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HA.AS

Active
Private limited companyfounded 20196 yrs activePullewouwe 122, 1730 Asse, BelgiumKBO/BCE: BE 0739.576.993

HA.AS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62k and a net result of €21k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 9417 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
65 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-6
Solvency58▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 0.83 in 2024; short-term debt: 52.2% and cash: 2.2% of total assets), and 66.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
33.5%
Return on assets
11.2%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year €62k
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 24-07-2026, 7 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
7 d early
2024
6 d early
2023
29 d early
2022
29 d early
2021
78 d late
2020
21 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 months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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 2025, micro schema

Equity
€62k▲ 50.3%
2024 · €41k
2020: €8k 2021: €8k 2022: €4k 2023: €13k 2024: €41k
2020 → 2025
Total assets
€186k▲ 4.9%
2024 · €177k
2020: €57k 2021: €52k 2022: €56k 2023: €89k 2024: €177k
2020 → 2025
Net result
€21k▼ 29.1%
2024 · €29k
2020: €15k 2021: €53 2022: €-3k 2023: €8k 2024: €29k
2020 → 2025
Working capital
€38k
2024 · €-23k
2020: €-8k 2021: €-8k 2022: €-16k 2023: €-6k 2024: €-23k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€8k-€4k▼ 41.4%€13k▲ 185%€41k▲ 225%€62k▲ 50.3%
Operating result€3k-€-596€16k€43k▲ 173%€26k▼ 39.9%
Net result€53-€-3k€8k€29k▲ 255%€21k▼ 29.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2021: €3k€3kNet result 2021: €53€53Operating result 2022: €-596€-596Net result 2022: €-3k€-3kOperating result 2023: €16k€16kNet result 2023: €8k€8kOperating result 2024: €43k€43kNet result 2024: €29k€29kOperating result 2025: €26k€26kNet result 2025: €21k€21k20212022202320242025
The operating result falls in 2025; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €186k
Fixed assets €51k▼ 21.5%
Current assets €135k▲ 19.9%
Equity and liabilities €186k
Equity €62k▲ 50.3%
Debt €124k▼ 9.0%
The debt ratio falls from 76.7% to 66.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€40k
2024 · €53k
Cash flow
€35k
2024 · €40k
Solvency
33.5%
2024 · 23.3%
Current ratio
1.39
2024 · 0.83
Quick ratio
1.39
2024 · 0.83
Debt / equity
1.99
2024 · 3.29
ROE
33.5%
2024 · 71.0%
ROA
11.2%
2024 · 16.6%
Interest coverage
16.44
2024 · 50.57
Debt
€124k
2024 · €136k
Debt ≤ 1 year
€97k
2024 · €136k
Debt > 1 year
€27k
2024 · €0
Income taxes
€7k
2024 · €14k
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€177k€186k
Fixed assets21/28€64k€51k
Tangible fixed assets22/27€64k€51k
Plant, machinery and equipment23€4k€7k
Furniture and vehicles24€60k€43k
Financial fixed assets28€450€0
Current assets29/58€113k€135k
Amounts receivable within one year40/41€97k€129k
Trade receivables40€50k€76k
Other amounts receivable41€47k€54k
Cash at bank and in hand54/58€13k€4k
Deferred charges and accrued income490/1€3k€2k
Equity and liabilities
Total equity and liabilities10/49€177k€186k
Equity10/15€41k€62k
Contributions10/11€3k€3k=
Reserves13€38k€59k
Distributable reserves133€38k€59k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€136k€124k
Amounts payable after more than one year17€0€27k
Financial debts170/4€0€27k
Amounts payable within one year42/48€136k€97k
Current portion of amounts payable after more than one year42€610€12k
Trade debts44€86k€47k
Suppliers440/4€86k€47k
Advances received on contracts in progress46€34k€18k
Taxes, remuneration and social security45€15k€21k
Taxes450/3€15k€21k
Other amounts payable47/48€750€0
Accrued charges and deferred income492/3€38€0
Income statement Code20242025
Non-recurring operating income76A-€9k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€14k
Other operating charges640/8€1k€2k
Gross operating margin9900€55k€41k
Operating profit (loss)9901€43k€26k
Financial income75/76B€2k€5k
Recurring financial income75€2k€5k
Financial charges65/66B€1k€2k
Recurring financial charges65€1k€2k
Profit (loss) for the period before taxes9903€44k€28k
Income taxes67/77€14k€7k
Profit (loss) for the period9904€29k€21k
Profit (loss) for the period to be appropriated9905€29k€21k
Appropriation of the result
Profit (loss) to be appropriated9906€29k€21k
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€29k€21k
To other reserves6921€29k€21k
Profit to be distributed694/7€750€0
Directors or managers695€750€0

The notes to these accounts (13 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2020net €29k ▲255%
Operating result €43k, net result €29k, both a record.
02-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €8k
Net result €8k after one loss-making year.
02-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €-3k ▼6003%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
17-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
10-07
NBB filing Annual accounts filed
fiscal year 2020 · 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, Asse · 1 establishment unit since 2019
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.

Pullewouwe 1221730 Asse
Ground area
526 m²
Building footprint
99 m²
Volume, LiDAR
21 m³
Parcel 23002H0746/00W000, Flanders · tallest building 3.8 m. Linked by address, not a title deed.
1 establishment unit
HA.AS
Pullewouwe 122, 1730 AsseActivities of building architects
since 20192.297.963.058
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23002H0746/00W000 Flanders 526 m² 1 · 99 m² 3.8 m
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.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 188 EUR awarded · 188 EUR paid
Year Entries awardedpaid
2024 1 188 EUR188 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 188 EUR · 188 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 18,252 companies in sector 71111 we hold annual accounts for 6,319. 5,419 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded13-12-2019
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
Enterprise
E-mail:office@nilsduerinck.be
Enterprise