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Harvest

Active
Private limited company· 5 yrs active
Kortrijksesteenweg 48 ·9830 Sint-Martens-Latem, Belgium
KBO/BCE: BE 0758.912.360
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Age5 yrs
Board1
Connections10
Real estate1 parcel · 7,043 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Harvest is 2.1% (moderate). The 2024 annual accounts show equity of €7.07M and a net result of €49k. Equity is growing by ~32.2% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

2 signals · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-08-2025, 12 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.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 12-08-2025 12 d late 2025-00371278
31-12-2023 31-07-2024 14-08-2024 14 d late 2024-00344462
31-12-2022 31-07-2023 24-08-2023 24 d late 2023-00353370
31-12-2021 31-07-2022 25-08-2022 25 d late 2022-20322545

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.1% Moderate
0%0,5%1,5%4%10%≥25%
Young company +No NACE activity registered +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€49k+1028.2%
Working capital€2.30M+525.7%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 12-08-2025 with the NBB · fiscal year 2024 · verkort
€-300k€-200k€-100k€0Operating result 2021: €-264k€-264kNet result 2021: €-264k€-264kOperating result 2022: €-231k€-231kNet result 2022: €-231k€-231kOperating result 2023: €4k€4kNet result 2023: €4k€4kOperating result 2024: €-10k€-10kNet result 2024: €49k€49k2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~32.2%/year over 4 fiscal years, indicative, assuming unchanged policy.
€0€5.00M€10.00M2025: €8.58M (€8.01M - €9.15M)2026: €10.19M (€9.62M - €10.75M)2027: €11.79M (€11.15M - €12.43M)2021: €2.06M2022: €4.84M2023: €5.14M2024: €7.07M2021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Net profit
€49k
+1028.2% 21-24
Total assets
€7.07M
+37.5% 21-24
Equity
€7.07M
+37.5% 21-24
Working capital
€2.30M
+525.7% 21-24
Debt
€959
+13.7% 21-24
Debt ≤ 1y
€959
+13.7% 21-24
Current ratio
2395.51
+449.1% 21-24
Quick ratio
2395.51
+449.1% 21-24
Solvency
100.0%
0.0% 21-24
Debt / equity
0.00
-17.3% 21-24
ROE
0.7%
+720.4% 21-24
ROA
0.7%
+720.5% 21-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue-
EBITDA-
Net profit€49k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€7.07M
Equity€7.07M
Debt€959
of which ≤ 1y€959
of which > 1y-
Working capital€2.30M
Employees (FTE)-
Ratios (computed)
2024
Current ratio2395.51
Quick ratio2395.51
Working capital ratio32.5%
Solvency100.0%
Debt / equity0.00
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA0.7%
ROE0.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€7.07M
Fixed assets 21/28€4.78M
Financial fixed assets 28€4.78M
Current assets 29/58€2.30M
Amounts receivable within one year 40/41€61k
Cash & bank 54/58€47k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€7.07M
Equity 10/15€7.07M
Contributions / capital 10/11€7.51M
Accumulated profits (losses) 14€-441k
Amounts payable 17/49€959
Amounts payable within one year 42/48€959
Trade debts payable within one year 44€959
Income statement
Gross operating margin 9900€-9k
Operating result 9901€-10k
Financial income 75€59k
Financial charges 65€108
Result before taxes 9903€49k
Net result for the period 9904€49k
Result to be appropriated 9905€49k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
86 / 100 Excellent
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

3 directors
Current directors & mandates
Former directors (2)
  • StudiosLegal entity
    Director· perm. rep.: Piet Van Waes
    State Gazette act 26016319 (02-02-2026)
    Former
    - → 20-11-2025
  • Peter Van Praet
    Director
    State Gazette act 22135436 (17-11-2022)
    Former
    - → 06-09-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary -
Legal form Private limited company(610)
Incorporation30-11-2020
StatusActive
Postal code9830

Structure & network

Connections & network

10 connected companies
USelect Holding, We sit on their board UHUSelectHoldingFidu Group, Shared address FGFidu GroupGeniki, Shared address GGenikiHorcli Invest, Shared address HIHorcli InvestHORSUM, Shared address HHORSUMLunasol Polaris, Shared address LPLunasolPolarisSTAK Co-Investors, Shared address SCSTAKCo-InvestorsTill-IT, Shared address TTill-ITTillSign, Shared address TTillSignWell One, Shared address WOWell OneHarvest Harvest0758.912.360
Group structureShared address / shareholder
Group structure
USelect Holding
We sit on their board · 1 location
→
Network connections
Fidu Group
Shared address
→
Geniki
Shared address
→
Horcli Invest
Shared address
→
HORSUM
Shared address
→
Lunasol Polaris
Shared address
→
STAK Co-Investors
Shared address
→
Till-IT
Shared address
→
TillSign
Shared address
→
Well One
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control

1 party
HarvestBE 0758.912.360
controls
Where this company holds controlthis company sits on their board1
USelect Holding
1 location

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
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.

Kortrijksesteenweg 489830 Sint-Martens-Latem

Establishment units

1 location
Harvest
Kortrijksesteenweg 48, 9830 Sint-Martens-LatemHoldings
since 20202.310.558.509
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area7,043 m²
Buildings1
Building footprint1,509 m²
Volume (LiDAR)3,533 m³
Tallest building13.4 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44064B0246/00F000 Flanders 7,043 m² 1 · 1,509 m² 13.4 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

4 acts
Capital history · 1
02-02-2021
v3.2
Address history · 1
03-11-2023
v3.2
All acts · 4 updated 6 months ago
2026
02-02-2026 Piet Van Waes resigns as director Director changes
  • Piet Van Waes, Bestuurder
Summary: v3.2
2023
03-11-2023 Registered office moved from Gent to Sint-Martens-Latem Registered-office change
  • Schoonzichtstraat 23E, 9051 Gent → Kortrijksesteenweg 48, 9830 Sint-Martens-Latem
Summary: v3.2
2022
17-11-2022 Peter Van Praet resigns as director Director changes
  • Peter Van Praet, Bestuurder
Summary: v3.2
2021
02-02-2021 Capital increase of €625,000 to €9,775,040 Capital & shares
  • €9.150.040 → €9.775.040
Summary: v3.2

Analysis

Snowflake analysis

financial profile on 5 axes
Health86Profitability3Solvency100Growth78Stability94
72 / 100

Strong profile, led by solvency.

All 5 axes are computed from data Checked has read.

Health 86
Profitability 3
Solvency 100
Growth 78
Stability 94

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameNL Harvest
Registered office
Kortrijksesteenweg 48 bus 5
9830 Sint-Martens-Latem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.