HACKEN NORBERT
ActiveHACKEN NORBERT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €633k and a net result of €137k. Equity is growing by ~21.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▲+15
Solvency100=
Growth85▲+17
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 9.75 against 13.05 in 2024; short-term debt: 7.3% and cash: 23.6% of total assets), and 7.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
92.7%
Return on assets
20.1%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-05-2026, 2 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 · 8 filingsDeviation from the deadline
2025
2 d late
2024
6 d late
2023
75 d late
2022
26 d late
2021
55 d late
2020
on the day
2019
51 d early
← before the deadline
after the deadline →
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
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, unclassified schema
Turnover
€452k▲ 44.9%
2021 · €312k
2018: €104k
2019: €128k
2021: €312k
2018 → 2022
EBIT margin
38.8%▲ 17.0pp
2021 · 21.8%
2018: 51.4%
2019: 51.4%
2021: 21.8%
2018 → 2022
Net result
€137k▲ 222%
2024 · €43k
2018: €52k
2019: €50k
2021: €44k
2022: €147k
2023: €79k
2024: €43k
2018 → 2025
Working capital
€439k▲ 67.7%
2024 · €262k
2018: €70k
2019: €120k
2021: €198k
2022: €188k
2023: €246k
2024: €262k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€312k-€452k▲ 44.9%
Equity€227k-€374k▲ 65.0%€453k▲ 21.1%€495k▲ 9.4%€633k▲ 27.7%
Operating result€68k-€176k▲ 158%€91k▼ 48.4%€99k▲ 9.7%€187k▲ 88.1%
Net result€44k-€147k▲ 238%€79k▼ 46.3%€43k▼ 46.1%€137k▲ 222%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 88% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €683k
Fixed assets
€194k▼ 17.0%
Current assets
€489k▲ 72.5%
Equity and liabilities €683k
Equity
€633k▲ 27.7%
Debt
€50k▲ 131%
The debt ratio rises from 4.2% to 7.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€264k▲
2024 · €173k
Cash flow
€214k▲
2024 · €117k
Solvency
92.7%▼
2024 · 95.8%
Current ratio
9.75▼
2024 · 13.05
Quick ratio
9.75▼
2024 · 13.05
Debt / equity
0.08▲
2024 · 0.04
ROE
21.7%▲
2024 · 8.6%
ROA
20.1%▲
2024 · 8.2%
Interest coverage
66.85▲
2024 · 23.76
Debt
€50k▲
2024 · €22k
Debt ≤ 1 year
€50k▲
2024 · €22k
Income taxes
€51k▼
2024 · €54k
Staff costs
€40k▲
2024 · €21k
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€517k€683k▲
Fixed assets21/28€234k€194k▼
Tangible fixed assets22/27€234k€194k▼
Land and buildings22€12k€10k▼
Plant, machinery and equipment23€205k€170k▼
Furniture and vehicles24€17k€14k▼
Current assets29/58€283k€489k▲
Amounts receivable within one year40/41€10k€46k▲
Trade receivables40€6k€46k▲
Other amounts receivable41€4k-
Current investments50/53€179k€278k▲
Cash at bank and in hand54/58€94k€161k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€517k€683k▲
Equity10/15€495k€633k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€475k€612k▲
Amounts payable17/49€22k€50k▲
Amounts payable within one year42/48€22k€50k▲
Trade debts44€18k€12k▼
Suppliers440/4€18k€12k▼
Taxes, remuneration and social security45€3k€23k▲
Remuneration and social security454/9€3k€23k▲
Other amounts payable47/48-€16k
Income statement
Code20242025
Remuneration, social security and pensions62€21k€40k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€77k▲
Other operating charges640/8€1k€128▼
Gross operating margin9900€196k€304k▲
Operating profit (loss)9901€99k€187k▲
Financial income75/76B€4k€6k▲
Recurring financial income75€4k€6k▲
Financial charges65/66B€7k€4k▼
Recurring financial charges65€7k€4k▼
Profit (loss) for the period before taxes9903€96k€188k▲
Income taxes67/77€54k€51k▼
Profit (loss) for the period9904€43k€137k▲
Profit (loss) for the period to be appropriated9905€43k€137k▲
Appropriation of the result
Profit (loss) to be appropriated9906€475k€612k▲
Profit (loss) brought forward from the previous period14P€432k€475k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-05
NBB filing
Annual accounts filed
fiscal year 2025 · unclassified schema · 2 days late
2025
30-09
Financial
Equity above €500kEq €633k ▲27.7%
7 profitable years in a row build equity to €633k.
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema · 6 days late
2024
30-09
Financial
Weakest financial yearnet €43k ▼46.1%
Net result drops to €43k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity doublescurrent ratio 13.05
Current ratio from 5.34 to 13.05; short-term debt falls from €57k to €22k.
14-07
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema · 75 days late
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 26 days late
2022
30-09
Financial
Highest result since 2018net €147k ▲238%
Net result €147k, the highest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema · 55 days late
2021
30-09
Financial
Equity above €200kEq €227k ▲87.1%
3 profitable years in a row build equity to €227k.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Equity above €100kEq €121k ▲70.4%
2 profitable years in a row build equity to €121k.
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sankt Vith · 1 establishment unit since 2017
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.
John-Cockerill-Straße 34780 Sankt Vith1 establishment unit
Hacken Norbert SPRL
since 20172.268.506.435
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VANDEVELDE
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DUCANOX
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Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 1,495 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-09-2017
Fiscal year end30-09
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
28410Manufacture of machinery and equipment not elsewhere classified
25530Machining of metals
33120Repair and maintenance of machinery
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filings
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@hacken-norbert.be