HAMKO
ActiveSummary
HAMKO has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.17M and a net result of €436k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▼-6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €250k at 30 days acceptable
Liquidity ample (current ratio 5.91 against 7.05 in 2024; short-term debt: 5.7% and cash: 3.6% of total assets), and 9.6% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.4%
Return on assets
12.4%
Age of the figures
18 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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-10-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
11 d late
2023
1 d early
2022
124 d early
2021
33 d early
2020
8 d early
2019
9 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.17M▲ 8.0%
2024 · €2.94M
Total assets
€3.51M▲ 5.1%
2024 · €3.34M
Net result
€436k▼ 22.9%
2024 · €565k
Working capital
€982k▲ 8.2%
2024 · €908k
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
Operating result€874k▲ 50.2%€1.06M▲ 21.1%€1.07M▲ 1.0%€686k▼ 35.9%€457k▼ 33.4%
Net result€728k▲ 67.4%€885k▲ 21.6%€1.25M▲ 40.7%€565k▼ 54.6%€436k▼ 22.9%
Equity€2.76M▲ 11.2%€2.29M▼ 17.2%€2.77M▲ 21.2%€2.94M▲ 6.0%€3.17M▲ 8.0%
Total assets€3.29M▲ 11.9%€3.83M▲ 16.3%€3.68M▼ 3.8%€3.34M▼ 9.3%€3.51M▲ 5.1%
Debt€530k▲ 15.6%€1.54M▲ 191%€908k▼ 41.1%€400k▼ 55.9%€335k▼ 16.2%
Working capital€334k▲ 59.7%€-157k€604k€908k▲ 50.3%€982k▲ 8.2%
Staff (FTE)000
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 33% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.51M
Fixed assets
€2.33M ▲ 2.1%
Current assets
€1.18M ▲ 11.7%
Equity and liabilities €3.51M
Equity
€3.17M ▲ 8.0%
Debt
€335k ▼ 16.2%
Debt's share of the balance-sheet total falls from 12.0% to 9.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€457k▼
2024 · €686k
Cash flow
€436k▼
2024 · €565k
Current ratio
5.91▼
2024 · 7.05
Debt to equity
0.11▼
2024 · 0.14
ROE
13.7%▼
2024 · 19.2%
ROA
12.4%▼
2024 · 16.9%
Interest coverage
996.01▼
2024 · 29041.62
Debt ≤ 1 year
€200k▲
2024 · €150k
Debt > 1 year
€135k▼
2024 · €250k
Income taxes
€68k▼
2024 · €139k
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €79 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €495 | €722 | €507 | €516 | ▲ 1.7% |
| Gross operating margin9900 | €875k | €1.06M | €1.07M | €686k | €457k | ▼ 33.4% |
| Operating profit (loss)9901 | €874k | €1.06M | €1.07M | €686k | €457k | ▼ 33.4% |
| Financial income75/76B | - | €2k | €353k | €18k | €48k | ▲ 162% |
| Recurring financial income75 | €2k | €2k | €2k | €18k | €48k | ▲ 162% |
| Non-recurring financial income76B | - | - | €351k | €0 | €79 | - |
| Financial charges65/66B | - | €3k | €603 | €24 | €459 | ▲ 1,842% |
| Recurring financial charges65 | €7k | €3k | €603 | €24 | €459 | ▲ 1,842% |
| Profit (loss) for the period before taxes9903 | €869k | €1.06M | €1.42M | €704k | €504k | ▼ 28.4% |
| Income taxes67/77 | €141k | €172k | €176k | €139k | €68k | ▼ 50.7% |
| Profit (loss) for the period9904 | €728k | €885k | €1.25M | €565k | €436k | ▼ 22.9% |
| Transfer from tax-exempt reserves789 | - | €0 | €77k | €81k | €241k | ▲ 196% |
| Transfer to tax-exempt reserves689 | - | €168k | €168k | €0 | €105k | - |
| Profit (loss) for the period to be appropriated9905 | €649k | €717k | €1.15M | €646k | €572k | ▼ 11.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.29M | €3.83M | €3.68M | €3.34M | €3.51M | ▲ 5.1% |
| Fixed assets21/28 | €2.49M | €2.49M | €2.24M | €2.28M | €2.33M | ▲ 2.1% |
| Tangible fixed assets22/27 | - | - | - | €35k | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €35k | €0 | ▼ 100% |
| Financial fixed assets28 | €2.49M | €2.49M | €2.24M | €2.24M | €2.33M | ▲ 3.7% |
| Current assets29/58 | €801k | €1.33M | €1.44M | €1.06M | €1.18M | ▲ 11.7% |
| Amounts receivable within one year40/41 | €0 | €71k | €97k | €18k | €55k | ▲ 202% |
| Trade receivables40 | - | €21k | €21k | €0 | - | - |
| Other amounts receivable41 | - | €50k | €76k | €18k | €55k | ▲ 202% |
| Current investments50/53 | - | - | €1.00M | €1.00M | €1.00M | = |
| Cash at bank and in hand54/58 | €801k | €1.26M | €339k | €39k | €127k | ▲ 220% |
| Deferred charges and accrued income490/1 | - | €613 | €610 | €0 | €11 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.29M | €3.83M | €3.68M | €3.34M | €3.51M | ▲ 5.1% |
| Equity10/15 | €2.76M | €2.29M | €2.77M | €2.94M | €3.17M | ▲ 8.0% |
| Contributions10/11 | €150k | €150k | €150k | €150k | €150k | = |
| Capital10 | - | €150k | €150k | €150k | €150k | = |
| Issued capital100 | - | €150k | €150k | €150k | €150k | = |
| Reserves13 | €2.61M | €2.14M | €2.62M | €2.79M | €3.02M | ▲ 8.5% |
| Non-distributable reserves130/1 | - | €15k | €15k | €15k | €15k | = |
| Legal reserve130 | - | €15k | €15k | €15k | €15k | = |
| Tax-exempt reserves132 | - | €444k | €535k | €454k | €318k | ▼ 29.9% |
| Distributable reserves133 | - | €1.68M | €2.07M | €2.32M | €2.69M | ▲ 16.0% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €530k | €1.54M | €908k | €400k | €335k | ▼ 16.2% |
| Amounts payable after more than one year17 | €63k | €50k | €76k | €250k | €135k | ▼ 45.8% |
| Financial debts170/4 | - | €0 | - | - | - | - |
| Other amounts payable178/9 | - | €50k | €76k | €250k | €135k | ▼ 45.8% |
| Amounts payable within one year42/48 | €467k | €1.49M | €832k | €150k | €200k | ▲ 33.3% |
| Current portion of amounts payable after more than one year42 | - | €63k | €0 | - | - | - |
| Trade debts44 | €0 | €20k | €18k | €0 | - | - |
| Suppliers440/4 | - | €20k | €18k | €0 | - | - |
| Taxes, remuneration and social security45 | - | €8k | €14k | €0 | - | - |
| Taxes450/3 | - | €8k | €14k | €0 | - | - |
| Other amounts payable47/48 | - | €1.40M | €800k | €150k | €200k | ▲ 33.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €728k | €885k | €1.25M | €565k | €436k | ▼ 22.9% |
| + Depreciation and write-downs630 | - | - | - | €79 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €728k | €885k | €1.25M | €565k | €436k | ▼ 22.9% |
| Investment in fixed assets (approximation) | - | €-3k | €249k | €-36k | €-47k | ▼ 32.6% |
| Change in cash | - | €462k | €-924k | €-299k | €87k | ▲ 129% |
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
2025
24-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
11-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
31-03
Financial
Liquidity quadruplescurrent ratio 7.05
Current ratio from 1.73 to 7.05; short-term debt falls from €832k to €150k.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2019net €1.25M ▲40.7%
Operating result €1.07M, net result €1.25M, both a record.
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
23-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Ronse · 1 establishment unit since 2010
Ground area
4,549 m²
Building footprint
164 m²
Volume, LiDAR
942 m³
Parcel 45041A0201/00M000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
HAMKO
since 20102.188.186.178
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45041A0201/00M000 | Flanders | 4,548 m² | 1 · 164 m² | 9.4 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.
Similar companies · same sector, comparable size
WESTELEC
BE 0466.516.550
Ieper · Eq €3,165,713
M.L.
BE 0473.029.705
Leopoldsburg · Eq €3,147,829
BOSSAERTS P.
BE 0466.327.104
Ranst · Eq €3,145,178
EBS ELECTRO SERVICE
BE 0468.853.458
Genk · Eq €3,201,144
BUSINESS SOLUTIONS 30 BELGIUM
BE 0695.906.605
Antwerpen · Eq €3,204,749
Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 1,912 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded27-04-2010
Fiscal year end31-03
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
Scores and ratios are computed by Checked and are not a credit decision.