Equity
€133,181 from €11.3m in 2021
Equity fell by 99% in 4 years.
HOFKOUTER
Lifetime
8 annual accounts with figures on one time axispeak €317,576 (2022)
-not published
lowest -€919,345 (2022)
-€4,933▼ €2.8m
peak €11.3m (2021)
€133,181▼ 92.8%
€400,605▼ 59.3%
Board14 names since 2017all names
8 directorsAndré Xavier COOREMAN and 7 others
Owners4 names in the annual accounts
65%ACKERMANS & VAN HAAREN and 1 other
Documentsfilings and deeds
10-06-202651 days before the deadline
2025financial year
Loss of €4,933Appointment: Alcin BV (director) 23-07Capital decrease of €1,321,500 to €61,500 14-05Dividend €400,000Equity from €1.9m to €133,181Debts from €984,872 to €400,605
Key points
from the 2025 annual accountsDebts
€400,605 75% of the balance sheet
Payment terms
19 days to suppliers
HOFKOUTER pays its suppliers 12 days earlier than in 2024.
Liquidity
1.33 was 2.89 in 2024
Short-term debts fell from €984,872 to €400,605.
Filings
8 annual accounts since 2018
The last five annual accounts were filed 16 to 51 days before the end of the period.
Starting capital
€11.2m 11,222 shares
Equity -93%: capital reduction
Checked score
92
Excellent
Financially stronger than 38% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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: 0.2%▲ +0.1 percentage points vs 05-2025highest value
07-2025: < 0.1%▼ -0.2 percentage points 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 12-2025
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026
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: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: 0.1%▲ +0.1 percentage points vs 08-2026
10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Loss of €4,933 (financial year 2025)
lowers risk
Size: total assets €533,786
Liquidity: current ratio 1.33, cash €523,157, halved
Sector: Real estate activities (NACE 68)
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 45% of them on solvency, 71% on liquidity, 30% on profitability and 6% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 748 companies had the same profile as HOFKOUTER has now. Each dot stands for 2 companies, two years later.
96.7%
were still trading
1.9%
stopped another way
1.3%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of HOFKOUTER itself is lower: < 0.1% within 12 months. It rests on far more data about HOFKOUTER than the profile alone.
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.
| 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 748 companies, not a prediction for HOFKOUTER. 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
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.33 (2.89 in 2024), below the usual 1.5. Short-term debt is 75% and cash 98% of total assets. 75% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 10-06-2026, 51 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
51 days early
2024
38 days early
2023
16 days early
2022
39 days early
2021
39 days early
2020
45 days early
2019
31 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 37 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 22 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
and 3 others
- ACKERMANS & VAN HAAREN 65%equity €2.63bn (2025) · annual accounts 2025
- Ackermans & van Haaren NV consolidatesannual accounts 2025
- Van Laere 35%score 66equity €12.7m (2025) · annual accounts 2025
Recent changes
Appointment: Alcin BV (director)
Permanent representative: Philippine De Wolf · General meeting of 30-05-2025 · Gazette deed
Capital decrease of €1,321,500 to €61,500
Capital from €1,383,000 to €61,500 · General meeting of 30-04-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0687984772
2 directors appointed, 2 resignations, 1 statutory auditor reappointed
Resignations: Almacon BV (managing director) and Note This BV · Permanent representatives: Manu Coppens, Laurent Eeraerts, Natalie Verheyden and Philippine De Wolf · Appointments: Carduus Consulting BV and Alcin BV · Board meeting of 10-10-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HOFKOUTER Beveren-Kruibeke-Zwijndrecht | €533,786 | - | 25.0% | - |
| Kanaalzicht Dessel Dessel | €532,906 | €22,135 | -1.7% | - |
| SMACHT Kontich | €533,873 | €53,894 | 9.9% | - |
| PJJ INVEST Wuustwezel | €564,518 | €67,691 | 4.8% | - |
| ZiDa Brecht | €494,296 | €155,909 | 40.9% | - |
| IMMO BKC Kapellen | €484,148 | €111,494 | 10.1% | - |
| Sion-L'Avenir Lier | €502,783 | €75,958 | 87.7% | - |
These companies have the same main activity as HOFKOUTER: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €484,000 and €565,000, founded between 2016 and 2018.
Official details
Source: KBO- Status
- Active since 29-12-2017Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.275.956.3322070 Beveren-Kruibeke-Zwijndrecht, since 29-12-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 23-04-2025
Annual accounts 2025
- €533,786▼ 81.2%
- Filing
- Filed on 10-06-2026, 51 days before the end of the filing period
Insights on HOFKOUTER
HOFKOUTER has existed since 2017. Turnover fell from €250,000 in 2018 to €180,982 in 2024.
Solvency fell in 2025 from 65.4% to 25.0% because of the loss.
ACKERMANS & VAN HAAREN holds 65% of the shares.
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 HOFKOUTER
- What is the company number of HOFKOUTER?
- The company number of HOFKOUTER is 0687.984.772. The VAT number is the same number with BE in front: BE 0687.984.772.
- Where is HOFKOUTER based?
- The registered office is at Baarbeek 14, 2070 Beveren-Kruibeke-Zwijndrecht.Company details
- What does HOFKOUTER do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of HOFKOUTER?
- HOFKOUTER is a public limited company (NV).
- When was HOFKOUTER founded?
- HOFKOUTER was founded on 29-12-2017.
- Is HOFKOUTER still active?
- Yes, HOFKOUTER is an active enterprise in the KBO register.
- Which joint committee does HOFKOUTER fall under?
- In its 2025 annual accounts, HOFKOUTER states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of HOFKOUTER?
- The annual accounts for financial year 2025 state no turnover. In financial year 2024 turnover was €180,982.Financials
- Is HOFKOUTER profitable?
- In financial year 2025, HOFKOUTER made a loss of €4,933.
- Where can I find the annual accounts of HOFKOUTER?
- HOFKOUTER filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HOFKOUTER due?
- HOFKOUTER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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