Active · per the CBE, 17 September 2026

HOTAK GROUP

BE0674758427

Rechtspersoon Private limited company 1 establishment

HOTAK GROUP is a civil engineering contractor in Wetteren. Private Limited, started on 24 April 2017, 1 establishment.

Honderdweg 24, 9230 Wetteren

Behind the company: Muhammet Isci, Anka Group, Ugur Ozocak, Sefa Isci+1.

Active for

9 year, 4 months

Financials

Financial year 2025

HOTAK GROUP from Wetteren, company number BE0674758427, closed financial year 2025 with a result of € 412,012 after tax. For that financial year HOTAK GROUP recorded a gross margin of € 2.5 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 309,476 to € 412,012. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.

What it is worth Growing

€ 1.1 million

▲ 18% vs 2024

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

Profit Growing

€ 412,012

▲ 33% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 368,906

▲ 208% vs 2024

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

Where the profit goes Pays out

€ 250,000 paid out

61 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

28.2

▲ 5.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.6 million

▲ 49% vs 2024

€ 55,800 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.

Vehicles and equipment

€ 649,575

▲ 127% vs 2024

Of which on lease € 455,833.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 863,499

▲ 160% vs 2024

€ 128,131 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 1.3 million

▲ 162% vs 2024

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

Taxes and wages

€ 58,712

▼ 67% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 1,206,056 € 1,663,145 € 1,821,999 € 2,535,340 ▲ 39%
Profit after taxes € 185,853 € 301,890 € 309,476 € 412,012 ▲ 33%
Equity € 516,137 € 605,350 € 914,826 € 1,076,838 ▲ 18%
Total debts € 1,484,540 € 1,267,573 € 1,060,771 € 2,483,139 ▲ 134%
Cash € 165,099 € 76,790 € 119,716 € 368,906 ▲ 208%
Retained profit € 467,537 € 556,750 € 866,226 € 1,028,238 ▲ 19%
Dividend € 50,000 € 212,677 € 0 € 250,000
Bank debt € 606,600 € 498,362 € 331,629 € 863,499 ▲ 160%
Balance sheet total € 2,000,678 € 1,872,924 € 1,975,597 € 3,559,977 ▲ 80%
Employees (FTE) 16.8 20.7 22.5 28.2 ▲ 5.7

Key figures of HOTAK GROUP, 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 HOTAK GROUP?

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

  • New annual accounts for financial year 2025: profit of € 412,012 (▲ 33% vs 2024). Source: NBB ↗
  • New establishment in Merelbeke-Melle. KBO
  • Start of the company according to the CBE. KBO

In short

From € 185,853 profit in 2022 to € 412,012 profit in 2025.

Paid € 560,097 in corporate taxes since 2022.

Best year ever: 2025, with € 412,012 profit.

On average € 89,900 of value added per employee in 2025.

Management

Muhammet Isci Anka Group Ugur Ozocak Sefa Isci +1
HOTAK GROUP

Behind HOTAK GROUP are Muhammet Isci, Anka Group, Ugur Ozocak, Sefa Isci and SMU. Muhammet Isci is also behind SMU. Ugur Ozocak is also behind ANKA GROUP.

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Directors

According to the 2025 annual accounts

Muhammet Isci

Director

Also active at: SMU

Anka Group

Director · represented by Ugur Ozocak

Ugur Ozocak

Director

Also active at: ANKA GROUP

Sefa Isci

Director

SMU

Director · represented by Muhammet Isci

Establishments

Establishment units

Physical locations of this company

Registered office

Honderdweg 24

9230 Wetteren

2.263.794.413

Wafelstraat 5A

9820 Merelbeke-Melle

Active since 24 April 2017

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

Details

Company number
0674.758.427
VAT number
BE 0674.758.427
Registered office
Honderdweg 24, 9230 Wetteren
Names & denominations
HOTAK GROUP
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
24 April 2017
Peppol
Active · Active since 25 Nov 2025
Activities · NACE

Bouw van civieltechnische werken voor elektriciteit en telecommunicatie

Algemene elektrotechnische installatiewerken

Landschapsverzorging

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

Bouw van boven- en ondergrondse spoorwegen

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)

Frequently asked questions

What does HOTAK GROUP do?
HOTAK GROUP is a civil engineering contractor in Wetteren. Private Limited, started on 24 April 2017, 1 establishment.
What is the address of HOTAK GROUP?
The registered office of HOTAK GROUP is located at Honderdweg 24, 9230 Wetteren.
Is HOTAK GROUP still active?
Yes. According to the CBE (17 September 2026) HOTAK GROUP is active, legal situation “Normale toestand”, started on 24 April 2017.
Is HOTAK GROUP registered on Peppol?
Yes, HOTAK GROUP is registered on the Peppol network with ID 0208:0674758427.
What is the enterprise number of HOTAK GROUP?
The enterprise number of HOTAK GROUP is BE0674758427.
When was HOTAK GROUP founded?
HOTAK GROUP was founded on 24 April 2017.