Summary
HOFATRA 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 €18,600 and a net result of €131,741. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 14% of 8094 sector peers (fiscal year 2025). The company has been active since 2017 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 8094 sector peers (2025).
NBB · sector comparisonPosition among 8094 sector peers
Solvency
better than 14%
← weakest
strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
31 d early
2024
25 d late
2023
30 d late
2022
31 d late
2021
13 d early
2020
51 d late
2019
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 17 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 25 August (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
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, micro schema
Equity
€18,600▼ 92.0%
2024 · €233,455
Net result
€131,741▲ 50.4%
2024 · €87,581
Total assets
€241,523▼ 37.3%
2024 · €385,244
Solvency
7.7%▼ 52.9pp
2024 · 60.6%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€37,114▼ 85.2%€59,273▲ 59.7%€50,956▼ 14.0%€118,370▲ 132%€176,873▲ 49.4%
Net result€24,892within the sector's middle half▼ 88.5%€44,987within the sector's middle half▲ 80.7%€37,048within the sector's middle half▼ 17.6%€87,581above the sector's middle half▲ 136%€131,741above the sector's middle half▲ 50.4%
Equity€318,839within the sector's middle half▲ 8.5%€328,826within the sector's middle half▲ 3.1%€255,874within the sector's middle half▼ 22.2%€233,455within the sector's middle half▼ 8.8%€18,600below the sector's middle half▼ 92.0%
Total assets€412,890within the sector's middle half▼ 25.1%€412,246within the sector's middle half▼ 0.2%€390,265within the sector's middle half▼ 5.3%€385,244within the sector's middle half▼ 1.3%€241,523within the sector's middle half▼ 37.3%
Debt€94,051▼ 63.4%€83,420▼ 11.3%€134,391▲ 61.1%€151,790▲ 12.9%€222,923▲ 46.9%
Working capital€274,867above the sector's middle half▼ 13.7%€279,195above the sector's middle half▲ 1.6%€197,351above the sector's middle half▼ 29.3%€184,092above the sector's middle half▼ 6.7%-€29,518below the sector's middle half
Solvency77.2%above the sector's middle half▲ 23.9pp79.8%above the sector's middle half▲ 2.5pp65.6%within the sector's middle half▼ 14.2pp60.6%within the sector's middle half▼ 5.0pp7.7%below the sector's middle half▼ 52.9pp
Current ratio5.29above the sector's middle half▲ 2.284.86above the sector's middle half▼ 0.432.47within the sector's middle half▼ 2.392.21within the sector's middle half▼ 0.260.87within the sector's middle half▼ 1.35
Return on assets (ROA)6.0%within the sector's middle half▼ 33.2pp10.9%within the sector's middle half▲ 4.9pp9.5%within the sector's middle half▼ 1.4pp22.7%within the sector's middle half▲ 13.2pp54.5%above the sector's middle half▲ 31.8pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
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 two years in a row; 2025 is 49% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €241,523
Fixed assets
€48,118 ▼ 2.5%
Current assets
€193,405 ▼ 42.4%
Equity and liabilities €241,523
Equity
€18,600 ▼ 92.0%
Debt
€222,923 ▲ 46.9%
Debt's share of the balance-sheet total rises from 39.4% to 92.3%. Equity is lower and debt is higher.
Key figures and ratios
ROE
708.3%▲
2024 · 37.5%
Debt ≤ 1 year
€222,923▲
2024 · €151,790
Income taxes
€44,268▲
2024 · €34,216
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €680 | €1,872 | €5,768 | €3,464 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,215 | €17,412 | €18,507 | €18,836 | €16,078 | ▼ 14.6% |
| Other operating charges640/8 | €3,097 | €1,237 | €2,600 | €1,647 | €1,702 | ▲ 3.3% |
| Gross operating margin9900 | €57,106 | €79,794 | €77,830 | €142,318 | €194,653 | ▲ 36.8% |
| Operating profit (loss)9901 | €37,114 | €59,273 | €50,956 | €118,370 | €176,873 | ▲ 49.4% |
| Financial income75/76B | €154 | €3,750 | €3,406 | €4,364 | €2,595 | ▼ 40.5% |
| Recurring financial income75 | €154 | €3,750 | €3,406 | €4,364 | €2,595 | ▼ 40.5% |
| Financial charges65/66B | €1,359 | €1,043 | €1,285 | €938 | €3,459 | ▲ 269% |
| Recurring financial charges65 | €1,359 | €1,043 | €1,285 | €938 | €3,459 | ▲ 269% |
| Profit (loss) for the period before taxes9903 | €35,909 | €61,980 | €53,077 | €121,797 | €176,009 | ▲ 44.5% |
| Income taxes67/77 | €11,017 | €16,992 | €16,029 | €34,216 | €44,268 | ▲ 29.4% |
| Profit (loss) for the period9904 | €24,892 | €44,987 | €37,048 | €87,581 | €131,741 | ▲ 50.4% |
| Profit (loss) for the period to be appropriated9905 | €24,892 | €44,987 | €37,048 | €87,581 | €131,741 | ▲ 50.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €412,890 | €412,246 | €390,265 | €385,244 | €241,523 | ▼ 37.3% |
| Fixed assets21/28 | €73,987 | €60,763 | €58,522 | €49,363 | €48,118 | ▼ 2.5% |
| Tangible fixed assets22/27 | €73,987 | €60,763 | €58,522 | €49,363 | €48,118 | ▼ 2.5% |
| Land and buildings22 | €22,499 | €21,035 | €34,040 | €30,393 | €29,332 | ▼ 3.5% |
| Plant, machinery and equipment23 | - | - | - | €3,963 | €3,151 | ▼ 20.5% |
| Furniture and vehicles24 | €51,488 | €39,728 | €24,483 | €15,006 | €15,635 | ▲ 4.2% |
| Current assets29/58 | €338,902 | €351,483 | €331,742 | €335,881 | €193,405 | ▼ 42.4% |
| Amounts receivable after more than one year29 | - | €150,000 | €122,500 | €175,000 | €32,600 | ▼ 81.4% |
| Other amounts receivable291 | - | €150,000 | €122,500 | €175,000 | €32,600 | ▼ 81.4% |
| Amounts receivable within one year40/41 | €143,016 | €139,846 | €111,284 | €105,484 | €83,236 | ▼ 21.1% |
| Trade receivables40 | €17,017 | €89,354 | €111,284 | €105,468 | €83,236 | ▼ 21.1% |
| Other amounts receivable41 | €125,999 | €50,492 | - | €16 | - | - |
| Current investments50/53 | - | - | €40,000 | €10,000 | €10,000 | = |
| Cash at bank and in hand54/58 | €192,005 | €55,950 | €51,413 | €38,252 | €61,640 | ▲ 61.1% |
| Deferred charges and accrued income490/1 | €3,881 | €5,687 | €6,546 | €7,145 | €5,929 | ▼ 17.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €412,890 | €412,246 | €390,265 | €385,244 | €241,523 | ▼ 37.3% |
| Equity10/15 | €318,839 | €328,826 | €255,874 | €233,455 | €18,600 | ▼ 92.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €300,239 | €310,226 | €237,274 | €214,855 | - | - |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €298,379 | €308,366 | €237,274 | €214,855 | - | - |
| Amounts payable17/49 | €94,051 | €83,420 | €134,391 | €151,790 | €222,923 | ▲ 46.9% |
| Amounts payable after more than one year17 | €30,015 | €11,132 | - | - | - | - |
| Financial debts170/4 | €30,015 | €11,132 | - | - | - | - |
| Amounts payable within one year42/48 | €64,036 | €72,288 | €134,391 | €151,790 | €222,923 | ▲ 46.9% |
| Current portion of amounts payable after more than one year42 | €18,634 | €18,883 | €11,132 | - | €5,036 | - |
| Trade debts44 | €5,831 | €3,141 | €10,113 | €4,961 | €1,489 | ▼ 70.0% |
| Suppliers440/4 | €5,831 | €3,141 | €10,113 | €4,961 | €1,489 | ▼ 70.0% |
| Taxes, remuneration and social security45 | €39,571 | €15,264 | €2,721 | €36,639 | €84,653 | ▲ 131% |
| Taxes450/3 | €39,571 | €15,264 | €2,721 | €36,639 | €84,653 | ▲ 131% |
| Other amounts payable47/48 | - | €35,000 | €110,425 | €110,190 | €131,745 | ▲ 19.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,892 | €44,987 | €37,048 | €87,581 | €131,741 | ▲ 50.4% |
| + Depreciation and write-downs630 | €16,215 | €17,412 | €18,507 | €18,836 | €16,078 | ▼ 14.6% |
| Operating cash flow (approximation) | €41,107 | €62,399 | €55,554 | €106,417 | €147,819 | ▲ 38.9% |
| Investment in fixed assets (approximation) | - | -€4,188 | -€16,266 | -€9,676 | -€14,834 | ▼ 53.3% |
| Change in cash | - | -€136,055 | -€4,537 | -€13,160 | €23,388 | ▲ 278% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €24,892 ▼88.5%
Net result drops to €24,892, the lowest in the series; recovery starts the following year.
20-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
2020
31-12
Financial
Highest result since 2018net €216,258 ▲571%
Operating result €250,237, net result €216,258, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.01
Current ratio from 1.20 to 3.01.
31-12
Financial
Equity above €200,000Eq €293,947 ▲278%
3 profitable years in a row build equity to €293,947.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Kruisem · 1 establishment unit since 2017
Ground area
817 m²
Building footprint
197 m²
Volume, LiDAR
1,050 m³
Parcel 45031A0538/00H000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HOFATRA
since 20172.265.973.646
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45031A0538/00H000 | Flanders | 817 m² | 1 · 197 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
699400H1V234JPZELU86
Similar companies · same sector, comparable size
Consolution
BE 0507.974.350
Bonheiden · Eq €18,600
Ignace Van Overbeke
BE 0543.429.731
Knokke-Heist · Eq €18,600
Grevant
BE 0562.793.010
Ronse · Eq €18,600
BRP Management Consulting
BE 0565.946.302
Edegem · Eq €18,600
SOLLERTIS CONSULT
BE 0589.962.809
Herentals · Eq €18,600
Of 24,728 companies in sector 64210 we hold annual accounts for 19,800. 7,170 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
Founded05-07-2017
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0677947747
Registered
05-10-2025
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.