HASCO GROUP
ActiveSummary
The computed 12-month bankruptcy probability of HASCO GROUP is 4.6% (elevated). The 2024 annual accounts show equity of €9k and a net result of €1k. Its solvency ranks better than 30% of 26043 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes
Profitability42
Solvency35
Growth-
Track record79
Bankruptcy probability, 12 months
4.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 1.54; short-term debt: 64.8% and cash: 15.1% of total assets), but 89.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · 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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
10.2%
Return on assets
1.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-08-2025, 14 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 · 1 filingDeviation from the deadline
2024
14 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€969k
EBIT margin
0.2%
Net result
€1k
Working capital
€30k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €85k
Equity
€9k
Debt
€76k
Debt finances 89.8% of the balance-sheet total.
Key figures and ratios
Current ratio
1.54
Quick ratio
0.28
Debt to equity
8.80
ROE
16.8%
ROA
1.7%
Debt ≤ 1 year
€55k
Debt > 1 year
€21k
Income taxes
€363
Staff costs
€18k
Filed annual accounts As filed with the NBB · 2024 · 34 lines
Balance sheet
Code2024
Assets
Total assets20/58€85k
Current assets29/58€85k
Stocks and contracts in progress3€69k
Stocks30/36€69k
Amounts receivable within one year40/41€1k
Other amounts receivable41€1k
Cash at bank and in hand54/58€13k
Deferred charges and accrued income490/1€1k
Equity and liabilities
Total equity and liabilities10/49€85k
Equity10/15€9k
Contributions10/11€7k
Profit (loss) carried forward14€1k
Amounts payable17/49€76k
Amounts payable after more than one year17€21k
Other amounts payable178/9€21k
Amounts payable within one year42/48€55k
Trade debts44€45k
Suppliers440/4€45k
Taxes, remuneration and social security45€10k
Taxes450/3€10k
Remuneration and social security454/9€100
Income statement
Code2024
Turnover70€969k
Goods, raw materials, services and sundry goods60/61€960k
Remuneration, social security and pensions62€18k
Other operating charges640/8€3k
Gross operating margin9900€23k
Operating profit (loss)9901€2k
Financial charges65/66B€297
Recurring financial charges65€297
Profit (loss) for the period before taxes9903€2k
Income taxes67/77€363
Profit (loss) for the period9904€1k
Profit (loss) for the period to be appropriated9905€1k
Appropriation of the result
Profit (loss) to be appropriated9906€1k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 |
|---|---|
| Turnover70 | €969k |
| Goods, raw materials, services and sundry goods60/61 | €960k |
| Remuneration, social security and pensions62 | €18k |
| Other operating charges640/8 | €3k |
| Gross operating margin9900 | €23k |
| Operating profit (loss)9901 | €2k |
| Financial charges65/66B | €297 |
| Recurring financial charges65 | €297 |
| Profit (loss) for the period before taxes9903 | €2k |
| Income taxes67/77 | €363 |
| Profit (loss) for the period9904 | €1k |
| Profit (loss) for the period to be appropriated9905 | €1k |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €85k | |
| Current assets29/58 | €85k | |
| Stocks and contracts in progress3 | €69k | |
| Stocks30/36 | €69k | |
| Amounts receivable within one year40/41 | €1k | |
| Other amounts receivable41 | €1k | |
| Cash at bank and in hand54/58 | €13k | |
| Deferred charges and accrued income490/1 | €1k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €85k | |
| Equity10/15 | €9k | |
| Contributions10/11 | €7k | |
| Profit (loss) carried forward14 | €1k | |
| Amounts payable17/49 | €76k | |
| Amounts payable after more than one year17 | €21k | |
| Other amounts payable178/9 | €21k | |
| Amounts payable within one year42/48 | €55k | |
| Trade debts44 | €45k | |
| Suppliers440/4 | €45k | |
| Taxes, remuneration and social security45 | €10k | |
| Taxes450/3 | €10k | |
| Remuneration and social security454/9 | €100 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €1k |
| Operating cash flow (approximation) | €1k |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Anderlecht · 1 establishment unit since 2023
Ground area
316 m²
Building footprint
390 m²
Volume, LiDAR
3,155 m³
2 parcels, Brussels · tallest building 18.3 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
HASCO GROUP
since 20232.351.106.883
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21304B0138/00W008 | Brussels | 191 m² | 1 · 191 m² | 17.2 m · 1 fl. |
| 21523B0945/00T005 | Brussels | 125 m² | 1 · 199 m² | 18.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Jans-Molenbeek2.351.106.883
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Of 10,510 companies in sector 47110 we hold annual accounts for 5,851. 3,303 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-08-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Scores and ratios are computed by Checked and are not a credit decision.