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HUVESEARCH

Active Private limited companyfounded 2010active for 16 yearsEuropalaan 11, 3900 PeltKBO/BCE: BE 0822.612.359

Lifetime

16 annual accounts with figures on one time axis
peak €81,464 (2016)
€1,033▼ 95.8%
lowest -€16,941 (2020)
-€4,407▼ €16,705
peak €101,863 (2016)
€57,450▼ 7.1%
€8,505▼ 59.6%
Board3 names since 2010
3 directors and 2 others
Documentsfilings and deeds
15-10-202676 days late
2025micro format
Gross margin from €24,666 to €1,033Loss of €4,407Debts from €21,035 to €8,505Investments €9,647Cash from €45,578 to €9,855

Key points

from the 2025 annual accounts

Equity

€57,450 from €101,863 in 2016

Equity fell by 44% in 9 years.

Turnover

≈ €7,900 estimated

The micro format states no turnover.

Investments

€9,647 2.8 × depreciation
202220232025

Green is investment, beige is depreciation. Machinery stands 304.1% higher than in 2024.

Liquidity

11.57 was 5.17 in 2024

Short-term debts fell from €20,270 to €7,066.

Filings

16 annual accounts 76 days
AprilJune31 JulyOctober2010201520202025

Latest accounts filed late: after the legal deadline.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,920 companies had the same profile as HUVESEARCH has now. Each dot stands for 18 companies, two years later.

90.7%
were still trading
8.0%
stopped another way
1.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,920 companies, not a prediction for HUVESEARCH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Resignation: (manager) General meeting of 15-09-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0822612359
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments “Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en…” (deed in Dutch) · Legal-form conversion: to private limited company · Board composition: (director) · General meeting of 12-12-2022 · Gazette deed
Registered office moved from Overijse to Overpelt New registered office: Europalaan 11 te 3900 Overpelt · Previous registered office: Guido Gezellelaan 20, 3090 Overijse · General meeting of 11-12-2017 · Gazette deed
All 31 events

Comparable companies

same main activity, similar in size and age
Company
HUVESEARCH Pelt €95,955 €1,033 59.9% -
RTLC Brussels €107,167 -€66 61.9% -
FYTOBELL Hasselt €122,152 -€55,562 -322.9% -
ORTHOPHAR Kortrijk €258,756 €3,807 99.4% -
EURANDLAB Charleroi €27,845 €7,398 87.8% -
RODILO Liège €204,587 -€2,254 -43.9% -
Groovy.Bio Evergem €744,069 -€17,721 73.2% 0.2

These companies have the same main activity as HUVESEARCH: manufacture of basic pharmaceutical products and pharmaceutical preparations (NACE 21201). They are comparable in size and age: total assets between €27,800 and €744,000, founded between 2006 and 2023.

Official details

Source: KBO
Status
Active since 26-01-2010Normal situation
Registered office
25 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 13 November 2026.
Activity
Manufacture of basic pharmaceutical products and pharmaceutical preparationsNACE 21201and 3 others
Establishment unit
2.186.227.2733900 Pelt, since 22-01-2010
Financial year end
31 December
Peppol
Reachable since 08-04-2025
Company details

Annual accounts 2025

€95,955▼ 15.0%
Filing
Filed on 15-10-2026
Financials

Insights on HUVESEARCH

HUVESEARCH files the micro format. That format states no turnover. The gross margin fell from €6,942 in 2010 to €1,033 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about HUVESEARCH

What is the company number of HUVESEARCH?
The company number of HUVESEARCH is 0822.612.359. The VAT number is the same number with BE in front: BE 0822.612.359.
Where is HUVESEARCH based?
The registered office is at Europalaan 11, 3900 Pelt.Company details
What does HUVESEARCH do?
According to the KBO register, the main activity is manufacture of basic pharmaceutical products and pharmaceutical preparations (NACE 21201).
What is the legal form of HUVESEARCH?
HUVESEARCH is a private limited company (BV).
When was HUVESEARCH founded?
HUVESEARCH was founded on 26-01-2010.
Is HUVESEARCH still active?
Yes, HUVESEARCH is an active enterprise in the KBO register.
What is the turnover of HUVESEARCH?
The turnover in financial year 2025 is ≈ €7,900. This figure is estimated from the gross margin of €1,033 and 6,298 comparable companies of the same size. It probably lies between €3,600 and €19,000. It is a rough estimate.Financials
Is HUVESEARCH profitable?
In financial year 2025, HUVESEARCH made a loss of €4,407.
Where can I find the annual accounts of HUVESEARCH?
HUVESEARCH filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HUVESEARCH due?
HUVESEARCH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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