HAESEBROUCK
ActiveSummary
HAESEBROUCK has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86k and a net result of €11k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 86% of 4654 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 4.76 against 4.3 in 2024; short-term debt: 20% and cash: 68.7% of total assets), and 20.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
79.5%
Return on assets
10.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 10 filingsDeviation from the deadline
2025
29 d late
2024
29 d late
2023
31 d late
2022
30 d late
2021
31 d late
2020
30 d late
2019
60 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€86k▲ 15.2%
2024 · €75k
2018: €60klowest in 8 years
2019: €71k▲ +17.2% vs 2018
2020: €76k▲ +7.5% vs 2019
2021: €83k▲ +8.7% vs 2020
2022: €62k▼ -25.6% vs 2021
2023: €65k▲ +5.5% vs 2022
2024: €75k▲ +15.0% vs 2023
2025: €86k▲ +15.2% vs 2024highest in 8 years
2018 → 2025
Total assets
€108k▲ 13.4%
2024 · €95k
2018: €102k
2019: €81k▼ -20.0% vs 2018
2020: €94k▲ +15.1% vs 2019
2021: €104k▲ +11.0% vs 2020
2022: €80k▼ -22.9% vs 2021lowest in 8 years
2023: €84k▲ +5.2% vs 2022
2024: €95k▲ +13.3% vs 2023
2025: €108k▲ +13.4% vs 2024highest in 8 years
2018 → 2025
Net result
€11k▲ 15.9%
2024 · €10k
2018: €-5k
2019: €10k▲ +321% vs 2018
2020: €5k▼ -49.1% vs 2019
2021: €7k▲ +24.9% vs 2020
2022: €-21k▼ -420% vs 2021lowest in 8 years
2023: €3k▲ +116% vs 2022
2024: €10k▲ +189% vs 2023
2025: €11k▲ +15.9% vs 2024highest in 8 years
2018 → 2025
Working capital
€81k▲ 22.5%
2024 · €66k
2018: €27klowest in 8 years
2019: €45k▲ +66.4% vs 2018
2020: €60k▲ +32.4% vs 2019
2021: €56k▼ -6.4% vs 2020
2022: €44k▼ -21.9% vs 2021
2023: €52k▲ +18.5% vs 2022
2024: €66k▲ +27.9% vs 2023
2025: €81k▲ +22.5% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€83k-€62k▼ 25.6%€65k▲ 5.5%€75k▲ 15.0%€86k▲ 15.2%
2021: €83k
2022: €62k▼ -25.6% vs 2021lowest in 5 years
2023: €65k▲ +5.5% vs 2022
2024: €75k▲ +15.0% vs 2023
2025: €86k▲ +15.2% vs 2024highest in 5 years
Operating result€8k-€-20k€4k€11k▲ 160%€13k▲ 13.9%
2021: €8k
2022: €-20k▼ -355% vs 2021lowest in 5 years
2023: €4k▲ +121% vs 2022
2024: €11k▲ +160% vs 2023
2025: €13k▲ +13.9% vs 2024highest in 5 years
Net result€7k-€-21k€3k€10k▲ 189%€11k▲ 15.9%
2021: €7k
2022: €-21k▼ -420% vs 2021lowest in 5 years
2023: €3k▲ +116% vs 2022
2024: €10k▲ +189% vs 2023
2025: €11k▲ +15.9% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 14% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €108k
Fixed assets
€5k ▼ 40.8%
Current assets
€103k ▲ 19.0%
Equity and liabilities €108k
Equity
€86k ▲ 15.2%
Debt
€22k ▲ 7.2%
Debt's share of the balance-sheet total falls from 21.7% to 20.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18k▲
2024 · €16k
Cash flow
€16k▲
2024 · €14k
Current ratio
4.76▲
2024 · 4.30
Debt to equity
0.26▼
2024 · 0.28
ROE
13.2%▲
2024 · 13.1%
ROA
10.5%▲
2024 · 10.2%
Interest coverage
36.79▲
2024 · 32.53
Debt ≤ 1 year
€22k▲
2024 · €20k
Income taxes
€1k▲
2024 · €1k
Staff costs
€214
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€95k€108k▲
Fixed assets21/28€9k€5k▼
Tangible fixed assets22/27€9k€5k▼
Land and buildings22€2k€1k▼
Furniture and vehicles24€7k€4k▼
Financial fixed assets28€242€242=
Current assets29/58€87k€103k▲
Amounts receivable within one year40/41€16k€16k▼
Trade receivables40€16k€16k▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€52k€74k▲
Deferred charges and accrued income490/1€19k€12k▼
Equity and liabilities
Total equity and liabilities10/49€95k€108k▲
Equity10/15€75k€86k▲
Contributions10/11€9k€9k=
Reserves13€66k€77k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€64k€76k▲
Amounts payable17/49€21k€22k▲
Amounts payable within one year42/48€20k€22k▲
Trade debts44€346€2k▲
Suppliers440/4€346€2k▲
Taxes, remuneration and social security45€14k€14k▼
Taxes450/3€14k€14k▼
Other amounts payable47/48€5k€5k=
Accrued charges and deferred income492/3€540€540=
Income statement
Code20242025
Remuneration, social security and pensions62-€214
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€2k€2k▲
Gross operating margin9900€18k€20k▲
Operating profit (loss)9901€11k€13k▲
Financial income75/76B€126€246▲
Recurring financial income75€126€246▲
Financial charges65/66B€494€480▼
Recurring financial charges65€494€480▼
Profit (loss) for the period before taxes9903€11k€13k▲
Income taxes67/77€1k€1k▲
Profit (loss) for the period9904€10k€11k▲
Profit (loss) for the period to be appropriated9905€10k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€11k▲
Transfer to equity691/2€10k€11k▲
To other reserves6921€10k€11k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €214 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €12k | €5k | €5k | €5k | = |
| Other operating charges640/8 | €548 | €553 | €600 | €2k | €2k | ▲ 14.5% |
| Gross operating margin9900 | €19k | €-8k | €10k | €18k | €20k | ▲ 11.5% |
| Operating profit (loss)9901 | €8k | €-20k | €4k | €11k | €13k | ▲ 13.9% |
| Financial income75/76B | €0 | €0 | €55 | €126 | €246 | ▲ 94.7% |
| Recurring financial income75 | €0 | €0 | €55 | €126 | €246 | ▲ 94.7% |
| Financial charges65/66B | €555 | €527 | €490 | €494 | €480 | ▼ 2.9% |
| Recurring financial charges65 | €555 | €527 | €490 | €494 | €480 | ▼ 2.9% |
| Profit (loss) for the period before taxes9903 | €7k | €-21k | €4k | €11k | €13k | ▲ 15.6% |
| Income taxes67/77 | €843 | €195 | €550 | €1k | €1k | ▲ 12.7% |
| Profit (loss) for the period9904 | €7k | €-21k | €3k | €10k | €11k | ▲ 15.9% |
| Transfer from tax-exempt reserves789 | - | €20k | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €7k | €-1k | €3k | €10k | €11k | ▲ 15.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €104k | €80k | €84k | €95k | €108k | ▲ 13.4% |
| Fixed assets21/28 | €27k | €18k | €14k | €9k | €5k | ▼ 40.8% |
| Tangible fixed assets22/27 | €27k | €18k | €13k | €9k | €5k | ▼ 41.9% |
| Land and buildings22 | - | €3k | €2k | €2k | €1k | ▼ 35.3% |
| Plant, machinery and equipment23 | €0 | - | - | - | - | - |
| Furniture and vehicles24 | €27k | €15k | €11k | €7k | €4k | ▼ 43.6% |
| Financial fixed assets28 | €242 | €242 | €242 | €242 | €242 | = |
| Current assets29/58 | €77k | €62k | €71k | €87k | €103k | ▲ 19.0% |
| Amounts receivable within one year40/41 | €17k | €17k | €18k | €16k | €16k | ▼ 1.0% |
| Trade receivables40 | €17k | €17k | €17k | €16k | €16k | ▼ 1.0% |
| Other amounts receivable41 | - | - | €863 | €0 | - | - |
| Cash at bank and in hand54/58 | €48k | €26k | €36k | €52k | €74k | ▲ 44.3% |
| Deferred charges and accrued income490/1 | €12k | €19k | €17k | €19k | €12k | ▼ 33.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €104k | €80k | €84k | €95k | €108k | ▲ 13.4% |
| Equity10/15 | €83k | €62k | €65k | €75k | €86k | ▲ 15.2% |
| Contributions10/11 | €9k | €9k | €9k | €9k | €9k | = |
| Reserves13 | €74k | €53k | €56k | €66k | €77k | ▲ 17.2% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | €20k | €0 | - | - | - | - |
| Distributable reserves133 | €52k | €51k | €54k | €64k | €76k | ▲ 17.6% |
| Amounts payable17/49 | €21k | €19k | €19k | €21k | €22k | ▲ 7.2% |
| Amounts payable within one year42/48 | €21k | €18k | €19k | €20k | €22k | ▲ 7.4% |
| Trade debts44 | €3k | €440 | €1k | €346 | €2k | ▲ 488% |
| Suppliers440/4 | €3k | €440 | €1k | €346 | €2k | ▲ 488% |
| Taxes, remuneration and social security45 | €12k | €12k | €12k | €14k | €14k | ▼ 1.4% |
| Taxes450/3 | €12k | €12k | €12k | €14k | €14k | ▼ 1.4% |
| Other amounts payable47/48 | €5k | €6k | €5k | €5k | €5k | = |
| Accrued charges and deferred income492/3 | €540 | €540 | €540 | €540 | €540 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €-21k | €3k | €10k | €11k | ▲ 15.9% |
| + Depreciation and write-downs630 | €10k | €12k | €5k | €5k | €5k | = |
| Operating cash flow (approximation) | €17k | €-9k | €8k | €14k | €16k | ▲ 10.7% |
| Investment in fixed assets (approximation) | - | €-3k | €0 | €0 | €-1k | - |
| Change in cash | - | €-22k | €10k | €16k | €23k | ▲ 46.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Highest result since 2018net €11k ▲15.9%
Operating result €13k, net result €11k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 5.61
Current ratio from 1.67 to 5.61; short-term debt falls from €41k to €10k.
Show earlier events
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 1981
Ground area
2,872 m²
Building footprint
180 m²
Volume, LiDAR
1,011 m³
Parcel 31039E0854/00L000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PVBA HAESEBROUCK
since 19812.020.032.621
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039E0854/00L000 | Flanders | 2,872 m² | 1 · 180 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
2022 · 1 entry · 243 EUR awarded · 243 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 243 EUR | 243 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,590 companies in sector 49410 we hold annual accounts for 8,199. 6,314 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded25-05-1981
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Scores and ratios are computed by Checked and are not a credit decision.