HAMAFA
ActiveHAMAFA has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €662k and a net result of €166k. Equity is growing by ~26.8% per year across the filed fiscal years. Its solvency ranks better than 44% of 623 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+2
Solvency61▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.73 against 1.68 in 2024; short-term debt: 18.5% and cash: 5.2% of total assets), and 63.7% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← 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
36.3%
Return on assets
9.1%
Age of the figures
9 mo
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
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
36 d early
2023
43 d early
2022
25 d late
2021
39 d early
2020
39 d early
2019
9 d early
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€662k▼ 11.2%
2024 · €746k
2018: €27k
2019: €36k
2020: €170k
2021: €375k
2022: €526k
2023: €637k
2024: €746k
2018 → 2025
Total assets
€1.82M▲ 0.7%
2024 · €1.81M
2018: €40k
2019: €1.57M
2020: €1.67M
2021: €1.78M
2022: €1.80M
2023: €1.80M
2024: €1.81M
2018 → 2025
Net result
€166k▲ 21.1%
2024 · €137k
2018: €9k
2019: €9k
2020: €134k
2021: €205k
2022: €151k
2023: €111k
2024: €137k
2018 → 2025
Working capital
€-93k
2024 · €96k
2018: €24k
2019: €-65k
2020: €-92k
2021: €13k
2022: €77k
2023: €91k
2024: €96k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€375k-€526k▲ 40.3%€637k▲ 21.1%€746k▲ 17.0%€662k▼ 11.2%
Operating result€287k-€210k▼ 26.6%€158k▼ 25.1%€190k▲ 20.3%€172k▼ 9.2%
Net result€205k-€151k▼ 26.2%€111k▼ 26.4%€137k▲ 23.4%€166k▲ 21.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.82M
Fixed assets
€1.58M▲ 0.3%
Current assets
€245k▲ 3.7%
Equity and liabilities €1.82M
Equity
€662k▼ 11.2%
Debt
€1.16M▲ 9.1%
The debt ratio rises from 58.8% to 63.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€174k▼
2024 · €191k
Cash flow
€168k▲
2024 · €138k
Solvency
36.3%▼
2024 · 41.2%
Current ratio
0.73▼
2024 · 1.68
Quick ratio
0.73▼
2024 · 1.68
Debt / equity
1.75▲
2024 · 1.43
ROE
25.1%▲
2024 · 18.4%
ROA
9.1%▲
2024 · 7.6%
Interest coverage
14.90▼
2024 · 15.37
Debt
€1.16M▲
2024 · €1.06M
Debt ≤ 1 year
€338k▲
2024 · €140k
Debt > 1 year
€819k▼
2024 · €920k
Income taxes
€36k▼
2024 · €40k
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€1.81M€1.82M▲
Fixed assets21/28€1.57M€1.58M▲
Tangible fixed assets22/27€2k€6k▲
Plant, machinery and equipment23€945€4k▲
Furniture and vehicles24€822€2k▲
Financial fixed assets28€1.57M€1.57M=
Current assets29/58€236k€245k▲
Amounts receivable within one year40/41€108k€148k▲
Trade receivables40€16k€25k▲
Other amounts receivable41€92k€123k▲
Cash at bank and in hand54/58€128k€96k▼
Deferred charges and accrued income490/1€385€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.81M€1.82M▲
Equity10/15€746k€662k▼
Contributions10/11€6k€6k=
Reserves13€740k€656k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€740k€656k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.06M€1.16M▲
Amounts payable after more than one year17€920k€819k▼
Financial debts170/4€920k€819k▼
Amounts payable within one year42/48€140k€338k▲
Current portion of amounts payable after more than one year42€99k€101k▲
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€9k€10k▲
Taxes450/3€9k€10k▲
Other amounts payable47/48€28k€226k▲
Accrued charges and deferred income492/3€3k€3k▼
Income statement
Code20242025
Non-recurring operating income76A-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€912€1k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€192k€175k▼
Operating profit (loss)9901€190k€172k▼
Financial income75/76B€28€42k▲
Recurring financial income75€28€42k▲
Financial charges65/66B€12k€12k▼
Recurring financial charges65€12k€12k▼
Profit (loss) for the period before taxes9903€177k€203k▲
Income taxes67/77€40k€36k▼
Profit (loss) for the period9904€137k€166k▲
Profit (loss) for the period to be appropriated9905€137k€166k▲
Appropriation of the result
Profit (loss) to be appropriated9906€137k€166k▲
Transfer from equity791/2€8k€250k▲
Transfer to equity691/2€117k€166k▲
To other reserves6921€117k€166k▲
Profit to be distributed694/7€29k€250k▲
Return on contributions (dividend)694€28k€250k▲
Directors or managers695€400€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (15 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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 25 days late
2022
31-12
Financial
Equity above €500kEq €526k ▲40.3%
5 profitable years in a row build equity to €526k.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €205k ▲52.5%
Operating result €287k, net result €205k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.07
Current ratio from 0.52 to 1.07; short-term debt falls from €191k to €190k.
31-12
Financial
Equity above €200kEq €375k ▲120%
4 profitable years in a row build equity to €375k.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €170k ▲370%
3 profitable years in a row build equity to €170k.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lummen · 1 establishment unit since 2014
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.
St.-Sebastiaanstraat 273560 LummenGround area
511 m²
Building footprint
125 m²
Volume, LiDAR
725 m³
Parcel 71037C0137/00D000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HAMAFA
since 20142.236.095.567
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71037C0137/00D000 | Flanders | 510 m² | 1 · 125 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 888 companies in sector 74991 we hold annual accounts for 316. 160 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-10-2014
Fiscal year end31-12
Activities, NACEBEL
74901Other professional, scientific and technical activities
74991Agents and managers of artists, athletes and other public figures
90201Performing arts by independent artists
90202Performing arts by artistic ensembles
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.