HANCE
ActiveSummary
HANCE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €259,944 and a net result of €9,189. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 92% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability73=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days only on tighter terms
Liquidity ample (current ratio 7.97 against 5.25 in 2023; short-term debt: 7.1% and cash: 36.7% of total assets), and 8.5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-12-2025, 143 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
143 d late
2023
62 d late
2022
67 d late
2021
205 d late
2020
145 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 128 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€572,349
EBIT margin
5.9%
Net result
€9,189▼ 11.9%
2023 · €10,424
Working capital
€140,976▼ 27.1%
2023 · €193,414
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover
Operating result-€203€3,780€7,329▲ 93.9%€10,722▲ 46.3%€9,612▼ 10.4%
Net result-€184within the sector's middle half€3,226within the sector's middle half€6,775within the sector's middle half▲ 110%€10,424within the sector's middle half▲ 53.9%€9,189within the sector's middle half▼ 11.9%
EBIT margin
Equity€230,320above the sector's middle half▼ 0.1%€233,546above the sector's middle half▲ 1.4%€240,321above the sector's middle half▲ 2.9%€250,745above the sector's middle half▲ 4.3%€259,944above the sector's middle half▲ 3.7%
Total assets€288,269within the sector's middle half▼ 17.6%€284,442within the sector's middle half▼ 1.3%€270,273within the sector's middle half▼ 5.0%€303,260within the sector's middle half▲ 12.2%€284,155within the sector's middle half▼ 6.3%
Debt€57,949▼ 51.5%€50,896▼ 12.2%€29,952▼ 41.2%€52,515▲ 75.3%€24,211▼ 53.9%
Working capital€204,606above the sector's middle half▼ 3.0%€210,471above the sector's middle half▲ 2.9%€211,507above the sector's middle half▲ 0.5%€193,414above the sector's middle half▼ 8.6%€140,976above the sector's middle half▼ 27.1%
Solvency79.9%above the sector's middle half▲ 14.0pp82.1%above the sector's middle half▲ 2.2pp88.9%above the sector's middle half▲ 6.8pp82.7%above the sector's middle half▼ 6.2pp91.5%above the sector's middle half▲ 8.8pp
Current ratio6.01above the sector's middle half▲ 2.767.23above the sector's middle half▲ 1.2210.97above the sector's middle half▲ 3.745.25above the sector's middle half▼ 5.727.97above the sector's middle half▲ 2.72
Return on assets (ROA)-0.1%within the sector's middle half▼ 3.5pp1.1%within the sector's middle half▲ 1.2pp2.5%within the sector's middle half▲ 1.4pp3.4%within the sector's middle half▲ 0.9pp3.2%within the sector's middle half▼ 0.2pp
Staff (FTE)1within the sector's middle half1=1=
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 10% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €284,155
Fixed assets
€122,960 ▲ 91.0%
Current assets
€161,195 ▼ 32.5%
Equity and liabilities €284,155
Equity
€259,944 ▲ 3.7%
Debt
€24,211 ▼ 53.9%
Debt's share of the balance-sheet total falls from 17.3% to 8.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12,250▼
2023 · €13,361
Cash flow
€11,828▼
2023 · €13,063
Quick ratio
6.28▲
2023 · 3.07
Debt to equity
0.09▼
2023 · 0.21
ROE
3.5%▼
2023 · 4.2%
Interest coverage
28.98▼
2023 · 44.84
Debt ≤ 1 year
€20,220▼
2023 · €45,484
Debt > 1 year
€3,991▼
2023 · €7,030
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.7%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 10,905 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €54,012 | €47,108 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,639 | €2,639 | €2,639 | €2,639 | €2,639 | = |
| Gross operating margin9900 | €57,881 | €60,431 | €57,076 | €13,361 | €12,250 | ▼ 8.3% |
| Operating profit (loss)9901 | -€203 | €3,780 | €7,329 | €10,722 | €9,612 | ▼ 10.4% |
| Recurring financial income75 | €19 | - | - | - | - | - |
| Financial charges65/66B | - | €554 | €554 | €298 | €423 | ▲ 41.9% |
| Recurring financial charges65 | - | €554 | €554 | €298 | €423 | ▲ 41.9% |
| Profit (loss) for the period before taxes9903 | -€184 | €3,226 | €6,775 | €10,424 | €9,189 | ▼ 11.9% |
| Profit (loss) for the period9904 | -€184 | €3,226 | €6,775 | €10,424 | €9,189 | ▼ 11.9% |
| Profit (loss) for the period to be appropriated9905 | -€184 | €3,226 | €6,775 | €10,424 | €9,189 | ▼ 11.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €288,269 | €284,442 | €270,273 | €303,260 | €284,155 | ▼ 6.3% |
| Fixed assets21/28 | €42,840 | €40,201 | €37,562 | €64,362 | €122,960 | ▲ 91.0% |
| Tangible fixed assets22/27 | €35,340 | €32,701 | €30,062 | €56,862 | €115,460 | ▲ 103% |
| Plant, machinery and equipment23 | - | €7,232 | €6,601 | €20,478 | €20,076 | ▼ 2.0% |
| Furniture and vehicles24 | - | €25,469 | €23,461 | €36,384 | €95,384 | ▲ 162% |
| Financial fixed assets28 | €7,500 | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Current assets29/58 | €245,429 | €244,240 | €232,710 | €238,898 | €161,195 | ▼ 32.5% |
| Stocks and contracts in progress3 | €134,242 | €107,742 | €141,185 | €99,410 | €34,261 | ▼ 65.5% |
| Stocks30/36 | - | €107,742 | €141,185 | €99,410 | €34,261 | ▼ 65.5% |
| Amounts receivable within one year40/41 | €63,192 | €90,838 | €59,411 | €36,753 | €22,614 | ▼ 38.5% |
| Trade receivables40 | - | €90,838 | €59,411 | €36,753 | €22,614 | ▼ 38.5% |
| Cash at bank and in hand54/58 | €47,372 | €45,661 | €32,114 | €102,735 | €104,320 | ▲ 1.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €288,269 | €284,442 | €270,273 | €303,260 | €284,155 | ▼ 6.3% |
| Equity10/15 | €230,320 | €233,546 | €240,321 | €250,745 | €259,944 | ▲ 3.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €222,260 | €225,486 | €232,261 | €242,685 | €251,884 | ▲ 3.8% |
| Amounts payable17/49 | €57,949 | €50,896 | €29,952 | €52,515 | €24,211 | ▼ 53.9% |
| Amounts payable after more than one year17 | €17,126 | €17,126 | €8,748 | €7,030 | €3,991 | ▼ 43.2% |
| Financial debts170/4 | - | €17,126 | €8,748 | €7,030 | €3,991 | ▼ 43.2% |
| Amounts payable within one year42/48 | €40,823 | €33,769 | €21,204 | €45,484 | €20,220 | ▼ 55.5% |
| Current portion of amounts payable after more than one year42 | - | €8,378 | €8,378 | €2,536 | €7,444 | ▲ 194% |
| Trade debts44 | €12,685 | €11,967 | €7,724 | €24,028 | €9,078 | ▼ 62.2% |
| Suppliers440/4 | - | €11,967 | €7,724 | €24,028 | €9,078 | ▼ 62.2% |
| Taxes, remuneration and social security45 | - | €13,424 | €5,101 | €18,920 | €3,698 | ▼ 80.5% |
| Taxes450/3 | - | €13,424 | €5,101 | €18,920 | €3,698 | ▼ 80.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€184 | €3,226 | €6,775 | €10,424 | €9,189 | ▼ 11.9% |
| + Depreciation and write-downs630 | €2,639 | €2,639 | €2,639 | €2,639 | €2,639 | = |
| Operating cash flow (approximation) | €2,455 | €5,865 | €9,414 | €13,063 | €11,828 | ▼ 9.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€29,439 | -€61,236 | ▼ 108% |
| Change in cash | - | -€1,711 | -€13,547 | €70,621 | €1,585 | ▼ 97.8% |
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
21-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 143 days late
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
21-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 205 days late
2021
31-12
Financial
Back to profitnet €3,226
Net result €3,226 after one loss-making year.
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 145 days late
2020
31-12
Financial
Weakest financial yearnet -€184
Net result drops to -€184, the lowest in the series; recovery starts the following year.
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 145 days late
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Héron · 1 establishment unit since 2016
Ground area
1,332 m²
Building footprint
138 m²
Volume, LiDAR
1,228 m³
Parcel 61073A0269/00S000, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Garage HANCE
since 20162.252.158.470
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61073A0269/00S000 | Wallonia | 1,332 m² | 1 · 138 m² | 10.8 m · 3 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 2,129 companies in sector 46711 we hold annual accounts for 1,130. 731 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 (pre-2019)
Founded05-04-2016
Fiscal year end31-12
Activities, NACEBEL 2025
46711Wholesale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95313Repair and fitting of specific motor vehicle parts
95315Tyre services
95316Washing and cleaning of motor vehicles
95319Other maintenance and repair of motor vehicles
47820Retail sale of motor vehicle parts and accessories
46180Agents specialised in the wholesale of other particular products
46720Wholesale of motor vehicle parts and accessories
47300Retail sale of automotive fuel
Contact
Phone
085711570Héron
E-invoicing
Reachable via Peppol
Peppol ID
0208:0651601953
Also
9925:BE0651601953
Registered
05-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.