HARIKRISHNATECH
ActiveHARIKRISHNATECH has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €164k. Equity is growing by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 15% of 2685 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency26▼-61
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.8%
Return on assets
42.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 2685 sector peers (2025).
NBB · sector comparisonPosition among 2685 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
28 d late
2024
5 d late
2023
30 d late
2022
32 d late
2021
19 d late
2020
7 d early
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3k▼ 98.4%
2024 · €183k
2020: €69k
2021: €93k
2022: €78k
2023: €147k
2024: €183k
2020 → 2025
Total assets
€384k▲ 29.9%
2024 · €296k
2020: €91k
2021: €103k
2022: €183k
2023: €276k
2024: €296k
2020 → 2025
Net result
€164k▲ 88.5%
2024 · €87k
2020: €66k
2021: €24k
2022: €51k
2023: €93k
2024: €87k
2020 → 2025
Working capital
€-6k
2024 · €165k
2020: €64k
2021: €90k
2022: €53k
2023: €118k
2024: €165k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€93k-€78k▼ 15.6%€147k▲ 88.0%€183k▲ 24.4%€3k▼ 98.4%
Operating result€44k-€65k▲ 46.7%€105k▲ 61.2%€121k▲ 15.5%€222k▲ 83.8%
Net result€24k-€51k▲ 115%€93k▲ 80.6%€87k▼ 6.0%€164k▲ 88.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 84% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €384k
Fixed assets
€9k▼ 46.7%
Current assets
€375k▲ 34.8%
Equity and liabilities €384k
Equity
€3k▼ 98.4%
Debt
€381k▲ 238%
The debt ratio rises from 38.2% to 99.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€234k▲
2024 · €132k
Cash flow
€176k▲
2024 · €98k
Solvency
0.8%▼
2024 · 61.8%
Current ratio
0.98▼
2024 · 2.46
Quick ratio
0.98▼
2024 · 2.46
ROA
42.8%▲
2024 · 29.5%
Interest coverage
2207.78▲
2024 · 1781.58
Debt
€381k▲
2024 · €113k
Debt ≤ 1 year
€381k▲
2024 · €113k
Income taxes
€58k▲
2024 · €34k
A ratio outside any meaningful range has been withheld (balance sheet total €384k, equity €3k).
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€296k€384k▲
Fixed assets21/28€18k€9k▼
Tangible fixed assets22/27€17k€9k▼
Furniture and vehicles24€17k€9k▼
Financial fixed assets28€260€260=
Current assets29/58€278k€375k▲
Amounts receivable within one year40/41€23k€7k▼
Trade receivables40€23k€7k▼
Cash at bank and in hand54/58€255k€367k▲
Equity and liabilities
Total equity and liabilities10/49€296k€384k▲
Equity10/15€183k€3k▼
Contributions10/11€3k€3k=
Capital10€3k€3k=
Issued capital100€3k€3k=
Profit (loss) carried forward14€180k-
Amounts payable17/49€113k€381k▲
Amounts payable within one year42/48€113k€381k▲
Trade debts44€19k€22k▲
Suppliers440/4€19k€22k▲
Taxes, remuneration and social security45€50k€14k▼
Taxes450/3€44k€14k▼
Remuneration and social security454/9€6k-
Other amounts payable47/48€44k€346k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Other operating charges640/8€1k€994▼
Gross operating margin9900€133k€235k▲
Operating profit (loss)9901€121k€222k▲
Financial charges65/66B€74€106▲
Recurring financial charges65€74€106▲
Profit (loss) for the period before taxes9903€121k€222k▲
Income taxes67/77€34k€58k▲
Profit (loss) for the period9904€87k€164k▲
Profit (loss) for the period to be appropriated9905€87k€164k▲
Appropriation of the result
Profit (loss) to be appropriated9906€231k€344k▲
Profit (loss) brought forward from the previous period14P€144k€180k▲
Profit to be distributed694/7€51k€344k▲
Return on contributions (dividend)694€51k€344k▲
The notes to these accounts (7 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Highest result since 2020net €164k ▲88.5%
Operating result €222k, net result €164k, both a record.
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-12
Financial
Equity above €150kEq €183k ▲24.4%
5 profitable years in a row build equity to €183k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Equity above €100kEq €147k ▲88%
4 profitable years in a row build equity to €147k.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Weakest financial yearnet €24k ▼63.7%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 9.47
Current ratio from 3.85 to 9.47; short-term debt falls from €22k to €11k.
24-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2019
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.
Haagbeukenlaan 141200 Sint-Lambrechts-WoluweGround area
3.4 ha
Building footprint
2,001 m²
Volume, LiDAR
83,545 m³
2 parcels, Brussels · tallest building 48.3 m, ±15 floors. Linked by address, not a title deed.
1 establishment unit
HARIKRISHNATECH
since 20192.296.514.887
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0143/02D000 | Brussels | 2.3 ha | 1 · 1,185 m² | 48.1 m · 15 fl. |
| 21018A0123/00F000 | Brussels | 1.1 ha | 1 · 816 m² | 48.3 m · 14 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
MENSAERT
BE 0700.781.646
Oostkamp · Eq €3k
TECHALLY
BE 0727.648.567
Incourt · Eq €3k
Increment
BE 0728.601.444
Rotselaar · Eq €3k
WHIZZKIDZ
BE 0730.666.158
Oostende · Eq €3k
SmarTIC
BE 0732.626.944
Eghezée · Eq €3k
Of 30,000 companies in sector 62200 we hold annual accounts for 18,392. 4,269 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-09-2019
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
58290Other software publishing
62010Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.