Skip to content

112 Hageland

Active
Non-profit associationfounded 199729 yrs activeSteenvoordelaan 56, 9050 Gent, BelgiumKBO/BCE: BE 0461.403.858

112 Hageland has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €548k and a net result of €10k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 69% of 631 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
88 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▲+49
Solvency97▲+12
Growth35=
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.48 against 2.43 in 2024; short-term debt: 27.8% and cash: 80.7% of total assets), and 28.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 29 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
71.5%
Return on assets
1.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
4 d early
2024
31 d early
2023
30 d late
2022
28 d late
2021
34 d early
2020
18 d early
2019
123 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
€0▼ 100%
2020 · €273k
2019: €665k 2020: €273k
2019 → 2021
EBIT margin
-6.0%▲ 55.7pp
2019 · -61.7%
2019: -61.7%
2019 → 2020
Net result
€10k
2024 · €-56k
2019: €142k 2020: €-21k 2021: €198k 2022: €87k 2023: €5k 2024: €-56k
2019 → 2025
Working capital
€528k▲ 1.8%
2024 · €519k
2019: €1.02M 2020: €1.07M 2021: €899k 2022: €763k 2023: €568k 2024: €519k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€0-
Equity€501k-€588k▲ 17.4%€593k▲ 0.9%€538k▼ 9.4%€548k▲ 1.9%
Operating result€190k-€74k▼ 61.1%€-8k€-65k▼ 679%€-3k▲ 95.3%
Net result€198k-€87k▼ 56.1%€5k▼ 93.9%€-56k€10k
Result per fiscal year
Operating resultNet result
€-100k€0€100k€200kOperating result 2021: €190k€190kNet result 2021: €198k€198kOperating result 2022: €74k€74kNet result 2022: €87k€87kOperating result 2023: €-8k€-8kNet result 2023: €5k€5kOperating result 2024: €-65k€-65kNet result 2024: €-56k€-56kOperating result 2025: €-3k€-3kNet result 2025: €10k€10k20212022202320242025
The operating result stays negative: a loss of €3k in 2025 against €65k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €766k
Fixed assets €25k▲ 30.8%
Current assets €741k▼ 16.0%
Equity and liabilities €766k
Equity €548k▲ 1.9%
Debt €218k▼ 40.0%
The debt ratio falls from 40.3% to 28.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4k
2024 · €-58k
Cash flow
€17k
2024 · €-49k
Solvency
71.5%
2024 · 59.7%
Current ratio
3.48
2024 · 2.43
Quick ratio
3.48
2024 · 2.43
Debt / equity
0.40
2024 · 0.68
ROE
1.9%
2024 · -10.3%
ROA
1.3%
2024 · -6.2%
Interest coverage
4.73
2024 · -30.99
Debt
€218k
2024 · €364k
Debt ≤ 1 year
€213k
2024 · €364k
Income taxes
€86
Staff costs
€821k
2024 · €940k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€902k€766k
Fixed assets21/28€19k€25k
Tangible fixed assets22/27€19k€25k
Plant, machinery and equipment23€19k€25k
Financial fixed assets28€75€75=
Current assets29/58€882k€741k
Amounts receivable within one year40/41€220k€119k
Trade receivables40€220k€119k
Other amounts receivable41€0-
Cash at bank and in hand54/58€659k€619k
Deferred charges and accrued income490/1€3k€3k
Equity and liabilities
Total equity and liabilities10/49€902k€766k
Equity10/15€538k€548k
Profit (loss) carried forward14€538k€548k
Amounts payable17/49€364k€218k
Amounts payable within one year42/48€364k€213k
Trade debts44€306k€157k
Suppliers440/4€306k€157k
Taxes, remuneration and social security45€58k€53k
Taxes450/3€1k€0
Remuneration and social security454/9€57k€53k
Accrued charges and deferred income492/3-€5k
Income statement Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€940k€821k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k
Other operating charges640/8€17k€47k
Gross operating margin9900€899k€872k
Operating profit (loss)9901€-65k€-3k
Financial income75/76B€11k€14k
Recurring financial income75€11k€14k
Financial charges65/66B€2k€785
Recurring financial charges65€2k€785
Profit (loss) for the period before taxes9903€-56k€10k
Income taxes67/77-€86
Profit (loss) for the period9904€-56k€10k
Profit (loss) for the period to be appropriated9905€-56k€10k
Appropriation of the result
Profit (loss) to be appropriated9906€538k€548k
Profit (loss) brought forward from the previous period14P€593k€538k
Social balance
Average headcount (FTE)908719.515.5

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
26-03
State Gazette act Resignations & appointments
General meeting · Statutes amendment · Director appointment6 facts ▸
  • General meeting, 01/02/2026
  • Statutes amendment
  • Director appointment, Preben Pyl (niet-statutaire bestuurder)
  • Mandate compensation, Preben Pyl
  • Director appointment, BV ELLOMAR (gedelegeerd bestuurder)
  • Permanent representative, Celine VandeVyver
2025
31-12
Financial Back to profitnet €10k
Net result €10k after one loss-making year.
30-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet €-56k ▼1139%
Net result drops to €-56k, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
27-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €198k
Net result €198k after one loss-making year.
31-12
Financial Equity above €500kEq €501k ▲65.6%
Equity rises from €302k to €501k.
13-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
01-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 123 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
10 directors, no change since 2026
BV ELLOMAR
Managing director · since 01-02-2026 · Legal entity · perm. rep.: Celine VandeVyver
Current
Preben Pyl
Non-statutory director · since 01-02-2026
Current
01-02-2026 BV ELLOMAR: Appointed as Managing director
01-02-2026 Preben Pyl: Appointed as Non-statutory director
01-10-2025 ANNICK HUYLEBROECK: Resigned as Director
01-10-2025 CELINE VANDEVYVER: Resigned as Director
01-10-2025 PHILIP VANDEVYVER: Resigned as Director
30-06-2018 Melissa BRAIBANT: Resigned as Director
09-10-2017 Simoens Wim: Resigned as Director
08-11-2016 Johan Martens: Resigned as Director
08-11-2016 Martens Els: Resigned as Director
08-11-2016 Mievis Annick: Resigned as Director
Location & real-estate footprint
Registered office, Gent · 4 establishment units since 2007
establishment approximate All 4 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Steenvoordelaan 569050 Gent
Ground area
6,702 m²
Building footprint
1,770 m²
Volume, LiDAR
10,565 m³
4 parcels, Flanders · tallest building 14.7 m, ±2 floors. Linked by address, not a title deed.
4 establishment units
Ziekenwagen Aarschot vzw
Steenvoordelaan 56, 9050 GentNACE 85142
since 20072.160.090.525
Aarschot
Boudewijnlaan 4, 3200 AarschotHuman health activities
since 20212.321.308.384
Heverlee 2
Korbeek-Losestraat 117, 3001 LeuvenHuman health activities
since 20212.321.308.483
Tielt-Winge
Glabbeeksesteenweg 25, 3391 Tielt-WingeHuman health activities
since 20212.321.308.582
4 parcels
Flanders 4 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24662F0080/00X000 Flanders 3,319 m² 1 · 1,126 m² 14.7 m · 2 fl.
24067A0060/00T000 Flanders 2,310 m² 1 · 140 m² 6.1 m · 1 fl.
44362B0226/00P013 Flanders 743 m² 1 · 419 m² 12.9 m · 2 fl.
24433E0096/00A009 Flanders 330 m² 1 · 85 m² 11.3 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 to 2024 · 2 entries · 3,494 EUR awarded · 3,494 EUR paid
Year Entries awardedpaid
2024 1 2,663 EUR2,663 EUR
2023 1 831 EUR831 EUR
Schemes
Vlaams opleidingsverlof (VOV)
2 entries · 3,494 EUR · 3,494 EUR paid · Departement Werk en Sociale Economie

Federal government

2023 to 2025 · 3 entries · 3,423,951 EUR in total
Year Department Transactions Amount
2025 FOD Volksgezondheid 1 1,362,840 EUR
2024 FOD Volksgezondheid 1 1,063,136 EUR
2023 FOD Volksgezondheid 1 997,975 EUR
Budget allocations
Toelagen dringende geneeskundige hulpverlening
2 entries · 2,061,111 EUR
Subsidie ziekenwagendiensten
1 entry · 1,362,840 EUR

Similar companies · same sector, comparable size

Of 261 companies in sector 86920 we hold annual accounts for 130. 93 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formNon-profit association
Founded26-04-1997
Fiscal year end31-12
Activities, NACEBEL
86903Human health activities
86920Human health activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.