Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 53 days before the deadline. In the sector (NACE 66), the median for financial year 2024 was 5 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1011551533
Incorporation
Founding capital of €6,000, 6,000 shares · Founders: GORS Anton and HUVENEERS Michiel · Appointments: GORS Anton (director) and HUVEX (director) · published on 17-07-2024 · Gazette deed
First establishment
Tessenderlosesteenweg 11, Beringen
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as HUGOCO: risk and damage evaluation (NACE 66210). They are comparable in size and age: total assets between €43,300 and €73,100, founded between 2024 and 2025.
HUGOCO is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €30,986 and a net result of €36,167.
Its solvency ranks better than 60% of 3,076 sector peers (NACE 66, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
micro format, filed on 15-06-2026, 46 days before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance sheet
balance sheet total €51,612 on 31-12-2025
What the company ownsHow it is paid for
in euro
in euro
Position in the sector
Sector peers
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2025
2024
0
2,577
26,732
-
60.0%
65.8%
116.7%
53.5%
70.1%
35.2%
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
2025
2024
Intangible fixed assets
-
€2,577
€515
€217
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on HUGOCO
The operating result for 2025 is 4.7 times that of 2024.
Debt's share of the balance-sheet total rises from 34.2% to 40.0%. Equity and debt are higher.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
“Algemene vergadering bepaalt aantal,duur opdracht en indien meerdere bevoegdheid, natuurlijke personen of rechtspersonen,al dan niet…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 19:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
registered office since 30-05-2018 · founded in 2018
total assets €953,463 (2025)
0696.919.957
Timeline
Timeline
5 events since 2024
Filings
Establishments
202420252026
Deadline for the 2026 accounts:
31-07-2027
2026
Annual accounts 2025 filedNBB ↗micro format · 46 days before the deadline
2025
Annual accounts 2024 filedNBB ↗micro format · 59 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:1011551533
2024
IncorporationFounding capital of €6,000, 6,000 shares · Founders: GORS Anton and HUVENEERS Michiel · Appointments: GORS Anton (director) and HUVEX (director) · published on 17-07-20247 points ▸
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
HUGOCO was incorporated on 15 July 2024 as a private limited company by two natural persons, with a starting capital of €6,000.12The board currently has 2 members.3The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
66210Activities auxiliary to financial services and insurance activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“NACE 66210:risicoanalisten en schadetaxateurs; NACE 6621001:schade- en risico-experten; Het optreden als…”
15 activities
NACE 66210:risicoanalisten en schadetaxateurs
NACE 6621001:schade- en risico-experten
Het optreden als tussenpersoon,makelaar,agent,commissionair van financiële instellingen,kredietinstellingen en verzekeringsmaatschappijen
Het verlenen van diensten aan bedrijven en personen,waarin onder meer begrepen en dit in de meest ruime zin,het verstrekken van commerciële,administratieve,financiële,juridische,boekhoudkundige en fiscale adviezen,het uitvoeren van financiële verrichtingen en administratieve transacties,het beheren van verzekerings-,beleggings- en kredietportefeuilles
Administratie,consultancy en managementactiviteiten,omvattend onder meer:adviesbureau op het gebied van bedrijfsvoering en beheer waaronder onder meer maar niet uitsluitend het vertonen van advies en praktische hulp aan bedrijven in verband met public relations en communicatie,het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op gebied van bijvoorbeeld planning,organisatie en efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,het berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning,organisatie en efficiëntie,het verlenen van adviezen op het gebied van beheer in het algemeen
Het tussenkomen in het dagelijks bestuur en het vertegenwoordigen van bedrijven door onder meer het uitoefenen van mandaten van bestuurder,zaakvoerder,directeur of vereffenaar
Studie-,organisatie en raadgevend bureau inzake juridische,financiële,handels-,bedrijfseconomische of sociale aangelegenheden met inbegrip van alle handelingen die verband houden met advies,documentatie en publicatie over juridische,sociale,economische en financiële problemen
Het begeleiden van bedrijven op het gebied van handel,nijverheid en administratie,het verrichten van secretariaatswerkzaamheden,het domiciliëren van bedrijven,het ter beschikking stellen van kantoren,magazijnen en fabricageruimten,het verrichten van voorbereidende studies en adviezen op gebied van management,bedrijfsvoering,economische wetgeving,marketing,export en import
Het drukken en uitgeven van studies,rapporten en het verlenen van hulp aan bedrijven in oprichting of bij overname van bestaande bedrijven,zenden en ontvangen van post en meer in het algemeen alles te doen wat de oprichting,de uitbating en het beheer van de bedrijven van nut kan zijn
Het uitvoeren van alle mogelijke makelaarsverrichtingen op vlak van verzekeringen,financieringen,persoonlijke en hypothecaire leningen,leasings,enz
In verband met onroerende goederen:verwerven,kopen,verkopen,ruilen,huren,uitbaten,verhuren,bouwen,verbouwen,herstellen,verbeteren,onderhouden,beheren,in hypotheek geven en ontvangen
In verband met roerende goederen,lichamelijke en onlichamelijke:verwerven,kopen,verkopen,ruilen,huren,verhuren,onderhouden,beheren,in pand geven en ontvangen
De vennootschap handelt voor eigen rekening,in consignatie,als tussenpersoon,als vertegenwoordiger,als agent of als makelaar
Zij kan deelnemen of zich op andere wijze interesseren in allerhande vennootschappen,ondernemingen,groeperingen of organisaties
Zij mag haar onroerende goederen in hypotheek stellen en al haar andere goederen,met inbegrip van het handelsfonds,in pand geven en zij mag aval verlenen voor alle leningen,kredietopeningen en alle andere verbintenissen,zowel voor haarzelf als deze voor derden