HOTAK GROUP
ActiveSummary
HOTAK GROUP has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €412,012. Equity has been growing by about 32% per year since 2018. Its solvency ranks better than 33% of 9,909 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Official details
Source: KBO- Status
- Active since 24-04-2017 Normal situation
- Activity
- General electrical installation work NACE 43211and 4 others
- Joint committee
- 149.01 Paritair Subcomité voor de elektriciens: installatie en distributie · annual accounts 2025
- Establishment unit
- 2.263.794.413 9820 Merelbeke-Melle, since 24-04-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 25-11-2025
Board and ownership
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.0%
- Gross margin
- €2.5m
- ▲ 39.2%
- Turnover
- ≈ €6.9m
- estimated
- Profit
- €412,012
- ▲ 33.1%
- Equity
- €1.1m
- ▲ 17.7%
- Total assets
- €3.6m
- ▲ 80.2%
- Employees on 31-12-2025
- 28
- ▲ 33.3%
Score breakdownraises risk2 of the last 3 accounts late1 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed on 22-07-2026)Profit of €412,012 (financial year 2025)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, small). It does better than 38% of them on solvency, 25% on liquidity, 79% on profitability and 73% on growth.
The bankruptcy probability was computed on 03-11-2026 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
The company filed its last 7 accounts on average 63 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Higher net result than 95% of companies in specialised constructionsector median €26,848 · 9,901 companies €412,012 View
- Board changedlatest change 13-03-2026 · 4 in office 2 joined · 2 left View
- Positive: 8 profitable years in a rowprofit 2025: €412,012 8 years View
- Positive: Result rose in 2025from €309,476 to €412,012 ▲ 33.1% View
Recent changes
- · Gazette deed Registered office moved from Merelbeke-Melle Wafelstraat to WetterenNew seat: 9230 Wetteren, Honderdweg 24 · Previous seat: 9820 Merelbeke-Melle Wafelstraat 5A
- · Gazette deed 1 director appointed, 1 director resigningResignation: BV SMU (director) · Permanent representative: Isci Muhammet · Appointment: Isci Muhammet (director)
- · Gazette deed 1 director appointed, 1 director resigningResignation: BV ANKA GROUP (director) · Permanent representative: Ugur Özacak · Appointment: Ugur Özacak (director)
Comparable companies
These companies have the same main activity as HOTAK GROUP: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €2.2m and €4.7m, founded between 2011 and 2018.
| Company | Total assets | Gross margin |
|---|---|---|
| HOTAK GROUP Wetteren | €3.6m | €2.5m |
| IPSYS SOLUTIONS Liège | €3.5m | €2.9m |
| 802 networks Kontich | €4.5m | €2.0m |
| UNIRENT Lokeren | €4.7m | €4.3m |
| ATOM Merelbeke-Melle | €4.1m | €1.8m |
| SUNTRONICS SOLAR Ledegem | €2.2m | €2.8m |
| BASTIN ELEKTROTECHNIK Lontzen | €4.0m | €1.5m |
Key facts about HOTAK GROUP
- What is the company number of HOTAK GROUP?
- The company number of HOTAK GROUP is 0674.758.427. The VAT number is the same number with BE in front: BE 0674.758.427.
- Where is HOTAK GROUP based?
- The registered office is at Honderdweg 24, 9230 Wetteren.Company details
- What does HOTAK GROUP do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of HOTAK GROUP?
- The legal form of HOTAK GROUP is Private limited company (BV).
- When was HOTAK GROUP founded?
- HOTAK GROUP was founded on 24-04-2017.
- Is HOTAK GROUP still active?
- Yes, HOTAK GROUP is an active enterprise in the KBO register.
- How many employees does HOTAK GROUP have?
- HOTAK GROUP had an average of 28.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does HOTAK GROUP fall under?
- In its 2025 annual accounts, HOTAK GROUP states joint committee 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie).
- What is the turnover of HOTAK GROUP?
- The turnover in financial year 2025 is ≈ €6.9m. This figure is estimated from the gross margin of €2.5m and 31 comparable companies (NACE 432). It probably lies between €5.4m and €8.6m. In financial year 2019 turnover was €1.5m.
- Is HOTAK GROUP profitable?
- In financial year 2025, HOTAK GROUP made a profit of €412,012.
- Where can I find the annual accounts of HOTAK GROUP?
- HOTAK GROUP filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HOTAK GROUP due?
- HOTAK GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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