HOKON.
ActiveSummary
HOKON. has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €521k and a net result of €6k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 90% of 9982 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability43▼-33
Solvency100▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 9.38 against 5.18 in 2023; short-term debt: 10.5% and cash: 10.8% of total assets), and 16.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
83.6%
Return on assets
0.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
49 d late
2023
29 d late
2022
31 d late
2021
58 d late
2020
31 d late
2019
54 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€423k
EBIT margin
19.5%
Net result
€6k▼ 86.7%
2023 · €42k
2018: €30k
2019: €12k▼ -60.6% vs 2018
2020: €42k▲ +251% vs 2019
2021: €53k▲ +26.9% vs 2020
2022: €61k▲ +13.8% vs 2021highest in 7 years
2023: €42k▼ -31.3% vs 2022
2024: €6k▼ -86.7% vs 2023lowest in 7 years
2018 → 2024
Working capital
€549k▲ 2.8%
2023 · €535k
2018: €255klowest in 7 years
2019: €268k▲ +5.1% vs 2018
2020: €328k▲ +22.5% vs 2019
2021: €378k▲ +15.3% vs 2020
2022: €447k▲ +18.0% vs 2021
2023: €535k▲ +19.7% vs 2022
2024: €549k▲ +2.8% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€423k
Equity€360k-€413k▲ 14.8%€474k▲ 14.7%€515k▲ 8.8%€521k▲ 1.1%
2020: €360klowest in 5 years
2021: €413k▲ +14.8% vs 2020
2022: €474k▲ +14.7% vs 2021
2023: €515k▲ +8.8% vs 2022
2024: €521k▲ +1.1% vs 2023highest in 5 years
Operating result€66k-€83k▲ 24.6%€102k▲ 24.1%€74k▼ 27.7%€13k▼ 82.0%
2020: €66k
2021: €83k▲ +24.6% vs 2020
2022: €102k▲ +24.1% vs 2021highest in 5 years
2023: €74k▼ -27.7% vs 2022
2024: €13k▼ -82.0% vs 2023lowest in 5 years
Net result€42k-€53k▲ 26.9%€61k▲ 13.8%€42k▼ 31.3%€6k▼ 86.7%
2020: €42k
2021: €53k▲ +26.9% vs 2020
2022: €61k▲ +13.8% vs 2021highest in 5 years
2023: €42k▼ -31.3% vs 2022
2024: €6k▼ -86.7% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 82% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €623k
Fixed assets
€8k ▼ 75.0%
Current assets
€615k ▼ 7.2%
Equity and liabilities €623k
Equity
€521k ▲ 1.1%
Debt
€102k ▼ 42.8%
Debt's share of the balance-sheet total falls from 25.7% to 16.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▼
2023 · €87k
Cash flow
€9k▼
2023 · €55k
Current ratio
9.38▲
2023 · 5.18
Quick ratio
6.64▲
2023 · 3.77
Debt to equity
0.20▼
2023 · 0.35
ROE
1.1%▼
2023 · 8.1%
ROA
0.9%▼
2023 · 6.0%
Interest coverage
2.77▼
2023 · 6.90
Debt ≤ 1 year
€66k▼
2023 · €128k
Debt > 1 year
€36k▼
2023 · €46k
Income taxes
€3k▼
2023 · €23k
Staff costs
€12k▼
2023 · €58k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet
Code20232024
Assets
Total assets20/58€694k€623k▼
Fixed assets21/28€31k€8k▼
Tangible fixed assets22/27€31k€8k▼
Plant, machinery and equipment23€8k€292▼
Furniture and vehicles24€12-
Leasing and similar rights25€11k€7k▼
Other tangible fixed assets26€13k-
Current assets29/58€662k€615k▼
Amounts receivable after more than one year29€106k€101k▼
Other amounts receivable291€106k€101k▼
Stocks and contracts in progress3€181k€179k▼
Stocks30/36€181k€179k▼
Amounts receivable within one year40/41€273k€267k▼
Trade receivables40€273k€267k▼
Other amounts receivable41€592-
Cash at bank and in hand54/58€101k€67k▼
Deferred charges and accrued income490/1€774-
Equity and liabilities
Total equity and liabilities10/49€694k€623k▼
Equity10/15€515k€521k▲
Contributions10/11€50k€50k=
Reserves13€236k€242k▲
Distributable reserves133€236k€242k▲
Profit (loss) carried forward14€229k€229k=
Amounts payable17/49€178k€102k▼
Amounts payable after more than one year17€46k€36k▼
Financial debts170/4€46k€36k▼
Amounts payable within one year42/48€128k€66k▼
Current portion of amounts payable after more than one year42€10k€10k▲
Financial debts43€1€32▲
Credit institutions430/8€1€32▲
Trade debts44€47k€23k▼
Suppliers440/4€47k€23k▼
Advances received on contracts in progress46€15k-
Taxes, remuneration and social security45€44k€29k▼
Taxes450/3€42k€29k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€11k€3k▼
Accrued charges and deferred income492/3€4k-
Income statement
Code20232024
Remuneration, social security and pensions62€58k€12k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€3k▼
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A-€12
Gross operating margin9900€149k€30k▼
Operating profit (loss)9901€74k€13k▼
Financial income75/76B€3k€1k▼
Recurring financial income75€3k€1k▼
Financial charges65/66B€13k€6k▼
Recurring financial charges65€13k€6k▼
Profit (loss) for the period before taxes9903€64k€9k▼
Income taxes67/77€23k€3k▼
Profit (loss) for the period9904€42k€6k▼
Profit (loss) for the period to be appropriated9905€42k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€271k€235k▼
Profit (loss) brought forward from the previous period14P€229k€229k=
Transfer to equity691/2€42k€6k▼
To other reserves6921€42k€6k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €423k | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €258k | - | - | - | - |
| Remuneration, social security and pensions62 | - | €54k | €74k | €58k | €12k | ▼ 79.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €16k | €15k | €13k | €3k | ▼ 74.5% |
| Other operating charges640/8 | - | €13k | €2k | €3k | €2k | ▼ 48.2% |
| Non-recurring operating charges66A | - | - | - | - | €12 | - |
| Gross operating margin9900 | €117k | €165k | €193k | €149k | €30k | ▼ 79.6% |
| Operating profit (loss)9901 | €66k | €83k | €102k | €74k | €13k | ▼ 82.0% |
| Financial income75/76B | - | €786 | €2k | €3k | €1k | ▼ 57.7% |
| Recurring financial income75 | €799 | €786 | €2k | €3k | €1k | ▼ 57.7% |
| Financial charges65/66B | - | €10k | €13k | €13k | €6k | ▼ 52.3% |
| Recurring financial charges65 | €8k | €10k | €13k | €13k | €6k | ▼ 52.3% |
| Profit (loss) for the period before taxes9903 | €59k | €73k | €92k | €64k | €9k | ▼ 86.8% |
| Income taxes67/77 | €17k | €20k | €31k | €23k | €3k | ▼ 86.8% |
| Profit (loss) for the period9904 | €42k | €53k | €61k | €42k | €6k | ▼ 86.7% |
| Profit (loss) for the period to be appropriated9905 | €42k | €53k | €61k | €42k | €6k | ▼ 86.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €492k | €607k | €668k | €694k | €623k | ▼ 10.2% |
| Fixed assets21/28 | €49k | €44k | €32k | €31k | €8k | ▼ 75.0% |
| Tangible fixed assets22/27 | €49k | €44k | €32k | €31k | €8k | ▼ 75.0% |
| Plant, machinery and equipment23 | - | €11k | €11k | €8k | €292 | ▼ 96.2% |
| Furniture and vehicles24 | - | €1k | - | €12 | - | - |
| Leasing and similar rights25 | - | €3k | - | €11k | €7k | ▼ 30.0% |
| Other tangible fixed assets26 | - | €28k | €21k | €13k | - | - |
| Current assets29/58 | €443k | €563k | €636k | €662k | €615k | ▼ 7.2% |
| Amounts receivable after more than one year29 | - | €129k | €119k | €106k | €101k | ▼ 4.5% |
| Other amounts receivable291 | - | €129k | €119k | €106k | €101k | ▼ 4.5% |
| Stocks and contracts in progress3 | €3k | €93k | €168k | €181k | €179k | ▼ 1.0% |
| Stocks30/36 | - | €93k | €168k | €181k | €179k | ▼ 1.0% |
| Amounts receivable within one year40/41 | €225k | €251k | €271k | €273k | €267k | ▼ 2.3% |
| Trade receivables40 | - | €251k | €266k | €273k | €267k | ▼ 2.1% |
| Other amounts receivable41 | - | €366 | €5k | €592 | - | - |
| Cash at bank and in hand54/58 | €80k | €87k | €76k | €101k | €67k | ▼ 33.4% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €774 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €492k | €607k | €668k | €694k | €623k | ▼ 10.2% |
| Equity10/15 | €360k | €413k | €474k | €515k | €521k | ▲ 1.1% |
| Contributions10/11 | - | €50k | €50k | €50k | €50k | = |
| Reserves13 | €81k | €134k | €195k | €236k | €242k | ▲ 2.3% |
| Non-distributable reserves130/1 | - | €5k | €5k | - | - | - |
| Reserves not available under the articles1311 | - | €5k | €5k | - | - | - |
| Distributable reserves133 | - | €129k | €190k | €236k | €242k | ▲ 2.3% |
| Profit (loss) carried forward14 | €229k | €229k | €229k | €229k | €229k | = |
| Amounts payable17/49 | €133k | €194k | €194k | €178k | €102k | ▼ 42.8% |
| Amounts payable after more than one year17 | €17k | €7k | - | €46k | €36k | ▼ 21.6% |
| Financial debts170/4 | - | €7k | - | €46k | €36k | ▼ 21.6% |
| Amounts payable within one year42/48 | €115k | €185k | €190k | €128k | €66k | ▼ 48.7% |
| Current portion of amounts payable after more than one year42 | - | €12k | €7k | €10k | €10k | ▲ 4.5% |
| Financial debts43 | - | €37k | €87k | €1 | €32 | ▲ 4,815% |
| Credit institutions430/8 | - | €37k | €87k | €1 | €32 | ▲ 4,815% |
| Trade debts44 | €77k | €81k | €59k | €47k | €23k | ▼ 50.7% |
| Suppliers440/4 | - | €81k | €59k | €47k | €23k | ▼ 50.7% |
| Advances received on contracts in progress46 | - | - | - | €15k | - | - |
| Taxes, remuneration and social security45 | - | €30k | €36k | €44k | €29k | ▼ 34.5% |
| Taxes450/3 | - | €26k | €23k | €42k | €29k | ▼ 31.1% |
| Remuneration and social security454/9 | - | €3k | €14k | €2k | - | - |
| Other amounts payable47/48 | - | €26k | - | €11k | €3k | ▼ 73.0% |
| Accrued charges and deferred income492/3 | - | €3k | €4k | €4k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42k | €53k | €61k | €42k | €6k | ▼ 86.7% |
| + Depreciation and write-downs630 | €15k | €16k | €15k | €13k | €3k | ▼ 74.5% |
| Operating cash flow (approximation) | €57k | €70k | €76k | €55k | €9k | ▼ 83.8% |
| Investment in fixed assets (approximation) | - | €-11k | €-3k | €-13k | €20k | ▲ 255% |
| Change in cash | - | €7k | €-11k | €25k | €-34k | ▼ 235% |
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
2025
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
2024
31-12
Financial
Weakest financial yearnet €6k ▼86.7%
Net result drops to €6k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Equity above €500kEq €515k ▲8.8%
6 profitable years in a row build equity to €515k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €61k ▲13.8%
Operating result €102k, net result €61k, both a record.
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 54 days late
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
25-01
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 178 days late
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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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, Heuvelland · 1 establishment unit since 2001
Ground area
260 m²
Building footprint
170 m²
Volume, LiDAR
1,124 m³
2 parcels, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HOKON.
since 20012.095.277.006
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33015B0090/00E004 | Flanders | 172 m² | 1 · 82 m² | 11.0 m · 2 fl. |
| 33007A0205/00V000 | Flanders | 88 m² | 1 · 88 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,451 companies in sector 41003 we hold annual accounts for 1,055. 615 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
Founded14-08-2001
Fiscal year end31-12
Activities, NACEBEL 2025
41003General construction of other non-residential buildings
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
Scores and ratios are computed by Checked and are not a credit decision.