Equity
-€23,534
Debts exceed assets in financial year 2025.
HARAS DU ROUA
Lifetime
4 annual accounts with figures on one time axispeak €100,366 (2025)
€100,366▲ 39.4%
lowest -€27,019 (2024)
-€8,988▲ €18,031
peak €30,606 (2022)
-€23,534▼ €8,988
€1.4m▼ 4.1%
Board2 names since 2022
2 directorsDE VEERMAN Rémy Jacques Vivian and 1 other
Documentsfilings and deeds
14-10-202675 days late
2025abbreviated format
Gross margin from €72,015 to €100,366Loss of €8,988Equity from -€14,546 to -€23,534Cash from €5,392 to €8,345
Key points
from the 2025 annual accountsLosses
-€73,534 in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Turnover
≈ €260,000 estimated
The accounts state no turnover.
Debts
€1.4m 102% of the balance sheet
Financial debts 55%Suppliers 1%Taxes and wages 1%Other 43%
€842,702 of the debts are secured on the company's own assets. In 2024 that was €914,969.
Filings
4 annual accounts 75 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€23,534
Less equity than 81% of companies in sports and recreation. Sector median €164,596 · 1,116 companies.
Checked score
54
Fair
Financially stronger than 26% of micro companies in sports and recreation (NACE 93)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 4,271 companies (NACE 93, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024lowest value
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.6%▲ +0.1 percentage points vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.7%▲ +0.1 percentage points vs 06-2025
08-2025: 1.0%▲ +0.3 percentage points vs 07-2025
09-2025: 1.2%▲ +0.2 percentage points vs 08-2025
10-2025: 0.6%▼ -0.6 percentage points vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.7%▲ +0.1 percentage points vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 1.1%▲ +0.4 percentage points vs 07-2026
09-2026: 1.3%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 0.9%▼ -0.4 percentage points vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Last filed accounts filed 75 days late; 3 of the last 3 accounts late
Negative equity -€23,534
lowers risk
Size: total assets €1.4m
Sector: Sports, amusement and recreation activities (NACE 93)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 93, micro). It does better than 25% of them on solvency, 24% on liquidity, 43% on profitability and 11% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,251 companies had the same profile as HARAS DU ROUA has now. Each dot stands for 4 companies, two years later.
96.6%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HARAS DU ROUA itself: 0.9% within 12 months.
Test of the method
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 1,251 companies, not a prediction for HARAS DU ROUA. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.04 (0.02 in 2024), below 1. Short-term debt is 45.7% and cash 0.6% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€23,534
raises risk · 2025 accounts filed 75 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-10-2026, 75 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
75 days late
2024
31 days late
2023
61 days late
2022
92 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 65 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 October (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- NOSAL Thierry René Antoine founderdeed of 02-02-2022
- VANVINCKENROYE Anne founderdeed of 02-02-2022
- NOSAL Claire founderdeed of 02-02-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0781402009
Incorporation
Founding capital of €50,000, 500 shares · Founders: NOSAL Thierry René Antoine, VANVINCKENROYE Anne, NOSAL Claire and 1 other · Appointments: NOSAL Claire (director) and DE VEERMAN Rémy Jacques Vivian (director) · published on 02-02-2022 · Gazette deed
First establishment
HARAS DU ROUA SRL, Rue Raymond Pasleau 12, Hannut
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HARAS DU ROUA Hannut | €1.4m | €100,366 | -1.7% | - |
| Padel Club Bayards Liège | €1.1m | €136,686 | 17.4% | 0.4 |
| Offelken Tongeren-Borgloon | €1.7m | €130,684 | 8.3% | - |
| BOWLVENUE Bonheiden | €1.4m | €148,442 | -15.8% | - |
| PASSION FOR SPORTS La Roche-en-Ardenne | €0.9m | €81,711 | 13.5% | - |
| STAL DE CLOCHE Wervik | €0.8m | €85,187 | 20.1% | - |
| PJP Wichelen | €0.8m | €112,527 | 31.5% | - |
These companies have the same main activity as HARAS DU ROUA: operation of sports facilities (NACE 93110). They are comparable in size and age: total assets between €796,000 and €1.7m, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 31-01-2022Normal situation
- Activity
- Operation of sports facilitiesNACE 93110and 5 others
- Establishment unit
- 2.330.448.0614280 Hannut, since 31-01-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Insights on HARAS DU ROUA
HARAS DU ROUA files the abbreviated format. That format states no turnover. The gross margin rose from €49,252 in 2022 to €100,366 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HARAS DU ROUA
- What is the company number of HARAS DU ROUA?
- The company number of HARAS DU ROUA is 0781.402.009. The VAT number is the same number with BE in front: BE 0781.402.009.
- Where is HARAS DU ROUA based?
- The registered office is at Rue Raymond Pasleau 12, 4280 Hannut.Company details
- What does HARAS DU ROUA do?
- According to the KBO register, the main activity is operation of sports facilities (NACE 93110).
- What is the legal form of HARAS DU ROUA?
- HARAS DU ROUA is a private limited company (BV).
- When was HARAS DU ROUA founded?
- HARAS DU ROUA was founded on 31-01-2022.
- Is HARAS DU ROUA still active?
- Yes, HARAS DU ROUA is an active enterprise in the KBO register.
- What is the turnover of HARAS DU ROUA?
- The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €100,366 and 1,650 comparable companies of the same size. It probably lies between €160,000 and €480,000. It is a rough estimate.Financials
- Is HARAS DU ROUA profitable?
- In financial year 2025, HARAS DU ROUA made a loss of €8,988.
- Where can I find the annual accounts of HARAS DU ROUA?
- HARAS DU ROUA filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HARAS DU ROUA due?
- HARAS DU ROUA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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