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HIPPO COPY DISTRIBUTION

Active
Private limited companyfounded 200620 yrs activeRoute de Philippeville(Tar) 94, 5651 Walcourt, BelgiumKBO/BCE: BE 0880.412.481

HIPPO COPY DISTRIBUTION has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €513k and a net result of €37k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 49% of 1036 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
64 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▲+6
Solvency68▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 1.0 against 0.78 in 2024; short-term debt: 31.8% and cash: 1.5% of total assets), and 57% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 20 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
43%
Return on assets
3.1%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 filings
Deviation from the deadline
2025
31 d late
2024
36 d late
2023
31 d late
2022
29 d late
2021
127 d late
2020
61 d late
2019
91 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 months
Position in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€37k▲ 508%
2024 · €6k
2018: €94k 2019: €62k 2020: €38k 2021: €5k 2022: €149k 2023: €6k 2024: €6k
2018 → 2025
Working capital
€-2k▲ 98.1%
2024 · €-92k
2018: €-142k 2019: €-112k 2020: €-93k 2021: €-119k 2022: €-32k 2023: €-79k 2024: €-92k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€321k-€471k▲ 46.5%€477k▲ 1.3%€476k▼ 0.1%€513k▲ 7.7%
Operating result€26k-€240k▲ 825%€125k▼ 48.1%€103k▼ 17.3%€161k▲ 56.3%
Net result€5k-€149k▲ 3,097%€6k▼ 96.0%€6k▲ 0.1%€37k▲ 508%
Result per fiscal year
Operating resultNet result
€0€100k€200kOperating result 2021: €26k€26kNet result 2021: €5k€5kOperating result 2022: €240k€240kNet result 2022: €149k€149kOperating result 2023: €125k€125kNet result 2023: €6k€6kOperating result 2024: €103k€103kNet result 2024: €6k€6kOperating result 2025: €161k€161kNet result 2025: €37k€37k20212022202320242025
The operating result recovers in 2025; 2025 is 56% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.19M
Fixed assets €815k▼ 14.5%
Current assets €378k▲ 13.2%
Equity and liabilities €1.19M
Equity €513k▲ 7.7%
Debt €680k▼ 16.1%
The debt ratio falls from 63.0% to 57.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€224k
2024 · €162k
Cash flow
€100k
2024 · €64k
Solvency
43.0%
2024 · 37.0%
Current ratio
1.00
2024 · 0.78
Quick ratio
0.90
2024 · 0.58
Debt / equity
1.33
2024 · 1.70
ROE
7.1%
2024 · 1.3%
ROA
3.1%
2024 · 0.5%
Interest coverage
2.21
2024 · 1.86
Debt
€680k
2024 · €811k
Debt ≤ 1 year
€380k
2024 · €426k
Debt > 1 year
€301k
2024 · €385k
Income taxes
€23k
2024 · €11k
Staff costs
€260k
2024 · €349k
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€1.29M€1.19M
Fixed assets21/28€953k€815k
Tangible fixed assets22/27€952k€814k
Land and buildings22€812k€767k
Plant, machinery and equipment23€11k€9k
Furniture and vehicles24€128k€38k
Financial fixed assets28€960€960=
Current assets29/58€334k€378k
Amounts receivable after more than one year29€114k€114k=
Other amounts receivable291€114k€114k=
Stocks and contracts in progress3€88k€38k
Stocks30/36€88k€38k
Amounts receivable within one year40/41€105k€207k
Trade receivables40€67k€81k
Other amounts receivable41€38k€125k
Cash at bank and in hand54/58€12k€18k
Deferred charges and accrued income490/1€15k€2k
Equity and liabilities
Total equity and liabilities10/49€1.29M€1.19M
Equity10/15€476k€513k
Contributions10/11€7k€7k=
Reserves13€324k€324k=
Distributable reserves133€324k€324k=
Profit (loss) carried forward14€145k€181k
Amounts payable17/49€811k€680k
Amounts payable after more than one year17€385k€301k
Financial debts170/4€383k€299k
Other amounts payable178/9€2k€2k=
Amounts payable within one year42/48€426k€380k
Current portion of amounts payable after more than one year42€93k€83k
Trade debts44€116k€127k
Suppliers440/4€116k€127k
Advances received on contracts in progress46-€94
Taxes, remuneration and social security45€192k€103k
Taxes450/3€51k€84k
Remuneration and social security454/9€141k€19k
Other amounts payable47/48€24k€66k
Income statement Code20242025
Remuneration, social security and pensions62€349k€260k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€63k
Other operating charges640/8€47k€16k
Gross operating margin9900€558k€501k
Operating profit (loss)9901€103k€161k
Financial income75/76B€40€239
Recurring financial income75€40€239
Financial charges65/66B€87k€102k
Recurring financial charges65€87k€102k
Profit (loss) for the period before taxes9903€17k€60k
Income taxes67/77€11k€23k
Profit (loss) for the period9904€6k€37k
Profit (loss) for the period to be appropriated9905€6k€37k
Appropriation of the result
Profit (loss) to be appropriated9906€145k€181k
Profit (loss) brought forward from the previous period14P€139k€145k
Transfer from equity791/2€7k€0
Profit to be distributed694/7€7k€0
Return on contributions (dividend)694€7k€0
Social balance
Average headcount (FTE)90877.76.5

The notes to these accounts (14 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial Equity above €500kEq €513k ▲7.7%
8 profitable years in a row build equity to €513k.
05-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 36 days late
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
31-12
Financial Highest result since 2018net €149k ▲3097%
Operating result €240k, net result €149k, both a record.
05-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 127 days late
2021
31-12
Financial Weakest financial yearnet €5k ▼87.7%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
30-09
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 61 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
25-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Walcourt · 1 establishment unit since 2006
establishment approximate The establishment unit 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.

Route de Philippeville(Tar) 945651 Walcourt
Ground area
286 m²
Building footprint
77 m²
Parcel 93076D0034/00W002, Wallonia. Linked by address, not a title deed.
1 establishment unit
HIPPO COPY DISTRIBUTION
Route de Philippeville(Tar) 94, 5651 WalcourtNACE 4531003
since 20062.216.750.106
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
93076D0034/00W002indicative Wallonia 286 m² 1 · 77 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

254900ZXTP5YC2D7TK62
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 863 companies in sector 95100 we hold annual accounts for 265. 144 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded31-03-2006
Fiscal year end31-12
Activities, NACEBEL
46500Wholesale of information and communication equipment
46660Wholesale trade
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95120Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.