HUTAS
ActiveHUTAS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €162k and a net result of €46k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 71% of 26057 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
100
/ 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+49
Solvency98▼-2
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 3.06 against 3.89 in 2023), and 42.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
27 d early
2022
56 d late
2021
29 d late
2020
2 d early
2019
4 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€162k▲ 39.8%
2023 · €116k
2018: €34k
2019: €53k
2020: €82k
2021: €85k
2022: €104k
2023: €116k
2018 → 2024
Total assets
€283k▲ 84.2%
2023 · €154k
2018: €52k
2019: €96k
2020: €168k
2021: €151k
2022: €164k
2023: €154k
2018 → 2024
Net result
€46k▲ 290%
2023 · €12k
2018: €21k
2019: €19k
2020: €29k
2021: €3k
2022: €19k
2023: €12k
2018 → 2024
Working capital
€113k▲ 58.8%
2023 · €71k
2018: €33k
2019: €49k
2020: €58k
2021: €63k
2022: €53k
2023: €71k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€82k-€85k▲ 3.7%€104k▲ 22.0%€116k▲ 11.4%€162k▲ 39.8%
Operating result€31k-€6k▼ 82.3%€21k▲ 283%€19k▼ 9.7%€64k▲ 234%
Net result€29k-€3k▼ 89.6%€19k▲ 517%€12k▼ 36.9%€46k▲ 290%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 234% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €283k
Fixed assets
€116k▲ 98.9%
Current assets
€167k▲ 75.2%
Equity and liabilities €283k
Equity
€162k▲ 39.8%
Debt
€121k▲ 219%
The debt ratio rises from 24.7% to 42.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€100k▲
2023 · €43k
Cash flow
€82k▲
2023 · €35k
Solvency
57.2%▼
2023 · 75.3%
Current ratio
3.06▼
2023 · 3.89
Quick ratio
1.32▼
2023 · 2.67
Debt / equity
0.75▲
2023 · 0.33
ROE
28.5%▲
2023 · 10.2%
ROA
16.3%▲
2023 · 7.7%
Interest coverage
23.84▲
2023 · 13.15
Debt
€121k▲
2023 · €38k
Debt ≤ 1 year
€55k▲
2023 · €25k
Debt > 1 year
€67k▲
2023 · €13k
Income taxes
€14k▲
2023 · €4k
Staff costs
€43k▲
2023 · €3k
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€154k€283k▲
Fixed assets21/28€58k€116k▲
Tangible fixed assets22/27€58k€116k▲
Furniture and vehicles24€57k€103k▲
Leasing and similar rights25€702€13k▲
Current assets29/58€95k€167k▲
Stocks and contracts in progress3€30k€95k▲
Stocks30/36€30k€95k▲
Amounts receivable within one year40/41€5k€26k▲
Trade receivables40€5k€13k▲
Other amounts receivable41-€13k
Cash at bank and in hand54/58€60k€46k▼
Deferred charges and accrued income490/1€360€363▲
Equity and liabilities
Total equity and liabilities10/49€154k€283k▲
Equity10/15€116k€162k▲
Contributions10/11€12k€12k=
Reserves13€103k€149k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€101k€147k▲
Amounts payable17/49€38k€121k▲
Amounts payable after more than one year17€13k€67k▲
Financial debts170/4€13k€67k▲
Amounts payable within one year42/48€25k€55k▲
Current portion of amounts payable after more than one year42€11k€15k▲
Taxes, remuneration and social security45€12k€38k▲
Taxes450/3€11k€32k▲
Remuneration and social security454/9€1k€7k▲
Other amounts payable47/48€934€891▼
Income statement
Code20232024
Non-recurring operating income76A€4k-
Remuneration, social security and pensions62€3k€43k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€36k▲
Other operating charges640/8€2k€9k▲
Gross operating margin9900€47k€152k▲
Operating profit (loss)9901€19k€64k▲
Financial income75/76B-€4
Recurring financial income75-€4
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€16k€60k▲
Income taxes67/77€4k€14k▲
Profit (loss) for the period9904€12k€46k▲
Profit (loss) for the period to be appropriated9905€12k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€46k▲
Transfer to equity691/2€12k€46k▲
To other reserves6921€12k€46k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €46k ▲290%
Operating result €64k, net result €46k, both a record.
31-12
Financial
Equity above €150kEq €162k ▲39.8%
7 profitable years in a row build equity to €162k.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
31-12
Financial
Equity above €100kEq €104k ▲22%
5 profitable years in a row build equity to €104k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet €3k ▼89.6%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
VANDERMEULEN Hub
CurrentNiet statutair bestuurder · since 07-12-2023
07-12-2023
Resigned as Niet statutair bestuurder
07-12-2023
Appointed as Niet statutair bestuurder
Location & real-estate footprint
Registered office, Maaseik · 2 establishment units since 2017
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.
Bosstraat 503680 MaaseikGround area
341 m²
Building footprint
341 m²
Volume, LiDAR
4,115 m³
2 parcels, Flanders · tallest building 28.0 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Beau fashion cafe
since 20172.277.510.411
Lippenslaan 164, 8300 Knokke-Heist
since 20242.356.712.196
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31334B0841/00_000 | Flanders | 185 m² | 1 · 185 m² | 28.0 m · 6 fl. |
| 72021E0899/00E000 | Flanders | 156 m² | 1 · 156 m² | 16.6 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteMaaseik2.277.510.411
Similar companies · same sector, comparable size
RAYAN & CO
BE 0537.243.804
Schaarbeek · Eq €161k
ELALCO
BE 0730.665.168
Hasselt · Eq €167k
DELPHINE B
BE 0817.831.447
Grimbergen · Eq €167k
DICALL
BE 0461.676.349
Nivelles · Eq €150k
Benetti Fashion
BE 0687.973.884
Antwerpen · Eq €150k
Of 500 companies in sector 47713 we hold annual accounts for 196. 147 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-06-2017
Fiscal year end31-12
Activities, NACEBEL
47713Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47721Retail sale of footwear
47770Retail sale of watches and jewellery
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.