HYPOwaas

Active

Private limited companyfounded 20215 yrs activeKerktorenstraat 2, 9120 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0766.999.685

HYPOwaas is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show negative equity (€-118k) and a net result of €50k. Equity is shrinking by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 1422 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Outside the general model

Model not applicable to financial institutions

The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.

Credit advice for your own amount and term

Signals

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

+raises risk○neutral

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 1422 sector peers (2024).

NBB · sector comparison

Position among 1422 sector peers

Solvency

better than 5%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

42 d early

2023

15 d early

2022

39 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€-118k▲ 29.5%

2023 · €-168k

2022: €-98k 2023: €-168k

2022 → 2024

Net result

€50k

2023 · €-69k

2022: €-100k 2023: €-69k

2022 → 2024

Total assets

€166k▲ 26.7%

2023 · €131k

2022: €111k 2023: €131k

2022 → 2024

Solvency

-71.0%▲ 56.7pp

2023 · -127.7%

2022: -88.5% 2023: -127.7%

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€-98k-€-168k▼ 70.2%€-118k▲ 29.5%

Operating result€-100k-€-67k▲ 33.5%€51k

Net result€-100k-€-69k▲ 31.2%€50k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €51k after a loss of €67k in 2023, the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €166k

53.0%

47.0%

Fixed assets €88k▼ 14.9%

Current assets €78k▲ 182%

Key figures and ratios

2024 value · change against 2023

Solvency

-71.0%▲

2023 · -127.7%

ROA

29.8%▲

2023 · -52.7%

Debt

€284k▼

2023 · €299k

Debt ≤ 1 year

€17k▼

2023 · €27k

Debt > 1 year

€267k▼

2023 · €272k

Staff costs

€65k▼

2023 · €119k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€131k€166k▲

Fixed assets21/28€104k€88k▼

Intangible fixed assets21€78k€68k▼

Tangible fixed assets22/27€18k€13k▼

Furniture and vehicles24€4k€3k▼

Other tangible fixed assets26€14k€11k▼

Financial fixed assets28€7k€7k=

Current assets29/58€28k€78k▲

Amounts receivable within one year40/41€2€0▼

Other amounts receivable41€2€0▼

Cash at bank and in hand54/58€8k€58k▲

Deferred charges and accrued income490/1€20k€20k▼

Equity and liabilities

Total equity and liabilities10/49€131k€166k▲

Equity10/15€-168k€-118k▲

Contributions10/11€2k€2k=

Profit (loss) carried forward14€-170k€-120k▲

Amounts payable17/49€299k€284k▼

Amounts payable after more than one year17€272k€267k▼

Financial debts170/4€272k€267k▼

Amounts payable within one year42/48€27k€17k▼

Current portion of amounts payable after more than one year42€5k€5k▲

Trade debts44€15k€603▼

Suppliers440/4€15k€603▼

Taxes, remuneration and social security45€7k€11k▲

Taxes450/3-€2k

Remuneration and social security454/9€7k€9k▲

Accrued charges and deferred income492/3-€393

Income statement Code20232024

Remuneration, social security and pensions62€119k€65k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€15k▲

Other operating charges640/8€2k€397▼

Gross operating margin9900€69k€132k▲

Operating profit (loss)9901€-67k€51k▲

Financial income75/76B€0€0▼

Recurring financial income75€0€0▼

Financial charges65/66B€2k€2k▼

Recurring financial charges65€2k€2k▼

Profit (loss) for the period before taxes9903€-69k€50k▲

Profit (loss) for the period9904€-69k€50k▲

Profit (loss) for the period to be appropriated9905€-69k€50k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-170k€-120k▲

Profit (loss) brought forward from the previous period14P€-100k€-170k▼

Social balance

Average headcount (FTE)90872.01.0▼

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 3Filings 3

2025

19-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Back to profitnet €50k

Net result €50k after 2 loss-making years.

31-12

Financial Liquidity quadruplescurrent ratio 4.59

Current ratio from 1.04 to 4.59; short-term debt falls from €27k to €17k.

16-07

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Liquidity triplescurrent ratio 1.04

Current ratio from 0.38 to 1.04; short-term debt falls from €42k to €27k.

22-06

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 acts for this company are 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, Beveren-Kruibeke-Zwijndrecht · 4 establishment units since 2021

establishment approximate All 4 establishment units on the map

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.

Kerktorenstraat 29120 Beveren-Kruibeke-Zwijndrecht

Ground area

2,470 m²

Building footprint

636 m²

Volume, LiDAR

3,964 m³

4 parcels, Flanders · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.

4 establishment units

HYPOwaas

Kerktorenstraat 2, 9120 Beveren-Kruibeke-ZwijndrechtFinancial service activities, except insurance and pension funding

since 20212.317.257.051

Parklaan 47, 9100 Sint-Niklaas

Financial service activities, except insurance and pension funding

since 20212.321.690.347

HYPOwaas Lokeren

Zand 1, 9160 LokerenFinancial service activities, except insurance and pension funding

since 20232.341.852.984

Vrasenestraat(BEV) 40, 9120 Beveren-Kruibeke-Zwijndrecht

Financial service activities, except insurance and pension funding

since 20252.372.229.822

4 parcels

Flanders 4 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
46016C0293/00K000	Flanders	1,699 m²	1 · 166 m²	-
46502D0175/00L000	Flanders	337 m²	1 · 279 m²	14.1 m · 2 fl.
46445D1261/00W000	Flanders	222 m²	1 · 92 m²	15.7 m · 4 fl.
46384E1359/00F000 ProtectedTownscape or village viewStadskern LokerenSource ↗	Flanders	213 m²	1 · 100 m²	9.9 m · 3 fl.