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HARRAS NETWORK

Active
Private limited companyfounded 199927 yrs activeWetstraat 32, 2060 Antwerpen, BelgiumKBO/BCE: BE 0466.015.615
Summary

HARRAS NETWORK has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €150k and a net result of €8k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 90% of 480 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
85 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+5
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 3.46 against 2.4 in 2024; short-term debt: 8.3% and cash: 12.8% of total assets), and 8.3% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
91.7%
Return on assets
5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 filings
Deviation from the deadline
2025
28 d late
2024
56 d late
2023
328 d late
2022
23 d late
2021
30 d late
2020
39 d late
2019
74 d late
← before the deadline after the deadline →
Checked, nothing found (2)
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 months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€150k▲ 5.7%
2024 · €142k
2018: €104k 2019: €113k 2020: €120k 2021: €127k 2022: €132k 2023: €140k 2024: €142k
2018 → 2025
Total assets
€163k▲ 5.1%
2024 · €155k
2018: €202k 2019: €179k 2020: €174k 2021: €182k 2022: €154k 2023: €162k 2024: €155k
2018 → 2025
Net result
€8k▲ 563%
2024 · €1k
2018: €15k 2019: €9k 2020: €6k 2021: €7k 2022: €5k 2023: €9k 2024: €1k
2018 → 2025
Working capital
€33k▲ 74.6%
2024 · €19k
2018: €-20k 2019: €-14k 2020: €-11k 2021: €-3k 2022: €6k 2023: €12k 2024: €19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€127k-€132k▲ 3.7%€140k▲ 6.7%€142k▲ 0.9%€150k▲ 5.7%
Operating result€13k-€8k▼ 38.0%€14k▲ 81.8%€2k▼ 83.3%€12k▲ 410%
Net result€7k-€5k▼ 37.7%€9k▲ 88.4%€1k▼ 86.1%€8k▲ 563%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5k€10k€15kOperating result 2021: €13k€13kNet result 2021: €7k€7kOperating result 2022: €8k€8kNet result 2022: €5k€5kOperating result 2023: €14k€14kNet result 2023: €9k€9kOperating result 2024: €2k€2kNet result 2024: €1k€1kOperating result 2025: €12k€12kNet result 2025: €8k€8k20212022202320242025€0€5k€10k€15kOperating result 2023: €14k€14kNet result 2023: €9k€8.8kOperating result 2024: €2k€2.4kNet result 2024: €1k€1.2kOperating result 2025: €12k€12kNet result 2025: €8k€8.1k202320242025
The operating result recovers in 2025; 2025 is 410% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €163k
Fixed assets €117k ▼ 5.0%
Current assets €47k ▲ 43.0%
Equity and liabilities €163k
Equity €150k ▲ 5.7%
Debt €14k ▼ 1.1%
Debt's share of the balance-sheet total falls from 8.8% to 8.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€18k
2024 · €8k
Cash flow
€14k
2024 · €7k
Current ratio
3.46
2024 · 2.40
Debt to equity
0.09
2024 · 0.10
ROE
5.4%
2024 · 0.9%
ROA
5.0%
2024 · 0.8%
Interest coverage
97.54
2024 · 60.96
Debt ≤ 1 year
€14k
2024 · €14k
Income taxes
€4k
2024 · €998
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€155k€163k
Fixed assets21/28€123k€117k
Tangible fixed assets22/27€122k€116k
Land and buildings22€122k€116k
Furniture and vehicles24€545€23
Financial fixed assets28€250€250=
Current assets29/58€33k€47k
Amounts receivable within one year40/41€8k€26k
Trade receivables40€3k€19k
Other amounts receivable41€5k€7k
Current investments50/53€153€154
Cash at bank and in hand54/58€24k€21k
Equity and liabilities
Total equity and liabilities10/49€155k€163k
Equity10/15€142k€150k
Contributions10/11€31k€31k=
Capital10€31k€31k=
Issued capital100€31k€31k=
Reserves13€93k€101k
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Tax-exempt reserves132€14k€14k=
Distributable reserves133€76k€84k
Profit (loss) carried forward14€18k€18k=
Amounts payable17/49€14k€14k
Amounts payable within one year42/48€14k€14k
Trade debts44€6k€2k
Suppliers440/4€6k€2k
Taxes, remuneration and social security45€8k€12k
Taxes450/3€8k€12k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€545€318
Other operating charges640/8€3k€3k
Gross operating margin9900€12k€21k
Operating profit (loss)9901€2k€12k
Financial income75/76B-€554
Recurring financial income75-€554
Financial charges65/66B€139€186
Recurring financial charges65€139€186
Profit (loss) for the period before taxes9903€2k€12k
Income taxes67/77€998€4k
Profit (loss) for the period9904€1k€8k
Profit (loss) for the period to be appropriated9905€1k€8k
Appropriation of the result
Profit (loss) to be appropriated9906€19k€26k
Profit (loss) brought forward from the previous period14P€18k€18k=
Transfer to equity691/2€1k€8k
To other reserves6921€1k€8k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
25-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
24-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 328 days late
2024
31-12
Financial Weakest financial yearnet €1k ▼86.1%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
2023
23-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
08-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 39 days late
2020
13-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 74 days late
2019
21-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 52 days late
2018
07-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are 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, Antwerpen · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
180 m²
Building footprint
116 m²
Volume, LiDAR
1,277 m³
Parcel 11808H0586/00V002, Flanders · tallest building 17.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
HARRAS
Wetstraat 32, 2060 AntwerpenNACE 5248701
since 19992.091.318.020
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11808H0586/00V002 Flanders 180 m² 1 · 116 m² 17.6 m · 4 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.

Similar companies · same sector, comparable size

Of 2,725 companies in sector 63100 we hold annual accounts for 1,271. 976 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded07-05-1999
Fiscal year end31-12
Abbreviation NL HARRAS
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
47400Retail sale of information and communication equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.