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HASSELBROUCK

Active
Public limited companyfounded 199036 yrs activeHerbiester 217, 4845 Jalhay, BelgiumKBO/BCE: BE 0440.452.353
Summary

The computed 12-month bankruptcy probability of HASSELBROUCK is 2.3% (moderate). The annual accounts of HASSELBROUCK for fiscal year 2025 show a net loss of 69% of the equity at the start of that year. The 2025 annual accounts show equity of €10,279 and a net result of -€38,048. Equity is shrinking by ~19.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Activity not known
How big
€878,454total assets 2025
Equity
€10,279
Loss
-€38,048
Turnover not published (abridged schema)
Financially healthy?
51 Fair Checked score 2025
Bankruptcy chance 12 m
2.3%
Who decides
Accounts 31 d early0 of 4 deeds read
Why 51- Figures for FY 2024 (filed 25-07-2025)- No establishment unit in the KBO- Liquidity: current ratio 0.03, cash €3,567, halved+ Size: total assets €929,269Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 13% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency 26-5
equity 1.2% of total assets
Liquidity 14-3
short-term debt 68.1% · cash 0.0%
Profitability 13=
return on assets -4.3%
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

  • Size: total assets €929,269 lowers the probability for this profile
  • Figures for FY 2024 (filed 25-07-2025) raises the probability
  • No establishment unit in the KBO raises the probability
  • Liquidity: current ratio 0.03, cash €3,567, halved raises the probability
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.01 against 0.03 in 2024; short-term debt: 68.1% and cash: 0% of total assets), and 98.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 20%, liquidity 12%, profitability 13%, growth against the median 9%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €929,269
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 25-07-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · No establishment unit in the KBO
In the bankruptcy model this factor raises the probability.
KBO · seat and establishments
raises risk · Liquidity: current ratio 0.03, cash €3,567, halved
In the bankruptcy model this factor raises the probability.
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
6 d early
2023
9 d late
2022
30 d late
2021
2 d late
2020
26 d late
2019
33 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 9 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 2 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€46,400

Key points

  • Risk: 8 loss-making years in a rowloss fiscal year 2025 -€38,048 View
  • Active since 1990founded 23-03-1990 36 years View
  • Total assets 20256 fiscal years filed €878,454 View

By topic

Financials

Fiscal year
2025
Total assets
€878,454
Loss
-€38,048
Solvency
1.2%
Total assets▼ 5.5%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 30-06-2026Annual accounts filed
  2. 25-07-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Legal form
Public limited company
Founded
23-03-1990
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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