Hugo
The computed 12-month bankruptcy probability of Hugo is 3.1% (moderate). The 2024 annual accounts show equity of €2.89M and a net result of €-113k. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2.89M |
| Net result | €-113k |
| Active | 2 yrs |
| Publications | 1 |
Mixed profile: strong on solvency, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €0 |
| Net profit | €-113k |
| Cash flow | €-112k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €3.61M |
| Equity | €2.89M |
| Debt | €727k |
| of which ≤ 1y | €4k |
| of which > 1y | €695k |
| Working capital | €638k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 171.09 |
| Quick ratio | 171.09 |
| Working capital ratio | 17.6% |
| Solvency | 79.9% |
| Debt / equity | 0.25 |
| Long-term debt ratio | 0.24 |
| Interest coverage | 0.00 |
| Gross margin | - |
| Net margin | - |
| ROA | -3.1% |
| ROE | -3.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.61M |
| Fixed assets | 21/28 | €2.97M |
| Formation expenses | 20 | €3k |
| Financial fixed assets | 28 | €2.97M |
| Current assets | 29/58 | €642k |
| Amounts receivable within one year | 40/41 | €642k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.61M |
| Equity | 10/15 | €2.89M |
| Contributions / capital | 10/11 | €3.00M |
| Accumulated profits (losses) | 14 | €-113k |
| Amounts payable | 17/49 | €727k |
| Amounts payable after one year | 17 | €695k |
| Amounts payable within one year | 42/48 | €4k |
| Income statement | ||
| Operating result | 9901 | €-1k |
| Financial charges | 65 | €112k |
| Result before taxes | 9903 | €-113k |
| Net result for the period | 9904 | €-113k |
| Result to be appropriated | 9905 | €-113k |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 15-04-2024 |
| Status | Active |
| Postal code | 2000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C0374/00Y002 | Flanders | 424 m² | 1 · 356 m² | 20.2 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
19-08-2025 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": "proposal",
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-08-19",
"filing_date": null,
"act_kind_objet": "Fusievoorstel"
},
"decision": {
"body": null,
"act_date": null,
"unanimous": null
},
"conversion": null,
"detected_kind": "merger_absorption",
"report_waiver": null,
"restructuring": {
"parties": [
{
"kbo": "0748.507.131",
"name": "ITP Group",
"role": "acquiring",
"address": "Ruisleedsesteenweg 9, bus 201, 8700 Tielt",
"is_foreign": false,
"legal_form": "BV",
"is_new_company": false,
"jurisdiction_country": "BE"
},
{
"kbo": "1008.396.855",
"name": "Hugo",
"role": "absorbed",
"address": "Frankrijklei 106, 2000 Antwerpen",
"is_foreign": false,
"legal_form": "BV",
"is_new_company": false,
"jurisdiction_country": "BE"
}
],
"exchange_ratio": null,
"legal_articles": [
"12:7",
"12:50"
],
"is_cross_border": false,
"is_silent_merger": true,
"balance_basis_date": null,
"exchange_ratio_text": null,
"new_shares_issued_n": null,
"real_estate_included": true,
"patrimony_description": "Het gehele vermogen, inclusief alle activa en passiva, en alle rechtsverhoudingen, inclusief alle rechten en plichten buiten balans, van de Verdwijnende Vennootschap.",
"equity_transferred_eur": null,
"accounting_effective_date": "2025-01-01"
},
"subject_company": {
"kbo": "1008.396.855",
"name_full": "Hugo",
"legal_form": "Besloten Vennootschap",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Gowri Keppens",
"org_rep_person_name": null
},
"summary_narrative": "Dit document is een gezamenlijk voorstel tot een met fusie gelijkgestelde verrichting tussen ITP Group BV (de overnemende vennootschap) en Hugo BV (de verdwijnende vennootschap). De fusie heeft als doel de vennootschapsrechtelijke structuur van de ge\u00EFntegreerde groep \u0027AXI Groep\u0027 te vereenvoudigen. De overnemende vennootschap is reeds houder van alle aandelen van de verdwijnende vennootschap, waardoor geen nieuwe aandelen zullen worden uitgegeven. De fusie zal juridisch van kracht zijn vanaf 1 januari 2025 en moet worden goedgekeurd door de buitengewone algemene vergaderingen van de aandeelhoud",
"co_filed_documents": [],
"detected_real_type": "fusion_proposal",
"referenced_correction": null,
"should_reroute_to_category": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Hugo |