24HN
ActiveSummary
24HN has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.14M and a net result of €39k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 43% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▲+1
Solvency63▼-8
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity short (current ratio 0.3 against 2.54 in 2024; short-term debt: 16.5% and cash: 1.2% of total assets), and 62.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
37.6%
Return on assets
1.3%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-04-2026, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
20 d early
2024
44 d early
2023
7 d early
2022
1 d early
2021
30 d early
2019
17 d early
2018
43 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.14M▼ 27.8%
2024 · €1.58M
2018: €1.46M
2019: €1.49M▲ +2.3% vs 2018
2021: €1.88Mhighest value
2022: €1.48M▼ -21.2% vs 2021
2023: €1.54M▲ +4.2% vs 2022
2024: €1.58M▲ +2.5% vs 2023
2025: €1.14M▼ -27.8% vs 2024lowest value
2018 → 2025
Total assets
€3.04M▼ 11.7%
2024 · €3.44M
2018: €5.93M
2019: €6.15M▲ +3.6% vs 2018highest value
2021: €5.15M
2022: €4.07M▼ -20.9% vs 2021
2023: €3.52M▼ -13.6% vs 2022
2024: €3.44M▼ -2.1% vs 2023
2025: €3.04M▼ -11.7% vs 2024lowest value
2018 → 2025
Net result
€39k▼ 10.9%
2024 · €44k
2018: €355khighest value
2019: €33k▼ -90.6% vs 2018
2021: €302k
2022: €49k▼ -83.8% vs 2021
2023: €20k▼ -58.3% vs 2022lowest value
2024: €44k▲ +114% vs 2023
2025: €39k▼ -10.9% vs 2024
2018 → 2025
Working capital
€-351k
2024 · €421k
2018: €-531k
2019: €-756k▼ -42.4% vs 2018lowest value
2021: €-100k
2022: €149k▲ +249% vs 2021
2023: €385k▲ +159% vs 2022
2024: €421k▲ +9.4% vs 2023highest value
2025: €-351k▼ -183% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.88M-€1.48M▼ 21.2%€1.54M▲ 4.2%€1.58M▲ 2.5%€1.14M▼ 27.8%
2021: €1.88Mhighest in 5 years
2022: €1.48M▼ -21.2% vs 2021
2023: €1.54M▲ +4.2% vs 2022
2024: €1.58M▲ +2.5% vs 2023
2025: €1.14M▼ -27.8% vs 2024lowest in 5 years
Operating result€1.05M-€121k▼ 88.5%€86k▼ 28.5%€95k▲ 10.3%€80k▼ 16.2%
2021: €1.05Mhighest in 5 years
2022: €121k▼ -88.5% vs 2021
2023: €86k▼ -28.5% vs 2022
2024: €95k▲ +10.3% vs 2023
2025: €80k▼ -16.2% vs 2024lowest in 5 years
Net result€302k-€49k▼ 83.8%€20k▼ 58.3%€44k▲ 114%€39k▼ 10.9%
2021: €302khighest in 5 years
2022: €49k▼ -83.8% vs 2021
2023: €20k▼ -58.3% vs 2022lowest in 5 years
2024: €44k▲ +114% vs 2023
2025: €39k▼ -10.9% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 16% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.04M
Fixed assets
€2.89M ▲ 5.2%
Current assets
€149k ▼ 78.5%
Equity and liabilities €3.04M
Equity
€1.14M ▼ 27.8%
Debt
€1.90M ▲ 2.0%
Debt's share of the balance-sheet total rises from 54.0% to 62.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€326k▲
2024 · €319k
Cash flow
€285k▲
2024 · €268k
Current ratio
0.30▼
2024 · 2.54
Debt to equity
1.66▲
2024 · 1.18
ROE
3.4%▲
2024 · 2.8%
ROA
1.3%▲
2024 · 1.3%
Interest coverage
7.20▲
2024 · 5.86
Debt ≤ 1 year
€500k▲
2024 · €273k
Debt > 1 year
€1.39M▼
2024 · €1.57M
Income taxes
€4k▼
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.44M€3.04M▼
Fixed assets21/28€2.75M€2.89M▲
Tangible fixed assets22/27€2.69M€2.83M▲
Land and buildings22€1.60M€1.81M▲
Plant, machinery and equipment23€21k€51k▲
Furniture and vehicles24€23k€16k▼
Leasing and similar rights25€1.05M€956k▼
Financial fixed assets28€60k€60k=
Current assets29/58€694k€149k▼
Amounts receivable after more than one year29€331k-
Other amounts receivable291€331k-
Amounts receivable within one year40/41€212k€100k▼
Trade receivables40€106k€70k▼
Other amounts receivable41€106k€30k▼
Cash at bank and in hand54/58€140k€37k▼
Deferred charges and accrued income490/1€11k€12k▲
Equity and liabilities
Total equity and liabilities10/49€3.44M€3.04M▼
Equity10/15€1.58M€1.14M▼
Contributions10/11€780k€500k▼
Capital10€780k€500k▼
Issued capital100€780k€500k▼
Reserves13€765k€610k▼
Non-distributable reserves130/1€37k€39k▲
Legal reserve130€37k€39k▲
Tax-exempt reserves132€188k€187k▼
Distributable reserves133€540k€384k▼
Investment grants15€37k€32k▼
Amounts payable17/49€1.86M€1.90M▲
Amounts payable after more than one year17€1.57M€1.39M▼
Financial debts170/4€1.57M€1.38M▼
Other amounts payable178/9€9k€9k=
Amounts payable within one year42/48€273k€500k▲
Current portion of amounts payable after more than one year42€189k€194k▲
Financial debts43€2k€8k▲
Credit institutions430/8€2k€8k▲
Trade debts44€47k€71k▲
Suppliers440/4€47k€71k▲
Taxes, remuneration and social security45€36k€25k▼
Taxes450/3€34k€23k▼
Remuneration and social security454/9€2k€3k▲
Other amounts payable47/48-€202k
Accrued charges and deferred income492/3€12k€10k▼
Income statement
Code20242025
Non-recurring operating income76A€24k€23k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€224k€246k▲
Other operating charges640/8€15k€16k▲
Gross operating margin9900€335k€342k▲
Operating profit (loss)9901€95k€80k▼
Financial income75/76B€13k€8k▼
Recurring financial income75€13k€8k▼
Financial charges65/66B€55k€45k▼
Recurring financial charges65€55k€45k▼
Profit (loss) for the period before taxes9903€54k€43k▼
Income taxes67/77€10k€4k▼
Profit (loss) for the period9904€44k€39k▼
Transfer from tax-exempt reserves789€22k€24k▲
Transfer to tax-exempt reserves689€22k€23k▲
Profit (loss) for the period to be appropriated9905€43k€40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€43k€40k▼
Transfer to equity691/2€43k€40k▼
To the legal reserve6920€2k€2k▼
To other reserves6921€41k€38k▼
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €148k | €53k | €24k | €23k | ▼ 6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €448k | €236k | €242k | €224k | €246k | ▲ 9.9% |
| Other operating charges640/8 | - | €13k | €14k | €15k | €16k | ▲ 2.1% |
| Gross operating margin9900 | €1.58M | €370k | €343k | €335k | €342k | ▲ 2.1% |
| Operating profit (loss)9901 | €1.05M | €121k | €86k | €95k | €80k | ▼ 16.2% |
| Financial income75/76B | - | €3k | €15k | €13k | €8k | ▼ 35.5% |
| Recurring financial income75 | €36k | €3k | €15k | €13k | €8k | ▼ 35.5% |
| Financial charges65/66B | - | €75k | €75k | €55k | €45k | ▼ 17.0% |
| Recurring financial charges65 | €160k | €75k | €75k | €55k | €45k | ▼ 17.0% |
| Profit (loss) for the period before taxes9903 | €324k | €49k | €26k | €54k | €43k | ▼ 20.0% |
| Income taxes67/77 | €22k | €315 | €6k | €10k | €4k | ▼ 59.2% |
| Profit (loss) for the period9904 | €302k | €49k | €20k | €44k | €39k | ▼ 10.9% |
| Transfer from tax-exempt reserves789 | - | €7k | €22k | €22k | €24k | ▲ 7.6% |
| Transfer to tax-exempt reserves689 | - | - | - | €22k | €23k | ▲ 0.9% |
| Profit (loss) for the period to be appropriated9905 | €86k | €56k | €42k | €43k | €40k | ▼ 7.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.15M | €4.07M | €3.52M | €3.44M | €3.04M | ▼ 11.7% |
| Fixed assets21/28 | €4.03M | €3.18M | €2.88M | €2.75M | €2.89M | ▲ 5.2% |
| Tangible fixed assets22/27 | €3.97M | €3.12M | €2.82M | €2.69M | €2.83M | ▲ 5.3% |
| Land and buildings22 | - | €1.82M | €1.64M | €1.60M | €1.81M | ▲ 13.2% |
| Plant, machinery and equipment23 | - | €27k | €24k | €21k | €51k | ▲ 150% |
| Furniture and vehicles24 | - | €11k | €10k | €23k | €16k | ▼ 31.6% |
| Leasing and similar rights25 | - | - | - | €1.05M | €956k | ▼ 8.8% |
| Other tangible fixed assets26 | - | €1.26M | €1.15M | - | - | - |
| Financial fixed assets28 | €60k | €60k | €60k | €60k | €60k | = |
| Current assets29/58 | €1.12M | €893k | €630k | €694k | €149k | ▼ 78.5% |
| Amounts receivable after more than one year29 | - | €331k | €331k | €331k | - | - |
| Other amounts receivable291 | - | €331k | €331k | €331k | - | - |
| Amounts receivable within one year40/41 | €148k | €168k | €144k | €212k | €100k | ▼ 52.7% |
| Trade receivables40 | - | €66k | €44k | €106k | €70k | ▼ 33.9% |
| Other amounts receivable41 | - | €102k | €100k | €106k | €30k | ▼ 71.5% |
| Cash at bank and in hand54/58 | €377k | €385k | €145k | €140k | €37k | ▼ 73.6% |
| Deferred charges and accrued income490/1 | - | €9k | €11k | €11k | €12k | ▲ 4.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.15M | €4.07M | €3.52M | €3.44M | €3.04M | ▼ 11.7% |
| Equity10/15 | €1.88M | €1.48M | €1.54M | €1.58M | €1.14M | ▼ 27.8% |
| Contributions10/11 | €1.08M | €780k | €780k | €780k | €500k | ▼ 35.9% |
| Capital10 | - | €780k | €780k | €780k | €500k | ▼ 35.9% |
| Issued capital100 | - | €780k | €780k | €780k | €500k | ▼ 35.9% |
| Reserves13 | €806k | €701k | €721k | €765k | €610k | ▼ 20.3% |
| Non-distributable reserves130/1 | - | €32k | €35k | €37k | €39k | ▲ 5.5% |
| Legal reserve130 | - | €32k | €35k | €37k | €39k | ▲ 5.5% |
| Tax-exempt reserves132 | - | €210k | €188k | €188k | €187k | ▼ 0.7% |
| Distributable reserves133 | - | €459k | €499k | €540k | €384k | ▼ 28.8% |
| Investment grants15 | - | - | €42k | €37k | €32k | ▼ 13.0% |
| Amounts payable17/49 | €3.27M | €2.59M | €1.97M | €1.86M | €1.90M | ▲ 2.0% |
| Amounts payable after more than one year17 | €2.04M | €1.83M | €1.73M | €1.57M | €1.39M | ▼ 12.0% |
| Financial debts170/4 | - | €1.83M | €1.72M | €1.57M | €1.38M | ▼ 12.0% |
| Other amounts payable178/9 | - | - | €9k | €9k | €9k | = |
| Amounts payable within one year42/48 | €1.21M | €745k | €245k | €273k | €500k | ▲ 83.0% |
| Current portion of amounts payable after more than one year42 | - | €152k | €156k | €189k | €194k | ▲ 2.4% |
| Financial debts43 | - | €308k | €960 | €2k | €8k | ▲ 325% |
| Credit institutions430/8 | - | €308k | €960 | €2k | €8k | ▲ 325% |
| Trade debts44 | €31k | €28k | €67k | €47k | €71k | ▲ 52.8% |
| Suppliers440/4 | - | €28k | €67k | €47k | €71k | ▲ 52.8% |
| Taxes, remuneration and social security45 | - | €14k | €21k | €36k | €25k | ▼ 29.3% |
| Taxes450/3 | - | €12k | €19k | €34k | €23k | ▼ 32.5% |
| Remuneration and social security454/9 | - | €2k | €2k | €2k | €3k | ▲ 25.0% |
| Other amounts payable47/48 | - | €242k | - | - | €202k | - |
| Accrued charges and deferred income492/3 | - | €14k | €721 | €12k | €10k | ▼ 17.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €302k | €49k | €20k | €44k | €39k | ▼ 10.9% |
| + Depreciation and write-downs630 | €448k | €236k | €242k | €224k | €246k | ▲ 9.9% |
| Operating cash flow (approximation) | €750k | €285k | €262k | €268k | €285k | ▲ 6.5% |
| Investment in fixed assets (approximation) | - | €617k | €51k | €-87k | €-388k | ▼ 346% |
| Change in cash | - | €9k | €-241k | €-4k | €-103k | ▼ 2,210% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet €20k ▼58.3%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity doublescurrent ratio 2.57
Current ratio from 1.20 to 2.57; short-term debt falls from €745k to €245k.
29-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
13 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Poperinge · 2 establishment units since 2002
Ground area
1.3 ha
Building footprint
365 m²
Volume, LiDAR
1,075 m³
2 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
24HN
since 20022.099.492.348
24HN
since 20222.331.681.347
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38023A0968/00F000 | Flanders | 7,815 m² | 1 · 183 m² | 9.8 m · 2 fl. |
| 33023A0852/00A000 | Flanders | 4,729 m² | 1 · 182 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 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
2022 · 1 entry · 48,207 EUR awarded · 48,207 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 48,207 EUR | 48,207 EUR |
Schemes
Call groene stroom (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteAlveringem2.331.681.347
Legal Entity Identifier
9676004H3RXXAGKXIN75
Similar companies · same sector, comparable size
IMFAS
BE 0553.506.348
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SITUS JUVENIS
BE 0438.455.044
Roeselare · Eq €1,138,794
EONIA
BE 0829.364.351
Brunehaut · Eq €1,131,365
GV-TRADE
BE 0760.600.556
Genk · Eq €1,130,655
IBELCA
BE 0454.413.524
Elsene · Eq €1,158,373
Of 6,155 companies in sector 46190 we hold annual accounts for 2,571. 1,124 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded14-01-2000
Fiscal year end30-09
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
62900Other information technology and computer services
Scores and ratios are computed by Checked and are not a credit decision.