HUPSKADEE
ActiveHUPSKADEE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86k and a net result of €-12k. Equity is growing by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 51% of 14038 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 and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-45
Solvency56▼-34
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.3 in 2024; short-term debt: 11.3% and cash: 1.1% of total assets), and 68.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.2%
Return on assets
-4.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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
6 d late
2024
95 d late
2023
9 d late
2022
5 d early
2021
34 d early
2020
44 d early
2019
56 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 monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€86k▼ 43.5%
2024 · €152k
2018: €31k
2019: €50k
2020: €66k
2021: €86k
2022: €102k
2023: €116k
2024: €152k
2018 → 2025
Total assets
€276k▲ 17.4%
2024 · €235k
2018: €247k
2019: €250k
2020: €256k
2021: €249k
2022: €206k
2023: €210k
2024: €235k
2018 → 2025
Net result
€-12k
2024 · €36k
2018: €5k
2019: €18k
2020: €16k
2021: €23k
2022: €20k
2023: €14k
2024: €36k
2018 → 2025
Working capital
€12k▼ 2.5%
2024 · €12k
2018: €-63k
2019: €-60k
2020: €-61k
2021: €-47k
2022: €-27k
2023: €-13k
2024: €12k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€86k-€102k▲ 18.2%€116k▲ 13.9%€152k▲ 31.1%€86k▼ 43.5%
Operating result€36k-€31k▼ 14.9%€22k▼ 26.7%€53k▲ 136%€-10k
Net result€23k-€20k▼ 14.7%€14k▼ 29.2%€36k▲ 156%€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10k after €53k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €276k
Fixed assets
€233k▲ 27.3%
Current assets
€43k▼ 17.1%
Equity and liabilities €276k
Equity
€86k▼ 43.5%
Debt
€190k▲ 129%
The debt ratio rises from 35.2% to 68.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€6k▼
2024 · €69k
Cash flow
€4k▼
2024 · €52k
Solvency
31.2%▼
2024 · 64.8%
Current ratio
1.38▲
2024 · 1.30
Quick ratio
1.38▲
2024 · 1.30
Debt / equity
2.21▲
2024 · 0.54
ROE
-14.1%▼
2024 · 23.7%
ROA
-4.4%▼
2024 · 15.4%
Interest coverage
3.58▼
2024 · 29.99
Debt
€190k▲
2024 · €83k
Debt ≤ 1 year
€31k▼
2024 · €40k
Debt > 1 year
€159k▲
2024 · €43k
Income taxes
€220▼
2024 · €14k
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€235k€276k▲
Fixed assets21/28€183k€233k▲
Tangible fixed assets22/27€183k€233k▲
Land and buildings22€175k€212k▲
Plant, machinery and equipment23€3k€3k▲
Furniture and vehicles24€2k€16k▲
Other tangible fixed assets26€3k€2k▼
Current assets29/58€52k€43k▼
Amounts receivable within one year40/41€40k€40k▲
Trade receivables40€19k€25k▲
Other amounts receivable41€20k€15k▼
Cash at bank and in hand54/58€11k€3k▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€235k€276k▲
Equity10/15€152k€86k▼
Contributions10/11€32k€32k=
Reserves13€120k€66k▼
Distributable reserves133€120k€66k▼
Profit (loss) carried forward14-€-12k
Amounts payable17/49€83k€190k▲
Amounts payable after more than one year17€43k€159k▲
Financial debts170/4€43k€159k▲
Amounts payable within one year42/48€40k€31k▼
Current portion of amounts payable after more than one year42€13k€6k▼
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€1k€539▼
Taxes450/3€1k€539▼
Other amounts payable47/48€21k€21k▲
Accrued charges and deferred income492/3€30-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€17k▲
Other operating charges640/8€4k€2k▼
Gross operating margin9900€73k€9k▼
Operating profit (loss)9901€53k€-10k▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€51k€-12k▼
Income taxes67/77€14k€220▼
Profit (loss) for the period9904€36k€-12k▼
Profit (loss) for the period to be appropriated9905€36k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€-12k▼
Transfer from equity791/2-€54k
Transfer to equity691/2€36k-
To other reserves6921€36k-
Profit to be distributed694/7-€54k
Return on contributions (dividend)694-€54k
The notes to these accounts (8 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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Weakest financial yearnet €-12k ▼134%
Net result drops to €-12k, the lowest in the series.
03-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 95 days late
2024
31-12
Financial
Highest result since 2018net €36k ▲156%
Operating result €53k, net result €36k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.30
Current ratio from 0.62 to 1.30.
31-12
Financial
Equity above €150kEq €152k ▲31.1%
7 profitable years in a row build equity to €152k.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €102k ▲18.2%
5 profitable years in a row build equity to €102k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Begijnendijk · 1 establishment unit since 2002
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.
Kleinesteenweg 553130 BegijnendijkGround area
1,066 m²
Building footprint
621 m²
Volume, LiDAR
2,566 m³
Parcel 24007B0407/00R000, Flanders · tallest building 9.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HUPSKADEE
since 20022.095.653.128
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24007B0407/00R000 | Flanders | 1,066 m² | 1 · 621 m² | 9.5 m · 1 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.
Similar companies · same sector, comparable size
TOCK GROUP
BE 0792.184.350
Anderlues · Eq €86k
LIBOU
BE 0804.015.776
Kortrijk · Eq €86k
B4W
BE 0787.204.884
Liège · Eq €86k
JETTEQUE
BE 0877.301.157
Brussel · Eq €86k
Hedin Automotive Car Import
BE 0740.605.490
Sint-Niklaas · Eq €86k
Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 3,647 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-2001
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.