HUPPELDEPUP
ActiveSummary
HUPPELDEPUP has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.34M and a net result of €-93k. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 68% of 3200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability39▼-10
Solvency98▲+24
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.04 in 2024; short-term debt: 26.8% and cash: 2.3% of total assets), and 26.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
73.2%
Return on assets
-2%
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 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 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
35 d early
2021
31 d late
2020
38 d early
2019
56 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-93k▼ 282%
2024 · €-24k
2018: €-33k
2019: €274k▲ +923% vs 2018
2020: €1.07M▲ +290% vs 2019highest in 8 years
2021: €292k▼ -72.8% vs 2020
2022: €541k▲ +85.6% vs 2021
2023: €-33k▼ -106% vs 2022
2024: €-24k▲ +27.3% vs 2023
2025: €-93k▼ -282% vs 2024lowest in 8 years
2018 → 2025
Working capital
€191k▲ 49.6%
2024 · €127k
2018: €-2.87Mlowest in 8 years
2019: €-2.40M▲ +16.3% vs 2018
2020: €-1.27M▲ +47.0% vs 2019
2021: €-849k▲ +33.4% vs 2020
2022: €-137k▲ +83.9% vs 2021
2023: €-19k▲ +86.3% vs 2022
2024: €127k▲ +782% vs 2023
2025: €191k▲ +49.6% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.95M-€3.49M▲ 18.3%€3.46M▼ 1.0%€3.44M▼ 0.7%€3.34M▼ 2.7%
2021: €2.95Mlowest in 5 years
2022: €3.49M▲ +18.3% vs 2021highest in 5 years
2023: €3.46M▼ -1.0% vs 2022
2024: €3.44M▼ -0.7% vs 2023
2025: €3.34M▼ -2.7% vs 2024
Operating result€443k-€796k▲ 79.8%€27k▼ 96.6%€21k▼ 19.7%€-70k
2021: €443k
2022: €796k▲ +79.8% vs 2021highest in 5 years
2023: €27k▼ -96.6% vs 2022
2024: €21k▼ -19.7% vs 2023
2025: €-70k▼ -426% vs 2024lowest in 5 years
Net result€292k-€541k▲ 85.6%€-33k€-24k▲ 27.3%€-93k▼ 282%
2021: €292k
2022: €541k▲ +85.6% vs 2021highest in 5 years
2023: €-33k▼ -106% vs 2022
2024: €-24k▲ +27.3% vs 2023
2025: €-93k▼ -282% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €70k after €21k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.57M
Fixed assets
€3.15M ▼ 4.7%
Current assets
€1.41M ▼ 61.9%
Equity and liabilities €4.57M
Equity
€3.34M ▼ 2.7%
Debt
€1.22M ▼ 65.8%
Debt's share of the balance-sheet total falls from 51.0% to 26.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€101k▼
2024 · €224k
Cash flow
€78k▼
2024 · €179k
Current ratio
1.16▲
2024 · 1.04
Quick ratio
0.99▲
2024 · 0.98
Debt to equity
0.37▼
2024 · 1.04
ROE
-2.8%▼
2024 · -0.7%
ROA
-2.0%▼
2024 · -0.3%
Interest coverage
2.74▼
2024 · 3.65
Debt ≤ 1 year
€1.22M▼
2024 · €3.58M
Income taxes
€16k▼
2024 · €49k
Staff costs
€22k
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 · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€7.01M€4.57M▼
Fixed assets21/28€3.31M€3.15M▼
Tangible fixed assets22/27€3.31M€3.15M▼
Land and buildings22€3.27M€3.14M▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€30k€1k▼
Other tangible fixed assets26€9k€9k=
Current assets29/58€3.70M€1.41M▼
Stocks and contracts in progress3€204k€204k=
Stocks30/36€204k€204k=
Amounts receivable within one year40/41€2.40M€1.08M▼
Trade receivables40€160k€100k▼
Other amounts receivable41€2.24M€979k▼
Cash at bank and in hand54/58€1.08M€105k▼
Deferred charges and accrued income490/1€25k€26k▲
Equity and liabilities
Total equity and liabilities10/49€7.01M€4.57M▼
Equity10/15€3.44M€3.34M▼
Contributions10/11€248k€248k=
Capital10€248k€248k=
Issued capital100€248k€248k=
Reserves13€3.19M€3.10M▼
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Tax-exempt reserves132€358k€147k▼
Distributable reserves133€2.81M€2.92M▲
Amounts payable17/49€3.58M€1.22M▼
Amounts payable within one year42/48€3.58M€1.22M▼
Financial debts43€1.15M€1.15M=
Credit institutions430/8€1.15M€1.15M=
Trade debts44€30k€18k▼
Suppliers440/4€30k€18k▼
Taxes, remuneration and social security45€84k€54k▼
Taxes450/3€84k€54k▼
Other amounts payable47/48€2.31M-
Income statement
Code20242025
Remuneration, social security and pensions62-€22k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€203k€171k▼
Other operating charges640/8€13k€14k▲
Gross operating margin9900€237k€137k▼
Operating profit (loss)9901€21k€-70k▼
Financial income75/76B€64k€30k▼
Recurring financial income75€62k€21k▼
Non-recurring financial income76B€2k€9k▲
Financial charges65/66B€61k€37k▼
Recurring financial charges65€61k€37k▼
Profit (loss) for the period before taxes9903€24k€-77k▼
Income taxes67/77€49k€16k▼
Profit (loss) for the period9904€-24k€-93k▼
Transfer from tax-exempt reserves789€295k€211k▼
Profit (loss) for the period to be appropriated9905€270k€118k▼
Appropriation of the result
Profit (loss) to be appropriated9906€270k€118k▼
Transfer to equity691/2€270k€118k▼
To other reserves6921€270k€118k▼
Social balance
Average headcount (FTE)9087-0.6
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €3k | €15k | - | - | - | - |
| Remuneration, social security and pensions62 | €-59 | - | - | - | €22k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €204k | €196k | €198k | €203k | €171k | ▼ 15.6% |
| Other operating charges640/8 | €10k | €15k | €12k | €13k | €14k | ▲ 10.8% |
| Non-recurring operating charges66A | €7k | - | - | - | - | - |
| Gross operating margin9900 | €663k | €1.01M | €237k | €237k | €137k | ▼ 42.3% |
| Operating profit (loss)9901 | €443k | €796k | €27k | €21k | €-70k | ▼ 426% |
| Financial income75/76B | €3k | €12k | €12k | €64k | €30k | ▼ 53.0% |
| Recurring financial income75 | €3k | €5k | €8k | €62k | €21k | ▼ 65.5% |
| Non-recurring financial income76B | - | €7k | €3k | €2k | €9k | ▲ 273% |
| Financial charges65/66B | €43k | €13k | €48k | €61k | €37k | ▼ 40.0% |
| Recurring financial charges65 | €43k | €13k | €48k | €61k | €37k | ▼ 40.0% |
| Profit (loss) for the period before taxes9903 | €402k | €794k | €-9k | €24k | €-77k | ▼ 418% |
| Income taxes67/77 | €111k | €253k | €24k | €49k | €16k | ▼ 67.1% |
| Profit (loss) for the period9904 | €292k | €541k | €-33k | €-24k | €-93k | ▼ 282% |
| Transfer from tax-exempt reserves789 | €162k | - | €177k | €295k | €211k | ▼ 28.6% |
| Transfer to tax-exempt reserves689 | €387k | €147k | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €67k | €394k | €143k | €270k | €118k | ▼ 56.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.12M | €4.97M | €5.87M | €7.01M | €4.57M | ▼ 34.9% |
| Fixed assets21/28 | €3.82M | €3.63M | €3.48M | €3.31M | €3.15M | ▼ 4.7% |
| Tangible fixed assets22/27 | €3.82M | €3.63M | €3.48M | €3.31M | €3.15M | ▼ 4.7% |
| Land and buildings22 | €3.68M | €3.53M | €3.40M | €3.27M | €3.14M | ▼ 3.9% |
| Plant, machinery and equipment23 | €5k | €4k | €3k | €3k | €2k | ▼ 10.8% |
| Furniture and vehicles24 | €136k | €100k | €64k | €30k | €1k | ▼ 95.3% |
| Other tangible fixed assets26 | - | - | €9k | €9k | €9k | = |
| Current assets29/58 | €1.30M | €1.34M | €2.39M | €3.70M | €1.41M | ▼ 61.9% |
| Stocks and contracts in progress3 | €207k | €196k | €205k | €204k | €204k | = |
| Stocks30/36 | €207k | €196k | €205k | €204k | €204k | = |
| Amounts receivable within one year40/41 | €604k | €107k | €2.05M | €2.40M | €1.08M | ▼ 55.0% |
| Trade receivables40 | €576k | €107k | €127k | €160k | €100k | ▼ 37.8% |
| Other amounts receivable41 | €28k | €102 | €1.92M | €2.24M | €979k | ▼ 56.2% |
| Cash at bank and in hand54/58 | €284k | €657k | €102k | €1.08M | €105k | ▼ 90.3% |
| Deferred charges and accrued income490/1 | €206k | €377k | €32k | €25k | €26k | ▲ 0.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.12M | €4.97M | €5.87M | €7.01M | €4.57M | ▼ 34.9% |
| Equity10/15 | €2.95M | €3.49M | €3.46M | €3.44M | €3.34M | ▼ 2.7% |
| Contributions10/11 | €248k | €248k | €248k | €248k | €248k | = |
| Capital10 | €248k | €248k | €248k | €248k | €248k | = |
| Issued capital100 | €248k | €248k | €248k | €248k | €248k | = |
| Reserves13 | €2.70M | €3.25M | €3.21M | €3.19M | €3.10M | ▼ 2.9% |
| Non-distributable reserves130/1 | €25k | €25k | €25k | €25k | €25k | = |
| Legal reserve130 | €25k | €25k | €25k | €25k | €25k | = |
| Tax-exempt reserves132 | €682k | €829k | €653k | €358k | €147k | ▼ 58.8% |
| Distributable reserves133 | €2.00M | €2.39M | €2.54M | €2.81M | €2.92M | ▲ 4.2% |
| Amounts payable17/49 | €2.17M | €1.47M | €2.41M | €3.58M | €1.22M | ▼ 65.8% |
| Amounts payable within one year42/48 | €2.15M | €1.47M | €2.41M | €3.58M | €1.22M | ▼ 65.8% |
| Financial debts43 | €1.15M | €1.15M | €1.15M | €1.15M | €1.15M | = |
| Credit institutions430/8 | €1.15M | €1.15M | €1.15M | €1.15M | €1.15M | = |
| Trade debts44 | €6k | €20k | €14k | €30k | €18k | ▼ 41.7% |
| Suppliers440/4 | €6k | €20k | €14k | €30k | €18k | ▼ 41.7% |
| Taxes, remuneration and social security45 | €268k | €268k | €201k | €84k | €54k | ▼ 35.9% |
| Taxes450/3 | €268k | €268k | €201k | €84k | €54k | ▼ 35.9% |
| Other amounts payable47/48 | €725k | €35k | €1.04M | €2.31M | - | - |
| Accrued charges and deferred income492/3 | €22k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €292k | €541k | €-33k | €-24k | €-93k | ▼ 282% |
| + Depreciation and write-downs630 | €204k | €196k | €198k | €203k | €171k | ▼ 15.6% |
| Operating cash flow (approximation) | €496k | €737k | €164k | €179k | €78k | ▼ 56.1% |
| Investment in fixed assets (approximation) | - | €-3k | €-46k | €-32k | €-15k | ▲ 53.2% |
| Change in cash | - | €372k | €-554k | €976k | €-973k | ▼ 200% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-09
State Gazette act
General meeting · Director appointment
Permanent representative · Board meeting
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
20-07
State Gazette act
Incorporation · Founder
Founding capital · Corporate purpose
2025
31-12
Financial
Weakest financial yearnet €-93k
Net result drops to €-93k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €1.07M ▲290%
Operating result €1.09M, net result €1.07M, both a record.
31-12
Financial
Equity above €2MEq €2.66M ▲67.3%
2 profitable years in a row build equity to €2.66M.
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Back to profitnet €274k
Net result €274k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Leuven · 1 establishment unit since 1997
Ground area
677 m²
Building footprint
224 m²
Volume, LiDAR
1,184 m³
Parcel 24040B0232/00M002, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Sint-Jansbergsesteenweg 171, 3001 Leuven
since 19972.081.619.010
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24040B0232/00M002 | Flanders | 677 m² | 1 · 224 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
6 connected companiesThis company
Company
Director
Shareholding
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Linked via shared directors
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 14,791 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded08-04-1997
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
59114Motion picture, video and television programme production, sound recording and music publishing activities
60100Programming, broadcasting, news agency and other content distribution activities
Scores and ratios are computed by Checked and are not a credit decision.