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HUPICO

Active
Private limited companyfounded 199432 yrs activeTulpenstraat 17, 9810 Nazareth, BelgiumKBO/BCE: BE 0451.940.519
Summary

HUPICO has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€36,776) and a net result of -€411,497. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 9% of 9085 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisWatch ReportCompare
HUPICOActiveChecked score 32/100
Risk analysis ReportCompare

Overview

What they do
Wholesale trade
NACE 46648NACE 46640Wholesale of other machinery and equipment NACE 46649
1 site
How big
€1.1mtotal assets 2024
Staff
4.5 FTE
Equity
-€36,776
Loss
-€411,497
Turnover not published (abridged schema)Net result -174%: 18-month year
Financially healthy?
32 Weak Checked score 2024
Bankruptcy chance 12 m
0.7%
Who decides
Parent
IAMTEC · 100%
Accounts filed 31 d late0 of 5 deeds read
Why 32- Annual accounts: weaker financial profile- Higher-failure-rate sector- Negative equity+ Long track recordFiled after the deadlineShow the evidence

Checked score

Score 2024
32 / 100
Weak
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-6
Solvency22▼-28
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.93 against 1.35 in 2023; short-term debt: 81.3% and cash: 0% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-3.4%
Return on assets
-38%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
192021222324
2019 to 2024 · latest year -€36,776
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2024
31 d late
2023
on the day
2022
on the day
2021
on the day
2020
1 d late
2019
11 d early
2018
20 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Weakest financial yearnet -€411,497
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€36,776 View
  • Caution: Among the weakest 5% on net resultsector median €40,118 · 9,080 companies -€411,497 View
  • Result fell in 202418-month fiscal year ▼ 174% View
  • Controlled by IAMTECultimately: STICON 100% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2024 -€411,497 View

By topic

Financials

Fiscal year
2024
Total assets
€1.1m
Loss
-€411,497
Solvency
-3.4%
Total assets▼ 28.8%
Net result
20192024
Go to Financials

Timeline

Events
13
Since
2016
  1. 31-08-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 31-01-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale tradeNACE 46648
Founded
10-02-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark

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