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 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HAP ELEKTRO from Torhout, company number BE0839695148, closed financial year 2025 with a result of € 12,762 after tax. For that financial year HAP ELEKTRO recorded a gross margin of € 329,849 and equity of € 200,923. Compared with financial year 2024, the result moved from € -10,231 to € 12,762. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 200,923
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,762
▲ still € 10,231 loss in 2024
Profit after tax over the fiscal year.
€ 11,387
▼ 80% 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 € 155,923.
People and assets in 2025
4
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 231,017
▲ 7% vs 2024
€ 57,800 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.
€ 18,424
▲ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 317,470
▼ 20% vs 2024
€ 40,573 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 112,929
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,421
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 349,836 | € 366,233 | € 279,890 | € 329,849 | ▲ 18% |
| Profit after taxes | € 18,369 | € 21,429 | € -10,231 | € 12,762 | ▲ € 22,994 |
| Equity | € 176,963 | € 198,392 | € 188,160 | € 200,923 | ▲ 7% |
| Total debts | € 759,421 | € 569,448 | € 612,688 | € 506,049 | ▼ 17% |
| Cash | € 35,214 | € 5,198 | € 56,684 | € 11,387 | ▼ 80% |
| Land & buildings | € 343,242 | € 337,658 | € 332,074 | € 326,491 | ▼ 2% |
| Retained profit | € 131,963 | € 153,392 | € 143,160 | € 155,923 | ▲ 9% |
| Bank debt | € 403,230 | € 422,946 | € 396,701 | € 317,470 | ▼ 20% |
| Balance sheet total | € 940,576 | € 771,426 | € 803,688 | € 709,064 | ▼ 12% |
| Employees (FTE) | 5.9 | 4.6 | 3.8 | 4 | ▲ 0.2 |
By gross margin, HAP ELEKTRO ranks 4th of 36 companies with main activity “Algemene elektrotechnische installatiewerken” in Torhout that publish figures (fiscal year 2025).
Key figures of HAP ELEKTRO, 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.
Ask about HAP ELEKTRO the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to HAP ELEKTRO?
What happened at HAP ELEKTRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,762. filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Torhout. KBO
In short
From € 18,369 profit in 2022 to € 12,762 profit in 2025.
Paid € 21,569 in corporate taxes since 2022.
Best year ever: 2023, with € 21,429 profit.
On average € 82,500 of value added per employee in 2025.
Management
Behind HAP ELEKTRO are Kristof Hap and Jean-Pierre Hap.
Directors
According to the 2025 annual accounts
Kristof Hap
Director
Jean-Pierre Hap
Director
Establishments
Establishment units
Physical locations of this company
Zwevezelestraat 35
8820 Torhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Torhout
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Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
Website info
Features
Security
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- HAP, Jean-Pierre François Marie Gustave(oprichter) 40%
- ROGIERS, Rita Emma(oprichter) 40%
- HAP, Kristof Gerard Marianne(oprichter) 20%
Details
- Company number
- 0839.695.148
- VAT number
- BE 0839.695.148
- Registered office
- Zwevezelestraat 35, 8820 Torhout
- Names & denominations
- HAP ELEKTRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 September 2011
- Peppol
- Active · Active since 7 Nov 2025
- Contact
- hapelektro.be
- Activities · NACE
Algemene elektrotechnische installatiewerken