HUBEAU
ActiveHUBEAU has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €222k and a net result of €72k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 63% of 1502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
72
/ 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
Profitability87▼-10
Solvency71▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.29 against 1.93 in 2024; short-term debt: 42.1% and cash: 10% of total assets), but 54.2% 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 risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
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 · 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
45.8%
Return on assets
14.9%
Age of the figures
18 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €222k
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 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 filingsDeviation from the deadline
2025
28 d late
2024
32 d late
2023
50 d late
2022
24 d late
2021
30 d late
2020
10 d late
2019
18 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€222k▲ 48.1%
2024 · €150k
2019: €48k
2020: €66k
2021: €-19k
2022: €-54k
2023: €64k
2024: €150k
2019 → 2025
Total assets
€484k▲ 25.4%
2024 · €386k
2019: €366k
2020: €371k
2021: €274k
2022: €320k
2023: €315k
2024: €386k
2019 → 2025
Net result
€72k▼ 16.4%
2024 · €86k
2019: €-26k
2020: €17k
2021: €-125k
2022: €-35k
2023: €117k
2024: €86k
2019 → 2025
Working capital
€262k▲ 51.2%
2024 · €173k
2019: €32k
2020: €47k
2021: €48k
2022: €14k
2023: €110k
2024: €173k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-19k-€-54k▼ 190%€64k€150k▲ 136%€222k▲ 48.1%
Operating result€-121k-€-31k▲ 74.1%€121k€94k▼ 22.4%€101k▲ 7.7%
Net result€-125k-€-35k▲ 71.7%€117k€86k▼ 26.6%€72k▼ 16.4%
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 recovers in 2025; 2025 is 8% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €484k
Fixed assets
€19k▼ 31.9%
Current assets
€466k▲ 29.7%
Equity and liabilities €484k
Equity
€222k▲ 48.1%
Debt
€263k▲ 11.0%
The debt ratio falls from 61.2% to 54.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€114k▼
2024 · €116k
Cash flow
€85k▼
2024 · €108k
Solvency
45.8%▲
2024 · 38.8%
Current ratio
2.29▲
2024 · 1.93
Quick ratio
2.25▲
2024 · 1.88
Debt / equity
1.18▼
2024 · 1.58
ROE
32.5%▼
2024 · 57.5%
ROA
14.9%▼
2024 · 22.3%
Interest coverage
12.44▼
2024 · 14.88
Debt
€263k▲
2024 · €237k
Debt ≤ 1 year
€204k▲
2024 · €186k
Debt > 1 year
€41k▲
2024 · €36k
Income taxes
€34k▲
2024 · €7k
Staff costs
€58k▲
2024 · €39k
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€386k€484k▲
Fixed assets21/28€27k€19k▼
Tangible fixed assets22/27€27k€18k▼
Plant, machinery and equipment23€16k€9k▼
Furniture and vehicles24€4k€2k▼
Other tangible fixed assets26€7k€6k▼
Financial fixed assets28€745€810▲
Current assets29/58€359k€466k▲
Stocks and contracts in progress3€9k€8k▼
Stocks30/36€9k€8k▼
Amounts receivable within one year40/41€329k€402k▲
Trade receivables40€111k€90k▼
Other amounts receivable41€218k€311k▲
Cash at bank and in hand54/58€16k€48k▲
Deferred charges and accrued income490/1€4k€8k▲
Equity and liabilities
Total equity and liabilities10/49€386k€484k▲
Equity10/15€150k€222k▲
Contributions10/11€59k€59k=
Outside capital11€59k€59k=
Other1109/19€59k€59k=
Reserves13€91k€163k▲
Distributable reserves133€91k€163k▲
Amounts payable17/49€237k€263k▲
Amounts payable after more than one year17€36k€41k▲
Financial debts170/4€36k€41k▲
Amounts payable within one year42/48€186k€204k▲
Current portion of amounts payable after more than one year42€32k€33k▲
Financial debts43€18k€10k▼
Credit institutions430/8€18k€10k▼
Trade debts44€98k€97k▼
Suppliers440/4€98k€97k▼
Advances received on contracts in progress46€16k-
Taxes, remuneration and social security45€22k€64k▲
Taxes450/3€20k€60k▲
Remuneration and social security454/9€2k€4k▲
Accrued charges and deferred income492/3€15k€18k▲
Income statement
Code20242025
Remuneration, social security and pensions62€39k€58k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€13k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€25k
Other operating charges640/8€28k€11k▼
Gross operating margin9900€182k€208k▲
Operating profit (loss)9901€94k€101k▲
Financial income75/76B€7k€14k▲
Recurring financial income75€7k€14k▲
Financial charges65/66B€8k€9k▲
Recurring financial charges65€8k€9k▲
Profit (loss) for the period before taxes9903€93k€106k▲
Income taxes67/77€7k€34k▲
Profit (loss) for the period9904€86k€72k▼
Profit (loss) for the period to be appropriated9905€86k€72k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€72k▲
Profit (loss) brought forward from the previous period14P€-34k-
Transfer to equity691/2€53k€72k▲
To other reserves6921€53k€72k▲
The notes to these accounts (11 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
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
31-03
Financial
Equity above €200kEq €222k ▲48.1%
3 profitable years in a row build equity to €222k.
2024
02-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
31-03
Financial
Equity above €100kEq €150k ▲136%
2 profitable years in a row build equity to €150k.
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
31-03
Financial
Back to profitnet €117k
Net result €117k after 2 loss-making years.
2022
24-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
31-03
Financial
Weakest financial yearnet €-125k ▼812%
Net result drops to €-125k, the lowest in the series; recovery starts the following year.
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
31-03
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
2019
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Oudenaarde · 1 establishment unit since 2006
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.
Industriepark "De Bruwaan" 779700 OudenaardeGround area
3.5 ha
Building footprint
1,290 m²
Volume, LiDAR
15,741 m³
Parcel 45502B0612/00X000, Flanders · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Hubeau
since 20062.151.635.786
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45502B0612/00X000 | Flanders | 3.5 ha | 1 · 1,290 m² | 15.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 1,349 EUR awarded · 1,349 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 449 EUR | 1,349 EUR |
| 2024 | 1 | 900 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
4 live approvals · 4 endedBestuurder interne transportmiddelen duaal (so)
Logistiek duaal (so)
Magazijnmedewerker (vwo)
Magazijnmedewerker duaal (so)
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Of 882 companies in sector 77229 we hold annual accounts for 320. 245 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-01-2006
Fiscal year end31-03
Activities, NACEBEL
77223Rental and leasing activities
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
71408
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.