HARVENGT DEVELOPMENT & SERVICES
ActiveSummary
HARVENGT DEVELOPMENT & SERVICES has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €796k and a net result of €158k. Equity is growing by ~24.7% per year across the filed fiscal years. Its solvency ranks better than 90% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
97
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability91▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 11.83 against 5.08 in 2023; short-term debt: 8.3% and cash: 88.3% of total assets), and 8.3% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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 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 2024Solvency, return and age of the figures
Solvency
91.7%
Return on assets
18.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
37 d early
2022
12 d early
2021
48 d early
2020
30 d early
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€796k▲ 24.7%
2023 · €639k
2018: €215k
2019: €255k
2020: €335k
2021: €475k
2022: €593k
2023: €639k
2018 → 2024
Total assets
€869k▲ 10.5%
2023 · €786k
2018: €378k
2019: €330k
2020: €383k
2021: €589k
2022: €728k
2023: €786k
2018 → 2024
Net result
€158k▲ 15.8%
2023 · €136k
2018: €50k
2019: €40k
2020: €80k
2021: €140k
2022: €117k
2023: €136k
2018 → 2024
Working capital
€781k▲ 29.9%
2023 · €601k
2018: €179k
2019: €215k
2020: €285k
2021: €438k
2022: €532k
2023: €601k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€335k-€475k▲ 41.9%€593k▲ 24.7%€639k▲ 7.8%€796k▲ 24.7%
Operating result€112k-€207k▲ 85.6%€164k▼ 21.0%€199k▲ 21.3%€230k▲ 15.5%
Net result€80k-€140k▲ 74.6%€117k▼ 16.3%€136k▲ 15.9%€158k▲ 15.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 16% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €869k
Fixed assets
€16k ▼ 58.6%
Current assets
€853k ▲ 14.0%
Equity and liabilities €869k
Equity
€796k ▲ 24.7%
Debt
€72k ▼ 51.0%
Debt's share of the balance-sheet total falls from 18.8% to 8.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€254k▲
2023 · €224k
Cash flow
€182k▲
2023 · €161k
Current ratio
11.83▲
2023 · 5.08
Debt to equity
0.09▼
2023 · 0.23
ROE
19.8%▼
2023 · 21.3%
ROA
18.2%▲
2023 · 17.3%
Interest coverage
2552.94▲
2023 · 1025.91
Debt ≤ 1 year
€72k▼
2023 · €147k
Income taxes
€72k▲
2023 · €62k
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 · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€786k€869k▲
Fixed assets21/28€38k€16k▼
Tangible fixed assets22/27€38k€16k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€24k€5k▼
Other tangible fixed assets26€11k€9k▼
Current assets29/58€748k€853k▲
Amounts receivable within one year40/41€117€79k▲
Trade receivables40€117€64k▲
Other amounts receivable41€0€14k▲
Cash at bank and in hand54/58€737k€767k▲
Deferred charges and accrued income490/1€11k€7k▼
Equity and liabilities
Total equity and liabilities10/49€786k€869k▲
Equity10/15€639k€796k▲
Contributions10/11€6k€6k=
Reserves13€570k€727k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€570k€727k▲
Profit (loss) carried forward14€62k€63k▲
Amounts payable17/49€147k€72k▼
Amounts payable within one year42/48€147k€72k▼
Trade debts44€23k€29k▲
Suppliers440/4€23k€29k▲
Taxes, remuneration and social security45€24k€41k▲
Taxes450/3€22k€39k▲
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€100k€2k▼
Accrued charges and deferred income492/3€200€200=
Income statement
Code20232024
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€24k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€225k€255k▲
Operating profit (loss)9901€199k€230k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€218€99▼
Recurring financial charges65€218€99▼
Profit (loss) for the period before taxes9903€199k€230k▲
Income taxes67/77€62k€72k▲
Profit (loss) for the period9904€136k€158k▲
Profit (loss) for the period to be appropriated9905€136k€158k▲
Appropriation of the result
Profit (loss) to be appropriated9906€192k€220k▲
Profit (loss) brought forward from the previous period14P€56k€62k▲
Transfer from equity791/2€90k€0▼
Transfer to equity691/2€130k€157k▲
To other reserves6921€130k€157k▲
Profit to be distributed694/7€90k€0▼
Return on contributions (dividend)694€90k€0▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €158k ▲15.8%
Operating result €230k, net result €158k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 11.83
Current ratio from 5.08 to 11.83; short-term debt falls from €147k to €72k.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €500kEq €593k ▲24.7%
5 profitable years in a row build equity to €593k.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €40k ▼19%
Net result drops to €40k, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 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, Fernelmont · 1 establishment unit since 2009
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.
Rue des Fontaines, Nov. 155380 FernelmontGround area
2,037 m²
Building footprint
71 m²
Parcel 92096A0105/00P000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Harvengt Development & Services - HD & S
since 20092.182.593.931
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92096A0105/00P000 | Wallonia | 2,037 m² | 1 · 71 m² | - |
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
CONSOLID FINANCIAL SERVICES
BE 0699.563.109
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MUCRIVAL
BE 0430.407.608
Lasne · Eq €796,153
GBMV
BE 0838.455.726
Geel · Eq €796,601
LIVATO GROUP
BE 0545.988.056
Diest · Eq €796,118
A. Th. and Associates
BE 0430.121.061
Oupeye · Eq €796,662
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 30,269 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
Founded10-11-2009
Fiscal year end31-12
Abbreviation FR
HD&S
Activities, NACEBEL 2025
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:cedric.harvengt@hd-s.be