Hamzat
Open bankruptcyA bankruptcy procedure is open for Hamzat according to publications in the Belgian State Gazette; curator: KLAAS KOENTGES.
Summary
The file additionally contains 1 interim measure and 2 judicial reorganisation notices. The 2024 annual accounts show equity of €299k and a net result of €121k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€299k▲ 68.2%
2023 · €177k
2022: €95klowest in 3 years
2023: €177k▲ +87.7% vs 2022
2024: €299k▲ +68.2% vs 2023highest in 3 years
2022 → 2024
Total assets
€1.40M▲ 13.2%
2023 · €1.23M
2022: €1.78Mhighest in 3 years
2023: €1.23M▼ -30.8% vs 2022lowest in 3 years
2024: €1.40M▲ +13.2% vs 2023
2022 → 2024
Net result
€121k▲ 46.1%
2023 · €83k
2022: €90k
2023: €83k▼ -7.4% vs 2022lowest in 3 years
2024: €121k▲ +46.1% vs 2023highest in 3 years
2022 → 2024
Working capital
€25k
2023 · €-73k
2022: €-39k
2023: €-73k▼ -85.6% vs 2022lowest in 3 years
2024: €25k▲ +134% vs 2023highest in 3 years
2022 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€95k-€177k▲ 87.7%€299k▲ 68.2%
2022: €95klowest in 3 years
2023: €177k▲ +87.7% vs 2022
2024: €299k▲ +68.2% vs 2023highest in 3 years
Operating result€147k-€200k▲ 36.2%€203k▲ 1.4%
2022: €147klowest in 3 years
2023: €200k▲ +36.2% vs 2022
2024: €203k▲ +1.4% vs 2023highest in 3 years
Net result€90k-€83k▼ 7.4%€121k▲ 46.1%
2022: €90k
2023: €83k▼ -7.4% vs 2022lowest in 3 years
2024: €121k▲ +46.1% vs 2023highest in 3 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 1% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.40M
Fixed assets
€298k ▼ 4.3%
Current assets
€1.10M ▲ 19.0%
Equity and liabilities €1.40M
Equity
€299k ▲ 68.2%
Debt
€1.10M ▲ 3.9%
Debt's share of the balance-sheet total falls from 85.6% to 78.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€288k▲
2023 · €272k
Cash flow
€206k▲
2023 · €155k
Current ratio
1.02▲
2023 · 0.93
Debt to equity
3.68▼
2023 · 5.95
ROE
40.6%▼
2023 · 46.7%
ROA
8.7%▲
2023 · 6.7%
Interest coverage
8.75▼
2023 · 16.27
Debt ≤ 1 year
€1.07M▲
2023 · €995k
Debt > 1 year
€25k▼
2023 · €50k
Income taxes
€48k▼
2023 · €101k
Staff costs
€3.15M▼
2023 · €3.22M
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 · 2024 against 2023 · 55 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.23M€1.40M▲
Fixed assets21/28€312k€298k▼
Tangible fixed assets22/27€285k€282k▼
Land and buildings22€4k€24k▲
Plant, machinery and equipment23€6k€29k▲
Furniture and vehicles24€223k€182k▼
Leasing and similar rights25€52k-
Other tangible fixed assets26-€48k
Financial fixed assets28€26k€16k▼
Current assets29/58€922k€1.10M▲
Amounts receivable after more than one year29-€654k
Other amounts receivable291-€654k
Amounts receivable within one year40/41€906k€305k▼
Trade receivables40€897k€175k▼
Other amounts receivable41€9k€130k▲
Current investments50/53€5k-
Cash at bank and in hand54/58-€139k
Deferred charges and accrued income490/1€12k-
Equity and liabilities
Total equity and liabilities10/49€1.23M€1.40M▲
Equity10/15€177k€299k▲
Contributions10/11€5k€5k=
Reserves13€172k€172k=
Distributable reserves133€172k€172k=
Profit (loss) carried forward14-€121k
Amounts payable17/49€1.06M€1.10M▲
Amounts payable after more than one year17€50k€25k▼
Financial debts170/4€50k€21k▼
Other amounts payable178/9-€3k
Amounts payable within one year42/48€995k€1.07M▲
Current portion of amounts payable after more than one year42€227k€294k▲
Trade debts44€216k€278k▲
Suppliers440/4€216k€278k▲
Taxes, remuneration and social security45€532k€493k▼
Taxes450/3€208k€249k▲
Remuneration and social security454/9€324k€245k▼
Other amounts payable47/48€21k€8k▼
Accrued charges and deferred income492/3€11k-
Income statement
Code20232024
Remuneration, social security and pensions62€3.22M€3.15M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€72k€85k▲
Other operating charges640/8€10k€11k▲
Gross operating margin9900€3.50M€3.45M▼
Operating profit (loss)9901€200k€203k▲
Financial income75/76B€706-
Recurring financial income75€706-
Financial charges65/66B€17k€33k▲
Recurring financial charges65€17k€33k▲
Non-recurring financial charges66B-€582
Profit (loss) for the period before taxes9903€184k€170k▼
Income taxes67/77€101k€48k▼
Profit (loss) for the period9904€83k€121k▲
Profit (loss) for the period to be appropriated9905€83k€121k▲
Appropriation of the result
Profit (loss) to be appropriated9906€83k€121k▲
Transfer to equity691/2€83k-
To other reserves6921€83k-
Social balance
Average headcount (FTE)908791.4-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €3.77M | €3.22M | €3.15M | ▼ 2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36k | €72k | €85k | ▲ 17.8% |
| Other operating charges640/8 | €146 | €10k | €11k | ▲ 10.1% |
| Non-recurring operating charges66A | €10k | - | - | - |
| Gross operating margin9900 | €3.97M | €3.50M | €3.45M | ▼ 1.5% |
| Operating profit (loss)9901 | €147k | €200k | €203k | ▲ 1.4% |
| Financial income75/76B | €15k | €706 | - | - |
| Recurring financial income75 | €15k | €706 | - | - |
| Financial charges65/66B | €9k | €17k | €33k | ▲ 100% |
| Recurring financial charges65 | €9k | €17k | €33k | ▲ 96.6% |
| Non-recurring financial charges66B | - | - | €582 | - |
| Profit (loss) for the period before taxes9903 | €153k | €184k | €170k | ▼ 7.9% |
| Income taxes67/77 | €64k | €101k | €48k | ▼ 52.1% |
| Profit (loss) for the period9904 | €90k | €83k | €121k | ▲ 46.1% |
| Profit (loss) for the period to be appropriated9905 | €90k | €83k | €121k | ▲ 46.1% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.78M | €1.23M | €1.40M | ▲ 13.2% |
| Fixed assets21/28 | €307k | €312k | €298k | ▼ 4.3% |
| Tangible fixed assets22/27 | €291k | €285k | €282k | ▼ 1.1% |
| Land and buildings22 | €4k | €4k | €24k | ▲ 523% |
| Plant, machinery and equipment23 | €3k | €6k | €29k | ▲ 377% |
| Furniture and vehicles24 | €284k | €223k | €182k | ▼ 18.6% |
| Leasing and similar rights25 | - | €52k | - | - |
| Other tangible fixed assets26 | - | - | €48k | - |
| Financial fixed assets28 | €16k | €26k | €16k | ▼ 39.1% |
| Current assets29/58 | €1.48M | €922k | €1.10M | ▲ 19.0% |
| Amounts receivable after more than one year29 | - | - | €654k | - |
| Other amounts receivable291 | - | - | €654k | - |
| Amounts receivable within one year40/41 | €949k | €906k | €305k | ▼ 66.4% |
| Trade receivables40 | €949k | €897k | €175k | ▼ 80.5% |
| Other amounts receivable41 | - | €9k | €130k | ▲ 1,408% |
| Current investments50/53 | - | €5k | - | - |
| Cash at bank and in hand54/58 | €48k | - | €139k | - |
| Deferred charges and accrued income490/1 | €478k | €12k | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.78M | €1.23M | €1.40M | ▲ 13.2% |
| Equity10/15 | €95k | €177k | €299k | ▲ 68.2% |
| Contributions10/11 | €5k | €5k | €5k | = |
| Reserves13 | €90k | €172k | €172k | = |
| Distributable reserves133 | €90k | €172k | €172k | = |
| Profit (loss) carried forward14 | - | - | €121k | - |
| Amounts payable17/49 | €1.69M | €1.06M | €1.10M | ▲ 3.9% |
| Amounts payable after more than one year17 | €173k | €50k | €25k | ▼ 50.4% |
| Financial debts170/4 | €173k | €50k | €21k | ▼ 57.2% |
| Other amounts payable178/9 | - | - | €3k | - |
| Amounts payable within one year42/48 | €1.51M | €995k | €1.07M | ▲ 7.8% |
| Current portion of amounts payable after more than one year42 | €464k | €227k | €294k | ▲ 29.6% |
| Trade debts44 | €716k | €216k | €278k | ▲ 28.5% |
| Suppliers440/4 | €716k | €216k | €278k | ▲ 28.5% |
| Taxes, remuneration and social security45 | €334k | €532k | €493k | ▼ 7.2% |
| Taxes450/3 | €28k | €208k | €249k | ▲ 19.8% |
| Remuneration and social security454/9 | €306k | €324k | €245k | ▼ 24.6% |
| Other amounts payable47/48 | €615 | €21k | €8k | ▼ 62.3% |
| Accrued charges and deferred income492/3 | - | €11k | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €90k | €83k | €121k | ▲ 46.1% |
| + Depreciation and write-downs630 | €36k | €72k | €85k | ▲ 17.8% |
| Operating cash flow (approximation) | €126k | €155k | €206k | ▲ 32.9% |
| Investment in fixed assets (approximation) | - | €-76k | €-71k | ▲ 6.4% |
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
27-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 14-10-2025
22-10
Interim measure
Provisional administrator
Ondernemingsrechtbank Gent
26-09
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Gent · event 23-09-2025
13-06
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · collective agreement · event 04-06-2025
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 108 days late
2024
30-06
Financial
Highest result since 2022net €121k ▲46.1%
Operating result €203k, net result €121k, both a record.
30-06
Financial
Equity above €200kEq €299k ▲68.2%
3 profitable years in a row build equity to €299k.
16-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 76 days late
2023
30-06
Financial
Weakest financial yearnet €83k ▼7.4%
Net result drops to €83k, the lowest in the series.
30-06
Financial
Equity above €150kEq €177k ▲87.7%
2 profitable years in a row build equity to €177k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Zele · 1 establishment unit since 2021
Ground area
816 m²
Building footprint
141 m²
Volume, LiDAR
947 m³
Parcel 42403D0949/00R002, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
Gentsesteenweg 102, 9240 Zele
since 20212.313.330.630
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42403D0949/00R002 | Flanders | 816 m² | 1 · 141 m² | 9.8 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KLAAS KOENTGES LEIEKAAI 25, 9000 GENT- |
14-10-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteZele2.313.330.630
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Of 599 companies in sector 10111 we hold annual accounts for 329. 231 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
Founded11-02-2021
Fiscal year end30-06
Activities, NACEBEL 2025
10111Manufacture of food products
10120Manufacture of food products
43350Other building finishing work
64210Activities of holding companies
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.