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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Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
HAZGO from Machelen (Brab.), company number BE0810284451, closed financial year 2025 with a result of € 2.1 million after tax. For that financial year HAZGO recorded revenue of € 14.2 million and equity of € 736,390. Compared with financial year 2024, the result moved from € 1.6 million to € 2.1 million. Profitable, and profit is growing. The buffer shrank hard: equity is 81 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 4, 2026.
€ 736,390
▼ 81% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.1 million
▲ 32% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5.5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
31.7
▲ 3.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.5 million
▲ 18% vs 2024
€ 79,400 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.
€ 146,379
▼ 23% vs 2024
Of which on lease € 29,813.
Debts at end 2025
€ 37,667
▼ 60% vs 2024
€ 25,281 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 1.9 million
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 76 days on average.
€ 661,604
▲ 23% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 14,248,372 | |
| Gross margin | € 2,576,066 | € 3,385,497 | € 4,727,823 | - | |
| Profit after taxes | € 629,256 | € 758,308 | € 1,561,246 | € 2,058,635 | ▲ 32% |
| Equity | € 1,468,807 | € 2,227,114 | € 3,788,360 | € 736,390 | ▼ 81% |
| Total debts | € 3,648,003 | € 1,665,002 | € 2,117,188 | € 8,056,030 | ▲ 281% |
| Cash | € 1,478,312 | € 151,713 | € 2,683,353 | € 1,525,910 | ▼ 43% |
| Retained profit | € 1,448,807 | € 2,207,114 | € 3,768,360 | € 654,390 | ▼ 83% |
| Dividend | € 1,000,000 | € 0 | € 0 | € 5,500,000 | |
| Bank debt | € 139,320 | € 118,315 | € 94,743 | € 37,667 | ▼ 60% |
| Balance sheet total | € 5,116,810 | € 3,892,116 | € 5,905,548 | € 8,792,421 | ▲ 49% |
| Employees (FTE) | 23.7 | 27 | 28.5 | 31.7 | ▲ 3.2 |
Key figures of HAZGO, 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 HAZGO?
What happened at HAZGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kristof Van den Elsen stepped down as director. NBB
- Johan Pype stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- Richard Oostrom stepped down as director. NBB
- Kristof Van den Elsen became a director. NBB
- New establishment in Zaventem. KBO
- Richard Oostrom became a director. NBB
- Johan Pype became a director. NBB
In short
From € 629,256 profit in 2022 to € 2.1 million profit in 2025.
Paid € 1.7 million in corporate taxes since 2022.
Best year ever: 2025, with € 2.1 million profit.
On average € 165,900 of value added per employee in 2024.
A new publication or filing at HAZGO? We notify you, reason included.
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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
The shares are held by SGS BELGIUM NV (100%).
Directors
According to the 2025 annual accounts
Richard Oostrom
Director
Also active at: SGS BELGIUM, EXPRESS SOLUTIONS, SGS MACO CUSTOMS SERVICE BELGIUM
since 2024 · until 2026
since 2026 · until 2029
Johan Pype
Director
Also active at: SGS BELGIUM, SGS Statutory Services Belgium, SGS Lab Simon, SGS Emergency, Waste & Chemical Services, EXPRESS SOLUTIONS, SGS MACO CUSTOMS SERVICE BELGIUM
since 2024 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bedrijvenzone Machelen-Cargo 719
1830 Machelen (Brab.)
Machelen-Cargo (Brucargo) 729 box 3
1931 Zaventem
Active since 27 October 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Outlook.com (free)
Hosting
HOASTED, NL
DNS
Cloudflare DNS
Domain
Domain
hazgo.com
Registered
2008-08-13
Registrar
Hosting Concepts B.V. d/b/a Registrar.eu
Expires
2026-08-13
Website info
Features
Security
Details
- Company number
- 0810.284.451
- VAT number
- BE 0810.284.451
- Registered office
- Bedrijvenzone Machelen-Cargo 719, 1830 Machelen (Brab.)
- Names & denominations
- HAZGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 2009
- Peppol
- Active · Active since 4 Aug 2025
- Contact
- hazgo.com
- Activities · NACE
Logistieke diensten
Overige zakelijke dienstverlening, neg
Overige vervoerondersteunende activiteiten
Activiteiten van verpakkingsbedrijven
Overige posterijen en koeriers