Hadep
ActiveSummary
Hadep has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.01M and a net result of €101k. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 71% of 392 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability65=
Solvency88▲+10
Growth66▼-1
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.18 in 2024; short-term debt: 36.8% of total assets), and 37.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
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
62.6%
Return on assets
6.2%
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
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
22 d early
2023
21 d early
2022
34 d early
2021
44 d early
2020
52 d early
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€3.10M▲ 0.5%
2024 · €3.08M
2018: €2.49M
2019: €2.60M▲ +4.6% vs 2018
2020: €2.38M▼ -8.7% vs 2019lowest in 8 years
2021: €2.51M▲ +5.6% vs 2020
2022: €2.81M▲ +12.0% vs 2021
2023: €2.97M▲ +5.5% vs 2022
2024: €3.08M▲ +4.0% vs 2023
2025: €3.10M▲ +0.5% vs 2024highest in 8 years
2018 → 2025
EBIT margin
4.8%▼ 0.1pp
2024 · 4.9%
2018: -0.5%lowest in 8 years
2019: 2.3%▲ +601% vs 2018
2020: 3.7%▲ +62.5% vs 2019
2021: 4.8%▲ +29.5% vs 2020
2022: 4.8%▲ +0.5% vs 2021
2023: 5.0%▲ +3.3% vs 2022highest in 8 years
2024: 4.9%▼ -0.5% vs 2023
2025: 4.8%▼ -2.7% vs 2024
2018 → 2025
Net result
€101k▼ 1.6%
2024 · €103k
2018: €32k
2019: €31k▼ -1.2% vs 2018lowest in 8 years
2020: €61k▲ +94.5% vs 2019
2021: €85k▲ +39.9% vs 2020
2022: €96k▲ +12.9% vs 2021
2023: €97k▲ +1.4% vs 2022
2024: €103k▲ +5.2% vs 2023highest in 8 years
2025: €101k▼ -1.6% vs 2024
2018 → 2025
Working capital
€223k▲ 59.1%
2024 · €140k
2018: €-280klowest in 8 years
2019: €-235k▲ +16.1% vs 2018
2020: €-191k▲ +18.9% vs 2019
2021: €-198k▼ -3.7% vs 2020
2022: €-84k▲ +57.3% vs 2021
2023: €26k▲ +131% vs 2022
2024: €140k▲ +431% vs 2023
2025: €223k▲ +59.1% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.51M-€2.81M▲ 12.0%€2.97M▲ 5.5%€3.08M▲ 4.0%€3.10M▲ 0.5%
2021: €2.51Mlowest in 5 years
2022: €2.81M▲ +12.0% vs 2021
2023: €2.97M▲ +5.5% vs 2022
2024: €3.08M▲ +4.0% vs 2023
2025: €3.10M▲ +0.5% vs 2024highest in 5 years
Equity€616k-€712k▲ 15.6%€809k▲ 13.7%€912k▲ 12.7%€1.01M▲ 11.1%
2021: €616klowest in 5 years
2022: €712k▲ +15.6% vs 2021
2023: €809k▲ +13.7% vs 2022
2024: €912k▲ +12.7% vs 2023
2025: €1.01M▲ +11.1% vs 2024highest in 5 years
Operating result€120k-€135k▲ 12.6%€147k▲ 9.0%€152k▲ 3.5%€149k▼ 2.2%
2021: €120klowest in 5 years
2022: €135k▲ +12.6% vs 2021
2023: €147k▲ +9.0% vs 2022
2024: €152k▲ +3.5% vs 2023highest in 5 years
2025: €149k▼ -2.2% vs 2024
Net result€85k-€96k▲ 12.9%€97k▲ 1.4%€103k▲ 5.2%€101k▼ 1.6%
2021: €85klowest in 5 years
2022: €96k▲ +12.9% vs 2021
2023: €97k▲ +1.4% vs 2022
2024: €103k▲ +5.2% vs 2023highest in 5 years
2025: €101k▼ -1.6% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.62M
Fixed assets
€799k ▲ 0.9%
Current assets
€819k ▼ 12.2%
Equity and liabilities €1.62M
Equity
€1.01M ▲ 11.1%
Debt
€605k ▼ 25.6%
Debt's share of the balance-sheet total falls from 47.1% to 37.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€173k▼
2024 · €175k
Cash flow
€125k▼
2024 · €125k
Current ratio
1.37▲
2024 · 1.18
Quick ratio
0.53▼
2024 · 0.63
Debt to equity
0.60▼
2024 · 0.89
ROE
10.0%▼
2024 · 11.2%
ROA
6.2%▲
2024 · 5.9%
Interest coverage
60.89▲
2024 · 28.34
Debt ≤ 1 year
€596k▼
2024 · €792k
Income taxes
€45k▲
2024 · €43k
Staff costs
€1.38M▲
2024 · €1.22M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 69 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.72M€1.62M▼
Formation expenses20€0€0=
Fixed assets21/28€792k€799k▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€111k€117k▲
Plant, machinery and equipment23€105k€98k▼
Furniture and vehicles24€5k€19k▲
Financial fixed assets28€681k€681k=
Other financial fixed assets284/8€681k€681k=
Shares284€681k€681k=
Current assets29/58€933k€819k▼
Stocks and contracts in progress3€433k€505k▲
Stocks30/36€433k€505k▲
Raw materials and consumables30/31€433k€505k▲
Amounts receivable within one year40/41€495k€305k▼
Trade receivables40€2k€29k▲
Other amounts receivable41€494k€275k▼
Deferred charges and accrued income490/1€4k€9k▲
Equity and liabilities
Total equity and liabilities10/49€1.72M€1.62M▼
Equity10/15€912k€1.01M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€25k€951k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€4k€4k=
Distributable reserves133€15k€941k▲
Profit (loss) carried forward14€825k-
Amounts payable17/49€813k€605k▼
Amounts payable within one year42/48€792k€596k▼
Trade debts44€264k€279k▲
Suppliers440/4€264k€279k▲
Taxes, remuneration and social security45€349k€297k▼
Taxes450/3€178k€93k▼
Remuneration and social security454/9€171k€204k▲
Other amounts payable47/48€179k€19k▼
Accrued charges and deferred income492/3€20k€9k▼
Income statement
Code20242025
Operating income70/76A€3.11M€3.12M▲
Turnover70€3.08M€3.10M▲
Other operating income74€22k€25k▲
Operating charges60/66A€2.95M€2.98M▲
Goods for resale, raw materials and consumables60€1.09M€977k▼
Purchases600/8€1.17M€1.05M▼
Change in stocks: decrease (increase)609€-78k€-71k▲
Services and other goods61€613k€587k▼
Remuneration, social security and pensions62€1.22M€1.38M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€24k▲
Other operating charges640/8€7k€9k▲
Non-recurring operating charges66A€123-
Operating profit (loss)9901€152k€149k▼
Financial income75/76B€2-
Recurring financial income75€2-
Other financial income752/9€2-
Financial charges65/66B€7k€3k▼
Recurring financial charges65€7k€3k▼
Debt charges650€6k€3k▼
Other financial charges652/9€622€664▲
Profit (loss) for the period before taxes9903€145k€145k=
Income taxes67/77€43k€45k▲
Taxes670/3€44k€45k▲
Tax adjustments and reversals of tax provisions77€624€0▼
Profit (loss) for the period9904€103k€101k▼
Profit (loss) for the period to be appropriated9905€103k€101k▼
Appropriation of the result
Profit (loss) to be appropriated9906€825k€926k▲
Profit (loss) brought forward from the previous period14P€722k€825k▲
Transfer to equity691/2-€926k
To other reserves6921-€926k
Social balance
Average headcount (FTE)908716.518.1▲
The notes to these accounts (37 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €2.56M | €2.83M | €3.00M | €3.11M | €3.12M | ▲ 0.6% |
| Turnover70 | €2.51M | €2.81M | €2.97M | €3.08M | €3.10M | ▲ 0.5% |
| Other operating income74 | €50k | €20k | €35k | €22k | €25k | ▲ 13.7% |
| Operating charges60/66A | €2.44M | €2.70M | €2.85M | €2.95M | €2.98M | ▲ 0.7% |
| Goods for resale, raw materials and consumables60 | €1.07M | €1.17M | €1.15M | €1.09M | €977k | ▼ 10.3% |
| Purchases600/8 | €1.13M | €1.14M | €1.12M | €1.17M | €1.05M | ▼ 10.2% |
| Change in stocks: decrease (increase)609 | €-58k | €32k | €36k | €-78k | €-71k | ▲ 8.8% |
| Services and other goods61 | €367k | €518k | €468k | €613k | €587k | ▼ 4.2% |
| Remuneration, social security and pensions62 | €980k | €973k | €1.20M | €1.22M | €1.38M | ▲ 12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19k | €27k | €25k | €23k | €24k | ▲ 4.5% |
| Other operating charges640/8 | €6k | €6k | €6k | €7k | €9k | ▲ 19.8% |
| Non-recurring operating charges66A | - | - | - | €123 | - | - |
| Operating profit (loss)9901 | €120k | €135k | €147k | €152k | €149k | ▼ 2.2% |
| Financial income75/76B | €0 | - | - | €2 | - | - |
| Recurring financial income75 | €0 | - | - | €2 | - | - |
| Other financial income752/9 | €0 | - | - | €2 | - | - |
| Financial charges65/66B | €2k | €2k | €7k | €7k | €3k | ▼ 48.5% |
| Recurring financial charges65 | €2k | €2k | €7k | €7k | €3k | ▼ 48.5% |
| Debt charges650 | €2k | €780 | €6k | €6k | €3k | ▼ 54.1% |
| Other financial charges652/9 | €414 | €945 | €649 | €622 | €664 | ▲ 6.8% |
| Profit (loss) for the period before taxes9903 | €118k | €133k | €140k | €145k | €145k | = |
| Income taxes67/77 | €33k | €37k | €43k | €43k | €45k | ▲ 3.7% |
| Taxes670/3 | €33k | €37k | €43k | €44k | €45k | ▲ 2.2% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €624 | €0 | ▼ 100.0% |
| Profit (loss) for the period9904 | €85k | €96k | €97k | €103k | €101k | ▼ 1.6% |
| Profit (loss) for the period to be appropriated9905 | €85k | €96k | €97k | €103k | €101k | ▼ 1.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.69M | €1.73M | €1.56M | €1.72M | €1.62M | ▼ 6.2% |
| Formation expenses20 | - | - | €0 | €0 | €0 | - |
| Fixed assets21/28 | €822k | €807k | €790k | €792k | €799k | ▲ 0.9% |
| Intangible fixed assets21 | - | - | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €140k | €126k | €108k | €111k | €117k | ▲ 6.2% |
| Plant, machinery and equipment23 | €116k | €109k | €100k | €105k | €98k | ▼ 6.6% |
| Furniture and vehicles24 | €24k | €17k | €9k | €5k | €19k | ▲ 259% |
| Financial fixed assets28 | €681k | €681k | €681k | €681k | €681k | = |
| Other financial fixed assets284/8 | €681k | €681k | €681k | €681k | €681k | = |
| Shares284 | €681k | €681k | €681k | €681k | €681k | = |
| Current assets29/58 | €871k | €921k | €766k | €933k | €819k | ▼ 12.2% |
| Stocks and contracts in progress3 | €423k | €391k | €355k | €433k | €505k | ▲ 16.5% |
| Stocks30/36 | €423k | €391k | €355k | €433k | €505k | ▲ 16.5% |
| Raw materials and consumables30/31 | €423k | €391k | €355k | €433k | €505k | ▲ 16.5% |
| Amounts receivable within one year40/41 | €446k | €528k | €411k | €495k | €305k | ▼ 38.5% |
| Trade receivables40 | €2k | €1k | €484 | €2k | €29k | ▲ 1,435% |
| Other amounts receivable41 | €444k | €527k | €410k | €494k | €275k | ▼ 44.2% |
| Deferred charges and accrued income490/1 | €3k | €2k | €979 | €4k | €9k | ▲ 136% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.69M | €1.73M | €1.56M | €1.72M | €1.62M | ▼ 6.2% |
| Equity10/15 | €616k | €712k | €809k | €912k | €1.01M | ▲ 11.1% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €25k | €25k | €25k | €25k | €951k | ▲ 3,666% |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | €4k | €4k | €4k | €4k | €4k | = |
| Distributable reserves133 | €15k | €15k | €15k | €15k | €941k | ▲ 6,204% |
| Profit (loss) carried forward14 | €529k | €625k | €722k | €825k | - | - |
| Amounts payable17/49 | €1.08M | €1.02M | €747k | €813k | €605k | ▼ 25.6% |
| Amounts payable within one year42/48 | €1.07M | €1.01M | €740k | €792k | €596k | ▼ 24.8% |
| Trade debts44 | €199k | €262k | €278k | €264k | €279k | ▲ 5.7% |
| Suppliers440/4 | €199k | €262k | €278k | €264k | €279k | ▲ 5.7% |
| Taxes, remuneration and social security45 | €161k | €232k | €321k | €349k | €297k | ▼ 14.9% |
| Taxes450/3 | €40k | €110k | €126k | €178k | €93k | ▼ 48.0% |
| Remuneration and social security454/9 | €122k | €122k | €195k | €171k | €204k | ▲ 19.5% |
| Other amounts payable47/48 | €709k | €511k | €141k | €179k | €19k | ▼ 89.2% |
| Accrued charges and deferred income492/3 | €8k | €11k | €7k | €20k | €9k | ▼ 55.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €85k | €96k | €97k | €103k | €101k | ▼ 1.6% |
| + Depreciation and write-downs630 | €19k | €27k | €25k | €23k | €24k | ▲ 4.5% |
| Operating cash flow (approximation) | €104k | €123k | €122k | €125k | €125k | ▼ 0.5% |
| Investment in fixed assets (approximation) | - | €-13k | €-7k | €-25k | €-31k | ▼ 23.1% |
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
Next filing, fiscal year 2026, expected by
2026
09-09
State Gazette act
Reappointment: InfraMobility (sole director)Permanent representatives: Joris Larosse and Bruno Humblet · Resignations: Patrick Bral (day-to-day manager) and Boris Ploum (day-to-day manager) · Appointments: Boris Ploum (day-to-day manager) and Karolien Hulsbosch (day-to-day manager)10 facts ▸
State Gazette act
Reappointment: InfraMobility (sole director)
Permanent representatives: Joris Larosse and Bruno Humblet · Resignations: Patrick Bral (day-to-day manager) and Boris Ploum (day-to-day manager) · Appointments: Boris Ploum (day-to-day manager) and Karolien Hulsbosch (day-to-day manager)10 facts ▸
- Director reappointment, InfraMobility (sole director)
- Permanent representative, Joris Larosse (permanent representative)
- Permanent representative, Bruno Humblet (plaatsvervangende vaste vertegenwoordiger)
- Director resignation, Patrick Bral (day-to-day manager)
- Director appointment, Boris Ploum (day-to-day manager)
- Power of attorney, Boris Ploum
- Power of attorney, Boris Ploum
- Director resignation, Boris Ploum (day-to-day manager)
- Director appointment, Karolien Hulsbosch (day-to-day manager)
- Power of attorney, Karolien Hulsbosch
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €1MEq €1.01M ▲11.1%
8 profitable years in a row build equity to €1.01M.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €103k ▲5.2%
Operating result €152k, net result €103k, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €500kEq €531k ▲13%
3 profitable years in a row build equity to €531k.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €31k ▼1.2%
Net result drops to €31k, the lowest in the series; recovery starts the following year.
Show earlier events
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 16 acts read
About the unread acts
Of the 16 Belgian State Gazette acts we know for this company, 1 has been read. The other 15 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2026
Karolien Hulsbosch
CurrentDay-to-day manager · since 01-01-2026
InfraMobility
CurrentSole director · since 16-06-2025 · Legal entity
01-01-2026
Karolien Hulsbosch: Appointed as Day-to-day manager
04-11-2025
Boris Ploum: Reappointed as Day-to-day manager
16-06-2025
InfraMobility: Mandate renewed as Sole director
02-12-2024
Patrick Bral: Resigned as Day-to-day manager
Not every act has been read: a resignation may be missing here
15 of this company's 16 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1977
Ground area
1.4 ha
Building footprint
1.3 ha
Volume, LiDAR
97,265 m³
Parcel 11807G2126/00S000, Flanders · tallest building 13.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
HADEP NV
since 19772.012.978.246
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G2126/00S000 | Flanders | 1.4 ha | 1 · 1.3 ha | 13.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 479 EUR awarded · 479 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 479 EUR | 479 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
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Identification & contact
Identification
Legal formPublic limited company
Founded15-09-1976
Fiscal year end31-12
Activities, NACEBEL 2025
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
46720Wholesale of motor vehicle parts and accessories
Scores and ratios are computed by Checked and are not a credit decision.