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 €249k and a net result of €-3k. 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 €19k 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 €-3k
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€81k
EBIT margin
29.0%
Net result
€-3k▲ 82.7%
2024 · €-19k
Working capital
€151k▲ 2.3%
2024 · €147k
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€2k€41k▲ 2,293%€-20k€-18k▲ 7.6%€-3k▲ 85.1%
Net result€3k€37k▲ 1,189%€-15k€-19k▼ 22.4%€-3k▲ 82.7%
EBIT margin
Equity€269k▲ 1.1%€306k▲ 13.8%€290k▼ 5.0%€252k▼ 13.2%€249k▼ 1.3%
Total assets€276k▼ 9.8%€321k▲ 16.0%€304k▼ 5.1%€279k▼ 8.4%€272k▼ 2.4%
Debt€8k▼ 80.8%€15k▲ 92.0%€14k▼ 6.5%€27k▲ 90.8%€23k▼ 13.1%
Working capital€108k▼ 8.8%€161k▲ 49.6%€166k▲ 2.9%€147k▼ 11.2%€151k▲ 2.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €18k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €272k
Fixed assets
€98k ▼ 6.3%
Current assets
€174k ▼ 0.1%
Equity and liabilities €272k
Equity
€249k ▼ 1.3%
Debt
€23k ▼ 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
€8k▲
2024 · €2k
Cash flow
€7k▲
2024 · €1k
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
€23k▼
2024 · €27k
Staff costs
€925▼
2024 · €2k
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 | €11k | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | €12 | €63 | €2k | €925 | ▼ 56.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €20k | €20k | €20k | €10k | ▼ 48.6% |
| Other operating charges640/8 | €5k | €5k | €5k | €5k | €5k | ▼ 1.1% |
| Gross operating margin9900 | €27k | €66k | €5k | €9k | €14k | ▲ 49.8% |
| Operating profit (loss)9901 | €2k | €41k | €-20k | €-18k | €-3k | ▲ 85.1% |
| Financial income75/76B | €2k | €4k | €5k | €0 | - | - |
| Recurring financial income75 | €2k | €4k | €5k | €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 | €3k | €44k | €-15k | €-19k | €-3k | ▲ 82.7% |
| Income taxes67/77 | - | €7k | - | - | - | - |
| Profit (loss) for the period9904 | €3k | €37k | €-15k | €-19k | €-3k | ▲ 82.7% |
| Profit (loss) for the period to be appropriated9905 | €3k | €37k | €-15k | €-19k | €-3k | ▲ 82.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €276k | €321k | €304k | €279k | €272k | ▼ 2.4% |
| Fixed assets21/28 | €161k | €144k | €125k | €105k | €98k | ▼ 6.3% |
| Tangible fixed assets22/27 | €161k | €144k | €125k | €105k | €98k | ▼ 6.3% |
| Land and buildings22 | €131k | €125k | €115k | €105k | €95k | ▼ 9.6% |
| Plant, machinery and equipment23 | €625 | - | - | - | €3k | - |
| Furniture and vehicles24 | €30k | €20k | €10k | - | - | - |
| Current assets29/58 | €116k | €176k | €180k | €174k | €174k | ▼ 0.1% |
| Amounts receivable within one year40/41 | €91k | €143k | €155k | €154k | €149k | ▼ 3.6% |
| Trade receivables40 | €46k | €33k | €33k | €50k | €45k | ▼ 11.2% |
| Other amounts receivable41 | €46k | €110k | €122k | €104k | €104k | = |
| Current investments50/53 | €7k | €7k | €7k | €7k | €7k | = |
| Cash at bank and in hand54/58 | €16k | €25k | €16k | €11k | €17k | ▲ 46.3% |
| Deferred charges and accrued income490/1 | €1k | €1k | €1k | €2k | €2k | ▲ 10.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €276k | €321k | €304k | €279k | €272k | ▼ 2.4% |
| Equity10/15 | €269k | €306k | €290k | €252k | €249k | ▼ 1.3% |
| Contributions10/11 | €20k | €20k | €20k | €26k | €26k | = |
| Outside capital11 | €20k | - | - | - | - | - |
| Other1109/19 | €20k | - | - | - | - | - |
| Reserves13 | €235k | €235k | €235k | €183k | €183k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €4k | €4k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €4k | €4k | = |
| Distributable reserves133 | €233k | €233k | €233k | €179k | €179k | = |
| Profit (loss) carried forward14 | €13k | €50k | €35k | €42k | €39k | ▼ 7.7% |
| Amounts payable17/49 | €8k | €15k | €14k | €27k | €23k | ▼ 13.1% |
| Amounts payable within one year42/48 | €8k | €15k | €14k | €27k | €23k | ▼ 13.1% |
| Trade debts44 | €6k | €7k | €13k | €18k | €10k | ▼ 44.8% |
| Suppliers440/4 | €6k | €7k | €13k | €18k | €10k | ▼ 44.8% |
| Advances received on contracts in progress46 | €353 | €353 | €353 | €7k | €4k | ▼ 45.3% |
| Taxes, remuneration and social security45 | €1k | €8k | €525 | €980 | €1k | ▲ 30.5% |
| Taxes450/3 | €1k | €8k | €525 | €980 | €1k | ▲ 30.5% |
| Other amounts payable47/48 | - | - | - | €1k | €8k | ▲ 720% |
| Accrued charges and deferred income492/3 | - | - | €102 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €37k | €-15k | €-19k | €-3k | ▲ 82.7% |
| + Depreciation and write-downs630 | €20k | €20k | €20k | €20k | €10k | ▼ 48.6% |
| Operating cash flow (approximation) | €23k | €57k | €5k | €1k | €7k | ▲ 564% |
| Investment in fixed assets (approximation) | - | €-4k | €0 | €0 | €-4k | - |
| Change in cash | - | €9k | €-9k | €-5k | €5k | ▲ 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 €-19k
Net result drops to €-19k, 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 €37k ▲1,189%
Operating result €41k, net result €37k, 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 €3k
Net result €3k 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 €41k to €8k.
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 742. 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.