HARBI
ActiveHARBI has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €785k and a net result of €15k. Equity is growing by ~85.2% per year across the filed fiscal years. Its solvency ranks better than 55% of 7426 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
79
/ 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability10▼-74
Solvency87▲+3
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 1.75 against 1.75 in 2023), but 52.2% of the assets are financed with debt.
Credit advice 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 42
Relative position
BE, all sectors
reference
Sector 42
higher
← 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 2024Solvency, return and age of the figures
Solvency
47.8%
Return on assets
0.9%
Age of the figures
20 mo
neutral · Filed after the deadline
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. 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 · 7 filingsDeviation from the deadline
2024
89 d late
2023
1 d late
2022
36 d late
2021
1 d late
2020
1 d late
2019
24 d late
2018
186 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€785k▲ 2.0%
2023 · €770k
2019: €65k
2020: €55k
2021: €184k
2022: €641k
2023: €770k
2019 → 2024
Total assets
€1.64M▼ 4.6%
2023 · €1.72M
2019: €252k
2020: €703k
2021: €1.01M
2022: €1.87M
2023: €1.72M
2019 → 2024
Net result
€15k▼ 88.1%
2023 · €129k
2019: €52k
2020: €-10k
2021: €129k
2022: €456k
2023: €129k
2019 → 2024
Working capital
€597k▲ 9.2%
2023 · €546k
2019: €23k
2020: €-91k
2021: €40k
2022: €410k
2023: €546k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€55k-€184k▲ 235%€641k▲ 248%€770k▲ 20.1%€785k▲ 2.0%
Operating result€-4k-€200k€585k▲ 193%€164k▼ 72.0%€68k▼ 58.4%
Net result€-10k-€129k€456k▲ 253%€129k▼ 71.7%€15k▼ 88.1%
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 has fallen two years in a row; 2024 is 58% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.64M
Fixed assets
€246k▼ 44.8%
Current assets
€1.40M▲ 9.4%
Equity and liabilities €1.64M
Equity
€785k▲ 2.0%
Debt
€858k▼ 9.9%
The debt ratio falls from 55.3% to 52.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€278k▼
2023 · €417k
Cash flow
€225k▼
2023 · €382k
Solvency
47.8%▲
2023 · 44.7%
Current ratio
1.75▼
2023 · 1.75
Quick ratio
1.75▼
2023 · 1.75
Debt / equity
1.09▼
2023 · 1.24
ROE
2.0%▼
2023 · 16.8%
ROA
0.9%▼
2023 · 7.5%
Interest coverage
9.45▼
2023 · 28.44
Debt
€858k▼
2023 · €953k
Debt ≤ 1 year
€800k▲
2023 · €730k
Debt > 1 year
€58k▼
2023 · €222k
Income taxes
€23k▼
2023 · €43k
Staff costs
€1.00M▲
2023 · €577k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.72M€1.64M▼
Fixed assets21/28€446k€246k▼
Tangible fixed assets22/27€441k€238k▼
Plant, machinery and equipment23€24k€18k▼
Furniture and vehicles24€49k€28k▼
Leasing and similar rights25€367k€192k▼
Financial fixed assets28€5k€9k▲
Current assets29/58€1.28M€1.40M▲
Amounts receivable within one year40/41€1.23M€1.37M▲
Trade receivables40€1.13M€1.01M▼
Other amounts receivable41€105k€362k▲
Cash at bank and in hand54/58€37k€20k▼
Deferred charges and accrued income490/1€7k€9k▲
Equity and liabilities
Total equity and liabilities10/49€1.72M€1.64M▼
Equity10/15€770k€785k▲
Contributions10/11€50k€50k=
Reserves13€5k€5k=
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Profit (loss) carried forward14€715k€730k▲
Amounts payable17/49€953k€858k▼
Amounts payable after more than one year17€222k€58k▼
Financial debts170/4€222k€58k▼
Amounts payable within one year42/48€730k€800k▲
Current portion of amounts payable after more than one year42€225k€140k▼
Trade debts44€346k€508k▲
Suppliers440/4€346k€508k▲
Taxes, remuneration and social security45€81k€71k▼
Taxes450/3€19k€1k▼
Remuneration and social security454/9€63k€70k▲
Other amounts payable47/48€77k€81k▲
Income statement
Code20232024
Non-recurring operating income76A€14k-
Remuneration, social security and pensions62€577k€1.00M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€253k€210k▼
Other operating charges640/8€12k€40k▲
Gross operating margin9900€1.01M€1.32M▲
Operating profit (loss)9901€164k€68k▼
Financial income75/76B€23k€32▼
Recurring financial income75€1€32▲
Non-recurring financial income76B€23k-
Financial charges65/66B€15k€29k▲
Recurring financial charges65€15k€29k▲
Profit (loss) for the period before taxes9903€172k€39k▼
Income taxes67/77€43k€23k▼
Profit (loss) for the period9904€129k€15k▼
Profit (loss) for the period to be appropriated9905€129k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€715k€730k▲
Profit (loss) brought forward from the previous period14P€586k€715k▲
Social balance
Average headcount (FTE)908711.711.5▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 89 days late
2024
01-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 1 day late
2023
08-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 36 days late
2022
30-06
Financial
Highest result since 2019net €456k ▲253%
Operating result €585k, net result €456k, both a record.
30-06
Financial
Equity above €500kEq €641k ▲248%
2 profitable years in a row build equity to €641k.
01-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
30-06
Financial
Back to profitnet €129k
Net result €129k after one loss-making year.
30-06
Financial
Equity above €150kEq €184k ▲235%
Equity rises from €55k to €184k.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-06
Financial
Weakest financial yearnet €-10k ▼120%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
24-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 186 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Puurs-Sint-Amands · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hemelrijken 12890 Puurs-Sint-AmandsGround area
2,404 m²
Building footprint
908 m²
Volume, LiDAR
6,822 m³
Parcel 12034A0436/00D000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HARBI
since 20172.261.689.612
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12034A0436/00D000 | Flanders | 2,403 m² | 1 · 908 m² | 9.1 m · 2 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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Of 1,805 companies in sector 42220 we hold annual accounts for 948. 461 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-02-2017
Fiscal year end31-12
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
43120Site preparation
42211Civil engineering
42212Civil engineering
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.