Hamdard
ActiveHamdard has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €-43k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 39% of 17964 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
2
/ 100
Critical▼ -40 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-4
Solvency29▼-60
Growth42▼-11
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.94 against 1.66 in 2024), and 78.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.9%
Return on assets
-27.8%
Age of the figures
8 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€43k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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
20 d late
2024
25 d late
2023
22 d late
2022
21 d late
2021
10 d late
2020
3 d early
2019
53 d late
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€688k▲ 19.4%
2024 · €577k
2019: €428k
2020: €479k
2021: €490k
2022: €495k
2023: €530k
2024: €577k
2019 → 2025
EBIT margin
-6.5%▼ 4.6pp
2024 · -1.9%
2019: 3.6%
2020: 2.9%
2021: -1.4%
2022: 1.3%
2023: 3.4%
2024: -1.9%
2019 → 2025
Net result
€-43k▼ 163%
2024 · €-16k
2018: €1k
2019: €15k
2020: €13k
2021: €-7k
2022: €5k
2023: €16k
2024: €-16k
2018 → 2025
Working capital
€-4k
2024 · €43k
2018: €30k
2019: €52k
2020: €80k
2021: €63k
2022: €67k
2023: €83k
2024: €43k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€490k-€495k▲ 1.1%€530k▲ 7.1%€577k▲ 8.7%€688k▲ 19.4%
Equity€72k-€77k▲ 7.2%€94k▲ 21.1%€77k▼ 17.5%€34k▼ 55.9%
Operating result€-7k-€7k€18k▲ 173%€-11k€-45k▼ 309%
Net result€-7k-€5k€16k▲ 213%€-16k€-43k▼ 163%
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 stays negative: a loss of €45k in 2025 against €11k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €156k
Fixed assets
€93k▲ 171%
Current assets
€63k▼ 41.9%
Equity and liabilities €156k
Equity
€34k▼ 55.9%
Debt
€121k▲ 86.8%
The debt ratio rises from 45.7% to 78.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-37k▼
2024 · €-5k
Cash flow
€-35k▼
2024 · €-11k
Solvency
21.9%▼
2024 · 54.3%
Current ratio
0.94▼
2024 · 1.66
Quick ratio
0.48▼
2024 · 1.19
Debt / equity
3.56▲
2024 · 0.84
ROE
-126.5%▼
2024 · -21.3%
ROA
-27.8%▼
2024 · -11.6%
Debt
€121k▲
2024 · €65k
Debt ≤ 1 year
€67k▲
2024 · €65k
Debt > 1 year
€36k
Income taxes
€865▼
2024 · €5k
Staff costs
€3k▲
2024 · €1k
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€142k€156k▲
Fixed assets21/28€34k€93k▲
Intangible fixed assets21-€0
Tangible fixed assets22/27€10k€69k▲
Plant, machinery and equipment23€10k€6k▼
Furniture and vehicles24-€63k
Financial fixed assets28€24k€24k=
Current assets29/58€108k€63k▼
Stocks and contracts in progress3€31k€31k=
Stocks30/36€31k€31k=
Amounts receivable within one year40/41€16k€22k▲
Trade receivables40-€19k
Other amounts receivable41€16k€3k▼
Cash at bank and in hand54/58€61k€10k▼
Equity and liabilities
Total equity and liabilities10/49€142k€156k▲
Equity10/15€77k€34k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€57k€14k▼
Amounts payable17/49€65k€121k▲
Amounts payable after more than one year17-€36k
Financial debts170/4-€36k
Amounts payable within one year42/48€65k€67k▲
Current portion of amounts payable after more than one year42-€14k
Trade debts44€65k€49k▼
Suppliers440/4€65k€49k▼
Taxes, remuneration and social security45-€4k
Taxes450/3-€4k
Accrued charges and deferred income492/3-€18k
Income statement
Code20242025
Turnover70€577k€688k▲
Goods, raw materials, services and sundry goods60/61€580k€721k▲
Remuneration, social security and pensions62€1k€3k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€8k▲
Other operating charges640/8€506€2k▲
Gross operating margin9900€-4k€-32k▼
Operating profit (loss)9901€-11k€-45k▼
Financial income75/76B-€2k
Recurring financial income75-€10
Non-recurring financial income76B-€2k
Financial charges65/66B€406-
Recurring financial charges65€406-
Profit (loss) for the period before taxes9903€-11k€-42k▼
Income taxes67/77€5k€865▼
Profit (loss) for the period9904€-16k€-43k▼
Profit (loss) for the period to be appropriated9905€-16k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€57k€14k▼
Profit (loss) brought forward from the previous period14P€73k€57k▼
The notes to these accounts (9 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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Highest result since 2018net €16k ▲213%
Operating result €18k, net result €16k, both a record.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 51.99
Current ratio from 8.81 to 51.99; short-term debt falls from €8k to €1k.
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 7.33
Current ratio from 1.84 to 7.33; short-term debt falls from €35k to €8k.
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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 2013
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.
Vondelstraat 82060 AntwerpenGround area
176 m²
Building footprint
176 m²
Volume, LiDAR
1,846 m³
Parcel 11805E1286/00K006, Flanders · tallest building 16.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
HAMDARD
since 20132.224.266.418
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11805E1286/00K006 | Flanders | 176 m² | 1 · 176 m² | 16.4 m · 5 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.
Similar companies · same sector, comparable size
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Schaarbeek · Eq €34k
LIBRAIRIE ERIC PLAINEVAUX
BE 0835.815.148
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ROOSENDANS
BE 0438.919.456
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LIBRAIRIE AXEL
BE 0453.687.905
Flémalle · Eq €35k
Of 2,320 companies in sector 47621 we hold annual accounts for 1,237. 1,049 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-11-2013
Fiscal year end31-12
Activities, NACEBEL
47620Retail trade
47621Retail sale of newspapers and periodicals
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.