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Harlo

Active Private limited companyfounded 2002active for 24 yearsStevoortweg 28, 3540 Herk-de-StadKBO/BCE: BE 0477.769.342 #4 oldest company in Herk-de-Stad, Other services sector

Lifetime

20 annual accounts with figures on one time axis, 23 filings since 2003
peak €187,378 (2024)
€181,673▼ 3.0%
lowest -€55,817 (2011)
-€2,218▼ €3,075
peak €76,156 (2008)
-€952▼ €2,218
€77,585▲ 56.9%
peak 7.3 FTE (2018)
-not published
Board1 name since 2021
1 director
Owners
  
Documentsfilings and deeds
20-08-202620 days late
2025micro format
Loss of €2,218Equity from €1,265 to -€952Debts from €49,457 to €77,585Investments €30,313

Key points

from the 2025 annual accounts

Equity

-€952
202020212022202320242025

Debts exceed assets in financial year 2025.

Turnover

≈ €320,000 estimated

The micro format states no turnover.

Debts

€77,585 101% of the balance sheet
Suppliers 54%Taxes and wages 34%Other 12%

Investments

€30,313 12.9 × depreciation
2021202320242025

Green is investment, beige is depreciation.

Staff

4.7 FTE from 7.3 in 2018

Between 2018 and 2025, 36% of the full-time equivalents disappeared.

Filings

23 annual accounts since 2003
AprilJune31 JulyOctober20102020

Six of the last ten came late. The 2024 accounts came latest: 29 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,795 companies had the same profile as Harlo has now. Each dot stands for 7 companies, two years later.

90.3%
were still trading
6.1%
stopped another way
2.1%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a small loss

Another 1.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,795 companies, not a prediction for Harlo. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

New establishment in Alken kappersgroep visa versa, Steenweg 117
2 establishments registered Herk-de-Stad and Hasselt
Registered in the Peppol Directory Reachable for e-invoices through 0208:0477769342
Company renamed from JELLY FASHION to Harlo Appointment: (statutory director) · Reappointment: (statutory director) · “Klein-en groothandel van schoonheidsproducten,reukwaren,toiletartikelen en alle andere artikelen die normaal…” (deed in Dutch) · General meeting of 20-12-2023 · Gazette deed
All 37 events

Comparable companies

same main activity, similar in size and age
Company
Harlo Herk-de-Stad €76,633 €181,673 -1.2% -
HSZ Herent €76,471 €151,708 49.3% -
SSC Two Bonheiden €74,630 €179,772 39.7% 3.7
Kristina T. Uccle €90,565 €158,128 26.7% -
FVHK Etterbeek €76,895 €142,917 62.9% -
KREHERK Herk-de-Stad €66,292 €147,349 17.1% 3.6
HAIR KIEWIT Heusden-Zolder €68,115 €103,908 64.1% 2.2

These companies have the same main activity as Harlo: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €66,300 and €90,600, founded between 1998 and 2006.

Official details

Source: KBO
Status
Active since 19-06-2002Normal situation
Activity
Hairdressing and barber servicesNACE 96210and 1 other
Joint committee
314Hairdressing and beauty care · annual accounts 2025
Establishment units
2.096.258.9812590 Berlaar, since 02-08-2002
2.218.201.3442050 Antwerp, since 15-07-2012and 3 others
Financial year end
31 December
Peppol
Reachable since 09-09-2025
Company details

Annual accounts 2025

€76,633▲ 51.1%
Filing
Filed on 20-08-2026
Financials

Insights on Harlo

Harlo files the micro format. That format states no turnover. The gross margin rose from €111,099 in 2006 to €181,673 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Harlo

What is the company number of Harlo?
The company number of Harlo is 0477.769.342. The VAT number is the same number with BE in front: BE 0477.769.342.
Where is Harlo based?
The registered office is at Stevoortweg 28, 3540 Herk-de-Stad.Company details
What does Harlo do?
According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
What is the legal form of Harlo?
Harlo is a private limited company (BV).
When was Harlo founded?
Harlo was founded on 19-06-2002.
Is Harlo still active?
Yes, Harlo is an active enterprise in the KBO register.
How many employees does Harlo have?
Harlo had an average of 4.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Harlo fall under?
In its 2025 annual accounts, Harlo states joint committee 314 (Hairdressing and beauty care).
What is the turnover of Harlo?
The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €181,673 and 38 comparable companies (NACE 96). It probably lies between €240,000 and €370,000.
Is Harlo profitable?
In financial year 2025, Harlo made a loss of €2,218.
Where can I find the annual accounts of Harlo?
Harlo filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Harlo due?
Harlo must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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