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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HUKAPADE CORPORATION from Welkenraedt, company number BE0771832562, closed financial year 2025 with a result of € -12,006 after tax. For that financial year HUKAPADE CORPORATION recorded a gross margin of € 6,541 and equity of € -54,281. Compared with financial year 2024, the result moved from € -13,184 to € -12,006. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -54,281
▼ € 12,006 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,006
▲ 9 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,419
▲ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -69,281.
People and assets in 2025
€ 1,865
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 218,995
▼ 8% vs 2024
€ 24,004 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 190
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4
▼ 56% 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 | |
|---|---|---|---|---|---|
| Gross margin | € -3,548 | € -3,361 | € 5,702 | € 6,541 | ▲ 15% |
| Profit after taxes | € -22,128 | € -21,963 | € -13,184 | € -12,006 | ▲ € 1,178 |
| Equity | € -7,128 | € -29,091 | € -42,275 | € -54,281 | ▼ € 12,006 |
| Total debts | € 243,317 | € 290,076 | € 293,543 | € 289,461 | ▼ 1% |
| Cash | € 5,426 | € 2,507 | € 1,804 | € 3,419 | ▲ 90% |
| Land & buildings | € 185,028 | € 207,495 | € 201,301 | € 195,108 | ▼ 3% |
| Retained profit | € -22,128 | € -44,091 | € -57,275 | € -69,281 | ▼ € 12,006 |
| Bank debt | € 210,670 | € 254,884 | € 237,087 | € 218,995 | ▼ 8% |
| Balance sheet total | € 236,189 | € 260,985 | € 251,268 | € 235,181 | ▼ 6% |
Key figures of HUKAPADE CORPORATION, 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 HUKAPADE CORPORATION?
What happened at HUKAPADE CORPORATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,006. filed late Source: NBB ↗
- New establishment in Welkenraedt. KBO
- Renaud KALBUSCH became a director. NBB
- Caroline DEROME became a director. NBB
- Julie HUYNEN became a director. NBB
- Frédéric PALOTAI became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 22,128 loss in 2022 to € 12,006 loss in 2025.
Management
Behind HUKAPADE CORPORATION are Renaud KALBUSCH, Caroline DEROME, Julie HUYNEN and Frédéric PALOTAI. Renaud KALBUSCH is also behind FAGNES ET PLATEAU. Julie HUYNEN is also behind LEXIMO, elegis Verviers and JULIE HUYNEN.
Directors
According to the 2025 annual accounts
since 2021
Caroline DEROME
Director
since 2021
since 2021
Frédéric PALOTAI
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Rue Mitoyenne 131
4840 Welkenraedt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0771.832.562
- VAT number
- BE 0771.832.562
- Registered office
- Rue Mitoyenne 131, 4840 Welkenraedt
- Names & denominations
- HUKAPADE CORPORATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 July 2021
- Peppol
- Active · Active since 14 Jan 2026
- Contact
- [email protected] 0494/87.03.37
- Activities · NACE
Overige recreatie- en ontspanningsactiviteiten, neg
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen