Hammond Orgel Centrum
ActiveSummary
Hammond Orgel Centrum has been active since 1967 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €717k and a net result of €116. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 95% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability19▲+1
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
short-term debt: 0.4% and cash: 16.2% of total assets, and 3.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
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
96.5%
Return on assets
0%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-05-2026, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
79 d early
2024
77 d early
2023
49 d early
2022
31 d early
2021
67 d early
2020
79 d late
2019
65 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€717k=
2024 · €717k
2018: €759k
2019: €761k
2020: €761k
2021: €742k
2022: €741k
2023: €723k
2024: €717k
2018 → 2025
Total assets
€743k▼ 1.8%
2024 · €756k
2018: €1.05M
2019: €1.06M
2020: €916k
2021: €887k
2022: €754k
2023: €765k
2024: €756k
2018 → 2025
Net result
€116
2024 · €-7k
2018: €7k
2019: €2k
2020: €-176
2021: €-19k
2022: €-1k
2023: €-17k
2024: €-7k
2018 → 2025
Working capital
€439k=
2024 · €440k
2018: €400k
2019: €432k
2020: €451k
2021: €439k
2022: €456k
2023: €438k
2024: €440k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€742k-€741k▼ 0.2%€723k▼ 2.4%€717k▼ 0.9%€717k=
Operating result€-31k-€-15k▲ 52.6%€-25k▼ 72.3%€-21k▲ 16.6%€-9k▲ 55.1%
Net result€-19k-€-1k▲ 93.2%€-17k▼ 1,220%€-7k▲ 61.8%€116
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2025 against €21k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €743k
Fixed assets
€301k ▼ 0.8%
Current assets
€442k ▼ 2.5%
Equity and liabilities €743k
Equity
€717k =
Provisions
€20k =
Debt
€6k ▼ 68.8%
Debt's share of the balance-sheet total falls from 2.6% to 0.8%. Debt is lower.
Key figures and ratios
EBITDA
€-7k▲
2024 · €-18k
Cash flow
€2k▲
2024 · €-4k
Debt to equity
0.01▼
2024 · 0.03
ROE
0.0%▲
2024 · -0.9%
ROA
0.0%▲
2024 · -0.9%
Interest coverage
-33.30▲
2024 · -94.29
Debt ≤ 1 year
€3k▼
2024 · €14k
Income taxes
€2k
A ratio outside any meaningful range has been withheld (balance sheet total €743k, equity €717k).
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 · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€756k€743k▼
Fixed assets21/28€303k€301k▼
Tangible fixed assets22/27€303k€301k▼
Land and buildings22€300k€300k=
Plant, machinery and equipment23€3k€621▼
Current assets29/58€453k€442k▼
Amounts receivable within one year40/41€11k€9k▼
Other amounts receivable41€11k€9k▼
Current investments50/53€284k€311k▲
Cash at bank and in hand54/58€156k€121k▼
Deferred charges and accrued income490/1€2k€2k=
Equity and liabilities
Total equity and liabilities10/49€756k€743k▼
Equity10/15€717k€717k=
Contributions10/11€620k€620k=
Capital10€620k€620k=
Issued capital100€620k€620k=
Reserves13€94k€94k=
Non-distributable reserves130/1€49k€49k=
Legal reserve130€49k€49k=
Tax-exempt reserves132€28k€28k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€3k€3k▲
Provisions and deferred taxes16€20k€20k=
Provisions for liabilities and charges160/5€20k€20k=
Other liabilities and charges164/5€20k€20k=
Amounts payable17/49€20k€6k▼
Amounts payable within one year42/48€14k€3k▼
Trade debts44€14k€1k▼
Suppliers440/4€14k€1k▼
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Accrued charges and deferred income492/3€6k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€639-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€361€254▼
Gross operating margin9900€-17k€-7k▲
Operating profit (loss)9901€-21k€-9k▲
Financial income75/76B€15k€12k▼
Recurring financial income75€15k€11k▼
Non-recurring financial income76B-€500
Financial charges65/66B€191€214▲
Recurring financial charges65€191€214▲
Profit (loss) for the period before taxes9903€-7k€2k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-7k€116▲
Profit (loss) for the period to be appropriated9905€-7k€116▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€3k▲
Profit (loss) brought forward from the previous period14P€9k€3k▼
Transfer to equity691/2-€6
To the legal reserve6920-€6
The notes to these accounts (6 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
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €116
Net result €116 after 5 loss-making years.
31-12
Financial
Liquidity times 5current ratio 158.89
Current ratio from 32.74 to 158.89; short-term debt falls from €14k to €3k.
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity times 5928current ratio 24666.15
Current ratio from 4.16 to 24666.15; short-term debt falls from €139k to €19.
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
18-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 79 days late
2020
27-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
06-07
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.
Directors · office · real estate
Directors
8 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-Niklaas · 1 establishment unit since 1971
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.
De Meulenaerstraat 189100 Sint-NiklaasGround area
3,679 m²
Building footprint
428 m²
Volume, LiDAR
2,371 m³
Parcel 46442C0636/00M002, Flanders · tallest building 16.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Meulenaerstraat 18, 9100 Sint-Niklaas
since 19712.111.713.457
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46442C0636/00M002 | Flanders | 3,679 m² | 1 · 428 m² | 16.2 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.
Recognitions · licences · registrations
Legal Entity Identifier
254900PQ79Y01XM8DO89
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Of 1,170 companies in sector 46499 we hold annual accounts for 743. 520 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
Founded24-11-1967
Fiscal year end31-12
Activities, NACEBEL 2025
46499Wholesale of other household goods
32200Other manufacturing
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.