HART
ActiveSummary
HART has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€10,047) and a net result of €2,610. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 9% of 2021 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
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Signals
This company filed its last 7 accounts on average 43 days before the deadline; the sector median for financial year 2024 is 4 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 3,639 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €854 | €678 | €882 | €620 | ▼ 29.7% |
| Non-recurring operating charges66A | - | - | €8,220 | - | - | - |
| Gross operating margin9900 | €20,970 | €18,500 | -€4,778 | €6,322 | €3,353 | ▼ 47.0% |
| Operating profit (loss)9901 | €9,302 | €17,646 | -€13,676 | €5,440 | €2,733 | ▼ 49.8% |
| Financial charges65/66B | - | €77 | €797 | €46 | €46 | = |
| Recurring financial charges65 | €87 | €77 | €797 | €46 | €46 | = |
| Profit (loss) for the period before taxes9903 | €9,215 | €17,569 | -€14,473 | €5,394 | €2,687 | ▼ 50.2% |
| Income taxes67/77 | €5,262 | €131 | €70 | €58 | €77 | ▲ 32.8% |
| Profit (loss) for the period9904 | €3,953 | €17,438 | -€14,543 | €5,336 | €2,610 | ▼ 51.1% |
| Profit (loss) for the period to be appropriated9905 | €3,953 | €17,438 | -€14,543 | €5,336 | €2,610 | ▼ 51.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1,676 | €19,438 | €4,689 | €10,016 | €14,040 | ▲ 40.2% |
| Current assets29/58 | €1,676 | €19,438 | €4,689 | €10,016 | €14,040 | ▲ 40.2% |
| Amounts receivable within one year40/41 | €1,344 | €118 | €3,180 | €8,111 | €12,671 | ▲ 56.2% |
| Trade receivables40 | - | - | €2,500 | €8,000 | €12,537 | ▲ 56.7% |
| Other amounts receivable41 | - | €118 | €680 | €111 | €134 | ▲ 20.7% |
| Cash at bank and in hand54/58 | €332 | €19,320 | €1,509 | €1,905 | €1,369 | ▼ 28.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1,676 | €19,438 | €4,689 | €10,016 | €14,040 | ▲ 40.2% |
| Equity10/15 | -€20,888 | -€3,450 | -€17,993 | -€12,657 | -€10,047 | ▲ 20.6% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Profit (loss) carried forward14 | -€39,438 | -€22,000 | -€36,543 | -€31,207 | -€28,597 | ▲ 8.4% |
| Amounts payable17/49 | €22,564 | €22,888 | €22,682 | €22,673 | €24,087 | ▲ 6.2% |
| Amounts payable within one year42/48 | €22,564 | €22,888 | €22,682 | €22,673 | €24,087 | ▲ 6.2% |
| Trade debts44 | €1,364 | €1,557 | €1,612 | €1,615 | €3,011 | ▲ 86.4% |
| Suppliers440/4 | - | €1,557 | €1,612 | €1,615 | €3,011 | ▲ 86.4% |
| Taxes, remuneration and social security45 | - | €131 | €70 | €58 | €76 | ▲ 31.0% |
| Taxes450/3 | - | €131 | €70 | €58 | €76 | ▲ 31.0% |
| Other amounts payable47/48 | - | €21,200 | €21,000 | €21,000 | €21,000 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,953 | €17,438 | -€14,543 | €5,336 | €2,610 | ▼ 51.1% |
| Operating cash flow (approximation) | €3,953 | €17,438 | -€14,543 | €5,336 | €2,610 | ▼ 51.1% |
| Change in cash | - | €18,988 | -€17,811 | €396 | -€536 | ▼ 235% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062B0373/00X000 | Flanders | 1,935 m² | 1 · 265 m² | 10.4 m · 2 fl. |
| 44082A0006/00Z000 | Flanders | 258 m² | 1 · 241 m² | 13.1 m · 2 fl. |
Linked by address, not proof of ownership
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Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.