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HUGIES

Active
Private limited company (pre-2019)founded 200124 yrs activeDuinbergenlaan 57, 8301 Knokke-Heist, BelgiumKBO/BCE: BE 0476.030.567
Summary

HUGIES has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €224,049 and a net result of €4,257. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 76% of 12860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability41▲+10
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 4.79 against 6.45 in 2024; short-term debt: 20.9% and cash: 26% of total assets), and 20.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 24 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
79.1%
Return on assets
1.5%
Age of the figures
9 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
2 d early
2023
on the day
2022
31 d early
2021
61 d late
2020
40 d late
2019
60 d late
← 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 14 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 29 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 7 November 2001, HUGIES was incorporated.1 Total assets went from EUR 272,215 in 2018 to EUR 283,323 in 2025 and headcount from 1 to 0.3 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€224,049▲ 1.9%
2024 · €219,792
Total assets
€283,323▲ 8.0%
2024 · €262,456
Net result
€4,257
2024 · -€7,132
Working capital
€224,234▲ 1.1%
2024 · €221,772
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

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 69, Legal and accounting 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).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€4,622€34,265▲ 641%€3,933▼ 88.5%-€10,384€3,653
Net result€5,428below the sector's middle half€26,944within the sector's middle half▲ 396%€3,141below the sector's middle half▼ 88.3%-€7,132below the sector's middle half€4,257below the sector's middle half
Equity€196,839within the sector's middle half▲ 2.8%€223,783within the sector's middle half▲ 13.7%€226,923within the sector's middle half▲ 1.4%€219,792within the sector's middle half▼ 3.1%€224,049within the sector's middle half▲ 1.9%
Total assets€262,488within the sector's middle half▲ 6.2%€284,553within the sector's middle half▲ 8.4%€286,002within the sector's middle half▲ 0.5%€262,456within the sector's middle half▼ 8.2%€283,323within the sector's middle half▲ 8.0%
Debt€65,649▲ 17.5%€60,771▼ 7.4%€59,079▼ 2.8%€42,664▼ 27.8%€59,274▲ 38.9%
Working capital€198,538above the sector's middle half▲ 2.8%€223,990above the sector's middle half▲ 12.8%€229,147above the sector's middle half▲ 2.3%€221,772above the sector's middle half▼ 3.2%€224,234above the sector's middle half▲ 1.1%
Solvency75.0%within the sector's middle half▼ 2.4pp78.6%above the sector's middle half▲ 3.7pp79.3%above the sector's middle half▲ 0.7pp83.7%above the sector's middle half▲ 4.4pp79.1%above the sector's middle half▼ 4.7pp
Current ratio4.10within the sector's middle half▼ 0.504.70above the sector's middle half▲ 0.595.03above the sector's middle half▲ 0.336.45above the sector's middle half▲ 1.424.79above the sector's middle half▼ 1.66
Return on assets (ROA)2.1%below the sector's middle half▲ 3.5pp9.5%within the sector's middle half▲ 7.4pp1.1%below the sector's middle half▼ 8.4pp-2.7%below the sector's middle half▼ 3.8pp1.5%below the sector's middle half▲ 4.2pp
Staff (FTE)1=1=1=1=0.3▼ 70.0%
above within below the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2021: €4,622€4,622Net result 2021: €5,428€5,428Operating result 2022: €34,265€34,265Net result 2022: €26,944€26,944Operating result 2023: €3,933€3,933Net result 2023: €3,141€3,141Operating result 2024: -€10,384-€10,384Net result 2024: -€7,132-€7,132Operating result 2025: €3,653€3,653Net result 2025: €4,257€4,25720212022202320242025-€15,000-€10,000-€5,000€0€5,000Operating result 2023: €3,933€3,930Net result 2023: €3,141€3,140Operating result 2024: -€10,384-€10,400Net result 2024: -€7,132-€7,130Operating result 2025: €3,653€3,650Net result 2025: €4,257€4,260202320242025
The operating result returns to profit in 2025: €3,653 after a loss of €10,384 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €283,323
Equity €224,049 ▲ 1.9%
Debt €59,274 ▲ 38.9%
Debt's share of the balance-sheet total rises from 16.3% to 20.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.26▲
2024 · 0.19
ROE
1.9%▲
2024 · -3.2%
Debt ≤ 1 year
€59,089▲
2024 · €40,683
Staff costs
€11,134▼
2024 · €30,936
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 17,040 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€262,456€283,323▲
Current assets29/58€262,456€283,323▲
Amounts receivable within one year40/41€226,925€209,728▼
Trade receivables40€35,224€22,987▼
Other amounts receivable41€191,700€186,741▼
Cash at bank and in hand54/58€35,494€73,558▲
Deferred charges and accrued income490/1€37€37=
Equity and liabilities
Total equity and liabilities10/49€262,456€283,323▲
Equity10/15€219,792€224,049▲
Contributions10/11€12,400€12,400=
Reserves13€207,392€211,649▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€205,532€209,789▲
Amounts payable17/49€42,664€59,274▲
Amounts payable within one year42/48€40,683€59,089▲
Trade debts44€2,473€22,476▲
Suppliers440/4€2,473€22,476▲
Taxes, remuneration and social security45€2,900€93▼
Taxes450/3€1,584€93▼
Remuneration and social security454/9€1,316-
Other amounts payable47/48€35,310€36,520▲
Accrued charges and deferred income492/3€1,981€185▼
Income statement Code20242025
Remuneration, social security and pensions62€30,936€11,134▼
Other operating charges640/8€1,067€1,354▲
Gross operating margin9900€21,619€16,140▼
Operating profit (loss)9901-€10,384€3,653▲
Financial income75/76B€3,533€1,047▼
Recurring financial income75€3,533€1,047▼
Financial charges65/66B€280€442▲
Recurring financial charges65€280€442▲
Profit (loss) for the period before taxes9903-€7,132€4,257▲
Profit (loss) for the period9904-€7,132€4,257▲
Profit (loss) for the period to be appropriated9905-€7,132€4,257▲
Appropriation of the result
Profit (loss) to be appropriated9906-€7,132€4,257▲
Transfer from equity791/2€7,132-
Transfer to equity691/2-€4,257
To other reserves6921-€4,257

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€52,594€28,104€36,813€30,936€11,134▼ 64.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€552-----
Other operating charges640/8€1,004€1,135€1,044€1,067€1,354▲ 26.8%
Gross operating margin9900€58,772€63,504€41,790€21,619€16,140▼ 25.3%
Operating profit (loss)9901€4,622€34,265€3,933-€10,384€3,653▲ 135%
Financial income75/76B€1,046€1,504€906€3,533€1,047▼ 70.4%
Recurring financial income75€1,046€1,504€906€3,533€1,047▼ 70.4%
Financial charges65/66B€240€419€290€280€442▲ 58.2%
Recurring financial charges65€240€419€290€280€442▲ 58.2%
Profit (loss) for the period before taxes9903€5,428€35,350€4,549-€7,132€4,257▲ 160%
Income taxes67/77-€8,407€1,408---
Profit (loss) for the period9904€5,428€26,944€3,141-€7,132€4,257▲ 160%
Profit (loss) for the period to be appropriated9905€5,428€26,944€3,141-€7,132€4,257▲ 160%
Line20212022202320242025Change
Assets
Total assets20/58€262,488€284,553€286,002€262,456€283,323▲ 8.0%
Current assets29/58€262,488€284,553€286,002€262,456€283,323▲ 8.0%
Amounts receivable within one year40/41€220,592€229,780€229,341€226,925€209,728▼ 7.6%
Trade receivables40€55,079€27,409€32,064€35,224€22,987▼ 34.7%
Other amounts receivable41€165,513€202,371€197,277€191,700€186,741▼ 2.6%
Cash at bank and in hand54/58€41,895€54,773€56,624€35,494€73,558▲ 107%
Deferred charges and accrued income490/1--€37€37€37=
Equity and liabilities
Total equity and liabilities10/49€262,488€284,553€286,002€262,456€283,323▲ 8.0%
Equity10/15€196,839€223,783€226,923€219,792€224,049▲ 1.9%
Contributions10/11€12,400€12,400€12,400€12,400€12,400=
Reserves13€184,439€211,383€214,523€207,392€211,649▲ 2.1%
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133€182,579€209,523€212,663€205,532€209,789▲ 2.1%
Amounts payable17/49€65,649€60,771€59,079€42,664€59,274▲ 38.9%
Amounts payable within one year42/48€63,950€60,564€56,855€40,683€59,089▲ 45.2%
Trade debts44€6,416€9,710€4,898€2,473€22,476▲ 809%
Suppliers440/4€6,416€9,710€4,898€2,473€22,476▲ 809%
Taxes, remuneration and social security45€5,397€15,544€16,647€2,900€93▼ 96.8%
Taxes450/3€2,260€9,335€11,054€1,584€93▼ 94.1%
Remuneration and social security454/9€3,137€6,209€5,594€1,316--
Other amounts payable47/48€52,136€35,310€35,310€35,310€36,520▲ 3.4%
Accrued charges and deferred income492/3€1,699€207€2,223€1,981€185▼ 90.7%
Line20212022202320242025Change
Profit (loss) for the period9904€5,428€26,944€3,141-€7,132€4,257▲ 160%
+ Depreciation and write-downs630€552-----
Operating cash flow (approximation)€5,980€26,944€3,141-€7,132€4,257▲ 160%
Change in cash-€12,878€1,850-€21,129€38,063▲ 280%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €4,257
Net result €4,257 after one loss-making year.
29-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €26,944 ▲396%
Operating result €34,265, net result €26,944, both a record.
31-12
Financial Equity above €200,000Eq €223,783 ▲13.7%
2 profitable years in a row build equity to €223,783.
30-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial Back to profitnet €5,428
Net result €5,428 after 2 loss-making years.
09-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
29-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial Weakest financial yearnet -€10,086
Net result drops to -€10,086, the lowest in the series; recovery starts the following year.
Show earlier events
25-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 2001
seat establishment The establishment unit on the map
Ground area
1,589 m²
Building footprint
527 m²
Volume, LiDAR
6,705 m³
Parcel 31337F0509/00_000, Flanders · tallest building 15.5 m, ±4 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
HUGIES
Duinbergenlaan 57, 8301 Knokke-HeistManufacture of basic metals
since 20012.095.364.405
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31337F0509/00_000 Flanders 1,589 m² 1 · 527 m² 15.5 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. SALICES 100%
  2. HUGIES

Highest known parent: SALICES. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 1,076 EUR awarded · 1,076 EUR paid
Year Entries awardedpaid
2025 1 329 EUR329 EUR
2024 1 306 EUR306 EUR
2023 1 315 EUR315 EUR
2022 1 126 EUR126 EUR
Schemes
4 entries · 1,076 EUR · 1,076 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 2,765 companies in this sector we hold annual accounts for 1,209. 891 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded07-11-2001
Fiscal year end31-12
Activities, NACEBEL 2025
69109Other legal services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0476030567
Also 9925:BE0476030567
Registered 05-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.