Equity
€113,438 ▲ 59.5%
Hides has made a profit in every financial year since 2022.
Hulpiau Hides
Lifetime
4 annual accounts with figures on one time axispeak €407,031 (2025)
€407,031▲ 32.7%
peak €42,316 (2025)
€42,316▲ 32×
peak €113,438 (2025)
€113,438▲ 59.5%
€653,033▼ 20.3%
peak 7.3 FTE (2025)
7.3 FTE▲ 19.7%
Board4 names since 2021
1 director
Documentsfilings and deeds
31-03-202691 days before the deadline
2025abbreviated format
Gross margin from €306,635 to €407,031Result from €1,315 to €42,316Staff from 6.1 FTE to 7.3 FTE1 director resigning 29-07Equity from €71,122 to €113,438Debts from €819,207 to €653,033
Key points
from the 2025 annual accountsTurnover
≈ €2.1m estimated
The accounts state no turnover.
Debts
€653,033 85% of the balance sheet
Financial debts 12%Suppliers 8%Taxes and wages 6%Other 75%
Of this, €577,347 falls due within a year.
Investments
€155,091 2.0 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 492.6% higher than in 2024.
Staff
7 employees on 30-11-2025
In 2025, 9 people joined and 11 left.
Position in the sector
14.8%
Lower solvency than 80% of companies in wholesale trade. Sector median 44.1% · 10,745 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,983 companies had the same profile as Hulpiau Hides has now. Each dot stands for 20 companies, two years later.
94.2%
were still trading
1.9%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,983 companies, not a prediction for Hulpiau Hides. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
- 500 sharesdeed of 02-12-2021
- 500 sharesdeed of 02-12-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0777875662
1 director resigning
· Permanent representatives: and · Director discharge: · General meeting of 08-07-2025 · Gazette deed
2 directors appointed, 2 resignations
Resignations: and · Appointments: and · Permanent representatives: and · General meeting of 15-11-2023 · Gazette deed
Incorporation
Founding capital of €2,000, 1,000 shares · Founders: and · Appointments: (director) and (director) · published on 02-12-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Hulpiau Hides Dendermonde | €0.8m | €407,031 | 14.8% | 7.3 |
| GEBEMA Nivelles | €1.1m | €99,938 | 48.0% | - |
| VERSTEE Oostkamp | €0.2m | €91,846 | 2.5% | 1.6 |
| 2DEK Tournai | €0.2m | €50,463 | 39.3% | - |
| OTBI Brussels | €0.2m | €69,437 | 48.0% | - |
| DELETEX Waregem | €3.2m | €247,955 | 94.0% | 3.3 |
| LEDERHANDEL BERTEN-SEIJNHAEVE Zonhoven | €0.7m | €143,709 | 86.6% | 0 |
These companies have the same main activity as Hides: wholesale trade (NACE 46240). They are comparable in size and age: total assets between €156,000 and €3.2m, founded between 1995 and 2022.
Official details
Source: KBO- Status
- Active since 30-11-2021Normal situation
- Activity
- Wholesale tradeNACE 46240
- Establishment unit
- 2.324.533.3389200 Dendermonde, since 30-11-2021
- Financial year end
- 30 November
- Peppol
- Reachable since 03-01-2026
Annual accounts to 30-11-2025
- €766,472▼ 13.9%
- Employeeson 30-11-2025
- 7▼ 22.2%
- Filing
- Filed on 31-03-2026, 91 days before the end of the filing period
Insights on Hulpiau Hides
Hides files the abbreviated format. That format states no turnover. The gross margin rose from €339,237 in 2022 to €407,031 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Hulpiau Hides
- What is the company number of Hulpiau Hides?
- The company number of Hides is 0777.875.662. The VAT number is the same number with BE in front: BE 0777.875.662.
- Where is Hulpiau Hides based?
- The registered office is at Briel 19, 9200 Dendermonde.Company details
- What does Hulpiau Hides do?
- According to the KBO register, the main activity is wholesale trade (NACE 46240).
- What is the legal form of Hulpiau Hides?
- Hides is a private limited company (BV).
- When was Hulpiau Hides founded?
- Hides was founded on 30-11-2021.
- Is Hulpiau Hides still active?
- Yes, Hides is an active enterprise in the KBO register.
- How many employees does Hulpiau Hides have?
- Hides had an average of 7.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Hulpiau Hides?
- The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €407,031 and 139 comparable companies (NACE 46). It probably lies between €1.3m and €3.5m.
- Is Hulpiau Hides profitable?
- In financial year 2025, Hides made a profit of €42,316.
- Where can I find the annual accounts of Hulpiau Hides?
- Hides filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Hulpiau Hides due?
- Hides must file the annual accounts for financial year 2026 by 30-06-2027.Timeline
Next steps
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