HUSH
InactiveHUSH was declared bankrupt on 19-10-2023 (Ondernemingsrechtbank Antwerpen, afdeling Hasselt); the bankruptcy was closed for insufficient assets by judgment of 28-01-2025, published in the Belgian State Gazette on 05-02-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-09-2023, 59 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
59 d late
2021
31 d late
2020
30 d late
2019
69 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€-43k▼ 1.6%
2021 · €-42k
2018: €-56k
2019: €-47k
2020: €-39k
2021: €-42k
2018 → 2022
Total assets
€85k=
2021 · €85k
2018: €86k
2019: €85k
2020: €86k
2021: €85k
2018 → 2022
Net result
€-663▲ 79.8%
2021 · €-3k
2018: €-3k
2019: €8k
2020: €8k
2021: €-3k
2018 → 2022
Working capital
€-59k▲ 12.3%
2019 · €-67k
2018: €-76k
2019: €-67k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€-56k-€-47k▲ 15.0%€-39k▲ 17.4%€-42k▼ 8.4%€-43k▼ 1.6%
Operating result€-3k-€9k€12k▲ 34.5%€-536€-494▲ 7.8%
Net result€-3k-€8k€8k▼ 1.3%€-3k€-663▲ 79.8%
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 €494 in 2022 against €536 in 2021; the loss shrinks.
Key figures and ratios
EBITDA
€-454▲
2021 · €-495
Cash flow
€-623▲
2021 · €-3k
Solvency
-50.9%▼
2021 · -50.1%
Debt / equity
-2.97▲
2021 · -3.00
ROA
-0.8%▲
2021 · -3.9%
Interest coverage
-2.69▼
2021 · -0.18
Debt
€128k▲
2021 · €127k
Debt ≤ 1 year
€63k▲
2021 · €62k
Debt > 1 year
€65k=
2021 · €65k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€85k€85k=
Fixed assets21/28€85k€85k=
Tangible fixed assets22/27€1k€1k▼
Land and buildings22€1k€1k▼
Financial fixed assets28€84k€84k=
Equity and liabilities
Total equity and liabilities10/49€85k€85k=
Equity10/15€-42k€-43k▼
Contributions10/11€40k€40k=
Profit (loss) carried forward14€-82k€-83k▼
Amounts payable17/49€127k€128k▲
Amounts payable after more than one year17€65k€65k=
Financial debts170/4€65k€65k=
Amounts payable within one year42/48€62k€63k▲
Financial debts43€1k€1k▲
Credit institutions430/8€1k€1k▲
Trade debts44-€303
Suppliers440/4-€303
Taxes, remuneration and social security45€538€538=
Taxes450/3€538€538=
Other amounts payable47/48€61k€61k▲
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41€41=
Other operating charges640/8€62-
Gross operating margin9900€-433€-454▼
Operating profit (loss)9901€-536€-494▲
Financial charges65/66B€3k€169▼
Recurring financial charges65€3k€169▼
Profit (loss) for the period before taxes9903€-3k€-663▲
Profit (loss) for the period9904€-3k€-663▲
Profit (loss) for the period to be appropriated9905€-3k€-663▲
Appropriation of the result
Profit (loss) to be appropriated9906€-82k€-83k▼
Profit (loss) brought forward from the previous period14P€-79k€-82k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · HUSH BV KEMPISCHE KAAI 70, 3500 HASSELT · event 28-01-2025
2023
25-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · HUSH BV KEMPISCHE KAAI 70, 3500 HASSELT · event 19-10-2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-3k ▼140%
Net result drops to €-3k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 24 days late
2015
21-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 52 days late
2014
15-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 46 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ILSE ROOX HASSALUTHDREEF 12B BUS 2,
3500 HASSELT |
19-10-2023 → present |