HanToonius

Active

Private limited companyfounded 20224 yrs activeAntwerpsesteenweg 195, 2950 Kapellen, BelgiumKBO/BCE: BE 0787.905.066

The computed 12-month bankruptcy probability of HanToonius is 2.0% (moderate). The 2025 annual accounts show equity of €18k and a net result of €701. Equity is growing by ~26.4% per year across the filed fiscal years. Its solvency ranks better than 43% of 18237 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

53 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability48▼-29

Solvency51▲+2

Growth52▼-26

Track record94

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity tight (current ratio 1.14 against 1.45 in 2024; short-term debt: 37.9% and cash: 24.3% of total assets), and 74.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Filed after the deadline

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 3 filings

Deviation from the deadline

2025

2 d late

2024

on the day

2023

6 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close21-09-2026 today31-01-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€18k▲ 4.0%

2024 · €18k

2023: €9k 2024: €18k

2023 → 2025

Total assets

€72k▼ 3.3%

2024 · €74k

2023: €72k 2024: €74k

2023 → 2025

Net result

€701▼ 91.9%

2024 · €9k

2023: €8k 2024: €9k

2023 → 2025

Working capital

€4k▼ 60.6%

2024 · €10k

2023: €37k 2024: €10k

2023 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Equity€9k-€18k▲ 95.3%€18k▲ 4.0%

Operating result€13k-€16k▲ 20.1%€6k▼ 60.1%

Net result€8k-€9k▲ 7.2%€701▼ 91.9%

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 2025; 2025 is 60% below 2024 and is the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €72k

56.7%

43.3%

Fixed assets €41k▼ 3.6%

Current assets €31k▼ 3.0%

Equity and liabilities €72k

25.7%

74.3%

Equity €18k▲ 4.0%

Debt €53k▼ 5.6%

The debt ratio falls from 76.1% to 74.3%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€14k▼

2024 · €20k

Cash flow

€9k▼

2024 · €13k

Solvency

25.7%▲

2024 · 23.9%

Current ratio

1.14▼

2024 · 1.45

Quick ratio

1.06▼

2024 · 1.38

Debt / equity

2.90▼

2024 · 3.19

ROE

3.8%▼

2024 · 48.8%

ROA

1.0%▼

2024 · 11.6%

Interest coverage

3.40▼

2024 · 5.28

Debt

€53k▼

2024 · €56k

Debt ≤ 1 year

€27k▲

2024 · €22k

Debt > 1 year

€16k▼

2024 · €20k

Income taxes

€1k▼

2024 · €3k

Staff costs

€48k▲

2024 · €32k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€74k€72k▼

Fixed assets21/28€42k€41k▼

Tangible fixed assets22/27€42k€41k▼

Plant, machinery and equipment23€10k€13k▲

Furniture and vehicles24€5k€4k▼

Other tangible fixed assets26€27k€24k▼

Current assets29/58€32k€31k▼

Stocks and contracts in progress3€2k€2k▲

Stocks30/36€2k€2k▲

Amounts receivable within one year40/41€18k€8k▼

Trade receivables40€16k€7k▼

Other amounts receivable41€1k€1k▼

Cash at bank and in hand54/58€12k€17k▲

Deferred charges and accrued income490/1€973€3k▲

Equity and liabilities

Total equity and liabilities10/49€74k€72k▼

Equity10/15€18k€18k▲

Contributions10/11€1k€1k=

Reserves13€17k€17k=

Distributable reserves133€17k€17k=

Profit (loss) carried forward14€59€760▲

Amounts payable17/49€56k€53k▼

Amounts payable after more than one year17€20k€16k▼

Financial debts170/4€20k€16k▼

Amounts payable within one year42/48€22k€27k▲

Current portion of amounts payable after more than one year42€4k€6k▲

Trade debts44€8k€8k▼

Suppliers440/4€8k€8k▼

Taxes, remuneration and social security45€7k€11k▲

Taxes450/3€4k€2k▼

Remuneration and social security454/9€4k€9k▲

Other amounts payable47/48€3k€3k▼

Accrued charges and deferred income492/3€15k€11k▼

Income statement Code20242025

Remuneration, social security and pensions62€32k€48k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€8k▲

Other operating charges640/8€0€118▲

Gross operating margin9900€52k€62k▲

Operating profit (loss)9901€16k€6k▼

Financial income75/76B€18€0▼

Recurring financial income75€18€0▼

Financial charges65/66B€4k€4k▲

Recurring financial charges65€4k€4k▲

Profit (loss) for the period before taxes9903€12k€2k▼

Income taxes67/77€3k€1k▼

Profit (loss) for the period9904€9k€701▼

Profit (loss) for the period to be appropriated9905€9k€701▼

Appropriation of the result

Profit (loss) to be appropriated9906€9k€760▼

Profit (loss) brought forward from the previous period14P€41€59▲

Transfer to equity691/2€9k€0▼

To other reserves6921€9k€0▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

Next filing, fiscal year 2026, expected by 31-01-2027

2026

02-02

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 2 days late

2025

30-06

Financial Weakest financial yearnet €701 ▼91.9%

Net result drops to €701, the lowest in the series.

31-01

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-06

Financial Highest result since 2023net €9k ▲7.2%

Operating result €16k, net result €9k, both a record.

25-01

NBB filing Annual accounts filed

fiscal year 2023 · 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, Kapellen · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Antwerpsesteenweg 1952950 Kapellen

Ground area

255 m²

Building footprint

255 m²

Volume, LiDAR

1,163 m³

Parcel 11362M0496/00M005, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

Atelier Co-Pain Kapellen

Antwerpsesteenweg 195, 2950 KapellenArtisanal bread and fresh pastry making

since 20222.333.365.187

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11362M0496/00M005	Flanders	255 m²	1 · 255 m²	10.4 m · 1 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Kapellen (Antw.)2.333.365.187

1 permission

Toelating · Detailhandel met verwerking · since 28-07-2022

Similar companies · same sector, comparable size

Lens (Hainaut) · Eq €18k

Of 2,407 companies in sector 47241 we hold annual accounts for 1,099. 825 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded01-07-2022

Fiscal year end30-06

Activities, NACEBEL

10712Artisanal bread and fresh pastry making

47241Retail sale of bread and pastry (bakery outlets)

10720Manufacture of food products

47110Non-specialised retail sale with food, beverages or tobacco predominating

47112Retail trade

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.