Financials
- Financial year
- 2024
- Total assets
- €1.6m
- Profit
- €15,317
- Solvency
- 47.8%
Total assets▼ 4.6%
Net result
20192024
HARBI
ActiveSummary
The computed 12-month bankruptcy probability of HARBI is 4.2% (elevated). The 2024 annual accounts show equity of €784,874 and a net result of €15,317. Equity is growing by about 85% per year across the filed financial years. Its solvency ranks better than 55% of 7,408 sector peers (NACE 43, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Site preparation
NACE 43120Construction of utility projects for electricity and telecommunications NACE 42220
1 site
Size
≈ €3.7mturnover 2024, estimated
- Staff
- 11.5 FTE
- Equity
- €784,874
- Profit
- €15,317
Turnover estimated from the gross marginNet result -88%: 18-month year
Structure
- BROEDERS & CoDirector · permanent representative ÖZTÜRK Ahmet
2024 accounts filed 89 days late1 of 3 deeds summarised
Why 48raises riskFigures for financial year 2024 (filed 28-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 89 days late; 2 of the last 3 lateSize: 11.5 FTE, total assets €1.6mLiquidity: current ratio 1.75, cash €20,256Show the evidence
Checked score
Score 2024
48
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 42% of its sector peers (NACE 43, small)
Financial strength · tick = 2023
Average
Solvency
73+3
equity 47.8% of total assets
Liquidity
27-5
short-term debt 48.7% · cash 1.2%
Profitability
70-8
return on assets 0.9%
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.3%lowest value
12-2024: 1.3%● unchanged vs 11-2024
01-2025: 1.4%▲ +0.1 percentage points vs 12-2024
02-2025: 1.8%▲ +0.4 percentage points vs 01-2025
03-2025: 2.0%▲ +0.2 percentage points vs 02-2025
04-2025: 3.2%▲ +1.2 percentage points vs 03-2025
05-2025: 3.3%▲ +0.1 percentage points vs 04-2025
06-2025: 3.6%▲ +0.3 percentage points vs 05-2025
07-2025: 4.8%▲ +1.2 percentage points vs 06-2025highest value
08-2025: 4.8%● unchanged vs 07-2025highest value
09-2025: 4.8%● unchanged vs 08-2025highest value
10-2025: 4.4%▼ -0.4 percentage points vs 09-2025
11-2025: 2.1%▼ -2.3 percentage points vs 10-2025
12-2025: 2.0%▼ -0.1 percentage points vs 11-2025
01-2026: 2.0%● unchanged vs 12-2025
02-2026: 2.0%● unchanged vs 01-2026
03-2026: 2.0%● unchanged vs 02-2026
04-2026: 2.0%● unchanged vs 03-2026
05-2026: 1.9%▼ -0.1 percentage points vs 04-2026
06-2026: 1.9%● unchanged vs 05-2026
07-2026: 2.1%▲ +0.2 percentage points vs 06-2026
08-2026: 2.6%▲ +0.5 percentage points vs 07-2026
09-2026: 2.7%▲ +0.1 percentage points vs 08-2026
10-2026: 4.2%▲ +1.5 percentage points vs 09-2026
Credit of up to €35,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 1.75, compared with 1.75 in 2023, above the usual 1.5; short-term debt: 48.7% and cash: 1.2% of total assets), but 52.2% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, small): better than 64% on solvency, 20% on liquidity and 41% on profitability.
The bankruptcy probability was computed on 30-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
raises risk
raises risk · 2024 accounts filed 89 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-10-2025, 89 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 · 7 filingsDeviation from the deadline
2024
89 days late
2023
1 day late
2022
36 days late
2021
1 day late
2020
1 day late
2019
24 days late
2018
186 days late
← 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 48 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · abbreviated…
- Annual accounts filedfinancial year 2023 · abbreviated…
- Reappointment: BROEDERS & CO (director)Permanent representative: ÖZTÜRK Ahmet ·…
Key points
By topic
Board & ownership
- Board
- 1 member
- BROEDERS & CoDirector
Network & group
- Connected companies
- 3
Timeline
- Events
- 13
- Since
- 2019
- 08-03-2023Annual accounts filed
- 30-06-2022Highest result from 2019 to 2024
- 30-06-2022Equity above €500,000
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Site preparationNACE 43120
- Founded
- 20-02-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 30
- Who signs
- Each director alone
- Annual meeting
- 14 June at 10:00
- Purpose
- “Onderneming voor grond- en waterbouwkundige werken; Het bouwen,herstellen en onderhouden…” (deed in Dutch)
Key facts about HARBI
- What is the company number of HARBI?
- 0671.657.395. In Belgium the VAT number is the company number with BE in front: BE 0671.657.395.
- Where is HARBI based?
- The registered office is at Hemelrijken 1, 2890 Puurs-Sint-Amands.Company details
- What does HARBI do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of HARBI?
- Private limited company (BV).
- When was HARBI founded?
- On 20-02-2017.
- Is HARBI still active?
- Yes, HARBI is an active enterprise in the KBO register.
- How many employees does HARBI have?
- On average 11.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of HARBI?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is HARBI profitable?
- In financial year 2024, HARBI made a profit of €15,317.
- Where can I find the annual accounts of HARBI?
- HARBI filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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