A. Hartrodt (Belgium)
ActiveSummary
A. Hartrodt (Belgium) has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.50M and a net result of €74k. Equity is growing by ~22.2% per year across the filed fiscal years. Its solvency ranks better than 70% of 652 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▼-4
Solvency82▲+12
Growth68▼-1
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.22 in 2024; short-term debt: 42.3% and cash: 8.8% of total assets), and 42.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.3%
Return on assets
1.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
76 d early
2023
69 d early
2022
84 d early
2021
72 d early
2020
82 d early
2019
44 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€11.77M▲ 1.2%
2024 · €11.63M
2018: €8.60M
2019: €7.28M
2020: €6.82M
2021: €13.94M
2022: €22.63M
2023: €10.15M
2024: €11.63M
2018 → 2025
EBIT margin
-4.7%▼ 2.1pp
2024 · -2.7%
2018: -7.0%
2019: 0.0%
2020: -2.5%
2021: 4.1%
2022: 4.0%
2023: -0.9%
2024: -2.7%
2018 → 2025
Net result
€74k▼ 55.2%
2024 · €164k
2018: €-613k
2019: €-24k
2020: €-188k
2021: €497k
2022: €1.41M
2023: €43k
2024: €164k
2018 → 2025
Working capital
€698k▲ 7.0%
2024 · €652k
2018: €-883k
2019: €-283k
2020: €-477k
2021: €-23k
2022: €673k
2023: €807k
2024: €652k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€13.94M-€22.63M▲ 62.3%€10.15M▼ 55.1%€11.63M▲ 14.5%€11.77M▲ 1.2%
Equity€1.21M-€2.52M▲ 108%€2.56M▲ 1.7%€2.43M▼ 5.2%€2.50M▲ 3.0%
Operating result€575k-€907k▲ 57.9%€-90k€-311k▼ 246%€-558k▼ 79.6%
Net result€497k-€1.41M▲ 184%€43k▼ 97.0%€164k▲ 285%€74k▼ 55.2%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €558k in 2025 against €311k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.37M
Fixed assets
€1.83M ▲ 0.5%
Current assets
€2.55M ▼ 30.0%
Equity and liabilities €4.37M
Equity
€2.50M ▲ 3.0%
Debt
€1.87M ▼ 38.2%
Debt's share of the balance-sheet total falls from 55.4% to 42.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-522k▼
2024 · €-276k
Cash flow
€110k▼
2024 · €199k
Current ratio
1.38▲
2024 · 1.22
Debt to equity
0.75▼
2024 · 1.24
ROE
2.9%▼
2024 · 6.8%
ROA
1.7%▼
2024 · 3.0%
Interest coverage
-358.18▲
2024 · -374.31
Debt ≤ 1 year
€1.85M▼
2024 · €2.98M
Debt > 1 year
€4k▼
2024 · €18k
Income taxes
€937▲
2024 · €589
Staff costs
€1.76M▲
2024 · €1.65M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 82 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.45M€4.37M▼
Fixed assets21/28€1.82M€1.83M▲
Tangible fixed assets22/27€106k€115k▲
Plant, machinery and equipment23€27k€19k▼
Furniture and vehicles24€79k€96k▲
Other tangible fixed assets26€46-
Financial fixed assets28€1.71M€1.71M=
Affiliated companies280/1€1.71M€1.71M=
Participating interests280€1.71M€1.71M=
Other financial fixed assets284/8€202€204▲
Amounts receivable and cash guarantees285/8€202€204▲
Current assets29/58€3.64M€2.55M▼
Amounts receivable after more than one year29€43k€25k▼
Other amounts receivable291€43k€25k▼
Amounts receivable within one year40/41€3.41M€2.13M▼
Trade receivables40€2.51M€1.77M▼
Other amounts receivable41€895k€369k▼
Cash at bank and in hand54/58€183k€383k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€5.45M€4.37M▼
Equity10/15€2.43M€2.50M▲
Contributions10/11€2.25M€2.25M=
Capital10€2.25M€2.25M=
Issued capital100€2.25M€2.25M=
Reserves13€154k€158k▲
Non-distributable reserves130/1€100k€104k▲
Legal reserve130€100k€104k▲
Tax-exempt reserves132€17k€17k=
Distributable reserves133€36k€36k=
Profit (loss) carried forward14€27k€97k▲
Amounts payable17/49€3.02M€1.87M▼
Amounts payable after more than one year17€18k€4k▼
Financial debts170/4€18k€4k▼
Credit institutions173€18k€4k▼
Amounts payable within one year42/48€2.98M€1.85M▼
Current portion of amounts payable after more than one year42€15k€15k=
Trade debts44€2.39M€1.56M▼
Suppliers440/4€2.39M€1.35M▼
Bills of exchange payable441-€213k
Taxes, remuneration and social security45€281k€276k▼
Taxes450/3€59k€62k▲
Remuneration and social security454/9€222k€214k▼
Other amounts payable47/48€297k-
Accrued charges and deferred income492/3€18k€15k▼
Income statement
Code20242025
Operating income70/76A€11.90M€12.05M▲
Turnover70€11.63M€11.77M▲
Other operating income74€269k€286k▲
Non-recurring operating income76A€1k-
Operating charges60/66A€12.21M€12.61M▲
Goods for resale, raw materials and consumables60€9.69M€9.96M▲
Purchases600/8€9.69M€9.96M▲
Services and other goods61€815k€852k▲
Remuneration, social security and pensions62€1.65M€1.76M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€36k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€20k-
Other operating charges640/8€2k€2k▼
Operating profit (loss)9901€-311k€-558k▼
Financial income75/76B€560k€769k▲
Recurring financial income75€560k€670k▲
Income from financial fixed assets750€297k€594k▲
Income from current assets751€50k€17k▼
Other financial income752/9€213k€59k▼
Non-recurring financial income76B-€99k
Financial charges65/66B€84k€136k▲
Recurring financial charges65€84k€37k▼
Debt charges650€737€1k▲
Other financial charges652/9€83k€36k▼
Non-recurring financial charges66B-€99k
Profit (loss) for the period before taxes9903€165k€75k▼
Income taxes67/77€589€937▲
Taxes670/3€589€937▲
Profit (loss) for the period9904€164k€74k▼
Profit (loss) for the period to be appropriated9905€164k€74k▼
Appropriation of the result
Profit (loss) to be appropriated9906€192k€101k▼
Profit (loss) brought forward from the previous period14P€27k€27k=
Transfer from equity791/2€141k-
From reserves792€141k-
Transfer to equity691/2€8k€4k▼
To the legal reserve6920€8k€4k▼
Profit to be distributed694/7€297k-
Return on contributions (dividend)694€297k-
Social balance
Average headcount (FTE)908719.518.3▼
The notes to these accounts (57 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
08-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €1.41M ▲184%
Operating result €907k, net result €1.41M, both a record.
31-12
Financial
Equity above €2MEq €2.52M ▲108%
2 profitable years in a row build equity to €2.52M.
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €497k
Net result €497k after 3 loss-making years.
31-12
Financial
Equity above €1MEq €1.21M ▲55.5%
Equity rises from €778k to €1.21M.
10-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €500kEq €966k
Equity rises from €-210k to €966k.
Show earlier events
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
21 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1983
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Suikerrui 52000 AntwerpenGround area
1,499 m²
Building footprint
112 m²
Volume, LiDAR
2,525 m³
Parcel 11002A2436/00A000, Flanders · tallest building 27.1 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
A. HARTRODT BELGIUM
since 19832.022.833.842
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11002A2436/00A000 | Flanders | 1,499 m² | 1 · 112 m² | 27.1 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 3,190 companies in sector 52250 we hold annual accounts for 1,955. 944 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-08-1983
Fiscal year end31-12
Activities, NACEBEL 2025
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.