Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
HM TECH from Gent, company number BE0775854401, closed financial year 2024 with a result of € 85,269 after tax. For that financial year HM TECH recorded a gross margin of € 539,746 and equity of € 445,971. Compared with financial year 2023, the result moved from € 277,685 to € 85,269. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 5, 2026.
€ 445,971
▲ 24% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 85,269
▼ 69% vs 2023
Profit after tax over the fiscal year.
€ 28
▼ € 42,044 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 442,971.
People and assets in 2024
€ 309,873
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 195,409
▼ 26% vs 2023
Of which on lease € 182,153.
Debts at end 2024
€ 127,466
▼ 34% vs 2023
€ 68,541 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 379,472
▼ 37% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 149,538
▲ 43% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | € 494,044 | - | - | |
| Gross margin | € 124,979 | € 472,858 | € 539,746 | ▲ 14% |
| Profit after taxes | € 80,017 | € 277,685 | € 85,269 | ▼ 69% |
| Equity | € 83,017 | € 360,702 | € 445,971 | ▲ 24% |
| Total debts | € 342,948 | € 977,993 | € 749,876 | ▼ 23% |
| Cash | € 118,885 | € 42,072 | € 28 | ▼ € 42,044 |
| Retained profit | € 80,017 | € 357,702 | € 442,971 | ▲ 24% |
| Bank debt | € 129,416 | € 192,090 | € 127,466 | ▼ 34% |
| Balance sheet total | € 425,965 | € 1,338,695 | € 1,195,847 | ▼ 11% |
Key figures of HM TECH, fiscal years 2022 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 HM TECH?
What happened at HM TECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
HM TECH is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 85,269 (▼ 69% vs 2023). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 80,017 profit in 2022 to € 85,269 profit in 2024.
Paid € 153,425 in corporate taxes since 2022.
Best year ever: 2023, with € 277,685 profit.
Management
Behind HM TECH is Mevlüt Akbayir.
Directors
According to the 2024 annual accounts
Mevlüt Akbayir
Director
Establishments
Establishment units
Physical locations of this company
Sasstraat 31
9050 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0775.854.401
- VAT number
- BE 0775.854.401
- Registered office
- Sasstraat 31, 9050 Gent
- Names & denominations
- HM TECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 18 October 2021
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