HKN 11 is registered with the CBE as active in: Handel in eigen onroerend goed. Private Limited, started on 25 March 2015, 1 establishment.

What is the address of HKN 11?

The registered office of HKN 11 is located at Louizalaan 65 box 11, 1050 Elsene.

Is HKN 11 still active?

Yes. According to the CBE (31 October 2026) HKN 11 is active, legal situation “Normale toestand”, started on 25 March 2015.

Is HKN 11 registered on Peppol?

Yes, HKN 11 is registered on the Peppol network with ID 0208:0612971110.

What is the enterprise number of HKN 11?

The enterprise number of HKN 11 is BE0612971110.

When was HKN 11 founded?

HKN 11 was founded on 25 March 2015.

Who are the directors of HKN 11?

According to the 2024 annual accounts, the directors of HKN 11 are: Hakan Malkoc.

Is HKN 11 a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 March 2015; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did HKN 11 make in 2024?

HKN 11 recorded a loss after taxes of € 130,116 in financial year 2024.

What is the revenue of HKN 11?

As a small company, HKN 11 is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 110,140.

HKN 11 (Private Limited) - Elsene - BE0612971110

Dossier HKN 11, printed on 31 October 2026 from databakkes.be/en/0612971110/hkn-11. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 2 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

HKN 11 from Elsene, company number BE0612971110, closed financial year 2024 with a result of € -130,116 after tax. For that financial year HKN 11 recorded a gross margin of € 110,140 and equity of € 120,444. Compared with financial year 2023, the result moved from € 25,051 to € -130,116. The company made a loss. The buffer shrank hard: equity is 52 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 25, 2025.

What it is worth Shrank hard

€ 120,444

▼ 52% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -130,116

▼ still € 25,051 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 24,195

▲ € 23,597 vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 101,844.

People and assets in 2024

Wage cost

€ 34,607

▲ 6% vs 2023

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 43,330

▼ 27% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 21 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.6 million

▼ 3% vs 2023

€ 11,598 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.

Owed to suppliers

€ 13,493

▼ 97% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 8,541

▼ 76% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 309,731 Gross margin 2021: € 309,731 First fiscal year in the series	€ 319,821 Gross margin 2022: € 319,821 ▲ 3% vs 2021 (€ 309,731) Favourable step	€ 201,179 Gross margin 2023: € 201,179 ▼ 37% vs 2022 (€ 319,821) Unfavourable step	€ 110,140 Gross margin 2024: € 110,140 ▼ 45% vs 2023 (€ 201,179) Unfavourable step	▼ 45%
Profit after taxes	€ 103,923 Profit after taxes 2021: € 103,923 First fiscal year in the series	€ 121,688 Profit after taxes 2022: € 121,688 ▲ 17% vs 2021 (€ 103,923) Favourable step	€ 25,051 Profit after taxes 2023: € 25,051 ▼ 79% vs 2022 (€ 121,688) Unfavourable step	€ -130,116 Profit after taxes 2024: € -130,116 ▼ € 155,167 vs 2023 (€ 25,051) Unfavourable step	▼ € 155,167
Equity	€ 103,821 Equity 2021: € 103,821 First fiscal year in the series	€ 225,509 Equity 2022: € 225,509 ▲ 117% vs 2021 (€ 103,821) Favourable step	€ 250,559 Equity 2023: € 250,559 ▲ 11% vs 2022 (€ 225,509) Favourable step	€ 120,444 Equity 2024: € 120,444 ▼ 52% vs 2023 (€ 250,559) Unfavourable step	▼ 52%
Total debts	€ 1,626,900 Total debts 2021: € 1,626,900 First fiscal year in the series	€ 2,040,940 Total debts 2022: € 2,040,940 ▲ 25% vs 2021 (€ 1,626,900) Unfavourable step	€ 2,482,172 Total debts 2023: € 2,482,172 ▲ 22% vs 2022 (€ 2,040,940) Unfavourable step	€ 2,208,238 Total debts 2024: € 2,208,238 ▼ 11% vs 2023 (€ 2,482,172) Favourable step	▼ 11%
Cash	-	€ 201,324 Cash 2022: € 201,324 First fiscal year in the series	€ 599 Cash 2023: € 599 ▼ € 200,725 vs 2022 (€ 201,324) Unfavourable step	€ 24,195 Cash 2024: € 24,195 ▲ € 23,597 vs 2023 (€ 599) Favourable step	▲ € 23,597
Land & buildings	€ 351,624 Land & buildings 2021: € 351,624 First fiscal year in the series	€ 695,213 Land & buildings 2022: € 695,213 ▲ 98% vs 2021 (€ 351,624) Unchanged	€ 1,029,081 Land & buildings 2023: € 1,029,081 ▲ 48% vs 2022 (€ 695,213) Unchanged	€ 1,369,487 Land & buildings 2024: € 1,369,487 ▲ 33% vs 2023 (€ 1,029,081) Unchanged	▲ 33%
Retained profit	€ 85,221 Retained profit 2021: € 85,221 First fiscal year in the series	€ 206,909 Retained profit 2022: € 206,909 ▲ 143% vs 2021 (€ 85,221) Favourable step	€ 231,959 Retained profit 2023: € 231,959 ▲ 12% vs 2022 (€ 206,909) Favourable step	€ 101,844 Retained profit 2024: € 101,844 ▼ 56% vs 2023 (€ 231,959) Unfavourable step	▼ 56%
Bank debt	€ 1,226,944 Bank debt 2021: € 1,226,944 First fiscal year in the series	€ 1,421,942 Bank debt 2022: € 1,421,942 ▲ 16% vs 2021 (€ 1,226,944) Unfavourable step	€ 1,629,665 Bank debt 2023: € 1,629,665 ▲ 15% vs 2022 (€ 1,421,942) Unfavourable step	€ 1,583,140 Bank debt 2024: € 1,583,140 ▼ 3% vs 2023 (€ 1,629,665) Favourable step	▼ 3%
Balance sheet total	€ 1,730,721 Balance sheet total 2021: € 1,730,721 First fiscal year in the series	€ 2,266,448 Balance sheet total 2022: € 2,266,448 ▲ 31% vs 2021 (€ 1,730,721) Unchanged	€ 2,732,732 Balance sheet total 2023: € 2,732,732 ▲ 21% vs 2022 (€ 2,266,448) Unchanged	€ 2,328,682 Balance sheet total 2024: € 2,328,682 ▼ 15% vs 2023 (€ 2,732,732) Unchanged	▼ 15%

Key figures of HKN 11, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to HKN 11?

What happened at HKN 11 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 25, 2025 New annual accounts for financial year 2024: loss of € 130,116 (▼ € 155,167 vs 2023). Source: NBB ↗
Mar 25, 2016 New establishment in Vilvoorde. KBO
Mar 25, 2015 Start of the company according to the CBE. KBO

In short

From € 103,923 profit in 2021 to € 130,116 loss in 2024.

Paid € 54,902 in corporate taxes since 2021.

Best year ever: 2022, with € 121,688 profit.

Original PDFs at the National Bank ↗

Management

Hakan Malkoc

HKN 11

IMMO N2E

SH IMMO

Behind HKN 11 is Hakan Malkoc. Hakan Malkoc is also behind IMMO N2E and SH IMMO.

Directors

According to the 2024 annual accounts

Hakan Malkoc

Director

Also active at: IMMO N2E, SH IMMO

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 65 box 11

1050 Elsene

2.252.281.305

Hendrik I-lei 14

1800 Vilvoorde

Active since 25 March 2016

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0612.971.110

VAT number

BE 0612.971.110

Registered office

Louizalaan 65 bus 11, 1050 Elsene

Names & denominations

HKN 11

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

25 March 2015

Peppol

Active · Active since 8 Jan 2026

Activities · NACE

Handel in eigen onroerend goed

Ontwikkeling van residentiële bouwprojecten

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Ontwikkeling van niet-residentiële bouwprojecten

View on CBE Public ↗ Annual accounts (NBB) ↗

HKN 11

Warning lights

Financials

What happened to HKN 11?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions