Debts
€577,234 79% of the balance sheet
Financial debts 81%Suppliers 9%Taxes and wages 5%Other 5%
Of this, €111,492 falls due within a year.
HARMONY
Lifetime
18 annual accounts with figures on one time axis, 22 filings since 2004peak €324,927 (2021)
€277,750▲ 26.9%
lowest -€6,925 (2017)
€19,416▲ €23,995
peak €220,104 (2021)
€154,497▲ 14.4%
€577,234▼ 2.3%
peak 4.2 FTE (2025)
4.2 FTE▲ 5.0%
Board2 names since 2003
1 directorVAN ROEY KRIS
Owners
100%KRIS VAN ROEY
Documentsfilings and deeds
03-08-20263 days late
2025abbreviated format
Gross margin from €218,822 to €277,750Back to profit: €19,416Equity from €135,081 to €154,497
Key points
from the 2025 annual accountsChecked score
87
Excellent
Financially stronger than 58% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.8%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 0.3%▼ -0.5 percentage points vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
Equity €154,497 (21.1% of total assets)
lowers risk
Founded in 2003
Liquidity: current ratio 2.22, cash €111,621
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 47, micro). It does better than 37% of them on solvency, 72% on liquidity, 55% on profitability and 67% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,984 companies had the same profile as HARMONY has now. Each dot stands for 10 companies, two years later.
96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HARMONY itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,448 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 3,984 companies, not a prediction for HARMONY. 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
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.22 (2.2 in 2024), above the usual 1.5. Short-term debt is 15.2% and cash 15.3% of total assets. However, 78.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
3 days late
2024
3 days early
2023
on the day
2022
13 days early
2021
2 days early
2020
5 days early
2019
21 days early
← 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 6 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 29 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
VR
VAN ROEY KRIS
Director, since 01-12-2003
- KRIS VAN ROEY 100%annual accounts 2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0862011977
Amendment of the articles · Legal-form change · Resignations & appointments
“Een volwaardig postpunt van Bpost met volledige loketfunctie : Verzenden van brieven,pakjes ,verkopen van…” (deed in Dutch) · Director in office: Van Roey Kristiaan Louis Rita Maria · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 28-09-2023 · Gazette deed
Incorporation
published on 12-12-2003 · Gazette deed
First establishment
Liersesteenweg (Kessel) 21, Nijlen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HARMONY Nijlen | €731,731 | €277,750 | 21.1% | 4.2 |
| ALBORA Arendonk | €842,150 | €275,604 | 33.5% | 4.5 |
| TRAPOL Haacht | €740,532 | €259,937 | -17.6% | 3.5 |
| DE GROENE WATERMAN Antwerp | €660,411 | €348,865 | 78.2% | 4.9 |
| LE PETIT BOTANIQUE Ganshoren | €795,672 | €318,092 | 54.3% | 3.9 |
| COPIE CONFORME Comines-Warneton | €606,898 | €268,765 | 34.7% | 3.6 |
| Librairie PAPYRUS Namur | €778,615 | €365,601 | 28.2% | 3.7 |
These companies have the same main activity as HARMONY: retail sale of newspapers and periodicals (NACE 47621). They are comparable in size and age: total assets between €607,000 and €842,000, founded between 1997 and 2006.
Official details
Source: KBO- Status
- Active since 04-12-2003Normal situation
- Activity
- Retail sale of newspapers and periodicalsNACE 47621
- Joint committee
- 201Independent retail · annual accounts 2025
- Establishment unit
- 2.134.864.7832560 Nijlen, since 01-12-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 15-10-2025
Annual accounts 2025
- ≈ €1.9mestimated
- €731,731▲ 0.8%
- Employeeson 31-12-2025
- 3▼ 40.0%
- Filing
- Filed on 03-08-2026
Insights on HARMONY
HARMONY files the abbreviated format. That format states no turnover. The gross margin rose from €60,576 in 2008 to €277,750 in 2025.
The balance sheet grew most from 2016 to 2017 through fixed assets, financed with long-term debt.
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 HARMONY
- What is the company number of HARMONY?
- The company number of HARMONY is 0862.011.977. The VAT number is the same number with BE in front: BE 0862.011.977.
- Where is HARMONY based?
- The registered office is at Liersesteenweg (Kessel) 21, 2560 Nijlen.Company details
- What does HARMONY do?
- According to the KBO register, the main activity is retail sale of newspapers and periodicals (NACE 47621).
- What is the legal form of HARMONY?
- HARMONY is a private limited company (BV).
- When was HARMONY founded?
- HARMONY was founded on 04-12-2003.
- Is HARMONY still active?
- Yes, HARMONY is an active enterprise in the KBO register.
- How many employees does HARMONY have?
- HARMONY had an average of 4.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does HARMONY fall under?
- In its 2025 annual accounts, HARMONY states joint committee 201 (Independent retail).
- What is the turnover of HARMONY?
- The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €277,750 and 214 comparable companies (NACE 47). It probably lies between €1.0m and €2.9m.
- Is HARMONY profitable?
- In financial year 2025, HARMONY made a profit of €19,416.
- Where can I find the annual accounts of HARMONY?
- HARMONY filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HARMONY due?
- HARMONY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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