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HASSOLATE

Active
Private limited companyfounded 200718 yrs activeRechtstraat 5, 3570 Alken, BelgiumKBO/BCE: BE 0894.049.097
Summary

HASSOLATE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,384 and a net result of €20,300. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 18458 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability88▲+6
Solvency30▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
4.8%
Return on assets
15.1%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
28 d late
2024
15 d early
2023
32 d early
2022
12 d early
2021
60 d late
2020
30 d late
2019
11 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 7 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed 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.
Companies Code · seven months
Position in the running window
26-09-2026 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

History

On 10 December 2007, HASSOLATE was incorporated.1 Total assets went from EUR 152,499 in 2018 to EUR 134,352 in 2025 and headcount from 1 to 0.4 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€6,384
2024 · -€13,916
Total assets
€134,352▼ 0.6%
2024 · €135,143
Net result
€20,300▲ 45.6%
2024 · €13,945
Working capital
-€58,054▲ 31.9%
2024 · -€85,293
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€19,658▼ 149%€4,582€45,162▲ 886%€21,057▼ 53.4%€32,419▲ 54.0%
Net result-€23,662▼ 98.9%€1,960€40,136▲ 1,948%€13,945▼ 65.3%€20,300▲ 45.6%
Equity-€69,958▼ 51.1%-€67,998▲ 2.8%-€27,862▲ 59.0%-€13,916▲ 50.1%€6,384
Total assets€148,715▲ 22.6%€116,218▼ 21.9%€169,970▲ 46.3%€135,143▼ 20.5%€134,352▼ 0.6%
Debt€218,673▲ 30.4%€184,216▼ 15.8%€197,832▲ 7.4%€149,060▼ 24.7%€127,968▼ 14.1%
Working capital-€102,783▼ 227%-€100,847▲ 1.9%-€95,257▲ 5.5%-€85,293▲ 10.5%-€58,054▲ 31.9%
Staff (FTE)0.30.5▲ 66.7%0.3▼ 40.0%0.4▲ 33.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000Operating result 2021: -€19,658-€19,658Net result 2021: -€23,662-€23,662Operating result 2022: €4,582€4,582Net result 2022: €1,960€1,960Operating result 2023: €45,162€45,162Net result 2023: €40,136€40,136Operating result 2024: €21,057€21,057Net result 2024: €13,945€13,945Operating result 2025: €32,419€32,419Net result 2025: €20,300€20,30020212022202320242025€0€20,000€40,000Operating result 2023: €45,162€45,200Net result 2023: €40,136€40,100Operating result 2024: €21,057€21,100Net result 2024: €13,945€13,900Operating result 2025: €32,419€32,400Net result 2025: €20,300€20,300202320242025
The operating result recovers in 2025; 2025 is 54% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €134,352
Fixed assets €77,122 ▼ 16.6%
Current assets €57,230 ▲ 34.3%
Equity and liabilities €134,352
Equity €6,384
Debt €127,968
Debt finances 95.2% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€47,817▲
2024 · €36,387
Cash flow
€35,698▲
2024 · €29,275
Current ratio
0.50▲
2024 · 0.33
Quick ratio
0.45▲
2024 · 0.26
Debt to equity
20.05▲
2024 · -10.71
ROE
318.0%
ROA
15.1%▲
2024 · 10.3%
Interest coverage
18.22▲
2024 · 10.74
Debt ≤ 1 year
€115,284▼
2024 · €127,917
Debt > 1 year
€9,444▼
2024 · €14,493
Income taxes
€9,819▲
2024 · €3,834
Staff costs
€16,054▼
2024 · €16,536
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€135,143€134,352▼
Fixed assets21/28€92,520€77,122▼
Intangible fixed assets21€15,000€10,000▼
Tangible fixed assets22/27€77,032€66,634▼
Plant, machinery and equipment23€53,073€49,085▼
Furniture and vehicles24€23,959€17,549▼
Financial fixed assets28€488€488=
Current assets29/58€42,623€57,230▲
Stocks and contracts in progress3€9,740€5,230▼
Stocks30/36€9,740€5,230▼
Amounts receivable within one year40/41€2,481€15,670▲
Trade receivables40€100-
Other amounts receivable41€2,381€15,670▲
Current investments50/53€0€0=
Cash at bank and in hand54/58€28,537€34,071▲
Deferred charges and accrued income490/1€1,865€2,258▲
Equity and liabilities
Total equity and liabilities10/49€135,143€134,352▼
Equity10/15-€13,916€6,384▲
Contributions10/11€6,200€6,200=
Reserves13€5,196€184▼
Distributable reserves133€5,196€184▼
Profit (loss) carried forward14-€25,312-
Amounts payable17/49€149,060€127,968▼
Amounts payable after more than one year17€14,493€9,444▼
Financial debts170/4€14,493€9,444▼
Amounts payable within one year42/48€127,917€115,284▼
Current portion of amounts payable after more than one year42€27,159€5,049▼
Financial debts43€137€6▼
Credit institutions430/8€137€6▼
Trade debts44€15,887€14,273▼
Suppliers440/4€15,887€14,273▼
Taxes, remuneration and social security45€5,866€16,893▲
Taxes450/3€4,086€14,094▲
Remuneration and social security454/9€1,780€2,800▲
Other amounts payable47/48€78,866€79,063▲
Accrued charges and deferred income492/3€6,650€3,240▼
Income statement Code20242025
Remuneration, social security and pensions62€16,536€16,054▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,330€15,398▲
Other operating charges640/8€1,668€995▼
Gross operating margin9900€54,592€64,866▲
Operating profit (loss)9901€21,057€32,419▲
Financial income75/76B€109€324▲
Recurring financial income75€109€324▲
Financial charges65/66B€3,386€2,624▼
Recurring financial charges65€3,386€2,624▼
Profit (loss) for the period before taxes9903€17,780€30,119▲
Income taxes67/77€3,834€9,819▲
Profit (loss) for the period9904€13,945€20,300▲
Profit (loss) for the period to be appropriated9905€13,945€20,300▲
Appropriation of the result
Profit (loss) to be appropriated9906-€25,312-€5,012▲
Profit (loss) brought forward from the previous period14P-€39,257-€25,312▲
Transfer from equity791/2-€5,012

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€15,788€8,818€15,780€16,536€16,054▼ 2.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,690€22,881€10,735€15,330€15,398▲ 0.4%
Other operating charges640/8€1,573€358€984€1,668€995▼ 40.3%
Non-recurring operating charges66A€1,550-----
Gross operating margin9900€20,943€36,640€72,661€54,592€64,866▲ 18.8%
Operating profit (loss)9901-€19,658€4,582€45,162€21,057€32,419▲ 54.0%
Financial income75/76B€1€118€23€109€324▲ 198%
Recurring financial income75€1€118€23€109€324▲ 198%
Financial charges65/66B€3,701€2,487€4,797€3,386€2,624▼ 22.5%
Recurring financial charges65€3,701€2,487€4,797€3,386€2,624▼ 22.5%
Profit (loss) for the period before taxes9903-€23,359€2,214€40,388€17,780€30,119▲ 69.4%
Income taxes67/77€303€254€252€3,834€9,819▲ 156%
Profit (loss) for the period9904-€23,662€1,960€40,136€13,945€20,300▲ 45.6%
Profit (loss) for the period to be appropriated9905-€23,662€1,960€40,136€13,945€20,300▲ 45.6%
Line20212022202320242025Change
Assets
Total assets20/58€148,715€116,218€169,970€135,143€134,352▼ 0.6%
Fixed assets21/28€99,077€76,195€106,760€92,520€77,122▼ 16.6%
Intangible fixed assets21€30,000€25,000€20,000€15,000€10,000▼ 33.3%
Tangible fixed assets22/27€68,589€50,707€86,272€77,032€66,634▼ 13.5%
Plant, machinery and equipment23€58,639€46,141€57,061€53,073€49,085▼ 7.5%
Furniture and vehicles24€9,950€4,566€29,211€23,959€17,549▼ 26.8%
Financial fixed assets28€488€488€488€488€488=
Current assets29/58€49,638€40,022€63,210€42,623€57,230▲ 34.3%
Stocks and contracts in progress3€14,300€7,500€9,300€9,740€5,230▼ 46.3%
Stocks30/36€14,300€7,500€9,300€9,740€5,230▼ 46.3%
Amounts receivable within one year40/41€5,254€5,937€23,761€2,481€15,670▲ 532%
Trade receivables40€5,254€5,091€20,558€100--
Other amounts receivable41-€846€3,203€2,381€15,670▲ 558%
Current investments50/53€0€0€0€0€0=
Cash at bank and in hand54/58€28,389€25,210€28,348€28,537€34,071▲ 19.4%
Deferred charges and accrued income490/1€1,695€1,375€1,801€1,865€2,258▲ 21.1%
Equity and liabilities
Total equity and liabilities10/49€148,715€116,218€169,970€135,143€134,352▼ 0.6%
Equity10/15-€69,958-€67,998-€27,862-€13,916€6,384▲ 146%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Reserves13€5,196€5,196€5,196€5,196€184▼ 96.5%
Distributable reserves133€5,196€5,196€5,196€5,196€184▼ 96.5%
Profit (loss) carried forward14-€81,354-€79,393-€39,257-€25,312--
Amounts payable17/49€218,673€184,216€197,832€149,060€127,968▼ 14.1%
Amounts payable after more than one year17€60,067€37,393€33,287€14,493€9,444▼ 34.8%
Financial debts170/4€60,067€37,393€33,287€14,493€9,444▼ 34.8%
Amounts payable within one year42/48€152,421€140,869€158,467€127,917€115,284▼ 9.9%
Current portion of amounts payable after more than one year42€22,201€22,674€30,481€27,159€5,049▼ 81.4%
Financial debts43--€5€137€6▼ 95.6%
Credit institutions430/8--€5€137€6▼ 95.6%
Trade debts44€20,611€7,470€31,984€15,887€14,273▼ 10.2%
Suppliers440/4€20,611€7,470€31,984€15,887€14,273▼ 10.2%
Taxes, remuneration and social security45€3,566€2,632€2,494€5,866€16,893▲ 188%
Taxes450/3€2,212€618€567€4,086€14,094▲ 245%
Remuneration and social security454/9€1,355€2,014€1,927€1,780€2,800▲ 57.3%
Other amounts payable47/48€106,044€108,093€93,503€78,866€79,063▲ 0.2%
Accrued charges and deferred income492/3€6,185€5,953€6,079€6,650€3,240▼ 51.3%
Line20212022202320242025Change
Profit (loss) for the period9904-€23,662€1,960€40,136€13,945€20,300▲ 45.6%
+ Depreciation and write-downs630€21,690€22,881€10,735€15,330€15,398▲ 0.4%
Operating cash flow (approximation)-€1,972€24,841€50,871€29,275€35,698▲ 21.9%
Investment in fixed assets (approximation)-€0-€41,300-€1,089€0▲ 100%
Change in cash--€3,179€3,138€189€5,534▲ 2,821%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
16-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
29-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €40,136 ▲1,948%
Operating result €45,162, net result €40,136, both a record.
19-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €1,960
Net result €1,960 after 4 loss-making years.
29-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-12
Financial Weakest financial yearnet -€23,662
Net result drops to -€23,662, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
20-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
29-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Alken · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
1,474 m²
Building footprint
354 m²
Volume, LiDAR
2,435 m³
2 parcels, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Hassolaté
Maastrichterstraat 23, 3500 HasseltNACE 51180
since 20072.169.401.238
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73302E0001/00R002 Flanders 1,201 m² 1 · 162 m² 11.8 m · 3 fl.
71022H0776/00G000 Flanders 274 m² 1 · 192 m² 12.6 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Hasselt2.169.401.238
1 permission
Toelating · Detailhandel · since 26-09-2022

Similar companies · same sector, comparable size

Of 900 companies in sector 47242 we hold annual accounts for 340. 168 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
Founded10-12-2007
Fiscal year end31-12
Activities, NACEBEL 2025
47242Retail sale of chocolate and confectionery

Scores and ratios are computed by Checked and are not a credit decision.