HARBOUR REEFER SERVICE
ActiveSummary
The computed 12-month bankruptcy probability of HARBOUR REEFER SERVICE is 2.7% (moderate). The 2025 annual accounts show negative equity (€-22k) and a net result of €-24k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 480 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
30
/ 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
Profitability6▲+6
Solvency16▼-10
Growth32=
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.85 against 0.96 in 2024; short-term debt: 109.1% and cash: 62% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
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
-9.1%
Return on assets
-10%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-22k
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 03-04-2026, 119 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
119 d early
2024
56 d early
2023
155 d early
2022
153 d early
2021
122 d early
← 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, abbreviated schema
Equity
€-22k
2024 · €2k
2021: €7k
2022: €13k
2023: €41k
2024: €2k
2021 → 2025
Total assets
€243k▲ 11.2%
2024 · €219k
2021: €97k
2022: €88k
2023: €205k
2024: €219k
2021 → 2025
Net result
€-24k▲ 37.0%
2024 · €-38k
2021: €2k
2022: €6k
2023: €27k
2024: €-38k
2021 → 2025
Working capital
€-41k▼ 344%
2024 · €-9k
2021: €7k
2022: €13k
2023: €39k
2024: €-9k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€13k▲ 77.9%€41k▲ 210%€2k▼ 94.7%€-22k
Operating result€3k-€8k▲ 151%€37k▲ 349%€-38k€-22k▲ 42.7%
Net result€2k-€6k▲ 144%€27k▲ 381%€-38k€-24k▲ 37.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €22k in 2025 against €38k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €243k
Fixed assets
€19k ▲ 64.2%
Current assets
€225k ▲ 8.3%
Key figures and ratios
EBITDA
€-18k▲
2024 · €-37k
Cash flow
€-21k▲
2024 · €-38k
Solvency
-9.1%▼
2024 · 1.0%
Current ratio
0.85▼
2024 · 0.96
Debt to equity
-12.02
ROA
-10.0%▲
2024 · -17.6%
Interest coverage
-10.85▲
2024 · -48.96
Debt
€265k▲
2024 · €217k
Debt ≤ 1 year
€265k▲
2024 · €217k
Staff costs
€188k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€219k€243k▲
Fixed assets21/28€11k€19k▲
Tangible fixed assets22/27€11k€19k▲
Plant, machinery and equipment23€11k€19k▲
Current assets29/58€207k€225k▲
Amounts receivable within one year40/41€89k€74k▼
Trade receivables40€84k€74k▼
Other amounts receivable41€5k€0▼
Cash at bank and in hand54/58€119k€151k▲
Equity and liabilities
Total equity and liabilities10/49€219k€243k▲
Equity10/15€2k€-22k▼
Contributions10/11€5k€5k=
Reserves13€36k€36k=
Distributable reserves133€36k€36k=
Profit (loss) carried forward14€-38k€-63k▼
Amounts payable17/49€217k€265k▲
Amounts payable within one year42/48€217k€265k▲
Trade debts44€172k€178k▲
Suppliers440/4€172k€178k▲
Taxes, remuneration and social security45€44k€87k▲
Taxes450/3€44k€46k▲
Remuneration and social security454/9-€41k
Accrued charges and deferred income492/3€46€0▼
Income statement
Code20242025
Remuneration, social security and pensions62-€188k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€683€4k▲
Other operating charges640/8€123€520▲
Gross operating margin9900€-37k€171k▲
Operating profit (loss)9901€-38k€-22k▲
Financial income75/76B€1€17▲
Recurring financial income75€1€17▲
Financial charges65/66B€755€3k▲
Recurring financial charges65€755€2k▲
Non-recurring financial charges66B-€997
Profit (loss) for the period before taxes9903€-38k€-24k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-38k€-24k▲
Profit (loss) for the period to be appropriated9905€-38k€-24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-38k€-63k▼
Profit (loss) brought forward from the previous period14P-€-38k
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)9087-2.4
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
03-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-38k ▼240%
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
27-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2021net €27k ▲381%
Operating result €37k, net result €27k, both a record.
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
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, Antwerpen · 1 establishment unit since 2021
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.
Muisbroeklaan 342030 AntwerpenGround area
4.7 ha
Building footprint
3,723 m²
Volume, LiDAR
37,765 m³
Parcel 11816C0188/00C005, Flanders · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
HARBOUR REEFER SERVICE
since 20212.316.690.590
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11816C0188/00C005 | Flanders | 4.7 ha | 1 · 3,723 m² | 13.3 m · 4 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.
Similar companies · same sector, comparable size
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Fix-it Smart Solutions
BE 0778.911.879
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Van Gorp Service
BE 1011.119.486
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MABA CORPORATION
BE 0793.401.107
Jalhay · Eq €1,938
Of 3,713 companies in sector 33120 we hold annual accounts for 1,342. 181 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.