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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 2024 annual accounts show equity of €2.9m and a net result of -€113,295. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability15
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €180,000 at 30 days only on tighter terms
short-term debt: 0.1% of total assets, and 20.1% 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 2024
Solvency, return and age of the figures
Solvency
79.9%
Return on assets
-3.1%
Age of the figures
21 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
30-09-2026 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 2024, abbreviated schema

Equity
€2.9m
Total assets
€3.6m
Net result
-€113,295
Working capital
€637,833

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €3.6m
Fixed assets €3.0m
Current assets €641,583
Equity and liabilities €3.6m
Equity €2.9m
Debt €727,426
Debt finances 20.1% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€0
Cash flow
-€112,093
Debt to equity
0.25
ROE
-3.9%
ROA
-3.1%
Interest coverage
0.00
Debt ≤ 1 year
€3,750
Debt > 1 year
€695,000
A ratio outside any meaningful range has been withheld (balance sheet total €3.6m, equity €2.9m).
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 25 lines
Balance sheet Code2024
Assets
Total assets20/58€3.6m
Formation expenses20€2,548
Fixed assets21/28€3.0m
Financial fixed assets28€3.0m
Current assets29/58€641,583
Amounts receivable within one year40/41€641,583
Other amounts receivable41€641,583
Equity and liabilities
Total equity and liabilities10/49€3.6m
Equity10/15€2.9m
Contributions10/11€3.0m
Profit (loss) carried forward14-€113,295
Amounts payable17/49€727,426
Amounts payable after more than one year17€695,000
Financial debts170/4€695,000
Amounts payable within one year42/48€3,750
Other amounts payable47/48€3,750
Accrued charges and deferred income492/3€28,676
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,202
Operating profit (loss)9901-€1,202
Financial charges65/66B€112,093
Recurring financial charges65€112,093
Profit (loss) for the period before taxes9903-€113,295
Profit (loss) for the period9904-€113,295
Profit (loss) for the period to be appropriated9905-€113,295
Appropriation of the result
Profit (loss) to be appropriated9906-€113,295

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,202
Operating profit (loss)9901-€1,202
Financial charges65/66B€112,093
Recurring financial charges65€112,093
Profit (loss) for the period before taxes9903-€113,295
Profit (loss) for the period9904-€113,295
Profit (loss) for the period to be appropriated9905-€113,295
Line2024
Assets
Total assets20/58€3.6m
Formation expenses20€2,548
Fixed assets21/28€3.0m
Financial fixed assets28€3.0m
Current assets29/58€641,583
Amounts receivable within one year40/41€641,583
Other amounts receivable41€641,583
Equity and liabilities
Total equity and liabilities10/49€3.6m
Equity10/15€2.9m
Contributions10/11€3.0m
Profit (loss) carried forward14-€113,295
Amounts payable17/49€727,426
Amounts payable after more than one year17€695,000
Financial debts170/4€695,000
Amounts payable within one year42/48€3,750
Other amounts payable47/48€3,750
Accrued charges and deferred income492/3€28,676
Line2024
Profit (loss) for the period9904-€113,295
+ Depreciation and write-downs630€1,202
Operating cash flow (approximation)-€112,093

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
2 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, 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.

Identification & contact

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

Register as of 30 September 2026 · Peppol Directory

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