What does HUBISCO do?

HUBISCO is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 28 June 1993, 3 establishments.

What is the address of HUBISCO?

The registered office of HUBISCO is located at Gravestraat 5, 8647 Lo-Reninge.

Is HUBISCO still active?

Yes. According to the CBE (29 October 2026) HUBISCO is active, legal situation “Normale toestand”, started on 28 June 1993.

Is HUBISCO registered on Peppol?

Yes, HUBISCO is registered on the Peppol network with ID 0208:0450414550.

What is the enterprise number of HUBISCO?

The enterprise number of HUBISCO is BE0450414550.

When was HUBISCO founded?

HUBISCO was founded on 28 June 1993.

Who are the directors of HUBISCO?

According to the 2025 annual accounts, the directors of HUBISCO are: VDM Finance BV, Retail Consulting & Services BV, Eigen Kweek BV, GT & Co BV, Remain BV, INOY BV.

Is HUBISCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 June 1993; 5 annual accounts filed, latest fiscal year 2025; 6 directors known from the annual account; 3 establishments in the CBE.

How much profit did HUBISCO make in 2025?

HUBISCO posted a profit after taxes of € 392,748 in financial year 2025.

What is the revenue of HUBISCO?

In its most recent annual accounts (2025), HUBISCO reported revenue of € 4,669,053.

How much does an employee at HUBISCO earn?

The average wage cost per full-time employee at HUBISCO was € 101,200 in 2025: staff costs of € 3.3 million for 32.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does HUBISCO have?

According to the 2025 annual accounts, HUBISCO has 32.7 full-time equivalents (FTE).

HUBISCO (Public Limited) - Lo-Reninge - BE0450414550

Dossier HUBISCO, printed on 29 October 2026 from databakkes.be/en/0450414550/hubisco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

HUBISCO from Lo-Reninge, company number BE0450414550, closed financial year 2025 with a result of € 392,748 after tax. For that financial year HUBISCO recorded revenue of € 4.7 million and equity of € 39.1 million. Compared with financial year 2024, the result moved from € 1.8 million to € 392,748. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.

What it is worth Growing

€ 39.1 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 392,748

▼ 78% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.4 million

▼ 40% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 350,000 paid out

89 % of the profit went to the shareholders, mostly to GT & Co (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

32.7

▲ 22.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 3.3 million

▲ 294% vs 2024

€ 101,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 332,444

▲ 11% vs 2024

Of which on lease € 322,505.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 4.8 million

▼ 34% vs 2024

€ 1.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 1.9 million

▲ € 1.7 million vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 176 days on average.

Taxes and wages

€ 492,395

▲ € 369,593 vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 2,520,931 Revenue 2022: € 2,520,931 First fiscal year in the series	€ 2,755,557 Revenue 2023: € 2,755,557 ▲ 9% vs 2022 (€ 2,520,931) Favourable step	€ 3,156,412 Revenue 2024: € 3,156,412 ▲ 15% vs 2023 (€ 2,755,557) Favourable step	€ 4,669,053 Revenue 2025: € 4,669,053 ▲ 48% vs 2024 (€ 3,156,412) Favourable step	▲ 48%
Profit after taxes	€ -617,879 Profit after taxes 2022: € -617,879 First fiscal year in the series	€ -547,974 Profit after taxes 2023: € -547,974 ▲ € 69,905 vs 2022 (€ -617,879) Favourable step	€ 1,812,429 Profit after taxes 2024: € 1,812,429 ▲ € 2.4 million vs 2023 (€ -547,974) Favourable step	€ 392,748 Profit after taxes 2025: € 392,748 ▼ 78% vs 2024 (€ 1,812,429) Unfavourable step	▼ 78%
Equity	€ 19,672,518 Equity 2022: € 19,672,518 First fiscal year in the series	€ 19,124,544 Equity 2023: € 19,124,544 ▼ 3% vs 2022 (€ 19,672,518) Unfavourable step	€ 39,056,973 Equity 2024: € 39,056,973 ▲ 104% vs 2023 (€ 19,124,544) Favourable step	€ 39,099,721 Equity 2025: € 39,099,721 Unchanged (€ 39,056,973) Favourable step
Total debts	€ 25,972,470 Total debts 2022: € 25,972,470 First fiscal year in the series	€ 30,222,187 Total debts 2023: € 30,222,187 ▲ 16% vs 2022 (€ 25,972,470) Unfavourable step	€ 14,707,868 Total debts 2024: € 14,707,868 ▼ 51% vs 2023 (€ 30,222,187) Favourable step	€ 17,480,461 Total debts 2025: € 17,480,461 ▲ 19% vs 2024 (€ 14,707,868) Unfavourable step	▲ 19%
Cash	€ 1,039,364 Cash 2022: € 1,039,364 First fiscal year in the series	€ 2,273,691 Cash 2023: € 2,273,691 ▲ 119% vs 2022 (€ 1,039,364) Favourable step	€ 2,329,173 Cash 2024: € 2,329,173 ▲ 2% vs 2023 (€ 2,273,691) Favourable step	€ 1,409,125 Cash 2025: € 1,409,125 ▼ 40% vs 2024 (€ 2,329,173) Unfavourable step	▼ 40%
Land & buildings	€ 3,144,476 Land & buildings 2022: € 3,144,476 First fiscal year in the series	€ 3,077,807 Land & buildings 2023: € 3,077,807 ▼ 2% vs 2022 (€ 3,144,476) Unchanged	€ 3,070,673 Land & buildings 2024: € 3,070,673 Unchanged (€ 3,077,807) Unchanged	€ 3,133,990 Land & buildings 2025: € 3,133,990 ▲ 2% vs 2024 (€ 3,070,673) Unchanged	▲ 2%
Retained profit	€ 4,571,234 Retained profit 2022: € 4,571,234 First fiscal year in the series	€ 4,038,575 Retained profit 2023: € 4,038,575 ▼ 12% vs 2022 (€ 4,571,234) Unfavourable step	€ 5,651,004 Retained profit 2024: € 5,651,004 ▲ 40% vs 2023 (€ 4,038,575) Favourable step	€ 5,693,752 Retained profit 2025: € 5,693,752 ▲ 1% vs 2024 (€ 5,651,004) Favourable step	▲ 1%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 200,000 Dividend 2024: € 200,000 Unchanged (€ 0) Unchanged	€ 350,000 Dividend 2025: € 350,000 ▲ 75% vs 2024 (€ 200,000) Unchanged	▲ 75%
Bank debt	€ 17,218,767 Bank debt 2022: € 17,218,767 First fiscal year in the series	€ 19,196,019 Bank debt 2023: € 19,196,019 ▲ 11% vs 2022 (€ 17,218,767) Unfavourable step	€ 7,182,198 Bank debt 2024: € 7,182,198 ▼ 63% vs 2023 (€ 19,196,019) Favourable step	€ 4,759,500 Bank debt 2025: € 4,759,500 ▼ 34% vs 2024 (€ 7,182,198) Favourable step	▼ 34%
Balance sheet total	€ 45,649,527 Balance sheet total 2022: € 45,649,527 First fiscal year in the series	€ 49,346,731 Balance sheet total 2023: € 49,346,731 ▲ 8% vs 2022 (€ 45,649,527) Unchanged	€ 53,764,840 Balance sheet total 2024: € 53,764,840 ▲ 9% vs 2023 (€ 49,346,731) Unchanged	€ 56,917,029 Balance sheet total 2025: € 56,917,029 ▲ 6% vs 2024 (€ 53,764,840) Unchanged	▲ 6%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	11.3 Employees (FTE) 2023: 11.3 ▲ 10.3 vs 2022 (1) Unchanged	10.5 Employees (FTE) 2024: 10.5 ▼ 0.8 vs 2023 (11.3) Unchanged	32.7 Employees (FTE) 2025: 32.7 ▲ 22.2 vs 2024 (10.5) Unchanged	▲ 22.2

Key figures of HUBISCO, 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 HUBISCO?

What happened at HUBISCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 26, 2026 New annual accounts for financial year 2025: profit of € 392,748 (▼ 78% vs 2024). Source: NBB ↗
2025 Retail Consulting & Services BV became a director. NBB
2025 INOY BV stepped down as director. NBB
2022 VDM Finance BV became a director. NBB
2022 Eigen Kweek BV became a director. NBB
2022 GT & Co BV became a director. NBB
2022 Remain BV became a director. NBB
2022 INOY BV became a director. NBB

In short

From € 617,879 loss in 2022 to € 392,748 profit in 2025.

Paid € 45,863 in corporate taxes since 2022.

Best year ever: 2024, with € 1.8 million profit.

Paid out € 550,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

GT & Co 100%

The stake of GT & Co comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

HUBISCO

Memoires 100%

Biscuiterie Jules Destrooper 100%

Yperlee Trans 100%

Destrooper-Olivier 80%

Behind HUBISCO are VDM Finance BV, Retail Consulting & Services BV, Eigen Kweek BV, GT & Co BV and Remain BV. The shares are held by GT & Co (100%). It owns 100% of Memoires, 100% of Biscuiterie Jules Destrooper, 100% of Yperlee Trans and 80% of Destrooper-Olivier itself.