HUGUES CISELET
HUGUES CISELET has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €388k and a net result of €-191k. Equity is shrinking by ~16% per year across the filed fiscal years. Its solvency ranks better than 30% of 19340 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
| Equity | €388k |
| Net result | €-191k |
| Better than sector | 30% |
| Active | 25 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 9.0% | 31.1% | |
| Net result | €-191k | €4k | |
| Equity | €388k | €87k | |
| Gross operating margin | €-120k | €39k | |
| Total assets | €4.33M | €441k |
Figures by fiscal year and ratios
| Fiscal year | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ | 2020 Δ |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | abbreviated schema | full schema |
| Revenue | - | - | - | - | - |
| EBITDA | - | - | - | -40.8% | - |
| Net profit | - | - | - | -48.9% | - |
| Cash flow | - | - | - | -21.5% | - |
| Staff costs | - | - | - | - | - |
| Income taxes | +25.8% | +11.3% | -97.3% | -53.3% | - |
| Dividends | - | - | - | - | - |
| Total assets | -10.0% | -0.1% | -2.9% | +0.4% | - |
| Equity | -71.7% | +2.4% | -8.9% | -18.3% | - |
| Debt | +14.4% | -1.1% | -0.4% | +11.1% | - |
| of which ≤ 1y | +46.4% | -2.9% | -4.6% | +277.4% | - |
| of which > 1y | -0.3% | -0.2% | +1.8% | -18.0% | - |
| Working capital | - | +7.2% | -9.0% | -33.9% | - |
| Employees (FTE) | - | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | 0.65 | 2.79 | 2.62 | 2.70 | 10.69 |
| Quick ratio | 0.65 | 2.79 | 2.62 | 2.70 | 10.69 |
| Working capital ratio | -12.8% | 40.2% | 37.5% | 40.0% | 60.8% |
| Solvency | 9.0% | 28.4% | 27.7% | 29.6% | 36.3% |
| Debt / equity | 10.16 | 2.52 | 2.60 | 2.38 | 1.58 |
| Long-term debt ratio | 6.07 | 1.72 | 1.77 | 1.58 | 1.58 |
| Interest coverage | -2.92 | 2.51 | -0.91 | 2.98 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -4.4% | 0.7% | -2.7% | 1.4% | 2.7% |
| ROE | -49.1% | 2.4% | -9.8% | 4.7% | 7.5% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €4.33M | €4.81M | €4.81M | €4.96M | €4.94M |
| Fixed assets | 21/28 | €3.30M | €1.79M | €1.90M | €1.81M | €1.63M |
| Tangible fixed assets | 22/27 | €676k | €733k | €828k | €789k | €725k |
| Financial fixed assets | 28 | €2.62M | €1.06M | €1.07M | €1.02M | €903k |
| Current assets | 29/58 | €1.03M | €3.02M | €2.92M | €3.15M | €3.31M |
| Amounts receivable within one year | 40/41 | €681k | €1.11M | €661k | €746k | €645k |
| Investments | 50/53 | €10k | €10k | €10k | €10k | €10k |
| Cash & bank | 54/58 | €12k | €129k | €125k | €171k | €194k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.33M | €4.81M | €4.81M | €4.96M | €4.94M |
| Equity | 10/15 | €388k | €1.37M | €1.34M | €1.47M | €1.79M |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | - |
| Reserves | 13 | €658k | €1.45M | €1.45M | €1.45M | €1.78M |
| Accumulated profits (losses) | 14 | €-289k | €-98k | €-130k | - | €-167k |
| Amounts payable | 17/49 | €3.94M | €3.44M | €3.48M | €3.49M | €3.14M |
| Amounts payable after one year | 17 | €2.35M | €2.36M | €2.36M | €2.32M | €2.83M |
| Amounts payable within one year | 42/48 | €1.59M | €1.08M | €1.11M | €1.17M | €309k |
| Trade debts payable within one year | 44 | €35k | €19k | €16k | €78k | €10k |
| Income statement | ||||||
| Gross operating margin | 9900 | €-120k | €125k | €-22k | €146k | €204k |
| Operating result | 9901 | €-204k | €15k | €-135k | €47k | €156k |
| Financial income | 75 | €60k | €64k | €50k | €100k | €251k |
| Financial charges | 65 | €45k | €45k | €45k | €40k | €23k |
| Result before taxes | 9903 | €-189k | €33k | €-129k | €107k | €385k |
| Income taxes | 67/77 | €1k | €1k | €1k | €38k | €82k |
| Net result for the period | 9904 | €-191k | €32k | €-130k | €69k | €303k |
| Result to be appropriated | 9905 | €-191k | €32k | €-130k | €69k | €303k |
| NACE primary | Buying and selling of own real estate(68110) |
| Legal form | Private limited company(610) |
| Incorporation | 05-01-2001 |
| Status | Active |
| Postal code | 1640 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22552E0043/00N070 | Flanders | 3,458 m² | 1 · 255 m² | 10.3 m · 2 fl. |
| 25024A0196/00P000 | Wallonia | 2,979 m² | 1 · 284 m² | 7.8 m · 2 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
15-02-2022 Registered office moved from Couture-Saint-Germain to Rhode-Saint-Genèse
- B-1380 Couture-Saint-Germain, clos des Faisans, 2 → B-1640 Rhode-Saint-Genèse, chaussée de la Grande Espinette, 170В
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "B-1640 Rhode-Saint-Gen\u00E8se, chauss\u00E9e de la Grande Espinette, 170\u0412",
"city": "Rhode-Saint-Gen\u00E8se",
"region": "vlaams_gewest",
"street": "chauss\u00E9e de la Grande Espinette",
"country": "BE",
"postcode": "1640",
"box_number": "B",
"street_number": "170",
"locality_suffix": null
},
"old_address": {
"raw": "B-1380 Couture-Saint-Germain, clos des Faisans, 2",
"city": "Couture-Saint-Germain",
"region": "waals_gewest",
"street": "clos des Faisans",
"country": "BE",
"postcode": "1380",
"box_number": null,
"street_number": "2",
"locality_suffix": null
},
"effective_date": "2022-02-04",
"evidence_quote": "",
"region_changed": true,
"is_statute_change": true,
"nationality_change": true,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": true,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Louis-Philippe Marcelis",
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2022-02-15",
"filing_date": "2000-12-18",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e g\u00E9n\u00E9rale extraordinaire des actionnaires",
"date": "2022-02-04",
"unanimous": null
},
"subject_company": {
"kbo": "0473.717.415",
"name_full": "HUGUES CISELET",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Louis Philippe Marcelis",
"org_rep_person_name": null,
"person_role_at_subject": "Notaire"
},
"co_filed_documents": [
"une exp\u00E9dition"
]
}| Legal nameFR | HUGUES CISELET |