HADA PROJECTS
ActiveSummary
The computed 12-month bankruptcy probability of HADA PROJECTS is 1.9% (moderate). The 2025 annual accounts show negative equity (-€981,821) and a net result of €5,609, of which €21,000 non-recurring income. Equity has been shrinking by about 19% per year since 2018. Its solvency ranks better than 7% of 17,162 sector peers (NACE 68, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 28-10-2008 Normal situation
- Activity
- Development of residential building projects NACE 68121and 3 others
- Establishment units
- 2.173.965.582 9310 Aalst, since 31-10-2008
- 2.330.159.041 9200 Dendermonde, since 01-01-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
Board and ownership
Board
- VAN dEN STEEN Andy Hendrik MarioDirector
- VAN dEN STEEN RobinDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.9%
Annual accounts 2025
- Gross margin
- €49,841
- ▼ 38.4%
- Turnover
- ≈ €140,000
- estimated
- Profit
- €5,609
- ▼ 58.5%
- Equity
- -€981,821
- ▲ 0.6%
- Total assets
- €1.8m
- ▼ 0.3%
- Staff
- 0.3 FTE
- ▼ 70.0%
- Negative equity on 31-12-2025
- 2025 accounts filed 55 days after the deadline
Score breakdownraises riskLiquidity: current ratio 1.62, cash €32, halvedNegative equity -€981,821Last filed accounts filed 55 days late; 1 of the last 3 accounts latelowers riskSize: total assets €1.8mShow the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 32% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency
0=
equity -55.2% of total assets
Liquidity
24=
short-term debt 51.3% · cash 0.0%
Profitability
69-1
return on assets 0.3%
Bankruptcy probability within 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.7%
01-2025: 1.7%● unchanged vs 12-2024
02-2025: 1.8%▲ +0.1 percentage points vs 01-2025
03-2025: 1.8%● unchanged vs 02-2025
04-2025: 1.7%▼ -0.1 percentage points vs 03-2025
05-2025: 1.7%● unchanged vs 04-2025
06-2025: 1.6%▼ -0.1 percentage points vs 05-2025
07-2025: 1.8%▲ +0.2 percentage points vs 06-2025
08-2025: 1.1%▼ -0.7 percentage points vs 07-2025
09-2025: 1.1%● unchanged vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.1%● unchanged vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 1.0%▼ -0.1 percentage points vs 05-2026lowest value
07-2026: 1.1%▲ +0.1 percentage points vs 06-2026
08-2026: 1.7%▲ +0.6 percentage points vs 07-2026
09-2026: 2.0%▲ +0.3 percentage points vs 08-2026highest value
10-2026: 1.9%▼ -0.1 percentage points vs 09-2026
11-2026: 1.9%● unchanged vs 10-2026
No credit on open account
Liquidity is ample, with a current ratio of 1.62 (1.6 in 2024), above the usual 1.5. Short-term debt is 51.3% and cash 0% of total assets. However, equity is negative.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 5% of them on solvency, 19% on liquidity, 57% on profitability and 47% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 17162 sector peers (2025).
NBB · sector comparisonPosition among 17162 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
55 days late
2024
9 days early
2023
50 days early
2022
27 days early
2021
60 days late
2020
16 days early
2019
139 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 22 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 July (4 of the last 5 accounts filed within 64 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 55 days after the deadline Filed on 24 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00525108.
Annual accounts 2025 filed on 24-09-2026 at the NBB all 17 filings
Turnover
≈ €140,000
Estimated: probably between €75,000 and €280,000
Total assets
€1.8m▼ 0.3%
2024 · €1.8m
Net result
€5,609▼ 58.5%
2024 · €13,521
Working capital
€564,233▲ 3.6%
2024 · €544,847
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€6,727
▼ 56.2%
2025
20182025
Net result
€5,609
▼ 58.5%
2025
middle half of the sector
20182025
Equity
-€981,821
▲ 0.6%
2025
lowest quarter of the sector
20182025
Total assets
€1.8m
▼ 0.3%
2025
highest quarter of the sector
20182025
Debt
€2.8m
▼ 0.4%
2025
20182025
Working capital
€564,233
▲ 3.6%
2025
highest quarter of the sector
20182025
Solvency
-55.2%
▲ 0.2pp
2025
lowest quarter of the sector
20182025
Current ratio
1.62
▲ 0.02
2025
middle half of the sector
20182025
Return on assets (ROA)
0.3%
▼ 0.4pp
2025
middle half of the sector
20182025
Staff (FTE)
0.3
▼ 70.0%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.01m--€0.2m-€0.2m▼ 8.5%-€0.2m▼ 4.0%-€0.1m▲ 49.8%-€0.01m▲ 88.0%€0.02m€0.007m▼ 56.2%
Net result€195--€0.2m-€0.2mbelow the sector's middle half▼ 2.2%-€0.2mbelow the sector's middle half▼ 1.0%-€0.1mbelow the sector's middle half▲ 49.5%-€0.04mbelow the sector's middle half▲ 61.2%€0.01mwithin the sector's middle half€0.006mwithin the sector's middle half▼ 58.5%
Equity-€0.04m--€0.2m▼ 469%-€0.5mbelow the sector's middle half▼ 84.3%-€0.7mbelow the sector's middle half▼ 46.2%-€0.8mbelow the sector's middle half▼ 16.0%-€0.8mbelow the sector's middle half▼ 5.3%-€1.0mbelow the sector's middle half▼ 20.5%-€1.0mbelow the sector's middle half▲ 0.6%
Total assets€2.5m-€2.1m▼ 16.3%€2.0mabove the sector's middle half▼ 4.9%€1.6mabove the sector's middle half▼ 19.2%€1.6mabove the sector's middle half▼ 2.4%€1.4mwithin the sector's middle half▼ 9.7%€1.8mabove the sector's middle half▲ 27.3%€1.8mabove the sector's middle half▼ 0.3%
Debt€2.5m-€2.3m▼ 7.8%€2.4m▲ 4.7%€2.3m▼ 6.9%€2.3m▲ 3.1%€2.2m▼ 4.7%€2.8m▲ 24.8%€2.8m▼ 0.4%
Working capital€1.7m-€1.4m▼ 21.6%€1.3mabove the sector's middle half▼ 2.7%€1.0mabove the sector's middle half▼ 24.2%€1.0mabove the sector's middle half▲ 1.3%€0.7mabove the sector's middle half▼ 33.0%€0.5mabove the sector's middle half▼ 19.9%€0.6mabove the sector's middle half▲ 3.6%
Solvency-1.8%--12.0%▼ 10.3pp-23.3%below the sector's middle half▼ 11.3pp-42.2%below the sector's middle half▼ 18.9pp-50.1%below the sector's middle half▼ 7.9pp-58.5%below the sector's middle half▼ 8.3pp-55.3%below the sector's middle half▲ 3.1pp-55.2%below the sector's middle half▲ 0.2pp
Current ratio31.19-78.49▲ 47.3063.35above the sector's middle half▼ 15.1435.36above the sector's middle half▼ 27.9952.36above the sector's middle half▲ 17.002.89above the sector's middle half▼ 49.471.60within the sector's middle half▼ 1.291.62within the sector's middle half▲ 0.02
Return on assets (ROA)0.0%--9.9%▼ 9.9pp-10.7%below the sector's middle half▼ 0.7pp-13.3%below the sector's middle half▼ 2.7pp-6.9%below the sector's middle half▲ 6.4pp-3.0%below the sector's middle half▲ 3.9pp0.8%within the sector's middle half▲ 3.7pp0.3%within the sector's middle half▼ 0.4pp
Staff (FTE)0.5-0.5=0.5below the sector's middle half=1▲ 100%1=1within the sector's middle half=1=0.3▼ 70.0%
above
within
below
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 56% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€302,687 ▼ 7.9%
Current assets
€1.5m ▲ 1.4%
Equity and liabilities
Equity-€981,821
Debt€2.8m
Equity is negative. Debt (€2.8m) exceeds the balance-sheet total (€1.8m).
Key figures and ratios
EBITDA
€32,627▼
2024 · €48,113
Cash flow
€31,509▼
2024 · €46,288
Quick ratio
0.58▲
2024 · 0.56
Interest coverage
45.03▲
2024 · 37.14
Debt ≤ 1 year
€912,257▲
2024 · €910,687
Debt > 1 year
€1.8m▼
2024 · €1.9m
Income taxes
€394▼
2024 · €534
Staff costs
€9,143▼
2024 · €30,274
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 | - |
| full-time | - | - | 0 | 0 | - |
| part-time | 1 | 1 | 1 | 1 | - |
| in full-time equivalents | 0.5 | 0.5 | 0.5 | 0.5 | - |
| Average over the year, in full-time equivalents | 0.5 | 0.5 | 0.5 | 0.5 | 0.1 |
| On a permanent contract | 1 | 1 | 1 | 1 | - |
| Joined | - | - | - | - | 0 |
| Left | - | - | - | - | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €21,000 | - |
| Remuneration, social security and pensions62 | - | - | - | €26,695 | €29,268 | €36,563 | €30,274 | €9,143 | ▼ 69.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €90,790 | €72,283 | €68,031 | €67,347 | €41,442 | €35,517 | €32,767 | €25,900 | ▼ 21.0% |
| Other operating charges640/8 | - | - | - | €11,628 | €7,422 | €47,895 | €2,558 | €8,070 | ▲ 215% |
| Gross operating margin9900 | €141,416 | €67,112 | -€99,604 | -€140,833 | -€45,584 | €105,178 | €80,945 | €49,841 | ▼ 38.4% |
| Operating profit (loss)9901 | €9,532 | -€218,324 | -€236,955 | -€246,503 | -€123,716 | -€14,797 | €15,346 | €6,727 | ▼ 56.2% |
| Financial income75/76B | - | - | - | €41,789 | €26,358 | €0 | €4 | - | - |
| Recurring financial income75 | €1,572 | €43,792 | €46,408 | €41,789 | €26,358 | €0 | €4 | - | - |
| Financial charges65/66B | - | - | - | €7,295 | €9,655 | €25,475 | €1,295 | €725 | ▼ 44.1% |
| Recurring financial charges65 | €10,909 | €11,312 | €9,441 | €7,295 | €9,655 | €25,475 | €1,295 | €725 | ▼ 44.1% |
| Profit (loss) for the period before taxes9903 | €195 | -€185,844 | -€199,988 | -€212,009 | -€107,013 | -€40,272 | €14,055 | €6,002 | ▼ 57.3% |
| Income taxes67/77 | - | €19,462 | €9,877 | - | - | €1,204 | €534 | €394 | ▼ 26.3% |
| Profit (loss) for the period9904 | €195 | -€205,306 | -€209,865 | -€212,009 | -€107,013 | -€41,476 | €13,521 | €5,609 | ▼ 58.5% |
| Profit (loss) for the period to be appropriated9905 | €195 | -€205,306 | -€209,865 | -€212,009 | -€107,013 | -€41,476 | €13,521 | €5,609 | ▼ 58.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.5m | €2.1m | €2.0m | €1.6m | €1.6m | €1.4m | €1.8m | €1.8m | ▼ 0.3% |
| Fixed assets21/28 | €0.7m | €0.7m | €0.6m | €0.6m | €0.5m | €0.4m | €0.3m | €0.3m | ▼ 7.9% |
| Tangible fixed assets22/27 | €0.7m | €0.7m | €0.6m | €0.6m | €0.5m | €0.4m | €0.3m | €0.3m | ▼ 7.9% |
| Land and buildings22 | - | - | - | €0.5m | €0.5m | €0.4m | €0.3m | €0.3m | ▼ 7.9% |
| Plant, machinery and equipment23 | - | - | - | €0.01m | €0.009m | €0.004m | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €0.08m | €0.06m | €153 | €47 | - | - |
| Current assets29/58 | €1.8m | €1.4m | €1.3m | €1.0m | €1.0m | €1.0m | €1.5m | €1.5m | ▲ 1.4% |
| Amounts receivable after more than one year29 | - | - | - | €0.5m | €0.5m | - | - | - | - |
| Other amounts receivable291 | - | - | - | €0.5m | €0.5m | - | - | - | - |
| Stocks and contracts in progress3 | €1.0m | €0.8m | €0.4m | €0.5m | €0.5m | €0.5m | €0.9m | €0.9m | = |
| Stocks30/36 | - | - | - | €0.5m | €0.5m | €0.5m | €0.9m | €0.9m | = |
| Amounts receivable within one year40/41 | €0.3m | €0.6m | €0.9m | €0.007m | €0.009m | €0.5m | €0.5m | €0.5m | ▲ 4.3% |
| Trade receivables40 | - | - | - | €0.005m | €0.003m | €0.01m | €181 | €0.02m | ▲ 120× |
| Other amounts receivable41 | - | - | - | €0.002m | €0.005m | €0.5m | €0.5m | €0.5m | ▲ 0.1% |
| Cash at bank and in hand54/58 | €0.5m | €0.004m | €0.1m | €0.008m | €0.01m | €30 | €0.001m | €32 | ▼ 96.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.5m | €2.1m | €2.0m | €1.6m | €1.6m | €1.4m | €1.8m | €1.8m | ▼ 0.3% |
| Equity10/15 | -€0.04m | -€0.2m | -€0.5m | -€0.7m | -€0.8m | -€0.8m | -€1.0m | -€1.0m | ▲ 0.6% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | - | - | - | - | - | - | €0.4m | €0.4m | = |
| Non-distributable reserves130/1 | - | - | - | - | - | - | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | - | - | - | €0.002m | €0.002m | = |
| Distributable reserves133 | - | - | - | - | - | - | €0.4m | €0.4m | = |
| Profit (loss) carried forward14 | -€0.2m | -€0.4m | -€0.6m | -€0.8m | -€0.9m | -€0.9m | -€1.5m | -€1.5m | ▲ 0.4% |
| Amounts payable17/49 | €2.5m | €2.3m | €2.4m | €2.3m | €2.3m | €2.2m | €2.8m | €2.8m | ▼ 0.4% |
| Amounts payable after more than one year17 | €2.5m | €2.3m | €2.4m | €2.2m | €2.3m | €1.9m | €1.9m | €1.8m | ▼ 0.6% |
| Financial debts170/4 | - | - | - | €0.5m | €0.5m | €1.0m | €1.0m | €1.0m | = |
| Other amounts payable178/9 | - | - | - | €1.8m | €1.9m | €0.8m | €0.8m | €0.8m | ▼ 1.4% |
| Amounts payable within one year42/48 | €0.06m | €0.02m | €0.02m | €0.03m | €0.02m | €0.4m | €0.9m | €0.9m | ▲ 0.2% |
| Financial debts43 | - | - | - | €0.002m | €0.01m | - | - | - | - |
| Credit institutions430/8 | - | - | - | €0.002m | €0.01m | - | - | - | - |
| Trade debts44 | €0.008m | €0.007m | €0.003m | €0.009m | €0.007m | €0.01m | €0.02m | €0.03m | ▲ 28.1% |
| Suppliers440/4 | - | - | - | €0.009m | €0.007m | €0.01m | €0.02m | €0.03m | ▲ 28.1% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.002m | €0.009m | €0.008m | €0.008m | ▲ 0.4% |
| Taxes450/3 | - | - | - | €0.003m | €89 | €0.001m | €0.002m | €0.008m | ▲ 367% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.002m | €0.008m | €0.007m | - | - |
| Other amounts payable47/48 | - | - | - | - | - | €0.3m | €0.9m | €0.9m | ▼ 0.5% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €147 | €25 | ▼ 83.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €195 | -€205,306 | -€209,865 | -€212,009 | -€107,013 | -€41,476 | €13,521 | €5,609 | ▼ 58.5% |
| + Depreciation and write-downs630 | €90,790 | €72,283 | €68,031 | €67,347 | €41,442 | €35,517 | €32,767 | €25,900 | ▼ 21.0% |
| Operating cash flow (approximation) | €90,985 | -€133,023 | -€141,834 | -€144,662 | -€65,571 | -€5,958 | €46,288 | €31,509 | ▼ 31.9% |
| Investment in fixed assets (approximation) | - | -€83,134 | -€580 | €0 | €0 | €121,694 | €0 | €0 | - |
| Change in cash | - | -€462,602 | €117,202 | -€112,381 | €1,238 | -€9,556 | €976 | -€975 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,379 companies had the same profile as HADA PROJECTS has now. Two years later, 94.3% were still going and 2.4% had gone bankrupt.
- Micro
- 10 to 20 years old
- negative equity
- a profit under 5% of the balance sheet
94.3%
was still going
3.2%
stopped otherwise
2.4%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HADA PROJECTS itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,379 companies, not a prediction for HADA PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-09-2026 | 2026-00525108 | |
| 31-12-2024 | micro format | 22-07-2025 | 2025-00295281 | |
| 31-12-2023 | abbreviated format | 11-06-2024 | 2024-00126858 | |
| 31-12-2022 | micro format | 04-07-2023 | 2023-00207509 | |
| 31-12-2021 | micro format | 29-09-2022 | 2022-20451449 | |
| 31-12-2020 | micro format | 15-07-2021 | 2021-36000593 | |
| 31-12-2019 | micro format | 17-12-2020 | 2020-76900300 | |
| 31-12-2018 | micro format | 01-10-2019 | 2019-68400009 | |
| 31-12-2017 | micro format | 10-10-2018 | 2018-69100312 | |
| 31-12-2016 | abbreviated format | 21-09-2017 | 2017-61800200 |
Board & ownership
Directors
Directors
2 directors, last change in 2024
VAN dEN STEEN Andy Hendrik Mario
Current
Director (not named in the articles) · appointed by deed of 08-01-2024 · listed in the 2025 annual accounts, filed on 24-09-2026
VAN dEN STEEN Robin
Current
Director (not named in the articles) · appointed by deed of 08-01-2024 · listed in the 2025 annual accounts, filed on 24-09-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 08-01-2024Owners and capital
Owners
Mandate history
2 people, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| VAN dEN STEEN Andy Hendrik Mario |
|
| VAN dEN STEEN Robin |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
Articles of association, deed of 08-01-2024 (in Dutch)
Network & group
Holdings and subsidiaries
Holdings 0
See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.
Former holdings (1)
This company merged into HADA PROJECTS on 22-08-2024.
- Equity -€183,601 Profit of €7,355 in 2023 (loss of €783 in 2022)100%
Acquisitions and mergers
1 transactionTook over:HADA CONSTRUCT
Connections & network
2 current directorsThe network starts from the directors of HADA PROJECTS. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Deeds, filings and financial milestones
Deadline for the 2026 accounts:
2026
24-09
micro format · 55 days late
2025
22-07
micro format · 9 days before the deadline
2024
31-12
Financial
Back to profitnet €13,521
The net result is €13,521, after 5 loss-making years.
22-08
Gazette deed
Merger: HADA PROJECTS takes over HADA CONSTRUCT2 points ▸
Gazette deed
Merger: HADA PROJECTS takes over HADA CONSTRUCT
2 points ▸
- General meeting, 31-07-2024
- Accounting effect, 01-01-2024
- The deed holds 9 more points.
28-06
Gazette deed
Merger proposal: HADA PROJECTS takes over HADA CONSTRUCTThe company holds all the shares of HADA CONSTRUCT5 points ▸
Gazette deed
Merger proposal: HADA PROJECTS takes over HADA CONSTRUCT
The company holds all the shares of HADA CONSTRUCT5 points ▸
- The company holds all the shares of HADA CONSTRUCT, mentioned 3 times in the deed
- Incorporation, 24-10-2008
- Board composition, Andy Van den Steen (director), mentioned twice in the deed
- Board composition, Robin Van den Steen (director), mentioned twice in the deed
- Accounting effect, 01-01-2024
- The deed holds 15 more points.
11-06
abbreviated format · 50 days before the deadline
08-01
Gazette deed
Appointments: VAN dEN STEEN Andy Hendrik Mario (director) and VAN dEN STEEN Robin (director)Legal-form conversion: from private limited company (pre-2019) to private limited company5 points ▸
Gazette deed
Appointments: VAN dEN STEEN Andy Hendrik Mario (director) and VAN dEN STEEN Robin (director)
Legal-form conversion: from private limited company (pre-2019) to private limited company5 points ▸
- Director appointment, VAN dEN STEEN Andy Hendrik Mario (director (not named in the articles))
- Director appointment, VAN dEN STEEN Robin (director (not named in the articles))
- Registered office clause, Faluintjesstraat 86, 9310 Aalst (Meldert)
- General meeting, 21-12-2023
- Legal-form conversion, from private limited company (pre-2019) to private limited company
- The deed holds 4 more points.
2023
04-07
micro format · 27 days before the deadline
2022
29-09
micro format · 60 days late
2021
31-12
Financial
Weakest financial yearnet -€212,009
The net result drops to -€212,009, the lowest from 2018 to 2025. It recovers the following year.
15-07
micro format · 16 days before the deadline
2020
17-12
micro format · 139 days late
Show earlier events
2019
31-12
Financial
Liquidity more than doubledcurrent ratio 78.49
The current ratio rises from 31.19 to 78.49. Short-term debt falls from €57,338 to €17,520.
01-10
micro format · 62 days late
2018
10-10
micro format · 71 days late
2017
21-09
abbreviated format · 52 days late
2008
05-11
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
HADA PROJECTS in Dutch
Abbreviation
HADA in Dutch
Trade name
HADA GROUP in Dutch
Enterprise number
0807.405.432
Legal form
Private limited company
Status
Active, normal situation
Founded
28-10-2008
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 08-01-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Faluintjesstraat 86, 9310 Aalst”
deed of 28-06-2024 (in Dutch)Registered office and establishments
Registered office
Faluintjesstraat 86, 9310 Aalst, Belgium
Establishment units
Wassalon Hada, Faluintjesstraat 86, 9310 Aalst since 31-10-2008 · unit number 2.173.965.582
Wassalon Hada, Heirbaan 170, 9200 Dendermonde since 01-01-2022 · unit number 2.330.159.041 96102 Launderettes and laundries for private customers
Activities
NACEBEL 202568121
Development of residential building projects main activity
68110
Buying and selling of own real estate
68310
Real estate agency activities
96102
Launderettes and laundries for private customers
Codes under NACEBEL 2008
41101
Real estate development main activity
68100
Real estate activities
68311
Real estate activities
96012
Personal service activities
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 28-06-2024 (in Dutch)
“Alle studiën en operaties met betrekking tot alle onroerende goederen en rechten en tot alle roerende goederen en rechten,welke daaruit…”
28 activities
- Alle studiën en operaties met betrekking tot alle onroerende goederen en rechten en tot alle roerende goederen en rechten,welke daaruit voortvloeien,zoals de aankoop,de bouw,de verbouwing,de aanpassing,de huur en onderhuur,het leasen en in lease geven van roerende en onroerende goederen,de rechtstreekse uitbating of in regie,de ruiling,de verkoop en,in het algemeen,alle operaties die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,voor zichzelf of voor anderen van alle bebouwde of onbebouwde onroerende eigendommen.
- Het uitoefenen van alle werkzaamheden van bouwpromotor,het optreden als projectontwikkelaar voor zowel residentiële als niet-residentiële bouwprojecten,het optreden als verkavelaar of als algemene coördinator van de werkzaamheden op de werf in de meest ruime zin,en dit zowel voor eigen rekening als voor rekening van derden,met uitzondering van de activiteiten voorbehouden aan het beroep van vastgoedmakelaar.
- De aankoop,de verkoop,de verhuring,het valoriseren,het beheer en de administratie van alle onroerende goederen,het optreden als expert-raadgever inzake onroerende goederen,alsook alle activiteiten die rechtstreeks of onrechtstreeks verband houden met dat doel,met inbegrip van de aankoop en verkoop van roerende waarden en goederen,alle roerende,onroerende,burgerlijke,handels-,financiële-,bank-,industriële,hypothecaire verrichtingen doen die rechtstreeks of onrechtstreeks in verband staan met haar doel en die van aard zijn de verwezenlijking hiervan te vergemakkelijken,zoals bijvoorbeeld alle verrichtingen en alle studies die verband houden met goederen en/of rechten die onroerend zijn van nature,door inlijving of bestemming,evenals met de roerende goederen en/of rechten die eruit voortkomen,het uitbaten,het valoriseren,het verkavelen,het huren en verhuren,eveneens onder de vorm van leasing,het doen bouwen of verbouwen van alle onroerende goederen,alle verrichtingen van mandaat,beheer en commissie betreffende onroerende goederen,onroerende rechten en in het algemeen alle verrichtingen die rechtstreeks of onrechtstreeks voortvloeien uit het voorwerp.
- De uitbating en in uitbating geven van alle mogelijke horecabedrijven en in het bijzonder de uitbating van herbergen,tavernes en restaurants met aanverwante;
- De aankoop en verkoop in het groot en in het klein,de import en export,de vervaardiging en bereidingen van alle producten welke kunnen beschouwd worden als aanleveringen in de horecasector,zoals kleine gerechten en snacks,dranken,ijsbereidingen,confiserie,eierbereidingen,bijhorigheden voor de horecasector en zijn inrichtingen in het algemeen;
- De catering in het algemeen of het bereiden van bovenvermelde voor derden in het algemeen;
- Het uitbaten en laten uitbaten van horeca- en traiteurdienst;
- Het organiseren van allerlei evenementen welke nuttig kunnen zijn voor het hierboven vermelde;
- Het ter beschikking stellen van uitbatingsruimten;
- Het management en de organisatie van activiteiten in de entertainmentindustrie,waarmee niet beperkend wordt bedoeld: de industrie die zich op gelijk welke wijze inlaat met alle aspecten van muziek,film,theater,dans,amusement,literatuur,televisie,video,publiciteit en alle intellectuele rechten dienaangaande.
- Met activiteiten wordt,niet beperkend,bedoeld elke vorm van dienst,service,en/of verbintenis in om het even welke hoedanigheid,persoonlijk of collectief,weze het als performer,opnameartiest,acteur,schrijver,uitgever,muzikant,zanger,componist,auteur,artistiek designer of producer;
- Het produceren van radio- en televisieprogramma's,geluids- en video opnames;
- Het produceren van software-paketten;
- Het muzikaal verzorgen van feesten en fuiven,zowel publiek als privé.
- Het reinigen en onderhoud van openbare- en private gebouwen en ruitenwasserij.
- Onderneming voor het reinigen en ontsmetten van openbare- en private bedrijfsgebouwen,kantoorgebouwen,woongelegenheden,lokalen,meubels,stoffen en allerhande voorwerpen.
- De uitbating van een strijkdienst.
- Het opnemen van bestuurdersmandaten in- en het optreden als adviseur bij alle mogelijke ondernemingen en vennootschappen,en verder alle verrichtingen die behoren tot de activiteit van een zogenaamde houdstermaatschappij en dit alles zowel in het binnenland als in het buitenland.
- Het optreden als tussenpersoon in de handel (commissionair) en het uitgeven van literaire en technische werken inzake voornoemde activiteiten.
- Het verzorgen en organiseren van seminaries en lezingen inzake voornoemde activiteiten.
- Het verstrekken van consultancy (management advies) in het kader van human resources,management en bedrijfsvoering.
- Bovengenoemde opsommingen zijn niet beperkend doch enkel aanwijzend.
- De vennootschap mag om het even welke commerciële,industriële,immobiliën of financiële verrichtingen doen die rechtstreeks of onrechtstreeks in verband staan met dit voorwerp.
- Zij zal haar voorwerp nastreven in België zowel als in het buitenland op allerlei wijzen en volgens de modaliteiten die haar het best geschikt lijken.
- Zij zal deel mogen nemen aan de bedrijvigheden van andere vennootschappen met hetzelfde,gelijkaardige of verwant voorwerp,en dit door inbreng-,versmelting,borgstelling of hoe dan ook.
- Het verstrekken van garanties en/of andere zekerheden jegens derden voor eigen verplichtingen en/of voor verplichtingen van derden.
- De vennootschap zal ook mogen optreden als bestuurder of als adviseur bij vennootschappen.
- Het verrichten van alle handelingen die met het voorgaande in de ruimste zin verband houden of daartoe bevorderlijk kunnen zijn.
Invoicing and payment
VAT number
BE 0807.405.432
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0807.405.432
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 19:00
deed of 08-01-2024 (in Dutch)Sites & property
Location
Buildings and parcels at the addresses
Ground area
1,123 m²
Building footprint
223 m²
Building volume
2,263 m³
Tallest building: 19.0 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 42021C0499/00E000 | Flanders | 898 m² | 1 · 106 m² | 19.0 m · 5 |
| 41039B0301/00M000 | Flanders | 226 m² | 1 · 117 m² | 6.3 m · 2 |