HAPD
ActiveSummary
HAPD has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120k and a net result of €7k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 24% of 7780 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37=
Solvency42▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.8 against 7.33 in 2024; short-term debt: 5.2% and cash: 14.8% of total assets), but 83.3% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
16.7%
Return on assets
1%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 7780 sector peers (2025).
NBB · sector comparisonPosition among 7780 sector peers
Solvency
better than 24%
← weakest
strongest →
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
21 d early
2023
37 d early
2022
6 d early
2021
26 d early
2020
30 d late
2019
73 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
€120k▼ 7.0%
2024 · €129k
2018: €96k
2019: €102k
2020: €108k
2021: €111k
2022: €119k
2023: €124k
2024: €129k
2018 → 2025
Total assets
€721k▲ 1.0%
2024 · €713k
2018: €699k
2019: €701k
2020: €703k
2021: €702k
2022: €709k
2023: €710k
2024: €713k
2018 → 2025
Net result
€7k▼ 6.7%
2024 · €8k
2018: €9k
2019: €6k
2020: €6k
2021: €3k
2022: €8k
2023: €5k
2024: €8k
2018 → 2025
Working capital
€105k▼ 0.9%
2024 · €106k
2018: €23k
2019: €35k
2020: €51k
2021: €63k
2022: €79k
2023: €93k
2024: €106k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€111k-€119k▲ 7.1%€124k▲ 4.6%€129k▲ 4.4%€120k▼ 7.0%
Operating result€26k-€33k▲ 28.8%€30k▼ 8.4%€34k▲ 12.5%€33k▼ 2.9%
Net result€3k-€8k▲ 191%€5k▼ 30.8%€8k▲ 43.0%€7k▼ 6.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €721k
Fixed assets
€579k ▼ 2.1%
Current assets
€142k ▲ 16.1%
Equity and liabilities €721k
Equity
€120k ▼ 7.0%
Debt
€600k ▲ 2.8%
Debt's share of the balance-sheet total rises from 81.9% to 83.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€45k▼
2024 · €46k
Cash flow
€20k▼
2024 · €20k
Current ratio
3.80▼
2024 · 7.33
Debt to equity
4.99▲
2024 · 4.51
ROE
6.0%▲
2024 · 6.0%
ROA
1.0%▼
2024 · 1.1%
Interest coverage
2.02▼
2024 · 2.04
Debt ≤ 1 year
€37k▲
2024 · €17k
Debt > 1 year
€539k▼
2024 · €544k
Income taxes
€3k▼
2024 · €4k
Staff costs
€76k▲
2024 · €60k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€713k€721k▲
Fixed assets21/28€591k€579k▼
Tangible fixed assets22/27€591k€579k▼
Land and buildings22€591k€579k▼
Current assets29/58€122k€142k▲
Amounts receivable within one year40/41€9k€25k▲
Trade receivables40€3k€17k▲
Other amounts receivable41€6k€8k▲
Cash at bank and in hand54/58€111k€107k▼
Deferred charges and accrued income490/1€2k€11k▲
Equity and liabilities
Total equity and liabilities10/49€713k€721k▲
Equity10/15€129k€120k▼
Contributions10/11€100k€100k=
Reserves13€29k€20k▼
Distributable reserves133€29k€20k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€584k€600k▲
Amounts payable after more than one year17€544k€539k▼
Financial debts170/4€544k€539k▼
Amounts payable within one year42/48€17k€37k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€8k€10k▲
Taxes450/3€116€969▲
Remuneration and social security454/9€8k€9k▲
Other amounts payable47/48€2k€17k▲
Accrued charges and deferred income492/3€23k€24k▲
Income statement
Code20242025
Remuneration, social security and pensions62€60k€76k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k=
Other operating charges640/8€4k€4k▲
Gross operating margin9900€110k€126k▲
Operating profit (loss)9901€34k€33k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€23k€23k▼
Recurring financial charges65€23k€23k▼
Profit (loss) for the period before taxes9903€11k€11k▼
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€8k€7k▼
Profit (loss) for the period to be appropriated9905€8k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€7k▼
Transfer from equity791/2€2k€16k▲
Transfer to equity691/2€8k€7k▼
To other reserves6921€8k€7k▼
Profit to be distributed694/7€2k€16k▲
Return on contributions (dividend)694€2k€16k▲
The notes to these accounts (14 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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €3k ▼52.8%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 73 days late
2019
31-12
Financial
Equity above €100kEq €102k ▲6.2%
2 profitable years in a row build equity to €102k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Houthalen-Helchteren · 1 establishment unit since 2013
Ground area
184 m²
Building footprint
187 m²
Volume, LiDAR
2,193 m³
Parcel 72015C0039/00N000, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
HAPD
since 20132.220.095.715
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015C0039/00N000 | Flanders | 184 m² | 1 · 187 m² | 14.9 m · 4 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.
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BE 1005.692.436
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Of 24,497 companies in sector 82990 we hold annual accounts for 9,406. 7,161 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
Founded13-06-2013
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.