HADI 2020
ActiveThe computed 12-month bankruptcy probability of HADI 2020 is 4.1% (elevated). The 2024 annual accounts show equity of €42k and a net result of €29k. Equity is growing by ~89.4% per year across the filed fiscal years. Its solvency ranks better than 50% of 18942 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+57
Solvency54▲+15
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity ample (current ratio 2.53 against 1.39 in 2023; short-term debt: 37.5% and cash: 5.4% of total assets), but 70.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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 dateAge against the risk zone
raises risk · 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 2024Solvency, return and age of the figures
Solvency
29.1%
Return on assets
19.9%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-01-2026, 179 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
179 d late
2023
44 d late
2022
21 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€42k▲ 217%
2023 · €13k
2022: €15k
2023: €13k
2022 → 2024
Total assets
€144k▲ 57.5%
2023 · €91k
2022: €21k
2023: €91k
2022 → 2024
Net result
€29k
2023 · €-2k
2022: €10k
2023: €-2k
2022 → 2024
Working capital
€83k▲ 227%
2023 · €25k
2022: €15k
2023: €25k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€15k-€13k▼ 11.9%€42k▲ 217%
Operating result€17k-€5k▼ 72.9%€44k▲ 828%
Net result€10k-€-2k€29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 828% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €144k
Fixed assets
€7k▲ 492%
Current assets
€137k▲ 51.7%
Equity and liabilities €144k
Equity
€42k▲ 217%
Debt
€102k▲ 30.6%
The debt ratio falls from 85.5% to 70.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€44k▲
2023 · €5k
Cash flow
€29k▲
2023 · €-2k
Solvency
29.1%▲
2023 · 14.5%
Current ratio
2.53▲
2023 · 1.39
Quick ratio
2.27▲
2023 · 1.19
Debt / equity
2.44▼
2023 · 5.91
ROE
68.4%▲
2023 · -13.5%
ROA
19.9%▲
2023 · -2.0%
Interest coverage
4.33▲
2023 · 0.75
Debt
€102k▲
2023 · €78k
Debt ≤ 1 year
€54k▼
2023 · €65k
Debt > 1 year
€48k▲
2023 · €13k
Income taxes
€5k
Staff costs
€32k▲
2023 · €27k
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€91k€144k▲
Fixed assets21/28€1k€7k▲
Tangible fixed assets22/27€1k€925▼
Plant, machinery and equipment23€1k€925▼
Financial fixed assets28-€6k
Current assets29/58€90k€137k▲
Stocks and contracts in progress3€13k€14k▲
Stocks30/36€13k€14k▲
Amounts receivable within one year40/41€68k€114k▲
Trade receivables40€67k€6k▼
Other amounts receivable41€895€109k▲
Cash at bank and in hand54/58€9k€8k▼
Deferred charges and accrued income490/1€225-
Equity and liabilities
Total equity and liabilities10/49€91k€144k▲
Equity10/15€13k€42k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€8k€37k▲
Amounts payable17/49€78k€102k▲
Amounts payable after more than one year17€13k€48k▲
Financial debts170/4€13k€48k▲
Amounts payable within one year42/48€65k€54k▼
Current portion of amounts payable after more than one year42€6k€7k▲
Trade debts44€53k€27k▼
Suppliers440/4€53k€27k▼
Taxes, remuneration and social security45€6k€20k▲
Taxes450/3€2k€17k▲
Remuneration and social security454/9€4k€3k▼
Income statement
Code20232024
Remuneration, social security and pensions62€27k€32k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€155€270▲
Other operating charges640/8€1k€551▼
Gross operating margin9900€33k€76k▲
Operating profit (loss)9901€5k€44k▲
Financial income75/76B€13€116▲
Recurring financial income75€13€116▲
Financial charges65/66B€7k€10k▲
Recurring financial charges65€7k€10k▲
Profit (loss) for the period before taxes9903€-2k€34k▲
Income taxes67/77-€5k
Profit (loss) for the period9904€-2k€29k▲
Profit (loss) for the period to be appropriated9905€-2k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€37k▲
Profit (loss) brought forward from the previous period14P€10k€8k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
26-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 179 days late
2024
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 44 days late
2023
31-12
Financial
Weakest financial yearnet €-2k ▼118%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Bornem · 1 establishment unit since 2021
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.
Hingenesteenweg(BOR) 1052880 BornemGround area
342 m²
Building footprint
183 m²
Volume, LiDAR
754 m³
Parcel 12007C0020/00F000, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
restaurant MYKONOS
since 20212.318.096.793
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007C0020/00F000 | Flanders | 342 m² | 1 · 183 m² | 7.5 m · 1 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 siteBornem2.318.096.793
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THB9
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 9,743 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-06-2021
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.