HUGOVIC
Open bankruptcyA bankruptcy procedure is open for HUGOVIC according to publications in the Belgian State Gazette; curator: ANTOINE BRAUN.
Summary
The 2021 annual accounts show negative equity (-€61,740) and a net result of -€28,329.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Walloon Brabant
- Declared bankrupt
- 22 January 2026
- Supervising judge
- Thierry Cherpion
- Official Gazette
- 28-01-2026 (pdf) ↗search the document for 2026/103516
Deadlines
- Appeal or third-party opposition until
- passed on 12 February 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 21 February 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 5 March 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 22 January 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Antoine BraunVieux Chemin Du Poete 11, 1301 Biergesa.braun@ibilaw.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Retail sale of clothing and accessories for women, men, children and babies (general range) sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
-€61,740▼ 84.8%
2020 · -€33,411
Total assets
€140,678▲ 7.9%
2020 · €130,399
Net result
-€28,329▼ 82.5%
2020 · -€15,524
Working capital
-€56,369▼ 21.4%
2020 · -€46,424
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€9,513--€26,970-€14,909▲ 44.7%-€23,129▼ 55.1%
Net result€5,658--€29,744-€15,524below the sector's middle half▲ 47.8%-€28,329below the sector's middle half▼ 82.5%
Equity€11,858--€17,886-€33,411below the sector's middle half▼ 86.8%-€61,740below the sector's middle half▼ 84.8%
Total assets€154,065-€160,619▲ 4.3%€130,399within the sector's middle half▼ 18.8%€140,678within the sector's middle half▲ 7.9%
Debt€142,207-€178,505▲ 25.5%€163,810▼ 8.2%€202,417▲ 23.6%
Working capital€42,742--€3,846-€46,424▼ 1,107%-€56,369▼ 21.4%
Solvency7.7%--11.1%▼ 18.8pp-25.6%below the sector's middle half▼ 14.5pp-43.9%below the sector's middle half▼ 18.3pp
Staff (FTE)0.4-1.7▲ 325%1.4
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €23,129 in 2021 against €14,909 in 2020; the loss grows.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €140,678
Fixed assets
€20,863 ▼ 65.0%
Current assets
€119,815 ▲ 69.3%
Key figures and ratios
EBITDA
€15,625▲
2020 · -€2,405
Cash flow
€10,425▲
2020 · -€3,020
Current ratio
0.68▲
2020 · 0.60
Debt to equity
-3.28▼
2020 · -1.39
ROA
-20.1%▼
2020 · -11.9%
Interest coverage
2.57
Debt ≤ 1 year
€176,184▲
2020 · €117,205
Debt > 1 year
€26,233▼
2020 · €46,604
Income taxes
€237▲
2020 · €222
Staff costs
€32,399
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €32,399 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,920 | €11,482 | €12,504 | €38,754 | ▲ 210% |
| Other operating charges640/8 | - | - | - | €24,782 | - |
| Gross operating margin9900 | €30,937 | €40,816 | €41,256 | €72,807 | ▲ 76.5% |
| Operating profit (loss)9901 | €9,513 | -€26,970 | -€14,909 | -€23,129 | ▼ 55.1% |
| Financial income75/76B | - | - | - | €1,114 | - |
| Recurring financial income75 | €161 | €1,252 | €1,187 | €1,114 | ▼ 6.2% |
| Financial charges65/66B | - | - | - | €6,077 | - |
| Recurring financial charges65 | €1,980 | €3,809 | €1,580 | €6,077 | ▲ 285% |
| Profit (loss) for the period before taxes9903 | €7,694 | -€29,527 | -€15,302 | -€28,092 | ▼ 83.6% |
| Income taxes67/77 | €2,036 | €217 | €222 | €237 | ▲ 6.7% |
| Profit (loss) for the period9904 | €5,658 | -€29,744 | -€15,524 | -€28,329 | ▼ 82.5% |
| Profit (loss) for the period to be appropriated9905 | €5,658 | -€29,744 | -€15,524 | -€28,329 | ▼ 82.5% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €154,065 | €160,619 | €130,399 | €140,678 | ▲ 7.9% |
| Fixed assets21/28 | €55,298 | €48,585 | €59,617 | €20,863 | ▼ 65.0% |
| Tangible fixed assets22/27 | €55,298 | €47,820 | €58,087 | €19,333 | ▼ 66.7% |
| Plant, machinery and equipment23 | - | - | - | €105 | - |
| Other tangible fixed assets26 | - | - | - | €19,228 | - |
| Financial fixed assets28 | - | €765 | €1,530 | €1,530 | = |
| Current assets29/58 | €98,767 | €112,034 | €70,782 | €119,815 | ▲ 69.3% |
| Amounts receivable within one year40/41 | €36,158 | €84,264 | €41,429 | €57,658 | ▲ 39.2% |
| Trade receivables40 | - | - | - | €31,422 | - |
| Other amounts receivable41 | - | - | - | €26,236 | - |
| Cash at bank and in hand54/58 | €61,862 | €26,723 | €28,149 | €61,562 | ▲ 119% |
| Deferred charges and accrued income490/1 | - | - | - | €595 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €154,065 | €160,619 | €130,399 | €140,678 | ▲ 7.9% |
| Equity10/15 | €11,858 | -€17,886 | -€33,411 | -€61,740 | ▼ 84.8% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €3,798 | -€25,946 | -€41,471 | -€69,800 | ▼ 68.3% |
| Amounts payable17/49 | €142,207 | €178,505 | €163,810 | €202,417 | ▲ 23.6% |
| Amounts payable after more than one year17 | €86,182 | €62,625 | €46,604 | €26,233 | ▼ 43.7% |
| Financial debts170/4 | - | - | - | €26,233 | - |
| Amounts payable within one year42/48 | €56,025 | €115,880 | €117,205 | €176,184 | ▲ 50.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €22,151 | - |
| Trade debts44 | €19,783 | €54,879 | €60,555 | €136,412 | ▲ 125% |
| Suppliers440/4 | - | - | - | €136,412 | - |
| Taxes, remuneration and social security45 | - | - | - | €17,621 | - |
| Taxes450/3 | - | - | - | €17,289 | - |
| Remuneration and social security454/9 | - | - | - | €332 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,658 | -€29,744 | -€15,524 | -€28,329 | ▼ 82.5% |
| + Depreciation and write-downs630 | €5,920 | €11,482 | €12,504 | €38,754 | ▲ 210% |
| Operating cash flow (approximation) | €11,577 | -€18,262 | -€3,020 | €10,425 | ▲ 445% |
| Investment in fixed assets (approximation) | - | -€4,769 | -€23,537 | €0 | ▲ 100% |
| Change in cash | - | -€35,139 | €1,425 | €33,413 | ▲ 2,244% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
28-01
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 22-01-2026
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
01-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 123 days late
2019
31-12
Financial
Weakest financial yearnet -€29,744
Net result drops to -€29,744, the lowest in the series.
02-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 63 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Waterloo · 2 establishment units since 2018
Ground area
1,406 m²
Building footprint
1,151 m²
Volume, LiDAR
13,473 m³
3 parcels, Flanders, Wallonia · tallest building 15.8 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
ZAPA
since 20182.298.954.834
HUGOVIC
since 20202.306.353.954
3 parcels
Flanders
1
(33.3%)
Wallonia
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763L0424/00D000 | Wallonia | 1,273 m² | 1 · 1,069 m² | 13.0 m · 4 fl. |
| 25763L0393/00_000 | Wallonia | 69 m² | 1 · 34 m² | 10.2 m · 3 fl. |
| 11803C1111/00_000 | Flanders | 63 m² | 1 · 48 m² | 15.8 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANTOINE BRAUN VIEUX CHEMIN DU POETE 11,
1301 BIERGES |
22-01-2026 → present |
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Of 6,495 companies in sector 47716 we hold annual accounts for 2,440. 1,319 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
46419Wholesale trade
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.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.