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Hand-Werpen

Active
Private limited companyfounded 1968active for 58 yearsGrote Markt 21, 2000 Antwerpen, BelgiumKBO/BCE: BE 0404.707.754
Summary

Hand-Werpen has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €493,920 and a net result of €46,677. Equity has been growing by about 67% per year since 2018. Its solvency ranks better than 85% of 4,798 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active Normal situation
Activity
Cafés and bars NACE 56301and 1 other
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
Establishment unit
2.005.326.233 2000 Antwerpen, since 01-04-1960
Financial year end
31 December
Peppol
Reachable since 12-11-2025

Board and ownership

Board

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€504,963
▼ 8.7%
Turnover
≈ €1.2m
estimated
Profit
€46,677
▼ 50.8%
Equity
€493,920
▲ 10.4%
Total assets
€709,401
▲ 11.2%
Employees on 31-12-2025
17
▲ 21.4%
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)lowers riskFounded in 1968Liquidity: current ratio 2.33, cash €105,957Equity €493,920 (69.6% of total assets)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 71% of small companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency 95=
equity 69.6% of total assets
Liquidity 59+9
short-term debt 26.2% · cash 14.9%
Profitability 77-10
return on assets 6.6%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,616 companies, NACE 56, small)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.5 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.33 (1.92 in 2024), above the usual 1.5. Short-term debt is 26.2% and cash 14.9% of total assets. 30.4% of the assets are financed with debt and provisions.
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 56, small). It does better than 90% of them on solvency, 68% on liquidity, 63% on profitability and 62% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Five signals.
lowers riskraises risk
lowers risk · Founded in 1968
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Liquidity: current ratio 2.33, cash €105,957
NBB · annual accounts
lowers risk · Equity €493,920 (69.6% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
29 days late
2023
30 days late
2022
71 days late
2021
31 days late
2020
167 days late
2019
532 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 127 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 86% of companies in food and beverage servicesector median €79,219 · 4,800 companies €493,920 View

Recent changes

  1. · Gazette deed Appointments: Dirk Vantomme (director) and Frieda Decapmaker (director)
  2. · Gazette deed Capital & shares · Amendment of the articles · Legal-form change · Resignations & appointments
All 15 events

Comparable companies

These companies have the same main activity as Hand-Werpen: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €446,000 and €1m, founded between 1974 and 1990.

CompanyTotal assetsGross margin
Hand-Werpen Antwerpen€0.7m€0.5m
SNUFFEL Brugge€0.6m€0.8m
VICTORY Blankenberge€0.5m€0.5m
BIERKASTEEL Izegem€0.6m€0.6m
IN DE WANDELING Zoersel€0.6m€0.5m
DE WATERHOEK Dessel€1.0m€0.7m
DE TROMPET Ieper€0.4m€0.4m
Full comparison

Key facts about Hand-Werpen

What is the company number of Hand-Werpen?
The company number of Hand-Werpen is 0404.707.754. The VAT number is the same number with BE in front: BE 0404.707.754.
Where is Hand-Werpen based?
The registered office is at Grote Markt 21, 2000 Antwerpen.Company details
What does Hand-Werpen do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of Hand-Werpen?
The legal form of Hand-Werpen is Private limited company (BV).
When was Hand-Werpen founded?
Hand-Werpen was founded on 01-01-1968.
Is Hand-Werpen still active?
Yes, Hand-Werpen is an active enterprise in the KBO register.
How many employees does Hand-Werpen have?
Hand-Werpen had an average of 11.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Hand-Werpen fall under?
In its 2025 annual accounts, Hand-Werpen states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of Hand-Werpen?
The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €504,963 and 83 comparable companies (NACE 56). It probably lies between €1.1m and €1.5m.
Is Hand-Werpen profitable?
In financial year 2025, Hand-Werpen made a profit of €46,677.
Where can I find the annual accounts of Hand-Werpen?
Hand-Werpen filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Hand-Werpen due?
Hand-Werpen must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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