HUGO NISA
ActiveThe computed 12-month bankruptcy probability of HUGO NISA is 1.7% (moderate). The 2025 annual accounts show equity of €36k and a net result of €147. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 50% of 1538 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-27
Solvency58▼-42
Growth68▼-17
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 2.19 in 2024; short-term debt: 67.4% and cash: 16.9% of total assets), and 67.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
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
32.6%
Return on assets
0.1%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-07-2026, 78 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
78 d late
2024
61 d late
2023
123 d late
2022
124 d late
2021
16 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€180k▲ 38.7%
2022 · €129k
2022: €129k
2022 → 2023
EBIT margin
1.8%▼ 1.1pp
2022 · 2.8%
2022: 2.8%
2022 → 2023
Net result
€147▼ 97.2%
2024 · €5k
2021: €5k
2022: €3k
2023: €2k
2024: €5k
2021 → 2025
Working capital
€13k▼ 11.9%
2024 · €14k
2021: €54
2022: €11k
2023: €13k
2024: €14k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€129k€180k▲ 38.7%
Equity€25k-€29k▲ 13.2%€31k▲ 7.8%€36k▲ 17.1%€36k▲ 0.4%
Operating result€7k-€4k▼ 43.7%€3k▼ 12.8%€8k▲ 163%€818▼ 90.3%
Net result€5k-€3k▼ 35.2%€2k▼ 34.4%€5k▲ 141%€147▼ 97.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 90% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €112k
Fixed assets
€24k▲ 8.4%
Current assets
€88k▲ 235%
Equity and liabilities €112k
Equity
€36k▲ 0.4%
Debt
€75k▲ 529%
The debt ratio rises from 24.9% to 67.4%. Equity and debt are higher.
Key figures and ratios
Solvency
32.6%▼
2024 · 75.1%
Current ratio
1.17▼
2024 · 2.19
Quick ratio
1.09▼
2024 · 1.73
Debt / equity
2.07▲
2024 · 0.33
ROE
0.4%▼
2024 · 14.6%
ROA
0.1%▼
2024 · 11.0%
Debt
€75k▲
2024 · €12k
Debt ≤ 1 year
€75k▲
2024 · €12k
Income taxes
€188▼
2024 · €2k
Staff costs
€32k▲
2024 · €21k
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€48k€112k▲
Fixed assets21/28€22k€24k▲
Tangible fixed assets22/27€21k€23k▲
Plant, machinery and equipment23€20k€22k▲
Furniture and vehicles24€1k€1k=
Financial fixed assets28€805€805=
Current assets29/58€26k€88k▲
Stocks and contracts in progress3€6k€6k▲
Stocks30/36€6k€6k▲
Amounts receivable within one year40/41€2k€63k▲
Trade receivables40€875€59k▲
Other amounts receivable41€723€4k▲
Cash at bank and in hand54/58€19k€19k▼
Equity and liabilities
Total equity and liabilities10/49€48k€112k▲
Equity10/15€36k€36k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€26k€26k▲
Amounts payable17/49€12k€75k▲
Amounts payable within one year42/48€12k€75k▲
Trade debts44€6k€9k▲
Suppliers440/4€6k€9k▲
Advances received on contracts in progress46-€59k
Taxes, remuneration and social security45€6k€6k▼
Taxes450/3€2k€722▼
Remuneration and social security454/9€4k€5k▲
Other amounts payable47/48-€1k
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€190k-
Remuneration, social security and pensions62€21k€32k▲
Other operating charges640/8€331€3k▲
Gross operating margin9900€30k€36k▲
Operating profit (loss)9901€8k€818▼
Financial income75/76B€184€110▼
Recurring financial income75€184€110▼
Financial charges65/66B€1k€593▼
Recurring financial charges65€1k€593▼
Profit (loss) for the period before taxes9903€7k€335▼
Income taxes67/77€2k€188▼
Profit (loss) for the period9904€5k€147▼
Profit (loss) for the period to be appropriated9905€5k€147▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€26k▲
Profit (loss) brought forward from the previous period14P€21k€26k▲
The notes to these accounts (4 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 78 days late
2025
30-09
Financial
Weakest financial yearnet €147 ▼97.2%
Net result drops to €147, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-09
Financial
Highest result since 2021net €5k ▲141%
Operating result €8k, net result €5k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 123 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 124 days late
2022
14-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
15-01-2026
Eren Öznur: Resigned as Director
07-09-2022
Gezici Gökhan: Resigned as Manager
Location & real-estate footprint
Registered office, Eeklo · 1 establishment unit since 2019
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.
Koning Albertstraat 19900 EekloGround area
217 m²
Building footprint
217 m²
Volume, LiDAR
1,500 m³
Parcel 43352E1288/00C000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HUGO NISA
since 20192.296.790.150
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43352E1288/00C000 | Flanders | 217 m² | 1 · 217 m² | 11.1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEeklo2.296.790.150
Similar companies · same sector, comparable size
PATTY CAKE
BE 0830.776.393
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KOTKU
BE 0753.808.279
Schaarbeek · Eq €38k
Biscuit International Belgium (GHI)
BE 0435.235.238
Ath · Eq €45k
BISCARDY'S
BE 0427.159.195
Gent · Eq €49k
Consulting HS
BE 1014.470.936
Willebroek · Eq €49k
Of 430 companies in sector 10720 we hold annual accounts for 139. 70 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-10-2019
Fiscal year end30-09
Activities, NACEBEL
10720Manufacture of food products
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.