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HATRACO

Active Public limited companyfounded 2005active for 21 yearsHillesteenweg 54, 8750 WingeneKBO/BCE: BE 0873.004.453 subsidiary of #8 employer in Wingene, Transport and storage sector
Part of the group 25 companies

Lifetime

20 annual accounts with figures on one time axis
peak €1.3m (2007)
€1.2m▼ 4.3%
lowest -€95,824 (2020)
€110,326▼ 28.4%
peak €1.2m (2025)
€1.2munchanged
€212,539▲ 14.7%
peak 18.3 FTE (2006)
8 FTE▲ 5.3%
Board7 names since 2017
3 directors and 2 others
Owners5 names in the annual accounts
99.99% and 2 others
Documentsfilings and deeds
24-07-20267 days before the deadline
2025financial year
Result from €154,113 to €110,326

Key points

from the 2025 annual accounts

Staff

8 FTE from 18.3 in 2006

Between 2006 and 2025, 56% of the full-time equivalents disappeared.

Filings

20 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

The last five annual accounts were filed 7 to 16 days before the end of the period.

Position in the sector

84.4%

Higher solvency than 89% of companies in land transport. Sector median 40.0% · 1,086 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as HATRACO has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for HATRACO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Chair,
Managing director,
Managing director,
VB
Auditor, Frederik Vander Donckt
  • 99.99%equity €4.4m (2025) · 2025 annual accounts of
  • 0.1%equity €27.3m (2025) · 2025 annual accounts of
Board & ownership

Recent changes

2 directors appointed, 1 resignation, 1 reappointment, 1 statutory auditor reappointed Resignation: · Permanent representatives: and · Appointments: (managing director) and (managing director) · General meeting of 27-06-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0873004453
2 directors appointed (managing director) and (managing director) · Permanent representatives: and · Board meeting of 04-12-2023 · Gazette deed
Appointment: Vander Donckt-Roobrouck-Christiaens Bedrijfsrevisoren (statutory auditor) Permanent representative: · Gazette deed
All 40 events

Comparable companies

same main activity, similar in size and age
Company
HATRACO Wingene €1.2m 7.5% 84.4% 8
ALVAR Pittem €1.1m 3.6% 11.7% 7.8
TRANSCAM-Seilles Namur €1.0m 7.8% 26.2% 5.7
MASSIMO STIPULANTE Soumagne €1.1m 19.1% 48.1% 4.6
OROTRA Wingene €1.2m 53.5% 89.3% 7.8
WESTPAILLE Oudenburg €1.8m 4.3% 61.6% 4.8
VIERSTRAETE VANROBAEYS TRADING Ichtegem €2.0m 1.2% 42.6% 5.5
-10%0%10%20%€1m€10m€100m€1bnHATRACOEBIT margin

Grey: the largest companies of the sector (land transport (NACE 49)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as HATRACO: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €1m and €2.6m, founded between 1993 and 2007.

Official details

Source: KBO
Status
Active since 06-04-2005Normal situation
Registered office
12 active companies are registered at this addressSource: KBO register, as of 11 November 2026.
Activity
Freight transport by roadNACE 49410
Joint committees
140Transport and logistics
226White-collar workers in international trade, transport and logistics · annual accounts 2025
Establishment unit
2.146.244.5668750 Wingene, since 06-04-2005
Financial year end
31 December
Peppol
Reachable since 14-11-2025
Company details

Annual accounts 2025

€1.4m▲ 2.1%
Employeeson 31-12-2025
8=
Filing
Filed on 24-07-2026, 7 days before the end of the filing period
Financials

Companies linked to HATRACO

Parent and group

Insights on HATRACO

HATRACO has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €110,326.

Equity has been stable since 2018 (±1.2% per year). Its solvency ranks better than 90% of 1,086 sector peers (NACE 49, financial year 2025).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about HATRACO

What is the company number of HATRACO?
The company number of HATRACO is 0873.004.453. The VAT number is the same number with BE in front: BE 0873.004.453.
Where is HATRACO based?
The registered office is at Hillesteenweg 54, 8750 Wingene.Company details
What does HATRACO do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of HATRACO?
HATRACO is a public limited company (NV).
When was HATRACO founded?
HATRACO was founded on 06-04-2005.
Is HATRACO still active?
Yes, HATRACO is an active enterprise in the KBO register.
How many employees does HATRACO have?
HATRACO had an average of 8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does HATRACO fall under?
In its 2025 annual accounts, HATRACO states joint committees 140 (Transport and logistics) and 226 (White-collar workers in international trade, transport and logistics).
What is the turnover of HATRACO?
The turnover of HATRACO was €1.2m in financial year 2025, according to the filed annual accounts.
Is HATRACO profitable?
In financial year 2025, HATRACO made a profit of €110,326.
Where can I find the annual accounts of HATRACO?
HATRACO filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HATRACO due?
HATRACO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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