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HURUCON

Active Risk: very low
Limited partnershipfounded 201610 yrs activeReeweg 58, 3600 Genk, BelgiumKBO/BCE: BE 0651.746.562
Summary

HURUCON has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2021 annual accounts show equity of €348,773 and a net result of €10,430. Equity is growing by ~29% per year across the filed fiscal years. Its solvency ranks better than 90% of 15672 sector peers (fiscal year 2021). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Axes, FY 2021 · tick = 2021
Profitability72▼-28
Solvency100▲+100
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2021
Solvency, return and age of the figures
Solvency
87.3%
Return on assets
2.6%
Age of the figures
57 mo
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-08-2022, 30 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 · 6 filings
Deviation from the deadline
2021
30 d late
2021
6 d early
2020
10 d early
2019
45 d early
2018
9 d early
2017
42 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 14 days before the deadline; the sector median for financial year 2021 is 3 days before the deadline, and 41% 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

History

On 8 April 2016, HURUCON was incorporated.1 Total assets went from EUR 19,041 in 2019 to EUR 399,634 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021

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Financials · fiscal year 2021, micro schema

Equity
€348,773
2021 · -€20,218
Total assets
€399,634▲ 1,378%
2021 · €27,043
Net result
€10,430▼ 44.6%
2021 · €18,826
Working capital
-€3,684▲ 86.9%
2021 · -€28,073
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2019202020212021
Operating result-€3,130-€4,763€22,429▲ 371%€15,553-
Net result-€4,265-€3,826within the sector's middle half€18,826within the sector's middle half▲ 392%€10,430within the sector's middle half-
Equity-€42,870--€39,044below the sector's middle half▲ 8.9%-€20,218below the sector's middle half▲ 48.2%€348,773above the sector's middle half-
Total assets€19,041-€25,442below the sector's middle half▲ 33.6%€27,043below the sector's middle half▲ 6.3%€399,634within the sector's middle half-
Debt€61,911-€64,486▲ 4.2%€47,261▼ 26.7%€50,861-
Working capital-€43,840--€39,418within the sector's middle half▲ 10.1%-€28,073within the sector's middle half▲ 28.8%-€3,684within the sector's middle half-
Solvency-225.1%--153.5%below the sector's middle half▲ 71.7pp-74.8%below the sector's middle half▲ 78.7pp87.3%above the sector's middle half-
Current ratio0.29-0.39below the sector's middle half▲ 0.100.41below the sector's middle half▲ 0.020.93within the sector's middle half-
Return on assets (ROA)-22.4%-15.0%above the sector's middle half▲ 37.4pp69.6%above the sector's middle half▲ 54.6pp2.6%within the sector's middle half-
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2019: -€3,130-€3,130Net result 2019: -€4,265-€4,265Operating result 2020: €4,763€4,763Net result 2020: €3,826€3,826Operating result 2021: €22,429€22,429Net result 2021: €18,826€18,826Operating result 2021: €15,553€15,553Net result 2021: €10,430€10,4302019202020212021€0€10,000€20,000Operating result 2020: €4,763€4,760Net result 2020: €3,826€3,830Operating result 2021: €22,429€22,400Net result 2021: €18,826€18,800Operating result 2021: €15,553€15,600Net result 2021: €10,430€10,400202020212021
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2021 in colour, 2021 as the grey bar beneath
Assets €399,634
Fixed assets €352,457 ▲ 4,387%
Current assets €47,177 ▲ 146%
Equity and liabilities €399,634
Equity €348,773
Debt €50,861
Debt finances 12.7% of the balance-sheet total.
Key figures and ratios
2021 value · change against 2021
EBITDA
€17,111▼
2021 · €24,299
Cash flow
€11,989▼
2021 · €20,696
Debt to equity
0.15
ROE
3.0%
Interest coverage
176.90
Debt ≤ 1 year
€50,861▲
2021 · €47,261
Income taxes
€5,025▲
2021 · €3,412
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2021 · 34 lines
Balance sheet Code20212021
Assets
Total assets20/58€27,043€399,634▲
Fixed assets21/28€7,856€352,457▲
Tangible fixed assets22/27€7,856€352,457▲
Land and buildings22-€346,160
Furniture and vehicles24-€6,297
Current assets29/58€19,187€47,177▲
Amounts receivable within one year40/41€3,795€18,315▲
Trade receivables40-€18,315
Cash at bank and in hand54/58€13,606€27,545▲
Deferred charges and accrued income490/1-€1,317
Equity and liabilities
Total equity and liabilities10/49€27,043€399,634▲
Equity10/15-€20,218€348,773▲
Contributions10/11-€364,760
Profit (loss) carried forward14-€26,418-€15,987▲
Amounts payable17/49€47,261€50,861▲
Amounts payable within one year42/48€47,261€50,861▲
Trade debts44€1,384€3,188▲
Suppliers440/4-€3,188
Taxes, remuneration and social security45-€11,042
Taxes450/3-€11,042
Other amounts payable47/48-€36,631
Income statement Code20212021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,870€1,559▼
Other operating charges640/8-€999
Gross operating margin9900€25,934€18,110▼
Operating profit (loss)9901€22,429€15,553▼
Recurring financial income75€0-
Financial charges65/66B-€97
Recurring financial charges65€191€97▼
Profit (loss) for the period before taxes9903€22,239€15,456▼
Income taxes67/77€3,412€5,025▲
Profit (loss) for the period9904€18,826€10,430▼
Profit (loss) for the period to be appropriated9905€18,826€10,430▼
Appropriation of the result
Profit (loss) to be appropriated9906--€15,987
Profit (loss) brought forward from the previous period14P--€26,418

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€784€597€1,870€1,559-
Other operating charges640/8---€999-
Gross operating margin9900-€734€6,218€25,934€18,110-
Operating profit (loss)9901-€3,130€4,763€22,429€15,553-
Recurring financial income75-€1€0--
Financial charges65/66B---€97-
Recurring financial charges65€619€434€191€97-
Profit (loss) for the period before taxes9903-€3,749€4,329€22,239€15,456-
Income taxes67/77€516€503€3,412€5,025-
Profit (loss) for the period9904-€4,265€3,826€18,826€10,430-
Profit (loss) for the period to be appropriated9905-€4,265€3,826€18,826€10,430-
Line2019202020212021Change
Assets
Total assets20/58€19,041€25,442€27,043€399,634-
Fixed assets21/28€970€374€7,856€352,457-
Tangible fixed assets22/27€970€374€7,856€352,457-
Land and buildings22---€346,160-
Furniture and vehicles24---€6,297-
Current assets29/58€18,071€25,068€19,187€47,177-
Amounts receivable within one year40/41€11,072€9,240€3,795€18,315-
Trade receivables40---€18,315-
Cash at bank and in hand54/58€3,974€13,867€13,606€27,545-
Deferred charges and accrued income490/1---€1,317-
Equity and liabilities
Total equity and liabilities10/49€19,041€25,442€27,043€399,634-
Equity10/15-€42,870-€39,044-€20,218€348,773-
Contributions10/11€6,200--€364,760-
Profit (loss) carried forward14-€49,070-€45,244-€26,418-€15,987-
Amounts payable17/49€61,911€64,486€47,261€50,861-
Amounts payable within one year42/48€61,911€64,486€47,261€50,861-
Trade debts44€2,366€1,392€1,384€3,188-
Suppliers440/4---€3,188-
Taxes, remuneration and social security45---€11,042-
Taxes450/3---€11,042-
Other amounts payable47/48---€36,631-
Line2019202020212021Change
Profit (loss) for the period9904-€4,265€3,826€18,826€10,430-
+ Depreciation and write-downs630€784€597€1,870€1,559-
Operating cash flow (approximation)-€3,481€4,423€20,696€11,989-
Investment in fixed assets (approximation)-€0-€9,352--
Change in cash-€9,893-€261--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
25-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €200,000Eq €348,773
3 profitable years in a row build equity to €348,773.
30-06
Financial Highest result since 2019net €18,826 ▲392%
Operating result €22,429, net result €18,826, both a record.
21-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Back to profitnet €3,826
Net result €3,826 after one loss-making year.
2019
17-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
22-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
20-12
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.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Genk · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
3,184 m²
Building footprint
303 m²
Volume, LiDAR
1,672 m³
Parcel 71304D0159/00D003, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HURUCON
Reeweg 58, 3600 GenkFinancial service activities, except insurance and pension funding
since 20162.252.203.111
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71304D0159/00D003 Flanders 3,184 m² 1 · 303 m² 9.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 9,146 companies in sector 68201 we hold annual accounts for 6,775. 5,026 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formLimited partnership
Founded08-04-2016
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0651746562
Also 9925:BE0651746562
Registered 09-04-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.