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HATRAGRO

Active
Private limited companyfounded 2025active for 1 yearKapelstraat 2, 3470 Kortenaken, BelgiumKBO/BCE: BE 1019.631.138
Summary

HATRAGRO has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,576 and a net result of €33,576. Its solvency ranks better than 65% of 5,830 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Financials · financial year 2025, micro format

Equity
€36,576
Total assets
€69,470
Net result
€33,576
Working capital
€36,576

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Equity and liabilities €69,470
Equity €36,576
Debt €32,894
Debt finances 47.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€50,549
Cash flow
€35,760
Current ratio
2.11
Debt to equity
0.90
ROE
91.8%
ROA
48.3%
Interest coverage
over 100
Debt ≤ 1 year
€32,894
Income taxes
€8,422

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€69,470
Current assets29/58€69,470
Amounts receivable after more than one year29€30,000
Other amounts receivable291€30,000
Amounts receivable within one year40/41€18,432
Trade receivables40€18,432
Cash at bank and in hand54/58€20,860
Deferred charges and accrued income490/1€178
Equity and liabilities
Total equity and liabilities10/49€69,470
Equity10/15€36,576
Contributions10/11€3,000
Reserves13€33,576
Distributable reserves133€33,576
Amounts payable17/49€32,894
Amounts payable within one year42/48€32,894
Trade debts44€1,137
Suppliers440/4€1,137
Taxes, remuneration and social security45€13,412
Taxes450/3€13,412
Other amounts payable47/48€18,345
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,184
Gross operating margin9900€50,549
Operating profit (loss)9901€48,365
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€6,374
Recurring financial charges65€167
Non-recurring financial charges66B€6,207
Profit (loss) for the period before taxes9903€41,998
Income taxes67/77€8,422
Profit (loss) for the period9904€33,576
Profit (loss) for the period to be appropriated9905€33,576
Appropriation of the result
Profit (loss) to be appropriated9906€33,576
Transfer to equity691/2€33,576
To other reserves6921€33,576

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,184
Gross operating margin9900€50,549
Operating profit (loss)9901€48,365
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€6,374
Recurring financial charges65€167
Non-recurring financial charges66B€6,207
Profit (loss) for the period before taxes9903€41,998
Income taxes67/77€8,422
Profit (loss) for the period9904€33,576
Profit (loss) for the period to be appropriated9905€33,576
Line2025
Assets
Total assets20/58€69,470
Current assets29/58€69,470
Amounts receivable after more than one year29€30,000
Other amounts receivable291€30,000
Amounts receivable within one year40/41€18,432
Trade receivables40€18,432
Cash at bank and in hand54/58€20,860
Deferred charges and accrued income490/1€178
Equity and liabilities
Total equity and liabilities10/49€69,470
Equity10/15€36,576
Contributions10/11€3,000
Reserves13€33,576
Distributable reserves133€33,576
Amounts payable17/49€32,894
Amounts payable within one year42/48€32,894
Trade debts44€1,137
Suppliers440/4€1,137
Taxes, remuneration and social security45€13,412
Taxes450/3€13,412
Other amounts payable47/48€18,345
Line2025
Profit (loss) for the period9904€33,576
+ Depreciation and write-downs630€2,184
Operating cash flow (approximation)€35,760

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 09-06-2026 2026-00157273

Similar companies · same sector, comparable size

Of the 12,348 active companies whose main activity is freight transport by road (NACE 49410), figures are known for 8,229. 5,775 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.