HATO Design
Open bankruptcyA bankruptcy procedure is open for HATO Design according to publications in the Belgian State Gazette; curator: JOHAN MOMMAERTS. The 2023 annual accounts show negative equity (€-12k) and a net result of €20k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 23-09-2024, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
54 d late
2022
69 d late
2021
434 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€-12k▲ 62.4%
2022 · €-32k
2021: €-13k
2022: €-32k
2021 → 2023
Total assets
€16k▲ 189%
2022 · €6k
2021: €15k
2022: €6k
2021 → 2023
Net result
€20k
2022 · €-18k
2021: €-15k
2022: €-18k
2021 → 2023
Working capital
€-14k▲ 56.6%
2022 · €-31k
2021: €-17k
2022: €-31k
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Equity€-13k-€-32k▼ 137%€-12k▲ 62.4%
Operating result€-15k-€-18k▼ 19.2%€20k
Net result€-15k-€-18k▼ 19.5%€20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €20k after a loss of €18k in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €16k
Fixed assets
€2k▼ 9.2%
Current assets
€14k▲ 364%
Key figures and ratios
EBITDA
€21k▲
2022 · €-18k
Cash flow
€21k▲
2022 · €-18k
Solvency
-72.5%▲
2022 · -556.5%
Current ratio
0.51▲
2022 · 0.09
Quick ratio
0.51▲
2022 · 0.09
Debt / equity
-2.38▼
2022 · -1.18
ROA
120.2%▲
2022 · -322.1%
Interest coverage
103.73▲
2022 · -138.12
Debt
€28k▼
2022 · €37k
Debt ≤ 1 year
€28k▼
2022 · €34k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€6k€16k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€3k€2k▼
Current assets29/58€3k€14k▲
Amounts receivable within one year40/41€2k€10k▲
Trade receivables40€2k€5k▲
Other amounts receivable41€268€4k▲
Cash at bank and in hand54/58€923€4k▲
Deferred charges and accrued income490/1-€691
Equity and liabilities
Total equity and liabilities10/49€6k€16k▲
Equity10/15€-32k€-12k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-34k€-14k▲
Amounts payable17/49€37k€28k▼
Amounts payable within one year42/48€34k€28k▼
Trade debts44€10k€14k▲
Suppliers440/4€10k€14k▲
Taxes, remuneration and social security45€314-
Taxes450/3€314-
Other amounts payable47/48€24k€14k▼
Accrued charges and deferred income492/3€3k€750▼
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€731€804▲
Other operating charges640/8€3k€1k▼
Gross operating margin9900€-15k€22k▲
Operating profit (loss)9901€-18k€20k▲
Financial income75/76B€25-
Recurring financial income75€25-
Financial charges65/66B€127€200▲
Recurring financial charges65€127€200▲
Profit (loss) for the period before taxes9903€-18k€20k▲
Profit (loss) for the period9904€-18k€20k▲
Profit (loss) for the period to be appropriated9905€-18k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-14k▲
Profit (loss) brought forward from the previous period14P€-15k€-34k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-08
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · HATO DESIGN BV NIEUW- DORPSTRAAT 50, 3450 GEETBETS · event 29-07-2025
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
31-12
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 69 days late
08-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 434 days late
2022
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Geetbets · 1 establishment unit since 2021
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.
Nieuwdorpstraat 503450 GeetbetsGround area
203 m²
Building footprint
143 m²
Volume, LiDAR
481 m³
Parcel 24028F0040/00G000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HATO Design
since 20212.319.143.009
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24028F0040/00G000 | Flanders | 203 m² | 1 · 143 m² | 6.4 m · 1 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JOHAN MOMMAERTS ST. MAARTENSTRAAT 53,
3000 LEUVEN |
29-07-2025 → present |
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,847 EUR awarded · 2,847 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,847 EUR | 2,847 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector and region
DUPONT MAISON
BE 0893.501.939
Geetbets
HM Interieur-maatwerk
BE 0777.316.725
Geetbets
KEROZO
BE 0839.714.944
Geetbets
MJ-Construct
BE 0803.643.020
Geetbets
Schrijnwerkerij Vangoidtsenhoven
BE 0440.611.018
Geetbets
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 20,026 companies in sector 43320 we hold annual accounts for 9,137.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-06-2021
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
31002Manufacture of furniture
31004Manufacture of dining room, living room, bedroom and bathroom furniture
43332Laying of wooden floor and wall coverings
43341Painting of buildings
43990Other specialised construction activities
43999Specialised construction activities
47251Retail sale of wines and spirits
47252Retail sale of beverages, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.hato-design.be
E-mail:info@hato-design.be