HUBBIE
ActiveSummary
HUBBIE has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7.2m and a net result of €196,231. Equity remains stable across the filed fiscal years (±1.9% per year). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
- Staff
- 103.2 FTE
- Equity
- €7.2m
- Profit
- €196,231
Why 87- Multiple establishment units- Higher-failure-rate region+ Lower-risk legal form+ Lower-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence
Checked score
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Signals
This company filed its last 7 accounts on average 39 days before the deadline; the sector median for financial year 2024 is 27 days before the deadline, and 25% of the sector filed late.
Checked, nothing found (2)
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Annual accounts filedfiscal year 2023 · abbreviated…
Financials
Fiscal year 2024Turnover €544,563Profit €196,231Solvency 69.8%Liquidity 3.12
Financials · fiscal year 2024, abbreviated schema, 2025 accounts filed, figures not processed yet
Trend over the years
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 87, Residential care activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Result and balance sheet
Key figures and ratios
Peer companies
Historical observationOf the 1,860 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 98% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,860 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €6.6m | €6.8m | €7.5m | €8.1m | €8.6m | ▲ 6.1% |
| Turnover70 | €0.4m | €0.4m | €0.5m | €0.5m | €0.5m | ▲ 6.3% |
| Other operating income74 | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 17.0% |
| Non-recurring operating income76A | €0.01m | €0.01m | €0.05m | €0.009m | €0.003m | ▼ 62.5% |
| Operating charges60/66A | €6.5m | €6.6m | €7.2m | €8.0m | €8.4m | ▲ 4.8% |
| Goods for resale, raw materials and consumables60 | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | ▲ 5.1% |
| Purchases600/8 | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | ▲ 5.1% |
| Services and other goods61 | €0.5m | €0.5m | €0.6m | €0.7m | €0.7m | ▼ 1.6% |
| Remuneration, social security and pensions62 | €5.3m | €5.5m | €5.9m | €6.6m | €6.9m | ▲ 5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.004m | - | - |
| Other operating charges640/8 | €0.03m | €0.01m | €0.02m | €0.01m | €0.03m | ▲ 91.3% |
| Non-recurring operating charges66A | €0.2m | €0.005m | €0.006m | €0.01m | €396 | ▼ 97.0% |
| Operating profit (loss)9901 | €0.04m | €0.1m | €0.3m | €0.1m | €0.2m | ▲ 104% |
| Financial income75/76B | €363 | €33 | €425 | €0.006m | €0.04m | ▲ 650% |
| Recurring financial income75 | €363 | €33 | €425 | €0.006m | €0.04m | ▲ 650% |
| Income from current assets751 | - | - | - | €0.006m | €0.04m | ▲ 655% |
| Other financial income752/9 | €363 | €33 | €425 | €75 | €279 | ▲ 270% |
| Financial charges65/66B | €0.1m | €0.09m | €0.08m | €0.08m | €0.07m | ▼ 6.7% |
| Recurring financial charges65 | €0.1m | €0.09m | €0.08m | €0.08m | €0.07m | ▼ 6.7% |
| Debt charges650 | €0.09m | €0.09m | €0.08m | €0.08m | €0.07m | ▼ 6.9% |
| Other financial charges652/9 | €0.006m | €0.003m | €0.003m | €0.002m | €0.002m | ▲ 1.7% |
| Profit (loss) for the period before taxes9903 | -€0.06m | €0.04m | €0.2m | €0.04m | €0.2m | ▲ 407% |
| Income taxes67/77 | €0.01m | - | - | - | - | - |
| Taxes670/3 | €0.01m | - | - | - | - | - |
| Profit (loss) for the period9904 | -€0.07m | €0.04m | €0.2m | €0.04m | €0.2m | ▲ 407% |
| Profit (loss) for the period to be appropriated9905 | -€0.07m | €0.04m | €0.2m | €0.04m | €0.2m | ▲ 407% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10.6m | €10.4m | €10.6m | €10.3m | €10.2m | ▼ 0.5% |
| Fixed assets21/28 | €6.5m | €6.3m | €6.0m | €5.9m | €5.7m | ▼ 2.9% |
| Intangible fixed assets21 | €0.001m | €0.004m | €0.002m | €0.001m | - | - |
| Tangible fixed assets22/27 | €6.5m | €6.3m | €6.0m | €5.9m | €5.7m | ▼ 2.9% |
| Land and buildings22 | €4.1m | €3.9m | €3.8m | €3.7m | €3.6m | ▼ 3.1% |
| Plant, machinery and equipment23 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 31.0% |
| Furniture and vehicles24 | €0.04m | €0.03m | €0.03m | €0.05m | €0.06m | ▲ 16.7% |
| Leasing and similar rights25 | €2.3m | €2.2m | €2.1m | €2.0m | €1.9m | ▼ 4.6% |
| Assets under construction and advance payments27 | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | = |
| Current assets29/58 | €4.1m | €4.1m | €4.5m | €4.4m | €4.5m | ▲ 2.7% |
| Amounts receivable after more than one year29 | €1.2m | €1.0m | €0.9m | €0.8m | €0.7m | ▼ 12.5% |
| Other amounts receivable291 | €1.2m | €1.0m | €0.9m | €0.8m | €0.7m | ▼ 12.5% |
| Amounts receivable within one year40/41 | €1.0m | €1.0m | €0.9m | €0.7m | €0.5m | ▼ 24.8% |
| Trade receivables40 | €0.2m | €0.1m | €0.2m | €0.1m | €0.2m | ▲ 9.5% |
| Other amounts receivable41 | €0.9m | €0.9m | €0.8m | €0.6m | €0.4m | ▼ 33.6% |
| Current investments50/53 | - | - | - | - | €1.5m | - |
| Cash at bank and in hand54/58 | €1.9m | €2.0m | €2.6m | €2.8m | €1.7m | ▼ 40.4% |
| Deferred charges and accrued income490/1 | €0.02m | €0.03m | €0.07m | €0.08m | €0.1m | ▲ 25.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10.6m | €10.4m | €10.6m | €10.3m | €10.2m | ▼ 0.5% |
| Equity10/15 | €7.4m | €7.2m | €7.3m | €7.2m | €7.2m | = |
| Contributions10/11 | €0.4m | - | €0.4m | €0.4m | €0.4m | = |
| Capital10 | €0.4m | - | €0.4m | €0.4m | €0.4m | = |
| Reserves13 | €1.3m | €1.3m | €1.3m | €1.3m | €1.5m | ▲ 15.3% |
| Profit (loss) carried forward14 | €0.8m | €0.8m | €1.0m | €1.1m | €1.1m | = |
| Investment grants15 | €4.9m | €4.7m | €4.6m | €4.3m | €4.1m | ▼ 4.5% |
| Provisions and deferred taxes16 | €0.03m | - | - | - | - | - |
| Provisions for liabilities and charges160/5 | €0.03m | - | - | - | - | - |
| Major repairs and maintenance162 | €0.03m | - | - | - | - | - |
| Amounts payable17/49 | €3.2m | €3.2m | €3.2m | €3.1m | €3.1m | ▼ 1.7% |
| Amounts payable after more than one year17 | €2.1m | €2.0m | €1.8m | €1.7m | €1.6m | ▼ 8.2% |
| Financial debts170/4 | €2.1m | €2.0m | €1.8m | €1.7m | €1.6m | ▼ 8.2% |
| Credit institutions173 | €2.1m | €2.0m | €1.8m | €1.7m | €1.6m | ▼ 8.2% |
| Amounts payable within one year42/48 | €1.1m | €1.2m | €1.3m | €1.4m | €1.4m | ▲ 3.5% |
| Current portion of amounts payable after more than one year42 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 4.1% |
| Financial debts43 | - | - | - | - | €11 | - |
| Credit institutions430/8 | - | - | - | - | €11 | - |
| Trade debts44 | €0.06m | €0.09m | €0.09m | €0.1m | €0.1m | ▲ 0.3% |
| Suppliers440/4 | €0.06m | €0.09m | €0.09m | €0.1m | €0.1m | ▲ 0.3% |
| Taxes, remuneration and social security45 | €0.9m | €1.0m | €1.1m | €1.1m | €1.2m | ▲ 4.1% |
| Taxes450/3 | €0.2m | €0.2m | €0.3m | €0.2m | €0.3m | ▲ 0.5% |
| Remuneration and social security454/9 | €0.7m | €0.8m | €0.9m | €0.9m | €0.9m | ▲ 5.1% |
| Accrued charges and deferred income492/3 | €0.09m | €0.08m | €0.06m | €0.05m | €0.09m | ▲ 77.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.07m | €0.04m | €0.2m | €0.04m | €0.2m | ▲ 407% |
| + Depreciation and write-downs630 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 1.0% |
| Operating cash flow (approximation) | €0.2m | €0.3m | €0.5m | €0.3m | €0.5m | ▲ 47.3% |
| Investment in fixed assets (approximation) | - | -€0.05m | -€0.04m | -€0.2m | -€0.1m | ▲ 18.8% |
| Change in cash | - | €0.1m | €0.5m | €0.2m | -€1.1m | ▼ 648% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
Timeline
13 eventsLatest 22-06-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
About the unread acts
We know of 17 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Support & recognitions
1 funding sourceFlanders €12.9m3 registers with recognitionsFASFC 3 sites
Subsidies and aid
Flemish government
2022 to 2025 · 17 entries · €12.9m awarded · €12.9m paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 5 | €2.3m | €2.3m |
| 2024 | 4 | €2.7m | €2.7m |
| 2023 | 3 | €1.9m | €1.9m |
| 2022 | 5 | €6.0m | €6.0m |
Recognitions · licences · registrations
Food safety, FASFC
3 sitesCare and welfare
6 services · 2 liveShow 2 more services
Quality registration as a provider
1 live approvalCompany details
Non-profit association · founded 11-09-1985Year ends 31-12Peppol reachable6 sites
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
6 establishment units
6 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21307F0089/00K000 | Brussels | 6,784 m² | 1 · 1,460 m² | 29.6 m · 8 fl. |
| 21013B0047/00B002 | Brussels | 416 m² | 1 · 262 m² | 17.7 m · 5 fl. |
| 21562A0183/00M015 | Brussels | 251 m² | 1 · 140 m² | 22.4 m · 6 fl. |
| 21562A0183/00R010 | Brussels | 97 m² | 1 · 84 m² | 19.3 m · 5 fl. |
| 21810L2196/00T010 ProtectedMonumentSint-Antonius van Paduakerk van de Minderbroeders Konventuelen en aangrenzend kloostergebouwSource ↗ |
Brussels | 93 m² | 1 · 99 m² | 17.5 m · 5 fl. |
| 21815D0035/00X000 | Brussels | 81 m² | 1 · 154 m² | 14.8 m · 2 fl. |
Linked by address, not proof of ownership
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