HARO
ActiveSummary
HARO has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €489k and a net result of €107k. Equity is growing by ~29.6% per year across the filed fiscal years. Its solvency ranks better than 42% of 804 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability78▲+1
Solvency57▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.83 against 1.33 in 2023; short-term debt: 16.6% and cash: 5.6% of total assets), but 67.6% of the assets are financed with debt.
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Signals
Three 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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
61 d early
2022
41 d early
2021
40 d early
2020
21 d late
2019
37 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2024, abbreviated schema
Equity
€489k▲ 27.9%
2023 · €382k
Total assets
€1.51M▼ 3.8%
2023 · €1.57M
Net result
€107k▲ 2.4%
2023 · €104k
Working capital
€208k▲ 37.1%
2023 · €152k
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
Line20202021202220232024
Operating result€41k▲ 46.5%€66k▲ 60.2%€142k▲ 115%€173k▲ 22.3%€197k▲ 13.8%
Net result€18k▲ 420%€40k▲ 116%€92k▲ 131%€104k▲ 13.2%€107k▲ 2.4%
Equity€146k▲ 14.4%€186k▲ 27.3%€278k▲ 49.6%€382k▲ 37.5%€489k▲ 27.9%
Total assets€758k▼ 9.5%€861k▲ 13.6%€936k▲ 8.7%€1.57M▲ 67.9%€1.51M▼ 3.8%
Debt€612k▼ 13.8%€675k▲ 10.3%€658k▼ 2.6%€1.19M▲ 80.7%€1.02M▼ 14.0%
Working capital€28k▲ 5,074%€102k▲ 261%€144k▲ 41.0%€152k▲ 5.8%€208k▲ 37.1%
Staff (FTE)1▼ 44.4%1.5▲ 50.0%1.8▲ 20.0%1.4▼ 22.2%1.5▲ 7.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 14% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.51M
Fixed assets
€1.05M ▲ 10.0%
Current assets
€459k ▼ 25.3%
Equity and liabilities €1.51M
Equity
€489k ▲ 27.9%
Debt
€1.02M ▼ 14.0%
Debt's share of the balance-sheet total falls from 75.7% to 67.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€364k▲
2023 · €290k
Cash flow
€273k▲
2023 · €221k
Current ratio
1.83▲
2023 · 1.33
Quick ratio
0.90▲
2023 · 0.82
Debt to equity
2.09▼
2023 · 3.11
ROE
21.8%▼
2023 · 27.3%
ROA
7.1%▲
2023 · 6.6%
Interest coverage
7.25▼
2023 · 7.93
Debt ≤ 1 year
€250k▼
2023 · €463k
Debt > 1 year
€771k▲
2023 · €725k
Income taxes
€40k▲
2023 · €33k
Staff costs
€92k▲
2023 · €87k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €26k | €37k | ▲ 46.5% |
| Remuneration, social security and pensions62 | - | €74k | €117k | €87k | €92k | ▲ 5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €73k | €84k | €91k | €116k | €167k | ▲ 43.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-3k | €9k | €-2k | €-529 | ▲ 78.6% |
| Other operating charges640/8 | - | €10k | €9k | €11k | €7k | ▼ 38.0% |
| Gross operating margin9900 | €176k | €231k | €368k | €385k | €462k | ▲ 19.8% |
| Operating profit (loss)9901 | €41k | €66k | €142k | €173k | €197k | ▲ 13.8% |
| Financial charges65/66B | - | €25k | €22k | €37k | €50k | ▲ 37.3% |
| Recurring financial charges65 | €22k | €25k | €22k | €37k | €50k | ▲ 37.3% |
| Profit (loss) for the period before taxes9903 | €19k | €41k | €120k | €137k | €147k | ▲ 7.5% |
| Income taxes67/77 | €817 | €1k | €28k | €33k | €40k | ▲ 23.7% |
| Profit (loss) for the period9904 | €18k | €40k | €92k | €104k | €107k | ▲ 2.4% |
| Profit (loss) for the period to be appropriated9905 | €18k | €40k | €92k | €104k | €107k | ▲ 2.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €758k | €861k | €936k | €1.57M | €1.51M | ▼ 3.8% |
| Fixed assets21/28 | €466k | €446k | €462k | €956k | €1.05M | ▲ 10.0% |
| Tangible fixed assets22/27 | €466k | €446k | €461k | €956k | €1.05M | ▲ 10.0% |
| Land and buildings22 | - | €175k | €175k | €164k | €153k | ▼ 6.6% |
| Plant, machinery and equipment23 | - | €111k | €83k | €142k | €155k | ▲ 8.7% |
| Furniture and vehicles24 | - | €26k | €99k | €138k | €94k | ▼ 32.0% |
| Leasing and similar rights25 | - | €117k | €91k | €203k | €191k | ▼ 5.8% |
| Other tangible fixed assets26 | - | €16k | €14k | €308k | €458k | ▲ 48.6% |
| Financial fixed assets28 | €552 | €552 | €552 | €552 | €552 | = |
| Current assets29/58 | €291k | €415k | €474k | €615k | €459k | ▼ 25.3% |
| Stocks and contracts in progress3 | €110k | €170k | €187k | €234k | €234k | ▼ 0.3% |
| Stocks30/36 | - | €170k | €187k | €234k | €234k | ▼ 0.3% |
| Amounts receivable within one year40/41 | €50k | €98k | €145k | €176k | €117k | ▼ 33.2% |
| Trade receivables40 | - | €72k | €134k | €142k | €103k | ▼ 27.9% |
| Other amounts receivable41 | - | €26k | €11k | €34k | €15k | ▼ 55.7% |
| Cash at bank and in hand54/58 | €113k | €130k | €126k | €186k | €85k | ▼ 54.4% |
| Deferred charges and accrued income490/1 | - | €17k | €16k | €18k | €23k | ▲ 28.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €758k | €861k | €936k | €1.57M | €1.51M | ▼ 3.8% |
| Equity10/15 | €146k | €186k | €278k | €382k | €489k | ▲ 27.9% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €5k | €5k | €259k | €364k | €470k | ▲ 29.4% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Tax-exempt reserves132 | - | €3k | €3k | €3k | €3k | = |
| Distributable reserves133 | - | - | €255k | €361k | €467k | ▲ 29.6% |
| Profit (loss) carried forward14 | €123k | €162k | - | - | - | - |
| Amounts payable17/49 | €612k | €675k | €658k | €1.19M | €1.02M | ▼ 14.0% |
| Amounts payable after more than one year17 | €348k | €361k | €327k | €725k | €771k | ▲ 6.2% |
| Financial debts170/4 | - | €361k | €327k | €725k | €771k | ▲ 6.2% |
| Amounts payable within one year42/48 | €263k | €313k | €330k | €463k | €250k | ▼ 45.9% |
| Current portion of amounts payable after more than one year42 | - | €79k | €83k | €104k | €123k | ▲ 18.2% |
| Financial debts43 | - | €150k | €100k | €100k | €5k | ▼ 94.9% |
| Credit institutions430/8 | - | €150k | €100k | €100k | €5k | ▼ 94.9% |
| Trade debts44 | €30k | €72k | €106k | €225k | €92k | ▼ 59.2% |
| Suppliers440/4 | - | €72k | €106k | €225k | €92k | ▼ 59.2% |
| Taxes, remuneration and social security45 | - | €8k | €37k | €28k | €21k | ▼ 22.9% |
| Taxes450/3 | - | €2k | €14k | €832 | €1k | ▲ 38.7% |
| Remuneration and social security454/9 | - | €6k | €23k | €27k | €20k | ▼ 24.9% |
| Other amounts payable47/48 | - | €4k | €4k | €6k | €9k | ▲ 61.1% |
| Accrued charges and deferred income492/3 | - | €720 | €60 | €562 | €539 | ▼ 4.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €40k | €92k | €104k | €107k | ▲ 2.4% |
| + Depreciation and write-downs630 | €73k | €84k | €91k | €116k | €167k | ▲ 43.1% |
| Operating cash flow (approximation) | €92k | €124k | €183k | €221k | €273k | ▲ 23.9% |
| Investment in fixed assets (approximation) | - | €-63k | €-107k | €-611k | €-262k | ▲ 57.1% |
| Change in cash | - | €17k | €-4k | €61k | €-101k | ▼ 267% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €107k ▲2.4%
Operating result €197k, net result €107k, both a record.
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €278k ▲49.6%
5 profitable years in a row build equity to €278k.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €150kEq €186k ▲27.3%
4 profitable years in a row build equity to €186k.
21-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 21 days late
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €4k ▼67.4%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ranst · 1 establishment unit since 1980
Ground area
1,188 m²
Building footprint
221 m²
Volume, LiDAR
963 m³
Parcel 11035B0201/00N003, Flanders · tallest building 8.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HARO
since 19802.017.628.209
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11035B0201/00N003 | Flanders | 1,188 m² | 1 · 221 m² | 8.7 m · 1 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 7,757 EUR awarded · 4,885 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 0 EUR | 0 EUR |
| 2024 | 1 | 7,181 EUR | 4,309 EUR |
| 2022 | 1 | 576 EUR | 576 EUR |
Schemes
Ecologiepremie+
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteRanst2.017.628.209
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Of 608 companies in sector 10520 we hold annual accounts for 235. 135 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
Founded22-05-1980
Fiscal year end31-12
Trade name NL
HARO ROOMIJS
Activities, NACEBEL 2025
10520Manufacture of food products
46391Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.