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HARIPAN

Active
Private limited companyfounded 196858 yrs activeHeirweg 97, 8710 Wielsbeke, BelgiumKBO/BCE: BE 0405.419.715
Summary

HARIPAN has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €600,750 and a net result of -€1,204. Equity remains stable across the filed fiscal years (±0.7% per year). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability37▼-2
Solvency69▼-31
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 1.79 against 73.04 in 2023; short-term debt: 55.9% and cash: 53.1% of total assets), but 55.9% of the assets are financed with debt.
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Signals

Four 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 58 years 0 60 y
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 2024
Solvency, return and age of the figures
Solvency
44.1%
Return on assets
-0.1%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
about 8% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 d early
2024
64 d early
2023
51 d early
2022
29 d early
2021
28 d early
2020
26 d early
2019
42 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 39 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 1 January 1968, HARIPAN was incorporated.1 Total assets went from EUR 1.3 million in 2019 to EUR 1.4 million in 2024 and headcount from 3 full-time equivalents in 2019 to 3 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2023 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€600,750▼ 55.6%
2023 · €1.4m
Total assets
€1.4m▼ 0.8%
2023 · €1.4m
Net result
-€1,204
2023 · €8,709
Working capital
€600,626▼ 55.6%
2023 · €1.4m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€2,679▼ 363%€6,461-€288-€3,292▼ 1,041%-€23,907▼ 626%
Net result€9,840within the sector's middle half▼ 31.2%€17,738within the sector's middle half▲ 80.3%€8,838within the sector's middle half▼ 50.2%€8,709within the sector's middle half▼ 1.5%-€1,204below the sector's middle half
Equity€1.3mabove the sector's middle half▲ 0.8%€1.3mabove the sector's middle half▲ 1.3%€1.3mwithin the sector's middle half▲ 0.7%€1.4mabove the sector's middle half▲ 0.6%€600,750within the sector's middle half▼ 55.6%
Total assets€1.3mwithin the sector's middle half▲ 0.4%€1.4mwithin the sector's middle half▲ 1.9%€1.4mwithin the sector's middle half▲ 0.9%€1.4mwithin the sector's middle half▲ 0.5%€1.4mwithin the sector's middle half▼ 0.8%
Debt€9,638▼ 34.2%€17,273▲ 79.2%€20,731▲ 20.0%€19,499▼ 5.9%€760,395▲ 3,800%
Working capital€1.3mabove the sector's middle half▲ 0.8%€1.3mabove the sector's middle half▲ 1.4%€1.3mabove the sector's middle half▲ 0.7%€1.4mabove the sector's middle half▲ 0.7%€600,626within the sector's middle half▼ 55.6%
Solvency99.3%above the sector's middle half▲ 0.4pp98.7%above the sector's middle half▼ 0.6pp98.5%above the sector's middle half▼ 0.2pp98.6%above the sector's middle half▲ 0.1pp44.1%within the sector's middle half▼ 54.4pp
Current ratio81.81above the sector's middle half67.90above the sector's middle half▼ 13.9173.04above the sector's middle half▲ 5.151.79within the sector's middle half▼ 71.25
Return on assets (ROA)0.7%within the sector's middle half▼ 0.3pp1.3%within the sector's middle half▲ 0.6pp0.6%below the sector's middle half▼ 0.7pp0.6%within the sector's middle half=-0.1%below the sector's middle half▼ 0.7pp
Staff (FTE)3below the sector's middle half=3below the sector's middle half=3within the sector's middle half=3within the sector's middle half=0below the sector's middle half▼ 100%
above within below the middle half (P25 to P75) of NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2020: -€2,679-€2,679Net result 2020: €9,840€9,840Operating result 2021: €6,461€6,461Net result 2021: €17,738€17,738Operating result 2022: -€288-€288Net result 2022: €8,838€8,838Operating result 2023: -€3,292-€3,292Net result 2023: €8,709€8,709Operating result 2024: -€23,907-€23,907Net result 2024: -€1,204-€1,20420202021202220232024-€30,000-€20,000-€10,000€0€10,000Operating result 2022: -€288-€288Net result 2022: €8,838€8,840Operating result 2023: -€3,292-€3,290Net result 2023: €8,709€8,710Operating result 2024: -€23,907-€23,900Net result 2024: -€1,204-€1,200202220232024
The operating result stays negative: a loss of €23,907 in 2024 against €3,292 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.4m
Fixed assets €124 =
Current assets €1.4m ▼ 0.8%
Equity and liabilities €1.4m
Equity €600,750 ▼ 55.6%
Debt €760,395 ▲ 3,800%
Debt's share of the balance-sheet total rises from 1.4% to 55.9%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Quick ratio
1.59▼
2023 · 64.86
Debt to equity
1.27▲
2023 · 0.01
ROE
-0.2%▼
2023 · 0.6%
Debt ≤ 1 year
€760,395▲
2023 · €18,774
Income taxes
€795▼
2023 · €2,079
Staff costs
€225,045▲
2023 · €135,584
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.1% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 8,611 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.4m€1.4m▼
Fixed assets21/28€124€124=
Financial fixed assets28€124€124=
Current assets29/58€1.4m€1.4m▼
Amounts receivable after more than one year29€232,132€270,463▲
Other amounts receivable291€232,132€270,463▲
Stocks and contracts in progress3€153,589€151,371▼
Stocks30/36€153,589€151,371▼
Amounts receivable within one year40/41€142,465€216,126▲
Trade receivables40€23,202€49,318▲
Other amounts receivable41€119,263€166,808▲
Cash at bank and in hand54/58€842,378€722,852▼
Deferred charges and accrued income490/1€765€210▼
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.4m▼
Equity10/15€1.4m€600,750▼
Contributions10/11€74,400€74,400=
Reserves13€1.3m€526,350▼
Non-distributable reserves130/1€7,440€0▼
Reserves not available under the articles1311€7,440€0▼
Tax-exempt reserves132€2,542€2,542=
Distributable reserves133€1.3m€523,808▼
Profit (loss) carried forward14-€0
Amounts payable17/49€19,499€760,395▲
Amounts payable within one year42/48€18,774€760,395▲
Trade debts44€1,578€2,057▲
Suppliers440/4€1,578€2,057▲
Taxes, remuneration and social security45€17,196€8,338▼
Taxes450/3€4,228€1,249▼
Remuneration and social security454/9€12,969€7,089▼
Other amounts payable47/48-€750,000
Accrued charges and deferred income492/3€725€0▼
Income statement Code20232024
Remuneration, social security and pensions62€135,584€225,045▲
Other operating charges640/8€1,333€2,110▲
Gross operating margin9900€133,626€203,248▲
Operating profit (loss)9901-€3,292-€23,907▼
Financial income75/76B€14,294€23,722▲
Recurring financial income75€14,294€23,722▲
Financial charges65/66B€214€224▲
Recurring financial charges65€214€224▲
Profit (loss) for the period before taxes9903€10,788-€409▼
Income taxes67/77€2,079€795▼
Profit (loss) for the period9904€8,709-€1,204▼
Profit (loss) for the period to be appropriated9905€8,709-€1,204▼
Appropriation of the result
Profit (loss) to be appropriated9906€8,709-€1,204▼
Transfer from equity791/2-€751,204
Transfer to equity691/2€8,709€0▼
To other reserves6921€8,709€0▼
Profit to be distributed694/7-€750,000
Return on contributions (dividend)694-€750,000
Social balance
Average headcount (FTE)90873.00.0▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62--€130,547€135,584€225,045▲ 66.0%
Other operating charges640/8--€1,278€1,333€2,110▲ 58.3%
Gross operating margin9900€106,195€120,908€131,536€133,626€203,248▲ 52.1%
Operating profit (loss)9901-€2,679€6,461-€288-€3,292-€23,907▼ 626%
Financial income75/76B--€9,324€14,294€23,722▲ 66.0%
Recurring financial income75€13,340€11,547€9,324€14,294€23,722▲ 66.0%
Financial charges65/66B--€198€214€224▲ 4.9%
Recurring financial charges65€821€269€198€214€224▲ 4.9%
Profit (loss) for the period before taxes9903€9,840€17,738€8,838€10,788-€409▼ 104%
Income taxes67/77---€2,079€795▼ 61.8%
Profit (loss) for the period9904€9,840€17,738€8,838€8,709-€1,204▼ 114%
Profit (loss) for the period to be appropriated9905€9,840€17,738€8,838€8,709-€1,204▼ 114%
Line20202021202220232024Change
Assets
Total assets20/58€1.3m€1.4m€1.4m€1.4m€1.4m▼ 0.8%
Fixed assets21/28€124€124€124€124€124=
Financial fixed assets28€124€124€124€124€124=
Current assets29/58€1.3m€1.4m€1.4m€1.4m€1.4m▼ 0.8%
Amounts receivable after more than one year29--€173,964€232,132€270,463▲ 16.5%
Other amounts receivable291--€173,964€232,132€270,463▲ 16.5%
Stocks and contracts in progress3€164,371€163,971€163,971€153,589€151,371▼ 1.4%
Stocks30/36--€163,971€153,589€151,371▼ 1.4%
Amounts receivable within one year40/41€75,320€96,372€96,409€142,465€216,126▲ 51.7%
Trade receivables40--€16,496€23,202€49,318▲ 113%
Other amounts receivable41--€79,913€119,263€166,808▲ 39.9%
Cash at bank and in hand54/58€840,462€836,416€928,750€842,378€722,852▼ 14.2%
Deferred charges and accrued income490/1--€758€765€210▼ 72.5%
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.4m€1.4m€1.4m€1.4m▼ 0.8%
Equity10/15€1.3m€1.3m€1.3m€1.4m€600,750▼ 55.6%
Contributions10/11€0-€74,400€74,400€74,400=
Reserves13€1.2m€1.3m€1.3m€1.3m€526,350▼ 58.8%
Non-distributable reserves130/1--€7,440€7,440€0▼ 100%
Reserves not available under the articles1311--€7,440€7,440€0▼ 100%
Tax-exempt reserves132--€2,542€2,542€2,542=
Distributable reserves133--€1.3m€1.3m€523,808▼ 58.7%
Profit (loss) carried forward14----€0-
Amounts payable17/49€9,638€17,273€20,731€19,499€760,395▲ 3,800%
Amounts payable within one year42/48€8,985€16,522€20,087€18,774€760,395▲ 3,950%
Trade debts44€657€0€3,033€1,578€2,057▲ 30.4%
Suppliers440/4--€3,033€1,578€2,057▲ 30.4%
Taxes, remuneration and social security45--€17,054€17,196€8,338▼ 51.5%
Taxes450/3--€2,974€4,228€1,249▼ 70.5%
Remuneration and social security454/9--€14,080€12,969€7,089▼ 45.3%
Other amounts payable47/48----€750,000-
Accrued charges and deferred income492/3--€643€725€0▼ 100%
Line20202021202220232024Change
Profit (loss) for the period9904€9,840€17,738€8,838€8,709-€1,204▼ 114%
Operating cash flow (approximation)€9,840€17,738€8,838€8,709-€1,204▼ 114%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€4,046€92,334-€86,372-€119,526▼ 38.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet -€1,204
Net result drops to -€1,204, the lowest in the series.
2023
11-12
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
02-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
03-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial Highest result since 2019net €17,738 ▲80.3%
Operating result €6,461, net result €17,738, both a record.
05-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
20-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
07-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
14-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
11-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Wielsbeke · 1 establishment unit since 1966
seat establishment The establishment unit on the map
Ground area
1.7 ha
Building footprint
1.7 ha
Parcel 37014A0434/00T000, Flanders. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
HARIPAN
Heirweg 97, 8710 WielsbekeNACE 20101
since 19662.001.005.377
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37014A0434/00T000 Flanders 1.7 ha 1 · 1.7 ha -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. HARINCK TRADING, PRODUCTION, MARKETING, SALES, DEVELOPMENT AND RESEARCH 99.87%
  2. HARIPAN

Highest known parent: HARINCK TRADING, PRODUCTION, MARKETING, SALES, DEVELOPMENT AND RESEARCH. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 105 companies in sector 16210 we hold annual accounts for 75. 49 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
16210Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
16230Manufacture of other builders' carpentry and joinery
E-invoicing
Reachable via Peppol
Peppol ID 0208:0405419715
Also 9925:BE0405419715
Registered 27-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.