D’Haen
ActiveD’Haen has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €242k and a net result of €107k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 79% of 3096 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
93
/ 100
Excellent▲ +28 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+63
Growth52▲+20
Stability94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 3.48 against 1.05 in 2024), and 31.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
68.7%
Return on assets
30.4%
Age of the figures
8 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 01-07-2026, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
30 d early
2024
28 d early
2023
23 d early
2022
33 d early
← before the deadline
after the deadline →
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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€242k▲ 79.3%
2024 · €135k
2022: €155k
2023: €289k
2024: €135k
2022 → 2025
Total assets
€353k▼ 36.8%
2024 · €558k
2022: €284k
2023: €433k
2024: €558k
2022 → 2025
Net result
€107k▼ 17.6%
2024 · €130k
2022: €150k
2023: €134k
2024: €130k
2022 → 2025
Working capital
€128k▲ 647%
2024 · €17k
2022: €86k
2023: €206k
2024: €17k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€155k-€289k▲ 86.3%€135k▼ 53.2%€242k▲ 79.3%
Operating result€182k-€181k▼ 0.5%€177k▼ 2.4%€144k▼ 18.4%
Net result€150k-€134k▼ 10.8%€130k▼ 2.7%€107k▼ 17.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 18% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €353k
Fixed assets
€173k▼ 9.9%
Current assets
€180k▼ 50.9%
Equity and liabilities €353k
Equity
€242k▲ 79.3%
Debt
€110k▼ 73.9%
The debt ratio falls from 75.8% to 31.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€165k▼
2024 · €197k
Cash flow
€129k▼
2024 · €151k
Solvency
68.7%▲
2024 · 24.2%
Current ratio
3.48▲
2024 · 1.05
Quick ratio
3.48▲
2024 · 1.05
Debt / equity
0.46▼
2024 · 3.13
ROE
44.2%▼
2024 · 96.3%
ROA
30.4%▲
2024 · 23.3%
Interest coverage
43.71▲
2024 · 34.07
Debt
€110k▼
2024 · €422k
Debt ≤ 1 year
€52k▼
2024 · €348k
Debt > 1 year
€59k▼
2024 · €74k
Income taxes
€36k▼
2024 · €46k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€558k€353k▼
Fixed assets21/28€192k€173k▼
Tangible fixed assets22/27€192k€173k▼
Land and buildings22€143k€134k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€49k€37k▼
Current assets29/58€365k€180k▼
Amounts receivable within one year40/41€70k€67k▼
Trade receivables40€70k€67k▼
Other amounts receivable41-€1
Current investments50/53€200k€60k▼
Cash at bank and in hand54/58€95k€52k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€558k€353k▼
Equity10/15€135k€242k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€130k€237k▲
Amounts payable17/49€422k€110k▼
Amounts payable after more than one year17€74k€59k▼
Financial debts170/4€74k€59k▼
Amounts payable within one year42/48€348k€52k▼
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44€133€1k▲
Suppliers440/4€133€1k▲
Taxes, remuneration and social security45€70k€13k▼
Taxes450/3€70k€13k▼
Other amounts payable47/48€263k€22k▼
Income statement
Code20242025
Non-recurring operating income76A-€842
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4k
Other operating charges640/8€2k€2k▲
Gross operating margin9900€199k€171k▼
Operating profit (loss)9901€177k€144k▼
Financial income75/76B€5k€3k▼
Recurring financial income75€5k€3k▼
Financial charges65/66B€6k€4k▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€176k€143k▼
Income taxes67/77€46k€36k▼
Profit (loss) for the period9904€130k€107k▼
Profit (loss) for the period to be appropriated9905€130k€107k▼
Appropriation of the result
Profit (loss) to be appropriated9906€414k€237k▼
Profit (loss) brought forward from the previous period14P€284k€130k▼
Profit to be distributed694/7€284k-
Return on contributions (dividend)694€284k-
The notes to these accounts (6 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €107k ▼17.6%
Net result drops to €107k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 3.48
Current ratio from 1.05 to 3.48; short-term debt falls from €348k to €52k.
31-12
Financial
Equity above €200kEq €242k ▲79.3%
4 profitable years in a row build equity to €242k.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €289k ▲86.3%
2 profitable years in a row build equity to €289k.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Turnhout · 1 establishment unit since 2021
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.
Kapelweg 1472300 TurnhoutGround area
1,461 m²
Building footprint
137 m²
Volume, LiDAR
850 m³
Parcel 13452M0386/00T000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
D’Haen
since 20212.325.300.232
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13452M0386/00T000 | Flanders | 1,461 m² | 1 · 137 m² | 10.2 m · 2 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.
Similar companies · same sector, comparable size
BURHAGRI
BE 0464.263.675
La Roche-en-Ardenne · Eq €242k
DDD
BE 0872.935.662
Deinze · Eq €243k
Ferme Lambié
BE 0799.617.421
Burdinne · Eq €243k
JOFRAS
BE 0439.674.967
Chimay · Eq €244k
CALLENS
BE 0812.326.795
Torhout · Eq €244k
Of 20,586 companies in sector 01500 we hold annual accounts for 1,144. 931 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-12-2021
Fiscal year end31-12
Activities, NACEBEL
01500Mixed farming
01110Growing of cereals (except rice), leguminous crops and oil seeds
01130Growing of vegetables, melons, roots and tubers
70200Business and other management consultancy
70220Business consulting
77310Rental and leasing activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.