HAMEX
ActiveSummary
The annual accounts of HAMEX for fiscal year 2024 show a net loss of 58% of the equity at the start of that year. The 2024 annual accounts show equity of €102k and a net result of €-138k. Equity is shrinking by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 19% of 6537 sector peers (fiscal year 2024). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
32
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability5▲+5
Solvency33▼-10
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.73 against 0.81 in 2023; short-term debt: 87.6% and cash: 0.7% of total assets), and 92.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
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 2024Solvency, return and age of the figures
Solvency
7.9%
Return on assets
-10.7%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-138k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 6537 sector peers (2024).
NBB · sector comparisonPosition among 6537 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 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
not confirmed
2024
54 d late
2023
61 d late
2022
92 d late
2021
60 d late
2020
75 d late
2019
87 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-138k▲ 58.1%
2023 · €-330k
2018: €53k
2019: €44k
2020: €281k
2021: €33k
2022: €-148k
2023: €-330k
2018 → 2024
Working capital
€-309k▼ 59.8%
2023 · €-193k
2018: €-86k
2019: €-111k
2020: €138k
2021: €203k
2022: €91k
2023: €-193k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€685k-€718k▲ 4.8%€570k▼ 20.6%€240k▼ 57.9%€102k▼ 57.6%
Operating result€303k-€113k▼ 62.7%€-115k€-319k▼ 179%€-131k▲ 58.9%
Net result€281k-€33k▼ 88.4%€-148k€-330k▼ 123%€-138k▲ 58.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €131k in 2024 against €319k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.29M
Fixed assets
€468k ▼ 4.6%
Current assets
€817k ▲ 1.1%
Equity and liabilities €1.29M
Equity
€102k ▼ 57.6%
Debt
€1.18M ▲ 11.8%
Debt's share of the balance-sheet total rises from 81.5% to 92.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-97k▲
2023 · €-286k
Cash flow
€-104k▲
2023 · €-296k
Current ratio
0.73▼
2023 · 0.81
Quick ratio
0.72▼
2023 · 0.79
Debt to equity
11.63▲
2023 · 4.41
ROE
-135.6%▲
2023 · -137.5%
ROA
-10.7%▲
2023 · -25.4%
Interest coverage
-14.36▲
2023 · -65.78
Debt ≤ 1 year
€1.13M▲
2023 · €1.00M
Debt > 1 year
€58k=
2023 · €58k
Income taxes
€149▼
2023 · €6k
Staff costs
€14k▼
2023 · €73k
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 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.30M€1.29M▼
Fixed assets21/28€491k€468k▼
Tangible fixed assets22/27€485k€463k▼
Land and buildings22€475k€446k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€5k€14k▲
Financial fixed assets28€6k€5k▼
Current assets29/58€808k€817k▲
Stocks and contracts in progress3€22k€5k▼
Stocks30/36€22k€5k▼
Amounts receivable within one year40/41€770k€802k▲
Trade receivables40€17k€4k▼
Other amounts receivable41€753k€798k▲
Cash at bank and in hand54/58€15k€8k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€1.30M€1.29M▼
Equity10/15€240k€102k▼
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€166k€27k▼
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Distributable reserves133€158k€20k▼
Amounts payable17/49€1.06M€1.18M▲
Amounts payable after more than one year17€58k€58k=
Financial debts170/4€58k€58k=
Amounts payable within one year42/48€1.00M€1.13M▲
Financial debts43€939-
Credit institutions430/8€939-
Trade debts44€366k€443k▲
Suppliers440/4€366k€443k▲
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€6k€3k▼
Remuneration and social security454/9€402-
Other amounts payable47/48€629k€681k▲
Income statement
Code20232024
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€73k€14k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€34k▲
Other operating charges640/8€103k€95k▼
Non-recurring operating charges66A€300€100▼
Gross operating margin9900€-110k€12k▲
Operating profit (loss)9901€-319k€-131k▲
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€4k€7k▲
Recurring financial charges65€4k€7k▲
Profit (loss) for the period before taxes9903€-323k€-138k▲
Income taxes67/77€6k€149▼
Profit (loss) for the period9904€-330k€-138k▲
Profit (loss) for the period to be appropriated9905€-330k€-138k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-330k€-138k▲
Transfer from equity791/2€330k€138k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 54 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-330k
Net result drops to €-330k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 92 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 60 days late
2021
14-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 75 days late
2020
31-12
Financial
Highest result since 2018net €281k ▲545%
Operating result €303k, net result €281k, both a record.
31-12
Financial
Equity above €500kEq €685k ▲69.5%
3 profitable years in a row build equity to €685k.
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 87 days late
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 62 days late
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Sint-Jans-Molenbeek · 1 establishment unit since 1992
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.
Heyvaertstraat 451080 Sint-Jans-MolenbeekGround area
4,496 m²
Building footprint
710 m²
Volume, LiDAR
8,326 m³
2 parcels, Brussels · tallest building 19.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
HAMEX
since 19922.059.798.859
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0948/00K007 | Brussels | 3,402 m² | 1 · 710 m² | 19.1 m · 4 fl. |
| 21523B0946/00T011 | Brussels | 1,094 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
GEN AUTO
BE 0799.471.822
Sint-Genesius-Rode · Eq €101,917
EOS CARS
BE 0736.952.352
Binche · Eq €101,740
CLOHSE TRADE
BE 0860.666.548
Sankt Vith · Eq €101,693
BELKYTRADE
BE 0578.954.101
Wetteren · Eq €102,080
A.J.F.
BE 0479.443.977
Hasselt · Eq €101,532
Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 3,635 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-11-1992
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46711Wholesale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.