HAMILTON ASSOCIATES
ActiveHAMILTON ASSOCIATES has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11k and a net result of €-728. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 17007 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18▼-82
Solvency100▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 21.73 against 3.35 in 2024; short-term debt: 4.4% and cash: 13% of total assets), and 4.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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 · 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
95.6%
Return on assets
-6.3%
Age of the figures
12 mo
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 d early
2024
8 d early
2022
2 d early
2021
30 d early
2020
3 d early
2019
8 d early
2018
11 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€11k▼ 6.2%
2024 · €12k
2018: €-52k
2019: €-16k
2020: €4k
2021: €6k
2022: €3k
2024: €12k
2018 → 2025
Total assets
€12k▼ 29.6%
2024 · €16k
2018: €102k
2019: €17k
2020: €18k
2021: €27k
2022: €18k
2024: €16k
2018 → 2025
Net result
€-728
2024 · €5k
2018: €-2k
2019: €36k
2020: €20k
2021: €2k
2022: €-3k
2024: €5k
2018 → 2025
Working capital
€10k▼ 3.4%
2024 · €11k
2018: €-54k
2019: €-18k
2020: €3k
2021: €6k
2022: €2k
2024: €11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€4k-€6k▲ 55.1%€3k▼ 45.7%€12k▲ 277%€11k▼ 6.2%
Operating result€29k-€3k▼ 89.9%€-2k€7k€504▼ 92.8%
Net result€20k-€2k▼ 89.7%€-3k€5k€-728
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 93% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12k
Fixed assets
€531▼ 40.2%
Current assets
€11k▼ 29.0%
Equity and liabilities €12k
Equity
€11k▼ 6.2%
Debt
€505▼ 89.1%
The debt ratio falls from 28.3% to 4.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€861▼
2024 · €8k
Cash flow
€-371▼
2024 · €5k
Solvency
95.6%▲
2024 · 71.7%
Current ratio
21.73▲
2024 · 3.35
Quick ratio
21.73▲
2024 · 3.35
Debt / equity
0.05▼
2024 · 0.39
ROE
-6.6%▼
2024 · 40.4%
ROA
-6.3%▼
2024 · 29.0%
Interest coverage
0.83▼
2024 · 47.92
Debt
€505▼
2024 · €5k
Debt ≤ 1 year
€505▼
2024 · €5k
Income taxes
€199▼
2024 · €2k
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€16k€12k▼
Fixed assets21/28€887€531▼
Tangible fixed assets22/27€887€531▼
Furniture and vehicles24€887€531▼
Current assets29/58€15k€11k▼
Amounts receivable within one year40/41€12k€7k▼
Trade receivables40€6k€969▼
Other amounts receivable41€6k€6k▲
Cash at bank and in hand54/58€3k€2k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€16k€12k▼
Equity10/15€12k€11k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-7k€-8k▼
Amounts payable17/49€5k€505▼
Amounts payable within one year42/48€5k€505▼
Trade debts44€2k€165▼
Suppliers440/4€2k€165▼
Taxes, remuneration and social security45€2k€242▼
Taxes450/3€2k€242▼
Other amounts payable47/48€912€99▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€673€356▼
Other operating charges640/8€452€459▲
Gross operating margin9900€8k€1k▼
Operating profit (loss)9901€7k€504▼
Financial income75/76B€0€5▲
Recurring financial income75€0€5▲
Financial charges65/66B€160€1k▲
Recurring financial charges65€160€1k▲
Profit (loss) for the period before taxes9903€7k€-528▼
Income taxes67/77€2k€199▼
Profit (loss) for the period9904€5k€-728▼
Profit (loss) for the period to be appropriated9905€5k€-728▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-8k▼
Profit (loss) brought forward from the previous period14P€-12k€-7k▲
The notes to these accounts (4 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity times 6current ratio 21.73
Current ratio from 3.35 to 21.73; short-term debt falls from €5k to €505.
22-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-09
Financial
Liquidity triplescurrent ratio 3.35
Current ratio from 1.13 to 3.35; short-term debt falls from €15k to €5k.
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €-3k ▼229%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Liquidity triplescurrent ratio 1.23
Current ratio from 0.47 to 1.23; short-term debt falls from €34k to €14k.
22-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
19-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Bertem · 1 establishment unit since 2000
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.
Het Moeleke 53060 BertemGround area
597 m²
Building footprint
133 m²
Volume, LiDAR
885 m³
Parcel 24009A0146/00H000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Apoyar Belgium
since 20002.096.824.155
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24009A0146/00H000 | Flanders | 597 m² | 1 · 133 m² | 9.2 m · 2 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
VNET CONSULT
BE 0766.339.689
Chapelle-lez-Herlaimont · Eq €11k
GEOMC2
BE 0784.244.307
Hamont-Achel · Eq €11k
LLINX
BE 0774.491.649
Merksplas · Eq €11k
THE SANCTUARY
BE 0742.742.559
Mons · Eq €11k
ESTATE BRIDGE
BE 0805.341.015
Brugge · Eq €11k
Of 30,000 companies in sector 62200 we hold annual accounts for 18,392. 9,988 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-10-1996
Fiscal year end30-09
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.