HUVECON
ActiveSummary
HUVECON has been active since 1996 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €119,385 and a net result of -€16,020. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 52% of 32023 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability6▼-47
Solvency83▼-17
Growth72=
Track record92
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.19 against 4.36 in 2024; short-term debt: 42.1% and cash: 1.2% of total assets), and 42.1% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
57.9%
Return on assets
-7.8%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year -€16,020
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
5 d early
2023
1 d early
2022
90 d early
2021
18 d early
2020
636 d late
2019
1000 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 217 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawn
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 26 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€63,250▼ 37.2%
2024 · €100,718
EBIT margin
-27.6%▼ 24.0pp
2024 · -3.5%
Net result
-€16,020▼ 904%
2024 · -€1,596
Working capital
€103,519▼ 7.7%
2024 · €112,144
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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 70, Activities of head offices; management consultancy activities, 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).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€69,386▲ 3,369%€82,844▲ 19.4%€107,398▲ 29.6%€100,718▼ 6.2%€63,250▼ 37.2%
Operating result-€15,991▲ 70.5%-€2,848▲ 82.2%-€1,685▲ 40.8%-€3,558▼ 111%-€17,445▼ 390%
Net result-€14,528below the sector's middle half▲ 70.0%-€1,881below the sector's middle half▲ 87.1%-€3,644below the sector's middle half▼ 93.7%-€1,596below the sector's middle half▲ 56.2%-€16,020below the sector's middle half▼ 904%
EBIT margin-23.0%▲ 2684.2pp-3.4%▲ 19.6pp-1.6%▲ 1.9pp-3.5%▼ 2.0pp-27.6%▼ 24.0pp
Equity€142,526within the sector's middle half▼ 9.3%€140,645within the sector's middle half▼ 1.3%€137,001within the sector's middle half▼ 2.6%€135,405within the sector's middle half▼ 1.2%€119,385within the sector's middle half▼ 11.8%
Total assets€187,818within the sector's middle half▲ 3.9%€174,599within the sector's middle half▼ 7.0%€178,549within the sector's middle half▲ 2.3%€168,801within the sector's middle half▼ 5.5%€206,278within the sector's middle half▲ 22.2%
Debt€45,292▲ 90.9%€33,954▼ 25.0%€41,548▲ 22.4%€33,396▼ 19.6%€86,893▲ 160%
Working capital€102,717within the sector's middle half▼ 11.5%€113,489within the sector's middle half▲ 10.5%€122,498within the sector's middle half▲ 7.9%€112,144within the sector's middle half▼ 8.5%€103,519within the sector's middle half▼ 7.7%
Solvency75.9%within the sector's middle half▼ 11.0pp80.6%above the sector's middle half▲ 4.7pp76.7%within the sector's middle half▼ 3.8pp80.2%above the sector's middle half▲ 3.5pp57.9%within the sector's middle half▼ 22.3pp
Current ratio3.27within the sector's middle half▼ 2.634.34within the sector's middle half▲ 1.073.95within the sector's middle half▼ 0.394.36within the sector's middle half▲ 0.412.19within the sector's middle half▼ 2.17
Return on assets (ROA)-7.7%below the sector's middle half▲ 19.0pp-1.1%below the sector's middle half▲ 6.7pp-2.0%below the sector's middle half▼ 1.0pp-0.9%below the sector's middle half▲ 1.1pp-7.8%below the sector's middle half▼ 6.8pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
The operating result stays negative: a loss of €17,445 in 2025 against €3,558 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €206,278
Fixed assets
€15,866 ▼ 31.8%
Current assets
€190,412 ▲ 30.8%
Equity and liabilities €206,278
Equity
€119,385 ▼ 11.8%
Debt
€86,893 ▲ 160%
Debt's share of the balance-sheet total rises from 19.8% to 42.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€10,050▼
2024 · €2,184
Cash flow
-€8,625▼
2024 · €4,146
Quick ratio
1.48▼
2024 · 2.73
Debt to equity
0.73▲
2024 · 0.25
ROE
-13.4%▼
2024 · -1.2%
Interest coverage
-3.80▼
2024 · 5.70
Debt ≤ 1 year
€86,893▲
2024 · €33,396
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €69,386 | €82,844 | €107,398 | €100,718 | €63,250 | ▼ 37.2% |
| Non-recurring operating income76A | - | €1,980 | €949 | €22,841 | €16,303 | ▼ 28.6% |
| Goods, raw materials, services and sundry goods60/61 | - | €73,997 | €94,838 | €98,572 | €87,760 | ▼ 11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,060 | €12,653 | €12,653 | €5,742 | €7,395 | ▲ 28.8% |
| Other operating charges640/8 | - | €1,022 | €2,541 | €1,304 | €1,843 | ▲ 41.3% |
| Gross operating margin9900 | -€2,375 | €10,827 | €13,509 | €3,488 | -€8,207 | ▼ 335% |
| Operating profit (loss)9901 | -€15,991 | -€2,848 | -€1,685 | -€3,558 | -€17,445 | ▼ 390% |
| Financial income75/76B | - | €1,869 | - | €2,345 | €4,068 | ▲ 73.5% |
| Recurring financial income75 | €3,645 | €1,869 | - | €2,345 | €4,068 | ▲ 73.5% |
| Financial charges65/66B | - | €902 | €1,959 | €383 | €2,643 | ▲ 590% |
| Recurring financial charges65 | €2,182 | €902 | €1,959 | €383 | €2,643 | ▲ 590% |
| Profit (loss) for the period before taxes9903 | -€14,528 | -€1,881 | -€3,644 | -€1,596 | -€16,020 | ▼ 904% |
| Profit (loss) for the period9904 | -€14,528 | -€1,881 | -€3,644 | -€1,596 | -€16,020 | ▼ 904% |
| Profit (loss) for the period to be appropriated9905 | -€14,528 | -€1,881 | -€3,644 | -€1,596 | -€16,020 | ▼ 904% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €187,818 | €174,599 | €178,549 | €168,801 | €206,278 | ▲ 22.2% |
| Fixed assets21/28 | €39,809 | €27,156 | €14,503 | €23,261 | €15,866 | ▼ 31.8% |
| Tangible fixed assets22/27 | €39,809 | €27,156 | €14,503 | €23,261 | €15,866 | ▼ 31.8% |
| Plant, machinery and equipment23 | - | - | €14,503 | €23,261 | €4,523 | ▼ 80.6% |
| Furniture and vehicles24 | - | €27,156 | - | - | €11,343 | - |
| Current assets29/58 | €148,009 | €147,443 | €164,046 | €145,540 | €190,412 | ▲ 30.8% |
| Amounts receivable after more than one year29 | - | €64,164 | €78,507 | €79,258 | €105,082 | ▲ 32.6% |
| Other amounts receivable291 | - | €64,164 | €78,507 | €79,258 | €105,082 | ▲ 32.6% |
| Stocks and contracts in progress3 | €54,400 | €54,400 | €54,400 | €54,400 | €61,400 | ▲ 12.9% |
| Stocks30/36 | - | €54,400 | €54,400 | €54,400 | €61,400 | ▲ 12.9% |
| Amounts receivable within one year40/41 | €28,678 | €28,845 | €28,510 | €11,584 | €21,522 | ▲ 85.8% |
| Trade receivables40 | - | €23,962 | €25,533 | €9,924 | €17,246 | ▲ 73.8% |
| Other amounts receivable41 | - | €4,883 | €2,977 | €1,660 | €4,276 | ▲ 158% |
| Cash at bank and in hand54/58 | €146 | €34 | €2,629 | €298 | €2,408 | ▲ 708% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €187,818 | €174,599 | €178,549 | €168,801 | €206,278 | ▲ 22.2% |
| Equity10/15 | €142,526 | €140,645 | €137,001 | €135,405 | €119,385 | ▼ 11.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €492,000 | €492,000 | €492,000 | €492,000 | €492,000 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €490,140 | €490,140 | €490,140 | €490,140 | = |
| Profit (loss) carried forward14 | -€368,074 | -€369,955 | -€373,599 | -€375,195 | -€391,215 | ▼ 4.3% |
| Amounts payable17/49 | €45,292 | €33,954 | €41,548 | €33,396 | €86,893 | ▲ 160% |
| Amounts payable within one year42/48 | €45,292 | €33,954 | €41,548 | €33,396 | €86,893 | ▲ 160% |
| Financial debts43 | - | €9,690 | - | - | - | - |
| Credit institutions430/8 | - | €9,690 | - | - | - | - |
| Trade debts44 | €12,547 | €6,463 | €5,491 | €20,684 | €24,712 | ▲ 19.5% |
| Suppliers440/4 | - | €6,463 | €5,491 | €20,684 | €24,712 | ▲ 19.5% |
| Taxes, remuneration and social security45 | - | €4,771 | €9,800 | €4,771 | €4,273 | ▼ 10.4% |
| Taxes450/3 | - | €4,771 | €9,800 | €4,771 | €4,273 | ▼ 10.4% |
| Other amounts payable47/48 | - | €13,030 | €26,257 | €7,941 | €57,908 | ▲ 629% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,528 | -€1,881 | -€3,644 | -€1,596 | -€16,020 | ▼ 904% |
| + Depreciation and write-downs630 | €12,060 | €12,653 | €12,653 | €5,742 | €7,395 | ▲ 28.8% |
| Operating cash flow (approximation) | -€2,468 | €10,772 | €9,009 | €4,146 | -€8,625 | ▼ 308% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€14,500 | €0 | ▲ 100% |
| Change in cash | - | -€112 | €2,595 | -€2,331 | €2,110 | ▲ 191% |
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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
23-11
KBO administration
Strikeout withdrawn
event 02-11-2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 636 days late
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 1000 days late
26-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1364 days late
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1729 days late
13-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 148 days late
SignalNBB filing
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, Zoersel · 1 establishment unit since 1996
Ground area
1,508 m²
Building footprint
210 m²
Volume, LiDAR
1,188 m³
Parcel 11055D0109/00V005, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Gagelhoflaan 71, 2980 Zoersel
since 19962.078.314.476
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11055D0109/00V005 | Flanders | 1,508 m² | 1 · 210 m² | 10.4 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.
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 40,867 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-09-1996
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
01430Raising of horses and other equines
01620Support activities for animal production
15120Manufacture of leather and related products
47722Retail trade
47762Retail sale of pets, pet food and pet supplies
93110Operation of sports facilities
93127Equestrian clubs
93199Other sports activities
Contact
E-mail
hugo.veelhaver@telenet.beZoersel
E-invoicing
Reachable via Peppol
Peppol ID
0208:0458810196
Also
9925:BE0458810196
Registered
22-12-2025
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.