Equity
€124,981 ▼ 33.2%
HYGGLE paid out €76,799 in dividends. That is 526% of the 2025 profit.
HYGGLE
Lifetime
8 annual accounts with figures on one time axispeak €172,983 (2025)
€172,983▲ 6.7%
peak €32,016 (2018)
€14,599▼ 8.2%
peak €187,181 (2024)
€124,981▼ 33.2%
€158,361▲ 24.9%
peak 1 FTE (2020)
-not published
Board1 name since 2017
1 directorLAFFUT Eline
Documentsfilings and deeds
02-06-202659 days before the deadline
2025micro format
Dividend €76,799Equity from €187,181 to €124,981Debts from €126,826 to €158,361
Key points
from the 2025 annual accountsTurnover
≈ €320,000 estimated
The micro format states no turnover.
Liquidity
1.78 was 2.42 in 2024
Short-term debts rose from €126,826 to €157,961.
Filings
8 annual accounts since 2018
The last five annual accounts were filed 48 to 59 days before the end of the period.
At the same address
17 companies
Position in the sector
€172,983
Higher gross margin than 90% of companies in advertising and market research. Sector median €37,441 · 8,610 companies.
Checked score
93
Excellent
Financially stronger than 40% of micro companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,228 companies (NACE 73, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025lowest value
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: 0.1%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 1.78, cash €85,935
Sector: Advertising, market research and public relations activities (NACE 73)
Equity €124,981 (44.1% of total assets)
Figures for financial year 2025 (filed on 02-06-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro). It does better than 44% of them on solvency, 51% on liquidity, 47% on profitability and 18% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as HYGGLE has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of HYGGLE itself is lower: 0.1% within 12 months. It rests on far more data about HYGGLE than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 26,972 companies, not a prediction for HYGGLE. 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
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.78 (2.42 in 2024), above the usual 1.5. Short-term debt is 55.7% and cash 30.3% of total assets. However, 55.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
59 days early
2024
51 days early
2023
56 days early
2022
52 days early
2021
48 days early
2020
36 days early
2019
53 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 51 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0678443932
Resignation: LAFFUT Eline (manager)
Reappointment: LAFFUT Eline (director) · Director discharge: LAFFUT Eline · General meeting of 12-12-2023 · Gazette deed
Registered office moved within Hasselt
New registered office: Kolonel Dusartplein 28 b, 3500 Hasselt · Previous registered office: Thonissenlaan 56 bus A, 3500 Hasselt · General meeting of 01-10-2019 · Gazette deed
Incorporation
published on 12-07-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HYGGLE Hasselt | €283,342 | €172,983 | 44.1% | - |
| Publi Belgium Hasselt | €251,061 | €159,532 | 2.5% | - |
| CAPONE Kortrijk | €278,243 | €173,665 | 15.6% | - |
| COOPR BELGIË Antwerp | €322,985 | €180,528 | 56.6% | 2.7 |
| Studio Engarde Ghent | €256,048 | €167,433 | 9.3% | 1.9 |
| TWEETAKT Antwerp | €324,378 | €147,602 | 62.4% | - |
| WSH Woluwe-Saint-Lambert | €234,647 | €164,137 | 63.3% | - |
These companies have the same main activity as HYGGLE: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €235,000 and €324,000, founded between 2016 and 2018.
Official details
Source: KBO- Status
- Active since 10-07-2017Normal situation
- Registered office
- 18 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- Advertising agenciesNACE 73110and 4 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.266.363.4283500 Hasselt, since 10-07-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 08-07-2025
Annual accounts 2025
- €283,342▼ 9.8%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 02-06-2026, 59 days before the end of the filing period
Insights on HYGGLE
HYGGLE files the micro format. That format states no turnover. The gross margin rose from €49,272 in 2018 to €172,983 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 HYGGLE
- What is the company number of HYGGLE?
- The company number of HYGGLE is 0678.443.932. The VAT number is the same number with BE in front: BE 0678.443.932.
- Where is HYGGLE based?
- The registered office is at Kolonel Dusartplein 28B, 3500 Hasselt.Company details
- What does HYGGLE do?
- According to the KBO register, the main activity is advertising agencies (NACE 73110).
- What is the legal form of HYGGLE?
- HYGGLE is a private limited company (BV).
- When was HYGGLE founded?
- HYGGLE was founded on 10-07-2017.
- Is HYGGLE still active?
- Yes, HYGGLE is an active enterprise in the KBO register.
- How many employees does HYGGLE have?
- HYGGLE had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does HYGGLE fall under?
- In its 2025 annual accounts, HYGGLE states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of HYGGLE?
- The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €172,983 and 38 comparable companies (NACE 73). It probably lies between €240,000 and €640,000.
- Is HYGGLE profitable?
- In financial year 2025, HYGGLE made a profit of €14,599.
- Where can I find the annual accounts of HYGGLE?
- HYGGLE filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HYGGLE due?
- HYGGLE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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