ACTIVE

HUGSOF

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Financial year 2025 · closed on 31/12/2025

Net result

4,0 k €

-98.4% YoY

Gross margin

143,4 k €

-69.4% YoY

Equity

2,4 M €

+0.2% YoY

What does HUGSOF do?

HUGSOF is a Public limited company incorporated in 1987. Its registered office is in Kortrijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0433.739.656

Incorporation

01/10/1987

Legal form

Public limited company

Registered office

Rijselsestraat(Kor) 34 box 34-52
8500 Kortrijk · FlandreSee on map

Contributed capital

870 153,37 €

Latest accounts

31/12/2025

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	143,4 k €	-69.4%	469,2 k €	-15.6%	555,9 k €	+361%	120,7 k €	+14.3%	105,6 k €	+13.0%	93,4 k €	-60.9%	238,9 k €	-59.4%	588,9 k €	+1864%	30,0 k €	-92.3%	387,6 k €	+41.4%	274,0 k €	+60.9%	170,3 k €	+136%	72,2 k €	-67.0%	218,9 k €	+137%	92,2 k €	-5.8%	97,8 k €	+1.3%	96,6 k €	+0.2%	96,4 k €	+8.1%	89,2 k €	-36.7%	140,8 k €
EBITDA	125,1 k €	-72.3%	452,4 k €	-15.9%	537,8 k €	+415%	104,4 k €	+26.0%	82,9 k €	+4.6%	79,2 k €	-64.7%	224,4 k €	-60.9%	574,6 k €	+3432%	16,3 k €	-95.6%	373,7 k €	+44.3%	259,0 k €	+68.0%	154,2 k €	+168%	57,5 k €	-71.8%	203,7 k €	+162%	77,8 k €	-7.6%	84,2 k €	+2.0%	82,5 k €	+1.8%	81,1 k €	+10.0%	73,7 k €	-42.6%	128,4 k €
Operating result	3,3 k €	-99.1%	374,8 k €	-16.7%	450,1 k €	+1497%	28,2 k €	+15049%	-188,5 €	+99.6%	-50,4 k €	-130%	166,9 k €	-61.9%	438,0 k €	+1041%	-46,5 k €	-115%	304,9 k €	+86.1%	163,8 k €	+71.0%	95,8 k €	+527%	-22,4 k €	-115%	153,6 k €	+465%	27,2 k €	-23.2%	35,4 k €	+17.1%	30,2 k €	+4.1%	29,0 k €	+51.7%	19,1 k €	-65.7%	55,8 k €
Net result	4,0 k €	-98.4%	249,7 k €	-23.5%	326,6 k €	+1231%	24,5 k €	+130%	10,7 k €	+127%	-38,9 k €	-122%	177,1 k €	-40.2%	296,3 k €	+846%	-39,7 k €	-121%	190,2 k €	+59.5%	119,2 k €	+67.1%	71,3 k €	+808%	-10,1 k €	-109%	118,1 k €	+316%	28,4 k €	-24.5%	37,6 k €	+9.5%	34,3 k €	-1.7%	34,9 k €	+8.5%	32,2 k €	-29.8%	45,8 k €
Balance sheet
Equity	2,4 M €	+0.2%	2,4 M €	+10.5%	2,2 M €	+16.9%	1,9 M €	+1.3%	1,9 M €	+0.6%	1,8 M €	-2.1%	1,9 M €	+10.4%	1,7 M €	+21.0%	1,4 M €	-2.7%	1,4 M €	+15.1%	1,3 M €	+10.5%	1,1 M €	+6.7%	1,1 M €	-2.2%	1,1 M €	+12.1%	974,8 k €	+3.0%	946,4 k €	+4.1%	908,8 k €	+3.9%	874,5 k €	-16.4%	1,0 M €	+3.2%	1,0 M €
Total assets	3,0 M €	-0.3%	3,0 M €	+12.8%	2,7 M €	+18.9%	2,3 M €	+1.3%	2,2 M €	-0.0%	2,2 M €	-1.9%	2,3 M €	+8.3%	2,1 M €	+25.8%	1,7 M €	-2.2%	1,7 M €	+22.5%	1,4 M €	+12.8%	1,2 M €	+7.3%	1,2 M €	-1.2%	1,2 M €	+14.7%	1,0 M €	+3.4%	987,2 k €	+3.5%	953,4 k €	+3.2%	923,6 k €	-16.2%	1,1 M €	+2.5%	1,1 M €
Cash	278,8 k €	-56.4%	639,8 k €	+1162%	50,7 k €	+67.1%	30,3 k €	+132%	13,1 k €	-93.5%	201,7 k €	+1250%	14,9 k €	-42.5%	26,0 k €	+736%	3,1 k €	-74.9%	12,4 k €	-63.0%	33,5 k €	-33.9%	50,7 k €	-60.5%	128,2 k €	+791%	14,4 k €	-42.9%	25,2 k €	+83.0%	13,8 k €	+6.3%	13,0 k €	+165%	4,9 k €	-38.6%	8,0 k €	+159%	3,1 k €
Debts	66,4 k €	+19.1%	55,8 k €	-10.7%	62,5 k €	+20.7%	51,7 k €	+59.5%	32,4 k €	+5.8%	30,7 k €	+32.2%	23,2 k €	+58.4%	14,6 k €	-24.0%	19,3 k €	+78.3%	10,8 k €	+23998%	44,9 €	-99.2%	5,5 k €	-61.6%	14,4 k €	+104%	7,1 k €	-30.1%	10,1 k €	+197%	3,4 k €	-32.4%	5,0 k €	-29.9%	7,2 k €	-34.9%	11,1 k €	-21.7%	14,1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 11 ended

Active mandates

Agnes De Meirsman

Director

Active

Ended mandates

Agnes De Meirsman

Managing director · since 18 décembre 2023

Ended

Agnes De Meirsman

Managing director · since 24 juin 2020 · until 13 juin 2026

Ended

Aurélie Werbrouck

Director · since 24 juin 2020 · until 13 juin 2026

Ended

Anne-Sophie Bosteels

Director · since 14 juin 2020 · until 13 juin 2026

Ended

At this address

Other companies at this address

Company	CBE no.
Anhubo● Active	0754.738.390
ROCLA● Active	0448.007.366
Vereniging van mede-eigenaars, Stad Kortrijk, Rijselsestraat 34 "Residentie Mayfair"● Active	0887.814.373

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/06/2026	29/08/2025	24/09/2024	17/08/2023	31/08/2022	24/08/2021
General meeting	13/06/2026	14/06/2025	08/06/2024	10/06/2023	11/06/2022	12/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	13/06/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	14/06/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	08/06/2024	24/09/2024	Dutch	PDF
Abridged model	31/12/2022	10/06/2023	17/08/2023	Dutch	PDF
Abridged model	31/12/2021	11/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	12/06/2021	24/08/2021	Dutch	PDF
Abridged model	31/12/2019	24/06/2020	24/09/2020	Dutch	PDF
Abridged model	31/12/2018	08/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	10/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	11/06/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	13/06/2015	30/08/2015	Dutch	PDF
Abridged model	31/12/2013	14/06/2014	31/08/2014	Dutch	PDF
Abridged model	31/12/2012	08/06/2013	26/08/2013	Dutch	PDF
Abridged model	31/12/2011	09/06/2012	08/08/2012	Dutch	PDF
Abridged model	31/12/2010	11/06/2011	26/08/2011	Dutch	PDF
Abridged model	31/12/2009	12/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	13/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	14/06/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	08/06/2007	22/10/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 11 ended

Active mandates

Agnes De Meirsman

Director

Active

Ended mandates

Agnes De Meirsman

Managing director · since 18 décembre 2023

Ended

Agnes De Meirsman

Managing director · since 24 juin 2020 · until 13 juin 2026

Ended

Aurélie Werbrouck

Director · since 24 juin 2020 · until 13 juin 2026

Ended

Anne-Sophie Bosteels

Director · since 14 juin 2020 · until 13 juin 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/01/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/02/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares26/06/2008
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Registered office07/04/2004
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/11/2003
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20254,0 k €↓
2024
Annual accounts 2024249,7 k €↓
2023
Annual accounts 2023326,6 k €↑
2022
Annual accounts 202224,5 k €↑
2021
Annual accounts 202110,7 k €↑
2020
Annual accounts 2020-38,9 k €↓
2019
Annual accounts 2019177,1 k €↓
2018
Annual accounts 2018296,3 k €↑
2017
Annual accounts 2017-39,7 k €↓
2016
Annual accounts 2016190,2 k €↑
2015
Annual accounts 2015119,2 k €↑
2014
Annual accounts 201471,3 k €↑
2013
Annual accounts 2013-10,1 k €↓
2012
Annual accounts 2012118,1 k €↑
2011
Annual accounts 201128,4 k €↓
2010
Annual accounts 201037,6 k €↑
2009
Annual accounts 200934,3 k €↓
2008
Annual accounts 200834,9 k €↑
2007
Annual accounts 200732,2 k €↓
2006
Annual accounts 200645,8 k €
01/10/1987
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

HUGSOF

Overview

What does HUGSOF do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline