Active BE 0440.163.828Private limited company

HUYGEBAERT & ZN

Brieversweg 65 ·8340 Damme, Belgium· 36 yrs active

Sector: Groothandel in machines, werktuigen en toebehoren voor de landbouw (46610)

Conclusion Checked

The computed 12-month bankruptcy probability of HUYGEBAERT & ZN is 0.5% (low). The 2024 annual accounts show equity of €250k and a net result of €-116k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 972 sector peers (fiscal year 2024). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€250k
Net result	€-116k
Staff (FTE)	0.2
Better than sector	32%

Financial profile 5 of 5 axes measured · computed by Checked

32 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 2

Profitability 0

Solvency 8

Growth 52

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.5% Low

0%0,5%1,5%4%10%≥25%

Long track record −Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1990, 36 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

2 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · verkort

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

volatile Too volatile to project: the yearly deviation from the trend is ~45% of the level (threshold 35%). We therefore deliberately show no projection line.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	11.6%	27.2%	better than 32% of 972 sector peers
Net result	€-116k	€23k	better than 10% of 972 sector peers
Equity	€250k	€171k	better than 56% of 972 sector peers
Gross operating margin	€83k	€173k	better than 37% of 970 sector peers
Staff costs	€12k	€166k	higher than 8% of 599 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€864

-98.8% 18-24

Net profit

€-116k

-3.4% 18-24

Cash flow

€-69k

-54.5% 18-24

Total assets

€2.15M

-11.8% 18-24

Equity

€250k

-31.7% 18-24

Working capital

€-852k

-183.2% 18-24

Employees (FTE)

0

-80.0% 18-24

Staff costs

€12k

-26.2% 18-24

Show 11 other metrics

Income taxes

€6k

- 18-24

Debt

€1.90M

-8.2% 18-24

Debt ≤ 1y

€1.68M

+22.7% 18-24

Debt > 1y

€182k

-71.8% 18-24

Current ratio

0.49

-36.7% 18-24

Quick ratio

0.09

-63.5% 18-24

Solvency

11.6%

-22.6% 18-24

Debt / equity

7.60

+34.3% 18-24

ROE

-46.3%

-51.3% 18-24

ROA

-5.4%

-17.2% 18-24

Interest coverage

0.01

-98.0% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	verkort
Revenue	-
EBITDA	€864
Net profit	€-116k
Cash flow	€-69k
Staff costs	€12k
Income taxes	-
Dividends	-
Total assets	€2.15M
Equity	€250k
Debt	€1.90M
of which ≤ 1y	€1.68M
of which > 1y	€182k
Working capital	€-852k
Employees (FTE)	0.2

Ratios (computed)

	2024
Current ratio	0.49
Quick ratio	0.09
Working capital ratio	-39.6%
Solvency	11.6%
Debt / equity	7.60
Long-term debt ratio	0.73
Interest coverage	0.01
Gross margin	-
Net margin	-
ROA	-5.4%
ROE	-46.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €1.32M · 61.3% Current assets €832k · 38.7%

Equity & liabilities

Equity €250k · 11.6% Debt €1.90M · 88.4%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€2.15M
Fixed assets	21/28	€1.32M
Tangible fixed assets	22/27	€1.32M
Financial fixed assets	28	€464
Current assets	29/58	€832k
Stocks & contracts in progress	3	€675k
Amounts receivable within one year	40/41	€157k
Cash & bank	54/58	€387
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2.15M
Equity	10/15	€250k
Contributions / capital	10/11	€19k
Reserves	13	€72k
Accumulated profits (losses)	14	€-366k
Amounts payable	17/49	€1.90M
Amounts payable after one year	17	€182k
Amounts payable within one year	42/48	€1.68M
Trade debts payable within one year	44	€2k
Income statement
Gross operating margin	9900	€83k
Operating result	9901	€-46k
Financial income	75	€2k
Financial charges	65	€72k
Result before taxes	9903	€-116k
Net result for the period	9904	€-116k
Result to be appropriated	9905	€-116k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Groothandel in machines, werktuigen en toebehoren voor de landbouw(46610)
Legal form	Private limited company(610)
Incorporation	26-03-1990
Status	Active
Postal code	8340

Establishment units 1 location

HUYGEBAERT EN ZOON BVBA

Brieversweg 65, 8340 DammeVervaardiging van machines en apparaten voor algemeen gebruik

since 19902.047.808.471

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31019C0926/00E000	Flanders	1.1 ha	1 · 186 m²	8.6 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

30-09-2025

NBB filing Annual accounts filed

fiscal year 2024 · verkort

2024

10-07-2024

NBB filing Annual accounts filed

fiscal year 2023 · verkort

2023

12-12-2023

State Gazette act Director changes

Lieselot VERDIN

01-12-2023

NBB filing Annual accounts filed

fiscal year 2022 · verkort

2022

17-10-2022

NBB filing Annual accounts filed

fiscal year 2021 · verkort

2021

15-10-2021

NBB filing Annual accounts filed

fiscal year 2020 · verkort

2020

24-08-2020

NBB filing Annual accounts filed

fiscal year 2019 · verkort

2019

26-06-2019

NBB filing Annual accounts filed

fiscal year 2018 · verkort

2018

20-08-2018

NBB filing Annual accounts filed

fiscal year 2017 · verkort

2017

29-09-2017

NBB filing Annual accounts filed

fiscal year 2016 · verkort

2016

29-08-2016

NBB filing Annual accounts filed

fiscal year 2015 · verkort

Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 2 years ago

2023

12-12-2023 Board composition published Director changes·Lieselot VERDIN

Notary: Lieselot VERDIN · Beernem

Original publication ↗

Technical details

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      "via_org": {
        "kbo": "0431.385.526",
        "name": "BV Zakenkantoor Verbeke",
        "address": "9880 Aalter, Hoefijzer 10",
        "country": "BE",
        "legal_form": "BV"
      },
      "statutory": null,
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      "kind": "board_snapshot",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "HUYGEBAERT Filip Richard Alice",
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      },
      "reason": null,
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    },
    {
      "kind": "board_snapshot",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "HUYGEBAERT Jelle",
        "address": "8340 Damme, Brieversweg 65",
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        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
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      "statutory": "niet_statutair",
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      "decharge_status": null,
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        "kind": "indefinite",
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      },
      "rep_rotation_new_rep": null,
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      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": "Lieselot VERDIN",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Beernem",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-12-12",
    "filing_date": "2023-12-08",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2023-11-23",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0440.163.828",
    "name_full": "HUYGEBAERT \u0026 ZN",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": null,
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    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "uitgifte van akte"
  ],
  "corrected_publication_numac": null
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Groothandel in machines, werktuigen en toebehoren voor de landbouw46610Groothandel in machines, werktuigen en toebehoren voor de landbouw46610Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw51880Herstelling van landbouwmachines29322Reparatie van machines33120Reparatie en onderhoud van machines33120

Primary activity highlighted.

Names & trade names

Legal nameNL

HUYGEBAERT & ZN

Registered office

Brieversweg 65

8340 Damme, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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