Has Invest
ActiveHas Invest has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.59M and a net result of €36k. Equity is growing by ~37% per year across the filed fiscal years. Its solvency ranks better than 47% of 7955 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+4
Solvency66▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 2.32 against 3.86 in 2024; short-term debt: 12.1% and cash: 0.5% of total assets), but 58.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.3%
Return on assets
0.6%
Age of the figures
9 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-03-2026, 141 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
141 d early
2024
1 d early
2023
33 d early
2022
6 d early
2021
68 d early
2020
151 d early
2019
62 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€2.59M▼ 11.6%
2024 · €2.93M
2018: €440k
2019: €594k
2020: €822k
2021: €1.11M
2022: €1.78M
2023: €2.94M
2024: €2.93M
2018 → 2025
Total assets
€6.27M▼ 6.9%
2024 · €6.74M
2018: €2.28M
2019: €2.70M
2020: €3.81M
2021: €4.44M
2022: €6.05M
2023: €7.48M
2024: €6.74M
2018 → 2025
Net result
€36k
2024 · €-5k
2018: €127k
2019: €159k
2020: €218k
2021: €290k
2022: €677k
2023: €791k
2024: €-5k
2018 → 2025
Working capital
€995k▼ 33.5%
2024 · €1.50M
2018: €322k
2019: €399k
2020: €547k
2021: €442k
2022: €-120k
2023: €1.70M
2024: €1.50M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.11M-€1.78M▲ 60.3%€2.94M▲ 65.2%€2.93M▼ 0.2%€2.59M▼ 11.6%
Operating result€392k-€860k▲ 120%€1.20M▲ 39.6%€48k▼ 96.0%€71k▲ 47.4%
Net result€290k-€677k▲ 134%€791k▲ 16.9%€-5k€36k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 47% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.27M
Fixed assets
€4.52M▼ 4.2%
Current assets
€1.75M▼ 13.3%
Equity and liabilities €6.27M
Equity
€2.59M▼ 11.6%
Debt
€3.68M▼ 3.3%
The debt ratio rises from 56.5% to 58.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€572k▲
2024 · €537k
Cash flow
€537k▲
2024 · €484k
Solvency
41.3%▼
2024 · 43.5%
Current ratio
2.32▼
2024 · 3.86
Quick ratio
2.32▼
2024 · 3.86
Debt / equity
1.42▲
2024 · 1.30
ROE
1.4%▲
2024 · -0.2%
ROA
0.6%▲
2024 · -0.1%
Interest coverage
7.22▲
2024 · 5.52
Debt
€3.68M▼
2024 · €3.81M
Debt ≤ 1 year
€756k▲
2024 · €523k
Debt > 1 year
€2.92M▼
2024 · €3.28M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€6.74M€6.27M▼
Fixed assets21/28€4.72M€4.52M▼
Tangible fixed assets22/27€4.72M€4.52M▼
Land and buildings22€3.59M€3.59M▲
Plant, machinery and equipment23€1.01M€873k▼
Furniture and vehicles24€122k€56k▼
Financial fixed assets28€1k€1k=
Current assets29/58€2.02M€1.75M▼
Amounts receivable after more than one year29€1.50M€1.50M=
Other amounts receivable291€1.50M€1.50M=
Amounts receivable within one year40/41€464k€219k▼
Trade receivables40€397k€209k▼
Other amounts receivable41€67k€10k▼
Cash at bank and in hand54/58€55k€32k▼
Deferred charges and accrued income490/1€121€94▼
Equity and liabilities
Total equity and liabilities10/49€6.74M€6.27M▼
Equity10/15€2.93M€2.59M▼
Contributions10/11€19k€19k=
Revaluation surpluses12€436k€436k=
Reserves13€2.18M€1.80M▼
Tax-exempt reserves132€19k€19k=
Distributable reserves133€2.16M€1.78M▼
Profit (loss) carried forward14€302k€338k▲
Amounts payable17/49€3.81M€3.68M▼
Amounts payable after more than one year17€3.28M€2.92M▼
Financial debts170/4€3.28M€2.92M▼
Amounts payable within one year42/48€523k€756k▲
Current portion of amounts payable after more than one year42€357k€361k▲
Trade debts44€161k€9k▼
Suppliers440/4€161k€9k▼
Taxes, remuneration and social security45€4k€29k▲
Taxes450/3€4k€29k▲
Other amounts payable47/48-€358k
Accrued charges and deferred income492/3€525€775▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€489k€501k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€25k€7k▼
Other operating charges640/8€171k€38k▼
Gross operating margin9900€733k€617k▼
Operating profit (loss)9901€48k€71k▲
Financial income75/76B€44k€44k=
Recurring financial income75€44k€44k=
Financial charges65/66B€97k€79k▼
Recurring financial charges65€97k€79k▼
Profit (loss) for the period before taxes9903€-5k€36k▲
Income taxes67/77€87-
Profit (loss) for the period9904€-5k€36k▲
Profit (loss) for the period to be appropriated9905€-5k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€302k€338k▲
Profit (loss) brought forward from the previous period14P€307k€302k▼
Transfer from equity791/2-€377k
Profit to be distributed694/7-€377k
Return on contributions (dividend)694-€377k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-5k ▼101%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €791k ▲16.9%
Operating result €1.20M, net result €791k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.89
Current ratio from 0.94 to 2.89; short-term debt falls from €2.13M to €896k.
31-12
Financial
Equity above €2MEq €2.94M ▲65.2%
6 profitable years in a row build equity to €2.94M.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1MEq €1.11M ▲35%
4 profitable years in a row build equity to €1.11M.
02-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 62 days late
2019
31-12
Financial
Equity above €500kEq €594k ▲35%
2 profitable years in a row build equity to €594k.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are 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, Olen · 1 establishment unit since 2023
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.
Turfputten 62250 OlenGround area
5,125 m²
Building footprint
2,352 m²
Parcel 13029F0513/00F000, Flanders. Linked by address, not a title deed.
1 establishment unit
Has Invest
since 20232.343.199.702
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029F0513/00F000 | Flanders | 5,125 m² | 1 · 2,352 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,950 EUR awarded · 1,950 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,950 EUR | 1,950 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 185 companies in sector 46322 we hold annual accounts for 133. 54 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-09-2008
Fiscal year end31-12
Activities, NACEBEL
46322Wholesale trade
46331Wholesale trade
46349Wholesale of beverages, general range
46370Wholesale trade
46381Wholesale trade
46391Wholesale trade
47110Non-specialised retail sale with food, beverages or tobacco predominating
47111Retail trade
47210Retail sale of fruit and vegetables
47252Retail sale of beverages, general range
47260Retail trade
47279Other retail sale of food
47299Retail trade
52100Warehousing and storage
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.