Financials
- Fiscal year
- 2025
- Total assets
- €391,787
- Profit
- €2,639
- Solvency
- 24.6%
Total assets▲ 0.7%
Net result
20182025
HAERS
ActiveSummary
HAERS has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96,529 and a net result of €2,639. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 28% of 247 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Manufacture of electrical equipment
NACE 27402NACE 31502
#2 oldest company in Assenede, Manufacturing sector1 site
Size
€391,787total assets 2025
- Equity
- €96,529
- Profit
- €2,639
Turnover not published (abridged schema)
Structure
Accounts on time0 of 2 deeds read
Why 89- Sector Manufacture of electrical equipment (NACE 27)+ Founded in 1977+ Figures for FY 2025 (filed 31-07-2026)+ Size: total assets €391,787Show the evidence
Checked score
Score 2025
89
/ 100
Excellent
Probability in this band: under 0.55%
Better than 48% of its sector peers (NACE 27, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
50+1
equity 24.6% of total assets
Liquidity
63+5
short-term debt 0.1% · cash 10.2%
Profitability
70+4
return on assets 0.7%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● 0.0% vs 11-2024
01-2025: 0.4%▼ -1.2% vs 12-2024
02-2025: 0.4%● 0.0% vs 01-2025
03-2025: 0.4%● 0.0% vs 02-2025
04-2025: 0.4%▲ +11.9% vs 03-2025
05-2025: 0.5%▲ +3.1% vs 04-2025
06-2025: 0.5%▼ -1.1% vs 05-2025
07-2025: 0.4%▼ -13.1% vs 06-2025
08-2025: 0.4%● 0.0% vs 07-2025
09-2025: 0.4%● 0.0% vs 08-2025
10-2025: 0.4%● 0.0% vs 09-2025
11-2025: 0.4%● 0.0% vs 10-2025
12-2025: 0.4%● 0.0% vs 11-2025
01-2026: 0.4%▼ -1.3% vs 12-2025
02-2026: 0.4%● 0.0% vs 01-2026
03-2026: 0.4%● 0.0% vs 02-2026
04-2026: 0.4%▲ +11.9% vs 03-2026
05-2026: 0.5%▲ +3.6% vs 04-2026
06-2026: 0.5%▼ -0.9% vs 05-2026
07-2026: 0.5%▲ +8.6% vs 06-2026highest value
08-2026: 0.2%▼ -62.6% vs 07-2026lowest value
09-2026: 0.2%● 0.0% vs 08-2026lowest value
10-2026: 0.2%● 0.0% vs 09-2026lowest value
- Sector Manufacture of electrical equipment (NACE 27) raises the probability
- Founded in 1977 lowers the probability for this profile
- Figures for FY 2025 (filed 31-07-2026) lowers the probability
- Size: total assets €391,787 lowers the probability for this profile
Credit up to €8,000 at 30 days acceptable
short-term debt: 0.1% and cash: 10.2% of total assets, and 75.4% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 27, micro). Better than this share of them on solvency 29%, liquidity 66%, profitability 49%, growth against the median 50%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
40 d early
2023
21 d early
2022
24 d early
2021
28 d late
2020
11 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% of the sector filed late.
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. Usually files around 11 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Back to profitnet €2,639
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-07-2027
- 31-07-2026Annual accounts filed
- 31-12-2025Back to profit
- 21-06-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of electrical equipmentNACE 27402
- Founded
- 14-01-1977
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.