HAKAN
ActiveSummary
HAKAN has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €697k and a net result of €110k. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 50% of 9624 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability76▼-4
Solvency63▼-37
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 5.09 in 2023; short-term debt: 29.3% and cash: 19.8% of total assets), but 61.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
4 d early
2022
31 d early
2021
31 d early
2020
32 d early
2019
32 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€697k▲ 18.7%
2023 · €587k
2018: €285klowest in 7 years
2019: €337k▲ +18.0% vs 2018
2020: €410k▲ +21.9% vs 2019
2021: €453k▲ +10.5% vs 2020
2022: €523k▲ +15.3% vs 2021
2023: €587k▲ +12.3% vs 2022
2024: €697k▲ +18.7% vs 2023highest in 7 years
2018 → 2024
Total assets
€1.82M▲ 151%
2023 · €725k
2018: €485klowest in 7 years
2019: €536k▲ +10.5% vs 2018
2020: €635k▲ +18.3% vs 2019
2021: €577k▼ -9.1% vs 2020
2022: €694k▲ +20.4% vs 2021
2023: €725k▲ +4.4% vs 2022
2024: €1.82M▲ +151% vs 2023highest in 7 years
2018 → 2024
Net result
€110k▲ 70.7%
2023 · €64k
2018: €58k
2019: €51k▼ -11.4% vs 2018
2020: €74k▲ +43.5% vs 2019
2021: €43k▼ -41.7% vs 2020lowest in 7 years
2022: €69k▲ +61.5% vs 2021
2023: €64k▼ -7.2% vs 2022
2024: €110k▲ +70.7% vs 2023highest in 7 years
2018 → 2024
Working capital
€380k▼ 32.7%
2023 · €565k
2018: €298klowest in 7 years
2019: €371k▲ +24.2% vs 2018
2020: €412k▲ +11.2% vs 2019
2021: €448k▲ +8.7% vs 2020
2022: €520k▲ +16.1% vs 2021
2023: €565k▲ +8.6% vs 2022highest in 7 years
2024: €380k▼ -32.7% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€410k-€453k▲ 10.5%€523k▲ 15.3%€587k▲ 12.3%€697k▲ 18.7%
2020: €410klowest in 5 years
2021: €453k▲ +10.5% vs 2020
2022: €523k▲ +15.3% vs 2021
2023: €587k▲ +12.3% vs 2022
2024: €697k▲ +18.7% vs 2023highest in 5 years
Operating result€110k-€68k▼ 38.4%€100k▲ 47.6%€93k▼ 6.7%€153k▲ 64.4%
2020: €110k
2021: €68k▼ -38.4% vs 2020lowest in 5 years
2022: €100k▲ +47.6% vs 2021
2023: €93k▼ -6.7% vs 2022
2024: €153k▲ +64.4% vs 2023highest in 5 years
Net result€74k-€43k▼ 41.7%€69k▲ 61.5%€64k▼ 7.2%€110k▲ 70.7%
2020: €74k
2021: €43k▼ -41.7% vs 2020lowest in 5 years
2022: €69k▲ +61.5% vs 2021
2023: €64k▼ -7.2% vs 2022
2024: €110k▲ +70.7% vs 2023highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 64% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.82M
Fixed assets
€906k ▲ 3,917%
Current assets
€912k ▲ 29.7%
Equity and liabilities €1.82M
Equity
€697k ▲ 18.7%
Debt
€1.12M ▲ 711%
Debt's share of the balance-sheet total rises from 19.0% to 61.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€159k▲
2023 · €97k
Cash flow
€116k▲
2023 · €69k
Current ratio
1.71▼
2023 · 5.09
Quick ratio
1.06▼
2023 · 1.10
Debt to equity
1.61▲
2023 · 0.24
ROE
15.8%▲
2023 · 11.0%
ROA
6.1%▼
2023 · 8.9%
Interest coverage
14.66▼
2023 · 42.41
Debt ≤ 1 year
€532k▲
2023 · €138k
Debt > 1 year
€588k
Income taxes
€32k▲
2023 · €28k
Staff costs
€95k▼
2023 · €97k
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 · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€725k€1.82M▲
Fixed assets21/28€23k€906k▲
Intangible fixed assets21-€0
Tangible fixed assets22/27€22k€905k▲
Land and buildings22-€390k
Plant, machinery and equipment23€14k€12k▼
Furniture and vehicles24€2k€2k▼
Other tangible fixed assets26€6k€6k▼
Assets under construction and advance payments27-€496k
Financial fixed assets28€496€496=
Current assets29/58€703k€912k▲
Stocks and contracts in progress3€551k€351k▼
Stocks30/36€551k€351k▼
Amounts receivable within one year40/41€60k€201k▲
Trade receivables40€45k€55k▲
Other amounts receivable41€15k€146k▲
Cash at bank and in hand54/58€92k€360k▲
Equity and liabilities
Total equity and liabilities10/49€725k€1.82M▲
Equity10/15€587k€697k▲
Contributions10/11€53k€53k=
Reserves13€534k€644k▲
Distributable reserves133€534k€644k▲
Amounts payable17/49€138k€1.12M▲
Amounts payable after more than one year17-€588k
Financial debts170/4-€588k
Amounts payable within one year42/48€138k€532k▲
Current portion of amounts payable after more than one year42€11k€3k▼
Trade debts44€79k€411k▲
Suppliers440/4€79k€411k▲
Taxes, remuneration and social security45€48k€36k▼
Taxes450/3€33k€22k▼
Remuneration and social security454/9€15k€14k▼
Other amounts payable47/48-€81k
Income statement
Code20232024
Remuneration, social security and pensions62€97k€95k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€2k€6k▲
Gross operating margin9900€196k€260k▲
Operating profit (loss)9901€93k€153k▲
Financial income75/76B€2k€31▼
Recurring financial income75€457€31▼
Non-recurring financial income76B€1k-
Financial charges65/66B€2k€11k▲
Recurring financial charges65€2k€11k▲
Profit (loss) for the period before taxes9903€93k€142k▲
Income taxes67/77€28k€32k▲
Profit (loss) for the period9904€64k€110k▲
Profit (loss) for the period to be appropriated9905€64k€110k▲
Appropriation of the result
Profit (loss) to be appropriated9906€64k€110k▲
Transfer to equity691/2€64k€110k▲
To other reserves6921€64k€110k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €73k | €84k | €97k | €95k | ▼ 1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €4k | €4k | €4k | €6k | ▲ 33.0% |
| Other operating charges640/8 | - | €2k | €3k | €2k | €6k | ▲ 223% |
| Gross operating margin9900 | €139k | €147k | €191k | €196k | €260k | ▲ 32.7% |
| Operating profit (loss)9901 | €110k | €68k | €100k | €93k | €153k | ▲ 64.4% |
| Financial income75/76B | - | €0 | €6 | €2k | €31 | ▼ 98.2% |
| Recurring financial income75 | - | €0 | €6 | €457 | €31 | ▼ 93.2% |
| Non-recurring financial income76B | - | - | - | €1k | - | - |
| Financial charges65/66B | - | €2k | €2k | €2k | €11k | ▲ 372% |
| Recurring financial charges65 | €2k | €2k | €2k | €2k | €11k | ▲ 372% |
| Non-recurring financial charges66B | - | €341 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €108k | €66k | €98k | €93k | €142k | ▲ 53.7% |
| Income taxes67/77 | €34k | €23k | €29k | €28k | €32k | ▲ 15.0% |
| Profit (loss) for the period9904 | €74k | €43k | €69k | €64k | €110k | ▲ 70.7% |
| Profit (loss) for the period to be appropriated9905 | €74k | €43k | €69k | €64k | €110k | ▲ 70.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €635k | €577k | €694k | €725k | €1.82M | ▲ 151% |
| Fixed assets21/28 | €25k | €23k | €20k | €23k | €906k | ▲ 3,917% |
| Intangible fixed assets21 | - | - | - | - | €0 | - |
| Tangible fixed assets22/27 | €25k | €22k | €20k | €22k | €905k | ▲ 4,005% |
| Land and buildings22 | - | - | - | - | €390k | - |
| Plant, machinery and equipment23 | - | €18k | €16k | €14k | €12k | ▼ 14.8% |
| Furniture and vehicles24 | - | €3k | €1k | €2k | €2k | ▼ 2.2% |
| Other tangible fixed assets26 | - | €2k | €3k | €6k | €6k | ▼ 11.9% |
| Assets under construction and advance payments27 | - | - | - | - | €496k | - |
| Financial fixed assets28 | €496 | €496 | €496 | €496 | €496 | = |
| Current assets29/58 | €609k | €554k | €674k | €703k | €912k | ▲ 29.7% |
| Stocks and contracts in progress3 | €476k | €469k | €554k | €551k | €351k | ▼ 36.4% |
| Stocks30/36 | - | €469k | €554k | €551k | €351k | ▼ 36.4% |
| Amounts receivable within one year40/41 | €45k | €52k | €77k | €60k | €201k | ▲ 234% |
| Trade receivables40 | - | €37k | €62k | €45k | €55k | ▲ 22.4% |
| Other amounts receivable41 | - | €15k | €14k | €15k | €146k | ▲ 845% |
| Cash at bank and in hand54/58 | €86k | €33k | €43k | €92k | €360k | ▲ 292% |
| Deferred charges and accrued income490/1 | - | €1k | €1k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €635k | €577k | €694k | €725k | €1.82M | ▲ 151% |
| Equity10/15 | €410k | €453k | €523k | €587k | €697k | ▲ 18.7% |
| Contributions10/11 | - | €53k | €53k | €53k | €53k | = |
| Reserves13 | €357k | €400k | €470k | €534k | €644k | ▲ 20.6% |
| Distributable reserves133 | - | €400k | €470k | €534k | €644k | ▲ 20.6% |
| Profit (loss) carried forward14 | €204k | - | - | - | - | - |
| Amounts payable17/49 | €224k | €123k | €172k | €138k | €1.12M | ▲ 711% |
| Amounts payable after more than one year17 | €27k | €17k | €17k | - | €588k | - |
| Financial debts170/4 | - | €17k | €17k | - | €588k | - |
| Amounts payable within one year42/48 | €197k | €106k | €155k | €138k | €532k | ▲ 285% |
| Current portion of amounts payable after more than one year42 | - | €14k | €4k | €11k | €3k | ▼ 69.4% |
| Trade debts44 | €138k | €54k | €109k | €79k | €411k | ▲ 423% |
| Suppliers440/4 | - | €54k | €109k | €79k | €411k | ▲ 423% |
| Taxes, remuneration and social security45 | - | €38k | €42k | €48k | €36k | ▼ 25.4% |
| Taxes450/3 | - | €30k | €29k | €33k | €22k | ▼ 35.2% |
| Remuneration and social security454/9 | - | €8k | €13k | €15k | €14k | ▼ 3.5% |
| Other amounts payable47/48 | - | - | - | - | €81k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €74k | €43k | €69k | €64k | €110k | ▲ 70.7% |
| + Depreciation and write-downs630 | €1k | €4k | €4k | €4k | €6k | ▲ 33.0% |
| Operating cash flow (approximation) | €75k | €47k | €73k | €69k | €116k | ▲ 68.4% |
| Investment in fixed assets (approximation) | - | €-826 | €-1k | €-7k | €-889k | ▼ 13,280% |
| Change in cash | - | €-53k | €10k | €49k | €269k | ▲ 449% |
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
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €110k ▲70.7%
Operating result €153k, net result €110k, both a record.
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500kEq €523k ▲15.3%
5 profitable years in a row build equity to €523k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €43k ▼41.7%
Net result drops to €43k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 32 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Antwerpen · 1 establishment unit since 1987
Ground area
209 m²
Building footprint
209 m²
Volume, LiDAR
1,525 m³
Parcel 11003A0122/00S005, Flanders · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Hakan doe-het-zelf
since 19872.030.536.038
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003A0122/00S005 | Flanders | 209 m² | 1 · 209 m² | 11.8 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.
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Of 1,719 companies in sector 47521 we hold annual accounts for 1,287. 986 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-10-1987
Fiscal year end31-12
Activities, NACEBEL 2025
47521Retail sale of hardware, building materials, paint and glass (general range)
47120Other non-specialised retail sale
Scores and ratios are computed by Checked and are not a credit decision.