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HANGAR 160

Active
Private limited companyfounded 20188 yrs activeAntwerpsesteenweg 160, 2660 Antwerpen, BelgiumKBO/BCE: BE 0700.618.231
Summary

HANGAR 160 has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €415,887 and a net result of €97,613. Equity is growing by ~57.4% per year across the filed fiscal years. Its solvency ranks better than 59% of 26034 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).

Overview

Activity
Retail sale of hardware, building materials, paint and glass (general range)
NACE 47521NACE 46731Wholesale of construction materials, general range NACE 46831
1 site
Size
€962,323total assets 2024
Equity
€415,887
Profit
€97,613
Turnover not published (abridged schema)
Financial health
65 Healthy Checked score 2024
Bankruptcy chance 12 m
1.5%
Structure
Accounts 63 d overdue0 of 3 deeds read
Why 65- Figures for FY 2024 (filed 16-07-2025)- 1 financial year not filed after the legal deadline; 1 of the last 3 late- Founded in 2018+ Size: total assets €962,323Show the evidence

Checked score

Score 2024
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 65% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency 68+2
equity 43.2% of total assets
Liquidity 49+11
short-term debt 56.8% · cash 22.6%
Profitability 81-6
return on assets 10.1%
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (39,898 companies)
Last 17 months 06-2025: 0.5% 07-2025: 0.6%▲ +8.9% vs 06-2025 08-2025: 0.3%▼ -55.2% vs 07-2025 09-2025: 0.3%● 0.0% vs 08-2025 10-2025: 0.3%● 0.0% vs 09-2025 11-2025: 0.3%● 0.0% vs 10-2025 12-2025: 0.3%● 0.0% vs 11-2025 01-2026: 0.3%▲ +1.2% vs 12-2025 02-2026: 0.3%▲ +0.8% vs 01-2026 03-2026: 0.2%▼ -2.3% vs 02-2026 04-2026: 0.2%▼ -1.2% vs 03-2026lowest value 05-2026: 0.3%▲ +1.2% vs 04-2026 06-2026: 0.3%▲ +6.0% vs 05-2026 07-2026: 0.3%▲ +13.2% vs 06-2026 08-2026: 0.7%▲ +121% vs 07-2026 09-2026: 0.7%▲ +8.9% vs 08-2026 10-2026: 1.5%▲ +102% vs 09-2026highest value
  • Figures for FY 2024 (filed 16-07-2025) raises the probability
  • 1 financial year not filed after the legal deadline; 1 of the last 3 late raises the probability
  • Size: total assets €962,323 lowers the probability for this profile
  • Founded in 2018 raises the probability for this profile
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 1.75 against 1.66 in 2023; short-term debt: 56.8% and cash: 22.6% of total assets), but 56.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 58%, liquidity 49%, profitability 74%, growth against the median 79%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 16-07-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Size: total assets €962,323
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Founded in 2018
In the bankruptcy model this factor raises the probability for this profile.
KBO
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 16-07-2025, 15 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
15 d early
2023
30 d early
2022
191 d late
2021
71 d late
2020
38 d late
2019
42 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 50 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Positive: Among the best 5% on net resultsector median €4,452 · 26,002 companies €97,613 View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Positive: 6 profitable years in a rowprofit 2024: €97,613 6 years View
  • Positive: Equity rose in 2024from €318,273 to €415,887 ▲ 30.7% View

By topic

Financials

Fiscal year
2024
Total assets
€962,323
Profit
€97,613
Solvency
43.2%
Total assets▲ 23.0%
Net result
20192024
Go to Financials

Timeline

Events
9
Since
2020
  1. 16-07-2025Annual accounts filed
  2. 01-07-2024Annual accounts filed
  3. 07-02-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of hardware, building materials, paint and…NACE 47521
Founded
02-08-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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