Parent and group
- HAERENS GLASS92.47%
From the official registers: KBO 49 annual accounts at the National Bank publications in the Belgian Official Gazette
CHARLES HAERENS has been active since 1959 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €186,077. Equity has been stable since 2018 (±2.3% per year). Its solvency ranks better than 65% of 364 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 23, micro). It does better than 62% of them on solvency, 23% on liquidity, 72% on profitability and 74% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 23), the median for financial year 2024 was 10 days before the deadline, and 34% of those companies filed late.
These companies have the same main activity as CHARLES HAERENS: manufacture of other non-metallic mineral products (NACE 23120). They are comparable in size and age: total assets between €350,000 and €14m, founded between 1954 and 1999.
| Company | Total assets | Gross margin |
|---|---|---|
| CHARLES HAERENS Gent | €2.1m | €1.0m |
| SOLITHERM Waregem | €5.5m | €2.9m |
| AGC MIRODAN Kortrijk | €0.6m | - |
| MONSIEUR GLASDESIGN Geraardsbergen | €1.1m | €1.1m |
| HEYLEN - GEERTS Herentals | €14.3m | €3.8m |
| HANIN NAMUR Namur | €1.1m | €0.4m |
| BAEYENS GLASS & INOX Braine-l'Alleud | €0.3m | €0.2m |
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