Financials
- Fiscal year
- 2024
- Total assets
- €526,240
- Profit
- €1,562
- Solvency
- 9.3%
Total assets▲ 19.3%
Net result
20182024
HUGO SOLUTIONS
ActiveSummary
The computed 12-month bankruptcy probability of HUGO SOLUTIONS is 4.2% (elevated). The 2024 annual accounts show equity of €48,829 and a net result of €1,562. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 27% of 15,868 sector peers (NACE 46, fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Agents in non-specialised wholesale trade
NACE 46190
1 site
Size
€526,240total assets 2024
- Staff
- 2.3 FTE
- Equity
- €48,829
- Profit
- €1,562
Turnover not published (abridged schema)
Structure
Accounts 68 days overdue0 of 1 deed read
Why 47- Figures for FY 2024 (filed 07-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 67 days late; 3 of the last 3 late- Founded in 2017+ Size: total assets €526,240Show the evidence
Checked score
Score 2024
47
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 31% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Weak
Solvency
34-2
equity 9.3% of total assets
Liquidity
2-2
short-term debt 90.3% · cash 1.5%
Profitability
62-9
return on assets 0.3%
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.8%
12-2024: 1.8%● unchanged vs 11-2024
01-2025: 1.8%● unchanged vs 12-2024
02-2025: 1.8%● unchanged vs 01-2025
03-2025: 1.8%● unchanged vs 02-2025
04-2025: 1.8%● unchanged vs 03-2025
05-2025: 2.0%▲ +0.2 percentage points vs 04-2025
06-2025: 2.0%● unchanged vs 05-2025
07-2025: 1.9%▼ -0.1 percentage points vs 06-2025
08-2025: 2.3%▲ +0.4 percentage points vs 07-2025
09-2025: 2.5%▲ +0.2 percentage points vs 08-2025
10-2025: 3.9%▲ +1.4 percentage points vs 09-2025
11-2025: 1.9%▼ -2.0 percentage points vs 10-2025
12-2025: 1.9%● unchanged vs 11-2025
01-2026: 1.9%● unchanged vs 12-2025
02-2026: 1.8%▼ -0.1 percentage points vs 01-2026
03-2026: 1.8%● unchanged vs 02-2026lowest value
04-2026: 1.8%● unchanged vs 03-2026
05-2026: 1.9%▲ +0.1 percentage points vs 04-2026
06-2026: 1.9%● unchanged vs 05-2026
07-2026: 1.8%▼ -0.1 percentage points vs 06-2026
08-2026: 2.3%▲ +0.5 percentage points vs 07-2026
09-2026: 2.6%▲ +0.3 percentage points vs 08-2026
10-2026: 4.2%▲ +1.6 percentage points vs 09-2026highest value
Credit up to €2,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.09 against 1.11 in 2023; short-term debt: 90.3% and cash: 1.5% of total assets), and 90.7% of the assets are financed with debt.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 23% on solvency, 5% on liquidity, 46% on profitability and 51% on growth.
The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
67 days late
2023
53 days late
2022
122 days late
2021
50 days late
2020
3 days late
2019
168 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 77 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Key points
By topic
Timeline
- Events
- 9
- Since
- 2019
- 19-09-2022Annual accounts filed
- 03-08-2021Annual accounts filed
- 15-01-2021Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Agents in non-specialised wholesale tradeNACE 46190
- Founded
- 20-12-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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