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HAS

Active Private limited companyfounded 2003active for 23 yearsLammerdries 13, 2440 GeelKBO/BCE: BE 0479.383.007 subsidiary of

Lifetime

20 annual accounts with figures on one time axis, 22 filings since 2004
peak €917,542 (2024)
€725,136▼ 21.0%
lowest -€144,878 (2025)
-€144,878▼ €257,396
peak €536,367 (2021)
€341,512▼ 29.8%
€1.4m▲ 32.6%
peak 10.2 FTE (2019)
10.1 FTE▲ 7.4%
Board2 names since 2022
1 director
Owners
80%
Documentsfilings and deeds
30-04-2026on the last day
2025abbreviated format
Gross margin from €917,542 to €725,136Loss of €144,878Equity from €486,390 to €341,512Debts from €1.1m to €1.4mCash from €105,047 to €143,748

Key points

from the 2025 annual accounts

Result

-€144,878 -€144,878
€113,0002024-€145,0002025

From profit to loss in 2025, after a profit of €112,518 in 2024.

Turnover

≈ €3.8m estimated

The abbreviated format states no turnover.

Debts

€1.4m 81% of the balance sheet
Financial debts 7%Suppliers 63%Taxes and wages 10%Other 20%

Of this, €1.3m falls due within a year.

Staff

10 employees on 30-09-2025
012022202023662024332025

In 2025, 3 people joined and 3 left.

Filings

22 annual accounts since 2004
deadline20102020

The 2019 accounts came 33 days late. The other nine of the last ten were filed on time.

Position in the sector

-€144,878

Lower net result than 95% of companies in retail trade. Sector median €38,016 · 13,231 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,503 companies had the same profile as HAS has now. Each dot stands for 7 companies, two years later.

96.4%
were still trading
1.8%
stopped another way
1.6%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,503 companies, not a prediction for HAS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director,
  • 80%equity €96,023 (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0479383007
Change of role: , from manager to director Permanent representative: · Director discharge: · General meeting of 12-01-2023 · Gazette deed
1 director appointed, 1 resignation Resignation: · Appointment: · Permanent representative: · General meeting of 02-02-2022 · Gazette deed
First establishment HAS bv, Lammerdries 13, Geel
All 32 events

Comparable companies

same main activity, similar in size and age
Company
HAS Geel €1.8m €725,136 19.1% 10.1
JASAM Aalst €2.0m €716,199 47.1% 11.6
CIMENTA Merksplas €2.4m €500,521 90.6% 9.5
F.D. QUELLIN Antwerp €1.5m €742,462 36.2% 8.5
HERCULES BOUWMARKTEN Antwerp €1.5m €419,846 22.0% 9.4
BRICOLAGES LESSINES Lessines €1.5m €551,840 41.2% 10
MB NANDRIN Nandrin €2.5m €701,044 52.9% 9

These companies have the same main activity as HAS: retail sale of hardware, building materials, paint and glass (general range) (NACE 47521). They are comparable in size and age: total assets between €1.5m and €2.5m, founded between 2000 and 2007.

Official details

Source: KBO
Status
Active since 24-01-2003Normal situation
Activity
Retail sale of hardware, building materials, paint and glass (general range)NACE 47521and 2 others
Joint committees
200Auxiliary committee for white-collar workers
124Construction · annual accounts 30-09-2025
Establishment unit
2.123.214.4892440 Geel, since 19-02-2003
Financial year end
30 September
Peppol
Reachable since 24-11-2023
Company details

Annual accounts to 30-09-2025

€1.8m▲ 13.4%
Employeeson 30-09-2025
10=
Filing
Filed on 30-04-2026, on the last day of the filing period
Financials

Insights on HAS

HAS files the abbreviated format. That format states no turnover. The gross margin rose from €126,693 in 2006 to €725,136 in 2025.

The balance sheet grew most from 2007 to 2008 through fixed assets, financed with long-term debt.

holds 80% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about HAS

What is the company number of HAS?
The company number of HAS is 0479.383.007. The VAT number is the same number with BE in front: BE 0479.383.007.
Where is HAS based?
The registered office is at Lammerdries 13, 2440 Geel.Company details
What does HAS do?
According to the KBO register, the main activity is retail sale of hardware, building materials, paint and glass (general range) (NACE 47521).
What is the legal form of HAS?
HAS is a private limited company (BV).
When was HAS founded?
HAS was founded on 24-01-2003.
Is HAS still active?
Yes, HAS is an active enterprise in the KBO register.
How many employees does HAS have?
HAS had an average of 10.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does HAS fall under?
In its 30-09-2025 annual accounts, HAS states joint committees 200 (Auxiliary committee for white-collar workers) and 124 (Construction).
What is the turnover of HAS?
The turnover in financial year 2025 is ≈ €3.8m. This figure is estimated from the gross margin of €725,136 and 31 comparable companies (NACE 475). It probably lies between €2.4m and €5.8m.
Is HAS profitable?
In financial year 2025, HAS made a loss of €144,878.
Where can I find the annual accounts of HAS?
HAS filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HAS due?
HAS must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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