HATCHARD'S
ActiveHATCHARD'S has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €222k and a net result of €53k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 81% of 162 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2026
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability92▲+4
Solvency100▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 4.66 against 3.6 in 2025; short-term debt: 21% and cash: 44.3% of total assets), and 21.2% 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
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
Sector 47
higher
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
78.8%
Return on assets
18.9%
Age of the figures
3 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 10-09-2026, 143 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
143 d early
2025
121 d early
2024
120 d early
2023
97 d early
2022
95 d early
2021
48 d early
2020
52 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-06-2027 close31-01-2028 deadline
Financials · fiscal year 2026, micro schema
Equity
€222k▲ 8.6%
2025 · €205k
2019: €133k
2020: €171k
2021: €207k
2022: €221k
2023: €224k
2024: €218k
2025: €205k
2019 → 2026
Total assets
€282k▲ 0.1%
2025 · €282k
2019: €159k
2020: €227k
2021: €227k
2022: €257k
2023: €260k
2024: €280k
2025: €282k
2019 → 2026
Net result
€53k▲ 20.9%
2025 · €44k
2019: €47k
2020: €57k
2021: €36k
2022: €32k
2023: €34k
2024: €41k
2025: €44k
2019 → 2026
Working capital
€217k▲ 9.1%
2025 · €199k
2019: €118k
2020: €161k
2021: €199k
2022: €213k
2023: €217k
2024: €213k
2025: €199k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€221k-€224k▲ 1.2%€218k▼ 2.8%€205k▼ 6.0%€222k▲ 8.6%
Operating result€48k-€45k▼ 6.8%€53k▲ 18.7%€59k▲ 9.9%€73k▲ 24.0%
Net result€32k-€34k▲ 5.3%€41k▲ 20.6%€44k▲ 8.6%€53k▲ 20.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed three years in a row; 2026 is 24% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €282k
Fixed assets
€6k▼ 8.6%
Current assets
€276k▲ 0.3%
Equity and liabilities €282k
Equity
€222k▲ 8.6%
Debt
€60k▼ 22.4%
The debt ratio falls from 27.3% to 21.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€76k▲
2025 · €61k
Cash flow
€56k▲
2025 · €47k
Solvency
78.8%▲
2025 · 72.7%
Current ratio
4.66▲
2025 · 3.60
Quick ratio
4.56▲
2025 · 3.53
Debt / equity
0.27▼
2025 · 0.38
ROE
24.0%▲
2025 · 21.5%
ROA
18.9%▲
2025 · 15.7%
Interest coverage
1771.26▲
2025 · 1061.93
Debt
€60k▼
2025 · €77k
Debt ≤ 1 year
€59k▼
2025 · €76k
Income taxes
€21k▲
2025 · €18k
Staff costs
€27k▼
2025 · €39k
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€282k€282k▲
Fixed assets21/28€6k€6k▼
Tangible fixed assets22/27€6k€6k▼
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€3k€2k▼
Current assets29/58€275k€276k▲
Stocks and contracts in progress3€6k€6k=
Stocks30/36€6k€6k=
Amounts receivable within one year40/41€10k€5k▼
Trade receivables40€10k€5k▼
Other amounts receivable41€300€300=
Current investments50/53€173k€140k▼
Cash at bank and in hand54/58€86k€125k▲
Deferred charges and accrued income490/1€1k€0▼
Equity and liabilities
Total equity and liabilities10/49€282k€282k▲
Equity10/15€205k€222k▲
Contributions10/11€19k€19k=
Reserves13€186k€204k▲
Distributable reserves133€186k€204k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€77k€60k▼
Amounts payable within one year42/48€76k€59k▼
Trade debts44€861€2k▲
Suppliers440/4€861€2k▲
Taxes, remuneration and social security45€17k€20k▲
Taxes450/3€15k€20k▲
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€58k€37k▼
Accrued charges and deferred income492/3€400€393▼
Income statement
Code20252026
Remuneration, social security and pensions62€39k€27k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€899€1k▲
Gross operating margin9900€101k€104k▲
Operating profit (loss)9901€59k€73k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€58€43▼
Recurring financial charges65€58€43▼
Profit (loss) for the period before taxes9903€62k€74k▲
Income taxes67/77€18k€21k▲
Profit (loss) for the period9904€44k€53k▲
Profit (loss) for the period to be appropriated9905€44k€53k▲
Appropriation of the result
Profit (loss) to be appropriated9906€44k€53k▲
Transfer from equity791/2€57k€36k▼
Transfer to equity691/2€44k€53k▲
To other reserves6921€44k€53k▲
Profit to be distributed694/7€57k€36k▼
Return on contributions (dividend)694€57k€36k▼
The notes to these accounts (14 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 2027, expected by
2026
10-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
02-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet €32k ▼10.6%
Net result drops to €32k, the lowest in the series; recovery starts the following year.
2021
14-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Liquidity triplescurrent ratio 11.04
Current ratio from 3.91 to 11.04; short-term debt falls from €55k to €20k.
30-06
Financial
Equity above €200kEq €207k ▲20.9%
3 profitable years in a row build equity to €207k.
2020
10-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Highest result since 2019net €57k ▲22%
Operating result €78k, net result €57k, both a record.
30-06
Financial
Equity above €150kEq €171k ▲28.1%
2 profitable years in a row build equity to €171k.
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
04-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-01
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
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, Merksplas · 1 establishment unit since 2002
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.
Steenweg op Weelde 152330 MerksplasGround area
2,071 m²
Building footprint
396 m²
Volume, LiDAR
4,420 m³
2 parcels, Flanders · tallest building 15.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
STANDAARD BOEKHANDEL
since 20022.095.768.142
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13023H0069/00V007 | Flanders | 1,713 m² | 1 · 100 m² | 10.6 m · 3 fl. |
| 13454Q0464/00G005 | Flanders | 359 m² | 1 · 296 m² | 15.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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 (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
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Librairie PAPYRUS
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RAAKLIJN
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't Hartje
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Of 601 companies in sector 47610 we hold annual accounts for 241. 183 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-03-2002
Fiscal year end30-06
Activities, NACEBEL
47610Retail trade
47620Retail trade
47621Retail sale of newspapers and periodicals
52470
47630Retail trade
47690Retail sale of other cultural and recreation goods
Sources
Crossroads Bank for EnterprisesNational Bank · 24 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.