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 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HATTY BELGIUM from Brussel, company number BE0821987502, closed financial year 2025 with a result of € 326,890 after tax. For that financial year HATTY BELGIUM recorded a gross margin of € 934,854 and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 256,225 to € 326,890. Profitable, and profit is growing. 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 August 24, 2026.
€ 2.4 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 326,890
▲ 28% vs 2024
Profit after tax over the fiscal year.
€ 158,824
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 204,400 paid out
63 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1.3
▼ 4.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 70,813
▼ 70% vs 2024
€ 54,500 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.
€ 25,373
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3 million
▲ 99% vs 2024
€ 150,749 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.
€ 3,390
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 105,744
▲ 215% 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 | € 678,869 | € 1,030,657 | € 739,039 | € 934,854 | ▲ 26% |
| Profit after taxes | € 651,794 | € 489,430 | € 256,225 | € 326,890 | ▲ 28% |
| Equity | € 1,825,425 | € 2,104,155 | € 2,293,381 | € 2,415,871 | ▲ 5% |
| Total debts | € 3,833,924 | € 3,431,197 | € 3,050,617 | € 3,817,045 | ▲ 25% |
| Cash | € 412,002 | € 718,014 | € 305,935 | € 158,824 | ▼ 48% |
| Land & buildings | € 3,452,886 | € 3,449,789 | € 3,140,682 | € 5,267,110 | ▲ 68% |
| Retained profit | € 1,725,425 | € 2,004,155 | € 2,193,381 | € 2,315,871 | ▲ 6% |
| Dividend | € 0 | € 210,700 | € 67,000 | € 204,400 | ▲ 205% |
| Bank debt | € 2,124,702 | € 1,875,947 | € 1,502,605 | € 2,991,775 | ▲ 99% |
| Balance sheet total | € 5,659,349 | € 5,535,353 | € 5,343,998 | € 6,232,915 | ▲ 17% |
| Employees (FTE) | 1.8 | 3.1 | 5.5 | 1.3 | ▼ 4.2 |
Key figures of HATTY BELGIUM, 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 HATTY BELGIUM?
What happened at HATTY BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 326,890 (▲ 28% vs 2024). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- New establishment in Brussel. KBO
- New establishment in Ternat. KBO
- New establishment in Brussel. KBO
- Laurent Badenberg became a director. NBB
- Ivan Pelicaen became a director. NBB
- HONGXIA ZHANG became a director. NBB
In short
From € 651,794 profit in 2022 to € 326,890 profit in 2025.
Paid € 575,306 in corporate taxes since 2022.
Best year ever: 2022, with € 651,794 profit.
On average € 719,100 of value added per employee in 2025.
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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 HATTY BELGIUM are Frederic Pelicaen, Laurent Badenberg, HONGXIA ZHANG and Ivan Pelicaen. It owns 100% of BELGIAN CO itself.
Directors
According to the 2025 annual accounts
since 2010
since 2015
HONGXIA ZHANG
Director
since 2014
Ivan Pelicaen
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Bergstraat 52
1000 Brussel
Guldenhoofdstraat 5
1000 Brussel
Active since 7 December 2019
Heirbaan 16
1740 Ternat
Active since 1 November 2021
Grasmarkt 110
1000 Brussel
Active since 4 December 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Details
- Company number
- 0821.987.502
- VAT number
- BE 0821.987.502
- Registered office
- Bergstraat 52, 1000 Brussel
- Names & denominations
- HATTY BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 January 2010
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)