Equity
HAPRO has made a profit without a break since 2022.
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HAPRO has made a profit without a break since 2022.
The result fell in 2025 from €2.2m to €1.1m.
Between 2013 and 2025, 89% of the full-time equivalents disappeared.
The 2024 accounts came 63 days late. The other nine of the last ten were filed on time.
Higher solvency than 83% of companies in wholesale trade. Sector median 45.2% · 6,193 companies.
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In July 2024, 31,368 companies had the same profile as HAPRO has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for HAPRO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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The scores and ratios are Checked's own calculations, not a credit decision.
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| Company | ||||
|---|---|---|---|---|
| HAPRO Wingene | €5.8m | - | 77.3% | 0.9 |
| VANHULLE - LIJNZAAD Torhout | €5.1m | €627,381 | 78.0% | 1.5 |
| ETABLISSEMENTS BADOT Thuin | €4.7m | €578,903 | 76.6% | 1 |
| VERSTRAETE AGRA Comines-Warneton | €4.1m | €501,012 | 71.4% | 1.2 |
| T. JANSSENS Kortenaken | €5.2m | €985,011 | 96.6% | 2 |
| Vandeweghe Diksmuide | €2.3m | €702,738 | 78.8% | 0.6 |
| VOEDERS VERHAEGHE Ypres | €2.1m | €11,453 | 63.5% | 1 |
These companies have the same main activity as HAPRO: wholesale of agricultural produce and animal feed, general range (NACE 46216). They are comparable in size and age: total assets between €2.1m and €5.2m, founded between 1983 and 1991.
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HAPRO has existed since 1989. Turnover grew from €32.9m in 2006 to €97.5m in 2025, while staff fell from 7.3 to 0.9 full-time equivalents.
holds all the shares. In February 2026, the Official Gazette published the appointment of as managing director.
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Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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