Summary
Hutstuf is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €892,435 and a net result of -€172,561. Equity is shrinking by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 17% of 5593 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 5593 sector peers (2025).
NBB · sector comparisonPosition among 5593 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
53 d early
2024
41 d early
2023
33 d early
2022
32 d early
2021
40 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 40 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 21 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#2 company by total assets in Rumst, Finance and insurance sector#5 company by equity in Rumst, Finance and insurance sector
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€892,435▼ 16.2%
2024 · €1.1m
Net result
-€172,561▲ 38.3%
2024 · -€279,596
Total assets
€6.1m▲ 25.5%
2024 · €4.9m
Solvency
14.6%▼ 7.3pp
2024 · 21.9%
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€202,803--€213,052▼ 5.1%-€250,732▼ 17.7%-€267,438▼ 6.7%-€137,863▲ 48.5%
Net result-€195,413below the sector's middle half--€208,032below the sector's middle half▼ 6.5%-€251,962below the sector's middle half▼ 21.1%-€279,596below the sector's middle half▼ 11.0%-€172,561below the sector's middle half▲ 38.3%
Equity€1.8mwithin the sector's middle half-€1.6mwithin the sector's middle half▼ 11.5%€1.3mwithin the sector's middle half▼ 15.8%€1.1mwithin the sector's middle half▼ 20.8%€892,435within the sector's middle half▼ 16.2%
Total assets€1.8mwithin the sector's middle half-€3.3mwithin the sector's middle half▲ 84.8%€3.7mwithin the sector's middle half▲ 11.9%€4.9mabove the sector's middle half▲ 30.0%€6.1mabove the sector's middle half▲ 25.5%
Debt€3,344-€1.7m▲ 52,043%€2.4m▲ 37.3%€3.8m▲ 58.5%€5.2m▲ 37.2%
Working capital€776,169above the sector's middle half-€1.8mabove the sector's middle half▲ 132%€2.2mabove the sector's middle half▲ 20.5%€3.2mabove the sector's middle half▲ 49.5%€4.5mabove the sector's middle half▲ 38.9%
Solvency99.8%above the sector's middle half-47.8%within the sector's middle half▼ 52.0pp36.0%within the sector's middle half▼ 11.8pp21.9%below the sector's middle half▼ 14.0pp14.6%below the sector's middle half▼ 7.3pp
Current ratio62.79above the sector's middle half36.85above the sector's middle half▼ 25.9465.28above the sector's middle half▲ 28.42
Return on assets (ROA)-10.8%below the sector's middle half--6.2%below the sector's middle half▲ 4.6pp-6.7%below the sector's middle half▼ 0.5pp-5.8%below the sector's middle half▲ 1.0pp-2.8%below the sector's middle half▲ 2.9pp
Staff (FTE)0.3below the sector's middle half-0.4within the sector's middle half▲ 33.3%1.2within the sector's middle half▲ 200%2above the sector's middle half▲ 66.7%2.5above the sector's middle half▲ 25.0%
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €137,863 in 2025 against €267,438 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.1m
Fixed assets
€1.5m ▼ 0.4%
Current assets
€4.6m ▲ 37.3%
Equity and liabilities €6.1m
Equity
€892,435 ▼ 16.2%
Debt
€5.2m ▲ 37.2%
Debt's share of the balance-sheet total rises from 78.1% to 85.4%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-19.3%▲
2024 · -26.3%
Debt ≤ 1 year
€70,162▼
2024 · €90,541
Debt > 1 year
€5.1m▲
2024 · €3.7m
Staff costs
€93,942▲
2024 · €72,994
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €10,762 | €21,906 | €45,278 | €72,994 | €93,942 | ▲ 28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,826 | €8,929 | €10,601 | €9,843 | €5,755 | ▼ 41.5% |
| Other operating charges640/8 | €1,108 | €750 | €2,586 | €1,331 | €1,499 | ▲ 12.6% |
| Gross operating margin9900 | -€186,106 | -€181,466 | -€192,268 | -€183,268 | -€36,666 | ▲ 80.0% |
| Operating profit (loss)9901 | -€202,803 | -€213,052 | -€250,732 | -€267,438 | -€137,863 | ▲ 48.5% |
| Financial income75/76B | €7,601 | €34,248 | €63,191 | €82,805 | €160,181 | ▲ 93.4% |
| Recurring financial income75 | €7,601 | €34,248 | €63,191 | €82,805 | €160,181 | ▲ 93.4% |
| Financial charges65/66B | €211 | €29,229 | €64,421 | €89,677 | €194,879 | ▲ 117% |
| Recurring financial charges65 | €211 | €29,229 | €64,421 | €89,677 | €194,879 | ▲ 117% |
| Profit (loss) for the period before taxes9903 | -€195,413 | -€208,032 | -€251,962 | -€274,309 | -€172,561 | ▲ 37.1% |
| Income taxes67/77 | - | - | - | €5,287 | - | - |
| Profit (loss) for the period9904 | -€195,413 | -€208,032 | -€251,962 | -€279,596 | -€172,561 | ▲ 38.3% |
| Profit (loss) for the period to be appropriated9905 | -€195,413 | -€208,032 | -€251,962 | -€279,596 | -€172,561 | ▲ 38.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €3.3m | €3.7m | €4.9m | €6.1m | ▲ 25.5% |
| Formation expenses20 | €1,800 | €1,800 | €1,440 | €1,080 | €720 | ▼ 33.3% |
| Fixed assets21/28 | €1.0m | €1.5m | €1.5m | €1.5m | €1.5m | ▼ 0.4% |
| Intangible fixed assets21 | €850 | €850 | €850 | €850 | €850 | = |
| Tangible fixed assets22/27 | €20,768 | €150,179 | €161,272 | €18,791 | €13,396 | ▼ 28.7% |
| Land and buildings22 | - | €132,998 | €132,998 | - | - | - |
| Plant, machinery and equipment23 | - | - | €957 | €610 | €263 | ▼ 56.9% |
| Furniture and vehicles24 | €20,768 | €17,182 | €27,318 | €18,181 | €13,133 | ▼ 27.8% |
| Financial fixed assets28 | €1.0m | €1.4m | €1.4m | €1.5m | €1.5m | = |
| Current assets29/58 | €779,513 | €1.8m | €2.2m | €3.3m | €4.6m | ▲ 37.3% |
| Amounts receivable within one year40/41 | €612,852 | €1.7m | €2.2m | €3.3m | €4.5m | ▲ 36.7% |
| Trade receivables40 | €11,390 | €12,145 | €17,636 | - | €897 | - |
| Other amounts receivable41 | €601,462 | €1.7m | €2.2m | €3.3m | €4.5m | ▲ 36.7% |
| Cash at bank and in hand54/58 | €165,444 | €133,742 | €9,481 | €13,827 | €23,988 | ▲ 73.5% |
| Deferred charges and accrued income490/1 | €1,217 | €1,892 | €1,830 | €975 | €14,744 | ▲ 1,412% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €3.3m | €3.7m | €4.9m | €6.1m | ▲ 25.5% |
| Equity10/15 | €1.8m | €1.6m | €1.3m | €1.1m | €892,435 | ▼ 16.2% |
| Contributions10/11 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Capital10 | €2.0m | €2.0m | - | - | - | - |
| Issued capital100 | €2.0m | €2.0m | - | - | - | - |
| Profit (loss) carried forward14 | -€195,413 | -€403,446 | -€655,408 | -€935,004 | -€1.1m | ▼ 18.5% |
| Amounts payable17/49 | €3,344 | €1.7m | €2.4m | €3.8m | €5.2m | ▲ 37.2% |
| Amounts payable after more than one year17 | - | €1.7m | €2.4m | €3.7m | €5.1m | ▲ 38.6% |
| Financial debts170/4 | - | €1.7m | €2.4m | €3.7m | €5.1m | ▲ 38.6% |
| Amounts payable within one year42/48 | €3,344 | €17,365 | €35,149 | €90,541 | €70,162 | ▼ 22.5% |
| Trade debts44 | €1,078 | €13,464 | €24,343 | €62,982 | €36,743 | ▼ 41.7% |
| Suppliers440/4 | €1,078 | €13,464 | €24,343 | €62,982 | €36,743 | ▼ 41.7% |
| Advances received on contracts in progress46 | - | - | - | €12,648 | €14,141 | ▲ 11.8% |
| Taxes, remuneration and social security45 | €2,267 | €3,901 | €10,806 | €14,911 | €19,279 | ▲ 29.3% |
| Taxes450/3 | - | €429 | - | - | - | - |
| Remuneration and social security454/9 | €2,267 | €3,472 | €10,806 | €14,911 | €19,279 | ▲ 29.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€195,413 | -€208,032 | -€251,962 | -€279,596 | -€172,561 | ▲ 38.3% |
| + Depreciation and write-downs630 | €4,826 | €8,929 | €10,601 | €9,843 | €5,755 | ▼ 41.5% |
| Operating cash flow (approximation) | -€190,587 | -€199,103 | -€241,362 | -€269,753 | -€166,805 | ▲ 38.2% |
| Investment in fixed assets (approximation) | - | -€500,893 | -€21,693 | -€360 | -€360 | ▼ 0.1% |
| Change in cash | - | -€31,702 | -€124,260 | €4,346 | €10,161 | ▲ 134% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet -€279,596
Net result drops to -€279,596, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Rumst · 1 establishment unit since 2020
Ground area
256 m²
Building footprint
256 m²
Volume, LiDAR
3,584 m³
Parcel 11037B0201/00_000, Flanders · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Hutstuf
since 20202.312.827.319
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11037B0201/00_000 ProtectedCultural-historical landscape · Monument · Townscape or village viewKasteel TiburhofSource ↗ |
Flanders | 256 m² | 1 · 256 m² | 18.2 m · 5 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Owners and holdings
3 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 3
-
100%
- HUTSTUF ErezeesubsidiaryEquity €7,414Result -€40,878100%
-
100%
According to the 2025 annual accounts of Hutstuf and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,721 companies in this sector we hold annual accounts for 19,804. 12,939 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded02-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Contact
Website
www.hutstuf.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0758979468
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.