Equity
€44,020 from €150,664 in 2014
Equity fell by 71% in 11 years.
HARDIES
Lifetime
19 annual accounts with figures on one time axis, 38 filings since 1988peak €13,587 (2010)
-€35,557▼ €26,914
lowest -€35,874 (2025)
-€35,874▼ €26,519
peak €150,664 (2014)
€44,020▼ 44.9%
€13,278▼ 28.6%
Board2 names since 1986
2 directorsHARDIES Eric and 1 other
Documentsfilings and deeds
12-12-202550 days before the deadline
2025micro format
Gross margin from -€8,643 to -€35,557Loss of €35,874Appointment: Hoogendoorn Sylvia (director) 22-12Equity from €79,894 to €44,020Debts from €18,603 to €13,278
Key points
from the 2025 annual accountsLosses
-€68,866 in four years
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Position in the sector
-€35,874
Lower net result than 94% of companies in retail trade. Sector median €5,048 · 22,907 companies.
Turnover not published (abbreviated or micro format)
Checked score
55
Fair
Financially stronger than 38% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.6%▼ -0.3 percentage points vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.5%▼ -0.1 percentage points vs 07-2025lowest value
09-2025: 0.5%● unchanged vs 08-2025lowest value
10-2025: 0.6%▲ +0.1 percentage points vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 1.2%▲ +0.6 percentage points vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.2%● unchanged vs 02-2026
04-2026: 1.2%● unchanged vs 03-2026
05-2026: 1.2%● unchanged vs 04-2026
06-2026: 1.2%● unchanged vs 05-2026
07-2026: 1.2%● unchanged vs 06-2026
08-2026: 1.2%● unchanged vs 07-2026
09-2026: 1.2%● unchanged vs 08-2026
10-2026: 1.2%● unchanged vs 09-2026highest value
11-2026: 1.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €35,874, the second in a row (financial year 2025)
Sector: Retail trade (NACE 47)
Liquidity: current ratio 4.16, cash €1,036
lowers risk
Founded in 1986
Calculation
The band follows from the bankruptcy probability. 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 47, micro). It does better than 92% of them on solvency, 43% on liquidity, 6% on profitability and 12% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as HARDIES has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HARDIES itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,831 companies, not a prediction for HARDIES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 4.16 (5.18 in 2024), above the usual 1.5. Short-term debt is 23.2% and cash 1.8% of total assets. 23.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€35,874
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-12-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 days early
2024
51 days early
2023
54 days early
2022
55 days early
2021
52 days early
2020
48 days early
2019
45 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 51 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 10 December (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Appointment: Hoogendoorn Sylvia (director)
General meeting of 08-12-2025 · Gazette deed
Change of role: HARDIES Eric, from director, formerly manager to director
Permanent representative: HARDIES Eric · “Klein- en groothandel in suikergoed,rookartikelen,rookwaren,wijn,alcoholische en andere dranken,alsook alle…” (deed in Dutch) · General meeting of 03-10-2022 · Gazette deed
First establishment
BLOEM'S, Markt 72, Mol
Incorporation
published on 02-10-1986 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as HARDIES: retail trade (NACE 47260). They are comparable in size and age: total assets between €41,200 and €225,000, founded between 1999 and 2010.
Official details
Source: KBO- Status
- Active since 04-09-1986Normal situation
- Activity
- Retail tradeNACE 47260and 10 others
- Establishment unit
- 2.035.177.2892400 Mol, since 05-09-1986
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Annual accounts to 30-06-2025
- €57,299▼ 41.8%
- Filing
- Filed on 12-12-2025, 50 days before the end of the filing period
Insights on HARDIES
HARDIES files the micro format. That format states no turnover. The gross margin fell from €6,856 in 2007 to -€35,557 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HARDIES
- What is the company number of HARDIES?
- The company number of HARDIES is 0429.281.220. The VAT number is the same number with BE in front: BE 0429.281.220.
- Where is HARDIES based?
- The registered office is at Markt 72, 2400 Mol.Company details
- What does HARDIES do?
- According to the KBO register, the main activity is retail trade (NACE 47260).
- What is the legal form of HARDIES?
- HARDIES is a private limited company (BV).
- When was HARDIES founded?
- HARDIES was founded on 04-09-1986.
- Is HARDIES still active?
- Yes, HARDIES is an active enterprise in the KBO register.
- What is the turnover of HARDIES?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is HARDIES profitable?
- In financial year 2025, HARDIES made a loss of €35,874.
- Where can I find the annual accounts of HARDIES?
- HARDIES filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HARDIES due?
- HARDIES must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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