ETABLISSEMENTS HUBERT -MACQ
ActiveETABLISSEMENTS HUBERT -MACQ has been active since 1958 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €8k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 24% of 305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+55
Solvency41▲+16
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.48 against 1.19 in 2024; short-term debt: 5% and cash: 0.1% of total assets), and 84.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
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
15.9%
Return on assets
10.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 305 sector peers (2025).
NBB · sector comparisonPosition among 305 sector peers
Solvency
better than 24%
← weakest
strongest →
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
43 d early
2023
33 d early
2022
22 d late
2021
71 d late
2020
9 d early
2019
36 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€13k▲ 171%
2024 · €5k
2018: €36k
2019: €-23k
2020: €6k
2021: €13k
2022: €11k
2023: €13k
2024: €5k
2018 → 2025
Total assets
€85k▼ 96.9%
2024 · €2.73M
2018: €2.92M
2019: €2.79M
2020: €2.79M
2021: €2.75M
2022: €2.73M
2023: €2.73M
2024: €2.73M
2018 → 2025
Net result
€8k
2024 · €-8k
2018: €9k
2019: €-58k
2020: €28k
2021: €7k
2022: €-2k
2023: €2k
2024: €-8k
2018 → 2025
Working capital
€-2k
2024 · €2k
2018: €-3k
2019: €-46k
2020: €-41k
2021: €-20k
2022: €-34k
2023: €-15k
2024: €2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€11k▼ 17.8%€13k▲ 19.7%€5k▼ 60.9%€13k▲ 171%
Operating result€17k-€-4k€3k€-531€9k
Net result€7k-€-2k€2k€-8k€8k
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 returns to profit in 2025: €9k after a loss of €531 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85k
Fixed assets
€83k▼ 97.0%
Current assets
€2k▼ 86.8%
Equity and liabilities €85k
Equity
€13k▲ 171%
Debt
€71k▼ 97.4%
The debt ratio falls from 99.8% to 84.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▲
2024 · €7k
Cash flow
€16k▲
2024 · €-228
Solvency
15.9%▲
2024 · 0.2%
Current ratio
0.48▼
2024 · 1.19
Quick ratio
0.48▼
2024 · 1.19
Debt / equity
5.28
ROE
63.2%▲
2024 · -155.9%
ROA
10.1%▲
2024 · -0.3%
Interest coverage
256.98▲
2024 · 0.97
Debt
€71k▼
2024 · €2.72M
Debt ≤ 1 year
€4k▼
2024 · €13k
Debt > 1 year
€67k▼
2024 · €2.71M
Income taxes
€280
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€2.73M€85k▼
Fixed assets21/28€2.71M€83k▼
Tangible fixed assets22/27€90k€83k▼
Land and buildings22€90k€83k▼
Financial fixed assets28€2.62M-
Current assets29/58€16k€2k▼
Amounts receivable within one year40/41€16k€467▼
Other amounts receivable41€16k€467▼
Cash at bank and in hand54/58-€82
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€2.73M€85k▼
Equity10/15€5k€13k▲
Contributions10/11€297k€297k=
Capital10€297k€297k=
Issued capital100€297k€297k=
Reserves13€3k€3k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Tax-exempt reserves132€942€942=
Profit (loss) carried forward14€-296k€-287k▲
Amounts payable17/49€2.72M€71k▼
Amounts payable after more than one year17€2.71M€67k▼
Other amounts payable178/9€2.71M€67k▼
Amounts payable within one year42/48€13k€4k▼
Current portion of amounts payable after more than one year42€8k-
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€18€280▲
Taxes450/3€18€280▲
Income statement
Code20242025
Non-recurring operating income76A-€14k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Other operating charges640/8€968€998▲
Gross operating margin9900€8k€17k▲
Operating profit (loss)9901€-531€9k▲
Financial charges65/66B€7k€64▼
Recurring financial charges65€7k€64▼
Profit (loss) for the period before taxes9903€-8k€9k▲
Income taxes67/77-€280
Profit (loss) for the period9904€-8k€8k▲
Profit (loss) for the period to be appropriated9905€-8k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-296k€-287k▲
Profit (loss) brought forward from the previous period14P€-288k€-296k▼
The notes to these accounts (5 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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 1.19
Current ratio from 0.40 to 1.19; short-term debt falls from €25k to €13k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
10-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 71 days late
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-58k ▼759%
Net result drops to €-58k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Ham-sur-Heure-Nalinnes · 1 establishment unit since 1958
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.
Rue de Philippeville(NAL) 896120 Ham-sur-Heure-NalinnesGround area
5,097 m²
Building footprint
45 m²
Volume, LiDAR
416 m³
2 parcels, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue au Filet(CH) 10, 6460 Chimay
since 19582.005.589.915
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56058B0375/00C012indicative | Wallonia | 5,012 m² | - | - |
| 56016C0744/00D000 | Wallonia | 85 m² | 1 · 45 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Imprimerie - Editions Dricot
BE 0403.881.076
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THE PUBLICITY NETWORK
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Wijnegem · Eq €16k
PRINTPHIL
BE 0448.847.209
Court-Saint-Etienne · Eq €16k
ABCURÉ
BE 0438.201.161
Gent · Eq €17k
IMPRIMERIE HENRY
BE 0411.099.361
Wavre · Eq €19k
Of 195 companies in sector 18110 we hold annual accounts for 134. 57 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-07-1958
Fiscal year end31-12
Activities, NACEBEL
18110Printing and reproduction of recorded media
22210
47620Retail trade
47621Retail sale of newspapers and periodicals
47640Retail sale of games and toys
47650Retail trade
52470
52489
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.