HYGGE VASTGOED
ActiveSummary
HYGGE VASTGOED has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €30k and a net result of €13k. Equity is growing by ~73.6% per year across the filed fiscal years. Its solvency ranks better than 77% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency94▲+36
Growth78=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity ample (current ratio 3.19 against 1.49 in 2023; short-term debt: 31.3% and cash: 11.4% of total assets), and 31.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
68.7%
Return on assets
29.1%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-12-2025, 144 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
144 d late
2023
53 d late
2022
31 d late
2021
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€30k▲ 29.0%
2023 · €23k
2021: €1k
2022: €5k
2023: €23k
2021 → 2024
Total assets
€44k▼ 38.2%
2023 · €71k
2021: €12k
2022: €17k
2023: €71k
2021 → 2024
Net result
€13k▼ 72.1%
2023 · €46k
2021: €5k
2022: €8k
2023: €46k
2021 → 2024
Working capital
€30k▲ 29.0%
2023 · €23k
2021: €1k
2022: €5k
2023: €23k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€1k-€5k▲ 245%€23k▲ 403%€30k▲ 29.0%
Operating result€5k-€9k▲ 86.9%€53k▲ 479%€15k▼ 72.2%
Net result€5k-€8k▲ 60.9%€46k▲ 486%€13k▼ 72.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 72% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €44k
Equity
€30k ▲ 29.0%
Debt
€14k ▼ 71.2%
Debt's share of the balance-sheet total falls from 67.1% to 31.3%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
3.19▲
2023 · 1.49
Debt to equity
0.46▼
2023 · 2.04
ROE
42.4%▼
2023 · 195.8%
ROA
29.1%▼
2023 · 64.4%
Debt ≤ 1 year
€14k▼
2023 · €48k
Income taxes
€2k▼
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet
Code20232024
Assets
Total assets20/58€71k€44k▼
Current assets29/58€71k€44k▼
Amounts receivable within one year40/41€29k€39k▲
Trade receivables40€15k€1k▼
Other amounts receivable41€14k€38k▲
Cash at bank and in hand54/58€42k€5k▼
Equity and liabilities
Total equity and liabilities10/49€71k€44k▼
Equity10/15€23k€30k▲
Contributions10/11€1k€1k=
Capital10-€1k
Issued capital100-€1k
Reserves13€22k€29k▲
Distributable reserves133€22k€29k▲
Amounts payable17/49€48k€14k▼
Amounts payable within one year42/48€48k€14k▼
Trade debts44€5k€780▼
Suppliers440/4€5k€780▼
Taxes, remuneration and social security45€12k€7k▼
Taxes450/3€12k€7k▼
Other amounts payable47/48€32k€6k▼
Income statement
Code20232024
Other operating charges640/8€100€145▲
Gross operating margin9900€53k€15k▼
Operating profit (loss)9901€53k€15k▼
Financial charges65/66B€411€132▼
Recurring financial charges65€411€132▼
Profit (loss) for the period before taxes9903€52k€14k▼
Income taxes67/77€7k€2k▼
Profit (loss) for the period9904€46k€13k▼
Profit (loss) for the period to be appropriated9905€46k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€13k▼
Transfer to equity691/2€19k€7k▼
To other reserves6921€19k€7k▼
Profit to be distributed694/7€27k€6k▼
Directors or managers695€27k€6k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 144 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 3.19
Current ratio from 1.49 to 3.19; short-term debt falls from €48k to €14k.
22-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 53 days late
2023
31-12
Financial
Highest result since 2021net €46k ▲486%
Operating result €53k, net result €46k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
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, Beveren · 1 establishment unit since 2021
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.
Gentseweg(HSD) 309b9120 BeverenGround area
1.6 ha
Parcel 46009B0028/00Y000, Flanders. Linked by address, not a title deed.
1 establishment unit
HYGGE VASTGOED
since 20212.322.664.010
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46009B0028/00Y000 | Flanders | 1.6 ha | - | - |
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
Van Dommelen Vastgoed
BE 0738.728.640
Bree · Eq €30,092
URBAN BRICKS
BE 0799.582.282
Herent · Eq €30,138
INEO COACHING & CONSULTING
BE 0727.472.185
Péruwelz · Eq €30,138
BELIMMO HJ
BE 0811.509.324
Walhain · Eq €30,150
HOME2BE
BE 0679.482.624
Crisnée · Eq €30,056
Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 4,400 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-08-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.