Hubertus Vereniging Vlaanderen
ActiveSummary
Hubertus Vereniging Vlaanderen has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.28M and a net result of €137k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 90% of 422 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
99
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-1
Solvency100=
Growth56▲+2
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 4.3 against 5.81 in 2024; short-term debt: 10.1% and cash: 35.7% of total assets), and 19% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← 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
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
81%
Return on assets
8.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.28M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
36 d early
2023
28 d late
2022
30 d early
2021
8 d early
2020
52 d early
2019
48 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€677k▲ 19.3%
2024 · €567k
2018: €379k
2019: €465k
2020: €339k
2021: €366k
2022: €384k
2023: €553k
2024: €567k
2018 → 2025
EBIT margin
20.7%▼ 5.3pp
2024 · 26.0%
2018: 37.5%
2019: 42.7%
2020: 21.9%
2021: -13.3%
2022: -18.8%
2023: -10.1%
2024: 26.0%
2018 → 2025
Net result
€137k▼ 5.7%
2024 · €145k
2018: €149k
2019: €202k
2020: €80k
2021: €-52k
2022: €-73k
2023: €-56k
2024: €145k
2018 → 2025
Working capital
€529k▲ 7.9%
2024 · €490k
2018: €594k
2019: €758k
2020: €848k
2021: €799k
2022: €674k
2023: €437k
2024: €490k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€366k-€384k▲ 5.1%€553k▲ 43.9%€567k▲ 2.6%€677k▲ 19.3%
Equity€1.13M-€1.06M▼ 6.5%€1.00M▼ 5.3%€1.15M▲ 14.5%€1.28M▲ 11.9%
Operating result€-49k-€-72k▼ 48.2%€-56k▲ 22.7%€147k€140k▼ 4.8%
Net result€-52k-€-73k▼ 40.7%€-56k▲ 23.6%€145k€137k▼ 5.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.59M
Fixed assets
€896k ▲ 0.3%
Current assets
€689k ▲ 16.4%
Equity and liabilities €1.59M
Equity
€1.28M ▲ 11.9%
Debt
€301k ▼ 11.0%
Debt's share of the balance-sheet total falls from 22.8% to 19.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€188k▲
2024 · €187k
Cash flow
€184k▼
2024 · €185k
Current ratio
4.30▼
2024 · 5.81
Debt to equity
0.23▼
2024 · 0.29
ROE
10.7%▼
2024 · 12.7%
ROA
8.6%▼
2024 · 9.8%
Interest coverage
50.30▼
2024 · 66.06
Debt ≤ 1 year
€160k▲
2024 · €102k
Debt > 1 year
€41k▲
2024 · €36k
Income taxes
€2k▲
2024 · €231
Staff costs
€711k▲
2024 · €647k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.49M€1.59M▲
Fixed assets21/28€894k€896k▲
Intangible fixed assets21€8k€4k▼
Tangible fixed assets22/27€115k€121k▲
Furniture and vehicles24€105k€104k▼
Other tangible fixed assets26€10k€18k▲
Financial fixed assets28€771k€771k=
Current assets29/58€592k€689k▲
Amounts receivable within one year40/41€111k€112k▲
Trade receivables40€111k€112k▲
Cash at bank and in hand54/58€467k€566k▲
Deferred charges and accrued income490/1€14k€11k▼
Equity and liabilities
Total equity and liabilities10/49€1.49M€1.59M▲
Equity10/15€1.15M€1.28M▲
Reserves13€77k€77k▼
Profit (loss) carried forward14€1.07M€1.21M▲
Amounts payable17/49€338k€301k▼
Amounts payable after more than one year17€36k€41k▲
Financial debts170/4€36k€41k▲
Amounts payable within one year42/48€102k€160k▲
Current portion of amounts payable after more than one year42€22k€22k▲
Trade debts44€11k€42k▲
Suppliers440/4€11k€42k▲
Advances received on contracts in progress46€151€151=
Taxes, remuneration and social security45€69k€96k▲
Taxes450/3€3k€14k▲
Remuneration and social security454/9€66k€82k▲
Accrued charges and deferred income492/3€200k€100k▼
Income statement
Code20242025
Turnover70€567k€677k▲
Non-recurring operating income76A€12k€11k▼
Goods, raw materials, services and sundry goods60/61€583k€581k▼
Remuneration, social security and pensions62€647k€711k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€47k▲
Other operating charges640/8€5k€8k▲
Gross operating margin9900€839k€906k▲
Operating profit (loss)9901€147k€140k▼
Financial income75/76B€838€3k▲
Recurring financial income75€838€3k▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€145k€139k▼
Income taxes67/77€231€2k▲
Profit (loss) for the period9904€145k€137k▼
Profit (loss) for the period to be appropriated9905€145k€137k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.07M€1.21M▲
Profit (loss) brought forward from the previous period14P€925k€1.07M▲
Social balance
Average headcount (FTE)90879.49.8▲
The notes to these accounts (20 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €145k
Net result €145k after 3 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
01-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-73k
Net result drops to €-73k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 48 days late
2019
31-12
Financial
Highest result since 2018net €202k ▲36%
Operating result €199k, net result €202k, both a record.
31-12
Financial
Equity above €1MEq €1.10M ▲22.4%
2 profitable years in a row build equity to €1.10M.
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
08-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 39 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 396 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Schaarbeek · 1 establishment unit since 2007
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.
Lambermontlaan 4101030 SchaarbeekGround area
270 m²
Building footprint
267 m²
Volume, LiDAR
2,878 m³
Parcel 21903B0369/00P000, Brussels · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Hubertus Vereniging Vlaanderen
since 20072.159.268.203
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21903B0369/00P000 | Brussels | 270 m² | 1 · 267 m² | 16.4 m · 4 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
2022 to 2025 · 4 entries · 1,271,952 EUR awarded · 1,196,952 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 317,962 EUR | 317,962 EUR |
| 2024 | 1 | 316,953 EUR | 316,953 EUR |
| 2023 | 1 | 318,619 EUR | 318,619 EUR |
| 2022 | 1 | 318,418 EUR | 243,418 EUR |
Schemes
Jachtfonds
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Of 259 companies in sector 93191 we hold annual accounts for 103. 86 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded27-11-2001
Fiscal year end31-12
Abbreviation NL
HVV
Activities, NACEBEL 2025
93191Sports, amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.