Hammertime
ActiveSummary
Hammertime has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €172,166 and a net result of €316,493. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 15% of 9620 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability88▼-1
Solvency33=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.01 in 2023; short-term debt: 76.2% and cash: 53.7% of total assets), and 91.8% of the assets are financed with debt.
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Signals
Four 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
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 9620 sector peers (2024).
NBB · sector comparisonPosition among 9620 sector peers
Solvency
better than 15%
← 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 22-09-2025, 53 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
53 d late
2023
65 d late
2022
67 d late
2021
81 d late
2020
88 d late
2019
145 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 83 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€172,166▲ 3.9%
2023 · €165,673
Total assets
€2.1m▲ 3.3%
2023 · €2.0m
Net result
€316,493▼ 5.9%
2023 · €336,453
Working capital
€213,724▲ 953%
2023 · €20,300
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
Line20202021202220232024
Operating result€14,251▲ 581%€23,599▲ 65.6%€210,733▲ 793%€349,697▲ 65.9%€324,901▼ 7.1%
Net result€12,736▲ 2,090%€14,781▲ 16.1%€209,216▲ 1,315%€336,453▲ 60.8%€316,493▼ 5.9%
Equity€95,223▲ 11.4%€110,004▲ 15.5%€119,221▲ 8.4%€165,673▲ 39.0%€172,166▲ 3.9%
Total assets€400,400▼ 43.7%€382,646▼ 4.4%€1.5m▲ 281%€2.0m▲ 39.4%€2.1m▲ 3.3%
Debt€305,177▼ 51.2%€272,641▼ 10.7%€1.3m▲ 390%€1.9m▲ 39.4%€1.9m▲ 3.3%
Working capital€74,987▲ 22.5%€91,792▲ 22.4%€4,039▼ 95.6%€20,300▲ 403%€213,724▲ 953%
Staff (FTE)1.7▼ 5.6%2▲ 17.6%2.1▲ 5.0%3.1▲ 47.6%2.8▼ 9.7%
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 falls in 2024; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.1m
Fixed assets
€284,456 ▼ 9.5%
Current assets
€1.8m ▲ 5.7%
Equity and liabilities €2.1m
Equity
€172,166 ▲ 3.9%
Debt
€1.9m ▲ 3.3%
Debt's share of the balance-sheet total stays at 91.8%.
Key figures and ratios
EBITDA
€382,548▼
2023 · €393,396
Cash flow
€374,140▼
2023 · €380,152
Current ratio
1.13▲
2023 · 1.01
Debt to equity
11.18▼
2023 · 11.25
ROE
183.8%▼
2023 · 203.1%
ROA
15.1%▼
2023 · 16.6%
Interest coverage
38.34▲
2023 · 31.92
Debt ≤ 1 year
€1.6m▼
2023 · €1.7m
Debt > 1 year
€326,013▲
2023 · €169,018
Income taxes
€6,793▲
2023 · €963
Staff costs
€170,269▲
2023 · €134,892
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €63,630 | €69,344 | €134,892 | €170,269 | ▲ 26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,102 | €8,045 | €23,440 | €43,699 | €57,647 | ▲ 31.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €986 | - |
| Other operating charges640/8 | - | €1,696 | €4,753 | €4,305 | €3,022 | ▼ 29.8% |
| Gross operating margin9900 | €78,668 | €96,970 | €308,269 | €532,593 | €556,826 | ▲ 4.5% |
| Operating profit (loss)9901 | €14,251 | €23,599 | €210,733 | €349,697 | €324,901 | ▼ 7.1% |
| Financial income75/76B | - | €98 | €2,467 | €43 | €8,362 | ▲ 19,538% |
| Recurring financial income75 | €229 | €98 | €2,467 | €43 | €3,676 | ▲ 8,533% |
| Non-recurring financial income76B | - | - | - | - | €4,686 | - |
| Financial charges65/66B | - | -€448 | €3,984 | €12,324 | €9,977 | ▼ 19.0% |
| Recurring financial charges65 | €460 | -€448 | €3,984 | €12,324 | €9,977 | ▼ 19.0% |
| Profit (loss) for the period before taxes9903 | €21,364 | €24,144 | €209,216 | €337,416 | €323,286 | ▼ 4.2% |
| Income taxes67/77 | €8,628 | €9,363 | - | €963 | €6,793 | ▲ 605% |
| Profit (loss) for the period9904 | €12,736 | €14,781 | €209,216 | €336,453 | €316,493 | ▼ 5.9% |
| Profit (loss) for the period to be appropriated9905 | €12,736 | €14,781 | €209,216 | €336,453 | €316,493 | ▼ 5.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €400,400 | €382,646 | €1.5m | €2.0m | €2.1m | ▲ 3.3% |
| Fixed assets21/28 | €20,235 | €18,213 | €305,517 | €314,391 | €284,456 | ▼ 9.5% |
| Tangible fixed assets22/27 | €19,885 | €17,863 | €303,187 | €314,041 | €284,106 | ▼ 9.5% |
| Plant, machinery and equipment23 | - | €1,764 | €6,484 | €4,450 | €4,771 | ▲ 7.2% |
| Furniture and vehicles24 | - | €4,047 | €27,197 | €26,583 | €17,849 | ▼ 32.9% |
| Other tangible fixed assets26 | - | €12,051 | €269,506 | €283,008 | €261,486 | ▼ 7.6% |
| Financial fixed assets28 | €350 | €350 | €2,330 | €350 | €350 | = |
| Current assets29/58 | €380,165 | €364,433 | €1.2m | €1.7m | €1.8m | ▲ 5.7% |
| Stocks and contracts in progress3 | €35,000 | €35,000 | - | - | - | - |
| Stocks30/36 | - | €35,000 | - | - | - | - |
| Amounts receivable within one year40/41 | €98,112 | €83,658 | €236,172 | €236,601 | €676,795 | ▲ 186% |
| Trade receivables40 | - | €1,914 | €156,700 | €117,936 | €363,529 | ▲ 208% |
| Other amounts receivable41 | - | €81,743 | €79,472 | €118,665 | €313,265 | ▲ 164% |
| Cash at bank and in hand54/58 | €187,388 | €168,818 | €634,722 | €1.0m | €1.1m | ▲ 12.1% |
| Deferred charges and accrued income490/1 | - | €76,957 | €279,639 | €473,696 | €9,227 | ▼ 98.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €400,400 | €382,646 | €1.5m | €2.0m | €2.1m | ▲ 3.3% |
| Equity10/15 | €95,223 | €110,004 | €119,221 | €165,673 | €172,166 | ▲ 3.9% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €36,201 | €36,201 | €36,201 | €36,201 | €36,201 | = |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | €2,000 | - | - |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | €2,000 | - | - |
| Tax-exempt reserves132 | - | €24,501 | €24,501 | €24,501 | €24,501 | = |
| Distributable reserves133 | - | €9,700 | €9,700 | €9,700 | €11,700 | ▲ 20.6% |
| Profit (loss) carried forward14 | €39,022 | €53,804 | €63,020 | €109,472 | €115,965 | ▲ 5.9% |
| Amounts payable17/49 | €305,177 | €272,641 | €1.3m | €1.9m | €1.9m | ▲ 3.3% |
| Amounts payable after more than one year17 | - | - | €190,336 | €169,018 | €326,013 | ▲ 92.9% |
| Financial debts170/4 | - | - | €190,336 | €169,018 | €326,013 | ▲ 92.9% |
| Amounts payable within one year42/48 | €305,177 | €272,641 | €1.1m | €1.7m | €1.6m | ▼ 5.7% |
| Current portion of amounts payable after more than one year42 | - | - | €20,927 | €21,318 | €50,655 | ▲ 138% |
| Trade debts44 | €47,887 | €63,865 | €246,572 | €500,899 | €345,246 | ▼ 31.1% |
| Suppliers440/4 | - | €63,865 | €246,572 | €500,899 | €345,246 | ▼ 31.1% |
| Advances received on contracts in progress46 | - | €71,997 | €662,688 | €815,120 | €818,946 | ▲ 0.5% |
| Taxes, remuneration and social security45 | - | €135,023 | €14,190 | €36,669 | €44,543 | ▲ 21.5% |
| Taxes450/3 | - | €124,794 | €4,704 | €6,354 | €23,092 | ▲ 263% |
| Remuneration and social security454/9 | - | €10,229 | €9,486 | €30,316 | €21,451 | ▼ 29.2% |
| Other amounts payable47/48 | - | €1,755 | €202,118 | €320,569 | €339,271 | ▲ 5.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,736 | €14,781 | €209,216 | €336,453 | €316,493 | ▼ 5.9% |
| + Depreciation and write-downs630 | €8,102 | €8,045 | €23,440 | €43,699 | €57,647 | ▲ 31.9% |
| Operating cash flow (approximation) | €20,837 | €22,827 | €232,656 | €380,152 | €374,140 | ▼ 1.6% |
| Investment in fixed assets (approximation) | - | -€6,022 | -€310,745 | -€52,573 | -€27,712 | ▲ 47.3% |
| Change in cash | - | -€18,570 | €465,904 | €369,857 | €121,783 | ▼ 67.1% |
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
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 53 days late
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 65 days late
2023
31-12
Financial
Highest result since 2018net €336,453 ▲60.8%
Operating result €349,697, net result €336,453, both a record.
31-12
Financial
Equity above €150,000Eq €165,673 ▲39%
6 profitable years in a row build equity to €165,673.
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 67 days late
2022
20-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 81 days late
2021
31-12
Financial
Equity above €100,000Eq €110,004 ▲15.5%
4 profitable years in a row build equity to €110,004.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 88 days late
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 145 days late
2019
31-12
Financial
Weakest financial yearnet €582 ▼86.9%
Net result drops to €582, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 90 days late
2018
23-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 84 days late
2017
15-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 107 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Stabroek · 1 establishment unit since 2015
Ground area
3,800 m²
Building footprint
876 m²
Volume, LiDAR
4,588 m³
Parcel 11020I0551/00Y003, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Hammertime
since 20152.240.364.854
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11020I0551/00Y003 | Flanders | 3,800 m² | 1 · 876 m² | 6.6 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.
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Of 12,954 companies in sector 47120 we hold annual accounts for 2,190. 1,413 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
47791Retail sale of antiques
Scores and ratios are computed by Checked and are not a credit decision.