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HATS MEN

Active
Public limited companyfounded 1994active for 32 yearsLouizalaan 437, 1050 Brussel, BelgiumKBO/BCE: BE 0452.799.067
Summary

HATS MEN has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38,996 and a net result of -€25,019. Equity has been shrinking by about 4.2% per year since 2018. Its solvency ranks better than 62% of 5,801 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 09-06-1994 Normal situation
Registered office
23 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 4 November 2026.
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 1 other
Establishment unit
2.067.891.134 1050 Brussel, since 18-08-1994
Financial year end
31 December
Peppol
Reachable since 13-02-2026

Board and ownership

Board
  • Hats IntemationalDirector · permanent representative Pompilio Elviso
  • HATS INTERNATIONALDirector · since 05-06-2026
Shareholders
  • HATS· score 952025 annual accounts of HATS

Financial position

81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
-€11,493
Loss
€25,019
Equity
€38,996
▼ 39.1%
Total assets
€73,791
▼ 11.8%
Score breakdownraises riskLoss of €25,019 (financial year 2025)Liquidity: current ratio 0.72, cash €1,923, halvedlowers riskSize: total assets €73,791Founded in 1994Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 27% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency 78-22
equity 52.8% of total assets
Liquidity 30-31
short-term debt 47.2% · cash 2.6%
Profitability 0-70
return on assets -33.9%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 0.4%● unchanged vs 07-2026highest value 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.72 (1.53 in 2024), below 1. Short-term debt is 47.2% and cash 2.6% of total assets. 47.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 66% of them on solvency, 23% on liquidity, 4% on profitability and 14% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €25,019 (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €73,791
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.72, cash €1,923, halved
NBB · annual accounts
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
56 days early
2024
41 days early
2023
42 days early
2022
48 days early
2021
20 days early
2020
37 days early
2019
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 38 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 83% of companies in real estatesector median €944,451 · 5,802 companies €38,996 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • New directorslatest change 05-06-2026 · 2 in office 2 joined View

Recent changes

  1. · Gazette deed Reappointment: Hats Intemational (director)Permanent representative: Pompilio Elviso
  2. · Gazette deed Amendment of the articlesCapital €62,000, 62 shares
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as HATS MEN: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €70,600 and €94,000, founded between 1988 and 1999.

CompanyTotal assetsGross margin
HATS MEN Brussel€73,791-€11,493
DELSACO Brussel€77,058-€7,552
Maatschappij voor Industriële Ontwikkeling te Zwijnaarde Gent€72,926-€131,936
Aelter-Forrier Zedelgem€85,189-€6,614
Imag!n Hulshout€70,621-€740
Wijland Wijnegem€93,994€1,000
SINT MICHIELS Zedelgem€90,750-€3,581
Full comparison

Key facts about HATS MEN

What is the company number of HATS MEN?
The company number of HATS MEN is 0452.799.067. The VAT number is the same number with BE in front: BE 0452.799.067.
Where is HATS MEN based?
The registered office is at Louizalaan 437, 1050 Brussel.Company details
What does HATS MEN do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of HATS MEN?
The legal form of HATS MEN is Public limited company (NV).
When was HATS MEN founded?
HATS MEN was founded on 09-06-1994.
Is HATS MEN still active?
Yes, HATS MEN is an active enterprise in the KBO register.
What is the turnover of HATS MEN?
The annual accounts for financial year 2025 state no turnover.Financials
Is HATS MEN profitable?
In financial year 2025, HATS MEN made a loss of €25,019.
Where can I find the annual accounts of HATS MEN?
HATS MEN filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HATS MEN due?
HATS MEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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