GARI HARI

Active

Private limited companyfounded 201511 yrs activeBredabaan 290, 2930 Brasschaat, BelgiumKBO/BCE: BE 0633.839.966

The computed 12-month bankruptcy probability of GARI HARI is 1.9% (moderate). The 2024 annual accounts show equity of €43k and a net result of €4k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 35% of 18936 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

31 / 100

Weak▼ -25 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability48▼-52

Solvency9=

Growth52▼-26

Stability100

Bankruptcy probability, 12 months

1.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days only on tighter terms

Liquidity short (current ratio 0.56 against 0.63 in 2023), and 88.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

11.3%

Return on assets

1.1%

Age of the figures

20 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 9 filings

Deviation from the deadline

2025

not confirmed

2024

26 d late

2023

69 d late

2022

4 d early

2021

2 d early

2020

1 d early

2019

17 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€43k▲ 10.7%

2023 · €39k

2018: €34k 2019: €20k 2020: €20k 2021: €20k 2022: €21k 2023: €39k

2018 → 2024

Total assets

€377k▼ 4.9%

2023 · €396k

2018: €45k 2019: €59k 2020: €428k 2021: €481k 2022: €406k 2023: €396k

2018 → 2024

Net result

€4k▼ 76.3%

2023 · €17k

2018: €5k 2019: €6k 2020: €59k 2021: €72k 2022: €675 2023: €17k

2018 → 2024

Working capital

€-51k▼ 14.5%

2023 · €-45k

2018: €23k 2019: €13k 2020: €-32k 2021: €-41k 2022: €-52k 2023: €-45k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€20k-€20k=€21k▲ 3.3%€39k▲ 82.3%€43k▲ 10.7%

Operating result€81k-€109k▲ 34.7%€13k▼ 87.8%€35k▲ 167%€17k▼ 51.6%

Net result€59k-€72k▲ 23.5%€675▼ 99.1%€17k▲ 2,478%€4k▼ 76.3%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 52% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €377k

82.4%

17.6%

Fixed assets €311k▼ 2.7%

Current assets €66k▼ 13.7%

Equity and liabilities €377k

11%

88.7%

Equity €43k▲ 10.7%

Debt €334k▼ 6.5%

The debt ratio falls from 90.3% to 88.7%: equity grows while debt is paid down.

Key figures and ratios

2024 value · change against 2023

EBITDA

€26k▼

2023 · €44k

Cash flow

€13k▼

2023 · €26k

Solvency

11.3%▲

2023 · 9.7%

Current ratio

0.56▼

2023 · 0.63

Quick ratio

0.53▼

2023 · 0.62

Debt / equity

7.84▼

2023 · 9.29

ROE

9.7%▼

2023 · 45.2%

ROA

1.1%▼

2023 · 4.4%

Interest coverage

2.41▼

2023 · 4.43

Debt

€334k▼

2023 · €358k

Debt ≤ 1 year

€118k▼

2023 · €122k

Debt > 1 year

€217k▼

2023 · €236k

Income taxes

€2k▼

2023 · €8k

Staff costs

€78k▼

2023 · €80k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€396k€377k▼

Fixed assets21/28€320k€311k▼

Tangible fixed assets22/27€312k€303k▼

Land and buildings22€311k€303k▼

Furniture and vehicles24€550€0▼

Financial fixed assets28€8k€8k=

Current assets29/58€77k€66k▼

Stocks and contracts in progress3€1k€4k▲

Stocks30/36€1k€4k▲

Amounts receivable within one year40/41€32k€3k▼

Trade receivables40€28k€0▼

Other amounts receivable41€3k€3k=

Cash at bank and in hand54/58€42k€59k▲

Deferred charges and accrued income490/1€1k€0▼

Equity and liabilities

Total equity and liabilities10/49€396k€377k▼

Equity10/15€39k€43k▲

Contributions10/11€19k€19k=

Reserves13€20k€24k▲

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€18k€22k▲

Amounts payable17/49€358k€334k▼

Amounts payable after more than one year17€236k€217k▼

Financial debts170/4€236k€217k▼

Amounts payable within one year42/48€122k€118k▼

Current portion of amounts payable after more than one year42€20k€21k▲

Trade debts44€33k€26k▼

Suppliers440/4€33k€26k▼

Taxes, remuneration and social security45€31k€35k▲

Taxes450/3€23k€13k▼

Remuneration and social security454/9€8k€21k▲

Other amounts payable47/48€37k€36k▼

Income statement Code20232024

Remuneration, social security and pensions62€80k€78k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼

Other operating charges640/8€6k€4k▼

Gross operating margin9900€130k€108k▼

Operating profit (loss)9901€35k€17k▼

Financial income75/76B€49€0▼

Recurring financial income75€49€0▼

Financial charges65/66B€10k€11k▲

Recurring financial charges65€10k€11k▲

Profit (loss) for the period before taxes9903€25k€6k▼

Income taxes67/77€8k€2k▼

Profit (loss) for the period9904€17k€4k▼

Profit (loss) for the period to be appropriated9905€17k€4k▼

Appropriation of the result

Profit (loss) to be appropriated9906€17k€4k▼

Transfer to equity691/2€17k€4k▼

To other reserves6921€17k€4k▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 11Financial 2Filings 9

2025

26-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 26 days late

2024

08-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 69 days late

2023

27-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Weakest financial yearnet €675 ▼99.1%

Net result drops to €675, the lowest in the series; recovery starts the following year.

29-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Highest result since 2018net €72k ▲23.5%

Operating result €109k, net result €72k, both a record.

30-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

14-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

19-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

14-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 14 days late

2017

04-07

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Brasschaat · 1 establishment unit since 2015

establishment The establishment unit on the map

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.

Bredabaan 2902930 Brasschaat

Ground area

234 m²

Building footprint

156 m²

Volume, LiDAR

1,230 m³

Parcel 11324D0767/00F007, Flanders · tallest building 17.4 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

GARI HARI

Bredabaan 290, 2930 BrasschaatFood and beverage service activities

since 20152.247.579.278

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11324D0767/00F007	Flanders	234 m²	1 · 156 m²	17.4 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Brasschaat2.247.579.278

1 permission

Toelating · Eetgelegenheid · since 01-03-2019

Similar companies · same sector, comparable size

MADOCK

BE 0773.758.607

Destelbergen · Eq €43k

Of 20,232 companies in sector 56111 we hold annual accounts for 11,312. 9,637 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded14-07-2015

Fiscal year end31-12

Activities, NACEBEL

56101Full-service restaurants

56102Limited-service restaurants

56111Full-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.