Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
911 WORKS HASSELT BV from Hasselt, company number BE0648624944, closed financial year 2025 with a result of € -115,021 after tax. For that financial year 911 WORKS HASSELT BV recorded a gross margin of € 2,879 and equity of € -109,160. Compared with financial year 2024, the result moved from € 1,128 to € -115,021. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ -109,160
▼ € 115,021 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -115,021
▼ still € 1,128 profit in 2024
Profit after tax over the fiscal year.
€ 50,973
▲ € 50,937 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -115,360.
People and assets in 2025
€ 68,160
▲ 120% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 51,187
▼ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 129,772
▼ 38% vs 2024
€ 53,456 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 420,509
▲ 209% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 49,448
▲ 29% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -362 | € 46,540 | € 83,183 | € 2,879 | ▼ 97% |
| Profit after taxes | € -29,630 | € -13,243 | € 1,128 | € -115,021 | ▼ € 116,149 |
| Equity | € 17,976 | € 4,733 | € 5,861 | € -109,160 | ▼ € 115,021 |
| Total debts | € 405,282 | € 332,107 | € 420,647 | € 758,210 | ▲ 80% |
| Cash | € 36 | € 36 | € 36 | € 50,973 | ▲ € 50,937 |
| Land & buildings | € 149,031 | € 138,553 | € 128,075 | € 117,597 | ▼ 8% |
| Retained profit | € 11,776 | € -1,467 | € -339 | € -115,360 | ▼ € 115,021 |
| Bank debt | € 260,407 | € 235,237 | € 208,866 | € 129,772 | ▼ 38% |
| Balance sheet total | € 423,258 | € 336,839 | € 426,508 | € 649,051 | ▲ 52% |
Key figures of 911 WORKS HASSELT BV, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to 911 WORKS HASSELT BV?
What happened at 911 WORKS HASSELT BV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 115,021 (▼ € 116,149 vs 2024). filed late Source: NBB ↗
- New establishment in Peer. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,630 loss in 2022 to € 115,021 loss in 2025.
Paid € 21,617 in corporate taxes since 2022.
Best year ever: 2024, with € 1,128 profit.
Management
Behind 911 WORKS HASSELT BV is Ronny Paesen.
Directors
According to the 2025 annual accounts
Ronny Paesen
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Sasstraat 1 box 9
3500 Hasselt
Bocholterweg 34
3990 Peer
Active since 12 February 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →Dakservice
€ 13,090 gross margin · 2025
Urban360
€ 16,310 gross margin · 2025
Beabco
REBMA
IY-Projects
€ 11,591 gross margin · 2022
+9 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0648.624.944
- VAT number
- BE 0648.624.944
- Registered office
- Sasstraat 1 bus 9, 3500 Hasselt
- Names & denominations
- 911 WORKS HASSELT BV
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 February 2016
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)