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HANOLUX

Active Private limited companyfounded 2003active for 23 yearsSteenweg op Zevendonk 191, 2300 TurnhoutKBO/BCE: BE 0479.936.303

Lifetime

20 annual accounts with figures on one time axis, 23 filings since 2003
peak €1.6m (2021)
€1.2m▼ 2.1%
lowest -€520,781 (2015)
€26,528▲ €39,327
peak €1.9m (2022)
€1.9m▲ 2.3%
€2.6m▼ 13.9%
peak 16.6 FTE (2012)
13.3 FTE▼ 10.7%
Board5 names since 2020
2 directorsBV Stijn Management and 1 other
Documentsfilings and deeds
29-07-20262 days before the deadline
2025abbreviated format
Back to profit: €26,528Staff from 14.9 FTE to 13.3 FTECash from €67,375 to €5,757

Key points

from the 2025 annual accounts

Turnover

≈ €4.9m estimated

The abbreviated format states no turnover.

Investments

€104,369 0.4 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

15 employees on 31-12-2025
302021212022342023222024772025

In 2025, 7 people joined and 7 left.

Filings

23 annual accounts since 2003
AprilJune31 JulyOctober20102020

The last five annual accounts were filed 2 to 46 days before the end of the period.

Board

2 joined · 1 left

Board changed. Latest change 17-02-2026 · 3 in office.

Position in the sector

€1.9m

More equity than 95% of companies in retail trade. Sector median €235,781 · 12,866 companies.

Checked score

82
Excellent
Financially stronger than 47% of small companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 3,697 companies (NACE 47, small).

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.5%▼ -0.4 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.5%● unchanged vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026lowest value 11-2026: 0.5%● unchanged vs 10-2026lowest value

Financial strength
Average

67+4equity 42.0% of total assets
33=short-term debt 37.8% · cash 0.1%
60+19return on assets 0.6%

Score breakdown

raises risk
Liquidity: current ratio 1.57, cash €5,757, halved
Size: 13.3 FTE, total assets €4.5m
lowers risk
Founded in 2003
Figures for financial year 2025 (filed on 29-07-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small). It does better than 63% of them on solvency, 34% on liquidity, 42% on profitability and 47% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 14,766 companies had the same profile as HANOLUX has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of HANOLUX itself: 0.5% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,766 companies, not a prediction for HANOLUX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €150,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.57 (1.5 in 2024), above the usual 1.5. Short-term debt is 37.8% and cash 0.1% of total assets. However, 58% of the assets are financed with debt and provisions.

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Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.57, cash €5,757, halved
NBB · annual accounts
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: 13.3 FTE, total assets €4.5m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 29-07-2026)
NBB · annual accounts
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
23 days early
2023
40 days early
2022
46 days early
2021
5 days early
2020
51 days early
2019
58 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 32 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BS
BV Stijn Management
Director, Stijn Schenkels
BL
BV Lies Managament
Director, Lies Schenkels
LM
Lies Management BV
Director, since 17-02-2026
  • Danielsdeed of 08-01-2020
  • Lies Schenkelsdeed of 08-01-2020
  • Wout Schenkelsdeed of 08-01-2020
and 1 other shareholderBoard & ownership

Recent changes

New director BV Lies Managament appointed, Anne-Marie Daniels resigned · Permanent representative: Lies Schenkels · General meeting of 17-02-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0479936303
Environmental permit granted Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) and 2 more · Turnhout
Appointment: BV Stijn Management (director) Permanent representative: Stijn Schenkels · General meeting of 01-02-2020 · Gazette deed
All 35 events

Comparable companies

same main activity, similar in size and age
Company
HANOLUX Turnhout €4.5m €1.2m 42.0% 13.3
DORSOO INTERNATIONAL Ninove €3.7m €1.2m 31.9% 14.5
Balo Living in Style Mol €4.6m €1.1m 24.4% 11.3
ABITARE Geel €5.3m €1.9m 44.1% 15.7
LOVIC Braine-le-Château €5.7m €1.3m 59.0% 17
meubles et literie thiry Beauraing €3.2m €0.9m 40.1% 12.9
HOUSE & GARDEN Wetteren €5.6m €0.9m 76.8% 10.2

These companies have the same main activity as HANOLUX: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €3.2m and €5.7m, founded between 1999 and 2010.

Official details

Source: KBO
Status
Active since 03-04-2003Normal situation
Activity
Retail sale of household furnitureNACE 47551and 3 others
Joint committees
100Auxiliary committee for blue-collar workers
201Independent retail · annual accounts 2025
Establishment unit
2.127.166.7452300 Turnhout, since 16-04-2003
Financial year end
31 December
Peppol
Reachable since 09-12-2025
Company details

Annual accounts 2025

€4.5m▼ 7.8%
Employeeson 31-12-2025
15=
Filing
Filed on 29-07-2026, 2 days before the end of the filing period
Financials

Insights on HANOLUX

HANOLUX files the abbreviated format. That format states no turnover. The gross margin rose from €620,128 in 2006 to €1.2m in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about HANOLUX

What is the company number of HANOLUX?
The company number of HANOLUX is 0479.936.303. The VAT number is the same number with BE in front: BE 0479.936.303.
Where is HANOLUX based?
The registered office is at Steenweg op Zevendonk 191, 2300 Turnhout.Company details
What does HANOLUX do?
According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
What is the legal form of HANOLUX?
HANOLUX is a private limited company (BV).
When was HANOLUX founded?
HANOLUX was founded on 03-04-2003.
Is HANOLUX still active?
Yes, HANOLUX is an active enterprise in the KBO register.
How many employees does HANOLUX have?
HANOLUX had an average of 13.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does HANOLUX fall under?
In its 2025 annual accounts, HANOLUX states joint committees 100 (Auxiliary committee for blue-collar workers) and 201 (Independent retail).
What is the turnover of HANOLUX?
The turnover in financial year 2025 is ≈ €4.9m. This figure is estimated from the gross margin of €1.2m and 87 comparable companies (NACE 47). It probably lies between €2.9m and €8.9m.
Is HANOLUX profitable?
In financial year 2025, HANOLUX made a profit of €26,528.
Where can I find the annual accounts of HANOLUX?
HANOLUX filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HANOLUX due?
HANOLUX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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