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HASSOPAINT

Active
Private limited companyfounded 200421 yrs activeKuringersteenweg 295, 3500 Hasselt, BelgiumKBO/BCE: BE 0869.914.311

HASSOPAINT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-19k) and a net result of €-14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
27 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-66
Solvency9▼-13
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.77 against 1.0 in 2024; short-term debt: 116.2% and cash: 3.2% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025
Solvency, return and age of the figures
Solvency
-16.2%
Return on assets
-11.7%
Age of the figures
15 mo
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
elevated failure risk from 2 to 8 years 21 years 0 30 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €-19k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
on the day
2023
1 d early
2022
on the day
2021
24 d late
2020
88 d late
2019
88 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close17-09-2026 today31-01-2027 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

Financials · fiscal year 2025, abbreviated schema

Equity
€-19k▼ 258%
2024 · €-5k
2019: €39k 2020: €13k 2021: €-23k 2022: €-15k 2023: €-16k 2024: €-5k
2019 → 2025
Total assets
€119k▼ 29.4%
2024 · €168k
2019: €184k 2020: €155k 2021: €107k 2022: €155k 2023: €134k 2024: €168k
2019 → 2025
Net result
€-14k
2024 · €11k
2019: €24k 2020: €-26k 2021: €-36k 2022: €8k 2023: €-1k 2024: €11k
2019 → 2025
Working capital
€-32k
2024 · €424
2019: €33k 2020: €3k 2021: €-29k 2022: €-13k 2023: €-8k 2024: €424
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-23k-€-15k▲ 33.4%€-16k▼ 7.9%€-5k▲ 67.5%€-19k▼ 258%
Operating result€-36k-€9k€-881€14k€-13k
Net result€-36k-€8k€-1k€11k€-14k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2021: €-36k€-36kNet result 2021: €-36k€-36kOperating result 2022: €9k€9kNet result 2022: €8k€8kOperating result 2023: €-881€-881Net result 2023: €-1k€-1kOperating result 2024: €14k€14kNet result 2024: €11k€11kOperating result 2025: €-13k€-13kNet result 2025: €-14k€-14k20212022202320242025
The operating result turns negative in 2025: a loss of €13k after €14k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119k
Fixed assets €12k▲ 357%
Current assets €106k▼ 35.8%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-13k
2024 · €14k
Cash flow
€-13k
2024 · €11k
Solvency
-16.2%
2024 · -3.2%
Current ratio
0.77
2024 · 1.00
Quick ratio
0.77
2024 · 1.00
Debt / equity
-7.18
2024 · -32.41
ROA
-11.7%
2024 · 6.6%
Interest coverage
-32.42
2024 · 5.14
Debt
€138k
2024 · €173k
Debt ≤ 1 year
€138k
2024 · €165k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€168k€119k
Fixed assets21/28€3k€12k
Tangible fixed assets22/27€3k€12k
Land and buildings22€3k€12k
Current assets29/58€165k€106k
Amounts receivable within one year40/41€155k€102k
Trade receivables40€140k€95k
Other amounts receivable41€15k€6k
Cash at bank and in hand54/58€10k€4k
Deferred charges and accrued income490/1€520€550
Equity and liabilities
Total equity and liabilities10/49€168k€119k
Equity10/15€-5k€-19k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-26k€-40k
Amounts payable17/49€173k€138k
Amounts payable within one year42/48€165k€138k
Current portion of amounts payable after more than one year42€2k-
Trade debts44€42k€39k
Suppliers440/4€42k€39k
Taxes, remuneration and social security45€4k-
Taxes450/3€4k-
Other amounts payable47/48€118k€99k
Accrued charges and deferred income492/3€8k-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€219€800
Other operating charges640/8€637€632
Gross operating margin9900€15k€-12k
Operating profit (loss)9901€14k€-13k
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€3k€390
Recurring financial charges65€3k€390
Profit (loss) for the period before taxes9903€11k€-14k
Profit (loss) for the period9904€11k€-14k
Profit (loss) for the period to be appropriated9905€11k€-14k
Appropriation of the result
Profit (loss) to be appropriated9906€-45k€-40k
Profit (loss) brought forward from the previous period14P€-56k€-26k
Transfer from equity791/2€19k-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial Back to profitnet €11k
Net result €11k after one loss-making year.
30-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial Back to profitnet €8k
Net result €8k after 2 loss-making years.
24-02
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
30-06
Financial Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
29-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
28-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
29-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
01-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 366 days late
31-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Hasselt · 1 establishment unit since 2005
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kuringersteenweg 2953500 Hasselt
Ground area
1,118 m²
Building footprint
774 m²
Volume, LiDAR
3,520 m³
Parcel 71327G0691/00L002, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HASSOPAINT
Kuringersteenweg 295, 3500 HasseltNACE 4544101
since 20052.148.149.726
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71327G0691/00L002 Flanders 1,118 m² 1 · 774 m² 8.7 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 7,864 companies in sector 43341 we hold annual accounts for 2,662. 1,833 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded09-11-2004
Fiscal year end30-06
Activities, NACEBEL
43341Painting of buildings
45441
43331Floor and wall tiling
47512Retail sale of household textiles and bedding
47521Retail sale of hardware, building materials, paint and glass (general range)
52410
52462
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:09.233.23.51
Establishment Hasselt 2.148.149.726