HARP
ActiveHARP has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36k and a net result of €-37k. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 16% of 9380 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
12
/ 100
Critical▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency8▼-24
Growth32=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.24 against 0.37 in 2024), and 88.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.9%
Return on assets
-12.2%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€37k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9380 sector peers (2025).
NBB · sector comparisonPosition among 9380 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
30 d late
2023
60 d late
2022
153 d late
2021
60 d late
2020
153 d late
2019
100 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€36k▼ 50.7%
2024 · €72k
2018: €85k
2019: €87k
2020: €95k
2021: €97k
2022: €88k
2023: €88k
2024: €72k
2018 → 2025
Total assets
€301k▲ 17.0%
2024 · €257k
2018: €145k
2019: €120k
2020: €241k
2021: €202k
2022: €216k
2023: €240k
2024: €257k
2018 → 2025
Net result
€-37k▼ 142%
2024 · €-15k
2018: €9k
2019: €1k
2020: €9k
2021: €1k
2022: €-8k
2023: €-582
2024: €-15k
2018 → 2025
Working capital
€-201k▼ 71.9%
2024 · €-117k
2018: €21k
2019: €31k
2020: €-105k
2021: €-74k
2022: €-85k
2023: €-88k
2024: €-117k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€97k-€88k▼ 8.7%€88k▼ 0.7%€72k▼ 17.3%€36k▼ 50.7%
Operating result€4k-€-8k€97€-15k€-37k▼ 149%
Net result€1k-€-8k€-582▲ 93.0%€-15k▼ 2,510%€-37k▼ 142%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €37k in 2025 against €15k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €301k
Fixed assets
€237k▲ 25.0%
Current assets
€64k▼ 5.3%
Equity and liabilities €301k
Equity
€36k▼ 50.7%
Debt
€265k▲ 43.6%
The debt ratio rises from 71.9% to 88.1%: debt grows while equity shrinks.
Key figures and ratios
Solvency
11.9%▼
2024 · 28.1%
Current ratio
0.24▼
2024 · 0.37
Quick ratio
0.24▼
2024 · 0.37
Debt / equity
7.43▲
2024 · 2.55
ROE
-102.8%▼
2024 · -21.0%
ROA
-12.2%▼
2024 · -5.9%
Debt
€265k▲
2024 · €185k
Debt ≤ 1 year
€265k▲
2024 · €185k
Income taxes
€-293▼
2024 · €181
Staff costs
€21k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€257k€301k▲
Fixed assets21/28€189k€237k▲
Tangible fixed assets22/27€189k€237k▲
Land and buildings22€169k€215k▲
Plant, machinery and equipment23€3k€3k=
Furniture and vehicles24€11k€12k▲
Other tangible fixed assets26€6k€6k=
Financial fixed assets28€250€250=
Current assets29/58€68k€64k▼
Amounts receivable within one year40/41€47k€57k▲
Trade receivables40€44k€53k▲
Other amounts receivable41€4k€5k▲
Current investments50/53€20k€2k▼
Cash at bank and in hand54/58€202€3k▲
Deferred charges and accrued income490/1€198€2k▲
Equity and liabilities
Total equity and liabilities10/49€257k€301k▲
Equity10/15€72k€36k▼
Contributions10/11€56k€56k=
Reserves13€16k-
Distributable reserves133€16k-
Profit (loss) carried forward14-€-20k
Amounts payable17/49€185k€265k▲
Amounts payable within one year42/48€185k€265k▲
Trade debts44€21k€438▼
Suppliers440/4€21k€438▼
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€5k€3k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€157k€262k▲
Income statement
Code20242025
Remuneration, social security and pensions62€4k€21k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€-9k€-15k▼
Operating profit (loss)9901€-15k€-37k▼
Financial charges65/66B€184€170▼
Recurring financial charges65€184€170▼
Profit (loss) for the period before taxes9903€-15k€-37k▼
Income taxes67/77€181€-293▼
Profit (loss) for the period9904€-15k€-37k▼
Profit (loss) for the period to be appropriated9905€-15k€-37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-37k▼
Transfer from equity791/2€15k€16k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
2023
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 153 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
2020
08-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 100 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 89 days late
2017
15-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 15 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2024
VAN AELST Henk
CurrentDirector (executive) · since 17-12-2024
17-12-2024
Appointed as Director (executive)
Location & real-estate footprint
Registered office, Heist-op-den-Berg · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
L. Carréstraat(HAL) 342220 Heist-op-den-BergGround area
1,802 m²
Building footprint
157 m²
Volume, LiDAR
623 m³
Parcel 12011B0084/00R000, Flanders · tallest building 6.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Van Aels Henk
since 20032.134.252.792
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12011B0084/00R000 | Flanders | 1,802 m² | 1 · 157 m² | 6.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
2023 · 1 entry · 2,657 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,657 EUR | 0 EUR |
Schemes
Onderzoekspremie voor beschermde monumenten en landschappen
Similar companies · same sector, comparable size
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BE 0473.985.946
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REAL ESTATE BELGICA
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REAL ESTATE PASSION
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LACANTE INVEST
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Avelgem · Eq €36k
Of 9,094 companies in sector 68201 we hold annual accounts for 6,725. 2,886 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-04-2003
Fiscal year end31-12
Trade name NL
HARP.HOMES
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
71111Activities of building architects
74201Photography, excluding press photography
68121Development of residential building projects
68122Development of non-residential building projects
46180Agents specialised in the wholesale of other particular products
47721Retail sale of footwear
62010Computer programming, consultancy and related activities
62100Computer programming
66210Risk and damage evaluation
68310Real estate agency activities
68311Real estate activities
68321Property management for co-owned buildings (syndics)
68322Real estate activities
71113Urban planning and landscape architecture
85599Other education
86909Human health activities
86995Nutrition and dietetics services
90031Arts creation and performing arts activities
90111Literary creation
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:henk@henkvanaelst.be