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Hugo

Active
Private limited companyfounded 20242 yrs activeFrankrijklei 106, 2000 Antwerpen, BelgiumKBO/BCE: BE 1008.396.855
Summary

The computed 12-month bankruptcy probability of Hugo is 3.1% (moderate). The 2025 annual accounts show equity of €2.8m and a net result of -€46,337. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability34▲+19
Solvency100=
Growth58
Track record82
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €150,000 at 30 days only on tighter terms
Liquidity ample (current ratio 89.08; short-term debt: 0.2% and cash: 0% of total assets), and 20.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
79.5%
Return on assets
-1.3%
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 10-06-2026, 51 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
51 d early
2024
8 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 30 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
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

Hugo was incorporated on 15 April 2024 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

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

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Financials · fiscal year 2025, abbreviated schema

Equity
€2.8m▼ 1.6%
2024 · €2.9m
Total assets
€3.6m▼ 1.2%
2024 · €3.6m
Net result
-€46,337▲ 59.1%
2024 · -€113,295
Working capital
€592,760▼ 7.1%
2024 · €637,833
Trend over the years
In euros
In euros
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.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€1,202--€3,218▼ 168%
Net result-€113,295--€46,337▲ 59.1%
Equity€2.9m-€2.8m▼ 1.6%
Total assets€3.6m-€3.6m▼ 1.2%
Debt€727,426-€731,670▲ 0.6%
Working capital€637,833-€592,760▼ 7.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0Operating result 2024: -€1,202-€1,202Net result 2024: -€113,295-€113,295Operating result 2025: -€3,218-€3,218Net result 2025: -€46,337-€46,33720242025-€150,000-€100,000-€50,000€0Operating result 2024: -€1,202-€1,200Net result 2024: -€113,295-€113,000Operating result 2025: -€3,218-€3,220Net result 2025: -€46,337-€46,30020242025
The operating result stays negative: a loss of €3,218 in 2025 against €1,202 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.6m
Fixed assets €3.0m =
Current assets €599,490 ▼ 6.6%
Equity and liabilities €3.6m
Equity €2.8m ▼ 1.6%
Debt €731,670 ▲ 0.6%
Debt's share of the balance-sheet total rises from 20.1% to 20.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
89.08
Debt to equity
0.26▲
2024 · 0.25
ROE
-1.6%▲
2024 · -3.9%
ROA
-1.3%▲
2024 · -3.1%
Debt ≤ 1 year
€6,730▲
2024 · €3,750
Debt > 1 year
€695,000=
2024 · €695,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.6m€3.6m▼
Formation expenses20€2,548€2,548=
Fixed assets21/28€3.0m€3.0m=
Financial fixed assets28€3.0m€3.0m=
Current assets29/58€641,583€599,490▼
Amounts receivable within one year40/41€641,583€598,858▼
Other amounts receivable41€641,583€598,858▼
Cash at bank and in hand54/58-€632
Equity and liabilities
Total equity and liabilities10/49€3.6m€3.6m▼
Equity10/15€2.9m€2.8m▼
Contributions10/11€3.0m€3.0m=
Profit (loss) carried forward14-€113,295-€159,632▼
Amounts payable17/49€727,426€731,670▲
Amounts payable after more than one year17€695,000€695,000=
Financial debts170/4€695,000€695,000=
Amounts payable within one year42/48€3,750€6,730▲
Other amounts payable47/48€3,750€6,730▲
Accrued charges and deferred income492/3€28,676€29,940▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,202-
Other operating charges640/8-€507
Gross operating margin9900--€2,711
Operating profit (loss)9901-€1,202-€3,218▼
Financial charges65/66B€112,093€43,119▼
Recurring financial charges65€112,093€43,119▼
Profit (loss) for the period before taxes9903-€113,295-€46,337▲
Profit (loss) for the period9904-€113,295-€46,337▲
Profit (loss) for the period to be appropriated9905-€113,295-€46,337▲
Appropriation of the result
Profit (loss) to be appropriated9906-€113,295-€159,632▼
Profit (loss) brought forward from the previous period14P--€113,295

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,202--
Other operating charges640/8-€507-
Gross operating margin9900--€2,711-
Operating profit (loss)9901-€1,202-€3,218▼ 168%
Financial charges65/66B€112,093€43,119▼ 61.5%
Recurring financial charges65€112,093€43,119▼ 61.5%
Profit (loss) for the period before taxes9903-€113,295-€46,337▲ 59.1%
Profit (loss) for the period9904-€113,295-€46,337▲ 59.1%
Profit (loss) for the period to be appropriated9905-€113,295-€46,337▲ 59.1%
Line20242025Change
Assets
Total assets20/58€3.6m€3.6m▼ 1.2%
Formation expenses20€2,548€2,548=
Fixed assets21/28€3.0m€3.0m=
Financial fixed assets28€3.0m€3.0m=
Current assets29/58€641,583€599,490▼ 6.6%
Amounts receivable within one year40/41€641,583€598,858▼ 6.7%
Other amounts receivable41€641,583€598,858▼ 6.7%
Cash at bank and in hand54/58-€632-
Equity and liabilities
Total equity and liabilities10/49€3.6m€3.6m▼ 1.2%
Equity10/15€2.9m€2.8m▼ 1.6%
Contributions10/11€3.0m€3.0m=
Profit (loss) carried forward14-€113,295-€159,632▼ 40.9%
Amounts payable17/49€727,426€731,670▲ 0.6%
Amounts payable after more than one year17€695,000€695,000=
Financial debts170/4€695,000€695,000=
Amounts payable within one year42/48€3,750€6,730▲ 79.5%
Other amounts payable47/48€3,750€6,730▲ 79.5%
Accrued charges and deferred income492/3€28,676€29,940▲ 4.4%
Line20242025Change
Profit (loss) for the period9904-€113,295-€46,337▲ 59.1%
+ Depreciation and write-downs630€1,202--
Operating cash flow (approximation)-€112,093-€46,337▲ 58.7%
Investment in fixed assets (approximation)-€0-

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
10-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
NBB filing
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, Antwerpen
exact location from the address register On OpenStreetMap
Ground area
424 m²
Building footprint
356 m²
Volume, LiDAR
4,800 m³
Parcel 11803C0374/00Y002, Flanders · tallest building 20.2 m, ±6 floors. Linked by address, not a title deed.
23 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11803C0374/00Y002 Flanders 424 m² 1 · 356 m² 20.2 m · 6 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

Part of the group AXI Holdings Services 18 companies Group, risk and exposure

Owners and holdings

1 owner · 1 holding

Chain of control

  1. AXI Holdings Services 100%
  2. ITP GROUP 100%
  3. Hugo

Highest known parent: AXI Holdings Services. The sources do not say who stands above it.

Owners 1

Holdings 1

According to the 2024 annual accounts of Hugo and those 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.

Company details

Identification
Legal formPrivate limited company
Founded15-04-2024
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 1 October 2026 · Peppol Directory

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