HUKARGO N.V.
ActiveHUKARGO N.V. has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.43M and a net result of €-21k. Equity is growing by ~51% per year across the filed fiscal years. Its solvency ranks better than 90% of 13977 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability30▼-38
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
short-term debt: 0.5% and cash: 1.3% of total assets, and 11.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
88.3%
Return on assets
-1.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
58 d early
2023
8 d early
2022
37 d late
2021
3 d early
2020
96 d late
2019
40 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.43M▼ 1.4%
2024 · €1.45M
2018: €61k
2019: €385k
2020: €324k
2021: €234k
2022: €1.50M
2023: €1.46M
2024: €1.45M
2018 → 2025
Total assets
€1.61M▲ 5.7%
2024 · €1.53M
2018: €1.24M
2019: €1.13M
2020: €957k
2021: €1.01M
2022: €1.73M
2023: €1.68M
2024: €1.53M
2018 → 2025
Net result
€-21k▼ 79.6%
2024 · €-11k
2018: €-129k
2019: €324k
2020: €-61k
2021: €-90k
2022: €1.27M
2023: €-45k
2024: €-11k
2018 → 2025
Working capital
€1.47M▲ 14.6%
2024 · €1.29M
2018: €-786k
2019: €-161k
2020: €139k
2021: €239k
2022: €1.33M
2023: €1.26M
2024: €1.29M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€234k-€1.50M▲ 543%€1.46M▼ 3.0%€1.45M▼ 0.8%€1.43M▼ 1.4%
Operating result€-92k-€1.66M€-37k€-12k▲ 68.2%€-2k▲ 83.5%
Net result€-90k-€1.27M€-45k€-11k▲ 74.4%€-21k▼ 79.6%
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 €2k in 2025 against €12k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.61M
Fixed assets
€132k▼ 18.7%
Current assets
€1.48M▲ 8.6%
Equity and liabilities €1.61M
Equity
€1.43M▼ 1.4%
Debt
€189k▲ 133%
The debt ratio rises from 5.3% to 11.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€28k▲
2024 · €22k
Cash flow
€10k▼
2024 · €22k
Solvency
88.3%▼
2024 · 94.7%
Debt / equity
0.13▲
2024 · 0.06
ROE
-1.4%▼
2024 · -0.8%
ROA
-1.3%▼
2024 · -0.7%
Interest coverage
1.48▼
2024 · 110.92
Debt
€189k▲
2024 · €81k
Debt ≤ 1 year
€9k▼
2024 · €79k
Debt > 1 year
€180k▲
2024 · €2k
A ratio outside any meaningful range has been withheld (balance sheet total €1.61M, equity €1.43M).
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€1.53M€1.61M▲
Fixed assets21/28€162k€132k▼
Tangible fixed assets22/27€162k€132k▼
Land and buildings22€142k€126k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€18k€4k▼
Current assets29/58€1.36M€1.48M▲
Amounts receivable after more than one year29€190k€190k=
Other amounts receivable291€190k€190k=
Stocks and contracts in progress3-€4k
Stocks30/36-€4k
Amounts receivable within one year40/41€1.15M€1.26M▲
Trade receivables40€30k€34k▲
Other amounts receivable41€1.12M€1.23M▲
Cash at bank and in hand54/58€24k€21k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.53M€1.61M▲
Equity10/15€1.45M€1.43M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.38M€1.36M▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€1.38M€1.36M▼
Amounts payable17/49€81k€189k▲
Amounts payable after more than one year17€2k€180k▲
Financial debts170/4-€180k
Other amounts payable178/9€2k-
Amounts payable within one year42/48€79k€9k▼
Trade debts44€78k€7k▼
Suppliers440/4€78k€7k▼
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Income statement
Code20242025
Non-recurring operating income76A-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€30k▼
Other operating charges640/8€4k€2k▼
Gross operating margin9900€25k€31k▲
Operating profit (loss)9901€-12k€-2k▲
Financial income75/76B€377€549▲
Recurring financial income75€377€549▲
Financial charges65/66B€196€19k▲
Recurring financial charges65€196€19k▲
Profit (loss) for the period before taxes9903€-11k€-21k▼
Profit (loss) for the period9904€-11k€-21k▼
Profit (loss) for the period to be appropriated9905€-11k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-21k▼
Transfer from equity791/2€11k€21k▲
The notes to these accounts (5 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
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 10current ratio 168.60
Current ratio from 17.23 to 168.60; short-term debt falls from €79k to €9k.
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 17.23
Current ratio from 6.65 to 17.23; short-term debt falls from €224k to €79k.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 37 days late
2022
31-12
Financial
Back to profitnet €1.27M
Net result €1.27M after 2 loss-making years.
31-12
Financial
Equity above €1MEq €1.50M ▲543%
Equity rises from €234k to €1.50M.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 96 days late
2020
31-12
Financial
Liquidity times 23current ratio 9.93
Current ratio from 0.43 to 9.93; short-term debt falls from €284k to €16k.
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
31-12
Financial
Back to profitnet €324k
Net result €324k after one loss-making year.
31-12
Financial
Equity above €200kEq €385k ▲535%
Equity rises from €61k to €385k.
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 41 days late
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 49 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Lier · 1 establishment unit since 1993
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.
Begijnhofstraat 172500 LierGround area
985 m²
Building footprint
311 m²
Volume, LiDAR
2,409 m³
Parcel 12021K0129/00D000, Flanders · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Begijnhofstraat 17, 2500 Lier
since 19932.060.331.666
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12021K0129/00D000 | Flanders | 985 m² | 1 · 311 m² | 12.5 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Legal Entity Identifier
875500GUAKFB29FXPB46
Similar companies · same sector, comparable size
Bernaerts Building
BE 0789.571.783
Antwerpen · Eq €1.42M
Perruche
BE 0474.529.245
Aalter · Eq €1.43M
BUREAU D'AFFAIRES ET DE GESTION
BE 0417.210.757
Awans · Eq €1.43M
JERONIMMO
BE 0860.190.159
Elsene · Eq €1.42M
GENERATION 2000
BE 0432.862.104
Thimister-Clermont · Eq €1.43M
Of 12,018 companies in sector 68203 we hold annual accounts for 5,984. 3,897 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-10-1992
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.