Debts
€506,049 71% of the balance sheet
Financial debts 55%Suppliers 22%Taxes and wages 6%Other 17%
Of this, €274,152 falls due within a year.
HAP ELEKTRO
Lifetime
14 annual accounts with figures on one time axispeak €503,374 (2020)
€329,849▲ 17.8%
lowest -€15,556 (2014)
€12,762▲ €22,994
peak €200,923 (2025)
€200,923▲ 6.8%
€506,049▼ 17.4%
peak 7.6 FTE (2021)
4 FTE▲ 5.3%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025abbreviated format
Gross margin from €279,890 to €329,849Back to profit: €12,762Debts from €612,688 to €506,049Cash from €56,684 to €11,387
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,514 companies had the same profile as HAP ELEKTRO has now. Each dot stands for 12 companies, two years later.
96.8%
were still trading
1.8%
stopped another way
1.4%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 4,514 companies, not a prediction for HAP ELEKTRO. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0839695148
First establishment
Zwevezelestraat 35, Torhout
Incorporation
published on 10-10-2011 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HAP ELEKTRO Torhout | €709,064 | €329,849 | 28.3% | 4 |
| Electro J&P Coppens Knokke-Heist | €647,375 | €380,822 | 15.4% | 3.8 |
| LD HORSE STABLES Gavere | €826,883 | €350,130 | 46.1% | 3.7 |
| Blomme Agro Torhout | €908,073 | €256,627 | 93.7% | 3.1 |
| Sounds Better Zwevegem | €873,120 | €387,055 | 6.7% | 4.8 |
| ROUSSEEUW STEFAN Ypres | €985,678 | €363,076 | 25.1% | 3.6 |
| DUPONT ELECTRO Lichtervelde | €591,183 | €281,599 | 0.2% | 4 |
These companies have the same main activity as HAP ELEKTRO: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €591,000 and €986,000, founded between 2006 and 2012.
Official details
Source: KBO- Status
- Active since 26-09-2011Normal situation
- Activity
- General electrical installation workNACE 43211
- Establishment unit
- 2.203.174.9558820 Torhout, since 28-09-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 07-11-2025
Insights on HAP ELEKTRO
HAP ELEKTRO files the abbreviated format. That format states no turnover. The gross margin rose from €211,480 in 2012 to €329,849 in 2025.
The balance sheet grew most from 2016 to 2018 through fixed assets, financed with long-term debt.
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 HAP ELEKTRO
- What is the company number of HAP ELEKTRO?
- The company number of HAP ELEKTRO is 0839.695.148. The VAT number is the same number with BE in front: BE 0839.695.148.
- Where is HAP ELEKTRO based?
- The registered office is at Zwevezelestraat 35, 8820 Torhout.Company details
- What does HAP ELEKTRO do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of HAP ELEKTRO?
- HAP ELEKTRO is a private limited company (pre-2019) (BVBA).
- When was HAP ELEKTRO founded?
- HAP ELEKTRO was founded on 26-09-2011.
- Is HAP ELEKTRO still active?
- Yes, HAP ELEKTRO is an active enterprise in the KBO register.
- How many employees does HAP ELEKTRO have?
- HAP ELEKTRO had an average of 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of HAP ELEKTRO?
- The turnover in financial year 2025 is ≈ €730,000. This figure is estimated from the gross margin of €329,849 and 35 comparable companies (NACE 43211). It probably lies between €630,000 and €900,000.
- Is HAP ELEKTRO profitable?
- In financial year 2025, HAP ELEKTRO made a profit of €12,762.
- Where can I find the annual accounts of HAP ELEKTRO?
- HAP ELEKTRO filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HAP ELEKTRO due?
- HAP ELEKTRO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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