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HARMAN BELGIUM

Active
Public limited companyfounded 1967active for 59 yearsDrukpersstraat 4, 1000 Brussel, Belgium261 active companies are registered at this addressKBO/BCE: BE 0403.996.288

From the official registers: KBO 48 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

HARMAN BELGIUM has been active since 1967 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.3m and a net result of €798,184. Equity has been growing by about 42% per year since 2018. Its solvency ranks better than 81% of 384 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 22-04-1967 Normal situation
Legal form
Public limited company
Registered office
Drukpersstraat 4, 1000 Brussel
Activity
Manufacture of machinery and equipment not elsewhere classified NACE 28230and 1 other
Establishment unit
2.183.149.997 1000 Brussel, since 01-07-2009
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
Auditor
KPMG Bedrijfsrevisoren BV
Shareholders

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€5.6m
▼ 8.6%
Turnover
≈ €9.6m
estimated
Profit
€798,184
▲ 32.7%
Equity
€4.3m
▲ 22.7%
Total assets
€6.6m
▲ 20.2%
Staff
27.5 FTE
▼ 4.2%
2025 accounts filed 17 days before the deadline
Filed on 14-07-2026at the National Bank
Score breakdownraises riskLiquidity: current ratio 2.87, cash €0lowers riskSize: 27.5 FTE, total assets €6.6mFounded in 1967Profit of €798,184 (financial year 2025)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 68% of small companies in machinery and equipment (NACE 28)
Financial strength · tick: 2024
Strong
Solvency 90+1
equity 65.2% of total assets
Liquidity 35+1
short-term debt 34.4% · cash 0.0%
Profitability 84+2
return on assets 12.1%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (291 companies, NACE 28, small)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.2 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026highest value 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €400,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.87 (2.75 in 2024), above the usual 1.5. Short-term debt is 34.4% and cash 0% of total assets. 34.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 28, small). It does better than 80% of them on solvency, 33% on liquidity, 79% on profitability and 82% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 2.87, cash €0
NBB · annual accounts
lowers risk · Size: 27.5 FTE, total assets €6.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1967
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Profit of €798,184 (financial year 2025)
NBB · annual accounts
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
2 days early
2023
26 days early
2022
5 days early
2021
1 day late
2020
25 days early
2019
17 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 8 days before the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 4th oldest company in the Brussels-Capital Region, Machinery and equipment sectorin the Checked rankings No. 4 View
  • Board changedlatest change 15-07-2026 · 4 in office 1 joined · 1 left View
  • Positive: Result rose in 2025from €601,411 to €798,184 ▲ 32.7% View
  • Positive: 5 profitable years in a rowprofit 2025: €798,184 5 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Documents

Annual accounts at the NBB

All 48 annual accounts

Articles and registers

Key facts about HARMAN BELGIUM

What is the company number of HARMAN BELGIUM?
The company number of HARMAN BELGIUM is 0403.996.288. The VAT number is the same number with BE in front: BE 0403.996.288.
Where is HARMAN BELGIUM based?
The registered office is at Drukpersstraat 4, 1000 Brussel.Company details
What does HARMAN BELGIUM do?
According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28230).
What is the legal form of HARMAN BELGIUM?
The legal form of HARMAN BELGIUM is Public limited company (NV).
When was HARMAN BELGIUM founded?
HARMAN BELGIUM was founded on 22-04-1967.
Is HARMAN BELGIUM still active?
Yes, HARMAN BELGIUM is an active enterprise in the KBO register.
How many employees does HARMAN BELGIUM have?
HARMAN BELGIUM had an average of 27.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of HARMAN BELGIUM?
The turnover in financial year 2025 is ≈ €9.6m. This figure is estimated from the gross margin of €5.6m and 1,586 comparable companies of the same size. It probably lies between €6.5m and €16.0m. It is a rough estimate.
Is HARMAN BELGIUM profitable?
In financial year 2025, HARMAN BELGIUM made a profit of €798,184.
Where can I find the annual accounts of HARMAN BELGIUM?
HARMAN BELGIUM filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of HARMAN BELGIUM due?
HARMAN BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as HARMAN BELGIUM: manufacture of machinery and equipment not elsewhere classified (NACE 28230). They are comparable in size and age: total assets between €1.1m and €27m, founded between 1960 and 1997.

CompanyTotal assetsGross margin
HARMAN BELGIUM Brussel€6.6m€5.6m
STAEDTLER BENELUX Puurs-Sint-Amands€2.6m-
C.P. Bourg Mont-Saint-Guibert€26.7m-
AMANO EUROPE Genk€19.5m-
MOTRONICS Braine-le-Château€3.1m€0.6m
BUMICO Hove€1.1m€0.3m
SOLID SYSTEMS Kruisem€1.5m€0.5m
Full comparison

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