Skip to content

Hazel Topco

Active Risk: not assessed
Private limited companyfounded 20241 yr activeGaston Crommenlaan 4, 9050 Gent, BelgiumKBO/BCE: BE 1014.978.702
Summary

Hazel Topco is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €297.2m and a net result of -€1.5m. Its solvency ranks better than 95% of 2444 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 25-06-2026, 36 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
36 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Hazel Topco was incorporated on 11 October 2024 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema, statutory accounts

Equity
€297.2m
Net result
-€1.5m
Total assets
€297.9m
Solvency
99.8%
Balance-sheet composition
Assets €297.9m
Fixed assets €296.5m
Current assets €1.4m
Equity and liabilities €297.9m
Equity €297.2m
Debt €711,353
Debt finances 0.2% of the balance-sheet total.
Key figures and ratios
2025 value
ROE
-0.5%
ROA
-0.5%
Debt ≤ 1 year
€711,353
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€297.9m
Fixed assets21/28€296.5m
Financial fixed assets28€296.5m
Affiliated companies280/1€296.5m
Participating interests280€296.5m
Current assets29/58€1.4m
Amounts receivable within one year40/41€1.4m
Trade receivables40€1.1m
Other amounts receivable41€227,614
Equity and liabilities
Total equity and liabilities10/49€297.9m
Equity10/15€297.2m
Contributions10/11€298.7m
Profit (loss) carried forward14-€1.5m
Amounts payable17/49€711,353
Amounts payable within one year42/48€711,353
Trade debts44€311,461
Suppliers440/4€311,461
Taxes, remuneration and social security45€75,000
Remuneration and social security454/9€75,000
Other amounts payable47/48€324,892
Income statement Code2025
Operating income70/76A€964,744
Turnover70€964,744
Operating charges60/66A€2.5m
Services and other goods61€678,232
Other operating charges640/8€375
Non-recurring operating charges66A€1.8m
Operating profit (loss)9901-€1.5m
Financial charges65/66B€4,080
Recurring financial charges65€4,080
Debt charges650€3,526
Other financial charges652/9€553
Profit (loss) for the period before taxes9903-€1.5m
Profit (loss) for the period9904-€1.5m
Profit (loss) for the period to be appropriated9905-€1.5m
Appropriation of the result
Profit (loss) to be appropriated9906-€1.5m

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Operating income70/76A€964,744
Turnover70€964,744
Operating charges60/66A€2.5m
Services and other goods61€678,232
Other operating charges640/8€375
Non-recurring operating charges66A€1.8m
Operating profit (loss)9901-€1.5m
Financial charges65/66B€4,080
Recurring financial charges65€4,080
Debt charges650€3,526
Other financial charges652/9€553
Profit (loss) for the period before taxes9903-€1.5m
Profit (loss) for the period9904-€1.5m
Profit (loss) for the period to be appropriated9905-€1.5m
Line2025
Assets
Total assets20/58€297.9m
Fixed assets21/28€296.5m
Financial fixed assets28€296.5m
Affiliated companies280/1€296.5m
Participating interests280€296.5m
Current assets29/58€1.4m
Amounts receivable within one year40/41€1.4m
Trade receivables40€1.1m
Other amounts receivable41€227,614
Equity and liabilities
Total equity and liabilities10/49€297.9m
Equity10/15€297.2m
Contributions10/11€298.7m
Profit (loss) carried forward14-€1.5m
Amounts payable17/49€711,353
Amounts payable within one year42/48€711,353
Trade debts44€311,461
Suppliers440/4€311,461
Taxes, remuneration and social security45€75,000
Remuneration and social security454/9€75,000
Other amounts payable47/48€324,892
Line2025
Profit (loss) for the period9904-€1.5m
Operating cash flow (approximation)-€1.5m

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
07-07
NBB filing Annual accounts filed
fiscal year 2025 · consolidated
25-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
NBB filing
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
6 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, Gent · 3 establishment units since 2024
seat establishment All 3 establishment units on the map
Ground area
5.8 ha
Building footprint
1.2 ha
Volume, LiDAR
25,363 m³
3 parcels, Flanders, Wallonia · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
46 companies at this address See who is registered here
3 establishment units
Hazel Topco
Luchthavenlaan 25A, 1800 VilvoordeHoldings
since 20242.369.909.542
Hazel Topco
Gaston Crommenlaan 4, 9050 GentHoldings
since 20242.369.909.641
Hazel Topco
Rue Moulin Brabant 2, 5030 GemblouxHoldings
since 20242.369.909.740
3 parcels
Flanders 2 (66.7%) Wallonia 1 (33.3%)
Parcel (capakey) Region Area Buildings Height / fl.
92053A0308/00T000 Wallonia 2.8 ha 1 · 1,894 m² -
44032A0472/00R003 Flanders 1.9 ha 1 · 8,006 m² -
23644H0058/00K000 Flanders 1.1 ha 1 · 2,393 m² 13.0 m · 4 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Heads the group Hazel Topco 13 companies Group, risk and exposure

Owners and holdings

1 holding · 4 subsidiaries in the tree

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

All subsidiaries, including indirect ones 4+

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

The tree shows 4 companies up to 4 levels deep; there are more. Open a subsidiary's dossier to look further.

According to the 2025 annual accounts of Hazel Topco and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 907 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded11-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:1014978702
Registered 09-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.