Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HYPOSTART from Heusden-Zolder, company number BE0400941184, closed financial year 2025 with a result of € 867,961 after tax. For that financial year HYPOSTART recorded revenue of € 3 million and equity of € 17.4 million. Compared with financial year 2024, the result moved from € 705,892 to € 867,961. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ 17.4 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 867,961
▲ 23% vs 2024
Profit after tax over the fiscal year.
€ 830,760
▲ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 11.4 million.
Debts at end 2025
€ 71.9 million
▼ 9% vs 2024
€ 6.8 million is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 122,644
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 14 days on average.
€ 2,520
▼ 94% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,252,297 | € 3,512,682 | € 3,330,816 | € 3,038,047 | ▼ 9% |
| Profit after taxes | € 564,702 | € 824,279 | € 705,892 | € 867,961 | ▲ 23% |
| Equity | € 15,018,541 | € 15,842,820 | € 16,548,712 | € 17,416,672 | ▲ 5% |
| Total debts | € 105,664,301 | € 101,365,467 | € 95,114,507 | € 89,248,276 | ▼ 6% |
| Cash | € 1,856,445 | € 433,401 | € 532,569 | € 830,760 | ▲ 56% |
| Land & buildings | € 29,046 | - | - | - | |
| Retained profit | € 9,014,741 | € 9,839,020 | € 10,544,912 | € 11,412,872 | ▲ 8% |
| Bank debt | € 93,249,336 | € 85,520,244 | € 78,703,022 | € 71,884,309 | ▼ 9% |
| Balance sheet total | € 120,757,179 | € 117,219,960 | € 111,757,892 | € 107,131,082 | ▼ 4% |
| Employees (FTE) | 0.6 | 0.7 | - | - |
Key figures of HYPOSTART, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to HYPOSTART?
What happened at HYPOSTART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NV PATRONALE LIFE stepped down as director. NBB
- ABC-GROUP NV stepped down as director. NBB
- Johan VANDENBERGHE stepped down as director. NBB
- Bart CORNU stepped down as director. NBB
- Laura DE GEYTER stepped down as director. NBB
- Thierry Graaf de GRUNNE de HEMRICOURT stepped down as director. NBB
- Olivier NOKERMAN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 867,961 (▲ 23% vs 2024). Source: NBB ↗
In short
From € 564,702 profit in 2022 to € 867,961 profit in 2025.
Paid € 160,371 in corporate taxes since 2022.
Best year ever: 2025, with € 867,961 profit.
Pays suppliers within 14 days on average.
Management
The shares are held by PATRONALE LIFE NV (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Filip J. MOEYKENS
Also active at: MANUGENIE, INDOMI, KREDIET VOOR SOCIALE WONINGEN, SOCODIX, GEWESTELIJKE MAATSCHAPPIJ VOOR HUISVESTINGSKREDIET - SOCIETE REGIONALE DE CREDIT AU LOGEMENT, Demer en Dijle, De Vrijdomskaai, SOGIMES +48 more
since 2025 · until 2031
Voorzitter van Raad van Bestuur
Owns 2.8% via PATRONALE LIFE NV
Also active at: MANUGENIE, INDOMI, SOCODIX, GEWESTELIJKE MAATSCHAPPIJ VOOR HUISVESTINGSKREDIET - SOCIETE REGIONALE DE CREDIT AU LOGEMENT, Demer en Dijle, De Vrijdomskaai, SOGIMES, IMMOBILIERE COGIMES +8 more
since 2025 · until 2031
Johan VANDENBERGHE
Director
since 2025 · until 2031
Bart CORNU
Director
since 2025 · until 2031
Laura DE GEYTER
Director
since 2025 · until 2031
Thierry Graaf de GRUNNE de HEMRICOURT
Vice-chairman of the board
since 2025 · until 2031
Olivier NOKERMAN
Director
since 2025 · until 2031
Shareholders
PATRONALE LIFE NV · holding of ABC-GROUP NV
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
De Lange Beemden 14 box 11
3550 Heusden-Zolder
Bischoffsheimlaan 33
1000 Brussel
Active since 18 May 2018
De Lange Beemden 14.11
3550 Heusden-Zolder
Active since 14 July 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.941.184
- VAT number
- BE 0400.941.184
- Registered office
- De Lange Beemden 14 bus 11, 3550 Heusden-Zolder
- Names & denominations
- HYPOSTART
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Financiële lease