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Hartis Terrazzo

Active
Private limited companyfounded 2008active for 18 yearsRoosbloemstraat 26, 9860 Oosterzele, BelgiumKBO/BCE: BE 0806.426.821
Summary

The computed 12-month bankruptcy probability of Hartis Terrazzo is 4.5% (elevated). The 2025 annual accounts show equity of €120,231 and a net result of -€55,411. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 29% of 9,849 sector peers (NACE 43, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
Hartis TerrazzoActiveChecked score 36/100
Risk analysis ReportCompare

Overview

Activity
Other specialised construction activities
NACE 43990Screed work NACE 43422
1 site
Size
≈ €1.1mturnover 2025, estimated
Staff
3.8 FTE
Equity
€120,231
Loss
-€55,411
Turnover estimated from the gross margin
Financial health
36 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.5%
Structure
Parent
INGENIEUR KOENRAAD BOEL · 100%
2025 accounts filed 115 days late2 of 3 deeds summarised
Why 36raises riskLoss of €55,411 (financial year 2025)Last filed accounts filed 116 days late; 1 of the last 3 late1 change of registered office in 24 monthsSize: 3.8 FTE, total assets €447,108Show the evidence

Checked score

Score 2025
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 16% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 52-8
equity 26.9% of total assets
Liquidity 25-4
short-term debt 72.9% · cash 11.6%
Profitability 3-34
return on assets -12.4%
Bankruptcy probability, 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,663 companies, NACE 43, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 1.1%▲ +0.2 percentage points vs 12-2024 02-2025: 0.5%▼ -0.6 percentage points vs 01-2025lowest value 03-2025: 0.5%● unchanged vs 02-2025lowest value 04-2025: 0.5%● unchanged vs 03-2025lowest value 05-2025: 0.5%● unchanged vs 04-2025lowest value 06-2025: 0.5%● unchanged vs 05-2025lowest value 07-2025: 0.5%● unchanged vs 06-2025lowest value 08-2025: 0.9%▲ +0.4 percentage points vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 1.1%▲ +0.2 percentage points vs 09-2025 11-2025: 1.3%▲ +0.2 percentage points vs 10-2025 12-2025: 1.2%▼ -0.1 percentage points vs 11-2025 01-2026: 1.4%▲ +0.2 percentage points vs 12-2025 02-2026: 2.1%▲ +0.7 percentage points vs 01-2026 03-2026: 2.7%▲ +0.6 percentage points vs 02-2026 04-2026: 4.3%▲ +1.6 percentage points vs 03-2026 05-2026: 4.4%▲ +0.1 percentage points vs 04-2026 06-2026: 4.2%▼ -0.2 percentage points vs 05-2026 07-2026: 4.2%● unchanged vs 06-2026 08-2026: 4.2%● unchanged vs 07-2026 09-2026: 4.2%● unchanged vs 08-2026 10-2026: 4.5%▲ +0.3 percentage points vs 09-2026highest value
Credit of up to €4,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.35, compared with 1.52 in 2024, below the usual 1.5; short-term debt: 72.9% and cash: 11.6% of total assets), and 73.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 28% on solvency, 15% on liquidity, 9% on profitability and 13% on growth.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
raises risk
raises risk · Loss of €55,411 (financial year 2025)
NBB · annual accounts
raises risk · Last filed accounts filed 116 days late; 1 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Size: 3.8 FTE, total assets €447,108
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 2025 accounts filed 115 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-05-2026, 115 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
115 days late
2024
39 days early
2023
on the day
2022
4 days early
2021
on the day
2020
11 days early
2019
51 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end30-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Permanent representative: Koenraad BoelRegistered-office move · Power of…
  3. Weakest financial yearnet -€55,411

Key points

  • Caution: From profit to loss in 2025after €11,440 in 2024 -€55,411 View
  • Caution: Among the weakest 6% on net resultsector median €26,903 · 9,841 companies -€55,411 View
  • Caution: Latest accounts filed lateafter the legal deadline 115 days View
  • Controlled by INGENIEUR KOENRAAD BOEL 100% View
  • Flemish supportawarded from 2022 to 2024 €51,163 View

By topic

Financials

Financial year
2025
Total assets
€447,108
Loss
-€55,411
Solvency
26.9%
Total assets▼ 10.4%
Net result
20192025
Go to Financials

Board & ownership

Board
2 members
Parent
INGENIEUR KOENRAAD BOEL · 100%
  • INGENIEUR KOENRAAD BOELDirector
  • HOFMAN Peter Eduard JulietteDirector
Go to Board & ownership

Timeline

Events
21
Since
2011
Next accounts
by 31-01-2027
  1. 23-12-2024Annual accounts filed
  2. 30-06-2024Back to profit
  3. 31-01-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
18-09-2008
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
28
Who signs
Each director alone
Annual meeting
Last Friday of October at 18:00
Purpose
“Overige werkzaamheden in verband met afwerking van industriële,commerciële en particuliere…” (deed in Dutch)
Go to Articles of association

Key facts about Hartis Terrazzo

What is the company number of Hartis Terrazzo?
0806.426.821. In Belgium the VAT number is the company number with BE in front: BE 0806.426.821.
Where is Hartis Terrazzo based?
The registered office is at Roosbloemstraat 26, 9860 Oosterzele.Company details
What does Hartis Terrazzo do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of Hartis Terrazzo?
Private limited company (BV).
When was Hartis Terrazzo founded?
On 18-09-2008.
Is Hartis Terrazzo still active?
Yes, Hartis Terrazzo is an active enterprise in the KBO register.
How many employees does Hartis Terrazzo have?
On average 3.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Hartis Terrazzo?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Hartis Terrazzo profitable?
In financial year 2025, Hartis Terrazzo made a loss of €55,411.
Where can I find the annual accounts of Hartis Terrazzo?
Hartis Terrazzo filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Hartis Terrazzo due?
By 31-01-2027, for financial year 2026.Timeline

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