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 4 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
KARL HUGO DEVELOPMENT from Ukkel, company number BE0478210988, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year KARL HUGO DEVELOPMENT recorded revenue of € 42,000 and equity of € 4.3 million. Compared with financial year 2024, the result moved from € 1 million to € 1.5 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 4.3 million
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▲ 50% vs 2024
Profit after tax over the fiscal year.
€ 60,606
▲ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.8 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,929
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 15 days on average.
€ 1,961
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 | € 42,000 | € 42,000 | € 42,000 | € 42,000 | |
| Profit after taxes | € 404,355 | € 408,665 | € 1,003,619 | € 1,500,593 | ▲ 50% |
| Equity | € 6,723,356 | € 5,782,021 | € 5,601,640 | € 4,332,233 | ▼ 23% |
| Total debts | € 2,519 | € 7,070 | € 270,969 | € 1,773,890 | ▲ € 1.5 million |
| Cash | € 30,994 | € 45,105 | € 30,726 | € 60,606 | ▲ 97% |
| Retained profit | € 4,223,356 | € 4,632,021 | € 4,451,640 | € 3,182,233 | ▼ 29% |
| Dividend | € 0 | € 0 | € 1,184,000 | € 2,770,000 | ▲ 134% |
| Balance sheet total | € 6,725,875 | € 5,789,091 | € 5,872,609 | € 6,106,123 | ▲ 4% |
Key figures of KARL HUGO DEVELOPMENT, 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 KARL HUGO DEVELOPMENT?
What happened at KARL HUGO DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.5 million (▲ 50% vs 2024). Source: NBB ↗
- Stephan HUGO stepped down as director. NBB
- Bernd HUGO stepped down as director. NBB
- Stephan HUGO became a director. NBB
- Bernd HUGO became a director. NBB
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 404,355 profit in 2022 to € 1.5 million profit in 2025.
Paid € 4,967 in corporate taxes since 2022.
Best year ever: 2025, with € 1.5 million profit.
Paid out € 4 million in dividends to the owners in total.
Management
It owns 100% of KARL HUGO itself.
Directors
According to the 2025 annual accounts
Stephan HUGO
Managing director
since 2023 · until 2026
since 2023 · until 2026
Establishments
Establishment units
Physical locations of this company
Kasteel de Walzinlaan 3 box 21
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →TRANSALL TRADING
€ -850 gross margin · 2024
GIL et CO INTERNATIONAL
€ -889 gross margin · 2025
MANSI
€ -115,893 gross margin · 2025
ARH INVEST
€ -176,373 gross margin · 2025
INSIEME IRREALI
+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.210.988
- VAT number
- BE 0478.210.988
- Registered office
- Kasteel de Walzinlaan 3 bus 21, 1180 Ukkel
- Names & denominations
- KARL HUGO DEVELOPMENT · K.H.D.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 August 2002
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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