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HARLEKIN

Active
Public limited companyfounded 199630 yrs activeRue J. Wettinck 57, 4101 Seraing, BelgiumKBO/BCE: BE 0457.084.091
Summary

HARLEKIN has been active since 1996 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €314,864 and a net result of €5,295. Equity is growing by ~2.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability70▲+54
Solvency100=
Growth52=
Track record92
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity ample (current ratio 3.24 against 3.95 in 2024; short-term debt: 23.4% and cash: 0% of total assets), and 23.4% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 30 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
76.6%
Return on assets
1.3%
Age of the figures
12 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
156 d late
2023
352 d late
2022
2 d late
2021
123 d late
2020
329 d late
2019
694 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 237 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawn
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline

History

On 24 January 1996, HARLEKIN was incorporated.1 Total assets went from EUR 283,205 in 2018 to EUR 411,257 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5,295
2024 · -€7,638
Working capital
€216,129▲ 5.3%
2024 · €205,278
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€3,990▼ 87.4%€37,459▲ 839%-€6,759-€6,704▲ 0.8%€15,362
Net result€4,535▼ 77.9%€27,048▲ 496%-€6,945-€7,638▼ 10.0%€5,295
Equity€298,314▲ 1.5%€324,152▲ 8.7%€317,207▼ 2.1%€309,569▼ 2.4%€314,864▲ 1.7%
Total assets€404,393▼ 1.4%€416,020▲ 2.9%€392,446▼ 5.7%€379,502▼ 3.3%€411,257▲ 8.4%
Debt€106,080▼ 9.0%€91,868▼ 13.4%€75,239▼ 18.1%€69,932▼ 7.1%€96,393▲ 37.8%
Working capital€176,310▲ 6.3%€208,052▲ 18.0%€207,012▼ 0.5%€205,278▼ 0.8%€216,129▲ 5.3%
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2021: €3,990€3,990Net result 2021: €4,535€4,535Operating result 2022: €37,459€37,459Net result 2022: €27,048€27,048Operating result 2023: -€6,759-€6,759Net result 2023: -€6,945-€6,945Operating result 2024: -€6,704-€6,704Net result 2024: -€7,638-€7,638Operating result 2025: €15,362€15,362Net result 2025: €5,295€5,29520212022202320242025-€10,000€0€10,000€20,000Operating result 2023: -€6,759-€6,760Net result 2023: -€6,945-€6,940Operating result 2024: -€6,704-€6,700Net result 2024: -€7,638-€7,640Operating result 2025: €15,362€15,400Net result 2025: €5,295€5,300202320242025
The operating result returns to profit in 2025: €15,362 after a loss of €6,704 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €411,257
Fixed assets €98,735 ▼ 5.6%
Current assets €312,522 ▲ 13.7%
Equity and liabilities €411,257
Equity €314,864 ▲ 1.7%
Debt €96,393 ▲ 37.8%
Debt's share of the balance-sheet total rises from 18.4% to 23.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€21,266▲
2024 · -€800
Cash flow
€11,199▲
2024 · -€1,734
Current ratio
3.24▼
2024 · 3.95
Debt to equity
0.31▲
2024 · 0.23
ROE
1.7%▲
2024 · -2.5%
ROA
1.3%▲
2024 · -2.0%
Interest coverage
13.08▲
2024 · -1.64
Debt ≤ 1 year
€96,393▲
2024 · €69,585
Income taxes
€8,442▲
2024 · €444
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 17,027 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 · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€379,502€411,257▲
Fixed assets21/28€104,639€98,735▼
Tangible fixed assets22/27€104,639€98,735▼
Land and buildings22€104,639€98,735▼
Current assets29/58€274,863€312,522▲
Amounts receivable within one year40/41€137,721€312,522▲
Trade receivables40-€0
Other amounts receivable41€137,721€312,522▲
Cash at bank and in hand54/58€0€0=
Deferred charges and accrued income490/1€137,142€0▼
Equity and liabilities
Total equity and liabilities10/49€379,502€411,257▲
Equity10/15€309,569€314,864▲
Contributions10/11€86,763€86,763=
Capital10€86,763€86,763=
Issued capital100€86,763€86,763=
Reserves13€8,676€8,676=
Non-distributable reserves130/1€8,676€8,676=
Legal reserve130€8,676€8,676=
Profit (loss) carried forward14€214,130€219,425▲
Amounts payable17/49€69,932€96,393▲
Amounts payable within one year42/48€69,585€96,393▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€8,640€10,851▲
Credit institutions430/8€8,640-
Other loans439-€10,851
Trade debts44€2,602€10,527▲
Suppliers440/4€2,602€10,527▲
Taxes, remuneration and social security45€4,119€10,791▲
Taxes450/3€4,119€10,791▲
Other amounts payable47/48€54,224€64,224▲
Accrued charges and deferred income492/3€348€0▼
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61-€6,600
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,904€5,904=
Other operating charges640/8€800€10,793▲
Gross operating margin9900€0€32,059▲
Operating profit (loss)9901-€6,704€15,362▲
Financial charges65/66B€489€1,626▲
Recurring financial charges65€489€1,626▲
Profit (loss) for the period before taxes9903-€7,193€13,737▲
Income taxes67/77€444€8,442▲
Profit (loss) for the period9904-€7,638€5,295▲
Profit (loss) for the period to be appropriated9905-€7,638€5,295▲
Appropriation of the result
Profit (loss) to be appropriated9906€214,130€219,425▲
Profit (loss) brought forward from the previous period14P€221,768€214,130▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Goods, raw materials, services and sundry goods60/61€4,323€3,706€605-€6,600-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,904€5,904€5,904€5,904€5,904=
Other operating charges640/8€7,371€6,102€250€800€10,793▲ 1,249%
Gross operating margin9900€17,265€49,465-€605€0€32,059-
Operating profit (loss)9901€3,990€37,459-€6,759-€6,704€15,362▲ 329%
Financial income75/76B€0€0----
Recurring financial income75€0€0----
Financial charges65/66B€1,189€474€186€489€1,626▲ 232%
Recurring financial charges65€1,189€474€186€489€1,626▲ 232%
Profit (loss) for the period before taxes9903€2,801€36,985-€6,945-€7,193€13,737▲ 291%
Income taxes67/77-€1,733€9,936-€444€8,442▲ 1,800%
Profit (loss) for the period9904€4,535€27,048-€6,945-€7,638€5,295▲ 169%
Profit (loss) for the period to be appropriated9905€4,535€27,048-€6,945-€7,638€5,295▲ 169%
Line20212022202320242025Change
Assets
Total assets20/58€404,393€416,020€392,446€379,502€411,257▲ 8.4%
Fixed assets21/28€122,351€116,447€110,543€104,639€98,735▼ 5.6%
Tangible fixed assets22/27€122,351€116,447€110,543€104,639€98,735▼ 5.6%
Land and buildings22€122,351€116,447€110,543€104,639€98,735▼ 5.6%
Current assets29/58€282,042€299,573€281,903€274,863€312,522▲ 13.7%
Amounts receivable within one year40/41€144,900€147,721€142,721€137,721€312,522▲ 127%
Trade receivables40--€0-€0-
Other amounts receivable41€144,900€147,721€142,721€137,721€312,522▲ 127%
Cash at bank and in hand54/58€0€14,710€2,040€0€0-
Deferred charges and accrued income490/1€137,142€137,142€137,142€137,142€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€404,393€416,020€392,446€379,502€411,257▲ 8.4%
Equity10/15€298,314€324,152€317,207€309,569€314,864▲ 1.7%
Contributions10/11€86,763€86,763€86,763€86,763€86,763=
Capital10€86,763€86,763€86,763€86,763€86,763=
Issued capital100€86,763€86,763€86,763€86,763€86,763=
Reserves13€8,676€8,676€8,676€8,676€8,676=
Non-distributable reserves130/1€8,676€8,676€8,676€8,676€8,676=
Legal reserve130€8,676€8,676€8,676€8,676€8,676=
Profit (loss) carried forward14€202,875€228,713€221,768€214,130€219,425▲ 2.5%
Amounts payable17/49€106,080€91,868€75,239€69,932€96,393▲ 37.8%
Amounts payable within one year42/48€105,732€91,520€74,891€69,585€96,393▲ 38.5%
Current portion of amounts payable after more than one year42€10,000€10,000€10,000€0--
Financial debts43€5,086--€8,640€10,851▲ 25.6%
Credit institutions430/8€5,086--€8,640--
Other loans439----€10,851-
Trade debts44€7,020€6,146€6,083€2,602€10,527▲ 305%
Suppliers440/4€7,020€6,146€6,083€2,602€10,527▲ 305%
Taxes, remuneration and social security45€45,626€37,374€15,808€4,119€10,791▲ 162%
Taxes450/3€45,626€37,374€15,808€4,119€10,791▲ 162%
Other amounts payable47/48€38,000€38,000€43,000€54,224€64,224▲ 18.4%
Accrued charges and deferred income492/3€348€348€348€348€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904€4,535€27,048-€6,945-€7,638€5,295▲ 169%
+ Depreciation and write-downs630€5,904€5,904€5,904€5,904€5,904=
Operating cash flow (approximation)€10,439€32,952-€1,041-€1,734€11,199▲ 746%
Investment in fixed assets (approximation)-€0€0€0-€0-
Change in cash-€14,710-€12,670-€2,040€0▲ 100%

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 30-04-2027
2026
30-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
03-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 156 days late
30-09
Financial Back to profitnet €5,295
Net result €5,295 after 2 loss-making years.
17-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 352 days late
2024
30-09
Financial Weakest financial yearnet -€7,638
Net result drops to -€7,638, the lowest in the series; recovery starts the following year.
2023
02-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
23-09
KBO administration Strikeout withdrawn
event 31-08-2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 123 days late
25-03
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 329 days late
25-03
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 694 days late
25-03
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 1060 days late
25-03
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 1425 days late
25-03
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 1790 days late
26-01
Bankruptcy Judicial dissolution and immediate closure
Tribunal de l’entreprise de Liège, division Liège
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Identification & contact

Identification
Legal formPublic limited company
Founded24-01-1996
Fiscal year end30-09
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

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