Financials
- Financial year
- 2025
- Total assets
- €112,989
- Profit
- €35,023
- Solvency
- 44.3%
Hard & Spirit
ActiveSummary
Hard & Spirit has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50,023 and a net result of €35,023. Its solvency ranks better than 69% of 1,587 sector peers (NACE 55, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Activity
Accommodation
NACE 55300Cafés and bars NACE 56301
1 site
Size
€112,989total assets 2025
- Staff
- 9.6 FTE
- Equity
- €50,023
- Profit
- €35,023
Turnover not published (micro format)
Why 67raises riskFounded in 2025Size: total assets €112,989lowers riskLiquidity: current ratio 0.72, cash €14,967Equity €50,023 (44.3% of total assets)Show the evidence
Checked score
Score 2025
67
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 66% of its sector peers (NACE 55, micro)
Financial strength
Strong
Solvency
69
equity 44.3% of total assets
Liquidity
38
short-term debt 55.7% · cash 13.2%
Profitability
100
return on assets 31.0%
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2026: 1.6%
03-2026: 1.7%▲ +0.1 percentage points vs 02-2026
04-2026: 2.0%▲ +0.3 percentage points vs 03-2026
05-2026: 2.1%▲ +0.1 percentage points vs 04-2026
06-2026: 2.3%▲ +0.2 percentage points vs 05-2026highest value
07-2026: 2.3%● unchanged vs 06-2026highest value
08-2026: 1.1%▼ -1.2 percentage points vs 07-2026lowest value
09-2026: 1.1%● unchanged vs 08-2026
10-2026: 1.1%● unchanged vs 09-2026
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.72, below 1; short-term debt: 55.7% and cash: 13.2% of total assets), and 55.7% 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 55, micro): better than 67% on solvency, 34% on liquidity and 97% on profitability.
The bankruptcy probability was computed on 22-10-2026 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.
lowers riskraises riskneutral
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 27-07-2026, 4 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
4 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- Appointment: Léa RUAR (director)Gazette deed
- IncorporationAppointment: COLSON Charlie Bernard Jules…
Key points
By topic
Board & ownership
- Board
- 2 members
- COLSON Charlie Bernard Jules Antoine GhislainDirector
- Léa RUARDirector
Timeline
- Events
- 3
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- AccommodationNACE 55300
- Founded
- 03-01-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 31
- Who signs
- Each director alone
- Annual meeting
- Last day of June at 18:00
- Purpose
- “À l'exploitation de camping en général et, notamment l'exploitation de salles; salles de…” (deed in French)
- Statutory auditor
- No statutory auditor
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