MS HANET
ActiveThe computed 12-month bankruptcy probability of MS HANET is 2.9% (moderate). The 2025 annual accounts show equity of €707k and a net result of €124k. Equity is growing by ~34.2% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▼-10
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 18.31 against 22.87 in 2024; short-term debt: 4.9% and cash: 89.7% of total assets), and 4.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
95.1%
Return on assets
16.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
22 d late
2023
12 d late
2022
34 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€707k▲ 21.3%
2024 · €583k
2022: €240k
2023: €368k
2024: €583k
2022 → 2025
Total assets
€744k▲ 22.8%
2024 · €606k
2022: €243k
2023: €428k
2024: €606k
2022 → 2025
Net result
€124k▼ 42.1%
2024 · €215k
2022: €234k
2023: €128k
2024: €215k
2022 → 2025
Working capital
€634k▲ 27.8%
2024 · €496k
2022: €132k
2023: €276k
2024: €496k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€240k-€368k▲ 53.6%€583k▲ 58.3%€707k▲ 21.3%
Operating result€329k-€188k▼ 42.8%€315k▲ 67.5%€182k▼ 42.2%
Net result€234k-€128k▼ 45.1%€215k▲ 67.1%€124k▼ 42.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 42% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €744k
Fixed assets
€73k▼ 15.6%
Current assets
€670k▲ 29.2%
Equity and liabilities €744k
Equity
€707k▲ 21.3%
Debt
€37k▲ 61.4%
The debt ratio rises from 3.7% to 4.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€196k▼
2024 · €330k
Cash flow
€138k▼
2024 · €230k
Solvency
95.1%▼
2024 · 96.3%
Current ratio
18.31▼
2024 · 22.87
Quick ratio
18.31▼
2024 · 22.87
Debt / equity
0.05▲
2024 · 0.04
ROE
17.6%▼
2024 · 36.8%
ROA
16.7%▼
2024 · 35.4%
Interest coverage
2237.05▼
2024 · 2720.40
Debt
€37k▲
2024 · €23k
Debt ≤ 1 year
€37k▲
2024 · €23k
Income taxes
€58k▼
2024 · €101k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€606k€744k▲
Fixed assets21/28€87k€73k▼
Tangible fixed assets22/27€87k€73k▼
Plant, machinery and equipment23€77k€67k▼
Furniture and vehicles24€2k-
Other tangible fixed assets26€9k€6k▼
Current assets29/58€519k€670k▲
Amounts receivable within one year40/41-€2k
Trade receivables40-€2k
Cash at bank and in hand54/58€518k€667k▲
Deferred charges and accrued income490/1€625€895▲
Equity and liabilities
Total equity and liabilities10/49€606k€744k▲
Equity10/15€583k€707k▲
Contributions10/11€6k€6k=
Reserves13€564k€684k▲
Non-distributable reserves130/1€600€600=
Other1319€600€600=
Distributable reserves133€564k€684k▲
Profit (loss) carried forward14€13k€17k▲
Amounts payable17/49€23k€37k▲
Amounts payable within one year42/48€23k€37k▲
Taxes, remuneration and social security45€16k€24k▲
Taxes450/3€16k€24k▲
Other amounts payable47/48€7k€13k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€14k▼
Other operating charges640/8-€787
Gross operating margin9900€330k€197k▼
Operating profit (loss)9901€315k€182k▼
Financial charges65/66B€121€88▼
Recurring financial charges65€121€88▼
Profit (loss) for the period before taxes9903€315k€182k▼
Income taxes67/77€101k€58k▼
Profit (loss) for the period9904€215k€124k▼
Profit (loss) for the period to be appropriated9905€215k€124k▼
Appropriation of the result
Profit (loss) to be appropriated9906€223k€137k▼
Profit (loss) brought forward from the previous period14P€8k€13k▲
Transfer to equity691/2€210k€120k▼
To other reserves6921€210k€120k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €124k ▼42.1%
Net result drops to €124k, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Liquidity quadruplescurrent ratio 22.87
Current ratio from 5.70 to 22.87; short-term debt falls from €59k to €23k.
31-12
Financial
Equity above €500kEq €583k ▲58.3%
3 profitable years in a row build equity to €583k.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Charleroi · 2 establishment units since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Lantin 306043 CharleroiGround area
3,159 m²
Building footprint
295 m²
Volume, LiDAR
1,792 m³
2 parcels, Wallonia · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Rue Lantin 30, 6043 Charleroi
since 20212.321.536.434
Cabinet d'ophtalmologie
since 20262.387.088.638
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52058A0181/00M000 | Wallonia | 3,047 m² | 1 · 170 m² | 9.8 m · 2 fl. |
| 52041A0297/00C002 | Wallonia | 111 m² | 1 · 125 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-06-2021
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.