Liquidity
21.73 was 3.35 in 2024
Short-term debts fell from €4,626 to €505.
HAMILTON ASSOCIATES
Lifetime
18 annual accounts with figures on one time axis, 27 filings since 1997peak €98,734 (2007)
€1,319▼ 83.7%
lowest -€12,657 (2009)
-€728▼ €5,465
peak €11,738 (2024)
€11,010▼ 6.2%
€505▼ 89.1%
peak 0.3 FTE (2011)
-not published
Board1 name since 1996
1 directorHAMILTON David Charles
Owners
Documentsfilings and deeds
29-04-20261 day before the deadline
2025micro format
Gross margin from €8,099 to €1,319Loss of €728Debts from €4,626 to €505Cash from €3,268 to €1,501
Key points
from the 2025 annual accountsFilings
27 annual accounts since 1997
The last five annual accounts were filed 1 to 30 days before the end of the period.
Position in the sector
95.6%
Higher solvency than 95% of companies in computer programming and consultancy. Sector median 60.0% · 21,206 companies.
Checked score
93
Excellent
Financially stronger than 46% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.6%highest value
01-2025: 2.3%▼ -0.3 percentage points vs 12-2024
02-2025: 2.3%● unchanged vs 01-2025
03-2025: 2.6%▲ +0.3 percentage points vs 02-2025
04-2025: 2.6%● unchanged vs 03-2025
05-2025: 0.1%▼ -2.5 percentage points vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: < 0.1%▼ -0.1 percentage points vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Loss of €728 (financial year 2025)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €11,515
Liquidity: current ratio 21.73, cash €1,501, halved
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 85% of them on solvency, 50% on liquidity, 15% on profitability and 33% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as HAMILTON ASSOCIATES has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HAMILTON ASSOCIATES itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for HAMILTON ASSOCIATES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 21.73 (3.35 in 2024), above the usual 1.5. Short-term debt is 4.4% and cash 13% of total assets. 4.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
8 days early
2022
2 days early
2021
30 days early
2020
3 days early
2019
8 days early
2018
11 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 27 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Recent changes
Registered office moved to Bertem
New registered office: Het Moeleke 5, 3060 Bertem · Appointment: HAMILTON David Charles (statutory director) · 750 shares · General meeting of 31-10-2023 · Gazette deed
First establishment
Apoyar Belgium, Het Moeleke 5, Bertem
Incorporation
published on 25-10-1996 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HAMILTON ASSOCIATES Bertem | €11,515 | €1,319 | 95.6% | - |
| SOLUTION WIZ Sint-Truiden | €9,548 | €1,296 | -279.7% | - |
| ARGOS SERVICES Koekelberg | €11,541 | -€1,074 | 93.7% | - |
| OPTIMAL DESIGN Ixelles | €10,557 | -€6,142 | -667.2% | - |
| MEDIA MAKERS Tessenderlo-Ham | €10,541 | €0 | 100.0% | - |
| WORDSCOPE Etterbeek | €12,236 | -€6,682 | -561.3% | - |
| Obycron Kontich | €13,539 | -€10,158 | -67.6% | - |
These companies have the same main activity as HAMILTON ASSOCIATES: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €9,550 and €13,500, founded between 1997 and 2000.
Official details
Source: KBO- Status
- Active since 16-10-1996Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.096.824.1553060 Bertem, since 20-11-2000
- Financial year end
- 30 September
- Peppol
- Reachable
Annual accounts to 30-09-2025
- ≈ €7,000estimated
- €11,515▼ 29.6%
- Filing
- Filed on 29-04-2026, 1 day before the end of the filing period
Insights on HAMILTON ASSOCIATES
HAMILTON ASSOCIATES files the micro format. That format states no turnover. The gross margin fell from €5,413 in 2006 to €1,319 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HAMILTON ASSOCIATES
- What is the company number of HAMILTON ASSOCIATES?
- The company number of HAMILTON ASSOCIATES is 0459.016.173. The VAT number is the same number with BE in front: BE 0459.016.173.
- Where is HAMILTON ASSOCIATES based?
- The registered office is at Het Moeleke 5, 3060 Bertem.Company details
- What does HAMILTON ASSOCIATES do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of HAMILTON ASSOCIATES?
- HAMILTON ASSOCIATES is a private limited company (BV).
- When was HAMILTON ASSOCIATES founded?
- HAMILTON ASSOCIATES was founded on 16-10-1996.
- Is HAMILTON ASSOCIATES still active?
- Yes, HAMILTON ASSOCIATES is an active enterprise in the KBO register.
- What is the turnover of HAMILTON ASSOCIATES?
- The turnover in financial year 2025 is ≈ €7,000. This figure is estimated from the gross margin of €1,319 and 73 comparable companies (NACE 62200). It probably lies between €3,400 and €14,000. It is a rough estimate.Financials
- Is HAMILTON ASSOCIATES profitable?
- In financial year 2025, HAMILTON ASSOCIATES made a loss of €728.
- Where can I find the annual accounts of HAMILTON ASSOCIATES?
- HAMILTON ASSOCIATES filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HAMILTON ASSOCIATES due?
- HAMILTON ASSOCIATES must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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