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D'HAENE FRERES

Active Public limited companyfounded 1994active for 32 yearsRue de Bailleul (R-C) 20, 7520 TournaiKBO/BCE: BE 0453.483.710 #8 company by equity in Tournai, Agriculture, forestry and fishing sector

Lifetime

20 annual accounts with figures on one time axis, 31 filings since 1996
peak €405,277 (2026)
€405,277▲ 27.8%
lowest -€89,394 (2014)
€113,173▲ 617%
peak €450,299 (2026)
€450,299▲ 33.3%
€248,833▼ 50.8%
peak 4 FTE (2008)
-not published
Board2 names since 2022
2 directorsJacques D’HAENE and 1 other
Documentsfilings and deeds
21-09-202640 days before the deadline
2026abbreviated format
Gross margin from €317,098 to €405,277Result from €15,779 to €113,173Equity from €337,835 to €450,299Debts from €505,454 to €248,833Cash from €171,777 to €88,273

Key points

from the 2026 annual accounts

Result

€113,173 ▲ 617%
€15,8002025€113,0002026

The result rose in 2026 from €15,779 to €113,173.

Turnover

≈ €1.0m estimated

The accounts state no turnover.

Filings

31 annual accounts since 1996
deadline200020102020

The last five annual accounts were filed 25 to 56 days before the end of the period.

Checked score

97
Excellent
Financially stronger than 78% of micro companies in crop and animal production (NACE 01)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 5,692 companies (NACE 01, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: 0.1%▲ +0.1 percentage points vs 09-2025highest value 11-2025: < 0.1%▼ -0.1 percentage points vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

89+24equity 64.4% of total assets
62+1short-term debt 16.4% · cash 12.6%
89+18return on assets 16.2%

Score breakdown

lowers risk
Size: total assets €699,132
Figures for financial year 2026 (filed on 23-09-2026)
Liquidity: current ratio 1.11, cash €88,273
Equity €450,299 (64.4% of total assets)
Calculation

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 01, micro). It does better than 75% of them on solvency, 71% on liquidity, 87% on profitability and 81% on growth.

The bankruptcy probability was computed on 05-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-03-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as D'HAENE FRERES has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of D'HAENE FRERES itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for D'HAENE FRERES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €40,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.11 (0.86 in 2025), below the usual 1.5. Short-term debt is 16.4% and cash 12.6% of total assets. 35.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Size: total assets €699,132
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2026 (filed on 23-09-2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.11, cash €88,273
NBB · annual accounts
lowers risk · Equity €450,299 (64.4% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 21-09-2026, 40 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
40 days early
2025
25 days early
2024
50 days early
2023
40 days early
2022
56 days early
2021
40 days early
2020
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 41 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 21 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
06-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

JD
Director
PD
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0453483710
Appointments: Jacques D’HAENE (director) and Pierre D’HAENE (director) “activités de conseil” (deed in French) · General meeting of 17-09-2024 · Gazette deed
First establishment Rue de Bailleul (R-C) 20, Tournai
Incorporation published on 25-10-1994 · Gazette deed
All 40 events

Comparable companies

same main activity, similar in size and age
Company
D'HAENE FRERES Tournai €699,132 €405,277 64.4% -
CUMA DE LA GRAVIERE Courcelles €722,509 €244,106 41.2% -
HUYBRECHTS Kasterlee €911,500 €468,571 43.4% 6.5
SANTY Zonnebeke €943,359 €373,670 20.3% -
EMIEL CORNELIS Berlaar €628,664 €294,937 2.1% -
D.L.A. Gembloux €845,509 €267,801 3.9% -
FERNAGRI Fernelmont €983,101 €329,991 44.4% -

These companies have the same main activity as D'HAENE FRERES: support activities for crop production (NACE 01610). They are comparable in size and age: total assets between €629,000 and €983,000, founded between 1989 and 1999.

Official details

Source: KBO
Status
Active since 07-10-1994Normal situation
Activity
Support activities for crop productionNACE 01610
Establishment unit
2.068.630.8097520 Tournai, since 18-10-1994
Financial year end
31 March
Peppol
Reachable since 22-12-2025
Company details

Annual accounts to 31-03-2026

€699,132▼ 17.1%
Employeeson 31-03-2026
1=
Filing
Filed on 21-09-2026, 40 days before the end of the filing period
Financials

Insights on D'HAENE FRERES

D'HAENE FRERES files the abbreviated format. That format states no turnover. The gross margin rose from €264,154 in 2007 to €405,277 in 2026.

The balance sheet grew most in 2012 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about D'HAENE FRERES

What is the company number of D'HAENE FRERES?
The company number of D'HAENE FRERES is 0453.483.710. The VAT number is the same number with BE in front: BE 0453.483.710.
Where is D'HAENE FRERES based?
The registered office is at Rue de Bailleul (R-C) 20, 7520 Tournai.Company details
What does D'HAENE FRERES do?
According to the KBO register, the main activity is support activities for crop production (NACE 01610).
What is the legal form of D'HAENE FRERES?
D'HAENE FRERES is a public limited company (NV).
When was D'HAENE FRERES founded?
D'HAENE FRERES was founded on 07-10-1994.
Is D'HAENE FRERES still active?
Yes, D'HAENE FRERES is an active enterprise in the KBO register.
How many employees does D'HAENE FRERES have?
D'HAENE FRERES had an average of 1 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of D'HAENE FRERES?
The turnover in financial year 2026 is ≈ €1.0m. This figure is estimated from the gross margin of €405,277 and 39 comparable companies (NACE 01). It probably lies between €750,000 and €1.2m.
Is D'HAENE FRERES profitable?
In financial year 2026, D'HAENE FRERES made a profit of €113,173.
Where can I find the annual accounts of D'HAENE FRERES?
D'HAENE FRERES filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of D'HAENE FRERES due?
D'HAENE FRERES must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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