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BORTOLIN HANNUT

Active
Private limited companyfounded 199332 yrs activeRue de Landen 166, 4280 Hannut, BelgiumKBO/BCE: BE 0451.410.977

BORTOLIN HANNUT has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.95M and a net result of €798k. Equity is growing by ~31.5% per year across the filed fiscal years. Its solvency ranks better than 69% of 382 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
80 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70=
Solvency83▲+11
Growth73▼-3
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €310k at 30 days acceptable
Liquidity ample (current ratio 2.29 against 1.75 in 2024; short-term debt: 35.6% and cash: 18% of total assets), and 41.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 32 years 0 40 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
58.4%
Return on assets
11.8%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 · 10 filings
Deviation from the deadline
2025
4 d early
2024
27 d early
2023
6 d early
2022
38 d early
2021
37 d early
2020
23 d early
2019
24 d early
← 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
21-09-2026 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
€22.02M▼ 5.8%
2024 · €23.37M
2019: €13.15M 2020: €16.88M 2021: €16.32M 2022: €19.98M 2023: €20.23M 2024: €23.37M
2019 → 2025
EBIT margin
5.0%▲ 0.1pp
2024 · 4.8%
2019: 0.6% 2020: 2.9% 2021: 3.0% 2022: 5.2% 2023: 4.6% 2024: 4.8%
2019 → 2025
Net result
€798k▼ 0.9%
2024 · €806k
2018: €114k 2019: €12k 2020: €332k 2021: €334k 2022: €746k 2023: €641k 2024: €806k
2018 → 2025
Working capital
€3.11M▲ 37.9%
2024 · €2.25M
2018: €-234k 2019: €-269k 2020: €142k 2021: €493k 2022: €820k 2023: €1.43M 2024: €2.25M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€16.32M-€19.98M▲ 22.4%€20.23M▲ 1.3%€23.37M▲ 15.5%€22.02M▼ 5.8%
Equity€1.36M-€1.71M▲ 25.4%€2.35M▲ 37.5%€3.16M▲ 34.3%€3.95M▲ 25.3%
Operating result€495k-€1.04M▲ 111%€940k▼ 9.9%€1.13M▲ 20.3%€1.10M▼ 3.0%
Net result€334k-€746k▲ 123%€641k▼ 14.1%€806k▲ 25.8%€798k▼ 0.9%
Result per fiscal year
Operating resultNet result
€0€500k€1.00MOperating result 2021: €495k€495kNet result 2021: €334k€334kOperating result 2022: €1.04M€1.04MNet result 2022: €746k€746kOperating result 2023: €940k€940kNet result 2023: €641k€641kOperating result 2024: €1.13M€1.13MNet result 2024: €806k€806kOperating result 2025: €1.10M€1.10MNet result 2025: €798k€798k20212022202320242025
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.77M
Fixed assets €1.26M▼ 10.2%
Current assets €5.52M▲ 5.0%
Equity and liabilities €6.77M
Equity €3.95M▲ 25.3%
Debt €2.82M▼ 19.3%
The debt ratio falls from 52.6% to 41.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.26M
2024 · €1.30M
Cash flow
€963k
2024 · €972k
Solvency
58.4%
2024 · 47.4%
Current ratio
2.29
2024 · 1.75
Quick ratio
1.28
2024 · 0.75
Debt / equity
0.71
2024 · 1.11
ROE
20.2%
2024 · 25.5%
ROA
11.8%
2024 · 12.1%
Interest coverage
67.53
2024 · 27.15
Debt
€2.82M
2024 · €3.50M
Debt ≤ 1 year
€2.41M
2024 · €3.00M
Debt > 1 year
€408k
2024 · €495k
Income taxes
€278k
2024 · €279k
Staff costs
€1.68M
2024 · €1.59M
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€6.65M€6.77M
Fixed assets21/28€1.40M€1.26M
Intangible fixed assets21€27k€8k
Tangible fixed assets22/27€1.37M€1.25M
Land and buildings22€686k€663k
Plant, machinery and equipment23€654k€556k
Furniture and vehicles24€30k€28k
Current assets29/58€5.26M€5.52M
Stocks and contracts in progress3€3.01M€2.42M
Stocks30/36€3.01M€2.42M
Goods purchased for resale34€3.01M€2.42M
Amounts receivable within one year40/41€1.07M€857k
Trade receivables40€887k€835k
Other amounts receivable41€181k€22k
Current investments50/53€118k€1.02M
Own shares50€118k€118k=
Other investments51/53-€900k
Cash at bank and in hand54/58€1.05M€1.22M
Deferred charges and accrued income490/1€12k-
Equity and liabilities
Total equity and liabilities10/49€6.65M€6.77M
Equity10/15€3.16M€3.95M
Contributions10/11€200k€200k=
Revaluation surpluses12€190k€190k=
Reserves13€238k€238k=
Non-distributable reserves130/1€118k€118k=
Own shares acquired1312€118k€118k=
Distributable reserves133€120k€120k=
Profit (loss) carried forward14€2.53M€3.33M
Amounts payable17/49€3.50M€2.82M
Amounts payable after more than one year17€495k€408k
Financial debts170/4€495k€408k
Subordinated loans170€59k€42k
Credit institutions173€436k€365k
Amounts payable within one year42/48€3.00M€2.41M
Current portion of amounts payable after more than one year42€94k€87k
Financial debts43€240k€176k
Credit institutions430/8€240k€176k
Trade debts44€2.23M€1.75M
Suppliers440/4€2.23M€1.75M
Advances received on contracts in progress46€144k€170k
Taxes, remuneration and social security45€294k€226k
Taxes450/3€89k€59k
Remuneration and social security454/9€205k€167k
Other amounts payable47/48€100€100=
Accrued charges and deferred income492/3-€447
Income statement Code20242025
Operating income70/76A€23.87M€22.42M
Turnover70€23.37M€22.02M
Other operating income74€498k€391k
Non-recurring operating income76A€1k€4k
Operating charges60/66A€22.74M€21.32M
Goods for resale, raw materials and consumables60€20.07M€18.46M
Purchases600/8€19.73M€17.85M
Change in stocks: decrease (increase)609€342k€619k
Services and other goods61€933k€979k
Remuneration, social security and pensions62€1.59M€1.68M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€166k€165k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-123k€-31k
Other operating charges640/8€106k€60k
Non-recurring operating charges66A€79-
Operating profit (loss)9901€1.13M€1.10M
Financial income75/76B€6k€4k
Recurring financial income75€6k€4k
Other financial income752/9€6k€4k
Financial charges65/66B€52k€25k
Recurring financial charges65€52k€25k
Debt charges650€48k€19k
Other financial charges652/9€5k€6k
Profit (loss) for the period before taxes9903€1.08M€1.08M
Income taxes67/77€279k€278k
Taxes670/3€287k€278k
Tax adjustments and reversals of tax provisions77€8k€480
Profit (loss) for the period9904€806k€798k
Profit (loss) for the period to be appropriated9905€806k€798k
Appropriation of the result
Profit (loss) to be appropriated9906€2.53M€3.33M
Profit (loss) brought forward from the previous period14P€1.72M€2.53M
Social balance
Average headcount (FTE)908723.624.6

The notes to these accounts (67 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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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
2025
04-07
NBB filing Annual accounts filed
fiscal year 2024 · unclassified schema
2024
31-12
Financial Highest result since 2018net €806k ▲25.8%
Operating result €1.13M, net result €806k, both a record.
25-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Equity above €2MEq €2.35M ▲37.5%
6 profitable years in a row build equity to €2.35M.
23-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
24-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
08-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Equity above €1MEq €1.03M ▲47.7%
3 profitable years in a row build equity to €1.03M.
07-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Weakest financial yearnet €12k ▼89.1%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
16-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 16 days late
2018
21-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 21 days late
2017
17-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
11-06-2024 Xavier BORTOLIN: Resigned as Director
12-01-2024 HOLDING BORTOLIN: Resigned as Director
28-06-2016 Cécile VAN WEYENBERGH: Resigned as Director
28-06-2016 Justine DELBRASSINNE: Resigned as Director
28-06-2016 Philippe DELBRASSINNE: Resigned as Director
28-06-2016 Philippe DELBRASSINNE: Resigned as Managing director
Location & real-estate footprint
Registered office, Hannut · 1 establishment unit since 1994
establishment The establishment unit 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.

Rue de Landen 1664280 Hannut
Ground area
4,315 m²
Building footprint
1,630 m²
Volume, LiDAR
7,726 m³
Parcel 64005A0498/00R002, Wallonia · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Landen 166, 4280 Hannut
Water transport
since 19942.065.055.665
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
64005A0498/00R002 Wallonia 4,315 m² 1 · 1,630 m² 6.4 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 7,375 companies in sector 95311 we hold annual accounts for 2,958. 820 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-12-1993
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
47820Retail sale of motor vehicle parts and accessories
47639Retail sale of other sporting goods
47640Retail trade
50103
50302
52482
71100
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.