Hygge

Active

Private limited companyfounded 20206 yrs activeKBO/BCE: BE 0750.483.456

Summary

The computed 12-month bankruptcy probability of Hygge is 14.1% (high). The 2024 annual accounts show equity of €8,249 and a net result of -€1,311. Equity is shrinking by ~26.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Risk analysisWatch Report Compare

HyggeActiveChecked score 29/100

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€13,362total assets 2024

Equity: €8,249
Loss: -€1,311

Turnover not published (abridged schema)

Financial health

29 Weak Checked score 2024

Bankruptcy chance 12 m: 14.1%

Structure

Accounts 64 d overdue0 of 1 deed read

Why 29- 1 financial year not filed after the legal deadline; latest accounts 138 days late; 2 of the last 3 late- Figures for FY 2024 (filed 19-12-2025)- Ex-officio strike-off in the KBO+ Size: total assets €13,362Show the evidence

Checked score

Score 2024

29 / 100

Weak

Probability in this band: 4.2% to 15.0%

Better than 37% of its sector peers (no NACE code, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2023

Average

Solvency 87-13

equity 61.7% of total assets

Liquidity 65-21

short-term debt 38.3%

Profitability 13+13

return on assets -9.8%

Bankruptcy probability, 12 months

14.1% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 7.5%lowest value 12-2024: 7.5%● 0.0% vs 11-2024lowest value 01-2025: 7.6%▲ +0.7% vs 12-2024 02-2025: 7.7%▲ +2.3% vs 01-2025 03-2025: 8.3%▲ +7.1% vs 02-2025 04-2025: 8.5%▲ +2.0% vs 03-2025 05-2025: 8.6%▲ +1.2% vs 04-2025 06-2025: 8.6%● 0.0% vs 05-2025 07-2025: 8.1%▼ -5.1% vs 06-2025 08-2025: 9.3%▲ +14.7% vs 07-2025 09-2025: 10.1%▲ +8.0% vs 08-2025 10-2025: 13.0%▲ +28.7% vs 09-2025 11-2025: 13.1%▲ +1.0% vs 10-2025 12-2025: 14.8%▲ +13.2% vs 11-2025highest value 01-2026: 10.0%▼ -32.7% vs 12-2025 02-2026: 8.9%▼ -10.9% vs 01-2026 03-2026: 9.0%▲ +1.6% vs 02-2026 04-2026: 9.2%▲ +2.4% vs 03-2026 05-2026: 9.2%▼ -0.3% vs 04-2026 06-2026: 9.3%▲ +0.8% vs 05-2026 07-2026: 9.0%▼ -2.7% vs 06-2026 08-2026: 10.1%▲ +12.0% vs 07-2026 09-2026: 10.9%▲ +7.3% vs 08-2026 10-2026: 14.1%▲ +30.1% vs 09-2026

1 financial year not filed after the legal deadline; latest accounts 138 days late; 2 of the last 3 late raises the probability
Figures for FY 2024 (filed 19-12-2025) raises the probability
Ex-officio strike-off in the KBO raises the probability
Size: total assets €13,362 lowers the probability for this profile

No publishable credit limit; credit only on tighter terms

Liquidity ample (current ratio 2.61 against 4.77 in 2023; short-term debt: 38.3% of total assets), and 38.3% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 52%, liquidity 61%, profitability 13%, growth against the median 21%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk

1 financial year not filed after the legal deadline; latest accounts 138 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Figures for FY 2024 (filed 19-12-2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Ex-officio strike-off in the KBO

In the bankruptcy model this factor raises the probability.

KBO publications

Size: total assets €13,362

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

21222324

2021 to 2024 · latest year -€1,311

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-12-2025, 138 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

138 d late

2023

51 d early

2022

315 d late

2021

680 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 4 accounts on average 271 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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 publications

Publications

Address struck