HARBOR CAFE

Active

Private limited companyfounded 20205 yrs activeBist 43, 2180 Antwerpen, BelgiumKBO/BCE: BE 0759.653.421

The computed 12-month bankruptcy probability of HARBOR CAFE is 6.3% (elevated). The 2024 annual accounts show negative equity (€-26k) and a net result of €-6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 2935 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

35 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability64▲+13

Solvency7▼-10

Growth58▲+26

Track record94

Bankruptcy probability, 12 months

6.3% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.36 against 0.45 in 2023; short-term debt: 116.7% and cash: 32.5% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

-18.4%

Return on assets

-4%

Age of the figures

21 mo

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

21222324

2021 to 2024 · latest year €-26k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 4 filings

Deviation from the deadline

2025

not confirmed

2024

27 d late

2023

89 d late

2022

31 d late

2021

26 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€-26k▼ 27.7%

2023 · €-20k

2021: €79k 2022: €16k 2023: €-20k

2021 → 2024

Total assets

€140k▼ 45.3%

2023 · €255k

2021: €302k 2022: €258k 2023: €255k

2021 → 2024

Net result

€-6k▲ 84.4%

2023 · €-36k

2021: €-21k 2022: €-64k 2023: €-36k

2021 → 2024

Working capital

€-104k▲ 22.5%

2023 · €-134k

2021: €-79k 2022: €-124k 2023: €-134k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€79k-€16k▼ 80.3%€-20k€-26k▼ 27.7%

Operating result€-17k-€-60k▼ 255%€-41k▲ 32.2%€-5k▲ 87.9%

Net result€-21k-€-64k▼ 207%€-36k▲ 43.8%€-6k▲ 84.4%

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 stays negative: a loss of €5k in 2024 against €41k in 2023; the loss shrinks.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €138k

57.4%

42.6%

Fixed assets €79k▼ 44.4%

Current assets €59k▼ 46.5%

Key figures and ratios

2024 value · change against 2023

EBITDA

€59k▲

2023 · €23k

Cash flow

€59k▲

2023 · €29k

Solvency

-18.4%▼

2023 · -7.9%

Current ratio

0.36▼

2023 · 0.45

Quick ratio

0.32▼

2023 · 0.42

Debt / equity

-6.42▲

2023 · -13.67

ROA

-4.0%▲

2023 · -14.0%

Interest coverage

37.13▲

2023 · 26.41

Debt

€165k▼

2023 · €276k

Debt ≤ 1 year

€163k▼

2023 · €244k

Debt > 1 year

€2k▼

2023 · €31k

Staff costs

€183k▼

2023 · €203k

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€255k€140k▼

Formation expenses20€3k€1k▼

Fixed assets21/28€143k€79k▼

Intangible fixed assets21€20k€10k▼

Tangible fixed assets22/27€115k€62k▼

Plant, machinery and equipment23€108k€58k▼

Furniture and vehicles24€6k€4k▼

Financial fixed assets28€8k€8k▼

Current assets29/58€110k€59k▼

Stocks and contracts in progress3€6k€6k=

Stocks30/36€6k€6k=

Amounts receivable within one year40/41€83k€7k▼

Trade receivables40€80k€7k▼

Other amounts receivable41€3k€221▼

Cash at bank and in hand54/58€21k€45k▲

Deferred charges and accrued income490/1€0€128▲

Equity and liabilities

Total equity and liabilities10/49€255k€140k▼

Equity10/15€-20k€-26k▼

Contributions10/11€100k€100k=

Profit (loss) carried forward14€-120k€-126k▼

Amounts payable17/49€276k€165k▼

Amounts payable after more than one year17€31k€2k▼

Financial debts170/4€31k€2k▼

Amounts payable within one year42/48€244k€163k▼

Current portion of amounts payable after more than one year42€38k€29k▼

Financial debts43€0-

Credit institutions430/8€0-

Trade debts44€161k€71k▼

Suppliers440/4€161k€71k▼

Taxes, remuneration and social security45€35k€34k▼

Taxes450/3€16k€11k▼

Remuneration and social security454/9€19k€23k▲

Other amounts payable47/48€10k€28k▲

Income statement Code20232024

Remuneration, social security and pensions62€203k€183k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€64k=

Other operating charges640/8€3k€4k▲

Gross operating margin9900€229k€246k▲

Operating profit (loss)9901€-41k€-5k▲

Financial income75/76B€6k€957▼

Recurring financial income75€6k€957▼

Financial charges65/66B€887€2k▲

Recurring financial charges65€887€2k▲

Profit (loss) for the period before taxes9903€-36k€-6k▲

Profit (loss) for the period9904€-36k€-6k▲

Profit (loss) for the period to be appropriated9905€-36k€-6k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-120k€-126k▼

Profit (loss) brought forward from the previous period14P€-84k€-120k▼

Social balance

Average headcount (FTE)90876.7-

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 5Financial 1Filings 4

2025

27-08

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 27 days late

2024

28-10

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 89 days late

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

2022

31-12

Financial Weakest financial yearnet €-64k

Net result drops to €-64k, the lowest in the series; recovery starts the following year.

26-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 26 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2022

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

31-12-2022 Jan KEGELS: Resigned as Director

31-12-2022 Peter VLYMINCK: Resigned as Director

Location & real-estate footprint

Registered office, Antwerpen · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Bist 432180 Antwerpen

Ground area

687 m²

Building footprint

91 m²