HARSIM

Active

Private limited companyfounded 201511 yrs activeSchaluin 64, 3200 Aarschot, BelgiumKBO/BCE: BE 0604.999.094

Summary

HARSIM has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €16k and a net result of €2k. Its solvency ranks better than 80% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

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Checked score

Score 2024

64 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes

Profitability60

Solvency95

Growth-

Track record85

Bankruptcy probability, 12 months

1.3% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity ample (current ratio 3.32; short-term debt: 30.1% and cash: 0.5% of total assets), and 30.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

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 2024

Solvency, return and age of the figures

Solvency

69.9%

Return on assets

8.9%

Age of the figures

21 mo

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

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 1 filing

Deviation from the deadline

2024

29 d late

← before the deadline after the deadline →

Checked, nothing found (1)

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 2024, micro schema

Turnover

€192k

EBIT margin

2.7%

Net result

€2k

Working capital

€16k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Equity and liabilities €22k

69.9%

30.1%

Equity €16k

Debt €7k

Debt finances 30.1% of the balance-sheet total.

Key figures and ratios

2024 value

Current ratio

3.32

Quick ratio

0.25

Debt to equity

0.43

ROE

12.8%

ROA

8.9%

Debt ≤ 1 year

€7k

Income taxes

€1k

Filed annual accounts As filed with the NBB · 2024 · 32 lines

Balance sheet Code2024

Assets

Total assets20/58€22k

Current assets29/58€22k

Stocks and contracts in progress3€21k

Stocks30/36€21k

Amounts receivable within one year40/41€2k

Trade receivables40€1k

Other amounts receivable41€398

Cash at bank and in hand54/58€102

Equity and liabilities

Total equity and liabilities10/49€22k

Equity10/15€16k

Contributions10/11€1k

Profit (loss) carried forward14€14k

Amounts payable17/49€7k

Amounts payable within one year42/48€7k

Taxes, remuneration and social security45€6k

Taxes450/3€6k

Other amounts payable47/48€650

Income statement Code2024

Turnover70€192k

Goods, raw materials, services and sundry goods60/61€186k

Other operating charges640/8€2k

Gross operating margin9900€7k

Operating profit (loss)9901€5k

Financial income75/76B€0

Recurring financial income75€0

Financial charges65/66B€2k

Recurring financial charges65€2k

Profit (loss) for the period before taxes9903€3k

Income taxes67/77€1k

Profit (loss) for the period9904€2k

Profit (loss) for the period to be appropriated9905€2k

Appropriation of the result

Profit (loss) to be appropriated9906€14k

Profit (loss) brought forward from the previous period14P€12k

The notes to these accounts (1 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

All 1Filings 1

2025

29-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 29 days late

NBB filing

Directors · office · real estate

Directors

3 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, Aarschot · 2 establishment units since 2015

establishment All 2 establishment units on the map

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.

Schaluin 643200 Aarschot

Ground area

305 m²

Building footprint

212 m²

Volume, LiDAR

1,828 m³

2 parcels, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

HARSIM

Schaluin 64, 3200 AarschotRetail sale of cosmetics and toilet articles

since 20152.250.969.726

HARSIM 2

Schaluin 109, 3200 AarschotNon-specialised retail sale with food, beverages or tobacco predominating

since 20252.370.773.139

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24001B0175/00E000	Flanders	240 m²	1 · 146 m²	12.3 m · 3 fl.
24001B0012/00W000	Flanders	66 m²	1 · 66 m²	11.9 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

2 sites

Aarschot2.250.969.726

1 permission

Toelating · Detailhandel · since 14-04-2016

Aarschot2.370.773.139

1 permission

Toelating · Detailhandel · since 14-08-2026

Similar companies · same sector, comparable size

TS Retail

BE 0748.846.136

Sint-Truiden · Eq €15,640

Zaventem · Eq €15,633

Sint-Pieters-Leeuw · Eq €15,700

Of 10,519 companies in sector 47110 we hold annual accounts for 5,857. 3,940 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

Founded17-03-2015

Fiscal year end31-12

Activities, NACEBEL 2025

47110Non-specialised retail sale with food, beverages or tobacco predominating

47210Retail sale of fruit and vegetables

47241Retail sale of bread and pastry (bakery outlets)

47252Retail sale of beverages, general range

47260Retail trade

47271Retail trade

47279Other retail sale of food

47789Other retail sale of new goods

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

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