HARSHIT
ActiveSummary
The computed 12-month bankruptcy probability of HARSHIT is 3.1% (moderate). The 2025 annual accounts show equity of €162k and a net result of €124k. Equity is growing by ~98.4% per year across the filed fiscal years. Its solvency ranks better than 74% of 13305 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency84▼-7
Growth78=
Track record94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 2.19 against 2.65 in 2024; short-term debt: 41.3% and cash: 80.1% of total assets), and 41.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.7%
Return on assets
44.7%
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 19-08-2026, 19 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 · 4 filingsDeviation from the deadline
2025
19 d late
2024
25 d late
2023
24 d late
2022
29 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€162k▲ 83.0%
2024 · €89k
2022: €22k
2023: €31k
2024: €89k
2022 → 2025
Total assets
€276k▲ 105%
2024 · €135k
2022: €35k
2023: €52k
2024: €135k
2022 → 2025
Net result
€124k▲ 70.9%
2024 · €72k
2022: €12k
2023: €20k
2024: €72k
2022 → 2025
Working capital
€136k▲ 78.6%
2024 · €76k
2022: €7k
2023: €16k
2024: €76k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€22k-€31k▲ 43.8%€89k▲ 183%€162k▲ 83.0%
Operating result€12k-€23k▲ 90.0%€96k▲ 320%€154k▲ 59.3%
Net result€12k-€20k▲ 65.8%€72k▲ 270%€124k▲ 70.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 59% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €276k
Fixed assets
€26k ▲ 110%
Current assets
€250k ▲ 104%
Equity and liabilities €276k
Equity
€162k ▲ 83.0%
Debt
€114k ▲ 147%
Debt's share of the balance-sheet total rises from 34.3% to 41.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€160k▲
2024 · €104k
Cash flow
€130k▲
2024 · €80k
Current ratio
2.19▼
2024 · 2.65
Debt to equity
0.70▲
2024 · 0.52
ROE
76.2%▼
2024 · 81.6%
ROA
44.7%▼
2024 · 53.6%
Interest coverage
43.36▼
2024 · 43.52
Debt ≤ 1 year
€114k▲
2024 · €46k
Income taxes
€26k▲
2024 · €22k
Staff costs
€97k▲
2024 · €91k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€135k€276k▲
Fixed assets21/28€13k€26k▲
Tangible fixed assets22/27€13k€26k▲
Land and buildings22€3k€2k▼
Plant, machinery and equipment23€9k€10k▲
Furniture and vehicles24€596€14k▲
Current assets29/58€122k€250k▲
Amounts receivable within one year40/41€8k€29k▲
Trade receivables40-€17k
Other amounts receivable41€8k€12k▲
Cash at bank and in hand54/58€115k€221k▲
Deferred charges and accrued income490/1-€257
Equity and liabilities
Total equity and liabilities10/49€135k€276k▲
Equity10/15€89k€162k▲
Contributions10/11€10k€10k=
Outside capital11€10k-
Other1109/19€10k-
Reserves13€41k€91k▲
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€40k€90k▲
Profit (loss) carried forward14€38k€61k▲
Amounts payable17/49€46k€114k▲
Amounts payable within one year42/48€46k€114k▲
Trade debts44€121€4k▲
Suppliers440/4€121€4k▲
Taxes, remuneration and social security45€31k€61k▲
Taxes450/3€24k€54k▲
Remuneration and social security454/9€7k€6k▼
Other amounts payable47/48€15k€49k▲
Income statement
Code20242025
Remuneration, social security and pensions62€91k€97k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€6k▼
Other operating charges640/8€3k€808▼
Gross operating margin9900€199k€258k▲
Operating profit (loss)9901€96k€154k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€94k€150k▲
Income taxes67/77€22k€26k▲
Profit (loss) for the period9904€72k€124k▲
Profit (loss) for the period to be appropriated9905€72k€124k▲
Appropriation of the result
Profit (loss) to be appropriated9906€93k€161k▲
Profit (loss) brought forward from the previous period14P€20k€38k▲
Transfer to equity691/2€40k€50k▲
To other reserves6921€40k€50k▲
Profit to be distributed694/7€15k€50k▲
Directors or managers695€15k€50k▲
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
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
31-12
Financial
Highest result since 2022net €124k ▲70.9%
Operating result €154k, net result €124k, both a record.
31-12
Financial
Equity above €150kEq €162k ▲83%
4 profitable years in a row build equity to €162k.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Torhout · 1 establishment unit since 2022
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.
Zwanestraat 148820 TorhoutGround area
211 m²
Building footprint
307 m²
Volume, LiDAR
2,790 m³
Parcel 31033K0250/00H000, Flanders · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HARSHIT
since 20222.325.347.148
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31033K0250/00H000 | Flanders | 211 m² | 1 · 307 m² | 13.7 m · 3 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
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteTorhout2.325.347.148
Similar companies · same sector, comparable size
LA GRANDE MURAILLE DE CHINE DE LIEGE
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Liège · Eq €162,209
LINEAU
BE 0725.662.344
Wielsbeke · Eq €162,179
SNOOKER INN
BE 0432.397.195
Damme · Eq €162,325
DON PEPPE
BE 0465.679.083
Merelbeke-Melle · Eq €162,088
Thomai
BE 0759.581.660
Kluisbergen · Eq €162,361
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 8,941 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
Founded03-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56220Contract catering and other food service activities
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.