Hamalin
ActiveSummary
Hamalin has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €248,563 and a net result of -€3,259. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 95% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▲+33
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 7.47 against 6.49 in 2024; short-term debt: 8.6% and cash: 6.2% of total assets), and 8.6% of the assets are financed with debt.
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Signals
Five 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 →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18202122232425
2018 to 2025 · latest year -€3,259
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
29 d late
2023
19 d late
2022
32 d late
2021
31 d late
2020
31 d late
2018
61 d late
← 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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#3 oldest company in Lincent
Turnover
€80,668
EBIT margin
29.0%
Net result
-€3,259▲ 82.7%
2024 · -€18,863
Working capital
€150,565▲ 2.3%
2024 · €147,191
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€1,694€40,536▲ 2,293%-€19,778-€18,279▲ 7.6%-€2,724▲ 85.1%
Net result€2,871€37,010▲ 1,189%-€15,410-€18,863▼ 22.4%-€3,259▲ 82.7%
EBIT margin
Equity€268,671▲ 1.1%€305,680▲ 13.8%€290,270▼ 5.0%€251,822▼ 13.2%€248,563▼ 1.3%
Total assets€276,488▼ 9.8%€320,692▲ 16.0%€304,311▼ 5.1%€278,612▼ 8.4%€271,838▼ 2.4%
Debt€7,818▼ 80.8%€15,011▲ 92.0%€14,041▼ 6.5%€26,789▲ 90.8%€23,275▼ 13.1%
Working capital€107,763▼ 8.8%€161,223▲ 49.6%€165,828▲ 2.9%€147,191▼ 11.2%€150,565▲ 2.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,724 in 2025 against €18,279 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €271,838
Fixed assets
€97,998 ▼ 6.3%
Current assets
€173,840 ▼ 0.1%
Equity and liabilities €271,838
Equity
€248,563 ▼ 1.3%
Debt
€23,275 ▼ 13.1%
Debt's share of the balance-sheet total falls from 9.6% to 8.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7,509▲
2024 · €1,634
Cash flow
€6,974▲
2024 · €1,050
Current ratio
7.47▲
2024 · 6.49
Debt to equity
0.09▼
2024 · 0.11
ROE
-1.3%▲
2024 · -7.5%
ROA
-1.2%▲
2024 · -6.8%
Interest coverage
14.05▲
2024 · 2.80
Debt ≤ 1 year
€23,275▼
2024 · €26,789
Staff costs
€925▼
2024 · €2,143
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €11,246 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | €12 | €63 | €2,143 | €925 | ▼ 56.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,351 | €20,425 | €19,913 | €19,913 | €10,233 | ▼ 48.6% |
| Other operating charges640/8 | €4,542 | €4,634 | €5,030 | €5,451 | €5,391 | ▼ 1.1% |
| Gross operating margin9900 | €26,586 | €65,607 | €5,228 | €9,228 | €13,825 | ▲ 49.8% |
| Operating profit (loss)9901 | €1,694 | €40,536 | -€19,778 | -€18,279 | -€2,724 | ▲ 85.1% |
| Financial income75/76B | €1,770 | €4,204 | €5,163 | €0 | - | - |
| Recurring financial income75 | €1,770 | €4,204 | €5,163 | €0 | - | - |
| Financial charges65/66B | €593 | €640 | €795 | €584 | €535 | ▼ 8.5% |
| Recurring financial charges65 | €593 | €640 | €795 | €584 | €535 | ▼ 8.5% |
| Profit (loss) for the period before taxes9903 | €2,871 | €44,100 | -€15,410 | -€18,863 | -€3,259 | ▲ 82.7% |
| Income taxes67/77 | - | €7,090 | - | - | - | - |
| Profit (loss) for the period9904 | €2,871 | €37,010 | -€15,410 | -€18,863 | -€3,259 | ▲ 82.7% |
| Profit (loss) for the period to be appropriated9905 | €2,871 | €37,010 | -€15,410 | -€18,863 | -€3,259 | ▲ 82.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €276,488 | €320,692 | €304,311 | €278,612 | €271,838 | ▼ 2.4% |
| Fixed assets21/28 | €160,908 | €144,458 | €124,545 | €104,632 | €97,998 | ▼ 6.3% |
| Tangible fixed assets22/27 | €160,908 | €144,458 | €124,545 | €104,632 | €97,998 | ▼ 6.3% |
| Land and buildings22 | €130,519 | €124,615 | €114,623 | €104,632 | €94,637 | ▼ 9.6% |
| Plant, machinery and equipment23 | €625 | - | - | - | €3,361 | - |
| Furniture and vehicles24 | €29,764 | €19,843 | €9,921 | - | - | - |
| Current assets29/58 | €115,580 | €176,234 | €179,767 | €173,980 | €173,840 | ▼ 0.1% |
| Amounts receivable within one year40/41 | €91,409 | €143,090 | €155,099 | €154,196 | €148,592 | ▼ 3.6% |
| Trade receivables40 | €45,601 | €33,183 | €32,662 | €50,249 | €44,645 | ▼ 11.2% |
| Other amounts receivable41 | €45,807 | €109,907 | €122,437 | €103,947 | €103,947 | = |
| Current investments50/53 | €6,764 | €6,764 | €6,764 | €6,764 | €6,764 | = |
| Cash at bank and in hand54/58 | €16,053 | €24,958 | €16,411 | €11,448 | €16,744 | ▲ 46.3% |
| Deferred charges and accrued income490/1 | €1,355 | €1,422 | €1,493 | €1,572 | €1,741 | ▲ 10.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €276,488 | €320,692 | €304,311 | €278,612 | €271,838 | ▼ 2.4% |
| Equity10/15 | €268,671 | €305,680 | €290,270 | €251,822 | €248,563 | ▼ 1.3% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €26,250 | €26,250 | = |
| Outside capital11 | €20,000 | - | - | - | - | - |
| Other1109/19 | €20,000 | - | - | - | - | - |
| Reserves13 | €235,407 | €235,407 | €235,407 | €183,340 | €183,340 | = |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €2,000 | €3,860 | €3,860 | = |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €2,000 | €3,860 | €3,860 | = |
| Distributable reserves133 | €233,407 | €233,407 | €233,407 | €179,480 | €179,480 | = |
| Profit (loss) carried forward14 | €13,264 | €50,274 | €34,864 | €42,232 | €38,973 | ▼ 7.7% |
| Amounts payable17/49 | €7,818 | €15,011 | €14,041 | €26,789 | €23,275 | ▼ 13.1% |
| Amounts payable within one year42/48 | €7,818 | €15,011 | €13,939 | €26,789 | €23,275 | ▼ 13.1% |
| Trade debts44 | €6,322 | €6,928 | €13,061 | €17,556 | €9,689 | ▼ 44.8% |
| Suppliers440/4 | €6,322 | €6,928 | €13,061 | €17,556 | €9,689 | ▼ 44.8% |
| Advances received on contracts in progress46 | €353 | €353 | €353 | €7,235 | €3,960 | ▼ 45.3% |
| Taxes, remuneration and social security45 | €1,143 | €7,731 | €525 | €980 | €1,280 | ▲ 30.5% |
| Taxes450/3 | €1,143 | €7,731 | €525 | €980 | €1,280 | ▲ 30.5% |
| Other amounts payable47/48 | - | - | - | €1,018 | €8,346 | ▲ 720% |
| Accrued charges and deferred income492/3 | - | - | €102 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,871 | €37,010 | -€15,410 | -€18,863 | -€3,259 | ▲ 82.7% |
| + Depreciation and write-downs630 | €20,351 | €20,425 | €19,913 | €19,913 | €10,233 | ▼ 48.6% |
| Operating cash flow (approximation) | €23,221 | €57,435 | €4,503 | €1,050 | €6,974 | ▲ 564% |
| Investment in fixed assets (approximation) | - | -€3,975 | €0 | €0 | -€3,600 | - |
| Change in cash | - | €8,906 | -€8,548 | -€4,963 | €5,296 | ▲ 207% |
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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€18,863
Net result drops to -€18,863, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Highest result since 2018net €37,010 ▲1,189%
Operating result €40,536, net result €37,010, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €2,871
Net result €2,871 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 14.78
Current ratio from 3.90 to 14.78; short-term debt falls from €40,768 to €7,818.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Lincent · 1 establishment unit since 1982
Ground area
3,253 m²
Building footprint
88 m²
Volume, LiDAR
516 m³
Parcel 64047A0530/00V000, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Rue d'Avernas 16, 4287 Lincent
since 19822.020.981.439
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64047A0530/00V000 | Wallonia | 3,253 m² | 1 · 88 m² | 7.4 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 3,228 companies in sector 47781 we hold annual accounts for 743. 557 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 (pre-2019)
Founded29-06-1982
Fiscal year end31-12
Activities, NACEBEL 2025
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Scores and ratios are computed by Checked and are not a credit decision.