Big Hammer
ActiveSummary
Big Hammer has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€436) and a net result of -€6,714. Equity is shrinking by ~34.6% per year across the filed fiscal years. Its solvency ranks better than 19% of 19372 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability15▲+15
Solvency25▼-75
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.2 against 4.24 in 2023; short-term debt: 7% and cash: 21.8% of total assets), but equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-0.2%
Return on assets
-2.9%
Age of the figures
21 mo
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€436
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
21 d late
2023
29 d late
2022
30 d late
2021
30 d late
2020
18 d late
2019
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 17 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€436
2023 · €6,278
Total assets
€229,380▲ 2,691%
2023 · €8,217
Net result
-€6,714▼ 188%
2023 · -€2,334
Working capital
€35,303▲ 462%
2023 · €6,278
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€344,744▲ 13,303%€5,109▼ 98.5%-€2,624-€2,394▲ 8.8%-€6,692▼ 180%
Net result€259,082above the sector's middle half▲ 41,478%€3,711within the sector's middle half▼ 98.6%-€2,658within the sector's middle half-€2,334within the sector's middle half▲ 12.2%-€6,714within the sector's middle half▼ 188%
Equity€282,560within the sector's middle half▲ 1,104%€11,270below the sector's middle half▼ 96.0%€8,612below the sector's middle half▼ 23.6%€6,278below the sector's middle half▼ 27.1%-€436below the sector's middle half
Total assets€296,474below the sector's middle half▲ 172%€17,152below the sector's middle half▼ 94.2%€11,787below the sector's middle half▼ 31.3%€8,217below the sector's middle half▼ 30.3%€229,380within the sector's middle half▲ 2,691%
Debt€13,915▼ 83.7%€5,882▼ 57.7%€3,175▼ 46.0%€1,940▼ 38.9%€229,816▲ 11,749%
Working capital€282,779within the sector's middle half▲ 1,530%€11,270within the sector's middle half▼ 96.0%€8,612within the sector's middle half▼ 23.6%€6,278within the sector's middle half▼ 27.1%€35,303within the sector's middle half▲ 462%
Solvency95.3%above the sector's middle half▲ 73.8pp65.7%above the sector's middle half▼ 29.6pp73.1%above the sector's middle half▲ 7.4pp76.4%above the sector's middle half▲ 3.3pp-0.2%below the sector's middle half▼ 76.6pp
Current ratio22.90above the sector's middle half▲ 21.662.92above the sector's middle half▼ 19.983.71above the sector's middle half▲ 0.804.24above the sector's middle half▲ 0.523.20above the sector's middle half▼ 1.04
Return on assets (ROA)87.4%above the sector's middle half▲ 86.8pp21.6%above the sector's middle half▼ 65.8pp-22.6%below the sector's middle half▼ 44.2pp-28.4%below the sector's middle half▼ 5.9pp-2.9%below the sector's middle half▲ 25.5pp
Staff (FTE)0.8below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2021 Net result -99% on 2020. The accounts now follow the micro schema, last year the abbreviated schema.
- 2020 Net result +41,478% on 2019. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6,692 in 2024 against €2,394 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
Assets €229,380
Fixed assets
€178,005
Current assets
€51,375
Equity and liabilities
Equity-€436
Debt€229,816
Equity is negative: debt (€229,816) exceeds the balance-sheet total (€229,380).
Key figures and ratios
EBITDA
-€5,812
Cash flow
-€5,834
Interest coverage
-239.68
Debt ≤ 1 year
€16,073▲
2023 · €1,940
Debt > 1 year
€213,744
Equity ratios withheld: equity of -€436 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,332 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a small loss
2.8%
went bankrupt
5.8%
stopped otherwise
91%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,332 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €362 | - | - | - | €880 | - |
| Other operating charges640/8 | - | €1,556 | €348 | €675 | €387 | ▼ 42.6% |
| Gross operating margin9900 | €366,270 | €6,664 | -€2,276 | -€1,719 | -€5,425 | ▼ 216% |
| Operating profit (loss)9901 | €344,744 | €5,109 | -€2,624 | -€2,394 | -€6,692 | ▼ 180% |
| Financial income75/76B | - | - | €13 | €108 | €2 | ▼ 97.7% |
| Recurring financial income75 | €1,565 | - | €13 | €108 | €2 | ▼ 97.7% |
| Financial charges65/66B | - | €49 | €48 | €48 | €24 | ▼ 49.5% |
| Recurring financial charges65 | €2,200 | €49 | €48 | €48 | €24 | ▼ 49.5% |
| Profit (loss) for the period before taxes9903 | €344,108 | €5,060 | -€2,658 | -€2,334 | -€6,714 | ▼ 188% |
| Income taxes67/77 | €85,026 | €1,349 | - | - | - | - |
| Profit (loss) for the period9904 | €259,082 | €3,711 | -€2,658 | -€2,334 | -€6,714 | ▼ 188% |
| Profit (loss) for the period to be appropriated9905 | €259,082 | €3,711 | -€2,658 | -€2,334 | -€6,714 | ▼ 188% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €296,474 | €17,152 | €11,787 | €8,217 | €229,380 | ▲ 2,691% |
| Fixed assets21/28 | €781 | - | - | - | €178,005 | - |
| Tangible fixed assets22/27 | €723 | - | - | - | €178,005 | - |
| Furniture and vehicles24 | - | - | - | - | €178,005 | - |
| Financial fixed assets28 | €58 | - | - | - | - | - |
| Current assets29/58 | €295,694 | €17,152 | €11,787 | €8,217 | €51,375 | ▲ 525% |
| Amounts receivable within one year40/41 | €277,574 | €591 | €216 | - | €1,357 | - |
| Trade receivables40 | - | - | - | - | €1,357 | - |
| Other amounts receivable41 | - | €591 | €216 | - | - | - |
| Cash at bank and in hand54/58 | €18,120 | €16,561 | €11,571 | €8,217 | €50,018 | ▲ 509% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €296,474 | €17,152 | €11,787 | €8,217 | €229,380 | ▲ 2,691% |
| Equity10/15 | €282,560 | €11,270 | €8,612 | €6,278 | -€436 | ▼ 107% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €276,360 | €5,070 | €2,412 | €78 | €78 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €78 | €78 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €78 | €78 | = |
| Distributable reserves133 | - | €3,210 | €552 | - | - | - |
| Profit (loss) carried forward14 | - | - | - | - | -€6,714 | - |
| Amounts payable17/49 | €13,915 | €5,882 | €3,175 | €1,940 | €229,816 | ▲ 11,749% |
| Amounts payable after more than one year17 | €1,000 | - | - | - | €213,744 | - |
| Financial debts170/4 | - | - | - | - | €43,403 | - |
| Other amounts payable178/9 | - | - | - | - | €170,341 | - |
| Amounts payable within one year42/48 | €12,915 | €5,882 | €3,175 | €1,940 | €16,073 | ▲ 729% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €15,141 | - |
| Trade debts44 | €2,903 | €373 | - | €115 | €932 | ▲ 710% |
| Suppliers440/4 | - | €373 | - | €115 | €932 | ▲ 710% |
| Taxes, remuneration and social security45 | - | €3,775 | €1,350 | - | - | - |
| Taxes450/3 | - | €3,775 | €1,350 | - | - | - |
| Other amounts payable47/48 | - | €1,733 | €1,825 | €1,825 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €259,082 | €3,711 | -€2,658 | -€2,334 | -€6,714 | ▼ 188% |
| + Depreciation and write-downs630 | €362 | - | - | - | €880 | - |
| Operating cash flow (approximation) | €259,444 | €3,711 | -€2,658 | -€2,334 | -€5,834 | ▼ 150% |
| Change in cash | - | -€1,559 | -€4,990 | -€3,354 | €41,800 | ▲ 1,346% |
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
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Weakest financial yearnet -€6,714
Net result drops to -€6,714, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2020
31-12
Financial
Highest result since 2018net €259,082 ▲41,478%
Operating result €344,744, net result €259,082, both a record.
31-12
Financial
Liquidity times 19current ratio 22.90
Current ratio from 1.24 to 22.90; short-term debt falls from €73,086 to €12,915.
31-12
Financial
Equity above €200,000Eq €282,560 ▲1,104%
3 profitable years in a row build equity to €282,560.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
No directors read yet: 0 of 8 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Lichtervelde · 1 establishment unit since 2007
Ground area
2,482 m²
Building footprint
911 m²
Volume, LiDAR
9,197 m³
2 parcels, Flanders · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
DIEMAT BVBA
since 20072.161.305.795
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36011F0677/00H000 | Flanders | 1,414 m² | 1 · 235 m² | 10.1 m · 2 fl. |
| 36011F0575/00H000 | Flanders | 1,069 m² | 1 · 676 m² | 16.0 m · 4 fl. |
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.
Recognitions · licences · registrations
Legal Entity Identifier
648838C0B4RBP52JT344
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,695 companies in this sector we hold annual accounts for 7,393. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded21-02-2007
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
66290Activities auxiliary to financial services and insurance activities
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0887463787
Also
9925:BE0887463787
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.