Hardwerken
ActiveHardwerken has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €163k and a net result of €-4k. Equity is growing by ~36.1% per year across the filed fiscal years. Its solvency ranks better than 48% of 202 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
65
/ 100
Healthy▼ -21 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-38
Solvency98▲+2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 3.11 against 2.96 in 2023), and 43.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 60
Relative position
BE, all sectors
reference
Sector 60
lower
← 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 2024Solvency, return and age of the figures
Solvency
56.8%
Return on assets
-1.3%
Age of the figures
20 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
91 d late
2023
78 d late
2022
71 d late
2021
106 d late
2020
106 d late
2019
143 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€163k▼ 2.3%
2023 · €167k
2018: €8k
2019: €53k
2020: €66k
2021: €97k
2022: €155k
2023: €167k
2018 → 2024
Total assets
€288k▼ 9.2%
2023 · €317k
2018: €316k
2019: €334k
2020: €249k
2021: €259k
2022: €322k
2023: €317k
2018 → 2024
Net result
€-4k
2023 · €13k
2018: €-19k
2019: €45k
2020: €13k
2021: €31k
2022: €58k
2023: €13k
2018 → 2024
Working capital
€91k▼ 8.0%
2023 · €98k
2018: €2k
2019: €21k
2020: €16k
2021: €32k
2022: €81k
2023: €98k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€66k-€97k▲ 46.0%€155k▲ 59.5%€167k▲ 8.2%€163k▼ 2.3%
Operating result€27k-€50k▲ 87.5%€85k▲ 67.9%€25k▼ 70.0%€8k▼ 69.8%
Net result€13k-€31k▲ 135%€58k▲ 88.9%€13k▼ 78.1%€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 70% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €288k
Fixed assets
€154k▼ 8.2%
Current assets
€134k▼ 10.2%
Equity and liabilities €288k
Equity
€163k▼ 2.3%
Debt
€124k▼ 16.9%
The debt ratio falls from 47.2% to 43.2%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€22k▼
2023 · €40k
Cash flow
€10k▼
2023 · €27k
Solvency
56.8%▲
2023 · 52.8%
Current ratio
3.11▲
2023 · 2.96
Quick ratio
3.11▲
2023 · 2.96
Debt / equity
0.76▼
2023 · 0.89
ROE
-2.3%▼
2023 · 7.5%
ROA
-1.3%▼
2023 · 4.0%
Interest coverage
2.39▼
2023 · 6.38
Debt
€124k▼
2023 · €150k
Debt ≤ 1 year
€43k▼
2023 · €50k
Debt > 1 year
€51k▼
2023 · €69k
Income taxes
€2k▼
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€317k€288k▼
Fixed assets21/28€168k€154k▼
Tangible fixed assets22/27€168k€154k▼
Land and buildings22€154k€143k▼
Plant, machinery and equipment23€955€707▼
Furniture and vehicles24€13k€10k▼
Financial fixed assets28€28€28=
Current assets29/58€149k€134k▼
Amounts receivable within one year40/41€143k€118k▼
Trade receivables40€95k€60k▼
Other amounts receivable41€48k€58k▲
Cash at bank and in hand54/58€5k€12k▲
Deferred charges and accrued income490/1€667€3k▲
Equity and liabilities
Total equity and liabilities10/49€317k€288k▼
Equity10/15€167k€163k▼
Contributions10/11€6k€6k=
Reserves13€160k€160k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€158k€158k=
Profit (loss) carried forward14€962€-3k▼
Amounts payable17/49€150k€124k▼
Amounts payable after more than one year17€69k€51k▼
Financial debts170/4€69k€51k▼
Amounts payable within one year42/48€50k€43k▼
Current portion of amounts payable after more than one year42€19k€18k▼
Trade debts44€4k€12k▲
Suppliers440/4€4k€12k▲
Taxes, remuneration and social security45€27k€13k▼
Taxes450/3€23k€13k▼
Remuneration and social security454/9€4k-
Accrued charges and deferred income492/3€31k€31k=
Income statement
Code20232024
Non-recurring operating income76A€14k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€14k▼
Other operating charges640/8€1k€3k▲
Gross operating margin9900€41k€24k▼
Operating profit (loss)9901€25k€8k▼
Financial income75/76B-€5
Recurring financial income75-€5
Financial charges65/66B€6k€9k▲
Recurring financial charges65€6k€9k▲
Profit (loss) for the period before taxes9903€19k€-1k▼
Income taxes67/77€7k€2k▼
Profit (loss) for the period9904€13k€-4k▼
Profit (loss) for the period to be appropriated9905€13k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€-3k▼
Profit (loss) brought forward from the previous period14P€858€962▲
Transfer to equity691/2€13k-
To other reserves6921€13k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 91 days late
2024
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 78 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Highest result since 2018net €58k ▲88.9%
Operating result €85k, net result €58k, both a record.
31-12
Financial
Equity above €150kEq €155k ▲59.5%
4 profitable years in a row build equity to €155k.
14-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 106 days late
2021
14-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 106 days late
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 143 days late
2019
31-12
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
28-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Leuven · 1 establishment unit since 2005
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.
Spechtenstraat 183010 LeuvenGround area
1,314 m²
Building footprint
226 m²
Volume, LiDAR
1,550 m³
Parcel 24051B0200/00R002, Flanders · tallest building 20.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HARDWERKEN
since 20052.145.481.533
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24051B0200/00R002 | Flanders | 1,314 m² | 1 · 226 m² | 20.1 m · 2 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
GINGER
BE 0467.119.435
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ROCKFM
BE 0478.154.669
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SOUND BITES
BE 0479.924.920
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Digitale Radio Vlaanderen
BE 0713.705.511
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ALLIANCE DU SAVOIR-FAIRE ET LOGISTIQUE
BE 0461.648.833
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Of 331 companies in sector 60100 we hold annual accounts for 79. 54 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-12-2004
Fiscal year end31-12
Activities, NACEBEL
60100Programming, broadcasting, news agency and other content distribution activities
92201
59114Motion picture, video and television programme production, sound recording and music publishing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.