HUGECO
ActiveHUGECO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25k and a net result of €8k. Equity is growing by ~46.8% per year across the filed fiscal years. Its solvency ranks better than 25% of 480 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-1
Solvency38▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.62 against 0.41 in 2024; short-term debt: 10.9% and cash: 6.1% of total assets), and 87% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 63
Relative position
BE, all sectors
reference
Sector 63
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
13%
Return on assets
4.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 480 sector peers (2025).
NBB · sector comparisonPosition among 480 sector peers
Solvency
better than 25%
← weakest
strongest →
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
52 d early
2023
54 d early
2022
30 d early
2021
52 d early
2020
5 d early
2019
28 d early
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€25k▲ 48.1%
2024 · €17k
2018: €-23k
2019: €-22k
2020: €-17k
2021: €-14k
2022: €-5k
2023: €7k
2024: €17k
2018 → 2025
Total assets
€189k▼ 3.3%
2024 · €196k
2018: €282k
2019: €270k
2020: €261k
2021: €235k
2022: €226k
2023: €215k
2024: €196k
2018 → 2025
Net result
€8k▼ 20.3%
2024 · €10k
2018: €3k
2019: €1k
2020: €6k
2021: €2k
2022: €9k
2023: €12k
2024: €10k
2018 → 2025
Working capital
€-8k▲ 42.9%
2024 · €-14k
2018: €-150k
2019: €-146k
2020: €-137k
2021: €-99k
2022: €-86k
2023: €-77k
2024: €-14k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-14k-€-5k▲ 65.0%€7k€17k▲ 153%€25k▲ 48.1%
Operating result€6k-€11k▲ 95.6%€13k▲ 22.3%€10k▼ 23.2%€10k▲ 1.8%
Net result€2k-€9k▲ 334%€12k▲ 24.0%€10k▼ 13.7%€8k▼ 20.3%
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 2% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €189k
Fixed assets
€177k▼ 5.2%
Current assets
€13k▲ 33.8%
Equity and liabilities €189k
Equity
€25k▲ 48.1%
Debt
€165k▼ 8.1%
The debt ratio falls from 91.5% to 87.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23k▲
2024 · €22k
Cash flow
€20k▼
2024 · €22k
Solvency
13.0%▲
2024 · 8.5%
Current ratio
0.62▲
2024 · 0.41
Quick ratio
0.62▲
2024 · 0.41
Debt / equity
6.70▼
2024 · 10.80
ROE
32.5%▼
2024 · 60.4%
ROA
4.2%▼
2024 · 5.1%
Interest coverage
9.32▼
2024 · 115.83
Debt
€165k▼
2024 · €179k
Debt ≤ 1 year
€21k▼
2024 · €23k
Debt > 1 year
€144k▼
2024 · €156k
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€196k€189k▼
Fixed assets21/28€186k€177k▼
Tangible fixed assets22/27€186k€177k▼
Land and buildings22€186k€174k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€327€245▼
Other tangible fixed assets26€189-
Current assets29/58€9k€13k▲
Amounts receivable within one year40/41€79-
Other amounts receivable41€79-
Cash at bank and in hand54/58€8k€12k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€196k€189k▼
Equity10/15€17k€25k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-52k€-44k▲
Amounts payable17/49€179k€165k▼
Amounts payable after more than one year17€156k€144k▼
Financial debts170/4€76k€64k▼
Other amounts payable178/9€80k€80k=
Amounts payable within one year42/48€23k€21k▼
Current portion of amounts payable after more than one year42€16k€12k▼
Other amounts payable47/48€7k€9k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€26k€26k▲
Operating profit (loss)9901€10k€10k▲
Financial charges65/66B€192€2k▲
Recurring financial charges65€192€2k▲
Profit (loss) for the period before taxes9903€10k€8k▼
Profit (loss) for the period9904€10k€8k▼
Profit (loss) for the period to be appropriated9905€10k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-52k€-44k▲
Profit (loss) brought forward from the previous period14P€-62k€-52k▲
The notes to these accounts (7 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
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
09-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €12k ▲24%
Operating result €13k, net result €12k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €1k ▼66.2%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Beersel · 1 establishment unit since 2002
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.
Haakstraat 271653 BeerselGround area
1,511 m²
Building footprint
189 m²
Volume, LiDAR
1,255 m³
Parcel 23017E0226/00F004, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HUGECO-EPC-BRABANT
since 20022.123.572.302
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23017E0226/00F004 | Flanders | 1,511 m² | 1 · 189 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.
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Of 3,153 companies in sector 63920 we hold annual accounts for 1,522. 1,116 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded03-02-2003
Fiscal year end31-12
Activities, NACEBEL
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.