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 2 of the last 4 fiscal years.
Financials
Financial year 2025
HARGOTECH from Genappe, company number BE0764955262, closed financial year 2025 with a result of € 1,414 after tax. For that financial year HARGOTECH recorded a gross margin of € 3,166 and equity of € -1,019. Compared with financial year 2024, the result moved from € -5,065 to € 1,414. Profitable, and profit is growing. 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 30, 2025.
€ -1,019
▲ € 1,414 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,414
▲ still € 5,065 loss in 2024
Profit after tax over the fiscal year.
€ 9,312
▲ € 7,277 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -7,019.
Debts at end 2025
€ 12,242
▼ 36% vs 2024
€ 6,973 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 241
▼ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,017 | € 24,386 | € -1,562 | € 3,166 | ▲ € 4,728 |
| Profit after taxes | € -225 | € 15,545 | € -5,065 | € 1,414 | ▲ € 6,480 |
| Equity | € 5,775 | € 21,320 | € -2,434 | € -1,019 | ▲ € 1,414 |
| Total debts | € 71,584 | € 31,506 | € 21,327 | € 12,483 | ▼ 41% |
| Cash | € 58,411 | € 5,228 | € 2,035 | € 9,312 | ▲ € 7,277 |
| Retained profit | € -225 | € 15,320 | € -8,434 | € -7,019 | ▲ € 1,414 |
| Bank debt | € 32,863 | € 26,012 | € 19,156 | € 12,242 | ▼ 36% |
| Balance sheet total | € 77,359 | € 52,825 | € 18,894 | € 11,464 | ▼ 39% |
Key figures of HARGOTECH, 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 October 2026.
What happened to HARGOTECH?
What happened at HARGOTECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,414. Source: NBB ↗
- New establishment in Genappe. KBO
- LIONEL HARPIGNY became a director. NBB
- VINCENT GOEIS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 225 loss in 2022 to € 1,414 profit in 2025.
Paid € 5,107 in corporate taxes since 2022.
Best year ever: 2023, with € 15,545 profit.
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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 HARGOTECH are LIONEL HARPIGNY and VINCENT GOEIS.
Directors
According to the 2025 annual accounts
LIONEL HARPIGNY
Director
since 2021
VINCENT GOEIS
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Rue Emile Marcq 22
1474 Genappe
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0764.955.262
- VAT number
- BE 0764.955.262
- Registered office
- Rue Emile Marcq 22, 1474 Genappe
- Names & denominations
- HARGOTECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 March 2021
- Peppol
- Active · Active since 4 Jan 2026
- Activities · NACE
Groothandel in machines, werktuigen en toebehoren voor de landbouw
Groothandel in gereedschapswerktuigen