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HACKNEY

Active
Private limited company (pre-2019)founded 20179 yrs activeDeinse Horsweg 22, 9031 Gent, BelgiumKBO/BCE: BE 0678.448.583
Summary

HACKNEY has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of -€11,482. Equity remains stable across the filed fiscal years (±0.7% per year). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · fiscal year 2025, micro schema

Equity
€1.4m▼ 0.8%
2024 · €1.4m
Total assets
€1.5m▼ 0.1%
2024 · €1.5m
Net result
-€11,482▲ 8.2%
2024 · -€12,510
Working capital
-€78,335▼ 17.1%
2024 · -€66,885
Trend over the years

2021 to 2025, 5 fiscal years 2019 to 2025, 7 fiscal years

The operating result stays negative: a loss of €11,306 in 2025 against €12,349 in 2024; the loss shrinks.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result-€0.01m 2025 Net result-€0.01m 2025

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€0.006m--€0.006m▲ 1.8%-€0.009m▼ 39.0%-€0.009m▼ 7.2%-€0.01m▼ 5.3%-€0.01m▼ 27.2%-€0.01m▲ 8.4%
Net result-€0.006m--€0.006m▲ 2.1%-€0.009m▼ 39.0%-€0.009m▼ 7.1%-€0.01m▼ 6.1%-€0.01m▼ 27.2%-€0.01m▲ 8.2%
Equity€1.5m-€1.5m▼ 0.4%€1.5m▼ 0.6%€1.5m▼ 0.6%€1.5m▼ 0.7%€1.4m▼ 0.9%€1.4m▼ 0.8%
Total assets€1.5m-€1.5m▲ 0.1%€1.5m▼ 0.1%€1.5m=€1.5m▲ 0.4%€1.5m▲ 1.4%€1.5m▼ 0.1%
Debt€0.007m-€0.01m▲ 111%€0.02m▲ 51.8%€0.03m▲ 40.3%€0.05m▲ 52.0%€0.08m▲ 72.0%€0.09m▲ 11.7%
Working capital-€0.006m--€0.01m▼ 90.6%-€0.02m▼ 67.1%-€0.03m▼ 46.4%-€0.04m▼ 32.9%-€0.07m▼ 69.8%-€0.08m▼ 17.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets €1.5m =
Current assets €10,945 ▼ 15.7%
Equity and liabilities €1.5m
Equity €1.4m ▼ 0.8%
Debt €90,279 ▲ 11.7%
Debt's share of the balance-sheet total rises from 5.3% to 5.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€11,306▼
2024 · -€9,515
Cash flow
-€11,482▼
2024 · -€9,676
Current ratio
0.12▼
2024 · 0.16
Debt to equity
0.06▲
2024 · 0.06
ROE
-0.8%▲
2024 · -0.9%
ROA
-0.8%▲
2024 · -0.8%
Interest coverage
-64.36▼
2024 · -59.04
Debt ≤ 1 year
€89,280▲
2024 · €79,860
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 929 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 93% are still going.

  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
1.7% went bankrupt
5.5% stopped otherwise
93% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 929 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.5m€1.5m▼
Fixed assets21/28€1.5m€1.5m=
Tangible fixed assets22/27€1.5m€1.5m=
Land and buildings22€1.5m€1.5m=
Current assets29/58€0.01m€0.01m▼
Cash at bank and in hand54/58€0.005m€0.01m▲
Deferred charges and accrued income490/1€0.008m€0▼
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.5m▼
Equity10/15€1.4m€1.4m▼
Contributions10/11€1.5m€1.5m=
Profit (loss) carried forward14-€0.05m-€0.06m▼
Amounts payable17/49€0.08m€0.09m▲
Amounts payable within one year42/48€0.08m€0.09m▲
Trade debts44€0.008m€0▼
Suppliers440/4€0.008m€0▼
Other amounts payable47/48€0.07m€0.09m▲
Accrued charges and deferred income492/3€0.001m€0.001m▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.003m€0▼
Other operating charges640/8€0.007m€0.009m▲
Gross operating margin9900-€0.002m-€0.002m▼
Operating profit (loss)9901-€0.01m-€0.01m▲
Financial charges65/66B€161€176▲
Recurring financial charges65€161€176▲
Profit (loss) for the period before taxes9903-€0.01m-€0.01m▲
Profit (loss) for the period9904-€0.01m-€0.01m▲
Profit (loss) for the period to be appropriated9905-€0.01m-€0.01m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.05m-€0.06m▼
Profit (loss) brought forward from the previous period14P-€0.04m-€0.05m▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€697----€2,834€0▼ 100%
Other operating charges640/8---€7,056€7,203€7,225€8,872▲ 22.8%
Gross operating margin9900-€4,051-€2,225-€2,131-€2,168-€2,506-€2,290-€2,434▼ 6.3%
Operating profit (loss)9901-€6,301-€6,188-€8,601-€9,223-€9,709-€12,349-€11,306▲ 8.4%
Financial charges65/66B---€45€122€161€176▲ 9.0%
Recurring financial charges65€60€39€54€45€122€161€176▲ 9.0%
Profit (loss) for the period before taxes9903-€6,360-€6,227-€8,655-€9,268-€9,832-€12,510-€11,482▲ 8.2%
Profit (loss) for the period9904-€6,360-€6,227-€8,655-€9,268-€9,832-€12,510-€11,482▲ 8.2%
Profit (loss) for the period to be appropriated9905-€6,360-€6,227-€8,655-€9,268-€9,832-€12,510-€11,482▲ 8.2%
Line2019202020212022202320242025Change
Assets
Total assets20/58€1.5m€1.5m€1.5m€1.5m€1.5m€1.5m€1.5m▼ 0.1%
Fixed assets21/28€1.5m€1.5m€1.5m€1.5m€1.5m€1.5m€1.5m=
Tangible fixed assets22/27€1.5m€1.5m€1.5m€1.5m€1.5m€1.5m€1.5m=
Land and buildings22---€1.5m€1.5m€1.5m€1.5m=
Current assets29/58€0.001m€0.002m€0.001m€401€0.007m€0.01m€0.01m▼ 15.7%
Cash at bank and in hand54/58€0.001m€0.002m€0.001m€401€0.001m€0.005m€0.01m▲ 102%
Deferred charges and accrued income490/1----€0.006m€0.008m€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.5m€1.5m€1.5m€1.5m€1.5m€1.5m▼ 0.1%
Equity10/15€1.5m€1.5m€1.5m€1.5m€1.5m€1.4m€1.4m▼ 0.8%
Contributions10/11€1.5m--€1.5m€1.5m€1.5m€1.5m=
Profit (loss) carried forward14-€0.006m-€0.01m-€0.02m-€0.03m-€0.04m-€0.05m-€0.06m▼ 21.7%
Amounts payable17/49€0.007m€0.01m€0.02m€0.03m€0.05m€0.08m€0.09m▲ 11.7%
Amounts payable within one year42/48€0.007m€0.01m€0.02m€0.03m€0.05m€0.08m€0.09m▲ 11.8%
Trade debts44€0.001m----€0.008m€0▼ 100%
Suppliers440/4-----€0.008m€0▼ 100%
Other amounts payable47/48---€0.03m€0.05m€0.07m€0.09m▲ 23.8%
Accrued charges and deferred income492/3---€0.001m€0.001m€0.001m€0.001m▲ 3.2%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€6,360-€6,227-€8,655-€9,268-€9,832-€12,510-€11,482▲ 8.2%
+ Depreciation and write-downs630€697----€2,834€0▼ 100%
Operating cash flow (approximation)-€5,663-€6,227-€8,655-€9,268-€9,832-€9,676-€11,482▼ 18.7%
Investment in fixed assets (approximation)-€0€0€0€0-€17,834€0▲ 100%
Change in cash-€1,396-€1,133-€395€306€4,706€5,532▲ 17.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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