold annual accounts for 8,195. 4,991 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-04-2019
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.