HAPKA
Annual accounts 2025
abbreviated format, filed on 26-02-2026, 118 days lateMoney flows
of every €100 of turnover, €0.91 remains as profit in 2025Balance sheet
balance sheet total €952,911 on 31-03-2025in euro
in euro
Position in the sector
17.8%
Higher than 26% of 2,818 companies in 2025.
1.28
Higher than 36% of 2,746 companies in 2025.
2.5%
Higher than 43% of 2,782 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
952,911 | 1.5m | 1.1m | 491,952 | 438,083 | |
21/28 |
389,352 | 51,522 | 26,648 | 32,006 | 25,798 | |
22/27 |
384,821 | 50,872 | 25,998 | 32,006 | 25,798 | |
22 |
320,514 | - | - | - | - | |
23 |
9,918 | 13,374 | 13,385 | 10,940 | - | |
24 |
54,389 | 9,086 | 12,613 | 21,066 | 25,798 | |
27 |
- | 28,413 | - | - | - | |
28 |
4,531 | 650 | 650 | - | - | |
29/58 |
563,559 | 1.4m | 1.0m | 459,946 | 412,285 | |
40/41 |
549,955 | 1.4m | 909,506 | 390,763 | 353,435 | |
40 |
400,503 | 1.2m | 754,634 | 285,032 | 269,699 | |
41 |
149,452 | 179,356 | 154,872 | 105,731 | 83,737 | |
54/58 |
10,449 | 30,281 | 63,760 | 43,412 | 58,850 | |
490/1 |
3,155 | 2,153 | 56,298 | 25,770 | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
952,911 | 1.5m | 1.1m | 491,952 | 438,083 | |
10/15 |
169,706 | 146,026 | 166,039 | 111,623 | 57,100 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
14 |
164,706 | 141,026 | 161,039 | 106,623 | 52,100 | |
17/49 |
783,205 | 1.3m | 890,174 | 380,329 | 380,984 | |
17 |
342,003 | - | - | - | - | |
170/4 |
342,003 | - | - | - | - | |
42/48 |
441,202 | 1.3m | 890,174 | 380,329 | 380,984 | |
42 |
15,260 | 3,053 | 6,384 | 9,715 | 13,046 | |
44 |
358,674 | 1.2m | 836,589 | 279,447 | 307,658 | |
440/4 |
358,674 | 1.2m | 836,589 | 76,393 | 18,198 | |
441 |
- | - | - | 203,054 | 289,460 | |
45 |
44,339 | 53,083 | 47,094 | 91,167 | 60,280 | |
450/3 |
41,339 | 44,583 | 16,358 | 15,406 | 10,980 | |
454/9 |
3,000 | 8,500 | 30,736 | 75,761 | 49,300 | |
47/48 |
22,928 | 62,178 | 107 | - | - | |
| Income statement | ||||||
70 |
2.6m | 2.4m | 2.1m | 1.5m | 1.3m | |
9900 |
121,970 | 119,699 | 99,378 | 95,900 | 75,465 | |
60/61 |
2.5m | 2.3m | 2.0m | 1.4m | 1.2m | |
630 |
73,930 | 13,205 | 15,233 | 11,867 | 3,264 | |
631/4 |
600 | 28,037 | - | - | - | |
640/8 |
6,994 | 30,426 | 4,158 | 3,697 | 968 | |
66A |
- | 0 | 3,820 | - | - | |
9901 |
40,445 | 48,030 | 76,168 | 80,337 | 71,233 | |
75/76B |
7,433 | 10,412 | 7,586 | 5,111 | 3,703 | |
75 |
7,433 | 10,412 | 7,586 | 5,111 | 3,703 | |
65/66B |
11,084 | 9,171 | 12,980 | 15,519 | 11,857 | |
65 |
11,084 | 9,171 | 12,980 | 15,519 | 11,857 | |
9903 |
36,794 | 49,272 | 70,774 | 69,929 | 63,079 | |
67/77 |
13,114 | 19,285 | 16,358 | 15,406 | 10,980 | |
9904 |
23,681 | 29,987 | 54,416 | 54,523 | 52,100 | |
9905 |
23,681 | 29,987 | 54,416 | 54,523 | 52,100 | |
| Appropriation of the result | ||||||
9906 |
164,706 | 191,026 | 161,039 | 106,623 | 52,100 | |
14P |
141,026 | 161,039 | 106,623 | 52,100 | - | |
694/7 |
- | 50,000 | - | - | - | |
694 |
- | 50,000 | - | - | - | |
| Document | ||||||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 26-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 118 days after the deadline. Filed on 26 February 2026, deadline 31 October 2025 (7 months after the close on 31 March 2025, Companies Code art. 3:10). Source: NBB, 2026-00044022.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2025 | abbreviated format | 26-02-2026 | 2026-00044022 | |
| 31-03-2024 | micro format | 04-02-2025 | 2025-00030784 | |
| 31-03-2023 | micro format | 28-11-2023 | 2023-00517254 | |
| 31-03-2022 | micro format | 15-11-2022 | 2022-20520813 | |
| 31-03-2021 | micro format | 03-11-2021 | 2021-76300028 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 114,375 | 61,236 | 91,401 | 92,203 | 74,497 | ||
| 97,611 | 43,192 | 69,649 | 66,390 | 55,364 | ||
| 411,760 | 38,080 | 9,874 | 18,075 | 29,062 | ||
| -19,832 | -33,479 | 20,348 | -15,438 | - | ||
| 122,358 | 94,503 | 139,391 | 79,617 | 31,302 | ||
| 1.5% | 2.0% | 3.6% | 5.5% | 5.7% | ||
| 17.8% | 10.1% | 15.7% | 22.7% | 13.0% | ||
| 1.28 | 1.07 | 1.16 | 1.21 | 1.08 | ||
| 4.62 | 8.93 | 5.36 | 3.41 | 6.67 | ||
| 14.0% | 20.5% | 32.8% | 48.8% | 91.2% | ||
| 2.5% | 2.1% | 5.2% | 11.1% | 11.9% | ||
| 10.32 | 6.68 | 7.04 | 5.94 | - | ||
| 56 days | 179 days | 131 days | 71 days | 78 days | ||
| 52 days | 188 days | 152 days | 75 days | 95 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €407,879 | €38,080 | €9,224 | €18,075 |
| Financial fixed assets | €3,881 | - | €650 | - |
| €73,930 | €13,205 | €15,233 | €11,867 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on HAPKA
The operating result for 2025 is 16% lower than in 2024 and the lowest since 2021. It is the third fall in a row.
Debt's share of the balance-sheet total falls from 89.9% to 82.2%. Equity is higher and debt is lower.