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 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Hang Eleven from Hasselt, company number BE0754743835, closed financial year 2025 with a result of € 95,865 after tax. For that financial year Hang Eleven recorded a gross margin of € 161,927 and equity of € 147,840. Compared with financial year 2024, the result moved from € 95,560 to € 95,865. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.
€ 147,840
▼ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 95,865
Profit after tax over the fiscal year.
€ 6,601
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 235,294 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 2,586
▼ 62% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 281,090
▼ 13% vs 2024
€ 41,239 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 12,213
▲ 150% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,389
▼ 1% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 111,625 | € 131,021 | € 157,580 | € 161,927 | ▲ 3% |
| Profit after taxes | € 68,660 | € 76,567 | € 95,560 | € 95,865 | |
| Equity | € 115,142 | € 191,709 | € 287,269 | € 147,840 | ▼ 49% |
| Total debts | € 440,919 | € 423,755 | € 371,322 | € 542,425 | ▲ 46% |
| Cash | € 83,348 | € 132,282 | € 199,783 | € 6,601 | ▼ 97% |
| Land & buildings | € 453,231 | € 441,713 | € 422,846 | € 640,591 | ▲ 51% |
| Retained profit | € 112,142 | € 188,709 | € 284,269 | € 144,840 | ▼ 49% |
| Dividend | € 0 | € 0 | € 0 | € 235,294 | |
| Bank debt | € 365,661 | € 361,483 | € 321,630 | € 281,090 | ▼ 13% |
| Balance sheet total | € 556,062 | € 615,464 | € 658,591 | € 690,265 | ▲ 5% |
Key figures of Hang Eleven, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Hang Eleven?
What happened at Hang Eleven in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 95,865. Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 68,660 profit in 2022 to € 95,865 profit in 2025.
Paid € 92,061 in corporate taxes since 2022.
Best year ever: 2025, with € 95,865 profit.
Paid out € 235,294 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Hang Eleven is Lieven Droogmans. Lieven Droogmans is also behind Atmire.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Joris van Oostenrijkstraat 54
3511 Hasselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0754.743.835
- VAT number
- BE 0754.743.835
- Registered office
- Joris van Oostenrijkstraat 54, 3511 Hasselt
- Names & denominations
- Hang Eleven
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 September 2020
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
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