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HA & S

Inactive
KBO/BCE: BE 0640.788.730

HA & S was declared bankrupt on 19-04-2022 (Ondernemingsrechtbank Gent, afdeling Kortrijk); the bankruptcy was closed for insufficient assets by judgment of 21-11-2023, published in the Belgian State Gazette on 28-11-2023.

Summary

Inactive; last annual accounts for fiscal year 2018.

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HA & SInactive
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Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filings
Position against the passed deadline
31-12-2019 close31-07-2020 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 27-08-2019, 27 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

History

HA & S has filed 3 sets of annual accounts, the latest for fiscal year 2018.1 On 19 April 2022 the company was declared bankrupt; the bankruptcy was closed on 21 November 2023.23

  1. 1National Bank, annual accounts 2018
  2. 2Belgian State Gazette, 25-04-2022
  3. 3Belgian State Gazette, 28-11-2023

Financials · fiscal year 2018, micro schema

Turnover
€164,519
EBIT margin
3.6%
Net result
€3,738
Working capital
€30,881

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

Balance-sheet composition
Equity and liabilities €144,393
Equity €30,881
Debt €113,512
Debt finances 78.6% of the balance-sheet total.
Key figures and ratios
2018 value
Current ratio
1.27
Quick ratio
0.37
ROE
12.1%
ROA
2.6%
Debt ≤ 1 year
€113,512
Income taxes
€1,844
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 21 lines
Balance sheet Code2018
Assets
Total assets20/58€144,393
Current assets29/58€144,393
Stocks and contracts in progress3€102,110
Amounts receivable within one year40/41€34,336
Cash at bank and in hand54/58€7,946
Equity and liabilities
Total equity and liabilities10/49€144,393
Equity10/15€30,881
Contributions10/11€18,600
Reserves13€1,860
Profit (loss) carried forward14€10,421
Amounts payable17/49€113,512
Amounts payable within one year42/48€113,512
Trade debts44€109,985
Income statement Code2018
Turnover70€164,519
Gross operating margin9900€5,947
Operating profit (loss)9901€5,847
Recurring financial charges65€265
Profit (loss) for the period before taxes9903€5,583
Income taxes67/77€1,844
Profit (loss) for the period9904€3,738
Profit (loss) for the period to be appropriated9905€3,738
Line2018
Turnover70€164,519
Gross operating margin9900€5,947
Operating profit (loss)9901€5,847
Recurring financial charges65€265
Profit (loss) for the period before taxes9903€5,583
Income taxes67/77€1,844
Profit (loss) for the period9904€3,738
Profit (loss) for the period to be appropriated9905€3,738
Line2018
Assets
Total assets20/58€144,393
Current assets29/58€144,393
Stocks and contracts in progress3€102,110
Amounts receivable within one year40/41€34,336
Cash at bank and in hand54/58€7,946
Equity and liabilities
Total equity and liabilities10/49€144,393
Equity10/15€30,881
Contributions10/11€18,600
Reserves13€1,860
Profit (loss) carried forward14€10,421
Amounts payable17/49€113,512
Amounts payable within one year42/48€113,512
Trade debts44€109,985
Line2018
Profit (loss) for the period9904€3,738
Operating cash flow (approximation)€3,738

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
28-11
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 21-11-2023
2022
25-04
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 19-04-2022
2019
27-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
10-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
19-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 19 days late
SignalNBB filing
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator AN STERCKX
KACHTEMSESTRAAT 334, 8800 ROESE- LARE
 19-04-2022 → 21-11-2023

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