HUMADER
The computed 12-month bankruptcy probability of HUMADER is 2.2% (moderate). The 2025 annual accounts show negative equity (€-140k). Equity remains stable across the filed fiscal years (±0% per year). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-140k |
| Active | 28 yrs |
| Board | 1 |
| Locations | 1 |
Mixed profile: strong on stability, weaker on health.
Computed on 4 of 5 axes. Not measured: profitability. An unmeasured axis is not a zero: no data was read for it.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | - | - | - | €-1k |
| Net profit | - | - | - | €-5k |
| Cash flow | - | - | - | €-1k |
| Staff costs | - | - | - | - |
| Income taxes | - | - | - | - |
| Dividends | - | - | - | - |
| Total assets | €27k | €27k | €27k | €27k |
| Equity | €-140k | €-140k | €-140k | €-140k |
| Debt | €166k | €166k | €166k | €166k |
| of which ≤ 1y | €50k | €50k | €50k | €50k |
| of which > 1y | €117k | €117k | €117k | €117k |
| Working capital | €-48k | €-48k | €-48k | €-48k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 0.03 | 0.03 | 0.03 | 0.03 |
| Quick ratio | 0.03 | 0.03 | 0.03 | 0.03 |
| Working capital ratio | -181.7% | -181.7% | -181.7% | -181.7% |
| Solvency | -526.9% | -526.9% | -526.9% | -526.9% |
| Debt / equity | -1.19 | -1.19 | -1.19 | -1.19 |
| Long-term debt ratio | -0.83 | -0.83 | -0.83 | -0.83 |
| Interest coverage | - | - | - | - |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | - | - | - | -19.6% |
| ROE | - | - | - | 3.7% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (18 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €27k | €27k | €27k | €27k |
| Fixed assets | 21/28 | €25k | €25k | €25k | €25k |
| Tangible fixed assets | 22/27 | €25k | €25k | €25k | €25k |
| Current assets | 29/58 | €1k | €1k | €1k | €1k |
| Amounts receivable within one year | 40/41 | €358 | €358 | €358 | €358 |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €27k | €27k | €27k | €27k |
| Equity | 10/15 | €-140k | €-140k | €-140k | €-140k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | - | - | €700 | €700 |
| Accumulated profits (losses) | 14 | €-159k | €-159k | €-159k | €-159k |
| Amounts payable | 17/49 | €166k | €166k | €166k | €166k |
| Amounts payable after one year | 17 | €117k | €117k | €117k | €117k |
| Amounts payable within one year | 42/48 | €50k | €50k | €50k | €50k |
| Income statement | |||||
| Gross operating margin | 9900 | - | - | - | €-953 |
| Operating result | 9901 | - | - | - | €-5k |
| Result before taxes | 9903 | - | - | - | €-5k |
| Net result for the period | 9904 | - | - | - | €-5k |
| Result to be appropriated | 9905 | - | - | - | €-5k |
-
KOCYIGIT MamütDirectorState Gazette act 25347062 (24-07-2025)Current01-10-2024 → present
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 10-02-1998 |
| Status | Active |
| Postal code | 1120 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819D0202/00B003 | Brussels | 833 m² | 1 · 487 m² | 22.8 m · 5 fl. |
| 21906D0173/00E000indicative | Brussels | 103 m² | 1 · 76 m² | 17.1 m · 5 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
24-07-2025 KOCYIGIT Mamüt appointed as director
- KOCYIGIT Mamüt, Bestuurder
Technical details
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"kind": "decharge_granted",
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"evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale donne d\u00E9charge compl\u00E8te et enti\u00E8re au g\u00E9rant d\u00E9missionnaire pour l\u2019ex\u00E9cution de son mandat.",
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"evidence_quote": "Est appel\u00E9 aux fonctions d\u2019administrateur non statutaire pour une dur\u00E9e illimit\u00E9e : Monsieur KOCYIGIT Mam\u00FCt, pr\u00E9nomm\u00E9, ici pr\u00E9sent et qui accepte.",
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],
"notary": {
"name": "Christian HUYLEBROUCK",
"firm_city": null,
"firm_name": null,
"office_city": "Molenbeek-Saint-Jean",
"is_associated": false
},
"act_meta": {
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"filing_date": "2025-07-22",
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},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2025-07-17",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0462.643.973",
"name_full": "HUMADER",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
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"person_name": "Christian HUYLEBROUCK",
"org_rep_person_name": null,
"person_role_at_subject": "notaire"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}08-09-2022 All shares are now held by a single shareholder
Technical details
{
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"n_shares_destroyed": null,
"not_yet_called_eur": null,
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"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
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"shareholders_after": [],
"share_classes_after": []
}| Legal nameFR | HUMADER |