Financials
- Fiscal year
- 2025
- Total assets
- €5.8m
- Profit
- €320,731
- Solvency
- 61.2%
Turnover▲ 23.0%
Net result
20182022
HUBLET
ActiveSummary
HUBLET has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.5m and a net result of €320,731. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 67% of 5451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
What they do
Wholesale of timber
NACE 46832NACE 46732NACE 51531
#6 company by equity in Gembloux, Wholesale and retail trade sector1 site
How big
€5.8mtotal assets 2025
- Staff
- 6.6 FTE
- Equity
- €3.5m
- Profit
- €320,731
Who decides
- Largest shareholder
- SMILE OAK · 47.12%
- Holdings
- 1
Accounts 64 d early0 of 8 deeds read
Why 94+ Founded in 1971+ Size: 6.6 FTE, total assets €5.8m+ Profit of €320,731 (FY 2025)+ Equity €3.5m (61.2% of total assets)Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Better than 53% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
86+3
equity 61.2% of total assets
Liquidity
41+3
short-term debt 34.2% · cash 5.1%
Profitability
76+18
return on assets 5.6%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- Founded in 1971 lowers the probability for this profile
- Size: 6.6 FTE, total assets €5.8m lowers the probability for this profile
- Profit of €320,731 (FY 2025) lowers the probability
- Equity €3.5m (61.2% of total assets) lowers the probability
Credit up to €330,000 at 30 days acceptable
Liquidity ample (current ratio 2.18 against 2.06 in 2024; short-term debt: 34.2% and cash: 5.1% of total assets), and 38.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 67%, liquidity 39%, profitability 65%, growth against the median 42%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
70 d early
2023
40 d early
2022
57 d early
2021
41 d early
2020
39 d early
2019
46 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 51 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
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. Usually files around 4 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · full…
- Weakest financial yearnet €75,620 ▼58.4%
Key points
- Positive: Result rose in 2025from €75,620 to €320,731 ▲ 324% View
- Positive: Company by equity in Gembloux, Wholesale and retail…in the Checked rankings #6 View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
- Positive: 8 profitable years in a rowprofit 2025: €320,731 8 years View
- Active since 1971founded 15-12-1971 54 years View
- Known shareholderslargest: SMILE OAK 47.12% 47.12% View
By topic
Board & ownership
- Largest shareholder
- SMILE OAK · 47.12%
- Known shareholders
- 47.12%
Network & group
- Holdings
- 1
1 holding
Timeline
- Events
- 12
- Since
- 2017
- Next accounts
- by 31-07-2027
- 28-05-2026Annual accounts filed
- 22-05-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Wholesale of timberNACE 46832
- Founded
- 15-12-1971
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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