HAKO
ActiveSummary
HAKO has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €231k and a net result of €62k. Equity is growing by ~35.6% per year across the filed fiscal years. Its solvency ranks better than 46% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+3
Solvency59▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.33 in 2023; short-term debt: 55.2% and cash: 21.2% of total assets), and 65.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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
25 d late
2023
58 d late
2022
31 d late
2021
61 d late
2020
303 d late
2019
140 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€231k▲ 36.7%
2023 · €169k
2018: €17k
2019: €29k
2020: €69k
2021: €93k
2022: €124k
2023: €169k
2018 → 2024
Total assets
€672k▼ 0.5%
2023 · €676k
2018: €223k
2019: €312k
2020: €599k
2021: €535k
2022: €721k
2023: €676k
2018 → 2024
Net result
€62k▲ 37.9%
2023 · €45k
2018: €2k
2019: €13k
2020: €40k
2021: €25k
2022: €30k
2023: €45k
2018 → 2024
Working capital
€168k▲ 28.0%
2023 · €131k
2018: €-14k
2019: €-8k
2020: €37k
2021: €36k
2022: €114k
2023: €131k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€69k-€93k▲ 35.6%€124k▲ 32.4%€169k▲ 36.3%€231k▲ 36.7%
Operating result€45k-€30k▼ 34.2%€34k▲ 14.5%€64k▲ 87.4%€87k▲ 36.0%
Net result€40k-€25k▼ 38.3%€30k▲ 23.5%€45k▲ 48.2%€62k▲ 37.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 36% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €672k
Fixed assets
€134k ▼ 12.5%
Current assets
€539k ▲ 3.0%
Equity and liabilities €672k
Equity
€231k ▲ 36.7%
Debt
€442k ▼ 12.9%
Debt's share of the balance-sheet total falls from 75.1% to 65.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€108k▲
2023 · €98k
Cash flow
€83k▲
2023 · €79k
Current ratio
1.45▲
2023 · 1.33
Quick ratio
0.40▲
2023 · 0.05
Debt to equity
1.92▼
2023 · 3.01
ROE
26.9%▲
2023 · 26.6%
ROA
9.2%▲
2023 · 6.6%
Interest coverage
14.41▼
2023 · 21.25
Debt ≤ 1 year
€371k▼
2023 · €392k
Debt > 1 year
€71k▼
2023 · €115k
Income taxes
€17k▲
2023 · €14k
Staff costs
€29k▲
2023 · €23k
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 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€676k€672k▼
Fixed assets21/28€153k€134k▼
Tangible fixed assets22/27€150k€131k▼
Land and buildings22€105k€98k▼
Plant, machinery and equipment23€10k€7k▼
Furniture and vehicles24€35k€26k▼
Financial fixed assets28€3k€3k=
Current assets29/58€523k€539k▲
Stocks and contracts in progress3€502k€388k▼
Stocks30/36€502k€388k▼
Amounts receivable within one year40/41€9k€8k▼
Trade receivables40€9k€3k▼
Other amounts receivable41-€5k
Cash at bank and in hand54/58€12k€143k▲
Deferred charges and accrued income490/1€900-
Equity and liabilities
Total equity and liabilities10/49€676k€672k▼
Equity10/15€169k€231k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€162k€224k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€161k€223k▲
Amounts payable17/49€507k€442k▼
Amounts payable after more than one year17€115k€71k▼
Financial debts170/4€115k€71k▼
Amounts payable within one year42/48€392k€371k▼
Current portion of amounts payable after more than one year42€31k€25k▼
Trade debts44€282k€285k▲
Suppliers440/4€282k€285k▲
Taxes, remuneration and social security45€14k€7k▼
Taxes450/3€13k€5k▼
Remuneration and social security454/9€1k€2k▲
Other amounts payable47/48€65k€55k▼
Income statement
Code20232024
Remuneration, social security and pensions62€23k€29k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€21k▼
Other operating charges640/8€6k€5k▼
Gross operating margin9900€126k€142k▲
Operating profit (loss)9901€64k€87k▲
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€59k€79k▲
Income taxes67/77€14k€17k▲
Profit (loss) for the period9904€45k€62k▲
Profit (loss) for the period to be appropriated9905€45k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€62k▲
Transfer to equity691/2€45k€62k▲
To other reserves6921€45k€62k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Highest result since 2018net €62k ▲37.9%
Operating result €87k, net result €62k, both a record.
31-12
Financial
Equity above €200kEq €231k ▲36.7%
7 profitable years in a row build equity to €231k.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-12
Financial
Equity above €150kEq €169k ▲36.3%
6 profitable years in a row build equity to €169k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €100kEq €124k ▲32.4%
5 profitable years in a row build equity to €124k.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
30-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 303 days late
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 140 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 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.
Directors · office · real estate
Directors
3 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, Antwerpen · 2 establishment units since 2015
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.
Abdijstraat 1902020 AntwerpenGround area
130 m²
Building footprint
127 m²
Volume, LiDAR
1,570 m³
2 parcels, Flanders · tallest building 16.1 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
AYGOLD
since 20152.241.541.326
Secret Clinic
since 20192.286.570.508
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3842/00D000 | Flanders | 80 m² | 1 · 77 m² | 16.1 m · 5 fl. |
| 11809I2410/00F000 | Flanders | 50 m² | 1 · 50 m² | 14.3 m · 4 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.
Similar companies · same sector, comparable size
UHREN, SCHMUCK, OPTIK EDMOND JOST
BE 0454.486.273
Büllingen · Eq €229,934
JUWELEN HENRI DOM
BE 0422.523.684
Antwerpen · Eq €227,806
V.V. JEWELRY
BE 0436.253.936
Antwerpen · Eq €236,338
Werner Aerts
BE 0818.197.077
Blankenberge · Eq €236,611
Rakyan Rarities Collection
BE 0805.124.348
Antwerpen · Eq €237,171
Of 567 companies in sector 46480 we hold annual accounts for 353. 253 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-04-2015
Fiscal year end31-12
Activities, NACEBEL 2025
46480Wholesale trade
96220Beauty care and other beauty treatments
32123Manufacture of jewellery
46150Agents in the wholesale of furniture, household goods and hardware
47770Retail sale of watches and jewellery
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.