Hamsat
ActiveHamsat has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €302k and a net result of €80k. Equity is growing by ~47% per year across the filed fiscal years. Its solvency ranks better than 89% of 15369 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability98▼-2
Solvency100▲+3
Growth78=
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 6.67 against 2.55 in 2023; short-term debt: 10.3% and cash: 13.9% of total assets), and 10.4% 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2024Solvency, return and age of the figures
Solvency
89.6%
Return on assets
23.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
12 d early
2022
28 d early
2021
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€302k▲ 36.0%
2023 · €222k
2021: €31k
2022: €142k
2023: €222k
2021 → 2024
Total assets
€337k▲ 9.1%
2023 · €309k
2021: €116k
2022: €304k
2023: €309k
2021 → 2024
Net result
€80k▼ 0.8%
2023 · €81k
2021: €30k
2022: €110k
2023: €81k
2021 → 2024
Working capital
€197k▲ 70.9%
2023 · €115k
2021: €-57k
2022: €32k
2023: €115k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€31k-€142k▲ 353%€222k▲ 57.0%€302k▲ 36.0%
Operating result€45k-€164k▲ 265%€121k▼ 26.4%€118k▼ 2.4%
Net result€30k-€110k▲ 270%€81k▼ 26.9%€80k▼ 0.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 2% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €337k
Fixed assets
€106k▼ 11.6%
Current assets
€232k▲ 22.2%
Equity and liabilities €337k
Equity
€302k▲ 36.0%
Debt
€35k▼ 59.7%
The debt ratio falls from 28.1% to 10.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€129k▼
2023 · €131k
Cash flow
€91k▼
2023 · €91k
Solvency
89.6%▲
2023 · 71.9%
Current ratio
6.67▲
2023 · 2.55
Quick ratio
6.67▲
2023 · 2.55
Debt / equity
0.12▼
2023 · 0.39
ROE
26.5%▼
2023 · 36.3%
ROA
23.7%▼
2023 · 26.1%
Interest coverage
150.99▲
2023 · 100.21
Debt
€35k▼
2023 · €87k
Debt ≤ 1 year
€35k▼
2023 · €74k
Income taxes
€39k▼
2023 · €39k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€309k€337k▲
Fixed assets21/28€120k€106k▼
Tangible fixed assets22/27€38k€34k▼
Furniture and vehicles24€38k€34k▼
Financial fixed assets28€81k€72k▼
Current assets29/58€190k€232k▲
Amounts receivable within one year40/41€36k€34k▼
Trade receivables40€36k€34k▼
Current investments50/53€50k€150k▲
Cash at bank and in hand54/58€104k€47k▼
Deferred charges and accrued income490/1€383€1k▲
Equity and liabilities
Total equity and liabilities10/49€309k€337k▲
Equity10/15€222k€302k▲
Contributions10/11€2k€2k=
Reserves13€221k€301k▲
Distributable reserves133€221k€301k▲
Profit (loss) carried forward14€8€18▲
Amounts payable17/49€87k€35k▼
Amounts payable after more than one year17€12k-
Financial debts170/4€12k-
Amounts payable within one year42/48€74k€35k▼
Current portion of amounts payable after more than one year42€14k€12k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€47k€15k▼
Taxes450/3€47k€15k▼
Other amounts payable47/48€11k€5k▼
Accrued charges and deferred income492/3€38€226▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€884€1k▲
Gross operating margin9900€132k€130k▼
Operating profit (loss)9901€121k€118k▼
Financial income75/76B€462€2k▲
Recurring financial income75€462€2k▲
Financial charges65/66B€1k€853▼
Recurring financial charges65€1k€853▼
Profit (loss) for the period before taxes9903€120k€119k▼
Income taxes67/77€39k€39k▼
Profit (loss) for the period9904€81k€80k▼
Profit (loss) for the period to be appropriated9905€81k€80k▼
Appropriation of the result
Profit (loss) to be appropriated9906€81k€80k▼
Profit (loss) brought forward from the previous period14P€6€8▲
Transfer to equity691/2€81k€80k▼
To other reserves6921€81k€80k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 6.67
Current ratio from 2.55 to 6.67; short-term debt falls from €74k to €35k.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 2.55
Current ratio from 1.24 to 2.55; short-term debt falls from €135k to €74k.
31-12
Financial
Equity above €200kEq €222k ▲57%
3 profitable years in a row build equity to €222k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €110k ▲270%
Operating result €164k, net result €110k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 1.24
Current ratio from 0.33 to 1.24.
31-12
Financial
Equity above €100kEq €142k ▲353%
2 profitable years in a row build equity to €142k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brussel · 1 establishment unit since 2021
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.
Louizalaan 2501050 BrusselGround area
978 m²
Building footprint
890 m²
Volume, LiDAR
35,209 m³
Parcel 21807G0123/00P004, Brussels · tallest building 45.4 m, ±14 floors. Linked by address, not a title deed.
1 establishment unit
Hamsat
since 20212.315.916.273
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0123/00P004 | Brussels | 977 m² | 1 · 890 m² | 45.4 m · 14 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.
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W.WILLEMS
BE 0821.785.582
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Meesterhuys Advocaten
BE 0543.608.586
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JG LAW
BE 1003.230.715
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EUBELIUS
BE 0460.946.968
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Of 22,051 companies in sector 69101 we hold annual accounts for 9,053. 6,729 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-01-2021
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.