Hupko Agri
ActiveHupko Agri has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €149k and a net result of €26k. Equity is growing by ~40.3% per year across the filed fiscal years. Its solvency ranks better than 32% of 3941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▼-1
Solvency40▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.49 against 0.39 in 2023; short-term debt: 51.2% and cash: 3.9% of total assets), and 85.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three 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 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
13 d early
2022
6 d early
2021
30 d late
2020
30 d late
2019
66 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€149k▲ 20.8%
2023 · €124k
2018: €17k
2019: €33k
2020: €41k
2021: €68k
2022: €91k
2023: €124k
2018 → 2024
Total assets
€1.01M▲ 10.3%
2023 · €916k
2018: €256k
2019: €313k
2020: €328k
2021: €566k
2022: €665k
2023: €916k
2018 → 2024
Net result
€26k▼ 20.1%
2023 · €32k
2018: €1k
2019: €10k
2020: €8k
2021: €26k
2022: €24k
2023: €32k
2018 → 2024
Working capital
€-261k▲ 15.4%
2023 · €-309k
2018: €-85k
2019: €-68k
2020: €-144k
2021: €-178k
2022: €-236k
2023: €-309k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€41k-€68k▲ 63.4%€91k▲ 34.8%€124k▲ 35.3%€149k▲ 20.8%
Operating result€10k-€30k▲ 188%€27k▼ 9.9%€38k▲ 43.0%€41k▲ 6.4%
Net result€8k-€26k▲ 212%€24k▼ 10.4%€32k▲ 36.7%€26k▼ 20.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 6% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.01M
Fixed assets
€754k▲ 4.9%
Current assets
€256k▲ 30.3%
Equity and liabilities €1.01M
Equity
€149k▲ 20.8%
Debt
€861k▲ 8.7%
The debt ratio falls from 86.5% to 85.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€227k▲
2023 · €181k
Cash flow
€212k▲
2023 · €175k
Solvency
14.8%▲
2023 · 13.5%
Current ratio
0.49▲
2023 · 0.39
Quick ratio
0.49▲
2023 · 0.39
Debt / equity
5.77▼
2023 · 6.41
ROE
17.2%▼
2023 · 26.1%
ROA
2.5%▼
2023 · 3.5%
Interest coverage
15.05▼
2023 · 29.33
Debt
€861k▲
2023 · €792k
Debt ≤ 1 year
€518k▲
2023 · €506k
Debt > 1 year
€333k▲
2023 · €287k
Staff costs
€102k▲
2023 · €94k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€916k€1.01M▲
Fixed assets21/28€719k€754k▲
Tangible fixed assets22/27€719k€754k▲
Plant, machinery and equipment23€563k€635k▲
Furniture and vehicles24€157k€119k▼
Current assets29/58€197k€256k▲
Amounts receivable within one year40/41€182k€213k▲
Trade receivables40€151k€211k▲
Other amounts receivable41€31k€2k▼
Cash at bank and in hand54/58€10k€39k▲
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€916k€1.01M▲
Equity10/15€124k€149k▲
Contributions10/11€19k€19k=
Reserves13€105k€131k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€103k€129k▲
Amounts payable17/49€792k€861k▲
Amounts payable after more than one year17€287k€333k▲
Financial debts170/4€287k€333k▲
Amounts payable within one year42/48€506k€518k▲
Current portion of amounts payable after more than one year42€125k€93k▼
Trade debts44€19k€21k▲
Suppliers440/4€19k€21k▲
Taxes, remuneration and social security45€16k€45k▲
Taxes450/3€830€27k▲
Remuneration and social security454/9€16k€18k▲
Other amounts payable47/48€346k€358k▲
Accrued charges and deferred income492/3-€10k
Income statement
Code20232024
Non-recurring operating income76A€0€29k▲
Remuneration, social security and pensions62€94k€102k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€142k€186k▲
Other operating charges640/8€523€718▲
Gross operating margin9900€275k€330k▲
Operating profit (loss)9901€38k€41k▲
Financial income75/76B€37€49▲
Recurring financial income75€37€49▲
Financial charges65/66B€6k€15k▲
Recurring financial charges65€6k€15k▲
Profit (loss) for the period before taxes9903€32k€26k▼
Profit (loss) for the period9904€32k€26k▼
Profit (loss) for the period to be appropriated9905€32k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€26k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€32k€26k▼
To other reserves6921€32k€26k▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €32k ▲36.7%
Net result €32k, the highest in the series.
31-12
Financial
Equity above €100kEq €124k ▲35.3%
6 profitable years in a row build equity to €124k.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kortenaken · 1 establishment unit since 2016
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.
Baaistraat 823470 KortenakenGround area
2,194 m²
Building footprint
485 m²
Volume, LiDAR
2,654 m³
2 parcels, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hupko Agri
since 20162.255.570.001
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24091A0159/00V000 | Flanders | 1,156 m² | 1 · 146 m² | 8.4 m · 2 fl. |
| 24017B0163/00K000 | Flanders | 1,039 m² | 1 · 338 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,820 EUR awarded · 2,820 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,820 EUR | 2,820 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteZoutleeuw2.255.570.001
Similar companies · same sector, comparable size
JADOUL C. L. O.
BE 0444.508.636
Ramillies · Eq €149k
SHAPERS
BE 0662.358.560
Holsbeek · Eq €150k
FERME DEPUYDT
BE 1009.106.638
Estinnes · Eq €149k
ISAPLY AGRO
BE 0797.123.333
Juprelle · Eq €149k
BRANSWIJK
BE 0859.821.856
Gavere · Eq €151k
Of 5,168 companies in sector 01110 we hold annual accounts for 612. 482 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-07-2016
Fiscal year end31-12
Activities, NACEBEL
01110Growing of cereals (except rice), leguminous crops and oil seeds
01610Support activities for crop production
01130Growing of vegetables, melons, roots and tubers
01630Crop and animal production, hunting and related service activities
35110Production of electricity from non-renewable sources
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.