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Hubspot Belgium

Active
Public limited companyfounded 201213 yrs activeNotarisstraat 1, 9000 Gent, BelgiumKBO/BCE: BE 0849.451.764
Summary

Hubspot Belgium has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.8m and a net result of €3.8m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 63% of 1599 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Other information technology and computer services
NACE 62900NACE 62010NACE 62090
1 site
Size
€12.1mturnover 2025
Staff
32.6 FTE
Equity
€6.8m
Profit
€3.8m
Financial health
98 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Parent
Hubspot Inc
Board
2 members
Auditor: BDO Bedrijfsrevisoren bvAccounts 17 d early
Why 98- 2 of the last 3 late+ Liquidity: current ratio 1.99, cash €4.5m+ Size: turnover €12.1m, 32.6 FTE, total assets €13.1m+ Sector Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Better than 80% of its sector peers (NACE 62, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 77+16
equity 51.6% of total assets
Liquidity 69+15
short-term debt 47.8% · cash 34.3%
Profitability 100=
return on assets 28.7%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (1,155 companies)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● 0.0% vs 11-2024 01-2025: 0.5%● 0.0% vs 12-2024 02-2025: 0.5%▲ +1.9% vs 01-2025 03-2025: 0.5%▼ -3.4% vs 02-2025 04-2025: 0.4%▼ -3.3% vs 03-2025 05-2025: 0.4%▼ -1.1% vs 04-2025 06-2025: 0.4%▼ -2.3% vs 05-2025 07-2025: 0.5%▲ +9.2% vs 06-2025 08-2025: 0.6%▲ +19.8% vs 07-2025 09-2025: 0.6%▲ +1.3% vs 08-2025 10-2025: 0.6%▲ +3.5% vs 09-2025highest value 11-2025: 0.1%▼ -77.6% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%▼ -3.8% vs 01-2026 03-2026: 0.1%▼ -0.8% vs 02-2026 04-2026: 0.1%▼ -4.0% vs 03-2026 05-2026: 0.1%▼ -4.2% vs 04-2026 06-2026: 0.1%▲ +3.5% vs 05-2026 07-2026: 0.1%▲ +18.5% vs 06-2026 08-2026: < 0.1%▼ -64.5% vs 07-2026lowest value 09-2026: < 0.1%● 0.0% vs 08-2026lowest value 10-2026: < 0.1%● 0.0% vs 09-2026lowest value
  • Liquidity: current ratio 1.99, cash €4.5m lowers the probability
  • 2 of the last 3 late raises the probability
  • Size: turnover €12.1m, 32.6 FTE, total assets €13.1m lowers the probability for this profile
  • Sector Computer programming, consultancy and related activities (NACE 62) lowers the probability
Credit up to €650,000 at 30 days acceptable
Liquidity ample (current ratio 1.99 against 1.45 in 2024; short-term debt: 47.8% and cash: 34.3% of total assets), and 48.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 62, small). Better than this share of them on solvency 64%, liquidity 83%, profitability 97%, growth against the median 76%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 1.99, cash €4.5m
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Size: turnover €12.1m, 32.6 FTE, total assets €13.1m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Sector Computer programming, consultancy and related activities (NACE 62)
In the bankruptcy model this factor lowers the probability.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
17 d early
2024
63 d late
2023
33 d late
2022
32 d early
2021
45 d early
2020
50 d early
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

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. Usually files around 14 July (4 of the last 5 filed years within 51 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Equity above €5mEq €6.8m ▲125%
  3. Appointment: Erika Fisher (director)Mandate compensation

Key points

  • Positive: Equity rose in 2025from €3.0m to €6.8m ▲ 125% View
  • Positive: Among the best 5% on net resultsector median €37,694 · 1,599 companies €3.8m View
  • Controlled by Hubspot Incknown shareholders 100% parent View

By topic

Financials

Fiscal year
2025
Turnover
€12.1m
Profit
€3.8m
Solvency
51.6%
Turnover▲ 3.5%
Net result
20232025
Go to Financials

Board & ownership

Board
2 members
Parent
Hubspot Inc
Known shareholders
100%
Auditor
BDO Bedrijfsrevisoren bv
Go to Board & ownership

Timeline

Events
39
Since
2012
Next accounts
by 31-07-2027
  1. 14-07-2026Annual accounts filed
  2. 31-12-2025Equity above €5m
  3. 18-11-2025Appointment: Erika Fisher (director)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other information technology and computer servicesNACE 62900
Founded
09-10-2012
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
Het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van…
Go to Articles of association

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