HASO
ActiveHASO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €314k and a net result of €27k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 17964 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
81
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▲+4
Solvency81▼-4
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.41 in 2024), and 46.6% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2025Solvency, return and age of the figures
Solvency
53.4%
Return on assets
4.6%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
30 d late
2022
24 d early
2021
83 d early
2020
19 d late
2019
31 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€314k▼ 5.4%
2024 · €332k
2018: €100k
2019: €134k
2020: €195k
2021: €241k
2022: €257k
2023: €323k
2024: €332k
2018 → 2025
Total assets
€588k▲ 3.1%
2024 · €570k
2018: €255k
2019: €350k
2020: €488k
2021: €493k
2022: €477k
2023: €569k
2024: €570k
2018 → 2025
Net result
€27k▲ 4.2%
2024 · €26k
2018: €15k
2019: €40k
2020: €61k
2021: €46k
2022: €16k
2023: €67k
2024: €26k
2018 → 2025
Working capital
€86k▼ 12.2%
2024 · €98k
2018: €7k
2019: €46k
2020: €112k
2021: €167k
2022: €192k
2023: €268k
2024: €98k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€241k-€257k▲ 6.5%€323k▲ 26.1%€332k▲ 2.6%€314k▼ 5.4%
Operating result€69k-€35k▼ 49.6%€83k▲ 137%€58k▼ 29.9%€52k▼ 9.2%
Net result€46k-€16k▼ 65.5%€67k▲ 325%€26k▼ 61.0%€27k▲ 4.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €588k
Fixed assets
€228k▼ 2.5%
Current assets
€360k▲ 7.0%
Equity and liabilities €588k
Equity
€314k▼ 5.4%
Debt
€274k▲ 14.9%
The debt ratio rises from 41.8% to 46.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€71k▲
2024 · €71k
Cash flow
€46k▲
2024 · €39k
Solvency
53.4%▼
2024 · 58.2%
Current ratio
1.31▼
2024 · 1.41
Quick ratio
0.99▼
2024 · 1.08
Debt / equity
0.87▲
2024 · 0.72
ROE
8.7%▲
2024 · 7.9%
ROA
4.6%▲
2024 · 4.6%
Interest coverage
6.52▲
2024 · 5.95
Debt
€274k▲
2024 · €238k
Debt ≤ 1 year
€274k▲
2024 · €238k
Income taxes
€14k▼
2024 · €20k
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€570k€588k▲
Fixed assets21/28€234k€228k▼
Tangible fixed assets22/27€234k€228k▼
Land and buildings22€188k€176k▼
Plant, machinery and equipment23€46k€52k▲
Current assets29/58€336k€360k▲
Stocks and contracts in progress3€80k€88k▲
Stocks30/36€80k€88k▲
Amounts receivable within one year40/41€215€7k▲
Trade receivables40€215€7k▲
Current investments50/53€5k€5k=
Cash at bank and in hand54/58€251k€259k▲
Equity and liabilities
Total equity and liabilities10/49€570k€588k▲
Equity10/15€332k€314k▼
Contributions10/11€33k€33k=
Reserves13€248k€230k▼
Distributable reserves133€248k€230k▼
Profit (loss) carried forward14€50k€50k▲
Amounts payable17/49€238k€274k▲
Amounts payable within one year42/48€238k€274k▲
Trade debts44€48k€21k▼
Suppliers440/4€48k€21k▼
Advances received on contracts in progress46-€48k
Taxes, remuneration and social security45€70k€48k▼
Taxes450/3€61k€44k▼
Remuneration and social security454/9€9k€4k▼
Other amounts payable47/48€120k€156k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€19k▲
Other operating charges640/8€7k€6k▼
Gross operating margin9900€77k€78k▲
Operating profit (loss)9901€58k€52k▼
Financial income75/76B€146€40▼
Recurring financial income75€146€40▼
Financial charges65/66B€12k€11k▼
Recurring financial charges65€12k€11k▼
Profit (loss) for the period before taxes9903€46k€42k▼
Income taxes67/77€20k€14k▼
Profit (loss) for the period9904€26k€27k▲
Profit (loss) for the period to be appropriated9905€26k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€75k€77k▲
Profit (loss) brought forward from the previous period14P€49k€50k▲
Transfer from equity791/2-€45k
Transfer to equity691/2€25k€27k▲
To other reserves6921€25k€27k▲
Profit to be distributed694/7-€45k
Return on contributions (dividend)694-€45k
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €67k ▲325%
Net result €67k, the highest in the series.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €241k ▲23.3%
4 profitable years in a row build equity to €241k.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-12
Financial
Equity above €150kEq €195k ▲45.7%
3 profitable years in a row build equity to €195k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Equity above €100kEq €134k ▲34.5%
2 profitable years in a row build equity to €134k.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
SOETENS Lucia Yvonne Marguerite
CurrentDirector · since 11-12-2023
VAN DER HAEGEN Steven
CurrentDirector · since 11-12-2023
11-12-2023
SOETENS Lucia Yvonne Marguerite: Resigned as Director
11-12-2023
SOETENS Lucia Yvonne Marguerite: Appointed as Director
11-12-2023
VAN DER HAEGEN Steven: Resigned as Director
11-12-2023
VAN DER HAEGEN Steven: Appointed as Director
Location & real-estate footprint
Registered office, Ninove · 1 establishment unit since 2002
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.
Rijstraat(Den) 1009400 NinoveGround area
2,568 m²
Building footprint
542 m²
Volume, LiDAR
7,064 m³
2 parcels, Flanders · tallest building 25.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Centrumlaan 42, 9400 Ninove
since 20022.101.449.174
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41362B1594/00G000 | Flanders | 1,356 m² | 1 · 342 m² | 24.9 m · 6 fl. |
| 41012C1355/00M000 | Flanders | 1,212 m² | 1 · 200 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2022 to 2025 · 4 entries · 2,428 EUR awarded · 2,428 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 447 EUR | 447 EUR |
| 2024 | 1 | 0 EUR | 1,305 EUR |
| 2023 | 1 | 1,589 EUR | 284 EUR |
| 2022 | 1 | 392 EUR | 392 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Robalco
BE 0882.124.730
Merksplas · Eq €313k
PHILIPPE STEVENS
BE 0474.471.144
Blégny · Eq €315k
CATHANIX
BE 0899.269.182
Brussel · Eq €315k
SERMANT
BE 0420.252.302
Ninove · Eq €313k
KOOL
BE 0849.949.533
Kalmthout · Eq €312k
Of 1,503 companies in sector 47540 we hold annual accounts for 801. 643 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-10-2001
Fiscal year end31-12
Activities, NACEBEL
47540Retail sale of electrical household appliances
52450
46431Wholesale of electrical household appliances and audio-video equipment
46500Wholesale of information and communication equipment
46660Wholesale trade
47400Retail sale of information and communication equipment
47410Retail trade
51850
52487
71330
71403
77222Rental and leasing activities
77330Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.