HARDIES
ActiveSummary
The annual accounts of HARDIES for financial year 2025 show a net loss of 52% of the equity at the start of that year. The 2025 annual accounts show equity of €23,871 and a net result of -€25,910. Equity has been shrinking by about 18% per year since 2018. If that trend continues, it turns negative around financial year 2027. Its solvency ranks better than 31% of 17,119 sector peers (NACE 68, financial year 2025). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Official details
Source: KBO- Status
- Active since 16-09-2013 Normal situation
- Activity
- Development of residential building projects NACE 68121and 2 others
- Establishment unit
- 2.222.018.887 9680 Maarkedal, since 16-09-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 09-09-2026
Board and ownership
- Hardies FrederikDirector · since 12-09-2013
- Sante KathyDirector · since 21-02-2022
- Holdings
- Shares in 2 companies Pegasus Energetisch Renoveren and JVL
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.2%
- Gross margin
- -€11,871
- ▲ 46.0%
- Loss
- €25,910
- ▼ 47.6%
- Equity
- €23,871
- ▼ 52.0%
- Total assets
- €280,263
- ▲ 159%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLast filed accounts filed 31 days late; 1 of the last 3 accounts lateLoss of €25,910, the second in a row (financial year 2025)Liquidity: current ratio 1.02, cash €1,460, halvedlowers riskSize: total assets €280,263Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro). It does better than 29% of them on solvency, 4% on liquidity, 11% on profitability and 11% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 34 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as HARDIES: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €250,000 and €364,000, founded between 2012 and 2014.
| Company | Total assets | Gross margin |
|---|---|---|
| HARDIES Maarkedal | €280,263 | -€11,871 |
| UNBUILT Gent | €280,035 | -€29,103 |
| CLARIS PROJECTS Deinze | €249,531 | -€6,352 |
| L.O.C.U.S. CONSTRUCT Gent | €364,152 | -€7,398 |
| LKP-IMMO Brussel | €278,678 | -€788 |
| WOONPROJECTEN CROUGHS Londerzeel | €277,498 | -€67,803 |
| KND-PROJEKT Lanaken | €274,670 | -€16,872 |
Key facts about HARDIES
- What is the company number of HARDIES?
- The company number of HARDIES is 0538.627.340. The VAT number is the same number with BE in front: BE 0538.627.340.
- Where is HARDIES based?
- The registered office is at Kokerellestraat 14, 9680 Maarkedal.Company details
- What does HARDIES do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of HARDIES?
- The legal form of HARDIES is Private limited company (BV).
- When was HARDIES founded?
- HARDIES was founded on 16-09-2013.
- 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 micro format does not require it.Financials
- Is HARDIES profitable?
- In financial year 2025, HARDIES made a loss of €25,910.
- Where can I find the annual accounts of HARDIES?
- HARDIES filed 12 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 31-07-2027.Timeline
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