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THE HATCH

Active
Private limited companyfounded 2021active for 4 yearsVredestraat 53, 8790 Waregem, BelgiumKBO/BCE: BE 0777.382.051

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

THE HATCH has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €655,821 and a net result of -€3,077. Equity has been growing by about 30% per year since 2022. Its solvency ranks better than 61% of 5,789 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

KBO
Status
Active since 16-11-2021 Normal situation
Registered office
141 active companies are registered at this address 5 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Development of residential building projects NACE 68121and 2 others
Establishment unit
2.325.376.644 8790 Waregem, since 16-11-2021
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • Demuynck DavyDirector · since 15-11-2021
  • Thiers PaulDirector · since 15-11-2021
  • Vanfleteren KristofDirector · since 15-11-2021
Shareholders

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Loss
€3,077
▼ 17.7%
Equity
€655,821
▲ 466%
Total assets
€1.3m
▲ 84.9%
Filed on 29-06-2026, 32 days before the deadlineat the National Bank
Score breakdownraises riskLiquidity: current ratio 167.20, cash €1,359lowers riskSector: Real estate activities (NACE 68)Size: total assets €1.3mFigures for financial year 2025 (filed on 29-06-2026)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 62% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency 76+34
equity 51.0% of total assets
Liquidity 50=
short-term debt 0.6% · cash 0.1%
Profitability 37+1
return on assets -0.2%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.6%▲ +0.1 percentage points vs 05-2025 07-2025: 0.5%▼ -0.1 percentage points vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.1 percentage points vs 07-2026 09-2026: 0.9%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.4%▼ -0.5 percentage points vs 09-2026lowest value
Credit of up to €55,000 on 30-day terms is acceptable
Short-term debt is 0.6% and cash 0.1% of total assets. 49% 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 68, micro). It does better than 65% of them on solvency, 51% on liquidity, 32% on profitability and 98% on growth.

The bankruptcy probability was computed on 31-10-2026 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 riskneutral
raises risk · Liquidity: current ratio 167.20, cash €1,359
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Size: total assets €1.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 29-06-2026)
NBB · annual accounts
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 29-06-2026, 32 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
32 days early
2024
34 days early
2023
27 days early
2022
27 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 30 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 2 July (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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

  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€3,077 View
  • Positive: Equity rose in 2025from €115,898 to €655,821 ▲ 466% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

Comparable companies

These companies have the same main activity as THE HATCH: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.3m and €1.4m, founded between 2021 and 2022.

CompanyTotal assetsGross margin
THE HATCH Waregem€1.3m-
AEDISAMBRE Waregem€1.4m€0.5m
UNIQUE RENOVATIONS Knokke-Heist€1.3m€0.7m
KNOKKE CONSTRUCT Knokke-Heist€1.3m€0.07m
DELCHA CONSTRUCT Avelgem€1.4m€0.08m
SONICAL REAL ESTATE Oostkamp€1.4m€0.1m
IMMO LAGRY Dentergem€1.3m€0.1m
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about THE HATCH

What is the company number of THE HATCH?
The company number of THE HATCH is 0777.382.051. The VAT number is the same number with BE in front: BE 0777.382.051.
Where is THE HATCH based?
The registered office is at Vredestraat 53, 8790 Waregem.Company details
What does THE HATCH do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of THE HATCH?
The legal form of THE HATCH is Private limited company (BV).
When was THE HATCH founded?
THE HATCH was founded on 16-11-2021.
Is THE HATCH still active?
Yes, THE HATCH is an active enterprise in the KBO register.
What is the turnover of THE HATCH?
The annual accounts for financial year 2025 state no turnover.Financials
Is THE HATCH profitable?
In financial year 2025, THE HATCH made a loss of €3,077.
Where can I find the annual accounts of THE HATCH?
THE HATCH filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of THE HATCH due?
THE HATCH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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