HadHof Services
ActiveSummary
HadHof Services has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50k and a net result of €7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 30% of 1202 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-50
Solvency51▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.93 against 1.05 in 2024; short-term debt: 52% and cash: 23% of total assets), and 74.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
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
25.8%
Return on assets
3.6%
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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €50k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 8 filingsDeviation from the deadline
2025
31 d late
2024
21 d early
2023
13 d late
2022
22 d late
2021
26 d early
2020
13 d late
2019
14 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7k▼ 75.0%
2024 · €28k
2018: €6k
2019: €-9k
2020: €419
2021: €-4k
2022: €3k
2023: €16k
2024: €28k
2018 → 2025
Working capital
€-7k
2024 · €4k
2018: €-102k
2019: €-95k
2020: €-39k
2021: €-41k
2022: €-38k
2023: €-24k
2024: €4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-973-€2k€16k▲ 776%€43k▲ 178%€50k▲ 16.0%
Operating result€-3k-€4k€22k▲ 460%€43k▲ 100%€37k▼ 15.5%
Net result€-4k-€3k€16k▲ 474%€28k▲ 75.1%€7k▼ 75.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €194k
Fixed assets
€100k ▲ 92.0%
Current assets
€94k ▼ 1.6%
Equity and liabilities €194k
Equity
€50k ▲ 16.0%
Debt
€144k ▲ 37.8%
Debt's share of the balance-sheet total rises from 70.8% to 74.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€57k▲
2024 · €57k
Cash flow
€28k▼
2024 · €41k
Current ratio
0.93▼
2024 · 1.05
Debt to equity
2.88▲
2024 · 2.43
ROE
13.8%▼
2024 · 64.0%
ROA
3.6%▼
2024 · 18.7%
Interest coverage
2.23▼
2024 · 57.13
Debt ≤ 1 year
€101k▲
2024 · €91k
Debt > 1 year
€43k▲
2024 · €13k
Income taxes
€4k▼
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€148k€194k▲
Fixed assets21/28€52k€100k▲
Intangible fixed assets21€35k€25k▼
Tangible fixed assets22/27€17k€75k▲
Plant, machinery and equipment23-€8k
Furniture and vehicles24€17k€67k▲
Current assets29/58€96k€94k▼
Amounts receivable within one year40/41€85k€46k▼
Trade receivables40€85k€36k▼
Other amounts receivable41-€10k
Cash at bank and in hand54/58€10k€45k▲
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€148k€194k▲
Equity10/15€43k€50k▲
Contributions10/11€6k€6k=
Reserves13€44k€51k▲
Non-distributable reserves130/1€300€300=
Reserves not available under the articles1311€300€300=
Distributable reserves133€44k€51k▲
Profit (loss) carried forward14€-7k€-7k=
Amounts payable17/49€105k€144k▲
Amounts payable after more than one year17€13k€43k▲
Financial debts170/4€13k€43k▲
Amounts payable within one year42/48€91k€101k▲
Current portion of amounts payable after more than one year42€7k€11k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€15k€12k▼
Taxes450/3€15k€12k▼
Other amounts payable47/48€67k€74k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€21k▲
Other operating charges640/8€387€400▲
Gross operating margin9900€57k€58k▲
Operating profit (loss)9901€43k€37k▼
Financial charges65/66B€991€26k▲
Recurring financial charges65€991€26k▲
Profit (loss) for the period before taxes9903€42k€11k▼
Income taxes67/77€15k€4k▼
Profit (loss) for the period9904€28k€7k▼
Profit (loss) for the period to be appropriated9905€28k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€-572▼
Profit (loss) brought forward from the previous period14P€-7k€-7k=
Transfer to equity691/2€28k€7k▼
To other reserves6921€28k€7k▼
The notes to these accounts (13 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €28k ▲75.1%
Operating result €43k, net result €28k, both a record.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 13 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 22 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 13 days late
2020
31-12
Financial
Back to profitnet €419
Net result €419 after one loss-making year.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 14 days late
2019
31-12
Financial
Weakest financial yearnet €-9k ▼269%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
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, Genappe · 1 establishment unit since 2017
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.
Chemin de la Vallée 181470 GenappeGround area
1,628 m²
Building footprint
217 m²
Volume, LiDAR
904 m³
2 parcels, Wallonia · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HadHof Services
since 20172.271.233.818
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25107A0168/00W000 | Wallonia | 1,108 m² | 1 · 128 m² | 9.4 m · 2 fl. |
| 25003K0060/00B000 | Wallonia | 519 m² | 1 · 89 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900XS4AXXJYWUHF54
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Of 21,216 companies in sector 81300 we hold annual accounts for 4,362. 3,602 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2017
Fiscal year end31-12
Trade name FR
sprl
Activities, NACEBEL 2025
81300Landscape service activities
02200Logging
43120Site preparation
46130Agents in the wholesale of timber and building materials
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.