Harbour-Distribution
ActiveSummary
The computed 12-month bankruptcy probability of Harbour-Distribution is 1.9% (moderate). The 2025 annual accounts show negative equity (€-11k) and a net result of €129. Equity is shrinking by ~19.5% per year across the filed fiscal years. Its solvency ranks better than 13% of 11322 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+69
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.73 against 0.4 in 2024; short-term debt: 137.4% and cash: 8.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2025Solvency, return and age of the figures
Solvency
-37.4%
Return on assets
0.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 11322 sector peers (2025).
NBB · sector comparisonPosition among 11322 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
29 d late
2022
59 d late
2021
74 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-11k▲ 1.2%
2024 · €-11k
2021: €-3k
2022: €-5k
2023: €-9k
2024: €-11k
2021 → 2025
Total assets
€28k▲ 284%
2024 · €7k
2021: €3k
2022: €1k
2023: €738
2024: €7k
2021 → 2025
Net result
€129
2024 · €-1k
2021: €-12k
2022: €-2k
2023: €-4k
2024: €-1k
2021 → 2025
Working capital
€-11k▲ 2.8%
2024 · €-11k
2021: €-4k
2022: €-6k
2023: €-10k
2024: €-11k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-3k-€-5k▼ 51.0%€-9k▼ 87.6%€-11k▼ 13.9%€-11k▲ 1.2%
Operating result€-11k-€-2k▲ 85.9%€-4k▼ 169%€-1k▲ 71.8%€187
Net result€-12k-€-2k▲ 85.2%€-4k▼ 159%€-1k▲ 70.2%€129
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €187 after a loss of €1k in 2024, the highest result in the available series.
Key figures and ratios
EBITDA
€361▲
2024 · €-982
Cash flow
€303▲
2024 · €-1k
Solvency
-37.4%▲
2024 · -145.6%
Current ratio
0.73▲
2024 · 0.40
Debt to equity
-3.67▼
2024 · -1.69
ROA
0.5%▲
2024 · -17.8%
Interest coverage
6.23▲
2024 · -11.10
Debt
€39k▲
2024 · €18k
Debt ≤ 1 year
€39k▲
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet
Code20242025
Assets
Total assets20/58€7k€28k▲
Fixed assets21/28€174€0▼
Tangible fixed assets22/27€174€0▼
Plant, machinery and equipment23€174€0▼
Current assets29/58€7k€28k▲
Amounts receivable within one year40/41€4k€26k▲
Trade receivables40€4k€21k▲
Other amounts receivable41€97€5k▲
Cash at bank and in hand54/58€3k€2k▼
Deferred charges and accrued income490/1€316€0▼
Equity and liabilities
Total equity and liabilities10/49€7k€28k▲
Equity10/15€-11k€-11k▲
Contributions10/11€8k€8k=
Profit (loss) carried forward14€-19k€-19k▲
Amounts payable17/49€18k€39k▲
Amounts payable within one year42/48€18k€39k▲
Trade debts44€4k€25k▲
Suppliers440/4€4k€25k▲
Other amounts payable47/48€14k€14k▼
Income statement
Code20242025
Non-recurring operating income76A€163€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€247€174▼
Other operating charges640/8€546€476▼
Gross operating margin9900€-436€836▲
Operating profit (loss)9901€-1k€187▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€89€58▼
Recurring financial charges65€89€58▼
Profit (loss) for the period before taxes9903€-1k€129▲
Profit (loss) for the period9904€-1k€129▲
Profit (loss) for the period to be appropriated9905€-1k€129▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-19k▲
Profit (loss) brought forward from the previous period14P€-18k€-19k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €129
Net result €129 after 4 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 2020
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.
Coupure 889000 GentGround area
794 m²
Building footprint
299 m²
Volume, LiDAR
4,829 m³
Parcel 44815F2048/00V002, Flanders · tallest building 18.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Harbour-Distribution
since 20202.300.502.676
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F2048/00V002 | Flanders | 794 m² | 1 · 299 m² | 18.5 m · 6 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector and region
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AKTIESELSKABETSAEBY FISKE-INDUSTRIE
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BE 0444.010.768
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DB DISCOUNT
BE 0424.649.370
Gavere
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 231 companies in sector 46323 we hold annual accounts for 155. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46323Wholesale trade
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.