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 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HASSOLATE from Alken, company number BE0894049097, closed financial year 2025 with a result of € 20,300 after tax. For that financial year HASSOLATE recorded a gross margin of € 64,866 and equity of € 6,384. Compared with financial year 2024, the result moved from € 13,945 to € 20,300. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 6,384
▲ € 20,300 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,300
▲ 46% vs 2024
Profit after tax over the fiscal year.
€ 34,071
▲ 19% 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 € 184.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 16,054
▼ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,549
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 14,499
▼ 65% vs 2024
€ 5,049 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 14,273
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,893
▲ 188% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 36,640 | € 72,661 | € 54,592 | € 64,866 | ▲ 19% |
| Profit after taxes | € 1,960 | € 40,136 | € 13,945 | € 20,300 | ▲ 46% |
| Equity | € -67,998 | € -27,862 | € -13,916 | € 6,384 | ▲ € 20,300 |
| Total debts | € 184,216 | € 197,832 | € 149,060 | € 127,968 | ▼ 14% |
| Cash | € 25,210 | € 28,348 | € 28,537 | € 34,071 | ▲ 19% |
| Retained profit | € -74,198 | € -34,062 | € -20,116 | € 184 | ▲ € 20,300 |
| Bank debt | € 60,067 | € 63,773 | € 41,790 | € 14,499 | ▼ 65% |
| Balance sheet total | € 116,218 | € 169,970 | € 135,143 | € 134,352 | ▼ 1% |
Key figures of HASSOLATE, 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 HASSOLATE?
What happened at HASSOLATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,300 (▲ 46% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Hasselt. KBO
- Kris JORDENS became a director. NBB
In short
From € 1,960 profit in 2022 to € 20,300 profit in 2025.
Paid € 14,159 in corporate taxes since 2022.
Best year ever: 2023, with € 40,136 profit.
Management
Behind HASSOLATE is Kris JORDENS. Kris JORDENS is also behind NIKRI.
Directors
According to the 2025 annual accounts
since 2007
Establishments
Establishment units
Physical locations of this company
Rechtstraat 5
3570 Alken
Maastrichterstraat 23
3500 Hasselt
Active since 4 December 2007
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0894.049.097
- VAT number
- BE 0894.049.097
- Registered office
- Rechtstraat 5, 3570 Alken
- Names & denominations
- HASSOLATE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 2007
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
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