HUYGHE-DECOSTER
ActiveHUYGHE-DECOSTER has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €613k and a net result of €100k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 61% of 3121 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+6
Solvency70▲+3
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 2.63 in 2024; short-term debt: 23% and cash: 1% of total assets), but 54.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.4%
Return on assets
7.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
30 d late
2022
31 d late
2021
30 d late
2020
31 d late
2019
46 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€613k▲ 19.5%
2024 · €513k
2018: €541k
2019: €563k
2020: €574k
2021: €495k
2022: €554k
2023: €611k
2024: €513k
2018 → 2025
Total assets
€1.35M▲ 11.1%
2024 · €1.22M
2018: €1.48M
2019: €1.46M
2020: €1.44M
2021: €1.31M
2022: €1.56M
2023: €1.44M
2024: €1.22M
2018 → 2025
Net result
€100k▲ 190%
2024 · €34k
2018: €46k
2019: €21k
2020: €11k
2021: €48k
2022: €59k
2023: €56k
2024: €34k
2018 → 2025
Working capital
€291k▼ 4.5%
2024 · €304k
2018: €231k
2019: €228k
2020: €217k
2021: €139k
2022: €100k
2023: €142k
2024: €304k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€495k-€554k▲ 11.9%€611k▲ 10.2%€513k▼ 16.0%€613k▲ 19.5%
Operating result€67k-€71k▲ 6.3%€95k▲ 33.5%€63k▼ 34.0%€159k▲ 155%
Net result€48k-€59k▲ 22.6%€56k▼ 4.7%€34k▼ 38.8%€100k▲ 190%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 155% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.35M
Fixed assets
€750k▲ 3.5%
Current assets
€601k▲ 22.2%
Equity and liabilities €1.35M
Equity
€613k▲ 19.5%
Debt
€737k▲ 4.9%
The debt ratio falls from 57.8% to 54.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€261k▲
2024 · €170k
Cash flow
€202k▲
2024 · €142k
Solvency
45.4%▲
2024 · 42.2%
Current ratio
1.94▼
2024 · 2.63
Quick ratio
1.94▼
2024 · 2.62
Debt / equity
1.20▼
2024 · 1.37
ROE
16.3%▲
2024 · 6.7%
ROA
7.4%▲
2024 · 2.8%
Interest coverage
10.53▲
2024 · 6.15
Debt
€737k▲
2024 · €703k
Debt ≤ 1 year
€310k▲
2024 · €187k
Debt > 1 year
€425k▼
2024 · €516k
Income taxes
€43k▲
2024 · €13k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.22M€1.35M▲
Fixed assets21/28€725k€750k▲
Tangible fixed assets22/27€725k€750k▲
Land and buildings22€474k€533k▲
Plant, machinery and equipment23€155k€140k▼
Furniture and vehicles24€96k€77k▼
Financial fixed assets28€0-
Current assets29/58€492k€601k▲
Amounts receivable after more than one year29€384k€497k▲
Other amounts receivable291€384k€497k▲
Stocks and contracts in progress3€2k€48▼
Stocks30/36€2k€48▼
Amounts receivable within one year40/41€67k€89k▲
Trade receivables40€36k€52k▲
Other amounts receivable41€32k€37k▲
Cash at bank and in hand54/58€21k€13k▼
Deferred charges and accrued income490/1€17k€1k▼
Equity and liabilities
Total equity and liabilities10/49€1.22M€1.35M▲
Equity10/15€513k€613k▲
Contributions10/11€129k€129k=
Reserves13€383k€483k▲
Non-distributable reserves130/1€13k-
Reserves not available under the articles1311€13k-
Distributable reserves133€370k€483k▲
Profit (loss) carried forward14€1k€1k=
Amounts payable17/49€703k€737k▲
Amounts payable after more than one year17€516k€425k▼
Financial debts170/4€516k€425k▼
Amounts payable within one year42/48€187k€310k▲
Current portion of amounts payable after more than one year42€137k€253k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€8k€7k▼
Suppliers440/4€8k€7k▼
Taxes, remuneration and social security45€7k€41k▲
Taxes450/3€7k€41k▲
Other amounts payable47/48€36k€10k▼
Accrued charges and deferred income492/3€31€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€107k€102k▼
Other operating charges640/8€14k€15k▲
Non-recurring operating charges66A€306€0▼
Gross operating margin9900€184k€276k▲
Operating profit (loss)9901€63k€159k▲
Financial income75/76B€12k€9k▼
Recurring financial income75€12k€9k▼
Financial charges65/66B€28k€25k▼
Recurring financial charges65€28k€25k▼
Profit (loss) for the period before taxes9903€47k€143k▲
Income taxes67/77€13k€43k▲
Profit (loss) for the period9904€34k€100k▲
Profit (loss) for the period to be appropriated9905€34k€100k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€102k▲
Profit (loss) brought forward from the previous period14P€1k€1k=
Transfer from equity791/2€132k€0▼
Transfer to equity691/2€34k€100k▲
To other reserves6921€34k€100k▲
Profit to be distributed694/7€132k€0▼
Return on contributions (dividend)694€132k€0▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €100k ▲190%
Operating result €159k, net result €100k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 2.63
Current ratio from 1.29 to 2.63; short-term debt falls from €484k to €187k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €500kEq €554k ▲11.9%
5 profitable years in a row build equity to €554k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €11k ▼47.8%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 46 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Koekelare · 1 establishment unit since 2002
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.
Burgemeester Van Ackerestraat 128680 KoekelareGround area
3,981 m²
Building footprint
187 m²
Volume, LiDAR
1,030 m³
Parcel 32002B0301/00P000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Burgemeester Van Ackerestraat 12, 8680 Koekelare
since 20022.057.249.838
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32002B0301/00P000 | Flanders | 3,981 m² | 1 · 187 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 16,052 EUR awarded · 16,052 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,052 EUR | 1,052 EUR |
| 2023 | 1 | 0 EUR | 15,000 EUR |
| 2022 | 1 | 15,000 EUR | 0 EUR |
Schemes
Call groene stroom (stopgezet)
Investeringssteun voor land- en tuinbouwers
Recognitions · licences · registrations
Food safety, FASFC
1 siteKoekelare2.057.249.838
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DE GROENE DALHOEVE
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Koekelare · Eq €623k
AVILODE
BE 0473.057.914
Péruwelz · Eq €637k
Agro Coninx
BE 1017.385.488
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L&B PLUIMVEE
BE 0649.427.767
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Of 608 companies in sector 01471 we hold annual accounts for 216. 176 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-03-1992
Fiscal year end31-12
Abbreviation NL
HUDECO
Activities, NACEBEL
01471Crop and animal production, hunting and related service activities
01410Raising of dairy cattle
49410Freight transport by road
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.