HATABEL
ActiveHATABEL has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €117k and a net result of €24k. Equity is growing by ~27.3% per year across the filed fiscal years. Its solvency ranks better than 71% of 401 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+24
Solvency100▲+5
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 3.0 against 1.98 in 2024), and 33.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.3%
Return on assets
13.3%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
51 d late
2023
on the day
2022
296 d late
2021
2 d late
2020
on the day
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€117k▲ 25.1%
2024 · €94k
2018: €11k
2019: €32k
2020: €39k
2021: €37k
2022: €56k
2023: €80k
2024: €94k
2018 → 2025
Total assets
€177k▼ 4.0%
2024 · €184k
2018: €38k
2019: €57k
2020: €69k
2021: €69k
2022: €107k
2023: €150k
2024: €184k
2018 → 2025
Net result
€24k▲ 65.8%
2024 · €14k
2018: €26k
2019: €20k
2020: €8k
2021: €-3k
2022: €19k
2023: €24k
2024: €14k
2018 → 2025
Working capital
€100k▲ 45.2%
2024 · €69k
2018: €6k
2019: €28k
2020: €33k
2021: €27k
2022: €43k
2023: €77k
2024: €69k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€56k▲ 53.0%€80k▲ 41.9%€94k▲ 17.9%€117k▲ 25.1%
Operating result€2k-€25k▲ 933%€39k▲ 54.2%€34k▼ 12.6%€39k▲ 13.2%
Net result€-3k-€19k€24k▲ 21.1%€14k▼ 39.5%€24k▲ 65.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 13% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €177k
Fixed assets
€28k▼ 39.5%
Current assets
€149k▲ 7.6%
Equity and liabilities €177k
Equity
€117k▲ 25.1%
Debt
€60k▼ 34.2%
The debt ratio falls from 49.1% to 33.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€58k▲
2024 · €46k
Cash flow
€43k▲
2024 · €26k
Solvency
66.3%▲
2024 · 50.9%
Current ratio
3.00▲
2024 · 1.98
Quick ratio
3.00▲
2024 · 1.98
Debt / equity
0.51▼
2024 · 0.96
ROE
20.1%▲
2024 · 15.1%
ROA
13.3%▲
2024 · 7.7%
Interest coverage
22.00▲
2024 · 20.42
Debt
€60k▼
2024 · €91k
Debt ≤ 1 year
€50k▼
2024 · €70k
Debt > 1 year
€3k▼
2024 · €15k
Income taxes
€13k▼
2024 · €18k
Staff costs
€34
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€184k€177k▼
Fixed assets21/28€46k€28k▼
Tangible fixed assets22/27€41k€23k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€27k€12k▼
Leasing and similar rights25€12k€9k▼
Financial fixed assets28€5k€5k=
Current assets29/58€139k€149k▲
Amounts receivable within one year40/41€137k€149k▲
Trade receivables40€17k€23k▲
Other amounts receivable41€120k€126k▲
Cash at bank and in hand54/58€55€349▲
Deferred charges and accrued income490/1€1k€488▼
Equity and liabilities
Total equity and liabilities10/49€184k€177k▼
Equity10/15€94k€117k▲
Contributions10/11€60k€60k=
Reserves13€4k€57k▲
Distributable reserves133€4k€57k▲
Profit (loss) carried forward14€30k-
Amounts payable17/49€91k€60k▼
Amounts payable after more than one year17€15k€3k▼
Financial debts170/4€15k€3k▼
Amounts payable within one year42/48€70k€50k▼
Current portion of amounts payable after more than one year42€13k€12k▼
Trade debts44€18k€16k▼
Suppliers440/4€18k€16k▼
Taxes, remuneration and social security45€39k€22k▼
Taxes450/3€39k€22k▼
Accrued charges and deferred income492/3€6k€7k▲
Income statement
Code20242025
Non-recurring operating income76A-€500
Remuneration, social security and pensions62-€34
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€19k▲
Other operating charges640/8€3k€5k▲
Gross operating margin9900€49k€63k▲
Operating profit (loss)9901€34k€39k▲
Financial income75/76B€1€6▲
Recurring financial income75€1€6▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€32k€36k▲
Income taxes67/77€18k€13k▼
Profit (loss) for the period9904€14k€24k▲
Profit (loss) for the period to be appropriated9905€14k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€53k▲
Profit (loss) brought forward from the previous period14P€15k€30k▲
Transfer to equity691/2-€53k
To other reserves6921-€53k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Equity above €100kEq €117k ▲25.1%
4 profitable years in a row build equity to €117k.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 51 days late
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
20-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 296 days late
2022
30-09
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 2 days late
2021
30-09
Financial
Weakest financial yearnet €-3k ▼133%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Pajottegem · 1 establishment unit since 1999
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.
Drie Egyptenbaan 101755 PajottegemGround area
2,985 m²
Building footprint
288 m²
Volume, LiDAR
1,418 m³
Parcel 23024E0700/00H000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HATABEL
since 19992.092.847.848
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23024E0700/00H000 | Flanders | 2,985 m² | 1 · 288 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
MAKU
BE 0839.318.234
Merelbeke-Melle · Eq €117k
Vynda
BE 0413.652.045
Ingelmunster · Eq €118k
DELCO INTERIEUR
BE 0681.634.440
Deerlijk · Eq €117k
Binnenin
BE 0695.906.209
Evergem · Eq €116k
MEUBELEN BLOCK
BE 0861.995.349
Lievegem · Eq €119k
Of 1,496 companies in sector 31004 we hold annual accounts for 614. 460 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-10-1999
Fiscal year end30-09
Activities, NACEBEL
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36141
31001Manufacture of furniture
31002Manufacture of furniture
36122
36130
43320Joinery installation
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.