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LE HAMO

Active
Non-profit associationfounded 200323 yrs activeRue des Ecoles(HA) 15, 7911 Frasnes-lez-Anvaing, BelgiumKBO/BCE: BE 0860.741.475
Summary

LE HAMO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €60,723 and a net result of -€9,422. Equity remains stable across the filed fiscal years (±0.5% per year). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability11▼-58
Solvency64▲+7
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 1.51 against 2.3 in 2023; short-term debt: 60.9% and cash: 65.6% of total assets), but 60.9% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Social work activities without accommodation (NACE 88)
about 62% fewer 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
39.1%
Return on assets
-6.1%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 19-06-2026, 42 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
42 d early
2024
38 d early
2023
33 d early
2022
47 d early
2021
62 d early
2020
57 d early
2019
21 d early
← 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 43 days before the deadline; the sector median for financial year 2024 is 24 days before the deadline, and 25% 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 19 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 26 September 2003, LE HAMO was incorporated.1 Total assets went from EUR 133,595 in 2018 to EUR 155,317 in 2024 and headcount from 6.5 to 5 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema, 2025 accounts filed, figures not processed yet

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€9,422
2023 · €807
Working capital
€47,951▼ 60.4%
2023 · €121,210
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 88, Social work activities without accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€147▲ 5.8%€778▲ 430%€1,750▲ 125%€975▼ 44.3%-€9,259
Net result-€1within the sector's middle half€612within the sector's middle half€1,589within the sector's middle half▲ 160%€807within the sector's middle half▼ 49.2%-€9,422below the sector's middle half
Equity€67,138within the sector's middle half=€67,750below the sector's middle half▲ 0.9%€69,338below the sector's middle half▲ 2.3%€70,145below the sector's middle half▲ 1.2%€60,723below the sector's middle half▼ 13.4%
Total assets€177,100below the sector's middle half▲ 21.0%€178,894below the sector's middle half▲ 1.0%€175,550below the sector's middle half▼ 1.9%€219,156below the sector's middle half▲ 24.8%€155,317below the sector's middle half▼ 29.1%
Debt€109,962▲ 38.8%€111,144▲ 1.1%€106,211▼ 4.4%€149,011▲ 40.3%€94,594▼ 36.5%
Working capital€110,625within the sector's middle half▲ 43.7%€64,915below the sector's middle half▼ 41.3%€93,898within the sector's middle half▲ 44.6%€121,210within the sector's middle half▲ 29.1%€47,951below the sector's middle half▼ 60.4%
Solvency37.9%within the sector's middle half▼ 8.0pp37.9%within the sector's middle half=39.5%within the sector's middle half▲ 1.6pp32.0%within the sector's middle half▼ 7.5pp39.1%within the sector's middle half▲ 7.1pp
Current ratio2.74within the sector's middle half▲ 0.581.58within the sector's middle half▼ 1.152.18within the sector's middle half▲ 0.602.30within the sector's middle half▲ 0.121.51within the sector's middle half▼ 0.79
Return on assets (ROA)0.0%within the sector's middle half=0.3%within the sector's middle half▲ 0.3pp0.9%within the sector's middle half▲ 0.6pp0.4%within the sector's middle half▼ 0.5pp-6.1%below the sector's middle half▼ 6.4pp
Staff (FTE)5.5below the sector's middle half▼ 15.4%5.5below the sector's middle half=5below the sector's middle half▼ 9.1%5below the sector's middle half=5below the sector's middle half=
above within below the middle half (P25 to P75) of NACE 88, Social work activities without accommodation, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0Operating result 2020: €147€147Net result 2020: -€1-€1Operating result 2021: €778€778Net result 2021: €612€612Operating result 2022: €1,750€1,750Net result 2022: €1,589€1,589Operating result 2023: €975€975Net result 2023: €807€807Operating result 2024: -€9,259-€9,259Net result 2024: -€9,422-€9,42220202021202220232024-€10,000-€5,000€0Operating result 2022: €1,750€1,750Net result 2022: €1,589€1,590Operating result 2023: €975€975Net result 2023: €807€807Operating result 2024: -€9,259-€9,260Net result 2024: -€9,422-€9,420202220232024
The operating result turns negative in 2024: a loss of €9,259 after €975 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €155,317
Fixed assets €12,773 ▲ 166%
Current assets €142,544 ▼ 33.5%
Equity and liabilities €155,317
Equity €60,723 ▼ 13.4%
Debt €94,594 ▼ 36.5%
Debt's share of the balance-sheet total falls from 68.0% to 60.9%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€7,106▼
2023 · €1,621
Cash flow
-€7,268▼
2023 · €1,453
Debt to equity
1.56▼
2023 · 2.12
ROE
-15.5%▼
2023 · 1.2%
Interest coverage
-43.46▼
2023 · 9.66
Debt ≤ 1 year
€94,594▲
2023 · €93,141
Staff costs
€419,694▲
2023 · €346,628
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€219,156€155,317▼
Fixed assets21/28€4,806€12,773▲
Tangible fixed assets22/27€466€9,563▲
Furniture and vehicles24€466€6,598▲
Other tangible fixed assets26-€2,965
Financial fixed assets28€4,340€3,210▼
Current assets29/58€214,350€142,544▼
Amounts receivable within one year40/41€39,115€35,779▼
Other amounts receivable41€39,115€35,779▼
Cash at bank and in hand54/58€173,764€101,898▼
Deferred charges and accrued income490/1€1,471€4,868▲
Equity and liabilities
Total equity and liabilities10/49€219,156€155,317▼
Equity10/15€70,145€60,723▼
Reserves13€2,267€2,267=
Profit (loss) carried forward14€67,879€58,457▼
Amounts payable17/49€149,011€94,594▼
Amounts payable within one year42/48€93,141€94,594▲
Trade debts44€2,132€2,867▲
Suppliers440/4€2,132€2,867▲
Taxes, remuneration and social security45€56,372€61,196▲
Taxes450/3€9,880€11,051▲
Remuneration and social security454/9€46,492€50,145▲
Accrued charges and deferred income492/3€55,870-
Income statement Code20232024
Non-recurring operating income76A€7,326-
Remuneration, social security and pensions62€346,628€419,694▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€646€2,154▲
Other operating charges640/8€599€838▲
Non-recurring operating charges66A€150€3,593▲
Gross operating margin9900€348,998€417,020▲
Operating profit (loss)9901€975-€9,259▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€168€163▼
Recurring financial charges65€168€163▼
Profit (loss) for the period before taxes9903€807-€9,422▼
Profit (loss) for the period9904€807-€9,422▼
Profit (loss) for the period to be appropriated9905€807-€9,422▼
Appropriation of the result
Profit (loss) to be appropriated9906€67,879€58,457▼
Profit (loss) brought forward from the previous period14P€67,072€67,879▲
Social balance
Average headcount (FTE)90875.05.0=

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A--€598€7,326--
Remuneration, social security and pensions62-€315,065€322,647€346,628€419,694▲ 21.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€745€1,158€613€646€2,154▲ 233%
Other operating charges640/8-€3,486€788€599€838▲ 40.1%
Non-recurring operating charges66A---€150€3,593▲ 2,295%
Gross operating margin9900€293,024€320,487€325,798€348,998€417,020▲ 19.5%
Operating profit (loss)9901€147€778€1,750€975-€9,259▼ 1,050%
Financial income75/76B-€2€2-€1-
Recurring financial income75€2€2€2-€1-
Financial charges65/66B-€168€163€168€163▼ 2.6%
Recurring financial charges65€149€168€163€168€163▼ 2.6%
Profit (loss) for the period before taxes9903-€1€612€1,589€807-€9,422▼ 1,268%
Profit (loss) for the period9904-€1€612€1,589€807-€9,422▼ 1,268%
Profit (loss) for the period to be appropriated9905-€1€612€1,589€807-€9,422▼ 1,268%
Line20202021202220232024Change
Assets
Total assets20/58€177,100€178,894€175,550€219,156€155,317▼ 29.1%
Fixed assets21/28€2,751€2,835€2,223€4,806€12,773▲ 166%
Tangible fixed assets22/27€944€1,026€413€466€9,563▲ 1,952%
Furniture and vehicles24-€1,026€413€466€6,598▲ 1,316%
Other tangible fixed assets26----€2,965-
Financial fixed assets28€1,807€1,808€1,810€4,340€3,210▼ 26.0%
Current assets29/58€174,349€176,059€173,326€214,350€142,544▼ 33.5%
Amounts receivable within one year40/41€39,152€33,938€36,978€39,115€35,779▼ 8.5%
Other amounts receivable41-€33,938€36,978€39,115€35,779▼ 8.5%
Cash at bank and in hand54/58€133,881€140,762€134,890€173,764€101,898▼ 41.4%
Deferred charges and accrued income490/1-€1,359€1,458€1,471€4,868▲ 231%
Equity and liabilities
Total equity and liabilities10/49€177,100€178,894€175,550€219,156€155,317▼ 29.1%
Equity10/15€67,138€67,750€69,338€70,145€60,723▼ 13.4%
Reserves13-€2,267€2,267€2,267€2,267=
Profit (loss) carried forward14€64,871€65,483€67,072€67,879€58,457▼ 13.9%
Amounts payable17/49€109,962€111,144€106,211€149,011€94,594▼ 36.5%
Amounts payable within one year42/48€63,724€111,144€79,428€93,141€94,594▲ 1.6%
Trade debts44€1,944€2,194€2,592€2,132€2,867▲ 34.4%
Suppliers440/4-€2,194€2,592€2,132€2,867▲ 34.4%
Taxes, remuneration and social security45-€55,116€42,199€56,372€61,196▲ 8.6%
Taxes450/3-€10,941€8,169€9,880€11,051▲ 11.9%
Remuneration and social security454/9-€44,175€34,030€46,492€50,145▲ 7.9%
Accrued charges and deferred income492/3--€26,783€55,870--
Line20202021202220232024Change
Profit (loss) for the period9904-€1€612€1,589€807-€9,422▼ 1,268%
+ Depreciation and write-downs630€745€1,158€613€646€2,154▲ 233%
Operating cash flow (approximation)€744€1,770€2,202€1,453-€7,268▼ 600%
Investment in fixed assets (approximation)--€1,242-€2-€3,229-€10,120▼ 213%
Change in cash-€6,881-€5,872€38,874-€71,866▼ 285%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Weakest financial yearnet -€9,422
Net result drops to -€9,422, the lowest in the series.
28-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
14-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
30-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €612
Net result €612 after one loss-making year.
04-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
10-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
18-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts

We know of 13 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
No directors read yet: 0 of 13 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Frasnes-lez-Anvaing · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
838 m²
Building footprint
149 m²
Parcel 51029B0154/00W000, Wallonia. Linked by address, not a title deed.
1 establishment unit
LE HAMO
Rue des Ecoles(HA) 15, 7911 Frasnes-lez-AnvaingSocial work activities without accommodation
since 20082.198.209.050
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
51029B0154/00W000 Wallonia 838 m² 1 · 149 m² -
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.

Subsidies and aid

Wallonia-Brussels Federation

2021 to 2025 · 22 entries · 1,510,823 EUR in total
Year Entries paid
2025 14 399,122 EUR
2024 2 393,129 EUR
2023 2 376,113 EUR
2022 2 329,847 EUR
2021 2 12,612 EUR

Similar companies · same sector, comparable size

Of 258 companies in this sector we hold annual accounts for 136. 84 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formNon-profit association
Founded26-09-2003
Fiscal year end31-12
Activities, NACEBEL 2025
88992Social work activities without accommodation
Contact
E-mail lehamo@skynet.beFrasnes-lez-Anvaing
Phone 069580580Frasnes-lez-Anvaing
E-invoicing
Not found in the Peppol register

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