Financials
- Fiscal year
- 2025
- Total assets
- €1.6m
- Loss
- -€345,776
- Solvency
- 2.6%
Total assets▲ 17.0%
Net result
20192025
HASAVLUTH
ActiveSummary
The computed 12-month bankruptcy probability of HASAVLUTH is 4.7% (elevated). The annual accounts of HASAVLUTH for fiscal year 2025 show a net loss of 89% of the equity at the start of that year. The 2025 annual accounts show equity of €41,233 and a net result of -€345,776. Equity is shrinking by ~30.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 14% of 919 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Manufacture of food products
NACE 10910
2 sites
Size
€1.6mtotal assets 2025
- Staff
- 12.1 FTE
- Equity
- €41,233
- Loss
- -€345,776
Turnover not published (abridged schema)
Structure
- Parent
- HELUCA
Accounts 2 d early0 of 5 deeds read
Why 35- Sector Manufacture of food products (NACE 10)- Equity €41,233 (2.6% of total assets)- Liquidity: current ratio 0.89- Loss of €345,776, the second in a row (FY 2025)Show the evidence
Checked score
Score 2025
35
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 4% of its sector peers (NACE 10, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
28-25
equity 2.6% of total assets
Liquidity
0-12
short-term debt 97.1%
Profitability
0=
return on assets -21.4%
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.7%
12-2024: 3.7%▲ +1.3% vs 11-2024
01-2025: 3.8%▲ +1.7% vs 12-2024
02-2025: 3.7%▼ -1.5% vs 01-2025
03-2025: 3.8%▲ +3.0% vs 02-2025
04-2025: 4.2%▲ +8.0% vs 03-2025
05-2025: 3.8%▼ -8.9% vs 04-2025
06-2025: 3.8%● 0.0% vs 05-2025
07-2025: 3.8%● 0.0% vs 06-2025
08-2025: 3.8%● 0.0% vs 07-2025
09-2025: 3.1%▼ -18.3% vs 08-2025lowest value
10-2025: 3.1%● 0.0% vs 09-2025lowest value
11-2025: 3.1%● 0.0% vs 10-2025lowest value
12-2025: 3.1%● 0.0% vs 11-2025lowest value
01-2026: 3.3%▲ +5.9% vs 12-2025
02-2026: 3.3%▼ -0.4% vs 01-2026
03-2026: 3.2%▼ -2.0% vs 02-2026
04-2026: 3.5%▲ +9.7% vs 03-2026
05-2026: 4.7%▲ +32.9% vs 04-2026highest value
06-2026: 4.7%● 0.0% vs 05-2026highest value
07-2026: 4.7%● 0.0% vs 06-2026highest value
08-2026: 4.7%● 0.0% vs 07-2026highest value
09-2026: 4.7%● 0.0% vs 08-2026highest value
10-2026: 4.7%● 0.0% vs 09-2026highest value
- Sector Manufacture of food products (NACE 10) raises the probability
- Equity €41,233 (2.6% of total assets) raises the probability
- Liquidity: current ratio 0.89 raises the probability
- Loss of €345,776, the second in a row (FY 2025) raises the probability
Credit up to €1,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.89 against 1.08 in 2024; short-term debt: 97.1% of total assets), and 97.4% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 10, small). Better than this share of them on solvency 8%, liquidity 0%, profitability 2%, growth against the median 4%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
192021232425
2019 to 2025 · latest year -€345,776
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 919 sector peers (2025).
NBB · sector comparisonPosition among 919 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
2 d early
2024
21 d early
2023
5 d early
2021
20 d early
2020
19 d early
2019
96 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 26 April (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close03-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Annual accounts filedfiscal year 2023 · abbreviated…
Key points
- Caution: Equity fell in 2025from €387,009 to €41,233 ▼ 89.3% View
- Caution: Among the weakest 5% on net resultsector median €35,363 · 916 companies -€345,776 View
- Controlled by HELUCA parent View
- Caution: 2 loss-making years in a rowloss fiscal year 2025 -€345,776 View
- Positive: Always filed on timeaccounts within the deadline every year 5 years View
By topic
Board & ownership
- Parent
- HELUCA
Timeline
- Events
- 8
- Since
- 2020
- Next accounts
- by 30-04-2027
- 28-04-2026Annual accounts filed
- 09-04-2025Annual accounts filed
- 25-04-2024Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Public limited company
- Activity
- Manufacture of food productsNACE 10910
- Founded
- 04-06-2019
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
Go further with this company
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