Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 13.3 to 10.2.
Financials
Financial year 2026
Haco from Roeselare, company number BE0405568183, closed financial year 2026 with a result of € 79,652 after tax. For that financial year Haco recorded revenue of € 574,594 and equity of € 24.9 million. Compared with financial year 2025, the result moved from € 324,805 to € 79,652. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 20, 2026.
€ 24.9 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 79,652
▼ 75% vs 2025
Profit after tax over the fiscal year.
€ 26,321
▲ € 21,397 vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 21.8 million.
People and assets in 2026
10.2
▼ 1.5 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 695,684
▼ 24% vs 2025
€ 68,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 14,400
▼ 36% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 5.4 million
▼ 35% vs 2025
€ 167,004 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 3 million
▲ 18% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 437 days on average.
€ 167,536
▼ 30% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 509,092 | € 570,141 | € 250,594 | € 574,594 | ▲ 129% |
| Profit after taxes | € 751,270 | € -56,561 | € 324,805 | € 79,652 | ▼ 75% |
| Equity | € 24,591,381 | € 24,534,819 | € 24,859,624 | € 24,939,276 | |
| Total debts | € 7,953,399 | € 11,480,555 | € 11,105,991 | € 10,769,119 | ▼ 3% |
| Cash | € 62,199 | € 10,165 | € 4,924 | € 26,321 | ▲ € 21,397 |
| Land & buildings | € 861,546 | € 840,115 | € 818,684 | € 797,461 | ▼ 3% |
| Retained profit | € 21,491,381 | € 21,434,819 | € 21,759,624 | € 21,839,276 | |
| Bank debt | € 4,272,441 | € 7,431,883 | € 8,280,784 | € 5,364,579 | ▼ 35% |
| Balance sheet total | € 32,544,780 | € 36,015,374 | € 35,965,616 | € 35,708,395 | ▼ 1% |
| Employees (FTE) | 16.4 | 13.3 | 11.7 | 10.2 | ▼ 1.5 |
Key figures of Haco, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Haco?
What happened at Haco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- F.M.K. NV stepped down as director. NBB
- BNP Paribas Fortis Private Equity Management NV stepped down as director. NBB
- H & D NV stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 79,652 (▼ 75% vs 2025). Source: NBB ↗
- H & D NV became a director. NBB
- BNP Paribas Fortis Private Equity Management NV became a director. NBB
- F.M.K. NV became a director. NBB
- New establishment in Ardooie. KBO
In short
From € 751,270 profit in 2023 to € 79,652 profit in 2026.
Paid € 20,266 in corporate taxes since 2023.
Best year ever: 2023, with € 751,270 profit.
Management
The stake of F.M.K., H en D, ELECTRABEL, BNP PARIBAS FORTIS PRIVATE EQUITY BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HacoThe shares are held by F.M.K. (36.4%), H en D (36.2%), ELECTRABEL (13.6%) and BNP PARIBAS FORTIS PRIVATE EQUITY BELGIUM (13.6%). It owns 100% of HACO HOLDING INC., 100% of CHAMBON SRL ROEMENIE, 100% of HACO Mubea GMBH, 100% of HACO AS, 100% of HACO and 100% of Haco Machinery Private Limited itself.
Directors
According to the 2026 annual accounts
Managing director · represented by Havegeer Francky
Also active at: EUROPEAN LASER APPLICATIONS SYSTEMS, HACO SERVICE COMPANY, PROMA
since 2019 · until 2031
BNP Paribas Fortis Private Equity Management NV
Director · represented by Denolf Renaat
Also active at: Finex, HET ANKER, A.M.B., PCSI, QUALITY ASSISTANCE, Stûv, GEMMA FRISIUS-FONDS KU LEUVEN, STOFFELS TRADING +15 more
since 2023 · until 2031
Managing director · represented by Havegeer Kurt
Also active at: Herman Heughebaert, HIMCO, HACO SERVICE COMPANY, HD & CO, PROMA, MAILLARD'S LINDE, MAILLARD'S HOLDING, HADEVE +1 more
since 2024 · until 2031
Shareholders
Participations
HACO HOLDING INC.
100%
CHAMBON SRL ROEMENIE
100%
HACO Mubea GMBH
100%
HACO AS
100%
HACO
100%
Haco Machinery Private Limited
100%
HACO AUSTRALIA
100%
IMT HOLDING
100%
BLISS BRET AS
100%
NINGBO HAMUDU CO
100%
SIAM HACO CO
100%
HACO (NINGBO) INT. TRAD. CO. LTD
100%
STOTT ROAD PROPERTIES
100%
HACO SAS
100%
Haco Fat sp z oo
100%
100%
Design Technologies International (D.T.I.)
70%
36.5%
33.3%
Establishments
Establishment units
Physical locations of this company
Oekensestraat 120
8800 Roeselare
Hogeschuurstraat 2
8850 Ardooie
Active since 17 April 1996
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.568.183
- VAT number
- BE 0405.568.183
- Registered office
- Oekensestraat 120, 8800 Roeselare
- Names & denominations
- Haco
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 7 Dec 2025
- Activities · NACE
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